v3.26.1
SEGMENT INFORMATION
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
The Company regularly reviews its segment reporting for alignment with its strategic goals and operational structure as well as for evaluation of business performance and allocation of resources by Newmont’s Chief Operating Decision Maker ("CODM"). At June 30, 2026, the Company's 13 reportable segments consist of each of its 12 mining operations that it manages and its 38.5% proportionate interest in Nevada Gold Mines ("NGM"), which it does not directly manage. Newmont consolidates Merian through its wholly-owned subsidiary, Newmont Suriname LLC., as the primary beneficiary of Merian, which is a variable interest entity.
With respect to NGM, Newmont gave notice to Barrick Mining Corporation's (“Barrick") and the NGM Board of Managers in the first quarter of 2026 that it has identified evidence of mismanagement at NGM, including diversion of resources from NGM to the benefit of Barrick’s wholly-owned property Fourmile and Barrick, and that it was exercising its contractual inspection and audit rights.
In the following tables, Income (loss) before income and mining tax and other items from reportable segments does not reflect general corporate expenses, interest (except project-specific interest) or income and mining taxes. Intercompany revenue and expense amounts have been eliminated within each segment in order to report on the basis that management uses internally for evaluating segment performance. The Company's business activities and operating segments that are not considered reportable, including all equity method investments, are reported in the non-operating segment Corporate and Other, which has been provided for reconciliation purposes.
The CODM uses Income (loss) before income and mining tax and other items to evaluate income generated from segment assets in deciding whether to reinvest profits into the mine operation or reallocate for other capital priorities under the Company's capital allocation strategy. Additionally, the CODM primarily uses this metric to assess performance of the segment, plan and forecast future business operations, and benchmark to competitors.
The financial information relating to the Company’s segments is as follows:
Three Months Ended
June 30, 2026		SalesCosts Applicable to SalesDepreciation and Amortization
Reclamation and Remediation
Advanced Projects, Research and Development and Exploration
Other Segment Expenses (Income) (1)
Income (Loss) before Income and Mining Tax and Other Items
Capital Expenditures (2)
Managed
Lihir$640 $213 $47 $3 $5 $(1)$373 $47 
Cadia:
Gold179 74 33 
Copper166 48 21 
Total Cadia345 122 54 2 4 31 132 160 
Tanami404 119 35 1 3 3 243 161 
Boddington:
Gold679 199 39 
Copper68 18 4 
Total Boddington747 217 43 4 2 2 479 50 
Ahafo South415 199 35 2 16 1 162 41 
Ahafo North306 85 23 1 4 — 193 16 
Merian332 104 17 2 8 1 200 24 
Cerro Negro
230 81 33 1 6 28 81 49 
Yanacocha581 132 24 39 3 1 382 2 
Peñasquito:
Gold140 71 22 
Silver344 162 49 
Lead32 16 5 
Zinc147 65 16 
Total Peñasquito663 314 92 9 4 16 228 30 
Red Chris:
Gold48 19 8 
Copper85 30 12 
Total Red Chris133 49 20 2 2 1 59 55 
Brucejack253 96 41 2 5 — 109 23 
Non-managed
NGM1,069 357 127 2 15 1 567 110 
Total Reportable Segments6,118 2,088 591 70 77 84 3,208 768 
Corporate and Other— — 13 11 39 146 (209)(4)
Consolidated$6,118 $2,088 $604 $81 $116 $230 $2,999 $764 
____________________________
(1)Includes General and administrative, (Gain) loss on sale of assets held for sale, Other expense, net, Other income (loss), net, and Interest expense, net of capitalized interest. Refer to Notes 3, 7 and 8 for further information.
(2)Consolidated capital expenditures on a cash basis were $719 reflecting non-cash adjustments and hedge impacts of $45.
