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 11 mines and interests in two joint ventures in the Americas, Africa, Australia, and Papua New Guinea. The company is expected to sell roughly 5.6 million ounces of gold in 2025 from its core mines after selling six higher-cost, smaller mines following the Newcrest acquisition. 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 the end of December 2024.
Contact
6900 E Layton Avenue
Suite 700
DenverCO80237
USAT: +1 303 863-7414
Sector
Basic Materials
Stock type
Cyclical
Industry
Gold
Fiscal Year End
31 December 2025
Employees
22,200
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