HighGravityData
Companies / Newmont / Filing

Newmont — Oct 23, 2024 release

Fiscal 2024 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001164727-24-000057
Open on SEC.gov ↗
Showing in the filing
Gold CAS ($/oz)
“$1,050”
Period
Q4 FY2024
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 44
Gross divestiture proceeds
“at least $2 billion”
Share Repurchase Program Authorization
“$2 billion”
Attributable gold production for Q4 FY2024
“1.8 million gold ounces”
All-In Sustaining Cost (AISC) for Q4 FY2024
“$1,475 per ounce”
Gold AISC ($/oz) for Q4 FY2024
“$1,475”
Cadia Panel Caves gold reserves to be extrac…
“approximately 5.9 million ounces”
Cadia Panel Caves copper reserves to be extr…
“1.3 million tonnes”
PC2-3 gold production over cave life for FY2024
“1.0 million ounces”
PC2-3 copper production over cave life for FY2024
“more than 400 thousand tonnes”
PC2-3 peak annual gold production for FY2027–2032
“between 100 and 150 thousand ounces of gold per year”
PC2-3 peak annual copper production for FY2027–2032
“between 40 and 60 thousand tonnes of copper per year”
PC2-3 total capital cost
“between $1.0 and $1.2 billion”
PC2-3 development capital spend by Newmont for FY2026
“between $150 to $250 million”
PC1-2 gold production over cave life for FY2027
“4.0 million ounces”
PC1-2 copper production over cave life for FY2027
“more than 700 thousand tonnes”
PC1-2 peak annual gold production for FY2030–2040
“between 275 and 325 thousand ounces of gold per year”
PC1-2 peak annual copper production for FY2030–2040
“between 35 and 55 thousand tonnes of copper per year”
Reclamation spend for Q4 FY2024
“an additional $225 million”
Gold price assumption for Q4 FY2024
“$2,500/oz”
Attributable Gold Production (Koz) for Q4 FY2024
“1,800”
Gold CAS ($/oz) for Q4 FY2024
“$1,050”
Copper price assumption for Q4 FY2024
“$8,818/tonne”
Copper Production (ktonne) for Q4 FY2024
“35”
Copper CAS ($/tonne) for Q4 FY2024
“$4,900”
Copper AISC ($/tonne) for Q4 FY2024
“$7,500”
Silver price assumption for Q4 FY2024
“$28.00/oz”
Silver Production (Moz) for Q4 FY2024
“11”
Silver CAS ($/oz) for Q4 FY2024
“$9.00”
Silver AISC ($/oz) for Q4 FY2024
“$15.00”
Lead price assumption for Q4 FY2024
“$2,094/tonne”
Lead Production (ktonne) for Q4 FY2024
“28”
Lead CAS ($/tonne) for Q4 FY2024
“$970”
Lead AISC ($/tonne) for Q4 FY2024
“$1,500”
Zinc price assumption for Q4 FY2024
“$2,646/tonne”
Zinc Production (ktonne) for Q4 FY2024
“70”
Zinc CAS ($/tonne) for Q4 FY2024
“$1,200”
Zinc AISC ($/tonne) for Q4 FY2024
“$2,100”
Sustaining Capital ($M) for Q4 FY2024
“$550”
Development Capital ($M) for Q4 FY2024
“$320”
Exploration & Advanced Projects ($M) for Q4 FY2024
“$115”
General & Administrative ($M) for Q4 FY2024
“$110”
Interest Expense ($M) for Q4 FY2024
“$80”
Depreciation & Amortization ($M) for Q4 FY2024
“$700”
Adjusted Tax Rate for Q4 FY2024
“34%”
Exhibit 99.1 · the passage around this item
… earlier in the release
NEWMONT THIRD QUARTER 2024 RESULTS | NEWS RELEASE         4      Newmont's Fourth Quarter 2024 Outlook Please see the cautionary statement and footnotes for additional information. Guidance Metric Q4 2024 Gold ($2,500/oz price assumption) a Attributable Gold Production (Koz) 1,800 Gold CAS ($/oz) $1,050 Gold AISC ($/oz) $1,475 Copper ($8,818/tonne price assumption) a Copper Production (ktonne) a 35 Copper CAS ($/tonne) b $4,900 Copper AISC ($/tonne) b $7,500 Silver ($28.00/oz price assumption) a Silver Production (Moz) 11 Silver CAS ($/oz) b $9.00 Silver AISC ($/oz) b $15.00 Lead ($2,094/tonne price assumption) a Lead Production (ktonne) 28 Lead CAS ($/tonne) b $970 Lead AISC ($/tonne) b $1,500 Zinc ($2,646/tonne price assumption) a Zinc Production (ktonne) 70 Zinc CAS ($/tonne) b $1,200 Zinc AISC ($/tonne) b $2,100 Attributable Capital Sustaining Capital ($M) a $550 Development Capital ($M) a $320 Consolidated Expenses Exploration & Advanced Projects ($M) $115 General & Administrative ($M) $110 Interest Expense ($M) $80 Depreciation & Amortization ($M) $700 Adjusted Tax Rate c,d 34% a Co-product metal pricing assumptions in imperial units equate to Copper ($4.00/lb.), Lead ($0.95/lb.), and Zinc ($1.20/lb.). b Consolidated basis c The adjusted tax rate excludes certain items such as tax valuation allowance adjustments. d Assuming average prices of $2,500 per ounce for gold, $4.00 per pound for copper, $28.00 per ounce for silver, $0.95 per pound for lead, and $1.20 per pound for
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.