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Newmont beats second-quarter profit estimates

Reuters | July 23, 2026 | 1:20 pm Top Companies USA Gold 
Newmont starts ramp-up at Peñasquito as strike ends
Newmont’s Peñasquito mine in Mexico. (Image: Former Goldcorp via Flickr.)

Newmont (NYSE: NEM) beat analysts’ estimate for second-quarter profit on Thursday, as the world’s biggest gold miner benefited from higher bullion prices.

On an adjusted basis, the company earned $2.10 per share for the quarter ended June 30, compared with analysts’ average estimate of $1.99, according to data compiled by LSEG.

(Reporting by Varun Sahay in Bengaluru; Editing by Shilpi Majumdar)

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