{"product_id":"newmont-pestle-analysis","title":"Newmont Mining PESTLE Analysis","description":"\u003cdiv class=\"pr-shrt-dscr-wrapper orange\"\u003e\n\u003csection class=\"pr-shrt-dscr-box\"\u003e\n\u003cdiv class=\"pr-shrt-dscr-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Magnifier-Icon.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eYour Competitive Advantage Starts with This Report\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"pr-shrt-dscr-content\"\u003e\n\u003cp\u003eDiscover how regulatory shifts, commodity cycles, and sustainability trends are shaping Newmont Mining’s strategic prospects—our concise PESTLE snapshot highlights the key external pressures and opportunities that matter to investors and strategists. Purchase the full PESTLE analysis for a complete, actionable breakdown you can use to stress-test portfolios, inform M\u0026amp;A, or guide boardroom decisions.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eP\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eolitical factors\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper green\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Political-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eGeopolitical stability in Tier 1 jurisdictions\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eNewmont holds ~60% of attributable gold reserves and major operations in Australia and North America, shielding the firm from abrupt regime change risks that affect emerging markets.\u003c\/p\u003e\n\u003cp\u003eTier 1 jurisdictions offer stable permitting and tax regimes, supporting Newmont's multiyear capital plans—the company reported US$2.3bn sustaining capex in 2024, underscoring predictability.\u003c\/p\u003e\n\u003cp\u003eOperating focus in these regions reduced geopolitical exposure versus peers, protecting shareholders from the extreme volatility seen in several emerging-market mining jurisdictions through 2025.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Political-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eResource nationalism in emerging markets\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eOperations in parts of Africa and South America face resource nationalism risk, with governments pushing higher taxes, mandatory state equity and revised codes; e.g., Peru proposed royalty hikes affecting miners' margins and Ghana has sought increased state stakes, putting pressure on Newmont's 2024 adjusted EBITDA of $4.2B.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Political-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Political-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eTrade policies and export restrictions\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eGlobal trade tensions and shifting alliances affect movement of concentrates and refined metals, with 2024 WTO data showing global trade growth slowing to 1.8% and trade barriers rising; Newmont faces higher logistics and treatment charges when borders tighten. Recent export duty changes in major copper\/gold producers—e.g., Peru’s temporary export measures in 2023 and Indonesia’s 2024 mineral export policies—can increase Newmont’s unit costs and delay shipments. Monitoring geopolitical shifts helps Newmont protect access to smelters\/refineries and adapt marketing to secure long-term offtake and maintain 2024–25 production targets.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Political-Box-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eGovernment relations post merger integration\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eFollowing the US$19.5bn acquisition of Newcrest in 2023, Newmont has been renegotiating terms with governments across Australia, Indonesia and Papua New Guinea to align governance, honor legacy community agreements and meet fiscal obligations tied to the deal.\u003c\/p\u003e\n\u003cp\u003eMaintaining status as a preferred partner requires meeting local content, royalty and ESG commitments; lapses could affect ~30% of combined regional production and future permitting.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eUS$19.5bn acquisition (2023)\u003c\/li\u003e\n\u003cli\u003e~30% of combined regional production at stake\u003c\/li\u003e\n\u003cli\u003eFocus: local content, royalties, ESG, legacy agreements\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Political-Box-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eMining royalty and tax reforms\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eMany jurisdictions are reassessing fiscal regimes to capture more mining rents amid commodity volatility and rising sovereign debt; IMF reported mining-tax reviews increased 25% globally in 2024.