Friday, May 7, 2010

Newmont (NYSE:NEM) Approved to Explore Sandman Exploration Project

Newmont Mining (NYSE:NEM) has been approved for a request to explore more of the Sandman Exploration Project in Nevada.

Findings from the U.S. Bureau of Land Management said there would be no significant impact from the increased exploration in the project.

What that does is increase the area of exploration from 59 acres to up to 441 additional acres.

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