HighGravityDataNewmont — Oct 23, 2025 release
Fiscal 2025 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001164727-25-000044
Showing in the filing
Remaining share repurchase authorization
“$2.7 billion”
Period
No period stated
Measure
Declared action
Source
Prose
All guidance in this release · 42
Remaining share repurchase authorization
“$2.7 billion”
Attributable Gold Production (Moz) - Total C… for FY2025
“5.6”
Attributable Gold Production (Moz) - Non-Cor… for FY2025
“0.3”
Total Newmont Attributable Gold Production (… for FY2025
“5.9”
Attributable Gold Production (Koz) - Total C… for Q4 FY2025
“1,415”
Gold Co-Product CAS ($/oz) - Total Core Port… for FY2025
“$1,180”
Gold Co-Product CAS ($/oz) - Non-Core Assets for FY2025
“$1,450”
Total Newmont Gold CAS ($/oz) for FY2025
“$1,200”
Gold Co-Product CAS ($/oz) - Total Core Port… for Q4 FY2025
“$1,260”
Total Newmont Gold CAS ($/oz) for Q4 FY2025
“$1,260”
Gold Co-Product AISC ($/oz) - Total Core Por… for FY2025
“$1,620”
Gold Co-Product AISC ($/oz) - Total Core Por… for Q4 FY2025
“$1,670”
Gold Co-Product AISC ($/oz) - Non-Core Assets for FY2025
“$1,830”
Total Newmont Gold AISC ($/oz) for FY2025
“$1,630”
Total Newmont Gold AISC ($/oz) for Q4 FY2025
“$1,670”
Sustaining Capital ($M) - Total Core Portfolio for FY2025
“$1,650”
Sustaining Capital ($M) - Total Core Portfolio for Q4 FY2025
“$450”
Sustaining Capital ($M) - Non-Core Assets for FY2025
“$75”
Total Newmont Sustaining Capital ($M) for FY2025
“$1,725”
Development Capital ($M) - Total Core Portfo… for FY2025
“$1,250”
Development Capital ($M) - Total Core Portfo… for Q4 FY2025
“$350”
Development Capital ($M) - Non-Core Assets for FY2025
“$30”
Total Newmont Development Capital ($M) for FY2025
“$1,280”
Exploration & Advanced Projects ($M) for FY2025
“$450”
Exploration & Advanced Projects ($M) for Q4 FY2025
“$150”
General & Administrative ($M) for FY2025
“$390”
General & Administrative ($M) for Q4 FY2025
“$100”
Interest Expense ($M) for FY2025
“$255”
Interest Expense ($M) for Q4 FY2025
“$55”
Depreciation & Amortization ($M) for FY2025
“$2,600”
Depreciation & Amortization ($M) for Q4 FY2025
“$750”
Reclamation and Remediation Accretion ($M) for FY2025
“$350”
Reclamation and Remediation Accretion ($M) for Q4 FY2025
“$110”
Adjusted Tax Rate for Q4 FY2025
“33%”
Consolidated adjusted effective tax rate rel… for FY2025
“33%”
Attributable gold production for 2026 for FY2026
“within the same guidance range provided for 2025, but toward the lower end, due to the planned mine sequence at its managed operations”
Capital spending for 2026 for FY2026
“capital spending in 2026 is anticipated to increase as key projects advance, including the tailings work at Cadia and the potential expansion project at Red Chris, keeping the two-year average largely in line with expectations”
Coffee Project sale gross proceeds
“up to $150 million”
Total proceeds from announced divestiture tr…
“up to $4.9 billion”
Reclamation spend for FY2025
“$800 million”
Yanacocha water treatment plant spend (part … for FY2025
“up to $600 million”
Yanacocha water treatment plant spend for FY2026
“anticipates spend on the Yanacocha water treatment plants to be similar in 2026 before beginning to decline in 2027 when the project is expected to be completed”
Exhibit 99.1 · the passage around this item
… earlier in the release
As I prepare to retire at year-end, I am confident that Newmont is well positioned to continue delivering strong performance under Natascha Viljoen's leadership, as she assumes the role of Chief Executive Officer at the beginning of 2026." Q3 2025 Results ▪ Reported Net Income of $1.8 billion, Adjusted Net Income (ANI) 2 of $1.9 billion or $1.71 per diluted share, and Adjusted EBITDA 2 of $3.3 billion ▪ Produced 1.4 million gold ounces, as well as 35 thousand tonnes of copper, primarily from Newmont's core managed operations ▪ Improved Newmont's 2025 cost and capital guidance through continued progress on cost savings initiatives and a shift in the timing of capital spend; remain on track to meet Newmont's 2025 production and unit cost guidance 3 ▪ Received net cash proceeds of nearly $640 million from asset and equity sales, including the sale of shares in Orla Mining and Discovery Silver, the receipt of the Akyem contingent payment, and the sale of the Coffee project 4 ▪ In 2025, received more than $3.5 billion in net cash proceeds from announced transactions, including approximately $2.6 billion from divested assets and nearly $900 million from the sale of equity shares 5 ▪ Generated $2.3 billion of cash from operating activities, net of unfavorable working capital impacts of $286 million, primarily driven by the timing of cash collections; reported third-quarter record Free Cash Flow 2 of $1.6 billion ▪ Returned $823 million of capital to shareholders through share repurchases and dividend payments since the last earnings call 6 ; declared a dividend of $0.25 per share of common stock for the third quarter of 2025 ▪ Through the date of filing, Newmont has executed and settled total trades of common stock repurchases of $3.3 billion; $2.7 billion remains under the previously authorized programs of $6.0 billion 7 ▪ Reduced debt by $2 billion through the completion of a successful debt tender offer, ending the quarter in a near-zero net debt position with $5.6 billion of cash and $9.6 billion in total liquidity 8 ▪ Received credit rating upgrade by Moody's to A3 with a stable outlook, supported by Newmont's improved credit profile, strengthened balance sheet, excellent liquidity position, and prudent financial management ▪ Expect to declare commercial production at the Ahafo North project in Ghana by end of day on October 23, 2025, adding profitable gold production over an initial 13-year mine life 1 Newmont's Board of Directors declared a dividend of $0.25 per share of common stock for the third quarter of 2025, payable on December 22, 2025 to holders of record at the close of business on November 26, 2025. 2 Non-GAAP metrics; see reconciliations at the end of this release. 3 For further details see the 'Fourth Quarter and 2025 Guidance' section below, as well as the discussion of guidance and cautionary statement at the end of this release regarding forward-looking statements. 4 Net proceeds from asset and equity share sal
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.