You are here

Yamana joins XAU as Kinross absorbs Bema

Section: Daily Dispatches

Philadelphia Stock Exchange Press Release
Friday, February 23, 2007

http://www.phlx.com/news/pr2007/07pr022307.htm

PHILADELPHIA -- The Philadelphia Stock Exchange announced today that changes to the PHLX Gold / Silver Sector Index (XAU) will become effective before the opening of business on Feb. 28, 2007. Yamana Gold Inc. (AUY) will be added while Kinross Gold Corp (KGC) will reflect the acquisition of Bema Gold Corp. (BGO).

"XAU is the leading gold and silver sector index for retail and institutional options investors in the U.S. marketplace," said Daniel R. Carrigan, PHLX's vice president of new product development. "Yamana Gold Inc., a strong player in gold mining consolidation, adds to XAU a significant gold and copper-gold producer with properties in Brazil, Argentina, and Central America," he said.

The Philadelphia Stock Exchange was founded in 1790. The PHLX trades more than 7,000 stocks, 2,340 equity options, 15 sectors index options, and currency options. For more information about the PHLX and its products, visit www.phlx.com.

* * *

Help Keep GATA Going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at www.GATA.org. GATA is grateful for financial contributions, which are federally tax-deductible in the United States.