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Daily Dispatches
Durban CEO will be allowed to return to South Africa
Submitted by cpowell on Fri, 2002-03-08 03:00 Section: Daily Dispatches8:51p ET Thursday, March 7, 2002
Dear Friend of GATA and Gold:
The Bank for International Settlements isn't the only
institution in trouble with Reg Howe for freezing out
minority shareholders. So is Kinross Gold. You
can read about it here:
a href=http://www.goldensextant.com/Kinross-Kinam.htmlhttp://www.goldensextant....
CHRIS POWELL, Secretary/Treasurer
Kinross warned about unequal treatment of shareholders
Submitted by cpowell on Thu, 2002-03-07 03:00 Section: Daily DispatchesNY gold holds up after final Bank of England sale, $300/oz seen
NEW YORK, March 5 (Reuters) -- COMEX gold gained
ground despite more supply laid on the market by the
Bank of England's latest and last auction of gold
reserves, and traders said they now expect gold to be
able to climb higher.
Immediately following the bank's 20-tonne gold sale,
there was almost no reaction in the London bullion
Please pardon malfunction of GATA dispatch mechanism
Submitted by cpowell on Wed, 2002-03-06 03:00 Section: Daily Dispatches11:56p ET Tuesday, March 5, 2002
Dear Friend of GATA and Gold:
We have received more encouragement from Harmony
Gold through a letter, appended here, from the
company's chairman, Adam Fleming, who reminds us
implicitly that the most basic support we can give to
the gold cause is to buy and hold gold as a store of
value. It would be great if more mines made it as easy
to buy gold as Harmony does.
Insight article about GATA is picked up by CNN Internet site
Submitted by cpowell on Wed, 2002-03-06 03:00 Section: Daily Dispatches12:26a ET Wednesday, March 6, 2002
Dear Friend of GATA and Gold:
Our dispatch mechanism at YahooGroups has been
malfunctioning for a couple of days now, so I've not
been able to send you everything I've wanted to, and
in the next day or two you may end up with duplicate
messages. Please pardon the inconvenience.
I hope you've discovered the good coverage of the big
news of the week, the controversy at Durban
Rep. Ron Paul appeals for support for bill regulating ESF''s gold activity
Submitted by cpowell on Wed, 2002-03-06 03:00 Section: Daily Dispatches11:41p ET Tuesday, March 5, 2002
Dear Friend of GATA and Gold:
Insight magazine's article about GATA by Kelly
Patricia O'Meara has made the Cable News
Network's Internet site, here:
cnniw.yellowbrix.com/pages/cnniw/Story.nsp?story_id=28262615
Word is getting out.
CHRIS POWELL, Secretary/Treasurer
Bundesbank shoots down talk of more gold sales
Submitted by cpowell on Wed, 2002-03-06 03:00 Section: Daily Dispatches11:47p ET Tuesday, March 5, 2002
Dear Friend of GATA and Gold:
GATA distributed yesterday the press release below in
the hope of persuading Americans to contact their
members of Congress about U.S. Rep. Ron Paul's
legislation to impose some accountability on the
Exchange Stabilization Fund's activity in the gold
market.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Harmony Gold markets gold bars and Lord of the Rings ring via Internet
Submitted by cpowell on Tue, 2002-03-05 03:00 Section: Daily DispatchesJOHANNESBURG (Dow Jones) -- Roger Kebble, the deputy
chairman and executive director of South African gold
miner Durban Roodepoort Deep Ltd. (DROOY), has been
suspended from his executive director position, a
company source said Monday.
The suspension means he will cease all executive functions,
though he will remain as an ordinary director and will be free
to carry out these duties, the source said.
NY gold holds up after final Bank of England sale, $300/oz seen
Submitted by cpowell on Tue, 2002-03-05 03:00 Section: Daily Dispatches12:47a ET Wednesday, March 6, 2002
Dear Friend of GATA and Gold:
People really must see the excerpt below
from GATA Chairman Bill Murphy's quot;Midasquot;
commentary Tuesday night at
www.LeMetropoleCafe.com.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
* * *
From quot;Midasquot; commentary for March 5, 2002
By Bill Murphy
www.LeMetropoleCafe.com
Business Report''s story on S. Africa''s exclusion of Durban CEO
Submitted by cpowell on Mon, 2002-03-04 03:00 Section: Daily Dispatches8:26p ET Sunday, March 3, 2002
Dear Friend of GATA and Gold:
Here's another report about South Africa's
expulsion of Durban Roodeport Deep CEO
Mark Wellesley-Wood, from www.News24.com.
With all the political polemicism here, I
suppose that one has to read between the
lines, but in any case this seems likely
to discourage foreign investment in South
Africa and to make things harder for that
Roger Kebble reported suspended from executive post at Durban
Submitted by cpowell on Mon, 2002-03-04 03:00 Section: Daily DispatchesSouth Africa locks the door on DRD chief executive
By Andrew Davidson
Business Report, South Africa
www.busrep.co.za
Monday, March 4, 2002
Johannesburg -- A harassed, frustrated, and confused Mark
Wellesley-Wood, the British chief executive of local gold
producer Durban Roodepoort Deep (DRD), was at his family
home outside London last night waiting to hear if and when
he could return to South Africa.
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