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Newmont : First Quarter 2026 Regional Operating Statistics

Newmont : First Quarter 2026 Regional Operating

Newmont CorporationApril 23, 20264
Newmont : First Quarter 2026 Regional Operating Statistics

About this update from Newmont Corporation

‌Newmont First Quarter 2026 Operating Statistics DENVER, April 23, 2026 Per unit measures may not recalculate due to rounding. PRODUCTION VOLUMES Three Months Ended March 31, 2026 2025 Gold ounces produced (thousands): Lihir 113 164 Cadia 94 103 Tanami 82 78 Boddington 111 126 Ahafo South 128 205 Ahafo North (1) 62 - Merian 88 62 Cerro Negro 46 28 Yanacocha 144 105 Peñasquito 54 123 Red Chris (2) 14 14 Brucejack 59 41 Nevada Gold Mines (3) 236 216 Total Consolidated Core portfolio 1,231 1,265 Total Divested Non-Core assets (4) - 195 Total Consolidated Newmont 1,231 1,460 Merian (25%) (5) (22) (15) Pueblo Viejo (6) 54 49 Fruta Del Norte (7) 38 43 Total Attributable Newmont 1,301 1,537 Other metals produced: Cadia copper tonnes (thousands) 21 21 Boddington copper tonnes (thousands) 3 7 Red Chris copper tonnes (thousands) (2) 6 7 Total copper tonnes (thousands) 30 35 Peñasquito silver ounces (millions) 9 6 Peñasquito lead tonnes (thousands) 27 22 Peñasquito zinc tonnes (thousands) 62 59 (1) In the fourth quarter of 2025, the Ahafo North development project achieved commercial production and became a reportable segment. (2) Newmont has a 70% interest in Red Chris, which is accounted for using the proportionate consolidation method. (3) Newmont has a 38.5% interest in Nevada Gold Mines, which is accounted for using the proportionate consolidation method. (4) Newmont completed the sale of the CC&V, Musselwhite, and Éléonore reportable segments in the first quarter of 2025, and the sale of the Akyem and Porcupine reportable segments in the second quarter of 2025. (5) Newmont has a 75% interest in Merian, which it consolidates at 100%. (6) Newmont has a 40% interest in Pueblo Viejo, which is accounted for as an equity method investment. (7) The Fruta del Norte mine is wholly owned and operated by Lundin Gold Inc., in which Newmont holds a 32% interest, and is accounted for as an equity method investment on a quarter lag. ‌SALES VOLUMES Three Months Ended March 31, 2026 2025 Gold ounces sold (thousands): Lihir 117 160 Cadia 96 98 Tanami 89 75 Boddington 97 135 Ahafo South 125 199 Ahafo North (1) 63 - Merian 84 48 Cerro Negro 56 38 Yanacocha 139 96 Peñasquito 57 118 Red Chris (2) 13 15 Brucejack 57 46 Nevada Gold Mines (3) 239 216 Total Consolidated Core portfolio 1,232 1,244 Total Divested Non-Core assets (4) - 198 Total Consolidated Newmont 1,232 1,442 Merian (25%) (5) (21) (12) Total Attributable Newmont 1,211 1,430 Other metals sold: Cadia copper tonnes (thousands) 21 21 Boddington copper tonnes (thousands) 3 7 Red Chris copper tonnes (thousands) (2) 6 7 Total copper tonnes (thousands) 30 35 Peñasquito silver ounces (millions) 10 6 Peñasquito lead tonnes (thousands) 28 21 Peñasquito zinc tonnes (thousands) 58 73 (1) In the fourth quarter of 2025, the Ahafo North development project achieved commercial production and became a reportable segment. (2) Newmont has a 70% interest in Red Chris, which is accounted for using the proportionate consolidation method. (3) Newmont has a 38.5% interest in Nevada Gold Mines, which is accounted for using the proportionate consolidation method. (4) Newmont completed the sale of the CC&V, Musselwhite, and Éléonore reportable segments in the first quarter of 2025, and the sale of the Akyem and Porcupine reportable segments in the second quarter of 2025. (5) Newmont has a 75% interest in Merian, which it consolidates at 100%. 