Newmont reaffirms full-year 2026 production targets while outlining plans to unlock over 5 million ounces at Lihir starting 2028.
Newmont reported Q2 2026 gold production of 1.3 million ounces, alongside 17,000 tonnes of copper, reinforcing its full-year guidance. CEO Natascha Viljoen highlighted strong operational performance during the quarter.
The company confirmed its 2026 production outlook while detailing plans for the Lihir nearshore barrier project, which is expected to unlock over 5 million ounces of gold beginning in 2028. The project aims to enhance long-term output without disrupting current targets.
No immediate market reaction was disclosed in the earnings call summary.