v3.26.3
SEGMENT INFORMATION
 9 Months Ended
Sep. 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 September 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 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.
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
September 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$622 $241 $46 $4 $2 $— $329 $67 
Cadia:
Gold194 66 29 
Copper127 35 15 
Total Cadia321 101 44 2 2 1 171 202 
Tanami347 113 34 2 5 5 188 174 
Boddington:
Gold720 210 42 
Copper81 20 3 
Total Boddington801 230 45 4 4 3 515 44 
Ahafo South484 215 44 2 23 (1)201 36 
Ahafo North305 94 28 — 4 — 179 25 
Merian290 104 18 1 9 (1)159 25 
Cerro Negro
219 78 29 1 6 39 66 51 
Yanacocha502 128 21 40 5 (9)317 3 
Peñasquito:
Gold194 64 24 
Silver550 192 73 
Lead39 16 6 
Zinc258 89 27 
Total Peñasquito1,041 361 130 9 5 (5)541 36 
Red Chris:
Gold43 25 9 
Copper80 37 13 
Total Red Chris123 62 22 2 2 (2)37 70 
Brucejack252 78 34 1 9 2 128 45 
Non-managed
NGM1,056 343 127 3 10 — 573 146 
Total Reportable Segments6,363 2,148 622 71 86 32 3,404 924 
Corporate and Other— (5)10 128 40 21 (194)6 
Consolidated$6,363 $2,143 $632 $199 $126 $53 $3,210 $930 
____________________________
(1)Includes General and administrative, Other expense, net, Other income (loss), net, and Interest expense, net of capitalized interest. Refer to Notes 7 and 8 for further information.
(2)Consolidated capital expenditures on a cash basis were $856 reflecting non-cash adjustments and hedge impacts of $74.
Three Months Ended
September 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$475 $202 $50 $3 $5 $7 $208 $36 
Cadia:
Gold343 74 28 
Copper195 67 26 
Total Cadia538 141 54 1 2 7 333 139 
Tanami366 121 34 — 2 4 205 145 
Boddington:
Gold471 166 32 
Copper55 26 5 
Total Boddington526 192 37 4 — 7 286 31 
Ahafo South (3)
516 195 45 2 14 7 253 30 
Ahafo North (3)
— — — — 2 — (2)92 
Merian159 78 17 2 10 — 52 16 
Cerro Negro
207 83 34 1 8 3 78 31 
Yanacocha530 117 30 46 4 (9)342 7 
Peñasquito:
Gold382 97 38 
Silver293 96 38 
Lead52 33 13 
Zinc191 118 41 
Total Peñasquito918 344 130 5 4 14 421 26 
Red Chris:
Gold55 23 6 
Copper69 48 14 
Total Red Chris124 71 20 2 3 1 27 47 
Brucejack272 91 53 1 8 3 116 36 
Non-managed
NGM893 316 114 3 8 (6)458 95 
Total Reportable Segments5,524 1,951 618 70 70 38 2,777 731 
Corporate and Other (4)
— — 25 53 35 157 (270)5 
Consolidated$5,524 $1,951 $643 $123 $105 $195 $2,507 $736 
____________________________
(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 $727 reflecting non-cash adjustments and hedge impacts of $9.
(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.
Nine Months Ended
September 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$1,824 $630 $138 $11 $9 $(4)$1,040 $5,917 $136 
Cadia:
Gold853 241 103 
Copper558 144 61 
Total Cadia1,411 385 164 5 13 52 792 6,808 525 
Tanami1,185 330 100 4 10 28 713 3,190 480 
Boddington:
Gold1,888 546 108 
Copper185 49 9 
Total Boddington2,073 595 117 12 7 18 1,324 2,592 129 
Ahafo South1,496 626 121 6 48 1 694 2,020 110 
Ahafo North928 254 71 1 10 — 592 1,248 70 
Merian1,031 319 55 4 23 — 630 952 64 
Cerro Negro
713 225 95 4 17 70 302 1,853 125 
Yanacocha1,760 400 74 118 11 (22)1,179 2,473 6 
Peñasquito:
Gold621 203 75 
Silver1,552 499 185 
Lead123 49 18 
Zinc588 221 65 
Total Peñasquito2,884 972 343 27 12 7 1,523 4,576 98 
Red Chris:
Gold159 66 26 
Copper242 93 36 
Total Red Chris401 159 62 6 6 2 166 2,795 158 
Brucejack786 272 116 4 17 3 374 2,651 84 
Non-managed
NGM3,296 1,006 376 8 34 (2)1,874 7,475 358 
Total Reportable Segments19,788 6,173 1,832 210 217 153 11,203 44,550 2,343 
Corporate and Other— (5)36 148 121 111 (411)13,633 7 
Consolidated$19,788 $6,168 $1,868 $358 $338 $264 $10,792 $58,183 $2,350 
____________________________
(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 $2,216 reflecting non-cash adjustments and hedge impacts of $134.
Nine Months Ended
September 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$1,447 $565 $141 $10 $8 $21 $702 $5,764 $117 
Cadia:
Gold1,029 239 95 
Copper632 220 91 
Total Cadia1,661 459 186 4 6 41 965 6,489 412 
Tanami873 318 90 2 8 21 434 2,546 392 
Boddington:
Gold1,361 502 93 
Copper196 102 19 
Total Boddington1,557 604 112 12 3 23 803 2,488 102 
Ahafo South (3)
1,747 643 143 6 34 (6)927 1,943 113 
Ahafo North (3)
— — — — 7 — (7)1,022 256 
Merian523 272 54 4 30 — 163 968 42 
Cerro Negro
427 233 88 4 19 13 70 1,818 114 
Yanacocha1,255 329 86 134 8 11 687 2,265 15 
Peñasquito:
Gold1,188 303 134 
Silver672 218 95 
Lead137 75 33 
Zinc513 305 118 
Total Peñasquito2,510 901 380 16 12 44 1,157 4,569 82 
Red Chris:
Gold150 61 17 
Copper205 129 37 
Total Red Chris355 190 54 6 8 (1)98 2,642 117 
Brucejack566 265 141 4 13 7 136 2,622 77 
Non-managed
NGM2,302 967 317 8 16 (5)999 7,423 290 
Total Reportable Segments15,223 5,746 1,792 210 172 169 7,134 42,559 2,129 
Corporate and Other (4)
— — 58 74 123 (70)(185)12,131 10 
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$15,851 $6,058 $1,856 $299 $298 $(756)$8,096 $54,690 $2,233 
____________________________
(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 $2,227 reflecting non-cash adjustments and hedge impacts of $6.
(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.