Newmont: Gold Giant With Dwindling Profitability or an Underappreciated Opportunity?

Acquisition of Newcrest leads to challenges: The integration of new mines proves costly and burdens profitability. Divestments as a lifeline? Newmont sells six mines for $4.3 billion – but is that enough to boost profitability? The Newmont Corporation, the world's leading gold producer, recently published its results for the fourth quarter of 2024 as well as for the entire fiscal year. Despite a revenue increase of 58% to $18.7 billion and a free cash flow (FCF) of $2.9 billion (previous year: only $88 million), including $1.64 billion...