Three Months Ended
June 30, 2025		SalesCosts Applicable to SalesDepreciation and AmortizationReclamation and RemediationAdvanced Projects, Research and Development and Exploration
Other Segment Expenses (Income) (1)
Income (Loss) before Income and Mining Tax and Other Items
Capital Expenditures (2)
Managed
Lihir$517 $202 $51 $4 $2 $9 $249 $36 
Cadia:
Gold370 88 34 
Copper226 82 35 
Total Cadia596 170 69 2 4 15 336 144 
Tanami297 115 31 1 4 16 130 116 
Boddington:
Gold476 169 32 
Copper67 38 7 
Total Boddington543 207 39 4 — 14 279 29 
Ahafo South (3)
657 201 49 2 12 (6)399 41 
Ahafo North (3)
— — — — 3 — (3)93 
Merian223 122 22 1 13 — 65 11 
Cerro Negro
112 72 26 2 6 6 — 35 
Yanacocha446 119 30 43 3 14 237 4 
Peñasquito:
Gold440 100 49 
Silver191 60 29 
Lead43 21 10 
Zinc141 77 32 
Total Peñasquito815 258 120 6 4 29 398 31 
Red Chris:
Gold50 22 6 
Copper67 46 12 
Total Red Chris117 68 18 2 3 (1)27 43 
Brucejack161 91 42 2 3 — 23 25 
Non-managed
NGM783 343 106 2 6 — 326 93 
Total Reportable Segments5,267 1,968 603 71 63 96 2,466 701 
Corporate and Other (4)
— — 17 10 38 (129)64 3 
Divested (4)
Porcupine (4)
32 16 — 1 — 112 (97)10 
Akyem18 17 — 1 — (685)685 1 
Consolidated$5,317 $2,001 $620 $83 $101 $(606)$3,118 $715 
____________________________
(1)Includes General and administrative, (Gain) loss on sale of assets held for sale, Other expense, net, and Other income (loss), net, and Interest expense, net of capitalized interest. Refer to Notes 3, 7 and 8 for further information.
(2)Consolidated capital expenditures on a cash basis were $674 reflecting non-cash adjustments and hedge impacts of $41.
(3)In the fourth quarter of 2025, the Ahafo North development project achieved commercial production resulting in designation as a reportable segment. Prior to declaration of commercial production, Ahafo North was classified as a development project, and all activity was included in the Ahafo South reportable segment. Although not a reportable segment until the fourth quarter of 2025, the amounts related to Ahafo North have been reported separately for comparability purposes.
(4)Refer to Note 3 for information on the Company's divestitures. The Coffee development project disposal group is included in Corporate and Other. Additionally, Corporate and Other contained legacy reclamation related to Porcupine which was divested in the second quarter of 2025.
Six Months Ended
June 30, 2026		SalesCosts Applicable to SalesDepreciation and Amortization
Reclamation and Remediation
Advanced Projects, Research and Development and Exploration
Other Segment Expenses (Income) (1)
Income (Loss) before Income and Mining Tax and Other Items
Total Assets
Capital Expenditures (2)
Managed
Lihir$1,202 $389 $92 $7 $7 $(4)$711 $5,844 $69 
Cadia:
Gold659 175 74 
Copper431 109 46 
Total Cadia1,090 284 120 3 11 51 621 6,701 323 
Tanami838 217 66 2 5 23 525 3,031 306 
Boddington:
Gold1,168 336 66 
Copper104 29 6 
Total Boddington1,272 365 72 8 3 15 809 2,447 85 
Ahafo South1,012 411 77 4 25 2 493 1,838 74 
Ahafo North623 160 43 1 6 — 413 1,228 45 
Merian741 215 37 3 14 1 471 949 39 
Cerro Negro
494 147 66 3 11 31 236 2,085 74 
Yanacocha1,258 272 53 78 6 (13)862 1,468 3 
Peñasquito:
Gold427 139 51 
Silver1,002 307 112 
Lead84 33 12 
Zinc330 132 38 
Total Peñasquito1,843 611 213 18 7 12 982 4,383 62 
Red Chris:
Gold116 41 17 
Copper162 56 23 
Total Red Chris278 97 40 4 4 4 129 2,723 88 
Brucejack534 194 82 3 8 1 246 2,566 39 
Non-managed
NGM2,240 663 249 5 24 (2)1,301 7,448 212 
Total Reportable Segments13,425 4,025 1,210 139 131 121 7,799 42,711 1,419 
Corporate and Other— — 26 20 81 90 (217)14,930 1 
Consolidated$13,425 $4,025 $1,236 $159 $212 $211 $7,582 $57,641 $1,420 
____________________________
(1)Includes General and administrative, (Gain) loss on sale of assets held for sale, Other expense, net, Other income (loss), net, and Interest expense, net of capitalized interest. Refer to Notes 3, 7 and 8 for further information.
