Word: newmont
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Even if you take the lowest estimates, it would be absolutely devastating," says Ed Pressman, who works for the American mining giant Newmont, which operates a mine 100 km south of Manado. "It's one of the great, unrecognized environmental disasters of our time." Then Pressman mentions a name that has been burned into the world's consciousness along with Bhopal and Chernobyl: Minamata...
...motive for these mountainous excavations: gold. In 1961 Livermore, then working for the Newmont Mining Corp., made a seminal discovery. He looked for gold in the "windows" of a geological feature known as the Carlin Trend. Windows occur where obscuring layers of rock, displaced by an uplift, have eroded to expose the rock below. When Livermore cut into a window on the Carlin Trend, he hit what nongeologists took to calling invisible gold...
Lord Hanson, the company's chairman, and Sir Gordon White, head of U.S. operations, have built their empire by acquiring assets at bargain prices and then selling off pieces to pay down their debts. As a result, the 102-year-old ConsGold, which owns 49% of Newmont Mining, the largest gold producer in the U.S., is likely to be split up. Some of its divisions may wind up in the hands of the company's first suitor, Minorco...
...investing in South Africa (S.A.)? 350 American companies do business in S.A., but 10 of them account for nearly 90 percent of all American investment in S.A.: Mobil. $450 million; IBM $360 million; Caltex, $334 million; Ford. $213 million; Kennecott, $130 million; Phelps-Dodge, $130 million; GM, $129 million; Newmont Mining, $127 million; Union Carbide, $51 million; Goodyear, $20 million...
...fend off any further takeover efforts, Conoco searched frantically for a merger partner. On rumor alone, the stock prices of Diamond Shamrock, Newmont Mining and Cities Service all leaped as investors speculated that Conoco was preparing to institute merger proceedings with them...