OverviewSuggest Edit

Newmont Corporation is a company that operates in the mining industry. It develops, explores, and produces gold, copper, silver, lead, and zinc.

TypePublic
Founded1921
HQDenver, CO, US
Websitenewmont.com
Employee Ratings4.3
Overall CultureB+

Latest Updates

Employees (est.) (Dec 2020)14,300(-13%)
Job Openings123
Revenue (FY, 2020)$11.5 B(+19%)
Share Price (Sept 2021)$57.7
Cybersecurity ratingBMore

Key People/Management at Newmont

Tom Palmer

Tom Palmer

President and Chief Executive Officer, Director
Rob Atkinson

Rob Atkinson

Executive Vice President and Chief Operating Officer
Nancy K. Buese

Nancy K. Buese

Executive Vice President and Chief Financial Officer
Jennifer Cmil

Jennifer Cmil

Executive Vice President, Human Resources
Stephen P. Gottesfeld

Stephen P. Gottesfeld

Executive Vice President and Chief Sustainability & External Affairs Officer
Dean Gehring

Dean Gehring

Executive Vice President & Chief Technology Officer
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Newmont Office Locations

Newmont has offices in Denver, Elko, Greenwood Village, Miami and in 13 other locations
Denver, CO, US (HQ)
6900 E Layton Ave #700
Elko, NV, US
285 Spruce Rd
Greenwood Village, CO, US
6363 South Fiddler’s Green Circle Suite 800
Miami, FL, US
800 Waterford Way #900Miami
Buenos Aires, AR
Av. Leonardo N. Alem 855-Piso 27
Perito Moreno, AR
Z9040, Av. San Martín 1207
Show all (17)

Newmont Financials and Metrics

Newmont Revenue

Newmont's revenue was reported to be $11.5 b in FY, 2020
USD

Revenue (Q1, 2021)

2.9b

Net income (Q1, 2021)

579.0m

EBIT (Q1, 2021)

538.0m

Market capitalization (15-Sept-2021)

46.2b

Closing stock price (15-Sept-2021)

57.7

Cash (31-Mar-2021)

5.5b

EV

46.7b
Newmont's current market capitalization is $46.2 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

7.3b7.3b9.7b11.5b

Revenue growth, %

(1%)34%

Cost of goods sold

4.4b4.5b5.7b

Gross profit

3.0b2.8b4.0b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

1.8b1.7b1.7b1.8b2.3b2.7b2.6b2.4b3.2b2.9b

Cost of goods sold

1.1b1.1b1.1b1.0b1.5b1.5b1.4b1.1b1.4b

Gross profit

720.0m606.0m652.0m754.0m749.0m1.2b1.2b1.2b1.8b

Gross profit Margin, %

40%36%38%42%33%43%45%52%57%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

3.3b3.4b2.2b5.5b

Accounts Receivable

124.0m254.0m373.0m449.0m

Inventories

679.0m630.0m1.0b

Current Assets

5.1b5.3b6.3b8.5b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

3.1b3.1b3.1b3.5b1.8b2.7b3.7b3.8b4.8b5.5b

Accounts Receivable

211.0m133.0m176.0m209.0m330.0m383.0m220.0m255.0m324.0m263.0m

Inventories

657.0m697.0m713.0m634.0m1.1b1.1b971.0m961.0m983.0m

Current Assets

4.9b5.0b4.9b5.4b4.6b5.7b6.5b6.7b7.7b8.4b
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(87.0m)380.0m2.9b2.8b

Depreciation and Amortization

1.2b1.2b2.0b2.3b

Inventories

(221.0m)(250.0m)(132.0m)(139.0m)

