Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Newmont Mining Corporation    NEM

NEWMONT MINING CORPORATION (NEM)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

Peru Mining Companies' Investments Up 60.6% In Jan To Feb

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/25/2012 | 07:22pm CEST

Mining companies in Peru, a major global producer of base and precious metals, increased investments by 60.6% in the first two months of this year to $1.05 billion, the government said.

The Mines and Energy Ministry said in an emailed statement on Wednesday that Minera Yanacocha SRL invested $177.6 million in January and February, which is a 214% increase from the year-ago period.

Yanacocha, which is majority-owned by Newmont Mining Corp. (>> Newmont Mining Corporation), operates South America's biggest gold mine, located in Peru's Cajamarca region. Also in Cajamarca, Yanacocha has the stalled $4.8 billion Minas Conga copper and gold project, the country's biggest private-sector investment project.

The ministry also said that Xstrata PLC (>> Xstrata PLC) invested $140 million in its Las Bambas copper project and $67 million in its Tintaya copper project.

In 2011, mining companies in Peru invested $7.2 billion, up 77% from the prior year.

Peru is the world's second biggest producer of copper and silver and a major producer of gold, zinc, lead and other minerals. Mining companies plan to invest more than $50 billion in new mines and expansion projects this decade, according to the ministry.

-By Ryan Dube, Dow Jones Newswires; 51-945 043 802; [email protected]

Stocks mentioned in the article : Newmont Mining Corporation, Xstrata PLC
Stocks mentioned in the article
ChangeLast1st jan.
NEWMONT MINING CORPORATION -1.41% 41.35 Delayed Quote.11.78%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on NEWMONT MINING CORPORATION
04/19NEWMONT MINING : Provides Update on Ahafo Mill Expansion Project Accident in Gha..
AQ
04/19NEWMONT MINING : Expresses Deep Sorrow Over Fatalities at Ahafo Mill Expansion P..
AQ
04/12NEWMONT MINING : New Glycine Study Findings Have Been Reported by Investigators ..
AQ
04/10NEWMONT MINING : Provides Update on Ahafo Mill Expansion Project Accident in Gha..
BU
04/08NEWMONT MINING : Expresses Deep Sorrow Over Fatalities At AME Project In Ghana
AQ
04/08NEWMONT MINING : Expresses Deep Sorrow Over Fatalities at Ahafo Mill Expansion P..
BU
04/05NEWMONT MINING CORPORATION : Free Post Earnings Research Report: Newmont’s Q4 Re..
AC
04/02Constantine and Carlin Option Three Yukon Properties to Fireweed Zinc
AQ
03/28Constantine and Carlin Option Three Yukon Properties to Fireweed Zinc
AQ
03/26NEWMONT MINING : Announces First Quarter 2018 Earnings Call
AQ
More news
News from SeekingAlpha
04/18An Inside Look Into My Portfolio Strategy And Holdings 
04/16Victory Formation Long/Short Portfolio Update - Buy Gold, Oil And Disney 
04/09Operations restart at Newmont's Ghana gold mines 
04/09Newmont Mining suspends Ghana operations after six workers killed 
04/09Mixed Results And Prospects For North America's Top Gold Miners 
Financials ($)
Sales 2018 7 556 M
EBIT 2018 1 371 M
Net income 2018 731 M
Debt 2018 45,8 M
Yield 2018 1,13%
P/E ratio 2018 28,39
P/E ratio 2019 23,69
EV / Sales 2018 2,93x
EV / Sales 2019 2,74x
Capitalization 22 059 M
Chart NEWMONT MINING CORPORATION
Duration : Period :
Newmont Mining Corporation Technical Analysis Chart | NEM | US6516391066 | 4-Traders
Technical analysis trends NEWMONT MINING CORPORATION
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 18
Average target price 44,4 $
Spread / Average Target 7,5%
EPS Revisions
Managers
NameTitle
Gary J. Goldberg President, Chief Executive Officer & Director
Noreen Doyle Independent Non-Executive Chairman
Tom Palmer Chief Operating Officer & Executive Vice President
Nancy K. Buese Chief Financial Officer & Executive Vice President
James Zetwick Chief Information Officer & Vice President
Sector and Competitors
1st jan.Capitalization (M$)
NEWMONT MINING CORPORATION11.78%22 059
BARRICK GOLD CORP-7.92%15 467
NEWCREST MINING LIMITED-11.88%11 988
AGNICO EAGLE MINES LTD-1.02%10 609
SHANDONG GOLD MINING0.06%9 219
POLYUS PAO--.--%8 153