Newmont Corp
Company Profile
Business description
Newmont is the world's largest gold miner. It bought Goldcorp in 2019, combined its Nevada mines in a joint venture with competitor Barrick later that year, and also purchased competitor Newcrest in November 2023. Its portfolio includes 17 wholly or majority owned mines and interests in two joint ventures in the Americas, Africa, Australia and Papua New Guinea. The company is expected to produce roughly 6.9 million ounces of gold in 2024. However, after buying Newcrest, Newmont is likely to sell a number of its higher cost, smaller mines accounting for 20% of forecast sales in 2024. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts. It had about two decades of gold reserves along with significant byproduct reserves at end December 2023.
Contact
6900 E Layton Avenue
Suite 700
Denver CO 80237
USAT: +1 303 863-7414
E: Jessica.Largent@Newmont.com
Sector
Basic Materials
Stock type
Cyclical
Industry
Gold
Fiscal Year End
31 December 2024
Employees
21,700
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Markets
Index
|
Last price
|
Change
|
% Change
|
|---|---|---|---|
| All Ordinaries | 8,076.70 | 11.20 | 0.14% |
| CAC 40 | 8,131.41 | 55.73 | 0.69% |
| DAX 40 | 18,498.38 | 68.33 | 0.37% |
| Dow JONES (US) | 39,056.39 | 172.13 | 0.44% |
| FTSE 100 | 8,354.05 | 40.38 | 0.49% |
| HKSE | 18,313.86 | 165.51 | -0.90% |
| NASDAQ | 16,302.76 | 29.80 | -0.18% |
| Nikkei 225 | 38,202.37 | 632.73 | -1.63% |
| NZX 50 Index | 11,782.89 | 17.89 | -0.15% |
| S&P 500 | 5,187.67 | 0.03 | -0.00% |
| S&P/ASX 200 | 7,804.50 | 11.20 | 0.14% |
| SSE Composite Index | 3,128.48 | 19.26 | -0.61% |
Market Movers
Name
|
Last price
|
Change
|
% Change
|
|---|---|---|---|
| Sayona Mining Ltd SYA | 0.04 | 0.00 | 0.00% |
| Telstra Group Ltd TLS | 3.65 | 0.01 | 0.27% |
| Imugene Ltd IMU | 0.08 | 0.00 | -1.32% |
| Red 5 Ltd RED | 0.45 | 0.01 | 2.27% |
| South32 Ltd S32 | 3.65 | 0.00 | 0.00% |
| Peninsula Energy Ltd PEN | 0.12 | 0.00 | 0.00% |
| AMP Ltd AMP | 1.12 | 0.01 | 0.45% |
| Pantoro Ltd PNR | 0.09 | 0.01 | -5.56% |
| ANZ Group Holdings Ltd ANZ | 29.12 | 0.33 | 1.15% |
| Australian Vanadium Ltd AVL | 0.02 | 0.00 | 7.14% |