KINROSS GOLD (KGC) - 500 Beiträge pro Seite
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ISIN: CA4969024047 · WKN: A0DM94 · Symbol: KIN2
6,2080
EUR
-1,05 %
-0,0660 EUR
Letzter Kurs 09:47:49 Tradegate
Neuigkeiten
05.05.24 · wallstreetONLINE Redaktion |
02.05.24 · wallstreetONLINE Redaktion |
28.04.24 · wallstreetONLINE Redaktion |
25.04.24 · Gold-Silber-Rohstofftrends |
Abwärtsrisiken: Bricht der Goldpreis jetzt ein?Werte aus der Branche Rohstoffe
| Wertpapier | Kurs | Perf. % |
|---|---|---|
| 0,5500 | +17,02 | |
| 2,0500 | +13,89 | |
| 5,2000 | +9,70 | |
| 35,60 | +8,50 | |
| 1,1500 | +8,49 |
| Wertpapier | Kurs | Perf. % |
|---|---|---|
| 0,7340 | -12,62 | |
| 0,6000 | -18,37 | |
| 0,6601 | -26,22 | |
| 1,1600 | -46,79 | |
| 46,67 | -97,98 |
Feedback
A MUST READ FOR GOLD BUGS!!!!
Bush war has heart of gold
Central banks all over the world have supposedly conspired to maintain furiously high, Enron-type derivative short positions against gold to keep it in an artificial bear market for, oh, say, the last couple of decades.
Independent sources say the problem is the value of gold reserves in nearly all the world?s central banks is about even with the derivative shorts held by roughly the same banks, at $320 per ounce. So, theoretically, if a margin call were to come in today, central banks would have to pay out all gold in all their reserves worldwide.
According to a recent International Monetary Fund survey, commercial banks in 48 top nations reported holding risky derivative positions on 900 million troy ounces of gold. The actual worldwide gold production is just 50 million troy ounces. With each passing year, the real value of gold becomes increasingly more difficult to suppress artificially and so requires more funds in the derivative market. The game of keeping gold supply artificially high is alleged to serve central banks in keeping their inflated paper currencies artificially valuable, but the buck has to stop somewhere.
It doesn?t stop there. Insiders correctly point out there are only three economic means out of such a debacle: to print money, to default or to borrow. Traditionally, banks have chosen to sell debt and delay decisions in similar cases. But the debt market has dried up, along with the bank accounts of would-be investors.
For example, some say there is five times as much public and private debt in the United States as total dollars in the money supply, at $35 trillion and $7 trillion, respectively. Printing money to meet debts largely owed to the privately owned foreign banks that make up the U.S. Federal Reserve would be economic and political suicide, obviously, and so would be a default, but there is one long shot reportedly in the works: A highly collusive war that engineers a massive wealth transfer, much like Desert Storm but on a larger scale, might just save our economies.
Whoa, wait a minute. Aren?t we at war against terrorists? How did all this get started? The answer is that our world is a dynamic reality where multiple events flow together as streams to a giant river. Unbeknownst to our friends in the mass media, most of our world?s problems can?t be reduced to a single target or personality. Alas, complex issues don?t sell airtime.
Global currencies fluctuate against each other based on emotion and backed by psychology, not by assets as they once did. That is why the U.S. Federal Reserve puts psychology before economics every time. And so, the reasons the central banks would gain by keeping gold artificially low becomes more obvious from this perspective. As long as alternative investments to paper currencies are kept artificially unattractive, as in gold?s 22-year bear market, people will hold paper currency, keeping demand high and inflation at bay.
The clincher is this: The price of gold useful for industry is said to be valued at $350 by the market today, due to inflationary values that have not been figured into the price of gold for more than two decades. If that is true, and if central banks around the world are now losing their hedge against undervalued gold ? threatening their very existence ? then the price of gold will slingshot up and currencies all over the world will melt to 30-60 percent of their current values.
Could we really be at the beginning of a gold boom and concurrent currency meltdown? Can a controlled conflict save us from a certain collapse? Is the possibility of a controlled conflict in the Middle East even possible? And what sensational attack against which political personality will take place when the mass media resume their blame game? These and other questions are being answered by events playing out right now.
Bush war has heart of gold
Central banks all over the world have supposedly conspired to maintain furiously high, Enron-type derivative short positions against gold to keep it in an artificial bear market for, oh, say, the last couple of decades.
Independent sources say the problem is the value of gold reserves in nearly all the world?s central banks is about even with the derivative shorts held by roughly the same banks, at $320 per ounce. So, theoretically, if a margin call were to come in today, central banks would have to pay out all gold in all their reserves worldwide.
According to a recent International Monetary Fund survey, commercial banks in 48 top nations reported holding risky derivative positions on 900 million troy ounces of gold. The actual worldwide gold production is just 50 million troy ounces. With each passing year, the real value of gold becomes increasingly more difficult to suppress artificially and so requires more funds in the derivative market. The game of keeping gold supply artificially high is alleged to serve central banks in keeping their inflated paper currencies artificially valuable, but the buck has to stop somewhere.
It doesn?t stop there. Insiders correctly point out there are only three economic means out of such a debacle: to print money, to default or to borrow. Traditionally, banks have chosen to sell debt and delay decisions in similar cases. But the debt market has dried up, along with the bank accounts of would-be investors.
For example, some say there is five times as much public and private debt in the United States as total dollars in the money supply, at $35 trillion and $7 trillion, respectively. Printing money to meet debts largely owed to the privately owned foreign banks that make up the U.S. Federal Reserve would be economic and political suicide, obviously, and so would be a default, but there is one long shot reportedly in the works: A highly collusive war that engineers a massive wealth transfer, much like Desert Storm but on a larger scale, might just save our economies.
Whoa, wait a minute. Aren?t we at war against terrorists? How did all this get started? The answer is that our world is a dynamic reality where multiple events flow together as streams to a giant river. Unbeknownst to our friends in the mass media, most of our world?s problems can?t be reduced to a single target or personality. Alas, complex issues don?t sell airtime.
Global currencies fluctuate against each other based on emotion and backed by psychology, not by assets as they once did. That is why the U.S. Federal Reserve puts psychology before economics every time. And so, the reasons the central banks would gain by keeping gold artificially low becomes more obvious from this perspective. As long as alternative investments to paper currencies are kept artificially unattractive, as in gold?s 22-year bear market, people will hold paper currency, keeping demand high and inflation at bay.
The clincher is this: The price of gold useful for industry is said to be valued at $350 by the market today, due to inflationary values that have not been figured into the price of gold for more than two decades. If that is true, and if central banks around the world are now losing their hedge against undervalued gold ? threatening their very existence ? then the price of gold will slingshot up and currencies all over the world will melt to 30-60 percent of their current values.
Could we really be at the beginning of a gold boom and concurrent currency meltdown? Can a controlled conflict save us from a certain collapse? Is the possibility of a controlled conflict in the Middle East even possible? And what sensational attack against which political personality will take place when the mass media resume their blame game? These and other questions are being answered by events playing out right now.
Laßt es sie selbst herausfinden. Wenn du liest die Messageboards von Techaktien, Menschen sind noch so naiv und
bullish auf Tech,es ist unglaublich!
Das ist bullish für gold. So sei es!
peter.wedemeier1
bullish auf Tech,es ist unglaublich!
Das ist bullish für gold. So sei es!
peter.wedemeier1
Gold bull run!
Go KGC!
Ich mag speziell KGC`s minimale Hedging Position, weil ich will den vollen Effekt von höheren Goldpreisen.
Hier könnt Ihr eine sehr gute Arbeit lesen warum der Goldpreis steigen wird: (auf der Webseite rechts oben!)
http://gold-stocks.com/goldstockframeset.htm
Go KGC!
Ich mag speziell KGC`s minimale Hedging Position, weil ich will den vollen Effekt von höheren Goldpreisen.
Hier könnt Ihr eine sehr gute Arbeit lesen warum der Goldpreis steigen wird: (auf der Webseite rechts oben!)
http://gold-stocks.com/goldstockframeset.htm
Noch nachzutragen für den 02.07.2002...
Kinross and Placer Dome complete Porcupine Joint Venture
/FROM CANADA NEWSWIRE TORONTO 416-863-9350/
TO BUSINESS EDITOR:
Kinross and Placer Dome complete Porcupine Joint Venture
TORONTO/VANCOUVER, July 2 /PRNewswire-FirstCall/ - Kinross Gold
Corporation (TSE-K; Amex- KGC) and Placer Dome Inc. (TSE-PDG; NYSE-PDG),
through its wholly owned subsidiary, Placer Dome (CLA) Limited, are pleased to
announce the finalization of the Porcupine Joint Venture announced on April
11, 2002. Effective July 1, 2002 our respective mining operations in the
Porcupine camp in Timmins, Ontario began operating as the Porcupine Joint
Venture.
Placer owns a 51% interest and is operator, while Kinross has a 49%
interest in the joint venture, which now incorporates the Dome mine and mill,
the Hoyle Pond, Pamour and Nighthawk Lake mines as well as the Bell Creek
mill.
According to Placer Dome President and CEO Jay Taylor: "It is a testament
to the depth of expertise of our two companies that we can make such a smooth
operating transition at a time when each partner is involved in other
transactions. We look forward to moving immediately to capture the significant
synergies we see available to the joint venture."
Bob Buchan, Chairman and CEO of Kinross, stated: "The formation of this
joint venture represents the beginning of an important new chapter in the 92
year history of the Porcupine gold camp, the largest historic gold producing
district in North America. It establishes a new foundation with a vision of
significant gold production for many years to come."
Cautionary Statements
This press release includes certain "Forward-Looking Statements" within
the meaning of section 21E of the United States Securities Exchange Act of
1934, as amended. All statements, other than statements of historical fact,
included herein, including without limitation, statements regarding potential
mineralization and reserves, exploration results and future plans and
objectives of Kinross Gold Corporation ("Kinross"), are forward-looking
statements that involve various risks and uncertainties. There can be no
assurance that such statements will prove to be accurate and actual results
and future events could differ materially from those anticipated in such
statements. Important factors that could cause actual results to differ
materially from Kinross` expectations are disclosed under the heading "Risk
Factors" and elsewhere in Kinross` documents filed from time to time with the
Toronto Stock Exchange, the United States Securities and Exchange Commission
and other regulatory authorities.
