Newmont completed the sale of CC&V, Musselwhite, and Éléonore in Q1 2025 and completed the sale of Akyem and Porcupine on April 15, 2025 for total pre-tax cash proceeds of $1,088, net of working capital adjustments. For the 3 months ended 2025, a gain of $276 was recognized within (Gain) loss on sale of assets held for sale.

10-QQuarterly reportFiled Apr 24, 2025Period of report Mar 31, 2025Summary published (UTC) Oct 11, 2026

Key points

AI summary

Newmont completed the sale of CC&V, Musselwhite, and Éléonore in Q1 2025 and completed the sale of Akyem and Porcupine on April 15, 2025 for total pre-tax cash proceeds of $1,088, net of working capital adjustments. For the 3 months ended 2025, a gain of $276 was recognized within (Gain) loss on sale of assets held for sale.
The company cited an increase in Sales resulting from higher average realized gold prices, a net gain recognized within (Gain) loss on sale of assets held for sale, and an increase in unrealized gains on the change in fair value of investments and options as factors in the increase in Net income from continuing operations attributable to Newmont stockholders for the 3 months ended March 31, 2025, partially offset by an increase in income tax expense. Income and mining tax expense was $647 for the period, compared to $260 in the prior year.
Newmont said it fully redeemed the 2026 Senior Notes in February 2025 for $957, with a loss on redemption of $13. Interest expense, net of capitalized interest, was $79 for Q1 2025, compared to $93 in the prior year.
The company said the Board of Directors authorized an additional $2 billion stock repurchase program in October 2024, which will expire after 24 months in October 2026. Through the date of filing, Newmont executed and settled total trades of common stock repurchases under the previously authorized programs of $2,001, of which $348 was repurchased during Q1 2025.

Key figures

Quarter ended March 31, 2025

Revenue: $5.0B
Net income: $1.9B
EPS: $1.68
Operating cash flow: $2.0B

From the XBRL financial data filed with the SEC · not processed by AI.

Summary

AI-written

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

Completion of Asset Divestitures and Gains and Losses on Divestitures

Newmont completed the sale of CC&V, Musselwhite, and Éléonore in Q1 2025 and completed the sale of Akyem and Porcupine on April 15, 2025 for total pre-tax cash proceeds of $1,088, net of working capital adjustments. For the 3 months ended 2025, a gain of $276 was recognized within (Gain) loss on sale of assets held for sale.

Source · Based on the MD&A text of the filing

Increase in Net Income from Continuing Operations and Income Tax Expense

The company cited an increase in Sales resulting from higher average realized gold prices, a net gain recognized within (Gain) loss on sale of assets held for sale, and an increase in unrealized gains on the change in fair value of investments and options as factors in the increase in Net income from continuing operations attributable to Newmont stockholders for the 3 months ended March 31, 2025, partially offset by an increase in income tax expense. Income and mining tax expense was $647 for the period, compared to $260 in the prior year.

Source · Based on the MD&A text of the filing

Redemption of 2026 Senior Notes and Interest Expense

Newmont said it fully redeemed the 2026 Senior Notes in February 2025 for $957, with a loss on redemption of $13. Interest expense, net of capitalized interest, was $79 for Q1 2025, compared to $93 in the prior year.

Source · Based on the MD&A text of the filing

Authorization and Execution of Share Repurchase Program

The company said the Board of Directors authorized an additional $2 billion stock repurchase program in October 2024, which will expire after 24 months in October 2026. Through the date of filing, Newmont executed and settled total trades of common stock repurchases under the previously authorized programs of $2,001, of which $348 was repurchased during Q1 2025.

Source · Based on the MD&A text of the filing

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.

View the original filing on SEC EDGAR ↗

Unauthorized scraping, data storage and database creation prohibited

Without prior written consent, you must not crawl or scrape data compiled and organized by Chickstock or its analysis and summaries, or collect them repeatedly or in bulk for storage, ingestion or database creation. Repurposing, redistribution, sale and use to build other services are also prohibited.

Unauthorized use may result in access restrictions, demands to stop infringement and delete copies, and claims for damages. Violations of applicable law may also give rise to criminal liability.

Uses permitted by law, the Terms of Service or a separate agreement remain subject to their respective scope. Rights in individual source materials, including original filings, remain with their respective rights holders.