HONG KONG--(Marketwire - February 17, 2012) - This morning, www.MarketFoundations.com announced new reports highlighting Newmont Mining Corporation (NYSE: NEM) and IAMGOLD Corporation (USA) (NYSE: IAG). Free research downloads are available at www.MarketFoundations.com/index.php?coa=NEM&cob=IAG.
Economic fundamentals leading into 2012 have set a generally positive pace with GDP growth likely to pick up through the coming year. However, there are several important caveats to note as the world economy continues to face headwinds and risks weigh to the downside. Positive outlooks are conditional on fiscal policy in payroll taxes and unemployment insurance benefits and upon the easing of the European debt situation. A repeat of volatility experience in 2011 is likely in 2012, as perceptions about the strength of the U.S. economy and the euro zone will vary over time as events unfold.
Despite the current situation, our team continues to identify high momentum situations with growth potential -- there remains strong opportunity within careful discretion.
Market Foundations is releasing new coverage on Newmont Mining Corporation for its current position within the basic materials industry. Newmont Mining Corporation (Newmont) is a gold producer. At December 31, 2010, Newmont had gold reserves of 93.5 million ounces and an aggregate land position of approximately 27,500 square miles (71,100 square kilometers). Newmont is also engaged in the production of copper, principally through its Batu Hijau operation in Indonesia and Boddington operation in Australia. The full research report on Newmont Mining Corporation (NYSE: NEM) is available here: www.MarketFoundations.com/index.php?coa=NEM.
Market Foundations has released research on IAMGOLD Corporation (USA) for its changing role within the basic materials industry. IAMGOLD Corporation (IAMGOLD) is a mid-tier gold mining company producing approximately one million ounces annually from five gold mines (including joint ventures) on three continents. The Company is engaged primarily in the exploration for, and the development and production of, mineral resource properties throughout the world. The full research report on IAMGOLD Corporation (USA) (NYSE: IAG) is available here: www.MarketFoundations.com/index.php?cob=IAG.
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