Some of the statements contained in this news release are forward-looking
statements, such as estimates and statements that describe Placer Dome`s
future plans, objectives or goals, including words to the effect that Placer
Dome or management expects a stated condition or result to occur. Since
forward-looking statements address future events and conditions, by their very
nature they involve inherent risks and uncertainties. Actual results relating
to among other things, reserves, resources, results of exploration, capital
costs and mine production costs could differ materially from those currently
anticipated in such statements by reason of factors such as the productivity
of Placer Dome`s mining properties, changes in general economic conditions and
conditions in the financial markets, changes in demand and prices for the
minerals Placer Dome produces, litigation, legislative, environmental and
other judicial, regulatory, political and competitive developments in domestic
and foreign areas in which Placer Dome operates, technological and operational
difficulties encountered in connection with Placer Dome`s mining activities,
and labour relations matters and costs. "Placer Dome" is used in this news
release to collectively mean Placer Dome Inc., its subsidiary companies and
its proportionate share of joint ventures. "Placer Dome Group" or "Group"
means collectively Placer Dome Inc., its subsidiary companies, its
proportionate share of joint ventures and also companies for which it equity
accounts. "Placer Dome Group`s share" or the "Group`s share" is defined to
exclude minority shareholders` interest. The "Corporation" refers to Placer
Dome Inc.
SOURCE Kinross Gold Corporation; Placer Dome Inc.
/CONTACT: Kinross Gold Corporation: e-mail info@kinross.com orcontact: Robert M.
Buchan, Chairman and Chief Executive Officer,Tel. (416) 365-5650; Gordon A.
McCreary, Vice President, Investor Relationsand Corporate Development, Tel.
(416) 365-5132; Placer Dome Inc.: Onthe Internet: www.placerdome.com or contact:
Brenda Radies,Tel. (604) 661-1911/
Jul-02-2002 13:00 GMT
Symbols:
CA;K US;KGC US;KRGW US;PDG CA;PDG AU;PDG FR;PDC DE;PLD
Source PRN PR Newswire
Categories:
NWR/ON NWR/BC NWI/MNG NWS/JVN MST/R/CA MST/I/MNG MST/S/JVN
Kinross and Placer Dome complete Porcupine Joint Venture
/FROM CANADA NEWSWIRE TORONTO 416-863-9350/
TO BUSINESS EDITOR:
Kinross and Placer Dome complete Porcupine Joint Venture
TORONTO/VANCOUVER, July 2 /PRNewswire-FirstCall/ - Kinross Gold
Corporation (TSE-K; Amex- KGC) and Placer Dome Inc. (TSE-PDG; NYSE-PDG),
through its wholly owned subsidiary, Placer Dome (CLA) Limited, are pleased to
announce the finalization of the Porcupine Joint Venture announced on April
11, 2002. Effective July 1, 2002 our respective mining operations in the
Porcupine camp in Timmins, Ontario began operating as the Porcupine Joint
Venture.
Placer owns a 51% interest and is operator, while Kinross has a 49%
interest in the joint venture, which now incorporates the Dome mine and mill,
the Hoyle Pond, Pamour and Nighthawk Lake mines as well as the Bell Creek
mill.
According to Placer Dome President and CEO Jay Taylor: "It is a testament
to the depth of expertise of our two companies that we can make such a smooth
operating transition at a time when each partner is involved in other
transactions. We look forward to moving immediately to capture the significant
synergies we see available to the joint venture."
Bob Buchan, Chairman and CEO of Kinross, stated: "The formation of this
joint venture represents the beginning of an important new chapter in the 92
year history of the Porcupine gold camp, the largest historic gold producing
district in North America. It establishes a new foundation with a vision of
significant gold production for many years to come."
Cautionary Statements
This press release includes certain "Forward-Looking Statements" within
the meaning of section 21E of the United States Securities Exchange Act of
1934, as amended. All statements, other than statements of historical fact,
included herein, including without limitation, statements regarding potential
mineralization and reserves, exploration results and future plans and
objectives of Kinross Gold Corporation ("Kinross"), are forward-looking
statements that involve various risks and uncertainties. There can be no
assurance that such statements will prove to be accurate and actual results
and future events could differ materially from those anticipated in such
statements. Important factors that could cause actual results to differ
materially from Kinross` expectations are disclosed under the heading "Risk
Factors" and elsewhere in Kinross` documents filed from time to time with the
Toronto Stock Exchange, the United States Securities and Exchange Commission
and other regulatory authorities.
Some of the statements contained in this news release are forward-looking
statements, such as estimates and statements that describe Placer Dome`s
future plans, objectives or goals, including words to the effect that Placer
Dome or management expects a stated condition or result to occur. Since
forward-looking statements address future events and conditions, by their very
nature they involve inherent risks and uncertainties. Actual results relating
to among other things, reserves, resources, results of exploration, capital
costs and mine production costs could differ materially from those currently
anticipated in such statements by reason of factors such as the productivity
of Placer Dome`s mining properties, changes in general economic conditions and
conditions in the financial markets, changes in demand and prices for the
minerals Placer Dome produces, litigation, legislative, environmental and
other judicial, regulatory, political and competitive developments in domestic
and foreign areas in which Placer Dome operates, technological and operational
difficulties encountered in connection with Placer Dome`s mining activities,
and labour relations matters and costs. "Placer Dome" is used in this news
release to collectively mean Placer Dome Inc., its subsidiary companies and
its proportionate share of joint ventures. "Placer Dome Group" or "Group"
means collectively Placer Dome Inc., its subsidiary companies, its
proportionate share of joint ventures and also companies for which it equity
accounts. "Placer Dome Group`s share" or the "Group`s share" is defined to
exclude minority shareholders` interest. The "Corporation" refers to Placer
Dome Inc.
SOURCE Kinross Gold Corporation; Placer Dome Inc.
/CONTACT: Kinross Gold Corporation: e-mail info@kinross.com orcontact: Robert M.
Buchan, Chairman and Chief Executive Officer,Tel. (416) 365-5650; Gordon A.
McCreary, Vice President, Investor Relationsand Corporate Development, Tel.
(416) 365-5132; Placer Dome Inc.: Onthe Internet: www.placerdome.com or contact:
Brenda Radies,Tel. (604) 661-1911/
Jul-02-2002 13:00 GMT
Symbols:
CA;K US;KGC US;KRGW US;PDG CA;PDG AU;PDG FR;PDC DE;PLD
Source PRN PR Newswire
Categories:
NWR/ON NWR/BC NWI/MNG NWS/JVN MST/R/CA MST/I/MNG MST/S/JVN
Ich glaube KGC ist überfällig für eine große Rallye, gerechtfertigt vom Chart (Bollinger Bänder!)
peter.wedemeier1
peter.wedemeier1
Trading Spotlight
So schmerzvoll die letzte Woche für einige gewesen ist, ich sehe keine Änderung bei den Problemen (US-Staatsschulden, US-Handelsdefizit, $-Inflation (Greenspan druckt Dollars wie ein Verrückter!),Gold-Lieferung/Bedarf),die die Leute in die Precious Metals geführt haben und sie als einen sicheren Platz für Ihr Geld ansehen. Und speziell KGC im besonderen.
peter.wedemeier1
peter.wedemeier1
Solange die aktuelle Rally am Aktienmarkt anhält, sollte man
auf einen Neueinstieg in Silber- und Goldaktien verzichten.
auf einen Neueinstieg in Silber- und Goldaktien verzichten.
Die Aktion der letzten Woche ist sehr bullish für das Gold. Alle schwachen Hände und Warmduscher sind nun abgeschüttelt worden und ein paar Minen werden wohl einige Ihrer Hedges dabei geschlossen haben. Nun können wir ein schönes Rennen auf das $330er Niveau sehen.
peter.wedemeier1
peter.wedemeier1
Kinross Gold ist auf diesem Niveau ein Kauf! Gold wird bald explodieren. Der breakout point ist aktuell $306,50. Also nicht mehr so weit entfernt. ~ nur noch $1! Dann geht`s los!!!
peter.wedemeier1
peter.wedemeier1
Das December Gold muß heute schnell über seinen Widerstand bei $307,50 steigen. Go Gold Go!!! Dann geht`s los.!!!
peter.wedemeier1
peter.wedemeier1
Gold and the Dollar
A Comparison of Gold Stock Valuations
Ein sehr interessanter Vergleich zwischen Harmony Gold Mining und Goldcorp. Es wird auch noch kurz auf Kinross Gold eingegangen.
http://www.321gold.com/editorials/saville/saville081002.html
A Comparison of Gold Stock Valuations
Ein sehr interessanter Vergleich zwischen Harmony Gold Mining und Goldcorp. Es wird auch noch kurz auf Kinross Gold eingegangen.
http://www.321gold.com/editorials/saville/saville081002.html
(Quelle: Kitco)
I started accumulating gold stocks earlier this week. The bottoming process is being
COMPLETED. I`m a very heavy buyer on all large dips
in GFI, HGMCY, KGC...etc. We are going up
as all the weak hands are now flushed out. Although
I`m very confident I`m still being careful of margin
positions. Let the games begin because I have
plenty of positions now with the buying I did this week.
This was one hell of a correction. Time to move up
with seasonals moving out of our way going into fall.
Our big correction came early and the shares should start
moving up early going into fall. Thats the way I see it.
Good luck out there. Don`t wait to buy when prices are
alot higher. JIMVHO
Looks like HGMCY, GFI will cross $20 on this next run.
Can`t wait !!! IMHO
I agree
Looks like the bottoming is very close to being over according to my charts too. Should be pretty much up moves for the next month or three, starting early next week. :-)
I started accumulating gold stocks earlier this week. The bottoming process is being
COMPLETED. I`m a very heavy buyer on all large dips
in GFI, HGMCY, KGC...etc. We are going up
as all the weak hands are now flushed out. Although
I`m very confident I`m still being careful of margin
positions. Let the games begin because I have
plenty of positions now with the buying I did this week.
This was one hell of a correction. Time to move up
with seasonals moving out of our way going into fall.
Our big correction came early and the shares should start
moving up early going into fall. Thats the way I see it.
Good luck out there. Don`t wait to buy when prices are
alot higher. JIMVHO
Looks like HGMCY, GFI will cross $20 on this next run.
Can`t wait !!! IMHO
I agree
Looks like the bottoming is very close to being over according to my charts too. Should be pretty much up moves for the next month or three, starting early next week. :-)
Date : August 16, 2002
Evidence That Major Culture Shock Is Already Underway At World Gold Council.
http://www.minesite.com/archives/features_archive/2002/Aug-2…
Evidence That Major Culture Shock Is Already Underway At World Gold Council.
http://www.minesite.com/archives/features_archive/2002/Aug-2…
Reuters Company News
Newmont gets approval for piece of Kinross
WASHINGTON, Aug 19 (Reuters) - U.S. anti-trust authorities have approved Newmont Mining Corp.`s (NYSE:NEM - News) 14 percent stake in a new Canadian gold company, formed by a surprise merger in June.
An Aug. 12 document from the anti-trust authorities showed there were no anti-trust objections to Denver-based Newmont, one of the world`s biggest gold mining companies, taking a 14 percent interest in the new Kinross Gold Corp (Toronto:K.TO - News).
