Newmont Mining Corporation reported its Q1 2016 results. Key highlights included:
- Gold production of 1.2 million ounces, up 4% from the prior year quarter.
- AISC of $828 per ounce and 2016 outlook lowered by $20 per ounce.
- Adjusted EBITDA of $803 million on strong operating performance.
- Free cash flow of $227 million while continuing to self-fund profitable growth projects.
Kinross Gold Corporation completed studies on a two-phased expansion of its Tasiast mine in Mauritania. Phase One involves expanding the processing capacity to 12,000 tonnes per day at an initial capital cost of $300 million, which is expected to increase average annual production to 409,000 ounces, reduce costs per ounce by 50%, and generate an internal rate of return of 20%. Phase Two pre-feasibility studies were also completed. The two-phased approach offers significant growth potential for Tasiast at a lower capital cost than previously estimated. Kinross is proceeding with Phase One of the expansion.
Kinross Gold Corp European Gold Forum PresentationKinrossGold
Kinross Gold Corporation is a gold mining company that produced 2.6 million ounces of gold equivalent in 2015, meeting or exceeding its revised guidance targets. For 2016, Kinross expects production of 2.7-2.9 million ounces at a cost of sales of $675-735 per ounce and all-in sustaining costs of $890-990 per ounce. Capital expenditures are forecasted to be $755 million. The Americas are expected to contribute 61% of 2016 production at a cost of sales of $730-790 per ounce from its six mines in the US, Brazil and Chile. Kinross has a diversified portfolio of operating mines and development projects globally.
Kinross Gold Corporation reported its fourth quarter and full-year 2015 results. Key highlights included meeting or exceeding its revised 2015 guidance by producing 2.6 million ounces of gold equivalent at a cost of sales of $696 per ounce and capital expenditures of $610 million. The company also acquired two producing mines in Nevada, enhancing its American portfolio. For 2016, Kinross expects to produce between 2.7-2.9 million ounces of gold equivalent at a reduced overhead expense of $165 million and capital expenditures of $595 million, excluding potential expansion at Tasiast.
Newmont Mining Corporation reported its full year and Q4 2015 earnings. Key highlights include:
- The company lowered its all-in sustaining costs by 10% to $898/oz for 2015 and continued to deliver its strategy of improving the underlying business and strengthening its portfolio.
- Operationally, the company increased gold production by 4% to 5.0 million ounces in 2015 while lowering injury rates by 18% and reducing costs.
- Financially, the company increased adjusted EBITDA by 29% to $2.7 billion in 2015, more than doubled its free cash flow to $756 million, and lowered its net debt.
- Looking forward, the company aims to deliver safe and profitable
Gary Goldberg, President and CEO of Newmont Mining Corporation, presented at the BMO Metals & Mining Conference on February 29, 2016. The presentation included forward-looking statements and cautioned that actual results could differ materially from expectations. It provided an overview of Newmont's strategy to improve the underlying business, strengthen its portfolio, and create shareholder value. Key highlights included ongoing cost and efficiency improvements, a focus on projects with long mine lives and lower costs, and strong financial and operating performance.
Gary Goldberg, President and CEO of Newmont Mining Corporation, presented at the BAML Metals & Mining Conference in May 2016. The presentation focused on Newmont's strategy of improving its underlying business through leading safety and cost performance, strengthening its portfolio through organic growth and transactions, and creating shareholder value through a superior balance sheet and cash flow. Newmont has reduced costs by 30% since 2012 and is building a longer-life, lower-cost asset portfolio through projects like Merian and Long Canyon.
1) The document discusses Yamana Gold's high quality portfolio of gold and silver assets in the Americas that is poised for value accretion.
2) Preliminary Q1 2016 results are tracking well with production and costs in line with expectations despite stronger local currencies.
3) Near and medium term catalysts include continuing to meet or exceed guidance, advancing projects and exploration, and strengthening the balance sheet.
4) The acquisition of Riacho dos Machados adds critical mass to the Brio Gold division and a copper purchase agreement fully funds the acquisition and capital for the mine.
This corporate presentation by Alamos Gold provides an overview of the company and its operations. Key points include:
- Alamos is a mid-tier gold producer with diversified production of 400,000-430,000 ounces from three North American mines in 2017.
- Costs are expected to decrease in 2017, with all-in sustaining costs projected to decline 7% to $940 per ounce.
- The company has a pipeline of six development projects that will support long-term growth in a disciplined manner.
- Alamos has a strong balance sheet with $492 million in pro forma cash to fund growth initiatives and debt repayment.
Kinross Gold Corporation completed studies on a two-phased expansion of its Tasiast mine in Mauritania. Phase One involves expanding the processing capacity to 12,000 tonnes per day at an initial capital cost of $300 million, which is expected to increase average annual production to 409,000 ounces, reduce costs per ounce by 50%, and generate an internal rate of return of 20%. Phase Two pre-feasibility studies were also completed. The two-phased approach offers significant growth potential for Tasiast at a lower capital cost than previously estimated. Kinross is proceeding with Phase One of the expansion.
Kinross Gold Corp European Gold Forum PresentationKinrossGold
Kinross Gold Corporation is a gold mining company that produced 2.6 million ounces of gold equivalent in 2015, meeting or exceeding its revised guidance targets. For 2016, Kinross expects production of 2.7-2.9 million ounces at a cost of sales of $675-735 per ounce and all-in sustaining costs of $890-990 per ounce. Capital expenditures are forecasted to be $755 million. The Americas are expected to contribute 61% of 2016 production at a cost of sales of $730-790 per ounce from its six mines in the US, Brazil and Chile. Kinross has a diversified portfolio of operating mines and development projects globally.
Kinross Gold Corporation reported its fourth quarter and full-year 2015 results. Key highlights included meeting or exceeding its revised 2015 guidance by producing 2.6 million ounces of gold equivalent at a cost of sales of $696 per ounce and capital expenditures of $610 million. The company also acquired two producing mines in Nevada, enhancing its American portfolio. For 2016, Kinross expects to produce between 2.7-2.9 million ounces of gold equivalent at a reduced overhead expense of $165 million and capital expenditures of $595 million, excluding potential expansion at Tasiast.
Newmont Mining Corporation reported its full year and Q4 2015 earnings. Key highlights include:
- The company lowered its all-in sustaining costs by 10% to $898/oz for 2015 and continued to deliver its strategy of improving the underlying business and strengthening its portfolio.
- Operationally, the company increased gold production by 4% to 5.0 million ounces in 2015 while lowering injury rates by 18% and reducing costs.
- Financially, the company increased adjusted EBITDA by 29% to $2.7 billion in 2015, more than doubled its free cash flow to $756 million, and lowered its net debt.
- Looking forward, the company aims to deliver safe and profitable
Gary Goldberg, President and CEO of Newmont Mining Corporation, presented at the BMO Metals & Mining Conference on February 29, 2016. The presentation included forward-looking statements and cautioned that actual results could differ materially from expectations. It provided an overview of Newmont's strategy to improve the underlying business, strengthen its portfolio, and create shareholder value. Key highlights included ongoing cost and efficiency improvements, a focus on projects with long mine lives and lower costs, and strong financial and operating performance.
Gary Goldberg, President and CEO of Newmont Mining Corporation, presented at the BAML Metals & Mining Conference in May 2016. The presentation focused on Newmont's strategy of improving its underlying business through leading safety and cost performance, strengthening its portfolio through organic growth and transactions, and creating shareholder value through a superior balance sheet and cash flow. Newmont has reduced costs by 30% since 2012 and is building a longer-life, lower-cost asset portfolio through projects like Merian and Long Canyon.
1) The document discusses Yamana Gold's high quality portfolio of gold and silver assets in the Americas that is poised for value accretion.
2) Preliminary Q1 2016 results are tracking well with production and costs in line with expectations despite stronger local currencies.
3) Near and medium term catalysts include continuing to meet or exceed guidance, advancing projects and exploration, and strengthening the balance sheet.
4) The acquisition of Riacho dos Machados adds critical mass to the Brio Gold division and a copper purchase agreement fully funds the acquisition and capital for the mine.
This corporate presentation by Alamos Gold provides an overview of the company and its operations. Key points include:
- Alamos is a mid-tier gold producer with diversified production of 400,000-430,000 ounces from three North American mines in 2017.
- Costs are expected to decrease in 2017, with all-in sustaining costs projected to decline 7% to $940 per ounce.
- The company has a pipeline of six development projects that will support long-term growth in a disciplined manner.
- Alamos has a strong balance sheet with $492 million in pro forma cash to fund growth initiatives and debt repayment.
This document provides an overview and schedule for the Unearthing the Future International Convention, Trade Show & Investors Exchange taking place in Toronto, Canada from March 5-8, 2017. It discusses SEMAFO's assets in West Africa including their Mana Mine in Burkina Faso and the construction of their new Natougou Mine, which is scheduled to begin production in the second half of 2018. It also summarizes their exploration and growth strategy, social investment programs, and 2017 operational priorities.
- Detour Gold Corporation presented its corporate presentation for February 9-10, 2016.
- In 2015, Detour Gold achieved 505,558 ounces of gold production, an 11% increase over 2014, met its mining and milling targets, and estimated its 2015 all-in sustaining costs to be between $1,040-1,060 per ounce sold.
- For 2016, Detour Gold provided production guidance of 540,000-590,000 ounces of gold and estimated total cash costs of $675-750 per ounce and all-in sustaining costs of $840-940 per ounce.
This document contains the forward-looking statements of Newmont Mining Corporation's Chief Financial Officer Laurie Brlas at the CIBC 19th Annual Whistler Investor Conference in January 2016. The statements caution that forward-looking estimates are based on assumptions that may prove incorrect, including assumptions about geology, mine plans, permits, metal prices, exchange rates, and costs. Brlas outlines Newmont's strategy to improve operations, strengthen its portfolio, and create shareholder value. Newmont has reduced costs, increased productivity and asset value through projects and divestitures while maintaining a strong balance sheet.
SEMAFO has a track record of operating success in West Africa, with low-cost gold production of 255,900 ounces in 2015. The company's feasibility study shows that its Natougou project has robust economics, including an after-tax IRR of 48% and payback period of 1.5 years. SEMAFO is focused on targeted exploration near its Mana mine and at Natougou to increase reserves and resources. With $167 million in cash and an increased credit facility, SEMAFO has the financial strength to bring Natougou into production by late 2018.
Kinross Gold Corporation presented at the TD Securities 2016 Mining Conference in January 2016. The presentation focused on Kinross' principles of operational excellence, quality over quantity, disciplined capital allocation, and maintaining a strong balance sheet. It provided updates on Kinross' diversified portfolio of operating mines and organic growth opportunities, including positive pre-feasibility study results for the La Coipa Project and concepts for a phased expansion at Tasiast.
Corporate presentation january 2017 v finalnewgold2011
This corporate presentation provides cautionary statements regarding forward-looking information in the document. It notes that all dollar amounts are in US dollars unless otherwise stated. It also outlines key assumptions and risk factors that could cause actual results to differ from forward-looking statements. Forward-looking statements include production guidance, resource and reserve estimates, construction timelines and costs for the Rainy River project, and other operating parameters. These statements are based on certain material assumptions regarding the business, including around political and economic conditions, commodity prices, exchange rates, costs, and permitting. However, forward-looking statements are subject to risks and uncertainties that could cause actual results to differ from expectations.
