Earnings summaries and quarterly performance for NEWMONT Corp /DE/.
Executive leadership at NEWMONT Corp /DE/.
Board of directors at NEWMONT Corp /DE/.
Bruce R. Brook
Senior Independent Director
David T. Seaton
Director
Emma FitzGerald
Director
Gregory H. Boyce
Independent Chair of the Board
Harry M. Conger
Director
Jane Nelson
Director
José Manuel Madero
Director
Julio M. Quintana
Director
Maura J. Clark
Director
René Médori
Director
Sally-Anne Layman
Director
Research analysts who have asked questions during NEWMONT Corp /DE/ earnings calls.
Daniel Major
UBS
6 questions for NEM
Lawson Winder
Bank of America
6 questions for NEM
Anita Soni
CIBC Capital Markets
5 questions for NEM
Daniel Morgan
Barrenjoey
5 questions for NEM
Hugo Nicolaci
Not Stated in Transcript
5 questions for NEM
Joshua Wolfson
RBC Capital Markets
5 questions for NEM
Matthew Murphy
BMO Capital Markets
5 questions for NEM
Tanya Jakusconek
Scotiabank
5 questions for NEM
Fahad Tariq
Jefferies Financial Group
3 questions for NEM
Alistair Harvey
JPMorgan Chase & Co.
2 questions for NEM
Ralph Profidi
Stifel
2 questions for NEM
Alex Hacking
Citigroup
1 question for NEM
Andrew Bowler
Macquarie Group
1 question for NEM
Kate McCutcheon
Citigroup Inc.
1 question for NEM
Michael Parkin
National Bank Financial
1 question for NEM
Recent press releases and 8-K filings for NEM.
- 10-year extension of Loulo-Gounkoto license through 2036 secured, plus return of ~3 metric tons of seized gold and release of four detained employees.
- Barrick’s interim CEO Mark Hill reopened dialogue with Mali’s military government, marking a diplomatic success early in his tenure.
- Arbitration proceedings withdrawn as Barrick accepts Mali’s new mining code, clearing the way to restart operations at the key African asset.
- Agreement comes amid pressure from activist investors advocating for a corporate breakup, highlighting ongoing strategic challenges.
- Gold production of 63,154 oz and gold sales of 66,200 oz at an average realized price of $3,489/oz, generating $237.0 M in Q3 2025 revenue
- Net earnings of $42.4 M ($0.05/share) and adjusted net earnings of $61.1 M ($0.08/share) in Q3 2025
- Operating cash flow of $153.5 M and free cash flow of $86.8 M in Q3 2025
- Cash position grew by 35% to $341.5 M, with gold sales up 56% quarter-over-quarter
- Inflection completed the acquisition of 12 exploration licences totaling 4,592 km² in Australia’s Northern Territory, hosting 16 IOCG targets acquired from Newmont.
- The Bigeye target (8 × 8 km aeromagnetic high coincident with gravity and AEM anomalies) is top priority; Government drill hole NDIBK07 intersected hematite–pyrite alteration dated 1,652 Ma, analogous to Ernest Henry-style IOCG systems.
- Other high-potential targets—Barreleye, Fangtooth and Flashlight—show coincident magnetic, gravity and IP signatures consistent with IOCG mineralisation at depth.
- A first-pass air-core drilling program across priority targets is planned for the first half of 2026, pending permitting and the end of the wet season.
- Newmont is exploring options to acquire full ownership of Barrick Gold’s Nevada gold assets, either by purchasing Barrick’s minority stake or pursuing a full takeover.
- The company plans to divest non-core assets, showing less interest in Barrick’s African operations and the Reko Diq copper-gold project in Pakistan.
- This move follows Newmont’s acquisitions of Goldcorp in 2019 and Newcrest in 2023, expanding its presence in a key mining region.
- On the news, Newmont’s shares fell amid production concerns, while Barrick’s shares rose, and Newmont forecasts 5.6 million ounces of gold production in 2025 from its 11 mines and joint ventures.
- Newmont achieves commercial production at Ahafo North in Ghana following the first gold pour on September 19, 2025.
- Ahafo North is expected to produce approximately 50,000 ounces of gold in 2025, ramping to 275,000–325,000 ounces annually over the next five years with a 13-year mine life.
- Marks Newmont’s third mining investment in Ghana and second operational site after divesting the Akyem mine in April 2025; located ~50 km from Ahafo South to leverage operational synergies.
- Project generated ~4,500 construction jobs and established ~1,560 ongoing positions (560 permanent, 1,000 contracted) for operations.
- Discovery of the “Bullet Zone” intercepts the highest-grade antimony drilled to date, with 14.90 g/t AuEq over 4.6 m (3.76% Sb, 0.29 g/t Au) within 2.42 g/t AuEq over 53.3 m in hole LB25-002.
- The intercept confirms NevGold’s revised geological model by drilling below a thrusted dolomite unit, expanding the mineralization footprint by over 150 m and targeting more than 1 km of prospective Pilot Shale east of Resurrection Ridge.
- 11 drillholes completed to date in the 2025 program, with phase II metallurgical testwork on gold and antimony underway and an initial gold-antimony Mineral Resource Estimate in progress.
- Surface sampling near new drill pads returned up to 6.8% Sb and 0.25 g/t Au, underlining further expansion potential around the Bullet Zone.
- Newcore Gold has increased its 2024–2025 drill program to 45,000 metres at the Enchi Gold Project after securing a $10 million cash position from warrant exercises.
- Phase 1 infill drilling (25,097 m in 207 RC holes) at Sewum, Boin, Nyam and Kojina Hill achieved 98.5% hole success in intersecting gold mineralization to support resource conversion.
- Phase 2 will focus on discovery drilling along strike and at depth, targeting higher-grade structures to underpin a Pre-Feasibility Study in Q4 2025.
- Tom Palmer will retire at the end of 2025 after leading Newmont since 2019 and will serve as a strategic advisor through March 2026.
- Natascha Viljoen, Newmont’s President and COO since 2023 with over 30 years of mining experience, will become CEO on January 1, 2026.
- Under Palmer, Newmont completed key strategic transactions, including the $17 billion acquisition of Newcrest and the Nevada Gold Mines joint venture.
- The announcement coincided with rival Barrick Gold CEO Mark Bristow’s abrupt resignation, marking notable industry leadership shifts.
- Former CFO Karyn Ovelmen departed earlier in 2025, and Peter Wexler has been appointed interim finance chief.
- Moody’s raised Newmont’s issuer credit rating to A3 from Baa1 with a stable outlook.
- The upgrade reflects Newmont’s improved credit profile, strengthened balance sheet, robust liquidity, and prudent financial management.
- Newmont closed Q2 2025 with $6.2 billion in consolidated cash and $10.2 billion of total liquidity.
- Capital allocation priorities remain focused on financial strength, steady reinvestment, and shareholder returns via dividends and share repurchases.
- On July 31, 2025, Newmont disposed of 29,213,186 shares of Orosur Mining at C$0.19 per share, generating C$5,550,505.34 in gross proceeds.
- These shares represented approximately 9.4% of Orosur’s issued and outstanding common stock immediately prior to the sale; Newmont now holds no shares of the issuer.
- Newmont may, depending on price, market conditions or other factors, seek to increase its beneficial ownership or control of Orosur securities in the future.
Quarterly earnings call transcripts for NEWMONT Corp /DE/.
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