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Newmont shares on NYSE are up 15.68% since Wednesday’s ASX close on earnings results
Recent rumors suggest that Israel has launched a military strike in Iran. This development can potentially escalate tensions in the Middle East, leading to increased geopolitical uncertainty.
Newmont Corporation is an American gold mining company based in Greenwood Village, Colorado. It is the world’s largest gold mining corporation. Incorporated in 1921, it owns gold mines in Nevada, Colorado, Ontario, Quebec, Mexico, the Dominican Republic, Australia, Ghana, Argentina, Peru, and Suriname. In addition to gold, Newmont mines copper, silver, zinc and lead.
The Newmont Corporation bought ASX listed Newcrest mining back in November 2023
Newmont has approximately 31,600 employees and contractors worldwide, and is the only gold company in the Standard & Poor’s 500 stock market index.