Newmont NEM Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax by Business | ||||||
| Ahafo North | $317M— | —— | —— | —— | $0— | |
| Ahafo South | $597M— | —— | —— | —— | $574M+19.4% | |
| Akyem | $0— | $0— | $0-100% | $18M-84.1% | $113M-1.7% | |
| Boddington | $525M-23.8% | $689M+31.0% | $526M-3.1% | $543M+11.3% | $488M-13.6% | |
| Brucejack | $281M+8.9% | $258M-5.1% | $272M+68.9% | $161M+21.1% | $133M-26.1% | |
| Cadia | $745M+17.7% | $633M+17.7% | $538M-9.7% | $596M+13.1% | $527M+24.0% | |
| Cerro Negro | $264M0.0% | $264M+27.5% | $207M+84.8% | $112M+3.7% | $108M-45.5% | |
| Éléonore | $0— | $0— | $0— | $0-100% | $138M-27.7% | |
| Lihir | $562M+4.9% | $536M+12.8% | $475M-8.1% | $517M+13.6% | $455M+4.8% | |
| Musselwhite | $0— | $0— | $0— | $0-100% | $94M-40.9% | |
| Peñasquito | $1.18B+29.8% | $909M-1.0% | $918M+12.6% | $815M+4.9% | $777M-5.1% | |
| Porcupine | $0— | $0— | $0-100% | $32M-77.9% | $145M-14.7% | |
| Tanami | $434M-9.6% | $480M+31.1% | $366M+23.2% | $297M+41.4% | $210M-34.6% | |
| Yanacocha | $677M+23.3% | $549M+3.6% | $530M+18.8% | $446M+59.9% | $279M+9.8% | |
| Other segment expenses (income) by Business | ||||||
| Ahafo North | $0— | —— | —— | —— | $0— | |
| Ahafo South | $1M— | —— | —— | —— | -$7M+26.3% | |
| Boddington | $13M+225% | $4M-42.9% | $7M-50.0% | $14M+600% | $2M+110% | |
| Brucejack | $1M— | $0-100% | $3M— | $0-100% | $4M+500% | |
| Cadia | $20M+233% | $6M-14.3% | $7M-53.3% | $15M-21.1% | $19M+168% | |
| Cerro Negro | $3M-72.7% | $11M+267% | $3M-50.0% | $6M+50.0% | $4M+100% | |
| Lihir | -$3M— | —— | $7M-22.2% | $9M+80.0% | $5M-16.7% | |
| Peñasquito | -$4M-124% | $17M+21.4% | $14M-51.7% | $29M+2,800% | $1M0.0% | |
| Red Chris | $3M+50.0% | $2M+100% | $1M+200% | -$1M0.0% | -$1M— | |
| Tanami | $20M+300% | $5M+25.0% | $4M-75.0% | $16M+1,500% | $1M+103% | |
| Yanacocha | -$14M-102% | $773M+8,689% | -$9M-164% | $14M+133% | $6M+500% | |
| Income (Loss) before Income and Mining Tax and Other Items by Business | ||||||
| Ahafo North | $220M— | —— | —— | —— | -$2M+11.1% | |
| Ahafo South | $331M— | —— | —— | —— | $275M+11.8% | |
| Boddington | $330M-23.4% | $431M+50.7% | $286M+2.5% | $279M+17.2% | $238M-14.4% | |
| Brucejack | $137M+4.6% | $131M+12.9% | $116M+404% | $23M+867% | -$3M-105% | |
| Cadia | $489M+24.1% | $394M+18.3% | $333M-0.9% | $336M+13.5% | $296M+17.9% | |
| Cerro Negro | $155M+19.2% | $130M+66.7% | $78M— | $0+100% | -$8M-114% | |
| Lihir | $338M+13.8% | $297M+42.8% | $208M-16.5% | $249M+1.6% | $245M+115% | |
| Peñasquito | $754M+83.9% | $410M-2.6% | $421M+5.8% | $398M+17.8% | $338M-7.7% | |
| Tanami | $282M-13.8% | $327M+59.5% | $205M+57.7% | $130M+31.3% | $99M-51.5% | |
| Yanacocha | $480M— | —— | $342M+44.3% | $237M+119% | $108M-51.8% | |
| Total Assets by Business | ||||||
| Ahafo North | $1.21B+1.9% | $1.19B— | —— | —— | $825M+9.9% | |
| Ahafo South | $2.02B+26.3% | $1.6B— | —— | —— | $1.89B-29.2% | |
| Boddington | $2.38B-4.7% | $2.5B+0.4% | $2.49B+6.2% | $2.34B-2.5% | $2.4B-0.7% | |
| Brucejack | $2.59B-1.4% | $2.63B+0.3% | $2.62B+0.4% | $2.61B-1.5% | $2.65B-0.3% | |
