Newmont Corporation is the world’s leading gold mining company and producer of copper, silver, zinc and lead. The Company has operations and/or assets in the North America, Africa, Australia, Latin America and Caribbean, and Papua New Guinea.

A securities fraud class action lawsuit was recently filed against Newmont and three of its Officers. In the complaint, it is alleged that Newmont Corporation (NYSE: NEM), through certain of its officers, provided investors with material information concerning Newmont’s full year 2023 fiscal results and financial outlook for 2024 outlook which was based in material part on Defendants’ goal to deliver higher grades of gold production as well as copper, silver, lead, zinc and molybdenum from a global, diversified Tier 1 portfolio, improve mining operations and cost profile to provide a steady production volume and lower all-in sustaining costs at its Tier 1 operations.

The underlying securities fraud class action complaint alleges that the Company, via certain of its officers, provided these overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning Newmont’s ability to deliver increased gold production at its Tier 1 operations, specifically, Lihir and Brucejack, in addition to lowering overall costs throughout its mining operations.

If you acquired Newmont shares prior to February 22, 2024, and still hold shares today, you are encouraged to contact Joshua Grabar at [email protected], or call 267-507-6085.  You may be able to seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to you whatsoever.