Mexico And El Salvador Ponder Different Mining Stances [Yahoo! Finance]
Newmont Corporation (NEM)
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Source: Yahoo! Finance
to ban open-pit mining . Congress approved the bill in July after debating balancing environmental protection with economic priorities. "Open-pit mining warrants a thorough review, as activities such as sand extraction for cement production and lithium mining—critical for national development—are conducted using this method. It is vital to assess the specifics of the constitutional reform's provisions," Sheinbaum said Mexico's mining industry is a pillar of its economy, accounting for around 8% of its industrial GDP. In 2022, mining exports totaled $17.6 billion, generating a trade surplus of $12.8 billion. It directly employs over 370,000 workers and supports millions more in related industries such as logistics and equipment manufacturing. Large operating open-pit mines include Newmont's (NYSE: NEM Peñasquito and Southern Copper's (NYSE: SCCO Buenavista . The ban would likely stop the San Nicolás copper-zinc project, a 50-50 partnership between Teck Resources (NYSE: TECK ) and
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News
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- Orla Mining Announces Filing of Special Meeting Materials and 43-101 Technical Report for Musselwhite Acquisition [Yahoo! Finance]Yahoo! Finance
- Orla Mining Announces Filing of Special Meeting Materials and 43-101 Technical Report for Musselwhite Acquisition [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Newmont (NYSE:NEM shareholders incur further losses as stock declines 11% this week, taking three-year losses to 31% [Yahoo! Finance]Yahoo! Finance
- Newmont Files Early Warning Report [Yahoo! Finance]Yahoo! Finance
NEM
Earnings
- 10/23/24 - Beat
NEM
Sec Filings
- 12/6/24 - Form 3
- 12/4/24 - Form 4
- 12/4/24 - Form 4
- NEM's page on the SEC website