Mining Companies Release Financial Results, Commence Operations and Make New Appointments - Research Report on Freeport-McMoRan, AngloGold, Kinross Gold, Eldorado Gold, and Gold Fields

NEW YORK, August 8, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Today, Investors' Reports announced new research reports highlighting Freeport-McMoRan Copper & Gold Inc. (NYSE: GFI), AngloGold Ashanti Ltd. (NYSE: AU), Kinross Gold Corporation (NYSE: KGC), Eldorado Gold Corp. (NYSE: EGO), and Gold Fields Ltd. (NYSE: GFI). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Freeport-McMoRan Copper & Gold Inc. Research Report

On July 23, 2013, Freeport-McMoRan Copper & Gold Inc. (FCX) reported its Q2 2013 financial results. The Company's revenue for Q2 2013 came in at $4.3 billion, down 4.2% YoY.  FCX reported net income attributable to common stock of $482 million or $0.49 per share, in Q2 2013, in comparison with $710 million or $0.74 per share, in Q2 2012. James R. Moffett, Chairman of the Board; Richard C. Adkerson, Vice Chairman, President and CEO; and James C. Flores, Vice Chairman and President and Chief Executive Officer of FM O&G, commented, " As an organization, we are focused on strong execution of our business plans, which provide exposure to a significant, geographically diverse natural resource base, with an established and successful operating history and with multi-faceted and financially attractive growth opportunities." The Full Research Report on Freeport-McMoRan Copper & Gold Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/234e_FCX ]

--

AngloGold Ashanti Ltd. Research Report

On August 1, 2013, AngloGold Ashanti Ltd's (AGAL) subsidiary, AngloGold Ashanti Australia Ltd. (AGAAL) announced that its Tropicana Gold Project has started its commissioning phase and the Company anticipates that first gold will be produced in Q3 2013. Graham Ehm, AngloGold Ashanti's Executive Vice President: Australia, Group Planning & Technical, commented, "Tropicana is a significant new, low-cost mine in an emerging gold province and will improve the quality of AngloGold Ashanti's portfolio. We continue to make good progress with our partners on a project we've taken up the value curve, from discovery to commissioning." According to the Company, the expected capital expenditure for the project stays at the prior guidance of within AUD 820-AUD845 million on a 100% basis. The average annual production and cash operating costs in the first three years are also within previous guidance (100% project) of between 470-490 thousand ounces at between AUD590/oz. - AUD630/oz. The Full Research Report on AngloGold Ashanti Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/2690_AU ]

--

Kinross Gold Corporation Research Report

On July 31, 2013, Kinross Gold Corporation (Kinross) reported financial results for Q2 2013. Revenue decreased by 3.7% YoY to $968 million. Kinross produced 655,381 gold equivalent ounces (Au eq. oz.), compared with 632,772 ounces in Q2 2012. Reported net loss was at $2.5 billion, or $2.17 per share, in comparison with net earnings of $113.9 million, or $0.10 per share, in Q2 2012. Kinross expects its full year 2013 production to be within 2.4-2.6 million attributable Au. eq.oz, with production costs of sales at $740-$790 per Au eq.oz, and all-in sustaining costs at $1,100-$1,200 per Au oz. sold.  The Full Research Report on Kinross Gold Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/03c2_KGC ]

--

Eldorado Gold Corp. Research Report

On August 2, 2013, Eldorado Gold Corp. (Eldorado) reported its Q2 2013 financial and operation results. Revenue was up 9.3% YoY to $266.9 million, led by increased gold sales volumes which offset lower gold prices. Net income stood at $43.3 million or $0.06 per diluted share, compared with $46.6 million or $0.07 per diluted share, in Q2 2012. Paul N. Wright, Eldorado CEO,  commented, "During the second quarter Eldorado produced 183,971 ounces of gold at an average cash operating cost of $478 per ounce, a 31% increase over Q2 2012 gold production. Our gold mines continue to perform to plan and generate significant cash flows. With its strong balance sheet and comparatively low cost gold mining operations, Eldorado is well positioned to confront the recent weakness in gold prices." For full-year 2013, the Company expects Gold production to be 745,000 ounces with cash costs of $520/oz. The Full Research Report on Eldorado Gold Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/d818_EGO ]

--

Gold Fields Ltd. Research Report

On July 30, 2013, Gold Fields Ltd. (Gold Fields) announced that it has appointed Alfred Baku as Senior Vice-President and Head of its West Africa Region, as well as a member of the Company's Group Executive Committee, effective August 1, 2013. Nick Holland, CEO of Gold Fields, said, "We are delighted to announce Alfred's promotion to head up our West Africa region and to our Group Executive Committee. He brings strong continuity, technical depth and leadership to our operations in West Africa and has well established relationships with our key stakeholders. Our West African operations are a key component of our portfolio of assets and Alfred is well suited to lead this region into the very challenging next phase of its development." According to Gold Fields, Baku is at present Vice-President of Operations for the West Africa region, and is the first Ghanaian to head up the region. The Full Research Report on Gold Fields Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/c005_GFI ]

----

EDITOR NOTES:

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider has, through Chartered Financial Analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

http://InvestorsReports.com

SOURCE Investors' Reports