Instrument Name Newmont Mining Corp Instrument ExchangeNYSE: Instrument SymbolNEM-N

Palm Beach, FL - October 6, 2021 – FinancialNewsMedia.com News Commentary – Amongst a growing number of concerns, changing fiscal and monetary policies are believed to have created future inflation risks. It is worth remembering that fueling the gold price rally that followed the 2008 global financial crisis, only to be proven wrong later, many investors feel that given the far more extensive stimulus provided during the Covid-19 crisis, the likelihood of inflationary pressures are growing. Reuters had commented "the coronavirus pandemic forced many mines to close temporarily and curtailed sales of gold jewelry, but it also triggered a rush to buy gold for its perceived safe-haven status... These investors pushed prices Gold above $2,000 an ounce (in 2020), the highest level on record, and... prices are likely to average more than $2,000 in 2021." A recent article published this week stated: Gold prices held steady below a one-week high earlier this week as lingering concerns over higher inflation and a slowdown in economic growth countered pressure from a firmer dollar. Spot gold was little changed at $1,759.11 per ounce by 0632 GMT, after hitting its highest since Sept. 23 at $1,765.54 earlier in the day. U.S. gold futures rose 0.1% to $1,760.20. The dollar index was steady and rebounded from its lowest level since Sept. 29 hit earlier in the day, making gold more expensive for buyers holding other currencies. Offsetting pressure from the stronger dollar were concerns over persistent inflation, with data on Friday showing euro zone inflation hit a 13-year high last month and elevated price spikes in the United States." Active stocks in the mining markets this week include (OTCQB: GIDMF) (CSE: IGLD), (NYSE: GOLD) (TSX: ABX), Corporation (NYSE: FNV) (TSX: FNV), (OTCQX: IAUCF) (TSX: IAU), (NYSE: NEM) (TSX: NGT).

/PRNewswire/ -- Amongst a growing number of concerns, changing fiscal and monetary policies are believed to have created future inflation risks. It is worth remembering that fueling the gold price rally that followed the 2008 global financial crisis, only to be proven wrong later, many investors feel that given the far more extensive stimulus provided during the Covid-19 crisis, the likelihood of inflationary pressures are growing.  Reuters had  "the coronavirus pandemic forced many mines to close temporarily and curtailed sales of gold jewelry, but it also triggered a rush to buy gold for its perceived safe-haven status… These investors pushed prices Gold above an ounce (in 2020), the highest level on record, and… prices are likely to average more than in 2021."  A recent  published this week stated:  Gold prices held steady below a one-week high earlier this week as lingering concerns over higher inflation and a slowdown in economic growth countered pressure from a firmer dollar.  Spot gold was little changed at per ounce by , after hitting its highest since at earlier in the day. U.S. gold futures rose 0.1% to .  The dollar index was steady and rebounded from its lowest level since hit earlier in the day, making gold more expensive for buyers holding other currencies.  Offsetting pressure from the stronger dollar were concerns over persistent inflation, with data on Friday showing euro zone inflation hit a 13-year high last month and elevated price spikes in ."  Active stocks in the mining markets this week include (OTCQB: GIDMF) (CSE: IGLD), (NYSE: GOLD) (TSX: ABX),  Corporation (NYSE: FNV) (TSX: FNV),  (OTCQX: IAUCF) (TSX: IAU),  (NYSE: NEM) (TSX: NGT).The recent Reuters article continued:  Gold is traditionally seen as an inflation hedge, although reduced central bank stimulus and interest rate hikes tend to push government bond yields up, translating into a higher opportunity cost for holding gold that pays no interest.  Also providing some support to the safe-haven metal were concerns over the broader economic impact of Chinese property developer Evergrande's debt crisis.  "With gold near the lows of its recent range, it is attractive as a short-term hedge against potential political disruptions in and elsewhere," said , managing partner at SPI Asset Management.

--Newmont Has Invested $150 Million in Autonomous Haulage Project Short-Term Impact on Boddington's Expected Gold Production of Approximately 140,000 Ounces for 2021, as Autonomous Fleet Is Fully Ramped Up