Newmont agreed in June to exchange its 45.3 percent stake in Echo Bay Mines Ltd. (Toronto:ECO.TO) for an interest in the new Kinross, formed by the merger of mid-tier gold miners Echo Bay, TVX Gold Inc. (Toronto:TVX.TO) and Kinross.
Shares of Newmont were down $1.75, or 6.5 percent, at $25.03 in late-afternoon trade in New York.
($1=$1.57 Canadian)
Newmont gets approval for piece of Kinross
WASHINGTON, Aug 19 (Reuters) - U.S. anti-trust authorities have approved Newmont Mining Corp.`s (NYSE:NEM - News) 14 percent stake in a new Canadian gold company, formed by a surprise merger in June.
An Aug. 12 document from the anti-trust authorities showed there were no anti-trust objections to Denver-based Newmont, one of the world`s biggest gold mining companies, taking a 14 percent interest in the new Kinross Gold Corp (Toronto:K.TO - News).
Newmont agreed in June to exchange its 45.3 percent stake in Echo Bay Mines Ltd. (Toronto:ECO.TO) for an interest in the new Kinross, formed by the merger of mid-tier gold miners Echo Bay, TVX Gold Inc. (Toronto:TVX.TO) and Kinross.
Shares of Newmont were down $1.75, or 6.5 percent, at $25.03 in late-afternoon trade in New York.
($1=$1.57 Canadian)
KGC = Strong Buy!!!
August 2002
GOLD PULLS BACK TO LONG-TERM SUPPORT. BULL MARKET INTACT.
IF NOT ALREADY ON BOARD, BUY NOW!
Gold has pulled back to long-term support at the $296 to $300 level, and if you haven`t already repurchased my favorite mining shares, don`t wait any longer! I believe both the mining shares and gold bullion are great buys right now.
The next upward phase in the emerging bull market for gold should begin soon, driving the price skyward, and along with it, my favorite mining shares. My target price for the next leg up is $375, but it could go even higher.
Here`s why ...
* Demand for gold is set to explode again. Although it`s already at record highs in many regions of the world, notably Japan, I expect to see demand rise further due to the long-term decline of stock prices around the world and the declining confidence in paper assets. This will magnify the ...
* Ongoing severe shortage of physical gold. Many mining firms and hedge funds, still short of physical gold, continue to have difficulty finding enough bullion to deliver against their short positions. This could lead to a short-covering panic
, helping to drive gold prices higher.
* Higher oil prices. While all eyes are glued on the stock market meltdown and sudden rallies, don`t ignore the skyrocketing price of oil. Oil is up nearly 28% since
the first of the year!
"Embrace the New Bull" well maybe, but be careful not to get gored.
August 2002
GOLD PULLS BACK TO LONG-TERM SUPPORT. BULL MARKET INTACT.
IF NOT ALREADY ON BOARD, BUY NOW!
Gold has pulled back to long-term support at the $296 to $300 level, and if you haven`t already repurchased my favorite mining shares, don`t wait any longer! I believe both the mining shares and gold bullion are great buys right now.
The next upward phase in the emerging bull market for gold should begin soon, driving the price skyward, and along with it, my favorite mining shares. My target price for the next leg up is $375, but it could go even higher.
Here`s why ...
* Demand for gold is set to explode again. Although it`s already at record highs in many regions of the world, notably Japan, I expect to see demand rise further due to the long-term decline of stock prices around the world and the declining confidence in paper assets. This will magnify the ...
* Ongoing severe shortage of physical gold. Many mining firms and hedge funds, still short of physical gold, continue to have difficulty finding enough bullion to deliver against their short positions. This could lead to a short-covering panic
, helping to drive gold prices higher.* Higher oil prices. While all eyes are glued on the stock market meltdown and sudden rallies, don`t ignore the skyrocketing price of oil. Oil is up nearly 28% since
the first of the year!
"Embrace the New Bull" well maybe, but be careful not to get gored.
HUI schnappt zurück, 118 und 124 sind die pivot points.
Ein Schluß über 124 und wir werden voraus rennen von irgendeiner Bewegung bei dem Gold Spot Preis!
Die gesunde Korrektur Bewegung in dem aktuellen jungen bull market (gerade mal 1 Jahr alt) nach unten ist zum größten vorüber.
S&P 500 969 (+- 3 Punkte) sollte das Top von dieser bear market Rallye sein. Vor allem aus dem Grund, das die Aktien vom Dow Jones und dem Nasdaq immer noch sehr stark überbewertet sind. Jetzt geht es mit den Aktien des Dow Jones und dem Nasdaq wieder die steile Klippe nach unten. ---> "El Cliffo!!!"
KGC ist eine von meinen Minen Favoriten.
60%+ von Ihrer Produktion befindet sich in Nordamerika.
Sehr starkes Management, Cash Position, und solides
operatives Geschäft.
Fantastische Strategie und NEM kaufte 14% im Juni.
peter.wedemeier1
Ein Schluß über 124 und wir werden voraus rennen von irgendeiner Bewegung bei dem Gold Spot Preis!
Die gesunde Korrektur Bewegung in dem aktuellen jungen bull market (gerade mal 1 Jahr alt) nach unten ist zum größten vorüber.
S&P 500 969 (+- 3 Punkte) sollte das Top von dieser bear market Rallye sein. Vor allem aus dem Grund, das die Aktien vom Dow Jones und dem Nasdaq immer noch sehr stark überbewertet sind. Jetzt geht es mit den Aktien des Dow Jones und dem Nasdaq wieder die steile Klippe nach unten. ---> "El Cliffo!!!"
KGC ist eine von meinen Minen Favoriten.
60%+ von Ihrer Produktion befindet sich in Nordamerika.
Sehr starkes Management, Cash Position, und solides
operatives Geschäft.
Fantastische Strategie und NEM kaufte 14% im Juni.
peter.wedemeier1
Der Tageschart sieht schön bullish aus!
Fügt diese Goldmine wieder in euer Depot zurück. HUI könnte noch etwas weiter fallen, aber langfristig ist bei Kinross Gold der Himmel die Grenze. Setzt keinen Stopp-Loss!!!
peter.wedemeier1
peter.wedemeier1
Auf diesem Niveau ein sehr guter Kaufkurs!
Gruß Peter
COMMENTS FROM JIM SINCLAIR:
This is going to be the toughest call of this entire $300 - $330 sideways movement. The reason why is because, as we enter the $320 - $325 range, there is a knee-jerk reaction in the gold market. The gold market is so used to the arrival of JPM, Lehman, Goldman and Merrill as sellers pounding the market, that gold shares now almost automatically decelerate, as a knee-jerk reaction to gold being at the the $320 -$325 price. At this price, the gold shares` appreciation decelerates and actually stops dead in their tracks.
What the market has failed to realize is that these gold dealers, due to their own liquidity situations, are now no longer the big position takers in gold as they were before. All they have been doing lately is exercising clients` orders. The sellers of gold that have come into gold market at the $320 - $325 area have not been the gold cartel. They have been the local floor traders and speculator computer traders. Again, not the cartel. This is why we have had higher lows as we chop sideways.
I firmly believe the chances of taking out the $330 level to the upside before Christmas is real because the significant enemy of the gold price, the gold cartel, is out of business. They have had their trading capital called back to the parent holding company because of the effects of the credit downgrade on the parent holding companies. When the market wakes up that the enemy is no longer there, no event will be required to take gold above $330. It will simply go there.
Here is how we will determine if gold is going to break out above $330:
Have you wondered how I was able to determine the heads up and buy/sell points in this rally? Well, thanks to RGLD/GG and the use of proprietary measures in the duration period of the chart, the slow stochastic and Williams %R, I have when these leading (action-wise) gold shares entered an oversold condition, began to look for the buy and overbought for the sell. Now as gold approaches $330, if the gold shares (which historically know more about gold than gold does) are not into the overbought condition that have been so accurate, we will assume $330 is going to breach and NOT SELL our 1/3.
This means we are remaining disciplined, but being superbly focused. I will, as we near this situation, be doing daily technical reviews. I consider the market at this time more critically positive than ever before in this 11-month rally. The magnificently symmetric, three-year golden tea cup formation* would break to the upside out of the handle at a close above $330. This type of a formation, over this amount of time, is extremely rare and super bullish. I have in my 43 years never seen a technical formation of this kind for this long a duration with this type of symmetry. It is rare and important. This type of a formation will launch only one thing, a huge Bull market, if resolved to the upside. The probability of failure after gold breaks to the upside above $330 from this type of a formation is less than 10%. Those odds are outrageously good for the long.
We know the bull market in gold started 11 months ago, but history will record the breakout above the handle on the golden tea cup as "The Birth of the Gold Bull Market." This will occur because the amount of appreciation above the handle will be orders of magnitude compared to the 11-month appreciation we have already witnessed. Be assured that I am focused and will be keeping the Gold community as closely focused.
This is going to be the toughest call of this entire $300 - $330 sideways movement. The reason why is because, as we enter the $320 - $325 range, there is a knee-jerk reaction in the gold market. The gold market is so used to the arrival of JPM, Lehman, Goldman and Merrill as sellers pounding the market, that gold shares now almost automatically decelerate, as a knee-jerk reaction to gold being at the the $320 -$325 price. At this price, the gold shares` appreciation decelerates and actually stops dead in their tracks.
What the market has failed to realize is that these gold dealers, due to their own liquidity situations, are now no longer the big position takers in gold as they were before. All they have been doing lately is exercising clients` orders. The sellers of gold that have come into gold market at the $320 - $325 area have not been the gold cartel. They have been the local floor traders and speculator computer traders. Again, not the cartel. This is why we have had higher lows as we chop sideways.
I firmly believe the chances of taking out the $330 level to the upside before Christmas is real because the significant enemy of the gold price, the gold cartel, is out of business. They have had their trading capital called back to the parent holding company because of the effects of the credit downgrade on the parent holding companies. When the market wakes up that the enemy is no longer there, no event will be required to take gold above $330. It will simply go there.
Here is how we will determine if gold is going to break out above $330:
Have you wondered how I was able to determine the heads up and buy/sell points in this rally? Well, thanks to RGLD/GG and the use of proprietary measures in the duration period of the chart, the slow stochastic and Williams %R, I have when these leading (action-wise) gold shares entered an oversold condition, began to look for the buy and overbought for the sell. Now as gold approaches $330, if the gold shares (which historically know more about gold than gold does) are not into the overbought condition that have been so accurate, we will assume $330 is going to breach and NOT SELL our 1/3.
This means we are remaining disciplined, but being superbly focused. I will, as we near this situation, be doing daily technical reviews. I consider the market at this time more critically positive than ever before in this 11-month rally. The magnificently symmetric, three-year golden tea cup formation* would break to the upside out of the handle at a close above $330. This type of a formation, over this amount of time, is extremely rare and super bullish. I have in my 43 years never seen a technical formation of this kind for this long a duration with this type of symmetry. It is rare and important. This type of a formation will launch only one thing, a huge Bull market, if resolved to the upside. The probability of failure after gold breaks to the upside above $330 from this type of a formation is less than 10%. Those odds are outrageously good for the long.
