KBC Group NV Increases Stake in Newmont Corporation

The institutional investor added 18,940 shares to its position in the mining company.

Apr. 18, 2026 at 8:00am

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An extreme close-up of various heavy, metallic mining equipment and machinery, including gears, pipes, and other industrial components, conveying the scale and industrial nature of Newmont Corporation's gold mining operations.Newmont Corporation's vast network of mining equipment and infrastructure symbolizes the company's industrial might and long-term growth potential in the global gold market.Greenwood Village Today

KBC Group NV, an institutional investor, increased its stake in Newmont Corporation (NYSE:NEM) by 8.8% during the fourth quarter. The company now owns 235,271 shares of the basic materials company's stock, worth $23,492,000 at the end of the quarter.

Why it matters

This investment by KBC Group NV reflects the institutional investor's confidence in Newmont Corporation, one of the world's largest gold mining companies. The increase in stake suggests the investor sees growth potential in Newmont's operations and future performance.

The details

According to a disclosure with the Securities & Exchange Commission, KBC Group NV acquired an additional 18,940 shares of Newmont Corporation during the fourth quarter. This brought the institutional investor's total holdings in the company to 235,271 shares.

  • The stake increase occurred during the fourth quarter of the year.
  • KBC Group NV's holdings in Newmont Corporation were valued at $23,492,000 at the end of the quarter.

The players

KBC Group NV

An institutional investor that increased its stake in Newmont Corporation by 8.8% during the fourth quarter.

Newmont Corporation

A leading global gold mining company engaged in the exploration, development, processing and reclamation of gold properties.

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The takeaway

This investment by KBC Group NV highlights the institutional confidence in Newmont Corporation's growth potential as a major player in the global gold mining industry. The increase in stake suggests the investor sees long-term value in Newmont's operations and future performance.