BHP vs Newmont
This page compares BHP and Newmont, examining their business models, financial performance, and market context to explain core differences. It presents neutral, accessible information about each company's strategy and position within the global resources sector, without endorsements or recommendations. Educational content, not financial advice.
This page compares BHP and Newmont, examining their business models, financial performance, and market context to explain core differences. It presents neutral, accessible information about each compa...
Why It's Moving
BHP surges to new highs on upgraded copper guidance and robust production momentum.
- Upgraded copper production guidance for key assets like Escondida and Antamina, signaling stronger output potential amid rising demand.
- Achieved record-high 1st half iron ore production and shipments, bolstering confidence in core operations.
- Struck $2B infrastructure deal with BlackRock-owned GIP to fast-track growth projects by FY26 end.
Newmont Surges on Record Gold Prices and Bullish Analyst Upgrades Ahead of Key Earnings.
- Bank of America hiked its price target to $129 from $114 on January 19, citing intensified macro drivers pushing gold higher and expecting robust Q4 capital returns.
- Stock jumped 6.8% recently on record gold prices and gains from Tier 1 portfolio projects like Ahafo North, with analysts praising disciplined capital allocation and non-core divestitures.
- Raymond James raised its target to $111 in late December, spotlighting Newmont's lower-risk assets, profitability surge, and dividend strength in the gold boom.
BHP surges to new highs on upgraded copper guidance and robust production momentum.
- Upgraded copper production guidance for key assets like Escondida and Antamina, signaling stronger output potential amid rising demand.
- Achieved record-high 1st half iron ore production and shipments, bolstering confidence in core operations.
- Struck $2B infrastructure deal with BlackRock-owned GIP to fast-track growth projects by FY26 end.
Newmont Surges on Record Gold Prices and Bullish Analyst Upgrades Ahead of Key Earnings.
- Bank of America hiked its price target to $129 from $114 on January 19, citing intensified macro drivers pushing gold higher and expecting robust Q4 capital returns.
- Stock jumped 6.8% recently on record gold prices and gains from Tier 1 portfolio projects like Ahafo North, with analysts praising disciplined capital allocation and non-core divestitures.
- Raymond James raised its target to $111 in late December, spotlighting Newmont's lower-risk assets, profitability surge, and dividend strength in the gold boom.
Investment Analysis
BHP
BHP
Pros
- BHP reported strong financial performance in 2025 with resilient returns supported by safe operations and rigorous cost control.
- The company is a global diversified miner with major assets including Pilbara iron ore and Escondida copper, enhancing its resource base.
- BHP offers a solid dividend yield near 5.4%, reflecting attractive shareholder returns and capital discipline.
Considerations
- Revenue declined by almost 8% in 2025 compared to the previous year, indicating recent top-line pressure.
- BHP's nickel business is currently on care and maintenance due to low nickel prices, reducing commodity diversification.
- The stock trades below its historical 52-week range highs, and has a medium uncertainty economic moat rating, reflecting competitive challenges.
Newmont
NEM
Pros
- Newmont is the world's largest gold miner with a goal to increase production to 6 million ounces annually by 2028, supporting growth potential.
- The company has robust financial health and a track record of returning value through dividends and share buybacks.
- Newmont operates globally with diversified assets in multiple countries, reducing geographical and operational risk.
Considerations
- Newmont currently faces challenges in rebuilding investor confidence amid market skepticism about gold price sustainability.
- Its valuation metrics indicate a relatively higher price-to-earnings and price-to-sales ratio compared to sector averages, suggesting limited valuation upside.
- There is considerable tactical risk due to reliance on volatile gold prices and operational exposure in politically sensitive regions.
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BHP (BHP) Next Earnings Date
BHP Group's next earnings date is 17 February 2026 at approximately 8:00 AM Melbourne time, as per the company's official financial calendar. This report will cover results for the half year ended 31 December 2025. Third-party estimates vary slightly around mid-February, aligning with BHP's historical H1 reporting pattern.
Newmont (NEM) Next Earnings Date
Newmont Corporation (NEM) is expected to report its next earnings on February 19, 2026, covering the Q4 2025 fiscal quarter ending December 2025. This date aligns with analyst estimates and the company's historical late-February pattern for year-end results. The earnings release and conference call are anticipated after market close, with details subject to official confirmation.
BHP (BHP) Next Earnings Date
BHP Group's next earnings date is 17 February 2026 at approximately 8:00 AM Melbourne time, as per the company's official financial calendar. This report will cover results for the half year ended 31 December 2025. Third-party estimates vary slightly around mid-February, aligning with BHP's historical H1 reporting pattern.
Newmont (NEM) Next Earnings Date
Newmont Corporation (NEM) is expected to report its next earnings on February 19, 2026, covering the Q4 2025 fiscal quarter ending December 2025. This date aligns with analyst estimates and the company's historical late-February pattern for year-end results. The earnings release and conference call are anticipated after market close, with details subject to official confirmation.
Which Baskets Do They Appear In?
Inflation Hedge Basket
Looking to protect your money from rising prices? This collection features companies that own real, physical assets from gold mines to global infrastructure. Professional analysts have selected these stocks specifically for their ability to maintain and potentially increase in value during inflationary periods.
Published: June 17, 2025
Explore BasketWhich Baskets Do They Appear In?
Inflation Hedge Basket
Looking to protect your money from rising prices? This collection features companies that own real, physical assets from gold mines to global infrastructure. Professional analysts have selected these stocks specifically for their ability to maintain and potentially increase in value during inflationary periods.
Published: June 17, 2025
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