AI English summary of an SEC filing — figures as filed
Newmont said it reported full-year 2024 net income of $3.4 billion, adjusted net income per diluted share of $3.48 and adjusted EBITDA of $8.7 billion. The average realized gold price for the year was $2,408 per ounce.
Key points
AI summaryNewmont said it reported full-year 2024 net income of $3.4 billion, adjusted net income per diluted share of $3.48 and adjusted EBITDA of $8.7 billion. The average realized gold price for the year was $2,408 per ounce.
The company said it generated 2024 operating cash flow of $6.3 billion, after working capital changes of $(1.0) billion, and free cash flow of $2.9 billion for the year, including Q4 of $1.6 billion.
The company said it could receive up to $4.3 billion in total proceeds from non-core asset and other investment sales, including up to $2.5 billion in cash, net of taxes and closing costs, expected in the first half of 2025. Telfer and Havieron closed in December 2024.
Newmont expects attributable gold production of about 5.9 million ounces in 2025, and an all-in sustaining cost (AISC) of $1,630 per ounce for the total portfolio, including production from non-core assets for Q1.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.
Newmont posts 2024 net income of $3.4 billion, adjusted EBITDA of $8.7 billion
Newmont said it reported full-year 2024 net income of $3.4 billion, adjusted net income per diluted share of $3.48 and adjusted EBITDA of $8.7 billion. The average realized gold price for the year was $2,408 per ounce.
Source · Based on the filing body and exhibits
Full-year operating cash flow of $6.3 billion, free cash flow of $2.9 billion
The company said it generated 2024 operating cash flow of $6.3 billion, after working capital changes of $(1.0) billion, and free cash flow of $2.9 billion for the year, including Q4 of $1.6 billion.
Source · Based on the filing body and exhibits
Non-core asset sales of up to $4.3 billion, cash of up to $2.5 billion
The company said it could receive up to $4.3 billion in total proceeds from non-core asset and other investment sales, including up to $2.5 billion in cash, net of taxes and closing costs, expected in the first half of 2025. Telfer and Havieron closed in December 2024.
Source · Based on the filing body and exhibits
2025 outlook: about 5.9 million ounces of gold, AISC of $1,630 per ounce
Newmont expects attributable gold production of about 5.9 million ounces in 2025, and an all-in sustaining cost (AISC) of $1,630 per ounce for the total portfolio, including production from non-core assets for Q1.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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