Thom Calandra''s Stockwatch: Dollar drop will fortify gold shares

World Gold Council press release

NEW YORK, April 17, -- The World Gold Council has
announced at its annual meeting in Melbourne,
Australia, that Mr. C. M. T. Thompson, chairman of
Gold Fields Ltd., has been elected chairman of
the WGC, with immediate effect.

He succeeds Mr. Bobby Godsell, chairman of
AngloGold Ltd.

Chris Thompson said: quot;As I will soon have more time
available as a non-executive chairman of Gold Fields
Ltd., the Board of the World Gold Council has asked
me if I could commit more time to the organisation at
this exciting point in the development of the gold markets.

quot;I believe passionately in the industry and feel that it
should concentrate on marketing as much as it
concentrates on costs. The World Gold Council is the
organisation that can deliver the marketing expertise the
industry needs,quot; he said.

The World Gold Council is an international organization
formed and funded by leading gold mining companies
from around the world to promote and expand the market
for gold and gold products through a research-driven
approach to market and product development.