Key facts from Newmont Corporation's first quarter 2024 results

Newmont Corporation (ASX: $NEM) has reported a strong first quarter operational performance, producing 2.2 million gold equivalent ounces and generating over $1.4 billion in cash from operations before working capital changes. The company declared a first quarter dividend of $0.25 per share of common stock. President and Chief Executive Officer, Tom Palmer, expressed confidence in achieving full-year guidance and delivering synergies and productivity improvements from the combined portfolio. The company remains focused on creating an attractive value proposition for investors.

Executive commentary on first quarter 2024 results

Tom Palmer, President and Chief Executive Officer, stated, 'Newmont delivered a strong first quarter operational performance, underpinned by the gold industry's leading portfolio of Tier 1 gold and copper operations. We remain well-positioned to achieve our full-year guidance and deliver meaningful synergies and productivity improvements from the combined portfolio. Our focus remains on creating an attractive value proposition for new and existing investors during this unique time in the gold industry.'

Summary of first quarter 2024 results and outlook

Newmont Corporation's first quarter 2024 results include the production of 2.2 million gold equivalent ounces and the declaration of a $0.25 per share dividend. The company remains confident in achieving full-year guidance and delivering synergies and productivity improvements from the combined portfolio. Newmont's focus on creating an attractive value proposition for investors reflects its commitment to long-term value creation and principled environmental, social, and governance practices. The company's strong operational performance and strategic initiatives position it for continued success in the gold industry.