Newmont Corporation ($NEM) Q4 2024 Earnings Call
Thank you that concludes the Q&A session i'd like to turn the conference back over to Tom Palmer for closing remarks well thank ...
Former Chief Executive Officer & Director, Newmont
Search every verified Thomas Palmer interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. On Newmont's fourth quarter and full year 2024 earnings call, Thomas Palmer, President and CEO, discussed the company's safety performance, noting efforts to strengthen programs across culture, systems, and skill development. He also highlighted progress on the divestment program, stating that Newmont had sold or reached definitive agreements to sell all six non-core operations, with potential pre-tax proceeds of up to $4.3 billion and expected cash proceeds of around $2.5 billion in the first half of 2025. Palmer addressed the company's focus on delivering three projects in execution, including the Cadia tailings and sustaining capital investments, while maintaining a $1 annual dividend and continuing share repurchases under a $3 billion program. He mentioned that the portfolio's scale was unprecedented in the gold industry, and discussed potential future growth projects such as Red Chris and Yanacocha sulfides, noting that Red Chris could become as much a copper mine as a gold mine if it meets investment criteria.
Thank you that concludes the Q&A session i'd like to turn the conference back over to Tom Palmer for closing remarks well thank ...
In his final interview as CEO of Newmont (NYSE: NEM; TSX: NGT), Tom Palmer joins Kitco Mining’s Paul Harris to reflect on the decade that reshaped the world’s largest gold producer. Palmer steps down on December 31 after steering the company through the Goldcorp integration, the COVID era, cost inflation, and the landmark acquisition of Newcrest. He says the Newmont he is handing to incoming CEO Natasha is fundamentally stronger. “We now have 12 managed operations. Each of them has very long life ore bodies that we can confidently make decisions on a 20 to 30 year timeframe.” Palmer explains…
10/23/2025 Q&A: 23:57 Newmont Corporation engages in the production and exploration of gold properties. It also explores for copper, silver, zinc, lead, and other metals. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, Papua New Guinea, Ecuador, Fiji, and Ghana, and internationally. Newmont Corporation was founded in 1916 and is headquartered in Denver, Colorado. #newmont #earningscall #fundamentalanalysis #nem #investing
07/24/2025 Q&A: 23:35 Newmont Corporation engages in the production and exploration of gold properties. It also explores for ...
Newmont President & CEO Tom Palmer shares insights into the company’s 2024 performance, emphasizing a $3.9 billion divestiture program and the successful completion of the Newcrest acquisition. Speaking with Kitco’s Senior Mining Editor and Anchor Paul Harris at the Future Minerals Forum in Riyadh, Palmer discusses: The gold market outlook and why cost control is critical Integration progress, synergies, and management restructuring for a more efficient 2025 portfolio Cost-cutting initiatives, key project milestones, and sustaining a competitive dividend How Newmont is enhancing margins to mee…
Tom Palmer, Newmont's President and CEO, discusses the company's performance in 2024, highlighting a successful divestiture program raising $3.9 billion and the completion of the Newcrest acquisition. Palmer speaks with Kitco’s Senior Mining Editor and Anchor Paul Harris on the sidelines of the Future Minerals Forum in Riyadh, Saudi Arabia. Key points: The current gold market and the importance of cost control in the industry The integration process, synergy achievements, and management restructure to support a streamlined, more focused portfolio for 2025 Newmont's cost reduction strategies a…
Melbourne Mining Club - Tom Palmer, CEO, Newmont Corporation MC: Hedley Widdup.
British Columbia was a focus of last year’s mega-merger between Newmont Mining and Newcrest, says Tom Palmer, president & CEO of Newmont Mining (NYSE:NEM). In February Palmer spoke to Kitco Mining at the BMO Global Metals, Mining & Critical Minerals Conference 2024 in Hollywood, Florida. The $16.8 billion acquisition of Australia’s Newcrest by US-based Newmont was finalized last November. Palmer said the value proposition for the transaction centered around three areas: the ability to further strengthen Newmont’s portfolio with Tier 1 acquisitions; the opportunity to consolidate assets i…
Newmont Corp. CEO Tom Palmer says the company's stock is at a once-in-a-generational price. He also says there are very big ...
Newmont Corp President/CEO Thomas Palmer speaks on commodity prices and the outlook of his company with Bloomberg's ...
“Then on top of that as a gold industry we can look to introduce things like a world gold council backed token that you can then uh purchase and have exposure to gold with confidence backed by those systems and processes and ultimately that might lead to a a return on gold.”
“Well, when I when I step back and think about our um capital allocation strategy which remains unchanged through this period of transformation, it starts with ensuring that we have a business that is generating free cash flow through through the price cycle.”
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