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+4.0% | —— | —— | —— | $574M+19.4% | |
| Akyem | $0-100% | $0-100% | $0-100% | $18M-83.8% | $113M-27.1% | |
| Boddington | $525M+7.6% | $689M+21.9% | $526M+31.8% | $543M+33.7% | $488M+29.8% | |
| Brucejack | $281M+111% | $258M+43.3% | $272M+7.9% | $161M+51.9% | $133M+84.7% | |
| Cadia | $745M+41.4% | $633M+48.9% | $538M+7.0% | $596M+15.1% | $527M+27.0% | |
| Cerro Negro | $264M+144% | $264M+33.3% | $207M+38.0% | $112M+72.3% | $108M-29.4% | |
| Éléonore | $0-100% | $0-100% | $0-100% | $0-100% | $138M+19.0% | |
| Lihir | $562M+23.5% | $536M+23.5% | $475M+49.8% | $517M+49.9% | $455M+20.7% | |
| Musselwhite | $0-100% | $0-100% | $0-100% | $0-100% | $94M-6.9% | |
| Peñasquito | $1.18B+51.9% | $909M+11.0% | $918M+93.3% | $815M+47.9% | $777M+62.9% | |
| Porcupine | $0-100% | $0-100% | $0-100% | $32M-84.5% | $145M+16.0% | |
| Tanami | $434M+107% | $480M+49.5% | $366M+47.6% | $297M+28.6% | $210M+11.7% | |
| Yanacocha | $677M+143% | $549M+116% | $530M+141% | $446M+146% | $279M+50.0% | |
| Other segment expenses (income) by Business | ||||||
| Ahafo North | $0— | —— | —— | —— | $0— | |
| Ahafo South | $1M+114% | —— | —— | —— | -$7M+26.3% | |
| Boddington | $13M+550% | $4M+119% | $7M+16.7% | $14M+250% | $2M+117% | |
| Brucejack | $1M-75.0% | $0+100% | $3M+200% | $0-100% | $4M+500% | |
| Cadia | $20M+5.3% | $6M+121% | $7M-41.7% | $15M+650% | $19M+311% | |
| Cerro Negro | $3M-25.0% | $11M+450% | $3M0.0% | $6M+20.0% | $4M+33.3% | |
| Lihir | -$3M-160% | —— | $7M+40.0% | $9M0.0% | $5M+400% | |
| Peñasquito | -$4M-500% | $17M+1,600% | $14M-62.2% | $29M+3,000% | $1M-83.3% | |
| Red Chris | $3M+400% | $2M— | $1M+125% | -$1M— | -$1M-200% | |
| Tanami | $20M+1,900% | $5M+116% | $4M-66.7% | $16M+60.0% | $1M+111% | |
| Yanacocha | -$14M-333% | $773M+77,200% | -$9M-50.0% | $14M+100% | $6M— | |
| Income (Loss) before Income and Mining Tax and Other Items by Business | ||||||
| Ahafo North | $220M+11,100% | —— | —— | —— | -$2M+11.1% | |
| Ahafo South | $331M+20.4% | —— | —— | —— | $275M+11.8% | |
| Boddington | $330M+38.7% | $431M+55.0% | $286M+64.4% | $279M+59.4% | $238M+51.6% | |
| Brucejack | $137M+4,667% | $131M+98.5% | $116M+54.7% | $23M+475% | -$3M+91.9% | |
| Cadia | $489M+65.2% | $394M+57.0% | $333M+24.7% | $336M+11.6% | $296M+33.3% | |
| Cerro Negro | $155M+2,038% | $130M+120% | $78M+290% | $0+100% | -$8M-116% | |
| Lihir | $338M+38.0% | $297M+161% | $208M+215% | $249M+97.6% | $245M+50.3% | |
| Peñasquito | $754M+123% | $410M+12.0% | $421M+725% | $398M+144% | $338M+445% | |
| Tanami | $282M+185% | $327M+60.3% | $205M+107% | $130M+64.6% | $99M+20.7% | |
| Yanacocha | $480M+344% | —— | $342M+490% | $237M+977% | $108M+440% | |
| Total Assets by Business | ||||||
| Ahafo North | $1.21B+47.2% | $1.19B+58.6% | —— | —— | $825M— | |
| Ahafo South | $2.02B+6.9% | $1.6B-40.1% | —— | —— | $1.89B— | |
| Boddington | $2.38B-0.9% | $2.5B+3.3% | $2.49B+0.9% | $2.34B-2.9% | $2.4B+0.6% | |
