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Newmont

Global gold and copper mining operator

Technician - Welder

Full-TimeUpdated
No salary listed
Mid, Senior
Lihir Island, New Ireland Province, Papua New Guinea
In PersonOnsite at the Lihir operation.
General Maintenance & RepairEquipment Maintenance

About the job

Requirements
  • Three to five years of relevant work experience in fixed-plant maintenance in heavy industry.
  • Familiarity with safe work procedures relevant to fabrication and welding activities.
  • Strong attention to detail, time management, and task prioritization skills.
  • Awareness of health, safety, and environmental requirements when identifying and resolving operational issues, with decisions aligned to legal obligations, HSE standards, and approved procedures.
  • Ability to communicate effectively with supervisors, maintenance teams, and stakeholders to gather accurate information, clarify requirements, and maintain situational awareness during routine and breakdown events.
  • Ability to prioritize and adjust work activities in response to changing conditions, balance competing demands, maintain schedule integrity, and support critical breakdown response.
  • Ability to identify operational problems early, work proactively toward timely resolution, escalate issues appropriately, and follow guidance from the immediate supervisor when required.
  • Trade certification in Metal Fabrication, Boilermaker, or Welder; NATTB certification.
  • Current welding certifications to AS/NZS or equivalent international standards.
  • Ability to work from engineering drawings, specifications, and welding procedures.
  • Proven experience with MMAW, GTAW, and GMAW/FCAW welding processes.
  • Ability to understand and weld to high-specification procedures compliant with WPS/PQR.
  • Exposure to and experience in welding exotic metals.
Responsibilities
  • Safely execute fabrication, welding, and repair activities on fixed-plant equipment in accordance with site safety standards, permits, and isolation procedures.
  • Interpret engineering drawings, specifications, and weld procedures (WPS/PQR) to plan and perform fabrication and welding tasks accurately.
  • Perform MMAW, GTAW, and GMAW/FCAW welding to a high standard, complying with applicable codes and site QA/QC requirements.
  • Conduct structural repairs, plate work, and component fabrication on plant equipment, including conveyors, chutes, tanks, pipework, and process infrastructure.
  • Control welding parameters, including heat input, interpass temperatures, and hydrogen management, to ensure weld integrity and prevent defects.
  • Complete work to meet inspection and testing requirements and achieve high pass rates across NDT methods, including RT, UT, MPI, and DPI.
  • Follow QA/QC processes, including documentation, traceability, inspection hold points, and quality verification throughout all stages of work.
  • Support shutdown, breakdown, and project work scopes by delivering timely, efficient, and high-quality fabrication outcomes.
  • Identify defects, risks, and improvement opportunities within plant equipment and contribute proactively to maintenance optimization and asset reliability.
  • Work collaboratively within a multidisciplinary and multicultural team while maintaining high standards of workmanship, safety, and productivity.
Desired Qualifications
  • A driving license is advantageous.

About the company

Newmont is a global mining company that extracts and processes gold and copper, with silver and other metals also produced. It discovers mineral resources, develops mines, and operates them to extract metals, which are then processed and sold to customers such as manufacturers, jewelers, and investors. It operates at a large global scale with a diversified metals portfolio, expanded by the Newcrest Acquisition, and it maintains a strong focus on sustainable practices and stakeholder engagement to support mine approvals. The goal is to grow its metal assets responsibly while ensuring safety, environmental stewardship, and a social license to operate across its worldwide operations.

Company Size

10,001+

Company Stage

IPO

Headquarters

Denver, Colorado

Founded

1916

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Simplify's Take

What believers are saying

  • Q2 2026 free cash flow hit a record $2.2 billion.
  • Lihir's nearshore barrier targets more than five million additional ounces from 2028.
  • Ahafo North reached commercial production in October 2025, adding 275,000-325,000 ounces annually.

What critics are saying

  • Cadia's September 2026 seismic disruptions still threaten Australian output and guidance stability.
  • Red Chris development costs already exceed Newcrest-era estimates, squeezing returns and budgets.
  • FAST-41 permitting at Spring Peak can delay Newmont's $40 million Stage 2 commitment.

What makes Newmont unique

  • Newmont is rationalizing assets, selling Chile projects and Nevada's Mule Canyon in 2026.
  • Its portfolio combines Boddington, Tanami, Ahafo North, Lihir, and Red Chris.
  • Q2 2026 liquidity near $13 billion supports aggressive capital allocation and buybacks.

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Benefits

  • Remote Work Options
  • Wellness Program
  • Commuter Benefits

Growth & Insights and Company News

6 month growth

17%

1 year growth

18%

2 year growth

18%
Yahoo Finance
Oct 27th, 2026
Dalio's debt "heart attack" warning: US debt tops $40T and gold nears $4,000

Ray Dalio's warning of a US debt "heart attack" looks more pressing 19 months on, and gold has so far rewarded those who heeded his advice. Speaking on Bloomberg's "Odd Lots" podcast in March 2025, the Bridgewater founder put the timing at "three years, give or take a year." US debt crossed $40 trillion in August 2026. Interest costs take about 3.3% of GDP, and in July the 30-year Treasury yield hit its highest level since 2007. Gold traded below $3,000 an ounce when Dalio spoke and is now near $4,000. Newmont, the largest gold miner, sold gold at an average $4,317 an ounce in the third quarter, against an all-in sustaining cost of $1,454. It reported adjusted earnings of $2.20 a share on revenue of $6.36 billion.

