All Posts Tagged With: "ABX"
(MT) Metals & Mining Stock Outlook – March 2012 – Industry Outlook
About the Industry
The Metals & Mining industry encompasses the extraction (mining) as well as the primary and secondary processing of metals and minerals such as aluminum, gold, precious metals, coal and steel. The industry is oligarchic in structure,...
(ABX) Are These The Three Best Gold Stocks for 2012?
The gold mining industry is watching its production costs surge amid rising energy prices, inflation and...
(NEM) Newmont Mining Misses Sales Estimate
Newmont Mining Corporation (NEM) reported adjusted basic earnings of $1.17 per share in the fourth quarter of 2011 compared to the prior year quarter of $1.16 per share.
Including the charges of Hope...
(GG) Goldcorp Profit Rises in Fourth Quarter
Goldcorp Inc.’s (GG) adjusted net earnings were $531 million or 66 cents per share in the fourth quarter of 2011, compared with $431 million or 59 cents in the year-ago quarter. Results exceeded the Zacks...
(KGC) Kinross Gold Declares 2012 Outlook
Kinross Gold Corporation (KGC) declared preliminary operating results for full-year 2011 while providing guidance for 2012.
Kinross expects 2011 production to be approximately...
(KGC) Kinross Gold Updates Depreciation, Depletion and Amortization Guidance
Gold miner Kinross Gold Corporation (KGC) updated its guidance for depreciation, depletion and amortization in 2011 to approximately $600 million versus its previous forecast of $651million.
Kinross...
(GM) Metals and Mining Stock Outlook – November 2011 – Industry Outlook
Overview
The Metals & Mining industry encompasses the extraction (mining) as well as the primary and secondary processing of metals and minerals such as aluminum, gold, precious metals, coal and steel. The industry is oligarchic in structure, with...
(ABX) Miners Say Gold Going Higher
Think gold is another asset bubble waiting to pop? The strength of the mining stocks is telling a different story based on a mix of near-term and secular trends.
The big picture story we know: in an era of fiat currencies being printed to fulfill quantitative...
(GG) Goldcorp Quarterly Earnings Exceed Consensus
Goldcorp Inc.’s (GG) adjusted net earnings were $459 million, or 57 cents per share compared with $244 million or 33 cents per share in the year-ago quarter. Results exceeded the Zacks Consensus Estimate...
(ABX) Why Gold Mining Stocks Are About to Skyrocket
by Dr. Mark Skousen, Investment U Contributing Editor
Wednesday,...
(AEM) Agnico-Eagle Mines Agrees to Acquire Grayd Resource Corporation
Agnico-Eagle Mines Ltd. (AEM) agreed to acquire Grayd Resource Corporation (Grayd) in a deal valued at approximately US$275 million, giving the Canadian gold producer an early stage project in Mexico.
Agnico-Eagle...
(NEM) Newmont Mining Gold Output to Double
Gold miner Newmont Mining Corp‘s (NEM) Peruvian subsidiary aims to double annual output to 2.5 million ounces by 2017, once the key projects start operations.
Yanacocha, a joint venture between...
(NEM) Newmont Mining Gold Output to Double
Gold miner Newmont Mining Corp‘s (NEM) Peruvian subsidiary aims to double annual output to 2.5 million ounces by 2017, once the key projects start operations.
Yanacocha, a joint venture between...
(NEM) Newmont Mining Plans Mine Extension
Gold miner Newmont Mining Corp. (NEM) announced its plans to build another underground mine. The company plans to start exploration activities at its Waihi site in New Zealand. The proposed mine could extend...
(NEM) Newmont Mining Starts Exploration Project
Newmont Nusa Tenggara, a unit of U.S. miner Newmont Mining Corp. (NEM) in Indonesia will start exploration work on a new gold and copper block in Sumbawa, West Nusa Tenggara. The company expects drilling...
