Newmont Q1 Earnings: Gold Boom Masks Production Problems

Gold may have taken a bit of a beating in the spot markets on Wednesday following some much-needed stability returning to the capital markets, but it doesn’t seem to have phased the world’s largest gold miner.

Posting record free cash flow in your first quarter financial results however does help things a bit. And so does providing a billion dollars worth of total returns to shareholders in the form of stock buybacks and dividends.

So how did Newmont (TSX: NGT) do?

Lets dive in.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

When 4% of Global Copper Disappears Overnight | David Gower – Emerita Resources

Mining M&A: Gold X2 Acquires Kesselrun Resources

They Said Oil Was Dead. They Were Wrong. | Michael Judson – Record Resources

Recommended

Steadright Enters MOU To Acquire Historic Goundafa Polymetallic Mine In Morocco

Military Seizes Power in Madagascar After President Flees

Related News

Newmont Slumps After Announcing Revised $16.9 Billion Deal To Acquire Newcrest

Colorado-based gold producer Newmont Corp (NYSE: NEM) announced a $16.9 billion bid for Australian miner...

Monday, February 6, 2023, 07:35:44 AM

Newcrest Takes Newmont’s “Best And Final” $19.2 Billion Acquisition Bid

Australian gold miner Newcrest Mining (TSX: NCM) said on Monday it would back Newmont Corp’s...

Monday, May 15, 2023, 06:10:00 AM

Newmont Completes $4 Billion Asset Divesture Program

While junior explorers and developers have rushed over the last twelve months to secure a...

Saturday, April 19, 2025, 01:31:00 PM

Newmont Q2 Earnings: Setting The Tone For This Earnings Cycle

Earnings season is back, and the mining segment has received a kick start to the...

Saturday, August 9, 2025, 11:34:00 AM

Newmont Sells Eleonore Mine To Private UK-Based Firm For $795 Million

Newmont Corp (TSX: NGT) has entered into an arrangement to sell off another gold asset...

Monday, November 25, 2024, 09:49:46 AM