Operations continue to deliver strong performance in the second quarter of 2017, with total gold production of 427,743 ounces and total cash costs per ounce of $556. Infill and exploration drilling at multiple properties, including LaRonde and Amaruq, yielded positive results that are expected to result in mineral resource additions and conversions. The Meliadine project is progressing on schedule and budget, with underground development ahead of plan and engineering 80% complete at the end of June 2017.
- Agnico Eagle reported strong fourth quarter and full year 2015 results, exceeding annual gold production guidance for the fourth consecutive year.
- For 2016, the company expects gold production of 1.525-1.565 million ounces at total cash costs of $590-630 per ounce, with continued stable production and costs through 2018.
- Significant increases in gold resources were reported at the Amaruq, El Barqueño, and Sisar Zone projects, which could support future production growth beyond 2019.
The document discusses Agnico Eagle's third quarter 2016 results. It provides forward-looking statements regarding production guidance, projects, and costs. It notes the risks and assumptions underlying the forward-looking statements. It also discusses non-GAAP measures used to evaluate performance such as total cash costs per ounce and all-in sustaining costs per ounce.
Newmont Mining Corporation reported its Q1 2017 earnings. Gold production for Q1 was 1.2 Moz, up 9% year-over-year and the company remains on track to meet its full-year guidance of 4.9-5.4 Moz. All-in sustaining costs for Q1 were $900/oz, below guidance. Newmont also approved expansions at its Ahafo mine in Africa, which will improve profitability and mine life. The expansions include an underground mine and mill expansion.
Kinross Gold Corporation held a Q1 2016 results conference call and webcast on May 11, 2016. Key highlights from the call include: Kinross delivered strong performance in Q1 2016 with production increasing and costs decreasing year-over-year. Kinross is on track to meet its 2016 guidance targets. The Tasiast Phase One project is progressing well with engineering 55% complete and major earthworks scheduled to begin in June. Phase One is expected to significantly increase production and reduce costs at Tasiast.
062916 nevada mine tour presentation final printedKinrossGold
Kinross Gold Corporation hosted a mine tour at its Bald Mountain Mine in Nevada on June 29-30, 2016. The presentation provided an overview of Bald Mountain, including:
1) Bald Mountain is a large, open-pit heap leach gold mine in Nevada with significant mineral reserves and upside potential from resource conversion and exploration.
2) Near-term opportunities exist to potentially double mineral reserve estimates by the end of Q1 2017 through conversion of the Vantage Complex and Saga Extension.
3) Longer-term opportunities for further mine life extension include converting measured and indicated resources to reserves with additional drilling and permitting. Bald Mountain also has extensive exploration potential across its large land package.
Kinross Gold Corporation presented at the BMO Capital Markets Global Mining & Metals Conference on February 26-28, 2017. Kinross has a diverse portfolio of operating mines that consistently meet or outperform operational targets. Kinross is advancing high-quality organic development projects that offer opportunities to expand production or extend mine life at existing operations. These projects include the two-phased expansion at Tasiast and developing the potential at Bald Mountain. Kinross maintains a strong balance sheet and financial flexibility to fund its projects.
This document provides a summary of Kinross Gold Corporation's Q3 2016 results conference call. It discusses strong operational and financial performance in Q3 2016, with increased production and lower costs compared to Q2 2016. Key growth opportunities are also highlighted, including projects at Bald Mountain, Round Mountain Phase W, La Coipa Phase 7, and Tasiast's two-phased expansion. Guidance for 2016 is updated, with capital expenditures lowered to $650-675 million.
Kirkland lake gold investor presentation feb bmo conference finalkirklandlakegoldinc
1. Kirkland Lake Gold is a tier one gold producer with operations in Canada and Australia that is forecasting 2017 gold production of 500,000-525,000 ounces at an operating cash cost of $625-675 per ounce and all-in sustaining costs of $950-1,000 per ounce.
2. As of December 31, 2016, Kirkland Lake Gold had a strong cash position of US$234 million and net cash of US$145 million providing financial flexibility.
3. The company has significant exploration potential across its Canadian and Australian assets and has budgeted US$45-55 million for growth exploration in 2017.
This three sentence summary provides the high level information from the investor presentation document:
The document is an investor presentation from Newmont Mining Corporation that includes forward-looking statements and cautions readers that actual results may differ. It outlines Newmont's strategy of improving operational performance, strengthening its portfolio through projects like Merian and Long Canyon, and creating shareholder value through increased free cash flow and returns. The presentation also provides updates on Newmont's safety and sustainability performance as well as its financial and operating results.
- The document is Yamana Gold's first quarter report from 2017, which provides an overview of the company's performance and outlook.
- It discusses Yamana's progress on its six pillar approach, including improving operations, advancing development projects, strengthening its balance sheet, making exploration discoveries, growing its pipeline, and rationalizing non-core assets.
- Key highlights mentioned are that production and costs were better than budget in Q1, consolidated gold production guidance was increased, and significant improvements are expected in the second half of 2017 across various operations.
- Newmont Mining Corporation presented at the Goldman Sachs Global Metals & Mining Conference in November 2016
- The presentation outlines Newmont's strategy to improve its underlying business, strengthen its portfolio, and create shareholder value through optimizing costs, organic growth, and portfolio enhancements
- Newmont highlights its track record of reducing costs, extending mine life through reinvestment and divestment, growing production, improving margins, and generating industry-leading returns and free cash flow
Gary Goldberg, President and CEO of Newmont Mining Corporation, presented at the BMO Metals & Mining Conference on February 27, 2017. The presentation included:
1) Cautionary statements regarding the forward-looking nature of estimates and expectations in the presentation.
2) An overview of Newmont's strategy to deliver long-term shareholder value through steady long-term gold production, ongoing cost discipline and capital investment in profitable growth projects.
3) Details on Newmont's consistently strong operational and financial results in recent years, as well as leading safety and sustainability performance.
Newmont Mining Corporation is selling its 48.5% economic interest in PT Nusa Tenggara Mining for $1.3 billion total consideration. The sale is expected to close in Q3 2016 pending regulatory approvals. Proceeds will be used to repay debt and fund highest margin projects. Post-sale, 92% of Newmont's reserve base will be gold, improving the risk profile of its portfolio. The transaction supports Newmont's strategy of optimizing its portfolio through asset sales.
- Newmont Mining Corporation reported its Q2 2016 results on July 21, 2016
- The company saw a 7% increase in attributable gold production and an 11% increase in attributable gold sales compared to Q2 2015
- All-in sustaining costs were 4% lower than Q2 2015, and the company lowered its 2016 AISC outlook by $10/oz
- Newmont plans to close the sale of its interest in PT Nusa Tenggara Mining in Q3 2016, which will provide $920M in gross cash proceeds and align the company's portfolio with its strategic goal of focusing on gold
This document summarizes Newmont Mining Corporation's Q3 2016 results. It discusses improvements in safety and cost performance. It highlights projects like Merian and Long Canyon that have begun production ahead of schedule and under budget. It also provides financial details like revenue, earnings, and debt reduction. Newmont reiterates its full-year production and cost guidance. The pending sale of PTNNT is discussed along with expected proceeds and impact. The presentation emphasizes Newmont's leadership in sustainability and portfolio optimization efforts.
This document provides an overview and schedule for the Unearthing the Future International Convention, Trade Show & Investors Exchange taking place in Toronto, Canada from March 5-8, 2017. It discusses SEMAFO's assets in West Africa including their Mana Mine in Burkina Faso and the construction of their new Natougou Mine, which is scheduled to begin production in the second half of 2018. It also summarizes their exploration and growth strategy, social investment programs, and 2017 operational priorities.
- Detour Gold Corporation presented its corporate presentation for February 9-10, 2016.
- In 2015, Detour Gold achieved 505,558 ounces of gold production, an 11% increase over 2014, met its mining and milling targets, and estimated its 2015 all-in sustaining costs to be between $1,040-1,060 per ounce sold.
- For 2016, Detour Gold provided production guidance of 540,000-590,000 ounces of gold and estimated total cash costs of $675-750 per ounce and all-in sustaining costs of $840-940 per ounce.
This document contains the forward-looking statements of Newmont Mining Corporation's Chief Financial Officer Laurie Brlas at the CIBC 19th Annual Whistler Investor Conference in January 2016. The statements caution that forward-looking estimates are based on assumptions that may prove incorrect, including assumptions about geology, mine plans, permits, metal prices, exchange rates, and costs. Brlas outlines Newmont's strategy to improve operations, strengthen its portfolio, and create shareholder value. Newmont has reduced costs, increased productivity and asset value through projects and divestitures while maintaining a strong balance sheet.
SEMAFO has a track record of operating success in West Africa, with low-cost gold production of 255,900 ounces in 2015. The company's feasibility study shows that its Natougou project has robust economics, including an after-tax IRR of 48% and payback period of 1.5 years. SEMAFO is focused on targeted exploration near its Mana mine and at Natougou to increase reserves and resources. With $167 million in cash and an increased credit facility, SEMAFO has the financial strength to bring Natougou into production by late 2018.
Kinross Gold Corporation presented at the TD Securities 2016 Mining Conference in January 2016. The presentation focused on Kinross' principles of operational excellence, quality over quantity, disciplined capital allocation, and maintaining a strong balance sheet. It provided updates on Kinross' diversified portfolio of operating mines and organic growth opportunities, including positive pre-feasibility study results for the La Coipa Project and concepts for a phased expansion at Tasiast.
Corporate presentation january 2017 v finalnewgold2011
This corporate presentation provides cautionary statements regarding forward-looking information in the document. It notes that all dollar amounts are in US dollars unless otherwise stated. It also outlines key assumptions and risk factors that could cause actual results to differ from forward-looking statements. Forward-looking statements include production guidance, resource and reserve estimates, construction timelines and costs for the Rainy River project, and other operating parameters. These statements are based on certain material assumptions regarding the business, including around political and economic conditions, commodity prices, exchange rates, costs, and permitting. However, forward-looking statements are subject to risks and uncertainties that could cause actual results to differ from expectations.
Operations continue to deliver strong performance in the second quarter of 2017, with total gold production of 427,743 ounces and total cash costs per ounce of $556. Infill and exploration drilling at multiple properties, including LaRonde and Amaruq, yielded positive results that are expected to result in mineral resource additions and conversions. The Meliadine project is progressing on schedule and budget, with underground development ahead of plan and engineering 80% complete at the end of June 2017.
- Agnico Eagle reported strong fourth quarter and full year 2015 results, exceeding annual gold production guidance for the fourth consecutive year.
- For 2016, the company expects gold production of 1.525-1.565 million ounces at total cash costs of $590-630 per ounce, with continued stable production and costs through 2018.
- Significant increases in gold resources were reported at the Amaruq, El Barqueño, and Sisar Zone projects, which could support future production growth beyond 2019.
The document discusses Agnico Eagle's third quarter 2016 results. It provides forward-looking statements regarding production guidance, projects, and costs. It notes the risks and assumptions underlying the forward-looking statements. It also discusses non-GAAP measures used to evaluate performance such as total cash costs per ounce and all-in sustaining costs per ounce.
Newmont Mining Corporation reported its Q1 2017 earnings. Gold production for Q1 was 1.2 Moz, up 9% year-over-year and the company remains on track to meet its full-year guidance of 4.9-5.4 Moz. All-in sustaining costs for Q1 were $900/oz, below guidance. Newmont also approved expansions at its Ahafo mine in Africa, which will improve profitability and mine life. The expansions include an underground mine and mill expansion.
