Today we review Newmont Goldcorp for you. What is Newmont Goldcorp? What service is provided? Are there better alternatives out there for you to invest in? This is just a few of the questions we help you answer today!
Name of the Company: Newmont Goldcorp
Official Website URL: https://www.newmontgoldcorp.com/
CEO: Gary J. Goldberg
Products: Gold and stocks
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Intro
The main players in a given market niche are termed as so due to the manner in which they uphold the stipulated values. Companies that manage to play by the rules of the book and provide the products and services to their customers without fail are by all means perceived as global players. In this review, I will be seeking to confirm whether Newmont Goldcorp is an industry leader, through answering the following questions:
– What is Newmont Goldcorp?
– How does it work?
– What are the products that Newmont Goldcorp offers to its clients?
– Is it a legit company?
– Are there any investment and income-generating opportunities that you can take up in this company?
– What are the alternatives to Newmont Goldcorp?
– What are the main benefits and drawbacks of this company?
What is Newmont Goldcorp?
Newmont Goldcorp is a production company that was founded in 1921. This company’s headquarters are located at Greenwood Village in Colorado from where the main administrative and management operations are run. Currently, Newmont Goldcorp has close to 19,000 employees who are distributed in its major sites at Australia, Suriname, the United States, Dominican Republic, Mexico, Argentina, Ghana, Peru, and Ghana.
Newmont Goldcorp claims to be a leader in the gold production sector, in the manner in which it creates value. Having maintained its professionalism since 1925, when it became publicly traded, Newmont Goldcorp has managed to earn its spot as the only gold producer in the whole world listed in the S&P 500 index.
The purpose of this company has been to create value to improve the lives of all stakeholders through sustainable mining. All of Newmont Goldcorp’s operations are guided by five core values, namely: responsibility, sustainability, inclusion, integrity, and safety. These are the same values that led to this company being indisputably named the mining industry leader (overall sustainability), by the Dow Jones Sustainability World Index, from 2015 to 2018.
How does it work?
Newmont Goldcorp’s thrives through the management of its projects distributed in several nations and regions across the world. Currently, the major gold production operations ran by this company are located in the following regions:
1. Africa
– Ghana – Ahafo, and Akyem
2. Australia
– Australia – Boddington, Kalgoorlie, Tanami
3. North America
– U.S. –Cripple Creek & Victor, Nevada, Rangeland & Ranches.
– Canada- Eleonor, Musselwhite, Porcupine, Red Lake.
– Mexico- Penasquito
4. South America
-Argentina- Cerro Negro
-Suriname- Merian
-Dominican Republic- Pueblo Viejo
– Peru –Yanacocha.
Newmont Goldcorp has its employees and contractors distributed in all of these sites, where they work diligently to see to it that this company meets its objectives and hits its targets. This company has been running a profitable global business, with its revenues on an annual basis crossing the billion-dollar mark quite easily. In 2017, for instance, Newmont Goldcorp had revenues of $7.35 billion USD.
Products
Newmont Goldcorp is currently offering two main products to investors, namely:
– Gold
– Stocks
Investors can purchase and hold physical gold to earn a profit, as is the norm in this industry. Newmont Goldcorp focuses on the production of gold, which it supplies on a large scale to major wholesalers and other companies that rely on gold for their production processes.
In addition to that, one can purchase the stocks that are publicly traded as NEM in the New York Stocks Exchange. If you want to get a safer investment, then you can try this company’s S&P 500 component.
Is it a genuine company?
Newmont Goldcorp is a legit company, whose genuineness lies out of question. There are notable instances in which this company has been mentioned all over the internet. One of the major ones is in Barrons (https://www.barrons.com/articles/newmont-goldcorp-stock-undervalued-buy-rating-51565896150) where this company’s stocks are seen as a very viable investment option.
Beyond that, this company has managed to stand out in the NYSE arena, thus its genuineness is beyond question.
Investment and income-generating opportunities?
As seen above, Newmont Goldcorp has its doors open to people who would like to invest through purchasing gold as an investment product, or those who want to grow their wealth through buying and trading in stocks and indexes. Also, you can apply for a career in any of this company’s major sites in the world.
Alternatives to Barrick Gold
GOLDCO, which is mainly a gold IRA company, can be a very suitable alternative to Newmont Goldcorp. Gold IRAs, as you will discover, are very efficient in the way they offer a suitable environment that is overseen by a custodian so that you do not lose a single penny due to administrative errors. If you purchase the physical gold offered by GoldCo and hold it for a long time, you will not get to enjoy the benefits that tax-advantaged IRA owners get to enjoy.
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Pros and Cons
It is always a good thing to compare the positives against the negatives to get a better overall view of something. As always in our reviews we provide you with some clear points on both sides of the spectrum:
Pros
-It is the only gold production company listed S&P index.
-Has many awards for sustainability.
-Has been the mining industry leader since 2015, according to the Dow Jones Sustainability World Index.
Cons
-Has a number of controversies surrounding its existence such as miners’ deaths and taxation issues.
Do You Own or represent Newmont Goldcorp?
If you are a representative, or associate of Newmont Goldcorp and have found something not to be correct in this review please, feel free to tell and I will make sure to update the info on this post. The easiest way to do it is in the comment section below or simply by sending us an e-mail to contact@goldretired.com.
Final words and verdict
Verdict: Legit
Overall rating: 
(4 / 5)
Ok, I think that sums up the overall view of Newmont Goldcorp pretty good. It is a legit service for sure, however, if it is the right one for you or not is something you have to decide yourself. It is always a wise thing to educate yourself as much as possible in the areas you are interested in. It might be a good thing for you, however, make sure to get your info from more than one source.
You made a wise decision to read this review and you are a smart person so I am absolutely sure that you will find the right company to do business with that suits your particular needs the most.
What I would recommend?
There are many great investment services out there. I have many Gold Mining investment opportunities and services, coin dealers, IRA service providers, and financial services in general listed on this website, mostly for precious metals and Bitcoin but also for other alternative investments.
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I hope you found this short review of Newmont Goldcorp to be helpful and that you now have a better understanding of what it is and if it is something for you or not. Please, if you have used any of their services then share your experience in the comment section below as it can help others! Also, if you got any questions about this review I will be more than happy to answer them below!
I wish you success!
Michael,
founder of: Goldretired.com
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