2026 2025 $ 1,503 $ 1,009 $ 1,050 $ 794 $ 1,099 $ 1,087 $ 1,421 $ 1,239 $ 1,696 $ 1,238 $ 1,190 $ - $ 1,320 $ 1,497 $ 1,181 $ 2,063 $ 1,005 $ 961 $ 1,188 $ 898 $ 1,658 $ 1,106 $ 1,736 $ 1,800 $ 1,281 $ 1,426 $ 1,307 $ 1,198 $ - $ 1,410 $ 1,307 $ 1,227 ‌COSTS APPLICABLE TO SALES (1)(2) Three Months Ended March 31, Gold Gold Co-Product CAS ($/ounce) Lihir Cadia Tanami Boddington Ahafo South Ahafo North (3) Merian Cerro Negro Yanacocha Peñasquito Red Chris Brucejack Nevada Gold Mines Total Core portfolio Total Divested Non-Core assets (4) Total Newmont - Gold Co-Product CAS Co-product by metal Co-Product CAS ($/unit) Cadia - copper ($/tonne) $ 2,858 $ 3,468 Boddington - copper ($/tonne) $ 3,912 $ 5,423 Red Chris - copper ($/tonne) $ 4,474 $ 4,991 Total Copper CAS ($/tonne) $ 3,273 $ 4,182 Peñasquito - silver ($/oz) $ 15 $ 10 Peñasquito - lead ($/tonne) $ 590 $ 997 Peñasquito - zinc ($/tonne) $ 1,156 $ 1,499 Gold By-Product CAS ($/ounce) (5) Cadia $ (1,062) $ (643) Boddington $ 1,158 $ 970 Peñasquito $ (10,482) $ (949) Red Chris $ (2,094) $ (1,200) Total Newmont - Gold By-Product CAS $ 541 $ 930 (1) Costs applicable to sales (CAS) per unit, included at the consolidated and site level above and on subsequent pages, are non-GAAP metrics and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with GAAP. For reconciliation of non-GAAP metrics, please see Newmont's website or filings, available at https://www.newmont.com/about/document-library/ or http://www.sec.gov . (2) CAS excludes Depreciation and amortization and Reclamation and remediation . (3) In the fourth quarter of 2025, the Ahafo North development project achieved commercial production and became a reportable segment. (4) Newmont completed the sale of the CC&V, Musselwhite, and Éléonore reportable segments in the first quarter of 2025, and the sale of the Akyem and Porcupine reportable segments in the second quarter of 2025. (5) Gold by-product metrics are non-GAAP financial measures that serve as a basis for comparing the Newmont's performance with certain competitors. As Newmont's operations are primarily focused on gold production, "Gold by-product metrics" were developed to allow investors to view Sales , CAS per ounce and AISC per ounce calculations that classify all copper, silver, lead, zinc, and molybdenum production as a by-product, even when copper, silver, lead or zinc is a significant resource in the primary ore-body. These metrics are calculated by subtracting copper, silver, lead, and zinc sales recognized from Sales and including these amounts as offsets to CAS. 2026 2025 $ 1,771 $ 1,339 $ 1,638 $ 1,184 $ 1,791 $ 1,659 $ 1,825 $ 1,544 $ 1,964 $ 1,462 $ 1,408 $ - $ 1,532 $ 1,864 $ 1,567 $ 2,857 $ 1,072 $ 1,170 $ 1,495 $ 1,091 $ 2,110 $ 1,322 $ 2,105 $ 2,230 $ 1,595 $ 1,789 $ 1,709 $ 1,630 $ - $ 1,787 $ 1,709 $ 1,651 ‌ALL-IN SUSTAINING COSTS (1) Three Months Ended March 31, Gold Gold Co-Product AISC ($/ounce) Lihir Cadia Tanami Boddington Ahafo South Ahafo North (2) Merian Cerro Negro Yanacocha Peñasquito Red Chris Brucejack Nevada Gold Mines Total Core Portfolio Total Divested Non-Core assets (3) Total Newmont - Gold Co-Product AISC Co-product by metal All-In Sustaining Costs ($/unit) Cadia - copper ($/tonne) $ 4,466 $ 5,316 Boddington - copper ($/tonne) $ 4,712 $ 6,760 Red Chris - copper ($/tonne) $ 5,293 $ 6,053 Total Copper AISC ($/tonne) $ 4,816 $ 6,014 Peñasquito - silver ($/oz) $ 19 $ 13 Peñasquito - lead ($/tonne) $ 733 $ 1,185 Peñasquito - zinc ($/tonne) $ 1,523 $ 2,026 Gold By-Product AISC ($/ounce) (4) Cadia $ (139) $ 133 Boddington $ 1,587 $ 1,348 Peñasquito $ (9,318) $ (254) Red Chris $ (1,117) $ (467) Total Newmont - Gold By-Product AISC $ 1,029 $ 1,447 (1) All-in sustaining costs (AISC) per unit, included at the consolidated and site level above and on subsequent pages, is a non-GAAP metric