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Newmont Corp. says the three miners who have been trapped for days in the Red Chris mine in northern B.C. were successfully brought to the surface safely on Thursday night.The company says they were freed at 10:40 p.
Newmont's Red Chris gold and copper mine in Canada's British Columbia were rescued after more than 60 hours underground.
The mining company reported higher profit as concerns about market volatility have driven the price of gold to record highs in recent months.
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Stocktwits on MSNNewmont Stock Rises Premarket After Q2 Profit Beat — Retail Bets Broader Gold Mining Boom Is OnNewmont (NEM) stock gained nearly 2% in premarket trade on Friday after the world’s biggest gold producer topped Wall Street’s profit estimates and launched a fresh share buyback program. Retail sentiment on Stocktwits about Newmont jumped to ‘extremely bullish’ territory from ‘neutral’ a day ago,
Newmont stands strong with gold price support, copper exposure, and solid margins, but weak shareholder returns limit upside. Find out why NEM stock is a hold.
On an adjusted basis, the world's top gold miner posted a profit of $1.43 per share for the three months ended June 30, compared with analysts' average estimate of $1.18 per share, according to data compiled by LSEG. Copyright 2025 Thomson Reuters.
Newmont Corporation (NYSE:NEM) ranks among the best magic formula stocks to invest in. Citing its status as the largest gold producer in the world, Stifel began coverage of Newmont Corporation (NYSE:NEM) on July 8 with a Buy rating and a $73 price target.
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Gain key takeaways from Newmont Corporation's Q2 2025 earnings call, including record free cash flow, increased share repurchase authorization,