newmont corporation reports strong gold sales and global production footprint

Newmont Corporation, a major player in the gold mining industry, announced impressive sales figures for 2023. Gold accounted for the majority of their net sales, making up 89.7% of the total.

In terms of volume, the company sold 5.4 million ounces of gold, along with significant amounts of copper, silver, zinc, and lead. By the end of 2023, Newmont was operating 21 production sites across different regions, including North America, Australia, South America, Africa, and New Guinea.

The United Kingdom was the primary market for Newmont, accounting for 64.7% of their total sales. South Korea and Switzerland were also significant markets, representing 8.3% and 5.1% of sales, respectively. Other notable markets included Japan, the Philippines, Australia, Germany, and Mexico, contributing to the remaining sales distribution.

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