What is Newmont's porcupine — reclamation and remediation (note 6)?

Newmont (NEM) reported porcupine — reclamation and remediation (note 6) of $1.00M in Q2 2025.

How has Newmont's porcupine — reclamation and remediation (note 6) changed year-over-year?

Newmont's porcupine — reclamation and remediation (note 6) decreased by 75.0% year-over-year, from $4.00M to $1.00M.

What is the long-term trend for Newmont's porcupine — reclamation and remediation (note 6)?

Over 2 years (2022 to 2024), Newmont's porcupine — reclamation and remediation (note 6) has grown at a -47.5% compound annual growth rate (CAGR), from $98.00M to $27.00M.

What does porcupine — reclamation and remediation (note 6) mean?

The estimated financial liability for cleaning up and restoring the Porcupine mine site after operations end.

Discontinued — last reported Q2 '25

Business Segments · Reclamation and remediation (Note 6)

Porcupine — Reclamation and remediation (Note 6)

Newmont Porcupine — Reclamation and remediation (Note 6) decreased by 80.0% to $1.00M in Q2 2025 compared to the prior quarter. Year-over-year, this metric declined by 75.0%, from $4.00M to $1.00M. Over 2 years (FY 2022 to FY 2024), Porcupine — Reclamation and remediation (Note 6) shows a downward trend with a -47.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment

CategoryRisk

SignalLower is better

VolatilityStable

First reportedQ1 2022

Last reportedQ2 2025Jul 24, 2025

Rolls up toReclamation and remediation (Note 6)

How to read this metric

An increase reflects higher anticipated environmental closure costs or updated regulatory requirements for site restoration.

Detailed definition

This metric tracks the estimated costs required to restore the Porcupine mine site to its natural state following the ce...

Peer comparison

Comparable to 'Asset Retirement Obligations' or 'Environmental Provision' expenses reported by other mining firms.

Metric ID: nem_segment_porcupine_reclamation_and_remediation_note_6

Historical Data

14 periods

	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	Q2 '25
Value	$24.50M	$24.50M	$24.50M	$24.50M	$4.50M	$4.50M	$4.50M	$4.50M	$5.00M	$4.00M	$4.00M	$14.00M	$5.00M	$1.00M
QoQ Change	—	+0.0%	+0.0%	+0.0%	-81.6%	+0.0%	+0.0%	+0.0%	+11.1%	-20.0%	+0.0%	+250.0%	-64.3%	-80.0%
YoY Change	—	—	—	—	-81.6%	-81.6%	-81.6%	-81.6%	+11.1%	-11.1%	-11.1%	+211.1%	+0.0%	-75.0%

Range$1.00M – $24.50M

CAGR-62.6%

Avg YoY Growth-20.2%

Median YoY Growth-43.1%

Current Streak2 quarters decline

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Frequently Asked Questions

What is Newmont's porcupine — reclamation and remediation (note 6)?: Newmont (NEM) reported porcupine — reclamation and remediation (note 6) of $1.00M in Q2 2025.
How has Newmont's porcupine — reclamation and remediation (note 6) changed year-over-year?: Newmont's porcupine — reclamation and remediation (note 6) decreased by 75.0% year-over-year, from $4.00M to $1.00M.
What is the long-term trend for Newmont's porcupine — reclamation and remediation (note 6)?: Over 2 years (2022 to 2024), Newmont's porcupine — reclamation and remediation (note 6) has grown at a -47.5% compound annual growth rate (CAGR), from $98.00M to $27.00M.
What does porcupine — reclamation and remediation (note 6) mean?: The estimated financial liability for cleaning up and restoring the Porcupine mine site after operations end.