Buy Newmont Shares

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How COVID-19 has impacted Newmont and measures they’ve taken as a business to combat it. Read on below.

Newmont Shares

Our aim is to help you buy Newmont shares armed with as much research and information as possible.

Below we’ve aggregated up to date information on Newmont including a detailed coronavirus section, full company information and live share prices and trend graphs. We’ve also added a step by step guide showing you exactly how to buy Newmont shares.

About Newmont

Newmont is the world’s leading miner in gold and also produces copper, silver, zinc, and lead. They operate in North and South America and in Africa. They operate under a strategy that manages safety, continuing performance, and growth, all with maintaining a low environmental impact and social responsibility.

In January 2020 the company was publicly recognized for its management capabilities and accountability toward climate-related concerns and the advancement of women in the workplace.

In 1916 Colonel William Boyce Thompson founded a holding company for investments in minerals, oils, and related goods. In 1921 Newmont Company reincorporated to Newmont Corporation. In 1929 it entered the field of mining in California and by 1939 was operating a dozen gold mines in North America.

It is traded on the New York Stock Exchange as NEM and on the Toronto Exchange as NGT. It is the only gold company listed in Standard & Poors.

How Coronavirus has impacted Newmont's share price

Historically with economic downturns, the mining industry suffers. In early 2020 the demand for metals has declined. While many governmental restrictions have closed facilities, some mines remain open. With a dwindling supply, the price of metals may actually rise. It is uncertain what will happen next.

March 17th

Peru operations will be reduced at Yanacocha in accord with government constraints. Gold production from leach pads and other activities will continue.

March 23rd

The company implemented additional controls to protect against the spread of Coronavirus.

March 31st

Newmont sold its Red Lake, Ontario, Canada holding. It also started the ramp down of Peñasquito mine in Zacatecas, Mexico.

April 9TH

Newmont established a $20 million fund to help combat the Coronavirus pandemic. The company has partnered with medical facilities, charities, and non-governmental entities to target the greatest needs. The focus is on community health, food security, and economic resilience.

May 5th

First quarter results were announced along with a $0.25 per share dividend, a 79% increase over the previous year’s first quarter dividend.

May 7th

The company donated $500,000 toward COVID-19 relief to Denver, Colorado.

May 13th

Newmont is safely ramping up its Mexican mine, Peñasquito.

How to buy Newmont shares

It’s a very simple and straightforward process to getting started and owning a share of Newmont. Our step by step guide below will show you just how easy.

1. Pick a share trading platform.
We’ve provided a selection below to help you choose (many come with an app that you can manage from your phone).

2. Open an account with your chosen trading platform.
As with any account you’l be required to identify yourself with some personal details to make sure you are who you say you are.

3. Add a payment method.
You’ll be securely transferring money to your share trading platform in order to buy the shares, so you’ll need to add a way to pay.

4. Search for the company you want to buy shares in.
Each share trading platform has a simple way to locate the company you’ve identified.

5. Buy the shares.
Make sure you check the share price of the company you’re investing in and how much you’re investing (and ensure you’re happy with both) before you click the ‘buy’ button.

And that’s it, you’re now a shareholder. Congratulations!

Always remember that the value of your investments can go down as well as up. There’s a chance you may end up with less than you begin with. Capital is at risk.

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