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Newmont Mining

Gold and Silver Edge Lower As QE Chatter Heats Up

On Tuesday, gold ( NYSEARCA:GLD ) futures for June delivery, the most active contract, dipped $6.50 to close at $1,377.60 per ounce, while silver ( NYSEARCA:SLV ) futures for July decreased 13 cents to finish at $22.46.Both precious metals were relatively stable as more central bankers grab headlines.Federal Reserve Bank of St. Louis President James Bullard said the central bank should "continue with the present quantitative easing program, adjusting the rate of purchases appropriately in view of incoming data on both real economic performance and inflation."Are you worried about the Debt Ceiling? Click here to get our Gold & Silver Premium Newsletter OVER 50% OFF now !Meanwhile, Federal Reserve Bank of New York President William C. Dudley said he was not sure if the central bank should increase or decrease its monthly bond purchases. In a speech, he explains, "Because the outlook is uncertain, I cannot be sure which way – up or down – the next change will be."By the end of the day, pr...

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  1. Newmont Mining 1st-Quarter Net Down 36% as Gold Production Falls

    Newmont Mining Corp.'s (NEM) first-quarter profit fell 36% as the gold-mining company reported that its gold production declined.Newmont, the world's second-biggest ...

  2. Gold and Silver Start Week in Positive Territory

    On Monday, gold ( NYSEARCA:GLD ) futures for June delivery, the most active contract, increased $13.80 to close at $1,467.40 per ounce, while silver ( NYSEARCA:SLV )...

  3. Gold and Silver Log Best Day of 2013

    On Thursday, gold ( NYSEARCA:GLD ) futures for June delivery, the most active contract, jumped $38.30 to close at $1,462.00 per ounce, while silver ( NYSEARCA:SLV ) ...

  4. Peru's Buenaventura: Conga Project May Be Complicated by Low Mineral Prices

    Peruvian precious metals miner Compania de Minas Buenaventura SAA (BVN, BUENAVC1.VL) said Thursday that development plans for its Minas Conga copper and gold project...

  5. Newmont Mining Cuts Dividend As Gold Slides

    Newmont Mining Corp. said late Thursday it cut its quarterly dividend to 35 cents a share. The new dividend, which is linked to the price of gold, is based on an ave...

  6. Gold Plunges 7% for the Week

    On Friday, gold ( NYSEARCA:GLD ) futures for June delivery, the most active contract, increased $3.10 to close at $1,395.60 per ounce, while silver ( NYSEARCA:SLV ) ...

  7. Gold Dodges Broad Market Pullback

    On Thursday, gold ( NYSEARCA:GLD ) futures for June delivery, the most active contract, gained $9.80 to close at $1,392.20 per ounce, while silver ( NYSEARCA:SLV ) f...

  8. Gold and Silver Continue to Struggle

    On Wednesday, gold ( NYSEARCA:GLD ) futures for June delivery, the most active contract, declined $4.70 to close at $1,382.70 per ounce, while silver ( NYSEARCA:SLV ...

  9. MARKET SNAPSHOT: U.S. Stocks Lose Most In 5 Months On China

    U.S. stock indexes fell the most in five months Monday, swept up in a rush out of gold, oil and other commodities, after reports from China showed the industrial gia...

  10. Heavily-shorted Cliffs Natural Takes a Beating

    Mining companies took a beating Monday, led by Freeport-McMoRan and Cliffs Natural Resources , as investors continue to shun the materials sector in 2013 due to a sl...

  11. MARKET SNAPSHOT: U.S. Stocks Caught In Resource Stampede

    U.S. stocks Monday were on track for their worst day in seven weeks, with the Dow industrials at one point falling more than 200 points, after data pointing to a Chi...

  12. Gold Melts as Wall Street Turns Bearish

    Gold bugs thrive on a sense of panic to push their view that gold is the safest investment of all. But who's panicking now?"Everybody wants out," said Darin Newsom, ...

  1. Four Things Einhorn, Soros Are Forgetting About Gold Miners ETF

    Highlighting fourth-quarter 13F filings with the Securities and Exchange Commission, it was noted hedge fund legends David Einhorn and George Soros held sizable stak...

  2. Gold Posts 6th Consecutive Loss, Hedge Funds Still Interested?

    On Thursday, gold ( NYSEARCA:GLD ) futures for June delivery, the most active contract, declined $9.30 to close at $1,386.90 per ounce, while silver ( NYSEARCA:SLV )...

  3. Gold and Silver Stumble as U.S. Dollar Climbs Higher

    On Friday, gold ( NYSEARCA:GLD ) futures for June delivery, the most active contract, dropped $32.00 to close at $1,436.60 per ounce, while silver ( NYSEARCA:SLV ) f...

  4. Newmont's New Zealand Operation Gets Go Ahead for US$200 Million Mine

    Newmont Waihi Gold Ltd., part of Newmont Mining Corp. (NEM), has been given permission to mine gold and silver below a residential area on the east coast of New Zeal...

  5. Gold and Silver Hold Steady After Employment Report

    On Friday, gold ( NYSEARCA:GLD ) futures for June delivery, the most active contract, dipped $3.40 to close at $1,464.20 per ounce, while silver ( NYSEARCA:SLV ) fut...

  6. Peru's Buenaventura Says Cutting Costs, Chucapaca Gold Project to Proceed

    Compania de Minas Buenaventura SAA (BVN, BUENAVC1.VL) has started cutting costs at its operations, the precious metals producer's chief executive said Tuesday."We ar...

  7. U.S. Stocks Seen Down after S&P Hits New High

    From MARKET TALK:0848 GMT [Dow Jones] US stocks are set for a weaker start Tuesday after the S&P 500 recorded a new all-time closing high in the previous session, sa...

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