The Latest Breaking News from NEM

One of Australia's most experienced energy advisers has downplayed concerns that a plan by state and federal energy ministers to overhaul the electricity market could prolong the coal-fired power industry.

In 2016, Tasmania was on the brink of being powerless when its undersea electricity cable broke and its dams were nearly empty. But these days it can produce more than enough power locally to supply homes and businesses. So, should the island unplug from the rest of Australia?

Far removed from the turmoil unfolding in the eastern states, Western Australia is enjoying some of the cheapest and most stable energy prices in the developed world.

Newmont (NYSE:NEM) has outperformed the market over the past 5 years by 5.64% on an annualized basis producing an average annual return of 17.29%. Currently, Newmont has a market capitalization of $57.59 billion.

“Power prices are going up”, shadow treasurer Jim Chalmers declared last week. But according to energy minister Angus Taylor, “No one’s household power prices have gone up.” So who is right?

Within the last quarter, Newmont (NYSE:NEM) has observed the following analyst ratings:

Newmont Goldcorp (NYSE:NEM) is set to give its latest quarterly earnings report on Friday, 2022-04-22. Here's what investors need to know before the announcement. Analysts estimate that Newmont Goldcorp will report an earnings per share (EPS) of $0.90.

Someone with a lot of money to spend has taken a bullish stance on Newmont (NYSE:NEM). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Newmont (NYSE:NEM) has outperformed the market over the past 5 years by 6.31% on an annualized basis producing an average annual return of 19.66%. Currently, Newmont has a market capitalization of $65.55 billion.

Investors already know that gold is a very interesting market when the tide gets tough. As they turn to derivatives such as futures and CFDs, buying shares of companies in the sector is an option worth weighing. In times of recession or economic crisis, investors tend to take money out…

Someone with a lot of money to spend has taken a bearish stance on Newmont (NYSE:NEM). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.