Newmont Tanami — Advanced Projects, Research and Development and Exploration remained flat by 0.0% to $2.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $2.00M to $2.00M. Over 3 years (FY 2021 to FY 2025), Tanami — Advanced Projects, Research and Development and Exploration shows a downward trend with a -25.3% CAGR.
Higher spending suggests an aggressive strategy to expand reserves and mine life, while lower spending may indicate a focus on harvesting existing assets.
This metric aggregates spending on geological exploration, technical studies, and innovation initiatives specifically wi...
Similar to 'Exploration and Evaluation' expenditure metrics found in the financial reports of major mining peers.
nem_segment_tanami_advanced_projects_research_and_development_and_exploration| Q2 '21 | Q3 '21 | Q4 '21 | Q2 '22 | Q3 '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 | $6.00M | $6.00M | $6.00M | $7.00M | $8.00M | $4.00M | $9.00M | $7.00M | $10.00M | $8.00M | $7.00M | $8.00M | $5.00M | $2.00M | $4.00M | $2.00M | $2.00M | $2.00M |
| QoQ Change | — | +0.0% | +0.0% | +16.7% | +14.3% | -50.0% | +125.0% | -22.2% | +42.9% | -20.0% | -12.5% | +14.3% | -37.5% | -60.0% | +100.0% | -50.0% | +0.0% | +0.0% |
| YoY Change | — | — | — | +16.7% | +33.3% | — | +28.6% | -12.5% | — | +100.0% | -22.2% | +14.3% | -50.0% | -75.0% | -42.9% | -75.0% | -60.0% | +0.0% |
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