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NEM
Newmont Mining Corporation (Holding Company)

5/27/2012, 5:45 PM ET
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NEM Market Currents more »
  • 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. [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 News more »
NEM Instablog posts more »
  • Has Gold Formed A Bottom?
    Fri, May 18 TomAspray Comment!
  • The Dollar Breakout Brings Down Markets
    Tue, May 15 InTheMoneyStocks.com Comment!
  • Further Protests In Peru At Newmont's Yanacocha Mine
    Mon, May 14 Caiman Valores Comment!
  • Security Situation In Peru Heats Up! Does This Create Greater Country Risk For Investors?
    Fri, May 11 Caiman Valores 2 Comments
  • 24 Of Warren Buffett’S Most Wanted Dividend Stocks
    Fri, May 11 Dividend Sheet Comment!
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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

Industry: Gold
Country: United States