Tom Palmer on his new vision for world’s largest gold miner
Kitco News Kitco News
Friday September 20, 2019 18:52 https://www.kitco.com/news/2019-09-20/Tom-Palmer-on-his-new-vision-for-world-s-largest-gold-miner.html
(Kitco News) -Tom Palmer, currently COO of Newmont Goldcorp, will assume the role of CEO and helm the world's largest gold miner as of October 1, 2019.
Palmer, who has worked for Rio Tinto for 20 years before joining
Newmont Goldcorp as COO, hails from a family with a long mining
history, and plans to focus on maximizing synergies from the last
merger before turning his attention to other acquisitions.
"Our focus is going to be on delivering the value that we committed
to the Goldcorp acquisition, we've got the divestment of Red Lake, and
we want to make sure our balance sheet is strong enough so that
we've got the financial flexibility so that if an opportunity does
present, we could take advantage of it, but it's not our focus,
Palmer told Kitco News on the sidelines of the Denver Gold Forum.
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