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Tocqueville buys $65.75M stake in Newmont Mining

What's the deal? Tocqueville Asset Management L.P. bought a new position in Newmont MiningDealroom has a profile for this one. Try Dealroom → during the second quarter of 2026, purchasing 703,903 shares valued at approximately $65.745 million. Newmont represented about 0.9% of Tocqueville's holdings and 0.07% of Newmont's outstanding shares, according to the fund's latest SEC disclosure.

Why it matters: The purchase adds to institutional ownership of the gold miner as Newmont reported second-quarter earnings of $2.10 per share, above the $2.05 consensus estimate, alongside $6.12 billion in revenue.

Read more: Ticker Report

Cover image: Boddington Gold Mine by Calistemon, via Wikimedia Commons, CC BY-SA 3.0.

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