Newmont Mining Corp. / NEM (NYSE)

    VANCOUVER, BRITISH COLUMBIA, Jan 29, 2007 (CCNMatthews via COMTEX) -- Homeland Precious Metals Corp. (HPME.F:homeland precious metals cor com new) is pleased to announce that, through its wholly owned Nevada subsidiary, Homeland Exploration, Inc., it has signed a definitive agreement with Newmont USA Limited, a subsidiary of Newmont Mining Corporation ("Newmont"), for the previously announced Water Canyon Project ("Water Canyon").
    The agreement, which will become effective February 1, 2007, will see Homeland spending $2.7 million over a five-year period for the rights to explore and develop Water Canyon for gold and other minerals. The agreement also allows Newmont to participate as a joint venture partner in the project through an earn-in process. By spending up to 350% of what Homeland has spent on the project as of the date when Newmont elects to become involved, Newmont can earn up to a 70% interest in the project.
    Located immediately adjacent to Newmont's Mule Canyon Mine Complex, the Water Canyon property consists of approximately 2,460 acres (approximately 4 sq. miles) which sits along strike of the Mule Canyon Complex. Situated in north central Nevada, Water Canyon lies within the world renowned Battle Mountain-Eureka Trend and Northern Nevada Rift. This area has seen prolific precious metal production since the early 1900's, and large-scale precious metal production continues to this day. The adjacent Mule Canyon Complex produced approx 0.5 million ounces of gold from six open pits over a 7 year period.
    Past results from cursory exploration by other companies are what compelled Homeland to enter into the agreement with Newmont for the Water Canyon property. Management believes that Water Canyon shows excellent exploration potential within the property position to develop near-surface reserves of Mule Canyon grades, and deeper potential for high-grade veins similar to the nearby Fire Creek deposit. Fire Creek, located on trend south-southeast of Water Canyon, has similar geologic characteristics and currently contains over 1 million ounces of gold at an average grade of 0.5 ounces per ton.
    "The acquisition of the Water Canyon Project with Newmont as a possible joint venture partner is definitely a milestone for our company," said Bruce Johnstone, President & CEO. "Its exploration will be a high priority for Homeland moving forward and has excellent potential for the discovery of a high-grade economic ore body."
    Initial exploration will consist of detailed geologic mapping, further geophysical surveys, and will be followed by a reverse circulation drilling program.

    Aurelio Expands Copper Zone with Property Acquisition from Newmont Mining


    Nineteen New Claims Staked


    LITTLETON, Colo., Feb 07, 2007 (BUSINESS WIRE) -- Aurelio Resource Corporation (AULO: aurelio resource corp com) is pleased to announce that it has reached an agreement in principle with Newmont Mining Corporation to purchase two of its patented mineral claims. These claims, known as the Banner claim and the Australia claim, are adjacent to Aurelio's 13 MAN claims in Arizona and allow Aurelio to further expand the Hill Copper Project, and its copper and zinc zone. Newmont has agreed to a purchase price of $100,000 U.S. and Aurelio agreed to give a 1% Net Smelter Returns Royalty on the patented claims as well as any properties Aurelio currently owns or acquires within a designated Area of Interest. In addition, Aurelio has given Newmont a Right of First Offer with respect to any option, joint venture, sale or any other disposition of property by Aurelio to a third party.

    DENVER, Feb 07, 2007 /PRNewswire-FirstCall via COMTEX/ -- The Board of Directors of Newmont Mining Corporation (NEM: Newmont Mining Corporation) today declared a regular quarterly dividend of $0.10 per share, payable March 29, 2007 to holders of record at the close of business on March 7, 2007.
    In addition, Newmont Mining Corporation of Canada Limited (CA:NMC: news, chart, profile) today declared a regular quarterly dividend of Cdn $0.1185 per share on its exchangeable shares, payable on March 29, 2007 to holders of record at the close of business on March 7, 2007.
    SOURCE Newmont Mining Corporation

    Feb 12, 2007 (Dow Jones Commodities News via Comtex) -- DOW JONES NEWSWIRES
    Compania de Minas Buenaventura S.A. (BVN) may earn a 60% stake in Newmont Mining Corp.'s (NEM) Breapampa project after investing $5 million to infill drill the property during the first 12 months.
    Buenaventura is Peru's largest metals mining company.

