Newmont
Newmont Corporation is the world's largest gold mining company, operating 12 mines across Africa, Asia Pacific, North America, and Latin America to produce gold plus copper, silver, zinc, and lead byproducts for global commodity markets and investors under NYSE/ASX ticker NEM.
- Company typePublic
- Founded1921
- HeadquartersGreenwood Village, United States
- Headcount5,001–10,000
- GTM typeB2B
- OfferingServices
What Newmont does
Newmont Corporation is the world's largest gold mining company, operating a geographically diversified portfolio of 12 active mines across Africa (Ahafo North, Ahafo South in Ghana), Asia Pacific (Boddington, Cadia, Tanami in Australia; Lihir in Papua New Guinea), North America (Brucejack and Red Chris in Canada; the Nevada Gold Mines joint venture with Barrick Gold in the United States), and Latin America (Cerro Negro in Argentina, Merian in Suriname, Peñasquito in Mexico, Pueblo Viejo JV in the Dominican Republic, and Yanacocha in Peru). The company produces gold as its primary commodity alongside copper, silver, zinc, and lead byproducts, with 118.2 million ounces of gold mineral reserves and 12.5 million tonnes of copper reserves supporting a multi-decade reserve life.
The company sells its metal production into global commodity markets via direct relationships with exchanges (COMEX, LBMA), refiners, jewelers, electronics manufacturers, and industrial users, with pricing determined by spot markets rather than fixed contracts. Approximately 85% of revenue is derived from gold, with Q1 2026 production of 1.3 million attributable gold ounces at average realized prices of approximately $4,900 per ounce, supplemented by 30,000 tonnes of copper and 9 million ounces of silver in the same quarter. Capital is returned to shareholders through a $0.26 quarterly dividend ($1.1 billion 2026 target) and a $6 billion share repurchase authorization.
Newmont's operational technology backbone includes private 4G/5G networks (deployed with Ericsson at Boddington), autonomous haul truck and drill fleets, digital twins, AI-powered situational awareness cameras, and smart rock bolts for underground monitoring — a stack designed to keep workers out of high-risk zones and enable remote centralized supervision. The company is listed on the NYSE and ASX under ticker NEM, is headquartered in Denver, Colorado, and reported record full-year 2025 revenue of $22.7 billion alongside Q1 2026 revenue of $7.31 billion (+46% YoY) and record quarterly free cash flow of $3.1 billion.
Newmont firmographics
Firmographics- Name
- Newmont
- Legal name
- Newmont Corporation
- Website
- https://newmont.com
- Company type
- Public
- Founded year
- 1921
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Newmont Corporation is the world's largest gold mining company, operating 12 mines across Africa, Asia Pacific, North America, and Latin America to produce gold plus copper, silver, zinc, and lead byproducts for global commodity markets and investors under NYSE/ASX ticker NEM.
- Ownership category
- akta.pro rank
Newmont industry classification
Industry- Product category
- Gold Mining
- NAICS
- Gold Ore and Silver Ore Mining (21222), Gold Ore and Silver Ore Mining (212220), Copper, Nickel, Lead, and Zinc Mining (212230), Metal Service Centers and Other Metal Merchant Wholesalers (423510)
- SIC
- Gold And Silver Ores (1040), Metal Mining (1000), Wholesale-Metals & Minerals (No Petroleum) (5050)
- akta.pro primary industry
- Gold Mining (IMAKAEAA)
- akta.pro secondary industries
- Copper Ore Mining (Open-Pit & Underground) (IMAKADAB), Silver Mining (IMAKAEAB), Precious Metals Bullion & Concentrates Trading (Gold, Silver, PGM) (IMAKAJAD)
Keywords
Where Newmont is headquartered
LocationHeadquarters
- HQ city
- Greenwood Village
- HQ country
- United States
- HQ region
- North America
Offices5 records
Markets served
Newmont business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales
Revenue model
- Gold Production and Sales: Primary revenue stream from gold mining operations. Approximately 85% of revenues derived from gold. Q1 2026 production of 1.3 million attributable gold ounces at average realized prices of approximately $4,900 per ounce
- Copper Production and Sales: Significant copper byproduct production from gold mining operations, with 30,000 tonnes of copper produced in Q1 2026. Also produces zinc and lead as byproducts
- Silver Production and Sales: Silver byproduct production from mining operations, with 9 million ounces of silver produced in Q1 2026
- Royalties and Streaming: Investment in royalty and streaming companies including 13.32% stake in LunR Royalties Corp acquired through dividend-in-kind from Lundin Gold, plus investments in Gold Royalty Corp
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Gold commodity pricing - market determined |
| Subscription | Quarterly | Quarterly dividend distribution |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels6 records
Newmont product offering
Product offeringCore offering
Newmont is the world's largest gold mining company, operating 12 active mining sites across Africa, Asia Pacific, North America, and Latin America. The company produces gold (its primary product, ~85% of revenue) along with byproduct copper, silver, zinc, and lead, with 2025 mineral reserves of 118.2 million gold ounces and 12.5 million tonnes of copper. It sells these metals to commodity markets, refiners, jewelers, electronics manufacturers, and industrial users globally.