and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with GAAP. For reconciliation of non-GAAP metrics, please see Newmont's website or filings, available at https://www.newmont.com/about/document-library/ or http://www.sec.gov . (2) In the fourth quarter of 2025, the Ahafo North development project achieved commercial production and became a reportable segment. (3) Newmont completed the sale of the CC&V, Musselwhite, and Éléonore reportable segments in the first quarter of 2025, and the sale of the Akyem and Porcupine reportable segments in the second quarter of 2025. (4) Gold by-product metrics are non-GAAP financial measures that serve as a basis for comparing the Newmont's performance with certain competitors. As Newmont's operations are primarily focused on gold production, "Gold by-product metrics" were developed to allow investors to view Sales , CAS per ounce and AISC per ounce calculations that classify all copper, silver, lead, zinc, and molybdenum production as a by-product, even when copper, silver, lead or zinc is a significant resource in the primary ore-body. These metrics are calculated by subtracting copper, silver, lead, and zinc sales recognized from Sales and including these amounts as offsets to CAS. ‌SUSTAINING CAPITAL Three Months Ended March 31, 2026 2025 Consolidated Sustaining Capital Expenditures ($ millions) Lihir $ 21 $ 44 Cadia 88 71 Tanami 53 37 Boddington 35 42 Ahafo South 30 38 Ahafo North (1) 11 - Merian 15 15 Cerro Negro 18 27 Yanacocha 1 2 Peñasquito 32 25 Red Chris (2) 7 8 Brucejack 16 16 Nevada Gold Mines (3) 61 71 Corporate and other 5 2 Total Core portfolio 393 398 Total Divested Non-Core assets (4) - 61 Accrual basis $ 393 $ 459 (1) In the fourth quarter of 2025, the Ahafo North development project achieved commercial production and became a reportable segment. (2) Newmont has a 70% interest in Red Chris, which is accounted for using the proportionate consolidation method. (3) Newmont has a 38.5% interest in Nevada Gold Mines, which is accounted for using the proportionate consolidation method. (4) Newmont completed the sale of the CC&V, Musselwhite, and Éléonore reportable segments in the first quarter of 2025, and the sale of the Akyem and Porcupine reportable segments in the second quarter of 2025. ‌DEVELOPMENT CAPITAL Three Months Ended March 31, 2026 2025 Consolidated Development Capital Expenditures ($ millions) Lihir $ 1 $ 1 Cadia 75 58 Tanami 92 94 Boddington - - Ahafo South (1) 3 4 Ahafo North (1) 18 71 Merian - - Cerro Negro 7 21 Yanacocha - 2 Peñasquito - - Red Chris (2) 26 19 Brucejack - - Nevada Gold Mines (3) 41 31 Corporate and other - - Total Core portfolio 263 301 Total Divested Non-Core assets (4) - 22 Accrual basis $ 263 $ 323 (1) In the fourth quarter of 2025, the Ahafo North development project achieved commercial production and became a reportable segment. Prior to that date, Ahafo North capital was included in the Ahafo South reportable segment; however, prior year capital has been included in the Ahafo North metrics above for comparability. (2) Newmont has a 70% interest in Red Chris, which is accounted for using the proportionate consolidation method. (3) Newmont has a 38.5% interest in Nevada Gold Mines, which is accounted for using the proportionate consolidation method. (4) Newmont completed the sale of the CC&V, Musselwhite, and Éléonore reportable segments in the first quarter of 2025, and the sale of the Akyem and Porcupine reportable segments in the second quarter of 2025. ‌CAPITAL EXPENDITURES Three Months Ended March 31, 2026 2025 Consolidated Capital Expenditures ($ millions) Lihir $ 22 $ 45 Cadia 163 129 Tanami 145 131 Boddington 35 42 Ahafo South (1) 33 42 Ahafo North (1) 29 71 Merian 15 15 Cerro Negro 25 48 Yanacocha 1 4 Peñasquito 32 25 Red Chris (2) 33 27 Brucejack 