Discontinued — last reported Q4 '23
Boddington — Impairment charges (Note 7)
Newmont Boddington — Impairment charges (Note 7) remained flat by 0.0% to $500.00K in Q4 2023 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $500.00K to $500.00K. Over 2 years (FY 2021 to FY 2023), Boddington — Impairment charges (Note 7) shows a downward trend with a -18.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase suggests declining asset performance, reduced mineral reserves, or unfavorable changes in long-term commodity price outlooks.
Detailed definition
Represents non-cash charges recognized when the carrying value of long-lived assets, such as mining properties or equipm...
Peer comparison
Commonly reported by mining peers as asset impairment or write-downs of property, plant, and equipment.
nem_segment_boddington_impairment_charges_note_7Historical Data
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $3.00M | $2.00M | $2.00M |
| YoY Change | — | -33.3% | +0.0% |
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Frequently Asked Questions
- What is Newmont's boddington — impairment charges (note 7)?
- Newmont (NEM) reported boddington — impairment charges (note 7) of $500.00K in Q4 2023.
- How has Newmont's boddington — impairment charges (note 7) changed year-over-year?
- Newmont's boddington — impairment charges (note 7) decreased by 0.0% year-over-year, from $500.00K to $500.00K.
- What is the long-term trend for Newmont's boddington — impairment charges (note 7)?
- Over 2 years (2021 to 2023), Newmont's boddington — impairment charges (note 7) has grown at a -18.4% compound annual growth rate (CAGR), from $3.00M to $2.00M.
- What does boddington — impairment charges (note 7) mean?
- A non-cash expense recorded when the book value of mining assets is reduced because they are worth less than previously estimated.