HighGravityDataNewmont — Oct 23, 2024 release
Fiscal 2024 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001164727-24-000057
Showing in the filing
Silver AISC ($/oz)
“$15.00”
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
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 zinc and achievement of production, sales and cost estimates, Newmont estimates its consolidated adjusted effective tax rate re lated to continuing operations for the fourth quarter of 2024 will be 34%. NEWMONT THIRD QUARTER 2024 RESULTS | NEWS RELEASE 5 2023 2024
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.