Silver to $39.50: Up 9.4% Past 30 Days
Newmont, the world’s largest gold miner, posted impressive Q2 results driven by soaring gold prices, with earnings and sales well above forecasts.
The company’s shares have climbed 65% so far in 2025. Newmont plans to return value to shareholders through an expanded $6 billion share repurchase program and is steadily lowering its debt.
Management remains confident in meeting 2025 production goals and capital spending plans, preparing the company to benefit from potentially higher gold prices ahead.
