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Newmont’s New CEO Plans to Dispense More Discipline Than Cash

  • The company will be ‘generating a lot of cash,’ VanEck says
  • Investors expecting rising dividend payouts amid gold rally
Tom Palmer at the Diggers & Dealers conference in Australia in 2015.
Tom Palmer at the Diggers & Dealers conference in Australia in 2015.Photographer: Carla Gottgens/Bloomberg
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Tom Palmer took the helm at the world’s largest gold miner shortly after bullion had its longest streak of quarterly gains since 2011. Now investors are looking to partake of that windfall.

But before shareholders get their piece of the pie, the new chief executive officer at Newmont Goldcorp Corp. will have to face the challenge of melding the assets from the recently completed mega-merger with Goldcorp Inc.