The biggest winner was Anglo American (LON:AAL), which briefly posted its biggest ever one-day percentage gain, closing later still 15% up compared to the previous session.
Newmont Mining Mining News
Top miners BHP Billiton, Rio Tinto, Vale and Anglo American are among the firms at risk of rating downgrade.
The precious metal is building on gains from earlier in the week, triggered mainly by escalating geo-political tensions in the Middle East and North Korea’s nuclear test.
World's number two gold producer forecasts lower costs and "steady profitable production through 2020".
Exports suspended for nearly two months over building of smelter.
The former president says lack of immediate benefits for communities has driven mining opposition causing the country to lose billions worth of gold and copper projects.
Also approves expansion of Tanami mine in Australia.
The company's president, Kelvin Dushnisky, said he expects the imminent sale of six U.S. assets to close before the end of the year.
Newmont was the first gold company named to the index in 2007, and has been included on the DJSI North America Index every year since 2006.
The yellow metal was on the brink of five-year lows on Tuesday, with further losses expected in the coming months.
AngloGold Ashanti, the world’s third-largest gold producer, climbed its most in seven months after selling its Cripple Creek & Victor mine to Newmont Mining.
The deal also includes a $5 million contingent payment and a 1% royalty on a recent discovery north of Waihi’s current operations.
The sale would be one of the largest of a U.S. gold mine since the price of the precious metal began falling in 2013.
Newmont Mining (NYSE:NEM) has sold its only mine in New Zealand, the Waihi gold mine, to OceanaGold (TSX, ASX:OGC), the companies announced last Thursday.
Pick one: long gold or short gold?
Newmont, Kinross, Goldcorp and Iamgold among the companies said to be interested in all of part of Cripple Creek & Victor mine.
Denver-based firm is going ahead with building the first phase of its Long Canyon gold mine expected to produce 100,000oz–150,000oz a year over 8 years.
New human rights tool will shed light on the events leading to the paralysis of Peruvian farmer during repression of 2011 protest.
Gold Canyon’s (TSX.V: GCU) Ontario, Canada Springpole project may be the next shiny set of shoes about to be scooped up.
What? No writedowns and $1.5 billion operating cashflow?
The deals that were and those that failed. Here is MINING.com’s shortlist.
The U.S. largest miner by market value and revenue is also dealing with a strike threat at its Indonesia's Grasberg copper and gold mine, which recently resumed operations.
The future of the proposed $5 billion Conga copper and gold project in Peru remains in limbo as its main opponent was recently re-elected governor of the region where the project is situated.
Jailed Gregorio Santos is set to win the re-election in the country’s gold-rich Cajamarca region, casting fresh doubts on the future of the long-delayed copper and gold project.
Operations, however, won’t resume until at least Oct. 7.