Newmont Mining Corp to seek Resources

Newmont Mining Corp. one of the world’s largest unhedged gold producers, reported that Gold prices are skyrocketing due to higher demand, U.S. trade/budget/currency issues and global instability. Declining grades are pushing up mining costs prompting the company to cut costs. We set a target of... Read more..

Newmont Mining Corp. on Mining Seeks Resources

Newmont Mining Corp, one of the world’s largest unhedged gold producers has reported that Gold prices are skyrocketing due to higher demand, U.S. trade/budget/currency issues and global instability. Declining grades are pushing up mining costs prompting the company to cut costs. We set a target... Read more..

Newmont Mining Corp; reverses loss, posts 2nd-qtr profit on higher gold sales at higher prices

Newmont Mining Corp., one of the world’s largest gold producers, told the press that The results were essentially in line with expectations and the stock closed up nearly 4 percent. “They just basically benefited from stronger gold prices,” Argus Research analyst Bill Selesky said.... Read more..

Newmont Mining reverses loss, posts 2nd-qtr profit on higher gold sales at higher prices

Newmont Mining Corp., one of the world’s largest gold producers told the press that it turned a profit in the second quarter as it sold more gold at higher prices. The results were essentially in line with expectations and the stock closed up nearly 4 percent. “They just basically benefited... Read more..

Outlook roundup: Newmont Mining backs ‘08 forecast, Build-A-Bear will meet St. expectations

Newmont Mining Corp., the world’s second-largest gold producer has told the press that the company has eiterated 2008 guidance for gold sales, although it said costs associated with the sales will vary depending on oil prices and foreign currency exchange rates. ST. LOUIS (AP) — Build-A-Bear... Read more..

Newmont Mining reiterates 2008 gold sales guidance of 5.1 million to 5.4 million ounces

Newmont Mining Corp., the world’s second-largest gold producer, is reported to have released a report saying that the company reiterated 2008 guidance for gold sales, although it said costs associated with the sales will vary depending on oil prices and foreign currency exchange rates. The Denver-based... Read more..

Global gold miner Newmont Mining to release second-quarter earnings

It is reported that Newmont Mining Corp., one of the world’s largest gold mining companies, reports second-quarter earnings on Thursday. The following is a summary of key developments and analyst opinion related to the period. The Denver-based mining company has benefited from rising gold prices... Read more..

Mexivada starts diamond mining at Kono, Sierra Leone; Larger diamond found at Lepandza, ROC Congo

Sierra Leone Projects: Mexivada Mining Corp. (MNV.V) has begun diamond mining near Koidu Town, in the heart of the famous, world class Kono mining district of Sierra Leone. Hundreds of millions of US Dollars worth of diamonds are produced from the district every year, including many fancy-colored stones.... Read more..

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UC Hub Group, Inc. Acquires Mining Assets From Tri-Star Holdings, Inc.

UC Hub Group, Inc. announce the companies have executed a formal asset acquisition and assignment agreement whereby UC Hub Group, Inc. will acquire certain mining assets from Tri-Star Holdings for stock in UC Hub Group, Inc. These mining contracts and assets include those in Arizona referred to as COS... Read more..

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Rare Element Resources-Newmont Gold Venture Makes Progress with 2008 Exploration Program

Rare Element Resources Ltd announces that the Sundance gold exploration project, which is a joint venture between Paso Rico (USA) Inc, a subsidiary of Rare Element Resources, and Newmont North America Exploration Limited, a subsidiary of Newmont Mining Corporation (Newmont), has completed additional... Read more..