\u003c\/p\u003e\n\u003cp\u003eProposed royalty hikes or windfall taxes could cut Newmont’s free cash flow and lower project IRRs—e.g., a 2% royalty rise could reduce NI by hundreds of millions annually given 2024 revenue of ~$12.4bn.\u003c\/p\u003e\n\u003cp\u003eNewmont lobbies for balanced tax frameworks, engaging governments and ICMM to protect investment attractiveness while acknowledging revenue needs.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eIMF: 25% rise in mining-tax reviews (2024)\u003c\/li\u003e\n\u003cli\u003e2024 revenue ~$12.4bn; 2% royalty ≈ hundreds of millions impact\u003c\/li\u003e\n\u003cli\u003eActive advocacy via ICMM and industry dialogues\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Political-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003ePolitical risk in Peru\/Ghana\/Indonesia\/PNG could threaten ~30% production, pressuring $4.2B EBITDA\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003ePolitical risks concentrated in Tier 1 jurisdictions reduce abrupt regime risk, but exposure in Peru, Ghana, Indonesia and PNG raises fiscal and permitting uncertainty that could hit ~30% of combined regional production and pressure 2024 adjusted EBITDA of $4.2B; IMF flagged a 25% rise in mining-tax reviews in 2024.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003eValue\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003e2024 revenue\u003c\/td\u003e\n\u003ctd\u003e$12.4B\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003e2024 adj. EBITDA\u003c\/td\u003e\n\u003ctd\u003e$4.2B\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eAcquisition\u003c\/td\u003e\n\u003ctd\u003e$19.5B (Newcrest, 2023)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eAt-risk production\u003c\/td\u003e\n\u003ctd\u003e~30%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eIMF: mining-tax reviews (2024)\u003c\/td\u003e\n\u003ctd\u003e+25%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-includes\"\u003e\n\u003ch2\u003eWhat is included in the product\u003c\/h2\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Word-Icon.svg\" alt=\"Word Icon\"\u003e\n\u003cstrong\u003eDetailed Word Document\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eExplores how macro-environmental factors uniquely affect Newmont Mining across Political, Economic, Social, Technological, Environmental, and Legal dimensions, with data-driven insights and region-specific trends to identify risks and opportunities.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"plus-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Plus-Icon.svg\" alt=\"Plus Icon\"\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Excel-Icon.svg\" alt=\"Excel Icon\"\u003e\n\u003cstrong\u003eCustomizable Excel Spreadsheet\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eA concise Newmont Mining PESTLE summary that’s visually segmented for quick meetings, easily editable for regional or business-line notes, and ready to drop into presentations to support risk discussions and cross-team alignment.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eE\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003economic factors\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Economic-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eGold price volatility and safe haven demand\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eAs the world’s largest gold producer, Newmont’s revenue is highly sensitive to spot gold movements; a 10% change in gold price can shift annual revenue by roughly $2–3 billion based on 2024–2025 production and pricing levels. By end-2025, persistent inflation and geopolitical tensions kept gold elevated near $1,900–2,000\/oz, sustaining safe-haven demand. Newmont’s scale and 2025 all-in sustaining costs around $1,100–1,200\/oz help preserve margins through temporary price pullbacks.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Economic-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCopper demand for the green energy transition\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eNewmont has increased copper exposure, aligning with predicted demand growth; BloombergNEF estimates cumulative copper demand for energy transition could reach +60% by 2035 vs 2022, supporting higher long-term prices. \u003c\/p\u003e\n\u003cp\u003eProjected structural deficits—ICSG and S\u0026amp;P GL suggest supply shortfalls of several million tonnes by the early 2030s—benefit Newmont’s copper assets and projects. \u003c\/p\u003e\n\u003cp\u003eDiversifying into industrial metals balances Newmont’s gold-heavy portfolio and captures a high-growth market as EVs and renewables drive sustained copper intensity per vehicle (300–400 kg for BEVs vs ~20–50 kg for ICE). \u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Economic-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Economic-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eInflationary pressures on operational costs\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eRising labor, energy and consumable costs—cyanide up ~18% and steel ~12% year-on-year in 2024—pressure Newmont’s margins as diesel averaged ~USD 1.10\/litre and electricity tariffs rose in key jurisdictions by ~6–9% in 2024.