Newmont Mining Corp. / NEM (NYSE)

NEW YORK (MarketWatch) -- Newmont Mining (NEM: Newmont Mining Corporation) said Thursday second-quarter net loss widened to $2 billion, or $4.57 a share, from a gain of $161 million, or 36 cents a share in the year-ago period. The period included a write-down of $1.7 billion on its Merchange Banking goodwill and costs of the elimination of its remaining gold hedge positions. Revenue rose to $1.3 billion from $1.29 billion. Analysts surveyed by Thomson Financial forecast earnings of 22 cents a share and revenue of $1.1 billion, on average.

Right now the fund has an uncharacteristically large allocation to large-cap stocks, with stalwarts Newmont Mining (NEM) and Barrick Gold (ABX) taking the first two slots after bullion, each making up 9% of the overall value. Other top holdings include Gold Fields (GFI), Newcrest Mining and AngloGold Ashanti (AU), all firms with substantial market caps.

Newmont Mining Corp.(NEM) said it posted a second-quarter loss of $2 billion, or $4.57 a share, compared with a profit of $161 million, or 36 cents, in the year-ago period.
Results for the latest period included a write-down of $1.7 billion on its Merchange Banking goodwill and costs of the elimination of its remaining gold hedge positions.
Revenue rose to $1.3 billion from $1.29 billion.
Analysts surveyed by Thomson Financial forecast earnings of 22 cents a share on revenue of $1.1 billion, on average.

Newmont Mining Corp. posted a second-quarter net loss as the company gets out of the gold-hedging and merchant-banking businesses.

The Denver gold miner, the world's second-largest gold producer behind Barrick Gold Corp., reported a net loss of $2.06 billion, or $4.57 a share, compared with year-earlier net income of $161 million, or 36 cents a share.

The latest quarter's results included a $1.66 billion write-down from discontinuing its merchant-banking segment ...

Newmont Mining (NEM) reported a second-quarter loss of $2.06 billion, or $4.57 a share. The company attributed the red ink to the elimination of its merchant banking outfit, the reversal of hedge contracts and other strategic initiatives.

For the same period a year ago, it earned $128 million, or 36 cents a share. The stock was down 0.4% at $41.43.

Globally, all gold miners reduced their hedge positions by 5.4 million ounces during the quarter, according to the latest Mitsui Gold Hedging Report, which was prepared by London-based specialty consulting firm Virtual Metals and published Thursday morning.

Dehedging allows the price received per ounce of gold sold to fluctuate in line with activity in the bullion market.

DENVER, Aug 02, 2007 /PRNewswire-FirstCall via COMTEX/ -- Newmont Mining Corporation (NEM: Newmont Mining Corporation) today announced second quarter financial and operating results, which include a negative $2.125 billion impact of strategic initiatives completed during the second quarter. For the quarter, the Company reported a net loss of $2.06 billion (-$4.57 per share), compared with net income of $161 million ($0.36 per share) for the second quarter of 2006.

KALGOORLIE (MarketWatch) -- Gold will set a fresh record high within the next 12 months, and will break away from its well-trodden sideways pattern to rally beyond $750 a troy ounce by early fall, Newmont Mining Corp. (NEM: Newmont Mining Corporation) Vice Chairman Pierre Lassonde said Monday.
Gold's performance has disappointed investors so far this year, after failing to break the targeted $700/oz level despite the dollar's slump against other major currencies, and has stuck to a $650-$675/oz range.
"There has been resistance from the jewelry side when gold is reaching new highs. The price tends to run up, then gets backfilled (shored up) by jewelry demand at a new higher level. But that takes six months or so, particularly in the Middle East and India," Lassonde told reporters at the Diggers and Dealers mining forum, referring to jewelry demand as one of gold's fundamental drivers.
However, forecasts of gold reaching $1,000/oz were premature and would need a recession in the U.S. economy.
"There is no recession in the U.S. for another one, two or three years. The current mortgage problems need to be seen in the wider context of the size of the U.S. economy and represent only a burp," he said.
Global economic growth is motoring ahead and will continue at least for another two years.
"Fundamental demand will continue. There are 2 billion people in China and India on the road to economic growth," said Lassonde.

KALGOORLIE, Aug 06, 2007 (Dow Jones Commodities News via Comtex) -- Gold production costs throughout the world reached their highest point during the first six months of this year and are set to decline, said Pierre Lassonde, vice president at major U.S.-based gold miner Newmont Mining Corp. Monday.
Newmont gold production costs have risen sharply to $427 a troy ounce on a year-to-date basis, compared with $293/oz in 2006.
Cash costs at the company's operations in South America have been kept under control, Lassonde told reporters at the Diggers and Dealers mining forum.
Its cash costs in Australia grappled with an unfavorable exchange rate, but showed "almost no inflation" when not taking the stronger Australian dollar into account, he said.
Newmont's operating costs are up this year as a result of lower production at the Yanacocha mine in Peru and in Australia, as well as higher labor, consumables, energy and fuel prices in all operating regions, Newmont said on its Web site.
After 2007, Newmont expects to bank on cost efficiency from investments in a number of mines, the completion of the Boddington mine in Australia, the construction of the power plant in Nevada and the completion of a gold mill at Yanacocha in Peru.

