Newmont's Stock Climbs 0.50% Despite 169th Volume Rank as Mine Restart and Spending Plans Fuel Caution

Newmont (NEM) rose 0.50% on October 3, 2025, with a trading volume of $680 million, representing a 34.85% decline from the previous day's volume. The stock ranked 169th in trading activity among listed equities on the day.

Recent developments highlight strategic operational adjustments at the company. The firm announced the restart of its Boddington gold mine in Australia after a temporary shutdown for safety inspections. This move is expected to stabilize quarterly production forecasts, which had faced downward revisions earlier in the quarter due to unplanned outages. Analysts noted the resumption could offset near-term supply gaps in key markets.

Separately, Newmont reaffirmed its 2025 capital expenditure guidance despite ongoing inflationary pressures in mining equipment costs. The company emphasized disciplined spending, allocating 65% of its budget to organic expansion projects at existing assets. This approach aligns with its long-term strategy to prioritize cash flow generation over aggressive new mine development.

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