Newmont

Newmont reported adjusted earnings of $2.20 per share in the third quarter, well above expectations, and a net profit of $2.5 billion. The realized gold price was $4,317 per ounce, $97 below the prior quarter, and production fell to 1.30 million ounces (-8%). Free cash flow rose to $1.9 billion, AISC were $1,454 per ounce; for 2026 Newmont confirms a production target of 5.3 million ounces but lowers its cost guidance to $1,520. Analysts are divided, while the current gold price of around $4,000 is below the planning assumption of $4,500 and could therefore put pressure on revenue and earnings going forward. » More on finanzen.net

Newmont reported adjusted earnings of $2.20 per share in the third quarter (expectation $1.95) and revenue of $6.36 billion. Free cash flow was $1.9 billion and cash on hand totaled $8.8 billion at quarter‑end. Production was about 1.3 million ounces of gold, and all‑in sustaining costs were $1,454 per ounce. After hours the stock rose about 1 percent. » More on deraktionaer.de

Gold and silver remain under pressure as US yields, the upcoming Fed meeting and the midterm elections make investors cautious. Newmont will publish third-quarter results on Thursday; the consensus is $1.95 earnings per share, so a weaker gold price is likely to weigh on the result. Attention focuses on whether Newmont confirms its production and cost guidance, in particular the AISC calculation of $1,680 per ounce for the current year. » More on deraktionaer.de

S&P Global Ratings has raised Newmont’s outlook from “stable” to “positive” and affirmed the long‑term issuer rating at BBB+. The decision was justified by a strengthened asset portfolio following the acquisition of Newcrest and subsequent divestitures, higher gold prices, debt reduction and a more conservative capital allocation strategy. S&P expects Newmont to keep the adjusted debt/EBITDA ratio below 0.5x in the coming years while continuing to fund dividends and share buybacks. » More on de.investing.com

Newmont Goldcorp stock dropped about 2.6% in premarket trading to $122.83 after a hawkish speech by Fed chair Kevin Warsh weighed on the price of gold and the outlook for rate hikes. Markets now see roughly a 57% chance of a rate increase in September, supporting a stronger dollar and pressure on gold stocks. Company-specific factors include an ex-dividend date on September 3 and the appointment of Peter Beaven to the board; operationally the company remains robust with a production guidance of 5.3 million ounces and a $6 billion buyback program. » More on de.investing.com