NEWMONT Corp /DE/ 8K
0001164727-26-000034
View on SEC EDGARNewmont Corporation reported strong second quarter 2026 results, reaffirmed full-year guidance, declared a $0.26 quarterly dividend, and detailed significant ongoing share repurchases and capital allocation plans supported by a strong balance sheet.
On July 23, 2026, Newmont Corporation reported robust financial and operating results for the second quarter of 2026, highlighted by production of approximately 1.3 million attributable gold ounces, 7 million ounces of silver and 17 thousand tonnes of copper, record second-quarter free cash flow of $2.2 billion, and net income of $2.2 billion, while reaffirming its ability to meet full-year 2026 production and cost guidance. The company declared a quarterly dividend of $0.26 per share, payable September 28, 2026 to shareholders of record on September 3, 2026, and disclosed that it returned $1.9 billion to shareholders since the prior earnings call through dividends and $1.7 billion of share repurchases, leaving $4.3 billion remaining under its $6 billion authorization. Newmont emphasized its strong balance sheet with $9.0 billion of cash and $13.0 billion of total liquidity, a net cash position of $3.4 billion, and outlined its capital allocation framework including approximately $1.95 billion of sustaining capital and $1.4 billion of development capital expected for 2026, continued ratable share repurchases, and a targeted sustainable annual cash dividend commitment of $1.1 billion. Operationally, the company noted temporary seismic-related impacts at its Cadia operation, which has since returned to normal levels, ongoing major reclamation spending including construction of water treatment plants at Yanacocha, key regulatory approvals in British Columbia for the Red Chris Block Cave project, and updated commentary on 2026 seasonality and third quarter expectations, with production weighted to the second half and higher sustaining and development capital expected later in the year.
Filing Facts
- CIK
- 1164727
- Ticker
- NEM
- Form
- 8K
- Source Type
- sec
- Accession
- 0001164727-26-000034
- Alert Tier
- 6