Group 1 - Newmont appointed Natascha Viljoen as the new President and CEO, succeeding Tom Palmer, who will retire effective January 1 [3] - Natascha Viljoen joined Newmont in 2023 as Executive VP and COO [4]

Core Insights - Newmont's CEO Tom Palmer will retire by the end of the year, marking a significant leadership change in the company [1] - Barrick Mining's CEO Mark Bristow also announced his resignation, indicating a broader industry transformation [1] Company Developments - Tom Palmer will officially step down on December 31 and will serve as a strategic adviser until March next year [2] - Palmer joined Newmont in 2014, became COO in 2016, and was appointed CEO in 2019, overseeing major acquisitions including the $17 billion purchase of Newcrest [2] - Natascha Viljoen will succeed Palmer as CEO effective January 1, 2026, bringing over 30 years of mining experience [3] Leadership Changes - Karyn Ovelmen, the CFO of Newmont, also announced her departure after over two years, with Peter Wexler named as interim CFO [3] - Viljoen has focused on operations, portfolio integration, and talent development at Newmont, emphasizing safety and sustainability [4]

By Divya Rajagopal and Clara Denina (Reuters) -Barrick Mining appointed veteran executive Mark Hill as interim president and CEO on Monday following the sudden resignation of Mark Bristow, who led the Canadian miner for nearly seven years after its merger with Randgold Resources. On the same day, rival Newmont said CEO Tom Palmer will be replaced in January by insider Natascha Viljoen, who will become the first female CEO of the world's biggest gold mining company. The timing of the statements appeared t ...

Core Viewpoint - The gold market is experiencing a significant bull run, with gold prices reaching new highs and gold mining stocks benefiting from this trend, presenting investment opportunities for those who can identify the right stocks [1]. Group 1: Gold Mining Companies - Triple Flag Precious Metals Corp. is a leading precious metals streaming and royalty company, providing exposure to gold and silver production with a lower risk profile than traditional miners, supported by stable cash flows and strong margins [4]. - Agnico Eagle Mines is recognized as a premier gold producer with high-quality mines in favorable jurisdictions, known for operational excellence and disciplined capital management, making it a strong performer in the sector [7]. - Newmont is the world's largest gold mining company, offering unmatched leverage to gold prices due to its scale and diversification, while also producing other metals that contribute to its revenue stability [13]. Group 2: Earnings Revisions and Analyst Outlook - Triple Flag Precious Metals has a Zacks Rank 1 (Strong Buy) with current year earnings estimates up by 8.5% and next year's estimates up by 12.4%, indicating strong analyst support [5]. - Agnico Eagle Mines also holds a Zacks Rank 1, with current year earnings estimates climbing 6.4% and next year's projections increasing by 7.7%, reflecting positive analyst sentiment [8]. - Newmont has received unanimous analyst upgrades, with current year earnings estimates revised 8.5% higher and next year's forecasts up by 12.4%, showcasing strong analyst confidence [14]. Group 3: Technical Analysis - Triple Flag Precious Metals is forming a bull flag pattern, with a potential breakout above the $29 level that could lead to new highs as gold prices continue to rise [6]. - Agnico Eagle Mines has completed a descending channel formation and has broken out to the upside, positioning the stock to challenge all-time highs [9]. - Newmont has also consolidated in a bull flag formation and has broken out decisively, indicating the next phase of its ongoing rally [14]. Group 4: Investment Considerations - Despite the strong performance in gold and mining stocks, valuations in the sector remain reasonable, with a combination of upward earnings revisions and strong technical setups making TFPM, AEM, and NEM attractive for investors [16]. - The favorable macro conditions and improving analyst outlooks position TFPM, AEM, and NEM as leaders in the precious metals market, appealing to investors seeking both momentum and long-term exposure [17].

