On Tuesday, in the course of Afternoon trade, Shares of Newmont Mining Corp (NYSE:NEM), climbed 0.18%, and is now trading at $16.45.
Newmont Mining Corporation, has accomplished the acquisition of the Cripple Creek & Victor (“CC&V”) gold mine in Colorado from AngloGold Ashanti Ltd. for US$820 million, plus a 2.5 percent net smelter return royalty on potential future gold production from underground ore.
“CC&V is a value accretive acquisition that adds profitable production and free cash flow while improving our portfolio mine life and costs in a favorable jurisdiction,” said Gary Goldberg, President and Chief Executive Officer. “Compriseent with what we’ve achieved at our other operations, we believe we can lower CC&V’s direct mining costs by up to ten percent through mine plan optimization, and improve mill recoveries by up to two percent by applying proprietary technology. We look forward to welcoming CC&V’s team to Newmont.”
Newmont Mining Corporation operates in the mining industry. It primarily acquires, develops, explores for, and produces gold, copper, and silver deposits. The companys operations and/or assets are located in the United States, Australia, Peru, Indonesia, Ghana, and New Zealand.
During an Afternoon trade, Shares of American Express Company (NYSE:AXP), dipped -0.37%, and is now trading at $75.70.
American Express (AXP) offered a $250,000 grant to the National Trust for Historic Preservation to restore Boston’s Historic Nantucket Lightship/LV-112. A key symbol of our nation’s maritime heritage, the Nantucket Lightship was known as the “Statue of Liberty of the Sea;” the last landmark seen by vessels departing the United States; and the first beacon seen by many immigrants entering U.S. waters when it was anchored near the dangerous Nantucket Shoals from 1936 to 1975.On Friday, August 7 – On National Lighthouse Day, the restoration will be unveiled to the public.
American Express Company, together with its auxiliaries, provides charge and credit payment card products and travel-related services to consumers and businesses worldwide.
Finally, Nextera Energy Partners LP (NYSE:NEP), lost -3.43% Tuesday.
NextEra Energy Partners, has posted its second-quarter 2015 financial results.
Jim Robo, chairman and chief executive officer, Moray Dewhurst, chief financial officer, and other members of the partnership’s senior administration team will talk about the partnership’s financial results during an investor presentation to be webcast live, startning at 9 a.m. ET recently.
NextEra Energy Partners, LP acquires, owns, and operates contracted clean energy projects. It owns interests in wind and solar projects in North America with a portfolio of about 1,923 MW of contracted, clean energy projects.
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