Kinross Gold Corporation held a Q1 2016 results conference call and webcast on May 11, 2016. Key highlights from the call include: Kinross delivered strong performance in Q1 2016 with production increasing and costs decreasing year-over-year. Kinross is on track to meet its 2016 guidance targets. The Tasiast Phase One project is progressing well with engineering 55% complete and major earthworks scheduled to begin in June. Phase One is expected to significantly increase production and reduce costs at Tasiast.
062916 nevada mine tour presentation final printedKinrossGold
Kinross Gold Corporation hosted a mine tour at its Bald Mountain Mine in Nevada on June 29-30, 2016. The presentation provided an overview of Bald Mountain, including:
1) Bald Mountain is a large, open-pit heap leach gold mine in Nevada with significant mineral reserves and upside potential from resource conversion and exploration.
2) Near-term opportunities exist to potentially double mineral reserve estimates by the end of Q1 2017 through conversion of the Vantage Complex and Saga Extension.
3) Longer-term opportunities for further mine life extension include converting measured and indicated resources to reserves with additional drilling and permitting. Bald Mountain also has extensive exploration potential across its large land package.
Kinross Gold Corporation presented at the BMO Capital Markets Global Mining & Metals Conference on February 26-28, 2017. Kinross has a diverse portfolio of operating mines that consistently meet or outperform operational targets. Kinross is advancing high-quality organic development projects that offer opportunities to expand production or extend mine life at existing operations. These projects include the two-phased expansion at Tasiast and developing the potential at Bald Mountain. Kinross maintains a strong balance sheet and financial flexibility to fund its projects.
This document provides a summary of Kinross Gold Corporation's Q3 2016 results conference call. It discusses strong operational and financial performance in Q3 2016, with increased production and lower costs compared to Q2 2016. Key growth opportunities are also highlighted, including projects at Bald Mountain, Round Mountain Phase W, La Coipa Phase 7, and Tasiast's two-phased expansion. Guidance for 2016 is updated, with capital expenditures lowered to $650-675 million.
Kirkland lake gold investor presentation feb bmo conference finalkirklandlakegoldinc
1. Kirkland Lake Gold is a tier one gold producer with operations in Canada and Australia that is forecasting 2017 gold production of 500,000-525,000 ounces at an operating cash cost of $625-675 per ounce and all-in sustaining costs of $950-1,000 per ounce.
2. As of December 31, 2016, Kirkland Lake Gold had a strong cash position of US$234 million and net cash of US$145 million providing financial flexibility.
3. The company has significant exploration potential across its Canadian and Australian assets and has budgeted US$45-55 million for growth exploration in 2017.
This three sentence summary provides the high level information from the investor presentation document:
The document is an investor presentation from Newmont Mining Corporation that includes forward-looking statements and cautions readers that actual results may differ. It outlines Newmont's strategy of improving operational performance, strengthening its portfolio through projects like Merian and Long Canyon, and creating shareholder value through increased free cash flow and returns. The presentation also provides updates on Newmont's safety and sustainability performance as well as its financial and operating results.
- The document is Yamana Gold's first quarter report from 2017, which provides an overview of the company's performance and outlook.
- It discusses Yamana's progress on its six pillar approach, including improving operations, advancing development projects, strengthening its balance sheet, making exploration discoveries, growing its pipeline, and rationalizing non-core assets.
- Key highlights mentioned are that production and costs were better than budget in Q1, consolidated gold production guidance was increased, and significant improvements are expected in the second half of 2017 across various operations.
- Newmont Mining Corporation presented at the Goldman Sachs Global Metals & Mining Conference in November 2016
- The presentation outlines Newmont's strategy to improve its underlying business, strengthen its portfolio, and create shareholder value through optimizing costs, organic growth, and portfolio enhancements
- Newmont highlights its track record of reducing costs, extending mine life through reinvestment and divestment, growing production, improving margins, and generating industry-leading returns and free cash flow
Gary Goldberg, President and CEO of Newmont Mining Corporation, presented at the BMO Metals & Mining Conference on February 27, 2017. The presentation included:
1) Cautionary statements regarding the forward-looking nature of estimates and expectations in the presentation.
2) An overview of Newmont's strategy to deliver long-term shareholder value through steady long-term gold production, ongoing cost discipline and capital investment in profitable growth projects.
3) Details on Newmont's consistently strong operational and financial results in recent years, as well as leading safety and sustainability performance.
Newmont Mining Corporation is selling its 48.5% economic interest in PT Nusa Tenggara Mining for $1.3 billion total consideration. The sale is expected to close in Q3 2016 pending regulatory approvals. Proceeds will be used to repay debt and fund highest margin projects. Post-sale, 92% of Newmont's reserve base will be gold, improving the risk profile of its portfolio. The transaction supports Newmont's strategy of optimizing its portfolio through asset sales.
- Newmont Mining Corporation reported its Q2 2016 results on July 21, 2016
- The company saw a 7% increase in attributable gold production and an 11% increase in attributable gold sales compared to Q2 2015
- All-in sustaining costs were 4% lower than Q2 2015, and the company lowered its 2016 AISC outlook by $10/oz
- Newmont plans to close the sale of its interest in PT Nusa Tenggara Mining in Q3 2016, which will provide $920M in gross cash proceeds and align the company's portfolio with its strategic goal of focusing on gold
This document summarizes Newmont Mining Corporation's Q3 2016 results. It discusses improvements in safety and cost performance. It highlights projects like Merian and Long Canyon that have begun production ahead of schedule and under budget. It also provides financial details like revenue, earnings, and debt reduction. Newmont reiterates its full-year production and cost guidance. The pending sale of PTNNT is discussed along with expected proceeds and impact. The presentation emphasizes Newmont's leadership in sustainability and portfolio optimization efforts.
This investor presentation provides an overview of Newmont Mining Corporation and highlights key points:
1) Newmont has improved its underlying business through cost reductions, growing production from new projects, and divesting non-core assets. All-in sustaining costs have decreased 22% since 2012.
2) The company has strengthened its portfolio through investing in projects like Merian and Long Canyon that have longer mine lives and lower costs than divested assets.
3) Newmont has created shareholder value by outperforming peers in free cash flow generation, with $1.2 billion generated since 2012. This has allowed it to self-fund projects and increase dividends.
This document is an investor presentation from Newmont Mining Corporation dated December 13, 2016. It contains forward-looking statements regarding estimates and expectations of future production, costs, capital expenditures, profitability, and other metrics. It cautions that these statements are based on assumptions that may prove to be incorrect. The presentation provides an overview of Newmont's strategy to improve its underlying business, strengthen its portfolio, and create shareholder value. It summarizes recent performance results and updates to guidance. Newmont aims to maximize opportunities and manage risks across its global operations and projects.
This document provides an investor presentation for Newmont Mining Corporation from October/November 2016. It includes the following key points:
- Newmont has improved its safety and sustainability performance significantly in recent years while also lowering costs.
- The company is focused on optimizing its existing business, strengthening its portfolio through organic growth projects, and creating shareholder value through industry-leading free cash flow and returns.
- Recent projects like Merian and Long Canyon are expected to provide over a decade of profitable production each and strengthen Newmont's portfolio.
- Newmont's exploration program has delivered over 123 million ounces of gold reserves at a finding cost of $23 per ounce since 2001.
- The company
- Gary Goldberg, President and CEO of Newmont Mining Corporation, presented at the Denver Gold Forum in September 2016
- The presentation contained forward-looking statements regarding estimates and expectations of future production, costs, capital expenditures, and other metrics, which are based on certain assumptions that may prove to be incorrect
- Newmont's strategy focuses on improving the underlying business by optimizing costs, strengthening the portfolio through organic growth and acquisitions, and creating shareholder value through industry-leading returns, cash flow, and financial flexibility
The document provides an agenda and overview for a CC&V site tour on September 18, 2016. The tour will include introductions, a safety overview, and stops at the Cripple Creek & Victor site to discuss the overview, exploration/geology, mining operations, mill processing, and future expansion plans. Presenters will discuss how CC&V is meeting acquisition targets through cost improvements and new facilities, and trends show operating results are favorable to guidance. The tour schedule provides times and locations for presentations on CC&V and a lunch discussion on sustainability.
This document provides an overview and summary of Newmont Mining Corporation's presentation at the Bank of America Merrill Lynch 2016 Canada Mining Fireside Chat conference on September 1, 2016. Some key points:
- Newmont has improved its underlying business through cost reductions, increased productivity, and higher resource estimates.
- The company has a proven track record of exploration and development successes at its Ahafo, Tanami, and Merian operations, growing reserves and resources significantly since 2003.
- Newmont has also successfully delivered first production at projects like Long Canyon and is on track to do the same at Merian and the Tanami expansion on schedule and on budget.
- The presentation outlines Newmont
1) Newmont outlines its strategic goals of improving safety and cost performance, strengthening its portfolio through organic growth and transactions, and creating shareholder value through a strong balance sheet and cash flow.
2) Newmont highlights recent improvements in reducing costs and injuries, generating over $2.8 billion from asset sales since 2013, and its project pipeline adding profitable new production.
3) Newmont is positioned for long-term value creation by maximizing returns from existing assets and extending mine lives through projects like Merian, Long Canyon, and Northwest
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive functioning. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms.
This document summarizes a site tour of Newmont Mining Corporation's Merian gold mine in Suriname. The tour included introductions of company leadership, an overview of the Merian Project including health and safety practices, commercial production milestones, community investment programs, and plans for optimizing operations and exploring additional opportunities in the region. The mine began commercial production in 2016 and is expected to produce 300,000-375,000 ounces of gold annually over its projected 13+ year mine life.
This document provides a summary of Newmont Mining Corporation's full year and Q4 2016 earnings. Some key points:
- Safety performance improved with injury rates down 50% and fatigue events down 87% due to increased training and technology.
- Operational performance was strong with gold production up 7% to 4.9Moz and AISC down 2% to $912/oz through cost discipline.
- The portfolio was optimized through developing two new mines $200M below budget and adding over 4Moz of reserves while divesting non-core assets.
- Financial results were up significantly year-over-year with free cash flow more than doubling to $784M and adjusted E
- Newmont Mining Corporation reported its Q1 2018 earnings on April 26, 2018.
- The company reported adjusted EBITDA of $644 million, up 12% from the prior year quarter, and adjusted net income of $0.35 per diluted share.
- Production was in line with guidance at 1.2 million ounces of gold, and AISC was $973 per ounce, also in line with guidance.
This document contains the highlights from Newmont Mining Corporation's full year and Q4 2017 earnings report. Some key points:
- Newmont achieved strong operational and financial performance in 2017, with 8% higher gold production of 5.3 million ounces and $1.5 billion in free cash flow, an 88% increase over 2016.
- The company invested in five expansion projects to extend production and replaced mining depletion by adding 6.4 million ounces of gold reserves and 7.9 million ounces of resources.
- Guidance for 2018 forecasts gold production of 4.9-5.4 million ounces at an all-in sustaining cost of $965-1,025 per ounce and total capital spending
- Newmont Mining Corporation reported its Q2 2017 earnings on July 25, 2017.
- In Q2, the company's AISC decreased 3% to $884/oz due to strong operational execution, and attributable gold production increased 13% to 1.4 Moz from higher grades and throughput.
- The company approved its Twin Underground project, which is expected to add higher grade ore and extend the mine life at lower costs.
Newmont provided a cautionary statement regarding forward-looking statements in its Q2 2015 earnings presentation. The statement outlined various assumptions that could cause actual results to differ from expectations, including assumptions about geotechnical and metallurgical conditions, permitting and development of operations, political and operational risks, exchange rates, commodity prices, and the accuracy of mineral reserve and resource estimates. The statement also noted risks including commodity price volatility, currency fluctuations, production cost variances, political and community relations issues, and changes to governmental regulations.
