May 4, 2010

NEWMONT MINING: Accrues $704MM at March 31 for Reclamation Costs

COMPANIES: Newmont Mining Corp
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Newmont Mining Corporation says that US$704 million at March 31, 2010 (US$698 million at Dec. 31, 2009) were accrued for reclamation costs relating to mineral properties in accordance with asset retirement obligation guidance.

The current portions of US$34 million at March…

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TOPICS: Earnings | Legal Issues, Litigation | Loans & Financing | Mining | SEC-Qtrly, Annual Reports | Securities & Exch Comm, US
LOCATIONS: Colorado | United States