• NEM is trading 6.5% up at $99.37, with investors reacting to Newmont’s strong Q1 2026 results and expanded $6 billion share repurchase authorization.
  • The move is also bolstered by recent regulatory approvals for the Red Chris Block Cave project, announced today, clearing the way for a shift to long-life underground mining and positively impacting the company's long-term production profile.
  • This price action reflects continued positive sentiment from the company's robust cash flow and aggressive buyback program, alongside this new development.