Newmont Mining Corp (NYSE:NEM) declared force majeure over Indonesian export taxes, a surprising move that allows the company to back out of contracts without penalty and could raise tensions with the resource-rich nation. Newmont Mining Corp (NYSE:NEM) net profit margin is -33.80% and weekly performance is 1.14%. On last trading day company shares ended up $23.02. Analysts mean target price for the company is $26.74. Newmont Mining Corp (NYSE:NEM) distance from 50-day simple moving average is -4.39%.
GOLDCORP INC. (NYSE:GG) declared to offer $1.0 billion senior unsecured notes. It will consist 3.625% notes worth approximately $550 million, which is due on 9th June, 2021 and 5.45% notes worth approximately $450 million due on 9th June, 2044. The Closing Date for this offer is 9th June, 2014. Goldcorp Inc. (USA) (NYSE:GG) shares advanced 1.31% in last trading session and ended the day on $23.28. GG Gross Margin is 26.10% and its return on assets is -8.70%. Goldcorp Inc. (USA) (NYSE:GG) quarterly performance is -15.80%.
Barrick Gold Corporation (USA) (NYSE:ABX) built its case for a merger with Newmont Mining on the savings the world’s two largest gold miners by output could extract from their joint holdings in Nevada. Now Barrick’s chief executive says that the miner has “moved on” from the aborted merger attempt but insists Nevada remains central to its plans. Barrick Gold Corporation (USA) (NYSE:ABX) shares moved up 1.07% in last trading session and was closed at $16.09, while trading in range of $16.01-$16.28. Barrick Gold Corporation (USA) (NYSE:ABX) year to date performance is -8.21%.
A Pampa area high school senior has been selected to receive a $16,000 college scholarship from the ConocoPhillips (NYSE:COP) Dependent Scholarship Program. ConocoPhillips (NYSE:COP) ended the last trading day at $80.05. Company weekly volatility is calculated as 1.00% and price to cash ratio as 15.08. ConocoPhillips (NYSE:COP) showed a positive weekly performance of 0.63%.
On May 29,2014 Green Cures & Botanical Distribution Inc (OTCMKTS:GRCU) is pleased to announce the addition of CBD Capsules to its line of products in the upcoming weeks. Green Cures’ set of 30 CBD Capsules will initially contain 50 milligrams of Pure CBD-Hemp Oil per capsule. Green Cures’ CBD Capsules do not contain controlled substances, as their low THC content falls within federal guidelines. Therefore, Green Cures will be able to market, distribute and sell its upcoming product online and through retailers across the nation. Cannabidiol (CBD) has been the subject of numerous scientific studies at several academic research centers in the United States and across the globe. It is the second most prominent ingredient found in the Cannabis plant, accounting for up to 40% of the plant’s extract. According to published scientific and clinical studies, CBD may act in the form of an experimental model to improve a wide range of conditions, including epilepsy, arthritis, rheumatoid, diabetes, alcoholism, chronic pain, schizophrenia, antibiotic-resistant infections, and other neurological disorders. Green Cures & Botanical Distribution Inc (OTCMKTS:GRCU) On last trading day company shares ended up $0.0210.