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Article: NJMC and Newmont form JV for Idaho Gold
- Article from:
- Engineering and Mining Journal
- Article date:
- May 1, 2008
- Author:
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Copyright informationCopyright Mining Media, Inc. May 2008. Provided by ProQuest LLC. (Hide copyright information)
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New Jersey Mining Co. (NJMC) has signed a joint-venture agreement with Newmont North American Exploration Ltd. to explore for gold deposits within a 38-mi^sup 2^ area north of Murray, Idaho. The joint venture, known as the Toboggan project, covers all of NJMC's mining claims within this area except the Niagara property. Under the terms of the agreement, Newmont can earn a 51% interest in the joint venture by spending $2 million over three years. Newmont can increase its interest to 70% by spending an additional $10 million or completing a feasibility study in years four through seven, whichever comes first.
As part of the terms of the ...
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Article: Former Prime Outlets Mall is getting new owners, new name.
Buffalo News (Buffalo, NY);
November 9, 2005 ;
476 words
......the Prime Outlets. But early last year, owner Prime Retail of Baltimore stopped making mortgage payments and the Town of Niagara property was placed under the management of a court-appointed receiver, Dennis Penman, who is executive vice president of M.J. Peterson...
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