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
Total Estimated Yanacocha Water Treatment Plant Spend
“approximately $1.8 billion”
Period
No period stated
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
Newmont anticipates 2026 spending of approximately $850 million for the total portfolio and approximately $550 million on the Yanacocha water treatment plants. Total estimated spend on the Yanacocha water treatment plants is approximately $1.8 billion, with $938 million spent to date. Once complete, total reclamation spend is expected to return to more normal levels of $300 to $400 million in 2028. Projects Update For details on Newmont’s key projects currently in execution, refer to the Company’s Fourth Quarter 2025 Earnings and 2026 Guidance press release, issued on February 19, 2026, and available on Newmont.com. Additional project updates will be provided as they become available. Please refer to the cautionary statement and footnotes for further information. NEWMONT FIRST QUARTER 2026 RESULTS | NEWS RELEASE 7 2026 Site Guidance as of February 19, 2026 2026 Guidance (+/- 5%) (1) Consolidated Production (Koz) Attributable Production (Koz) Consolidated By-Product CAS ($/oz) Consolidated By-Product AISC ($/oz) (2) Attributable Sustaining Capital ($M) Attributable Development Capital ($M) Managed Portfolio Lihir 560 560 1,475 1,765 95 140 Cadia 270 270 (180) 1,575 425 370 Tanami 365 365 1,250 2,145 270 330 Boddington 580 580 1,160 1,630 225 — Ahafo South 440 440 1,830 2,160 115 10 Ahafo North 315 315 1,045 1,285 55 30 Merian (3) 300 225 1,480 1,800 80 — Cerro Negro 220 220
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.