Newmont Reports Strong Q1 Earnings, Reaffirms Full-Year Guidance
1. Newmont reports $1.9 billion net income, exceeding prior year. 2. Gold All-In Sustaining Costs rose 13% to $1,651 per ounce. 3. First quarter free cash flow hit a record $1.2 billion. 4. Average realized gold price soared to $2,944 per ounce. 5. Share repurchases and dividends supported after $2.5 billion asset sales.