Operating Expenses
Exploration
Newmont Exploration decreased by 25.0% to $51.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.1%, from $49.00M to $51.00M. Over 4 years (FY 2021 to FY 2025), Exploration shows an upward trend with a 3.8% CAGR.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2018
Last reportedQ1 2026Apr 23, 2026
How to read this metric
Higher spending indicates an aggressive growth strategy, while lower spending may suggest a focus on cost preservation or a mature asset base.
Detailed definition
Exploration expense covers the costs incurred to identify and evaluate new mineral deposits to replenish reserves. This...
Peer comparison
Standard for mining companies; essential for assessing long-term production pipeline health.
Metric ID:
operating_expenses_results_of_operations_exploration_expenseHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | 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 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $52.00M | $60.00M | $62.00M | $38.00M | $62.00M | $69.00M | $62.00M | $48.00M | $66.00M | $78.00M | $73.00M | $53.00M | $57.00M | $74.00M | $82.00M | $49.00M | $61.00M | $65.00M | $68.00M | $51.00M |
| QoQ Change | — | +15.4% | +3.3% | -38.7% | +63.2% | +11.3% | -10.1% | -22.6% | +37.5% | +18.2% | -6.4% | -27.4% | +7.5% | +29.8% | +10.8% | -40.2% | +24.5% | +6.6% | +4.6% | -25.0% |
| YoY Change | — | — | — | — | +19.2% | +15.0% | +0.0% | +26.3% | +6.5% | +13.0% | +17.7% | +10.4% | -13.6% | -5.1% | +12.3% | -7.5% | +7.0% | -12.2% | -17.1% | +4.1% |
Range$38.00M – $82.00M
CAGR-0.4%
Avg YoY Growth+4.8%
Median YoY Growth+6.7%
Exploration at Other Companies
Frequently Asked Questions
- What is Newmont's exploration?
- Newmont (NEM) reported exploration of $51.00M in Q1 2026.
- How has Newmont's exploration changed year-over-year?
- Newmont's exploration increased by 4.1% year-over-year, from $49.00M to $51.00M.
- What is the long-term trend for Newmont's exploration?
- Over 4 years (2021 to 2025), Newmont's exploration has grown at a 3.8% compound annual growth rate (CAGR), from $209.00M to $243.00M.
- What does exploration mean?
- Spending on searching for new mineral deposits to replace or expand current reserves.