http://www.miningweekly.com

Global Mining News in real time

Newmont posts 9% rise in profit, Peru project remains suspended

By: Henry Lazenby NYSE- and TSX-listed Newmont Mining on Friday reported a 9% increase in first-quarter profit to $561-million, or $1.13 a share, keeping within its expectation for the year. The multinational gold miner lifted revenue for the quarter by 9%, to $2.7-billion, outpacing higher labour and power costs... 

Riding out commodity uncertainty, producers limit output, close plants

By: Matthew Hill While mining firms enjoyed massive profits last year as commodity and metals prices remained elevated in the first half of 2011, the US debt downgrade in August and the eurozone’s wobbles have brought about fresh fears. 

Newmont's novel gold-linked dividend gets the spotlight

By: Matthew Hill Newmont Mining’s gold price linked dividend has received praise from analysts who said on Friday the industry “has gotten the message” that shareholders want better payouts. “From our perspective, the gold industry is changing for the better,” Jeffries analyst Peter Ward said. 

First
Prev
1
Next
Last

Latest News

more

Latest Videos

more

About

Mining Weekly is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on MiningWeekly.com is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
R/€ = 14.22Change: -0.23
R/$ = 11.16Change: -0.09
Au 1240.10 $/ozChange: -4.17
Pt 1243.50 $/ozChange: -18.70