| Business Summary | | Newmont
Mining
Corporation
is
engaged
in
the
production
of
gold,
the
exploration
for
gold
and
the
acquisition
and
development
of
gold
properties
worldwide.
In
2000,
the
Company
produced
gold
from
mines
in
Nevada
and
California,
as
well
as
outside
of
the
United
States
from
operations
in
Peru,
Indonesia,
Mexico
and
Uzbekistan.
The
Company
also
produced
copper
concentrates
from
a
copper/gold
deposit
at
a
second
location
in
Indonesia.
As
a
result
of
the
merger
with
Battle
Mountain,
the
Company
now
has
added
gold
production
from
mines
in
Canada,
Australia
and
Bolivia.
In
both
2000
and
1999,
approximately
65%
of
its
gold
production
came
from
North
American
operations
and
35%
from
overseas
operations.
In
2000,
55%
of
its
overseas
production,
or
19%
of
its
total
production,
was
attributable
to
Minera
Yanacocha
in
Peru. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | 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
6/30/01,
revenues
fell
9%
to
$793.3
million.
Net
loss
applicable
to
Common
and
before
acct.
change
totaled
$72.6
million,
up
from
$19.7
million.
Results
reflect
lower
realized
gold
prices,
lower
gross
margins
and
a
$60.5
million
merger
and
restructuring
charge. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Ronald Cambre, 61 Chairman | $1.9M | Wayne Murdy, 56 Pres,
CEO, Director | 1.0M | John Dow, 54 Exec.
VP, Exploration | 687K | David Francisco, 50 Exec.
VP, Operations | 718K | Bruce Hansen, 42 Sr.
VP and CFO | -- | Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|