Comparing the current results to its competitors, Newmont reported Revenue increase in the 2 quarter 2026 by 15.06 % year on year. The sales growth was above Newmont's competitors' average revenue growth of 14.78 %, achieved in the same quarter.
Newmont's Comment on Competition and Industry Peers
We compete with other natural resource companies to attract and retain key executives,
skilled labor, contractors and other employees. We also compete with other natural
resource companies for specialized equipment, components and supplies, such as
drill rigs, necessary for exploration and development, as well as for rights to
mine properties containing gold, copper and other minerals. We may be unable to
continue to attract and retain skilled and experienced employees, to obtain the
services of skilled personnel and contractors or specialized equipment or supplies,
or to acquire additional rights to mine properties, which could have an adverse
effect on our competitive position or adversely impact our results of operations.
Overall company sales advanced by 15.06 % Newmont outperformed its competitors in this segment and improved market share, to approx. 27.41 %. << More on NEM Market Share.
*Market share is calculated based on total revenue.
September 23, 2025
In a significant development for the mining industry and Ghana s economy, Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) celebrated a critical milestone on September 19, 2025, with the first gold pour at its Ahafo North Project. This pivotal event not only brings Newmont closer to commercial production projected for the fourth quarter of 2025 but also highlights the company’s robust operational capabilities and ambitious growth strategy.The journey to this milestone began with the completion of essential development phases, which included the strategic stockpiling of ore initiated in late 2024, along with the commissioning of vital infrastructure. The successful execution of these tasks pos...
August 1, 2025
Newmont Corporation Strides Forward with Strategic Divestitures and Sustainable Innovations Newmont Corporation, a premier name in the mining industry, has been making significant strides in its strategic business operations. The company recently announced three key developments: the ratification of the Akyem Mining Lease in Ghana, the agreement to divest its Cripple Creek and Victor (CCandV) operation, and the commissioning of its first battery-electric large mining truck. These moves highlight Newmont s focus on optimizing its portfolio, enhancing shareholder value, and committing to sustainable mining practices. Akyem Mining Lease Ratification and Divestiture to Zijin Mining Group In a landmark developmen...
May 26, 2025
Newmont Corporation Celebrates Decade of Success at Red Chris Mine with Significant Tahltan Investment and Remarkable Financial Performance A Decade of Partnership: A Spotlight on the Red Chris MineOn May 24th, Newmont Corporation celebrated a significant milestone the tenth anniversary of the Red Chris Mine. Located in the rich mining region of British Columbia, Canada, Red Chris has not only been a source of valuable natural resources but also a cornerstone in Newmont s partnership with the indigenous Tahltan Nation. In commemoration of this anniversary, Newmont has announced a substantial community investment totaling CAD $8 million. This contribution is set to benefit the Tahltan communities of Telegrap...
March 31, 2025
In a dramatic turn of events, Newmont Corporation (NYSE: NEM), one of the world s largest gold mining companies, finds itself embroiled in a potential securities fraud class action lawsuit. With legal firm Gross Law announcing the lawsuit and Robbins Geller Rudman and Dowd LLP reaching out to aggrieved investors, the situation could significantly impact Newmont s financial standing and reputation. The Allegations: A Closer Look The class action lawsuit named Karas v. Newmont Corporation alleges that Newmont Corporation and some of its top executives violated the Securities Exchange Act of 1934. The class period in question spans from February 22, 2024, to October 23, 2024, during which time investors who p...
October 15, 2024
In a groundbreaking collaboration, Newmont Corporation has teamed up with MKS PAMP to launch a new line of traceable gold bars, setting a new standard for transparency and accessibility in the gold market. The partnership introduces the PAMP 1oz Lady of Liberty gold bar, exclusively crafted from gold mined by Newmont. These bars are refined and minted in Switzerland by MKS PAMP, a respected name in the industry, and come with a distinct feature: they are fully traceable from mine to market.This innovative product is now available at the largest wholesaler in the U.S. providing consumers a seamless opportunity to own gold, a historically stable asset often used for wealth building and investment diversificati...
April 18, 2024
Newmont Corporation Reports Strong Revenue Growth and Market Share Increase in 2023Newmont Corporation, a leading player in the mining industry, recently released its Sustainability Report 2023 and Tax and Royalties Contribution Report 2023. These reports highlight the company s socioeconomic and Environmental, Social, and Governance (ESG) contributions during the past year. This also marks the 20th anniversary of Newmont s first Annual Sustainability Report, signifying the company s commitment to being a sustainability leader in the sector.In terms of financial performance, Newmont reported a significant increase in revenue in the fourth quarter of 2023 compared to the previous year. The revenue growth of 2...
November 7, 2023
Newmont Completes Acquisition of Newcrest Mining, Establishing World s Leading Gold and Copper Mining Company DENVER - Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) announced today that it has successfully concluded the acquisition of Newcrest Mining Limited, resulting in the formation of the world s foremost gold mining enterprise with a robust copper production. This landmark achievement marks a significant milestone not only for Newmont but also for the entire industry. Tom Palmer, President and CEO of Newmont, commented on the occasion, stating, Today is a historic milestone for our company and the industry as a whole with the successful completion of this transformative acquisit...
November 6, 2023
Newmont Successfully Acquires Newcrest, Establishing the World s Leading Gold Mining Company DENVER, USA - Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) has announced the completion of its acquisition of Newcrest Mining Limited, resulting in the establishment of the world s leading gold company with a strong copper production. Today marks a historic milestone for our company and the industry, following the successful completion of this transformative acquisition by Newmont, said Tom Palmer, President and Chief Executive Officer. Comparatively, Newmont reported a 5.35% decrease in revenue for the third quarter of 2023, year on year, in contrast to most of its competitors who experien...
Moodys Corporation operates as a credit rating agency, offering independent credit ratings, research, and risk analysis to help organizations make informed financial decisions. It generates revenue by providing these services to financial institutions, corporations, and governments worldwide.
Southern Copper Corp is a mining company engaged in the exploration, extraction, and production of copper and other minerals. Their business model revolves around operating large-scale mining projects in South America, primarily in Peru and Mexico. With a focus on efficiency, sustainability, and maximizing production, Southern Copper Corp aims to generate revenue through the sale of copper and other by-products to various industries worldwide.
Rise Gold Corp operates as a mineral exploration company that focuses on discovering and developing gold resources in Nevada, United States. Their business model revolves around acquiring prospective mining projects, conducting exploration activities, and ultimately advancing the identified gold deposits for future extraction and production.
Royal Gold Inc is a precious metals royalty company that acquires and manages royalties and streams. It provides upfront capital to mining companies in exchange for the right to receive a percentage of gold and other metal produced from the mines. Their business model is centered around generating revenue through these royalty and streaming agreements, allowing them to participate in the mining industry without taking on the risks and costs associated with traditional mining operations.
Sources:
Newmont Corporation’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: publicly traded companies.
For your research, we’ve provided 10 tables on Newmont Corporation versus competitors, including market share analysis.
You can find them in the navigation menu under Competition.
To download the tables, please subscribe.
Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.
