Newmont Mining Corporation (NYSE: NEM) today reported second quarter
2014 financial and operating results, including:
Achieved reported net income attributable to shareholders from
continuing operations of $182 million, or $0.37 per basic share, and
adjusted net income 1 of $101 million, or $0.20 per basic
Reduced costs applicable to sales (CAS) by 17 percent to $744 per
ounce of gold and by 67 percent to $2.53 per pound of copper over
second quarter 2013 including current and prior period inventory
Generated cost savings of $359 million in gold all-in sustaining costs 2
Generated cash from continuing operations of $378 million and $124
million in free cash flow from continuing operations;
Delivered 1.2 million ounces
The draft pre-feasibility study set out in the independent National Instrument 43-101 Technical Report ("PFS Technical Report") prepared by a multi-company team led by AMEC E&C Services Inc. ("AMEC") for Duluth Metals Limited confirms that the proposed underground copper, nickel and Platinum Group Metals ("PGMs") mining project (the "TMM Project") is supported by financial fundamentals showing a competitive cost position, high margins sustained over time, and capital efficiencies resulting from outstanding regional and local infrastructure and competitive advantages.
JOHANNESBURG, SOUTH AFRICA--(Marketwired - August 11, 2014) - AngloGold Ashanti (NYSE: AU) reported a 17% increase in production for the second quarter compared with the same period a year earlier, as its two new mines continued to contribute lower-cost ounces, and a strong safety performance helped its South Africa operations improve their contribution.
Robust pipeline of specialty drugs requires strategies to reduce burden on health care system WOONSOCKET, R.I. , July 21, 2014 /PRNewswire/ -- A new Journal of the American Medical Association (JAMA) commentary published online today and scheduled to appear in the August 13 print edition addresses the controversy surrounding the high costs of new Hepatitis C Virus (HCV) treatments such as Sovaldi (sofosbuvir) and implications for the growing specialty pharmacy market.
NEW YORK, July 15, 2014 (GLOBE NEWSWIRE) -- ITG (NYSE:ITG) , a leading execution and research broker, today announced the launch of the ITG FX Trading Cost Index Application, an innovative new tool for Foreign Exchange traders and portfolio managers.
Consumers who chose less expensive MRIs after receiving price
information helped save $220 per test in total health system costs,
according to a study published in the August edition of Health
U.S. employers expect a 4% increase in 2015 health care costs for active
employees after plan design changes, according to global professional
services company Towers Watson (NYSE, NASDAQ: TW). If no adjustments are
made, employers project a 5.2% growth rate, putting absolute cost per
person for health care benefits at an all-time high.
By Melinda Beck
In the latest study to question the value of robotic surgery, researchers from Columbia University found that the technology costs significantly more and has a higher rate of complications than regular minimally invasive surgery for removing ovaries and ovarian cysts.
Independent. Insightful. Trusted. Morningstar provides stock market analysis; equity, mutual fund, and ETF research, ratings, and picks; portfolio tools; and option, hedge fund, IRA, 401k, and 529 plan research. Our reliable data and analysis can help both experienced enthusiasts and newcomers.