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Investor Presentaiton

2023 Outlooka as of February 23, 2023 2023 Outlook Consolidated Production (Koz) Attributable Production Consolidated All-In (Koz) Consolidated CAS ($/oz) Sustaining Costs ($/oz) CC&V Éléonore Peñasquito Porcupine 160-180 160-180 1,150 - 1,250 1,580 - 1,680 265-295 265-295 960 - 1,060 1,300 - 1,400 Attributable Sustaining Capital Expenditures ($M) 25-35 55-65 N Attributable Development Capital Expenditures ($M) TM 330-370 330 370 840 - 940 1,110 - 1,210 135-145 285-315 285-315 Musselwhite Cerro Negro Yanacocha 200-220 200-220 315-345 315-345 950-1,050 860-960 850-950 1,250 - 1,350 45-55 100-120 1,290 - 1,390 65-75 1,060 - 1,160 45-55 110-130 255-285 255-285 1,370 - 1,470 1,620 - 1,720 25-35 320-360 Merianc Boddington Tanami Ahafo 315-345 235-265 980 - 1,080 1,230 1,330 35-45 740 - 820 740-820 800-900 420-460 420-460 770-870 960-1,060 1,130 -1,230 95-105 115-125 Akyem 675-745 315-345 675-745 850-950 1,010-1,110 75-85 340-380 5-15 315-345 850-950 1,110 - 1,210 25-35 245-275 Ahafo North Nevada Gold Minesd Pueblo Viejoe Peñasquito - Silver (Moz) Peñasquito Lead (Mlbs) - Peñasquito - Zinc (Mlbs) Boddington - Copper (Mlbs) 1,190 - 1,310 31-35 170-190 420-460 95-105 - 1,190 1,310 850 - 950 1,150 -1,250 250-350 50-150 315-345 31-35 170-190 11.10 12.10 420-460 95-105 15.50-16.50 0.70 -0.80 1.05 - 1.15 2.35 2.65 0.55 -0.65 0.65 - 0.75 1.85-2.15 a 2023 outlook projections are considered forward-looking statements and represent management's good faith estimates or expectations of future production results as of February 23, 2023. Outlook is based upon certain assumptions, including, but not limited to, metal prices, oil prices, certain exchange rates and other assumptions. For example, 2023 Outlook assumes $1,700/oz Au, $3.50/lb Cu, $20.00/oz Ag, $1.35/lb Zn, $0.90/lb Pb, $0.70 USD/AUD exchange rate, $0.77 USD/CAD exchange rate and $90/barrel WTI. Production, CAS, AISC and capital estimates exclude projects that have not yet been approved, except for Yanacocha Sulfides, Pamour and Cerro Negro District Expansion 1 which are included in Outlook. The potential impact on inventory valuation as a result of lower prices, input costs, and project decisions are not included as part of this Outlook. Assumptions used for purposes of Outlook may prove to be incorrect and actual results may differ from those anticipated, including variation beyond a +/-5% range. Outlook cannot be guaranteed. As such, investors are cautioned not to place undue reliance upon Outlook and forward-looking statements as there can be no assurance that the plans, assumptions or expectations upon which they are placed will occur. Amounts may not recalculate to totals due to rounding. See cautionary at the end of this release. b All-in sustaining costs (AISC) as used in the Company's Outlook is a non-GAAP metric; see below for further information and reconciliation to consolidated 2023 CAS outlook. © Consolidated production for Merian is presented on a total production basis for the mine site; attributable production represents a 75% interest for Merian. Represents the ownership interest in the Nevada Gold Mines (NGM) joint venture. NGM is owned 38.5% by Newmont and owned 61.5% and operated by Barrick. The Company accounts for its interest in NGM using the proportionate consolidation method, thereby recognizing its pro-rata share of the assets, liabilities and operations of NGM. e Attributable production includes Newmont's 40% interest in Pueblo Viejo, which is accounted for as an equity method investment. FEBRUARY 2023 INVESTOR PRESENTATION NEWMONT CORPORATION 47
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