Core Viewpoint - Newmont Corporation (NEM) and Kinross Gold Corporation (KGC) are positioned to benefit from soaring gold prices driven by the Federal Reserve's dovish stance and global trade tensions [1][2][3] Gold Market Overview - Gold prices have surged approximately 43% this year, reaching over $3,700 per ton for the first time, influenced by central bank purchases and geopolitical uncertainties [3] - Central banks globally are accumulating gold reserves due to risks associated with aggressive trade policies [2] Newmont Corporation (NEM) - Newmont is investing in growth projects such as the Ahafo North expansion in Ghana and the Cadia Panel Caves in Australia, aimed at increasing production capacity and extending mine life [5] - The acquisition of Newcrest Mining Limited has enhanced Newmont's portfolio, expected to generate $500 million in annual run-rate synergies [6] - Newmont's divestiture program is projected to yield $3 billion in after-tax cash proceeds, reinforcing its capital allocation strategy [8] - The company reported a liquidity position of $10.2 billion, with free cash flow increasing to $1.7 billion, and has returned approximately $2 billion to shareholders [9] - Newmont offers a dividend yield of 1.2% with a sustainable payout ratio of 20% [10] Kinross Gold Corporation (KGC) - Kinross has a strong production profile with key projects like Great Bear in Ontario and Round Mountain Phase X in Nevada, expected to enhance cash flow [12] - Tasiast and Paracatu are significant contributors to cash flow, with Tasiast being the lowest-cost asset [13] - Kinross ended Q2 2025 with liquidity of approximately $2.8 billion and reported a free cash flow increase of 87% year-over-year [14] - The company repaid $800 million of debt in 2024, improving its net debt position to around $100 million [15] - Kinross has a dividend yield of 0.5% with a payout ratio of 10% [15] Financial Performance and Valuation - Year-to-date, NEM stock has increased by 127.5%, while KGC stock has risen by 164.1%, outperforming the industry average of 117.7% [18] - KGC trades at a forward earnings multiple of 16.52, while NEM trades at 15.38, indicating a discount for Newmont [19][20] - The Zacks Consensus Estimate for NEM's 2025 sales and EPS indicates growth of 10.7% and 57.5%, respectively, while KGC's estimates imply growth of 27.8% and 108.8% [24][25] Investment Consideration - Both companies are well-positioned to capitalize on high gold prices, with strong financial health and development pipelines [27] - Newmont is viewed as a more attractive investment option due to its higher dividend yield and favorable valuation compared to Kinross [27]

Core Viewpoint - The article discusses the bullish outlook on gold prices, with predictions that gold could exceed $4,000 per ounce by the end of the year, driven by Federal Reserve rate cuts and inflation concerns [5][4]. Group 1: Market Dynamics - The Federal Reserve recently cut rates by a quarter-point, with expectations for more cuts, which may lead to over-easing risks [5][4]. - The U.S. Treasury is issuing 80% of government debt on the short end of the yield curve, decreasing the supply of long-term Treasuries and boosting demand, which puts downward pressure on the 10-year Treasury yield [6][7]. - Falling Treasury rates have historically correlated with rising gold prices, as seen in the recent performance of gold against the backdrop of declining yields [8]. Group 2: Investment Opportunities - The GAMCO Global Gold, Natural Resources & Income Trust (GGN) offers a 7.4% dividend by holding mining stocks and utilizing covered-call options, making it an attractive option for income generation [10][11]. - Newmont Corp. (NEM), the largest gold miner, is positioned well due to low energy costs and high gold prices, reporting a 21% year-over-year revenue increase in Q2 and a nearly doubled EPS [12][14]. - NEM's shares are trading at a forward P/E of 14, below the five-year average of 18, and the company has announced $3 billion in buybacks, indicating strong management confidence [14][16].

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell even higher, with the expectation that established trends will continue [1] Company Overview: Newmont Corporation (NEM) - Newmont Corporation currently holds a Momentum Style Score of A, indicating strong momentum potential [3] - The company has a Zacks Rank of 1 (Strong Buy), suggesting it is expected to outperform the market [4] Performance Metrics - Over the past week, NEM shares increased by 3.12%, outperforming the Zacks Mining - Gold industry, which rose by 1.61% [6] - In the last quarter, NEM shares surged by 43.7%, and over the past year, they gained 53.67%, while the S&P 500 only increased by 12.64% and 18.69%, respectively [7] - The average 20-day trading volume for NEM is 11,290,980 shares, indicating strong trading activity [8] Earnings Outlook - In the past two months, 7 earnings estimates for NEM have been revised upwards, with no downward revisions, boosting the consensus estimate from $4.77 to $5.48 [10] - For the next fiscal year, 7 estimates have also moved higher, reflecting positive sentiment regarding future earnings [10] Conclusion - Given the strong performance metrics and positive earnings outlook, NEM is positioned as a strong momentum pick for investors [12]