| Brucejack | $2.59B-2.2% | $2.63B-1.1% | $2.62B-37.6% | $2.61B-37.5% | $2.65B-36.3% | |
| Cadia | $6.83B+8.1% | $6.65B+7.1% | $6.49B0.0% | $6.37B+0.3% | $6.32B+1.2% | |
| Cerro Negro | $1.95B+6.3% | $1.87B+4.5% | $1.82B+3.1% | $1.83B+5.6% | $1.83B+6.7% | |
| Lihir | $5.86B+3.6% | $5.81B+3.2% | $5.76B+39.1% | $5.74B+43.3% | $5.66B+44.8% | |
| Peñasquito | $4.79B+2.0% | $4.74B-2.8% | $4.57B-2.5% | $4.39B-10.3% | $4.7B-2.2% | |
| Tanami | $2.85B+21.3% | $2.73B+22.3% | $2.55B+19.4% | $2.43B+19.1% | $2.35B+19.2% | |
| Yanacocha | $2.39B+23.8% | $2.32B+20.2% | $2.27B+18.9% | $2.08B+10.6% | $1.93B+3.4% | |
| Costs Applicable to Sales by Business | ||||||
| Ahafo North | $75M— | —— | —— | —— | $0— | |
| Ahafo South | $212M-14.2% | —— | —— | —— | $247M+36.8% | |
| Boddington | $148M-27.8% | $208M-19.1% | $192M+6.7% | $207M+10.1% | $205M+6.8% | |
| Brucejack | $98M+18.1% | $79M+3.9% | $91M-7.1% | $91M+42.2% | $83M+12.2% | |
| Cadia | $162M+9.5% | $166M+25.8% | $141M-11.9% | $170M+18.1% | $148M+5.0% | |
| Cerro Negro | $66M-15.4% | $79M-10.2% | $83M-8.8% | $72M+2.9% | $78M+23.8% | |
| Lihir | $176M+9.3% | $190M-23.4% | $202M-1.9% | $202M+24.7% | $161M-5.8% | |
| Peñasquito | $297M-0.7% | $361M+24.1% | $344M+26.0% | $258M-4.8% | $299M+2.0% | |
| Tanami | $98M+19.5% | $111M+1.8% | $121M+23.5% | $115M+13.9% | $82M0.0% | |
| Yanacocha | $140M+50.5% | $82M-10.9% | $117M+21.9% | $119M+54.5% | $93M+5.7% | |
| Reclamation and remediation (Note 6) by Business | ||||||
| Ahafo North | $0— | —— | —— | —— | $0— | |
| Ahafo South | $2M0.0% | —— | —— | —— | $2M0.0% | |
| Boddington | $4M0.0% | $4M+33.3% | $4M0.0% | $4M+33.3% | $4M+33.3% | |
| Brucejack | $1M0.0% | $1M-66.7% | $1M0.0% | $2M— | $1M0.0% | |
| Cadia | $1M0.0% | $1M-66.7% | $1M— | $2M+100% | $1M0.0% | |
| Cerro Negro | $2M+100% | $2M0.0% | $1M0.0% | $2M+100% | $1M0.0% | |
| Lihir | $4M+33.3% | $3M-66.7% | $3M+200% | $4M+300% | $3M+200% | |
| Peñasquito | $9M+80.0% | $6M+20.0% | $5M0.0% | $6M+20.0% | $5M0.0% | |
| Red Chris | $2M0.0% | $3M-40.0% | $2M+100% | $2M+100% | $2M— | |
| Tanami | $1M0.0% | $1M— | $0-100% | $1M0.0% | $1M— | |
| Yanacocha | $39M-13.3% | -$147M— | $46M-2.1% | $43M-10.4% | $45M-6.3% | |
| D&A by Business | ||||||
| Ahafo North | $20M— | —— | —— | —— | $0— | |
| Ahafo South | $42M-14.3% | —— | —— | —— | $49M-8.8% | |
| Boddington | $29M-19.4% | $40M-14.9% | $37M+8.8% | $39M+11.4% | $36M+2.9% | |
| Brucejack | $41M-10.9% | $41M+32.3% | $53M-24.3% | $42M+16.7% | $46M+31.4% | |
| Cadia | $66M+4.8% | $59M-1.7% | $54M-11.5% | $69M+4.5% | $63M+14.5% | |
| Cerro Negro | $33M+17.9% | $36M-10.0% | $34M+9.7% | $26M+18.2% | $28M-6.7% | |
| Lihir | $45M+12.5% | $47M-11.3% | $50M+35.1% | $51M+18.6% | $40M+14.3% | |
| Peñasquito | $121M-6.9% | $110M-26.7% | $130M+21.5% | $120M+9.1% | $130M+19.3% | |
| Tanami | $31M+24.0% | $34M-2.9% | $34M+13.3% | $31M-6.1% | $25M0.0% | |
| Yanacocha | $29M+11.5% | $27M+12.5% | $30M+30.4% | $30M+30.4% | $26M-7.1% | |
| Capital Expenditures by Business | ||||||
