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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: Mr. Aloha who wrote (56877)	2/22/2008 8:56:41 PM
From: ogi	Read Replies (1) of 78416

This is news I have been waiting to hear for ages. The majors are long overdue for an attitude adjustment on deposit size. Thanks for that article Mr. A. Now, Newmont is downsizing its targets for deposit size. "In the past, we would look at deposits of 5 million oz or larger, but our new CEO has encouraged the team not to discount smaller deposits," company spokesman Omar Jabara told Platts. "Finding large deposits is becoming more and more difficult. We believe if small companies can mine smaller deposits there's no reason we can't do so as well."

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