Tom Palmer, Newmont's President and CEO, discusses the company's performance in 2024, highlighting a successful divestiture program raising $3.9 billion and the completion of the Newcrest acquisition. Palmer speaks with Kitco’s Senior Mining Editor and Anchor Paul Harris on the sidelines of the Future Minerals Forum in Riyadh, Saudi Arabia.
Key points:

• The current gold market and the importance of cost control in the industry
• The integration process, synergy achievements, and management restructure to support a streamlined, more focused portfolio for 2025
• Newmont's cost reduction strategies and future plans, including project milestones and maintaining a competitive dividend
• Newmont's ability to enhance margins and achieve its goals

Special thanks to our sponsor, the Future Minerals Forum (FMF), for making this coverage possible. Visit https://www.futuremineralsforum.com/ to learn more.

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00:00 Welcome to the Future Minerals Forum
00:25 Insights from Tom Palmer, CEO of Newmont
01:54 Newmont's Performance and Strategic Moves
04:34 Financial Strategies and Divestment Success
05:40 Future Plans and Cost Management
08:50 Newmont's Global Operations and Strategy
11:50 Looking Ahead: Goals for 2025

MiningIndustry #FutureMineralsForum #Newmont #GoldMining #TomPalmer #GoldPrice #MineralFinancing #SaudiArabia

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