Newmont Corporation (NEM) achieved record quarterly free cash flow of $2.8 billion in Q4 2025, nearly doubling year-over-year. For the full year, free cash flow reached $7.3 billion, a 62% increase from the prior year, driven by a 44% rise in net cash from operating activities, which totaled $3.6 billion for the quarter and $10.3 billion for the year. The company anticipates continued strong cash flows into 2026, buoyed by favorable gold prices influenced by central bank buying and macroeconomic uncertainties.
Barrick Mining Corporation reported Q4 operating cash flows of $2.7 billion, a 13% increase year-over-year, with full-year operating cash flow up 71% to approximately $7.7 billion. Agnico Eagle Mines Limited reported a Q4 free cash flow of $1.3 billion, more than double the $570 million from the previous year, culminating in a record $4.4 billion for the full year, driven by robust operational performance and high gold prices.
