NEWMONT Corp

Company facts

Industry

Gold and Silver Ores

Headquarters

Denver, Colorado

Most recent report

8-K, filed Aug 20, 2026

Incorporated

Delaware

Filings on record

1,001+ filings

On EDGAR

CIK 1164727

Fiscal year ends

December

Filer status

Large accelerated filer

What to read: Jun 2026 10-Q

SECSift found 4 of 13 sections worth reading, with 0 positive, 9 notable, and 10 negative flags.

• Financial Statements (Item 1)

  Full financials; Cadia disruption, Lihir risk, $114M tax demand, $3.5B buyback.
  Notable

  • Newmont filed lawsuit against Colorado water division over Carlton Tunnel discharge permit.
  Negative

  • Cadia underground mining suspended since April 14, 2026; $28M costs incurred, production disrupted.
  • Lihir CEPA enforcement notice on waste oil; compliance could stop operations.
  • Equinox demanded ~$114M under Tax Allocation Agreement; Newmont disputes liability.

• Management's Discussion (Item 2)

  MD&A with real Q2 2026 results, Cadia disruption, Ghana tax, and buyback.
  Notable

  • Newmont notified Barrick of NGM mismanagement in Jan 2026; sent default notice in Feb 2026.
  • Ghana royalty regime revised to 5%-12% sliding scale; corporate tax rate rose from 32.5% to 35%.
  • GEO price change effective Jan 1, 2026 reduced calculated GEOs by 72k in Q2, 190k in H1.
  • $6B stock repurchase program authorized in April 2026; $3,462 repurchased in H1 2026.
  • Near-term development capex projects include Tanami Expansion 2, Cadia Panel Caves, Lihir Nearshore Barrier, Cerro Negro.
  Negative

  • Cadia seismic event on Apr 14 caused Q2 gold production to drop 67% and AISC to surge to $3,151/oz.

• Market Risk (Item 3)

  Company-specific numbers throughout: new long-term gold price, BCS transactions, FX sensitivity shift.
  Notable

  • FX sensitivity doubled from $127M in Q1 (3 months) to $250M for H1 2026 (6 months).
  • New currency risk management tactic: accessing USD via Blue Chip Swap in Argentina.
  • Cadia PPA hedge sensitivity down from $40 to $35; FX hedges from $155 to $95 vs Q1.

• Risk Factors (Item 1A)

  New Ghana risk disclosures: royalty rates, export restrictions, mining lease terms, and a specific export shipment delay in July 2026.
  Negative

  • Tax stability protections expired Dec 31, 2025, exposing Ghana ops to future tax changes.
  • Sliding royalty rate from 5% to up to 12% based on gold price; a 140% increase from historical rate.
  • Proposed amendments could shorten mining lease durations and increase local ownership requirements.
  • A doré shipment blocked in Ghana in July 2026; could delay revenue and disrupt sales.
  • May be required to sell up to 30% of Ghana gold output to GoldBod for cedis, creating FX risk.
  • New rule bans mining lease holders from operating; must outsource to 100% Ghanaian-owned firms for surface mines.

What changed: Jun 2026 vs. Mar 2026

About 16% of NEM's Jun 2026 10-Q is new information. 101 paragraphs were added, 227 changed, and 94 removed. Below are the most important lines SECSift identified.

• Item 2 160
• Item 1 72
• Item 3 12
• Item 1A 8
• Item 6 4
• Item 4 2
• Item 5 1