Gday Chuk and Redimoney. Companies such as Newmont, BHP and Rio Tinto are not big on releasing results to the market.
In Terms of Newmont when you have a total resource of a 142 million ounces, there share price isnt impacted by the find of a 2 million ounce deposit. As far as im aware in terms of asx listing rules, correct me if I am wrong. Results only have to be released if they are going to have a significant impact on the share price.
These very large mining houses there share prices are more influenced by profit results, profit guidance and current commodity prices.
I believe these large companies like to keep a lot of there mineral discoveries a secret for as long as possible, so they can buy up leases and explore futher a field as cheaply as possible.
I hope my answer helps and makes sense.
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