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Newmont : Second Quarter 2026 Regional Operating Statistics
Newmont : Second Quarter 2026 Regional Operating

About this update from Newmont Corporation
Newmont Second Quarter 2026 Operating Statistics DENVER, July 23, 2026 Per unit measures may not recalculate due to rounding. PRODUCTION VOLUMES Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 Gold ounces produced (thousands): Lihir 157 160 270 324 Cadia (1) 34 104 128 207 Tanami 90 90 172 168 Boddington 160 147 271 273 Ahafo South 100 197 228 402 Ahafo North (2) 68 - 130 - Merian 74 53 162 115 Cerro Negro 49 42 95 70 Yanacocha 128 131 272 236 Peñasquito 37 148 91 271 Red Chris (3) 9 15 23 29 Brucejack 53 50 112 91 Nevada Gold Mines (4) 240 239 476 455 Total Consolidated Core portfolio 1,199 1,376 2,430 2,641 Total Divested Non-Core assets (5) - 14 - 209 Total Consolidated Newmont 1,199 1,390 2,430 2,850 Merian (25%) (6) (18) (13) (40) (28) Pueblo Viejo (7) 74 63 128 112 Fruta Del Norte (8) 38 38 76 81 Total Attributable Newmont 1,293 1,478 2,594 3,015 Other metals produced: Cadia copper tonnes (thousands) (1) 7 22 28 43 Boddington copper tonnes (thousands) 5 7 8 14 Red Chris copper tonnes (thousands) (3) 5 7 11 14 Total copper tonnes (thousands) 17 36 47 71 Peñasquito silver ounces (millions) 7 8 16 14 Peñasquito lead tonnes (thousands) 18 27 45 49 Peñasquito zinc tonnes (thousands) 40 67 102 126 (1) Cadia results were impacted by the operational stoppage during the second quarter of 2026 due to the seismic event. (2) In the fourth quarter of 2025, the Ahafo North development project achieved commercial production and became a reportable segment. (3) Newmont has a 70% interest in Red Chris, which is accounted for using the proportionate consolidation method. (4) Newmont has a 38.5% interest in Nevada Gold Mines, which is accounted for using the proportionate consolidation method. (5) 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. (6) Newmont has a 75% interest in Merian, which it consolidates at 100%. (7) Newmont has a 40% interest in Pueblo Viejo, which is accounted for as an equity method investment. (8) 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 June 30, Six Months Ended June 30, 2026 2025 2026 2025 Gold ounces sold (thousands): Lihir 145 156 262 316 Cadia (1) 48 109 144 207 Tanami 89 90 178 165 Boddington 155 140 252 275 Ahafo South 92 200 217 399 Ahafo North (2) 67 - 130 - Merian 74 67 158 115 Cerro Negro 51 34 107 72 Yanacocha 129 136 268 232 Peñasquito 34 133 91 251 Red Chris (3) 12 14 25 29 Brucejack 57 49 114 95 Nevada Gold Mines (4) 242 237 481 453 Total Consolidated Core portfolio 1,195 1,365 2,427 2,609 Total Divested Non-Core assets (5) - 15 - 213 Total Consolidated Newmont 1,195 1,380 2,427 2,822 Merian (25%) (6) (18) (17) (39) (29) Total Attributable Newmont 1,177 1,363 2,388 2,793 Other metals sold: Cadia copper tonnes (thousands) (1) 11 23 32 44 Boddington copper tonnes (thousands) 5 7 8 14 Red Chris copper tonnes (thousands) (3) 6 7 12 14 Total copper tonnes (thousands) 22 37 52 72 Peñasquito silver ounces (millions) 6 7 16 13 Peñasquito lead tonnes (thousands) 17 23 45 44 Peñasquito zinc tonnes (thousands) 40 56 98 129 (1) Cadia results were impacted by the operational stoppage during the second quarter of 2026 due to the seismic event. (2) In the fourth quarter of 2025, the Ahafo North development project achieved commercial production and became a reportable segment. (3) Newmont has a 70% interest in Red Chris, which is accounted for using the proportionate consolidation method. (4) Newmont has a 38.5% interest in Nevada Gold Mines, which is accounted for using the proportionate consolidation method. (5) 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. (6) Newmont has a 75% interest in Merian, which it consolidates at 100%. 