Tagesbericht: Gold, Analyse: New Hampton (Australien) - 500 Beiträge pro Seite

[Goldhotline]

Tagesbericht

Gold bei 277 $/oz (+6 $/oz), Goldaktien fest, Analyse: New Hampton (Australien)

Der Goldpreis konnte im gestrigen New Yorker Handel in zwei Schüben von 271 auf 276 $/oz
zulegen. Im Handel in Sydney und Hongkong stieg der Goldpreis zeitweise über die Marke von
277 $/oz und notiert aktuell in der engen Handelsspanne zwischen 276 und 277 $/oz. Der Anstieg
des Goldpreises ist auf den Anschlag auf ein US-Kriegsschiff in Jemen zurückzuführen, der das
Potential hat, den Konflikt zwischen Israel und den Palästinensern auf die Region auszuweiten und
damit zu einem anhaltenden Ölpreisanstieg führen könnte. Bislang befindet sich die
Goldpreisentwicklung noch unter der sicheren Kontrolle der Investmentbanken, die massive
Shortpositionen im Gold aufgebaut haben. Panikartige Eindeckungen mit der Folge einer
explosiven Preisentwicklung sind erst bei einem Preisanstieg auf über 290 $/oz zu erwarten. Dies
könnte allerdings bereits in den nächsten Tagen durch einbrechende Aktienmärkte ausgelöst
werden. Die Goldaktien entwickeln sich weltweit sehr fest wobei vor allem Standardwerte gesucht
sind.

Der nordamerikanische xau-Goldminenindex konnte um 5,5 % oder 2,5 auf 47,7 Punkte zulegen
und den Vortagesverlust von 4,4 % mehr als ausgleichen. Bei den Standardwerten stiegen
Newmont 8,6 %, Homestake 8,3 %, Barrick 6,8 %, Goldcorp 6,0 %, Iamgold 5,5 % und Placer
Dome 5,4 %. Bei den kleineren Werten konnten Glamis Gold 19,5 %, Kinross 12,5 %, Echo Bay
10,0 % und Battle Mountain 8,0 % zulegen.

Die in New York gehandelten südafrikanischen Werte notierten ebenfalls fest. Harmony stiegen
um 7,4 %, Durban Roodepoort Deep um 6,5 %, Gold Fields um 6,1 % und Anglogold (GB) um 5,3
%.

Der australische Goldminenindex schloß um 3,6 % oder 23,9 bei 696,4 Punkten fester. Bei den
Standardwerten stiegen Lihir 8,9 %, Newcrest 7,2 %, Normandy Mining 5,4 % und Goldfields 3,0
%. Bei den kleineren Werten konnte New Hampton nach einem hervorragenden Quartalsbericht
um 9,1 % zulegen. Croesus stiegen um 3,9 % und Hill 50 um 3,4 %. Bei den Explorationswerten
zogen Herald um 5,0 % und Spinifex um 4,0 % an.


Die aktuellen Topempfehlungen der Goldaktien (maximale Kauflimite in Klammern):

Nach dem Kursanstieg wurde Newcrest zu einer Halteposition.

Australien:
Sicherheitsorientiert:
Delta Gold 1,19 A$ (2,40 A$), Normandy Mining 0,98 A$ (1,20 A$, aktuelle Dividendenrendite 6,1
%), Pacmin 1,40 A$ (1,60 A$), Lihir 0,61 A$ (0,70 A$), Newcrest 4,15 A$ (4,00 A$, jetzt eine
Halteposition), Sons of Gwalia 5,52 A$ (4,80 A$, jetzt eine Halteposition)

Spekulativ:
New Hampton 0,24 A$ (0,26 A$), Hill 50 0,88 A$ (1,10 A$), Spinifex 0,13 A$ (0,15 A$), Otter Gold
0,33 A$ (0,32 A$, jetzt eine Halteposition), Tribune Resources 0,80 A$ (0,25 A$, jetzt eine
Halteposition), Aquarius Platinum 8,10 A$ (2,80 A$, jetzt eine Halteposition).

Südafrika:
Sicherheitsorientiert:
Harmony 5,50 Euro (6,50 Euro), Gold Fields 3,50 Euro (4,50 Euro), Anglogold (ADR zu 1/2Aktie;
GB) 20,10 Euro (28,00 Euro)

Spekulativ:
Durban Roodepoort Deep 1,13 Euro (1,80 Euro)

Nordamerika:
Sicherheitsorientiert:
Placer Dome 8,50 $ (12,00 $), Freeport 8,6875 $ (16,00 $), Meridian 5,6875 (8,00), Goldcorp
6,625 (7,00), Iamgold, 2,90 C$ (3,00 C$), Homestake 4,875 $ (8,00 $), Newmont 15,875 $ (22,00
$), Barrick 14,75 $ (18,00 $), Battle Mountain 1,6875 $ (2,00 $)

Spekulativ:
TVX 1,4375 $ (5,00 $), Kinross 0,5625 $ (1,25 $)

Bemerkungen:

-Achtung: Wegen der Marktenge vieler Werte müssen alle Orders limitiert werden!

-Bis auf Otter Gold werden alle Werte auch in Deutschland gehandelt.

-Bei New Hampton wurden am 24.12.99 Mineral Deposits Limited (MDL) Aktien im Verhältnis von 5
MDL für 18 New Hampton Aktien und Gratisoptionen im Verhältnis von 1 Option, Laufzeit 31.05.01,
Basis 0,23 A$ für 2 New Hampton Aktien abgeschlagen.

-Am 31.07.00 wurden die Aktien der TVX im Verhältnis von 5 alten Aktien zu 1 neuen Aktien
zusammengelegt.


Unternehmensmeldung
(AUS=Australien, NA=Nordamerika, SA=Südafrika, $=US$, MKP=Marktkapitalisierung),
Marktkapitalisierung immer in A$, Produktionskosten immer in US$

13.10.00 New Hampton Goldfields (AUS, 49,2 Mio A$) meldet für das Septemberquartal erneut
eine Rekordgoldproduktion von 72.732 oz, was einer Jahresrate von 290.000 oz entspricht. New
Hampton konnte damit die Prognosen aus dem Juniquartal leicht übertreffen. Der durch eine
vorübergehende Schließung der Big Bell Untertagemine bedingte Produktionsausfall konnte durch
eine vergrößerte Übertageproduktion ausgeglichen werden. Bei Nettoproduktionskosten von 223
$/oz konnte New Hampton einen operativen Gewinn von 5,5 Mio A$ erwirtschaften, was einem
aktuellen KGV von 2,2 entspricht. Sehr erfolgreich verlief die Exploration. So konnten die Reserven
um 58 % auf 1,3 Mio oz ausgeweitet werden, was einer Lebensdauer von 4,5 Jahren entspricht.
Die Ressourcen konnten um 34 % auf 4,0 Mio oz erweitert werden, was einer Lebensdauer von
14,4 Jahren entspricht. In beiden Produktionsstätten konnte die Lebensdauer durch die
Ausweitung der Reserven auf über 4 Jahre gesichert werden. New Hampton konnte den
Cashbestand auf 11,3 Mio A$ steigern und hält einen Anteil von 19,2 % an Croesus Mining mit
einem aktuellen Gegenwert von 7,8 Mio A$. Im Juniquartal gab New Hampton die Höhe der
Vorwärtsverkäufe mit 964.000 oz an, was der Produktion von 3,3 Jahren entspricht.

Beurteilung: Mit einem aktuellen KGV von 2,2 ist New Hampton die gewinnstärkste uns bekannte
Goldmine. Positiv beurteilen wir die enormen Explorationserfolge und die Substanz, die sich aus
dem Cashbestand und der Beteiligung an Croesus Mining ergibt. Aus dieser Stärke ergeben sich
weitere Wachstumsperspektiven für New Hampton. Negativ beurteilen wir die Höhe der
Vorwärtsverkäufe. Wir halten New Hampton für völlig unterbewertet und stufen die Aktie als
unsere australische Topempfehlung bei den gewinnorientierten Werten ein.

Empfehlung: Halten, unter 0,26 A$ kaufen, aktueller Kurs 0,24 A$. New Hampton (WKN 874901)
wird mit geringen Umsätzen in Berlin gehandelt (vgl. Kaufempfehlung am 24.07.00 bei 0,24 A$).

Die Goldhotline

[DBrix]

In New York schon wieder $272

[manfred1_I]

New Hampton Gold steht bei mir seit Monaten
hoch im Kurs.
Der jetzige Quartalsbericht scheint dies zu bestätigen.

[Arhaes]

Open Briefing, New Hampton Goldfields, CEO on Record Output
corporatefile.com
New Hampton Goldfields Limited recently announced a profit of $5.9 million after tax for the September quarter. This exceeded the annual profit of $5.4 million in the year to June 2000. What target have you set for profit in the full year to June 2001?

CEO Ed Eshuys
We do not normally disclose profit targets. We are very pleased with the quarterly profit result and expect the full year results to represent a significant improvement on the previous.

corporatefile.com
The mine life of both your current operations has increased from 3 to 4 years, which is in line with your Ore Reserves. What is the potential mine life given your Mineral Resources are now 4.03 million ounces?

CEO Ed Eshuys
I expect most of our Mineral Resources will be converted to Ore Reserves either as a function of an increase in the gold price, additional drilling or an improvement in mining costs. If that is the case, our level of Mineral Resources suggests New Hampton could operate for over 10 years at the current rate of production.

It is also important to recognise there is potential to go beyond 4 million ounces of Mineral Resources. We are now drilling at Big Bell South from which there are no resources included in that 4 million ounce figure. We are also drilling at Tuckabianna where we expect to add substantially to the current 260,000 ounce resource. Finally, we are drilling underground at Golden Crown where we have been able to confirm continuity of the high-grade mineralisation that has been mined historically.

New Hampton is conducting a very focused, strategic and considered exploration program. This is borne out by our cost of only $10 per ounce to add to our resource base and $12 per ounce to add to our reserve base. These numbers compare well to industry averages. It also is evidence that our program is working and the prospectivity of our exploration ground is high.

corporatefile.com
Gold production in the September quarter was a record 72,732 ounces and cash costs of $372/oz were the lowest level for 12 months. What drove production up and costs down?

CEO Ed Eshuys
Big Bell gold production was enhanced by continuous operations throughout the quarter from the Cuddingwarra open pits and two months of full production from the underground mine. The grades at the Cuddingwarra open pits have been higher than initially indicated. That gave us the production kicker at Big Bell.

The higher throughput and grade helped to reduce unit costs.

We are a little below forecast production levels at Jubilee because of delays in getting Noble 5 into production. Noble 5 required a pre-strip of some 20 metres and we had to resolve a problem with ground water. That is now behind us. We are currently mining ore at Noble 5 and the high grades are being confirmed.

corporatefile.com
What production and operating costs do you anticipate in the December quarter and for the full year ending June 2001?

CEO Ed Eshuys
We are forecasting 80,000 ounces in the December quarter at a cash cost of $365 per ounce.

Production at Jubilee will jump because of the higher grades. We are blending the soft oxide ore from Noble 5 with harder ore from Trojan. The Trojan ore grades about 2 g/t and the Noble ore grades about 4.5 to 5 g/t. We are planning to produce in excess of 37,000 ounces from Jubilee for the quarter and over 43,000 ounces from Big Bell.

CEO Ed Eshuys
For the full financial year we are forecasting 350,000 ounces at a cash cost of $360 per ounce. We are on target to achieve our plan.

corporatefile.com
If you achieve those forecasts what free cash flow after (after capital expenditure) will this generate for the company?

CEO Ed Eshuys
Our cash flow management is based around operations generating sufficient cash to cover capital expenditure and exploration costs.

We are confident of growing the business without the need for borrowings or equity raisings.

corporatefile.com
A couple of months ago there was speculation New Hampton would pay a large dividend relating to the June 2000 profit. This speculation proved to be incorrect. When might you begin dividend payments?

CEO Ed Eshuys
We have discussed this at board level and it is unlikely we will pay dividends while we are growing the company at the current rate. An alternative we might consider is to use funds for a share buy-back.

corporatefile.com
Lower underground production at Big Bell was offset by higher grades mined from the open cut. Have you completed mining the low-grade lateritic materials at Cuddingwarra or did you specifically move to higher grade at the open pits to compensate for the lower underground output?

CEO Ed Eshuys
No. We simply maintained our planned production schedule. In the Black Swan pits, ore was scheduled to be mined at a high-grade level. It was a bonus that the grade was higher than expected.

And yes, at Cuddingwarra we have mined most of the low- grade lateric ore and we are now mining material averaging 2.5-3 g/t. That is offsetting the lower underground production at Big Bell.

corporatefile.com
Can you grow Big Bell open-pit gold output by lifting mining tonnes as well as grades to compensate for any short fall from the underground?

CEO Ed Eshuys
We had originally scheduled to mine 1 million tonnes p.a. from the Cuddingwarra open pits. We have re-scheduled that to 1.8 million tonnes p.a. with that added production from Golden Gate and Rheingold.

We are undertaking some strategic drilling to extend the continuity of Golden Gate, Rheingold and the Black Swan pits. Given the exploration results to date, we will be able to expand Rheingold and Golden Gate and that may allow us to mine even more than 1.8 million tonnes a year. But we are still in the planning stages.

corporatefile.com
Has the recent death at Big Bell impacted on the long-term underground mining plan?

CEO Ed Eshuys
We are very saddened by the fatality and must learn from what happened.

We are investigating telly-remote mining from a safety and cost perspective and its implementation could have implications for our long-term mining plan.

The technology of telly-remote mining has advanced rapidly and in some Canadian mines telly-remote mining is proving to be lower cost than other underground mining methods. We will fully investigate its benefits.

corporatefile.com
Underground ore production at Big Bell has recommenced from the upper levels. When do you expect production to restart at the lower levels which were subject to seismic activity in the June quarter?

CEO Ed Eshuys
We anticipate getting about 500,000 tonnes this year from underground. Most of that will be from the shallower levels of the mine and I expect to recommence production from the deeper parts late in the March quarter.

corporatefile.com
A gravity circuit was installed and three leach tanks were refurbished at Big Bell during the June quarter, allowing recoveries to improve from 79 percent to nearly 91 percent. Have recoveries improved to the extent you had hoped?

CEO Ed Eshuys
Yes, we are on target with lifting the recoveries. However, I expect with fine-tuning we should be able to increase recoveries to 93-95 percent over the next 12 months. This is partly a function of processing more oxide ore, but also due to the installation the gravity circuit. Prior to that, recoveries were only 85 percent even when we processed oxide ore.

Another result of our capital expenditure is lower cyanide consumption. That is reflected in the September quarter milling costs which fell to $9.50 per tonne from previous levels of $11.50-12.00 per tonne.

corporatefile.com
The Fender deposit is important to provide flexibility for Big Bell. You have previously stated grades of 5 g/t would support a cut back of that pit. However, recent drilling results were below that. Does Fender still have potential?

CEO Ed Eshuys
Fender does still have potential. The grade recorded in our quarterly report of 2.6 g/t does not meet the 5 g/t we are aiming for. However, the width of the ore is greater than we originally thought.

A positive aspect of Fender is that the mineralisation is continuous and enables us to get a very good handle on the grade.

But the other import thing about Fender is, starting immediately south of Big Bell mine, there is about one kilometre of strike where drilling has only been down to 45- 50 metres.

We are currently undertaking a diamond drilling program at 50 metre spaces over the one kilometre of strike to test the deeper grades. I expect a higher grade. And this mineralised zone is 30-50 metres wide.

corporatefile.com
Rheingold at Cuddingwarra, Big Bell returned drill results including 34 metres at 8.4 g/t from 66 metres and 12 metres at 22.2 g/t from 50 metres. When do you expect to commence mining at Rheingold?

CEO Ed Eshuys
We have already commenced pre-strip mining at Rheingold.

corporatefile.com
How will you progress exploration at Rheingold?

CEO Ed Eshuys
The past drilling at Rheingold was oblique to the orientation of the mineralisation. As a consequence, it is quite difficult to interpret the high-grade intersections within the Rheingold orebody. The most recent results we have reported are a function of understanding the structure and drilling perpendicular to the mineralisation.

I am very encouraged by these high values because they should result in quite a lift in the overall grade at Rheingold.

corporatefile.com
Increased mining activity in the Noble deposits at the Jubilee operation was not evident in the September quarter numbers. When do you expect higher output from Noble?

CEO Ed Eshuys
Mining of ore at Noble 5 commenced in the current quarter and will continue for the rest of this financial year.

corporatefile.com
During the quarter you recorded a drill result of 10 metres at 35.7 g/t gold from a depth of 34 metres at Noble 6. When do you expect to start mining Noble 6?

