Discontinued — last reported Q1 '23

Business Segments · Costs Applicable to Sales

Nevada — Costs Applicable to Sales

Newmont Nevada — Costs Applicable to Sales decreased by 2.7% to $286.00M in Q1 2023 compared to the prior quarter. Year-over-year, this metric grew by 11.3%, from $257.00M to $286.00M. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ2 2019
Last reportedQ1 2023

How to read this metric

A decrease relative to revenue indicates improved operational efficiency, while an increase may signal rising labor, energy, or extraction costs.

Detailed definition

This metric captures the direct operating costs incurred to produce gold and other metals within the Nevada segment, exc...

Peer comparison

Similar to 'Cash Costs' reported by other mining companies to measure site-level production efficiency.

Metric ID: nem_segment_nevada_segment_costs_applicable_to_sales

Historical Data

6 periods
 Q2 '21Q3 '21Q1 '22Q2 '22Q3 '22Q1 '23
Value$215.00M$232.00M$257.00M$302.00M$294.00M$286.00M
QoQ Change+7.9%+10.8%+17.5%-2.6%-2.7%
YoY Change+40.5%+26.7%+11.3%
Range$215.00M$302.00M
CAGR+25.6%
Avg YoY Growth+26.2%
Median YoY Growth+26.7%
Current Streak2 quarters decline

Frequently Asked Questions

What is Newmont's nevada — costs applicable to sales?
Newmont (NEM) reported nevada — costs applicable to sales of $286.00M in Q1 2023.
How has Newmont's nevada — costs applicable to sales changed year-over-year?
Newmont's nevada — costs applicable to sales increased by 11.3% year-over-year, from $257.00M to $286.00M.
What does nevada — costs applicable to sales mean?
Direct cash operating costs associated with mining and processing activities in the Nevada region.