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Gold/Mining/Energy : Steppe Gold (SPE:V) -- Ignore unavailable to you. Want to Upgrade?


To: brian krause who wrote (748)3/18/1998 10:03:00 PM
From: Robert Dydo  Read Replies (2) | Respond to of 1248
 
This will not be changed this month.



To: brian krause who wrote (748)3/19/1998 11:41:00 AM
From: John Menzies  Respond to of 1248
 
There will come a time shorty when the list of smaller mining companies operating in Central Asia is very small - as you noted Goldbelt have indicated they are leaving. The did a lot of work on Abyz which is close to Mizek and also Leninogorsk where they spent more than 14 million dollars on enginnering and related studies.

Kazakhstan with its large resource base will emerge as a major metal producer with significant foreign inevstement and it is our avowed intention to be there right at the front -We are in a position to take advantage aof what I perceive to be a unique situaion and we will take full advantage within our capacity and keeping in mind our objective of Mizek production and subsequent expansion of production and additional low cost gold production.