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Gold/Mining/Energy : Newmont Mining(NEM) & Newmont Gold(NGC)

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To: ahhaha who wrote (417)7/14/2000 9:41:29 PM
From: Edmund Lee   of 587
 
Bridge Updated Fri Jul 14 2000 5.44p.m.

Peru's Yanacocha mine sees 2000 gold output at 1.93 mln ounces

Lima--July 14--Newmont Mining Corp.-owned Minera Yanacocha SA, Latin America's largest gold mine, will produce 1.93 million ounces of gold in 2000, up 17% from 1.65 million ounces in 1999, said Carlos Santa Cruz, Minera Yanacocha's general manager. Yanacocha sees revenue of $560 million from exports in 2000. (Story .17890)

Peru's Yanacocha gold mine to compensate mercury spill victims

Lima--July 14--Newmont Mining Corp.-owned Minera Yanacocha SA, Latin America's largest gold mine, will assume all costs to treat victims of a June mercury spill in northern Peru and plans to build new infrastructure to compensate affected communities. Carlos Santa Cruz, Minera Yanacocha's general manager, sees total costs related to the spill at around $3 million. (Story 18149)
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