MATERIALS & CONSUMABLE GOODS
Newmont
newmont.com
Updated Apr 30, 2026
Quality: 80/100
Strategic intent
Newmont is the world's largest gold mining corporation and also produces copper, silver, zinc, and lead, with a portfolio of assets and operations in North America, South America, Africa, Australia, and Papua New Guinea. [1, 5, 20, 23]
Key market signals
- 2026-04: Reported record quarterly free cash flow of $3.1 billion for Q1 2026. [3, 14]
- 2026-02: Announced a new $6 billion share repurchase authorization after completing a $2.4 billion program. [14]
- 2025-09: Announced that CEO Tom Palmer will step down at the end of 2025, to be succeeded by President and COO Natascha Viljoen, effective January 1, 2026. [31, 32, 34]
- 2025-07: Announced the resignation of CFO Karyn Ovelmen; Peter Wexler was named interim CFO. [24, 32]
- 2025-02: Completed the sale of several non-core assets as part of a portfolio optimization program aiming to generate up to $4.3 billion. [39, 44]
Financial health
- Q1 2026 Revenue: $7.31 billion. [4, 19]
- Q1 2026 Net Income: $3.3 billion. [3]
- Q1 2026 Adjusted Net Income: $3.2 billion. [3, 14]
Impact & compliance
No Modern Slavery Statement
Legal & risks
In Ghana, Newmont's Investment Agreement expired on December 31, 2025, leading to a corporate income tax rate increase from 32.5% to 35% and the implementation of a new 5% fixed royalty rate. [44] No other significant legal risks within the last 24 months were identified in the search results.
Classifications
Mining (100%)
🔒 Proprietary analysis
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