Newmont stock price slides after precious-metals sell-off; Tanami halt adds fresh risk
New York, Feb 5, 2026, 21:28 EST — Market closed.
- Newmont tumbled, dragged down by a sharp drop in gold and silver prices.
- The miner announced it has halted operations at its Tanami site following a fatal incident.
- Attention now turns to bullion’s path, upcoming U.S. jobs figures, and Newmont’s earnings due on Feb. 19.
Shares of Newmont Corp ended Thursday roughly 7% lower, settling at $108.53. The stock bounced sharply throughout the day, ranging from $103.53 up to $115.55, amid a choppy pullback in the precious-metals sector.
This matters because miners are vulnerable to sharp gold price drops. When bullion falls abruptly, investors often slash near-term margins and cash flow estimates before companies…