    Newmont Announces Seymour Schulich to Continue as Chairman of Newmont Capital but Will Not Stand for Re-Election to Newmont Board


    DENVER, Feb 12, 2007 /PRNewswire-FirstCall via COMTEX/ -- Newmont Mining Corporation (NEM: Newmont Mining Corporation) today announced that Mr. Seymour Schulich will remain as Chairman of Newmont Capital Limited (a Newmont subsidiary) and will continue to serve as a consultant to the Company, but will not stand for re-election to the Newmont Board of Directors at the Company's Annual Meeting of Stockholders in April 2007. Mr. Schulich was the Chairman and Co-Chief Executive Officer of Franco-Nevada Mining Corporation Limited, which was acquired by Newmont in 2002 in connection with the three-way merger of Newmont, Franco-Nevada and Normandy Mining Corporation.
    Mr. Schulich commented, "Since the merger of Newmont, Franco and Normandy, I have enjoyed participating in the building of a world-class gold company, and look forward to continuing my close association with the Company." Wayne W. Murdy, Chairman and Chief Executive Officer of Newmont said, "Seymour's contributions to the Company are immeasurable. The Board will miss his vast business experience and sharp wit; but we feel confident that he will continue to contribute to the exchange of ideas in his continuing role with the Company."
    SOURCE Newmont Mining Corporation

