World's largest gold miner: production is expected to decrease by 10% by 2026.
Newmont Corporation expects gold production to decrease by 10% this year, influenced by poor performance at two mines operated jointly with Barrick Gold Corporation. The company announced record profit data, with adjusted net profit rising to $2.8 billion in the fourth quarter of 2025, or $2.52 per share. Newmont anticipates that total sustaining costs will decrease to $1,680 per ounce in 2026, surpassing analyst expectations, demonstrating progress in cost control efforts.
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