Newmont Mining Mining News

Happy day for miners: shares up by levels not seen since 2008

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.

Moody's puts 175 energy and mining firms on review as low prices bite

Top miners BHP Billiton, Rio Tinto, Vale and Anglo American are among the firms at risk of rating downgrade.

Gold hits seven-week high on global cues, miners soar

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.

Newmont shares jump on upbeat forecast

World's number two gold producer forecasts lower costs and "steady profitable production through 2020".

Newmont's Indonesian copper exports to restart

Exports suspended for nearly two months over building of smelter.

Peru's Garcia makes mining key pillar of his presidential campaign

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.

Newmont slashes costs, mines 16% more gold

Also approves expansion of Tanami mine in Australia.

Newmont, Kinross likely to buy Barrick’s US gold assets

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 ranked mining industry leader by Dow Jones sustainability world index

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.

Gold crash isn’t over — prices near five-year lows

The yellow metal was on the brink of five-year lows on Tuesday, with further losses expected in the coming months.

AngloGold shares surge after selling U.S. mine

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.

Newmont sells New Zealand mine to OceanaGold for $101 million

The deal also includes a $5 million contingent payment and a 1% royalty on a recent discovery north of Waihi’s current operations.

AngloGold, Newmont in talks over sale of Colorado mine

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 sells NZ gold mine for $106 million

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.

Picking undervalued gold equities is akin to picking strawberries: Randall Abramson

Pick one: long gold or short gold?

AngloGold a step closer to selling U.S. mine

Newmont, Kinross, Goldcorp and Iamgold among the companies said to be interested in all of part of Cripple Creek & Victor mine.

Newmont says opening new Nevada gold district

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.

Newmont Mining ordered to turn over evidence to Peruvian wounded in protest

New human rights tool will shed light on the events leading to the paralysis of Peruvian farmer during repression of 2011 protest.

Gold buyouts heat up; will Gold Canyon be next?

Gold Canyon’s (TSX.V: GCU) Ontario, Canada Springpole project may be the next shiny set of shoes about to be scooped up.

Newmont cheers gold mining investors

What? No writedowns and $1.5 billion operating cashflow?

The top mining mergers and acquisitions of 2014

The deals that were and those that failed. Here is’s shortlist.

Freeport-McMoRan's profit down 32% amid lower copper, gold prices

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.

Newmont’s Conga mine could remain halted until 2018

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.

Peru’s main opponent to Newmont’s Conga mine wins local elections

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.

Blockade lifted at Freeport Grasberg mine in Indonesia

Operations, however, won’t resume until at least Oct. 7.