(AOF) – In the first quarter of 2024, Newmont’s sales amounted to $4.02 billion compared to $2.67 billion a year ago in the same period. Over the first three months of 2024, net income stood at $179 million compared to $363 million in the first quarter of 2023. Over this first quarter, adjusted EBITDA stood at $1.694 billion compared to $990 million. euros a year before. Over one year, free cash flow is still negative, going from 45 to 74 million dollars between the first quarter of 2023 and that of 2024.
“Newmont delivered excellent operational performance in the first quarter, producing 2.2 million gold equivalent ounces and generating over $1.4 billion in operating cash flow before changes in working capital,” said Newmont. said Tom Palmer, CEO of the group.
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