We know the bull market in gold started 11 months ago, but history will record the breakout above the handle on the golden tea cup as "The Birth of the Gold Bull Market." This will occur because the amount of appreciation above the handle will be orders of magnitude compared to the 11-month appreciation we have already witnessed. Be assured that I am focused and will be keeping the Gold community as closely focused.
A package of cheapies that you can buy and put away for the third phase of the gold bull market -- BGO, CBJ, DROOY, ECO, GSS, KGC, SLGLF, CDE.
China and Gold
Richard Russell
Snippet
Dow Theory Letters
4 December, 2002
http://www.321gold.com/editorials/russell/russell120402.html
China and Gold
Richard Russell
Snippet
Dow Theory Letters
4 December, 2002
http://www.321gold.com/editorials/russell/russell120402.html
hallo peterchen mit den vielen Beiträgen
hoffe, Du kommst mit den englischsprachigen Beträgen gut zurecht,
nach der Klickrate der User scheint es eher problematisch..
Beobachte Dich schon eine ganze Zeit
und frage mich was soll das ???????????
Fremdbeiträge und andere Meinungen sind bei Dir ja wohl nicht erwünscht..............
Profilierungssüchtig und einseitig mit Scheuklappen ausgerüstet ??????????????????????????
hoffe, Du kommst mit den englischsprachigen Beträgen gut zurecht,
nach der Klickrate der User scheint es eher problematisch..
Beobachte Dich schon eine ganze Zeit
und frage mich was soll das ???????????
Fremdbeiträge und andere Meinungen sind bei Dir ja wohl nicht erwünscht..............
Profilierungssüchtig und einseitig mit Scheuklappen ausgerüstet ??????????????????????????
wie hoch steht unser Goldwert im Jahr des möglichen
Irak-Krieges? Sind 4 Euro machbar?
Gruß Jürgen
Irak-Krieges? Sind 4 Euro machbar?
Gruß Jürgen
Kinross owned this...
2001 Overview (Ownership: 100%)
Gold Production
2001 411,221 ounces
2000 362,959 ounces Average gold grade:
2001 1.05 grams per tonne
2000 0.94 grams per tonne
Total ore milled:
2001 14,209,100 tonnes
2000 13,603,200 tonnes Total cash costs:
2001 $207 per ounce
2000 $203 per ounce
MANAGER - Rick Dye
Drilling Results
Click here for the August 1, 2002 drilling results (PDF Format).
Outlook
In 2002 the Fort Knox operation will focus on the following: the continued optimization of mining and ore haulage at True North; an increase in mill throughput by rejecting low-grade pebbles from the mill; and construction of a mill tailings thickener to increase recovery and reduce reagent costs. In addition, amendments to the True North mining permits are expected to be completed during the third quarter, thus allowing mining to progress into the Central and Sheppard areas of the deposit.
A total of 34.1 million tonnes of material is scheduled for removal from the Fort Knox open pit mine in 2002, and approximately 14.9 million tonnes of material from the True North open pit mine.
Mill throughput in 2002 is expected to increase to 14.8 million tonnes as a result of the mill pebble reject initiative, with 11.6 million tonnes coming from Fort Knox and 3.2 million tonnes from True North. Combined gold recovery is forecast at 85%. As a result, the operation is expected to produce approximately 440,000 ounces of gold in 2002. The average mill grade for 2002 is estimated to be 1.09 grams of gold per tonne, with Fort Knox ore averaging 0.84 grams of gold per tonne and True North ore averaging 1.99 grams per tonne.
The 2002 total cash costs are forecast at approximately $210 per ounce, higher than in 2001 because of a lower grade mining cycle at Fort Knox. The increase will be offset in part by higher mill throughput and the improvements in gold recovery and reagent costs that will result from the construction of the mill tailings thickener. The thickener will recycle mill solution, providing warmer water to increase leach kinetics and improve recovery. In addition, some residual reagents will be recycled resulting in lower cyanide detoxification and water recycle costs. Further economic improvements will continue to be pursued through the Continuous Improvement Program.
Capital spending is estimated at $16.0 million for 2002, and includes approximately $4.8 million for construction of the mill tailings thickener, $3.9 million for continued exploration and permitting at True North and Gil, $2.8 million for tailings impoundment expansion, $1.8 million for continued dewatering at Fort Knox, and $1.3 million for mine equipment additions.
Tourism Initiative
Alaska’s rich gold mining history has long been a major attraction. In the Fairbanks area, one local attraction depicting historical gold mining methods reports over 55,000 visitors each summer season. The other, larger, gold mining attraction reports a record attendance of 120,000 one summer. However, there has been nothing available that demonstrates what modern gold mining is like and its significant contribution to the Alaskan economy.
As the largest operating gold mine in Alaska, Fort Knox has a unique opportunity to showcase the results of today’s gold mining. Consequently, after due consideration, Fort Knox is expanding and developing its mine tour program. The initiative is seen as a communications tool, helping the public to learn about today’s mining operations and reclamation processes. It will enhance the outreach programs already in place with local schools and youth organizations. Moreover, by charging for the improved tours, it provides an opportunity to generate revenue to pay for the program’s expenses.
© 2002 Kinross Gold Corporation
2001 Overview (Ownership: 100%)
Gold Production
2001 411,221 ounces
2000 362,959 ounces Average gold grade:
2001 1.05 grams per tonne
2000 0.94 grams per tonne
Total ore milled:
2001 14,209,100 tonnes
2000 13,603,200 tonnes Total cash costs:
2001 $207 per ounce
2000 $203 per ounce
MANAGER - Rick Dye
Drilling Results
Click here for the August 1, 2002 drilling results (PDF Format).
Outlook
In 2002 the Fort Knox operation will focus on the following: the continued optimization of mining and ore haulage at True North; an increase in mill throughput by rejecting low-grade pebbles from the mill; and construction of a mill tailings thickener to increase recovery and reduce reagent costs. In addition, amendments to the True North mining permits are expected to be completed during the third quarter, thus allowing mining to progress into the Central and Sheppard areas of the deposit.
A total of 34.1 million tonnes of material is scheduled for removal from the Fort Knox open pit mine in 2002, and approximately 14.9 million tonnes of material from the True North open pit mine.
Mill throughput in 2002 is expected to increase to 14.8 million tonnes as a result of the mill pebble reject initiative, with 11.6 million tonnes coming from Fort Knox and 3.2 million tonnes from True North. Combined gold recovery is forecast at 85%. As a result, the operation is expected to produce approximately 440,000 ounces of gold in 2002. The average mill grade for 2002 is estimated to be 1.09 grams of gold per tonne, with Fort Knox ore averaging 0.84 grams of gold per tonne and True North ore averaging 1.99 grams per tonne.
The 2002 total cash costs are forecast at approximately $210 per ounce, higher than in 2001 because of a lower grade mining cycle at Fort Knox. The increase will be offset in part by higher mill throughput and the improvements in gold recovery and reagent costs that will result from the construction of the mill tailings thickener. The thickener will recycle mill solution, providing warmer water to increase leach kinetics and improve recovery. In addition, some residual reagents will be recycled resulting in lower cyanide detoxification and water recycle costs. Further economic improvements will continue to be pursued through the Continuous Improvement Program.
Capital spending is estimated at $16.0 million for 2002, and includes approximately $4.8 million for construction of the mill tailings thickener, $3.9 million for continued exploration and permitting at True North and Gil, $2.8 million for tailings impoundment expansion, $1.8 million for continued dewatering at Fort Knox, and $1.3 million for mine equipment additions.
Tourism Initiative
Alaska’s rich gold mining history has long been a major attraction. In the Fairbanks area, one local attraction depicting historical gold mining methods reports over 55,000 visitors each summer season. The other, larger, gold mining attraction reports a record attendance of 120,000 one summer. However, there has been nothing available that demonstrates what modern gold mining is like and its significant contribution to the Alaskan economy.
As the largest operating gold mine in Alaska, Fort Knox has a unique opportunity to showcase the results of today’s gold mining. Consequently, after due consideration, Fort Knox is expanding and developing its mine tour program. The initiative is seen as a communications tool, helping the public to learn about today’s mining operations and reclamation processes. It will enhance the outreach programs already in place with local schools and youth organizations. Moreover, by charging for the improved tours, it provides an opportunity to generate revenue to pay for the program’s expenses.
© 2002 Kinross Gold Corporation
On 2-3-03, KGC will start trading on NYSE; it will be world`s 7th largest gold producer with 65% of its production in N. America, highest among any major, senior producers. Its cost will be below $200/oz. It will produce 2 million oz of gold a year. It will have 314 million shares outstanding.
Good enough for me. At $300/oz gold, it will have a cash flow of $200 million/yr; 65 cents a share, 11 times to be price $7.14/share on Monday.
1) KGC has the highest leverage to the price of gold of any North American producer. Each $ 25 increase in the price of gold will increase KGC cash flow by 30%. 2) If the price of gold averages $ 350 for the first 6 months of 2003, Kinross could pay off all their debt.
Heads Up
When Gold Closes Above $371.50
$400 Will Promptly Be Taken Out On The Upside
First Two Weeks of February Have Super Bullish Potential Implications
Well, you have done it. I hear from my broker friends and off the trading floor that many millions of gold share certificates have been ordered for delivery. It appears as if some of the big investors have had it with the disinformation that has been a tool of the bearish interest. Disinformation because it has been the short sellers and ratio spreaders who have caused the gold shares to under perform. Then the same traders called attention to that manufactured under-performance as proof that gold has had it at $372 due to technical non-confirmation by the gold shares of the gold move. Did you notice all the gold share downgrades done recently on gold shares by the major investment banks that are the owners of cartel by common interest gold banks. Lets see if the under-performance of gold shares case holds over the next few days. I doubt it. It looks to me as if gold and gold shares and silver changed their personality today. I hear there are some very uncomfortable shorts out there. Guess what their only defense is now since they have shorted well over the average daily trading volume of the listed gold shares. They are also shorted gold and silver juniors which I think is total lunacy. Their only defense is to buy gold to offset the short in the shares. When gold closes over $371.50, the shorts in gold shares will be screaming into gold for protection and if they can will be screaming out of their short of gold share and silver share positions.
