Newmont Corp. (NYSE: NEM), the world’s largest gold miner, said Monday that chief executive Tom Palmer will retire later this year, with chief operating officer Natascha Viljoen set to take over on January 1, 2026.
Palmer, who took the top job in October 2019, said it was the right time to step aside after nearly 40 years in the mining industry, including 12 with Newmont.
Viljoen joined Newmont in 2023 after leading Anglo American Platinum, now Valterra, and serving on Anglo American’s Group Management Committee.
The leadership change announcement comes on the same day Barrick Mining (TSX: ABX; NYSE: G) disclosed the sudden resignation of its CEO, Mark Bristow, who had led the Canadian miner since its 2019 merger with Randgold Resources.
BMO analysts do not view the leadership change at Newmont as especially surprising given Natascha’s recent promotion to president. They also believe…