16 16 Nevada Gold Mines (3) 102 102 Corporate and other 5 2 Total Core portfolio 656 699 Total Divested Non-Core assets (4) - 83 Accrual basis 656 782 Decrease (increase) in non-cash adjustments (15) 44 Cash basis $ 641 $ 826 (1) In the fourth quarter of 2025, the Ahafo North development project achieved commercial production and became a reportable segment. Prior to that date, Ahafo North capital was included in the Ahafo South reportable segment; however, prior year capital has been included in the Ahafo North metrics above for comparability. (2) Newmont has a 70% interest in Red Chris, which is accounted for using the proportionate consolidation method. (3) Newmont has a 38.5% interest in Nevada Gold Mines, which is accounted for using the proportionate consolidation method. (4) Newmont completed the sale of the assets of the CC&V, Musselwhite, and Éléonore reportable segments in the first quarter of 2025, and the sale of the Akyem and Porcupine reportable segments in the second quarter of 2025. ‌LIHIR Open pit tons mined (000 tonnes): Three Months Ended March 31, 2026 2025 Open pit ore 1,501 2,646 Open pit waste 5,724 6,610 Total open pit 7,225 9,256 Tonnes milled/processed (000 tonnes): Mill 2,290 2,589 Average ore grade (g/tonne): Mill 1.950 2.836 Average mill recovery rate 75.2 % 73.4 % Gold ounces produced (thousands): Consolidated/Attributable 113 164 Gold ounces sold (thousands): Consolidated/Attributable 117 160 Gold production costs ($ millions): Costs applicable to sales (1) $ 176 $ 161 Depreciation and amortization $ 45 $ 40 Reclamation accretion $ 4 $ 3 Gold production costs ($/ounce): Direct mining and production costs $ 1,868 1,582 By-product credits (3) (1) Royalties and production taxes 118 71 Inventory change, write-downs, and other (480) (643) Gold Co-Product CAS ($/ounce) (1) $ 1,503 $ 1,009 Depreciation and amortization $ 383 $ 251 Reclamation accretion $ 30 $ 21 Gold Co-Product AISC ($/ounce) $ 1,771 $ 1,339 (1) Excludes Depreciation and amortization and Reclamation and remediation . ‌CADIA Three Months Ended March 31, 2026 2025 Total underground ore (000 tonnes): 5,624 6,327 Tonnes milled/processed (000 tonnes): Mill 7,405 7,293 GOLD Average ore grade (g/tonne): Mill 0.520 0.559 Average mill recovery rate 78.8 % 79.0 % Gold ounces produced (thousands): Consolidated/Attributable 94 103 Gold ounces sold (thousands): Consolidated/Attributable 96 98 Gold production costs ($ millions): Costs applicable to sales (1) $ 101 $ 77 Depreciation and amortization $ 41 $ 33 Reclamation accretion $ 1 $ 1 Gold production costs ($/ounce): Direct mining and production costs $ 1,014 $ 855 By-product credits (239) (137) Royalties and production taxes 191 107 Inventory change, write-downs, and other 84 (31) Gold Co-Product CAS ($/ounce) (1) $ 1,050 $ 794 Depreciation and amortization $ 426 $ 334 Reclamation accretion $ 9 $ 7 Gold Co-Product AISC ($/ounce) $ 1,638 $ 1,184 COPPER Average ore grade: Mill 0.35 % 0.35 % Average mill recovery rate 84.8 % 83.9 % Copper tonnes produced (thousands): Consolidated/Attributable 21 21 Copper tonnes sold (thousands): Consolidated/Attributable 21 21 Co-product production costs ($ millions): Costs applicable to sales (1) $ 61 $ 71 Depreciation and amortization $ 25 $ 30 Reclamation accretion $ 1 $ 1 Copper production costs ($/tonne): Direct mining and production costs $ 2,861 $ 3,814 By-product credits (669) (609) Royalties and production taxes Inventory change, write-downs, and other 479 187 360 (97) Copper CAS ($/tonne) (1) $ 2,858 $ 3,468 Depreciation and amortization $ 1,178 $ 1,500 Reclamation accretion $ 24 $ 31 Copper AISC ($/tonne) $ 4,466 $ 5,316 BY-PRODUCT COSTS Total CAS ($ millions) $ 162 $ 148 Less: copper sales ($ millions) (265) (211) Gold By-Product CAS ($ millions) (103) (63) Gold By-Product CAS ($/ounce) $ (1,062) $ (643) Total AISC ($ millions) $ 254 $ 224 Less: copper sales ($ millions) excluding treatment and refining charges (267) (211) Gold By-Product AISC ($ millions) (13) 13 Gold By-Product AISC ($/ounce) $ (139) $ 133 (1) Excludes Depreciation and amortization and Reclamation and remediation . ‌TANAMI Three Months Ended March 31, 2026 2025 Total underground ore (000 tonnes) 522 595 Tons milled/processed (000 tonnes): Mill 479 524 Average ore grade (g/tonne): Mill 5.509 4.639 Average mill recovery rate 98.0 % 98.5 % Gold ounces produced (thousands): Consolidated/Attributable 82 78 Gold ounces sold (thousands): Consolidated/Attributable 89 75 Gold production costs ($ millions): Costs applicable to sales (1) $ 98 $ 82 Depreciation and amortization $ 31 $ 25 Reclamation accretion $ 1 $ 1 Gold production costs ($/ounce): Direct mining and production costs $ 1,037 $ 1,228 By-product credits (5) (2) Royalties and production taxes 129 73 Inventory change, write-downs, and other (62) (212) Gold Co-Product CAS ($/ounce) (1) $ 1,099 $ 1,087 Depreciation and amortization $ 346 $ 328 Reclamation accretion $ 12 $ 10 Gold Co-Product AISC ($/ounce) $ 1,791 $ 1,659 (1) Excludes Depreciation and amortization and Reclamation and remediation . ‌BODDINGTON Three Months Ended March 31, 2026 2025 Open pit tons mined (000 tonnes): Open pit ore 10,179 6,306 Open pit waste 11,149 13,142 Total open pit 21,328 19,448 Tons milled/processed (000 tonnes): Mill 6,915 8,331 GOLD Average ore grade (g/tonne): Mill 0.605 0.568 Average mill recovery rate 85.0 % 85.0 % Gold ounces produced (thousands): Consolidated/Attributable 111 126 Gold ounces sold (thousands): Consolidated/Attributable 97 135 Gold production costs ($ millions): Costs applicable to sales (1) $ 137 $ 167 Depreciation and amortization $ 27 $ 29 Reclamation accretion $ 4 $ 3 Gold production costs ($/ounce): Direct mining and production costs $ 1,973 $ 1,257 By-product credits (70) (31) Royalties and production taxes 127 77 Inventory change, write-downs, and other (609) (64) Gold Co-Product CAS ($/ounce) (1) $ 1,421 $ 1,239 Depreciation and amortization $ 281 $ 214 Reclamation accretion $ 39 $ 24 Gold Co-Product AISC ($/ounce) $ 1,825 $ 1,544 COPPER Average ore grade: Mill 0.07 % 0.11 % Average mill recovery rate 81.9 % 80.5 % Copper tonnes produced (thousands): Consolidated/Attributable 3 7 Copper tonnes sold (thousands): Consolidated/Attributable 3 7 Co-product production costs ($ millions): Costs applicable to sales (1) $ 11 $ 38 Depreciation and amortization $ 2 $ 7 Reclamation accretion $ - $ 1 Copper production costs ($/tonne): Direct mining and production costs $ 5,507 $ 5,308 By-product credits (202) (137) Royalties and production taxes Inventory change, write-downs, and other 622 (2,015) 489 (237) Copper CAS ($/tonne) (1) $ 3,912 $ 5,423 Depreciation and amortization $ 769 $ 968 Reclamation accretion $ 113 $ 105 Copper AISC ($/tonne) $ 4,712 $ 6,760 BY-PRODUCT COSTS Total CAS ($ millions) $ 148 $ 205 Less: copper sales ($ millions) (36) (74) Gold By-Product CAS ($ millions) 112 131 Gold By-Product CAS ($/ounce) $ 1,158 $ 970 Total AISC ($ millions) $ 190 $ 256 Less: copper sales ($ millions) excluding treatment and refining charges (36) (74) Gold By-Product AISC ($ millions) 154 182 Gold By-Product AISC ($/ounce) $ 1,587 $ 1,348 (1) Excludes Depreciation and amortization and Reclamation and remediation . ‌AHAFO SOUTH Three Months Ended March 31, 2026 2025 Open pit tons mined (000 tonnes): Open pit ore 1,724 2,482 Open pit waste 5,844 2,260 Total open pit 7,568 4,742 Total underground ore (000 tonnes): 613 545 Tons milled/processed (000 tonnes): Mill 2,596 2,440 Average ore grade (g/tonne): Mill 1.588 2.803 Average mill recovery rate 