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	<title>Stock Blog Hub &#187; Newmont Mining Corp.</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>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=15640</guid>
		<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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		</item>
		<item>
		<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>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=15488</guid>
		<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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		</item>
		<item>
		<title>(ABX) Barrick Gold to Remove Hedges</title>
		<link>http://www.stockbloghub.com/2009/09/09/abx-barrick-gold-to-remove-hedges/14700</link>
		<comments>http://www.stockbloghub.com/2009/09/09/abx-barrick-gold-to-remove-hedges/14700#comments</comments>
		<pubDate>Wed, 09 Sep 2009 21:58:08 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[ABX]]></category>
		<category><![CDATA[AngloGold Ashanti Ltd.]]></category>
		<category><![CDATA[AU]]></category>
		<category><![CDATA[Barrick Gold Corporation]]></category>
		<category><![CDATA[NEM]]></category>
		<category><![CDATA[Newmont Mining Corp.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=14700</guid>
		<description><![CDATA[On September 8th, the world’s largest gold producer, Barrick Gold Corporation (ABX), announced its plans to raise $3 billion from a share offering and use the proceeds to pay off its gold hedges. As of September 7, 2009, Barrick’s gold sales contracts &#8212; which comprise gold hedges and floating contracts &#8212; totaled 9.5 million ounces with a mark-to-market position of negative $5.6 billion. To pay off the hedges, Barrick Gold has entered into an agreement with a syndicate of underwriters for a bought deal public offering for gross proceeds of about $3.0 billion, representing 81.2 million common shares at a price of $36.95 per share. Barrick Gold intends to use $1.9 billion of the net proceeds to eliminate all of its fixed priced gold contracts within the next 12 months ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(GG) Goldcorp Receives Certificate</title>
		<link>http://www.stockbloghub.com/2009/09/08/gg-goldcorp-receives-certificate/14645</link>
		<comments>http://www.stockbloghub.com/2009/09/08/gg-goldcorp-receives-certificate/14645#comments</comments>
		<pubDate>Wed, 09 Sep 2009 00:24:03 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[ABX]]></category>
		<category><![CDATA[Barrick Gold Corporation]]></category>
		<category><![CDATA[GG]]></category>
		<category><![CDATA[Goldcorp Inc.]]></category>
		<category><![CDATA[KGC]]></category>
		<category><![CDATA[Kinross Gold Corp.]]></category>
		<category><![CDATA[NEM]]></category>
		<category><![CDATA[Newmont Mining Corp.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=14645</guid>
		<description><![CDATA[Canada’s leading gold producer, Goldcorp Inc. (GG), recently announced that its Marlin mine in Guatemala has received certification under the International Cyanide Management Code for the use of cyanide for the production of gold. Marlin is Goldcorp&#8217;s third gold mine to receive full certification. The Marigold mine in Nevada was the first gold mine in the world to be fully certified under the Cyanide Code, followed by El Sauzal mine, which was the first gold mine in Mexico to be fully certified. The Cyanide Code is a voluntary industry program for companies involved in the production of gold using cyanide, developed with the support of the United Nations Environment Program. This apart, Goldcorp is consistently acquiring shares in Osisko Mining Corporation, a junior gold mining company in Canada. According to ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(NEM) Newmont Mining Corporation Obtains Permit</title>
		<link>http://www.stockbloghub.com/2009/09/08/nem-newmont-mining-corporation-obtains-permit/14650</link>
		<comments>http://www.stockbloghub.com/2009/09/08/nem-newmont-mining-corporation-obtains-permit/14650#comments</comments>
		<pubDate>Wed, 09 Sep 2009 00:18:20 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[NEM]]></category>
		<category><![CDATA[Newmont Mining Corp.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=14650</guid>
		<description><![CDATA[Newmont Mining Corporation (NEM) has announced today that its Indonesian unit, PT Newmont Nusa Tenggara (PTNNT) has obtained an essential land-use permit, which will allow it to continue its mining operation as planned. Newmont Nusa Tenggara had previously warned that it might have to slow down its mining activity this year and halt it completely by 2010 if it did not obtain the permit. The land-use permit, which has a validity of 20 years, provides certainty for Newmont’s operation to continue its performance as previously planned in the Contract of Work with the Government of Indonesia . Under the contract, 51% of PTNNT’s share in the Batu Hijau mine must be offered for sale – first to the Indonesian Government and next to Indonesian nationals – by March 31, 2010. ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(ABX) Barrick Gold Delays Construction</title>
		<link>http://www.stockbloghub.com/2009/09/04/abx-barrick-gold-delays-construction/14475</link>
		<comments>http://www.stockbloghub.com/2009/09/04/abx-barrick-gold-delays-construction/14475#comments</comments>
		<pubDate>Fri, 04 Sep 2009 23:14:59 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[ABX]]></category>
		<category><![CDATA[AngloGold Ashanti Ltd.]]></category>
		<category><![CDATA[AU]]></category>
		<category><![CDATA[Barrick Gold Corporation]]></category>
		<category><![CDATA[NEM]]></category>
		<category><![CDATA[Newmont Mining Corp.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=14475</guid>
		<description><![CDATA[Recently, the media reported that Canadian gold miner Barrick Gold Corporation (ABX) has delayed construction of its Pascua Lama mining project in Chile due to pending environmental permits. In July of this year, Barrick Gold had announced the start of the construction of Pascua Lama, on the border of Chile and Argentina, before September. The project was approved by the Chilean environmental impact evaluation system through a resolution issued in 2006. However, the resolution also determined that the initiative needed to meet a number of environmental conditions and requirements before construction could start. Environmentalists have criticized Pascua Lama, claiming that operations at the mine will affect the water resources in the vicinity. However, the company has denied the claims and notified that it plans to set up monitoring points to ]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>(NEM) Metals &amp; Mining &#8211; Analyst Interviews &#8211; higher consumption of metals in the Asia Pacific region</title>
		<link>http://www.stockbloghub.com/2009/07/29/nem-metals-mining-analyst-interviews-higher-consumption-of-metals-in-the-asia-pacific-region/11516</link>
		<comments>http://www.stockbloghub.com/2009/07/29/nem-metals-mining-analyst-interviews-higher-consumption-of-metals-in-the-asia-pacific-region/11516#comments</comments>
		<pubDate>Wed, 29 Jul 2009 18:35:43 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[Harmony Gold Mining Company Ltd.]]></category>
		<category><![CDATA[HMY]]></category>
		<category><![CDATA[KGC]]></category>
		<category><![CDATA[Kinross Gold Corp.]]></category>
		<category><![CDATA[NEM]]></category>
		<category><![CDATA[Newmont Mining Corp.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=11516</guid>
		<description><![CDATA[Overview &#8211; Neutral OPPORTUNITIES The overall metals industry structure is rather concentrated, with a few producers being a high proportion of sales. There is higher consumption of metals in the Asia Pacific region, especially China and India. This is due to per capita consumption rising towards U.S./European levels, which could theoretically double metals demand in these regions in the longer-term. There are vastly improved balance sheets with solid liquidity, which is starting to create some merger and acquisition activity. Production cuts of up to 35% are occurring to keep operating rates in the low-80s and keep the market balanced. As of now, this has not had significant positive impact, but it may have kept the market from being worse that it already is. WEAKNESSES Prices have peaked due to the ]]></description>
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