[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  LongYield [@LongYield](/creator/twitter/LongYield) on x 4483 followers Created: 2025-07-25 12:21:49 UTC $NEM Newmont Corporation Earnings Call Key Highlights: (1/2) 🪖 Red Chris Incident and Safety Commitment On July 22, two fall-of-ground events at Red Chris in British Columbia trapped three workers in a refuge chamber. Communications were lost due to damage in the second collapse, prompting full suspension of operations. Emergency response protocols were immediately enacted, with ongoing efforts to safely regain access and reestablish communication. Rescue strategies include reentry via the decline and potential access through a ventilation shaft. Newmont is leveraging internal expertise and industry-wide support for a safe recovery. A full independent investigation will follow, and any lessons learned will be shared across the organization and broader mining community. Despite this active emergency, Newmont reiterated its unwavering commitment to safety as its top priority, reinforcing the Always Safe program and a culture of operational discipline. 📈 Strong Financial Performance and Cash Generation Achieved record quarterly free cash flow of $XXX billion in Q2 2025, driven by robust production, steady costs, and favorable metal prices. Operating cash flow was $XXX billion, including $XXX million in working capital benefit. Adjusted EBITDA reached $X billion and adjusted EPS was $1.43, bolstered by $XXXX from asset sale gains, $XXXX from equity investment gains, and partially offset by $XXXX in related tax adjustments. Gold all-in sustaining costs (AISC) were $1,593/oz on a co-product basis and $1,375/oz on a by-product basis. AISC from core managed operations was $1,276/oz by-product, indicating strong underlying cost discipline. Company to provide unit cost metrics under both co-product and by-product methodologies going forward for enhanced transparency and peer comparison. 💰 Capital Returns and Share Repurchase Program Returned over $X billion to shareholders in Q2 via dividends and share buybacks. $XXX million in buybacks were completed during the quarter, bringing 2025 total to $XXX billion. Announced a new $X billion share repurchase program, doubling the total authorization to $X billion, with $XXX billion executed since February 2024. Maintained quarterly dividend at $0.25/share for the eighth consecutive quarter, supporting Newmont’s consistent and shareholder-focused capital return strategy. Prioritization of internal capital allocation was reiterated; acquisitions are not under consideration. Free cash flow is being directed primarily to shareholder returns and debt reduction. 💎 Production and Operational Highlights Produced XXX million ounces of gold and XXXXXX tonnes of copper in Q2, remaining on track to meet full-year guidance. Core managed operations accounted for over XX% of free cash flow. Peñasquito exceeded gold expectations due to high-grade ore from the Peñasco pit; a shift to higher silver, lead, and zinc content is expected in H2. Cadia outperformed due to strong grades from PC2; however, production will decline in H2 as transition to new panel cave PC2-3 progresses. Lihir achieved stable output and showed early gains from operational improvements including drainage and haul road optimization, resulting in cost savings and improved mine access. 🏗️ Capital Expenditure Outlook and Project Execution Total 2025 CapEx remains within guidance; sustaining capital is now expected to be XX% weighted to H2 due to deferred work at Tanami, Lihir, Cadia, and Canadian sites during summer. Development capital is XX% H2 weighted, reflecting timing of execution at Ahafo North, Tanami Expansion X (TE2), and Cadia panel cave projects. Ahafo North commissioning has begun, with first gold expected soon and commercial production targeted for Q4 2025. Site construction is largely complete. At Tanami, the critical shaft raise bore is complete and pentice removed. Shaft equipping is underway and progressing to plan, significantly reducing project risk.  XXX engagements  **Related Topics** [nem](/topic/nem) [events](/topic/events) [quarterly earnings](/topic/quarterly-earnings) [$nem](/topic/$nem) [newmont corporation](/topic/newmont-corporation) [stocks basic materials](/topic/stocks-basic-materials) [Post Link](https://x.com/LongYield/status/1948720342005936268)
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LongYield @LongYield on x 4483 followers
Created: 2025-07-25 12:21:49 UTC
$NEM Newmont Corporation Earnings Call Key Highlights: (1/2)
🪖 Red Chris Incident and Safety Commitment
On July 22, two fall-of-ground events at Red Chris in British Columbia trapped three workers in a refuge chamber. Communications were lost due to damage in the second collapse, prompting full suspension of operations.
Emergency response protocols were immediately enacted, with ongoing efforts to safely regain access and reestablish communication. Rescue strategies include reentry via the decline and potential access through a ventilation shaft.
Newmont is leveraging internal expertise and industry-wide support for a safe recovery. A full independent investigation will follow, and any lessons learned will be shared across the organization and broader mining community.
Despite this active emergency, Newmont reiterated its unwavering commitment to safety as its top priority, reinforcing the Always Safe program and a culture of operational discipline.
📈 Strong Financial Performance and Cash Generation
Achieved record quarterly free cash flow of $XXX billion in Q2 2025, driven by robust production, steady costs, and favorable metal prices. Operating cash flow was $XXX billion, including $XXX million in working capital benefit.
Adjusted EBITDA reached $X billion and adjusted EPS was $1.43, bolstered by $XXXX from asset sale gains, $XXXX from equity investment gains, and partially offset by $XXXX in related tax adjustments.
Gold all-in sustaining costs (AISC) were $1,593/oz on a co-product basis and $1,375/oz on a by-product basis. AISC from core managed operations was $1,276/oz by-product, indicating strong underlying cost discipline.
Company to provide unit cost metrics under both co-product and by-product methodologies going forward for enhanced transparency and peer comparison.
💰 Capital Returns and Share Repurchase Program
Returned over $X billion to shareholders in Q2 via dividends and share buybacks. $XXX million in buybacks were completed during the quarter, bringing 2025 total to $XXX billion.
Announced a new $X billion share repurchase program, doubling the total authorization to $X billion, with $XXX billion executed since February 2024.
Maintained quarterly dividend at $0.25/share for the eighth consecutive quarter, supporting Newmont’s consistent and shareholder-focused capital return strategy.
Prioritization of internal capital allocation was reiterated; acquisitions are not under consideration. Free cash flow is being directed primarily to shareholder returns and debt reduction.
💎 Production and Operational Highlights
Produced XXX million ounces of gold and XXXXXX tonnes of copper in Q2, remaining on track to meet full-year guidance. Core managed operations accounted for over XX% of free cash flow.
Peñasquito exceeded gold expectations due to high-grade ore from the Peñasco pit; a shift to higher silver, lead, and zinc content is expected in H2.
Cadia outperformed due to strong grades from PC2; however, production will decline in H2 as transition to new panel cave PC2-3 progresses.
Lihir achieved stable output and showed early gains from operational improvements including drainage and haul road optimization, resulting in cost savings and improved mine access.
🏗️ Capital Expenditure Outlook and Project Execution
Total 2025 CapEx remains within guidance; sustaining capital is now expected to be XX% weighted to H2 due to deferred work at Tanami, Lihir, Cadia, and Canadian sites during summer.
Development capital is XX% H2 weighted, reflecting timing of execution at Ahafo North, Tanami Expansion X (TE2), and Cadia panel cave projects.
Ahafo North commissioning has begun, with first gold expected soon and commercial production targeted for Q4 2025. Site construction is largely complete.
At Tanami, the critical shaft raise bore is complete and pentice removed. Shaft equipping is underway and progressing to plan, significantly reducing project risk.
XXX engagements
Related Topics nem events quarterly earnings $nem newmont corporation stocks basic materials