Newmont Corp Stock Price, News & Analysis

Newmont (NYSE: NEM) reported Q3 2025 results and improved 2025 cost and capital guidance. Key Q3 metrics: 1.42M attributable gold ounces produced, Adjusted net income $1.9B ($1.71 per diluted share), Adjusted EBITDA $3.3B, and a third-quarter record $1.6B free cash flow. The company received nearly $640M in net proceeds from asset and equity sales in Q3 and over $3.5B year-to-date from transactions in 2025. Newmont reduced debt by $2.0B, ended the quarter near-zero net debt, and declared a $0.25 per-share dividend payable Dec 22, 2025.

Management confirmed Ahafo North commercial production by Oct 23, 2025, and noted a Moody's upgrade to A3 with stable outlook.

Newmont (NYSE: NEM) has scheduled its third quarter 2025 earnings conference call for October 23, 2025. The company will release its Q3 2025 results after the U.S. market close, followed by a conference call at 5:30 p.m. Eastern Daylight Time (8:30 a.m. Australian Eastern Daylight Time on October 24).

Investors can access the call via phone using dial-in number 833.470.1428 (US) or 404.975.4839 (International) with access code 458850. A webcast will be available at the company's website, and presentation materials will be accessible in the Investor Relations section after market close on October 23.

Newmont Corporation (NYSE: NEM) announced a significant leadership transition as CEO Tom Palmer will step down on December 31, 2025, after serving since 2019. Natascha Viljoen, the current President and COO, will succeed Palmer as President and CEO effective January 1, 2026.

Palmer, who has spent 12 years at Newmont and nearly 40 years in the mining industry, will serve as Strategic Advisor until March 31, 2026, to ensure a smooth transition. Viljoen brings over three decades of global leadership experience, including her previous role as CEO of Anglo American Platinum. She joined Newmont in 2023 as EVP and COO, known for her expertise in safety leadership, operational discipline, and building high-performance teams.

Newmont (NYSE: NEM) announced its first gold pour at the Ahafo North Project in Ghana on September 19, 2025, marking a significant milestone toward commercial production expected in Q4 2025. The project, considered the best unmined gold deposit in West Africa, is anticipated to produce 275,000-325,000 ounces of gold annually over a 13-year mine life.

Located 30 kilometers from Newmont's Ahafo South operations, the project has generated 4,500 contracted jobs during development and will create approximately 560 permanent and 1,000 contracted roles once operational. Following the recent divestment of the Akyem mine, Ahafo North will become Newmont's second operational site in Ghana.

Newmont (NYSE: NEM) has completed the sale of its entire stake in Orla Mining Ltd., disposing of 43 million common shares at US$10.14 per share, generating gross proceeds of US$439 million. The transaction represents Newmont's exit from its 13.3% ownership position in Orla.

The sale aligns with Newmont's strategy of streamlining its equity portfolio, contributing to the company's total of ~$900 million in after-tax proceeds from equity holdings divestments in 2025. The relationship between the companies remains positive, with Orla having previously acquired several former Newmont assets, including the recent Musselwhite acquisition.

Newmont Corporation (NYSE: NEM) has announced the sale of its Coffee Project in Yukon, Canada to Fuerte Metals Corporation for up to $150 million in total consideration. The transaction, expected to close in Q4 2025, includes $10 million in cash, $40 million in Fuerte shares, and a 3.0% Net Smelter Return royalty that Fuerte can repurchase for up to $100 million.

Through this deal, Newmont will acquire approximately 27% ownership in Fuerte through 34 million Consideration Shares. This sale marks the completion of Newmont's previously announced divestment strategy of six operations and two projects from its Australian, Ghanaian, and North American business units.

Newmont Corporation (NYSE: NEM) has announced its voluntary delisting from the Toronto Stock Exchange (TSX), expected to be effective around September 24, 2025. The decision is driven by low trading volumes on the TSX and aims to improve administrative efficiency and reduce costs for shareholders.

The company will maintain its primary listing on the New York Stock Exchange (NYSE), along with continued listings on the Australian Securities Exchange (ASX) and Papua New Guinea Stock Exchange (PNGX) under the symbol "NEM". Shareholders currently trading on TSX are advised to consult their brokers regarding options to trade their shares on alternative exchanges.

Newmont (NYSE: NEM) has received a credit rating upgrade from Moody's to A3 from Baa1, with a stable outlook. The upgrade reflects the company's improved credit profile, strengthened balance sheet, and prudent financial management.

The company ended Q2 2025 with $6.2 billion in consolidated cash and $10.2 billion in liquidity. Newmont maintains its commitment to a balanced capital allocation strategy, focusing on maintaining financial strength while delivering shareholder returns through dividends and share repurchases.

Newmont Corporation (NYSE: NEM) has announced pricing terms for its tender offers to purchase up to $2 billion of outstanding notes across two pools. The tender offers include Pool 1 with a maximum amount of $1,000,030,000 targeting three series of notes due 2029-2030, and Pool 2 with a maximum amount of $1,000,000,000 covering three series of notes due 2039-2042.

The Total Consideration for the notes ranges from $916.95 to $1,113.14 per $1,000 principal amount, including an early tender payment of $50.00. Holders who tendered by the Early Tender Deadline of August 8, 2025 will receive accrued interest up to the Early Settlement Date, expected on August 13, 2025.