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Posted June 5, 2007

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SABC - The rand is steady this morning. Forex dealers say the gold price, which lost some ground yesterday, played a key role in the local currency’s fortunes. Key issues set to dominate local financial markets today include forex movement, precious metal

Metals - Gold flat amid steady dollar, weak base metals UPDATE
Forbes - The modest rebound in the dollar is pulling the gold price lower while speculators were active sellers last week,’ said analysts at JP Morgan. ‘We continue to see gold respecting support towards the 650 usd level in the short term with physical

Shedding the Harmony way
Mining MX - He agreed that it could have been floated separately, but reckons the Pamodzi deal was the most value-creative while the royalty element of 3% on the first 1 million oz produced and 1.75% thereafter retains leverage to the gold price for Harmony, on

Gold price unexpectedly exceeds VND13mil/tael threshold
BVOM.com - The domestic market saw the gold price dramatically increase late last week, which exceeded the sensitive threshold of VND13mi/tael. This is for the first time since May 17 the gold price returned to the VND13mil/tael level. The increase has

Managing Director’s Presentation To 2007 Agm
Asia Corporate News Network - To put operating costs in perspective when we calculated the cash costs we used a gold credit of $450 / oz, and if we were to use today s gold price of $650 / oz today s operating costs would fall to less than 50 cents per pound. So yes we

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