World No.2 gold producer Newmont Mining Corp, riding a rise in bullion prices, is targeting a number of acquisitions given its strong balance sheet. Newmont’s acting regional vice president Asia Pacific, Philip Stephenson, said: We’ve got a number of targets on the radar screen. For full story, click here
By Kishori Krishnan Exclusive To Gold Investing News The United States is firing up the printing presses. This desperate move means the value of the dollar is destined to disintegrate. What this also means is that gold will decline on a muscular US dollar, profit-taking, technical selling and potentially deflationary economic data. The yellow metal [...]
A new study concluded on Monday stated that Newmont Mining Corp., which has battled with Peruvian labor disputes and Indonesian pollution charges, must improve relationships in communities where it operates to expand successfully. For full story, click here
Gold mining companies are all set to increase their output in the coming months. In a new disclosure, Indonesian unit of Newmont Mining said its gold output will rise by 81 per cent this year. For more information, click here
Mining companies had been struggling as gold prices eased, but in recent weeks gold has continued its advance back toward $1,000 an ounce, driving mining company stocks up as company officials and metals strategists forecast more price strength. For full story, click here
The company said it expects to finalise the proposed joint venture agreement with Newmont Mining Corp within a week, and it has arranged for receiving the funds from the convertible note issue agreed in December when the venture goes live. For full story, click here
Overview AMI Resources Inc. is a Vancouver, British Columbia based exploration and development stage company, which through its wholly owned operating subsidiary (Norcan Mining Corp.), has elected to concentrate its exploration activities in Ghana, West Africa. Ghana has a long history of gold production and with its stable political climate, Ghana makes for an excellent [...]
Newmont Mining Corp said that the company’s Q3 profit slumped just over 50 %, hurt by a fall in gold and copper shipment volumes and increased production costs. For full story, click here For company’s website, click here
Newmont Mining Corp. is scheduled to release its Q3 results on Wednesday. Analysts surveyed by Thomson Reuters forecast, on average, earnings per share of 44 cents and revenue of $1.46 bn. For full story, click here For company’s website, click here
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