Newmont CEO Goldberg on Royalty Hikes, Kalgoorlie Stake

Newmont CEO Goldberg on Royalty Hikes, Kalgoorlie Stake

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Business

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Hard

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The transcript discusses a company's strategy to attract ETF investors by potentially increasing its dividend yield, despite fluctuating gold prices. It also covers the impact of a royalty rate hike in Western Australia on the company's operations and investment decisions. The company is considering its joint venture interests in Kalgoorlie and Turquoise Ridge, and is confident in its ability to fund high-margin projects through its cash flow.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the company's strategy to attract investors away from ETFs?

Reducing stock prices

Offering a higher dividend yield

Increasing gold production

Merging with other companies

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the company plan to address the proposed royalty rate increase in Western Australia?

By closing down operations

By increasing gold prices

By relocating to another country

By negotiating with the local government

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the potential financial impact of the royalty rate increase on the company's operations?

$20 million per year

$10 million per year

$5 million per year

$15 million per year

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the company's stance on acquiring the remaining stake in Kalgoorlie?

Plans to sell its current stake

Already owns the entire stake

Interested if the value is right

Not interested due to high costs

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the company plan to fund its high-margin projects?

Through external loans

By issuing more stocks

Using its operating cash flows

By selling existing assets