Newmont Corporation
NEM.ASXMaterials
Newmont is a global mining company with operations in Africa, Australia, North and South America. It is the world's leading gold producer, but is also engaged in the production of copper, silver, lead and zinc.
Market Data
$151.270
+0.0%$161.5B
14.2x
$7.710
0.68%
+0.1%
Latest Earnings
Quarterly Report period ended 31 March 2026 (Form 10-Q)
24 April 2026
Newmont delivered strong Q1 2026 results with net income of $3,262M ($3.00 per share), up 73% YoY, driven by significantly higher average realized gold prices ($4,900/oz vs $2,944/oz) and silver prices ($66.78/oz vs $30.12/oz), partially offset by lower gold production (1,231k oz vs 1,460k oz) due to 2025 divestitures. The company generated robust operating cash flow of $3,785M (+86% YoY) and free cash flow of $3,144M, while maintaining strong liquidity of $12.8B and continuing capital returns through dividends and share buybacks. Key points: Record gold price realization of $4,900/oz, up 66% YoY, combined with strong silver prices at $66.78/oz (+122% YoY) substantially boosted revenues by 46% to $7.3B; Adjusted net income of $3,156M (+125% YoY) and Adjusted EBITDA of $5,154M (+96% YoY) demonstrate strong operational leverage at higher commodity prices; Operating cash flow surged 86% to $3,785M with free cash flow of $3,144M, supporting continued capital returns of $1.9B in share buybacks and $0.26/share dividend
Recent Announcements
Quarterly Report period ended 31 March 2026 (Form 10-Q)
Newmont delivered strong Q1 2026 results with net income of $3,262M ($3.00 per share), up 73% YoY, driven by significantly higher average realized gold prices ($4,900/oz vs $2,944/oz) and silver prices ($66.78/oz vs $30.12/oz), partially offset by lower gold production (1,231k oz vs 1,460k oz) due to 2025 divestitures. The company generated robust operating cash flow of $3,785M (+86% YoY) and free cash flow of $3,144M, while maintaining strong liquidity of $12.8B and continuing capital returns through dividends and share buybacks. Key points: Record gold price realization of $4,900/oz, up 66% YoY, combined with strong silver prices at $66.78/oz (+122% YoY) substantially boosted revenues by 46% to $7.3B; Adjusted net income of $3,156M (+125% YoY) and Adjusted EBITDA of $5,154M (+96% YoY) demonstrate strong operational leverage at higher commodity prices; Operating cash flow surged 86% to $3,785M with free cash flow of $3,144M, supporting continued capital returns of $1.9B in share buybacks and $0.26/share dividend
First Quarter 2026 Earnings Results Release (Form 8-K)
Newmont delivered exceptional Q1 2026 results with record quarterly earnings of $3.3B net income ($3.00 per share) and record free cash flow of $3.1B, driven by a strong realized gold price of $4,900/oz and improved unit costs. The company remains on track to meet full-year 2026 guidance of 5.3M attributable gold ounces while announcing a doubled $6.0B share repurchase authorization and a $0.26 quarterly dividend. Key points: Record quarterly free cash flow of $3.1B, with $3.8B in operating cash flow demonstrating strong cash generation despite elevated working capital spending; Excellent cost performance: Gold By-Product AISC of $1,029/oz, down 29% YoY, benefiting from favorable co-product pricing and cost discipline initiatives; Strong shareholder returns: $2.7B returned since last earnings call ($2.4B in buybacks + dividends); $6.0B new share repurchase authorization announced with $6.0B fully executed to date
NEM Announces First Quarter 2026 Earnings Conference Call
This is an announcement notification for Newmont's Q1 2026 earnings conference call scheduled for April 23, 2026 (April 24 AEST), with results to be released on the same date. No financial results or metrics are included in this announcement as it is solely a scheduling notice for the upcoming earnings call. Key points: Newmont is the world's leading gold company with world-class portfolio of assets across favorable mining jurisdictions; Only gold producer listed in S&P 500 Index; Recognized industry leader in environmental, social, and governance practices
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