    TORONTO, ONTARIO, Feb 26, 2007 (CCNMatthews via COMTEX) -- Glass Earth Limited (CA:GEL) (NZAX:GEL) ("Glass Earth") wishes to announce that an Agreement has been entered into with Waihi Gold Company Limited (a subsidiary of Newmont Mining Corporation) whereby Newmont will explore Glass Earth's extensive permit area in the Hauraki Region, North Island, New Zealand.
    Glass Earth's Hauraki Region permit area lies immediately to the west and north of the Waihi / Martha Hill Mine, located at Waihi, North Island, New Zealand which is owned and operated by Newmont.
    15 advanced gold prospects lie in the Glass Earth / Newmont Joint Venture area within trucking distance of Newmont's Waihi gold plant; several of the targets have significant gold intercepts, such as:
    - At Wharekiriponga (WKP), DDH4 17.7m @ 4.0g/t Au (in 150m @ 0.93g/t Au) lies just two kms along-strike from the Golden Cross mine (produced 634,000 oz gold 1991 - 1997);
    - At Owharoa (historic production 63,334 oz), a 500m wide alteration zone is interspersed with innumerable quartz veins.
    The 10 million ounce Martha Hill Mine, owned by Newmont, is considered to be the "type" epithermal gold deposit and the kind of large epithermal gold deposit targeted by Glass Earth in its exploration program.
    Hauraki Region Joint Venture Agreement
    The Agreement terms provide that Newmont may earn an equity interest in each of the 3 sectors of the Hauraki Region (named Northern, Central and Southern) by undertaking exploration programs (including drilling) as follows:
    a) To earn an initial 65% equity in a venture area, by expending over a 4 year period;
    - NZ$1.65m (circa C$1.37m) on the Northern Hauraki Venture Area;
    - NZ$1.75m (circa C$1.45m) on the Central Hauraki Venture Area;
    - NZ$2.8m (circa C$2.3m) on the Southern Hauraki Venture Area.
    b) Newmont may elect to prepare a feasibility study to earn a further 10% in a venture area;
    c) Glass Earth may request that Newmont arrange Glass Earth's share of financing in return for a further 5% equity in a venture area;
    d) Glass Earth and Newmont will be liable (in proportion to their equity interests) for the Geoinformatics Exploration Inc 2% royalty on any production from identified and acknowledged targets in the Hauraki Region permit area.
    e) Newmont will be the operator
    Newmont will commence exploration activities immediately.
    Qualified Persons
    Glass Earth's exploration programmes are carried out under the supervision of Glass Earth's VP Exploration and Chief Operating Officer, Mr. Simon Henderson, M.Sc, M.AUSIMM. Mr. Henderson meets the qualified person requirements (as defined by National Instrument 43-101) with more than 30 years of experience in the gold mining and exploration industry.
    About Glass Earth Limited
    Glass Earth is one of the largest New Zealand-based gold exploration companies exploring a land position of over 31,000 square kilometres in the North and South Islands.
    - Glass Earth has another Joint Venture Agreement with Newmont for Newmont to fund the exploration in the Waihi West area adjacent to Newmont's Waihi / Martha Hill Mine.
    On the North Island, exploration efforts are focussed on the Hauraki / Central Volcanic Region. The Hauraki / Central Volcanic Region is host to the 10 million ounce gold Waihi / Martha Hill Mine, owned by Newmont Mining, which is considered the "type" epithermal gold deposit and the kind of large epithermal gold deposit targeted by Glass Earth.
    - Hauraki Region - With 15 advanced gold prospects, this region is host to the world-class epithermal gold deposit at the Waihi / Martha gold mine;
    - Mamaku-Muirs Region - With 17 recently-defined gold targets, this region includes the Muirs Reef prospect, which historically has produced more than 43,000 ounces of gold;
    - Central Volcanic Region - Glass Earth has defined 74 epithermal gold targets in this region, including 6 advanced drill-ready prospects in the process of being drilled; and
    On the South Island, exploration efforts are focussed on the Otago Region for mesothermal "Macraes-style" gold targets.
    - Otago Region - As Glass Earth's main gold region on New Zealand's South Island, a data collection/geophysical intervention over the recently awarded Otago Prospecting Permit and other areas and a targeting project commenced in January 2007. This region contains three near drill-ready mesothermal gold prospects.
    EXPLORATION REGIONS (See figure 1 - GEL exploration regions - overview map)
    Glass Earth Limited, headquartered in Toronto with New Zealand operations offices, is listed on the TSX Venture Exchange (CA:GEL: news, chart, profile) and the New Zealand Alternative stock exchange (NZAX:GEL).
    To view a copy of the map "Figure 1 - GEL exploration regions - overview map", please click the link below:
    http://www.ccnmatthews.com/docs/gelmap226.pdf
    SOURCE: Glass Earth Limited

    St Andrew Announces New Zealand Exploration Company Glass Earth Limited Enters Into Joint Venture Agreement With Newmont Mining Corporation


