The $3,600 Question: How Gold’s Pullback and Newmont’s Red Chris Evaluation Redefine Mining Capital Allocation
When spot gold slipped below US$4,000 per troy ounce on Friday, October 23, 2026—closing at US$3,993.96 per ounce after the London bullion fixing recorded US$4,026.70 per ounce—the pullback prompted an immediate question across mining boardrooms and …