Form 10-Q · Quarterly report
Newmont 10-Q, filed Jul 23, 2026
- Filed
- CIK
- 0001164727
- Accession no.
- 0001164727-26-000036
Summary
Newmont reported second-quarter 2026 net income attributable to stockholders of $2.20 billion, or $2.06 per diluted share, up from $2.06 billion a year earlier, helped by higher realized gold and silver prices. The company also disclosed that it notified Barrick Mining Corporation of evidence of mismanagement at their Nevada Gold Mines joint venture and sent a notice of default on February 3, 2026, and that its Ghanaian tax and royalty terms changed after its Revised Investment Agreement expired on December 31, 2025.
Key points
- Net income attributable to Newmont stockholders was $2.20 billion for the three months ended June 30, 2026, versus $2.06 billion a year earlier; six-month net income rose to $5.46 billion from $3.95 billion.
- Gold sales rose to $5.28 billion from $4.58 billion, and silver sales rose to $344 million from $191 million, while copper sales fell to $319 million from $360 million.
- Newmont informed Barrick and the Nevada Gold Mines board on January 26, 2026 that it had identified evidence of mismanagement there, including diversion of resources to Barrick's wholly-owned Fourmile property, and exercised inspection and audit rights.
- Operations at Cadia were temporarily suspended following seismic activity recorded near the mine on April 14, 2026, and Ghana's parliament enacted a sliding-scale gold royalty of 5% to 12% effective early March 2026 and cut the Growth and Sustainability Levy to 1% from April 1, 2026.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
ITEM 2. MANAGEMENT’S DISCUSSION Overview Newmont is the world’s leading gold company and a producer of copper, silver, lead, zinc, and molybdenum, providing the metals the world needs for today and tomorrow. Newmont is the only gold company included in the S&P 500 Index and the Fortune 500 list of companies. We have been included in the Dow Jones Sustainability Index-World since 2007 and have adopted the World Gold Council’s Conflict-Free Gold Policy. Since 2015, Newmont has been included as a member in the Sustainability Yearbook published by the S&P Global Corporate Sustainability Assessment. …
An excerpt of the text as filed with the SEC, cut for length.
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