China looks at IAMGold

IAMGOLD $4.83 (Toronto symbol IMG; TSINetwork Rating: Speculative) (1-888-464-9999;; Shares outstanding: 468.0 million; Market cap: $2.2 billion; No dividends paid) has reportedly attracted some takeover interest from China National Gold Group Corp., that country’s second-biggest gold miner.
The global gold-mining industry has, in fact, seen two recent acquisition deals:… Read More

Our top gold is now stronger

NEWMONT GOLDCORP CORP. $32 (New York symbol NEM; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 819.6 million; Market cap: $26.2 billion; Price-to-sales ratio: 1.6; Dividend yield: 1.8%; TSINetwork Rating: Average; took its current form on April 18, 2019, when Newmont Mining acquired Goldcorp Inc. Newmont paid… Read More

Newmont strikes key deal

NEWMONT MINING $35.95 (New York symbol NEM; Shares outstanding: 532.7 million; Market cap: $19.1 billion; TSINetwork Rating: Average; Dividend: 1.6%; has now agreed to fold its gold mines in Nevada into a new joint venture with Barrick Gold Corp. (Toronto symbol GOLD). As a result,… Read More