This document provides a summary and outlook from Gary Goldberg, CEO of Newmont Mining Corporation, and Laurie Brlas, CFO, at the Goldman Sachs Global Metals & Mining Conference on November 19-20, 2014. Key points include: Newmont has optimized its portfolio, improved safety performance, and reduced costs year-to-date; the company maintains a strong balance sheet, focuses on disciplined capital allocation, and is positioned to thrive across commodity price cycles. Newmont also discusses projects like Merian which offer favorable economics, and preparedness for ongoing market fluctuations to maintain positive free cash flow.
The document is an investor presentation from Newmont Mining Corporation that provides an overview of the company's operations and projects. It summarizes Newmont's track record of improving operational execution and reducing costs. It outlines a portfolio of projects expected to sustain profitable production over the next several years. These include expansions and new mines across North America, Australia, Africa, and South America. The presentation provides production and cost guidance for 2018-2022 and demonstrates Newmont's pipeline of long-term projects beyond the next 5 years.
This document provides a cautionary statement regarding forward-looking statements in Newmont Mining Corporation's investor presentation. It notes that estimates and expectations in the presentation are based on assumptions that may prove to be incorrect. It lists key assumptions including around geological, metallurgical and other conditions, permitting, development and expansion of operations, political stability, exchange rates, commodity prices, supply prices, mineral reserve and resource estimates, and other risks. The company does not undertake to publicly revise or update forward-looking statements except as required by law.
Goldman Sachs Global Metals & Mining ConferenceNewmontMining
Gary Goldberg, CEO of Newmont Mining Corporation, and Laurie Brlas, CFO, presented at the Goldman Sachs Global Metals & Mining Conference on November 19-20, 2014. Newmont is optimizing its global asset portfolio to generate value across commodity price cycles while maintaining industry-leading safety and lowering costs. Newmont strengthened its balance sheet in 2014 through $1.4 billion in asset sales and expects its Merian project in Suriname to offer favorable economics with low capital costs and cash costs.
This document contains forward-looking statements regarding Newmont Mining Corporation's estimates, expectations, and assumptions around future production, costs, capital expenditures, projects, and financial performance. It cautions that actual results could differ materially from expectations due to risks and assumptions that may not prove to be correct around permitting, development, operations, commodity prices, exchange rates, and other factors. The document outlines Newmont's strategy to improve the underlying business through ongoing cost reductions, strengthen its portfolio through investments in projects like Merian and Long Canyon Phase 1, and create shareholder value through strong free cash flow and returns.
Newmont Mining Corporation reported its Q1 2015 earnings results. Some key highlights include:
- Attributable gold production of 1.2 million ounces, equal to Q1 2014 despite asset sales.
- Gold all-in sustaining costs of $849 per ounce, an 18% reduction from Q1 2014, driven by cost improvements and lower capital spending.
- $344 million in free cash flow generated in the quarter, marking the fourth consecutive quarter of positive free cash flow.
- Newmont Mining Corporation reported its Q3 2017 earnings. Key highlights included strong operational execution, leading safety performance, and top sustainability ratings.
- AISC for Q3 was $943/oz due to strong performance in Africa, Australia, and North America. Attributable gold production for Q3 was 1.3 million ounces, up 7% from the prior year.
- The company is progressing long-life assets globally and longer-term growth projects in Canada, Australia, and French Guiana to sustain production and extend mine lives.
Gary Goldberg, President and CEO of BAML Global Metals, Mining & Steel Conference in May 2015, discusses Newmont Mining Corporation's strategy and performance. The summary is:
1) Newmont aims to improve safety, deliver steady gold production at AISC below $1,000 per ounce, strengthen its portfolio through projects like Turf Vent Shaft and Merian, and create value for shareholders.
2) In Q1 2015, Newmont saw a 65% increase in adjusted EBITDA, a 243% increase in cash from continuing operations, and $396 million increase in free cash flow compared to Q1 2014.
3) Newmont will maintain steady gold production between 4.6-
Newmont Mining Corporation reported its Q4 and FY2014 financial results. Key highlights include:
- Achieving $524 million in cost savings and lowering AISC to $1,002/oz for the year.
- Producing 4.8 million ounces of attributable gold production, offsetting divestments.
- Generating $2.1 billion in adjusted EBITDA and improving free cash flow by $680 million compared to 2013.
- Maintaining an investment grade balance sheet and prepaying $100 million in debt.
Newmont held an earnings call to discuss its Q4 and FY2014 results. Key points included:
- Safety performance improved with total recordable injury rate down 17%
- Attributable gold production was 4.8Moz, offsetting divestments and meeting guidance
- All-in sustaining costs were reduced 11% to $1,002/oz through cost savings initiatives
- $524M in adjusted cost savings were achieved through process improvements and overhead reductions
- Construction of the Merian project in Suriname and Turf Vent Shaft in Nevada remained on schedule
Newmont Mining Corporation reported its Q2 2018 earnings. Some key points:
- Gold production was in line with guidance at 1.2 million ounces. All-in sustaining costs were $1,024 per ounce.
- Safety performance is improving through applying lessons learned from recent accidents.
- Two projects, Twin Underground and Northwest Exodus, were delivered on time and under budget.
- An agreement was reached to evaluate the world-class Galore Creek copper-gold asset through a partnership with Teck.
- Costs and capital expenditures remain on track with full-year guidance.
This document provides an investor presentation for Newmont Mining Corporation from March 2018. It includes cautionary statements regarding forward-looking statements. The presentation summarizes Newmont's steady trajectory of improved financial and operational performance from 2013 to 2017. It highlights projects in the pipeline expected to sustain profitable production through 2024. The presentation also discusses Newmont's industry-leading reserve base, balanced capital priorities of growth, debt reduction and returning cash to shareholders, and leadership in profitability and responsibility.
This document is an investor presentation from Newmont Mining Corporation given at a BMO Metals & Mining Conference in February 2018. It summarizes Newmont's financial and operating performance in recent years, current projects and growth plans, and strategy for delivering long-term value to shareholders through profitable production, an industry-leading project pipeline, and returning cash to shareholders.
This document is an investor presentation from Newmont Mining Corporation given at a BMO Metals & Mining Conference in February 2018. It summarizes Newmont's financial and operating performance in recent years, current projects and growth plans, and strategy for delivering long-term value to shareholders through profitable production, an industry-leading project pipeline, and returning cash to shareholders.
- The document is a presentation from Gary Goldberg, President and CEO of Newmont Mining Corporation, at the BAML Global Metals & Mining Conference in May 2018.
- It discusses Newmont's strategy of focusing on sustainable value creation through its global portfolio of long-life assets and project pipeline, with improvements including new lower cost mines and profitable expansions.
- Newmont highlights its leading sustainability performance and top quartile total shareholder returns since 2014.
Newmont Mining Corporation announced the acquisition of Cripple Creek & Victor gold mine from AngloGold Ashanti. The transaction is valued at $820 million and is expected to close in the third quarter of 2015 pending regulatory approval. The acquisition is expected to be value accretive by adding profitable production of 350,000 to 400,000 ounces of gold per year at costs below Newmont's average. There is also potential to improve costs and efficiency at the mine and extend the mine life beyond the current permits which extend to 2026.
This document provides an investor presentation for Newmont Mining Corporation from August 2018. It contains forward-looking statements regarding estimates of future production, costs, capital expenditures, and other metrics. It summarizes Newmont's strategy of investing in profitable projects across economic cycles to create long-term value. Examples provided include the Merian mine in Suriname, the Long Canyon expansion in Nevada, and the Tanami expansion in Australia. The presentation also highlights Newmont's industry-leading reserve base and long-term production profile from existing and future projects.
Newmont Mining Corporation held an ESG briefing on May 22, 2018 to discuss their approach to sustainability. The briefing covered Newmont's environmental, social, and governance performance and strategies. Newmont's sustainability efforts are focused on minimizing risks and creating long-term value. Their sustainability framework and robust management systems aim to drive accountability and continuous improvement across their global portfolio.
This investor presentation provides an overview of Newmont Mining Corporation and its strategy for long-term value creation. Key points include:
- Newmont has a proven strategy of improving operations, strengthening its global portfolio of long-life assets, and delivering superior returns to shareholders.
- The company has significantly reduced costs while increasing production and reserves through operational improvements and profitable expansion projects.
- Newmont has an industry-leading project pipeline expected to provide stable production for over a decade and generate significant free cash flow.
- The company maintains a strong balance sheet, stable production profile, and pays a sustainable dividend, while continuing to invest in growth.
The document summarizes Newmont Mining Corporation's 2017 Investor Day that took place on December 6, 2017. It includes an agenda for the day-long event covering Newmont's business, technical, operational and exploration outlooks. Presentations were given on safety, Newmont's strategy and performance, the gold market outlook, and financial projections. The document provides an overview of Newmont's global portfolio of long-life assets and projects as well as charts on production, cost, capital and reserve metrics through 2022. It emphasizes Newmont's focus on operational excellence, profitable growth from its project pipeline, and leadership in sustainability and value creation.
This document is an investor presentation from Newmont Mining Corporation from November 2017. It summarizes Newmont's strategy to improve its underlying business through superior operational execution, strengthen its portfolio of global assets, and sustain a portfolio of long-life mines. Key points include Newmont leading the sector in safety and sustainability performance, having a global portfolio of long-life assets across four continents, and investing in profitable growth projects across its portfolio to extend mine lives and production.
This document provides an overview of Newmont Mining Corporation's Nevada site tour in September 2017. It begins with a cautionary statement regarding forward-looking statements. The summary then discusses Newmont's strategic focus on improving safety and sustainability performance, strengthening its portfolio through projects like Long Canyon and Twin Creeks, and using its Full Potential program to drive cost improvements across its Nevada assets. An asset management discussion and demonstration of centralized health monitoring follows. The document provides background on regional leadership and concludes with information on local site leadership at Long Canyon.
Gary Goldberg, President and CEO of Newmont Mining Corporation, presented at the Denver Gold Forum in September 2017. The presentation covered Newmont's strategy of improving its underlying business through superior operational execution, strengthening its global portfolio of long-life assets, and creating value for shareholders by leading the sector in profitability and responsibility. It provided details on Newmont's projects and growth pipeline, industry-leading reserves, and financial flexibility to fund growth and return cash to shareholders.
Gary Goldberg, President and CEO of Newmont Mining Corporation, presented at the Denver Gold Forum in September 2017. The presentation covered Newmont's strategy of improving its underlying business through superior operational execution, strengthening its global portfolio of long-life assets, and creating value for shareholders by leading the sector in profitability and responsibility. It highlighted Newmont's industry-leading safety and cost improvement performance, profitable growth projects, top-tier reserves, and financial flexibility.
This document provides an overview of Newmont Mining Corporation's Nevada site tour in September 2017. It begins with a cautionary statement regarding forward-looking statements. The summary then discusses Newmont's strategic focus on improving safety and sustainability performance, strengthening its portfolio through projects like Long Canyon and Twin Creeks, and using its Full Potential program to drive cost improvements across its Nevada operations. An asset management discussion and demonstration of centralized health monitoring follows. The document provides background on regional leadership and concludes with information on site-specific leadership at Long Canyon.
