EPISODE · Apr 23, 2026 · 9 MIN
Newmont (NEM): Earthquakes, floods & a massive $6B buyback machine [Q1 2026]
from Earnings Unscripted: Stock Earnings Calls & Analysis · host Miro Benes
Despite floods, fires, and a magnitude 4.5 earthquake striking its flagship mine, Newmont Corporation posted an unbelievable $3.1 billion in free cash flow for Q1 2026. In ~10 minutes:- How a quiet 29% surge in silver rescued unit costs.- Why a surprise Ghana royalty wipes out $25/oz globally.- Unpacking the hostile legal standoff at the massive Nevada JV.- Exploring the brand new $6 billion stock buyback authorization.Gold prices get the headlines, but the real story of this quarter was a masterclass in resilience. Management flexed sheer scale to shrug off severe operational shocks while deploying excess cash to aggressively shrink its float. We unpack exactly what makes Newmont's diversified base-metal portfolio the ultimate hedge against core gold inflation.Company: Newmont Corporation (NEM) | Q1 FY2026AI-assisted production. Feedback/ticker requests: https://x.com/EarnUnscripted.
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Newmont (NEM): Earthquakes, floods & a massive $6B buyback machine [Q1 2026]
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