（原标题：加纳阶梯式矿产资源税制度将实施） 据"加纳网"2月25日报道。加纳财政部长福森在幕后与黄金矿业公司进行谈判，向其提供部分让步，以 推动矿产特许权使用费立法获得通过，该立法将使该国的特许权使用费率翻一番以上，而此时全球金价 已攀升至每盎司5100美元以上的历史新高。预计议会将于3月份审议该法案。 福森提出，如果业界接受目前正在议会审议的一项新的阶梯式矿产资源税制度，他将把增长与可持续发 展税（GSL）的税率从3%降至1%，降低两个百分点。加纳矿业商会首席执行官阿什格贝透露了这一让 步，并证实该提议远未达到业界的预期，矿业商会要求完全取消3%的税率。 除非议会修改相关法律，否则新的特许权使用费制度预计将立即生效。该制度将以5%至12%的浮动税 率取代加纳目前统一的特许权使用费税率，金价每上涨500美元，税率就上调约1个百分点。目前金价已 超过每盎司5100美元，按此税率上限计算，企业需支付的特许权使用费将是目前支付额的两倍多。 仅金田公司（Gold Fields）一家，在2025年就向加纳支付了9880万美元的黄金特许权使用费，当时金价 持续高于每盎司2300美元，全年均按最高5%的税率计算。根据拟议的 ...

Gold grabbed the spotlight in 2025 after a run that saw prices hit a record more than 50 times. By end of the year, bullion was up by more than 40%, its best annual performance since 1979.Besides gold investors, miners also came away as big winners of that rally. The world’s largest exchange traded-fund with exposure to the gold mining sector, the VanEck Gold Miners ETF (GDX), went up by over 155%, far outperforming the metal itself.Individually, companies like top producer Newmont (NYSE, ASX: NEM) and Cana ...

Core Insights - Newmont Corporation concluded 2025 with strong Q4 results, reporting adjusted earnings of $2.52 per share and revenue of approximately $6.8 billion, driven by high gold prices and effective cost management [2] - The company generated around $2.8 billion in free cash flow during Q4, marking a year of portfolio transformation and asset divestitures [2] Production Outlook - For 2026, Newmont anticipates gold production to decline to approximately 5.3 million ounces, down from about 5.9 million ounces in 2025, due to mine sequencing and asset divestitures [5] - Management views 2026 as a transitional year rather than a structural decline in production [5] Cost Management - All-in sustaining costs are expected to rise in the short term due to decreased volumes and ongoing project investments, but capital intensity is projected to decrease post-2026 [6] Portfolio Strategy - Newmont has streamlined its portfolio by integrating acquired assets and divesting non-core mines, focusing on long-life, lower-cost jurisdictions [7] - The divestiture program has improved the balance sheet and financial flexibility, allowing for prioritization of debt reduction, dividends, and selective reinvestment [7] Shareholder Returns - The company is committed to maintaining a robust dividend framework, supported by strong free cash flow generation even under conservative gold price forecasts [8] Long-Term Growth - Beyond 2026, Newmont expects production to stabilize and improve as development projects progress, with copper exposure serving as a strategic growth lever [9] - The company enters 2026 from a position of financial strength, with the potential to emerge leaner and better positioned for sustainable cash generation [10]

Key Takeaways NEM posted record 2025 free cash flow, boosted liquidity and cut debt despite 2026 cost headwinds.AEM delivered record cash flow in 2025 but faces rising costs and trades at a premium valuation.Estimates for both miners are trending upward over the past 60 days, with higher projected EPS.Newmont Corporation (NEM) and Agnico Eagle Mines Limited (AEM) are two prominent players in the gold mining space with global operations and diversified portfolios. While gold prices have fallen from their Jan ...

Core Viewpoint - The article highlights a significant increase in the prices of gold and silver, with notable gains in related mining stocks, indicating a positive trend in the precious metals market [1]. Group 1: Precious Metals Performance - Spot gold rose by 0.76%, reaching $5,184.5 [1] - Spot silver increased by over 4%, reaching $90.77 [1] Group 2: Mining Stocks Movement - Barrick Mining (B.US) saw an increase of over 1.2% [1] - Newmont Corporation (NEM.US) rose by 0.92% [1] - Agnico Eagle Mines (AEM.US) increased by over 1% [1] - First Majestic Silver (AG.US) surged by over 3% [1] - Fortuna Silver Mines (FSM.US) rose by over 2% [1] - Pan American Silver (PAAS.US) increased by nearly 2% [1]

I am a full-time analyst interested in a wide range of stocks. With my unique insights and knowledge, I hope to provide other investors with a contrasting view of my portfolio, given my particular background.If you have any questions, feel free to reach out to me via a direct message on Seeking Alpha or leave a comment on one of my articles.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the ...

Newmont Corporation (NYSE:NEM) is among the 15 Undervalued Momentum Stocks That Are Taking Off. Following the company’s Q4 results on February 19, BMO Capital Markets reduced its price target on Newmont Corporation (NYSE:NEM) from $145 to $140 but maintained its positive outlook with an Outperform rating. However, the analysts highlighted some concerns over the outlook, including elevated costs and lower production. In its Q4 2025 results, Newmont topped consensus EPS estimates of $2.00 (LSEG) by report ...

Core Insights - The focus is on in-depth research of various companies across different sectors, particularly in commodities and technology, with a strong emphasis on metals and mining stocks [1] Group 1: Company Research - The company has over a decade of experience in researching industries such as oil, natural gas, gold, and copper [1] - The company has transitioned from writing a blog to creating a value investing-focused YouTube channel, indicating a shift in content delivery methods [1] - The company has researched hundreds of different companies, showcasing a broad scope of analysis [1] Group 2: Industry Focus - The company expresses a preference for covering metals and mining stocks, highlighting a specialization in this sector [1] - The company is also comfortable analyzing other industries, including consumer discretionary/staples, REITs, and utilities, indicating versatility in research capabilities [1]

Core Insights - Newmont Corporation (NEM) has confirmed its strategy to create long-term potential for scaling and growing the company's financial performance following the release of its Q4 2025 quarterly results [1] Group 1: Company Strategy - The company is focused on implementing a strategy aimed at enhancing its long-term growth and financial scaling [1]

Management said Newmont achieved its full-year production and cost guidance for 2025, producing 5.7 million ounces of gold from its core portfolio, as well as 28 million ounces of silver and 135,000 tons of copper. Viljoen said productivity and cost-saving initiatives helped mitigate pressures associated with a higher gold price environment and supported margin expansion.She also addressed a fatal incident at Newmont’s Tanami operation earlier in the month that resulted in the death of a team member, Matthe ...