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Newmont Corporation (ASX:NEM)

ALERT: Price-sensitive ASX Announcement for NEM
Current share price for NEM : $171.840 34.99 (25.57%)+
Announcement
Release
24 Jul 2026 8:23AM
Price at Release
$136.850
Full Release
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Summary
Newmont Corporation's Q2 2026 earnings release highlights a robust financial performance. The company reported a net income attributable to Newmont stockholders of $3.328 billion, with significant contributions from its gold mining operations across various locations. Sales for the quarter amounted to $7.307 billion, with costs applicable to sales at $1.937 billion. The average realized gold price was $4,900 per ounce, showcasing a substantial increase from previous quarters. Key financial metrics include a cash position of $9.009 billion and total assets of $57.641 billion, while liabilities stood at $22.227 billion. The earnings report reflects Newmont's strategic focus on optimizing its operations and financial health.
Key Points
  • Net income attributable to Newmont stockholders: $3.328 billion.
  • Q2 2026 sales: $7.307 billion.
  • Costs applicable to sales: $1.937 billion.
  • Average realized gold price: $4,900 per ounce.
  • Cash and cash equivalents: $9.009 billion.
  • Total assets: $57.641 billion.
  • Total liabilities: $22.227 billion.
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.