Pajingo – Operating Statistics
9 mths 1998 1999 2000 2001 2002 2003
Grade (gpt) 14.3 13.3 12.6 11.6 14.1 15.2
Recovery (%) 96.2 95.2 96.5 96.9 96.8 96.8
From 1998 to 2000, Pajingo was owned 50% by Normandy and 50% by Battle Mountain. Newmont acquired Battle Mountain’s interest in 2001, and in 2002, acquired 100% of Pajingo through the Normandy acquisition.