Kitco's Alex Letourneau shares first quarter results of Newmont Mining Corporation, Stillwater Mining Company, Yamana Gold and Goldcorp in this week's edition of "Mining Minutes". Low metal prices and high cash costs have spiraled earnings downwards for mining companies. Newmont, the largest U.S. gold-based miner, reports lower profits as well as gold and copper production. Similarly, Yamana Gold's revenues fell by 4% despite increased production and gold sales in the first quarter. Although Stillwater Mining managed to lower its debt and maintain good financial results, there are mismanagement allegations against CEO Frank McAllister made by new board member Brian Schweitzer and Clinton Group. GoldCorp also reports a dip in revenues but remains optimistic with its announcement of 3 major projects expected in 2014-2015. Kitco News, May 3, 2013.
Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: http://kitcomm.com -- Or join the conversation on social media: @KitcoNewsNOW on Twitter: http://twitter.com/kitconews --- Kitco News on Facebook: http://facebook.com/kitconews --- Kitco News on Google+: http://google.com/+kitco --- Kitco News on StockTwits: http://stocktwits.com/kitconews
First-Quarter Earnings For Miners Keep Same Tune - Mining Minutes - Kitco News | |
| 325 views views | 31,528 followers |
| 1 Likes | 1 Dislikes |
| News & Politics | Upload TimePublished on 3 May 2013 |
| pensamento positivo atrai coisas boas, pensamento positivo em ingles, pensamento positivo frases curtas, pensamento positivo faz milagres, pensamento positivo atrai, pensamento positivo musica, pensamento positivo tumblr, pensamento positivo mensagem, pensamento positivo atrai pessoa amada, pensamento positivo para hoje, pensamento positivo atrai coisas positivas, pensamento positivo oração da prosperidade, pensamento positivo o segredo, pensamento positivo bom dia, pensamento positivo livro, pensamento positivo pensador, pensamento positivo sempre frases, pensamento positivo facebook, pensamento positivo musica espirita, pensamento positivo e fé | |
Không có nhận xét nào:
Đăng nhận xét