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Newmont Corporation (ASX:NEM)

ALERT: Price-sensitive ASX Announcement for NEM
Current share price for NEM : $136.180 -18.3 (-11.85%)+
Announcement
Release
24 Apr 2026 8:15AM
Price at Release
$154.480
Full Release
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Summary
Newmont Corporation reported its first-quarter 2026 financial performance, highlighting a net income of $3.3 billion and an adjusted net income of $3.2 billion. The company generated $3.8 billion from operating activities and achieved a record free cash flow of $3.1 billion. Key achievements include $2.7 billion in shareholder returns through share repurchases and dividends, and an approved additional $6.0 billion share repurchase program. Newmont ended the quarter with $8.8 billion in cash and $12.8 billion in total liquidity. The company highlighted its disciplined approach to capital allocation, focusing on sustainable production growth and shareholder returns, while maintaining a strong balance sheet.
Key Points
  • Gold by-product AISC was $1,029 per ounce, benefitting from favorable sales and cost initiatives.
  • Reported net income of $3.3 billion and adjusted net income of $3.2 billion.
  • Generated $3.8 billion from operating activities with a record free cash flow of $3.1 billion.
  • Delivered $2.7 billion in shareholder returns through share repurchases and dividends.
  • Approved an additional $6.0 billion share repurchase program.
  • Ended the quarter with $8.8 billion in cash and $12.8 billion in total liquidity.
  • Focused on sustainable production growth and maintaining a strong balance sheet.
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.