Newmont Shares Surge as Gold Prices Shatter Records
Published on 10/12/2025 at 05:36 | Redaktion boerse-global.de
The gold market is witnessing an extraordinary rally, with prices for the precious metal breaking through the $4,000 per ounce barrier for the first time. Riding this powerful wave is Newmont Mining, the world’s largest gold producer, whose shares are climbing in tandem. This surge occurs amidst a backdrop of anticipated interest rate cuts from the Federal Reserve and persistent global instability, prompting investors to seek safe-haven assets.
Newmont’s positive momentum is not solely dependent on market prices. The company recently announced a significant operational achievement: the first gold pour at its major new Ahafo North project in Ghana. The timing of this milestone is exceptionally favorable.
Scheduled to commence commercial operations in the fourth quarter of 2025, the new... Read more...
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