    OAKVILLE, ONTARIO, Feb 27, 2007 (MARKET WIRE via COMTEX) -- St Andrew Goldfields Ltd. (CA:SAS) ("St Andrew") announced today that its 50.2% owned New Zealand subsidiary, Glass Earth Limited (TSX VENTURE: GEL)(NZAX: GEL) ("Glass Earth"), has entered into an agreement with Waihi Gold Company Limited (a subsidiary of Newmont Mining Corporation) giving Newmont the right to explore Glass Earth's extensive permit area in the Hauraki Region, North Island, New Zealand.
    Glass Earth's Hauraki Region permit area lies immediately to the west and north of the Waihi/Martha Hill Mine, located at Waihi, North Island, New Zealand which is owned and operated by Newmont.
    15 advanced gold prospects lie in the Glass Earth/Newmont Joint Venture area within trucking distance of Newmont's Waihi gold plant; several of the targets have significant gold intercepts, such as:
    - At Wharekiriponga (WKP), DDH4 17.7m @ 4.0g/t Au (in 150m @ 0.93g/t Au) lies just two kms along-strike from the Golden Cross mine (produced 634,000 oz gold 1991 - 1997);
    - At Owharoa (historic production 63,334 oz), a 500m wide alteration zone is interspersed with innumerable quartz veins with specimens running 2 oz Au/lb (5,000oz Au/t).
    The 10 million ounce Martha Hill Mine, owned by Newmont, is considered to be the "type" epithermal gold deposit and the kind of large epithermal gold deposit targeted by Glass Earth in its exploration program.
    Hauraki Region Joint Venture Agreement
    The agreement also provides that Newmont may earn an equity interest in each of the 3 sectors of the Hauraki Region (named Northern, Central and Southern) by undertaking exploration programs (including drilling) as follows:
    a) To earn an initial 65% equity in a venture area, by expending over a 4 year period;
    - NZ$1.65m (circa C$1.37m) on the Northern Hauraki Venture Area;
    - NZ$1.75m (circa C$1.45m) on the Central Hauraki Venture Area;
    - NZ$2.8m (circa C$2.3m) on the Southern Hauraki Venture Area.
    b) Newmont may elect to prepare a feasibility study to earn a further 10% in a venture area;
    c) Glass Earth may request that Newmont arrange Glass Earth's share of financing in return for a further 5% equity in a venture area;
    d) Glass Earth and Newmont will be liable (in proportion to their equity interests) for the Geoinformatics Exploration Inc 2% royalty on any production from identified and acknowledged targets in the Hauraki Region permit area; and
    e) Newmont will be the operator.
    Newmont will commence exploration activities immediately.
    About Glass Earth Limited
    Glass Earth is one of the largest New Zealand-based gold exploration companies exploring a land position of over 31,000 square kilometres in the North and South Islands.
    - Glass Earth has another Joint Venture Agreement with Newmont for Newmont to fund the exploration in the Waihi West area adjacent to Newmont's Waihi / Martha Hill Mine.
    On the North Island, exploration efforts are focussed on the Hauraki / Central Volcanic Region. The Hauraki / Central Volcanic Region is host to the 10 million ounce gold Waihi/Martha Hill Mine, owned by Newmont Mining, which is considered the "type" epithermal gold deposit and the kind of large epithermal gold deposit targeted by Glass Earth.
    - Hauraki Region - With 15 advanced gold prospects, this region is host to the world-class epithermal gold deposit at the Waihi / Martha gold mine;
    - Mamaku-Muirs Region - With 17 recently-defined gold targets, this region includes the Muirs Reef prospect, which historically has produced more than 43,000 ounces of gold; and
    - Central Volcanic Region - Glass Earth has defined 74 epithermal gold targets in this region, including 6 advanced drill-ready prospects in the process of being drilled.
    On the South Island, exploration efforts are focussed on the Otago Region for mesothermal "Macraes-style" gold targets.
    - Otago Region - As Glass Earth's main gold region on New Zealand's South Island, a data collection/geophysical intervention over the recently awarded Otago Prospecting Permit and other areas and a targeting project commenced in January 2007. This region contains three near drill-ready mesothermal gold prospects.
    EXPLORATION REGIONS (See figure 1 - Glass Earth exploration regions - overview map)
    To view the accompanying map, please click the link below:
    http://www.ccnmatthews.com/docs/sas0227.pdf
    About St Andrew Goldfields
    St Andrew is a gold mining and exploration company producing gold from the Stock Gold Complex in Timmins, Ontario and the Nixon Fork Gold Mine in Alaska. The recently acquired Holloway-Holt Gold Mine in the Timmins Mining Camp is forecast to increase St Andrew's gold production by 75,000 to 100,000 ounces per annum. St Andrew controls a very large land position in the Timmins Mining Camp, an extensive land position at Eskay Creek in northern British Columbia and land positions around Nixon Fork in the Kuskokwim-Tintina Mining Camp in Alaska. St Andrew also holds an approximate 50.2 % equity interest in New Zealand based gold explorer, Glass Earth Limited and a 12.6 % equity interest in Apollo Gold Corporation.
    For further information about St Andrew Goldfields Ltd., please visit St Andrew's website at http://www.standrewgoldfields.com or contact Investor Relations toll-free at 1-800-463-5139 or email investor@standrewgoldfields.com.

