Discontinued — last reported Q1 '23

Business Segments · Costs Applicable to Sales

Africa — Costs Applicable to Sales

Newmont Africa — Costs Applicable to Sales decreased by 44.0% to $130.00M in Q1 2023 compared to the prior quarter. Year-over-year, this metric declined by 24.9%, from $173.00M to $130.00M. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ2 2019
Last reportedQ1 2023

How to read this metric

An increase relative to revenue suggests margin compression, while a decrease indicates improved operational efficiency or lower extraction costs.

Detailed definition

This metric captures the direct operating costs associated with the production and sale of gold and other minerals withi...

Peer comparison

Similar to 'Cost of Sales' or 'All-in Sustaining Costs' (AISC) reported by peer gold mining companies on a regional basis.

Metric ID: nem_segment_africa_segment_costs_applicable_to_sales

Historical Data

6 periods
 Q2 '21Q3 '21Q1 '22Q2 '22Q3 '22Q1 '23
Value$148.00M$189.00M$173.00M$205.00M$232.00M$130.00M
QoQ Change+27.7%-8.5%+18.5%+13.2%-44.0%
YoY Change+38.5%+22.8%-24.9%
Range$130.00M$232.00M
CAGR-9.9%
Avg YoY Growth+12.1%
Median YoY Growth+22.8%

Frequently Asked Questions

What is Newmont's africa — costs applicable to sales?
Newmont (NEM) reported africa — costs applicable to sales of $130.00M in Q1 2023.
How has Newmont's africa — costs applicable to sales changed year-over-year?
Newmont's africa — costs applicable to sales decreased by 24.9% year-over-year, from $173.00M to $130.00M.
What does africa — costs applicable to sales mean?
The direct operating expenses incurred to produce and sell minerals in the African region.