Your Daily Brief For May 16th

Your Daily Brief For May 16th

7 months ago1 min

Today's Stories

Today's Insight

Your Brief Summary

In today’s Daily Brief, we'll be looking at gold miner Newmont, which has just struck a deal to buy up its rival Newcrest.

"Newmont is set to consolidate its position as the world's biggest gold miner with a $20 billion deal to buy Australian rival Newcrest – the sector's biggest to date."

Key takeaways:

  • The world's biggest gold miner could be set to get even bigger
  • Investors are uneasy about markets right now
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Disclaimer: These articles are provided for information purposes only. Occasionally, an opinion about whether to buy or sell a specific investment may be provided. The content is not intended to be a personal recommendation to buy or sell any financial instrument or product, or to adopt any investment strategy as it is not provided based on an assessment of your investing knowledge and experience, your financial situation or your investment objectives. The value of your investments, and the income derived from them, may go down as well as up. You may not get back all the money that you invest. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment advisor.

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