Core Insights - Newmont Corporation (NEM) reported a significant increase in third-quarter earnings, with earnings per share rising to $1.67 from 80 cents year-over-year, and adjusted earnings reaching $1.71, surpassing the Zacks Consensus Estimate of $1.29 [1][9] Financial Performance - Revenues for the third quarter were $5,524 million, reflecting a 20% increase from $4,605 million in the prior-year quarter, exceeding the Zacks Consensus Estimate of $4,973.8 million, driven by higher realized gold prices and reduced costs [2][9] - Cash and cash equivalents at the end of the quarter stood at $5,639 million, an 87% increase year-over-year, while long-term debt decreased by 31.4% to $5,180 million [5][9] Operational Highlights - Attributable gold production for the third quarter was 1.42 million ounces, down 4% from the previous quarter and 15% year-over-year, falling short of the estimate of 1.51 million ounces [3] - Average realized gold prices increased by approximately 40.5% year-over-year to $3,539 per ounce, exceeding the estimate of $3,357 per ounce [3] Cost Metrics - Costs applicable to sales (CAS) for gold were reported at $1,185 per ounce, a decrease of 1.8% year-over-year, although higher than the estimate of $1,035 per ounce [4] - All-in-sustaining costs (AISC) for gold decreased by around 2.8% year-over-year to $1,566 per ounce, which was lower than the estimate of $1,626 per ounce [4] Future Outlook - Newmont expects to maintain its gold production guidance for 2025 at approximately 5.9 million ounces, with total CAS projected at $1,200 per ounce and AISC at $1,630 per ounce, unchanged from previous guidance [6] - General and Administrative expenses guidance for 2025 has improved by $85 million due to cost savings, with additional improvements projected in reclamation and remediation accretion and exploration expenses [7] Stock Performance - Newmont's shares have increased by 87.3% over the past year, outperforming the industry average increase of 79.3% [8]

Market Overview - The U.S. stock market reached unprecedented highs on October 24, 2025, with all three major indexes setting new records due to a cooler-than-expected inflation report, strong corporate earnings, and easing global trade tensions [1][3][9] - The S&P 500 climbed approximately 0.9% to 1%, surpassing the 6,800-point mark for the first time, while the Dow Jones Industrial Average rose around 1.1% or 519 points, and the Nasdaq Composite advanced approximately 1.3% to 1.31% [2] Sector Performance - The technology and semiconductor sectors were significant contributors to the market gains, with companies like Advanced Micro Devices (AMD) surging approximately 6.5% and Intel (INTC) seeing shares rise between 1.2% and 3.8% due to strong demand driven by the AI boom [4][12] - Energy stocks also performed well, boosted by rising crude oil prices following new U.S. sanctions on major Russian oil producers [4] - Defensive sectors such as consumer staples, healthcare, and utilities experienced modest movements or slight declines, indicating a "risk-on" market sentiment [4] Company News - Ford Motor (F) shares increased by 11.1% after reporting stronger-than-expected profits [7] - Dow Inc. led the S&P 500 with a jump of over 12% after exceeding consensus estimates for adjusted operating EBITDA in Q3 [12] - HCA Healthcare (HCA) saw its shares rise over 4% after significantly surpassing Q3 earnings expectations [12] - Conversely, Newmont Mining (NEM) fell 4.3% despite reporting stronger-than-expected profits, and Deckers Outdoor (DECK) plunged 12.5% to 14% after providing a weaker-than-expected outlook [12]

Group 1: Market Performance - The Dow, S&P 500, and Nasdaq reached record highs in intraday trading due to strong corporate earnings and a cooler-than-expected inflation report [1][6] - Ford Motor shares surged after the company posted quarterly results that exceeded analysts' estimates, driven by strong demand for its commercial and fleet vehicles [1][6] Group 2: Company-Specific Developments - Advanced Micro Devices (AMD) shares increased after IBM reported it could run certain quantum computing algorithms on an AMD chip, leading to a rise in IBM shares as well [2] - Deckers Outdoor (DECK) shares fell significantly after the company provided a weaker-than-expected outlook, citing consumer pullback due to tariffs and higher prices [3][6] - Illinois Tool Works (ITW) shares declined after missing sales estimates and narrowing its guidance due to anticipated supply chain issues related to tariffs [4]

