Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Newmont Corporation (N:NEM)

Business Focus: Gold Mining

Sector:  Basic Materials Industry:  Gold
 
See Regulatory Filings on SEC
Company Contact
Address: 6900 E Layton Avenue, Suite 700
DENVER CO 80237
Tel: N/A
Website: https://newmont.com
IR: See website
Key People
Thomas Palmer
President, Chief Executive Officer, Director
Peter Wexler
Chief Legal Officer
Karyn F. Ovelmen
Chief Financial Officer, Executive Vice President
Natascha Viljoen
Chief Operating Officer, Executive Vice President
Jennifer Cmil
Chief Human Resource Officer, Executive Vice President
Dean Gehring
Executive Vice President, Interim Chief Technology Officer, Chief Integration Officer
Robert Atkinson
Executive Vice President
Suzanne Retallack
Executive Vice President, Chief Safety and Sustainability Officer, and Executive, Australia
Peter Ivan Toth
Executive Vice President, Chief Development Officer
Joshua L. Cage
Chief Accounting Officer, Controller
   
Business Overview
Newmont Corporation is a gold company and a producer of copper, zinc, lead, and silver. The Company's portfolio of assets and prospects is anchored in mining jurisdictions in Africa, Australia, Latin America & Caribbean, North America, and Papua New Guinea. Its African operations include Ahafo and Akyem. Its Australian operations include Boddington, Cadia, Tanami and Telfer. Its Latin America and Caribbean (LATAC) operations include Cerro Negro, Merian, Penasquito, Pueblo Viejo JV and Yanacocha. Its North American projects include Brucejack, Cripple Creek & Victor, Eleonore, Musselwhite, Nevada Gold Mines JV, Porcupine and Red Chris. Its Papua New Guinea projects include Lihir. Its Ahafo mine is located in the Ahafo region, approximately 290 kilometers (km) northwest of Accra, Ghana. Boddington is located 130 km southeast of Perth in Western Australia and its project area comprises over 52,506 acres (21,249 hectares) of mining tenure leased from the State of Western Australia.
Financial Overview
For the fiscal year ended 31 December 2023, Newmont Corporation revenues decreased 1% to $11.81B. Net loss before extraordinary items increased from $459M to $2.52B. Revenues reflect Penasquito segment decrease of 59% to $901M, Akyem segment decrease of 23% to $574M, United Kingdom (Country) segment decrease of 8% to $7.64B, South Korea segment decrease of 32% to $975M.