NEM News and Press, Newmont Mining Corporation From 07/26/23

The global transition to green energy has signaled the need for critical metals such as nickel and cobalt. Solar, wind and electric vehicle technology will require these metals in immense quantities to support worldwide climate change efforts for the next few decades. However, current supplies ...

2023-07-20 12:21:11 ET Newmont Corporation (NEM) Q2 2023 Earnings Conference Call July 20, 2023 11:00 AM ET Company Participants Tom Palmer - President & Chief Executive Officer Rob Atkinson - Chief Operating Officer Karyn Ovelmen - Chief Financial Officer ...

2023-07-20 11:50:40 ET Summary Newmont Corporation reported a softer Q2 than expected, with gold production down 17% YoY and all-in sustaining costs for its gold segment rising to $1,472/oz. Despite a challenging quarter, Newmont's future remains promising, especially if it can cl...

2023-07-20 09:25:20 ET Newmont ( NYSE: NEM ) -4% pre-market Thursday after missing expectations for Q2 adjusted earnings and revenues, hurt by lower production due to strikes in Mexico and wildfires in Canada as well as higher costs. Newmont ( NEM ) reported Q2 net p...

2023-07-20 07:05:24 ET Newmont press release ( NYSE: NEM ): Q2 Non-GAAP EPS of $0.33 misses by $0.14 . Revenue of $2.68B (-12.4% Y/Y) misses by $220M . Adjusted EBITDA of $910 million. Ended the quarter with $2.8 billion of consolidated cash, $374 mill...

Newmont Corporation (NYSE: NEM, TSX: NGT) (Newmont or the Company) today announced second quarter 2023 results and declared a second quarter dividend of $0.40 per share. Second Quarter Decisions Position Newmont for a Strong Second Half Performance Produced 1.24 million attributab...

2023-07-19 14:04:19 ET U.S. goldminer Newmont ( NYSE: NEM ) is scheduled to announce Q2 earnings results on Thursday, July 20th, before market open. The consensus EPS estimate is $0.47 and the consensus revenue estimate is $2.88 billion. Over the last 2 years, NEM ha...

2023-07-18 09:23:12 ET Newmont ( NYSE: NEM ) +0.9% pre-market Tuesday after saying the Canadian Competition Bureau issued a "no action" letter clearing its proposed acquisition of Newcrest Mining ( OTCPK:NCMGF ) ( OTCPK:NCMGY ) under Canadian competition law. New...

Newmont Corporation (NYSE: NEM, TSX: NGT) today announced that the Canadian Competition Bureau issued a “no action” letter clearing Newmont’s previously announced transaction with Newcrest Mining Limited (ASX, TSX, PNGX: NCM) under Canadian competition law. Newmont ...

2023-07-16 21:42:56 ET Summary Newmont's takeover of Newcrest Mining and higher-than-expected operating costs have led to investor disappointment during 2023. The weakening U.S. dollar and an unexpected rise in commodity inflation could support Newmont's gold/silver/copper operati...