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NEM Market Currents
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3:47 PM Bullish on gold? You may look to out-of-favor producers like Newmont (NEM) that have been in the doldrums. The gap between the metal and the miners is at an all-time high, but producers are focused on bringing down costs. And though gold's down to around $1,568/ounce, Morgan Stanley argues factors driving the recent gold bull market are still in place.
2 Comments[Commodities, Quick Ideas]
- Wednesday 3:06 PM Newmont Mining (NEM +2.6%) says it will cut capital spending on a controversial gold mine project in Peru to $440M from a previously budgeted $1.5B over the next 18 months due to delays caused by government and environmental reviews. NEM is expected to make a final decision by the end of June on whether to go ahead with the project. [Commodities, On the Move]
NEM in Focus
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NEM Related Articles
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NEM News
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at MarketWatch.com (Tue, 12:10PM)
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at CNBC.com (May 18, 2012)
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at CNBC.com (May 17, 2012)
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at CNBC.com (May 14, 2012)
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at CNBC.com (May 14, 2012)
NEM Press Releases and Filings
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PR Newswire (Apr 26, 2012)
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PR Newswire (Apr 24, 2012)
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PR Newswire (Mar 27, 2012)
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PR Newswire (Jan 26, 2012)
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PR Newswire (Jan 17, 2012)
NEM Latest Transcript
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Fri, Apr 27
NEM Cramer
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NEM Instablog posts
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NEM vs. ETF Alternatives
Company Description
Newmont Mining Corporation is primarily a gold producer with significant assets or operations in the United States, Australia, Peru, Indonesia, Ghana, Canada, New Zealand and Mexico. At December 31, 2009, Newmont had proven and probable gold reserves of 91.8 million equity ounces and an... More