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	<title>Stock Blog Hub &#187; Compania de Minas Buenaventura</title>
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		<title>(NEM) Newmont Mining Boosts Reserves Forecasts</title>
		<link>http://www.stockbloghub.com/2009/09/18/nem-newmont-mining-boosts-reserves-forecasts/15640</link>
		<comments>http://www.stockbloghub.com/2009/09/18/nem-newmont-mining-boosts-reserves-forecasts/15640#comments</comments>
		<pubDate>Fri, 18 Sep 2009 23:51:07 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[AngloGold Ashanti Ltd.]]></category>
		<category><![CDATA[AU]]></category>
		<category><![CDATA[BVN]]></category>
		<category><![CDATA[Compania de Minas Buenaventura]]></category>
		<category><![CDATA[NEM]]></category>
		<category><![CDATA[Newmont Mining Corp.]]></category>

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		<description><![CDATA[Newmont Mining Corp. (NEM), the largest U.S. gold producer, is emphasizing on exploration near its existing mines in Nevada to bolster its reserves. Newmont is exploring 18 deposits near its existing mines, which could add 4 million to 7 million ounces to its gold reserves. Based in Colorado, Newmont is trying to boost reserves to benefit from historically high gold prices. In June, the company concluded its purchase of the remainder of the Boddington gold project, the largest in Australia, from AngloGold Ashanti Ltd. (AU). The $2.9 billion mine will have an annual capacity of about 1 million ounces at a projected cost of $300 an ounce. Newmont’s gold sales fell 5.7% to 1.2 million ounces in the second quarter. After which the company lowered the higher end of its ]]></description>
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		<title>(NEM) Newmont Mining is Cautious on New Mine</title>
		<link>http://www.stockbloghub.com/2009/09/17/nem-newmont-mining-is-cautious-on-new-mine/15488</link>
		<comments>http://www.stockbloghub.com/2009/09/17/nem-newmont-mining-is-cautious-on-new-mine/15488#comments</comments>
		<pubDate>Thu, 17 Sep 2009 18:15:57 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[BVN]]></category>
		<category><![CDATA[Compania de Minas Buenaventura]]></category>
		<category><![CDATA[NEM]]></category>
		<category><![CDATA[Newmont Mining Corp.]]></category>

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		<description><![CDATA[On Sept. 16, Newmont Mining Corp. (NEM) said it was still evaluating the decision to develop its Minas Conga copper-gold project in Northern Peru. Production at the mine was delayed due to the global economic downturn and credit crunch, which led to a higher projected cost for development. The world’s largest gold producer was scheduled to announce its decision in the first quarter of 2009. Newmont has a 40% share in the project, while Compania de Minas Buenvaventura SAA (BVN), Peru’s largest publicly traded precious metals miner, holds the rest. The Minas Conga mine has equity gold reserves of more than 6 million ounces and roughly 1.7 billion pounds of copper. Elsewhere in Peru, Newmont controls the Yanacocha gold pit, one of South American&#8217;s largest gold mines with a 51.35% ]]></description>
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