NEM / Earnings Miss of the Week: Newmont Shares Tumble as Production Falls Short of Expectations

(Kitco News) - Newmont (NYSE: NEM) (TSX: NGT), the world's largest gold producer, announced today that its Q3 2023 attributable gold production decrea more_horizontal

Newmont Corporation on Thursday reported third-quarter 2023 adjusted earnings per share (EPS) of $0.36, missing the analyst consensus estimate of $0. more_horizontal

Newmont (NEM) is likely to have benefited from improved production and lower costs in Q3 amid headwinds from weaker gold prices. more_horizontal

The agreement specifies that Newmont (NEM) will not pay any additional incremental profit sharing for 2022. more_horizontal

Newmont (NEM) shareholders overwhelmingly approve the acquisition of Newcrest, creating a world-class portfolio of gold and copper assets. more_horizontal

Gold mining stocks, often seen as a safe harbor during turbulent times, are now positioned at a fascinating crossroads. The Federal Reserve's steely d more_horizontal

How big is Awalé's Odienné project likely to become? Hard to say for sure at this point, until more work is done on the ground in Côte d'Ivoire. more_horizontal

Newmont Corporation (NYSE:NEM ) 2023 Gold Forum Americas Conference September 19, 2023 1:10 PM ET Company Participants Tom Palmer - President, Chief E more_horizontal