Thursday, September 15, 2011

Newmont Mining: It’s No Golden Play

Gold producer Newmont Mining (NYSE: NEM ) is near the top of Fortunes list of
the 10 largest fastest-growing companies . Is that a good enough reason to buy
its stock? A look at Newmonts latest earnings suggests that fast growth does not
necessarily mean high profitability. While Newmont is digging for gold around
the world Ghana, North America, South America and the Asia Pacific region

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