2026 2025 2026 2025 $ 1,470 $ 1,287 $ 1,485 $ 1,147 $ 1,555 $ 805 $ 1,216 $ 800 $ 1,335 $ 1,278 $ 1,217 $ 1,191 $ 1,283 $ 1,207 $ 1,336 $ 1,223 $ 2,164 $ 1,010 $ 1,895 $ 1,124 $ 1,270 $ - $ 1,231 $ - $ 1,413 $ 1,808 $ 1,363 $ 1,679 $ 1,564 $ 2,118 $ 1,365 $ 2,089 $ 1,021 $ 882 $ 1,013 $ 915 $ 2,126 $ 756 $ 1,536 $ 823 $ 1,600 $ 1,475 $ 1,630 $ 1,290 $ 1,661 $ 1,861 $ 1,698 $ 1,831 $ 1,473 $ 1,448 $ 1,377 $ 1,437 $ 1,463 $ 1,204 $ 1,384 $ 1,202 $ - $ 2,032 $ - $ 1,455 $ 1,463 $ 1,215 $ 1,384 $ 1,221 COSTS APPLICABLE TO SALES (1)(2) Three Months Ended June 30, Six Months Ended June 30, Gold Gold Co-Product CAS ($/ounce) Lihir Cadia (3) Tanami Boddington Ahafo South Ahafo North (4) Merian Cerro Negro Yanacocha Peñasquito Red Chris Brucejack Nevada Gold Mines Total Core portfolio Total Divested Non-Core assets (5) Total Newmont - Gold Co-Product CAS Co-product by metal Co-Product CAS ($/unit) Cadia - copper ($/tonne) (3) $ 4,523 $ 3,517 $ 3,410 $ 3,494 Boddington - copper ($/tonne) $ 3,778 $ 5,163 $ 3,828 $ 5,293 Red Chris - copper ($/tonne) $ 5,060 $ 6,738 $ 4,764 $ 5,854 Total Copper CAS ($/tonne) $ 4,503 $ 4,422 $ 3,780 $ 4,307 Peñasquito - silver ($/oz) $ 25 $ 9 $ 19 $ 10 Peñasquito - lead ($/tonne) $ 1,022 $ 933 $ 749 $ 965 Peñasquito - zinc ($/tonne) $ 1,603 $ 1,376 $ 1,341 $ 1,445 Gold By-Product CAS ($/ounce) (6) Cadia (3) $ (945) $ (514) $ (1,024) $ (575) Boddington $ 964 $ 1,000 $ 1,039 $ 985 Peñasquito $ (6,201) $ (880) $ (8,896) $ (912) Red Chris $ (3,096) $ 71 $ (2,565) $ (586) Total Newmont - Gold By-Product CAS $ 1,043 $ 917 $ 788 $ 924 (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) Cadia results were impacted by the operational stoppage during the second quarter of 2026 due to the Cadia seismic event. (4) In the fourth quarter of 2025, the Ahafo North development project achieved commercial production and became a reportable segment. (5) 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. (6) 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 2026 2025 $ 1,707 $ 1,563 $ 1,735 $ 1,450 $ 3,151 $ 1,109 $ 2,136 $ 1,144 $ 2,033 $ 1,698 $ 1,912 $ 1,680 $ 1,622 $ 1,422 $ 1,700 $ 1,482 $ 2,604 $ 1,220 $ 2,236 $ 1,341 $ 1,485 $ - $ 1,448 $ - $ 1,780 $ 2,074 $ 1,648 $ 1,986 $ 2,338 $ 3,023 $ 1,937 $ 2,936 $ 1,128 $ 1,144 $ 1,099 $ 1,155 $ 2,589 $ 944 $ 1,900 $ 1,013 $ 2,118 $ 1,903 $ 2,114 $ 1,611 $ 2,156 $ 2,490 $ 2,131 $ 2,363 $ 1,805 $ 1,771 $ 1,701 $ 1,780 $ 1,938 $ 1,582 $ 1,822 $ 1,605 $ - $ 2,550 $ - $ 1,843 $ 1,938 $ 1,593 $ 1,822 $ 1,623 ALL-IN SUSTAINING COSTS (1) Three Months Ended June 30, Six Months Ended June 30, Gold Gold Co-Product AISC ($/ounce) Lihir Cadia (2) Tanami Boddington Ahafo South Ahafo North (3) Merian Cerro Negro Yanacocha Peñasquito Red Chris Brucejack Nevada Gold Mines Total Core Portfolio Total Divested Non-Core assets (4) Total Newmont - Gold Co-Product AISC Co-product by metal All-In Sustaining Costs ($/unit) Cadia - copper ($/tonne) (2) $ 9,370 $ 4,909 $ 6,091 $ 5,098 Boddington - copper ($/tonne) $ 4,393 $ 5,917 $ 4,512 $ 6,338 Red Chris - copper ($/tonne) $ 6,326 $ 8,550 $ 5,804 $ 7,287 Total Copper AISC ($/tonne) $ 7,584 $ 6,068 $ 5,958 $ 6,042 Peñasquito - silver ($/oz) $ 30 $ 12 $ 24 $ 12 Peñasquito - lead ($/tonne) $ 1,232 $ 1,146 $ 917 $ 1,165 Peñasquito - zinc ($/tonne) $ 2,027 $ 1,659 $ 1,732 $ 1,866 Gold By-Product AISC ($/ounce) (5) Cadia (2) $ 1,728 $ 92 $ 475 $ 111 Boddington $ 1,326 $ 1,250 $ 1,426 $ 1,298 Peñasquito $ (4,352) $ (406) $ (7,478) $ (335) Red Chris $ (1,770) $ 1,357 $ (1,424) $ 414 Total Newmont - Gold By-Product AISC $ 1,621 $ 1,375 $ 1,321 $ 1,411 (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) Cadia results were impacted by the operational stoppage during the second quarter of 2026 due to the seismic event. (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. SUSTAINING CAPITAL Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 Consolidated Sustaining Capital Expenditures ($ millions) Lihir $ 22 $ 35 $ 43 $ 79 Cadia (1) 98 65 186 136 Tanami 53 30 106 67 Boddington 50 29 85 71 Ahafo South 36 34 66 72 Ahafo North (2) 10 - 21 - Merian 24 11 39 26 Cerro Negro 26 29 44 56 Yanacocha 2 3 3 5 Peñasquito 30 31 62 56 Red Chris (3) 13 17 20 25 Brucejack 23 25 39 41 Nevada Gold Mines (4) 64 61 125 132 Corporate and other (4) 3 1 5 Total Core portfolio 447 373 840 771 