v3.25.2
SALES
6 Months Ended
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]  
SALES SALES
The following tables present the Company’s Sales by mining operation, product, and inventory type:

Three Months Ended June 30, 2025Three Months Ended June 30, 2024
Gold Sales from Doré ProductionSales from Concentrate and Other ProductionTotal SalesGold Sales from Doré ProductionSales from Concentrate and Other ProductionTotal Sales
Ahafo$657 $— $657 $422 $— $422 
Brucejack
102 59 161 81 25 106 
Red Chris:
Gold— 50 50 — 19 19 
Copper— 67 67 — 63 63 
Total Red Chris— 117 117 — 82 82 
Peñasquito:
Gold— 440 440 — 149 149 
Silver (1)
— 191 191 — 209 209 
Lead— 43 43 — 44 44 
Zinc— 141 141 — 149 149 
Total Peñasquito— 815 815 — 551 551 
Merian219 223 136 142 
Cerro Negro 112 — 112 65 — 65 
Yanacocha438 446 178 181 
Boddington:
Gold123 353 476 91 229 320 
Copper— 67 67 — 86 86 
Total Boddington123 420 543 91 315 406 
Tanami297 — 297 231 — 231 
Cadia:
Gold34 336 370 32 265 297 
Copper— 226 226 — 221 221 
Total Cadia34 562 596 32 486 518 
Lihir
517 — 517 345 — 345 
NGM (2)
743 40 783 561 29 590 
Divested (3)
CC&V
— — — 78 — 78 
Musselwhite— — — 132 — 132 
Porcupine32 — 32 206 — 206 
Éléonore— — — 147 — 147 
Telfer:
Gold
— — — 17 65 82 
Copper
— — — — 
Total Telfer
— — — 17 72 89 
Akyem
18 — 18 111 — 111 
Consolidated$3,292 $2,025 $5,317 $2,833 $1,569 $4,402 
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(1)Silver sales from concentrate includes $20 and $23 related to non-cash amortization of the silver streaming agreement liability for the three months ended June 30, 2025 and 2024, respectively.
(2)The Company purchases its proportionate share of gold doré from NGM for resale to third parties. Gold doré purchases from NGM totaled $743 and $559 for the three months ended June 30, 2025 and 2024, respectively.
(3)The Company completed the sale of Telfer in the fourth quarter of 2024, CC&V, Musselwhite, and Éléonore in the first quarter of 2025, and Akyem and Porcupine in the second quarter of 2025. Refer to Note 3 for information on the Company's divestitures.
Six Months Ended June 30, 2025Six Months Ended June 30, 2024
Gold Sales from Doré ProductionSales from Concentrate and Other ProductionTotal SalesGold Sales from Doré ProductionSales from Concentrate and Other ProductionTotal Sales
Ahafo$1,231 $— $1,231 $803 $— $803 
Brucejack
189 105 294 130 48 178 
Red Chris:
Gold— 95 95 — 35 35 
Copper— 136 136 — 109 109 
Total Red Chris— 231 231 — 144 144 
Peñasquito:
Gold— 806 806 — 241 241 
Silver (1)
— 379 379 — 410 410 
Lead— 85 85 — 104 104 
Zinc— 322 322 — 273 273 
Total Peñasquito— 1,592 1,592 — 1,028 1,028 
Merian356 364 284 13 297 
Cerro Negro 220 — 220 218 — 218 
Yanacocha708 17 725 364 367 
Boddington:
Gold217 673 890 165 454 619 
Copper— 141 141 — 163 163 
Total Boddington217 814 1,031 165 617 782 
Tanami507 — 507 419 — 419 
Cadia:
Gold64 622 686 65 480 545 
Copper— 437 437 — 388 388 
Total Cadia64 1,059 1,123 65 868 933 
Lihir
972 — 972 722 — 722 
NGM (2)
1,330 79 1,409 1,090 59 1,149 
Divested (3)
CC&V88 — 88 137 — 137 
Musselwhite 94 — 94 233 — 233 
Porcupine 177 — 177 331 — 331 
Éléonore 138 — 138 263 — 263 
Telfer:
Gold— — — 24 117 141 
Copper— — — — 14 14 
Total Telfer— — — 24 131 155 
Akyem
131 — 131 266 — 266 
Consolidated$6,422 $3,905 $10,327 $5,514 $2,911 $8,425 
____________________________
(1)Silver sales from concentrate includes $39 and $50 related to non-cash amortization of the silver streaming agreement liability for the six months ended June 30, 2025 and 2024, respectively.
(2)The Company purchases its proportionate share of gold doré from NGM for resale to third parties. Gold doré purchases from NGM totaled $1,332 and $1,088 for the six months ended June 30, 2025 and 2024, respectively.
(3)The Company completed the sale of Telfer in the fourth quarter of 2024, CC&V, Musselwhite, and Éléonore in the first quarter of 2025, and Akyem and Porcupine in the second quarter of 2025. Refer to Note 3 for information on the Company's divestitures.
Trade Receivables and Provisional Sales
At June 30, 2025 and December 31, 2024, Trade receivables consisted primarily of sales from provisionally priced concentrate and other production. The impact to Sales from changes in pricing on provisional sales is an increase of $42 and $91 for the three months ended June 30, 2025 and 2024, respectively, and $181 and $131 for the six months ended June 30, 2025 and 2024, respectively.
At June 30, 2025, Newmont had the following provisionally priced concentrate sales subject to final pricing over the next several months:
Provisionally Priced Sales
Subject to Final Pricing (1)
Average Provisional
Price (per ounce/pound)
Gold (ounces, in thousands)152 $3,299 
Copper (pounds, in millions)73 $4.48 
Silver (ounces, in millions)$35.85 
Lead (pounds, in millions)30 $0.92 
Zinc (pounds, in millions)84 $1.25 
____________________________
(1)Includes provisionally priced by-product sales subject to final pricing, which are recognized as a reduction to Costs applicable to sales.