The document is an investor presentation from Newmont Mining Corporation dated September 2017. It provides an overview of Newmont's operations, projects, growth opportunities and key metrics. Newmont has a geographically diverse portfolio of gold mines in North America, South America, Africa and Australia. It is investing in profitable growth projects across its portfolio to sustain steady long-term production while maintaining cost and capital discipline. Newmont also has a leading project pipeline and track record of bringing projects into production.
This document provides a cautionary statement regarding forward-looking statements in an investor presentation by Newmont Mining Corporation. It notes that estimates and expectations in the presentation are based on assumptions that may prove to be incorrect. It also lists potential risks to the forward-looking statements including changes in geotechnical or other conditions, permitting and development issues, political risks, commodity price volatility, and other operational risks. The company does not undertake to publicly revise or update forward-looking statements except as required by law.
The document is a presentation by Gary Goldberg, President and CEO of Newmont Mining Corporation, at the BAML Metals and Mining Conference in May 2017. It summarizes Newmont's leading safety and sustainability performance, stable production profile from a globally diversified portfolio of assets, investment in profitable growth projects, and opportunities from recent investments and discoveries that provide upside potential. Newmont aims to deliver long-term shareholder value through steady gold production, ongoing cost discipline and capital investment focused on high return projects.
SUSTAINABLE INVESTING UNVEILED: THE ROLE OF BOND RATINGS IN GUIDING GREEN BON...indexPub
The increasing urgency to address climate change has propelled sustainable investing into the spotlight, with green bonds emerging as a pivotal instrument for mobilizing the capital required for environmental projects. This study delves into the critical role that bond ratings play in guiding investments in green bonds, shedding light on how these ratings influence investor confidence and the allocation of funds towards sustainable initiatives. By employing a mixed-methods approach, combining quantitative analysis of green bond performance with qualitative interviews from industry experts, this research offers a comprehensive overview of the interplay between bond ratings and green bond investments. The findings suggest that higher bond ratings, often indicative of lower risk and better sustainability credentials, significantly impact the attractiveness of green bonds to investors. Additionally, the study examines the evolution of rating criteria to encompass environmental, social, and governance (ESG) factors, highlighting the shift towards more holistic assessments of investment risk and potential. This research contributes to the broader discourse on sustainable finance by providing insights into the mechanisms through which bond ratings can facilitate more informed and impactful green bond investments.
UnityNet World Environment Day Abraham Project 2024 Press ReleaseLHelferty
June 12, 2024 UnityNet International (#UNI) World Environment Day Abraham Project 2024 Press Release from Markham / Mississauga, Ontario in the, Greater Tkaronto Bioregion, Canada in the North American Great Lakes Watersheds of North America (Turtle Island).
Bienestar Financiero al servicio de su jubilación anticipada
Pago de su 🏡
Estudio de sus hijos
Directamente a tu cuenta bancaria
Con Tesorería Auditoria Jurídica comercial
Administración de carteras
Apalancamiento Financiero
Desarrollo de tu marca personal
Acceso a Desarrollo de varias industrias
Cuentas bancarias
Estructuras Físicas en USA y en América Central
Avalado por Bolcomer
Puesto de Bolsa Comercial
Turismo
Y mucho más
Link de registro
https://business.myinfinity.global/maurod8/
https://therusnetwork.com/
Contacto:
https://goo.su/pzm1fja
2. Newmont Mining Corporation I Q1 2016 earnings I Slide 2April 21, 2016
Cautionary statement
Cautionary statement regarding forward looking statements:
This presentation contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended, and are intended to be covered by the safe harbor provided for under
such sections. Such forward-looking statements may include, without limitation: (i) estimates of future consolidated and attributable
production and sales; (ii) estimates of future costs applicable to sales and All-in sustaining costs; (iii) estimates of future consolidated and
attributable capital expenditures; (iv) our efforts to continue delivering reduced costs and efficiency; (v) expectations regarding the
development, growth and exploration potential of the Company’s operations and projects; (vi) expectations regarding the repayment of
debt; (vii) expectations regarding future dividends; and (viii) expectations regarding future price assumptions, financial performance and
other outlook or guidance. Estimates or expectations of future events or results are based upon certain assumptions, which may prove to
be incorrect. Such assumptions, include, but are not limited to: (i) there being no significant change to current geotechnical, metallurgical,
hydrological and other physical conditions; (ii) permitting, development, operations and expansion of the Company’s operations and
projects being consistent with current expectations and mine plans, including without limitation receipt of export approvals; (iii) political
developments in any jurisdiction in which the Company operates being consistent with its current expectations; (iv) certain exchange rate
assumptions for the Australian dollar to the U.S. dollar, as well as other the exchange rates being approximately consistent with current
levels; (v) certain price assumptions for gold, copper and oil; (vi) prices for key supplies being approximately consistent with current levels;
(vii) the accuracy of our current mineral reserve and mineralized material estimates; (viii) the acceptable outcome of negotiation of the
amendment to the Contract of Work and/or resolution of export issues in Indonesia (ix) there being no significant acquisitions or
divestitures during the outlook period and; (x) other assumptions noted herein. Where the Company expresses an expectation or belief as
to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. However, such
statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results
expressed, projected or implied by the “forward-looking statements”. Such risks include, but are not limited to, gold and other metals price
volatility, currency fluctuations, increased production costs and variances in ore grade or recovery rates from those assumed in mining
plans, political and operational risks, community relations, conflict resolution and outcome of projects or oppositions and governmental
regulation and judicial outcomes. For a more detailed discussion of such risks and other factors, see the Company’s 2015 Annual Report
on Form 10-K, filed on or about February 17, 2016, with the Securities and Exchange Commission (the “SEC”), as well as the Company’s
other SEC filings. The Company does not undertake any obligation to release publicly revisions to any “forward-looking statement,”
including, without limitation, outlook, to reflect events or circumstances after the date of this presentation, or to reflect the occurrence of
unanticipated events, except as may be required under applicable securities laws. Investors should not assume that any lack of update to
a previously issued “forward-looking statement” constitutes a reaffirmation of that statement. Continued reliance on “forward-looking
statements” is at investors' own risk.
4. Newmont Mining Corporation I Q1 2016 earnings I Slide 4April 21, 2016
Improved performance, portfolio and balance sheet
Cripple Creek & Victor expansionMining at Long Canyon
Improve
the
underlying
business
Total injury rates down 37% from prior year quarter
AISC1
of $828/oz and 2016 outlook lowered by $20 per ounce
Gold production of 1.2 Moz (attributable) up 4% from prior year quarter
Strengthen
the
portfolio
Merian 80% complete, $100M below budget, on track to begin producing in Q4
Long Canyon and Tanami and CC&V expansions on schedule and budget
$1.9B in non-core asset sales with sale of Regis equity stake for $184M
Create value
for
shareholders
Adjusted EBITDA2 of $803M on strong operating performance
Free cash flow3 of $227M while continuing to self-fund profitable growth
Net debt down 16% from prior year quarter and $500M debt tender completed
5. Newmont Mining Corporation I Q1 2016 earnings I Slide 5April 21, 2016
Recognized leaders in safety and sustainability
Injury rates (total recordable injuries per 200,000 hours worked)
Down 58% since 2012
0.65
0.47
0.39
0.32
0.27
0
0.1
0.2
0.3
0.4
0.5
0.6
0.7
2012 2013 2014 2015 Q1 2016
Mining industry leader
• Overall sustainability
• Climate strategy
• Labor practices
• Human rights
• Corporate citizenship
• Environmental management systems
6. Newmont Mining Corporation I Q1 2016 earnings I Slide 6April 21, 2016
Costs down 30% since 2012 on improved execution
$1,177
$1,113
$1,002
$898
$828
$0
$200
$400
$600
$800
$1,000
$1,200
2012A 2013A 2014A 2015A 2016 YTD
Gold all-in sustaining cost ($/ounce)
Down 30% since 2012
7. Newmont Mining Corporation I Q1 2016 earnings I Slide 7April 21, 2016
0
40
80
120
160
2015A 2016E
On track to deliver 4.8 – 5.3Moz of gold in 2016
Attributable gold production (Moz) Attributable copper production (Kt)
0
1,000
2,000
3,000
4,000
5,000
2015A 2016E
5.0 Moz 4.8 – 5.3 Moz
166 Kt
120 – 160 Kt
Q1
1.2 Moz
Q1
38 Kt
8. Newmont Mining Corporation I Q1 2016 earnings I Slide 8April 21, 2016
Portfolio optimization improves value and risk profile
Divested Reinvested
Assets
Midas, Jundee,
Penmont, Waihi
Merian, Long Canyon,
CC&V
Mine life Less than 6 years More than 10 years
Production 500Koz/year ~1Moz/year
Costs $900 – $950/oz Below $800/oz
Risk
Higher technical and
social risk
Lower technical and
social risk
AISC down 19%
Mine life up 66%
*Production and cost data represent expected weighted average calculation based on 5-year outlook estimates
9. Newmont Mining Corporation I Q1 2016 earnings I Slide 9April 21, 2016
Adding profitable production, experienced leaders
• CC&V leach facility reached first production; mill coming up to full capacity
• Self-funding projects that add 1Moz of production at competitive costs over next 2 years
• Noreen Doyle named Chair of Newmont’s Board of Directors
• International mining veterans appointed to lead global, Asia Pacific and Africa operations
New valley leach expansion at Cripple Creek & Victor
11. Newmont Mining Corporation I Q1 2016 earnings I Slide 11April 21, 2016
$891
$16
($104)
$803
$200.00
$300.00
$400.00
$500.00
$600.00
$700.00
$800.00
$900.00
$1,000.00
EBITDA Other/restructuring Gain on sale of Regis Adjusted EBITDA
$0.15
$0.38 $0.01
($0.20)
$0.34
Net income
attributable
to NEM stockholders Tax adjustments Other/restructuring Gain on sale of Regis Adjusted net income
Adjusted EBITDA ($M)
Strong first quarter adjusted net income and EBITDA
GAAP to adjusted net income ($/share)4
2
12. Newmont Mining Corporation I Q1 2016 earnings I Slide 12April 21, 2016
Strong operational performance continues
Q1 2016 Q4 2015 Q1 2015
Average Realized Gold Price, Net ($/oz) $1,194 $1,084 $1,203
Average Realized Copper Price, Net ($/lb) $2.02 $1.86 $2.34
Attributable Gold Production (Koz) 1,229 1,247 1,186
Attributable Copper Production (Kt) 38 39 37
Attributable Gold Sales (Koz) 1,211 1,237 1,194
Attributable Copper Sales (Kt) 43 40 38
Gold CAS ($/oz) $638 $680 $614
Gold AISC ($/oz) $828 $999 $849
Kalgoorlie
13. Newmont Mining Corporation I Q1 2016 earnings I Slide 13April 21, 2016
Consistent financial performance
Q1 2016 Q4 2015 Q1 2015
Revenue ($M) $2,032 $1,816 $1,972
Adjusted Net Income ($M) $182 $20 $229
Adjusted Net Income ($ per share) $0.34 $0.04 $0.46
Adjusted EBITDA ($M) $803 $466 $815
Cash from Continuing Operations ($M) $524 $275 $628
Free Cash Flow ($M) $227 ($185) $344
Dividend Per Share $0.025 $0.025 $0.025
Merian stockpile
14. Newmont Mining Corporation I Q1 2016 earnings I Slide 14April 21, 2016
$2,782
$2,461
$413
$184
($186)
($499) ($13)
($146) ($74)
$0.00
$500.00
$1,000.00
$1,500.00
$2,000.00
$2,500.00
$3,000.00
$3,500.00
$4,000.00
Executing capital priorities
Cash
03/31/16
Change in ending cash balance ($M)
Cash
12/31/15
Cash from
core
operations5
Development
capital
Regis
sale
Debt
repayment
Dividend Dividend to
partners
Restricted
cash &
other
15. Newmont Mining Corporation I Q1 2016 earnings I Slide 15April 21, 2016
Industry leading net debt to EBITDA
0.5x
1.0x
1.5x
2.0x
2.5x
3.0x
Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
*Competitors include Barrick, Goldcorp, AngloGold Ashanti, Agnico Eagle, IAMGOLD, Newcrest and Yamana; net debt to EBITDA utilizes trailing 12-month adjusted EBITDA.