Product overview
Newmont Corporation is the world's leading gold mining company and a producer of copper, silver, zinc and lead. The company operates a geographically diversified portfolio of 12 active mines across Africa (Ahafo North, Ahafo South), Asia Pacific (Boddington, Cadia, Tanami, Lihir), North America (Brucejack, Red Chris, Nevada Gold Mines JV), and Latin America (Cerro Negro, Merian, Peñasquito, Pueblo Viejo JV, Yanacocha). The core product offering centers on gold production with 118.2 million ounces in proven and probable reserves, supplemented by significant copper reserves (12.5 million tonnes) and byproduct production of silver, zinc, and lead. Nevada Gold Mines, a joint venture with Barrick Gold (Newmont 38.5%), represents one of the world's largest gold complexes with over 3.3 million ounces of annual production.
Differentiator
Problem solved
Functional benefit
Products and services
- Gold Production
- Copper Production
- Silver, Zinc and Lead Production
Quantifiable outcome
- Record $3.1 billion quarterly free cash flow in Q1 2026
- +3 more outcomes
Companies that use Newmont
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles1 record
Newmont technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Newmont partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and minor.
- Imperial Metals CorporationcoreRed Chris Block Cave project joint venture partnership with Newmont holding 70% ownership and operating as operator. Imperial Metals holds 30% stake. Project received major regulatory approvals from British Columbia enabling transition from open-pit to underground block caving operations, extending mine life into mid-2040s.
- Tahltan NationcoreIndigenous consent-based partnership for Red Chris Block Cave project development. Collaboration achieved through consent-based process with the Tahltan Nation for regulatory approvals including amended Environmental Assessment Certificate and amended Mines Act permit.
- ACCIONAminorSpanish infrastructure firm commissioned to provide commissioning services for East Plant and West Plant water treatment facilities at Yanacocha mine in Peru under a 19-month contract. Scope includes developing commissioning management system, coordinating construction and start-up teams, verifying system functionality, and leading initial operational phases.
- Ericsson Enterprise Wireless SolutionscorePartnership to deploy private 4G/5G network at Newmont's Boddington gold mine in Western Australia. Network supports autonomous haul trucks, connected worker devices, AI-powered camera systems, digital twins, and smart rock bolts for underground monitoring, replacing unreliable Wi-Fi systems.
- Nevada Gold Mines (Barrick Gold)coreWorld's largest operational gold mine complex operated as joint venture between Barrick Gold (61.5%) and Newmont (38.5%). Nevada Gold Mines includes Carlin, Cortez, Turquoise Ridge operations and produces over 3.3 million ounces annually. Newmont receiving performance-related notices regarding NGM operations.
- Awalé ResourcesminorNewmont holds 8.9% interest and earn-in agreement supporting Awalé Resources' Odienné copper-gold project in northwest Côte d'Ivoire. Newmont's technical and financial backing enabled discovery of new near-surface gold zone at Fremen target returning 17 metres grading 1.9 grams gold per tonne from 6 metres depth.
Scale indicators15 records
Recent moves7 records
Expansion highlights6 records
Newmont competitors and assessment
Company assessmentDirect peers
- Barrick Gold: Barrick is the world's second-largest gold miner and Newmont's JV partner at Nevada Gold Mines (Barrick 61.5%, Newmont 38.5%). It competes head-to-head with Newmont on global gold production, reserve scale, and copper byproduct exposure.
