Newmont (NEM) Tops Q2 EPS by 20c, Revenues Miss

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Go back to Newmont (NEM) Tops Q2 EPS by 20c, Revenues Miss

Newmont Announces Solid Second Quarter 2020 Results

July 30, 2020 6:30 AM EDT

Company's second quarter results highlight resilient operating model and significant leverage to rising gold prices from diversified portfolio of world-class assets

DENVER--(BUSINESS WIRE)-- Newmont Corporation (NYSE: NEM, TSX: NGT) (Newmont or the Company) today announced second quarter 2020 results.

SECOND QUARTER 2020 HIGHLIGHTS

Produced 1.3 million attributable ounces of gold* and reported CAS* of $748 per ounce and AISC* of $1,097 per ounce and produced 138 thousand attributable gold equivalent ounces from co-products Generated $668 million of cash from continuing operations and $388 million of Free Cash Flow* while safely... More