Barrick Gold Corporation (USA)(NYSE:ABX) Focused On Reducing Debt

Miner firms including Barrick Gold Corporation (USA)(NYSE:ABX) are focused on boosting efficiency and reducing debt after a 40% decline in gold prices, leaving investment bankers expecting a wave of consolidation in the coming period. Still, while merger and acquisitions activity has been at a lower side of late, major producers like Barrick Gold, and Newmont […]

Gold Leaching At Barrick Gold Corporation (USA)(NYSE:ABX)’s Veladero Mine To Remain Suspended

Barrick Gold Corporation (USA)(NYSE:ABX) reported Pablo Oritja, a judge instructed them that gold leaching at company’s Veladero mine in Argentina will stay suspended until they provide an improved technical maintenance and inspection design after a defective valve resulted in a cyanide leak. The decision Oritja initially stated a five-day halt to the gold leaching operations, […]

Newmont Mining Corp (NYSE:NEM) Running Out Of Time For Renewing Indonesian Copper Export Permit

Bambang Gatot, the Director General of the Ministry of energy and mineral resources’ Coal and Minerals department in Indonesia said recently that Newmont Mining Corp (NYSE:NEM) is on time crunch in renewing its new export permit here. The mine ministry officer said that the U.S. miner needs to submit its official progress report to the […]

Newmont Mining Corp (NYSE:NEM) Becomes the Leading Sustainable Mining Company

Newmont Mining Corp (NYSE:NEM) has been bestowed upon with the prestigious honor of being titled as the industry leader by “Dow Jones Sustainability World Index”. This was the ninth time, in a row, that the company made it to the prestigious list. The list included a total of 317 companies, from around the world. Furthermore, […]

Newmont Mining Corp (NYSE:NEM) Ranked Mining Industry Leader by DJSI World

Newmont Mining Corp (NYSE:NEM) performance was recorded as one of the best performances among the 10% of the largest companies in the world. The company was ranked by the leading Dow Jones Sustainability World Index as the leader in mining industry in terms of overall sustainability. With this, the company got featured on the index […]

Newmont Mining Corp (NYSE:NEM) In Talks to Acquire Additional Gold Mines from AngloGold Ashanti

Newmont Mining Corp (NYSE:NEM) has had an amazing 1Q2015, despite the fact that other miners have been suffering the losses of falling gold prices. The company now aims to make use of its strong financial position to acquire two additional mines from AngloGold Ashanti. The two mines are namely Cripple Creek and Victor Mine, located […]

Indonesia Looking Forward To Smelter Supply Deal With Freeport-McMoran Inc (NYSE:FCX) Before Newmont Mining Corp (NYSE:NEM) Resumes Export

Boston, MA 08/28/2014 (wallstreetpr) – Indonesia is looking up for copper miners such as Freeport-McMoRan Inc (NYSE:FCX) and Newmont Mining Corp (NYSE:NEM) to extract a deal on the concentrate supply for scheduled smelter before the latter can start up with exports. Exports to Resume The U.S.-based Newmont, is at present, operating its Batu Hijau copper mine […]

Why Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX) May Not Resume Copper Export In Indonesian Soon

Boston, MA 07/09/2014 (wallstreetpr) – Presidential election in Indonesia is likely to make it difficult for Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX) to conclude its talk with the government to resume copper export soon. Although the talks have already moved an important step with an agreement on a memorandum of understanding (MoU), the dispute is […]

Most Mentioned: Yamana Gold Inc. (USA) (NYSE:AUY), Zoetis Inc (NYSE:ZTS), Newmont Mining Corp (NYSE:NEM)

Boston, MA 06/04/2014 (wallstreetpr) – In The Globe and Mail’s top-paid Canadian CEOs ranking, Yamana Gold Inc. (USA) (NYSE:AUY) boss Peter Marrone has emerged as the highest paid mining CEO in this year’s list. Overall, Mr. Marrone ranked at No. 15 out of 100 most paid CEOs in Canada. The development comes at a time […]

Newmont Mining Corp (NYSE:NEM) Halts Copper Output At Batu Hijau Mine In Indonesia

Boston, MA 06/03/2014 (wallstreetpr) – Newmont Mining Corp (NYSE:NEM) announced that it had brought the production of copper concentrate at its Batu Hijau mine based in Indonesia to a standstill. The company undertook this action as an impasse continues over contentious mining rules that have suspended concentrate exports since mid-January. Storage Facilities Complete Newmont Mining […]

Newmont Mining Corp (NYSE:NEM) – Aftereffect Of The Cyclonic Sustainability Report

Boston, MA 04/24/2014 (wallstreetpr)  –  The U.S. based Newmont Mining Corp (NYSE:NEM) primarily deals with mining of Gold. The company has scheduled their Annual Shareholder meeting on April 23, 2014, just a day prior to the company’s 1Q2014 earning release.  Newmont announced their quarterly dividend On April 23, 2014 the company also affirmed their quarterly […]

Barrick Gold Corporation (USA) (NYSE:ABX) : A Potential Merger

Boston, MA 04/24/2014 (wallstreetpr) – Barrick Gold Corporation (USA) (NYSE:ABX) is in discussions with Newmont Mining Corp (NYSE:NEM) about a potential merger. Though there was news that the talks have been hit by a roadblock, insiders have confirmed that both parties are willing to close the deal, and another round of talk is likely to resume […]

Newmont Mining Corp (NYSE:NEM) And Barrick Gold (NYSE:ABX) Fail To Agree On Merger

Boston, MA 04/21/2014 (wallstreetpr) – Newmont Mining Corp (NYSE:NEM) is a $12 billion gold mining company. The company entered into merger talks with Barrick Gold Corporation (USA) (NYSE:ABX). The central idea in the merger talks between the companies was about financial savings in the face of soft demand for gold, oversupply of the commodity and weak […]

Newmont Mining Corp (NYSE:NEM) Extends $3 Billion Corporate Revolver and Closes its Term Loan

Boston, MA 04/07/2014 (wallstreetpr) – Newmont Mining Corp (NYSE:NEM) has closed its five year amortizing long term loan worth $575 million, proceeds from the loan will be used to repay the company’s convertible debt that is to mature in July 2014. The company has also announced it has renewed its $3 billion corporate revolving credit facility […]

Stocks in the Headlines: Cabot Oil & Gas Corporation (NYSE:COG), Comcast Corporation (NASDAQ:CMCSA), Newmont Mining Corp (NYSE:NEM)

Boston, MA 02/24/2014 (wallstreetpr) – Cabot Oil & Gas Corporation (NYSE:COG) released encouraging results last week that left investors to have a second look at oil and gas stocks. Also, the company’s results revealed interesting strategy that could help other struggling oil and gas stocks. COG announced that its profit jumped 91 percent in the […]