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FOR IMMEDIATE RELEASE
December 6, 2000

NMA BOARD ELECTS NEW OFFICERS

WASHINGTON – Ronald C. Cambre, chairman and chief executive officer of Newmont Mining Corp. in Denver, was elected to serve as chairman of the National Mining Association, the principal trade association of the U.S. mining industry. Cambre succeeds outgoing Chairman Steven F. Leer, president and chief executive officer of St. Louis-based Arch Coal Inc.

J. Brett Harvey, president and chief executive officer of CONSOL Inc. in Pittsburgh, was elected vice chairman of the association. John S. Brinzo, chairman and chief executive officer of Cleveland-Cliffs Inc in Cleveland, was elected to serve as chairman of NMA's audit and finance committee whose members include C.E. Bryant Jr. of Continental Conveyor & Equipment Co.; Joseph W. Craft III of Alliance Coal, LLC; Bruce Farmer of Kennecott Utah Copper Corp.; Gregory P. Fauquier of Barrick Goldstrike Mines Inc.; James F. Roberts of RAG American Coal Holding Inc.; and Carl W. Smith of AMVEST Minerals Co.

Jack N. Gerard was elected to succeed the retiring Richard L. Lawson as association president. Harold P. Quinn Jr., NMA's senior vice president, legal and regulatory affairs and general counsel, was re-elected association secretary, and Nori Jones, NMA's senior vice president, finance and administration, was named treasurer.

The U.S. mining industry produces coal, metals, building materials, and many other essential minerals that define the daily lives of 267 million Americans. The mining industry generates over $500 billion in total economic benefit each year and helps to sustain nearly 5 million U.S. jobs.