which was much more than the average gold equity peer. Large-cap firms such as Newmont, Agnico Eagle Mines, and Northern Star Resources made up 8.7%, 8.4%, and 7.0% of the portfolio’s assets ...

Strong results on the back of elevated gold prices. Average realized gold prices of USD 2,640 per ounce, 32% higher than a year ago, drove a more than doubling in Newmont's fourth-quarter 2024 ...