HighGravityData
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
Development Capital Seasonality H1 2026E
“45%”
Period
H1 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
Capitalized interest is expected to be $175 million in 2026, with approximately two-thirds related to development capital and one-third related to sustaining capital. 2026 SEASONALITY GUIDANCE Total Portfolio H1 2026E H2 2026E Attributable Production 48% 52% Sustaining Capital 48% 52% Development Capital 45% 55% NEWMONT FOURTH QUARTER AND FULL YEAR 2025 RESULTS & 2026 GUIDANCE | NEWS RELEASE     6      Attributable gold production in 2026 is expected to be approximately 52 percent weighted to the second half of the year. The increase in production in the second half of the year is expected to be driven by Boddington, Tanami, Lihir, Cerro Negro and Peñasquito while Cadia, Ahafo South and Merian are expecting to produce higher ounces from higher grades in the first half of the year. Ahafo North achieved commercial production in the fourth quarter of 2025 and production is expected to increase sequentially throughout 2026. Notably, Boddington has repaired the critical water infrastructure damaged by bushfires in December 2025. Through February, the site has been limiting processing activities due to water availability, but has now recommenced at full levels. As a result, production at Boddington is expected to be the lowest in the first quarter of 2026, with an expected impact of approximately 60 thousand ounces. Sustaining capital spend in 2026 is expected to be approximately 52 percent weighted to the second half of the year. The second and third quarters are expected to be higher due
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.