Competitor average is weighted based on Total Enterprise Value (03/31/2016). All figures sourced from Capital IQ.
2013 2014 2015
Net debt to EBITDA*
Newmont Competitor average
2016
16. Newmont Mining Corporation I Q1 2016 earnings I Slide 16April 21, 2016
2016 2017 2018 2019 2022 2035 2039 2042
PTNNT debt Convertibles Term loan Other corporate debt
Strengthening the balance sheet
Regional debt Convertibles Term loan Other corporate debt
Debt Schedule as of March 31, 2016
Q1 debt tender
• Completed $500 million debt tender in the first quarter
• Target debt repayment of between $0.8 and $1.3 billion (2016 – 2018E)6
18. Newmont Mining Corporation I Q1 2016 earnings I Slide 18April 21, 2016
North America
Carlin
Phoenix
Twin Creeks
Long Canyon
CC&V
South America
Merian
Yanacocha
Estudio Integral
Africa
Ahafo
Akyem
Australia
Boddington
Kalgoorlie
Tanami
Operations
Projects
2016 YTD*
Market Cap
$14.1B
Total Liquidity
>$6.0B
Free Cash Flow
$227M
Adjusted EBITDA
$803M
Dividend
$0.025/sh
*As of March 31, 2016
Maximizing returns across the portfolio
Indonesia
Batu Hijau
2016E gold
production
North America
40%
South America
8%
Africa
16%
Australia
31%
Indonesia
5%
19. Newmont Mining Corporation I Q1 2016 earnings I Slide 19April 21, 2016
24%
33%
9%
10%
1%
5%
Trailing 12 month
ROCE3
3 year AISC2
reduction
2 year net debt
reduction
Trailing 12 month
free cash flow
per share4
Newmont Competitor average
Competitive financial performance
*Competitors represent industry weighted averages for Agnico Eagle, Anglogold Ashanti, Barrick, Buenaventura, Goldcorp, Gold Fields, Harmony, Kinross, Newcrest, and Yamana;
sourced from Capital IQ, except for AISC which represents analyst consensus estimates
$1.43
$0.64
Industry weighted averages (2015)
7
20. Newmont Mining Corporation I Q1 2016 earnings I Slide 20April 21, 2016
Project pipeline represents near term upside
21. Newmont Mining Corporation I Q1 2016 earnings I Slide 21April 21, 2016
Exploration focused on highest margin ounces
22. Newmont Mining Corporation I Q1 2016 earnings I Slide 22April 21, 2016
3km Rita K – Pete Bajo mineralized corridor
• 0.3 Moz produced; 0.3 Moz Reserves; 0.4 Moz Resource
• Only 30% of Inventory converted to R&R; significant percentage still to be drill tested
• Mineralization open in all directions
*For all graphical and mineralization representations on slides 22 and 23 please refer to endnote 8.
Developing Carlin’s multimillion-ounce underground
Identifying new trends through
Deep Sensing Geochemistry (DSG)
Increased 2015 Resource by 130%
– improved grade by 16%
23. Newmont Mining Corporation I Q1 2016 earnings I Slide 23April 21, 2016
Fence/Full House
• Reserve of 0.3 Moz (0.9 Mt at 8.9 g/t)
• Resource of 0.4 Moz (1.5 Mt at 9.3 g/t)
• 10,500m drilling planned for 2016
Fence/Full House
drill intercepts
typically vary in
thickness from 3 to
40 meters with grade
from 5 to 40 grams
per tonne; select
intercepts at Fence
and Full House
shown on far left
Mineralization open in all directions
Rita K drill intercepts
typically vary in
thickness from 5 to
30 meters with grade
from 3 to 30 grams
per tonne; select
intercepts at Rita K
shown on near left
Rita K discovery
• New host discovered
• 100% Inventory; first Resource in 2018
• 850m drill tested, 9,500m drilling planned
for 2016
24. Newmont Mining Corporation I Q1 2016 earnings I Slide 24April 21, 2016
0
25
50
75
100
2007 2008 2009 2010 2011 2012
Gold fundamentals strengthen in medium horizon
*Sourced from Bloomberg, SNL Mineral Economics Group (2013), GFMS Mine Economics Database (2016)
ETF holdings (Moz) and gold price ($/oz)
ETF holdings Gold price
3-year average gold discovered (Moz)
$0
$250
$500
$750
$1,000
$1,250
$1,500
$1,750
0
25
50
75
100
2012 2013 2014 2015 2016
YTD
25. Newmont Mining Corporation I Q1 2016 earnings I Slide 25April 21, 2016
Prepared for opportunities and challenges
Current gold price
• Optimize costs & capital
• Finish current projects;
progress projects with
best returns
• Pursue high grade,
near-mine exploration
prospects
• Reduce support costs
across business
• Evaluate early debt
repayment
• Pay dividend at Board’s
discretion
Downside
• Reduce stripping and
increase stockpile
processing
• Complete current
projects
• Mothball lowest margin
operations
• Reduce exploration
• Discontinue early debt
repayments
• Re-evaluate dividend
Upside
• Maintain cost and capital
discipline
• Pursue profitable growth
− Highest return
projects
− Most promising
exploration prospects
• Accelerate debt
repayment
• Pay higher dividends in
line with policy
26. Newmont Mining Corporation I Q1 2016 earnings I Slide 26April 21, 2016
Focused on long-term value creation
Where are we today? Where are we heading?
Safety Industry leading performance Zero injuries and illnesses
Sustainability Industry leading performance Improved country risk profile
Costs AISC down 30% since 2012 Ongoing savings to offset inflation
Portfolio $1.9B in asset sales since 2013 Superior value and risk profile
Production Profitable growth Highest value ounces
Free Cash Flow $227M in Q1 while funding 4 projects Self-fund projects and dividends
Returns Maximize risk-adjusted returns Maintain first quartile TSR
Balance sheet Net debt down 37% since 2013 Superior financial flexibility
28. Newmont Mining Corporation I Q1 2016 earnings I Slide 28April 21, 2016
a2016 Outlook in the table above are considered “forward-looking
statements” and are based upon certain assumptions, including,
but not limited to, metal prices, oil prices, certain exchange rates
and other assumptions. For example, 2016 Outlook assumes
$1,100/oz Au, $2.50/lb Cu, $0.75 USD/AUD exchange rate and
$65/barrel WTI; AISC and CAS cost estimates do not include
inflation for the remainder of the year. Production, AISC and
capital estimates exclude projects that have not yet been
approved (NW Exodus, Twin Underground, Batu Phase 7, Ahafo
Mill Expansion and Subika Underground). The potential impact on
inventory valuation as a result of lower prices, input costs, and
project decisions are not included as part of this Outlook. Such
assumptions may prove to be incorrect and actual results may
differ materially from those anticipated. See cautionary note at the
end of the release.
bAll-in sustaining costs as used in the Company’s Outlook is a
non-GAAP metric defined as the sum of cost applicable to sales
(including all direct and indirect costs related to current gold
production incurred to execute on the current mine plan),
remediation costs (including operating accretion and amortization
of asset retirement costs), G&A, exploration expense, advanced
projects and R&D, treatment and refining costs, other expense,
net of one-time adjustments and sustaining capital.
cIncludes Lone Tree operations.
dIncludes TRJV operations.
eConsolidated production for Yanacocha is presented on a total
production basis for the mine site; attributable production
represents a 51.35% interest.
fBoth consolidated and attributable production are shown on a pro-
rata basis with a 50% ownership for Kalgoorlie.
gProduction outlook does not include equity production from
stakes in TMAC (29.4%) or La Zanja (46.94%).
hConsolidated production for Batu Hijau is presented on a total
production basis for the mine site; whereas attributable production
represents a 48.5% ownership interest in 2016 outlook. Outlook
for Batu Hijau remains subject to various factors, including,
without limitation, renegotiation of the CoW, issuance of future
export approvals, negotiations with the labor union, future in-
country smelting availability and regulations relating to export
quotas, and certain other factors.
iConsolidated expense outlook is adjusted to exclude
extraordinary items. For example, the tax rate outlook above is a
consolidated adjusted rate, which assumes the exclusion of
certain tax valuation allowance adjustments. Beginning in 2016,
regional general and administrative expense is included in total
general and administrative expense (G&A) and community
development cost is included in CAS.
2016 Outlooka
Consolidated Attributable Consolidated
Consolidated
All-in Sustaining
Consolidated
Total Capital
Production Production CAS Costsb
Expenditures
(Koz, Kt) (Koz, Kt) ($/oz, $/lb) ($/oz, $/lb) ($M)
North America
Carlin 1,040 – 1,100 1,040 – 1,100 $750 – $800 $925 – $975 $175 – $195
Phoenix
c
180 – 200 180 – 200 $825 – $875 $975 – $1,025 $20 – $30
Twin Creeks
d
370 – 400 370 – 400 $575 – $625 $700 – $750 $30 – $40
CC&V 350 – 400 350 – 400 $525 – $575 $650 – $700 $120 – $130
Long Canyon $140 – $160
Other North America $5 – $15
Total 1,940 – 2,100 1,940 – 2,100 $675 – $725 $850 – $925 $490 – $570
South America
Yanacocha
e
630 – 660 310 – 350 $820 – $870 $1,100 – $1,170 $70 – $90
Merian 120 – 140 90 – 100 $430 – $460 $650 – $700 $210 – $250
Total 750 – 800 400 – 450 $760 – $810 $1,050 – $1,150 $280 – $340
Asia Pacific
Boddington 725 – 775 725 – 775 $690 – $730 $800 – $850 $60 – $70
Tanami 400 – 475 400 – 475 $550 – $600 $800 – $850 $150 – $160
Kalgoorlie
f
350 – 400 350 – 400 $650 – $700 $725 – $775 $10 – $20
Other Asia Pacific $5 – $15
Batu Hijau 525 – 575 250 – 275 $500 – $550 $650 – $700 $50 – $60
Total 2,000 – 2,225 1,725 – 1,925 $600 – $650 $760 – $820 $275 – $325
Africa
Ahafo 330 – 360 330 – 360 $760 – $810 $990 – $1,070 $60 – $80
Akyem 430 – 460 430 – 460 $520 – $560 $630 – $680 $30 – $40
Total 760 – 820 760 – 820 $625 – $675 $800 – $850 $90 – $120
Corporate/Other $10 – $15
Total Gold
g
5,450 – 5,945 4,825 – 5,295 $640 – $690 $880 – $940 $1,135 – $1,355
Phoenix 15 – 25 15 – 25 $1.70 – $1.90 $2.10 – $2.30
Boddington 25 – 35 25 – 35 $1.90 – $2.10 $2.30 – $2.50
Batu Hijau
h
170 – 190 80 – 100 $1.00 – $1.20 $1.40 – $1.60
Total Copper 210 – 250 120 – 160 $1.20 – $1.40 $1.50 – $1.70
Consolidated Expense Outlook
i
General & Administrative $ 225 – $ 275
Interest Expense $ 260 – $ 280
DD&A $ 1,350 – $ 1,425
Exploration and Projects $ 275 – $ 300
Sustaining Capital $ 700 – $ 750
Tax Rate 35% – 39%
29. Newmont Mining Corporation I Q1 2016 earnings I Slide 29April 21, 2016
Adjusted net income
Adjusted net income (loss)
Management of the Company uses Adjusted net income (loss) to evaluate the Company’s operating
performance, and for planning and forecasting future business operations. The Company believes the
use of Adjusted net income (loss) allows investors and analysts to understand the results of the
continuing operations of the Company and its direct and indirect subsidiaries relating to the production
and sale of minerals, by excluding certain items that have a disproportionate impact on our results for a
particular period. The net income (loss) adjustments are presented net of tax generally at Company’s
statutory effective tax rate of 35% and net of our partners’ noncontrolling interests when applicable. The
corollary impact of the adjustments through the Company’s Valuation allowance is shown separately.