Total Divested Non-Core assets (5) - 5 - 66 Accrual basis $ 447 $ 378 $ 840 $ 837 (1) Cadia results were impacted by the operational stoppage during the second quarter of 2026 due to the seismic event. (2) In the fourth quarter of 2025, the Ahafo North development project achieved commercial production and became a reportable segment. (3) Newmont has a 70% interest in Red Chris, which is accounted for using the proportionate consolidation method. (4) Newmont has a 38.5% interest in Nevada Gold Mines, which is accounted for using the proportionate consolidation method. (5) 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 June 30, Six Months Ended June 30, 2026 2025 2026 2025 Consolidated Development Capital Expenditures ($ millions) Lihir $ 25 $ 1 $ 26 $ 2 Cadia (1) 62 79 137 137 Tanami 108 86 200 180 Boddington - - - - Ahafo South (2) 5 7 8 11 Ahafo North (2) 6 93 24 164 Merian - - - - Cerro Negro 23 6 30 27 Yanacocha - 1 - 3 Peñasquito - - - - Red Chris (3) 42 26 68 45 Brucejack - - - - Nevada Gold Mines (4) 46 32 87 63 Corporate and other - - - - Total Core portfolio 317 331 580 632 Total Divested Non-Core assets (5) - 6 - 28 Accrual basis $ 317 $ 337 $ 580 $ 660 (1) Cadia results were impacted by the operational stoppage during the second quarter of 2026 due to the seismic event. (2) 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. (3) Newmont has a 70% interest in Red Chris, which is accounted for using the proportionate consolidation method. (4) Newmont has a 38.5% interest in Nevada Gold Mines, which is accounted for using the proportionate consolidation method. (5) 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. 2026 2025 2026 2025 Consolidated Capital Expenditures Lihir $ 47 $ 36 $ 69 $ 81 Cadia (1) 160 144 323 273 Tanami 161 116 306 247 Boddington 50 29 85 71 Ahafo South (2) 41 41 74 83 Ahafo North (2) 16 93 45 164 Merian 24 11 39 26 Cerro Negro 49 35 74 83 Yanacocha 2 4 3 8 Peñasquito 30 31 62 56 Red Chris (3) 55 43 88 70 Brucejack 23 25 39 41 Nevada Gold Mines (4) 110 93 212 195 Corporate and other (4) 3 1 5 Total Core portfolio 764 704 1,420 1,403 Total Divested Non-Core assets (5) - 11 - 94 Accrual basis 764 715 1,420 1,497 Decrease (increase) in non-cash adjustments and hedging impacts (45) (41) (60) 3 Cash basis $ 719 $ 674 $ 1,360 $ 1,500 CAPITAL EXPENDITURES Three Months Ended June 30, Six Months Ended June 30, ($ millions) (1) Cadia results were impacted by the operational stoppage during the second quarter of 2026 due to the seismic event. (2) 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. (3) Newmont has a 70% interest in Red Chris, which is accounted for using the proportionate consolidation method. (4) Newmont has a 38.5% interest in Nevada Gold Mines, which is accounted for using the proportionate consolidation method. (5) 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 Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 Open pit tons mined (000 tonnes): Open pit ore 2,115 1,985 3,616 4,631 Open pit waste 4,588 5,995 10,312 12,605 Total open pit 6,703 7,980 13,928 17,236 Tonnes milled/processed (000 tonnes): Mill 3,004 2,166 5,294 4,755 Average ore grade (g/tonne): Mill 2.171 2.656 2.076 2.754 Average mill recovery rate 77.9 % 80.1 % 76.8 % 76.4 % Gold ounces produced (thousands): Consolidated/Attributable 157 160 270 324 Gold ounces sold (thousands): Consolidated/Attributable 145 156 262 316 Gold production costs ($ millions): Costs applicable to sales (1) $ 213 $ 202 $ 389 $ 363 Depreciation and amortization $ 47 $ 51 $ 92 $ 91 Reclamation accretion $ 4 $ 3 $ 7 $ 7 Gold production costs ($/ounce): Direct mining and production costs $ 1,624 $ 1,456 $ 1,733 1,520 By-product credits (2) (1) (2) (1) Royalties and production taxes 111 82 114 76 Inventory change, write-downs, and other (263) (250) (360) (448) Gold Co-Product CAS ($/ounce) (1) $ 1,470 $ 1,287 $ 1,485 $ 1,147 Depreciation and amortization $ 323 $ 326 $ 349 $ 289 Reclamation accretion $ 24 $ 21 $ 27 $ 21 Gold Co-Product AISC ($/ounce) $ 1,707 $ 1,563 $ 1,735 $ 1,450 (1) Excludes Depreciation and