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Daily Dispatches
Will Barrick bid for Normandy, or even for AngloGold?
Submitted by cpowell on Sun, 2001-12-16 03:00 Section: Daily Dispatches9:14p ET Sunday, December 16, 2001
Dear Friend of GATA and Gold:
We've had good response to our offer to give a one-ounce
Durban Roodeport Deep Krugerrand and a gold-plated
U.S./South Africa friendship flag lapel pin to donors of
$525 or more. But we still have a few left and so remind
our friends and supporters of their availability -- first
come, first served.
We look at obtaining one of these coins as potentially
Rep. Paul would outlaw ESF intervention in metals markets
Submitted by cpowell on Sun, 2001-12-16 03:00 Section: Daily DispatchesBy Michael Weir
The West Australian
a href=http://www.thewest.com.au/20011217/business/tw-business-home-http://www....
sto36656.html
December 17, 2001
North American gold miners Barrick Gold and Homestake
Mining have wrapped up their $US2.3 billion ($4.43 billion)
merger, clearing the way for the expanded Barrick to enter
the battle for Normandy Mining.
London Times analyzes struggle over Normandy and hedging
Submitted by cpowell on Thu, 2001-12-13 03:00 Section: Daily Dispatchesa href=http://biz.yahoo.com/rf/011210/syd226593_1.htmlhttp://biz.yahoo.com/rf/0...
By James Regan
SYDNEY, Dec 10 (Reuters) -- Newmont Mining Corp, which on Monday
lifted its bid for Australia's Normandy Mining Ltd by A$900 million,
is betting that gold prices are poised to rise after years in the
doldrums.
quot;We think there is a substantial movement in the gold price coming,quot;
AngloGold comments on Newmont''s latest offer for Normandy
Submitted by cpowell on Mon, 2001-12-10 03:00 Section: Daily Dispatches6:37p ET Sunday, December 9, 2001
Dear Friend of Gata and Gold:
Newmont Mining announced today that it has increased its
offer for Normandy Mining to the equivalent of A$1.90 per
share. You can read the Newmont press release here:
a href=http://biz.yahoo.com/prnews/011209/lasu002_1.htmlhttp://biz.yahoo.com/pr...
CHRIS POWELL, Secretary/Treasurer
Newmont, Franco executives say it''s all about hedging
Submitted by cpowell on Mon, 2001-12-10 03:00 Section: Daily Dispatches11:19a ET Monday, December 10, 2001
Dear Friend of GATA and Gold:
AngloGold has issued a statement in response to
Newmont's latest offer for Normandy Mining, and
you can find it here:
a href=http://biz.yahoo.com/iw/011210/02035734_1.htmlhttp://biz.yahoo.com/iw/01...
CHRIS POWELL, Secretary/Treasurer
Newmont increases offer for Normandy
Submitted by cpowell on Sun, 2001-12-09 03:00 Section: Daily Dispatches10:28p ET Tuesday, December 4, 2001
Dear Friend of GATA and Gold:
AngloGold Chairman and CEO Bobby Godsell has told a
GATA supporter that his company is reducing its gold
hedges and that its acquisition target in Australia,
Normandy Mining, is quot;substantially overhedged.quot;
Further, Godsell sees the controversial proposal by
some gold producers to spend $200 million promoting
gold jewelry as also promoting the purchase of gold for
Godsell wants to reduce hedging by AngloGold and Normandy
Submitted by cpowell on Tue, 2001-12-04 03:00 Section: Daily Dispatches1:47p ET Monday, December 3, 2001
Dear Friend of GATA and Gold:
Here's the press release we issued today about
Durban Roodeport Deep's magnificent contribution
of Krugerrands to GATA at the New Orleans Investment
Conference, and our plan to raise money by selling
them as keepsakes, along with U.S./South African
friendship flag lapel pins. If you're interested,
please get in touch with me as explained in the
Remarks to GATA reception in New Orleans
Submitted by cpowell on Mon, 2001-12-03 03:00 Section: Daily Dispatches10:32a CT Friday, November 30, 2001
Dear Friend of GATA and Gold:
Thursday was a day of wonderful success for GATA at the
New Orleans Investment Conference.
GATA Chairman Bill Murphy's address, scheduled in what
might as well be called quot;prime timequot; -- late morning --
was rousing, drew a big and attentive audience, and was
well received. (I copied it to you last night.)
It was immediately and aptly followed by a brilliant
GATA offers keepsake Krugerrands for donations of $525
Submitted by cpowell on Mon, 2001-12-03 03:00 Section: Daily Dispatches3:14a ET Monday, December 3, 2001
Dear Friend of GATA and Gold:
Our excursion to the New Orleans Investment Conference
was a big success and a little emotional.
Not long ago GATA Chairman Bill Murphy was finding
doors barred to him. Now he is being invited as a
speaker to international conferences.
The New Orleans conference was especially important to
us because of its traditional orientation to gold and
Report from New Orleans: Great presentations and a magnificent contribution
Submitted by cpowell on Fri, 2001-11-30 03:00 Section: Daily DispatchesHere is the text of GATA Chairman Bill
Murphy's address to the New Orleans
Investment Conference today, Thursday,
November 29, 2001
* * *
Hello, everyone. I would like to extend a special
greeting to those Gold Anti-Trust Action Committee
supporters who have come from all over the world to
attend this conference.
Two years ago from this very podium I presented
evidence the gold market was manipulated by a cartel of
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