Report

Newmont Corporation - The full Newmonty

Fourth quarter production and costs were closely in line with our expectations, after Newmont’s mines in Africa made up for some continuing low-level coronavirus-induced disruptions at its operations in North and South America, in particular. Notwithstanding these disruptions, earnings for the full year outperformed our expectations by 6.6%, net debt declined by US$687m since end-Q3 and a generous quarterly dividend distribution of US$0.55/share was announced.
Underlying
Newmont Corporation

Newmont is primarily a gold producer with operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia and Ghana. The company is also engaged in the production of copper, silver, lead and zinc. The company's operations are organized in five geographic regions; North America, South America, Australia, Africa and Nevada.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

.

Analysts
Alison Turner

Other Reports on these Companies
Other Reports from Edison Investment Research

ResearchPool Subscriptions

Get the most out of your insights

Get in touch