Newmont CEO Goldberg Talks $500M Debt Tender Offer, Gold Rally

Newmont Mining announced a $500 million debt tender offer on Monday morning at the BMO Metals & Mining Conference in Hollywood, Florida.
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Newmont Mining announced a $500 million debt tender offer on Monday morning at the BMO Metals & Mining Conference in Hollywood, Florida, and Kitco News was on the frontline. The company’s CEO Gary Goldberg sat with Daniela Cambone to discuss the debt tender offer as well as the recent rally in gold prices and whether they are sustainable in the long term. This week marks Goldberg's three-year anniversary at Newmont and he said his main focus, which is different than when he arrived, is on value over volume. Newmont’s stock has risen nearly 42% so far this year, last up at $26.01 a share. Gold prices also up on the day, last quoted at $1,233.40 an ounce.