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DJ: DJ PRECIOUS METALS HIGHLIGHTS: Top Stories Of The Day
 
Newmont Sees Strong 2010 China Gold Demand

U.S.-based gold producer Newmont Mining Corp. ( NEM | Quote | Chart | News | PowerRating) said Monday that Chinese demand for gold bullion will remain strong this year, despite historically high prices for the metal.

STORIES OF INTEREST:



Avoca Resources CEO: Interested In Buying Frogs Leg Mine Stake

PERTH (Dow Jones)--Avoca Resources Ltd. (AVO.AU) said Monday it is interested in buying the 51% of the Frogs Leg gold mine that it didn't acquire through its recent takeover of Dioro Exploration NL.

South Africa 2009 Gold Production Falls 5.8% On Year-Industry

JOHANNESBURG (Dow Jones)--South Africa slipped down the rankings as a global gold producer last year, with output falling 5.8% on the year to 204,922.8 kilograms, the country's Chamber of Mines said Friday.

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PRECIOUS METALS: Comex Gold Pulls Back From $1,020 Area

NEW YORK (Dow Jones)--Gold futures fell Friday despite a markedly weaker U.S. dollar, as some of the risk premium from euro-zone debt fears left the metal and as it pulled back from an area of price resistance.

-By Elisabeth Behrmann, Dow Jones Newswires; +61 2 8272 4689; elisabeth.behrmann@dowjones.com

(END) Dow Jones Newswires

03-15-10 0110ET

For full details on Newmont Mining Corp (NEM) NEM. Newmont Mining Corp (NEM) has Short Term PowerRatings at TradingMarkets. Details on Newmont Mining Corp (NEM) Short Term PowerRatings is available at This Link.
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