Welcome to our dedicated page for Newmont news (Ticker: NEM), a resource for investors and traders seeking the latest updates and insights on Newmont stock.
Newmont Corporation reports news on gold mining operations, mineral reserves, project development and capital allocation across its global portfolio. The company is a gold producer that also produces copper, zinc, lead and silver, with assets and prospects in Africa, Australia, Latin America & Caribbean, North America and Papua New Guinea.
Recurring updates include quarterly and annual results, gold and by-product production, cost and capital guidance, mineral reserve statements, dividends, share repurchase authorizations, debt reduction and portfolio optimization. Company news also covers operational milestones such as commercial production at Ahafo North in Ghana, exploration and organic project pipeline activity, and governance or leadership matters tied to its mining organization.
Newmont Corporation (NYSE: NEM) has announced the complete divestment of its stake in Orosur Mining Inc. through a private transaction completed on July 31, 2025. The company sold 29,213,186 common shares at C$0.19 per share, generating total proceeds of C$5.55 million.
Prior to the sale, Newmont's ownership represented approximately 9.4% of Orosur Mining's outstanding shares on a non-diluted basis. Following this disposition, Newmont no longer holds any shares in Orosur Mining, though it maintains the possibility of future investments depending on market conditions.
Newmont Corporation (NYSE: NEM) has launched tender offers to purchase up to $2 billion of its outstanding notes. The tender offers are divided into two pools: Pool 1 with a maximum amount of $1 billion targeting notes due 2029-2030, and Pool 2 with a maximum amount of $1 billion for notes due 2032-2044.
Holders must tender their notes by August 8, 2025 (Early Tender Date) to receive the Total Consideration, which includes a $50 per $1,000 Early Tender Payment. Notes tendered after this date but before August 25, 2025 (Expiration Date) will receive the Late Tender Offer Consideration. The expected Early Settlement Date is August 13, 2025, with the Final Settlement Date around August 28, 2025.
Newmont (NYSE: NEM) reported strong Q2 2025 results with $2.1 billion in net income and record quarterly free cash flow of $1.7 billion. The company produced 1.5 million attributable gold ounces at an average realized price of $3,320 per ounce.
Key financial highlights include $1.6 billion in adjusted net income ($1.43 per share), $3.0 billion in adjusted EBITDA, and $2.4 billion in operating cash flow. The company maintains a strong balance sheet with $6.2 billion in cash and $10.2 billion in total liquidity.
Newmont announced an additional $3.0 billion share repurchase program and declared a quarterly dividend of $0.25 per share. The company expects to receive over $3.0 billion in after-tax proceeds from its divestiture program in 2025.
Newmont (NYSE: NEM) has announced agreements to sell shares in Greatland Resources Limited and Discovery Silver Corp for approximately $470 million in net proceeds. The sales represent significant returns on investments, with Greatland shares yielding a 230% return and Discovery shares delivering a 200% return relative to their initial transaction values.
Following the divestiture of half its Greatland shares, Newmont retains a 9.9% stake in the company. The company will completely exit its position in Discovery Silver Corp after the July 2025 sales. These transactions are part of Newmont's broader divestiture program, which is now expected to generate $3.0 billion in after-tax proceeds in 2025.
The company confirms it remains on track to meet its 2025 guidance while maintaining strong free cash flow from its portfolio of long-life assets.Newmont Corporation (NYSE: NEM) has scheduled its second quarter 2025 earnings conference call for Thursday, July 24, 2025, after North American markets close. The conference call will be held at 5:30 p.m. Eastern Daylight Time on July 24 (7:30 a.m. Australian Eastern Standard Time on July 25).
Investors can access the conference call via phone using dial-in number 833.470.1428 (US) or 404.975.4839 (International) with access code 242977. A webcast replay will be available through Newmont's website, with replay numbers 866.813.9403 (US) and 929.458.6194 (International), access code 836920.
The webcast materials will be accessible under the Investor Relations section of Newmont's website after market close on July 24, 2025.
Newmont Corporation (NYSE: NEM) has released its 2024 Sustainability Report and Taxes & Royalties Contribution Report, highlighting significant ESG achievements and financial contributions. The company generated $16 billion in total economic contributions, including $1.9 billion in taxes and royalties to governments and $69 million in community investments.
Key sustainability achievements include leading the mining sector on the Dow Jones Sustainability Index for the ninth consecutive year, spending $2.6 billion with local suppliers, and achieving 33% women representation in senior leadership. The company earned The Copper Mark and The Molybdenum Mark certifications at Cadia and exceeded its land reclamation target by reclaiming 192 hectares.
Following the tragic loss of five colleagues, Newmont conducted a comprehensive safety systems review and committed to an "always safe" approach for 2025 and beyond.
Newmont Corporation (NYSE: NEM) has promoted Natascha Viljoen to the position of President and Chief Operating Officer. Viljoen, who has served as Executive Vice President and COO since 2023, will continue reporting to CEO Tom Palmer. Prior to joining Newmont, she was CEO of Anglo American Platinum, the world's largest primary platinum producer.
Palmer highlighted Viljoen's strong leadership, commitment to safe operations, and deep connections within the company as key factors in her promotion. The appointment comes at a strategic time following the completion of Newmont's portfolio rationalization after the Newcrest acquisition. Viljoen, a metallurgical engineer with an Executive MBA, expressed her commitment to ensuring benefits for all stakeholders through the company's world-class portfolio.
Newmont (NYSE: NEM) reported strong Q1 2025 results with $1.9 billion in Net Income and record first-quarter free cash flow of $1.2 billion. The company delivered 1.5 million attributable gold ounces and achieved an average realized gold price of $2,944 per ounce.
Key financial highlights include Adjusted Net Income of $1.25 per diluted share and Adjusted EBITDA of $2.6 billion. The company completed its non-core divestiture program, generating up to $4.3 billion in total gross proceeds, including over $2.5 billion in after-tax cash proceeds in H1 2025.
Newmont maintained a strong balance sheet with $4.7 billion in cash and $8.8 billion in total liquidity. The company reduced debt by $1.0 billion since the start of the year and declared a quarterly dividend of $0.25 per share.
Newmont (NYSE: NEM) has completed its non-core divestiture program with the final sales of its Akyem operation in Ghana and Porcupine operation in Canada. The transactions generated after-tax cash proceeds of approximately $850 million before closing adjustments.
The company has successfully divested all six of its non-core operations announced in early-2024. Total gross proceeds from announced divestitures are expected to reach up to $4.3 billion, including $3.8 billion from non-core divestitures and $527 million from the sale of other investments.
As part of the Porcupine sale, Newmont received 119,716,667 common shares of Discovery Silver Corp., representing approximately 15% ownership of Discovery's outstanding common shares. The company plans to use the cash proceeds to strengthen its balance sheet and continue share repurchases.