Newmont Corporation Announced Q1 2026 Earnings on April 23, 2026, Reporting "adjusted EBITDA of $5.2 billion".

In the first quarter of 2026, Newmont Corporation reported "adjusted EBITDA of $5.2 billion" and "adjusted net income of 2.90perdilutedshareforthequarter".Thecompanygenerated"3.8 billion in cash flow from operations after working capital" and a "record $3.1 billion of free cash flow". Gold "all-in sustaining costs were below our full year guidance at $1,029 per ounce for the first quarter on a byproduct basis".During the quarter, the company produced "1.3 million ounces of gold, 30,000 tonnes of copper and 9 million ounces of silver". Management addressed the "magnitude 4.5 earthquakes that occurred near the operation on April 14" at Cadia, noting there were "no injuries" and they "expect underground rehabilitation to be completed in the next 5 weeks, enabling return to 80% operating capacity" with "full recovery expected by the end of the second quarter". The company also authorized "another $6 billion share repurchase program" and continues to "engage constructively with our Nevada Gold Mines joint venture partner" following a notice of default.

Newmont is maintaining its "full year production guidance of 5.3 million ounces" and full year cost guidance.

For the second quarter, "production is expected to be slightly below the first quarter" and "All-in sustaining costs are expected to be notably higher in the second quarter" driven by the ramp-up in sustaining capital and "lower silver production than we saw in the first quarter as planned". Operations are expected to return "to normal levels beginning the third quarter".