Newmont Mining eBusiness operations transaction ready

Denver based Newmont Mining Corporation announced on Tuesday that its eBusiness initiative has reached a transaction ready status at its three largest mining operations -- Minera Yanacocha in Peru, Batu Hijau in Indonesia and Nevada Operations, USA.

Newmont's eBusiness program has targeted integration projects with global and regional strategic suppliers. By the end of 2001, the company expects to be transacting with more than 75 suppliers, located around the world. (*)