| Cadia | $6.83B+2.8% | $6.65B+2.4% | $6.49B+1.9% | $6.37B+0.8% | $6.32B+1.7% | |
| Cerro Negro | $1.95B+4.3% | $1.87B+2.8% | $1.82B-0.8% | $1.83B+0.1% | $1.83B+2.5% | |
| Lihir | $5.86B+0.9% | $5.81B+0.7% | $5.76B+0.5% | $5.74B+1.4% | $5.66B+0.5% | |
| Peñasquito | $4.79B+1.1% | $4.74B+3.8% | $4.57B+4.1% | $4.39B-6.6% | $4.7B-3.7% | |
| Tanami | $2.85B+4.3% | $2.73B+7.4% | $2.55B+4.6% | $2.43B+3.6% | $2.35B+5.1% | |
| Yanacocha | $2.39B+2.9% | $2.32B+2.5% | $2.27B+8.9% | $2.08B+7.8% | $1.93B-0.2% | |
| Costs Applicable to Sales by Business | ||||||
| Ahafo North | $75M— | —— | —— | —— | $0— | |
| Ahafo South | $212M— | —— | —— | —— | $247M+36.8% | |
| Boddington | $148M-28.8% | $208M+8.3% | $192M-7.2% | $207M+1.0% | $205M-20.2% | |
| Brucejack | $98M+24.1% | $79M-13.2% | $91M0.0% | $91M+9.6% | $83M+9.2% | |
| Cadia | $162M-2.4% | $166M+17.7% | $141M-17.1% | $170M+14.9% | $148M+12.1% | |
| Cerro Negro | $66M-16.5% | $79M-4.8% | $83M+15.3% | $72M-7.7% | $78M-11.4% | |
| Lihir | $176M-7.4% | $190M-5.9% | $202M0.0% | $202M+25.5% | $161M-35.1% | |
| Peñasquito | $297M-17.7% | $361M+4.9% | $344M+33.3% | $258M-13.7% | $299M+2.7% | |
| Tanami | $98M-11.7% | $111M-8.3% | $121M+5.2% | $115M+40.2% | $82M-24.8% | |
| Yanacocha | $140M+70.7% | $82M-29.9% | $117M-1.7% | $119M+28.0% | $93M+1.1% | |
| Reclamation and remediation (Note 6) by Business | ||||||
| Ahafo North | $0— | —— | —— | —— | $0— | |
| Ahafo South | $2M— | —— | —— | —— | $2M0.0% | |
| Boddington | $4M0.0% | $4M0.0% | $4M0.0% | $4M0.0% | $4M+33.3% | |
| Brucejack | $1M0.0% | $1M0.0% | $1M-50.0% | $2M+100% | $1M-66.7% | |
| Cadia | $1M0.0% | $1M0.0% | $1M-50.0% | $2M+100% | $1M-66.7% | |
| Cerro Negro | $2M0.0% | $2M+100% | $1M-50.0% | $2M+100% | $1M-50.0% | |
| Lihir | $4M+33.3% | $3M0.0% | $3M-25.0% | $4M+33.3% | $3M-66.7% | |
| Peñasquito | $9M+50.0% | $6M+20.0% | $5M-16.7% | $6M+20.0% | $5M0.0% | |
| Red Chris | $2M-33.3% | $3M+50.0% | $2M0.0% | $2M0.0% | $2M-60.0% | |
| Tanami | $1M0.0% | $1M— | $0-100% | $1M0.0% | $1M— | |
| Yanacocha | $39M+127% | -$147M-420% | $46M+7.0% | $43M-4.4% | $45M— | |
| D&A by Business | ||||||
| Ahafo North | $20M— | —— | —— | —— | $0— | |
| Ahafo South | $42M— | —— | —— | —— | $49M-8.8% | |
| Boddington | $29M-27.5% | $40M+8.1% | $37M-5.1% | $39M+8.3% | $36M-23.4% | |
| Brucejack | $41M0.0% | $41M-22.6% | $53M+26.2% | $42M-8.7% | $46M+48.4% | |
| Cadia | $66M+11.9% | $59M+9.3% | $54M-21.7% | $69M+9.5% | $63M+5.0% | |
| Cerro Negro | $33M-8.3% | $36M+5.9% | $34M+30.8% | $26M-7.1% | $28M-30.0% | |
| Lihir | $45M-4.3% | $47M-6.0% | $50M-2.0% | $51M+27.5% | $40M-24.5% | |
| Peñasquito | $121M+10.0% | $110M-15.4% | $130M+8.3% | $120M-7.7% | $130M-13.3% | |
| Tanami | $31M-8.8% | $34M0.0% | $34M+9.7% | $31M+24.0% | $25M-28.6% | |
| Yanacocha | $29M+7.4% | $27M-10.0% | $30M0.0% | $30M+15.4% | $26M+8.3% | |
| Capital Expenditures by Business | ||||||
| Ahafo North | $29M— | —— | —— | —— | $71M+11.4% | |
| Ahafo South | $33M— | —— | —— | —— | $42M+32.3% | |
| Boddington | $35M-18.6% | $43M+38.7% | $31M+6.9% | $29M-31.0% | $42M+10.5% | |
| Brucejack | $16M-40.7% | $27M-25.0% | $36M+44.0% | $25M+56.3% | $16M-11.1% | |
