You are here

Daily Dispatches

What''s AngloGold''s next acquisition target?

Section: Daily Dispatches

By 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

Section: Daily Dispatches

By 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

Section: Daily Dispatches

By 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?

Section: Daily Dispatches

By 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

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

Section: Daily Dispatches

By 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

Section: Daily Dispatches

By 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

Section: Daily Dispatches

By 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

Section: Daily Dispatches

11p 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

Section: Daily Dispatches

10:24p 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...

Pages