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Companies / Newmont / Filing

Newmont — Feb 19, 2026 release

Fiscal 2025 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001164727-26-000009
Open on SEC.gov ↗
Showing in the filing
Attributable Gold Production (Moz) - Managed Portfolio
“3,915”
Period
FY2026
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 109
Dividend declared for the fourth quarter of … for Q4 FY2025
“$0.26 per share”
Remaining share repurchase authorization
“$2.4 billion remains under the previously authorized programs of $6.0 billion”
Attributable production for 2026 for FY2026
“approximately 5.3 million gold ounces, including over 3.9 million gold ounces from Newmont's managed operations”
Sustaining capital spend for FY2026
“approximately $1.95 billion”
Development capital spend for FY2026
“approximately $1.4 billion”
Sustainable Through the Cycle Cash Dividend for the long term
“$1.1 billion per year”
Indicated Total Annualized Dividend
“$1.04 per share”
Minimum cash balance through the cycle for the long term
“$5 billion”
Yanacocha - Attributable Sustaining Capital … for FY2026
“10”
Red Chris - Copper 2026E Production (ktonne) for FY2026
“20”
Attributable Gold Production (Moz) - Managed… for FY2026
“3,915”
Attributable Gold Production (Moz) - Non-Man… for FY2026
“1,345”
Total Newmont Attributable Gold Production (… for FY2026
“5,260”
Brucejack - Gold Production (Koz) for FY2026
“260”
Gold By-Product CAS ($/oz) - Managed Portfolio for FY2026
“$965”
Total Newmont Gold By-Product CAS ($/oz) for FY2026
“$1,055”
Gold By-Product AISC ($/oz) - Managed Portfo… for FY2026
“$1,650”
Gold By-Product AISC ($/oz) - Non-Managed Po… for FY2026
“$1,775”
Nevada Gold Mines (NGM) - Gold By-Product AI… for FY2026
“$1,775”
Longer-term production outlook for the long term
“approximately 6 million ounces of gold and 150 thousand tonnes of copper annually”
Total Newmont Gold By-Product AISC ($/oz) for FY2026
“$1,680”
Sustaining Capital ($M) - Managed Portfolio for FY2026
“$1,660”
Sustaining Capital ($M) - Non-Managed Portfo… for FY2026
“$290”
Nevada Gold Mines (NGM) - Attributable Susta… for FY2026
“290”
Total Newmont Sustaining Capital ($M) for FY2026
“$1,950”
Development Capital ($M) - Managed Portfolio for FY2026
“$1,160”
Development Capital ($M) - Non-Managed Portf… for FY2026
“$240”
Nevada Gold Mines (NGM) - Attributable Devel… for FY2026
“240”
Total Newmont Development Capital ($M) for FY2026
“$1,400”
Capitalized Interest ($M) for FY2026
“$175”
Attributable Production Seasonality H1 2026E for H1 FY2026
“48%”
Sustaining Capital Seasonality H1 2026E for H1 FY2026
“48%”
Attributable Production Seasonality H2 2026E for H2 FY2026
“52%”
Sustaining Capital Seasonality H2 2026E for H2 FY2026
“52%”
Development Capital Seasonality H1 2026E for H1 FY2026
“45%”
Ahafo North - Attributable Sustaining Capita… for FY2026
“55”
Development Capital Seasonality H2 2026E for H2 FY2026
“55%”
Boddington Q1 2026 bushfire production impact for Q1 FY2026
“approximately 60 thousand ounces”
Copper Production (ktonne) for FY2026
“102”
Peñasquito silver production change for FY2026
“expected to increase silver production by more than 10 percent”
Exploration & Advanced Projects ($M) for FY2026
“$525”
Exploration expense estimate for FY2026
“$240 million dollars”
Advanced project spending estimate for FY2026
“approximately $285 million”
General & Administrative ($M) for FY2026
“$375”
Depreciation & Amortization ($M) for FY2026
“$2,815”
Reclamation and Remediation Accretion ($M) for FY2026
“$385”
Adjusted Tax Rate for FY2026
“33%”
Reclamation spend for FY2026
“approximately $850 million for the total portfolio and approximately $550 million on the Yanacocha water treatment plants”
Total estimated spend on Yanacocha water tre…
“approximately $1.8 billion”
Reclamation spend (return to normal levels) for FY2028
“$300 to $400 million”
Lihir - Gold Production (Koz) for FY2026
“560”
Brucejack - Gold By-Product CAS ($/oz) for FY2026
“$1,475”
Lihir - Gold By-Product AISC ($/oz) for FY2026
“$1,765”
Cadia - Gold By-Product CAS ($/oz) for FY2026
“$(180)”
Cadia - Gold By-Product AISC ($/oz) for FY2026
“$1,575”
Cadia - Copper 2026E Production (ktonne) for FY2026
“65”
Cadia gold production change for FY2026
“expected to decrease by approximately 30 percent in 2026”
Tanami - Gold Production (Koz) for FY2026
“365”
Tanami - Gold By-Product CAS ($/oz) for FY2026
“$1,250”
Tanami - Gold By-Product AISC ($/oz) for FY2026
“$2,145”
Boddington - Gold Production (Koz) for FY2026
