Wednesday, April 7, 2010 as of 11:14 AM ET
Newmont Mining Corporation (, ), based in Denver, Colorado, USA, is one of the world's largest producers of gold, with active mines in Nevada, Indonesia, Australia, New Zealand, Ghana and Peru.
Read More at Wikipedia ›Newmont Mining Corp.
(NEM) has pushed back the start date of its $4.8 billion Minas Conga copper and gold project in Peru, the company said.Newmont said in a presentation posted on its website that first potential production for Minas Conga is now scheduled for early 2017. The company had previously said that it expected production to start in late 2014 or early 2015.Production is seen at an average annual output during the first five years of 580,000 to 680,000 ounces of gold and 155 million to 235 million pounds of copper.Minas Conga has been on hold since November due to pressure from local politicians and residents who oppose the project over environmental concerns. The company denies that the project would harm the environment, including the supply of water.A government-commissioned review of Minas Conga's environmental impact study by three international consultants resulted in recommendations to improve the project's environmental impact study. The EIS was approved by the govern...On Tuesday, gold ( NYSEARCA:GLD ) futures for June delivery declined $3.90 to settle at $1,557.10 per ounce, its lowest close of the year. Meanwhile, silver ( NYSEAR...
These stocks are up on high volume today:Ingersoll-Rand (NYSE:IR) saw its price spike on above-average volume today, as 13.6 million shares, which is 3.3 times the s...
On Wednesday, gold ( NYSEARCA:GLD ) futures for June delivery declined $10.30 to settle at $1,594.20 per ounce, while silver ( NYSEARCA:SLV ) futures fell 22 cents t...
FBN’s Nicole Petallides breaks down the day in the markets.
On Tuesday, gold ( NYSEARCA:GLD ) futures for June delivery declined $34.60 to settle at $1,604.50 per ounce, while silver ( NYSEARCA:SLV ) futures fell 66 cents to ...
Here are the nine most popular stocks that hit 52-week lows:The share price of Newmont Mining (NYSE:NEM) sunk today, reaching and then falling even farther past its ...
Prime Minister Oscar Valdes said work will be able to restart at the stalled Minas Conga copper and gold project as soon as the company decides whether it will imple...
On Friday, gold ( NYSEARCA:GLD ) futures for June delivery increased $10.40 to settle at $1,645.20 per ounce, while silver ( NYSEARCA:SLV ) futures gained 42 cents t...
Newmont Mining Corp. (NEM) is seeking to prolong the life of its Boddington gold operation in Western Australia state by at least 15 years, until 2052, a spokesman s...
On Wednesday, gold ( NYSEARCA:GLD ) futures for June delivery declined $8.40 to settle at $1,654 per ounce, while silver ( NYSEARCA:SLV ) futures fell 29 cents to cl...
On Monday, gold ( NYSEARCA:GLD ) futures for June delivery edged 60 cents lower to settle at $1,664.20 per ounce, while silver ( NYSEARCA:SLV ) futures fell 39 cents...
Newmont Mining Corp. (NEM) is evaluating the recommendations from the Peruvian government and consultants regarding the company's stalled Minas Conga project in Peru...
Peru's mining sector continues to attract robust investment interest, with an estimated $35.6 billion currently committed to new projects, of an expected $53 billion...
On Monday, gold ( NYSEARCA:GLD ) futures for June delivery edged $3.20 lower to settle at $1,588.70 per ounce, while silver ( NYSEARCA:SLV ) futures declined 39 cent...
Gregorio Santos, one of the main opponents of Newmont Mining Corp.'s (NEM) Minas Conga copper and gold project, has announced the creation of a new political group t...
On Friday, gold ( NYSEARCA:GLD ) futures for June delivery increased $17 to settle at $1,591.90 per ounce, gaining 0.5 percent for the week. Meanwhile, silver ( NYSE...
On Wednesday, gold ( NYSEARCA:GLD ) futures for June delivery declined $20.50 to settle at $1,536.60 per ounce, its lowest level since July. Meanwhile, silver ( NYSE...
At the end of 2011, gold prices finished almost 20 percent below their all-time nominal highs made in September. European concerns and liquidation actions sent inves...
These nine stocks fell to 52-week lows:While trading on above-average volume, Vale (NYSE:VALE) declined today, hitting and then dropping past its previous 52-week lo...
Quotes delayed at least 15 minutes. Real-time quotes provided by BATS Exchange. Market Data provided by Interactive Data (Terms & Conditions). Powered and Implemented by Interactive Data Managed Solutions. Company fundamental data provided by Morningstar. Earnings estimates data provided by Zacks. Mutual fund data provided by Lipper. Economic data provided by Econoday. Dow Jones & Company Terms & Conditions.
This material may not be published, broadcast, rewritten, or redistributed. ©2012 FOX News Network, LLC. All rights reserved.
