| | Forbes.com: Meridian Gold contrite on halted Argentina mine (Site not responding. Last check: 2007-10-26) |
 | | DENVER, Sept 23 (Reuters) - The chief executive of Meridian Gold Inc. gave shareholders a public mea culpa on Tuesday for failing to take Argentine environmental concerns into account for its promising Esquel mine project, the development of which is on hold. |
 | | Kennedy said Meridian share price has underperformed over the last 12 months, during which time the gold sector has boomed as bullion prices rose to near seven-year highs. |
 | | Reno, Nevada-based Meridian produced 436,000 ounces of gold in 2002 at a cash cost of $87 an ounce, making it one of the world's lowest cost producers. |
| www.forbes.com /markets/newswire/2003/09/23/rtr1089271.html (430 words) |