Newmont — Feb 19, 2026 release
Fiscal 2025 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001164727-26-000009
Showing in the filing
Red Chris - Gold Production (Koz)
“35”
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
(9) Gold Managed Lihir $ 755 $ 15 $ 10 $ — $ (3) $ — $ 159 $ 936 582 $ 1,607 $ — $ — $ 936 $ 1,607 Cadia 324 2 3 — — 4 152 485 384 $ 1,253 449 (885) 49 $ 135 Tanami 429 5 6 — — — 221 661 385 $ 1,716 — — 661 $ 1,716 Boddington 685 21 3 — — 3 122 834 550 $ 1,514 153 (258) 729 $ 1,321 Ahafo South (10) 825 13 9 — 3 — 154 1,004 672 $ 1,494 — — 1,004 $ 1,494 Ahafo North (10) 31 — — — — — 9 40 58 $ 696 — — 40 $ 696 Merian 373 8 16 — — 1 60 458 238 $ 1,921 — — 458 $ 1,921 Cerro Negro 312 9 1 — 3 — 110 435 196 $ 2,220 — — 435 $ 2,220 Yanacocha 411 42 3 — 32 — 10 498 517 $ 964 — — 498 $ 964 Peñasquito 389 13 — 1 — 22 48 473 422 $ 1,120 1,080 (1,927) (374) $ (889) Red Chris 82 3 1 — 1 (1) 20 106 61 $ 1,750 214 (295) 25 $ 398 Brucejack 344 5 19 — — 2 104 474 235 $ 2,020 — — 474 $ 2,020 Non-managed Nevada Gold Mines 1,343 17 10 10 16 6 237 1,639 1,006 $ 1,629 — — 1,639 $ 1,629 Corporate and Other (11) — — 81 307 41 — 19 448 — $ — 82 — 530 $ — Divested (12) CC&V 39 2 — — — — 5 46 27 $ 1,684 — — 46 $ 1,684 Musselwhite 33 1 — — — — 14 48 32 $ 1,531 — — 48 $ 1,531 Porcupine 79 3 1 — 1 — 25 109 60 $ 1,810 — — 109 $ 1,810 Éléonore 54 1 2 — — — 12 69 49 $ 1,403 — — 69 $ 1,403 Akyem 107 5 — — — — 8 120 45 $ 2,664 — — 120 $ 2,664 Total Gold 6,615 165 165 318 94 37 1,489 8,883 5,519 $ 1,609 1,978 (3,365) 7,496 $ 1,358 Gold equivalent ounces - other metals (13) (14) Managed Cadia 301 2 2 — — 3 141 449 370 $ 1,230 Boddington 127 3 — — — — 23 153 109 $ 1,397 Peñasquito (15) 873 26 — 2 — 69 110 1,080 820 $ 1,318 Red Chris 169 6 2 — 2 (2) 37 214 126 $ 1,692 Corporate and Other (11) — — 16 62 2 — 2 82 — $ — Total Gold Equivalent Ounces 1,470 37 20 64 4 70 313 1,978 1,425 $ 1,392 Consolidated $ 8,085 $ 202 $ 185 $ 382 $ 98 $ 107 $ 1,802 $ 10,861 ____________________________ (1) Excludes Depreciation and amortization and Reclamation and remediation . (2) Includes by-product credits of $328. (3) Includes stockpile, leach pad, and product inventory adjustments of $3 at Cerro Negro and $24 at NGM. (4) Includes operating accretion of $120, included in Reclamation and remediation , and amortization of asset retirement costs $82; excludes accretion and reclamation and remediation adjustments at former operating properties that have entered the closure phase and have no substantive future economic value of $194 and $(65), respectively, included in Reclamation and remediation . (5) Excludes development expenditures of $8 at Cadia, $4 at Tanam
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.