Accounts Payable

18.0m(73.0m)144.0m(50.0m)
USDFY, 2017

Revenue/Employee

585.6k

Debt/Equity

0.3 x

Debt/Assets

0.2 x

Financial Leverage

1.8 x
Show all financial metrics

Newmont Operating Metrics

FY, 2017FY, 2018FY, 2019

Gold Sold, ounces

5.61 m5.52 m6.47 m

Gold Sold (North America), ounces

2.18 m2.05 m1.08 m

Gold Sold (South America), ounces

1.05 m1.06 m1.4 m

Gold Sold (Australia), ounces

1.56 m1.55 m1.44 m
Show all operating metrics

Newmont Acquisitions / Subsidiaries

Company NameDateDeal Size
AC40689 Limited
Administradora de Negocios Mineros S.A. de C.V.
Australian Capital Territory
Battle Mountain Resources Inc.
Cayman Pampas Ltd.
Con Exploration Ltd.
Datawave Sciences Inc.
Dawn Mining Company LLC
Elko Land and Livestock Company
ELLC Grazing Membership LLC
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Newmont Revenue Breakdown

Embed Graph

Newmont revenue breakdown by business segment: 92.9% from Gold and 7.1% from Other

Newmont revenue breakdown by geographic segment: 20.7% from North America, 20.2% from South America, 22.4% from Australia, 15.0% from Africa and 21.6% from Nevada

Newmont Cybersecurity Score

Cybersecurity ratingPremium dataset

B

84/100

SecurityScorecard logo

Newmont Online and Social Media Presence

Embed Graph

Newmont Company Culture

  • Overall Culture

    B+

    72/100

  • CEO Rating

    B

    70/100

  • Compensation

    C+

    67/100

Learn more on Comparably

Newmont Blogs

We Are Implementing Additional Controls to Further Protect Our Workforce and Neighboring Communities

Our business continuity plans and rapid response teams have been fully mobilized in response to the COVID-19 global pandemic.” Tom Palmer, President and Chief Executive Officer Newmont’s long-term value proposition remains unchanged, de...  Read more We Are Implementing Additional Controls to Furthe…

Everyone Has a Responsibility in Reducing the Spread of COVID-19

Everyone has a responsibility to help reduce the spread of COVID-19 and we encourage you to abide by the World Health Organization’s basic protective measures against the virus. These include regularly washing your hands, avoiding touchin...  Read more Everyone Has a Responsibility in Reducing the S…

Newmont: The World’s Leading Gold Company

This video highlights Newmont’s position as the clear gold industry leader and the steps we’re taking to create sustainable, long-term value. See the endnotes on page 47 of Tom Palmer’s February 2020 BMO Metals & Mining Conference...  Read more Newmont: The World’s Leading Gold Company The post …

In 2019, Newmont Generated $1.4 Billion in Free Cash Flow from the Gold Industry’s Best Portfolio of Assets

“In 2019, Newmont generated $1.4 billion in free cash flow from the gold industry’s best portfolio of assets and we continued to deliver on our promises by completing four projects on four continents within budget,” said Tom Palmer, P...  Read more In 2019, Newmont Generated $1.4 Billion in Free Cas…

Newmont’s Approach to Water Earns Top Sector Score

Newmont has received an overall B rating from CDP’s annual water security assessment – the top score in the metals and mining sector – reflecting our coordinated actions on key water issues. For leading and implementing current best p...  Read more Newmont’s Approach to Water Earns Top Sector Score …

Newmont Recognized for Strong Environmental, Social and Governance Performance

Newmont has been recognized by independent organizations for strong management performance and social responsibility, coordinated action on climate-related issues and the advancement of women in the workplace. Watch the video:...  Read more Newmont Recognized for Strong Environmental, Social and Gov…
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Newmont Frequently Asked Questions

  • When was Newmont founded?

    Newmont was founded in 1921.

  • Who are Newmont key executives?

    Newmont's key executives are Tom Palmer, Rob Atkinson and Nancy K. Buese.

  • How many employees does Newmont have?

    Newmont has 14,300 employees.

  • What is Newmont revenue?

    Latest Newmont annual revenue is $11.5 b.

  • What is Newmont revenue per employee?

    Latest Newmont revenue per employee is $804 k.

  • Who are Newmont competitors?

    Competitors of Newmont include Gran Colombia Gold, Gold Resource and Freeport-McMoran.

  • Where is Newmont headquarters?

    Newmont headquarters is located at 6900 E Layton Ave #700, Denver.

  • Where are Newmont offices?

    Newmont has offices in Denver, Elko, Greenwood Village, Miami and in 13 other locations.

  • How many offices does Newmont have?

    Newmont has 17 offices.