NEW YORK, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the District of Colorado on behalf of all persons or entities who purchased or otherwise acquired Newmont Corporation ("Newmont" or the "Company") (NYSE: NEM) securities between February 22, 2024 and October 23, 2024, inclusive (the "Class Period"). The Complaint alleges that Defendants made false and/or misleading statements and/or failed to disclose that: (i) Defendants created the false impression that they possessed reliable information pertaining to Newmont's projected revenue outlook and ability to deliver growing gold and mineral production at its Tier 1 portfolio operations through mining and cost profile improvements; and (ii) Defendants provided the public with materially flawed statements of confidence and growth projections which did not account for these variables.