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Bullboard - Stock Discussion Forum 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... see more

NYSE:NEM - Post Discussion

Newmont Corporation > $2600.00
View:
Post by MaterialsMan on Sep 18, 2024 3:00pm

$2600.00

Did the spot gold price break through the new magic #?
It's hard to say. I can't seem to find the answer. I did see one chart that cleary showed it did.
I guess we'll have to wait for the experts to decide. That's unless in makes another run before the afternoon is out.
I know the uptick boosted NEM's MC by about two billion in practically no time at all.
These are exciting times for gold bugs.
Comment by willyk3 on Sep 18, 2024 3:17pm
Im waiting for the sale of those secondary properties...to see if they bring back some of that divvy we lost.. Canadian oils finally realized that investors want to see the money. An industry that may or may not be in its twiight years has discovered that returning capital to shareholders thru divvy and buybacks is the magic sauce. Its high time that gold miners learned this lesson
Comment by MaterialsMan on Sep 18, 2024 7:57pm
Kitco had today's intraday spot at 2,600.90.