Newmont Mining vs. Franco-Nevada: Which Gold Stock is a Better Buy? NEM – Though the price of gold recently retreated on rising optimism about a quick economic recovery, improving consumer spending and potentially rising inflationary pressures on the back of government stimulus could renew strength in the yellow metal. Newmont Goldcorp Corporation (NEM) and Franco-Nevada Corporation (FNV) are two major players in the gold mining space. They demonstrated strength last year and we think are likely to reach new highs as gold prices rebound. But let’s find out which of these stocks is a better buy now. Feb 8, 2021 Gold has always long been perceived as a safe-haven asset, to which investors gravitate to store value in difficult economic times. Newmont Goldcorp Corporation (NEM) and Franco-Nevada Corporation (FNV), two of the world’s prominent gold mining companies, have been thriving since the onset of the COVID-19 pandemic last year as investors turned to gold to protect their wealth and hedge against the economic ravages of the global public health crisis.