secwatch.observer — SEC 8-K summary
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Issuer:     NEWMONT Corp /DE/ (NEM)
CIK:        0001164727
Form:       8-K
Filed at:   2024-04-25T23:59:59+00:00
Accession:  0001164727-24-000025
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1164727/000116472724000025/0001164727-24-000025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1164727/000116472724000025/nem-20240425.htm
  HTML page:      https://secwatch.observer/filing/0001164727-24-000025

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