CEO Ed Eshuys
In the March quarter 2001.

corporatefile.com
Which is the richest Noble deposit?

CEO Ed Eshuys
Noble 5 at this stage.

corporatefile.com
Exploration success and strategic acquisitions have enabled you to increase the company`s Mineral Resources by 1.03 million ounces to 4.03 million ounces and Ore Reserves by 464,0000 ounces to 1.27 million ounces. Is there further acquisition potential close to your operations?

CEO Ed Eshuys
Yes, at both Jubilee and Big Bell.

We are currently in discussion with companies to acquire leases with known reserves and resources. Our strategy is to build up a land portfolio around our existing infrastructure. We can then expand our production without any major capital expenditure.

corporatefile.com
Are exploration opportunities more prevalent for smaller gold companies as exploration budgets fall worldwide and large gold companies seek elephant deposits?

CEO Ed Eshuys
Yes. Opportunities are wide open for smaller companies, not only in Western Australia, but Australia wide. Opportunities exist to consolidate land from larger companies or where small companies have run out of funds.

We have a senior management person concentrating solely on those opportunities and we will probably devote even more resources. There are opportunities for New Hampton to enter entire gold fields, not just exploration blocks.

We are sifting through opportunities according to our selection criteria.

corporatefile.com
Newcrest Mining has ground close to your tenements in the Kalgoorlie and Coolgardie region. Is there potential for exploration arrangements with Newcrest?

CEO Ed Eshuys
That is a possibility. We are conducting a joint study on the Hampton-Boulder/Jubilee Pit. That study will be completed in the December quarter. I think it will lead to some further drilling. It remains to be seen whether that is done on a joint basis or whether each party drills on its own land. The study of the mineralisation and geology is being done jointly.

corporatefile.com
You acquired Golden Crown as part of the Big Bell acquisition. Underground drilling has achieved high-grade intersections including 4.2 metres at 12.0 g/t gold. When will you make a decision on restarting mining at Golden Crown and how much capital is needed to bring it into production?

CEO Ed Eshuys
We are very encouraged by these drill results because they confirm continuity of the mineralisation below that previously mined. We have also confirmed that the grades are equivalent to those mined historically.

The mine is on a care and maintenance basis. Golden Crown has produced 500-600,000 ounces at a grade of 12 grams over its life. It is in very good shape and would take very little effort or capital to re-activate mining.

We are contemplating bringing it into production towards the end of the March quarter. It will not produce a lot of tonnes, maybe 50,000 tonnes per year initially. However, 50,000 tonnes milled at 12 g/t would produce 20,000 ounces at a low cash cost. And that would be a valuable addition to the Big Bell operation.

corporatefile.com
Thank you Ed. We look forward to the next Open Briefing with New Hampton.

[manfred1_I]

Das hört sich ja wie erwartet gut an.

Heute Kurs von NHG wieder leicht
gestiegen.

Ferner verdienen die austr. Minen im
moment deshalb gut, weil der Austr. $
so tief liegt. Eine Unze über 500 A.$. Erlös.

[Arhaes]

Vielleicht ja positiv, oder auch nicht!

By Sharon Kemp


NEW Hampton Goldfields is again the subject of market speculation after a mixed September quarter that included a mining fatality and record production.

Unfortunately for the Melbourne-based gold miner, the interest is not the buying kind but a refocus on its stop-start merger talks with Croesus Mining.

Analysts have reported speculation that the talks are back on again, but it is news to New Hampton managing director Ed Eshuys.

"There are no merger talks," he said. "We are in regular discussions with the company. We are happy with that investment at the moment."

New Hampton has a 20.38 per cent stake in Croesus. It used the creep provisions of the Corporations Law to increase its stake one per cent in August.

But Mr Eshuys would not rule out making a fresh bid for a seat on the Croesus board.

New Hampton just failed to get across the line in a campaign to gain board representation at Croesus"annual meeting last year.

With additional votes, and what could prove to be support among some of the other top-five shareholders, New Hampton might have the fire-power this year.

That is if it has not decided to sell its stake.

Adding to the speculation, New Hampton`s biggest shareholder, 35 per cent owner Normandy Mining, is reportedly looking for a buyer for its stock.

But Mr Eshuys said he was not aware of any such move by Normandy.

"I have no such knowledge but we do talk to Normandy as our major shareholder on a reasonably regular basis and they tell me they are happy with the performance and New Hampton," he said.

"Whether that means they are going to hang on to or sell their shares, I don`t know."

The speculation has coincided with the departure of executive director Tom Burrowes and the scaling down of former managing director Nick Limb`s role to non-executive after 12 months as executive director of corporate affairs.

In that time, New Hampton became a two-mine producer after buying the Big Bell gold mine, near Cue in WA`s Murchison, from Normandy (for $29 million in cash and scrip) and tidied up the corporate structure through an in-specie distribution of mineral sands junior Mineral Deposit`s shares.

Uncertainty, arising from market talk, has neither harmed nor enhanced New Hampton`s share price, which has traded just above 20¢ apart from a brief spike to 30¢ in August which attracted a speeding ticket from the stock exchange.

But it is well below the 30¢ plus valuation analysts put on the stock earlier this year after the Big Bell purchase.

Exploration potential has been the company`s greatest asset, but it appears to be making inroads to production costs at Big Bell, which have previously turned off investors.

[manfred1_I]

Ich will nur noch mal auf diese
Perle am GOldmarkt hinweisen.
NHG dürfte jetzt vom steigenden
Goldpreis stark profitieren.

[006]

hallo
hast du dich nicht auch schon mal für my casino
stark gemacht???
gruss 006

[manfred1_I]

Lt. Bericht Siegel gibt es jetzt
Übernahmegerüchte von NHG für
Croesus-Mining.
Deshalb Anstieg von Croesus.
Falls dieses kommt, dürfte auch
NHG gestärkt hieraus hervorgehen.

[DrLupo]

@New Hampton -Fans: habe direkten Zugang zu ED E.

Erfahre morgen Neues zur Expl..

Übernahme von Cr. steht momentan nicht zur Debatte.

DerNHG- Kurs ist zu tief,zuerst wird cashflow vergrössert und dann???????

Erfahre morgen näheres auch ev.zu Normandy.

cu DrLupo

[manfred1_I]

Wenn Croesus nicht übernommen wird,
dann übernimmt vielleicht Croesus
NHG??

Trotzdem auch meine Meinung NHG viel
zu niedrig bewertet.
Z. B. hält NHG einen grossen TEil der
Croesus Aktien.
Croesus steigt heute stark, NHG fällt.
Da stimmt was nicht.

[manfred1_I]

NHG hält 19,2 % an Croesus.

Croesus steigt seit zwei Tagen
jeweils um rd.9%.
NHG tritt auf der Stelle.

NHG weiter ein Schnäppchen.
Verschiedene Silberaktien sind
40% in den letzten Tagen gestiegen.

[DrLupo]

@New Hampton Aktionäre: mein Gewahrsmann down-under

ist für 2Tage nicht erreichbar.

Melde mich sofort bei substantiellen news.

cu DrLupo

[DrLupo]

@ New Hamptonianer : erreichte gestern meine Quelle.

Es war schwer ihr einige Würmer aus der Nase zu ziehen.

Soviel,Normandy will ihre Optionen nicht wertlos verfallen lassen,

d.h. ein Projekt oder joint Venture werden eingebracht.

Es Wird über JV noch extrem guter Grund um Kalgoorlie gepeckt.

Exploration liefert überall sehr gute Ergebnisse.

Res: ev. Die options kaufen,aber verdammt kurze Laufzeit

Cu DrLupo

[howling wolf]

na so kurz sind 5 Monate auch wieder nicht und wenn NHG wieder Richtung 30 / 33 cents marschiert, sind die schnell wieder bei 10 cents.

[gholzbauer]

Tuesday 19 December 9:47 AM



Harmony Gold bids A$54 mln for New Hampton
MELBOURNE, Dec 19 (Reuters) - South African gold group Harmony Gold Mining Co said on Tuesday it intends to offer A$54 million for Australian gold miner New Hampton Goldfields Ltd .
The cash offer of A$0.265 a share for Australia`s ninth largest gold producer is above New Hampton`s closing share price of A$0.20 on Monday, but is also below the A$0.30 a share the company struck in August.

"Harmony views its offer for New Hampton as an opportunity to commence gold mining operations in Australia, particularly in the prospective and strategic Kalgoorlie region," Harmony chief executive Bernard Swanepoel said in a statement.

