Newmont Mining Stock News

Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.

I love stocks that pay big dividends and buy back a lot of stock. I share some dividend stocks that meet these criteria. I detail why they are compelling buys right now.

Newmont Corporation (NYSE:NEM, TSX:NGT, ASX:NEM, ETR:NMM)'s Musselwhite gold mine sale to Orla Mining is set to open the door for further share buybacks, Jefferies analysts believe. The $810 million sale of the Ontario mine was unveiled on Monday under a wider effort to divest away from non-core assets.

Newmont is significantly undervalued, on the latest selloff to $45 per share, given the logic of substantial 2025 gold gains on a looming dollar devaluation. Extensive gold reserves, low production costs, a strong balance sheet and high dividend yield are well worth the price of admission. The company's forward P/E ratio is historically very low, suggesting a 50% discount to its potential long-...

Newmont Corporation (NYSE: NEM), the world's largest gold miner, has seen its stock underperform over the last month, falling by 13% compared to the S&P 500 which was up 1.5%. The decline in stock prices has been primarily due to the stellar performance being expected due to rising demand of gold, amidst uncertainties surrounding the U.S. Presidential elections.

DENVER--(BUSINESS WIRE)--Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) (together with its affiliates, “Newmont” or the “Company”) announced today that Newcrest Canada Holdings Inc. (the “Vendor”), a wholly-owned subsidiary of Newmont, sold all 14,674,056 common shares of Azucar Minerals Ltd. (“Azucar”) held by the Vendor to Almadex Minerals Ltd. (“Almadex”) and certain director...

Rising costs are preventing this mining company from cashing in on rising gold prices.

DENVER--(BUSINESS WIRE)-- #Newmont--Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) (“Newmont”) today announces the commissioning of its first battery-electric large mining truck at the Cripple Creek and Victor (CC&V) mine in Teller County, Colorado, U.S. The vehicle, dubbed the Early Learner Cat® 793 XE, is an important milestone for Newmont, made possible through its strategic ...