Newmont
-2.19 %
30.35 %
Yet to be announced
Company Overview
Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. As of December 31, 2021, it had proven and probable gold reserves of 92.8 million ounces and land position of 62,800 square kilometers.
Revenue Sources
PassBased on the company's financial statements and SEC filings, Newmont's primary revenue comes from mining and selling gold and copper, which are halal commodities. The company does not derive any significant revenue from haram sources like alcohol, gambling, or interest-based activities.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| March 31, 2025 | $5.01b | $2.76b | - | - | 0.00% | 0.00% |
| Dec. 31, 2024 | $5.65b | $3.69b | - | - | 0.00% | 0.00% |
| Sept. 30, 2024 | $4.61b | $3.48b | - | - | 0.00% | 0.00% |
| June 30, 2024 | $4.4b | $3.36b | - | - | 0.00% | 0.00% |
Looking at the financial data for the last four quarters, Newmont reports zero interest income and zero interest expense. While this seems unusual for a large corporation, the company may be reporting these figures differently in their financial statements. Without access to more detailed financial statements, we cannot make a definitive determination about the materiality of interest in their operations.
Operational Ethics
PassBased on available information from SEC filings and the company's public disclosures, there is no evidence of significant ongoing associations with entities involved in human rights violations. The company does not appear to have operations in Israel or direct ties to the Chinese Communist Party.
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