Newmont

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Our AI found unexpected things about Newmont Company Inc.

Are looking for the most relevant information about Newmont? Investor spend a lot of time searching for information to make investment decisions in Newmont. This task is often burdensome and consumes huge amounts of free time. It also leads to mistakes due to fatigue and bounded rationality. As a solution, we programmed an artificial intelligence that reads the whole internet and the uses natural language processing and vectorizers to summarize the information. Usually, the AI reads several hundred pages and summarize it to a short document. This document presents our results. We found that the most common words in the internet about Newmont are: Newmont, gold, share, year, Australian, Newcrest, world, and the most common words in the summary are: newmont, gold, stock, newcrest, news, market, best, . One of the sentences in the summary was: Newmont is the worlds largest gold miner, producing about 6 million attributable ounces of …

Concept Map

Semantic Network

Stock Summary

Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company was founded in 1916 and is headquartered in Denver, Colorado..

Today's Summary

Goldman Sachs has decided to maintain their Buy rating on Newmont, which currently sits at a price target of $67. Newmont is the worlds largest gold miner, producing about 6 million attributable ounces of gold in 2022, good for about 5% of global mined output.

Today's News

Colorado-based Newmont is the worlds top gold producer. Goldman Sachs has decided to maintain their Buy rating on Newmont, which currently sits at a price target of $67. Newmont is the worlds largest gold miner, producing about 6 million attributable ounces of gold in 2022, good for about 5% of global mined output. Shareholders will get 0.4 shares in Newmont for every share they own. Newmont Corporation has filed 8 patents. Newmont Corp. has filed eight patents. Kenorland Minerals Provides 2023 Exploration Update. Newmont (NEM) has agreed to buy Australian gold and copper miner Newcrest for $17.5 billion. Shareholders will get 0.400 Newmont shares for each NewCrest share, as well as a special dividend of up to $1.10. Newmont Corporation (nem) has fallen 100.83% friday in premarket trading. Newmont Corp currently has the 62th highest Short-Term Technical score in the Gold industry. The acquisition will strengthen Denver-based Newmonts operations. Newmont began an Australian subsidiary in 1966 and by 1971 they claimed to have discovered Telfer. In 1980 the subsidiary became Newmont Holdings Pty Ltd and was based in Victoria, Australia. Seven years later it was listed on the Australian Stock Exchange as Newmont Australia Limited. Newmont will gain the Red Chris and Brucejack mines that produce gold, silver and copper. B.C.s Golden Triangle will be key for worlds largest gold producer. Newmont Mining Corporation latest job offer at Serendipalm Co. newmont moves a step closer to acquisition of newcrest mining. Newmont and Newcrest are expected to create a more competitive and efficient gold producer. Newmont shareholders would own about 62% of the combined company. The deal is expected to be accretive to Newmonts earnings per share in the first full year after closing. Newmont will acquire 100% of the issued share capital in Newcrest by way of an Australian court-approved Scheme of Arrangement. Newmont expects that the combined company could generate annual pre-tax synergies of US$500 million within the first two years. Newmont will look for assets to offload and projects to resequence following a planned takeover of Australias Newcrest Mining. Newmont has estimated it can find $500 million a year of savings from the tie-up within the first two years.

Stock Profile

"Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. As of December 31, 2022, it had proven and probable gold reserves of 96.1 million ounces and land position of 61,500 square kilometers. The company was founded in 1916 and is headquartered in Denver, Colorado."

Keywords

The game is changing. There is a new strategy to evaluate Newmont fundamental value, possible risks and most salient advantages. Investors have traditionally relied in reading large amounts of text to evaluate the fundamental value of a stock or company. However, the development of Artificial Intelligence (AI) tools is modifying the way investments are evaluated in markets. Today, machine learning, natural language processing and bigdata allow making this process automatic, reducing large amounts of text to the elements that have a higher activation in a neural network. We programmed an artificial intelligence that reads the whole internet and the uses natural language processing and vectorizers to summarize the information. Usually, the AI reads several hundred pages and summarize it to a short document. This document presents our results. We found that the most common words in the internet about Newmont are: Newmont, gold, share, year, Australian, Newcrest, world, and the most common words in the summary are: newmont, gold, stock, newcrest, news, market, best, . One of the sentences in the summary was: Newmont is the worlds largest gold miner, producing about 6 million attributable ounces of gold in 2022, good for about 5% of global mined output.. Other searches related to this term that the AI found were: stockmarketlive, livestock, stockmarketforbeginners, thestockmarket, stockmarkettoday, stockmarkettrading, stockmarketstocks, todaystockmarket, thestockmarket, marketnews, stockmarketnews, whatisstockmarket, usstockmarket, stockmarketopen. #newmont #gold #stock #newcrest #news #market #best.