Newmont — Apr 23, 2025 release
Fiscal 2025 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001164727-25-000018
Showing in the filing
Reclamation spend
“$800 million”
Period
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
In the first quarter of 2025, Newmont spent $95 million on reclamation activities, including $50 million on the construction of water treatment plants at Yanacocha which is expected to continue to increase each quarter through the year with the fourth quarter planned to be the highest of the year. The Company remains on track to spend $800 million on reclamation for the full year, inclusive of $600 million allocated to the Yanacocha water treatment plants. Additional updates on reclamation spend will be provided as available. NEWMONT FIRST QUARTER 2025 RESULTS | NEWS RELEASE 7 2024 2025 Operating Results Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 YTD Attributable Sales (koz) Attributable gold ounces sold (1) 1,581 1,528 1,551 1,811 6,471 1,430 1,430 Average Realized Price ($/oz, $/lb) Average realized gold price $ 2,090 $ 2,347 $ 2,518 $ 2,643 $ 2,408 $ 2,944 $ 2,944 Average realized copper price $ 3.72 $ 4.47 $ 4.31 $ 3.57 $ 4.00 $ 4.65 $ 4.65 Average realized silver price $ 20.41 $ 26.20 $ 25.98 $ 25.15 $ 24.13 $ 30.12 $ 30.12 Average realized lead price $ 0.92 $ 1.05 $ 0.86 $ 0.86 $ 0.91 $ 0.89 $ 0.89 Average realized zinc price $ 0.92 $ 1.31 $ 1.14 $ 1.21 $ 1.14 $ 1.13 $ 1.13 Attributable Gold Production (koz) Boddington 142 147 137 164 590 126 126 Tanami 90 99 102 117 408 78 78 Cadia 122 117 115 110 464 103 103 Lihir 181 141 129 163 614 164 164 Ahafo 190 184 213 211 798 205 205 Peñasquito 45 64 63 127 299 123 123 Cerro Negro 81 19 60 78
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.