Newmont(US:NEM)2025-07-24 21:30Financial Performance - The company generated free cash flow of $1.7 billion[11] - The company returned $1.0 billion to shareholders and retired $372 million of debt[13] - Q2 2025 cash from operations was $2.4 billion[21] - Adjusted EBITDA was $3.0 billion[21] - The average realized gold price was $3,320 per ounce[21] - The company approved an additional $3.0 billion share repurchase program, bringing the total authorization to $6.0 billion[13] Operational Highlights - The company delivered 1.5 million ounces of gold and 36kt of copper[11] - Attributable gold production from core managed operations was 1,124Koz[15] - Attributable gold production from core non-managed operations was 340Koz[15] - The company remains on track to achieve full-year guidance from February 2025[15] 2025 Guidance - The company expects gold production of 5.6 million ounces (+/- 5%)[18] - The company expects gold CAS of $1,180 per ounce[18] - The company expects gold AISC of $1,620 per ounce[18] - The company expects sustaining capital of $1.8 billion[18] - The company expects development capital of $1.3 billion[18] Non-Core Asset Divestiture - The company completed its non-core divestiture program, generating up to $3.8 billion in total gross proceeds, including over $3.0 billion in cash[41] Red Chris Incident - On July 22, 2025, two fall of ground incidents occurred at the Red Chris project in British Columbia, Canada, leading to a suspension of operations[5]