Newmont Peñasquito — Reclamation and remediation (Note 6) increased by 50.0% to $9.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 80.0%, from $5.00M to $9.00M. Over 3 years (FY 2022 to FY 2025), Peñasquito — Reclamation and remediation (Note 6) shows an upward trend with a 19.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase may signal higher regulatory compliance costs or the acceleration of closure activities, while a decrease suggests lower immediate environmental remediation requirements.
This reflects the expenses related to the environmental restoration and closure obligations for the Peñasquito site. It...
Comparable to environmental liability and asset retirement obligation (ARO) expenses at other mining companies.
nem_segment_pen_asquito_reclamation_and_remediation_note_6| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.25M | $3.25M | $3.25M | $3.25M | $4.50M | $4.50M | $4.50M | $4.50M | $5.00M | $5.00M | $5.00M | $5.00M | $5.00M | $6.00M | $5.00M | $6.00M | $9.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +38.5% | +0.0% | +0.0% | +0.0% | +11.1% | +0.0% | +0.0% | +0.0% | +0.0% | +20.0% | -16.7% | +20.0% | +50.0% |
| YoY Change | — | — | — | — | +38.5% | +38.5% | +38.5% | +38.5% | +11.1% | +11.1% | +11.1% | +11.1% | +0.0% | +20.0% | +0.0% | +20.0% | +80.0% |
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