Newmont Mining Corporation
) has been named to the Dow Jones Sustainability World Index
(DJSI World) for the seventh straight year. The company is
recognized for sustainable development and responsible resource
management. Newmont through its mining and refining operations
adds value to its stakeholders and partners with them towards
DJSI World records the performance of 2,500 leading companies
worldwide and separately assesses their long-term economic,
environmental and social performance. The top 10% performers are
then selected from 59 industry groups. In 2013, DJSI World
selected 333 global companies as leaders in sustainable economic,
environmental and social performance.
The companies are evaluated on a number of factors such as
, risk and crisis management, environmental management and
performance, stakeholder engagement, community development,
energy management and climate change, biodiversity, human
resources, and safety.
Newmont was first included in DJSI World in 2007 and was the
first gold company to be selected. The company has also been
included in the DJSI North America Index every year since
Another gold company
Barrick Gold Corporation
) has been listed on the DJSI World for the sixth consecutive
year, and has also been included in the DJSI North American index
of leading companies for the seventh consecutive year.
Newmont released its second-quarter 2013 results on Jul
26. The company slipped to a loss on a reported basis in
the quarter, hurt by a hefty impairment charge. Weak gold and
copper pricing coupled with lower productions from South America
and Indonesia contributed to a double-digit drop in revenues.
Both adjusted loss and sales missed Zacks Consensus
Newmont currently holds a Zacks Rank #3 (Hold).
Other companies in the mining industry with favorable Zacks
US Energy Corp.
Denison Mines Corp.
). Both retain a Zacks Rank #2 (Buy).
BARRICK GOLD CP (ABX): Free Stock Analysis
DENISON MINES (DNN): Free Stock Analysis
NEWMONT MINING (NEM): Free Stock Analysis
US ENERGY CP-WY (USEG): Free Stock Analysis
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