Newmont reported a stable third quarter, generating $1.9 billion of free cash flow in the quarter and $7.3 billion over the first nine months of 2026. The company returned about $1.9 billion to shareholders and improved its full-year all-in sustaining cost outlook to approximately $1,520 per ounce, while gold all-in sustaining costs were $1,454 per ounce in the third quarter. It expects fourth-quarter gold production of 1.4 million ounces, its strongest quarter of 2026, but all-in sustaining costs are expected to rise to about $1,900 per ounce due to the timing of sustaining capital, lower silver co-product credits at Peñasquito and fuel costs. Total portfolio production is projected to rise by a low- to mid-single-digit percentage in 2027, and a funding decision on the Red Chris Block Cave project is expected early next year, with commercial production targeted for 2033.
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XAU/USD
• NeutralRelevance: low
| Market | Gold |
|---|---|
| Close on 10/22/2026 | 4,024.59 |
| Change that session | -2.82% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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