Contrary to an article in our Feb. 16-22 issue concerning Newmont Mining (NEM-N), the company has not planned any more large-diameter drilling or bulk sampling at the True North gold project. The company plans engineering studies as well as reserve definition drilling in the Central zone. Further, our Feb. 9-15 issue misstated the total gold production and exploration budget of Newmont Mining. The company produced 3.96 million oz. gold in 1998. Its 1998 exploration budget worldwide will be US$78 million.
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