Newmont's new chief has big plans for world's largest gold miner

Tom Palmer, currently COO of Newmont Goldcorp, will assume the role of CEO and helm the world's largest gold miner as of October 1, 2019.
Palmer, who has worked for Rio Tinto for 20 years before joining Newmont Goldcorp as COO, hails from a family with a long mining history, and plans to focus on maximizing synergies from the last merger before turning his attention to other acquisitions.
"Our focus is going to be on delivering the value that we committed to the Goldcorp acquisition, we've got the divestment of Red Lake, and we want to make sure our balance sheet is strong enough so that we've got the financial flexibility so that if an opportunity does present, we could take advantage of it, but it's not our focus, Palmer told Kitco News on the sidelines of the Denver Gold Forum. (show less)

Tom Palmer, currently COO of Newmont Goldcorp, will assume the role of CEO and helm the world's largest gold miner as of October 1, 2019.
Palmer, who has worked for Rio Tinto for 20 years before joining Newmont Goldcorp as COO, hails from a family with a long mining history, and plans to focus on maximizing synergies from the last merger before turning his attention to other acquisitions.
"Our focus is going to be on delivering the value that we committed ... (read more)

Denver Gold Forum 2019

Denver Gold Forum 2019
September 15-18, 2019, Hyatt Regency, DenverHosted each September in Colorado, the Denver Gold Forum (DGF) is the world’s most prestigious precious metal equities investment forum. The Denver Gold Forum showcases seven-eighths of the world’s publicly traded gold and silver companies when measured by production and reserves. The invitation-only event is attended by the world’s leading specialist precious metal investors as well as generalist institutional investors. Buy- and sell-side analysts from around the world makeup the balance of the participants.

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