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NEM – Newmont Corporation

Compliant

The company is Shariah Compliant, according to AAOIFI methodology.

Newmont Corporation is a gold producer. The Company is also engaged in the production of copper, silver, lead and zinc. The Company operates through five segments: North America, South America, Australia, Africa and Nevada. The North America segment consists primarily of Cripple Creek & Victor (CC&V) in the United States of America, Musselwhite, Porcupine and Eleonore in Canada and Penasquito in Mexico. Its South America segment consists primarily of Yanacocha in Peru, Merian in Suriname, and Cerro Negro, Argentina and has an interest in the Pueblo Viejo mine in the Dominican Republic. The Company’s Australia segment consists primarily of Boddington and Tanami in Australia. Its Africa segment consists primarily of Ahafo and Akyem in Ghana. The Company’s Nevada segment consists of an interest in Nevada Gold Mines (NGM) in the United States. The Company has a gold reserve of approximately 96.1 million ounces.

AAOIFI ✓

Debt ÷ Market cap (MC)15.53
Non-Compliant Assets ÷ MC2.23
Impure Income (incl. Interest)0.65
Impure Income%
Interest Income0.65%
Total0.65%

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