The tax valuation allowance adjustment includes items such as foreign tax credits, alternative minimum
tax credits, capital losses and disallowed foreign losses. Management’s determination of the
components of Adjusted net income (loss) are evaluated periodically and based, in part, on a review of
non-GAAP financial measures used by mining industry analysts.
30. Newmont Mining Corporation I Q1 2016 earnings I Slide 30April 21, 2016
(1) Loss (income) from discontinued
operations is presented net of tax expense
(benefit) of $(11) and $4, respectively.
(2) Impairment of investments, included in
Other Income, net, is presented net of tax
expense (benefit) of $- and $(20),
respectively.
(3) Restructuring and other, included in Other
Expense, net, is presented net of tax
expense (benefit) of $(5) and $(2),
respectively, and amounts attributed to
noncontrolling interest income (expense) of
$(1) and $(1), respectively.
(4) Loss (gain) on asset and investment
sales, included in Other Income, net, is
presented net of tax expense (benefit) of $-
and $15, respectively.
(5) Loss on debt repayment, included in
Other Income, net and Interest Expense, net
of capitalized interest, is presented net of tax
expense (benefit) of $(1) and $-, respectively.
(6) Tax adjustments include movements in
tax valuation allowance and tax adjustments
not related to current period earnings.
Adjusted net income
Three Months Ended
March 31,
2016 2015
Net income (loss) attributable to Newmont stockholders $ 52 $ 183
Loss (income) from discontinued operations (1) 26 (8)
Impairment of investments (2) — 37
Restructuring and other (3) 7 2
Loss (gain) on asset and investment sales (4) (104) (29)
Loss on debt repayment (5) 2 —
Tax adjustments (6) 199 44
Adjusted net income (loss) $ 182 $ 229
Net income (loss) per share, basic $ 0.10 $ 0.37
Loss (income) from discontinued operations, net of taxes 0.05 (0.01)
Impairment of investments, net of taxes — 0.07
Restructuring and other, net of taxes 0.01 —
Loss (gain) on asset and investment sales, net of taxes (0.20) (0.06)
Loss on debt repayment — —
Tax adjustments 0.38 0.09
Adjusted net income (loss) per share, basic $ 0.34 $ 0.46
Net income (loss) per share, diluted $ 0.10 $ 0.37
Loss (income) from discontinued operations, net of taxes 0.05 (0.01)
Impairment of investments, net of taxes — 0.07
Restructuring and other, net of taxes 0.01 —
Loss (gain) on asset and investment sales, net of taxes (0.20) (0.06)
Loss on debt repayment — —
Tax adjustments 0.38 0.09
Adjusted net income (loss) per share, diluted $ 0.34 $ 0.46
31. Newmont Mining Corporation I Q1 2016 earnings I Slide 31April 21, 2016
Adjusted EBITDA
Management uses Earnings before interest, taxes and depreciation and amortization (“EBITDA”) and EBITDA
adjusted for non-core or certain items that have a disproportionate impact on our results for a particular period
(“Adjusted EBITDA”) as non-GAAP measures to evaluate the Company’s operating performance. EBITDA and
Adjusted EBITDA do not represent, and should not be considered an alternative to, net earnings (loss), operating
earnings (loss), or cash flow from operations as those terms are defined by GAAP, and does not necessarily
indicate whether cash flows will be sufficient to fund cash needs. Although Adjusted EBITDA and similar measures
are frequently used as measures of operations and the ability to meet debt service requirements by other
companies, our calculation of Adjusted EBITDA is not necessarily comparable to such other similarly titled captions
of other companies. The Company believes that Adjusted EBITDA provides useful information to investors and
others in understanding and evaluating our operating results in the same manner as our management and board of
directors. Management’s determination of the components of Adjusted EBITDA are evaluated periodically and
based, in part, on a review of non-GAAP financial measures used by mining industry analysts. Net income (loss)
attributable to Newmont stockholders is reconciled to EBITDA and Adjusted EBITDA as follows:
Three Months Ended
March 31,
2016 2015
Net income (loss) attributable to Newmont stockholders $ 52 $ 183
Net income (loss) attributable to noncontrolling interests 83 46
Loss (income) from discontinued operations 26 (8)
Equity loss (income) of affiliates 5 9
Income and mining tax expense (benefit) 324 193
Depreciation and amortization 322 289
Interest expense, net of capitalized interest 79 85
EBITDA $ 891 $ 797
Adjustments:
Impairment of investments $ — $ 57
Restructuring and other 13 5
Loss (gain) on asset and investment sales (104) (44)
Loss on debt repayment 3 —
Adjusted EBITDA $ 803 $ 815
32. Newmont Mining Corporation I Q1 2016 earnings I Slide 32April 21, 2016
We also present Cash from core operations as a non-GAAP measure. Cash from core operations is generated from
Net cash provided by continuing operating activities less sustaining capital, as presented on the non-GAAP All-in
sustaining cost table in the Company’s Q4 and FY 2015 earnings release filed on February 17, 2016.
Cash from core operations
(1) Net cash provided by (used in) investing activities include sustaining capital, which is included in the Company’s computation of Cash from core operations.
Three Months Ended
3/31/2016
Net cash provided by operating activities $ 522
Plus: Net cash used in discontinued operations 2
Net cash provided by continuing operating activities 524
Less: Sustaining capital (111)
Cash from core operations $ 413
Net cash provided by (used in) investing activities(1) (111)
Net cash provided by (used in) financing activities (738)
33. Newmont Mining Corporation I Q1 2016 earnings I Slide 33April 21, 2016
All-in sustaining costs
Newmont has worked to develop a metric that expands on GAAP measures such as cost of goods sold and non-GAAP measures, such as costs applicable to sales per ounce, to provide visibility into the
economics of our mining operations related to expenditures, operating performance and the ability to generate cash flow from operations.
Current GAAP-measures used in the mining industry, such as cost of goods sold, do not capture all of the expenditures incurred to discover, develop, and sustain gold production. Therefore, we believe that all-in
sustaining costs is a non-GAAP measure that provides additional information to management, investors, and analysts that aid in the understanding of the economics of our operations and performance compared
to other producers and in the investor’s visibility by better defining the total costs associated with production.
All-in sustaining cost (AISC) amounts are intended to provide additional information only and do not have any standardized meaning prescribed by GAAP and should not be considered in isolation or as a
substitute for measures of performance prepared in accordance with GAAP. The measures are not necessarily indicative of operating profit or cash flow from operations as determined under GAAP. Other
companies may calculate these measures differently as a result of differences in the underlying accounting principles, policies applied and in accounting frameworks such as in International Financial Reporting
Standards (IFRS), or by reflecting the benefit from selling non-gold metals as a reduction to AISC. Differences may also arise related to definitional differences of sustaining versus development capital activities
based upon each company’s internal policies.
The following disclosure provides information regarding the adjustments made in determining the all-in sustaining costs measure:
Cost Applicable to Sales - Includes all direct and indirect costs related to current gold production incurred to execute the current mine plan. Costs Applicable to Sales (CAS) includes by-product credits from
certain metals obtained during the process of extracting and processing the primary ore-body. CAS is accounted for on an accrual basis and excludes Amortization and Reclamation and remediation, which is
consistent with our presentation of CAS on the Statement of Consolidated Income. In determining AISC, only the CAS associated with producing and selling an ounce of gold is included in the measure.
Therefore, the amount of gold CAS included in AISC is derived from the CAS presented in the Company’s Statement of Consolidated Income less the amount of CAS attributable to the production of copper at our
Phoenix, Boddington and Batu Hijau mines. The copper CAS at those mine sites is disclosed in Note 3 – Segments that accompanies the Consolidated Financial Statements. The allocation of CAS between gold
and copper at the Phoenix, Boddington and Batu Hijau mines is based upon the relative sales percentage of copper and gold sold during the period.
Remediation Costs - Includes accretion expense related to asset retirement obligations (ARO) and the amortization of the related Asset Retirement Cost (ARC) for the Company’s operating properties recorded as
an ARC asset. Accretion related to ARO and the amortization of the ARC assets for reclamation and remediation do not reflect annual cash outflows but are calculated in accordance with GAAP. The accretion
and amortization reflect the periodic costs of reclamation and remediation associated with current gold production and are therefore included in the measure. The allocation of these costs to gold and copper is
determined using the same allocation used in the allocation of CAS between gold and copper at the Phoenix, Boddington and Batu Hijau mines.
Advanced Projects and Exploration - Includes incurred expenses related to projects that are designed to increase or enhance current gold production and gold exploration. We note that as current resources are
depleted, exploration and advance projects are necessary for us to replace the depleting reserves or enhance the recovery and processing of the current reserves. As this relates to sustaining our gold production,
and is considered a continuing cost of a mining company, these costs are included in the AISC measure. These costs are derived from the Advanced projects, research and development and Exploration amounts
presented in the Company’s Statement of Consolidated Income less the amount attributable to the production of copper at our Phoenix, Boddington and Batu Hijau mines. The allocation of these costs to gold and
copper is determined using the same allocation used in the allocation of CAS between gold and copper at the Batu Hijau, Boddington and Phoenix mines.
General and Administrative - Includes cost related to administrative tasks not directly related to current gold production, but rather related to support our corporate structure and fulfilling our obligations to operate
as a public company. Including these expenses in the AISC metric provides visibility of the impact that general and administrative activities have on current operations and profitability on a per ounce basis.
Other Expense, net - Includes costs related to regional administration and community development to support current gold production. We exclude certain exceptional or unusual expenses from Other expense,
net, such as restructuring, as these are not indicative to sustaining our current gold operations. Furthermore, this adjustment to Other expense, net is also consistent with the nature of the adjustments made to
Net income (loss) as disclosed in the Company’s non-GAAP financial measure Adjusted net income (loss). The allocation of these costs to gold and copper is determined using the same allocation used in the
allocation of CAS between gold and copper at the Phoenix, Boddington and Batu Hijau mines.
Treatment and Refining Costs - Includes costs paid to smelters for treatment and refining of our concentrates to produce the salable metal. These costs are presented net as a reduction of Sales.
Sustaining Capital - We determined sustaining capital as those capital expenditures that are necessary to maintain current gold production and execute the current mine plan. Capital expenditures to develop new
operations, or related to projects at existing operations where these projects will enhance gold production or reserves, are considered development. We determined the breakout of sustaining and development
capital costs based on a systematic review of our project portfolio in light of the nature of each project. Sustaining capital costs are relevant to the AISC metric as these are needed to maintain the Company’s
current gold operations and provide improved transparency related to our ability to finance these expenditures from current operations. The allocation of these costs to gold and copper is determined using the
same allocation used in the allocation of CAS between gold and copper at the Batu Hijau, Boddington and Phoenix mines.
