Mario Gabelli Comments on Newmont Goldcorp

Guru stock highlight

Author's Avatar
Mar 03, 2020

Newmont Goldcorp (NEM, Financial) (4.8%) mines gold, copper, and silver, with a global presence that covers North and South America, Africa, and Australia. The company declared commercial production for three projects, and its board approved moving its Tanami Expansion 2 project into the execution phase.

From Mario Gabelli (Trades, Portfolio)'s Gabelli Value 25 Fund 2019 annual shareholder letter.