Newmont (ASX:NEM) reported late Thursday that its second-quarter adjusted net income rose to $1.43 per diluted share from $0.72 a year earlier.

Analysts polled by FactSet expected $1.15.

Sales for the three months ended June 30 reached $5.32 billion, up from $4.40 billion a year earlier. Analysts surveyed by FactSet expected $4.83 billion.

Newmont said it remains on track to meet its 2025 total attributable gold production guidance of 5.9 million ounces at an all-in sustaining cost of $1,630 per ounce.

The board declared a dividend of $0.25 per share, the same as the previous reporting period, payable on Sept. 29 to shareholders of record as of Sept. 4.