Denver (ots-PRNewswire) - Cyprus Amax Minerals Company (NYSE: CYM) announced that its Board of Directors declared a regular quarterly common stock dividend at its meeting today. A dividend of $0.05 per share is to be paid on November 1, 1999, to all shareholders of Cyprus Amax common stock of record on October 8, 1999. The ex-dividend date for this distribution is October 6, 1999. Cyprus Amax Minerals Company, headquartered in Englewood, Colorado, is a leading producer of copper, the world's largest producer of molybdenum, and holds a 30% interest in Kinross Gold Corporation. Cyprus Amax is exploring for minerals worldwide. Actual results may vary materially from any forward-looking statements the Company makes. Refer to the Cautionary Statement and Risk Factors contained in the Company's 1998 Form 10-K. To obtain a faxed copy of this or any Cyprus Amax news release, call 1-800-758-5804, ext. 224250. News releases can also be accessed via the Internet at http://www.prnewswire.com or at the Cyprus Amax web site, http://www.cyprusamax.com. ots Original Text Service: Cyprus Amax Minerals Company Internet: http://www.newsaktuell.de Contact: Gerald J. Malys, Senior Vice President & Chief Financial Officer (USA) 303-643-5060, or John Taraba, Vice President & Controller (USA) 303-643-5244, both of Cyprus Amax Minerals Company Company News On-Call: http://www.prnewswire.com/comp/224250.html or Fax: (USA) 800- 758-5804, ext. 224250 Web site: http://www.cyprusamax.com