- Agnico Eagle Mines: Agnico Eagle is a top-tier global gold producer with operations across Canada, Mexico, and Finland. It is directly comparable to Newmont on production scale, geographic diversification, and focus on senior, long-life gold assets.
- Freeport-McMoRan: Freeport-McMoRan is one of the world's largest copper miners with significant gold byproduct production. It is a close comparable to Newmont on copper exposure, large-scale open-pit and underground operations, and electrification-driven copper demand.
- AngloGold Ashanti: AngloGold Ashanti is a major global gold producer with operations across Africa, the Americas, and Australia. It is comparable to Newmont on geographic footprint, gold-only (with limited byproduct) production profile, and exposure to host-country mining risk.
- Gold Fields: Gold Fields is a major gold producer with operations in South Africa, Ghana, Australia, and the Americas. Comparable to Newmont on multi-jurisdictional gold production, ESG focus, and capital-return programs.
- Kinross Gold: Kinross Gold is a mid-to-large cap gold miner with operations in the Americas and West Africa. Comparable to Newmont on production scale, copper/gold byproduct profile at select assets, and exposure to emerging-market jurisdictions.
- Harmony Gold: Harmony Gold is one of the largest gold producers globally, primarily in South Africa, with growing exposure in Papua New Guinea and Australia. Comparable to Newmont on underground mining expertise, gold-focused portfolio, and emerging-market host-country risk.
- B2Gold: B2Gold is a mid-tier gold producer with operations in Africa, the Philippines, and Mali. Comparable to Newmont on production-led growth model, gold-only output profile, and exposure to West African mining jurisdictions (e.g., Ahafo).
Broad incumbents
- Franco-Nevada: Franco-Nevada is the world's largest precious-metals royalty and streaming company with significant gold exposure. While it does not operate mines, it is comparable to Newmont on gold-linked cash flow profile, capital-light exposure to mining, and ESG-driven institutional appeal.
- Wheaton Precious Metals: Wheaton Precious Metals is a leading precious-metals streaming company providing upfront financing in exchange for metal deliveries. Comparable to Newmont as a precious-metals exposure vehicle, though Wheaton's streaming model contrasts with Newmont's operating-asset model.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights6 records
Customer concentration
Newmont social profiles
Digital presenceNewmont financial estimates
Financial estimateRevenue estimate
Valuation estimate
Newmont leadership team
Management profileNumber of profiles
Profiles5 records
Newmont subsidiaries and ownership
Company hierarchySubsidiaries14 records
Newmont funding detail
Funding detailFunding overview
Funding rounds4 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Newmont M&A and investment
M&A and investmentM&A7 records
Investments6 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Newmont
What does Newmont do?
Newmont is the world's largest gold mining company, operating 12 active mining sites across Africa, Asia Pacific, North America, and Latin America. The company produces gold (its primary product, ~85% of revenue) along with byproduct copper, silver, zinc, and lead, with 2025 mineral reserves of 118.2 million gold ounces and 12.5 million tonnes of copper. It sells these metals to commodity markets, refiners, jewelers, electronics manufacturers, and industrial users globally.
Is Newmont a public or private company?
Newmont is a public company. It is classified as public and is currently operating.
When was Newmont founded?
Newmont was founded in 1921. It employs 5,001 to 10,000 people.
Where is Newmont based?
Newmont is headquartered in Greenwood Village, United States, in the North America region.
How does Newmont make money?
Four revenue lines are on record. Gold Production and Sales are the primary driver. The others are copper Production and Sales, silver Production and Sales and royalties and Streaming.
Who are Newmont's main competitors?
Direct peers on record are Barrick Gold, Agnico Eagle Mines, Freeport-McMoRan, AngloGold Ashanti, Gold Fields, Kinross Gold, Harmony Gold and B2Gold. Broad incumbents are Franco-Nevada and Wheaton Precious Metals.
Does Newmont have an API?
No public API is recorded for Newmont.
What industry is Newmont in?
Newmont's product category is Gold Mining. Its primary akta.pro industry code is IMAKAEAA, Gold Mining, with a secondary code of IMAKADAB, Copper Ore Mining (Open-Pit & Underground). Its NAICS code is 21222 and its SIC code is 1040.