Discontinued — last reported Q1 '25
Newmont CC&V — Reclamation and remediation (Note 6) decreased by 33.3% to $2.00M in Q1 2025 compared to the prior quarter. Year-over-year, this metric declined by 33.3%, from $3.00M to $2.00M. Over 2 years (FY 2022 to FY 2024), CC&V — Reclamation and remediation (Note 6) shows a downward trend with a -19.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase may reflect updated regulatory requirements or the acceleration of closure activities, representing a potential future cash outflow.
This metric tracks the expenses related to the environmental closure, reclamation, and long-term remediation obligations...
Comparable to 'Asset Retirement Obligation' (ARO) or 'Environmental Remediation' expenses at other mining sites.
nem_segment_cc_v_reclamation_and_remediation_note_6| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $4.25M | $4.25M | $4.25M | $4.25M | $3.00M | $3.00M | $3.00M | $3.00M | $3.00M | $3.00M | $2.00M | $3.00M | $2.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -29.4% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | -33.3% | +50.0% | -33.3% |
| YoY Change | — | — | — | — | -29.4% | -29.4% | -29.4% | -29.4% | +0.0% | +0.0% | -33.3% | +0.0% | -33.3% |