    EMERGING MARKETS REPORT
    Bringing it all back home
    Congo's the latest country striving to benefit more from natural resources


    NEW YORK (MarketWatch) -- Like many developing countries seeking to gain more from their mineral wealth, the Democratic Republic of Congo has announced plans to review contracts with foreign mining companies to ensure they favor the African nation.


    ...


    In another instance, Uzbekistan expropriated the Zarafshan-Newmont Mining (NEM: Newmont Mining Corporation) joint venture gold operation last year. Newmont lost control of its 50% stake and is currently seeking compensation from Uzbekistan in two separate international arbitration venues.

    Newmont Mining Corp.'s (NEM) Newmont Canada Ltd. unit will fully participate in Gabriel Resources Ltd.'s (GBU.T) previously announced common-share offering, participating in up to 20% of the offering and related over-allotment option.
    As reported, Gabriel is offering 25 million shares at C$4.35 each and has granted the underwriters an over-allotment option to purchase up to an additional 3.75 million shares at the same price.
    Gabriel said Newmont Canada holds about 36.2 million of its shares, or about a 17.2% stake, before completion of the offering.
    Upon completion of the offering, it will hold 46.3 million shares or about a 17.5% stake. Assuming completion of the offering and the option, it will hold 43.3 million shares or a 17.6% stake, Gabriel said.
    Gabriel, Toronto, is a mineral-exploration company with a gold project in Romania.

    ...


    In the precious metals patch, Indonesian prosecutors say they are confident that a court will find Newmont Mining (NEM) guilty of polluting a bay with the toxic heavy metals arsenic and mercury, the AP reported this weekend. A verdict is expected in early April and could lead to a prison term for the head of the local operation.


    ...

    Newmont Mining (NEM) rallied after a BusinessWeek article reported that Barrick Gold (ABX), the world's No. 1 gold producer, may go after Newmont for its proven, probable reserves of 95 million ounces. In a deal, BusinessWeek says Newmont would be priced in the mid-$50s.

    Research and Markets: Newmont Mining Corporation, BHP Billiton Limited and Rio Tinto Group Are Among the Company Inco Limited's Competitors


    Limited - Company Analysis to their offering
    Company Analysis assists individual investors, managers and companies in evaluating opportunities, trends, market innovations as well as in selecting appropriate information solutions in order to make effective investment decisions.
    The study covers information on the business structure, areas of operation, products and services offered by the company. It comprises SWOT analysis, Key Ratios, and financials that aid investors in gaining an insight into the company's performance.
    The report is based on extensive research using data available from credible publications, trade journals, industry associations and the company sources.
    Report Highlights


    Table 5-1: Newmont Mining Corporation - Key Financials (in Million US$), 2003-2005
    Table 5-2: Newmont Mining Corporation - SWOT Analysis

    SAN FRANCISCO (MarketWatch) -- Newmont Mining Corp. (NEM: Newmont Mining Corporation) , the only gold mining company in the S&P 500, will face problems maintaining its current output of gold over the medium to long-term without more acquisitions or grass-roots discoveries, said HSBC analyst Victor Flores Tuesday. Citing this hurdle and higher costs for labor and raw materials, he downgraded his rating to neutral from overweight and his year-end 2007 price target to $47 a share from $62. "Energy costs and fuel prices are quite high," Flores said by phone. "And more recently we're seeing pretty serious labor pressures," he said. Industry cost pressures have been particularly acute at Newmont because its older mines are producing less high-quality ore, he noted. Shares fell 2.3% to $42.74. End of Story

    Jakarta's Newmont Suit Risks Investment Fallout
    International business groups here say Indonesia's efforts to attract investment could suffer another blow if a district court next week finds a local unit of Newmont Mining Corp. and its American chief guilty of pollution charges.

    Newmont Sees Ghana Ahafo Mine Total Revs $250M -Co Official
    ACCRA, Ghana (Dow Jones)--Newmont Mining Corp.'s (NEM) Ahafo Mine in Ghana is expected to generate total revenues of over $250 million from the sales of its gold, based on an assumed average realized price of at least $600 a troy ounce, a company official said Wednesday.

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