Harmony said it had already agreed to buy 19.9 percent of Harmony`s shares at A$0.265 each from a subsidiary of Normandy Mining Ltd.

New Hampton shares were due to start trading later on Tuesday.

(c) Reuters Limited 2000

REUTER NEWS SERVICE

[manfred1_I]

NHG war immer die Top-Aktie von mir.

Jetzt will Harmony sich diese Perle
unter die Finger reissen.

Ich werde die Übernahme nicht annehmen.

[cariocca]

Ich habe nur darauf gewartet...

Die Aktien sind im Plus... und manfred1_I meldet sich. Toll!


Fröhliches Geschleime...MANI


Cariocca

[Big-Apple]

Der Vorstand hat aufgerufen, bis auf weiteres keine New Hampton Aktien an Harmony zu verkaufen!

Ich sehe das genauso Der Kurs würde bei einem Anstieg des Goldpreises beträchtlich höher steigen. Im Herbst 1999 stieg New Hampton bereits auf 0,34 A$ bei einem Goldpreis von ca. 315 US$/oz.


NEW HAMPTON GOLDFIELDS LIMITED
2000-12-19
SUMMARY

* Takeover Offer for New Hampton Goldfields Limited by Harmony Gold Mining Company Limited

DETAILS

The Board is surprised by the opportunistic bid that has been made. Directors will be meeting tomorrow to appoint independent advisers to prepare an informed response for shareholders.

Until this response, is available, shareholders are advised to take no action. The response will be mailed to all shareholders as soon as it becomes available.

E Eshuys
MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER

[GOLDONLY]

Tja... Wenn Manfred_1 eine Aktie gut findet
(Siehe MY CASINO) ist höchste Alarmstufe. Leider.

Ich hatte bei NHG immer das Gefühl, als wenn der Großaktionär denen sein `schwaches` Goldfeld angedreht
hat. Auch störten mich die vielen Optionen etc.

Ich glaube, daß es weit bessere Gelegenheitem gibt, bei
Goldminen zu investieren.

Beispiele: SBM, CMX, KGM, AUG + alle Südafrikaner

GO

[howling wolf]

nun lasst doch Manfred leben, für das räuberische Übernahmeangebot kann er ja nun wirklich nichts -
mich nervt vielmehr das dreckige Geschleime des Vorstands:
" The Board is surprised by the opportunistic bid that has been made"
das zeigt dass er vermutlich schon gekauft ist und wenig Chance auf Widerstand besteht.

[DrLupo]

@an alle: ruhig Blut bewahren!!!!!!!!!!!!!!!!!

NHG kann nur noch steigen und Normandy will für den Rest und die
die Opt. Geld sehen.

Erfuhr vor Börsen offnung von dem Deal ,Konnte nicht mehr kaufen.

Heute gröster Käufer war Macquarie Equities,seltsam???????

Erfahre bis spätestens Freitag genaueres und die Wahrheit

falls E.E. mich nicht vorher schon angelogen hatte.

cu DrLupo

[howling wolf]

Korrektur und
my apologies an den Vorstand von NHG -

habe leider nur sehr oberflächlich gelesen, opportunistic ist ja wohl doch ablehnend in Bezug auf das Angebot gemeint, als opportunistisch aus Sicht des Raiders...
hw

[manfred1_I]

goldonly ist nur sauer, dass er keine
NHG hat.

So ein Pech.

NHG ist weiter mein FAvorit. Wenn jetzt
der Vorstand die Übernahme schon ablehnt,
dann sind wir ja alle einer Meinung.

Nur soviel, ich habe oben auf eine Übernahme
bei Croesus hingewiesen.
Durch die Beteiligung an Croesus, gilt diese
Übernahme ja indirekt auch für diesen Wert.
Deshalb hat auch Croesus heute zugelegt.

[gholzbauer]

Wednesday 20 December 2:42 AM



UPDATE 4-Harmony sets sights on S.African,Australian mines
(Adds conference call in paras 4-5, 11-12, 18)
By Darren Schuettler

JOHANNESBURG, Dec 19 (Reuters) - South Africa`s acquisition-hungry Harmony Gold announced two deals on Tuesday to grab a foothold in Australia and strengthen its position as South Africa`s third largest gold producer.

World number one gold miner AngloGold Ltd on Tuesday agreed to sell two South African mines to Harmony for one billion rand ($130 million) in cash.

Hours earlier in Australia, Harmony launched a hostile 229 million rand cash bid for New Hampton Goldfields Ltd, that country`s ninth largest gold producer.

"We see an opportunity for us to establish a production base in Australia...to participate in the consolidation of the Australian gold mining industry," Harmony Chief Executive Bernard Swanepoel said during an analysts` conference call.

"If that consolidation goes anything like South Africa, clearly we have the skills to leverage value-creating opportunities for our shareholders," he added.

Shares in Harmony closed up 10 cents at 34.00 rand on the Johannesburg bourse, compared to a session peak of 34.25 rand and a low of 33.50 rand.

The AngloGold deal was widely expected since the companies confirmed last month that they were in talks, but Harmony`s first foray into Australia will be watched closely.

"Swanepoel has a reputation for buying small operations and turning them around. He wouldn`t buy something if he didn`t think he could do the job," one Johannesburg-based analyst said.


GOLD MINE SHAKE-UP

In the latest example of consolidation in South Africa`s industry, the deal for AngloGold`s Elandsrand and Deelkraal mines was expected to yield substantial benefits to both firms.

Harmony said the mines would be acquired by its unit Randfontein Estates, which is located 50 km from the AngloGold operations and would benefit from integrated systems.

"The upfront cost savings over the first six months will quite frankly make this a smart financial investment," Swanepoel said, estimating the immediate savings from a leaner structure at between 50-60 rand per tonne.

He said the combined 9,000-strong workforce at the mines may be reduced by 10-15 percent, but the move would provide more secure jobs for the remaining miners.

The acquisition would be financed through syndicated loans raised on domestic and international debt markets.

The two mines will boost Harmony`s annual output by about 500,000 ounces to 2.7 million ounces, and provide another 10 million ounces of reserves.

Elandsrand and Deelkraal no longer fit with AngloGold`s strategy of concentrating on higher margin, long life mines.

The sale will have a "positive impact" on AngloGold`s earnings, and reduce cash costs at its underperforming South African unit to $208/oz from $233/oz, AngloGold said.

AngloGold`s capital commitments in South Africa will also drop by 730 million rand over six years. Swanepoel said Harmony would like to trim the mines` capital need to 500 million rand.

Shares in AngloGold finished up 160 cents at 214.00 rand, up from a session low of 212.40 rand, but off a peak of 215.00.

In Australia, Harmony is offering A$0.265 a share for New Hampton to gain a foothold in the strategic Kalgoorlie region. The offer was 32.5 percent above New Hampton`s closing price of A$0.20 on Monday, but below the A$0.30 a share in August.

New Hampton, which produced 185,548 ounces in the year to June 30, labelled the bid opportunistic.

(c) Reuters Limited 2000

REUTER NEWS SERVICE

[GOLDONLY]

Enttäuschendes Übernahmeangebot...

Wie gesagt: Es gibt weit bessere Goldaktien.

Übrigens: GHR (Geographe) sollte auch mal übernommen werden.
Hätte ich damals nur angenommen ... Hat mich 80 TSD DM gekostet.

NHG: Großaktionär zu einflußreich.
Zuviele Optionen. Goldfeld nur begrenzte Lebensdauer.

--> Absolut kein Kauf. Übernahmeangebot so schnell wie
möglich annehmen.

Meine bescheidene Meinung ...

GO

[Big-Apple]

@ Goldonly

Zitat: "Enttäuschendes Übernahmeangebot... Übernahmeangebot so schnell wie möglich annehmen. Meine bescheidene Meinung"

Deine Meinug ist wirklich etwas bescheiden. Entweder Du findest das Angebot gut und rätst zur Annahme, oder Du findest es schlecht und rätst zur Ablehnung. Beides zusammen geht nicht.

[GOLDONLY]

@Big-Apple

`Enttäuschend` ist das Übernahmeangebot für alle, die
von riesen Kursgewinnen geträumt haben.

Trotzdem annehmen, weil die Luft nun bei NHG raus ist und
es viele weit bessere Anlagemöglichkeiten bei Goldminen
gibt. (CMX, SBM, OTG,AUR, KGM (?) ...) usw.

