Newmont — Apr 23, 2026 release
Fiscal 2026 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001164727-26-000017
Showing in the filing
Production Share of Total Attributable Production
“23 percent”
Period
Q2 FY2026
Measure
Company-defined measure
Source
Prose
All guidance in this release · 101
Additional Share Repurchase Authorization
“$6.0 billion”
Production for FY2026
“5.3 million attributable gold ounces”
Sustaining Capital Spend for FY2026
“$1.95 billion”
Sustainable Through the Cycle Cash Dividend … for the long term
“$1.1 billion per year”
Indicated Total Annualized Dividend
“$1.04 per share”
Development Capital Spend for FY2026
“$1.4 billion”
Net Cash Target for the long term
“$1 billion”
Net Cash Target Flexibility for the long term
“plus or minus $2 billion”
Minimum Cash Balance Target for the long term
“$5 billion”
2026E Attributable Gold Production - Managed… for FY2026
“3,915”
2026E Attributable Gold Production - Non-Man… for FY2026
“1,345”
2026E Total Newmont Attributable Gold Produc… for FY2026
“5,260”
Gold By-Product CAS ($/oz) (2) - Managed Por… for FY2026
“$965”
Gold By-Product CAS ($/oz) (2) - Non-Managed… for FY2026
“$1,400”
Total Newmont Gold By-Product CAS ($/oz) (2) for FY2026
“$1,055”
Gold By-Product AISC ($/oz) (2) - Managed Po… for FY2026
“$1,650”
Gold By-Product AISC ($/oz) (2) - Non-Manage… for FY2026
“$1,775”
Nevada Gold Mines (4) - Consolidated By-Prod… for FY2026
“1,775”
Total Newmont Gold By-Product AISC ($/oz) (2) for FY2026
“$1,680”
Merian (3) - Attributable Sustaining Capital… for FY2026
“80”
Sustaining Capital ($M) - Managed Portfolio for FY2026
“$1,660”
Sustaining Capital ($M) - Non-Managed Portfo… for FY2026
“$290”
Nevada Gold Mines (4) - Attributable Sustain… for FY2026
“290”
Total Newmont Sustaining Capital (3)(4) for FY2026
“$1,950”
Development Capital ($M) - Managed Portfolio for FY2026
“$1,160”
Development Capital ($M) - Non-Managed Portf… for FY2026
“$240”
Nevada Gold Mines (4) - Attributable Develop… for FY2026
“240”
Total Newmont Development Capital ($M) for FY2026
“$1,400”
Nevada Gold Mines (4) - Consolidated By-Prod… for FY2026
“1,400”
Copper Production (ktonne) for FY2026
“102”
Cerro Negro - Consolidated Production (Koz) for FY2026
“220”
Red Chris - Copper Production (ktonne) - Con… for FY2026
“20”
Exploration & Advanced Projects ($M) for FY2026
“$525”
General & Administrative ($M) for FY2026
“$375”
Depreciation & Amortization ($M) for FY2026
“$2,815”
Reclamation and Remediation Accretion ($M) for FY2026
“$385”
Adjusted Tax Rate (6) for FY2026
“33%”
Interest Expense ($M) (5) for FY2026
“$175”
Attributable Production Seasonality H1 2026E for H1 FY2026
“48%”
Sustaining Capital for 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 for FY2026
“45%”
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%”
Cerro Negro - Attributable Development Capit… for FY2026
“120”
Production Share of Total Attributable Produ… for Q2 FY2026
“23 percent”
Ghana Operations Gold AISC Impact
“approximately $185 per ounce”
Total Newmont Gold AISC Impact from Ghana Ch…
“approximately $25 per ounce”
Reclamation Spend - Total Portfolio for FY2026
“approximately $850 million”
Yanacocha Water Treatment Plant Spend for FY2026
“approximately $550 million”
Total Estimated Yanacocha Water Treatment Pl…
“approximately $1.8 billion”
Reclamation Spend Normalization for FY2028
“$300 to $400 million”
Lihir - Consolidated Production (Koz) for FY2026
“560”
Lihir - Consolidated By-Product CAS ($/oz) for FY2026
“1,475”
Lihir - Consolidated By-Product AISC ($/oz) … for FY2026
“1,765”
Lihir - Attributable Development Capital ($M) for FY2026
“140”
Cadia - Consolidated Production (Koz) for FY2026
“270”
Tanami - Attributable Sustaining Capital ($M) for FY2026
“270”
Cadia - Consolidated By-Product CAS ($/oz) for FY2026
“(180)”
Cadia - Consolidated By-Product AISC ($/oz) … for FY2026
“1,575”
Cadia - Attributable Sustaining Capital ($M) for FY2026
“425”