Gold is headed over $400 now, IMO. I believe that I know exactly where it is going and will post the community individually on my web site registration for emails after thoroughly combing the list for ringers. I will not post the price on my web site. Each member that gets the post should inform those people they know but not post it on the web. I told you I am good but not that good. We are being watched by the opposition and the 1/3 sell point now after we held tight at $324.50 & $330 & $354.50 belongs to us. It is your property in my mind. I want it for you and I am going to everything I can to get it for you. Go to www.tanrange.com and register for the email list which now is my private email list since it is automated registry. There will be no company promotion coming to you. You have my word on that. Soon I will be up on www.JSMineset.com where you will get 24 hour commentary from me since so many of our community are in different parts of the planet. Those that are trading gold may want to have account that can trade gold 24 hours a day as I do. I want to be of service to you all. Your success is my reward. I want this for you more than I want it for me. We have waited 22 years for this. I can get all the sleep I need after gold is remonetized. During the last great gold market, I never slept more than 4 hours a night. I didn`t want to miss anything. This is my life and outside of this and my family, I neither have nor want anything else. I truly love markets and gold is my thing. I will soon post the advertisement for and press comment of the first Gold seminar that was sponsored by Harry Schultz when gold was at $68 per ounce under "War Stories"
When Gold Closes Above $371.50
$400 Will Promptly Be Taken Out On The Upside
First Two Weeks of February Have Super Bullish Potential Implications
Well, you have done it. I hear from my broker friends and off the trading floor that many millions of gold share certificates have been ordered for delivery. It appears as if some of the big investors have had it with the disinformation that has been a tool of the bearish interest. Disinformation because it has been the short sellers and ratio spreaders who have caused the gold shares to under perform. Then the same traders called attention to that manufactured under-performance as proof that gold has had it at $372 due to technical non-confirmation by the gold shares of the gold move. Did you notice all the gold share downgrades done recently on gold shares by the major investment banks that are the owners of cartel by common interest gold banks. Lets see if the under-performance of gold shares case holds over the next few days. I doubt it. It looks to me as if gold and gold shares and silver changed their personality today. I hear there are some very uncomfortable shorts out there. Guess what their only defense is now since they have shorted well over the average daily trading volume of the listed gold shares. They are also shorted gold and silver juniors which I think is total lunacy. Their only defense is to buy gold to offset the short in the shares. When gold closes over $371.50, the shorts in gold shares will be screaming into gold for protection and if they can will be screaming out of their short of gold share and silver share positions.
Gold is headed over $400 now, IMO. I believe that I know exactly where it is going and will post the community individually on my web site registration for emails after thoroughly combing the list for ringers. I will not post the price on my web site. Each member that gets the post should inform those people they know but not post it on the web. I told you I am good but not that good. We are being watched by the opposition and the 1/3 sell point now after we held tight at $324.50 & $330 & $354.50 belongs to us. It is your property in my mind. I want it for you and I am going to everything I can to get it for you. Go to www.tanrange.com and register for the email list which now is my private email list since it is automated registry. There will be no company promotion coming to you. You have my word on that. Soon I will be up on www.JSMineset.com where you will get 24 hour commentary from me since so many of our community are in different parts of the planet. Those that are trading gold may want to have account that can trade gold 24 hours a day as I do. I want to be of service to you all. Your success is my reward. I want this for you more than I want it for me. We have waited 22 years for this. I can get all the sleep I need after gold is remonetized. During the last great gold market, I never slept more than 4 hours a night. I didn`t want to miss anything. This is my life and outside of this and my family, I neither have nor want anything else. I truly love markets and gold is my thing. I will soon post the advertisement for and press comment of the first Gold seminar that was sponsored by Harry Schultz when gold was at $68 per ounce under "War Stories"
Kinross Becomes the New Senior North American Gold Producer
Toronto, Canada - January 31, 2003 - Kinross Gold Corporation (TSX-K; Amex-KGC; NYSE-KGC effective February 3, 2003) (“Kinross”)
http://www.kinross.com/news/030131.htm
Toronto, Canada - January 31, 2003 - Kinross Gold Corporation (TSX-K; Amex-KGC; NYSE-KGC effective February 3, 2003) (“Kinross”)
http://www.kinross.com/news/030131.htm
Gold mining company Kinross (KGC: news, chart, profile) said after Friday`s bell that shareholders of Echo Bay Mines (ECO: news, chart, profile) and TVX Gold (TVX: news, chart, profile) approved a consolidation that will make Kinross the seventh-largest gold producer in the world. Kinross management is due to ring the NYSE opening bell Monday as its listing moves there from the American Exchange. Newmont Mining (NEM: news, chart, profile), which held stakes in Echo Bay and TVX, will be Kinross` largest shareholder with a 13.8 percent stake.
Jim Dines, discusses his 55 page Annual Forecast, and talks about gold, equities, currencies, and geopolitical developments. He says "we`re in a raging bull market in gold, and the public is asleep!"
http://www.marketviews.tv/
http://www.marketviews.tv/
Frank Barbera, is "extra bearish" and expects Dow 5000 in the first half of the year. In addition, he explains why the high COT short interest in gold is a confirming indicator. He also names some of his favorite longs and shorts. LISTEN
http://www.marketviews.tv/
http://www.marketviews.tv/
I THINK "KGC" AND K.TO for NY and Toronto, rspectively.
Shareholders of both Echo Bay and TVX will become common shareholders of
Kinross based on the exchange ratios of 0.1733 and 2.1667, respectively. On
Monday, February 3, 2003 Kinross will begin trading on both the Toronto Stock
Exchange ("TSX") and the New York Stock Exchange ("NYSE") reflecting the
three-for-one common share consolidation approved earlier by Kinross
shareholders. To profile its newly acquired senior status, Kinross will begin
trading on the NYSE and to mark the occasion, President and CEO, Robert (Bob)
Buchan, joined by members of Kinross management, will ring The Opening
Bell(TM) on February 3, 2003. Bob Buchan, stated: "Although the primary market
for Kinross common shares remains the TSX, the shifting of our U.S. listing to
the NYSE is expected to increase the profile of Kinross for American and
international investors. The American Stock Exchange has served Kinross and
our U.S.-based shareholders very well and will continue to be the marketplace
for the Echo Bay warrants that have now become exercisable into Kinross common
shares on the terms described in the Kinross` Management Information Circular
and Supplement."
http://messages.yahoo.com/bbs?.mm=FN&action=m&board=7079148&…
Shareholders of both Echo Bay and TVX will become common shareholders of
Kinross based on the exchange ratios of 0.1733 and 2.1667, respectively. On
Monday, February 3, 2003 Kinross will begin trading on both the Toronto Stock
Exchange ("TSX") and the New York Stock Exchange ("NYSE") reflecting the
three-for-one common share consolidation approved earlier by Kinross
shareholders. To profile its newly acquired senior status, Kinross will begin
trading on the NYSE and to mark the occasion, President and CEO, Robert (Bob)
Buchan, joined by members of Kinross management, will ring The Opening
Bell(TM) on February 3, 2003. Bob Buchan, stated: "Although the primary market
for Kinross common shares remains the TSX, the shifting of our U.S. listing to
the NYSE is expected to increase the profile of Kinross for American and
international investors. The American Stock Exchange has served Kinross and
our U.S.-based shareholders very well and will continue to be the marketplace
for the Echo Bay warrants that have now become exercisable into Kinross common
shares on the terms described in the Kinross` Management Information Circular
and Supplement."
http://messages.yahoo.com/bbs?.mm=FN&action=m&board=7079148&…
* Audio Report* Nem _KGC *Gold
This is a must listen interview with the ceo of kinross.Nem owns a large chunk of kinross and the new kisross is completing a 3 way merger monday that benifits nem.Kinross will be moving to the new york exchange on monday and they will be ringing the ny opening bell.If you want to know what is happing in the gold minning industry and why nem and kgc are becomming the Great Cash Generators of our time.Supply shortages and more mergers dead ahead and why nem and kgc are the best finalcial leverge in gold .Cash and more cash at these 350 gold......audio report ...listen...http://media5.bloomberg.com:443/cgi-bin/getavfile.cgi?A=22309933
This is a must listen interview with the ceo of kinross.Nem owns a large chunk of kinross and the new kisross is completing a 3 way merger monday that benifits nem.Kinross will be moving to the new york exchange on monday and they will be ringing the ny opening bell.If you want to know what is happing in the gold minning industry and why nem and kgc are becomming the Great Cash Generators of our time.Supply shortages and more mergers dead ahead and why nem and kgc are the best finalcial leverge in gold .Cash and more cash at these 350 gold......audio report ...listen...http://media5.bloomberg.com:443/cgi-bin/getavfile.cgi?A=22309933
Ich kapier immer noch nicht, was heute los ist.
kein Kurs in Frankfurt
in NY 6,8 $
W.
kein Kurs in Frankfurt
in NY 6,8 $
W.
@klierw
... ich auch nicht. Entweder hat`s damit zu tun:
"TORONTO -- Shareholders of Echo Bay Mines Ltd. (ECO) and TVX Gold Inc. and an Ontario court have approved the proposed merger of Kinross Gold Corp. (KGC), Echo Bay and TVX.
In a news release, Kinross said that, as a result of the completion today of the combination of Kinross, Echo Bay and TVX and the acquisition of the 49.9% interest in the TVX Newmont Americas joint venture from Newmont Mining Corp. ( NEM), Kinross has become the seventh largest primary gold producer in the world.
Kinross said it`s the only senior North American-based gold producer with both a strict nonhedging policy and less than 5% of reserves hedged.
Under the plan of arrangement between the three companies, shareholders of Echo Bay and TVX will become common shareholders of Kinross based on the exchange ratios of 0.1733 and 2.1667, respectively. On Monday, Kinross will begin trading on both the Toronto Stock Exchange and the New York Stock Exchange reflecting the one-for-three common share consolidation approved earlier by Kinross shareholders. After the consolidation, Kinross will have 314, 238,627 common shares outstanding.
As a result of its prior ownership of shares of Echo Bay and TVX, Newmont will become Kinross` largest shareholder, holding 43,238,427 common shares, or 13.8%.
-Stephanie Thomas, Dow Jones Newswires; 416-306-2100"
Quelle: http://news.morningstar.com/news/DJ/M01/D31/1044060660751.ht…
...Was ja aber schon länger bekannt ist...
oder es gab einen reverse split? Davon ist mir allerdings nichts bekannt. Da in den USA auch TVX und ECO nicht bedient werden (TVX nur 3800 Aktien als Umsatz, viell. eine letzte Altabwicklung), gehe ich von neuer Kurssetzung nach dem "merging" aus.
Mal sehen, was noch an Ideen hier eingestellt wird...
... ich auch nicht. Entweder hat`s damit zu tun:
"TORONTO -- Shareholders of Echo Bay Mines Ltd. (ECO) and TVX Gold Inc. and an Ontario court have approved the proposed merger of Kinross Gold Corp. (KGC), Echo Bay and TVX.
In a news release, Kinross said that, as a result of the completion today of the combination of Kinross, Echo Bay and TVX and the acquisition of the 49.9% interest in the TVX Newmont Americas joint venture from Newmont Mining Corp. ( NEM), Kinross has become the seventh largest primary gold producer in the world.
