The Global Airline Shutdown Has a Surprise Victim: Gold Miners [Yahoo! Finance News]
Newmont Corporation (NEM)
Last newmont corporation earnings: 2/20 06:55 am
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Source: Yahoo! Finance News
) -- The collapse in commercial air travel amid global coronavirus restrictions has an unexpected casualty -- gold miners looking to transport their metal to refineries.Producers typically rely on regular airline services to ferry mined metal -- called dore -- from remote operations to the specialist plants that separate out the precious metals and craft them into bars or coins.That’s becoming more difficult with a large swathe of global aircraft grounded, including about two-thirds of the passenger jet fleet, according to Cirium, an airline industry data provider.“Where we’ve had to be doing more work is getting dore -- the metal -- to market,” said Tom Palmer, chief executive officer of Newmont Mining Corp., the world’s biggest gold producer. “Typically dore travels on commercial airliners, so it’s been about finding alternative paths to get that dore to refineries around the world.”Read more: Parking Two-Thirds of World’s Planes Is Becoming a Big ProblemNewmont is competing to secu
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NEM
News
- Newmont (NYSE:NEM) was downgraded by analysts at BNP Paribas from an "outperform" rating to a "neutral" rating.MarketBeat
- Newmont: Strong Buy Backed By $1 Billion In Free Cash Flow, New Global Gold Cycle [Seeking Alpha]Seeking Alpha
- Newmont Corporation (NEM) is a Great Momentum Stock: Should You Buy? [Yahoo! Finance]Yahoo! Finance
- RING: A Simple And Effective Way To Capture Gold's Stronger 2026 Outlook [Seeking Alpha]Seeking Alpha
- Jim Cramer Says “Newmont is Real, Real Good” [Yahoo! Finance]Yahoo! Finance
NEM
Earnings
- 10/23/25 - Beat
NEM
Sec Filings
- 12/3/25 - Form 4
- 12/1/25 - Form 144
- 11/5/25 - Form 4
- NEM's page on the SEC website