Newmont Corporation
NGT.TO
Toronto Stock Exchange116.00
CAD
-1.24
- -
Newmont Corporation
NGT.TO
(Toronto Stock Exchange)
Recent
price
116.00
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Newmont Corporation is a leading gold and copper mining company engaged in the exploration, extraction, and production of gold, copper, silver, zinc, and lead. The company offers a comprehensive portfolio of products including gold bullion, copper cathodes, concentrated silver, zinc concentrates, and lead concentrates. Its operations encompass world-class mining assets in North America, South America, Australia, Africa, and Papua New Guinea. Founded in 1921 and headquartered in Greenwood Village, Colorado, Newmont leverages advanced mining technologies such as autonomous drilling systems and AI-driven predictive maintenance to enhance operational efficiency and sustainability. The company sells its products primarily through direct industrial sales channels serving global mining industry buyers, metals trading platforms, semiconductor manufacturers, and the renewable energy sector. In the last two years, Newmont has undergone significant strategic transformation highlighted by its $16.8 billion acquisition of Newcrest Mining Limited in October 2023, creating the world’s leading gold company with enhanced copper production capacity. This merger expanded Newmont’s portfolio to include a majority share of Tier 1 assets and positioned it strongly in low-risk mining jurisdictions globally, generating substantial synergies and expected $2 billion in incremental cash flow from portfolio optimization. Additionally, Newmont completed a $4.6 billion divestiture program in 2025, including the sale of non-core assets like the Akyem operation in Ghana and the Porcupine operation in Canada, as well as equity holdings in Greatland Resources and Discovery Silver Corp. These moves have bolstered the company’s financial position, enabling focused investment in high-return projects, debt reduction, and shareholder returns. Newmont’s business model revolves around sustainable and responsible mining with a significant focus on environmental stewardship, social responsibility, and governance. It has committed to reducing greenhouse gas emissions by 30% by 2030 and achieving net-zero emissions by 2050. The company invests heavily in community development, innovation in mining technology, and safety protocols. Newmont reported 2024 revenues of $11.84 billion, with attributable gold production of over 5.5 million ounces and strong cash flow generation metrics supporting operational and capital expenditure efficiency. Its global operations and diversified product offerings place it among the top-tier producers in the mining industry. Overall, Newmont Corporation operates as an integrated mining enterprise focusing on the production and sale of precious and base metals, reinforced by strategic acquisitions, portfolio optimization, and a robust commitment to sustainability and operational excellence. This comprehensive profile incorporates core products and services along with major recent changes such as the Newcrest acquisition and 2025 divestiture program, reflecting Newmont’s industry leadership and strategic priorities.
Newmont beats quarterly profit estimates on strong gold prices
Storage and memory stocks lead S&P 500 gains in 2025
Copper set for tight market in 2026 and gold miners have more room to run, says UBS
Sintana Energy advances Challenger acquisition with court, TSXV approvals