34. Newmont Mining Corporation I Q1 2016 earnings I Slide 34April 21, 2016
(1) Excludes Depreciation and
amortization and Reclamation and
remediation.
(2) Includes by-product credits of $20.
(3) Includes stockpile and leach pad
inventory adjustments of $28 at
Yanacocha, $20 at Carlin, and $2 at Twin
Creeks.
(4) Remediation costs include operating
accretion of $23 and amortization of asset
retirement costs of $11.
(5) Other expense, net is adjusted for
restructuring costs of $13.
(6) Excludes development capital
expenditures, capitalized interest, and the
increase in accrued capital of $186. The
following are major development projects:
Merian, Turf Vent Shaft, Long Canyon and
the CC&V expansion project.
(7) On August 3, 2015, the Company
acquired the CC&V gold mining business.
All-in sustaining costs
Advanced Treatment All-In
Costs Projects General Other and All-In Ounces Sustaining
Three Months Ended Applicable Reclamation and and Expense, Refining Sustaining Sustaining (000)/Pounds Costs per
March 31, 2016 to Sales
(1)(2)(3)
Costs
(4)
Exploration Administrative Net
(5)
Costs Capital
(6)
Costs (millions) Sold oz/lb
Gold
Carlin $ 189 $ 1 $ 3 $ 1 $ — $ — $ 32 $ 226 208 $ 1,087
Phoenix 49 1 — — — 3 2 55 53 1,038
Twin Creeks 60 1 2 — — — 6 69 136 507
CC&V (7)
33 1 3 — — — — 37 55 673
Other North America — — 7 — 2 — — 9 — —
North America 331 4 15 1 2 3 40 396 452 876
Yanacocha 128 14 9 3 1 — 14 169 179 944
Merian — — 3 — — — — 3 — —
Other South America — — 6 2 — — — 8 — —
South America 128 14 18 5 1 — 14 180 179 1,006
Boddington 111 1 — — — 4 9 125 163 767
Tanami 59 1 3 — — — 14 77 101 762
Kalgoorlie 65 1 1 — — 1 3 71 88 807
Batu Hijau 100 3 1 3 — 12 4 123 236 521
Other Asia Pacific — — 1 3 1 — — 5 — —
Asia Pacific 335 6 6 6 1 17 30 401 588 682
Ahafo 57 2 5 — — — 10 74 87 851
Akyem 55 2 1 — — — 7 65 115 565
Other Africa — — 1 1 — — — 2 — —
Africa 112 4 7 1 — — 17 141 202 698
Corporate and Other — — 12 43 1 — 2 58 — —
Total Gold $ 906 $ 28 $ 58 $ 56 $ 5 $ 20 $ 103 $ 1,176 1,421 $ 828
Copper
Phoenix $ 22 $ 1 $ — $ — $ — $ 1 $ 1 $ 25 10 $ 2.50
Boddington 23 — — — — 3 2 28 15 1.87
Batu Hijau 130 5 — 1 — 28 5 169 142 1.19
Asia Pacific 153 5 — 1 — 31 7 197 157 1.25
Total Copper $ 175 $ 6 $ — $ 1 $ — $ 32 $ 8 $ 222 167 $ 1.33
Consolidated $ 1,081 $ 34 $ 58 $ 57 $ 5 $ 52 $ 111 $ 1,398
35. Newmont Mining Corporation I Q1 2016 earnings I Slide 35April 21, 2016
All-in sustaining costs
(1) Excludes Depreciation and
amortization and Reclamation and
remediation.
(2) Includes by-product credits of $20.
(3) Includes stockpile and leach pad
inventory adjustments of $24 at Carlin, $2
at Twin Creeks, $4 at Yanacocha, and $19
at Boddington.
(4) Reclamation costs include accretion of
$21 and amortization of asset retirement
costs of $22.
(5) Other expense, net is adjusted for
restructuring costs of $5.
(6) Excludes development capital
expenditures, capitalized interest, and the
increase in accrued capital of $128. The
following are major development projects
as of March 31, 2015: Turf Vent Shaft and
Merian.
(7) On October 29, 2015, the Company
sold the Waihi mine.
Advanced Treatment All-In
Costs Projects General Other and All-In Ounces Sustaining
Three Months Ended Applicable Reclamation and and Expense, Refining Sustaining Sustaining (000)/Pounds Costs per
March 31, 2015 to Sales
(1)(2)(3)
Costs
(4)
Exploration Administrative Net
(5)
Costs Capital
(6)
Costs (millions) Sold oz/lb
Gold
Carlin $ 178 $ 1 $ 3 $ 2 $ — $ — $ 37 $ 221 227 $ 974
Phoenix 41 1 1 1 — 2 4 50 52 962
Twin Creeks 59 1 2 — — — 18 80 122 656
Other North America — — 5 — 2 — 1 8 — —
North America 278 3 11 3 2 2 60 359 401 895
Yanacocha 115 24 5 4 1 — 15 164 246 667
Merian — — 2 — — — — 2 — —
Other South America — — 10 — — — — 10 — —
South America 115 24 17 4 1 — 15 176 246 715
Boddington 157 2 1 — — 6 9 175 202 866
Tanami 58 1 1 — — — 14 74 98 755
Waihi (7)
19 1 1 — — — — 21 41 512
Kalgoorlie 60 1 — — — 1 7 69 61 1,131
Batu Hijau 51 2 — 1 — 9 6 69 104 663
Other Asia Pacific — — 1 3 2 — — 6 — —
Asia Pacific 345 7 4 4 2 16 36 414 506 818
Ahafo 56 1 6 — — — 12 75 100 750
Akyem 46 1 — — — — 11 58 114 509
Other Africa — 1 1 2 — — — 4 — —
Africa 102 3 7 2 — — 23 137 214 640
Corporate and Other — — 22 44 6 — 3 75 — —
Total Gold $ 840 $ 37 $ 61 $ 57 $ 11 $ 18 $ 137 $ 1,161 1,367 $ 849
Copper
Phoenix $ 25 $ 1 $ — $ — $ 1 $ 1 $ 3 $ 31 13 $ 2.38
Boddington 39 — — — — 4 2 45 20 2.25
Batu Hijau 123 5 — 1 — 22 14 165 106 1.56
Asia Pacific 162 5 — 1 — 26 16 210 126 1.67
Total Copper $ 187 $ 6 $ — $ 1 $ 1 $ 27 $ 19 $ 241 139 $ 1.73
Consolidated $ 1,027 $ 43 $ 61 $ 58 $ 12 $ 45 $ 156 $ 1,402
36. Newmont Mining Corporation I Q1 2016 earnings I Slide 36April 21, 2016
Endnotes
Investors are encouraged to read the information contained in this presentation in conjunction with the following notes, the Cautionary Statement on slide 2 and the factors described
under the “Risk Factors” section of the Company’s Form 10-K, filed with the SEC on or about February 17, 2016, and disclosure in the Company’s recent SEC filings.
1. Historical AISC or All-in sustaining cost is a non-GAAP metric. See slides 33 to 35 for more information and a reconciliation to the nearest GAAP metric. All-in sustaining cost
(“AISC”) as used in the Company’s Outlook is a non-GAAP metric defined as the sum of cost applicable to sales (including all direct and indirect costs related to current gold
production incurred to execute on the current mine plan), remediation costs (including operating accretion and amortization of asset retirement costs), G&A, exploration expense,
advanced projects and R&D, treatment and refining costs, other expense, net of one-time adjustments and sustaining capital. See also note 6 below.
2. EBITDA and Adjusted EBITDA are non-GAAP metrics. See slide 31 for more information and reconciliation to the nearest GAAP metric.
3. Free cash flow is a non-GAAP metric and is generated from Net cash provided from continuing operations less Additions to property, plant and mine development, as presented
on the Statement of Cash Flows in the Company’s Q1 2016 earnings release filed on April 20, 2016.
4. Adj. Net Income is a non-GAAP metric. See slides 29 to 30 for more information and reconciliation to the nearest GAAP metric.
5. Cash from core operations is a non-GAAP metric and is generated from Net cash provided by continuing operating activities less sustaining capital, as presented on the non-
GAAP All-in sustaining cost table in the Company’s Q1 2016 earnings release filed on April 20, 2016. See slide 32 for more information and reconciliation to the nearest GAAP
metric.
6. Outlook projections used in this presentation are considered “forward-looking statements” and represent management’s good faith estimates or expectations of future production
results as of April 20, 2016. Outlook is based upon certain assumptions, including, but not limited to, metal prices, oil prices, certain exchange rates and other assumptions. For
example, Outlook assumes $1,100/oz Au, $2.50/lb Cu, $0.75 USD/AUD exchange rate and $65/barrel WTI. AISC and CAS cost estimates do not include inflation. Production,
AISC and capital estimates exclude projects that have not yet been approved (NW Exodus, Twin Underground, Batu Phase 7, Ahafo Mill Expansion and Subika
Underground). The potential impact on inventory valuation as a result of lower prices, input costs, and project decisions are not included as part of this Outlook. Long term ranges
(2018 – 2020) for production, AISC and capital provided in this presentation represent 3-year averages. Scheduled debt prepayments exclude capital leases. Such assumptions
may prove to be incorrect and actual results may differ materially from those anticipated. Consequently, Outlook cannot be guaranteed. As such, investors are cautioned not to
place undue reliance upon Outlook and forward-looking statements as there can be no assurance that the plans, assumptions or expectations upon which they are placed will
occur.
7. ROCE is a non-GAAP metric and utilizes rolling 12 month earnings before interest and taxes (EBIT) over capital employed less cash and equivalents. Competitor average is
weighted based on market capitalization (February 23, 2016).
8. U.S. investors are reminded that reserves were prepared in compliance with Industry Guide 7 published by the SEC. Whereas, the term resource, measured resource, indicated
resources and inferred resources are not SEC recognized terms. For example, 2015 resources at Pete Bajo discussed in this presentation include: Measured and Indicated of
0.1Moz (0.4Mtonnes @ 7.9gpt) and Inferred of 0.3 Moz (1.1Mtonnes @ 9.8gpt). Newmont has determined that such resources would be substantively the same as those
prepared using the Guidelines established by the Society of Mining, Metallurgy and Exploration and defined as Mineral Resource. Estimates of resources are subject to further
exploration and development, are subject to additional risks, and no assurance can be given that they will eventually convert to future reserves. Inferred resources, in particular,
have a great amount of uncertainty as to their existence and their economic and legal feasibility. Investors are cautioned not to assume that any part or all of the inferred resource
exists, or is economically or legally mineable. Inventory and upside potential have a greater amount of uncertainty. Investors are cautioned that drill results illustrated in certain
graphics in this presentation are not necessarily indicative of future results or future production. Even if significant mineralization is discovered and converted to reserves, during
the time necessary to ultimately move such mineralization to production the economic and legal feasibility of production may change. As such, investors are cautioned against
relying upon those estimates. For more information regarding the Company’s reserves, see the Company’s Annual Report filed with the SEC on February 17, 2016 for the
Proven and Probable Reserve tables prepared in compliance with the SEC’s Industry Guide 7, which is available at www.sec.gov or on the Company’s website. Investors are
further reminded that the reserve and resource (R&R) estimates used in this presentation are estimates as of December 31, 2015.