Yahoo Finance
Oct 24th, 2026
Newmont, DRDGOLD and Franco-Nevada lead gold stocks with net margins above 34%

Gold briefly traded above $5,000 earlier this year, putting miners with tight costs and clean balance sheets in focus. A Simply Wall St screen of gold stocks with net margins over 34% highlights three names. Newmont, with a market cap of $118.9 billion, is a large global gold miner. It aims to cut operating costs and lift margins through productivity gains at sites such as Lihir and Boddington. DRDGOLD recovers gold from surface mine tailings in South Africa. It posted a 38.1% net margin and 33.4% return on equity on ZAR 11,159 million of FY2026 sales; its market cap is $2.1 billion. Franco-Nevada, a Toronto-based royalty and streaming company, has a market cap of CA$62.7 billion. It earned about $2.0 billion from precious metals in 2026, as record gold prices lifted royalty revenue.

Yahoo Finance
Oct 23rd, 2026
Newmont's 223% three-year run looks fully valued, with DCF value below $114.11 share price

Newmont shares have returned 222.6% over three years, but a discounted cash flow (DCF) analysis suggests the gold miner may now be fully valued. The stock trades at $114.11, modestly above the model's estimated intrinsic value. The model starts from free cash flow of about $8.7 billion over the past twelve months. It assumes higher cash flow around 2027 before a return to more muted long-run trends. Newmont recently reported earnings per share of $2.20 and revenue of $6.4 billion. Hopes for a return to growth in 2027 may already be priced in, leaving little room for disappointment. Investor views differ. Bulls see the stock 17% undervalued, citing synergies from the Newcrest Mining acquisition. Bears see it 19% overvalued, warning of rising costs as reserves deplete.

The Motley Fool Australia
Oct 22nd, 2026
Newmont Corporation reports robust third-quarter result and higher profit.

Newmont Corporation reports robust third-quarter result and higher profit. Newmont posted higher quarterly profit and cash flow, lifted dividends, and flagged solid liquidity and new growth projects. Published October 23, 9:53 am AEDT The Newmont Corporation Ltd (ASX: NEM) share price is in focus after the world's leading gold miner reported an increase in quarterly sales to US$6.4 billion, up 15% from the prior year, and a 35% lift in net income attributable to shareholders. What did Newmont report? * Sales: US$6,363 million, up from US$5,524 million in Q3 2025 * Net income attributable to shareholders: US$2,475 million (Q3 2025: US$1,832 million) * Adjusted EBITDA: US$3,951 million, up 19% year on year * Adjusted EPS: US$2.20 per share (Q3 2025: US$1.71) * Dividend: US$0.26 per share, declared for the quarter * Free cash flow: US$7,261 million for the nine months to 30 September 2026 What else do investors need to know? Newmont finished the quarter with US$8.8 billion in cash and total liquidity of US$12.8 billion, providing a strong financial cushion. The company also repurchased US$5.2 billion of stock during the first nine months, underlining its focus on returning capital to shareholders. The quarter saw operational impacts from seismic activity at the Cadia mine, but production recovered in the third quarter. Portfolio-wise, Newmont struck a deal with Barrick Gold to contribute properties to the Nevada Gold Mines venture, with a US$1.95 billion cash payment expected in Q4. In Ghana, changes to the stability agreement and royalty rates kicked in after 31 December 2025, resulting in higher operating costs, especially with gold price movements. What did Newmont management say? President and Chief Executive Officer Natascha Viljoen said: Its strong result this quarter demonstrates Newmont's world-leading portfolio and disciplined capital allocation - delivering robust free cash flow and returning value to shareholders. What's next for Newmont Corporation? Looking ahead, Newmont expects to complete the contribution of new properties to Nevada Gold Mines in the fourth quarter, which should deliver a non-cash gain. The company continues to prioritise sustainability and project expansion, with major projects at Tanami in Australia, Cadia, and Red Chris among its near-term development focus. Management flagged ongoing inflationary pressures and sees continued volatility in input costs and commodity prices, though the company's robust balance sheet and liquidity provide flexibility. Share buybacks and consistent dividends remain key parts of Newmont's capital management approach. Newmont Corporation share price snapshot. Over the past 12 months, Newmont shares have risen 23%, outperforming the S&P/ASX 200 Index (ASX: XJO), which has declined 2% over the same period.

Business Wire
Oct 22nd, 2026
Newmont posts record Q3 adjusted net income of $2.3B and returns $1.9B to shareholders

Newmont Corporation reported record third-quarter adjusted net income of $2.3 billion, or $2.20 per diluted share. Net income was $2.5 billion, and adjusted EBITDA was $4.0 billion. The miner produced 1.3 million attributable gold ounces and generated $1.9 billion of free cash flow. Gold by-product all-in sustaining costs were $1,454 per ounce. It improved full-year cost guidance to $1,520 per ounce, and remains on track for its 5.3 million ounce production target. Since its last earnings call, Newmont returned $1.9 billion to shareholders through dividends and buybacks. It declared a dividend of $0.26 per share, payable on December 21, 2026. The company ended the quarter with $8.8 billion in cash. It plans a $1.95 billion payment to Barrick in the fourth quarter under an amended Nevada Gold Mines agreement.