Category Archives: Newmont Mining NYSE:NEM

Mine Industry Jobs in Australia

Australia is rich in its resources. There are lot of gold mines and iron mines in Australia, so there are lot of opportunities in Australia for work as a labour or work as a engineer in mine or oil rigs. Forklift operators, Metal fabricators and pipe fitters has great chances to get employment in Australia. […]

Company Profile: New Mont Mining Corp (NYSE:NEM)

The company is among the world’s top gold producers (with Barrick and Goldcorp.), following acquisitions in Canada, Bolivia, and Australia. Newmont produces some 6.5 million ounces of gold annually; it has proved and probable reserves of more than 85 million ounces of gold. Other metals that the company mines include copper, silver, and zinc; it […]

Gold Soars, Small Cap Gold At Lows

Gold is soaring to new all time highs today as the SPDR Gold Trust (ETF) (NYSE:GLD) is higher by over 1% again. The previous 52 week high on the GLD was 2.45.  Today, the high so far is 3.33.  Spot gold is at ,259.90, +.40.  This run in gold is most likely not even close […]

Earnings Report: Newmont Mining Whiffs Estimates And Reiterates Gold Production Outlook (NEM)

Newmont Mining (NYSE:NEM)reported Q2 EPS of Newmont Mining (NYSE:NEM) reported a fiscal first quarter net income of 6 million, or .11 per share, up from 9 million, or .40 per share, in the year-ago period. The company reported adjusted earnings of .83 per share. On average, analysts estimated first quarter net income of .79 per […]

Are The Markets On Pause for Bernanke?

Since late August 2010, the major stock market indexes have rallied sharply higher. The catalyst for the rally was the announcement of QE-2(quantitative easing) by the Ben Bernanke in Jackson Hole, Wyoming. The U.S. Dollar Index has been declining sharply ever since that announcement and the stock markets have inflated higher. Now the Bernank will […]