All Posts Tagged With: "NEM"
(XLE) Stock Market News for March 26, 2012 – Market News
Energy and basic materials took the benchmarks modestly higher on Friday, snapping a three-day losing streak. However, meager gains failed to prevent the Dow and S&P 500 from suffering their worst weekly performance this year. Global economic concerns weighed on investors...
(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...
(EU) Stock Market News for January 12, 2012 – Market News
European debt concerns once again weighed down the markets and dragged the Dow slightly lower, while the S&P 500 and Nasdaq posted meager gains. Reports of Germany’s economy contracting during the end of 2011 and a downward revision of economic growth estimates by the...
(BAC) Stock Market News for December 15, 2011 – Market News
Spooked by European financial concerns and a sharp decline in commodity prices, benchmarks ended in negative territory for the third-straight day. Borrowing costs recorded euro-era highs and domestic economic data was not strong enough to negate lingering concerns.
The...
(FCX) Freeport-McMoRan Copper & Gold Strike Called Off
Workers at Freeport-McMoRan Copper & Gold (FCX) decided to end a strike at Peruvian copper mine Cerro Verde that began almost two months ago.
Union workers discontinued their work in September...
(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...
(AMR) Company News for October 12, 2011 – Corporate Summary
• Gold producer Newmont Mining’s (NYSE:NEM) shares fell 1.27% to close at $64.44 after the company announced the name of Gary Goldberg as its new COO. Mr. Goldberg was earlier associated with Rio Tinto (NYSE:
12Oct2011 | vitalstocks | 0 comments | Continued(AA) Stock Market News for September 29, 2011 – Market News
Benchmarks snapped their three-day winning streak as investors grew anxious about Europe’s lingering debt crisis that is now threatening the global economy. Commodity shares dragged down indices as energy and raw materials lost their sheen after a steep drop in their prices.
The...
(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...
(FCX) Freeport-McMoRan Copper & Gold Faces Labor Action
Workers at Freeport-McMoRan Copper & Gold‘s (FCX) Grasberg mine in Indonesia plan to go on strike in the coming days after talks with the company failed to resolve a pay dispute, a move that could...
(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...
(GDX) Why These Gold Mining Stocks Could Soar
by Matthew Carr, Investment U Commodities Specialist
Friday, August 12, 2011: Issue #1577
If you hold gold mining stocks in your portfolio, you’re probably a little miffed at the moment.
While the Dow Jones Industrial Average lost 1,880 points...
(HMY) Harmony Gold Mining Reports Fourth Quarter Loss
Harmony Gold Mining Co. Ltd. (HMY) recorded net loss of 1 cent per share in the fourth quarter ended June 2011 versus last quarter’s profit of 8 cents per share.
In fiscal year 2011, the company reported...
(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...
(AMGN) Debt Ceiling Debate and Dismal GDP Add To Market Stress
The debt debate continues to steal the spotlight from earnings and economic reports. The stock market has lost ground in recent days due to this uncertain environment even as corporate earnings reports have broadly come ahead of expectations.
With both sides in the...
(XLE) Stock Market News for July 14, 2011 – Market News
Remarks from the Federal Chairman came to the rescue of the markets on Wednesday after he indicated a possible third round of economic stimulus. Subsequently, the markets ended their four-day losing streak and benchmarks ended in the green. Moreover, an encouraging report...
(FCX) Freeport-McMoRan Copper & Gold Mine Workers on Strike
Thousands of workers kicked off a weeklong strike at Freeport-McMoRan Copper & Gold Inc.’s (FCX) gold and copper mine in eastern Indonesia, demanding higher wages and protesting...
(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,...