Alles klar ??

GO

[manfred1_I]

Übernahme nicht annehmen.

Ich erwarte bei Nichtannahme höheres
Angebot.
Die hier anderer Meinung sind, haben
diese Top-Goldaktien nicht im Depot.

KGV rd. 2,5, sensationell niedrig.

[howling wolf]

Sorry, aber Angebot annehmen und Geld vielleicht in ein paar Monaten ist ja wohl das Dümmste was man tun könnte -
wenn überhaupt verkaufen, dann gleich und an der Börse jetzt (noch) mit höheren Kursen als Harmony bezahlen will.
Ich schliesse mich aber Manfred´s Meinung und der Empfehlung des NHG Managements an, dass Harmony ( oder ein anderer Interessent ) mehr bezahlen muss. hw

[DrLupo]

@ alle: hatte heute Kontakt zu E.E.

Es wird an Abwehrstrategie Gearbeitet.Angebot ist lächerlich.

Es sind noch Gespräche mit DE Crespigny zu Führen.

Tolle Studie von SSB über NHG aus OZ bekommen.

Versuche sie reinzukopieren,dauert aber bis Samstag.

Wer Geld benötigt sollte trotzdem at market verkaufen und

ev. andere stocks kaufen ,wie CRS,ZIM, DOG etc., aber in Gold bleiben.

cu DRLupo

[GOLDONLY]

@DrLupo

Bei NHG stören mich einige Sachen, deshalb bin ich schon
vor längerem bei weit höheren Kursen ausgestiegen.

- Unmengen von Optionen --> Management (kein Wunder, daß die nicht verkaufen wollen)
- Der Hauptaktionär hat dieses Jahr NHG ein schwaches
Goldfeld angedient (m.E. angedreht)
- Der gleiche Hauptaktionär hat jetzt seine Aktien für
26,5 Cent an Harmony verkauft.

Also. NHG absolut kein Kauf. Eher das Gegenteil.

GO

[DrLupo]

@ Goldonly: mit Big bell könntest du recht haben!!!!!!!!!!!!

Vielleicht hat Harmony aber Normandy die Pistole auf die Brust gesetztund

denen eine Übernahme angedroht.......

Lassen wir die Spekulationen und schauen uns den Deal an.

NHG wird mit Croesus geschluckt, soviel cash hat Harmony.

Dann wird mit Steve Miller Sankt Barbara gepackt .....

Daraus kommt ein Anteil von 35% an Goldfields.

Also durch die Brust ins Auge schiessen um am Ende für $ US 100.000.000

in Australien eine Goldproduktion von 700.000 Unzen pro Jahr zu kontrollieren.

Setze morgen zwei neue Nummern rein ,wo Research angefordert werden kann.

Cu DrLupo

[manfred1_I]

Es bleibt absolut spannend mit NHG.

Heute soll eine Meldung an der ASX einge-
troffen sein, dass die Beteiligung von
NHG an Croesus auf rd. 21 % aufgestockt
wurde.
Mal sehen wie morgen die Börse in SYD
reagiert.

Vielleicht kann von euch einer die Meldung
hier hereinstellen.

[howling wolf]

die Meldung:

Change in substantial holding for CRS

Document date: Tue 16 Jan 2001 Released time: Tue 16 Jan 2001 18:18:56
Document No: 190371  Document part: A
Market Flag: N
Classification: Change in substantial holding

CROESUS MINING NL 2001-01-16 ASX-SIGNAL-G

HOMEX - Perth

+++++++++++++++++++++++++
New Hampton Goldfields Limited increased its relevant interest in
Croesus Mining NL on 12/01/2001, from 21,798,601 ordinary shares
(20.38%) to 23,203,601 ordinary shares (21.45%).

[manfred1_I]

howling wolf

ich danke dir für die prompte Erledigung

Gerade habe ich mir den Chart
auf www.entrium.de
von nhg angesehen.
Sieht verdammt gut aus.

[Dottore Lupo]

@ NHG-shareholder.

Am Freitag kommt eine Bewertung der NHG durch CIBC .

Es ist ein Fair Value zwischen 0,45 bis 0,50 zu erwarten.

Ebenfalls bis zum Wochenende werdendie sicherlich guten

Quartalszahlen kommen.

Die Kaffern müssen mehr anlegen.

Und wir warten.Ein Counterbid dürfte unwahrscheinlich sein.

cu Dottore Lupo

[Sovereign]

Dottore, viel Glück bei New Hampton.

Sag mal, ist Deine Ausdrucksweise eigentlich political correct?
Soweit ich weiß heißt Kaffer eigentlich Bauer aber man weiß ja nie wer sich evtl. beleidigt fühlt.

Gruß

Sovereign (sonst eigentlich der Hauptverantwortliche für sprachliche Entgleisungen hier im board)

[Goldhotline]

Dottore meint sicherlich die Londoner BSE-Bauern, die hinter Harmony stehen.

Die Goldhotline

[manfred1_I]

Meiner Ansicht nach, spielt SBM
demnächst die neue Hauptrolle
in der Übernahmeschlacht um das
excellente Goldfördergebiet in
der Kalgoorlieregion Australiens.

NHG ist aber immer noch ein Topwert.

1. SBM
2. NHG
3. Croesus
4. Goldfields (Aus)
5. Spinifex (Explorer)

NHG war zwei Jahre lang mein Topwert
im Goldbereich.

[Arhaes]

Manfred, Du bist der größte, daß wissen wir doch alle.

Was ist eigentlich aus Deinen Otter Gold Optionen geworden???

Nichts für ungut, aber Du gehst mir manchmal auf die.....

[manfred1_I]

Otter Optionen gibt es noch
für ca. 5,5 cents zu kaufen.
Als kleiner Beiposten auf jeden
FAll liegen lassen.
Laufzeit bis 2003.
Bis dahin kommt auch Otter Gold
wieder.
Nochmals schaut mal meinen
Explorationswert SPX heute wieder
an.
Es geht aufwärts.

Noch eins: Wenn man so einen Wert
wie Aquarius im Depot hat.
Dieser hat sich i.d. letzten Jahren
ver-200-facht,dann jucken einem
irgendwelche Werte, die momentan
nicht so laufen, nicht.
Wenn 7 - 8 von 10 Stck. laufen so
reicht mir das.

[Arhaes]

Ich sagte ja schon,

Du bist der Größte

MfG

[Arhaes]

Ich sagte ja schon,

Du bist der Größte

MfG

[Dottore Lupo]

@Manfred: entschuldige, bist du vom Neuen Markt rübergerutscht???

@Sovereign:langsam solltest du mich verstehen.

Der Ausdruck KAFFERN war bewusst provokativ verwendet.

Wollte Emotionen wecken,es gelang.

Trotzdem stinken mir die südafrikanischen Bauernbuben,

weil sie mir meine beste Kuh aus dem Stall führen.

cu D .L.

[Dottore Lupo]

Harmony hat noch 10 Tage Zeit sein Takeoverbid abzugeben.

Bis Dato haben sie nur gefaselt NHG fur 26cent zu übernehmen.

AQP hat für seinen Kroondalbid ein counterbid von Lonmin

zu 40 Rand bekommen.Macht nur Sinn um AQP den Preis zu verderben.

AQP hat schon 61% Kroondal, und deshalb die Schwäche weil eine

Übernahme teuerer wird.

Cu D.L.

[manfred1_I]

Bei NHG soeben auf 31 cents gestiegen
bei Wahnsinnsumsätzen.

Teile schichte ich jetzt in St. Barbara Mines
um.
Dieses dürfte jetzt der interessanteste Wert
werden.

Gestern hat Harmony die Anteile von Normandy
bekommen, wenn ich das richtig gelesen habe.

[Dottore Lupo]

@Manfred:spiel bitte im Oz-Boardbei deinesgleichen!!!!!

Die Normandy shares wurden am Freitag nach Boersenschluss gecrossed.

@alle:kein Stück hergeben,erster Bid bei 0.32 späterhöher.

NHG hat in Kalgoorlie neue Superbohrresultate (10m@ 64 gr au)

etc ,etc.

Die cibc Analyse darf erst nach dem Bid erfolgen.

Flüsterschäztung bis 50 cent.

cu Dottore Lupo

[manfred1_I]

Diese Umschichtung muss ja nicht unbe-
dingt bei 0,31 A.$ erfolgen.

