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Newmont Transaction Highlights Rising Valuations For Undeveloped Gold Assets

Newswire.ca - Wed May 13, 7:30AM CDT

Issued on behalf of Greenland Mines Ltd.

Newmont reported $4,900/oz realized in Q1. Kinross reported $4,873. Agnico Eagle posted record operating margins. Barrick is preparing a NewCo IPO of its North American gold assets. The deposits that priced at $1,800 are now sitting on a different planet -- and the ones with the most ounces have the most to gain.

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