amortization and Reclamation and remediation . CADIA (1) Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 Total underground ore (000 tonnes): 1,866 7,407 7,490 13,734 Tonnes milled/processed (000 tonnes): Mill 2,852 8,153 10,257 15,446 GOLD Average ore grade (g/tonne): Mill 0.473 0.521 0.507 0.539 Average mill recovery rate 76.4 % 78.5 % 78.2 % 78.8 % Gold ounces produced (thousands): Consolidated/Attributable 34 104 128 207 Gold ounces sold (thousands): Consolidated/Attributable 48 109 144 207 Gold production costs ($ millions): Costs applicable to sales (2) $ 74 $ 88 $ 175 $ 165 Depreciation and amortization $ 33 $ 34 $ 74 $ 67 Reclamation accretion $ 1 $ 1 $ 2 $ 1 Gold production costs ($/ounce): Direct mining and production costs $ 1,663 $ 759 $ 1,228 $ 805 By-product credits (364) (133) (280) (135) Royalties and production taxes 88 118 157 112 Inventory change, write-downs, and other 168 61 111 18 Gold Co-Product CAS ($/ounce) (2) $ 1,555 $ 805 $ 1,216 $ 800 Depreciation and amortization $ 703 $ 316 $ 517 $ 324 Reclamation accretion $ 18 $ 6 $ 12 $ 6 Gold Co-Product AISC ($/ounce) $ 3,151 $ 1,109 $ 2,136 $ 1,144 COPPER Average ore grade: Mill 0.32 % 0.35 % 0.34 % 0.35 % Average mill recovery rate 81.8 % 84.5 % 84.1 % 84.2 % Copper tonnes produced (thousands): Consolidated/Attributable 7 22 28 43 Copper tonnes sold (thousands): Consolidated/Attributable 11 23 32 44 Co-product production costs ($ millions): Costs applicable to sales (2) $ 48 $ 82 $ 109 $ 153 Depreciation and amortization $ 21 $ 35 $ 46 $ 65 Reclamation accretion $ - $ 1 $ 1 $ 1 Copper production costs ($/tonne): Direct mining and production costs $ 4,307 $ 3,493 $ 3,340 $ 3,641 By-product credits (935) (609) (757) (609) Royalties and production taxes 348 344 436 352 Inventory change, write-downs, and other 803 289 391 110 Copper CAS ($/tonne) (2) $ 4,523 $ 3,517 $ 3,410 $ 3,494 Depreciation and amortization $ 1,932 $ 1,451 $ 1,428 $ 1,474 Reclamation accretion $ 47 $ 28 $ 32 $ 29 Copper AISC ($/tonne) $ 9,370 $ 4,909 $ 6,091 $ 5,098 BY-PRODUCT COSTS Total CAS ($ millions) $ 122 $ 170 $ 284 $ 318 Less: copper sales ($ millions) (166) (226) (431) (437) Gold By-Product CAS ($ millions) (44) (56) (147) (119) Gold By-Product CAS ($/ounce) $ (945) $ (514) $ (1,024) $ (575) Total AISC ($ millions) $ 248 $ 236 $ 502 $ 460 Less: copper sales ($ millions) excluding treatment and refining charges (167) (226) (434) (437) Gold By-Product AISC ($ millions) 81 10 68 23 Gold By-Product AISC ($/ounce) $ 1,728 $ 92 $ 475 $ 111 (1) Cadia results were impacted by the operational stoppage during the second quarter of 2026 due to the seismic event. (2) Excludes Depreciation and amortization and Reclamation and remediation . TANAMI Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 Total underground ore (000 tonnes) 563 593 1,085 1,188 Tons milled/processed (000 tonnes): Mill 616 678 1,095 1,202 Average ore grade (g/tonne): Mill 4.588 4.243 4.991 4.415 Average mill recovery rate 98.5 % 98.1 % 98.3 % 98.3 % Gold ounces produced (thousands): Consolidated/Attributable 90 90 172 168 Gold ounces sold (thousands): Consolidated/Attributable 89 90 178 165 Gold production costs ($ millions): Costs applicable to sales (1) $ 119 $ 115 $ 217 $ 197 Depreciation and amortization $ 35 $ 31 $ 66 $ 56 Reclamation accretion $ 1 $ 1 $ 2 $ 2 Gold production costs ($/ounce): Direct mining and production costs $ 1,125 $ 1,090 $ 1,080 $ 1,152 By-product credits (2) (2) (3) (2) Royalties and production taxes 117 82 123 78 Inventory change, write-downs, and other 95 108 17 (37) Gold Co-Product CAS ($/ounce) (1) $ 1,335 $ 1,278 $ 1,217 $ 1,191 Depreciation and amortization $ 393 $ 346 $ 370 $ 338 Reclamation accretion $ 12 $ 9 $ 12 $ 9 Gold Co-Product AISC ($/ounce) $ 2,033 $ 1,698 $ 1,912 $ 1,680 (1) Excludes Depreciation and amortization and Reclamation and remediation . BODDINGTON Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 Open pit tons mined (000 tonnes): Open pit ore 10,992 7,567 21,171 13,873 Open pit waste 10,906 11,750 22,055 24,892 Total open pit 21,898 19,317 43,226 38,765 