Kinross said it`s the only senior North American-based gold producer with both a strict nonhedging policy and less than 5% of reserves hedged.
Under the plan of arrangement between the three companies, shareholders of Echo Bay and TVX will become common shareholders of Kinross based on the exchange ratios of 0.1733 and 2.1667, respectively. On Monday, Kinross will begin trading on both the Toronto Stock Exchange and the New York Stock Exchange reflecting the one-for-three common share consolidation approved earlier by Kinross shareholders. After the consolidation, Kinross will have 314, 238,627 common shares outstanding.
As a result of its prior ownership of shares of Echo Bay and TVX, Newmont will become Kinross` largest shareholder, holding 43,238,427 common shares, or 13.8%.
-Stephanie Thomas, Dow Jones Newswires; 416-306-2100"
Quelle: http://news.morningstar.com/news/DJ/M01/D31/1044060660751.ht…
...Was ja aber schon länger bekannt ist...
oder es gab einen reverse split? Davon ist mir allerdings nichts bekannt. Da in den USA auch TVX und ECO nicht bedient werden (TVX nur 3800 Aktien als Umsatz, viell. eine letzte Altabwicklung), gehe ich von neuer Kurssetzung nach dem "merging" aus.
Mal sehen, was noch an Ideen hier eingestellt wird...
Echo Bay und TVX sind per heute per Aktientausch auf Kinross verschmolzen worden.
Gleichzeitig hat Kinross einen reverse split im Verhältnis 3 zu 1 vollzogen, um den Kurs über 5 $ zu bekommen und die Aktie so auch für die meisten institutionellen Anleger in den USA handelbar zu machen.
Die Umtauschverhältnisse von Echo Bay (0.1733) und TVX (2.1667) entsprechen der Zahl der Kinross-Aktien nach reverse split, die es für eine Aktie der genannten Gesellschaften gibt.
Gleichzeitig hat Kinross einen reverse split im Verhältnis 3 zu 1 vollzogen, um den Kurs über 5 $ zu bekommen und die Aktie so auch für die meisten institutionellen Anleger in den USA handelbar zu machen.
Die Umtauschverhältnisse von Echo Bay (0.1733) und TVX (2.1667) entsprechen der Zahl der Kinross-Aktien nach reverse split, die es für eine Aktie der genannten Gesellschaften gibt.
Habe gerade erfahren, daß die WKN von Kinross "889021"
nach dem sogenannten reverse Split "213711" lautet;
weis jemand was unter reverse Split zu verstehen ist und ab wann man diese Aktien kaufen, bzw. verkaufen kann?
Gruß
Stoneman
nach dem sogenannten reverse Split "213711" lautet;
weis jemand was unter reverse Split zu verstehen ist und ab wann man diese Aktien kaufen, bzw. verkaufen kann?
Gruß
Stoneman
reverse split ist das Gegenteil eins "normalen" Split:
statt die Aktienzahl zu erhöhen (zB. aus einer mach drei), hat Kinross hier das Gegenteil getan, die Aktienzahl wurde verringert (daher ist die neue Akte rechnerisch 3mal so viel wert wie die alten)
Gruß
Thoemsi
statt die Aktienzahl zu erhöhen (zB. aus einer mach drei), hat Kinross hier das Gegenteil getan, die Aktienzahl wurde verringert (daher ist die neue Akte rechnerisch 3mal so viel wert wie die alten)
Gruß
Thoemsi
Hallo Thoemsi, vielen Dank für deine Erklärung;
hast du eine Ahnung, wann diese Umtauschaktion beendet sein wird und man wieder handeln kann?
Gruß
Stoneman
hast du eine Ahnung, wann diese Umtauschaktion beendet sein wird und man wieder handeln kann?
Gruß
Stoneman
Grübele was von dem "grossen" Kinross
zu halten ist.
Vorher hatte ich von den dreien Kinross,
Echo, TVX ungefähr gleichviele,
was meiner Praxis entspricht breit
zu streuen (Ca. 20 verschiedene GM).
Das hat sich bewährt.
Von der neuen "Schicksalsgemeinschft
Gross-Kinross" bin ich nicht begeistert.
Gruss
Tsuba
zu halten ist.
Vorher hatte ich von den dreien Kinross,
Echo, TVX ungefähr gleichviele,
was meiner Praxis entspricht breit
zu streuen (Ca. 20 verschiedene GM).
Das hat sich bewährt.
Von der neuen "Schicksalsgemeinschft
Gross-Kinross" bin ich nicht begeistert.
Gruss
Tsuba
Gold Fever Trumps Gold-Hedge Fever
Calling Barrick`s Bluff
by Antal E. Fekete, Jan 21/03
Return to Mining News List
Antal E. Fekete Professor Emeritus Memorial University of Newfoundland St.John`s, CANADA A1C 5S7 e-mail: aefekete@hotmail.com
Source: www.goldisfreedom.com
http://www.minersmanual.com/news/AF_CallingBarricksBluff.php
Calling Barrick`s Bluff
by Antal E. Fekete, Jan 21/03
Return to Mining News List
Antal E. Fekete Professor Emeritus Memorial University of Newfoundland St.John`s, CANADA A1C 5S7 e-mail: aefekete@hotmail.com
Source: www.goldisfreedom.com
http://www.minersmanual.com/news/AF_CallingBarricksBluff.php
Attention Business Editor:
Fidelity Purchases Shares of Kinross Gold Corp.
BOSTON, Feb. 6 /CNW/ -- Fidelity Management & Research Company and Fidelity Management Trust Company, of 82 Devonshire Street, Boston,
Massachusetts, USA, as well as Fidelity International Limited of 42 Crow lane, Pembroke, Bermuda (hereinafter referred to as "Fidelity") announce that certain fund accounts for which Fidelity serves as investment adviser have purchased 16,100 shares of Kinross Gold Corp.`s outstanding common stock.Fidelity has control but not ownership of those shares. As a result of the
corporate action and subsequent purchase, Fidelity holds 40,582,378 shares (or 12.89%) of Kinross Gold Corp.`s outstanding common stock and warrants convertible into common stock. Fidelity`s purchase of Kinross Gold Corp.`s outstanding common stock was executed on the Toronto Stock Exchange.
Fidelity fund and trust account sales and purchases have been made for investment purposes only and not with the purpose of influencing the controlor direction of Kinross Gold Corp. The Fidelity funds and trust accounts may, subject to market conditions, make additional investments in or dispositions of securities of Kinross Gold Corp., including additional sales or purchases of shares of common stock. Fidelity does not, however, intend to acquire 20% of any class of the outstanding voting or equity securities of Kinross Gold Corp.
For further information: Kim Flood, Vice President, External Communications of Fidelity Investments Canada Ltd., +1-416-217-7566 FIDELITY has 82 releases in this database.
----------------------------
KGC is Fidelity Gold Fund FSAGX #1 holding
Fidelity Purchases Shares of Kinross Gold Corp.
BOSTON, Feb. 6 /CNW/ -- Fidelity Management & Research Company and Fidelity Management Trust Company, of 82 Devonshire Street, Boston,
Massachusetts, USA, as well as Fidelity International Limited of 42 Crow lane, Pembroke, Bermuda (hereinafter referred to as "Fidelity") announce that certain fund accounts for which Fidelity serves as investment adviser have purchased 16,100 shares of Kinross Gold Corp.`s outstanding common stock.Fidelity has control but not ownership of those shares. As a result of the
corporate action and subsequent purchase, Fidelity holds 40,582,378 shares (or 12.89%) of Kinross Gold Corp.`s outstanding common stock and warrants convertible into common stock. Fidelity`s purchase of Kinross Gold Corp.`s outstanding common stock was executed on the Toronto Stock Exchange.
Fidelity fund and trust account sales and purchases have been made for investment purposes only and not with the purpose of influencing the controlor direction of Kinross Gold Corp. The Fidelity funds and trust accounts may, subject to market conditions, make additional investments in or dispositions of securities of Kinross Gold Corp., including additional sales or purchases of shares of common stock. Fidelity does not, however, intend to acquire 20% of any class of the outstanding voting or equity securities of Kinross Gold Corp.
For further information: Kim Flood, Vice President, External Communications of Fidelity Investments Canada Ltd., +1-416-217-7566 FIDELITY has 82 releases in this database.
----------------------------
KGC is Fidelity Gold Fund FSAGX #1 holding
Friday, 7 February, 2003, 06:24 GMT
Japan`s desperate market move
http://news.bbc.co.uk/2/hi/business/2735251.stm
Japan`s desperate market move
http://news.bbc.co.uk/2/hi/business/2735251.stm
FAQ`s
What will happen to my TVX / Echo Bay shares:
TVX Gold shareholders will receive 2.1667 shares Of Kinross for each TVX share. ie. 100 TVX shares would convert to 216 shares of Kinross. Echo Bay shareholders will receive 0.1733 shares of Kinross for each Echo Bay share. ie. 100 Echo Bay shares would convert to 17 shares of Kinross.
When will I receive my new Kinross Shares?
Letters of transmittal will be mailed out to shareholders on January 6, 2003. Once these letters a completed and returned, along with the share certificates, the new Kinross certificates will be mailed to you. If you do not receive a letter of transmittal and your shares are held in street name (by a broker) you will need to contact your broker. If your shares are registered to you and not held in street name, please contact Georgeson Shareholders by phone at 416-862-8088 or toll free in North America at 1-866-275-0885 and through their website, www.georgesonshareholder.ca
What will happen to my fractional shares?
No fractional Kinross common share will be issued. Kinross shareholders, prior to the January 31, 2003 three old for one new share consolidation will have their shares rounded down to the nearest whole share. (ie. 100 shares would become 33 shares) In the case of TVX and Echo Bay shareholders, fractional shares will be paid out in cash.
What happens to the Echo Bay warrants?
The Echo Bay warrants will remain on the American Stock Exchange under the symbol ECO.WS until their exercise date of November 14, 2003. The exercise price for each 5.77 Echo Bay warrants is US$5.1933 for one Kinross Common Share. The exercise price is payable in US dollars.
What happens to the Kinross warrants?
The exercise price per each three Kinross warrants will be Cdn.$15.00 for one Kinross Common Share.
What is the effective date for the transaction?
The Plan of Arrangement was effected on January 31, 2003, following the approval of shareholders of both TVX and Echo Bay and final approval by the Superior Court of Justice, Ontario.
What will happen to my TVX / Echo Bay shares:
TVX Gold shareholders will receive 2.1667 shares Of Kinross for each TVX share. ie. 100 TVX shares would convert to 216 shares of Kinross. Echo Bay shareholders will receive 0.1733 shares of Kinross for each Echo Bay share. ie. 100 Echo Bay shares would convert to 17 shares of Kinross.
When will I receive my new Kinross Shares?
