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Gold/Mining/Energy : Coeur d'Alene Mining (CDE) -- Ignore unavailable to you. Want to Upgrade?


To: Robert J Mullenbach who wrote (335)2/7/2001 4:07:18 PM
From: Robert J Mullenbach  Read Replies (1) | Respond to of 621
 
Assets sale, <<<<<<NEWS,>>>>>>>

biz.yahoo.com

Coeur Sells Its Shareholding in Gasgoyne Gold Mines
NL

COEUR D'ALENE, Idaho--(BUSINESS WIRE)--Feb. 7, 2001--Coeur d'Alene Mines Corporation (NYSE:CDE - news)
announced today that it has sold its 50 percent shareholding in Gasgoyne Gold Mines NL of Australia (``Gasgoyne'') for A$28.1
million (US$15.6 million) in cash.

The purchaser is Sons of Gwalia Ltd., an Australian corporation headquartered in Perth, Western Australia, who owns the
remaining 50 percent interest in Gasgoyne.

The principal assets of Gasgoyne are its 50 percent ownership of the Yilgarn Star mine and exploration tenements located in
Western Australia. Also included in the sale was Coeur's share of Gasgoyne's gold hedge position of approximately 90,000
ounces.