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How Did Newmont Boost Q3 Net Income by Nearly $1 Billion? Asset Sales and Gold Prices Hold the Key
8:35am on Friday 24th of October, 2025 AEDT
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Mining
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How Did Newmont Boost Q3 Net Income by Nearly $1 Billion? Asset Sales and Gold Prices Hold the Key
8:35am on Friday 24th of October, 2025 AEDT
Key Points
Net income rises to $1.83 billion, up $959 million year-over-year
Completed sales of six non-core mining assets and Coffee development project
Strong liquidity with $5.6 billion cash and $9.6 billion total liquidity
Production volumes mixed, impacted by operational factors and divestitures
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