ASX:NEM

ASX Biggest Gainers

Here are the 10 ASX-listed companies with the biggest gains on Monday.Elevra Lithium (ASX:ELV): +7%, AU$12.92Newmont (ASX:NEM): +6%, AU$166.42IGO (ASX:IGO): +5%, AU$7.39Pilbara Minearls (ASX:PLS): +3%, AU$5.99Breville Group (ASX:BRG): +2%, AU$31.53Evolution Mining (ASX:EVN): +2%, AU$13.08Greatland Resources (ASX:GGP): +2%, AU$14.23Life360 (ASX:360): +1%, AU$21.23Sandfire Resources (ASX:SFR): +1%, AU$17.34Mineral Resources (ASX:MIN): +1%, AU$60.24

Newmont Shares Soar Despite Decline in Gold Prices Recover Losses

Newmont's (ASX:NEM) shares soared over 6% in recent trading on Monday, while those of Evolution Mining (ASX:EVN) gained over 1%, as gold prices recovered losses.Spot gold recovered to $4,707.75 per ounce, ​after falling 0.8% earlier in the session. The precious metal declined 2.5% in the previous week.Shares of Northern Star Resources (ASX:NST) were almost flat.

Australian Shares Flat; Suncorp Group Enters AU$2.4 Billion Reinsurance Deal

Australian shares were flat, with a negative bias, at Friday's close as markets faced uncertainty while the deadlock between the US and Iran continued in the Middle East.The S&P/ASX 200 Index was little changed to close at 8,786.50.Brent crude oil futures gained 1.2% to reach $106.3 per barrel. The Strait of Hormuz continued to be closed, and the US said it had carried out a "maritime interdiction" on an Iran-linked tanker.US President Donald Trump ordered the Navy to "shoot and ​kill" Iranian boats laying mines in the waterway.On the domestic front, Australia's trimmed mean inflation expectedly rose 0.9% quarter-on-quarter in the first quarter of the year, with a 3.6% year-on-year increase, according to a report by ANZ. The bank expects that the consumer price inflation rose 1.4% quarter on quarter and 4.1% year-on-year.The divergence between headline and trimmed mean inflation partly reflects the impact of higher fuel prices in March, the report added.In company news, Suncorp Group (ASX:SUN) has struck a reinsurance cover deal providing it with AU$800 million of protection annually and up to AU$2.4 billion in total protection over the agreement's five-year term. The agreement is effective June 30 and includes protection previously provided by Suncorp's existing dropdown arrangements below AU$350 million. Its shares rose over 4% on market close.Newmont (ASX:NEM) reported first-quarter adjusted earnings of $2.90 per share, up from $1.25 a year earlier. Sales for the three months ended March 31 reached $7.31 billion, compared with $5.01 billion a year earlier. Its shares closed up 1%.Lastly, Fortescue (ASX:FMG) reported total iron ore shipments of 48.4 million wet metric tonnes (wmt) during the third quarter ended March 31. The company recorded iron ore shipments of 46.1 million wmt for the quarter ended March 31, 2025. Its shares were down over 5% on market close.

ASX Preview: Australian Shares to Fall as Oil Prices Surge on Escalating Middle East Tensions; Newmont Posts Higher Q1 Adjusted Earnings, Sales

Australian shares are poised to fall on Friday as oil prices surge amid renewed tensions in the Middle East, including reports of military activity near Tehran and growing fears of disruption in the Strait of Hormuz.Broader risk sentiment is also under pressure due to uncertainty over the Israel-Lebanon ceasefire extension and continued clashes in southern Lebanon.Overnight, the S&P 500 and the Dow Jones Industrial Average each fell 0.4%, while the Nasdaq Composite declined 0.9%.In the macroeconomy, investors are eyeing the release of Australia's consumer price index report next week.In corporate news, Newmont (ASX:NEM) reported Friday first-quarter adjusted earnings of $2.90 per share on revenue of $7.31 billion, compared with adjusted earnings of $1.25 on revenue of $5.01 billion a year earlier.Fortescue (ASX:FMG) reported total iron ore shipments of 48.4 million wet metric tonnes for the quarter ended March 31, up from 46.1 million wet metric tonnes in the year-earlier period.Australia's benchmark index fell 0.6% or 50.2 points to close at 8,793.40 on Thursday.

Newmont Posts Higher Q1 Adjusted Earnings, Sales

Newmont (ASX:NEM) reported Friday first-quarter adjusted earnings of $2.90 per share, up from $1.25 a year earlier.Analysts polled by FactSet expected earnings of $2.18.Sales for the three months ended March 31, was $7.31 billion, compared with $5.01 billion a year earlier. Analysts surveyed by FactSet expected $6.57 billion.The board declared a quarterly dividend of $0.26 per share, up from $0.25 a year earlier, payable June 22 to shareholders on record as of May 27.

Newmont Posts Q1 Adjusted EPS of $2.90, Sales of $7.31 Billion

Newmont Says New South Wales Operation Sustain No Significant Damage After Earthquake

Newmont (ASX:NEM) said there were no injuries at its Cadia operation in New South Wales after a magnitude 4.5MLa earthquake struck the area, and inspections indicated that there was damage to certain underground areas, but it was not significant, according to a Friday Australian bourse filing.All safety protocols were activated immediately at the time of the earthquake, and underground personnel were moved to designated safe areas. All workers safely returned to the surface over the following hours.No damage was identified at surface infrastructure, including tailings facilities and dams. Based on current assessments, near-term production is not expected to be impacted.

Newmont Suspends Underground Operations at New South Wales Site After Seismic Activity

Newmont (ASX:NEM) suspended underground operations while inspections and assessments are underway after a 4.5-magnitude earthquake near its Cadia site in New South Wales, according to a Wednesday filing with the Australian bourse.All underground personnel were safely accounted for and returned above ground, with no reported injuries, the filing said.Shares rose nearly 2% in midday trade Wednesday.