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Newmont Mining Gold Producer Reports Earnings Exceed Estimates
Newmont Mining Corp. is one of the largest gold producers in the world. The company reported profits until the fourth quarter sharp jump in excess of Wall Street estimates, the company’s revenue doubled on record prices for precious metals.
Gold production generated by Newmont rose 10 percent on the year and estimated gold production in 2010 [...]
Regis Resources Executes Formal Agreements to Resolve Newmont Mining Guarantee
Regis Resources has executed formal documentation with Newmont Mining Finance as agreed under the heads of agreement announced last year. Following the announcement, shares in the company jumped 5c, or 7.4%, to 73c during the afternoon trade.
Subject to obtaining shareholder approval of this documentation, Regis’ position as a guarantor of a loan owing from a [...]
Gold Price Rallies as Macquarie Raises 2010 Gold Forecast to $1,150
The price of gold has settled into a lower range after climbing into the all-time high of $ 1226 per ounce as gold prices and gold mining stocks have been facing the headwind of a stronger U.S. dollar. Correction recently gold prices have fallen $ 115 from the high-December 3 this morning for a low [...]
Solomon Gold to Acquire Two Australian Mining Exploration Companies
Aim-listed Solomon Gold would acquire two Queensland exploration companies for 86,8-million shares, and A$1-million in cash, as well as A$1-million in convertible notes, the company announced on Wednesday.
Solomon Gold said in a statement that the acquisition of Acapulco Mining and Central Minerals would complement its existing exploration projects with gold major Newmont Mining on the [...]
Share of Gold Mining Companies Falls, But Gold Prices Soar 10 percent in Six Weeks
Gold prices rose sharply for six weeks, gold prices reached 10 percent. But gold mining shares declined. Analysts expect investors still doubt the gold price increase can last long, so the investors take a step to wait until the price of gold reached the highest prices and stable.
Gold Mining Company, Newmont Anounced First Gold Production In Boddington Gold Mine
Newmont Mining Corporation announced today the first gold pour at its Boddington mine in Western Australia. In addition, the Company has trucked its first shipment of copper concentrate from the mine to the port in Bunbury. The event marked the commencement of gold production at Boddington after the first production of copper concentrate in August.
Mining Company Earning Reported, Newmont Mining 2Q Profit Slides 40 percent
Newmont Mining Corp. said Thursday its second-quarter profit sank 40 percent as copper prices fell 39 percent, its tax bill jumped significantly and it purchased a stake in an Australian gold mine.
The results missed Wall Street expectations, and shares of the leading gold producer wavered in early trading.
Canadian Mineral Exploration Company, Sulliden To Start Gold and Silver Mine Exploration in Peru, 2011
Sulliden Exploration Inc., a Canadian mineral-exploration company, aims to start its gold and silver mine in Peru in 2011, said Javier Fernandez-Concha, the company’s manager in the South American nation.
Dutch Gold Resources Signed LOI With Gold Mining Exploration To Explore Gold Mine in State of Nevada
Company developer and exploration of gold-mine in North America, Dutch Gold Resource reports has signed Letter of Intent with one exploration companies of gold-mine to exploration of gold-mine.
