Discontinued — last reported Q4 '24

Business Segments · Impairment charges (Note 7)

CC&V — Impairment charges (Note 7)

Newmont CC&V — Impairment charges (Note 7) remained flat by 0.0% to $250.00K in Q4 2024 compared to the prior quarter. Year-over-year, this metric declined by 75.0%, from $1.00M to $250.00K. 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 2024Feb 21, 2025

How to read this metric

An increase signals potential operational challenges, declining commodity prices, or poor historical capital allocation decisions.

Detailed definition

This metric represents non-cash charges recognized when the carrying value of a specific mining asset or segment exceeds...

Peer comparison

Standard across the mining industry; peers report similar charges under asset impairment or write-down line items.

Metric ID: nem_segment_cc_v_impairment_charges_note_7

Historical Data

4 years
 FY'21FY'22FY'23FY'24
Value$0.00$511.00M$4.00M$1.00M
YoY Change-99.2%-75.0%
Range$0.00$511.00M
Avg YoY Growth-87.1%
Median YoY Growth-87.1%
Current Streak2+ years decline

Frequently Asked Questions

What is Newmont's cc&v — impairment charges (note 7)?
Newmont (NEM) reported cc&v — impairment charges (note 7) of $250.00K in Q4 2024.
How has Newmont's cc&v — impairment charges (note 7) changed year-over-year?
Newmont's cc&v — impairment charges (note 7) decreased by 75.0% year-over-year, from $1.00M to $250.00K.
What does cc&v — impairment charges (note 7) mean?
The reduction in the recorded value of a mining asset due to a decline in its estimated future economic benefit.