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 5.5 million ounces of gold in 2024 from its core mines and 6.8 million in total. It 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 the end of December 2023.

Newmont Corporation

Newmont Corporation is involved in the mining industry, specifically focusing on the production of gold and the management of mining operations. The company claims to create value and improve lives through sustainable and responsible mining.

COM:NEWMONT

Newmont Corporation

Last Close

43.32

22/11 21:00

Market Cap

49.39B

Beta: -

Volume Today

6.97M

Avg: -