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Daily Dispatches
What''s AngloGold''s next acquisition target?
Submitted by cpowell on Sat, 2002-01-05 03:00 Section: Daily DispatchesBy Thom Calandra
CBS.MarketWatch.com
Friday, January 4, 2002
a href=http://cbs.marketwatch.com/news/story.asp?guid=%7B3240BD45%2D47C1%http:/...
2D4C42%2DAC5B%2D4C4C355942B7%7Damp;siteid=mktw
SAN FRANCISCO -- Gold sure could use some of the squeeze
that is pushing silver prices to nearly one-year highs.
While gold prices start the new year tamely flirting with $280 an
Federal Reserve must be held accountable
Submitted by cpowell on Sat, 2002-01-05 03:00 Section: Daily DispatchesBy Angus Macmillan
Dow Jones Newswires
JOHANNESBURG, Jan. 3 -- If AngloGold Ltd. is
pipped at the post by Newmont Mining Corp in
its bid for control of Australia's Normandy
Mining Co., it will face a dwindling range of
growth strategies. U.S.-based-Newmont has
raised its bid for Normandy to A$1.93 a share
-- valuing the company at A$4.3 billion --
and eclipsing AngloGold's A$4.1 billion offer
AngloGold says it''s better to lose Normandy than to overpay
Submitted by cpowell on Fri, 2002-01-04 03:00 Section: Daily DispatchesBy Alden Bentley
NEW YORK, Jan 3 (Reuters) -- The purchase of
Australia's Normandy Mining by Newmont Mining after a
four-month bidding war will not be a one-way ticket
higher for gold prices, but should be beneficial for
the downsizing gold industry over the long haul,
experts said.
The takeover looked inevitable Thursday, raising the
specter that Newmont -- formerly North America's No. 1
Will gold rise follow squeeze in silver?
Submitted by cpowell on Fri, 2002-01-04 03:00 Section: Daily DispatchesBy Darren Schuettler
JOHANNESBURG, Jan 4 (Reuters) -- AngloGold Chairman
and CEO Bobby Godsell said on Friday his company's
offer for Australia's Normandy Mining was final and it was
now up to Normandy's shareholders to decide.
However, Godsell told Reuters in an interview that he was
encouraged by the narrowing gap between AngloGold's
offer and a richer bid from U.S. rival Newmont Mining Corp.
Newmont raises Normandy offer; Anglo won''t keep bidding
Submitted by cpowell on Thu, 2002-01-03 03:00 Section: Daily Dispatches'MIDAS' COMMENTARY FOR DECEMBER 27, 2001
By Bill Murphy
www.LeMetropoleCafe.com
December 27, 2001
Gold $277, down $2.10
Silver $4.45, down 9 cents
Thirty-three months after the opening of
www.LeMetropoleCafe.com, the Gold Cartel is still
banging away at the gold price. Back then their quot;Guns
of Navaronequot; began blazing with selling barrages around
$290. Afraid of allowing gold to trade anywhere near
Newmont''s acquisition of Normandy seen putting a floor under gold
Submitted by cpowell on Thu, 2002-01-03 03:00 Section: Daily DispatchesBy Darren Schuettler and Sophie Hares
JOHANNESBURG/SYDNEY, Jan 3 (Reuters) -- Newmont Mining
looked poised to win a takeover battle for Australia's
Normandy Mining with a sweetened bid on Thursday, as
AngloGold Ltd refused to up its latest offer.
U.S.-based Newmont had earlier boosted the cash element
of its offer by 10 Australian cents per share, with the Normandy
board recommending the A$4.3 billion (U.S. $2.2 billion) offer.
AngloGold raises bid for Normandy, cites cooperation with Barrick
Submitted by cpowell on Thu, 2001-12-27 03:00 Section: Daily DispatchesBy Bill Murphy
www.LeMetropoleCafe.com
December 19, 2001
The following documentation and statements were presented
in Reg Howe's lawsuit in U.S. District Court in Boston against
the Bank for International Settlements, Fed Chairman Alan
Greenspan, New York Fed President William J. McDonough,
J.P. Morgan amp; Co. Inc., Chase Manhattan Corp., Citigroup Inc.,
Goldman Sachs Group Inc., Deutsche Bank AG, and former
ESF admits working with Fed to keep close watch on gold
Submitted by cpowell on Thu, 2001-12-27 03:00 Section: Daily DispatchesBy Walter Watson
SYDNEY, Dec 27 (Reuters) -- South Africa's AngloGold Ltd hit back
against Newmont Mining Corp in the battle for Normandy Mining Ltd
on Thursday, boosting its bid by 10 cents cash a share to value the
Australian gold miner at about A$4.1 billion (US$2.1 billion).
However, at the close of Australian trade the offer still valued
Normandy at only A$1.83 a share, compared to Denver-based
Bank of Italy accounts show evidence of gold swap deception
Submitted by cpowell on Wed, 2001-12-19 03:00 Section: Daily Dispatches11p ET Monday, December 17, 2001
Dear Friend of GATA and Gold:
GATA consultant Mike Bolser has discovered that something
big is happening with J.P. Morgan's gold derivatives as
reported to the U.S. Office of the Controller of the
Currency. Mike's analysis is described in a new posting
at Reg Howe's Internet site, here:
a href=http://www.goldensextant.com/Charts.html#anchor161737http://www.goldense...
Morgan''s gold position is being hidden; and more on Godsell''s comments
Submitted by cpowell on Mon, 2001-12-17 03:00 Section: Daily Dispatches10:24p ET Sunday, December 16, 2001
Dear Friend of GATA and Gold:
Our friend Jay Taylor of J Taylor's Gold amp; Technology Stocks
newsletter reports that U.S. Rep. Ron Paul believes that the
Exchange Stabilization Fund is intervening in the gold and
silver markets and that he is drafting legislation to forbid
it. Read about it here at www.Gold-Eagle.com:
a href=http://www.gold-eagle.com/gold_digest_01/taylor121701.htmlhttp://www.gol...