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
Yanacocha - Consolidated By-Product AISC ($/oz) (2)
“1,170”
Period
FY2026
Measure
Company-defined measure
Source
Guidance table
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 FIRST QUARTER 2026 RESULTS | NEWS RELEASE 8 2025 2026 Operating Results Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 YTD Sales Volumes (koz) Consolidated gold ounces sold 1,442 1,380 1,319 1,378 5,519 1,232 1,232 Attributable gold ounces sold (1) 1,430 1,363 1,308 1,358 5,459 1,211 1,211 Consolidated copper tonnes sold (thousands) 35 37 31 31 134 30 30 Consolidated silver ounces sold (millions) 6 7 8 7 28 10 10 Consolidated lead tonnes sold (thousands) 21 23 27 24 95 28 28 Consolidated zinc tonnes sold (thousands) 73 56 68 49 246 58 58 Average Realized Price ($/oz, $/lb) Average realized gold price $ 2,944 $ 3,320 $ 3,539 $ 4,216 $ 3,498 $ 4,900 $ 4,900 Average realized copper price $ 4.65 $ 4.37 $ 4.67 $ 6.04 $ 4.89 $ 5.68 $ 5.68 Average realized silver price $ 30.12 $ 29.50 $ 37.02 $ 57.29 $ 38.92 $ 66.78 $ 66.78 Average realized lead price $ 0.89 $ 0.88 $ 0.86 $ 0.88 $ 0.87 $ 0.84 $ 0.84 Average realized zinc price $ 1.13 $ 1.13 $ 1.29 $ 1.41 $ 1.23 $ 1.44 $ 1.44 Attributable Gold Production (koz) Lihir 164 160 129 132 585 113 113 Cadia 103 104 97 81 385 94 94 Tanami 78 90 100 123 391 82 82 Boddington 126 147 146 146 565 111 111 Ahafo South (2) 205 197 145 119 664 128 128 Ahafo North (2) — — — 68 70 62 62 Merian (75%) 47 40 35 56 178 66 66 Cerro Negro 28 42 68 64 202 46 46 Yanacocha 105 131 152 127 515 144 144 Peñasquito 123 148 88 56 415 54 54 Red Chris (70%) 14 15 15 18 62 14 14 Brucejack 41 50 79 61 231 59 59 Managed Core Portfolio 1,034 1,124 1,054 1,051 4,263 973 973 Nevada Gold Mines (38.5%) 216 239 251 293 999 236 236 Pueblo Viejo (40%) (3) 49 63 72 69 253 54 54 Fruta Del Norte ( 32% ) (4) 43 38 44 40 165 38 38 Non-Managed Core Portfolio 308 340 367 402 1,417 328 328 Total Core Portfolio 1,342 1,464 1,421 1,453 5,680 1,301 1,301 Non-Core Assets (5) 195 14 — — 209 — — Total Attributable Gold Production 1,537 1,478 1,421 1,453 5,889 1,301 1,301 Co-Product Production Cadia copper tonnes (thousands) 21 22 22 17 82 21 21 Boddington copper tonnes (thousands) 7 7 6 4 24 3 3 Red Chris copper tonnes (thousands) 7 7 7 8 29 6 6 Total copper tonnes (thousands) 35 36 35 29 135 30 30 Peñasquito silver ounces (millions) 6 8 7 7 28 9 9 Peñasquito lead tonnes (thousands) 22 27 26 23 98 27 27 Peñasquito zinc tonnes (thousands) 59 67 59 46 231 62 62 Total CAS ($M) Total CAS $ 2,106 $ 2,001 $ 1,951 $ 2,027 $ 8,085 $ 1,937 $ 1,937 Gold By-Product CAS Consolidated ($/oz) Lihir $ 1,009 $ 1,287 $ 1,468 $ 1,484 $ 1,297 $ 1,503 $ 1,503 Cadia $ (643) $ (514) $ (593) $ (1,007) $ (676) $ (1,062) $ (1,062) Tanami $ 1,087 $ 1,278 $ 1,158 $ 963 $ 1,114 $ 1,099 $ 1,099 Boddington $ 970 $ 1,000 $ 1,054 $ 1,002 $ 1,005 $ 1,158 $ 1,158 Ahafo South $ 1,238 $ 1,010 $ 1,309 $ 1,458 $ 1,227 $ 1,696 $ 1,696 Ahafo North $ — $ — $ — $ 532 $ 532 $ 1,190 $ 1,190 Merian $ 1,497 $ 1,808 $ 1,722 $ 1,297 $ 1,562 $ 1,320 $ 1,320 Cerro Negro $ 2,063 $ 2,118 $ 1,375 $ 1,240 $ 1,594 $ 1,181 $ 1,181 Yanacocha $ 961 $ 882 $ 769 $ 618 $ 795 $ 1,005 $ 1,005 Peñasquito $ (949) $ (880) $ (1,882) $ (3,587) $ (1,578) $ (10,482) $ (10,482) Red Chris $ (1,200) $ 71 $ 125 $ (1,789) $ (723) $ (2,094) $ (2,094) Brucejack $ 1,800 $ 1,861 $ 