DECEMBER 2021 INVESTOR PRESENTATION
September 30, 2021
Gold
CC&V
Musselwhite
All-in Sustaining Costs
Three Months Ended
Costs
Applicable to
Reclamation
Costs(4)
Sales(1)(2)(3)
Advanced Projects,
Research and
Development and
Exploration(5)
General and
Administrative
Care and
Maintenance
and Other
Expense,
Net(6)(7)(8)
Treatment
and
Sustaining
Capital and
Lease
All-In
Refining
Costs
Related
All-In
Sustaining
Ounces
(000)
Sustaining
Costs Per
Costs (9)(10)
Costs
Sold
OZ.(11)
(1)
$
47
$
2
$
38
Porcupine
69
2
2
$
1
2
$
$
19
$
70
49
$
10
49
35
1,421
1,379
9
82
72
1,139
(2)
(3)
(4)
Éléonore
60
10
72
58
1,243
Peñasquito
94
16
121
170
706
Other North America
1
North America
308
64
395
384
1,026
(5)
Yanacocha
92
20
1
9
4
127
Merian
80
2
2
1
9
Cerro Negro
54
1
1
6
16
སེ༩
67
94
106
1,908
884
78
63
1,231
Other South America
3
South America
226
23
16
29
302
236
1,276
(6)
Boddington
151
Tanami
69
| N
2
1
12
12
229
13
172
167
1,030
111
111
986
Other Australia
1
3
Australia
220
3
2
12
43
286
278
1,025
(7)
Ahafo
Akyem
Other Africa
Africa
112
77
2
19
136
15
39
123
1,100
99
92
1,104
2
2
(8)
189
2
34
237
215
1,114
(9)
232
232
4
2
4
2
Nevada Gold Mines
Nevada
Corporate and Other
31
43
6
80
Total Gold
$
1,175
$
41
49
53
$
33
16
$
219
$
1,586
1,416
$
1,120
43
286
303
945
2
43
286
303
945
Gold equivalent ounces -
other metals (12)
Peñasquito
$
155
$
2 $
Other North America
North America
Boddington
155
37
Other Australia
Australia
37
Corporate and Other
Total Gold Equivalent Ounces
$
192
Consolidated
4
$
2
$
27
$
26
$
212
261
$
819
1
2
3
27
26
214
261
822
1
40
40
1,013
1
1
2
41
40
1,025
1
12
$
29
$
29
$
267
301
$
887
8
$
$
1,367
$
43
$
53
$
61
$
36
$
45
$
248
$
1,853
DECEMBER 2021 INVESTOR PRESENTATION
N
Excludes Depreciation and amortization and Reclamation and remediation.
Includes by-product credits of $29 and excludes co-product revenues of $379.
Includes stockpile and leach pad inventory adjustments of $18 at Yanacocha.
Reclamation costs include operating accretion and amortization of asset
retirement costs of $20 and $23, respectively, and exclude accretion and
reclamation and remediation adjustments at former operating properties that
have entered the closure phase and have no substantive future economic value
of $13 and $84, respectively.
Advanced projects, research and development and exploration excludes
development expenditures of $3 at CC&V, $1 at Éléonore, $2 at Peñasquito, $1 at
Other North America, $4 at Yanacocha, $2 at Merian, $1 at Cerro Negro, $9 at
Other South America, $6 at Tanami, $4 at Other Australia, $5 at Ahafo, $2 at
Akyem, $4 at NGM and $3 at Corporate and Other, totaling $47 related to
developing new operations or major projects at existing operations where these
projects will materially benefit the operation.
Care and maintenance includes $6 at Tanami of cash care and maintenance costs
associated with the site temporarily being placed into care and maintenance or
operating at reduced levels in response to the COVID-19 pandemic, during the
period ended September 30, 2021 that we would have continued to incur if the
site were not temporarily placed into care and maintenance.
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 $6 for North America, $11 for South America, $5 for Australia
and $1 for Africa, totaling $23.
Other expense, net is adjusted for impairment of long-lived and other assets of $6,
and distributions from the Newmont Global Community Support Fund of $1.
Includes sustaining capital expenditures of $76 for North America, $29 for South
America, $42 for Australia, $33 for Africa, $43 for Nevada, and $7 for Corporate
and Other, totaling $230 and excludes development capital expenditures,
capitalized interest and the change in accrued capital totaling $168. The following
are major development projects: Pamour, Yanacocha Sulfides, Quecher Main,
Cerro Negro expansion projects, Tanami Expansion 2, Power Generation Civil
Upgrade, Subika Mining Method Change, Ahafo North, Goldrush Complex and
Turquoise Ridge 3rd shaft.
(10) Includes finance lease payments for sustaining projects of $18.
(11) Per ounce measures may not recalculate due to rounding.
(12) 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 ($2.75/lb.), Silver ($22.00/oz.), Lead ($0.90/lb.) and Zinc ($1.05/lb.) pricing
for 2021.
NEWMONT CORPORATION
47
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