Robert Bruce's position in Newmont is currently worth $7.49M. That's 2.69% of their equity portfolio (12th largest holding). Robert Bruce acquired their 100k shares between 2019 and 2024. So far they never sold any shares in the company. The stake costed the investor $3.63M, netting the investor a gain of 106% so far.
Newmont's Q4-24 results were solid, but per share metrics and margin capture since 2020 have massively disappointed despite higher gold prices. Unfortunately...