Newmont’s shares experienced a 1.04% decline, settling at $83.03, as the broader gold stock market faced a downturn. The decrease in gold stocks was attributed to the metal’s price slipping following a rise in the US dollar. In a related development, Chrysos’ PhotoAssay technology is gaining traction among major gold miners. The technology provides rapid analysis of gold, silver, copper, and other elements. Dirk Treasure, Chrysos’ managing director and CEO, stated, “We are continuing our strategy of converting the world’s biggest gold miners to PhotonAssay.” He further noted, “We are pleased to see top- and mid-tier producers adopting our technology at their projects, a trend that will only accelerate as we continue to penetrate the global mining market.”
