NEM News and Press, Newmont Mining Corporation From 01/22/24

(NewsDirect) In December 2023, gold prices soared to an all-time high of $2,135.39/oz, propelled by a weakening U.S. dollar and anticipation of Federal Reserve rate cuts. As we continue into 2024, the focus shifts to the Fed's interest rate decisions, which are expected to be pivotal factors ...

2024-01-21 20:09:11 ET Summary The price of gold has been rising but recently has pulled back, creating a new buying opportunity for gold miners. Newmont shares have dropped from around $42 to just over $34 and now yield nearly 5%. Gold could perform well as interest rates dro...

2024-01-20 23:57:14 ET Summary Kinross Gold has performed operationally over the last year. The company's stock price has done well, outperforming many peers, and the VanEck Gold Miners ETF. The valuation is now more in line with peers and Great Bear is still many years from f...

The Telfer mine located in Pilbara, Western Australia, has halted its processing operations following cracks that were detected at a tailings dam on site. Tailing dams are used to store mining operation byproducts, which can be toxic on mine sites. The gold and copper and silver mine, which w...

2024-01-19 10:17:33 ET More on S&P 500 Index: Quiet End To A Busy Week The Window For A Significant Stock Market Decline Is Closing Industrial Production December 2023: No Landing = No Fed Rate Cuts Nasdaq, S&P, Dow rise as tech bulls keep momentum ...

2024-01-19 08:35:50 ET Summary Rose's Income Garden Portfolio is a quality, value-built, primarily defensive income portfolio with rising dividends for income generation. RIG ended 2023 with a green value up 2.41% without dividends and a 5%+ dividend yield. RIG had 13 sells an...

Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) today announced that it will release its full year and fourth quarter 2023 operations and financial results, along with its 2024 guidance, on Thursday, February 22, 2024 . Newmont will hold a conference call at 10:00 a.m. East...

2024-01-19 07:05:00 ET Summary The recent sell-off in utilities, financials, and precious metals stocks is due to rising treasury yields as a result of hawkish comments from Federal Reserve officials and robust economic data. We explain why this sell-off is unlikely to last. W...

2024-01-17 16:52:37 ET Summary The basic materials sector is overvalued by about 6% based on 11-year averages. Nevertheless, the construction materials industry is undervalued by about 17%. The subsector with the worst value score is mining/metals. Fast facts on Vanguard Mater...

2024-01-16 18:55:32 ET More on Newmont Global Leader In Gold Seeks To Dig Out Copper Niche Newmont: Why I Turn Bullish Heading Into 2024 Gold Is My Highest Conviction Pick For 2024: Consider Newmont Stock For further details see: Gold slides as hawkish re...