Aber ich sehe auch, dass Harmony grosse
Stückzahlen eingeheimst hat.
FAlls Übernahme gelingt, ist für mich
St. Barbara Mines der neue
heisseste Kandidat.
Das meine ich damit.
Vielleicht kann man ja auch Teile von
NHG behalten.

Da Croesus heute keine guten Zahlen vorge-
legt hat, wandern diese auch in Richtung
St. Barbara Mines.

[Arhaes]

Interessant finde ich,

daß es fast keine Verkäufer mehr gibt.

NHG
New Hampton Goldfields


Depth Level: 10


BUYERS
NUMBER VOLUME UND. PRICE$

62 974,960 0.305
495 8,322,253 0.300
70 1,090,021 0.295
78 1,974,274 0.290
23 406,920 0.285
200 3,967,868 0.280
176 3,511,160 0.275
32 1,038,000 0.270
8 123,550 0.265
7 86,690 1U 0.260


SELLERS
PRICE$ VOLUME UND. NUMBER

0.310 184,447 6
0.315 352,483 12
0.320 484,000 13
0.325 154,500 7
0.330 443,092 16
0.335 347,500 3
0.340 354,580 5
0.345 80,000 2
0.350 293,870 11
0.355 18,000 3

[Arhaes]

Neue sehr gute Bohrresultate von NHG


NEW HAMPTON GOLDFIELDS LIMITED 2001-02-13 ASX-SIGNAL-G

HOMEX - Melbourne

+++++++++++++++++++++++++
SUMMARY

* Joint study increases Mineral Resources at Jubilee Pit to 460,000
ounces

* Strong exploration results from 1600N, south of Big Bell

DETAILS

JUBILEE - JOINT STUDY

The Jubilee Pit 100% owned by New Hampton Goldfields Limited is
adjacent to the Jubilee mill, south of Kalgoorlie, and adjoins the
Hampton-Boulder Pit owned by Newcrest Mining Limited. A joint study
by New Hampton with Newcrest Mining Limited of the Jubilee and
Hampton-Boulder mineral resources was recently completed. For Jubilee
only, the study identified a Mineral Resource of 7.23 million tonnes
at 2.0 grams per tonne (g/t) of gold (0.75g/t cut-off) for 460,000
ounces. The mineralisation remains open at depth.

Australian Mining Consultants Pty Ltd (AMC) have been engaged to
undertake an immediate mining study into the possibility of a big pit
cut-back for Jubilee only. The study is anticipated to be completed
by the end of February 2001.

BIG BELL - EXPLORATION RESULTS AT 1600N

The ongoing drilling programme at 1600N, 1.5 kilometres south of Big
Bell has generated strong results in two recently completed diamond
holes.

Drill hole, BBDD23, tested the main 1600N shoot and gave a very
encouraging intersection of 13 metres at 5.5 g/t gold at the target
depth of 409 metres, plus a lower zone of 23 metres at 1.6 g/t gold.
This intersection extends the depth of the mineralised system to 400
metres below surface and suggests that the system is strengthening at
depth (see attached cross section).

The previous mineral resource estimate for the, main ore shoot at
1600N was 159,000 ounces of gold to a depth of 360 metres below the
surface. The new intersection is expected to substantially increase
those resources and gives encouragement for the concept of
underground mining. The Big Bell underground workings are 1,500
metres north of the BBDD23 intersection at this depth.

Drill hole BBDD24, on section 1450 North, 225 metres south of BBDD23
gave an intersection of 14 metres at 4.0 g/t gold at a vertical depth
of 150 metres below surface. This drill hole is approximately 120
metres from the southern margin of the main mineralised shoot and is
interpreted to have identified a new blind ore shoot in this part of
the Big Bell ore system (see attached long section).

Further drilling is required to better define the significance of
this new mineralisation, and the impact that it will make on mineral
resources and ore, reserves.

Mr E Eshuys
MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER

The information in this report relating to mineral resources and ore
reserves is reported in accordance with the Australasian Code for
Reporting of Identified Mineral Resources and Ore Reserves, September
1999 ("The JORC Code"). This information is based on, and accurately
reflects, information compiled by Dr B Beeson, General Manager
Exploration, C IT Young, General Manager Project Development, and G J
Job, Geology Superintendent - Jubilee Cold Operations.

A full copy of the maps is available for purchase from ASX Customer
Service on 1 300 300 279. Charges apply.

[GOLDONLY]

Lemminge gibt es überall.
Nicht nur am NM.

GO

[Arhaes]

Schon wieder so ein My Casino Speziallist ohne Ahn....


MfG

[Dottore Lupo]

Einige in OZ wollen wieder dumme Spielchen treiben!!!!!!!!

Bin deshalb langsam mit 2/3 meiner Position raus, Scnitt 30,6,

weil mehr nicht drin ist.

Ein Counterbid ist nicht drin,weil Harmony zu stark ist.

Die Südaffen bezahlen aber nur 26,5 und keinen cent mehr.

Sie dürfen jetzt eine Weile at market nicht mehr als den Betrag bezahlen.

Die Bohrresultate hat E.E.wie ein Karnickel aus dem Hut gezaubert um den

Preis zu treiben.Bleibt er höher,werden die Optionen eingelöst und NHG wird

später zu einer fetten Beute.

Übrigens treiben nur Kleinorders über Internetbroker den Kurs,was dies bedeuted

muss ich hier nicht erörtern,oder doch??????????

Neues Spiel, neues Glück.

cu Dottore Lupo

[Arhaes]

Wer sich einmal die letzten Bohrresultate genauer ansehen will,

http://www.newhampton.com.au/news/media/nhga010213.htm


MfG

[GOLDONLY]

@Dottore

Riecht irgendwie nach Lemmingen ??
Wahrscheinlich hätte man NHG noch ein Bißchen
ausreiten können.

GO

[Dottore Lupo]

@ GOLDONLY: rein kommst du immer,siehe Bobbele, aber raus

nur bei starken Umsätzen, sonst bist du locked in paper,

und das ist echte Scheisse.

Anschauungsmaterial im Australienboard.

cu ein in diesen Börsenzeiten vorsichtiger Dottore Lupo

[Arhaes]

16 February, 2001

Open Briefing, New Hampton Goldfields, CEO Updates Big Bell
corporatefile.com
Experts employed by New Hampton Goldfields Limited to investigate reasons for seismic activity in the mid levels of your Big Bell underground mine in the September quarter last year have finished their report. What caused the seismic activity?

CEO Ed Eshuys
In the view of international and Australian experts the seismic activity was caused by a build-up of stresses in the rocks. The stresses were concentrating in one particular area, leading to seismic activity and in some cases, associated rock falls occurred.



The seismic activity generally occurred within seven days of blasting, which obviously had some triggering mechanism as well.



corporatefile.com
How will you guard against seismic activity interrupting mining again?



CEO Ed Eshuys
We are incorporating in full the recommended mining methods of the experts. The bottom of the cone of the sub-level caving had flattened. The expert advice is to restore the `V` shape to the base of the cave from which we mine the rock. We will also cease operating footwall drives and replace them with cross-cuts straight from the decline to the development drive, to minimise mining activity in the underground levels.



Our monitoring systems identified that seismic activity and stress is concentrated at the retreat pillars, so we are removing those pillars. We will mine from the middle of the orebody to the ends and eliminate the need for retreat pillars.



We will also be reducing the size of any new decline openings from the current 6x6 metres to 5x5 metres, which is the common size used in modern underground mines in Australia. This reduction reduces the volume of rock required to be taken out by approximately 30 percent.



Lastly, we are cone bolting all of the development and working areas to protect our workforce against any rock falls associated with seismic activity.



corporatefile.com
What impact will the smaller size openings of the declines have in terms of ore trucked and when will the smaller declines come into play?



CEO Ed Eshuys
The impact on ore trucked will be minimal because today there are low profile, 50 tonne trucks, which will replace our existing ageing 50 tonne trucks. These latest model trucks are faster, so overall productivity is expected to be higher and it allows operating costs to be maintained as we mine deeper.



The smaller decline is scheduled to come into operation in the next financial year.



corporatefile.com
What are the general ground conditions like at Big Bell underground?



CEO Ed Eshuys
The general ground conditions are stable. It is the view of the experts that the stresses caused at the retreat pillars and the lack of cone development to the bottom of the cave were the basis for the seismic activity and rock falls.



corporatefile.com
How will you alter your mining plan in order to increase safety?



