What is Newmont's ngm — property, plant and mine development, net?

Newmont (NEM) reported ngm — property, plant and mine development, net of $2.00M in Q4 2024.

What does ngm — property, plant and mine development, net mean?

The current accounting value of all physical mining infrastructure and equipment after accounting for wear and tear.

Discontinued — last reported Q4 '24

Newmont NGM — Property, plant and mine development, net decreased by 90.9% to $2.00M in Q4 2024 compared to the prior quarter.

StatementSegment

CategoryEfficiency

SignalContext dependent

VolatilityStable

First reportedQ4 2023

Last reportedQ4 2024Feb 19, 2026

Rolls up toPP&E (Net)

An increase typically reflects ongoing capital investment and expansion, while a decrease may indicate aging assets or high depreciation rates.

Represents the net book value of tangible assets used in the extraction and processing of gold, including land, mining e...

Standard line item for capital-intensive industries, often labeled as Net PP&E or Mining Assets.

Metric ID: nem_segment_ngm_property_plant_and_mine_development_net

2 periods

Range$2.00M – $22.00M

Avg YoY Growth-90.9%

Median YoY Growth-90.9%

What is Newmont's ngm — property, plant and mine development, net?: Newmont (NEM) reported ngm — property, plant and mine development, net of $2.00M in Q4 2024.
What does ngm — property, plant and mine development, net mean?: The current accounting value of all physical mining infrastructure and equipment after accounting for wear and tear.