| May 13, 2026 | other | Newmont held its 2026 Annual Meeting, approving directors, executive compensation, and auditor ratification. |
|---|
| Apr 28, 2026 | management_change | Newmont's EVP and Chief Technical Officer, Francois Hardy, will retire; Erin Workman named acting CTO. |
|---|
| Apr 23, 2026 | earnings | Newmont reported Q1 2026 results with $3.3B net income, $3.1B free cash flow, and authorized a $6.0B share repurchase. |
|---|
| Apr 23, 2026 | Guidance: adjusted_tax_rate | not reported to 33.00 |
|---|
| Apr 23, 2026 | Guidance: attributable_gold_production | not reported to 1345.00 |
|---|
| Apr 23, 2026 | Guidance: attributable_production_percentage | not reported to 23.00 |
|---|
| Apr 23, 2026 | mda_quarterly | Newmont reported a significant increase in net income to $3,262 million for the three months ended March 31, 2026, up from $1,891 million in the prior year, primarily driven by higher average realized gold and silver prices. Consolidated sales rose to $7,307 million, with gold sales benefiting from a realized price of $4,900 per ounce, despite lower gold ounces sold. Costs applicable to sales decreased due to the completion of a divestiture program in 2025, which included assets like Telfer, CC&V, and Akyem. Excluding divestitures, costs increased from higher royalties, worker's participation, and contracted services at the newly commercial Ahafo North project in Ghana.
The company faces increased operating costs in Ghana due to the expiration of a stability agreement, resulting in a higher corporate tax rate (35% from 32.5%), a new sliding-scale royalty (5-12% of gold revenues), and a 1% Growth and Sustainability Levy. Newmont also issued a notice of default to Barrick regarding alleged mismanagement and resource diversion at the NGM joint venture in Nevada. Production varied across sites, with Lihir, Cadia, Boddington, Ahafo South, and Peñasquito experiencing lower gold production, while Merian, Cerro Negro, Yanacocha, Brucejack, and NGM saw increases. Cadia's underground operations were temporarily suspended in April 2026 due to an earthquake. Newmont maintains strong liquidity with $8,775 million in cash and equivalents, monitoring ongoing geopolitical and macroeconomic pressures. |
|---|
| Feb 19, 2026 | business | Newmont Corporation is the world's leading gold producer, with extensive operations and assets across North America, South America, Australia, Africa, and Papua New Guinea. The company also produces copper, silver, lead, and zinc. As of December 31, 2025, Newmont held attributable proven and probable gold reserves of 118.2 million ounces, complemented by significant measured, indicated, and inferred resources. A pivotal strategic move was the acquisition of Newcrest Mining Limited, completed on November 6, 2023, which substantially expanded its global footprint. Post-acquisition, Newmont initiated a portfolio optimization program in February 2024, divesting six non-core assets—Telfer, CC&V, Musselwhite, Éléonore, Porcupine, Akyem—and the Coffee development project. These divestitures, completed through 2024 and 2025, streamline the company's focus on its most valuable operations. Newmont's operational structure includes 13 reportable segments, comprising 12 managed mining operations and a 38.5% interest in Nevada Gold Mines. The Ahafo North project in Ghana achieved commercial production in October 2025, adding a new reportable segment. |
|---|
