(NEM) Community Analysis from
Bulls REASONS TO BUY
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100%
agree
3 votes
|
Looking attractive with gold at 710 |
Bears REASONS TO SELL
June 18, 2013
(Stock Blog Hub,
10/29/12)
Mining company Newmont Mining Corporation (NEM) reported preliminary third quarter 2012 attributable gold and copper production of 1.24 million ounces and 35 million pounds,...(read more)
(Jutia Group,
10/18/12)
One noted CNBC analyst/entertainer is fond of saying "There's always a bull market somewhere," and he is correct that at least one stock market sector or country will go up...(read more)
(Capital Essence's Investment Blo...,
9/4/12)
從近期走勢來看，標普已確立重要近期低點，可能已處於新一輪上漲行情初期階段。今後數日隨着指數逼近8月下降趨勢通道上沿，交易者應密切關注走勢。收盤��...(read more)
Newmont Mining Corporation (NEM) Company Overview
Newmont Mining Corporation (NYSE: NEM) is the world's second largest gold producer by ounces produced. The company has mining operations in the United States, Australia, Africa, and several other international locations.[1] Newmont also maintains silver, copper, and zinc operations.[1] With gold prices rising in 2009 by 12%, Newmont's revenues increased by 26% to a record $7.7 billion.[2]
Newmont's proven equity gold reserves increased by 8% in 2009 to 91.8 million ounces, while its equity copper reserves increased by 17% to 9.1 billion pounds.[2] Nearly 83% of Newmont's 2009 sales were from gold, while the remaining 17% of sales were from copper.[2]
(Read more at Wikinvest
) What's in this NEM analysis on Wikinvest...
- Company Overview
- Business and Financial Metrics
- Business Segments
- Gold (83% 2009 of sales):
- Copper Production (17% of 2009 sales):
- Production Regions
- Nevada:
- Mexico
- Canada
- Indonesia:
- Peru:
- Australia/New Zealand:
- Ghana:
- Trends and Forces
- The prices of gold and copper have a major impact on Newmont's revenues
- Newmont's continued gold and copper accumulation is dependent on the success of exploratory operations or acquisitions
- Newmont’s expansion and efficiency in extracting gold and copper are affected by environmental laws and regulations
- Newmont's operations abroad are subject to the hazards of international business
- Competition
- References
