Newmont Corporation's Stock Analysis

Newmont Stockholders Approve Key Proposals at Annual Meeting

On May 12, 2026, Newmont conducted its Annual Meeting of Stockholders where three key proposals were voted on and approved. These included the election of Directors, an advisory resolution on executive compensation, and the ratification of Ernst & Young LLP as the independent registered public accounting firm for the year 2026.

All proposals received majority support from the stockholders. It is noted that abstentions were counted in the voting results for the proposals, except for the Election of Directors where they were excluded. The approval of these matters may have implications for the company's governance and financial oversight.

May 13, 2026 16:17:33

Newmont's CTO Francois Hardy to Retire, Erin Workman Interim

Francois Hardy, Executive Vice President and Chief Technical Officer of Newmont Corporation, has announced his retirement effective June 30, 2026, after nearly 24 years with the company. His departure is voluntary and unrelated to any disagreements regarding company operations. Newmont is actively working on a succession plan and has a strong internal team to ensure a smooth transition.

In the interim, Erin Workman will assume the role of acting Chief Technical Officer starting May 2026. Ms. Workman has significant experience in mineral exploration and has held various leadership positions within Newmont since 2019. She has a solid educational background, including an Executive MBA and relevant technical qualifications, and there are no conflicts of interest regarding her appointment.

Apr 28, 2026 16:15:26

Newmont Reports Record Earnings and Increases Share Repurchase Program

Newmont Corporation announced its first quarter 2026 results, reporting a net income of $3.3 billion or $3.00 per diluted share, driven by a higher realized gold price and lower costs. The company produced approximately 1.3 million attributable gold ounces and generated a record $3.1 billion in free cash flow. Newmont also declared a dividend of $0.26 per share and has authorized an additional $6.0 billion for share repurchases, doubling its previous program.

The company ended the quarter with $8.8 billion in cash and $12.8 billion in total liquidity, maintaining a net cash position of $3.2 billion. Newmont's production guidance for 2026 remains unchanged, with planned investments in sustaining capital expected to increase throughout the year. The focus on capital efficiency and a disciplined approach to development capital reinvestment is intended to enhance long-term value for shareholders.

Apr 23, 2026 16:06:02

Newmont Reports Fourth Quarter and Full Year 2025 Results

Newmont Corporation announced its fourth quarter and full year 2025 results, reporting a record free cash flow of $7.3 billion and a net income of $7.2 billion. The company achieved production of 5.9 million attributable gold ounces and declared a fourth quarter dividend of $0.26 per share, payable on March 26, 2026. Newmont also reduced its debt by $3.4 billion, concluding the year with a net cash position of $2.1 billion and total liquidity of $11.6 billion.

For 2026, Newmont expects attributable gold production to be approximately 5.3 million ounces, with an all-in sustaining cost of $1,680 per ounce. The company plans to invest $1.95 billion in sustaining capital and $1.4 billion in development capital to enhance its operations. Newmont's enhanced capital allocation framework aims to ensure sustainable dividend growth and maintain a resilient balance sheet, with a commitment to return $1.1 billion annually to shareholders through dividends.

Feb 19, 2026 16:06:10

Newmont Reports Q3 2025 Financial Results and Dividend Declaration

Newmont Corporation announced its third quarter results for 2025, reporting a net income of $1.8 billion and adjusted net income of $1.9 billion, equating to $1.71 per diluted share. The company produced approximately 1.4 million gold ounces and generated a record $1.6 billion in free cash flow for the quarter. Newmont improved its 2025 cost and capital guidance, achieving significant progress on cost savings initiatives while maintaining production outlooks in a rising gold price environment. The company also declared a dividend of $0.25 per share, payable on December 22, 2025.

In addition to the financial results, Newmont reported a reduction in debt by $2 billion, ending the quarter with a near-zero net debt position and $5.6 billion in cash. The company received credit rating upgrades from Moody's, reflecting its strengthened balance sheet and liquidity position. Newmont is on track to declare commercial production at the Ahafo North project in Ghana, which is expected to contribute to profitable gold production over its initial 13-year mine life.

