Analyst Opinion on Newmont Mining and Kinross Gold - Gold Keeps Its Luster, Companies Mixed
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LONDON, Nov 15 (Marketwire) -- While gold prices have been up and down this year, the yellow metal could soon rise, as the pending fiscal cliff in the U.S. could lead prices higher. Gold is often used as a hedge against inflation as well as a safe haven in times of economic uncertainty, both of which could continue through the remainder of 2012 and into 2013. This bodes well for the industry as well as companies such as Newmont Mining Corp. and Kinross Gold Corporation. www.WallStreetActive.com is unswerving when it comes teaching the new and pro traders on how to take the helm in a market environment that has been seeing waves upon waves of changes and reap the rewards of participating in various sectors. We invite serious traders to join our financial community so that they can benefit from our free analytical coverage on Newmont Mining Corp. (NYSE: NEM) and Kinross Gold Corporation (NYSE: KGC) by signing up at http://www.wallstreetactive.com/register.php While gold prices remain relatively high, the industry has been facing a number of challenges. Several companies have reported lackluster quarterly earnings, as increased operating costs have eaten into margins and profits. Select companies have also seen production levels drop, which is certainly a concern. Analyst opinion on Newmont Mining Corp. accessible for free at http://www.wallstreetactive.com/NEM15November12.pdf Moving forward, the industry is well positioned in terms of factors in place that could increase the price of gold, and several companies have been looking to expand their operations through exploration activity while others have been growing through acquisitions. Those that can keep production levels steady, or improve them, while keeping costs down could outperform their peers. See what our analysts have to say on Kinross Gold Corporation. Follow the Link below http://www.wallstreetactive.com/KGC15November12.pdf About Wall Street Active: Walls Street Active offers topmost independent research and investment strategies with the sole purpose of consistently identifying stocks that provide the biggest return on investment for our subscribers. We provide sharp North American stock investing opinion with a truly outstanding success rate. Our goal is for likeminded traders to make a lot of money through our information. Read our Disclaimer http://www.wallstreetactive.com/disclaimer.html Contact Person: Ravi S. Kapur Telecommunication, Information & Data Manager firstname.lastname@example.org Copyright 2012, Marketwire, All rights reserved. -0-
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