“580”
Boddington - Gold By-Product CAS ($/oz) for FY2026
“$1,160”
Boddington - Gold By-Product AISC ($/oz) for FY2026
“$1,630”
Boddington - Copper 2026E Production (ktonne) for FY2026
“17”
Ahafo South - Gold Production (Koz) for FY2026
“440”
Ahafo South - Gold By-Product CAS ($/oz) for FY2026
“$1,830”
Ahafo South - Gold By-Product AISC ($/oz) for FY2026
“$2,160”
Ahafo North - Gold Production (Koz) for FY2026
“315”
Ahafo North - Gold By-Product CAS ($/oz) for FY2026
“$1,045”
Ahafo North - Gold By-Product AISC ($/oz) for FY2026
“$1,285”
Merian - Gold Production (Koz) for FY2026
“225”
Merian - Gold By-Product CAS ($/oz) for FY2026
“$1,480”
Merian - Gold By-Product AISC ($/oz) for FY2026
“$1,800”
Merian - Attributable Sustaining Capital ($M) for FY2026
“80”
Cerro Negro - Gold Production (Koz) for FY2026
“220”
Cerro Negro - Gold By-Product CAS ($/oz) for FY2026
“$1,430”
Cerro Negro - Gold By-Product AISC ($/oz) for FY2026
“$1,960”
Yanacocha - Gold Production (Koz) for FY2026
“460”
Yanacocha - Gold By-Product CAS ($/oz) for FY2026
“$1,070”
Yanacocha - Gold By-Product AISC ($/oz) for FY2026
“$1,170”
Peñasquito - Gold By-Product CAS ($/oz) for FY2026
“$(4,325)”
Peñasquito - Gold By-Product AISC ($/oz) for FY2026
“$(2,395)”
Peñasquito - Zinc 2026E Production (ktonne) for FY2026
“220”
Red Chris - Gold By-Product CAS ($/oz) for FY2026
“$1,390”
Red Chris - Gold By-Product AISC ($/oz) for FY2026
“$3,625”
Brucejack - Gold By-Product AISC ($/oz) for FY2026
“$2,085”
Pueblo Viejo 2026E Attributable Production (… for FY2026
“255”
Fruta Del Norte 2026E Attributable Productio… for FY2026
“155”
Lihir - Attributable Development Capital ($M) for FY2026
“140”
Cadia - Gold Production (Koz) for FY2026
“270”
Tanami - Attributable Sustaining Capital ($M) for FY2026
“270”
Cadia - Attributable Sustaining Capital ($M) for FY2026
“425”
Cadia - Attributable Development Capital ($M) for FY2026
“370”
Tanami - Attributable Development Capital ($M) for FY2026
“330”
Boddington - Attributable Sustaining Capital… for FY2026
“225”
Ahafo South - Attributable Sustaining Capita… for FY2026
“115”
Ahafo South - Attributable Development Capit… for FY2026
“10”
Merian - Consolidated Production (Koz) for FY2026
“300”
Peñasquito - Gold Production (Koz) for FY2026
“185”
Peñasquito - Attributable Sustaining Capital… for FY2026
“100”
Nevada Gold Mines (NGM) - Gold Production (K… for FY2026
“935”
Peñasquito - Silver 2026E Production (Moz) for FY2026
“32”
Peñasquito - Lead 2026E Production (ktonne) for FY2026
“90”
Cerro Negro - Attributable Development Capit… for FY2026
“120”
Ahafo North - Attributable Development Capit… for FY2026
“30”
Gold By-Product CAS ($/oz) - Non-Managed Por… for FY2026
“$1,400”
Nevada Gold Mines (NGM) - Gold By-Product CA… for FY2026
“$1,400”
Red Chris - Gold Production (Koz) for FY2026
“35”
Cerro Negro - Attributable Sustaining Capita… for FY2026
“95”
Exhibit 99.1 · the passage around this item
… earlier in the release
This method will better reflect the cost of gold production for Newmont's world-class polymetallic gold mines. Please see the cautionary statement and footnotes for additional information. PRODUCTION AND COST GUIDANCE Guidance Metric (+/-5%) 2026E Attributable Gold Production (Moz) Managed Portfolio 3,915 Non-Managed Portfolio 1,345 Total Newmont Attributable Gold Production (Moz) 5,260 Gold By-Product CAS ($/oz) (1) Managed Portfolio $965 Non-Managed Portfolio $1,400 Total Newmont Gold By-Product CAS ($/oz) (1) $1,055 Gold By-Product AISC ($/oz) (1) Managed Portfolio $1,650 Non-Managed Portfolio $1,775 Total Newmont Gold By-Product AISC ($/oz) (1)(2) $1,680 1 Presented on a consolidated basis and reflects an assumed metal price assumptions of Gold ($4,500/oz.), Copper ($5.00/lb.), Silver ($60.00/oz), Lead ($0.90/lb.) and Zinc ($1.30/lb.) and foreign exchange rates of AUD:USD ($0.70), CAS:USD ($0.75), and USD:MXN ($17.00) 2 For comparability, Gold Co-Product AISC for the Total Portfolio reconciles to approximately $1,935 per ounce As previously indicated on the third quarter 2025 earnings call, Newmont expects attributable gold production from its managed portfolio to be largely driven by planned mine sequencing at its large long-life assets. New, low cost ounces from the newly commissioned Ahafo North mine are expected to replace lower production from Ahafo South, as mining in the Subika open pit concluded as planned in 2025. Gold production at Peñasquito is expected to decrease a
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.