Newmont Goldcorp Corp (NGT)

[NYBob]

Gold Price Rally And Goldcorp Acquisition Could Add $3.7 Billion To Newmont’s Revenue Base By 2020
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Trefis Team Contributor
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https://www.forbes.com/sites/greatspeculations/2019/10/11/gold-price-rally-and-goldcorp-acquisition-could-add-37-billion-to-newmonts-revenue-base-by-2020/#c248ac691153

General Economic Imagery From Nevada Ahead Of The Republican Primary
Kari Rayson, a mechanic for Newmont Mining Corp., stands next to a transmission for a heavy lift truck at the company's gold quarry mine located on the Carlin Trend west of Elko, Nevada, U.S., on Wednesday, Jan. 25, 2012. Photographer: David PaulBLOOMBERG NEWS
Newmont Goldcorp (NYSE: NEM) is one of the biggest beneficiaries of the rally in gold prices this year, the effect of which is likely to be magnified due to Newmont’s acquisition of Goldcorp in early 2019. Both these factors are expected to help NEM add close to $3.7 billion to its revenue base over the next two years (by the end of 2020), in contrast to $0.6 billion added over the previous two years (2016-2018).

You can view the Trefis interactive dashboard – Newmont Goldcorp Revenues: How Does NEM Make Money? – to better understand the company business model and revenue segment, and alter the key assumptions to arrive at your own estimates for NEM’s gold and copper shipments, price realization, and revenue. In addition, here is more Materials data.

A] Newmont’s Business Model

a) What Does It Offer?

Newmont Goldcorp Corporation is a gold and copper producer with gold mining operations in the United States, Australia, Peru, Ghana, Canada, New Zealand, and Mexico. The company’s proven and probable gold reserves stood at 65.4 million ounces at the end of 2018.
Newmont’s copper mining operations are located in the United States and Australia. The company’s proven and probable copper reserves stood at 2.88 billion pounds at the end of 2018.
b) Who Pays?

Today In: Money
Copper: Copper is bought by third-parties for use in construction and the manufacture of electrical appliances and industrial machinery.
Gold: Gold is mainly sold to jewelry players and certain sensitive electronics industries.

https://www.forbes.com/sites/greatspeculations/2019/10/11/gold-price-rally-and-goldcorp-acquisition-could-add-37-billion-to-newmonts-revenue-base-by-2020/#c248ac691153

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