NEM
Click for more information
4.25% $66.41 newmont corporation

Newmont considering sale of Australia mineMon Aug 4, 2008 9:17pm...

  1. FiendishRedbeard
    7,936 Posts.
    lightbulb Created with Sketch. 232
    clock Created with Sketch.
    05/08/08
    10:03
    Post #: 4073093
    Newmont considering sale of Australia mine
    Mon Aug 4, 2008 9:17pm BST

    Email |Print | Reprints
    [-] Text [+] NEW YORK, Aug 4 (Reuters) - Newmont Mining Corp (NEM.N: Quote, Profile, Research) on Monday said it was considering strategic options, including a sale, for its 50 percent stake in Kalgoorlie Consolidated Gold Mines (KCGM), one of Australia's largest gold mines.

    Newmont spokesman Omar Jabara said the company was examining options for its stake in the mine. Barrick Gold Corp (ABX.TO: Quote, Profile, Research) owns the other half of the mine.

    KCGM produces about 850,000 ounces of gold a year for the companies.

    Barrick could not be immediately reached for comment. (Reporting by Michael Erman; editing Carol Bishopric)
    NEM Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 
watchlist Created with Sketch. Add NEM (ASX) to my watchlist
(20min delay)
Last
$66.41 		Change
-2.950(4.25%) 		Mkt cap ! $10.55B
Open High Low Value Volume
$67.70 $67.70 $66.34 $66.28M 993.3K

Buyers (Bids)

No. Vol. Price($)
1 4320 $66.41
 

Sellers (Offers)

Price($) Vol. No.
$66.43 208 1
Last trade - 16.10pm 07/11/2024 (20 minute delay) ?
NEM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.