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Newmont Corporation (ASX:NEM)

ALERT: Price-sensitive ASX Announcement for NEM
Current share price for NEM : $177.820 92.62 (108.71%)+
Announcement
Release
28 Apr 2025 8:08AM
Price at Release
$85.200
Full Release
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Summary
The Newmont Corporation released its quarterly results for the period ended March 31, 2025, reporting significant financial improvements compared to the previous year. The company achieved total sales of $5,010 million, a rise from $4,023 million in the same quarter of 2024, with net income attributable to Newmont stockholders reaching $1,891 million, up from $166 million. The report highlights operational efficiency and a focus on sustainability, reflecting Newmont's strong market position as a leader in gold production and its commitment to responsible mining practices.
Key Points
  • Sales totaled $5,010 million, compared to $4,023 million in Q1 2024.
  • Net income attributable to Newmont stockholders was $1,891 million.
  • Gold production totaled 1,460 thousand ounces.
  • Adjusted net income per share increased to $1.25 from $0.55 year-over-year.
  • The company remains focused on sustainability and responsible mining practices.
  • Newmont is the only gold producer listed in the S&P 500 Index.
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.