If you want to own a gold….

Article Excerpt

NEWMONT MINING $54.09 (New York symbol NEM; Shares outstanding: 483.0 million; Market cap: $26.1 billion; SI Rating: Average; Dividend yield: 0.7%) expects its gold production to rise 5% to 10% this year. Its new Boddington gold mine in Australia, which started operating in July 2009, is the main reason. Boddington’s reserves should last over 24 years. Newmont remains our top choice in gold stocks for safety-conscious investors. That’s because of its high-quality mines and low production costs. As well, most of the company’s production is in politically stable areas, such as North America and Australia. Newmont Mining is a buy. buy…