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Newmont Mining Corporation (holding Company) (NYSE: NEM) reiterated to Neutral by Citigroup

Tuesday,  Dec 1, 2015  10:25 AM ET by Lynn Gilbert

Citigroup reiterated Newmont Mining Corporation (holding Company) (NYSE: NEM) to Neutral.
Previously, Citigroup rated Newmont Mining Corporation (holding Company) (NYSE: NEM) to Hold on 04/08/2009, when the stock price was valued at $42.37.

Newmont Mining Corp. is engaged in the production of gold, the exploration for gold and the acquisition and development of gold properties worldwide. The company produces gold from mines in Nevada and California, and, outside of the United States, from operations in Peru, Indonesia, Mexico and Uzbekistan.

Citi Investment Research is a highly respected research unit and is comprised of 390 research analysts across 22 countries. Citi Investment Research covers 3,100 companies, representing 90 percent of the market capitalization of the major global indices, and provides macro and quantitative analysis of global markets and sector trends. Combined with Citi's exceptional sales and trading capabilities and Smith Barney's financial consultants, the core focus of the group is to help investing clients make informed decisions by providing value-added, independent, insightful analysis.

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