---
schema_version: "secwatch.filing_event.v1"
accession: "0001164727-24-000025"
form_type: "8-K"
ticker: "NEM"
cik: "0001164727"
company_name: "NEWMONT Corp /DE/"
filed_at: "2024-04-25T23:59:59+00:00"
generated_at: "2026-06-03T07:32:32.157003+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Newmont Q1 net income $179M, gold output 1.7M oz; declares $0.25 dividend

## Summary
- Produced 1.7M attributable gold oz and 489K gold-equivalent oz from copper, silver, lead, zinc.
- Gold AISC $1,439/oz; Tier 1 portfolio AISC $1,378/oz.
- Cash from operations $776M; Free Cash Flow $217M excluding $228M stamp duty on Newcrest deal.
- Non-cash impairment of $485M on six non-core assets and one project classified as held for sale.
- Refinanced ~$2B of Newcrest-acquired debt; targeting $1B debt reduction; synergies $105M to date.

## SEC filing metadata
- accession: 0001164727-24-000025
- form_type: 8-K
- ticker: NEM
- cik: 0001164727
- company_name: NEWMONT Corp /DE/
- filed_at: 2024-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1164727/000116472724000025/0001164727-24-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1164727/000116472724000025/nem-20240425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001164727-24-000025
- JSON: https://secwatch.observer/filing/0001164727-24-000025.json
- Plain text: https://secwatch.observer/filing/0001164727-24-000025.txt

## Key facts
- Earnings Releases
  NEWMONT Corp /DE/ reported first quarter ended March 31, 2024 results: net income Reported Net Income of $179 million, EPS Adjusted Net Income (ANI) of $0.55 per share. Guidance reaffirmed.
  - Period: first quarter ended March 31, 2024
  - Net income: Reported Net Income of $179 million
  - EPS: Adjusted Net Income (ANI) of $0.55 per share
  - Guidance: reaffirmed
  - Result: reported results
  source text: excluding the stamp duty payment in connection with the Newcrest transaction, Newmont generated Free Cash Flow of $217 million 5 ▪ Reported Net Income of $179 million, Adjusted Net Income (ANI) of $0.55 per share and Adjusted EBITDA of $1.7 billion for the quarter 5 ▪ Delivered $105 million in synergies to date from the Newcrest acquisition; on track to realize $500 million in annual synergies by the end of 2025 6 ▪ Firmly on track to deliver 2024 guidance for production, costs and capital spend; full-year production expected to be second-half weighted as previously indicated 7 ▪ Classified six non-core assets and one project as held for sale, resulting in a non-cash impairment of $485 million ▪ Refinanced approximately $2 billion of debt acquired from the Newcrest acquisition; targeting a $1 billion debt reduction ▪ Published 20 th Annual Sustainability Report and 3 rd Annual Taxes and
  evidence_url: https://www.sec.gov/Archives/edgar/data/1164727/000116472724000025/0001164727-24-000025-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.