| Cadia | $163M-11.9% | $185M+33.1% | $139M-3.5% | $144M+11.6% | $129M-5.8% | |
| Cerro Negro | $25M-30.6% | $36M+16.1% | $31M-11.4% | $35M-27.1% | $48M-5.9% | |
| Lihir | $22M-29.0% | $31M-13.9% | $36M0.0% | $36M-20.0% | $45M-16.7% | |
| Peñasquito | $32M-22.0% | $41M+57.7% | $26M-16.1% | $31M+24.0% | $25M-35.9% | |
| Tanami | $145M-19.0% | $179M+23.4% | $145M+25.0% | $116M-11.5% | $131M-5.8% | |
| Yanacocha | $1M-83.3% | $6M-14.3% | $7M+75.0% | $4M0.0% | $4M-42.9% | |
| Advanced Projects, Research and Development and Exploration by Business | ||||||
| Ahafo North | $2M— | —— | —— | —— | $2M-11.1% | |
| Ahafo South | $9M— | —— | —— | —— | $8M0.0% | |
| Boddington | $1M-50.0% | $2M— | $0— | $0-100% | $3M+200% | |
| Brucejack | $3M-50.0% | $6M-25.0% | $8M+167% | $3M+50.0% | $2M-60.0% | |
| Cadia | $7M0.0% | $7M+250% | $2M-50.0% | $4M— | $0-100% | |
| Cerro Negro | $5M-16.7% | $6M-25.0% | $8M+33.3% | $6M+20.0% | $5M-28.6% | |
| Lihir | $2M0.0% | $2M-60.0% | $5M+150% | $2M+100% | $1M-75.0% | |
| Peñasquito | $3M-40.0% | $5M+25.0% | $4M0.0% | $4M0.0% | $4M-33.3% | |
| Tanami | $2M0.0% | $2M0.0% | $2M-50.0% | $4M+100% | $2M-60.0% | |
| Yanacocha | $3M-25.0% | $4M0.0% | $4M+33.3% | $3M+200% | $1M0.0% | |
| Revenue from Contract with Customer, Excluding Assessed Tax by Product | ||||||
| Gold Dore | $4.78B+7.2% | $4.46B+29.2% | $3.45B+4.8% | $3.29B+5.2% | $3.13B-14.9% | |
| Sales from concentrate and other production | $2.53B+7.2% | $2.36B+13.9% | $2.07B+2.4% | $2.03B+7.7% | $1.88B-4.8% | |
| Provisionally priced sales subject to final pricing (in ounces or pounds) by Product | ||||||
| Copper | $75M+13.6% | $66M-5.7% | $70M-4.1% | $73M-27.7% | $101M+18.8% | |
| Gold | $131K-7.1% | $141K-14.0% | $164K+7.9% | $152K-47.9% | $292K+10.2% | |
| Lead | $58M+20.8% | $48M0.0% | $48M+60.0% | $30M-26.8% | $41M-21.2% | |
| Silver | $9M+28.6% | $7M+16.7% | $6M+100% | $3M-25.0% | $4M-33.3% | |
| Zinc | $105M+25.0% | $84M-9.7% | $93M+10.7% | $84M-36.8% | $133M+16.7% | |
| D&A by Product | ||||||
| Copper | $38M-19.1% | $47M+4.4% | $45M-16.7% | $54M+12.5% | $48M-12.7% | |
| Gold | $106M+7.1% | $99M-4.8% | $104M-14.0% | $121M+6.1% | $114M+2.7% | |
| Average provisional price (in dollars per ounce or pound) by Product | ||||||
| Copper | $5.55-1.8% | $5.65+20.7% | $4.68+4.5% | $4.48+1.8% | $4.4+10.3% | |
| Gold | $4.66K+7.5% | $4.33K+12.5% | $3.85K+16.7% | $3.3K+5.5% | $3.13K+18.7% | |
| Lead | $0.85-5.6% | $0.9+1.1% | $0.89-3.3% | $0.92+1.1% | $0.91+3.4% | |
| Silver | $74.77+6.3% | $70.31+51.6% | $46.39+29.4% | $35.85+3.7% | $34.57+19.2% | |
| Zinc | $1.47+4.3% | $1.41+4.4% | $1.35+8.0% | $1.25-3.1% | $1.29-3.7% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Newmont break its business down?
- Newmont (NEM) reports revenue from contract with customer, excluding assessed tax by business across 14 parts — Ahafo North, Ahafo South, Akyem, Boddington and Brucejack. Each is extracted from the segment footnotes and tracked over time.
- Where does Newmont's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Newmont's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