CEO Ed Eshuys
The safety of our workforce is paramount. All the issues I mentioned earlier will help with safety including abandoning the footwall drives, restoring the inverted cone and by cone bolting all development and working areas.



We will also ensure a seven day exclusion zone after blasting. The Mines Department has reviewed our revised mining plan and given us written approval to proceed with that plan.



corporatefile.com
Will the seven day exclusion zone accelerate your desire to use remote controlled loaders?



CEO Ed Eshuys
This is a technology applied to existing loaders that allows blasted ore to be loaded by remote control methods. We intend to proceed with this during the June quarter and we estimate the equipment and training for remote control loading will cost half a million dollars. It is expected to take two to three months to be fully operational.



Remote controlled loaders are an important advance for safety and for lowering operating costs. The new loaders we purchased last year can be efficiently converted to tele- remote control.



The purpose of the remote controlled loaders, in the first instance, is to do bogging during the seven day exclusion zone, but we expect in time we may be able to reduce or even remove the exclusion zone altogether. It will depend on the experience that we gain from mining by the revised method.



corporatefile.com
What impact will all the above changes to mining method and capital development at the mid levels of Big Bell have on mining costs and capital costs for Big Bell overall?



CEO Ed Eshuys
We estimate the overall cash operating costs for the underground mine will move to approximately $21.00 per tonne of ore mined. Previously, mining costs were about $19.00 per tonne. Our mining people expect that they will be able to get back to $19.00 a tonne, but all our forecasts and targets are based on $21.00 per tonne of ore mined.



The ongoing capital development cost will actually be less as we`re removing the footwall drives, reducing the size of the decline opening and increasing the gradient of the decline.



corporatefile.com
How do you expect to get the operating costs back from $21.00 to $19.00 per tonne over time?



CEO Ed Eshuys
The faster trucks will enable us to transport the ore more quickly. Over time we foresee reducing the time period of the exclusion zone with anticipated cost savings.



corporatefile.com
When do you expect the mid levels to be back to full production and at what rate?



CEO Ed Eshuys
Subject to completing detailed planning, during the next financial year we anticipate operating at 1 million tonnes per annum, whereas previously, the mid levels operated at nearly 1.8 million tonnes per annum.



corporatefile.com
Last year you reactivated the upper levels of the mine. What rates do you expect to mine from the upper levels and when will you achieve that rate?



CEO Ed Eshuys
We`re currently mining the upper levels at around 600,000 tonnes per annum. We have procedures in place to mine the upper levels at a rate of 70,000 tonnes per month by April this year.



corporatefile.com
The third ore source for the Big Bell mill is the Cuddingwarra open pits. What amount will be mined from Cuddingwarra each year and for how long can you mine the open pits?



CEO Ed Eshuys
The Cuddingwarra open pits were originally scheduled to produce 1 million tonnes per annum. Subsequent to the seismic events, production increased to the current rate of 2 million tonnes per annum. We will, over the next six months, reduce that level as our underground production picks up.



On that basis, the Cuddingwarra reserves will last until early next year. However, from the knowledge that we are gaining from mining and the exploration work that we`ve been doing, we plan that we`ll be able to maintain a production level at Cuddingwarra of 1 million tonnes per annum for several years.



corporatefile.com
The Big Bell mill has a rated capacity of 3mt p.a. when processing hard ore but can do at least 3.5mt p.a. by blending hard and soft ore. What other potential ore sources are there to lift the mill above the 3mt p.a. you plan from the sources you`ve just mentioned?



CEO Ed Eshuys
There are several additional ore sources. One is the 4 million tonnes of tailings, which resulted from mining in the 1930`s. With the gravity circuit installed, the recoveries of those tailings have improved substantially.



We want to process those tailings for two reasons. One reason is to have the mill processing three and a half million tonnes per annum. Based on detailed testing and recent trials, this is forecast to generate an incremental cash surplus. The second reason is to remove the environmental liability that potentially exists. This offers the possibility to turn a potential liability into an asset.



The other sources of ore will come from potential open pit mining at a resource just 1.5km south of Big Bell (`1600N`). This resource also has underground development potential, as indicated from the successful drilling campaign. The grades we recently announced from there so far indicate potential, subject to a proper feasibility study, for an underground operation with a respectable operating cost, which can be accessed from the existing Big Bell underground mine infrastructure.



We have a large land position in the Big Bell area with a number of outstanding exploration targets that potentially provide for future long term operations.



corporatefile.com
Is it too early to say what that could mean in terms of mine life for the overall operation?



CEO Ed Eshuys
Big Bell in total has five years of reserves at current production levels. The resource at 1600N could add half a million tonnes of ore each year.



corporatefile.com
And that`s higher grade than the current operation?



CEO Ed Eshuys
Yes, there are some excellent intersections of 5 grams per tonne and we could well improve on the long term average grade for Big Bell of 3 to 3.5 grams per tonne.



corporatefile.com
Which means that potentially it could be medium term production rather than longer term?



CEO Ed Eshuys
Yes, it could be brought into production within 12 months, if all goes to plan.



Another potential ore source for the Big Bell mill is Golden Crown, which is on care and maintenance and can be reactivated at any time. Exploration late last year confirmed the continuity of the 13 gram per tonne ore body at depth and we`re conducting an in-house feasibility study at the moment to see how we can mine that profitably.



corporatefile.com
You also announced the summary findings of a joint study with Newcrest Mining Limited about the mineral resources at your Jubilee operation and Newcrest`s adjoining Hampton-Boulder Pit. For Jubilee only, the study identified 7.23 million tonnes at 2.0 g/t of gold for 460,000 ounces. How will you progress this project?



CEO Ed Eshuys
The respective New Hampton and Newcrest on-site management teams, along with consultants, are considering the scope of further joint activities in response to the positive outcome of the recently completed joint study.



corporatefile.com
How significant could this be for New Hampton?



CEO Ed Eshuys
The result of this study is significant in a number of aspects. One is that, we may, generate near term reserves. That`s why we`ve initiated a mining study on our side of the boundary. More importantly though, the combination of the Jubilee and Hampton- Boulder pits could potentially lead to a major operation.



corporatefile.com
Thank you Ed. We look forward to the next Open Briefing with New Hampton Goldfields.

[Arhaes]

16 February, 2001

Open Briefing, New Hampton Goldfields, CEO Updates Big Bell
corporatefile.com
Experts employed by New Hampton Goldfields Limited to investigate reasons for seismic activity in the mid levels of your Big Bell underground mine in the September quarter last year have finished their report. What caused the seismic activity?

CEO Ed Eshuys
In the view of international and Australian experts the seismic activity was caused by a build-up of stresses in the rocks. The stresses were concentrating in one particular area, leading to seismic activity and in some cases, associated rock falls occurred.



The seismic activity generally occurred within seven days of blasting, which obviously had some triggering mechanism as well.



corporatefile.com
How will you guard against seismic activity interrupting mining again?



CEO Ed Eshuys
We are incorporating in full the recommended mining methods of the experts. The bottom of the cone of the sub-level caving had flattened. The expert advice is to restore the `V` shape to the base of the cave from which we mine the rock. We will also cease operating footwall drives and replace them with cross-cuts straight from the decline to the development drive, to minimise mining activity in the underground levels.



Our monitoring systems identified that seismic activity and stress is concentrated at the retreat pillars, so we are removing those pillars. We will mine from the middle of the orebody to the ends and eliminate the need for retreat pillars.



We will also be reducing the size of any new decline openings from the current 6x6 metres to 5x5 metres, which is the common size used in modern underground mines in Australia. This reduction reduces the volume of rock required to be taken out by approximately 30 percent.



Lastly, we are cone bolting all of the development and working areas to protect our workforce against any rock falls associated with seismic activity.



corporatefile.com
What impact will the smaller size openings of the declines have in terms of ore trucked and when will the smaller declines come into play?



CEO Ed Eshuys
The impact on ore trucked will be minimal because today there are low profile, 50 tonne trucks, which will replace our existing ageing 50 tonne trucks. These latest model trucks are faster, so overall productivity is expected to be higher and it allows operating costs to be maintained as we mine deeper.



The smaller decline is scheduled to come into operation in the next financial year.



corporatefile.com
What are the general ground conditions like at Big Bell underground?



CEO Ed Eshuys
The general ground conditions are stable. It is the view of the experts that the stresses caused at the retreat pillars and the lack of cone development to the bottom of the cave were the basis for the seismic activity and rock falls.



corporatefile.com
How will you alter your mining plan in order to increase safety?



