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

To: Handshake™ who wrote (11145)	4/14/1999 7:31:00 AM
From: Mike Gold	Read Replies (2) \| Respond to of 25548

Kinross Gold (K:TSE;KGC:NYSE) and Newmont Mining (NEM:NYSE) entered into an agreement regarding the True North gold venture in Alaska. Kinross will acquire Newmont's 65% interest in the property for a total of US $28 million, giving it a 100% ownership over the property. Kinross expects the project to yeild 370,000 ounces of gold this year at a cash cost of about $190/ounce. (Apr 12/99) Newmont certainly by all accounts is one of Medinah's current suitors. Looks like they have some more spare change to play with.