Shares of gold mining companies rose Thursday as the broader stock market gained and the price of the precious metal increased.
Gold for June delivery rose $10.90 to settle at $882.10 an ounce on the New York Mercantile Exchange.
Here is how some gold miners are trading:
Goldcorp Inc. rose $2.51, or 6.7 percent, to $39.89.
Gold Fields Ltd. [...]

A senior vice president of goldminer Newmont Mining Corp. exercised options for 18,875 shares of stock, according to a Securities and Exchange Commission filing.
In a Form 4 filed with the SEC Monday, Guy Lansdown reported he exercised the options Thursday for $13.22 to $28.11 apiece and then sold 19,855 shares the same day for $52.84 [...]

Newmont Mining Corp. (NEM) elected Vincent Calarco as non-executive chairman, effective Jan. 1.
The Denver gold company said Calarco succeeds Wayne Murdy, who will retire at the end of the year.
Newmont Mining said Calarco joined the board in 2000 and currently serves as chairman of the corporate governance and nominating committee and a member of [...]

A nickel project on Indonesia’s Sulawesi island involving Rio Tinto Ltd/Plc should be agreed under existing mining laws to ensure it is attractive, the CEO of the mining firm said on Monday.
The comments by Tom Albanese highlight concern among mining firms over a draft mining law currently being debated by Indonesia’s parliament which includes plans [...]

Newmont Mining Corp., the world’s second-biggest gold producer, said profit plunged 67 percent in the first quarter as slumping output and higher mining costs erased the benefits of a price rally.
Net income fell to $68 million, or 15 cents a share, from $209 million, or 47 cents, a year earlier, Denver-based Newmont said today [...]

Newmont Mining Corp., the world’s second-largest gold miner, plans to divest a further 7 percent stake in its Batu Hijau copper-gold mine in Indonesia and offered the shares to the government for about $325 million.
“We’ve made the offer, based on a value of $4.65 billion for the mine,” Newmont spokesman Rubi Purnomo said in Jakarta [...]

Newmont Mining Corp., one of the world’s leading gold producers, on Thursday said sharply higher gold prices powered a more than threefold increase in fourth-quarter profit, even as sales volumes dipped.
The Denver-based miner said net income swelled to $223 million, or 49 cents per share, in the last three months of 2006 from $62 million, [...]

Newmont Mining Corp., the world’s second-largest gold producer, said on Thursday that fourth-quarter profit more than tripled on much higher gold prices.
Net earnings were $223 million, or 49 cents per share, compared with $62 million, or 14 cents per share, a year earlier, the Denver-based mining company said.

Barrick Gold Corp., the world’s largest gold producer, said fourth-quarter profit more than doubled as prices climbed, and acquisitions and new mines boosted production.
Net income surged to $418 million, or 48 cents a share, from $175 million, or 32 cents, a year earlier, the Toronto-based company said today in a statement. Sales gained 74 percent [...]

Franco Tito has fought small-scale gold diggers like himself for 20 years to keep control of a 100- meter mountain tunnel in the southern Philippines. Now he’s girding for battle against the world’s biggest mining companies.
“You can’t expect miners like us to give up to overseas investors our only source of livelihood,” said Tito, 49, [...]