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Brian MacArthur

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

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...
30th April 2012
Diversified Miners

Riding out commodity uncertainty, producers limit output, close plants

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.
24th February 2012

Newmont's novel gold-linked dividend gets the spotlight

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,”...
28th October 2011
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