Newmont generates $594 million in free cash flow in Q2
https://www.kit co.com/news/article/2024-07-24/newmont-generates-594-million-free-cash-flow-q2
Newmont's net profit up 113%!
US $594 million free cash flow!
Newmont's average gold sales price, US $2,347 oz!
Q2 results were released after US market close last night. In Australia, already $55 million of NEM shares bought on ASX today hitting a 12 month high. Tonight on Wall Street, expecting new highs to continue for Newmont.
With this benchmark, I expect AZY to use an AUD $3,000 oz gold price for updated scoping study.
Upcoming Catalysts, page-37
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