Newmont Corporation (NEM)

Newmont's stock has increased significantly over the past six months, outperforming both gold prices and the S&P 500. Strong Q2 2025 results, driven by a rise in the average realized price of gold, led to a stock price jump. The announcement of CEO Tom Palmer's departure and Natascha Viljoen's succession also impacted the stock. Newmont has been divesting non-core assets, including shares in Greatland Resources Limited and Discovery Silver Corp, and its stream credit and offtake agreements for the Fruta del Norte gold mine. The company achieved its first gold pour at the Ahafo North Project in Ghana.

The demand for gold is influenced by macroeconomic factors rather than strict seasonality, acting as a safe haven asset during economic uncertainty. Demand for copper is linked to industrial applications, suggesting consistent demand driven by technological and infrastructural growth. While Newmont's gold production may be weighted towards certain halves of the year, this reflects production scheduling rather than market demand seasonality.

Newmont Corporation is the world's leading gold company, operating within the Basic Materials sector and the Gold mining industry. In addition to gold, Newmont mines and sells copper, silver, zinc, and lead, offering refined gold bullion and metal concentrates.

Newmont has a significant global presence with operations and assets across multiple continents, including North America, South America, Australia, and Africa. The company's portfolio includes 17 wholly or majority-owned mines and interests in two joint ventures.

Newmont is recognized for its ESG practices and has been ranked as a top gold miner in the Dow Jones Sustainability Index for nine consecutive years, demonstrating its commitment to sustainable and responsible mining. No specific negative events impacting Newmont's brand reputation were found in the provided search results.

Newmont Corporation's ownership is primarily institutional, with approximately 64.80% of the company's stock held by institutional investors such as Vanguard Group Inc., BlackRock, Inc., and State Street Corp. Individual investors and public companies hold approximately 35.09% of the stock, while insiders own about 0.10%.