Overview
Description
Newmont Corporation CeDEAR represents a financial instrument issued in Argentina, offering an investment in shares of the Newmont Corporation, one of the world's leading gold producers. CeDEARs, or Certificados de Depósito Argentinos, allow local investors to gain exposure to international companies by purchasing deposit certificates on the Buenos Aires Stock Exchange. Newmont Corporation, headquartered in Colorado, is involved in the exploration, acquisition, and production of gold and copper deposits across various continents, including North and South America, Africa, and Australia. By investing in this CeDEAR, individuals participate indirectly in the mining industry, which plays a critical role in global markets due to its impact on commodities trading, resource management, and international trade. These depositary certificates provide a distinctive avenue for Argentine investors to diversify their portfolios globally without currency exchange complications, leveraging the performance of an international entity like Newmont Corporation.
About
CEO
Mr. Thomas Ronald Palmer
Employees
22200
Address
6900 E Layton Avenue
Suite 700
Denver, 80237, CO
United States
Suite 700
Denver, 80237, CO
United States
Phone
303 863 7414
Website
Instrument type
Common stock
Sector
Basic Materials
Industry
Gold
Country
Argentina
MIC code
XBUE