| Newmont Mining Corp. | (NY: NEM) |
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May 25, 2013
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
) - 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







