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Peter Spina
17th January 2006, 23:13
9:45p ET Tuesday, January 17, 2006

Dear Friend of GATA and Gold:

GATA is not in the business of apologizing for the mining
industry -- indeed, what wonderful gold and silver prices
we'd have if the mining industry was shut down -- but the
Reuters story below indicates the general arrogance of
the mainstream business press, which the friends of gold
and silver are up against every day.

The New York Times lately has affected to be shocked
that anyone doing business in poor and developing
countries might have to make private or unofficial
arrangements with the local security authorities because
of the ineffectiveness or corruption of the government.
So the Times published long stories alleging that two
big mining companies, Newmont Mining and Freeport
McMoRan Copper & Gold, had damaged the environment and
engaged in corrupt practices at their mines in
Indonesia.

The companies mostly denied the Times' accusations.
While no one who has not been to Indonesia can be
sure of the full story, at least the full story would seem
to include the comments of those being accused. But
as you'll read below, the Times as yet has no room for
that kind of fairness, just as it repeatedly has refused to
allow in its pages any acknowledgement of the gold price
suppression issue.

"All the news that's fit to print" indeed.

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

* * *

Second Mining Company Blasts
New York Times over Reports

By Steve James
Reuters
Tuesday, January 17, 2006

http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?
duid=mtfh33544_2006-01-17_22-23-21_n17356884_newsml