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Gold/Mining/Energy : Medinah Mining Inc. (MDHM) -- Ignore unavailable to you. Want to Upgrade?

To: Walter Brownlee who wrote (7124)	11/16/1998 11:40:00 AM
From: Handshake™	Read Replies (1) \| Respond to of 25548

Wow...here's something from Business News America: Dayton Jan-Sept Losses Reach US$6.89mn - Chile November 16, 1998 Vancouver-based Dayton Mining Corp. posted a net loss of US$6.89mn (US$0.235 per share loss) during the first nine months of 1998, compared to a US$570,000 profit (US$0.0325 per share loss) over the same period in 1997. Dayton operates the Andacollo Gold mine in Chile's Region IV. The mine's cash-operating costs were US$256 per ounce over the first nine months in 1998, compared to US$224 per ounce over the same period last year. Realized prices were US$345/oz and US$397/oz over the same periods, respectively. The mine produced 25,077 ounces in the third quarter of 1998 at US$226 per ounce, the highest quarterly production since the mine began production in January 1996. High production rates continued with September's monthly record of 9,356 ounces being beaten by October's 9,484 ounces. United States-based Medinah Energy is suing Dayton for more than US$150mn in a dispute over ownership, mining rights and alleged unauthorized removal of mining tailings from Andacollo. Source: BNA