ALD 0.91% $33.30 ampol limited

http://www.marketwatch.com/news/story/Barrick-Gold-Cash-Flow-Rise...

  1. SVS
    190 Posts.
    http://www.marketwatch.com/news/story/Barrick-Gold-Cash-Flow-Rises/story.aspx?guid={9AEBF5B5-576D-42D2-A69D-5AAF394E1211}


    Barrick don't seem to mind PNG

    The $150 to $160 million exploration(11) budget for 2009 is weighted towards near mine resource additions and reserve conversion, with approximately 40% of the total targeted for Nevada. The remainder of the budget will be divided between South America and Australia Pacific to further evaluate near mine targets at Porgera, Lagunas Norte, Veladero and Zaldivar, and early stage targets in Papua New Guinea and Peru. The lower budget for 2009 reflects a focus on targets that have the potential to make near term contributions to the Company's earnings and cash flow.
 
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