Core Insights - Newmont Corporation (NEM) has successfully completed its first gold pour at the Ahafo North Project in Ghana on September 19, 2025, marking a significant step towards commercial production expected in Q4 2025 [1][6] - The Ahafo North Project is anticipated to produce between 275,000 and 325,000 ounces of gold annually over an estimated mine life of 13 years, contributing significantly to the local economy through job creation and fiscal contributions [2][6] Group 1 - The Ahafo North Project has created approximately 4,500 contracted jobs and is expected to generate an additional 560 permanent and 1,000 contracted roles, enhancing economic development in Ghana [2][6] - The project is located at Afrisipakrom, about 30 kilometers from Newmont's Ahafo South site, and is built on leases acquired from Normandy Mining in 2002, representing Newmont's third investment in Ghana [3] - Ahafo North is considered the best unmined gold deposit in the region, reinforcing Newmont's long-term growth and value creation strategy [3] Group 2 - Newmont's shares have increased by 56.7% over the past year, while the industry has seen a growth of 77.6% [4] - Newmont currently holds a Zacks Rank 1 (Strong Buy), indicating strong market confidence in the company's performance [5]

Core Insights - Bluebeam has announced a strategic partnership with Procore, introducing two new integrations aimed at enhancing collaboration and efficiency in the architecture, engineering, and construction (AEC) industry [1][2] Integration Details - The Procore Documents + Bluebeam integration allows users to add markups directly to files in Procore, ensuring that all changes are automatically saved back to Procore, thus mitigating version control issues [3] - The Procore Submittals + Bluebeam integration connects Bluebeam's markup tools with Procore's Submittals workflow, enabling teams to collaboratively review submittal PDFs and automatically return marked-up documents to Procore, preserving a complete audit trail [4] Strategic Goals - The partnership aims to eliminate data silos and streamline workflows, allowing project teams to work from a single source of truth throughout the project lifecycle [1][2] - Bluebeam's Head of Product emphasized the importance of removing barriers to collaboration, enabling construction professionals to focus on building rather than managing documents and data [5] Broader Connectivity Initiatives - Other brands within the Nemetschek Group are also enhancing their connectivity with Procore, including Solibri, which introduces cloud-based BIM model checking, and GoCanvas & SiteDocs, which facilitate mobile data collection and safety management workflows [6] - A new workflow between dRofus and Novorender allows for instant visualization of BIM project data within Novorender's 3D environment, integrating directly into Procore for comprehensive coordination [7] Upcoming Events - Bluebeam will showcase its integrations and innovations at its annual global event, Unbound, from September 30 to October 2, and will also participate in Procore Groundbreak from October 14 to 16 [8]

Core Insights - Newmont Corporation (NEM) is focusing on streamlining its portfolio by divesting non-core assets to concentrate on Tier 1 assets, enhancing its liquidity and capital allocation strategy [1][2][4] Group 1: Divestitures and Financial Impact - NEM has completed the sale of 43 million common shares in Orla Mining Ltd., generating gross proceeds of $439 million, marking a complete exit from Orla [1][9] - The company has agreed to sell its Coffee Project in Yukon, Canada, for up to $150 million, with the transaction expected to close in Q4 2025 [2][9] - NEM anticipates generating $3 billion in after-tax cash proceeds from its 2025 divestiture program, which will support its capital allocation strategy [3] Group 2: Strategic Focus and Growth Projects - The asset streamlining is aimed at concentrating capital on high-return, long-life assets, which are essential for Newmont's competitive edge and long-term sustainability [4] - The divestitures will free up capital for investment in key growth projects, including Tanami Expansion 2, Ahafo North expansion, and Cadia Panel Caves, expected to enhance production capacity and extend mine life [5] Group 3: Market Performance and Valuation - NEM shares have increased by 124.9% year to date, outperforming the Zacks Mining – Gold industry's rise of 112.5%, largely due to a rally in gold prices [8] - The Zacks Consensus Estimate for NEM's earnings in 2025 and 2026 indicates a year-over-year rise of 56.3% and 1.5%, respectively, with EPS estimates trending higher [11] - NEM is currently trading at a forward 12-month earnings multiple of 15.21, which is approximately 4.4% below the industry average of 15.91 [12]