Letters of transmittal will be mailed out to shareholders on January 6, 2003. Once these letters a completed and returned, along with the share certificates, the new Kinross certificates will be mailed to you. If you do not receive a letter of transmittal and your shares are held in street name (by a broker) you will need to contact your broker. If your shares are registered to you and not held in street name, please contact Georgeson Shareholders by phone at 416-862-8088 or toll free in North America at 1-866-275-0885 and through their website, www.georgesonshareholder.ca
What will happen to my fractional shares?
No fractional Kinross common share will be issued. Kinross shareholders, prior to the January 31, 2003 three old for one new share consolidation will have their shares rounded down to the nearest whole share. (ie. 100 shares would become 33 shares) In the case of TVX and Echo Bay shareholders, fractional shares will be paid out in cash.
What happens to the Echo Bay warrants?
The Echo Bay warrants will remain on the American Stock Exchange under the symbol ECO.WS until their exercise date of November 14, 2003. The exercise price for each 5.77 Echo Bay warrants is US$5.1933 for one Kinross Common Share. The exercise price is payable in US dollars.
What happens to the Kinross warrants?
The exercise price per each three Kinross warrants will be Cdn.$15.00 for one Kinross Common Share.
What is the effective date for the transaction?
The Plan of Arrangement was effected on January 31, 2003, following the approval of shareholders of both TVX and Echo Bay and final approval by the Superior Court of Justice, Ontario.
An update on gold in India
Pinank Mehta
posted February 9th, 2003
http://www.321gold.com/editorials/mehta/mehta020903.html
Pinank Mehta
posted February 9th, 2003
http://www.321gold.com/editorials/mehta/mehta020903.html
What`s happening in the gold stock sector?
Cliff Droke
http://www.gold-eagle.com/gold_digest_03/droke021103.html
Cliff Droke
http://www.gold-eagle.com/gold_digest_03/droke021103.html
Kinross Gold mentioned as gold play -- B-Week (KGC) 6.94: A BusinessWeek article discusses a money manager`s strategy of purchasing gold related shares in an effort to hedge against weakness on the dollar. The article mentions big board listed Kinross Gold (KGC) as the money manager`s top pick. He states, "The stock will double, if gold reaches $425 an ounce -- which he sees in less than one year -- up from $350 now.
Bericht aus der Business Week
Viel Erfolg weiterhin!!!
KGC (+ 9,28% $9,30)hat aktuell die Führung im US Handel bei meinen Werten übernommen, gefolgt von RANGY (+8,23% $9,21) und GSS (+ 7,05% $1,67).
Go Gold Go!
Go Gold Go!
KGC (+ 9,54% $6,20) hat wieder die Führung von RANGY (+ 9,52% $9,32) übernommen. Gefolgt von GSS (+8,97% $ 1,70). Ein wirklich spanndendes Rennen heute zwischen den dreien.
Go Gold Go!
Go Gold Go!
Ein wirklich spanndendes Rennen heute zwischen den dreien. Schon wieder Führungswechsel an der Spitze!
KGC (+7.60% bei $6.09) vor GSS (+ 7.05% bei $1.67) und RANGY
(+ 6.58% bei) $9.07.
Go Gold Go!
KGC (+7.60% bei $6.09) vor GSS (+ 7.05% bei $1.67) und RANGY
(+ 6.58% bei) $9.07.
Go Gold Go!
KGC (+ 3.21% bei $5.46) führt heute zu Handelsbeginn im US-Handel das Rennen an. KGC führt vor RANGY (+ 3.05% bei $10.13) und MDG (+ 2.21% bei $9.25).
Go Gold Go!
@Peter
Wo bleiben heute die Situationsberichte von der Goldfront???
Wo bleiben heute die Situationsberichte von der Goldfront???
KGC (+ 3.11% bei $5.63) hat soeben im US-Handel die Führung von VGZ (+ 2.81% bei $3.29) übernommen. Beide führen nun vor DROOY (+ 2.31% bei $2.21).
Go Gold Go!
KGC (+ 1.70% bei $5.97) hat soeben im US-Handel die Führung von MDG (+ 1.66% bei $9.19) übernommen. Bei de führen nun vor SWC (+ 1.60% bei $2.54).
Go Gold und Palladium Go!
KGC (+ 1.33% bei $6.08) hat soeben im US-Handel die Führung übernommen. KGC führt nun vor PAL (+ 1.30% bei $2.33) und GLG (+ 1.30% bei $10.90).
Go Gold und Palladium Go!
Apr. 11, 2003. 01:00 AM
DICK LOEK/TORONTO STAR
Kinross Gold Corp. CEO Bob Buchan predicts further consolidation in the gold sector. He`d even be willing to sell his recently bulked-up company to "whoever has the biggest cheque. I don`t care."
Bigger new Kinross isn`t hedging its bets in the gold market
CEO skeptical of price optimism
Non-hedging policy enforced
LISA WRIGHT
BUSINESS REPORTER
http://www.thestar.com/NASApp/cs/ContentServer?pagename=thes…
DICK LOEK/TORONTO STAR
Kinross Gold Corp. CEO Bob Buchan predicts further consolidation in the gold sector. He`d even be willing to sell his recently bulked-up company to "whoever has the biggest cheque. I don`t care."
Bigger new Kinross isn`t hedging its bets in the gold market
CEO skeptical of price optimism
Non-hedging policy enforced
LISA WRIGHT
BUSINESS REPORTER
http://www.thestar.com/NASApp/cs/ContentServer?pagename=thes…
KGC zieht ja gerade in USA kräftig an
go for GOLD
go for GOLD
KGC (+ 2.36% bei $6.50) hat soeben im US-Handel die Führung von KRY übernommen. KGC führt nun vor SIL (+ 1.84% bei $13.87) und GG (+ 1.75% bei $11.06).
Go Gold und Silber Go!
Long Position geschlossen.
Warum geschlossen, wir haben doch hoffentlich das Schlimmste hinter uns ?
Weisst Du etwas über den Geschäftsbericht auf der Hompage fand ich nix.
J2
Weisst Du etwas über den Geschäftsbericht auf der Hompage fand ich nix.
J2
Hallo jefferey!
Press Release Source: Kinross Gold Corporation
Kinross Announces Lupin Mine Restructuring
Monday May 12, 5:39 pm ET
TORONTO, May 12 /PRNewswire-FirstCall/ - Kinross Gold Corporation ("Kinross") confirmed today the implementation of a restructuring plan for its Lupin mine in Nunavut with a goal to reducing costs and optimizing production. Effective today, 75 positions were eliminated throughout the operation. Changes to mill operating schedules and shift rotations and the sale of aircraft and hangar facilities will accompany the reduction of staff. The Company is moving quickly to implement these changes following the mine`s disappointing first quarter results. Restructuring and optimization efforts are estimated to generate annualized savings of between US$8 and US$10 million.
Press Release Source: Kinross Gold Corporation
Kinross Announces Lupin Mine Restructuring
Monday May 12, 5:39 pm ET
TORONTO, May 12 /PRNewswire-FirstCall/ - Kinross Gold Corporation ("Kinross") confirmed today the implementation of a restructuring plan for its Lupin mine in Nunavut with a goal to reducing costs and optimizing production. Effective today, 75 positions were eliminated throughout the operation. Changes to mill operating schedules and shift rotations and the sale of aircraft and hangar facilities will accompany the reduction of staff. The Company is moving quickly to implement these changes following the mine`s disappointing first quarter results. Restructuring and optimization efforts are estimated to generate annualized savings of between US$8 and US$10 million.
Danke Peter, ja Flugzeuge braucht man ja eigentlich nur wenn man auf der Flucht ist. Ein gutes Zeichen, die Manager wollen bleiben und sogar Gewinn erzielen.
Hört sich ja irgendwie idiotisch an und ich bin immer noch investiert.
J2
Hört sich ja irgendwie idiotisch an und ich bin immer noch investiert.
J2
Long Position eröffnet.
zahlt kinross eigentlich dividende ??
Kinross ist fundamental allenfalls
so olálá.
Drei Schwache (Kinross, Echo, TVX)
spielen den starken Mann.
Aber das ist wie Horch-Autombile,
Gogomobile und Rollce Royce,
die brauchen auch nicht unbedingt
fahrtüchtig zu sein.
Sehen wir die 400PoG, stehen die
Ami´s dafür Schlange an.
Zuletzt hatte ich welche für 7€
und ein paar Cents verkauft, der Rest
bleibt im Depot.
Gruss
Tsuba
so olálá.
Drei Schwache (Kinross, Echo, TVX)
spielen den starken Mann.
Aber das ist wie Horch-Autombile,
Gogomobile und Rollce Royce,
die brauchen auch nicht unbedingt
fahrtüchtig zu sein.
Sehen wir die 400PoG, stehen die
Ami´s dafür Schlange an.
Zuletzt hatte ich welche für 7€
und ein paar Cents verkauft, der Rest
bleibt im Depot.
Gruss
Tsuba
immer schön "GOLDONLY"
Hatte in den letzten wochen nochmal
Kinross zu 6,3€ nachgekauft.
Und heut Bema für knapp 2,9€ verkauft,
einziger grund EK war ca. 1,0€. Man
muß ja nicht immer gleich übertreiben.
Charts und Zyklen für den, der´s mag.
Bin lieber dumm.
Chacun á son gout
Tsuba
Hatte in den letzten wochen nochmal
Kinross zu 6,3€ nachgekauft.
Und heut Bema für knapp 2,9€ verkauft,
einziger grund EK war ca. 1,0€. Man
muß ja nicht immer gleich übertreiben.
Charts und Zyklen für den, der´s mag.
Bin lieber dumm.
Chacun á son gout
Tsuba
scheint, dass jetzt kinross ans laufen kommt!!!!
betrifft auch kinross:
Reuters
Bema Gold sees Refugio mine decision in December
Wednesday November 26, 4:17 pm ET
VANCOUVER, British Columbia , Nov 26 (Reuters) - Bema Gold Corp. (Toronto:BGO.TO - News), co-owner of the Refugio gold mine with Kinross Gold Corp. (Toronto:K.TO - News), said on Wednesday it was confident the market would be told in December that the stalled operation in Chile would be put back into production.
Clive Johnson, Bema`s chairman and chief executive, said the open pit mine was expected to restart production late next year. Refugio is one of a number of idled mining operations being given a new lease of life by stronger metal prices.
" We are fully expecting to announce within the next month the decision to go back into production," Johnson told a conference in Toronto. His presentation was made via the Internet.
Johnson said he had had a meeting with Kinross, the world`s seventh biggest gold miner, in Toronto on Wednesday morning. Bema is a junior gold producer based in Vancouver.
New drilling at Refugio, put on care and maintenance 2-1/2 years ago when gold prices sank to near $250 an ounce, had found new resources able to double the mine`s life to between eight and 10 years, Johnson said.
