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Last updated on April 16, 2014 at 17:34 EDT

Latest Yanacocha Stories

2013-04-29 16:25:22

Consolidated spending(1) down $217 million or 13% vs. prior year quarter; 2013 capital expenditure guidance lowered by $100 million DENVER, April 29, 2013 /PRNewswire/ -- Newmont Mining Corporation (NYSE: NEM) ("Newmont" or the "Company") today reported attributable net income from continuing operations of $315 million, or $0.63 per basic share, down 44% from $561 million, or $1.13 per basic share in the first quarter of 2012. As previously reported, results for the first quarter...

2013-02-21 20:21:28

DENVER, Feb. 21, 2013 /PRNewswire/ -- Newmont Mining Corporation (NYSE: NEM) ("Newmont" or the "Company") reported net income from continuing operations of $1.9 billion or $3.80 per basic share ($3.78 per share on a fully diluted basis) in 2012, compared with $0.5 billion, or $1.02 per share in 2011. Adjusted net income[1] was $1.9 billion or $3.71 per share in 2012, compared with $2.2 billion, or $4.31 per share a year ago. Financial Highlights 2012 Financial Results: Annual revenue of...

2013-02-21 16:31:16

DENVER, Feb. 21, 2013 /PRNewswire/ -- Newmont Mining Corporation (NYSE: NEM) ("Newmont" or "the Company") today announced it increased attributable gold reserves by 0.4 million ounces, net of depletion, to 99.2 million ounces in 2012. Highlights include: Gold reserves of 99.2 million ounces; Copper reserves of 9.5 billion pounds; The addition of 2.9 million ounces of gold reserves at the Merian project in Suriname; and The addition of 2.6 million ounces of gold inferred resources at the...

2012-11-14 12:21:58

JOHANNESBURG and LIMA, Peru, November 14, 2012 /PRNewswire/ -- Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) and Compania de Minas Buenaventura S.A.A. (Buenaventura) (NYSE, BVN; Lima Stock Exchange: BUE.LM) today announced an update on the Chucapaca exploration project in the southern Peruvian region of Moquegua. The project is a joint venture by Gold Fields (51%) and Buenaventura (49%) and operated by Gold Fields. The partners have studied the...

2012-11-01 15:24:33

DENVER, Nov. 1, 2012 /PRNewswire/ -- Newmont Mining Corporation (NYSE: NEM) ("Newmont" or the "Company") today reported attributable net income from continuing operations of $400 million, or $0.81 per share, down 19% from $493 million, or $1.00 per share in the third quarter of 2011. Results for the third quarter of 2012 compared to the third quarter of 2011 were positively influenced by higher production from Nevada and at Yanacocha. Revenue from product sales also benefited from higher...

2012-10-16 15:21:13

DENVER, Oct. 16, 2012 /PRNewswire/ -- Newmont Mining Corporation (NYSE: NEM) ("Newmont" or the "Company") today reported preliminary third quarter attributable gold and copper production of 1.24 million ounces and 35 million pounds, respectively. Preliminary attributable gold and copper sales were 1.21 million ounces and 38 million pounds, respectively, at average realized prices of approximately $1,659 per ounce of gold and $3.54 per pound of copper. The London PM Fix average gold price for...

2012-10-09 15:22:23

VANCOUVER, British Columbia, Oct. 9, 2012 /PRNewswire/ -- Lori McClenahan, President of St. Elias Mines Ltd. (SLI - TSX.V) (Frankfurt Exchange: EKL) (U.S. Clearing Symbol: SELSF) and Intigold Mines Ltd. (IGD - TSX.V) provides the following update with respect to the Cueva Blanca gold property located in northwest Peru. The property is owned 100% by St. Elias Mines Ltd ("St. Elias"). Intigold Mines Ltd. ("Intigold") has an option to acquire a 60% interest in the property. As previously...

2012-09-10 02:22:39

TORONTO, Sept. 10, 2012 /CNW/ - Guyana Goldfields Inc. ("GGI" or "the Company") (TSX: GUY) is pleased to announce the appointment of Marcel ("Mac") F. DeGuire as President & Chief Operating Officer of the Company, effective October 3, 2012. Mac DeGuire encompasses 40 years of diversified management and senior technical experience with specific resource industries expertise in project and operations management, business development, and government, environmental and regulatory...

2012-07-26 14:20:24

DENVER, July 26, 2012 /PRNewswire/ -- Newmont Mining Corporation (NYSE: NEM) ("Newmont" or the "Company") today reported attributable net income from continuing operations of $279 million, or $0.56 per share, down 47% from $523 million, or $1.06 per share in the second quarter of 2011. Adjusted net income(((1))) was $294 million, or $0.59 per share, compared with $445 million, or $0.90 per share, for the prior year quarter. Quarter Highlights: Sales revenue of $2.2 billion, a decrease of...

2012-07-25 10:21:09

DENVER, July 25, 2012 /PRNewswire/ -- Newmont Mining Corporation (NYSE: NEM) ("Newmont" or the "Company") today announced that Executive Vice President and Chief Operating Officer Gary Goldberg has been promoted to President and Chief Operating Officer, reflecting his increased scope and organizational responsibilities within Newmont. Richard O'Brien, Newmont's Chief Executive Officer, said, "Newmont is executing a comprehensive plan to drive profitable growth in production and sustainable...