$Newmont Mining(NEM)$ With rate cut expectations being revised and central bank buying on pause, the gold price has fallen back significantly. This has been reflected in gold mining equities today, with large pullbacks in prices for shares in the biggest and the best. Amongst these, NEM stands out as an interesting investment option as it seeks to simplify its business and focus on buy-backs. In addition to excellent gold price exposure, NEM is also well positioned to gain from rising copper prices. This is due to its merger with Newcrest, which greatly increased copper reserves. Worth a look if you are interested in taking advantage of the current pullback in the gold space.
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