How Newmont’s Q2 Gold Price Surge and Asset Sales Boosted Earnings by $1.2 Billion

• Net income from continuing operations rose to $2.06 billion, up $1.22 billion year-over-year
• Completed divestitures of Akyem, Porcupine, and other non-core assets, generating $3.37 billion in proceeds
• Gold production increased at key sites including Peñasquito and Yanacocha despite some operational challenges
• Strong liquidity position with $6.2 billion cash and $10.2 billion total liquidity, net debt reduced to $1.4 billion