tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Newmont Mining Announces CEO Retirement and Successor

Story Highlights
Newmont Mining Announces CEO Retirement and Successor

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Newmont Mining ( (NEM) ) just unveiled an announcement.

On September 29, 2025, Newmont Corporation announced the retirement of CEO Tom Palmer, effective December 31, 2025, and the appointment of Natascha Viljoen as his successor, effective January 1, 2026. Palmer, who has been with Newmont for over a decade, will continue as a Strategic Advisor until March 31, 2026, to ensure a smooth transition. Viljoen, who joined Newmont in 2023, brings over 30 years of global mining experience and will be the first woman to lead the company. This leadership change is part of Newmont’s long-term succession planning and is expected to continue the company’s focus on operational excellence and value creation.

The most recent analyst rating on (NEM) stock is a Buy with a $105.00 price target. To see the full list of analyst forecasts on Newmont Mining stock, see the NEM Stock Forecast page.

Spark’s Take on NEM Stock

According to Spark, TipRanks’ AI Analyst, NEM is a Outperform.

Newmont Mining’s overall stock score reflects its strong financial performance and positive earnings call, which are slightly offset by technical indicators suggesting overbought conditions and a modest valuation score. The company’s robust cash flow and strategic initiatives support a solid outlook, despite operational challenges.

To see Spark’s full report on NEM stock, click here.

More about Newmont Mining

Newmont is the world’s leading gold company and a producer of copper, zinc, lead, and silver. The company boasts a world-class portfolio of assets in favorable mining jurisdictions across Africa, Australia, Latin America & Caribbean, North America, and Papua New Guinea. Newmont is the only gold producer listed in the S&P 500 Index and is recognized for its environmental, social, and governance practices.

Average Trading Volume: 11,094,300

Technical Sentiment Signal: Buy

Current Market Cap: $93.64B

See more data about NEM stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1