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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 MaterialsManon May 10, 2024 7:22am
69 Views
Post# 36032981

RE:Gold in retreating mode

RE:Gold in retreating modeWe could also see 2500 by June. There are lots of variables out there.
Uncertainty breeds volatility.
Heck, we might even see that number before day's end.
Of course that would be unprecedented, but geopolitics seems to be entering the equation.
Fear and fomo may begin to affect the market.
Between yesterdays 3%, and 2% on todays pre market, we are looking at a pretty good move.
NEM could easily get to 80 in short order if this action keeps up.
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