Tons milled/processed (000 tonnes): Mill 9,849 10,338 16,764 18,669 GOLD Average ore grade (g/tonne): Mill 0.600 0.528 0.602 0.546 Average mill recovery rate 85.6 % 84.4 % 85.3 % 84.6 % Gold ounces produced (thousands): Consolidated/Attributable 160 147 271 273 Gold ounces sold (thousands): Consolidated/Attributable 155 140 252 275 Gold production costs ($ millions): Costs applicable to sales (1) $ 199 $ 169 $ 336 $ 336 Depreciation and amortization $ 39 $ 32 $ 66 $ 61 Reclamation accretion $ 5 $ 3 $ 8 $ 6 Gold production costs ($/ounce): Direct mining and production costs $ 1,259 $ 1,114 $ 1,533 $ 1,184 By-product credits (51) (30) (58) (31) Royalties and production taxes 117 84 121 81 Inventory change, write-downs, and other (42) 39 (260) (11) Gold Co-Product CAS ($/ounce) (1) $ 1,283 $ 1,207 $ 1,336 $ 1,223 Depreciation and amortization $ 254 $ 231 $ 264 $ 223 Reclamation accretion $ 24 $ 23 $ 30 $ 23 Gold Co-Product AISC ($/ounce) $ 1,622 $ 1,422 $ 1,700 $ 1,482 COPPER Average ore grade: Mill 0.07 % 0.10 % 0.07 % 0.10 % Average mill recovery rate 81.6 % 81.0 % 81.7 % 80.8 % Copper tonnes produced (thousands): Consolidated/Attributable 5 7 8 14 Copper tonnes sold (thousands): Consolidated/Attributable 5 7 8 14 Co-product production costs ($ millions): Costs applicable to sales (1) $ 18 $ 38 $ 29 $ 76 Depreciation and amortization $ 4 $ 7 $ 6 $ 14 Reclamation accretion $ - $ 1 $ 1 $ 1 Copper production costs ($/tonne): Direct mining and production costs $ 3,344 $ 4,768 $ 4,149 $ 5,038 By-product credits (142) (138) (164) (138) Royalties and production taxes 675 395 655 442 Inventory change, write-downs, and other (99) 138 (812) (49) Copper CAS ($/tonne) (1) $ 3,778 $ 5,163 $ 3,828 $ 5,293 Depreciation and amortization $ 707 $ 1,040 $ 730 $ 1,004 Reclamation accretion $ 68 $ 103 $ 84 $ 104 Copper AISC ($/tonne) $ 4,393 $ 5,917 $ 4,512 $ 6,338 BY-PRODUCT COSTS Total CAS ($ millions) $ 217 $ 207 $ 365 $ 412 Less: copper sales ($ millions) (68) (67) (104) (141) Gold By-Product CAS ($ millions) 149 140 261 271 Gold By-Product CAS ($/ounce) $ 964 $ 1,000 $ 1,039 $ 985 Total AISC ($ millions) $ 273 $ 242 $ 463 $ 498 Less: copper sales ($ millions) excluding treatment and refining charges (67) (67) (103) (141) Gold By-Product AISC ($ millions) 206 175 360 357 Gold By-Product AISC ($/ounce) $ 1,326 $ 1,250 $ 1,426 $ 1,298 (1) Excludes Depreciation and amortization and Reclamation and remediation . AHAFO SOUTH Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 Open pit tons mined (000 tonnes): Open pit ore 1,292 1,359 3,016 3,841 Open pit waste 5,380 3,992 11,224 6,252 Total open pit 6,672 5,351 14,240 10,093 Total underground ore (000 tonnes): 626 575 1,239 1,120 Tons milled/processed (000 tonnes): Mill 2,135 2,385 4,731 4,825 Average ore grade (g/tonne): Mill 1.591 2.733 1.589 2.769 Average mill recovery rate 92.4 % 94.1 % 92.8 % 94.0 % Gold ounces produced (thousands): Consolidated/Attributable 100 197 228 402 Gold ounces sold (thousands): Consolidated/Attributable 92 200 217 399 Gold production costs ($ millions): Costs applicable to sales (1) $ 199 $ 201 $ 411 $ 448 Depreciation and amortization $ 35 $ 49 $ 77 $ 98 Reclamation accretion $ 2 $ 2 $ 4 $ 4 Gold production costs ($/ounce): Direct mining and production costs $ 1,440 $ 649 $ 1,246 $ 625 By-product credits (4) (2) (5) (2) Royalties and production taxes 1,026 325 799 440 Inventory change, write-downs, and other (298) 38 (145) 61 Gold Co-Product CAS ($/ounce) (1) $ 2,164 $ 1,010 $ 1,895 $ 1,124 Depreciation and amortization $ 389 $ 246 $ 357 $ 246 Reclamation accretion $ 20 $ 9 $ 17 $ 9 Gold Co-Product AISC ($/ounce) $ 2,604 $ 1,220 $ 2,236 $ 1,341 (1) Excludes Depreciation and amortization and Reclamation and remediation . AHAFO NORTH (1) Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 Open pit tons mined (000 tonnes): Open pit ore 997 - 1,824 - Open pit waste 4,306 - 9,313 - Total open pit 5,303 - 11,137 - Tons milled/processed (000 tonnes): Mill 912 - 1,767 - Average ore grade (g/tonne): Mill 2.485 - 2.496 - Average mill recovery rate 90.1 % - 90.6 % - Gold ounces produced (thousands): Consolidated/Attributable 68 - 130 - Gold ounces sold (thousands): Consolidated/Attributable 67 - 130 - Gold production costs ($ millions): Costs applicable to sales (2) $ 85 $ - $ 160 $ - Depreciation and amortization $ 23 $ - $ 43 $ - Reclamation accretion $ 1 $ - $ 1 $ - Gold production costs ($/ounce): Direct mining and production costs $ 727 $ - $ 742 $ - By-product credits (9) - (14) - Royalties and production taxes 600 - 585 - Inventory change, write-downs, and other (48) - (82) - Gold Co-Product CAS ($/ounce) (2) $ 1,270 $ - $ 1,231 $ - Depreciation and amortization $ 347 $ - $ 334 $ - Reclamation accretion $ 7 $ - $ 7 $ - Gold Co-Product AISC ($/ounce) $ 1,485 $ - $ 1,448 $ - (1) The Ahafo North development project achieved commercial production and became a reportable segment during the fourth quarter of 2025. As such, operational metrics for the first and second quarter of 2025 are not applicable. (2) Excludes Depreciation and amortization and Reclamation and remediation . MERIAN Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 Open pit tons mined (000 tonnes): Open pit ore 2,099 1,754 5,242 4,147 Open pit waste 8,515 7,037 18,003 16,053 Total open pit 10,614 8,791 23,245 20,200 Tons milled/processed (000 tonnes): Mill 2,757 2,649 5,751 6,133 Average ore grade (g/tonne): Mill 0.827 0.597 0.828 0.599 Average mill recovery rate 95.6 % 94.7 % 95.1 % 91.3 % Gold ounces produced (thousands): Consolidated 74 53 162 115 Attributable 56 40 122 87 Gold ounces sold (thousands): Consolidated 74 67 158 115 Attributable 56 50 119 86 Gold production costs ($ millions): Costs applicable to sales (1) $ 104 $ 122 $ 215 $ 194 Depreciation and amortization $ 17 $ 22 $ 37 $ 37 Reclamation accretion $ 3 $ 1 $ 3 $ 2 Gold production costs ($/ounce): Direct mining and production costs $ 1,205 $ 1,162 $ 1,108 $ 1,425 By-product credits (3) (1) (2) (1) Royalties and production taxes 270 197 287 187 Inventory change, write-downs, and other (59) 450 (30) 68 Gold Co-Product CAS ($/ounce) (1) $ 1,413 $ 1,808 $ 1,363 $ 1,679 Depreciation and amortization $ 239 $ 319 $ 237 $ 317 Reclamation accretion $ 17 $ 18 $ 16 $ 21 Gold Co-Product AISC ($/ounce) $ 1,780 $ 2,074 $ 1,648 $ 1,986 (1) Excludes Depreciation and amortization and Reclamation and remediation . CERRO NEGRO (1) Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 Total underground ore (000 tonnes) 231 167 456 272 Tons milled/processed (000 tonnes): Mill 242 183 457 272 Average ore grade (g/tonne): Mill 6.659 7.833 6.650 8.317 Average mill recovery rate 94.6 % 95.3 % 94.7 % 95.5 % Gold ounces produced (thousands): Consolidated/Attributable 49 42 95 70 Gold ounces sold (thousands): Consolidated/Attributable 51 34 107 72 Gold production costs ($ millions): Costs applicable to sales (2) $ 81 $ 72 $ 147 $ 150 Depreciation and amortization $ 33 $ 26 $ 66 $ 54 Reclamation accretion $ 2 $ 1 $ 3 $ 3 Gold production costs ($/ounce): Direct mining and production costs $ 1,725 $ 2,437 $ 1,613 $ 2,204 By-product credits (548) (181) (628) (163) Royalties and production taxes 254 165 270 150 Inventory change, write-downs, and other 133 (303) 110 (102) Gold Co-Product CAS ($/ounce) (2) $ 1,564 $ 2,118 $ 1,365 $ 2,089 Depreciation and amortization $ 616 $ 756 $ 614 $ 751 Reclamation accretion $ 29 $ 42 $ 28 $ 40 Gold Co-Product AISC ($/ounce) $ 2,338 $ 3,023 $ 1,937 $ 2,936 (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 June 30, Six Months Ended June 30, 2026 2025 2026 2025 Open pit tons mined (000 tonnes): Open pit ore 5,172 9,655 7,669 16,953 Open pit waste 1,103 1,236 3,302 4,359 Total open pit 6,275 10,891 10,971 21,312 Tons milled/processed (000 tonnes): Leach 5,172 9,655 7,669 16,953 Average ore grade (g/tonne): Leach 0.398 0.754 0.380 0.743 Gold ounces produced (thousands): Consolidated/Attributable 128 131 272 236 Gold ounces sold (thousands): Consolidated/Attributable 129 136 268 232 Gold production costs ($ millions): Costs applicable to sales (1) $ 132 $ 119 $ 272 $ 212 Depreciation and amortization $ 24 $ 30 $ 53 $ 56 Reclamation