Cyprus Amax Minerals Declares Common Stock Dividend

19.08.1999, 18:44

Denver (ots-PRNewswire) - Cyprus Amax Minerals Company (NYSE:CYM) announced that its Board of Directors declared a regularquarterly common stock dividend at its meeting today. A dividendof $0.05 per share is to be paid on November 1, 1999, to allshareholders 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 largestproducer of molybdenum, and holds a 30% interest in Kinross GoldCorporation. Cyprus Amax is exploring for minerals worldwide. Actual results may vary materially from any forward-lookingstatements the Company makes. Refer to the Cautionary Statementand Risk Factors contained in the Company's 1998 Form 10-K. To obtain a faxed copy of this or any Cyprus Amax newsrelease, call 1-800-758-5804, ext. 224250. News releases can alsobe accessed via the Internet at http://www.prnewswire.com or atthe Cyprus Amax web site, http://www.cyprusamax.com. otsOriginal Text Service: Cyprus Amax Minerals Company Internet:http://www.newsaktuell.de Contact: Gerald J. Malys, Senior VicePresident & Chief Financial Officer (USA) 303-643-5060, or JohnTaraba, Vice President & Controller (USA) 303-643-5244, both ofCyprus 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

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