Discontinued — last reported Q4 '23
Ahafo — Impairment charges (Note 7)
Newmont Ahafo — Impairment charges (Note 7) remained flat by 0.0% to $500.00K in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 100.0%, from $250.00K to $500.00K. Over 2 years (FY 2021 to FY 2023), Ahafo — Impairment charges (Note 7) shows relatively stable performance with a 0.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase suggests deteriorating asset performance or unfavorable changes in geological or economic assumptions, while a decrease indicates stable or improving asset valuation.
Detailed definition
Represents non-cash charges recognized when the carrying amount of long-lived assets within the specific mining operatio...
Peer comparison
Commonly reported by mining peers as 'Asset Impairment' or 'Write-downs' under property, plant, and equipment disclosures.
nem_segment_ahafo_impairment_charges_note_7Historical Data
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $2.00M | $1.00M | $2.00M |
| YoY Change | — | -50.0% | +100.0% |
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Frequently Asked Questions
- What is Newmont's ahafo — impairment charges (note 7)?
- Newmont (NEM) reported ahafo — impairment charges (note 7) of $500.00K in Q4 2023.
- How has Newmont's ahafo — impairment charges (note 7) changed year-over-year?
- Newmont's ahafo — impairment charges (note 7) increased by 100.0% year-over-year, from $250.00K to $500.00K.
- What is the long-term trend for Newmont's ahafo — impairment charges (note 7)?
- Over 2 years (2021 to 2023), Newmont's ahafo — impairment charges (note 7) has grown at a 0.0% compound annual growth rate (CAGR), from $2.00M to $2.00M.
- What does ahafo — impairment charges (note 7) mean?
- The reduction in the recorded value of physical mining assets due to a decline in their expected future economic benefit.