The gold stock is falling, but it has nothing to do with the price of gold.
Newmont has issued a notice of default to Barrick over alleged mismanagement at their Nevada JV, complicating the Canadian miner’s plan to spin off its North American assets.
Newmont (NYSE:NEM) is pressing Barrick to improve operations and management at their Nevada Gold Mines joint venture. The ...
Savvy investors could want to take advantage of the recent sell-off and go for the gold.
The Nevada joint venture dates back to 2019, after Barrick made a hostile takeover bid for Newmont — which at the time was ...
Barrick Gold Corporation eyes 70% EBITDA margins, $6B FCF, and dividends via Mali restart and US spin-off at a discount with ...
Commercial production was achieved at Ahafo North, adding over 300,000 ounces of gold production to the portfolio for the year. Viljoen emphasized continued project execution at Tanami and Cadia, and ...
Gold prices and gold stocks plunged last week. However, Newmont and Barrick have two key growth drivers that appear to be sustainable. Both gold stocks are already rebounding and could continue rising ...
With gold prices sustained above $4,500 per ounce—peaking as high as $5,595 in recent weeks—Newmont trades at $124.69, near its 52-week high of $134.88. EPS estimates have climbed 10.86% over the past ...
Newmont Corporation has asked Toronto-based Barrick Gold to improve operations at its joint venture before Barrick moves ahead with a planned initial public offering (IPO) later this year.
Newmont will focus on widening margins as it capitalizes on a record rally in gold prices, its chief executive said, after the world’s largest gold miner reported a drop in fourth-quarter profit on ...
Newmont Corporation (NYSE:NEM) announced that President and COO Natascha Viljoen will become CEO following the retirement of current CEO Tom Palmer. The leadership transition follows the company's ...
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