Newmont Mining Corp (NYSE:NEM)

Newmont Mining Corp (NYSE:NEM) Company Profile

Symbol(s): NYSE:NEM
Industry: Gold Mining
Website: www.newmont.com
eMail: meredith.bandy@newmont.com

Newmont Mining Corp (NYSE:NEM) is a US-based Gold mining company. It’s a major mainly focused on exploration and development of mineral properties in Australia, Ghana, Indonesia, Mexico, Peru and USA. The company has multiple properties including Boddington (Wa, Australia), Kalgoorlie (Wa, Australia), Tanami (Nt, Australia), Ahafo open-pit (West Africa, Ghana), Batu Hijau (Sumbawa, Indonesia), La Herradura (Mesquite, Mexico), Yanacocha In-Process (Cajamarca, Peru), Yanacocha Open Pits (Cajamarca, Peru), Carlin Open Pits (Nevada, USA), Carlin Underground (Nevada, USA), Midas (Nevada, USA), Nevada In-Process (Nevada, USA), Phoenix (Nevada, USA), Phoenix Copper (Nevada, USA), Phoenix Stockpiles (Nevada, USA), Turquoise Ridge (Nevada, USA), Twin Creeks (Nevada, USA), Kalgoorlie Stockpiles (Wa, Australia), Batu Hijau stockpiles (Sumbawa, Indonesia), Nevada Stockpiles (Nevada, USA), Buffalo Valley (Nevada, USA), Lone Tree (Nevada, USA) and Sandman (Winnemucca, USA).

Newmont Mining Corp (NYSE:NEM) has about 124 million ounces of gold reserves & resources. The company’s resources are currently being valued at US$434.071 per gold equivalent ounce. The company currently produces 4800000 ounces of gold per year with the all-in sustaining costs of US$1050 per ounce.

Newmont Mining Corp has US$2,179.00 million cash and US$5,116.00 million debt. The company has 803.07 million shares outstanding and as of September 01, 2020, had a market capitalization of US$53821.82 million. The stocks of Newmont Mining Corp trade on the New York Stock Exchange.