2001News

Two foreign companies to explore new mines

Miguel Peña de los Santos, executive director of the governmental Corporate Mining Unit, announced yesterday that following a tender, Newmont Mining Corporation and Mali Mining Company were chosen for two new mining explorations. Newmont Mining will be in charge of an area in Pueblo Viejo, Cotui for which it bid US$9.4 million. And Mali Mining will take over the exploration of an area in Neita, Restauracion for which it bid US$1.5 million.