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Newmont Corp(NGT-T)
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Newmont Corp

6900 E Layton Avenue
Suite 700
Denver CO 80237 USA
P: 303-863-7414
F: 303-837-5837
https://www.newmont.com

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Profile

Newmont is the world's largest gold miner. It bought Goldcorp in 2019, combined its Nevada mines in a joint venture with competitor Barrick later that year, and also purchased competitor Newcrest in November 2023. Its portfolio includes 17 wholly or majority owned mines and interests in two joint ventures in the Americas, Africa, Australia and Papua New Guinea. The company is expected to produce roughly 6.9 million ounces of gold in 2024. However, after buying Newcrest, Newmont is likely to sell a number of its higher cost, smaller mines accounting for 20% of forecast sales in 2024. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts. It had about two decades of gold reserves along with significant byproduct reserves at end December 2023.

Key Executives

NameTitle
Thomas Ronald PalmerCEO/Director/President

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