NEM vs. KGC: Which Gold Mining Stock Should You Bet on Now?

What we drew from this source

The claims Via News extracted from this document. We point to the source; we don't replace it.

• The Federal Reserve signaled a potential interest rate increase before year-end 2026 while leaving rates unchanged at its most recent policy meeting

  60% confidence

• Newmont reported a roughly 16% year-over-year and 10% sequential decline in attributable gold production to 1.3 million ounces in Q1 2026, partly linked to strategic divestment of non-core assets

  60% confidence

• Newmont generated $3.6 billion from portfolio optimization actions in 2025, shifting strategic focus to Tier 1 assets

  60% confidence

• Free cash flow surged 161% year over year to a record $3.1 billion in Q1 2026

  60% confidence

• Ahafo North is expected to produce between 275,000 and 325,000 ounces of gold annually over an estimated mine life of 13 years

  60% confidence

• Newmont has executed buybacks of $6 billion under earlier authorized share repurchase programs, including $2.4 billion since the fourth-quarter 2025 earnings call; board approved an additional $6 billion repurchase program

  60% confidence

• Ahafo North output is expected to be 315,000 ounces in 2026, with a ramp-up to full capacity

  60% confidence

• Newmont had total liquidity of roughly $12.8 billion at end of Q1 2026, including cash and cash equivalents of approximately $8.8 billion

  60% confidence

• Newmont anticipates gold production of approximately 5.26 million ounces for full-year 2026, a year-over-year decline from 5.89 million ounces in 2025

  60% confidence

• Newmont expects second-quarter 2026 production to be below the first-quarter level

  60% confidence

• Newmont expects to make a final investment decision on the Red Chris Block Cave Project later in 2026

  60% confidence

• Newmont expects lower production from Penasquito and Cadia in 2026 due to site transitions, as well as lower-than-expected production from Nevada Gold Mines and Pueblo Viejo; these will be partly offset by contributions from Ahafo North

  60% confidence

Data points we hold from this source