93.1 % 93.9 % Gold ounces produced (thousands): Consolidated/Attributable 128 205 Gold ounces sold (thousands): Consolidated/Attributable 125 199 Gold production costs ($ millions): Costs applicable to sales (1) $ 212 247 Depreciation and amortization $ 42 49 Reclamation accretion $ 2 2 Gold production costs ($/ounce): Direct mining and production costs $ 1,103 604 By-product credits (6) (2) Royalties and production taxes 631 555 Inventory change, write-downs, and other (32) 81 Gold Co-Product CAS ($/ounce) (1) $ 1,696 $ 1,238 Depreciation and amortization $ 333 246 Reclamation accretion $ 15 9 Gold Co-Product AISC ($/ounce) $ 1,964 $ 1,462 (1) Excludes Depreciation and amortization and Reclamation and remediation . ‌AHAFO NORTH (1) Three Months Ended March 31, 2026 2025 Open pit tons mined (000 tonnes): Open pit ore 827 - Open pit waste 5,007 - Total open pit 5,834 - Tons milled/processed (000 tonnes): Mill 855 - Average ore grade (g/tonne): Mill 2.508 - Average mill recovery rate 91.2 % - Gold ounces produced (thousands): Consolidated/Attributable 62 - Gold ounces sold (thousands): Consolidated/Attributable 63 - Gold production costs ($ millions): Costs applicable to sales (2) $ 75 $ - Depreciation and amortization $ 20 $ - Reclamation accretion $ - $ - Gold production costs ($/ounce): Direct mining and production costs $ 760 $ - By-product credits (20) - Royalties and production taxes 568 - Inventory change, write-downs, and other (118) - Gold Co-Product CAS ($/ounce) (2) $ 1,190 $ - Depreciation and amortization $ 320 $ - Reclamation accretion $ 7 $ - Gold Co-Product AISC ($/ounce) $ 1,408 $ - (1) The Ahafo North development project achieved commercial production and became a reportable segment during the fourth quarter of 2025. As such, operational metrics from the first quarter of 2025 are not applicable. (2) Excludes Depreciation and amortization and Reclamation and remediation . ‌MERIAN Three Months Ended March 31, 2026 2025 Open pit tons mined (000 tonnes): Open pit ore 3,143 2,393 Open pit waste 9,488 9,016 Total open pit 12,631 11,409 Tons milled/processed (000 tonnes): Mill 2,994 3,484 Average ore grade (g/tonne): Mill 0.830 0.600 Average mill recovery rate 94.6 % 88.7 % Gold ounces produced (thousands): Consolidated 88 62 Attributable 66 47 Gold ounces sold (thousands): Consolidated 84 48 Attributable 63 36 Gold production costs ($ millions): Costs applicable to sales (1) $ 111 $ 72 Depreciation and amortization $ 20 $ 15 Reclamation accretion $ 1 $ 1 Gold production costs ($/ounce): Direct mining and production costs $ 1,025 $ 1,791 By-product credits (2) - Royalties and production taxes 302 173 Inventory change, write-downs, and other (5) (467) Gold Co-Product CAS ($/ounce) (1) $ 1,320 $ 1,497 Depreciation and amortization $ 235 $ 316 Reclamation accretion $ 15 $ 25 Gold Co-Product AISC ($/ounce) $ 1,532 $ 1,864 (1) Excludes Depreciation and amortization and Reclamation and remediation . ‌CERRO NEGRO (1) Three Months Ended March 31, 2026 2025 Total underground ore (000 tonnes) 225 105 Tons milled/processed (000 tonnes): Mill 215 89 Average ore grade (g/tonne): Mill 6.639 9.312 Average mill recovery rate 94.8 % 95.8 % Gold ounces produced (thousands): Consolidated/Attributable 46 28 Gold ounces sold (thousands): Consolidated/Attributable 56 38 Gold production costs ($ millions): Costs applicable to sales (2) $ 66 $ 78 Depreciation and amortization $ 33 $ 28 Reclamation accretion $ 1 $ 1 Gold production costs ($/ounce): Direct mining and production costs $ 1,509 $ 1,993 By-product credits (701) (146) Royalties and production taxes 285 136 Inventory change, write-downs, and other 88 80 Gold Co-Product CAS ($/ounce) (2) $ 1,181 $ 2,063 Depreciation and amortization $ 612 $ 747 Reclamation accretion $ 27 $ 38 