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Gold/Mining/Energy : Gold and Silver Mining Stocks -- Ignore unavailable to you. Want to Upgrade?

To: goldsheet who wrote (3140)	7/9/2002 11:47:06 AM
From: long-gone	Read Replies (1) \| Respond to of 4051

Item 5. Other Events. Effective February 13, 2002, Echo Bay Inc., a subsidiary of Echo Bay Mines Ltd. ("Echo Bay" or the "Company"), entered into an agreement with Newmont Mining Corporation ("Newmont") providing for the sale to Newmont of the entire McCoy/Cove complex in Nevada. The agreement was subject to the completion of due diligence by Newmont by July 31, 2002 and called for a payment to the seller of $6 million and the assumption by Newmont of all reclamation and closure obligations at McCoy/Cove. (cont) biz.yahoo.com