HighGravityDataNewmont — Apr 23, 2025 release
Fiscal 2025 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001164727-25-000018
Showing in the filing
Tier 1 Portfolio Production Share
“24 percent”
Period
Q2 FY2025
Measure
Company-defined measure
Source
Prose
All guidance in this release · 42
Quarterly Dividend Declared for Q1 FY2025
“$0.25”
Total Gross Proceeds from Divestiture Program
“up to $4.3 billion”
Reaffirmation for FY2025
“remains on track to meet its previously published 2025 guidance”
Attributable Gold Production (Moz) - Managed… for FY2025
“4.2”
Attributable Gold Production (Moz) - Non-Man… for FY2025
“1.4”
Attributable Gold Production (Moz) - Total T… for FY2025
“5.6”
Attributable Gold Production (Moz) - Non-Cor… for FY2025
“0.3”
Total Newmont Attributable Gold Production (… for FY2025
“5.9”
Gold CAS ($/oz) d - Managed Tier 1 Portfolio for FY2025
“$1,170”
Gold CAS ($/oz) d - Non-Managed Tier 1 Portf… for FY2025
“$1,240”
Gold CAS ($/oz) d - Total Tier 1 Portfolio for FY2025
“$1,180”
Gold CAS ($/oz) d - Non-Core Assets for FY2025
“$1,450”
Total Newmont Gold CAS ($/oz) d for FY2025
“$1,200”
Gold AISC ($/oz) d - Managed Tier 1 Portfolio for FY2025
“$1,630”
Gold AISC ($/oz) d - Non-Managed Tier 1 Port… for FY2025
“$1,555”
Gold AISC ($/oz) d - Total Tier 1 Portfolio for FY2025
“$1,620”
Gold AISC ($/oz) d - Non-Core Assets c for FY2025
“$1,830”
Total Newmont Gold AISC ($/oz) d for FY2025
“$1,630”
Sustaining Capital ($M) - Managed Tier 1 Por… for FY2025
“$1,530”
Sustaining Capital ($M) - Non-Managed Tier 1… for FY2025
“$270”
Sustaining Capital ($M) - Total Tier 1 Portf… for FY2025
“$1,800”
Sustaining Capital ($M) - Non-Core Assets c for FY2025
“$75”
Total Newmont Sustaining Capital ($M) for FY2025
“$1,875”
Development Capital ($M) - Managed Tier 1 Po… for FY2025
“$1,140”
Development Capital ($M) - Non-Managed Tier … for FY2025
“$160”
Development Capital ($M) - Total Tier 1 Port… for FY2025
“$1,300”
Development Capital ($M) - Non-Core Assets c for FY2025
“$30”
Total Newmont Development Capital ($M) for FY2025
“$1,330”
Exploration & Advanced Projects ($M) for FY2025
“$525”
General & Administrative ($M) for FY2025
“$475”
Interest Expense ($M) for FY2025
“$300”
Depreciation & Amortization ($M) f for FY2025
“$2,600”
Reclamation and Remediation Accretion ($M) g for FY2025
“$475”
Adjusted Tax Rate h,i for FY2025
“34%”
Attributable Production Seasonality (Total T… for FY2025
“48%”
Sustaining Capital for FY2025
“52%”
Development Capital for FY2025
“57%”
Development Capital Seasonality (Total Tier … for FY2025
“57%”
Tier 1 Portfolio Production Share for Q2 FY2025
“24 percent”
Reclamation spend for FY2025
“$800 million”
Yanacocha Water Treatment Plant Reclamation … for FY2025
“$600 million”
Share Repurchase Program Authorization
“$2.0 billion”
Exhibit 99.1 · the passage around this item
… earlier in the release
Development capital for the Total Tier 1 Portfolio is heavily weighted to the first half of 2025 with spend at Ahafo North expected to peak in the second quarter before declining each quarter for the remainder of the year as the project moves toward commercial production. Second Quarter Commentary: The second quarter of 2025 is expected to include 24 percent of Total Tier 1 Portfolio production in line with the first quarter. Second quarter attributable production from the Total Tier 1 portfolio is expected to be relatively in line with the previous quarter as expected production growth from the non-operated joint ventures, Cerro Negro, Brucejack and Boddington is offset by declines at Ahafo South and Cadia. Unit costs are expected to be similar to slightly higher than the first quarter due to higher sustaining capital spend. The second quarter will include limited high cost ounces from Porcupine and Akyem, reflecting production prior to the close of those transactions on April 15. Sustaining capital is expected to peak in the second quarter as planned investment ramps up. Compared to the previous quarter, second quarter free cash flow is expected to be adversely impacted by the divestment of the non-core assets, higher tax payments related to increased profitability in previous periods and taxes from the divestments, higher planned development capital at Ahafo North and Cadia, and the continued ramp-up of spending on construction of the Yanacocha water treatment facilities. a 2025 guidance projections are considered forward-looking s
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.