Newmont Mining Stock News

The gold producer posted a third-quarter profit of $2.48 billion, up from $1.83 billion a year earlier.

Despite ongoing headwinds, the world's largest gold producer reported stronger-than-expected third-quarter earnings Thursday, as higher gold sales volumes and elevated metal prices helped boost profitability and cash flow.

Newmont beat analysts' third-quarter profit estimates ​on Thursday, as the world's ‌biggest gold miner benefited from higher prices of the metal.

DENVER--(BUSINESS WIRE)--Newmont Corporation (NYSE: NEM, ASX: NEM, PNGX: NEM) (Newmont or the Company) today announced third quarter 2026 results and declared a dividend of $0.261 per share. "Newmont remains on track to achieve our full-year 2026 production guidance and improved full-year cost outlook, supported by disciplined operational execution in the third quarter, demonstrating the streng...

Gold's retreat is exposing an uncomfortable trade-off – rising oil prices fuel inflation, but they also strengthen the case for higher interest rates, undermining demand for non-yielding bullion. Spot gold is down roughly 0.5% to $4,120 an ounce as of writing on October 20 as investors await Federal Reserve's meeting next week.

Newmont Corporation (NYSE:NEM, TSX:NGT, ASX:NEM, XETRA:NMM) remains UBS's preferred large-cap gold miner, with the bank citing clarity on capital returns and a path to growing production per share. The key overhang on Newmont's investment case, a potential large payment to Barrick to equalize ownership of the Fourmile project in their Nevada joint venture, was resolved in August, the analysts n...

Miners like Southern Copper and Newmont lead this screen of stocks to watch in or near buy range alongside UBS, Garmin and more.