| Ahafo North | $29M-59.2% | —— | —— | —— | $71M+11.4% | |
| Ahafo South | $33M-21.4% | —— | —— | —— | $42M+32.3% | |
| Boddington | $35M-16.7% | $43M+13.2% | $31M-8.8% | $29M0.0% | $42M+50.0% | |
| Brucejack | $16M0.0% | $27M+50.0% | $36M+112% | $25M+31.6% | $16M0.0% | |
| Cadia | $163M+26.4% | $185M+35.0% | $139M-10.3% | $144M+7.5% | $129M+16.2% | |
| Cerro Negro | $25M-47.9% | $36M-29.4% | $31M-46.6% | $35M+12.9% | $48M+4.3% | |
| Lihir | $22M-51.1% | $31M-42.6% | $36M-18.2% | $36M-10.0% | $45M-18.2% | |
| Peñasquito | $32M+28.0% | $41M+5.1% | $26M-18.8% | $31M+19.2% | $25M-21.9% | |
| Tanami | $145M+10.7% | $179M+28.8% | $145M+34.3% | $116M+10.5% | $131M+54.1% | |
| Yanacocha | $1M-75.0% | $6M-14.3% | $7M-66.7% | $4M-55.6% | $4M-83.3% | |
| Advanced Projects, Research and Development and Exploration by Business | ||||||
| Ahafo North | $2M0.0% | —— | —— | —— | $2M-11.1% | |
| Ahafo South | $9M+12.5% | —— | —— | —— | $8M0.0% | |
| Boddington | $1M-66.7% | $2M+100% | $0-100% | $0-100% | $3M+200% | |
| Brucejack | $3M+50.0% | $6M+20.0% | $8M+14.3% | $3M+200% | $2M— | |
| Cadia | $7M— | $7M0.0% | $2M-33.3% | $4M0.0% | $0-100% | |
| Cerro Negro | $5M0.0% | $6M-14.3% | $8M+100% | $6M+100% | $5M0.0% | |
| Lihir | $2M+100% | $2M-50.0% | $5M+150% | $2M-50.0% | $1M-83.3% | |
| Peñasquito | $3M-25.0% | $5M-16.7% | $4M+100% | $4M+33.3% | $4M+100% | |
| Tanami | $2M0.0% | $2M-60.0% | $2M-75.0% | $4M-42.9% | $2M-75.0% | |
| Yanacocha | $3M+200% | $4M+300% | $4M+100% | $3M-25.0% | $1M-50.0% | |
| Revenue from Contract with Customer, Excluding Assessed Tax by Product | ||||||
| Gold Dore | $4.78B+52.6% | $4.46B+21.2% | $3.45B+10.6% | $3.29B+16.2% | $3.13B+16.7% | |
| Sales from concentrate and other production | $2.53B+34.6% | $2.36B+19.5% | $2.07B+39.7% | $2.03B+29.1% | $1.88B+40.1% | |
| Provisionally priced sales subject to final pricing (in ounces or pounds) by Product | ||||||
| Copper | $75M-25.7% | $66M-22.4% | $70M-19.5% | $73M-2.7% | $101M+32.9% | |
| Gold | $131K-55.1% | $141K-46.8% | $164K-29.0% | $152K-25.5% | $292K+39.7% | |
| Lead | $58M+41.5% | $48M-7.7% | $48M+167% | $30M+7.1% | $41M-10.9% | |
| Silver | $9M+125% | $7M+16.7% | $6M+100% | $3M-40.0% | $4M-20.0% | |
| Zinc | $105M-21.1% | $84M-26.3% | $93M+89.8% | $84M+5.0% | $133M+52.9% | |
| D&A by Product | ||||||
| Copper | $38M-20.8% | $47M-14.5% | $45M-27.4% | $54M0.0% | $48M+4.3% | |
| Gold | $106M-7.0% | $99M-10.8% | $104M+22.4% | $121M+39.1% | $114M+44.3% | |
| Average provisional price (in dollars per ounce or pound) by Product | ||||||
| Copper | $5.55+26.1% | $5.65+41.6% | $4.68+4.5% | $4.48+3.0% | $4.4+10.3% | |
| Gold | $4.66K+48.9% | $4.33K+64.4% | $3.85K+45.7% | $3.3K+41.5% | $3.13K+40.7% | |
| Lead | $0.85-6.6% | $0.9+2.3% | $0.89-5.3% | $0.92-7.1% | $0.91-1.1% | |
| Silver | $74.77+116% | $70.31+143% | $46.39+48.8% | $35.85+22.6% | $34.57+39.3% | |
| Zinc | $1.47+14.0% | $1.41+5.2% | $1.35-3.6% | $1.25-5.3% | $1.29+17.3% |
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.
