Barrick Gold beats estimates for quarterly profit, enters JV in Jamaica [Yahoo! Finance Canada]
Newmont Corporation (NEM)
Last newmont corporation earnings: 2/20 06:55 am
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Source: Yahoo! Finance Canada
Prices of the precious metal rose about 8.2% to $2,231 per ounce in the January-March quarter, on buying from central banks and hopes the U.S. Federal Reserve could cut interest rates as early as June. [GOL/] The world's second-largest gold miner said its average realized gold prices rose to $2,075 per ounce from $1,902 per ounce a year earlier. All-in sustaining costs per ounce of gold, an industry metric that reflects total expenses, was $1,474 in the quarter, up from $1,370 per ounce a year earlier. ADVERTISEMENT Rival Newmont also topped profit estimates last week, as the world's largest gold miner benefited from robust production, prices and lower operating costs. U.S.-listed shares of Barrick were up 2.5% in premarket trading. The Toronto, Canada-based company, in a separate release, said as part of its agreement with Geophysx, Barrick will have the right to work with the private mineral exploration company to earn up to an 80% joint-venture interest in designated p
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NEM
News
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- LUNDIN GOLD REPORTS FIRST QUARTER OF 2024 RESULTS [Yahoo! Finance]Yahoo! Finance
- Newmont says no plans to speed up decision on Peru expansion [Seeking Alpha]Seeking Alpha
NEM
Earnings
- 4/25/24 - Beat
NEM
Sec Filings
- 5/8/24 - Form 3
- 5/2/24 - Form 4
- 4/30/24 - Form 4
- NEM's page on the SEC website