Discontinued — last reported Q4 '24
Business Segments · Impairment charges (Note 7)
Porcupine — Impairment charges (Note 7)
Year-over-year, this metric declined by 100.0%, from $1.25M to $0.00. 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
Rolls up toImpairment Charges
How to read this metric
An increase indicates a deterioration in the asset's economic viability or a negative shift in long-term commodity price expectations.
Detailed definition
This metric represents non-cash charges recognized when the carrying value of an asset or asset group within a specific...
Peer comparison
Commonly reported by mining and heavy industry peers as 'Asset Impairment' or 'Write-downs' under GAAP/IFRS standards.
Metric ID:
nem_segment_porcupine_impairment_charges_note_7Historical Data
4 years
| FY'21 | FY'22 | FY'23 | FY'24 | |
|---|---|---|---|---|
| Value | $0.00 | $341.00M | $5.00M | $0.00 |
| YoY Change | — | — | -98.5% | -100.0% |
Range$0.00 – $341.00M
Avg YoY Growth-99.3%
Median YoY Growth-99.3%
Current Streak2+ years decline
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Frequently Asked Questions
- What is Newmont's porcupine — impairment charges (note 7)?
- Newmont (NEM) reported porcupine — impairment charges (note 7) of $0.00 in Q4 2024.
- How has Newmont's porcupine — impairment charges (note 7) changed year-over-year?
- Newmont's porcupine — impairment charges (note 7) decreased by 100.0% year-over-year, from $1.25M to $0.00.
- What does porcupine — impairment charges (note 7) mean?
- A non-cash charge reflecting a reduction in the book value of mining assets because their estimated future value has declined.