NYSE:NEMMetals and Mining
Newmont Outlook Flags Rising Costs And Lower Output Behind Share Price Surge
Newmont (NYSE:NEM) has updated its 2025 to 2026 gold production and cost outlook, flagging lower output and higher unit costs.
The company expects reduced production as several mines transition and as some key operations deliver weaker performance.
Guidance for 2026 points to higher production costs, linked to lower sales volumes, increased royalties and taxes, and deferred sustaining capital.
For shareholders watching Newmont at a share price of $119.01, this operational update adds an...