Newmont Mining Corporation

Industry: Gold Silver Materials Manufacturing

Fortune Rank: 295

Newmont Mining Corporation primarily engages in the acquisition, production, and exploration of gold properties. The company has mining operations in the United States, Australia, Peru, Indonesia, Canada, Uzbekistan, Bolivia, New Zealand, Ghana, and Mexico. As of December 31, 2004, Newmont had 92.4 million equity ounces of proven and probable gold reserves and an aggregate land position of approximately 51,500 square miles. The company also engages in silver, copper, and zinc production, as well as in merchant banking operations. Its merchant banking business includes portfolio management, such as providing in-house investment banking and advisory services. Newmont Mining Corporation was founded by William Boyce Thompson in 1921. The company is headquartered in Denver, Colorado.

Newmont Mining Corporation

Newmont Mining Corporation is a Fortune 500 company. In 2010 Newmont Mining Corporation was ranked number 295 on the Fortune 500 list, making it the 295th largest company in the United States when judged by revenue.

Newmont Mining Corporation achieved revenue of $7,737.00 million in 2010 and earned a profit of $1,297.00 million.

Newmont Mining Corporation' rank improves

The company ranking improved in 2010, moving up the Fortune 500 list to 295th compared to 400th in 2009. This was based on its 2009 revenue of $6,199 million (a change of 1 million compared to 2010) and profits of $853 million (a change of $-852 million compared to 2009).

Another point of view

To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then Newmont Mining Corporation would be ranked 100th rather than 295th due to its profits of $1,297 in 2010.

Newmont Mining Corporation Revenue* Profit* Fortune Ranking

* US$ Million

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