Newmont to sell Indonesia venture stake for $494M

Newmont Mining 2Q profit slides 40 percent
Newmont Mining Corp. says its second-quarter profit sank 40 percent, reflecting lower copper prices and costs related to its purchase of the remaining stake in an Australian gold mine.

NV gold mine fined $500,000 for fatality
Federal regulators have fined Newmont Mining Corp. more than $500,000 for safety violations they say contributed to the death of a worker at an underground gold mine in Nevada.

China Investment buying stake in Teck Resources
Mining company Teck Resources Ltd. says it is selling a 17 percent stake to China Investment Corp. for 1.74 billion Canadian dollars ($1.5 billion) in a bid to reduce its debt load.

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