Gold Co-Product AISC ($/ounce) $ 1,567 $ 2,857 (1) During the first quarter of 2025, mining and processing operations at the site were temporarily suspended due to safety events. (2) Excludes Depreciation and amortization and Reclamation and remediation . ‌YANACOCHA Three Months Ended March 31, 2026 2025 Open pit tons mined (000 tonnes): Open pit ore 2,497 7,298 Open pit waste 2,199 3,123 Total open pit 4,696 10,421 Tons milled/processed (000 tonnes): Leach 2,497 7,298 Average ore grade (g/tonne): Leach 0.344 0.729 Gold ounces produced (thousands): Consolidated/Attributable 144 105 Gold ounces sold (thousands): Consolidated/Attributable 139 96 Gold production costs ($ millions): Costs applicable to sales (1) $ 140 $ 93 Depreciation and amortization $ 29 $ 26 Reclamation accretion $ 2 $ 2 Gold production costs ($/ounce): Direct mining and production costs $ 915 $ 992 By-product credits (64) (11) Royalties and production taxes 145 89 Inventory change, write-downs, and other 9 (109) Gold Co-Product CAS ($/ounce) (1) $ 1,005 $ 961 Depreciation and amortization $ 206 $ 270 Reclamation accretion (2) $ 18 $ 20 Gold Co-Product AISC ($/ounce) $ 1,072 $ 1,170 (1) Excludes Depreciation and amortization and Reclamation and remediation . (2) Excludes non-producing accretion. ‌PEÑASQUITO Three Months Ended March 31, 2026 2025 Open pit tons mined (000 tonnes): Open pit ore 8,203 8,490 Open pit waste 24,666 22,160 Total open pit 32,869 30,650 Tons milled/processed (000 tonnes): Mill 9,706 8,000 GOLD Average ore grade (g/tonne): Mill 0.362 0.793 Average mill recovery rate 55.5 % 67.2 % Gold ounces produced (thousands): Consolidated/Attributable 54 123 Gold ounces sold (thousands): Consolidated/Attributable 57 118 Gold production costs ($ millions): Costs applicable to sales (1) $ 68 $ 106 Depreciation and amortization $ 29 $ 47 Reclamation accretion $ 2 $ 2 Gold production costs ($/ounce): Direct mining and production costs $ 989 $ 895 By-product credits (64) (14) Royalties and production taxes 148 69 Inventory change, write-downs, and other 115 (52) Gold Co-Product CAS ($/ounce) (1) $ 1,188 $ 898 Depreciation and amortization $ 514 $ 400 Reclamation accretion $ 38 $ 18 Gold Co-Product AISC ($/ounce) $ 1,495 $ 1,091 CO-PRODUCTS Average ore grade milled: Silver (g/tonne) 39.80 33.90 Lead 0.39 % 0.36 % Zinc 0.94 % 1.09 % Average mill recovery rate: Silver 82.4 % 80.5 % Lead 75.1 % 80.3 % Zinc 81.6 % 82.2 % Production: Silver (Moz) 9 6 Lead (ktonnes) 27 22 Zinc (ktonnes) 62 59 Sales: Silver (Moz) 10 6 Lead (ktonnes) 28 21 Zinc (ktonnes) 58 73 Co-product production costs ($ millions): Costs applicable to sales (1) $ 229 $ 193 Depreciation and amortization $ 92 $ 83 Reclamation accretion $ 7 $ 3 Silver production costs ($/ounce): Direct mining and production costs $ 13 $ 10 By-product credits (1) - Royalties and production taxes Inventory change, write-downs, and other 2 1 1 (1) Silver CAS ($/ounce) (1) $ 15 $ 10 Depreciation and amortization $ 6 $ 4 Reclamation accretion $ - $ - Silver AISC ($/ounce) $ 19 $ 13 Lead production costs ($/tonne): Direct mining and production costs $ 488 $ 1,013 By-product credits (32) (16) Royalties and production taxes 74 79 Inventory change, write-downs, and other 60 (79) Lead CAS ($/tonne) (1) $ 590 $ 997 Depreciation and amortization $ 259 $ 449 Reclamation accretion $ 19 $ 21 Lead AISC ($/tonne) $ 733 $ 1,185 Zinc production costs ($/tonne): Direct mining and production costs $ 1,068 $ 1,305 By-product credits (52) (17) Royalties and production taxes 121 84 Inventory change, write-downs, and other 19 127 Zinc CAS ($/tonne) (1) $ 1,156 $ 1,499 Depreciation and amortization $ 377 $ 620 Reclamation accretion $ 31 $ 22 Zinc AISC ($/tonne) $ 1,523 $ 2,026 BY-PRODUCT COSTS Total CAS ($ millions) $ 297 $ 299 Less: