Newmont Corp

Strong Operational and Financial Performance: Newmont Corporation reported a record first-quarter production of 1.5 million ounces of gold and 35,000 tonnes of copper, generating $2 billion in cash flow from operations and $1.2 billion in free cash flow. This reflects a solid operational execution aligning with full-year guidance and highlights a favorable gold price environment.

Successful Completion of Divestment Program: The divestment of six non-core operations was finalized, yielding over $2.5 billion in after-tax cash proceeds in 2025. This strategic move strengthens Newmont's focus on its remaining high-quality assets, enhancing both operational efficiency and financial stability. Total proceeds combined with previous divestitures reach $3.2 billion.

Cash Management and Capital Allocation Strategy: The company maintains a robust cash balance of $4.7 billion, above its target average of $3 billion. Newmont plans to continue shareholder returns through predictable dividends ($0.25 per share for Q1) and share buybacks, with $755 million already repurchased in 2025, part of a $3 billion program.