NEM - Newmont Corp /de/

Company Overview

Name

Newmont Corp /de/

Tickers

NEM, NEMCL

Exchanges

NYSE, OTC

Employees

21700

Founded

1921

Sector Information

Other Information

CIK

1164727

Category

Large accelerated filer

1-Line Summary

Newmont Corporation is the world's leading gold producer, committed to sustainable and responsible mining.

Company summary

Newmont Corporation, established in 1921, is the world’s leading gold producer, with extensive mining operations and assets across several countries, including the United States, Canada, Mexico, and Australia. The company has proven and probable gold reserves of 135.9 million ounces and is also involved in the production of copper, silver, lead, and zinc. Newmont emphasizes sustainable and responsible mining to create value and improve lives, focusing on minimizing environmental impacts and enhancing community well-being.

Following its acquisition of Newcrest Mining Limited in November 2023, Newmont has reassessed its operating segments to enhance efficiency and management. The company's operations include 17 managed mines and various interests in joint ventures, reflecting a diverse portfolio of mining assets with varying ore grades. Newmont’s integrated approach combines advanced extraction technologies with rigorous environmental and social governance, positioning the company to capitalize on the growing demand for metals while navigating market volatility and regulatory challenges.

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