All Q2 FY26 results →
NC

Newmont Corporation

Q2 FY26Metals and Mining

Newmont Corporation Q2 FY26 Results — Earnings Call Analysis

Q2 FY26 earnings call: what management said on revenue, margins and capex.

Price₹108
Market cap₹1.2L Cr
P/E14.5
Updated29 May 2026
Read3 min read

What the Q2 FY26 call signalled

1 of 3 strong

RevenueModerate growth
MarginMargins steady
CapexCapex planned

The short version

- Newmont expects to grow its portfolio production back to 6 million ounces of gold by 2027. - Newmont expects to grow production back to 6 million ounces by 2027, with key assets driving growth including Lihir (high-grade areas), Cadia (new caves), Boddington (pushbacks), Ahafo North (ramp-up), Cerro Negro (productivity improvements), and Yanacocha (additional mining production).

From Newmont Corporation's Q2 FY26 earnings-call transcript · updated 29 May 2026.

Revenue & Sales Performance

Moderate growth
  • Newmont expects to grow its portfolio production back to 6 million ounces of gold by 2027.
  • Key growth drivers include:
  • Lihir: Mining entering high-grade areas as per the mine plan.
  • Cadia: New caves coming online to support production.
  • Boddington: Completion of pushbacks accessing higher-grade zones.
  • Ahafo North: Continued ramp-up of operations.
  • Cerro Negro: Focus on productivity improvements and some shorter-term growth options.
  • Yanacocha: Additional shorter-term production from mining expected.
  • 2026 is anticipated to be a trough production year, with meaningful improvements and growth occurring in subsequent years.

2 more points from Newmont Corporation's call on revenue

Create a free account to keep reading this call

Profitability & Margins

See what Newmont Corporation said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Capex planned
  • Development capital spend was $239 million in Q1 2026, focused on advancing high-return projects.
  • Full-year development capital guidance is $1.4 billion, weighted to the second half of 2026.
  • Key development projects include:
  • Expansion at Cerro Negro.
  • Feasibility study advancement and planned FID (Final Investment Decision) for Red Chris project expected in H2 2026.
  • Lihir Nearshore Barrier project spending to start later in the year.
  • Sustaining capital spend of $381 million in Q1 2026 to maintain portfolio longevity and integrity.
  • Sustaining capital expected to increase in Q2 2026 due to activity at Brucejack, Red Chris, and tailings work at Cadia and Boddington.

2 more points from Newmont Corporation's call on capex

Create a free account to keep reading this call

Fundraising & Capital Structure

See what Newmont Corporation said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

See what Newmont Corporation said on order book & pipeline — free account, 30 seconds.

Others in Metals and Mining this season

  • Alamos Gold Inc. (Q2 FY26)

    Alamos Gold Inc. Q2 FY26 quarterly results analysis. Q1 2026 gold sales were 122,000 ounces, with production at 124,000 ounces, meeting guidance (Page 3). Marke

  • Coeur Mining, Inc. (Q2 FY26)

    Coeur Mining, Inc. Q2 FY26 quarterly results analysis. Coeur Mining expects a watershed year in 2026 with strong production and cash flow growth. - Full-year co

  • Royal Gold, Inc. (Q2 FY26)

    Royal Gold, Inc. Q2 FY26 quarterly results analysis. First quarter showed strong performance with record revenue of $469 million, 143% increase year-over-year,

  • Pan American Silver Corp. (Q2 FY26)

    Pan American Silver Corp. Q2 FY26 quarterly results analysis. La Colorada expansion expected to produce an average of 19.1 million ounces of silver annually dur

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →

Arthneeti Pro · Annual

Newmont Corporation and 15K+ more earnings calls,
for less than your morning chai

a day

Every earnings call, ranking and concall Q&A across all four results seasons.

Secure Razorpay payment · instant access

Frequently Asked Questions

What were Newmont Corporation Q2 FY26 results?

- Newmont expects to grow its portfolio production back to 6 million ounces of gold by 2027. - Newmont expects to grow production back to 6 million ounces by 2027, with key assets driving growth including Lihir (high-grade areas), Cadia (new caves), Boddington (pushbacks), Ahafo North (ramp-up), Cerro Negro (productivity improvements), and Yanacocha (additional mining production).

What is Newmont Corporation share price analysis?

Newmont Corporation currently shows a below-average growth signal. The stock trades at a P/E of 14.5 with a market cap of $115,541. Investors should review the full earnings analysis for detailed insights.

Is Newmont Corporation planning capital expenditure?

- Development capital spend was $239 million in Q1 2026, focused on advancing high-return projects.

Keep Newmont Corporation on your radar — track it to get its next earnings analysis in your feed.

This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.