Significant Basic Components Stocks in News (ACI, NEM)

New York, NY -- (SBWIRE) -- 03/01/2013 -- Arch Coal, Inc. (NYSE:ACI) recently sent four key players in the local mining industry to speak to county officials. Chuck Duckworth and his associates presented information on both the Shelby and Tucker Run Mine projects, as well as, giving an update on the Leer Mine located between Grafton and Thornton.

Arch Coal Inc (NYSE:ACI) lost nearly 4% to $5.23 with 10.9 million shares changing hands. The company is one of the largest coal producers, selling its product to power plants, steel mills and industrial facilities. The company is 73% owned by institutions and has a market cap of $1.1 billion. It traded the last 52 weeks in the range $5.16-$14.00. The stock is trading below its 200-day moving average of $6.96 and is in a downtrend. Over the past one year the stock has lost 60.86% of its value. Early this month, JP Morgan downgraded the stock to neutral and Nomura Securities from $6.00 to $5.00.

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Newmont Mining Corporation (NYSE:NEM) is a gold producer. The Company’s operating segments include North America, South America, Asia Pacific and Africa. Its North America segment consists primarily of Nevada in the United States, La Herradura in Mexico and Hope Bay in Canada.

Newmont Mining Corporation (NYSE:NEM) today announced that President and Chief Operating Officer Gary Goldberg has been named President and Chief Executive Officer and joined Newmont's Board of Directors, pursuant to a succession plan announced on December 3, 2012.

Shares of Newmont Mining Co (NYSE:NEM) is -0.44 - -1.09% from the previous close of $40.29. It traded between $39.72 - 40.59 with total traded volume of 4829401 shares. Keep a close eye on NEM, as the stock has been showing unusual moves over the past weeks. At Current market price, NEM has recovered -0.70% from its 52-week Low of 40.13 and has Pulled back -32.99% from its 52-week high of 59.47.

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