NEWMONT Corp /DE/ (NYSE: NEM)

NEWMONT Corp /DE/ is a leading gold producer with significant operations and assets across multiple countries including the United States, Papua New Guinea, Australia, Ghana, Suriname, Argentina, Dominican Republic, Chile, Peru, Ecuador, Mexico, and Canada. The company is deeply rooted in the mining industry, focusing primarily on the extraction and production of gold, along with other metals such as copper, silver, lead, and zinc. With a history dating back to 1921, Newmont has established itself as a major player in the global mining sector, committed to sustainable and responsible mining practices.

Newmont generates revenue through the production and sale of gold, copper, and other metals. The company's primary products include gold, which is its core business, along with copper, silver, lead, and zinc. These metals are sold to a diverse range of customers, including refiners, fabricators, and other industrial users. The company's extensive land position, covering approximately 19,200 square miles, provides a substantial resource base for its mining operations.

• Nevada Gold Mines (NGM): Newmont holds a 38.5% proportionate interest in NGM, a joint venture that manages mining operations in Nevada. This segment is a significant contributor to the company's gold production and reserves.

• Ahafo North: Located in Ghana, the Ahafo North project was declared commercially productive in October 2025. This segment is focused on gold mining and has been classified as a reportable segment due to its commercial production status.

Newmont's position within the industry is strengthened by its status as the world's leading gold company. The company's competitive advantages include its extensive gold reserves, a diverse portfolio of mining operations, and a commitment to sustainable and responsible mining practices. Newmont's significant land position and strategic acquisitions, such as the acquisition of Newcrest Mining Limited, further enhance its competitive standing. The company's portfolio optimization program, which includes the divestiture of non-core assets, demonstrates its focus on streamlining operations and maximizing value.

Newmont serves a broad customer base, including refiners, fabricators, and other industrial users of gold, copper, and other metals. The company's global presence and extensive resource base enable it to meet the demands of a diverse range of customers. While specific customer names are not disclosed, the company's sales are spread across domestic and export markets, indicating a lack of dependence on a limited number of customers.