Newmont targets Red Chris production in 2033 and lifts 2026 gold AISC outlook
FROM THE WIRE · SEEKINGALPHA.COM
Newmont Q3 2026 earnings: strong free cash flow, buybacks, Red Chris expansion, and 2027 cost risks.
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralHigher AISC guidance weighs on the gold producer's margins, while gold prices remain the main driver.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Newmont targets commercial production at Red Chris in 2033.
- 02The 2026 gold AISC outlook is lifted to about $1,520 per ounce.
- 03The quarter shows strong free cash flow and new share buybacks.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Newmont Corporation114.11 USDMarket closedtoday -2.62%Negative Gold4,035.80 USD+0.42%today -0.61%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets