newmont mining

This report is an intraday check of some of the more notable stocks that have hit a 52-week high or low so far today. 52-Week High:

• Newmont Mining Corp.
  
  (NYSE: NEM) high of $71.25. Newmont gaining as gold prices continue to rise. The metal is up $25.1 to $1804 per ounce, as investors look to the metal as a good buy following a couple of down trading days.
  
  Gold is down about 6.2 percent from a high of $1923.7 earlier in September.
• Celgene Corporation (Nasdaq: CELG) high of $65.84.

Newmont Mining has agreed to sell a 14 percent stake in an Indonesian gold mine for $494 million, ending a years-long dispute with the Indonesian government over how the mining company should sell shares as required under its contract to operate in the country.

Newmont Mining Corp. announced pricing Tuesday for senior notes that it expects will raise $1.97 billion in net proceeds for working capital.

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.

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.

Newmont Mining, one of the world's largest gold producers, says its first-quarter profit tumbled 48 percent, primarily driven by lower realized gold and copper prices.