The mine in northern Chile is expected to produce about 220,000 ounces of gold a year at an operating cash cost of $151 an ounce.
Kinross`s chief executive has also made enthusiastic statements about reopening Refugio.
Responding to market rumors of a possible takeover of Bema, whose Kupol gold project in Russia has attracted considerable market interest, Johnson said the growing junior was not for sale.
" We don`t want a joint venture partner. We don`t want a big brother and I don`t want to work for a major," he said.
Bema shares closed up 24 Canadian cents at C$5.35 on the Toronto Stock Exchange (News - Websites) . Kinross closed up 67 Canadian cents at C$11.58
($1=$1.30 Canadian)
Reuters
Bema Gold sees Refugio mine decision in December
Wednesday November 26, 4:17 pm ET
VANCOUVER, British Columbia , Nov 26 (Reuters) - Bema Gold Corp. (Toronto:BGO.TO - News), co-owner of the Refugio gold mine with Kinross Gold Corp. (Toronto:K.TO - News), said on Wednesday it was confident the market would be told in December that the stalled operation in Chile would be put back into production.
Clive Johnson, Bema`s chairman and chief executive, said the open pit mine was expected to restart production late next year. Refugio is one of a number of idled mining operations being given a new lease of life by stronger metal prices.
" We are fully expecting to announce within the next month the decision to go back into production," Johnson told a conference in Toronto. His presentation was made via the Internet.
Johnson said he had had a meeting with Kinross, the world`s seventh biggest gold miner, in Toronto on Wednesday morning. Bema is a junior gold producer based in Vancouver.
New drilling at Refugio, put on care and maintenance 2-1/2 years ago when gold prices sank to near $250 an ounce, had found new resources able to double the mine`s life to between eight and 10 years, Johnson said.
The mine in northern Chile is expected to produce about 220,000 ounces of gold a year at an operating cash cost of $151 an ounce.
Kinross`s chief executive has also made enthusiastic statements about reopening Refugio.
Responding to market rumors of a possible takeover of Bema, whose Kupol gold project in Russia has attracted considerable market interest, Johnson said the growing junior was not for sale.
" We don`t want a joint venture partner. We don`t want a big brother and I don`t want to work for a major," he said.
Bema shares closed up 24 Canadian cents at C$5.35 on the Toronto Stock Exchange (News - Websites) . Kinross closed up 67 Canadian cents at C$11.58
($1=$1.30 Canadian)
!
Dieser Beitrag wurde vom System automatisch gesperrt. Bei Fragen wenden Sie sich bitte an feedback@wallstreet-online.de
dito:
News Release
Bema and Kinross Plan to Recommence Gold Mining at Refugio
December 4, 2003
Bema Gold Corporation (TSX, AMEX-BGO, AIM-BAU) (“Bema”) and Kinross Gold Corporation (TSX-K; NYSE-KGC) (" Kinross" ) are pleased to announce that their respective boards of directors have approved the recommencement of gold operations at the Refugio heap leach mine located near Copiapo, Chile.
Compania Minera Maricunga (“CMM”) owns the Refugio mine and is owned 50% by Bema and 50% by Kinross. The Refugio mine had been placed on care and maintenance in May 2001 due to low gold prices and has produced declining amounts of gold from residual leaching of existing heaps since that time. During the past year, a 56,000 metre drill program was successful in expanding reserves to justify a greater than 25% expansion of daily throughput compared to historic production levels. Initially the Verde pits are scheduled to produce 40,000 tonnes of ore per day which will be crushed and placed on the leach pads. Subsequently the new Pancho pit, expected to be mined at 35,000 tonnes of ore per day, will extend the mine-life to approximately 10 years at an assumed gold price $350 per ounce. Life-of-mine annual gold production is expected to range from 230,000 to 260,000 ounces on a 100% basis at total cash costs averaging approximately $225 per ounce.
Production is expected to recommence late in the fourth quarter of 2004. Initial capital costs on a 100% basis for the expanded project are estimated at approximately $71 million to repair and replace critical components of the existing infrastructure, increase reliability, improve serviceability and provide a safe and efficient work environment. In addition, a new mining fleet will be purchased and is anticipated to be financed through a capital lease of approximately $30 million. Major capital items include plant modifications and upgrades, a modest pre-stripping program and 110-kilometre power line, connected to the Chilean grid, which will replace the previous diesel generated power. Bema is currently evaluating various financing options including project debt and convertible debentures for its 50% of capital requirements.
The combination of improved gold prices and expanded reserves have resulted in robust economics for the expanded project. At the base case gold price of $350 per ounce, the proven and probable reserves (100% basis) are estimated at 124,054,000 tonnes at a grade of 0.86 grams of gold per tonne for 3,433,000 ounces of gold. The base case project economics indicate a pre-tax internal rate of return (“IRR”) of almost 22% and a payback of approximately 3.8 years. The sensitivity analysis of the project economics yields an IRR of approximately 34% and a payback of 2.6 years at the current gold price of $400 per ounce.
The Qualified Persons under National Mining Instrument 43-101 are W. Hanson, P.Geo and R. Cooper, P.Eng, both of Kinross. For further information on Bema please email investor@bemagold.com or visit our web site at www.bema.com.
To speak to a representative of the Company please contact:
Ian MacLean - Manager, Investor Relations - (604) 681-8371
Derek Iwanaka- Investor Relations - (604) 681-8371
News Release
Bema and Kinross Plan to Recommence Gold Mining at Refugio
December 4, 2003
Bema Gold Corporation (TSX, AMEX-BGO, AIM-BAU) (“Bema”) and Kinross Gold Corporation (TSX-K; NYSE-KGC) (" Kinross" ) are pleased to announce that their respective boards of directors have approved the recommencement of gold operations at the Refugio heap leach mine located near Copiapo, Chile.
Compania Minera Maricunga (“CMM”) owns the Refugio mine and is owned 50% by Bema and 50% by Kinross. The Refugio mine had been placed on care and maintenance in May 2001 due to low gold prices and has produced declining amounts of gold from residual leaching of existing heaps since that time. During the past year, a 56,000 metre drill program was successful in expanding reserves to justify a greater than 25% expansion of daily throughput compared to historic production levels. Initially the Verde pits are scheduled to produce 40,000 tonnes of ore per day which will be crushed and placed on the leach pads. Subsequently the new Pancho pit, expected to be mined at 35,000 tonnes of ore per day, will extend the mine-life to approximately 10 years at an assumed gold price $350 per ounce. Life-of-mine annual gold production is expected to range from 230,000 to 260,000 ounces on a 100% basis at total cash costs averaging approximately $225 per ounce.
Production is expected to recommence late in the fourth quarter of 2004. Initial capital costs on a 100% basis for the expanded project are estimated at approximately $71 million to repair and replace critical components of the existing infrastructure, increase reliability, improve serviceability and provide a safe and efficient work environment. In addition, a new mining fleet will be purchased and is anticipated to be financed through a capital lease of approximately $30 million. Major capital items include plant modifications and upgrades, a modest pre-stripping program and 110-kilometre power line, connected to the Chilean grid, which will replace the previous diesel generated power. Bema is currently evaluating various financing options including project debt and convertible debentures for its 50% of capital requirements.
The combination of improved gold prices and expanded reserves have resulted in robust economics for the expanded project. At the base case gold price of $350 per ounce, the proven and probable reserves (100% basis) are estimated at 124,054,000 tonnes at a grade of 0.86 grams of gold per tonne for 3,433,000 ounces of gold. The base case project economics indicate a pre-tax internal rate of return (“IRR”) of almost 22% and a payback of approximately 3.8 years. The sensitivity analysis of the project economics yields an IRR of approximately 34% and a payback of 2.6 years at the current gold price of $400 per ounce.
The Qualified Persons under National Mining Instrument 43-101 are W. Hanson, P.Geo and R. Cooper, P.Eng, both of Kinross. For further information on Bema please email investor@bemagold.com or visit our web site at www.bema.com.
To speak to a representative of the Company please contact:
Ian MacLean - Manager, Investor Relations - (604) 681-8371
Derek Iwanaka- Investor Relations - (604) 681-8371
warum ist KGC so stark zurückgefallen? Sollte man sich davon nicht noch ein paar Stücke gönnen ?
____________
übermittelt die Depotbank heute ein
Abfindungsangebot zu 9,00 Can$.
Der Börsenkurs ist knapp 10,00 Can$.
Hab´nicht den ganzen Text gelesen.
Portoverschwendung!
Gruss
Tsuba
übermittelt die Depotbank heute ein
Abfindungsangebot zu 9,00 Can$.
Der Börsenkurs ist knapp 10,00 Can$.
Hab´nicht den ganzen Text gelesen.
Portoverschwendung!
Gruss
Tsuba
____________
klingt doch zeitgemäß und garnicht altmodisch:
" Und die Könige auf Erden und die Großen und die Reichen und die Hauptleute und die Gewaltigen
und alle Knechte und alle Freien verbargen sich in den Klüften und Felsen an den Bergen
16. und sprachen zu den Bergen und Felsen: Fallt über uns und verbergt uns vor dem Angesichte
des, der auf dem Stuhl sitzt, und vor dem Zorn des Lammes!"
irgendwie nach Hindukusch und Alabama;
ist aber aus der Offenbarung des Johannes.
Bevor das in Bälde eintritt wird nocheinmal KINROSS gespielt,
das ist unvermeidlich.
aus der Offenbarung des
Tsuba (kurz vor dem 1. April)
klingt doch zeitgemäß und garnicht altmodisch:
" Und die Könige auf Erden und die Großen und die Reichen und die Hauptleute und die Gewaltigen
und alle Knechte und alle Freien verbargen sich in den Klüften und Felsen an den Bergen
16. und sprachen zu den Bergen und Felsen: Fallt über uns und verbergt uns vor dem Angesichte
des, der auf dem Stuhl sitzt, und vor dem Zorn des Lammes!"
irgendwie nach Hindukusch und Alabama;
ist aber aus der Offenbarung des Johannes.
Bevor das in Bälde eintritt wird nocheinmal KINROSS gespielt,
das ist unvermeidlich.
aus der Offenbarung des
Tsuba (kurz vor dem 1. April)
leider besitzt der Herr Abd al-Asis al-Rantissi keinen Humor.
April, April ...
April, April ...
______________
das folgende Square-Dance-Foto veranschaulicht
die besondere Eigenschaft von Kinross.
Aussage (und "Pride") sind bei den
Frauen im Hintergrund
Tsuba
das folgende Square-Dance-Foto veranschaulicht
die besondere Eigenschaft von Kinross.
Aussage (und "Pride") sind bei den
Frauen im Hintergrund
Tsuba
Antwort auf Beitrag Nr.: 12.573.159 von Tsuba am 27.03.04 17:27:26
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