Silver, lead & zinc sales ($ millions) (893) (411) Gold By-Product CAS ($ millions) (596) (112) Gold By-Product CAS ($/ounce) $ (10,482) $ (949) Total AISC ($ millions) $ 382 $ 381 Less: Silver, lead & zinc sales ($ millions) excluding treatment and refining charges (913) (411) Gold By-Product AISC ($ millions) (531) (30) Gold By-Product AISC ($/ounce) $ (9,318) $ (254) (1) Excludes Depreciation and amortization and Reclamation and remediation . ‌RED CHRIS (1) Three Months Ended March 31, 2026 2025 Open pit tonnes mined (000 tonnes): Open pit ore 1,196 2,584 Open pit waste 2,569 1,788 Total open pit 3,765 4,372 Tonnes milled/processed (000 tonnes): Mill 1,365 1,435 GOLD Average ore grade (g/tonne): Mill 0.494 0.543 Average mill recovery rate 64.9 % 60.5 % Gold ounces produced (thousands): Consolidated/Attributable 14 14 Gold ounces sold (thousands): Consolidated/Attributable 13 15 Gold production costs ($ millions): Costs applicable to sales (2) $ 22 $ 16 Depreciation and amortization $ 9 $ 5 Reclamation accretion $ 1 $ 1 Gold production costs ($/ounce): Direct mining and production costs $ 2,185 $ 1,384 By-product credits (138) (24) Royalties and production taxes 107 43 Inventory change, write-downs, and other (496) (297) Gold Co-Product CAS ($/ounce) (2) $ 1,658 $ 1,106 Depreciation and amortization $ 675 $ 344 Reclamation accretion $ 70 $ 39 Gold Co-Product AISC ($/ounce) $ 2,110 $ 1,322 COPPER Average ore grade: Mill 0.52% 0.62% Average mill recovery rate 85.4% 82.6% Copper tonnes produced (thousands): Consolidated/Attributable 6 7 Copper tonnes sold (thousands): Consolidated/Attributable 6 7 Co-product production costs ($ millions): Costs applicable to sales (2) $ 26 $ 35 Depreciation and amortization $ 11 $ 11 Reclamation accretion $ 1 $ 1 Copper production costs ($/tonne): Direct mining and production costs $ 5,887 $ 6,286 By-product credits (369) (113) Royalties and production taxes 286 203 Inventory change, write-downs, and other (1,330) (1,385) Copper CAS ($/tonne) (2) $ 4,474 $ 4,991 Depreciation and amortization $ 1,812 $ 1,601 Reclamation accretion $ 188 $ 182 Copper AISC ($/tonne) $ 5,293 $ 6,053 BY-PRODUCT COSTS Total CAS ($ millions) $ 48 $ 51 Less: Copper sales ($ millions) (77) (69) Gold By-Product CAS ($ millions) (29) (18) Gold By-Product CAS ($/ounce) $ (2,094) $ (1,200) Total AISC ($ millions) $ 59 $ 62 Less: Copper sales ($ millions) excluding treatment and refining charges (75) (69) Gold By-Product AISC ($ millions) (16) (7) Gold By-Product AISC ($/ounce) $ (1,117) $ (467) (1) Newmont has a 70% interest in Red Chris, which is accounted for using the proportionate consolidation method. (2) Excludes Depreciation and amortization and Reclamation and remediation . ‌BRUCEJACK Three Months Ended March 31, 2026 2025 Total underground ore (000 tonnes) 299 282 Tonnes milled/processed (000 tonnes): Mill 282 277 Average ore grade (g/tonne): Mill 5.791 4.932 Average mill recovery rate 96.6 % 96.1 % Gold ounces produced (thousands): Consolidated/Attributable 59 41 Gold ounces sold (thousands): Consolidated/Attributable 57 46 Gold production costs ($ millions): Costs applicable to sales (1) $ 98 $ 83 Depreciation and amortization $ 41 $ 46 Reclamation accretion $ 1 $ 1 Gold production costs ($/ounce): Direct mining and production costs $ 1,638 $ 1,823 By-product credits (159) (110) Royalties and production taxes 70 40 Inventory change, write-downs, and other 187 47 Gold Co-Product CAS ($/ounce) (1) $ 1,736 $ 1,800 Depreciation and amortization $ 718 $ 1,001 Reclamation accretion $ 24 $ 28 Gold Co-Product AISC ($/ounce) $ 2,105 $ 2,230 (1) Excludes Depreciation and amortization and Reclamation and remediation . NEWMONT FIRST QUARTER 2026 | OPERATING STATISTICS

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