Highlights

  • Newmont produced approximately 1.3M attributable gold ounces during the third quarter of 2026.
  • Adjusted Net Income reached US$2.3B while Operating Cash Flow totalled US$2.8B.
  • The company generated US$1.9B in free cash flow and declared a US$0.26 quarterly dividend.
  • Newmont maintained full-year gold production guidance of 5.3M ounces and improved its cost outlook.

Newmont Corporation (ASX:NEM) is in focus following developments spanning gold output supports annual guidance and Earnings and cash generation strengthen. The company’s latest reporting and announcements provide the operating context for its next milestones. Shares closed at AUD 154.38 on 3 November 2026, a 1.23% change for the session, with Market Capitalisation of approximately AUD 11.75B. The developments and market figures describe different aspects of the Business and do not establish a direct cause for the day’s price movement.

Gold Output Supports Annual Guidance

Newmont produced approximately 1.3M attributable ounces of gold in the third quarter of 2026 and said it remained on track for full-year guidance of 5.3M attributable ounces. Its operating portfolio also produced 11M ounces of silver and 23kt of copper, primarily from managed operations. The company maintained its annual production outlook while updating cost expectations.

The third-quarter figures included approximately 1.3M attributable gold ounces, 11M ounces of silver and 23kt of copper. Newmont retained 2026 attributable gold production guidance of approximately 5.3M ounces while improving its cost outlook. Gold by-product costs applicable to sales were US$832 per ounce and all-in sustaining costs were US$1,454 per ounce for the quarter, with the full-year expectations revised to US$925 and US$1,520 respectively.

Earnings and Cash Generation Strengthen

The quarter delivered reported net income of US$2.5B and adjusted net income of US$2.3B, equivalent to US$2.20 per diluted share. Adjusted EBITDA was US$4B. Cash from Operating Activities totalled US$2.8B and free cash flow reached US$1.9B, providing a financial counterpart to the production figures.

Newmont ended September with US$8.8B in cash and US$12.8B in total liquidity, including available Credit facilities. The company also described a US$3.2B net cash position. Its Red Chris Block Cave project was advancing towards a potential full-funds Investment decision in early 2027, subject to feasibility-study completion and governance review. Tanami Expansion 2 had completed shaft construction, with commercial production expected during the first half of 2027.

Costs and Shareholder Returns

Newmont reported gold by-product costs applicable to sales of US$832 per ounce and all-in sustaining costs of US$1,454 per ounce. It improved full-year guidance for those measures to US$925 and US$1,520 per ounce respectively. Since the preceding earnings call, it returned US$1.9B to shareholders through dividends and repurchases and declared a US$0.26 quarterly dividend.

Red Chris and the Next Reporting Period

The company’s October earnings release also included an update on the Red Chris block cave project. Its immediate focus remains delivery against full-year production guidance, cost management and execution of development plans. The disclosed production, earnings and cash figures describe completed third-quarter performance; the full-year targets remain forward-looking.