KALGOORLIE, Aug 07, 2007 (Dow Jones Commodities News via Comtex) -- U.S.-based gold miner Newmont Mining Corp.'s (NEM) Australian operations are grappling with higher costs as a result of the strong Australian dollar, though its new Boddington mine is largely unaffected, a company executive said Tuesday.
"The strength of the Australian dollar is an issue since all our costs are converted into U.S. dollars," Russell Clark, regional group executive for Australia and New Zealand, told reporters at the Diggers and Dealers mining forum.
"At Boddington the Aussie dollar impact isn't huge but we'll have a better flavor for capital cost come September or October. For now costs are at A$1.8-A$2 billion," Clark said.
Newmont owns a 66.67% stake in Boddington, with the remainder held by AngloGold Ashanti. The mine is due to start production in late 2008 or early 2009, and will churn out 1 million troy ounces a year for the first five years of the mine's life before falling to 850,000 ounces a year over the mine's life of at least 15 years.
"We're confident to add another two million ounces in reserves this year," Clark said.
Production costs while taking copper credits into account are due to average US$280/oz.

Newmont Mining Corp. (NYSE:NEM) is back to mostly being unhedged

SAN FRANCISCO (MarketWatch) -- Gold producers unwound their hedges against a drop in the price of gold at a faster pace in the second quarter, said a study released Monday by London consultancy Virtual Metals with Mitsui Global Precious Metals and Toronto's Haliburton Mineral Services. Gold producers took off 5.4 million ounces of hedges, the largest volume since removing 7.1 million ounces' worth in the second quarter of 2002, and the largest ever as a percent of total gold hedges. Newmont Mining Corp.'s (NEM:
Newmont Mining Corporation) removal of hedges led the way, as the Denver, Colo. producer cut its position by 2 million ounces, followed by reductions by Lihir Gold Ltd. (LIHR: lihir gold ltd sponsored adr) and AngloGold Ashanti (AU:
anglogold ashanti ltd sponsored adr) . Some analysts think dehedging supports gold prices. End of Story

DENVER, Aug 23, 2007 /PRNewswire-FirstCall via COMTEX/ -- Newmont Mining Corporation (NEM: Newmont Mining Corporation) today announced that it is changing the record date for the dividend declared by the Board of Directors on July 18, 2007, as the date originally set is a non-settlement date in Australia. The record date will be changed from September 7, 2007 to September 6, 2007. Accordingly, the regular quarterly dividend of $0.10 per share, payable September 28, 2007, will be paid to holders of record at the close of business on September 6, 2007.
In addition, Newmont Mining Corporation of Canada Limited (CA:NMC: news, chart, profile) will pay a regular quarterly dividend of Cdn $0.1044 per share on its exchangeable shares on September 28, 2007 to holders of record at the close of business on September 6, 2007. This dividend is designated as an "eligible dividend" for Canadian tax purposes.
SOURCE Newmont Mining Corporation

Wichtig wäre es, wenn es die Aktie von NEM schaffen würde, über die $42,00 zu steigen. Dieses ist auch gleichzeitig der Widerstand!

Birim Concludes an Agreement with Newmont to Joint Venture the Banda Ahenkro Property on the Sefwi Belt and to Waive Back-In Rights on Birim's Bui Properties in Ghana

