Newmont receives A3 credit rating from Moody's

Executive Summary

• Moody’s upgraded Newmont Corp.’s issuer credit rating to A3 from Baa1, with a stable outlook.
• The upgrade reflects an improved credit profile, stronger balance sheet, excellent liquidity and prudent financial management.
• Newmont reported Q2 2025 cash of $6.2 billion and total liquidity of $10.2 billion, underscoring its capacity to sustain dividends and share repurchases.

Key Details

• Moody’s rating change: A3 (up from Baa1), stable outlook.
• Drivers cited by Moody’s: reduced gross debt, strengthened balance sheet, robust liquidity, disciplined capital allocation.
• CEO Tom Palmer quote emphasizing “disciplined, balanced approach to capital allocation” and confidence in generating free cash flow across gold price scenarios.
• Q2 2025 financial snapshot: $6.2 billion consolidated cash; $10.2 billion total liquidity.
• Capital allocation priorities remain unchanged: maintain financial strength, reinvest in the business, deliver shareholder returns via regular dividends and share repurchases.

Notable Quotes

“The upgrade from Moody's underscores the strength of Newmont's balance sheet and our commitment to a disciplined, balanced approach to capital allocation,” – Tom Palmer, CEO, Newmont Corp.

All boilerplate company description and safe‑harbor language have been omitted.