# If Newmont Corporation moves, who benefits? How far does the value-chain ripple reach?
Canonical: https://valuechain.wiki/newmont · Facet: ripple · Updated: 2026-09-11T13:41:07.708473+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Per the valuechain.wiki graph, Newmont Corporation is directly linked to 2 companies (1 supply, 1 revenue relationships) and reaches 5 companies within two hops; the links are backed by 6 dated sources, 2 of them primary filings (as of 2026-09-11).

Newmont Corporation operates across Global gold and copper miner. It is +29.1% in 2026. Demand side (avg +12.9%), the stock (+29.1%) and supply side (avg +42.9%) are moving in step. Propagation has completed a lap, so the next leg depends on individual results more than chain direction. Among connected nodes the furthest ahead is Caterpillar (+42.9%) and the furthest behind is JPMorgan Chase (+12.9%). If chain logic explains the gap, the laggard is the next propagation candidate; if not, the link itself deserves a second look. It procures heavy mining equipment and automation systems, and its acquisition of Newcrest added gold and copper assets in Australia and Papua New Guinea.

## Demand chain (leading)
- T1 JPMorgan Chase (https://valuechain.wiki/jpmorgan-chase.md)
- T2 EOG Resources, Inc. (https://valuechain.wiki/eog-resources.md)
- T2 Chipotle Mexican Grill (https://valuechain.wiki/chipotle-mexican-grill.md)
- T3 DoorDash, Inc. (https://valuechain.wiki/doordash.md)

## Supply chain (benefiting)
- T1 Caterpillar (https://valuechain.wiki/caterpillar.md)
- T2 Nucor Corporation (https://valuechain.wiki/nucor.md)
- T3 NuScale Power (https://valuechain.wiki/nuscale.md)

---
Full node: https://valuechain.wiki/newmont.md · JSON: https://valuechain.wiki/newmont.json