Newmont CEO Palmer Sees Gold 'Going North Into $2,000'

The video discusses Newmont's response to COVID-19, highlighting their operational strategies and management of 12 global operations. It covers investment strategies, including the acquisition of Goldcorp and a joint venture in Nevada, ensuring long-term gold production. The focus on cost management and dividend increases is emphasized, along with Newmont's commitment to ESG principles and natural exposure to copper. The video also addresses travel and business operations during the pandemic, leveraging technology to maintain connectivity and safety.

How did Newmont manage its operations during the COVID-19 pandemic?

• By reducing workforce significantly

• By putting some operations into care and maintenance

• By closing all operations globally

• By increasing production in all locations

What was a key component of Newmont's investment strategy?

• Acquiring small local companies

• Entering into a joint venture in Nevada

• Focusing solely on gold production

• Investing heavily in new technologies

How does Newmont plan to sustain its gold production into the future?

• By increasing workforce

• By reducing production costs

• By focusing on organic project pipelines

• By acquiring more companies

What financial strategy has Newmont implemented to attract income investors?

• Investing in new mines

• Reducing gold production

• Reducing operational costs

• Increasing dividends significantly

How does Newmont differentiate itself in terms of ESG?

• By ignoring environmental concerns

• By having a long history of ESG leadership

• By reducing workforce

• By focusing solely on profit

What role does technology play in Newmont's operations during the pandemic?

• It is used only for marketing

• It replaces all human labor

• It is not used at all

• It helps in running virtual site tours

What is Newmont's outlook on the future of gold prices?

• They are bullish due to economic stimuli

• They believe prices will remain stable

• They expect prices to drop due to oversupply

• They expect prices to fall significantly