\u003c\/p\u003e\n\u003cp\u003eNewmont reported 2024 site cost improvements and $1.2 billion in sustainability and efficiency investments to offset inflation through fleet electrification and renewables.\u003c\/p\u003e\n\u003cp\u003eRigorous cost control, hedging, and supply-chain optimization helped Newmont limit AISC volatility, keeping 2024 adjusted AISC near guidance at about $1,050\/oz.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Economic-Box-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCurrency exchange rate fluctuations\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eNewmont operates across Australia, Canada and other jurisdictions, incurring costs in AUD, CAD and local currencies while reporting revenues in USD; a 10% AUD\/USD move altered operating margins at Australian sites materially in 2023–2025.\u003c\/p\u003e\n\u003cp\u003eExchange-rate swings can therefore cause volatility in reported EPS and site-level competitiveness; Newmont reported FX impacts of roughly $150–300 million on cash flows in 2024.\u003c\/p\u003e\n\u003cp\u003eThe company employs financial hedges and natural hedges (USD-priced sales, local sourcing) to reduce exposure and stabilize outcomes.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eOperations: multi-currency costs (AUD, CAD)\u003c\/li\u003e\n\u003cli\u003eReported FX impact: ~$150–300M (2024)\u003c\/li\u003e\n\u003cli\u003eHedges: financial instruments + natural hedges\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Economic-Box-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eGlobal interest rate environment\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eThe global interest rate environment shapes Newmont’s cost of capital and valuation metrics; higher central bank rates raise debt service costs and discount rates applied to long‑life mining assets, compressing NPV. In 2024, US Fed policy rates near 5.25–5.50% raised borrowing costs, but Newmont’s investment‑grade rating (S\u0026amp;P BBB, Moody’s Baa2 as of 2024) and $4.2bn liquidity position preserved access to financing.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eHigher rates → higher discount rates, lower project NPVs\u003c\/li\u003e\n\u003cli\u003eRaises cost of debt for capital‑intensive projects\u003c\/li\u003e\n\u003cli\u003eShifts investor preference between bullion and yield\u003c\/li\u003e\n\u003cli\u003eNewmont’s BBB\/Baa2 rating and ~$4.2bn liquidity mitigate funding risk\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Economic-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eNewmont: Gold at $1.9–2k, AISC ~$1.05–1.2k, FX swings hit $150–300m; $4.2bn liquidity\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eGold price swings drive ~$2–3bn revenue per 10% move (2024–25); 2025 gold ~1,900–2,000\/oz. AISC ~$1,100–1,200\/oz; 2024 adjusted AISC ~1,050\/oz. Copper demand +60% by 2035 (BNEF) supports Newmont’s copper pivot. 2024 FX hit cash flows ~$150–300m; AUD\/USD 10% swing materially affects margins. Net liquidity ~$4.2bn; rating S\u0026amp;P BBB \/ Moody’s Baa2 (2024).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003e2024–25\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eGold price\u003c\/td\u003e\n\u003ctd\u003e$1,900–2,000\/oz\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eAISC\u003c\/td\u003e\n\u003ctd\u003e$1,050–1,200\/oz\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eFX impact\u003c\/td\u003e\n\u003ctd\u003e$150–300m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eLiquidity\u003c\/td\u003e\n\u003ctd\u003e$4.2bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003ch2\u003e\n\u003cspan style=\"color: #3BB77E;\"\u003eWhat You See Is What You Get\u003c\/span\u003e\u003cbr\u003eNewmont Mining PESTLE Analysis\u003c\/h2\u003e\n\u003cp\u003eThe preview shown here is the exact document you’ll receive after purchase—fully formatted and ready to use, containing a concise PESTLE analysis of Newmont Mining covering political, economic, social, technological, legal, and environmental factors.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Explore-Preview.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e","brand":"MatrixBCG","offers":[{"title":"Default Title","offer_id":56751506817401,"sku":"newmont-pestle-analysis","price":10.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0911\/3554\/1625\/files\/newmont-pestle-analysis.png?v=1772232374","url":"https:\/\/matrixbcg.com\/products\/newmont-pestle-analysis","provider":"MatrixBCG","version":"1.0","type":"link"}