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Newmont Corporation (ASX:NEM)

ALERT: Price-sensitive ASX Announcement for NEM
Current share price for NEM : $129.910 -24.57 (-15.90%)+
Announcement
Release
24 Apr 2026 8:16AM
Price at Release
$154.480
Full Release
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Summary
Newmont Corporation's quarterly report for the period ending March 31, 2026, highlights several financial improvements, including a significant increase in net income attributable to Newmont stockholders, which rose to $3,262 million from $1,891 million in the previous year. The company's sales increased to $7,307 million, driven by higher realized gold and silver prices and lower applicable sales costs following divestitures. Net cash provided by operating activities also rose by 86% to $3,785 million. Newmont's liquidity position remains strong with $8,775 million in cash and $12,775 million in total liquidity, while production figures show 1.3 million attributable ounces of gold and various other metals. The company also reported progress in its portfolio management with proceeds from divestitures and share repurchases enhancing shareholder value.
Key Points
  • Net income attributable to Newmont stockholders increased to $3,262 million.
  • Sales increased to $7,307 million, primarily due to higher gold and silver prices.
  • Net cash provided by operating activities increased by 86% to $3,785 million.
  • Newmont ended the quarter with $8,775 million in cash and $12,775 million in total liquidity.
  • Production included 1.3 million attributable ounces of gold.
  • Proceeds from divestitures and share repurchases enhanced shareholder value.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.