Newmont beats quarterly profit estimates on higher gold prices
Newmont surpassed Q3 profit forecasts due to soaring gold prices averaging $4,204 per ounce, although quarterly production dipped to 1.30 million ounces from the previous year.
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Newmont surpassed Q3 profit forecasts due to soaring gold prices averaging $4,204 per ounce, although quarterly production dipped to 1.30 million ounces from the previous year.
Newmont beat Q2 profit estimates driven by soaring gold prices, despite production dips from seismic events and lower grades. The company forecasts steady Q3 output while warning of rising unit costs
Major gold miners including Newmont and Barrick expect combined Q2 profits near $3.5 billion driven by soaring bullion prices, despite energy cost pressures. Strong cash flows support continued share
Gold prices hit a nearly two-week high driven by geopolitical tensions and Fed expectations, while oil rates rose following Red Sea shipping disruptions. Mining firms Sibanye Stillwater and Newmont fa
Newmont appointed Brian Tabolt as CFO and Mark Rodgers as COO during a leadership overhaul under new CEO Natascha Viljoen. The move aims to enhance performance and cost discipline amidst rising costs
Ghana regulators ordered Newmont, AngloGold, and Zijin to shift mining operations to local firms by December 2026 or face sanctions. New rules mandate full Ghanaian ownership for surface mining and 50