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Newmont posts US$2.5B loss, seeks extra $500M synergies

US$1.3B annual capital budget

Paul Harris
Newmont eyes 8.3Moz AuEq production by 2028

Newmont eyes 8.3Moz AuEq production by 2028

Newmont has reported a net loss of US$2.5 billion on revenues of $11.8 billion for 2023, compared with a net loss of $459 million in 2022. The loss was driven by $1.9 billion in impairment charges, $1.5...

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