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OFFON

NEWMONT CORPORATION

(NEM)
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Newmont : Contributing to Stronger Communities Through Social and Economic Contributions

11/24/2021 | 04:30pm EST

Newmont works to leave a positive legacy wherever we operate and one way we do this is though long-term economic contributions. We measure these by reporting annually on the economic opportunities we provide to support host communities. These reports use a quantitative approach to estimate the economic benefits supported by Newmont's mining activities - our economic impacts are estimated using Input-Output (IO) modeling, which includes internal Newmont-specific and publicly available macro-economic data. We transparently report on the job opportunities we support, the taxes we pay locally and our overall contributions.

We recently released our 2020 economic impact reports, which revealed that across our operating regions, Newmont contributed:

  • 180,000 total jobs*
  • $4.3 billion of value added
  • $1.5 billion in taxes and royalties paid to regional governments

Below provides a snapshot of the economic contributions of our 12 operating mines in the eight countries where we operate. To learn more about how we are advancing our purpose in all of our operational regions, you can find the full reports here.

*Includes Newmont, Newmont's suppliers/contractors and induced. Induced refers to employment resulting from the re-spending of salaries by Newmont and suppliers.

Disclaimer

Newmont Corporation published this content on 25 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 November 2021 21:29:05 UTC.


© Publicnow 2021
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Analyst Recommendations on NEWMONT CORPORATION
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Financials (USD)
Sales 2021 12 147 M - -
Net income 2021 1 856 M - -
Net Debt 2021 933 M - -
P/E ratio 2021 25,1x
Yield 2021 3,48%
Capitalization 50 570 M 50 570 M -
EV / Sales 2021 4,24x
EV / Sales 2022 4,04x
Nbr of Employees 14 300
Free-Float -
Chart NEWMONT CORPORATION
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Newmont Corporation Technical Analysis Chart | NEM | US6516391066 | MarketScreener
Technical analysis trends NEWMONT CORPORATION
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 20
Last Close Price 63,29 $
Average target price 64,06 $
Spread / Average Target 1,21%
EPS Revisions
Managers and Directors
Thomas R. Palmer President, Chief Executive Officer & Director
Nancy K. Buese Chief Financial Officer & Executive Vice President
Gregory H. Boyce Independent Chairman
Dean Gehring Chief Technology Officer & Executive VP
Luis Canepari Chief Information Officer & Senior Vice President
Sector and Competitors