Newmont

Newmont is the world's largest gold miner, with operations across the Americas, Africa, Australia and beyond, expanded further by its acquisition of rival Newcrest. Alongside gold it produces copper, silver and other metals, giving investors broad exposure to precious-metal prices through a single, geographically diversified producer. Newmont has a long history of paying dividends, but the amount flexes with the gold price and free cash flow rather than climbing every year. Its stated policy explicitly ties the payout to metal prices, so distributions can rise and fall meaningfully with the commodity cycle. The result is a moderate income profile, better regarded as a way to gain gold exposure than as a source of steady, predictable dividend growth.