Discontinued — last reported Q4 '23
Business Segments · Impairment charges (Note 7)
Telfer — Impairment charges (Note 7)
Newmont Telfer — Impairment charges (Note 7) remained flat by 0.0% to $500.00K in Q4 2023 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2021
Last reportedQ4 2023Feb 29, 2024
Rolls up toImpairment Charges
How to read this metric
An increase signals that the asset's future economic benefits have declined, potentially due to lower commodity prices or operational challenges, while a decrease suggests stable or improving asset value.
Detailed definition
Represents non-cash charges recognized when the carrying value of specific long-lived assets within a business segment e...
Peer comparison
Commonly reported by mining peers as 'Asset Impairment' or 'Write-downs' under GAAP or IFRS standards.
Metric ID:
nem_segment_telfer_impairment_charges_note_7Historical Data
3 years
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $0.00 | $0.00 | $2.00M |
Range$0.00 – $2.00M
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Frequently Asked Questions
- What is Newmont's telfer — impairment charges (note 7)?
- Newmont (NEM) reported telfer — impairment charges (note 7) of $500.00K in Q4 2023.
- What does telfer — impairment charges (note 7) mean?
- A non-cash charge reflecting a reduction in the value of specific long-lived assets due to poor performance or market changes.