Newmont Corporation NEM

Alternate Symbol(s): T.NGT

Metals & Mining Gold

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.

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Newmont Corporation > Just a Little Correction - $3,000+ Gold Price On Tap

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Comment by ecolo101on Apr 25, 2024 8:43am

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Post# 36006697

RE:Just a Little Correction - $3,000+ Gold Price On Tap

Q1 results are out. If you look at the line of average realized gold price for the first 3 months it is $2090.
with gold price at above $2300 now, this will be $300 per ounce profit on the bottom line for Q2 if it hold the line.
Newmont is well positioned for 2024.
the timing is right now.

dyodd
glta

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