Historical Stock Data on Newmont Mining;
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Free Historical Stock Data on Newmont Mining

Stock Symbol: NEM

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Business Description
Newmont Mining Corporation (NMC), along with its subsidiaries, is a worldwide company engaged in the production of gold, exploration for gold and acquisition of gold properties. The Company also has an interest in a copper/gold mine that commenced production in late 1999. In addition, the Company produces zinc, lead and copper concentrates at its property in Western Australia. On February 13, 2002, NMC approved the adoption of an Agreement and Plan of Merger that provides for a restructuring of the Company to facilitate the February 2002 acquisitions of Normandy Mining Limited and Franco-Nevada Mining Corporation Limited, and to create a flexible corporate structure. NMC merged with an indirect, wholly owned subsidiary that resulted in the Company becoming a direct wholly owned subsidiary of a newly formed holding company.

Financial Information
Newmont Mining Corp. is engaged in the production of gold, the development of gold properties, the exploration for gold and the acquisition of gold properties worldwide. For the six months ended 6/30/02, revenues rose 53% to $1.21 billion. Net income applicable to Common totaled $54.1 million vs. a loss of $72.6 million. Revenues reflect higher realized gold prices. Net income also reflects lower exploration costs and the absence of a $60.5 million merger and restructuring charge.