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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 [...]
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.
Gold Mine Stock and Mining Companies Not Lost, Profit Margin Shares Attractive
The prospects for equity markets and numerous sector indexes have dimmed during the global recession, but gold and the companies that mine it have not lost their lustre.
Warns Gold Mining Companies, Regrettable Gap Between Gold Price and Gold Sector
In a commodities market that has gone decidedly off-script over the past four months, it is heartening to see gold sticking to the stronger-for-longer script.
Newmont Mining loses $2.06-billion in Q2 2007
Newmont Mining Corp. has released the second quarter financial and operating results, which include a negative $2.12-billion impact of strategic initiatives completed during the second quarter. For the quarter, the company reported a net loss of $2.06-billion $4.57 per share), compared with net income of $161-million (36 cents per share) for the second quarter of [...]
Salazar blocks Bush BLM nominee over Roan drilling
Sen. Ken Salazar, D-Colo., says he will block the confirmation of President Bush’s nominee to head the Bureau of Land Management until the administration gives Colorado more time to review a plan that allows gas drilling on the Roan Plateau.
“They will not get a BLM director until we come to some resolution on this [...]
Claims by uranium companies in the United States have soared
A fourfold increase in the price of uranium in the past three years has led to a rush of new claims by uranium companies in the Western United States, according to a new survey by an environmental group that wants to inform the public of the potentially harmful consequences.
Mining claim data compiled by the Environmental [...]
Uranium Is a Hot Commodity and Claims Have Soared
A fourfold increase in the price of uranium in the past three years has led to a rush of new claims by uranium companies, according to a new survey by an environmental group that wants to inform the public of potentially harmful consequences.
Mining claim data compiled by the Environmental Working Group, Washington-based environmental research specialists, [...]
