Tag: Newmont Mining Corp

Dividend Stock Leaders for the Week of Jan.3-7 (WYNN, POT, BAC, FDO, NEM, TGT, more)

Here are some of the biggest dividend stock winners and losers from the week that just ended. Company Fri. Close Weekly % Change Dividend Yield Wynn Resorts ( WYNN ) $118.73 +14.34% 0.84% KB Home ( KBH ) $15.25 +13.05% 1.64% L-3 Communications Holdings Inc. ( LLL ) $78.23 +10.98% 2.05% Moody’s Corporation ( MCO ) $29.29 +10.36% 1.57% D.R. Horton Inc. ( DHI ) $13.02 +9.14% 1.15% Potash Corporation Of Saskatchewan Inc. ( POT ) $166.92 +7.81% 0.24% Bank of America Corporation ( BAC ) $14.25 +6.82% 0.28% Newmont Mining Corporation (holding Company) ( NEM ) $56.89 -7.39% 1.02% Barrick Gold Corporation ( ABX ) $49.10 -7.67% 0.98% Macy’s ( M ) $23.31 -7.87% 0.86% Agnico-Eagle Mines ( AEM ) $70.43 -8.17% 0.91% Target Corporation ( TGT ) $55.05 -8.45% 1.82% AngloGold Ashanti Ltd. ( AU ) $44.82 -8.96% 0.33% Guess? Inc. ( GES ) $42.67 -9.83% 1.87% Pan American Silver Corp. ( PAAS ) $36.79 -10.73% 0.27% Family Dollar Stores Inc. ( FDO ) $43.90 -11.69% 1.41% Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Barrick (NYSE:ABX), Goldcorp (NYSE:GG), Newmont (NYSE:NEM) as China Increased Gold Imports

The broader gold market today was soaring up till about noon, as news China has significantly increased its gold imports over the last year caused most gold miners, including large-caps Barrick Gold (NYSE:ABX), Goldcorp (NYSE:GG), and Newmont Mining (NYSE:NEM) to make nice upward moves, although as happens many times, speculators moved in and out of the market in that time frame and gold prices

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Barrick (NYSE:ABX), Goldcorp (NYSE:GG), Newmont (NYSE:NEM) Push Up As Gold Breaks $1,400

Major gold miners Barrick Gold (NYSE:ABX), Goldcorp (NYSE:GG) and Newmont Mining (NYSE:NEM) are all pushing up today, led by Barrick, which soared over 3 percent as gold prices soared past $1,400 an ounce.The gold news going forward will largely be the effects of quantitative easing on the price of gold, as well as the U.S. dollar, which usually move inversely to one another.Ben Bernanke

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Newmont (NYSE:NEM) Generates Record Revenue, Punished for Weak Guidance

Newmont Mining Corp. (NYSE:NEM) generated record revenue for the quarter and an increase in profits of 38 percent, yet were punished by the market for their guidance, which revealed production costs will rise and their annual gold production will drop.On the gold production side, Newmont dropped their estimated production range from 5.3 million to 5.5 million ounces to 5.3 million to 5.4 million

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Barrick (NYSE:ABX), Newmont (NYSE:NEM), Agnico (NYSE:AEM) Rise in Afternoon Trading

Major gold miners Barrick Gold Corporation (NYSE:ABX), Agnico-Eagle Mines Limited (NYSE:AEM), Newmont Mining Corporation (NYSE:NEM) have all rebounded into positive territory after 1:00 PM EDT. Goldcorp (NYSE:GG) also closed in on being level, but are having trouble finding supporting in positive territory.They are moving in conjunction with spot gold prices, which were down earlier in the

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Newmont (NYSE:NEM) Downgraded by Stifel Nicolaus

Newmont Mining (NYSE:NEM) was downgraded from “Buy” to “Hold” by Stifel Nicolaus, as concerns over the lower production at the Boddington mine in Australia by analyst Heather Douglas was the reason for the downgrade. Valuations seem to be too high after the approximate 30 percent increase in share price this year, and with Boddington not producing at levels it was expected to, expectations are

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Newmont Mining (NYSE:NEM) Making its Move?

If you look at a chart of Newmont Mining’s (NYSE:NEM) performance over the last five years, you find it less than inspiring, as until this summer, it hadn’t reached the levels it has in the early part of 2006, when it hit $59.87 on January 9.It took until June of 2010 for the largest U.S. gold miner to reach and surpass those levels, and it looks like they may have finally broken out, closing at

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Barrick (NYSE:ABX), Goldcrop (NYSE:GG), Newmont (NYSE:NEM) Rebound after Fed Meeting

Gold was weak leading up to the Fed meeting on Tuesday, as everyone was waiting to hear if the Federal Reserve was going to announce another round of quantitative easing. Barrick Gold (NYSE:ABX), Goldcorp (NYSE:GG) and Newmont Mining (NYSE:NEM) almost at the same time of day were down heavily until the meeting ended and they all shot up to close in positive territory.While the Fed really did

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Barrick (NYSE:ABX), Newmont (NYSE:NEM) Drive Nevada Mining Costs Lower

Even though gold production in the state of Nevada fell for the first time in ten years, the state remains the sixth-largest gold producer in the world, still led by mining giants Barrick Gold (NYSE:ABX) and Newmont Mining (NYSE:NEM). Nevada, which lags behind only China, South Africa, Australia, Russia and Peru in gold production, ended 2009 producing $5.1 billion in gold and silver combined.

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Barrick (NYSE:ABX) CFO Projects 9 Million Gold Ounces Annually

In a webcast covering the UBS Best of the Americas conference, Barrick Gold (NYSE:ABX) CFO Jamie Sokalsky said the company has an annual gold production target of 9 million ounces within five years. A two-part strategy to reach that level will be implemented. They will continue to work on expanding existing projects, while developing new projects they already have a stake in. That combination

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Seabridge Gold (AMEX:SA) to Get Huge Cash Infusion?

The recent announcement by China they’re looking for strong mining and gold mining companies to invest in has brought attention to a number of mining firms, with one of them being Seabridge Gold (AMEX:SA), which is sitting on enormous reserves via their Kerr-Sulphurets-Mitchell project, with the need of an estimated $3.4 billion to develop the resource. With their attention elsewhere, gold

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Dividend Stock Leaders for the Week of July 26-30 (POT, WYN, CHRW, X, CL, INTC, more)

Filed in dividend, Gold, Gold Investing, Newmont Mining Corp by on July 31, 2010 0 Comments
Dividend Stock Leaders for the Week of July 26-30 (POT, WYN, CHRW, X, CL, INTC, more)

Here are some of the biggest dividend stock winners and losers from the week that just ended. Company Fri. Close Weekly % Change Wyndham Worldwide Corp ( WYN ) $25.53 +12.42% Jones Lang Lasalle Incorporated ( JLL ) $77.46 +10.66% Ameriprise Financial Services ( AMP ) $42.39 +9.68% C.H. Robinson Worldwide Inc. ( CHRW ) $65.20 +7.10% Potash Corporation Of Saskatchewan Inc. ( POT ) $104.87 +6.60% Metlife Inc. ( MET ) $42.06 +6.37% DuPont ( DD ) $40.67 +6.08% Intel Corporation ( INTC ) $20.60 -5.03% Newmont Mining Corporation (holding Company) ( NEM ) $55.90 -5.33% Colgate-Palmolive Company ( CL ) $78.98 -5.38% Plantronics Inc. ( PLT ) $29.97 -8.82% DeVry Inc. ( DV ) $53.80 -9.26% U.S. Steel ( X ) $44.33 -9.35% Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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