CEO Ed Eshuys
The safety of our workforce is paramount. All the issues I mentioned earlier will help with safety including abandoning the footwall drives, restoring the inverted cone and by cone bolting all development and working areas.



We will also ensure a seven day exclusion zone after blasting. The Mines Department has reviewed our revised mining plan and given us written approval to proceed with that plan.



corporatefile.com
Will the seven day exclusion zone accelerate your desire to use remote controlled loaders?



CEO Ed Eshuys
This is a technology applied to existing loaders that allows blasted ore to be loaded by remote control methods. We intend to proceed with this during the June quarter and we estimate the equipment and training for remote control loading will cost half a million dollars. It is expected to take two to three months to be fully operational.



Remote controlled loaders are an important advance for safety and for lowering operating costs. The new loaders we purchased last year can be efficiently converted to tele- remote control.



The purpose of the remote controlled loaders, in the first instance, is to do bogging during the seven day exclusion zone, but we expect in time we may be able to reduce or even remove the exclusion zone altogether. It will depend on the experience that we gain from mining by the revised method.



corporatefile.com
What impact will all the above changes to mining method and capital development at the mid levels of Big Bell have on mining costs and capital costs for Big Bell overall?



CEO Ed Eshuys
We estimate the overall cash operating costs for the underground mine will move to approximately $21.00 per tonne of ore mined. Previously, mining costs were about $19.00 per tonne. Our mining people expect that they will be able to get back to $19.00 a tonne, but all our forecasts and targets are based on $21.00 per tonne of ore mined.



The ongoing capital development cost will actually be less as we`re removing the footwall drives, reducing the size of the decline opening and increasing the gradient of the decline.



corporatefile.com
How do you expect to get the operating costs back from $21.00 to $19.00 per tonne over time?



CEO Ed Eshuys
The faster trucks will enable us to transport the ore more quickly. Over time we foresee reducing the time period of the exclusion zone with anticipated cost savings.



corporatefile.com
When do you expect the mid levels to be back to full production and at what rate?



CEO Ed Eshuys
Subject to completing detailed planning, during the next financial year we anticipate operating at 1 million tonnes per annum, whereas previously, the mid levels operated at nearly 1.8 million tonnes per annum.



corporatefile.com
Last year you reactivated the upper levels of the mine. What rates do you expect to mine from the upper levels and when will you achieve that rate?



CEO Ed Eshuys
We`re currently mining the upper levels at around 600,000 tonnes per annum. We have procedures in place to mine the upper levels at a rate of 70,000 tonnes per month by April this year.



corporatefile.com
The third ore source for the Big Bell mill is the Cuddingwarra open pits. What amount will be mined from Cuddingwarra each year and for how long can you mine the open pits?



CEO Ed Eshuys
The Cuddingwarra open pits were originally scheduled to produce 1 million tonnes per annum. Subsequent to the seismic events, production increased to the current rate of 2 million tonnes per annum. We will, over the next six months, reduce that level as our underground production picks up.



On that basis, the Cuddingwarra reserves will last until early next year. However, from the knowledge that we are gaining from mining and the exploration work that we`ve been doing, we plan that we`ll be able to maintain a production level at Cuddingwarra of 1 million tonnes per annum for several years.



corporatefile.com
The Big Bell mill has a rated capacity of 3mt p.a. when processing hard ore but can do at least 3.5mt p.a. by blending hard and soft ore. What other potential ore sources are there to lift the mill above the 3mt p.a. you plan from the sources you`ve just mentioned?



CEO Ed Eshuys
There are several additional ore sources. One is the 4 million tonnes of tailings, which resulted from mining in the 1930`s. With the gravity circuit installed, the recoveries of those tailings have improved substantially.



We want to process those tailings for two reasons. One reason is to have the mill processing three and a half million tonnes per annum. Based on detailed testing and recent trials, this is forecast to generate an incremental cash surplus. The second reason is to remove the environmental liability that potentially exists. This offers the possibility to turn a potential liability into an asset.



The other sources of ore will come from potential open pit mining at a resource just 1.5km south of Big Bell (`1600N`). This resource also has underground development potential, as indicated from the successful drilling campaign. The grades we recently announced from there so far indicate potential, subject to a proper feasibility study, for an underground operation with a respectable operating cost, which can be accessed from the existing Big Bell underground mine infrastructure.



We have a large land position in the Big Bell area with a number of outstanding exploration targets that potentially provide for future long term operations.



corporatefile.com
Is it too early to say what that could mean in terms of mine life for the overall operation?



CEO Ed Eshuys
Big Bell in total has five years of reserves at current production levels. The resource at 1600N could add half a million tonnes of ore each year.



corporatefile.com
And that`s higher grade than the current operation?



CEO Ed Eshuys
Yes, there are some excellent intersections of 5 grams per tonne and we could well improve on the long term average grade for Big Bell of 3 to 3.5 grams per tonne.



corporatefile.com
Which means that potentially it could be medium term production rather than longer term?



CEO Ed Eshuys
Yes, it could be brought into production within 12 months, if all goes to plan.



Another potential ore source for the Big Bell mill is Golden Crown, which is on care and maintenance and can be reactivated at any time. Exploration late last year confirmed the continuity of the 13 gram per tonne ore body at depth and we`re conducting an in-house feasibility study at the moment to see how we can mine that profitably.



corporatefile.com
You also announced the summary findings of a joint study with Newcrest Mining Limited about the mineral resources at your Jubilee operation and Newcrest`s adjoining Hampton-Boulder Pit. For Jubilee only, the study identified 7.23 million tonnes at 2.0 g/t of gold for 460,000 ounces. How will you progress this project?



CEO Ed Eshuys
The respective New Hampton and Newcrest on-site management teams, along with consultants, are considering the scope of further joint activities in response to the positive outcome of the recently completed joint study.



corporatefile.com
How significant could this be for New Hampton?



CEO Ed Eshuys
The result of this study is significant in a number of aspects. One is that, we may, generate near term reserves. That`s why we`ve initiated a mining study on our side of the boundary. More importantly though, the combination of the Jubilee and Hampton- Boulder pits could potentially lead to a major operation.



corporatefile.com
Thank you Ed. We look forward to the next Open Briefing with New Hampton Goldfields.

[Dottore Lupo]

@Goldonly: das heutige Scenario mit NHG war ab Anfang Februar

klar zu erkennen.Brauchte eine Woche um meine Positionen

zu Räumen,immerhin 7 stellige,

Werde mir doch den Markt nicht mit dummen Sprüchen selbst ruinieren!!!1

Cu ein selten altruistischer DL

[Sovereign]

Tja Gentlemen, das war`s dann wohl für New Hampton.
Ein Gegenangebot kommt nicht rein, und Harmony erhöht das Angebot um einen lausigen Cent...
Ach ja: Ich bin nicht investiert, dieser "Übernahmekampf" erschien mir nicht "verbittert" genung ;-)

Harmony says raises offer for New Hampton
JOHANNESBURG, March 1 (Reuters) - South Africa`s Harmony Gold Co Ltd said on Thursday that it had raised its offer for Australia`s New Hampton Goldfields to A$0.275 per share from A$0.265 a share.
Harmony said in a statement that the New Hampton board had recommended that shareholders accept the revised offer.

"We are pleased that New Hampton has decided to recommend our revised offer and we look forward to receiving prompt acceptances now that the offer is unconditional," said Harmony Chief Executive Bernard Swanepoel.

Harmony said it had received the necessary approvals from the South African Reserve Bank, and the transaction would be financed through syndicated loan or from existing balance sheet sources. Earlier it had said it would not raise its offer, initially made in December.

(c) Reuters Limited 2001

REUTER NEWS SERVICE



--------------------------------------------------------------------------------

[GOLDONLY]

@Dottore

Also war meine Vermutung doch richtig, daß der ehemalige
Hauptaktionär der NHG sein schwächliches Goldfeld
`angedreht` hat und sich anschließend verabschiedet hat ?!

Was machen Sie jetzt mit dem schönen Geld.
Vermute mal Südafrika ?

GO

[GOLDONLY]

Bitter, bitter ...

NHG bei explodierendem Goldpreis schwächlich.
Man soll eben nicht alles glauben ...

GO

[Big-Apple]

New Hampton ist eigentlich keine börsengeliste AG mehr. Daher reagiert der Kurs auch nicht. Harmony hatte bereits am 3.Mai 94,78% der Aktien in Ihren Besitz genommen.