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Newmont Corporation T.NGT


Primary Symbol: NEM

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 27, 2024 10:13am
52 Views
Post# 36010871

RE:Up to now

RE:Up to now

This is only for one major. Others have not been reacting too much so far.
i am anxious to see the juniors finally get their ride up....

the inferred gold material already proven is not valued to the current gold price environment. This will change over the next few months. Difficult to predict when it will start but maybe following a pullback and with available cash for the sideline. 

a 2-3 times initial bet could spark some people to invest small amounts. 

NEM was undervalued for gold but also copper and other material. But there is a lot of work to do  this year on synergies, selling asset to reduce long term debt and managing the mines for maximum efficiency, safety, environmental issues etc.
this is the role of the CEO to watch like a hawk. 


let's hope for the best.

dyodd
glta

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