Newmont Corp Stock Price, News & Analysis

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.

Newmont Corporation (NYSE: NEM) announced successful early tender results for its offers to purchase up to $2.00003 billion of outstanding notes. The tender offers were split into two pools: Pool 1 with a maximum amount of $1.00003 billion and Pool 2 with a maximum amount of $1 billion.

For Pool 1, Newmont expects to accept all validly tendered 2.800% notes due 2029 and 2.250% notes due 2030, while the 3.250% notes due 2030 will be subject to a 21% proration factor. For Pool 2, the company will accept all validly tendered 6.250% notes due 2039 and 4.875% notes due 2042, with 5.750% notes due 2041 subject to a 79% proration factor.

The early tender deadline was August 8, 2025, and the expected settlement date is August 13, 2025. Due to oversubscription, Newmont will not accept additional tenders after the early tender deadline.

[ "Strong investor interest with oversubscription in both tender offer pools", "Successful debt management initiative targeting $2.00003 billion of outstanding notes", "Company maintains financial flexibility by managing its debt structure" ]

Newmont Corporation (NYSE: NEM) has announced the ratification of the Akyem East Mining Lease by Ghana's Parliament, triggering a $100 million payment from Zijin Mining Group. This brings the total after-tax proceeds from the Akyem sale to approximately $770 million.

The company expects to generate $3.1 billion in total after-tax cash proceeds from its 2025 divestiture program, including $2.6 billion from divested assets and about $470 million from the sale of equity shares in Greatland Resources Limited and Discovery Silver Corp. These proceeds will be used for debt reduction and shareholder returns.

Newmont Corporation (NYSE: NEM) has announced the complete divestment of its stake in Orosur Mining Inc. through a private transaction completed on July 31, 2025. The company sold 29,213,186 common shares at C$0.19 per share, generating total proceeds of C$5.55 million.

Prior to the sale, Newmont's ownership represented approximately 9.4% of Orosur Mining's outstanding shares on a non-diluted basis. Following this disposition, Newmont no longer holds any shares in Orosur Mining, though it maintains the possibility of future investments depending on market conditions.

Newmont Corporation (NYSE: NEM) has launched tender offers to purchase up to $2 billion of its outstanding notes. The tender offers are divided into two pools: Pool 1 with a maximum amount of $1 billion targeting notes due 2029-2030, and Pool 2 with a maximum amount of $1 billion for notes due 2032-2044.

Holders must tender their notes by August 8, 2025 (Early Tender Date) to receive the Total Consideration, which includes a $50 per $1,000 Early Tender Payment. Notes tendered after this date but before August 25, 2025 (Expiration Date) will receive the Late Tender Offer Consideration. The expected Early Settlement Date is August 13, 2025, with the Final Settlement Date around August 28, 2025.

Newmont (NYSE: NEM) reported strong Q2 2025 results with $2.1 billion in net income and record quarterly free cash flow of $1.7 billion. The company produced 1.5 million attributable gold ounces at an average realized price of $3,320 per ounce.

Key financial highlights include $1.6 billion in adjusted net income ($1.43 per share), $3.0 billion in adjusted EBITDA, and $2.4 billion in operating cash flow. The company maintains a strong balance sheet with $6.2 billion in cash and $10.2 billion in total liquidity.

Newmont announced an additional $3.0 billion share repurchase program and declared a quarterly dividend of $0.25 per share. The company expects to receive over $3.0 billion in after-tax proceeds from its divestiture program in 2025.

Newmont (NYSE: NEM) has announced agreements to sell shares in Greatland Resources Limited and Discovery Silver Corp for approximately $470 million in net proceeds. The sales represent significant returns on investments, with Greatland shares yielding a 230% return and Discovery shares delivering a 200% return relative to their initial transaction values.

Following the divestiture of half its Greatland shares, Newmont retains a 9.9% stake in the company. The company will completely exit its position in Discovery Silver Corp after the July 2025 sales. These transactions are part of Newmont's broader divestiture program, which is now expected to generate $3.0 billion in after-tax proceeds in 2025.

The company confirms it remains on track to meet its 2025 guidance while maintaining strong free cash flow from its portfolio of long-life assets.

Newmont Corporation (NYSE: NEM) has scheduled its second quarter 2025 earnings conference call for Thursday, July 24, 2025, after North American markets close. The conference call will be held at 5:30 p.m. Eastern Daylight Time on July 24 (7:30 a.m. Australian Eastern Standard Time on July 25).

Investors can access the conference call via phone using dial-in number 833.470.1428 (US) or 404.975.4839 (International) with access code 242977. A webcast replay will be available through Newmont's website, with replay numbers 866.813.9403 (US) and 929.458.6194 (International), access code 836920.

The webcast materials will be accessible under the Investor Relations section of Newmont's website after market close on July 24, 2025.

Newmont (NYSE: NEM) has announced a CAD $8 million community investment to benefit the Tahltan Nation, marking the 10th anniversary of the Red Chris Mine in British Columbia. The investment will support projects in Telegraph Creek, Dease Lake, and Iskut communities, focusing on community spaces, recreation facilities, greenhouse space, and housing improvements. The Red Chris Mine, an open-pit copper and gold mine, employs approximately 220 Tahltans and generates about $100 million annually in business with the Tahltan Nation Development Corporation. The mine operates under an Impact Benefit and Co-Management Agreement with the Tahltan Nation, ensuring their expertise and values guide operations. The partnership includes annual royalties to the Tahltan Heritage Trust and shared mineral tax revenue with the Province of British Columbia.