Discontinued — last reported Q1 '23
Newmont South America — Costs Applicable to Sales decreased by 63.7% to $85.00M in Q1 2023 compared to the prior quarter. Year-over-year, this metric declined by 60.8%, from $217.00M to $85.00M. This is a positive signal — lower values indicate better performance for this metric.
An increase relative to revenue suggests margin compression and rising operational costs, while a decrease signals improved cost control or higher operational efficiency.
This metric captures the direct operating costs associated with the production and sale of metals within the South Ameri...
Equivalent to 'Cash Costs' or 'Cost of Goods Sold' reported by peer gold mining companies.
nem_segment_south_america_segment_costs_applicable_to_sales| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | |
|---|---|---|---|---|---|---|
| Value | $184.00M | $226.00M | $217.00M | $238.00M | $234.00M | $85.00M |
| QoQ Change | — | +22.8% | -4.0% | +9.7% | -1.7% | -63.7% |
| YoY Change | — | — | — | +29.3% | +3.5% | -60.8% |