Cadia - Attributable Development Capital ($M) for FY2026
“370”
Tanami - Consolidated Production (Koz) for FY2026
“365”
Tanami - Consolidated By-Product CAS ($/oz) for FY2026
“1,250”
Tanami - Consolidated By-Product AISC ($/oz)… for FY2026
“2,145”
Tanami - Attributable Development Capital ($M) for FY2026
“330”
Boddington - Consolidated Production (Koz) for FY2026
“580”
Boddington - Consolidated By-Product CAS ($/… for FY2026
“1,160”
Boddington - Consolidated By-Product AISC ($… for FY2026
“1,630”
Ahafo North - Attributable Development Capit… for FY2026
“30”
Boddington - Attributable Sustaining Capital… for FY2026
“225”
Ahafo South - Consolidated Production (Koz) for FY2026
“440”
Ahafo South - Consolidated By-Product CAS ($… for FY2026
“1,830”
Ahafo South - Consolidated By-Product AISC (… for FY2026
“2,160”
Ahafo South - Attributable Sustaining Capita… for FY2026
“115”
Ahafo South - Attributable Development Capit… for FY2026
“10”
Ahafo North - Consolidated Production (Koz) for FY2026
“315”
Ahafo North - Consolidated By-Product CAS ($… for FY2026
“1,045”
Ahafo North - Consolidated By-Product AISC (… for FY2026
“1,285”
Merian (3) - Consolidated Production (Koz) for FY2026
“300”
Merian (3) - Attributable Production (Koz) for FY2026
“225”
Merian (3) - Consolidated By-Product CAS ($/… for FY2026
“1,480”
Merian (3) - Consolidated By-Product AISC ($… for FY2026
“1,800”
Cerro Negro - Consolidated By-Product CAS ($… for FY2026
“1,430”
Cerro Negro - Consolidated By-Product AISC (… for FY2026
“1,960”
Yanacocha - Consolidated Production (Koz) for FY2026
“460”
Yanacocha - Consolidated By-Product CAS ($/oz) for FY2026
“1,070”
Peñasquito - Attributable Sustaining Capital… for FY2026
“100”
Red Chris - Consolidated Production (Koz) for FY2026
“35”
Red Chris - Consolidated By-Product CAS ($/oz) for FY2026
“1,390”
Nevada Gold Mines (4) - Consolidated Product… for FY2026
“935”
Pueblo Viejo (5) - Attributable Production (… for FY2026
“255”
Fruta Del Norte (6) - Attributable Productio… for FY2026
“155”
Cadia - Copper Production (ktonne) - Consoli… for FY2026
“65”
Yanacocha - Attributable Sustaining Capital … for FY2026
“10”
Yanacocha - Consolidated By-Product AISC ($/… for FY2026
“1,170”
Boddington - Copper Production (ktonne) - Co… for FY2026
“17”
Cerro Negro - Attributable Sustaining Capita… for FY2026
“95”
Exhibit 99.1 · the passage around this item
… earlier in the release
Development capital spend is expected to be weighted 55 percent to the second half of 2026 driven primarily by the timing of significant work at the Lihir Nearshore Barrier starting in the second half of 2026. Second Quarter Commentary: Newmont expects to produce 23 percent of total attributable production in the second quarter of 2026, slightly below first quarter production. Unit costs are expected to be notably higher than the first quarter due to higher sustaining capital spend, lower silver production, and higher costs applicable to sales at Boddington, Tanami, Lihir and Peñasquito. Unit costs may also be impacted by higher oil prices and a full quarter of the increased Ghana royalty. Sustaining and development capital spend are expected to increase in the second quarter due to the planned timing of investment. ASSUMPTIONS AND SENSITIVITIES 1 Assumption Change (+/-) Revenue and Cost Impact ($M) (2) Gold ($/oz) $4,500 $100 $505 Australian Dollar $0.70 $0.05 $100 Canadian Dollar $0.75 $0.05 $30 Mexican Peso $17.00 $1.00 $25 Oil ($/bbl Brent) $70.00 $10.00 $60 Copper ($/tonne) (3) $11,023 $550 $60 Silver ($/oz) (4) $60.00 $1.00 $25 Lead ($/tonne) (3) $1,894 $220 $20 Zinc ($/tonne) (3) $2,866 $220 $50 1 2026 guidance projections are considered forward-looking statements and represent management’s good faith estimates or expectations of future production results as of February 19, 2026. Guidance is based upon certain assumptions, including, but not l
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.