Newmont Earnings Reports

Newmont saw a significant increase in gold production and revenue in Q4 2024, driven by higher average realized gold prices and increased sales volumes. Net income surged due to these factors, despite a reported loss on asset sales. The company's liquidity remained strong with a substantial increase in free cash flow.

Newmont reported a net income of $924 million and free cash flow of $760 million in Q3 2024. The company is making progress on its non-core divestment program and has repurchased 9.4 million shares since the last earnings release. They also delivered $786 million in total returns to shareholders through share repurchases and dividend payments.

Newmont reported a strong second quarter in 2024, marked by significant gold equivalent ounce production and free cash flow generation. The company advanced its divestiture program, completed share repurchases, and reduced debt while maintaining confidence in meeting full-year guidance and shareholder return commitments.

Newmont reported a strong first quarter operational performance, driven by its Tier 1 gold and copper operations. The company produced 2.2 million gold equivalent ounces and generated over $1.4 billion in cash from operations before working capital changes. Newmont is on track to achieve its full-year guidance and deliver meaningful synergies and productivity improvements from the combined portfolio.

Newmont's Q4 2023 results showed a net loss of $3.2 billion, primarily due to significant impairment and reclamation charges. However, adjusted net income improved to $486 million, driven by higher sales volumes and realized gold prices. The company also completed the acquisition of Newcrest Mining Limited and is focused on integrating its assets.

Newmont reported improved production and cash flows in the third quarter, driven by higher production volumes, strong gold prices and stable costs. The company reported a net income of $163 million and free cash flow of $397 million. Newmont remains on track to close the pending acquisition of Newcrest on November 6th.

Newmont reported adjusted EBITDA of $910 million, net income of $155 million, and free cash flow of $40 million. The company produced 1.24 million attributable gold ounces and 256 thousand co-product gold equivalent ounces. They remain on track to achieve full year guidance.

Newmont Corporation announced first quarter 2023 results, delivering expected production and generating nearly $1.0 billion in adjusted EBITDA. The company sold common shares of Triple Flag Precious Metals Corporation for $179 million and declared a first quarter dividend of $0.40 per share.

Newmont Corporation announced its Q4 and full-year 2022 results, achieving its full-year production guidance and generating $4.6 billion in adjusted EBITDA and $1.1 billion in free cash flow. The company also declared a fourth-quarter dividend of $0.40 per share.

Newmont Corporation reported solid third-quarter production of 1.49 million attributable ounces of gold. The company is on track to achieve full-year guidance, despite challenges from lower metal prices and timing of sales. Adjusted Net Income was $0.27 per share, and Free Cash Flow was $(63) million, impacted by one-time working capital payments and timing of concentrate shipments.

Newmont Corporation announced solid second quarter results, producing 1.5 million attributable ounces of gold and generating $514 million in free cash flow. The company updated its full-year guidance to 6.0 million ounces of attributable gold production and reaffirmed its original guidance of 1.3 million gold equivalent ounces from co-products.

Newmont Corporation announced solid first quarter results, producing 1.34 million attributable ounces of gold. The company generated $689 million in cash from continuing operations and $252 million of Free Cash Flow. Revenue increased 5 percent to $3.0 billion due to higher average realized gold prices and higher copper sales volumes.

Newmont's Q4 2021 results showed a net loss of $(61) million, but an adjusted net income of $624 million. The company produced 1.62 million attributable ounces of gold and $2.6 billion in free cash flow for the full year.

Newmont Corporation reported a challenging Q3 2021, marked by a net loss of $8 million, but generated $1.1 billion in cash from continuing operations and $735 million in free cash flow. The company produced 1.45 million ounces of gold and 315 thousand gold equivalent ounces. Despite the challenges, Newmont reinvested in operations and returned over $2 billion to shareholders through dividends and share buybacks.

Newmont Corporation announced solid second quarter results, producing 1.4 million attributable ounces of gold and 303 thousand attributable gold equivalent ounces from co-products. The company generated $993 million in cash from continuing operations and $578 million of free cash flow. Newmont declared a second quarter dividend of $0.55 per share and completed $149 million of share repurchases.

Newmont Corporation reported a solid first quarter in 2021, with attributable gold production of 1.5 million ounces and adjusted EBITDA of $1.457 billion. The company generated $442 million in free cash flow and is on track to achieve its full-year guidance. Newmont also continues to invest in its world-class portfolio and prioritize safety and sustainability practices.

Newmont Corporation announced record full year and fourth quarter 2020 results, generating $3.6 billion of free cash flow and ending the year with over $5.5 billion of consolidated cash.

Newmont Corporation announced record third quarter 2020 results, driven by strong performance from its world-class assets and higher gold prices. The company reported adjusted EBITDA of $1.7 billion and free cash flow of $1.3 billion, marking the best quarterly financial performance in its history. Newmont remains focused on protecting the health and safety of its workforce and neighboring communities amidst the ongoing pandemic.

Newmont Corporation reported solid second quarter 2020 financial results, with attributable gold production of 1.26 million ounces. The company generated $668 million in cash from continuing operations and $388 million in Free Cash Flow. Revenue increased to $2,365 million due to higher average realized gold prices.

Newmont Corporation announced solid first quarter 2020 results, generating $2,581 million in revenue and $611 million in free cash flow. The company responded to COVID-19 from a position of strength, prioritizing the well-being of employees and communities.

Newmont Corporation reported a strong fourth quarter in 2019, marked by a 45% increase in revenue to $2,967 million and GAAP net income of $537 million. The results reflect increased production from acquired Goldcorp assets and higher realized gold prices.