Tuesday, 24 Nov 2009 | Posted By:
Scott Cohn | Source: CNBC.com
With gold trading at record highs, Newmont Mining's Twin Creeks mine is one valuable piece of property. And the company is mining it for all it is worth.
Monday, 23 Nov 2009 | Source: The Associated Press
Newmont Mining has agreed to sell a 14 percent stake in an Indonesian gold mine for $494 million, ending a years-long dispute with the Indonesian government over how the mining company should sell shares as required under its contract to operate in the country.
Gold prices hit its record high early Thursday at above $1,120, but in today’s dollars and on an inflation-adjusted basis, the precious metal is still 50 percent off its record high... Read More
Gold hit a new nominal high near $1,100 an ounce on Friday, and Michael Dudas, metals and mining analyst at Jeffries & Co., thinks the precious metal has further to go... Read More