Stock Track | Newmont Corp Plummets 5.03% Intraday as Gold Mineral Reserves Decline

Stock Track

02/20

Newmont Corp's stock price plummeted 5.03% during intraday trading on Friday, marking a significant decline for the gold mining giant.

The sharp drop follows the company's disclosure that its gold mineral reserves fell to 118.2 million attributable ounces at the end of 2025, down from 134.1 million attributable ounces at the end of 2024. The decline was attributed to divestments and depletion from mining operations.

Additionally, the company reported decreases in copper reserves, silver reserves, and gold mineral resources, raising concerns among investors about the company's future production potential and asset base value.

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