Newmont Corporation EBITDA Surges 106% as Production and Prices Climb

1 min read | February 21, 2025 11:06 AM AEDT | By Team Kalkine Media

Newmont Corporation EBITDA Surges 106% as Production and Prices Climb — Image source: shutterstock

Outlook for 2025: Lower Production Expected

Despite the strong results in 2024, Newmont has revised its 2025 gold production forecast downward to 5.9 million ounces, indicating a shift in expectations for the coming year.

Commenting on the results, President and CEO Tom Palmer emphasized the company’s resilience and strategic focus:

"2024 was a transformational year for Newmont, as we focused on the integration of the Newcrest portfolio, divestment of our non-core assets, and transitioning the business onto a stable operating and investment platform."

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