Newmont Mining Mining News

Newmont Mining turns 95

Newmont Mining Corporation was officially incorporated on May 2, 1921.

Newmont Mining investigating bribery allegations

The gold and copper miner didn’t specified where the alleged misconduct took place.

Community opposition forces Newmont to abandon Conga project in Peru

The company has removed its massive gold and copper project Peru from its list of reserves in its annual filing with the U.S. Securities and Exchange Commission (SEC).

Indonesian group to buy control of Newmont unit for $2 billion

Panigoro, the founder of oil and gas firm PT Medco Energi Internasional Tbk, has agreed to buy a controlling stake in Newmont Mining Corp's local metals operations.

Top 3 gold miners get ratings boost but Goldcorp cut

Outlook also remains negative for Barrick, but Newmont's growing portfolio, $2 billion-plus earnings potential even at much lower gold prices praised.

Newmont sells stake in Australian gold miner for $182 million

The sale is part of Newmont’s ongoing efforts to reduce debt.

AngloGold Ashanti digs itself out of debt

The world’s third-largest gold producer returned to profit in the fourth quarter, did not manage to avert posting a net loss for 2015.

Newmont could overtake Barrick as top gold miner this year

Barrick's shrinking production profile could see output fall by 1.5m ounces within two years. World no 2 Newmont Mining forecasts 14% growth next year.

Wave of deals to shake the global gold industry in 2016 — report

Gold miners to keep cutting cost, team up amid unusual market conditions that will continue boosting deals, says BMI Research.

Indonesia to ease mineral export ban from 2017

The measure is part of a wider revision of the 2009 mining law that led to Indonesia's export edicts and other regulations.

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?