(2)Consolidated capital expenditures on a cash basis were $1,360 reflecting non-cash adjustments and hedge impacts of $60.
Six Months Ended
June 30, 2025		SalesCosts Applicable to SalesDepreciation and AmortizationReclamation and RemediationAdvanced Projects, Research and Development and Exploration
Other Segment Expenses (Income) (1)
Income (Loss) before Income and Mining Tax and Other ItemsTotal Assets
Capital Expenditures (2)
Managed
Lihir$972 $363 $91 $7 $3 $14 $494 $5,735 $81 
Cadia:
Gold686 165 67 
Copper437 153 65 
Total Cadia1,123 318 132 3 4 34 632 6,368 273 
Tanami507 197 56 2 6 17 229 2,434 247 
Boddington:
Gold890 336 61 
Copper141 76 14 
Total Boddington1,031 412 75 8 3 16 517 2,343 71 
Ahafo South (3)
1,231 448 98 4 20 (13)674 2,043 83 
Ahafo North (3)
— — — — 5 — (5)921 164 
Merian364 194 37 2 20 — 111 916 26 
Cerro Negro
220 150 54 3 11 10 (8)1,833 83 
Yanacocha725 212 56 88 4 20 345 2,080 8 
Peñasquito:
Gold806 206 96 
Silver379 122 57 
Lead85 42 20 
Zinc322 187 77 
Total Peñasquito1,592 557 250 11 8 30 736 4,389 56 
Red Chris:
Gold95 38 11 
Copper136 81 23 
Total Red Chris231 119 34 4 5 (2)71 2,637 70 
Brucejack294 174 88 3 5 4 20 2,612 41 
Non-managed
NGM1,409 651 203 5 8 1 541 7,430 195 
Total Reportable Segments9,699 3,795 1,174 140 102 131 4,357 41,741 1,398 
Corporate and Other (4)
— — 33 21 88 (227)85 13,424 5 
Divested (4)
CC&V88 39 2 2 — (3)48 — 5 
Musselwhite94 33 — 1 — (18)78 — 14 
Porcupine (4)
177 79 1 6 1 20 70 — 54 
Éléonore138 54 — 1 2 (171)252 — 12 
Akyem131 107 3 5 — (683)699 — 9 
Consolidated$10,327 $4,107 $1,213 $176 $193 $(951)$5,589 $55,165 $1,497 
____________________________
(1)Includes General and administrative, (Gain) loss on sale of assets held for sale, Other expense, net, and Other income (loss), net, and Interest expense, net of capitalized interest. Refer to Notes 3, 7 and 8 for further information.
(2)Consolidated capital expenditures on a cash basis were $1,500 reflecting non-cash adjustments and hedge impacts of $3.
(3)In the fourth quarter of 2025, the Ahafo North development project achieved commercial production resulting in designation as a reportable segment. Prior to declaration of commercial production, Ahafo North was classified as a development project, and all activity was included in the Ahafo South reportable segment. Although not a reportable segment until the fourth quarter of 2025, the amounts related to Ahafo North have been reported separately for comparability purposes.
(4)Refer to Note 3 for information on the Company's divestitures. The Coffee development project disposal group is included in Corporate and Other. Additionally, Corporate and Other contained legacy reclamation related to Porcupine which was divested in the second quarter of 2025.