1,184 $ 1,257 $ 1,465 $ 1,736 $ 1,736 Managed Core Portfolio $ 733 $ 789 $ 732 $ 594 $ 713 $ 363 $ 363 Nevada Gold Mines (38.5%) $ 1,426 $ 1,448 $ 1,241 $ 1,258 $ 1,334 $ 1,281 $ 1,281 Non-Managed Core Portfolio $ 1,426 $ 1,448 $ 1,241 $ 1,258 $ 1,334 $ 1,281 $ 1,281 Total Core Portfolio $ 854 $ 903 $ 831 $ 738 $ 830 $ 541 $ 541 Non-Core Assets (5) $ 1,410 $ 2,032 $ — $ — $ 1,456 $ — $ — Total Gold By-Product CAS/oz (6) $ 930 $ 917 $ 831 $ 738 $ 855 $ 541 $ 541 NEWMONT FIRST QUARTER 2026 RESULTS | NEWS RELEASE 9 2025 2026 Operating Results (continued) Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 YTD Gold Co-Product CAS ($/oz) Cadia $ 794 $ 805 $ 820 $ 981 $ 845 $ 1,050 $ 1,050 Boddington $ 1,239 $ 1,207 $ 1,268 $ 1,262 $ 1,244 $ 1,421 $ 1,421 Peñasquito $ 898 $ 756 $ 956 $ 1,235 $ 922 $ 1,188 $ 1,188 Red Chris (70%) $ 1,106 $ 1,475 $ 1,492 $ 1,352 $ 1,358 $ 1,658 $ 1,658 Managed Core Portfolio $ 1,150 $ 1,154 $ 1,172 $ 1,140 $ 1,154 $ 1,314 $ 1,314 Total Core Portfolio $ 1,198 $ 1,204 $ 1,185 $ 1,166 $ 1,188 $ 1,307 $ 1,307 Total Gold Co-Product CAS/oz (6) $ 1,227 $ 1,215 $ 1,185 $ 1,166 $ 1,199 $ 1,307 $ 1,307 Co-Product CAS ($/unit) Cadia - copper ($/tonne) $ 3,468 $ 3,517 $ 3,534 $ 4,289 $ 3,688 $ 2,858 $ 2,858 Boddington - copper ($/tonne) $ 5,423 $ 5,163 $ 5,048 $ 5,548 $ 5,287 $ 3,912 $ 3,912 Red Chris - copper ($/tonne) $ 4,991 $ 6,738 $ 6,870 $ 5,783 $ 6,087 $ 4,474 $ 4,474 Total - copper ($/tonne) $ 4,182 $ 4,422 $ 4,531 $ 4,821 $ 4,476 $ 3,273 $ 3,273 Peñasquito- silver ($/ounce) $ 10 $ 9 $ 12 $ 16 $ 12 $ 15 $ 15 Peñasquito - lead ($/tonne) $ 997 $ 933 $ 1,212 $ 1,728 $ 1,226 $ 590 $ 590 Peñasquito - zinc ($/tonne) $ 1,499 $ 1,376 $ 1,743 $ 2,433 $ 1,723 $ 1,156 $ 1,156 Gold By-Product AISC Consolidated ($/oz) Lihir $ 1,339 $ 1,563 $ 1,810 $ 1,775 $ 1,607 $ 1,771 $ 1,771 Cadia $ 133 $ 92 $ 99 $ 213 $ 135 $ (139) $ (139) Tanami $ 1,659 $ 1,698 $ 1,748 $ 1,738 $ 1,716 $ 1,791 $ 1,791 Boddington $ 1,348 $ 1,250 $ 1,346 $ 1,343 $ 1,321 $ 1,587 $ 1,587 Ahafo South $ 1,462 $ 1,220 $ 1,541 $ 1,932 $ 1,494 $ 1,964 $ 1,964 Ahafo North $ — $ — $ — $ 691 $ 696 $ 1,408 $ 1,408 Merian $ 1,864 $ 2,074 $ 2,255 $ 1,628 $ 1,921 $ 1,532 $ 1,532 Cerro Negro $ 2,857 $ 3,023 $ 1,776 $ 1,831 $ 2,220 $ 1,567 $ 1,567 Yanacocha $ 1,170 $ 1,144 $ 868 $ 740 $ 964 $ 1,072 $ 1,072 Peñasquito $ (254) $ (406) $ (1,216) $ (2,440) $ (889) $ (9,318) $ (9,318) Red Chris $ (467) $ 1,357 $ 1,625 $ (847) $ 398 $ (1,117) $ (1,117) Brucejack $ 2,230 $ 2,490 $ 1,763 $ 1,815 $ 2,020 $ 2,105 $ 2,105 Managed Core Portfolio $ 1,309 $ 1,276 $ 1,255 $ 1,245 $ 1,271 $ 893 $ 893 Nevada Gold Mines (38.5%) $ 1,789 $ 1,771 $ 1,502 $ 1,508 $ 1,629 $ 1,595 $ 1,595 Non-Managed Core Portfolio $ 1,789 $ 1,771 $ 1,502 $ 1,508 $ 1,629 $ 1,595 $ 1,595 Total Core Portfolio $ 1,394 $ 1,360 $ 1,303 $ 1,302 $ 1,339 $ 1,029 $ 1,029 Non-Core Assets (5) $ 1,787 $ 2,550 $ — $ — $ 1,845 $ — $ — Total Gold By-product AISC (6) $ 1,447 $ 1,375 $ 1,303 $ 1,302 $ 1,358 $ 1,029 $ 1,029 Gold Co-Product AISC ($/oz) Cadia $ 1,184 $ 1,109 $ 1,188 $ 1,584 $ 1,253 $ 1,638 $ 1,638 Boddington $ 1,544 $ 1,422 $ 1,524 $ 1,565 $ 1,514 $ 1,825 $ 1,825 Peñasquito $ 1,091 $ 944 $ 1,133 $ 1,491 $ 1,120 $ 1,495 $ 1,495 Red Chris $ 1,322 $ 1,903 $ 2,037 $ 1,723 $ 1,750 $ 2,110 $ 2,110 Managed Core Portfolio $ 1,596 $ 1,542 $ 1,582 $ 1,651 $ 1,592 $
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.