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 17wholly 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 5.5 million ounces of gold in 2024 from its core mines and 6.8 million in total. It 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 goldreserves along with significant byproduct reserves at the end of December 2023.

$43.6B

Market Cap • 12/24/2024

1921

(103 years)
Founded

1951

(73 years ago)
IPO

NYSE

Listing Exchange
Flag of US

Denver

Headquarters • Colorado

S&P500 Participant

Index Composite • 2024

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