Newmont Partners MKS PAMP to Offer Traceable Gold Bar to Consumers
Newmont Corporation NEM and MKS PAMP have partnered to provide consumers with a traceable gold bar made only from Newmont-mined gold, refined and minted by MKS PAMP in Switzerland, powered by Provenance. The mine-to-market traceable PAMP 1oz Lady of Liberty gold bar is offered at the largest wholesaler in the United States, giving gold ownership a more accessible choice for wealth creation.The potential for Newmont gold to be available directly to consumers demonstrates the company's dedication to promoting gold as a valuable commodity worth pursuing and owning. Newmont's dedication to sustainable mining techniques and sourcing transparency makes it possible for consumers to buy gold while shopping for household items.The traceable 1oz Lady of Liberty gold bar uses the established Provenance solution to provide consumers with greater assurance about the origin of their gold. MKS PAMP pioneered the solution, which has been independently verified and approved, ensuring perfect gold segregation throughout the refining and minting processes, as well as transparency and full traceability.The Newmont and MKS PAMP teams collaborated to deliver this traceable gold bar to consumers to honor their long-standing collaboration. The PAMP 1oz Lady of Liberty gold bar is sealed in secure CertiPAMP packaging, which serves as a certificate of authenticity and quality perfection.Newmont and MKS PAMP's decade-long collaboration has resulted in the debut of their first co-branded traceable gold bar, which is based on their shared values and sustainability commitments. Shares of Newmont have gained 39.1% over the past year compared with a 39.4% rise of its industry.Image Source: Zacks Investment ResearchNEM's Rank & Key PicksNEM currently carries a Zacks Rank #3 (Hold).Better-ranked stocks in the basic materials space include Carpenter Technology Corporation CRS, IAMGOLD Corporation IAG and Centrus Energy Corp. LEU. Carpenter Technology currently carries a Zacks Rank #1 (Strong Buy). CRS beat the Zacks Consensus Estimate in each of the last four quarters, with the average earnings surprise being 15.9%. The company's shares have soared 140.4% in the past year. You can see the complete list of today's Zacks #1 Rank stocks here.The Zacks Consensus Estimate for IAG’s current-year earnings is pegged at 51 cents, indicating a year-over-year rise of 466.7%. The Zacks Consensus Estimate for IAG's current-year earnings has been going up in the past 30 days. IAG, a Zacks Rank #1 stock, beat the consensus estimate in each of the last four quarters, with the average earnings surprise being 200%. The company's shares have rallied roughly 114.8% in the past year.The Zacks Consensus Estimate for Centrus’ current-year earnings is pegged at $3.06 per share. LEU, a Zacks Rank #1 stock, beat the consensus estimate in three of the last four quarters while missed once, with the average earnings surprise being 107.1%. LEU has rallied around 16% in the past year. Zacks Names #1 Semiconductor StockIt's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Newmont Corporation (NEM): Free Stock Analysis Report Carpenter Technology Corporation (CRS): Free Stock Analysis Report Iamgold Corporation (IAG): Free Stock Analysis Report Centrus Energy Corp. (LEU): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks
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