Discontinued — last reported Q1 '23
Newmont Africa — D&A decreased by 59.8% to $39.00M in Q1 2023 compared to the prior quarter. Year-over-year, this metric declined by 36.1%, from $61.00M to $39.00M.
Higher levels typically reflect a larger asset base or accelerated depletion of reserves, while lower levels may indicate aging infrastructure or reduced capital investment.
This metric represents the systematic allocation of the cost of tangible and intangible assets, such as mining equipment...
Standard accounting metric across the mining industry, comparable to regional D&A reported by other major extractors.
nem_segment_africa_segment_depreciation_and_amortization| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | 62M | 68M | 69M | 61M | 75M | 75M | 97M | 39M |
| QoQ Change | — | +9.7% | +1.5% | -11.6% | +23.0% | +0.0% | +29.3% | -59.8% |
| YoY Change | — | — | — | — | +21.0% | +10.3% | +40.6% | -36.1% |