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Newmont Corporation NEM

Alternate Symbol(s):  T.NGT

Newmont Corporation is a gold company and producer of copper, zinc, lead, and silver. Its portfolio of assets, prospects is anchored in mining jurisdictions in Africa, Australia, Latin America & Caribbean, North America, and Papua New Guinea. Its African operations is Ahafo. 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 in the Ahafo region, approximately 290 kilometers (km) northwest of Accra, the national capital city. The Boddington mine operates within the Saddleback greenstone belt in Western Australia. Boddington is located 16 km from the rural farming town of Boddington and 130 km from Western Australia’s capital city, Perth.


NYSE:NEM - Post by User

Post by ecolo101on Mar 19, 2024 4:35pm
144 Views
Post# 35941594

Gold still at $us 2161 per oz.

Gold still at $us 2161 per oz.This is bringing more cash on the bottom line. NEM will generate more cash flow in Q1.
as long as the company manages production cash cost as per budget, the higher gold price will support higher profitability.
Institution investors should get on board now at lower pricing and become bagholders because we will see higher stock price down the road.
a little bit of patience and it will come.

glta

Dyodd
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