Oct 23, 2025 16:05:29

Newmont Announces CEO Transition and Leadership Changes

Newmont Corporation has announced that Tom Palmer will retire as Chief Executive Officer and Board member on December 31, 2025. Natascha Viljoen, currently the President and Chief Operating Officer, will succeed Palmer as CEO and join the Board on January 1, 2026. Palmer will assist in the transition as a strategic advisor until March 31, 2026. Viljoen, who joined Newmont in 2023, brings over 30 years of mining industry experience, previously serving as CEO of Anglo American Platinum and holding various leadership roles in major mining companies.

As part of her new role, Viljoen will receive a base salary of $1.2 million and be eligible for performance-based incentives, including an annual cash bonus and long-term equity bonuses. The transition is part of Newmont's leadership development and succession planning, ensuring continuity in strategic direction and operational excellence. Palmer's tenure included significant acquisitions that strengthened Newmont's asset portfolio, and he will continue to receive retirement benefits as outlined in the company's plans.

Sep 29, 2025 16:31:08

Newmont Announces Second Quarter 2025 Financial Results

Newmont Corporation reported its second quarter results for 2025, highlighting a net income of $2.1 billion, or $1.85 per diluted share, which is an increase compared to the previous quarter. The company produced approximately 1.5 million attributable gold ounces and generated a record quarterly free cash flow of $1.7 billion. Additionally, Newmont announced a $3.0 billion share repurchase program and declared a dividend of $0.25 per share, payable on September 29, 2025. The company maintains a strong balance sheet with $6.2 billion in cash and a net debt to adjusted EBITDA ratio of 0.1x.

The company’s performance was bolstered by a favorable average realized gold price of $3,320 per ounce, despite a slight decrease in production from the previous quarter. Newmont's operating cash flow was $2.4 billion, with a significant return of capital to shareholders totaling $1.0 billion since the last earnings call. The company remains on track to meet its 2025 guidance, with expectations for increased production in the second half of the year, particularly from its non-managed joint ventures and core operations.

Jul 24, 2025 16:03:16

Newmont CFO Resignation and Interim Replacement Announced

Karyn F. Ovelmen has resigned as Chief Financial Officer of Newmont Corporation, effective July 11, 2025. Her resignation was not related to any disagreements regarding the company's operations or financial practices. The company is currently searching for a permanent successor, while Peter Wexler, the Executive Vice President and Chief Legal Officer, will serve as interim CFO until a replacement is appointed.

Ovelmen will receive six months of her base salary and medical insurance as part of a separation agreement, which also includes a general release of claims against the company. Wexler, who joined Newmont in March 2024, brings over three decades of corporate experience and will continue his role as Chief Legal Officer during his interim tenure. Any potential supplemental compensation for his interim CFO role has yet to be determined.

Jul 14, 2025 17:00:56

Newmont Appoints Natascha Viljoen as President and COO

Newmont Corporation has announced the promotion of Natascha Viljoen to President and Chief Operating Officer. Viljoen, who has been serving as the Chief Operating Officer since 2023, will continue to report to Chief Executive Officer Tom Palmer. This change is intended to enhance the company's focus on operational delivery and improve costs and productivity following the recent acquisition of Newcrest.

Natascha Viljoen has a background as the Chief Executive Officer of Anglo American Platinum and holds degrees in engineering and business. The leadership transition aims to position Newmont effectively to meet its commitments and support its stakeholders, including teams, communities, and shareholders. Newmont is recognized as a leading gold producer and is committed to sustainable and responsible mining practices.

May 02, 2025 16:39:55

Newmont Declares Dividend and Reports Strong Q1 2025 Results

Newmont Corporation has announced its first quarter 2025 results, reporting a net income of $1.9 billion and adjusted net income of $1.25 per diluted share. The company produced 1.5 million attributable gold ounces and generated a record free cash flow of $1.2 billion. Additionally, Newmont completed its non-core divestiture program, generating over $2.5 billion in after-tax cash proceeds in the first half of 2025, with total gross proceeds expected to reach up to $4.3 billion from these sales. The company declared a dividend of $0.25 per share, payable on June 20, 2025, to shareholders of record as of May 27, 2025.

Newmont's balance sheet remains robust, ending the quarter with $4.7 billion in cash and $8.8 billion in total liquidity, while reducing its debt by $1 billion since the beginning of the year. The average realized gold price for the quarter was $2,944 per ounce, and the company is on track to meet its 2025 production guidance. Despite a decrease in attributable gold production from the previous quarter, the company continues to maintain a strong operational outlook and has made significant progress on its asset divestitures.

Apr 23, 2025 16:06:00