Newmont Sees Boost in First-Quarter Earnings Thanks to Gold Prices, Goldcorp Acquisition

Newmont Corporation (NYSE:NEM) (Greenwood Village, CO), known as the world's leading gold miner, announced on May 5 its first-quarter net income was $822 million, compared with $87 million the year prior -- a roughly 844% increase -- largely due to surging gold prices and its acquisition of Goldcorp in early 2019.