MONTREAL, QUEBEC, Aug 28, 2007 (MARKET WIRE via COMTEX) -- Birim Goldfields Inc. (CA:BGI) ("Birim" or "the Company") is pleased to report that it has concluded a two-part agreement with Newmont Ghana Gold Limited and Newmont USA Limited, subsidiaries of Newmont Mining Corporation (CA:NMC) ("Newmont") comprising:
- a joint venture agreement on the 488.3 km2 Banda Ahenkro Property on the Sefwi Belt; and,
- the waiving of Newmont's back-in rights on Birim's Bui Belt Properties.
Under the terms of the agreement, Newmont will waive their historical back-in right to projects on Birim's thirteen properties within the boundary of the old Bui Reconnaissance License. In exchange for this waiver, Birim will grant Newmont an initial 49% equity interest in Birim's Banda Ahenkro Property on the Sefwi Belt (see Note 1). Newmont will have the right to earn another 21% (up to 70%) by spending US$1,500,000 on exploration over four years, subject to minimum expenditures of US$300,000 in Year 1, US$350,000 in Year 2, US$400,000 in Year 3 and US$450,000 in Year 4. Newmont may then elect to earn an additional 10% interest (up to 80%) by completing a feasibility study on the property. The agreement remains subject to the normal statutory and regulatory approvals.
Birim has a dominant position on one of Ghana's relatively under-explored gold belts, the Bui Belt. This comprises a portfolio of fifteen licenses, of which thirteen prospecting licenses were "cherry picked" after systematic regional exploration by Birim from the greater than 7,000 km2 Bui reconnaissance license acquired from Santa Fe Mining in 1998. The terms agreed with Santa Fe at the time included a right (subsequently inherited by Newmont) allowing them a once-off back-in to any project with a completed bankable feasibility study located within the area defined by the boundary of the original reconnaissance license.
"The transaction makes a lot of strategic sense for Birim," says Victor King, President and CEO for Birim. "Exploration progress on the Banda Ahenkro property will benefit from Newmont's broad exploration expertise and their specific experience on the Sefwi Belt, which hosts their multi-million ounce, world-class Ahafo Gold Mine. Our active involvement with Newmont at Banda Ahenkro also will benefit our efforts on Birim's other three properties on the Sefwi Belt, namely Nkenkasu, Bia Tano and Techimentia." King added, "Newmont's waiver to their inherited back-in right on our Bui properties will widen our options for funding exploration on this extensive land package. I believe that it is pragmatic for Birim to invite selected interested partners to assist in aggressively advancing exploration on some of our Bui licenses at this stage. This will maximize Birim's current leverage on the belt and optimize the potential for exploration success on all of the properties."
Birim Goldfields Inc. is an exploration company focused on gold exploration in West Africa and trades on the Toronto Stock Exchange under the symbol BGI.
Notes : 1. The Government of Ghana retains a 10% free carried interest in all gold mining development projects in Ghana. Consequently, the interests specified in the agreement will apply to the 90% available interest, with the Government of Ghana holding the remaining 10%.

Contacts:
Birim Goldfields Inc.
Denis Simoneau
Chairman
514-393-8611 or Toll Free: 1-800-721-8611
info@birim.com

Birim Goldfields Inc.
Victor King
President & CEO
514-393-8611 or Toll Free: 1-800-721-8611
vic.king@birim.com

Birim Goldfields Inc.
Farah Alibhai
Investor Relations
604-731-7340
farah@birim.com
http://www.birim.com

SOURCE: Birim Goldfields Inc.

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polo ralph lauren corp cl a) , and Infosys Technologies Ltd. (INFY:
infosys technologies ltd sponsored adr) .

Prices for the metal -- and mining stocks -- are moving higher as investors look for protection from financial crises

...

And shares of companies that mine the shiny stuff also benefited. The S&P Gold index gained 4.68% on Sept. 6, paced by major players Barrick Resources (ABX), which soared 8.4%, and Newmont Mining (NEM), which gained 4.3%.

...

hallo zusammen

habe heute post von Swissquote erhalten:

Sammelklage der NEWMONT MINING CORP. (ISIN US6516391066)
Sehr geehrter Kunde,
Aktionäre der oben erwähnten Gesellschaft, welche die Aktien zwischen dem
01.11.2003 und 23.03.2006 durchgehend gekauft haben, können sich an einer
Sammelklage in Amerika beteiligen.
Die notwendigen Unterlagen können bei folgender Adresse angefordert werden:
NEWMONT MINING Securities Litigation
Claims Administrator
C/O Gilardi + CO. LLC
P.O. Box 5100
Larkspur/ Cal. 94977-5100 - USA
Or
JEFFREY S. NOBEL SCHATZ + NOBEL P.C.
20 Church Street Suite 1700
Harford/ Conn. 493-6292
PHN.: (860) 493 6292
Website: http://www.gilardi.com

Weiss jemand, um was es hier geht?

Hallo zusammen,

ich plane ein Investment in Newmont Mining Aktien. Da es aber verschiedene Aktien-Varianten zu der Gesellschaft gibt, bin ich unschlüssig. Kann hier vielleicht jemand ein wenig Licht ins dunkel bringen? Vielen Dank schon mal dafür. Hier die WKNs:
Newmont Min CDIS WKN: 541813
Newmont Mining WKN: 853823
Newmont Mining Exch WKN: 551243

Grüße
Martin

Hallo,

vielen Dank für die schnelle Antwort.
Hier die Info: Newmont Min CDIS ISIN: AU000000NEM3 aktueller Kurswert: 3,18 EUR

Würdest du die Originalaktie oder die Notierung aus Kanada empfehlen?

Danke und Grüße
Martin