Newmont's Q2 Output Falls: Can Tier-1 Mines Deliver a Stronger 2H?

Key Takeaways Newmont Corporation (NEM) reported a decline in gold production for the second quarter of 2025, largely linked to its strategic divestment of non-core assets. The move, aimed at sharpening focus on Tier-1 operations, weighed on production. NEM reported a roughly 8% year-over-year and 4% sequential decline in gold production for the second quarter, reaching 1.48 million ounces. This marked the second straight quarter of sequential production decline and the lowest output since the third quarter ...