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Newmont’s $1.95 Billion Nevada Payment — Can Its Cash Flow Absorb The Hit?

Newmont Corporation reported third-quarter 2026 results characterized by solid operational performance and sustained financial strength, balanced with some emerging cost pressures and external risks. The company produced approximately 1.3 million attributable gold ounces during the quarter, maintaining a stable production level from the prior period. Alongside gold output, Newmont also reported increased production of copper (23 thousand tonnes, a 35% rise) and silver (11 million ounces, up 57%), largely driven by operational recoveries and productivity improvements at key sites such as Cadia, Brucejack, and Peñasquito. These operational gains were somewhat offset by lower output at Lihir, Boddington, and Yanacocha due to planned maintenance and mine sequencing. Financial metrics reflected this production profile, with Newmont generating $2.5 billion in net income attributable to stockholders, an increase of $0.3 billion from the prior quarter, and adjusted net income of $2.3 billion or $2.20 per diluted share.