Investor Presentaiton
All-in Sustaining Costs
Advanced
Projects,
Research and
Three Months Ended
December 31, 2022
Costs
Applicable to Reclamation
Sales(1)(2)(3)
Costs(4)
Development and
Exploration(5)
General and
Administrative
Other Expense,
Net(6)(7)
Treatment
and Refining
Costs
Sustaining
Capital and
Lease
Related
Costs(8)(9)
All-In
Sustaining
Costs
All-In
Sustaining
Ounces
Costs Per
(000) Sold
OZ.(10)
Gold
CC&V
Musselwhite
$
76
$
5
$
4
$
52
1
3
Porcupine
72
3
2
Éléonore
69
2
4
Peñasquito
119
2
1
Other North America
1
North America
388
13
15
|||||--||
$
(1)
2
| | |
EIIN-
(1)
$
15
$
99
55
$
1,783
21
77
58
(2)
1,355 (3)
17
94
79
1,188
18
93
66
1,426
(4)
2
20
146
165
884
2
(1)
91
511
422
1,213
Yanacocha
99
5
(1)
2
6
112
60
1,833
(5)
Merian
99
2
2
(1)
20
122
118
1,043
Cerro Negro
78
2
1
14
95
73
1,300
Other South America
1
1
2
South America
276
7
1
4
3
40
331
251
1,318
Boddington
161
5
2
Tanami
98
1
Other Australia
1
Australia
259
5
4
Ahafo
Akyem
Other Africa
Africa
Nevada Gold Mines
Nevada
Corporate and Other
Total Gold
300
300
$
1,513
ΤΗ
10
182
197
922
(6)
35
134
128
1,044
2
5
4
47
321
325
986
(7)
176
4
2
114
12
2
290
16
4
2
1
27
211
176
1,202
8
135
116
1,157
(8)
1
5
36
351
292
1,203
4
3
4
3
68
380
320
68
380
320
1,186
1,186
(9)
12
46
2
3
63
43
$
40
$
58
$
9
$
9
$
285
$
1,957
1,610
$
1,215
Gold equivalent ounces -
other metals (11)
Peñasquito
Other North America
North America
Boddington
Other Australia
Australia
$
217
$
5
$
2
$
217
50
50
2
2
$
35
35
A
$
34
$
295
251
$
1,178
34
295
251
1,181
2
3
57
60
939
1
58
60
954
Corporate and Other
2
6
Total Gold Equivalent Ounces
$
267
$
5
$
5
$
8
$
1
10
$
37
$
38
$
363
311
$
1,166
Consolidated
$ 1,780
$
48
$
45
$
66
$
12
$
46
$
323
$
2,320
FEBRUARY 2023 INVESTOR PRESENTATION
N
TM
Excludes Depreciation and amortization and Reclamation and remediation.
Includes by-product credits of $36 and excludes co-product revenues of $370.
Includes stockpile and leach pad inventory adjustments of $19 at CC&V, $24 at
Yanacocha, $9 at Ahafo, $17 at Akyem, and $2 at NGM.
Reclamation costs include operating accretion and amortization of asset
retirement costs of $16 and $32, respectively, and exclude accretion and
reclamation and remediation adjustments at former operating properties and
historic mining operations that have entered the closure phase and have no
substantive future economic value of $29 and $713, respectively.
Advanced projects, research and development and Exploration excludes
development expenditures of $1 at Porcupine, $1 at Other North America,
$12 at Yanacocha, $2 at Merian, $10 at Cerro Negro, $11 at Other South
America, $6 at Tanami, $4 at Other Australia, $6 at Ahafo, $2 at Akyem, $4 at
NGM and $18 at Corporate and Other, totaling $77 related to developing new
operations or major projects at existing operations where these projects will
materially benefit the operation.
Other expense, net includes incremental COVID-19 costs incurred as a result of
actions taken to protect against the impacts of the COVID-19 pandemic at our
operational sites of $2 for South America.
Other expense, net is adjusted for impairment of long-lived and other assets of
$1,317, distributions from the Newmont Global Community Support Fund of
$2 and restructuring and severance costs of $1.
Includes sustaining capital expenditures of $113 for North America, $39 for
South America, $46 for Australia, $35 for Africa, $70 for Nevada, and $4 for
Corporate and Other, totaling $307 and excludes development capital
expenditures, capitalized interest and the change in accrued capital totaling
$339. Refer to Liquidity and Capital Resources within Part II, Item 7,
Management's Discussion and Analysis for discussion of major development
projects.
Includes finance lease payments for sustaining projects of $16.
(10) Per ounce measures may not recalculate due to rounding.
(11) Gold equivalent ounces is calculated as pounds or ounces produced multiplied
by the ratio of the other metals price to the gold price, using Gold ($1,200/oz.),
Copper ($3.25/lb.), Silver ($23.00/oz.), Lead ($0.95/lb.) and Zinc ($1.15/lb.)
pricing for 2022.
NEWMONT CORPORATION
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