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Newmont Corp NEM

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Morningstar’s Analysis

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Company Profile

Business Description

Newmont is the world's largest gold producer. In 2020, the company produced 5.9 million attributable ounces of gold and over 1 million attributable gold equivalent ounces from the sale of byproducts. On a long-term basis, the company expects to produce 6.5 to 7 million ounces of annual gold production while driving all-in sustaining costs down to $800 per $900 per ounce. In comparison, 2020 AISC was $1,045 per ounce.

Contact
6900 E Layton Avenue, Suite 700
Denver, CO, 80237
T +1 303 863-7414
Sector Basic Materials
Industry Gold
Most Recent Earnings Sep 30, 2021
Fiscal Year End Dec 31, 2021
Stock Type Hard Assets
Employees 14,300

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