Tuesday, February 07, 2006

Newmont Mining Corporation NYSE : NEM

Profile

Founded in 1921 and publicly traded on the NYSE since 1925, Newmont is the largest gold company in the world. Headquartered in Denver, Colorado, the company employs approximately 14,000 people, the majority of whom work at Newmont's mines sites in the United States, Australia, Peru, Indonesia, Canada, Uzbekistan, Bolivia, New Zealand and Mexico.

Newmont is also advancing two development projects in Ghana which will become the company's next core operating district and at year-end 2004, had a combined 16 million ounces of reserves.

Newmont's global land position of approximately 51,500 square miles and its world-class exploration team enables the company to explore and acquire gold properties in the world's best gold districts. Newmont is also the only S&P 500 listed stock, espouses a no gold hedging philosophy, and as of year end of 2004, reported record industry gold reserves of 92.2 million equity ounces.

With unsurpassed financial strength and flexibility, project development and operational expertise, and portfolio management and investment skills, Newmont is "The Gold Company" of choice for investors.

Newmont is also committed to high standards and leadership in the areas of environmental management, health and safety for its employees and neighboring communities.


Click on the chart below to enlarge:
Newmont Mining Corporation NYSE : NEM

I will post a daily chart of NEM soon...

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