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0.000198729058347805 -0.000808781051415288 -0.000173310225303135 0.000866551126516497 0.00421721548238023 0.00369728480647033 0.00664355863662626 0.00762564991334501
Stock impact report

Can Newmont's Tier-1 Pivot Stem Its Ongoing Production Declines? [Yahoo! Finance Canada]

Newmont Corporation (NEM) 
Last newmont corporation earnings: 2/20 06:55 am Check Earnings Report
2025, largely linked to its strategic divestment of non-core assets. The move, aimed at sharpening focus on Tier-1 operations, weighed on production. The company reported a roughly 15% year-over-year and 4% sequential decline in gold production for the quarter, reaching 1.42 million ounces. This marked the third straight quarter of sequential production decline. Newmont continues to anticipate gold production for 2025 at about 5.9 million ounces. For the fourth quarter, the company expects attributable production from the total Tier 1 portfolio to be relatively in line with the third quarter, as new ounces from Ahafo North and higher output from the Nevada Gold Mines are expected to be offset by lower leach production at Yanacocha as mining concludes in the fourth quarter and reduced grades at Ahafo South. For the ongoing quarter, Newmont expects production of 1.415 million ounces, indicating a roughly 25% year-over-year decline. Newmont's transition to a high-quality, Tier-1 port Show less Read more
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