Discontinued — last reported Q1 '20
Products & Services · Costs applicable to sales
Mineral Exploration — Costs applicable to sales
Analysis
StatementSegment
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2017
Last reportedQ1 2020
Rolls up toTotal Cost of Revenue
How to read this metric
An increase may indicate aggressive investment in future growth and reserve replacement, while a decrease could signal cost-cutting measures or a shift in strategic focus toward existing asset optimization.
Detailed definition
This metric represents the direct operating expenses incurred by the exploration segment to sustain and expand the compa...
Peer comparison
Peers in the gold mining industry typically report this as exploration and project development expenses, which are evaluated based on the success rate of reserve replacement and the cost per ounce discovered.
Metric ID:
nem_segment_exploration_costs_applicable_to_salesSimilar Metrics at Other Companies
Frequently Asked Questions
- What does mineral exploration — costs applicable to sales mean?
- The total operating costs spent on searching for and evaluating new mineral deposits to replenish the company's gold reserves.