Group 1 - The stock market has reached record highs following a cooler Consumer Price Index (CPI) report, indicating a positive economic outlook [1] - Gold stocks have experienced a significant pullback, with major companies like Agnico-Eagle Mines, Gold Fields, Kinross Gold, DRD Gold, and Newmont facing declines as gold prices fell from their record highs [1] - Despite the downturn in gold stocks, Agnico-Eagle Mines has been recognized among top-rated stocks and earned a spot on investment lists, highlighting its potential as a strong investment opportunity [2][4] Group 2 - Clean energy stocks are outperforming fossil fuel stocks, even amidst backlash against Environmental, Social, and Governance (ESG) criteria, indicating a shift in investor sentiment towards sustainable investments [4] - Analysts are becoming increasingly bullish on specific stocks, including a data center play, suggesting potential growth opportunities in the tech sector [4] - The Russell 2000 index has led a pullback in the stock market, with gold stocks falling sharply, reflecting broader market volatility [4]

Core Insights - The article discusses the financial sector and highlights the author's extensive experience in journalism and reporting, particularly in the context of Canadian politics and economics [3]. Group 1 - The author has over a decade of experience in reporting, specifically within the financial sector since 2007 [3]. - The author's background includes covering both territorial and federal politics in Nunavut, Canada [3].

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive's content includes insights across various sectors such as biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]

Group 1 - Newmont Mining (NEM.US) experienced a decline of 6.8% [1] - Coeur Mining (CDE.US) saw a drop of 4.5% [1] - Other companies such as Kinross Gold (KGC.US), Gold Fields (GFI.US), Harmony Gold (HMY.US), and Barrick Gold (GOLD.US) all fell by over 2% [1]

Group 1 - International precious metals futures saw a general increase, with COMEX gold futures rising by 1.91% to $4143.2 per ounce and COMEX silver futures increasing by 2.03% to $48.65 per ounce, driven by geopolitical tensions and uncertainty in U.S. fiscal policy [1] - The scale of U.S. national debt has surpassed $38 trillion, further exacerbating market concerns and increasing demand for safe-haven assets like gold [1] - Gold prices have repeatedly set records this year, largely due to investors turning to safe-haven assets amid uncertainties related to U.S. tariff policies and escalating geopolitical tensions [1] Group 2 - Newmont Corporation, the world's largest gold producer, reported third-quarter profit data that exceeded Wall Street expectations, with record gold prices partially offsetting a decline in production [3] - For the three months ending September 30, the average gold price for Newmont was $3539 per ounce, up from $2518 per ounce a year earlier [3] - Despite the increase in average gold price, gold production fell by 15%, down to 1.42 million ounces, leading to a 2.5% decline in the company's stock price in after-hours trading following the earnings announcement [3]

Group 1 - The article emphasizes the importance of enabling Javascript and cookies in browsers to prevent access issues [1] - It highlights that users with ad-blockers may face restrictions when trying to access content [1]

Core Insights - Newmont Corporation reported a revenue of $5.52 billion for the quarter ended September 2025, marking a 20% increase year-over-year and exceeding the Zacks Consensus Estimate of $4.97 billion by 11.06% [1] - The company's earnings per share (EPS) reached $1.71, significantly up from $0.81 in the same quarter last year, and surpassed the consensus EPS estimate of $1.29 by 32.56% [1] Financial Performance - Newmont's stock has returned +4.2% over the past month, outperforming the Zacks S&P 500 composite's +0.2% change, and currently holds a Zacks Rank 1 (Strong Buy) [3] - Attributable gold production from Yanacocha was 152.00 Koz, exceeding the average estimate of 139.82 Koz [4] - Consolidated silver production was 7,000.00 Koz, slightly below the average estimate of 7,007.63 Koz [4] Geographic Revenue Breakdown - Nevada Gold Mines generated $893 million, surpassing the estimated $794.34 million, reflecting a year-over-year increase of 46.2% [4] - Peñasquito's revenue was $918 million, significantly higher than the estimated $633.57 million, representing a 93.3% year-over-year change [4] - Yanacocha's revenue reached $530 million, compared to the estimated $350.6 million, indicating a substantial increase of 140.9% year-over-year [4] - Cerro Negro reported $207 million in revenue, exceeding the estimated $176.03 million, with a year-over-year change of 38% [4] - Ahafo's revenue was $516 million, below the estimated $595.47 million, showing a decline of 6.4% year-over-year [4]