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Newmont Corporation NEM

Alternate Symbol(s):  T.NGT

Newmont Corporation is a gold company and a producer of copper, zinc, lead, and silver. The Company’s portfolio of assets and prospects is anchored in mining jurisdictions in Africa, Australia, Latin America & Caribbean, North America, and Papua New Guinea. Its African operations include Ahafo and Akyem. Its Australian operations include Boddington, Cadia, Tanami and Telfer. Its Latin America and Caribbean (LATAC) operations include Cerro Negro, Merian, Penasquito, Pueblo Viejo JV and Yanacocha. Its North American projects include Brucejack, Cripple Creek & Victor, Eleonore, Musselwhite, Nevada Gold Mines JV, Porcupine and Red Chris. Its Papua New Guinea projects include Lihir. Its Ahafo mine is located in the Ahafo region, approximately 290 kilometers (km) northwest of Accra, Ghana. Boddington is located 130 km southeast of Perth in Western Australia and its project area comprises over 52,506 acres (21,249 hectares) of mining tenure leased from the State of Western Australia.


NYSE:NEM - Post by User

Comment by ecolo101on Apr 11, 2024 1:41pm
52 Views
Post# 35983773

RE:RE:National Bank Raises NGT PT to $71 CAD from $54

RE:RE:National Bank Raises NGT PT to $71 CAD from $54

Nice comment! The best way to participate is to buy slowly on a pullback to get a decent average price. Last year during this period we were between $41 and $51. A year later because of poor mgmnt we are $10 lower.  How much can we do? Not much... But looking at recent commodity price rally we should get better results as long as they keep mine efficiency on target.  And they are paid for that it is their cup of tea... Q1 results need to be better....they need to show free cash flow generation.

nevertheless gold is hanging past $2300 and this is great. Silver at $28. let's hope to have another summer 2016 or 2020.

gold will shine and mining large and juniors will get their little spike coming. When difficult to put the finger on it....i am still hanging in with NEM. 

my two cents

dyodd

glta

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