Loading ...Oliver Groß
@minenergybiz
US gold producer Newmont generated an impressive $9.2 billion in free cash flow over the past four quarters – the highest by far in its history and the highest ever generated by a gold miner. 🥇👇
Assuming gold remains around the $4,500 per ounce mark and energy costs and chemical prices do not skyrocket, Newmont is expected to generate over $10 billion in free cash flow in 2026.
Major gold miners are printing cash. 💰💸
