Fund managers including L1 Capital, Endeavor Asset Management, Blackwattle Investment Partners, Milford Asset Management, Oracle Advisory Group, Allan Gray, Clime Investment Management, Alliance Bernstein, PM Capital, Tyndall Asset Management, Firetrail Investments, Pendal Group, Ten Cap, Sterling Managed Investments, First Sentier Investors, Perennial Partners, Alphinity Investment Management, Paradice Investment Management, Perpetual Asset Management, First Samuel and Ralton Asset Management have invested in Newmont Corporation CDI (ASX:NEM).

Managers highlight the resolution with Barrick and the addition of the Fourmile discovery to the Nevada joint venture, stable production and free cash flow, and strong gold prices supported by central bank reserve diversification and US Treasury bond buybacks, according to Ralton. Alliance Bernstein believes Newmont is well positioned over the medium term given its diversified asset base.

Alliance Bernstein notes gold equities can fall sharply when the gold price drops on higher US yields and a stronger US dollar, which hurt performance earlier in 2026. Pendal also observed rising diesel prices as a cost pressure, though costs remained in line.

Newmont Corp. is a gold mining company founded in 1921 and headquartered in Denver, Colorado. The firm focuses on the exploration and acquisition of properties containing gold, alongside copper, silver, lead, and zinc. Newmont maintains global operations across several key geographical segments, including Canada, Mexico, Suriname, Argentina, Peru, Australia, Papua New Guinea, Ghana, and the United States.