Newmont Reports Strong Q1 Earnings, Reaffirms Full-Year Guidance
Newmont Corporation (NYSE:NEM), the world's largest publicly listed gold producer, reported robust first-quarter 2025 earnings following the conclusion of the year-long portfolio optimization effort. The company posted a net income of $1.9 billion and adjusted EBITDA of $2.6 billion, significantly surpassing the prior year's performance. Adjusted net income was $1.25 per share, aligning with analysts' expectations. Cost-wise, the company saw Gold All-In Sustaining Costs rise to $1,651 per ounce,