Investor Presentaiton
INVESTING IN SUSTAINABLE PRODUCTION
ANNUAL INVESTMENT ($B)
$5.0
$4.0
Sustaining Capital (+/-5%)
Exploration and Advanced Projects (+/- 5%)
Development Capital (+/- 5%)
Contributions to Pueblo Viejo (40%) for Expansion
$3.0
$2.0
$1.0
2021A
2022A
*Represents average annual spending over a 5-year period.
FEBRUARY 2023 INVESTOR PRESENTATION
Average
N
AVERAGE ANNUAL INVESTMENT: ~$2.5B*
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*
Sustaining capital: $1.0 - $1.2B per year
Exploration & Advanced projects: ~$400 - $500M
per year
Development capital: $0.8 - $1.0B per year
2023: EXPECTING ~$2.9B INVESTMENT
Sustaining capital: ~$1.1B
Exploration & Advanced projects: ~$500M
Development capital: ~$1.3B to advance
Tanami Expansion 2, Ahafo North, and other
key projects
Note: excludes contributions to support the
Pueblo Viejo expansion
Annual Investment*
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2023E
2024E
2025E
2026E
2027E
Elevated Level of Reinvestment of ~$400M in 2023
NEWMONT CORPORATION
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