Back to top

Analyst Blog

Newmont Mining Corporation (NEM - Analyst Report) 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 risk reduction.

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 transparency, corporate governance, 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 2006.

Another gold company Barrick Gold Corporation (ABX - Analyst Report) 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 Estimates.

Newmont currently holds a Zacks Rank #3 (Hold).

Other companies in the mining industry with favorable Zacks Rank are US Energy Corp. (USEG - Snapshot Report) and Denison Mines Corp. (DNN - Snapshot Report). Both retain a Zacks Rank #2 (Buy).

Please login to or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research


Are you a new Zacks Member or a visitor to

Top Zacks Features

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
TRIQUINT SE… TQNT 20.61 +6.21%
RF MICRO DE… RFMD 12.41 +5.53%
VASCO DATA… VDSI 14.83 +5.07%
CHYRONHEGO… CHYR 2.85 +4.78%
PLANAR SYST… PLNR 5.02 +2.87%