(KGC) Kinross Gold Posts Strong Second Quarter Earnings
Gold miner Kinross Gold Corporation (KGC) reported record adjusted net income of $226.5 million or $0.20 per share in the second quarter of 2011, above last year’s $111.4 million or $0.16 per share, outpacing...
(GG) Goldcorp Quarterly Earnings Report Meets Consensus
Goldcorp Inc.’s (GG) reported net earnings were $489 million in the second quarter of 2011 compared with $524 million in the second quarter of 2010. Adjusted net earnings were $420 million, or 52 cents per...
(GM) Metals & Mining Stock Outlook – July 2011 – Industry Outlook
Overview
The Metals & Mining industry encompasses the extraction (mining) as well as the primary and secondary processing of metals and minerals such as aluminum, gold, precious metals, coal and steel. The industry is oligarchic in structure,...
(ABX) Barrick Gold to Win $3.3 Billion Mining Rights
Barrick Gold Corporation (ABX) and its Chilean-based partner Antofagasta are likely to succeed mining rights for a $3.3 billion copper and gold project in Pakistan.
Tethyan Copper Co. (TCC), a joint...
(NEM) Newmont Mining Under Review in Jakarta by the Corruption Eradication Commission
The U.S. mining group, Newmont Mining Corp. (NEM) is under scanner in Jakarta by the Corruption Eradication Commission (KPK) for breaching rules on the foreign ownership of mining assets.
The officials...
(AEM) Agnico-Eagle Mines Mine Output Unscathed by Fire
Toronto based Agnico-Eagle Mines (AEM) announced that gold production at its Meadowbank operation in Canada’s Nunavut territory will be around 50% higher in the second half of 2011 compared with the...
(NEM) Newmont Mining Analyst Downgrades Shares to Neutral
Despite the excellent first-quarter 2011 results provided by Newmont Mining Corporation (NEM), we are downgrading our recommendation from Outperform to Neutral based on a number of challenges that the company...
(NEM) Indonesia Divesting Newmont Mining Stake
The Indonesian government announced that it will sell part of a 7% stake it will buy in the Indonesian unit of Newmont Mining Corp. (NEM) to local governments.
According to Reuters, the move is...
(KGC) Kinross Gold Invests in Edgewater Exploration
The Canadian mining company Kinross Gold Corporation (KGC) announced that it intends to purchase 625,000 units of Edgewater Exploration Ltd. in a private placement, for C$500,000.The private placement is subject...
(NEM) Newmont Sells Stake to Government
Newmont Mining Corp. (NEM) sold its 7% stake in PT Newmont Nusa Tenggara (NNT), partly owned by Newmont and Japan’s Sumitomo Corporation to the government.
NNT plans to raise about $500 million...
(GG) Goldcorp 2011 First Quarter Profit Surges
Goldcorp Inc.’s (GG) reported net earnings in the first quarter of 2011 were $651 million compared with $232 million in the first quarter of 2010. Adjusted net earnings were $397 million,...
(ABX) Barrick Gold’s First Quarter 2011 Shows Profit
Barrick Gold Corp. (ABX) posted record first-quarter 2011 results driven by higher gold sales volumes and higher prices for both gold and copper. The first quarter reported a net income of $1.0 billion or...
(ABX) Barrick Gold Moves into Copper Mining
by Tony D’Altorio, Investment U Research
Friday, April 29, 2011
Barrick...
(ABX) Company News for April 26, 2011 – Corporate Summary
• Netflix, Inc. (NASDAQ:NFLX) reported first quarter 2011 diluted earnings of $1.11 per share, surpassing the Zacks Consensus Estimate of $1.07 per share and 88.1% higher than the prior year quarter. Total revenue...
(KGC) Kinross Gold Announces Investment in Ecuador Mine
Canadian Mining company Kinross Gold Corporation (KGC) plans to invest $1.1 billion in its Fruita Del Norte project in Ecuador until 2016.
The Fruita Del Norte Project is likely to produce 410,000 gold...