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Newmont Corporation (ASX:NEM)

ALERT: Price-sensitive ASX Announcement for NEM
Current share price for NEM : $135.840 43.96 (47.85%)+
Announcement
Release
25 Jul 2025 8:21AM
Price at Release
$91.880
Full Release
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Summary
Newmont Corporation's Quarterly Report for the period ended 30 June 2025 reveals a strong financial performance with sales reaching $5,317 million for the quarter and $10,327 million for the six months. The company reported a net income attributable to Newmont stockholders of $2,061 million for the quarter and $3,952 million for the six months. The report emphasizes significant production figures, with 1.5 million ounces of gold produced and substantial production of co-products such as copper, silver, lead, and zinc. Newmont maintained a strong financial position with $6.2 billion in cash and total liquidity of $10.2 billion. The company continued its commitment to sustainability and responsible mining, evidenced by the publication of its Annual Sustainability Report. Additionally, Newmont engaged in portfolio optimization through divestitures of non-core assets and has announced substantial share repurchase programs amounting to $3 billion to return value to shareholders.
Key Points
  • Sales reached $5,317 million for the quarter and $10,327 million for six months.
  • Net income attributable to Newmont stockholders was $2,061 million for the quarter.
  • Produced 1.5 million ounces of gold and significant co-products.
  • Maintained $6.2 billion in cash and $10.2 billion in total liquidity.
  • Published Annual Sustainability Report highlighting ESG performance.
  • Engaged in portfolio optimization with divestitures of non-core assets.
  • Announced a $3 billion share repurchase program.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.