accretion $ 3 $ 2 $ 5 $ 4 Gold production costs ($/ounce): Direct mining and production costs $ 1,048 $ 894 $ 980 $ 934 By-product credits (51) (23) (58) (18) Royalties and production taxes 138 100 142 96 Inventory change, write-downs, and other (114) (89) (51) (97) Gold Co-Product CAS ($/ounce) (1) $ 1,021 $ 882 $ 1,013 $ 915 Depreciation and amortization $ 185 $ 223 $ 196 $ 242 Reclamation accretion (2) $ 19 $ 14 $ 18 $ 17 Gold Co-Product AISC ($/ounce) $ 1,128 $ 1,144 $ 1,099 $ 1,155 (1) Excludes Depreciation and amortization and Reclamation and remediation . (2) Excludes non-producing accretion. PEÑASQUITO Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 Open pit tons mined (000 tonnes): Open pit ore 7,254 9,263 15,457 17,753 Open pit waste 22,914 24,337 47,580 46,497 Total open pit 30,168 33,600 63,037 64,250 Tons milled/processed (000 tonnes): Mill 9,331 8,767 19,037 16,767 GOLD Average ore grade (g/tonne): Mill 0.279 0.851 0.321 0.824 Average mill recovery rate 48.0 % 68.0 % 52.3 % 67.6 % Gold ounces produced (thousands): Consolidated/Attributable 37 148 91 271 Gold ounces sold (thousands): Consolidated/Attributable 34 133 91 251 Gold production costs ($ millions): Costs applicable to sales (1) $ 71 $ 100 $ 139 $ 206 Depreciation and amortization $ 22 $ 49 $ 51 $ 96 Reclamation accretion $ 2 $ 2 $ 4 $ 4 Gold production costs ($/ounce): Direct mining and production costs $ 2,250 $ 812 $ 1,456 $ 851 By-product credits (97) (32) (76) (23) Royalties and production taxes 131 67 142 68 Inventory change, write-downs, and other (158) (91) 14 (73) Gold Co-Product CAS ($/ounce) (1) $ 2,126 $ 756 $ 1,536 $ 823 Depreciation and amortization $ 643 $ 369 $ 562 $ 383 Reclamation accretion $ 63 $ 16 $ 47 $ 17 Gold Co-Product AISC ($/ounce) $ 2,589 $ 944 $ 1,900 $ 1,013 CO-PRODUCTS Average ore grade milled: Silver (g/tonne) 31.48 35.31 35.72 34.63 Lead 0.30 % 0.39 % 0.35 % 0.38 % Zinc 0.67 % 1.07 % 0.81 % 1.08 % Average mill recovery rate: Silver 76.6 % 84.5 % 79.9 % 82.6 % Lead 66.3 % 82.0 % 71.4 % 81.2 % Zinc 77.1 % 84.9 % 79.8 % 83.6 % Production: Silver (Moz) 7 8 16 14 Lead (ktonnes) 18 27 45 49 Zinc (ktonnes) 40 67 102 126 Sales: Silver (Moz) 6 7 16 13 Lead (ktonnes) 17 23 45 44 Zinc (ktonnes) 40 56 98 129 Co-product production costs ($ millions): Costs applicable to sales (1) $ 243 $ 158 $ 472 $ 351 Depreciation and amortization $ 70 $ 71 $ 162 $ 154 Reclamation accretion $ 7 $ 3 $ 14 $ 7 Silver production costs ($/ounce): Direct mining and production costs $ 26 $ 9 $ 18 $ 10 By-product credits (1) - (1) - Royalties and production taxes 2 1 2 1 Inventory change, write-downs, and other (2) (1) - (1) Silver CAS ($/ounce) (1) $ 25 $ 9 $ 19 $ 10 Depreciation and amortization $ 8 $ 5 $ 7 $ 4 Reclamation accretion $ 1 $ - $ 1 $ - Silver AISC ($/ounce) $ 30 $ 12 $ 24 $ 12 Lead production costs ($/tonne): Direct mining and production costs $ 1,080 $ 998 $ 706 $ 1,006 By-product credits (47) (39) (37) (28) Royalties and production taxes 63 83 70 81 Inventory change, write-downs, and other (74) (109) 10 (94) Lead CAS ($/tonne) (1) $ 1,022 $ 933 $ 749 $ 965 Depreciation and amortization $ 311 $ 463 $ 278 $ 456 Reclamation accretion $ 30 $ 20 $ 23 $ 21 Lead AISC ($/tonne) $ 1,232 $ 1,146 $ 917 $ 1,165 Zinc production costs ($/tonne): Direct mining and production costs $ 1,739 $ 1,537 $ 1,345 $ 1,406 By-product credits (63) (52) (56) (32) Royalties and production taxes 84 110 106 95 Inventory change, write-downs, and other (157) (219) (54) (24) Zinc CAS ($/tonne) (1) $ 1,603 $ 1,376 $ 1,341 $ 1,445 Depreciation and amortization $ 407 $ 562 $ 389 $ 595 Reclamation accretion $ 41 $ 27 $ 35 $ 24 Zinc AISC ($/tonne) $ 2,027 $ 1,659 $ 1,732 $ 1,866 BY-PRODUCT COSTS Total CAS ($ millions) $ 314 $ 258 $ 611 $ 557 Less: Silver, lead & zinc sales ($ millions) (523) (375) (1,416) (786) Gold By-Product CAS ($ millions) (209) (117) (805) (229) Gold By-Product CAS ($/ounce) $ (6,201) $ (880) $ (8,896) $ (912) Total AISC ($ millions) $ 386 $ 321 $ 768 $ 702 Less: Silver, lead & zinc sales ($ millions) excluding treatment and refining charges (531) (375) (1,444) (786) Gold By-Product AISC ($ millions) (145) (54) (676) (84) Gold By-Product AISC ($/ounce) $ (4,352) $ (406) $ (7,478) $ (335) (1) Excludes Depreciation and amortization and Reclamation and remediation . RED CHRIS (1) Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 Open pit tonnes mined (000 tonnes): Open pit ore 493 2,206 1,689 4,790 Open pit waste 2,613 2,524 5,182 4,312 Total open pit 3,106 4,730 6,871 9,102 Tonnes milled/processed (000 tonnes): Mill 1,509 1,675 2,874 3,110 GOLD Average ore grade (g/tonne): Mill 0.354 0.489 0.421 0.514 Average mill recovery rate 59.4 % 60.1 % 62.5 % 60.3 % Gold ounces produced (thousands): Consolidated/Attributable 9 15 23 29 Gold ounces sold (thousands): Consolidated/Attributable 12 14 25 29 Gold production costs ($ millions): Costs applicable to sales (2) $ 19 $ 22 $ 41 $ 38 Depreciation and amortization $ 8 $ 6 $ 17 $ 11 Reclamation accretion $ 1 $ 1 $ 2 $ 1 Gold production costs ($/ounce): Direct mining and production costs $ 1,782 $ 1,507 $ 1,994 $ 1,446 By-product credits (61) (29) (101) (27) Royalties and production taxes 88 49 98 46 Inventory change, write-downs, and other (209) (52) (361) (175) Gold Co-Product CAS ($/ounce) (2) $ 1,600 $ 1,475 $ 1,630 $ 1,290 Depreciation and amortization $ 674 $ 385 $ 675 $ 364 Reclamation accretion $ 68 $ 40 $ 69 $ 40 Gold Co-Product AISC ($/ounce) $ 2,118 $ 1,903 $ 2,114 $ 1,611 COPPER Average ore grade: Mill 0.45% 0.55% 0.48% 0.58% Average mill recovery rate 83.8% 81.4% 84.7% 82.0% Copper tonnes produced (thousands): Consolidated/Attributable 5 7 11 14 Copper tonnes sold (thousands): Consolidated/Attributable 6 7 12 14 Co-product production costs ($ millions): Costs applicable to sales (2) $ 30 $ 46 $ 56 $ 81 Depreciation and amortization $ 12 $ 12 $ 23 $ 23 Reclamation accretion $ 1 $ 1 $ 2 $ 3 Copper production costs ($/tonne): Direct mining and production costs $ 5,634 $ 6,884 $ 5,762 $ 6,582 By-product credits (192) (133) (282) (123) Royalties and production taxes 279 226 283 214 Inventory change, write-downs, and other (661) (239) (999) (819) Copper CAS ($/tonne) (2) $ 5,060 $ 6,738 $ 4,764 $ 5,854 Depreciation and amortization $ 2,132 $ 1,773 $ 1,970 $ 1,686 Reclamation accretion $ 214 $ 185 $ 201 $ 184 Copper AISC ($/tonne) $ 6,326 $ 8,550 $ 5,804 $ 7,287 BY-PRODUCT COSTS Total CAS ($ millions) $ 49 $ 68 $ 97 $ 119 Less: Copper sales ($ millions) (85) (67) (162) (136) Gold By-Product CAS ($ millions) (36) 1 (65) (17) Gold By-Product CAS ($/ounce) $ (3,096) $ 71 $ (2,565) $ (586) Total AISC ($ millions) $ 62 $ 86 $ 121 $ 148 Less: Copper sales ($ millions) excluding treatment and refining charges (83) (67) (158) (136) Gold By-Product AISC ($ millions) (21) 19 (37) 12 Gold By-Product AISC ($/ounce) $ (1,770) $ 1,357 $ (1,424) $ 414 (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 June 30, Six Months Ended June 30, 2026 2025 2026 2025 Total underground ore (000 tonnes) 322 309 621 591 Tonnes milled/processed (000 tonnes): Mill 327 305 609 582 Average ore grade (g/tonne): Mill 5.249 5.309 5.500 5.129 Average mill recovery rate 96.0 % 96.0 % 96.3 % 96.0 % Gold ounces produced (thousands): Consolidated/Attributable 53 50 112 91 Gold ounces sold (thousands): Consolidated/Attributable 57 49 114 95 Gold production costs ($ millions): Costs applicable to sales (1) $ 96 $ 91 $ 194 $ 174 Depreciation and amortization $ 41 $ 42 $ 82 $ 88 Reclamation accretion $ 2 $ 1 $ 3 $ 3 Gold production costs ($/ounce): Direct mining and production costs $ 1,581 $ 1,873 $ 1,609 $ 1,848 By-product credits (185) (54) (172) (81) Royalties and production taxes 65 44 67 42 Inventory change, write-downs, and other 200 (2) 194 22 Gold Co-Product CAS ($/ounce) (1) $ 1,661 $ 1,861 $ 1,698 $ 1,831 Depreciation and amortization $ 707 $ 855 $ 713 $ 926 Reclamation accretion $ 24 $ 27 $ 24 $ 27 Gold Co-Product AISC ($/ounce) $ 2,156 $ 2,490 $ 2,131 $ 2,363 (1) Excludes Depreciation and amortization and Reclamation and remediation . NEWMONT SECOND QUARTER 2026 | OPERATING STATISTICS
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