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Precious Metals Advancers Maintain Upward Trend: Amarium Technologies, NovaGold Resources, Newmont Mining, Vale, Kinross Gold and Gold Fields


News provided by

FN Media Group, LLC

Nov 12, 2013, 08:43 ET

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CORAL SPRINGS, Florida, November 12, 2013 /PRNewswire/ --

Precious Metals & Market updates for advancing leaders in the mining sector: Amarium Technologies Inc. (OTC: AMMG), NovaGold Resources Inc. (NYSE: NG), Newmont Mining Corporation (NYSE: NEM), Vale S.A. (NYSE: VALE), Kinross Gold Corporation (NYSE: KGC) and Gold Fields Ltd. (NYSE: GFI)

Amarium Technologies Inc. (OTC: AMMG) reports Net Earnings for the 3rd quarter ending September 30, 2013, of $392,034, the Company's first earnings report to include revenues from the producing La Jovita and San Pedro Copper Mines in Michoacán, Mexico.  Amarium reported total production revenues from both sites of  $784,035 during the period.

To read the full press release, please click here: http://www.fnmprofiles.com/profiles-ammg.php 

Adam Carter, the President & CEO of Amarium stated that he was very pleased with the 3rd Quarter results, especially given all the changes the Company is currently undergoing. "Q3 is a milestone for the Company, as this marks the first earnings statement since the change of business direction and the acquisitions of the La Jovita and San Pedro Copper Mines.  Revenues and earnings exceeded projections, due to production of both our copper mills running well ahead of schedule. We can now begin to focus more of our attention on the ongoing expansion and exploration activities at La Jovita, to ensure our growth moving forward."

NovaGold Resources Inc. (NYSE: NG) engages in the exploration and development of mineral properties primarily in Alaska, the United States and British Columbia, Canada. The company primarily explores for gold, silver, copper, zinc, and lead ores. It primarily holds interest in the Donlin Gold deposits located in southwestern Alaska covering an area of approximately 81,361 acres. 

Newmont Mining Corporation (NYSE: NEM) recently reported attributable net income from continuing operations of $429 million, or $0.86 per share, up 7% from $400 million, or $0.81 per share in the third quarter of 2012. Third quarter results benefited from the sale of the Company's investment in Canadian Oil Sands Limited for approximately $587 million, resulting in a pretax gain of $280 million. Adjusted net income[2] was $227 million, or $0.46 per share, compared with $426 million, or $0.86 per share, for the prior year quarter. Results for the third quarter of 2013 were favorably impacted by higher production from Nevada and Other Australia/New Zealand operations. Improved production and stable operating costs relative to the prior year quarter were offset by declines of 20% and 13%, respectively, in gold and copper prices.

Vale S.A. (NYSE: VALE) engages in the research, production, and marketing of iron ore and pellets, nickel, fertilizers, copper, coal, manganese, ferroalloys, cobalt, platinum group metals, and precious metals in Brazil and internationally. Its Bulk Material segment engages in the extraction of iron ore and pellet production, as well as operation of transport systems in Brazil, including railroads, ports, and terminals related to mining operations. This segment is also involved in the production of manganese and ferroalloys; and mining of coal. The company's Base Metals segment produces non-ferrous minerals, including nickel and copper; and aluminum products. Vale S.A.'s Fertilizers segment provides potash, phosphates, and nitrogen. The company's Logistic Services segment offers cargo transportation services, such as rail transport, port, and shipping services for third parties. In addition, Vale S.A. generates energy through hydroelectric plants and centers in Brazil, Canada, and Indonesia; and has a natural gas exploration portfolio of 18 blocks in 4 petroleum basins in Brazil. 

Kinross Gold Corporation (NYSE: KGC), a Canadian-based gold mining company, recently signed a three-year deal with BT to provide a communications network connecting sites in the U.S., Canada, Brazil, Chile and Spain. Since 1993, Kinross has grown through the merger and acquisition of a number of smaller, specialized gold mining interests.  This created a challenge in developing and managing a centralized network infrastructure that can grow and house common applications.  Kinross chose BT Connect, a suite of network services, to bring together and manage the communications network.

Gold Fields Ltd. (NYSE: GFI) engages in the acquisition, exploration, development, and production of gold properties. It also explores for copper. The company holds interests in six operating mines in South Africa, Peru, Ghana, and Australia. It also has interests in the Granny Smith, Lawlers, and Darlot gold mines in Western Australia. The company has total gold mineral reserves of 64 million ounces and mineral resources of 155 million ounces.

FinancialNewsMedia.com  is leading provider of third party publishing & news dissemination services.  If you would like more information regarding our news coverage solutions, please visit http://www.financialnewsmedia.com   for more details.  Get an edge on the market with our Premium News Alerts   that are FREE for a limited time at http://www.financialnewsmedia.com/.  Follow us on Facebook:  http://www.facebook.com/financialnewsmedia   and Twitter: http://twitter.com/FNMgroup. Sign up for our FREE SMS News alerts delivered directly to your mobile phone by texting the word PRESS to 545454.  (SMS alerts are free, however data rates may apply, check your wireless plan for details.)

DISCLAIMER:  FN Media Group LLC (FNMG) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  FNMG is NOT affiliated in any manner with any company mentioned herein.  FNMG and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNMG's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  The companies that are discussed in this release may or may not have approved the statements made in this release.  FNMG is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  FNMG was compensated by AMMG, four thousand two hundred fifty dollars for the dissemination of this news release by Amarium Technologies Inc.

FNMG HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.  

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.

Contact Information:
Company:  FN Media Group, LLC
Contact email:  [email protected]
U.S. Phone: 1(954)345-0611
URL: http://www.financialnewsmedia.com

SOURCE FN Media Group, LLC

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