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Newmont (NEM) guidance and outlook
Newmont (NEM) reaffirmed its guidance on Oct 22, 2026: Depreciation & amortization $2.8B for . Newmont's 10-Q filed Oct 22, 2026 makes 20 forward-looking statements, 4 of them new and 1 no longer said since the filing before.
Guidance and outlook
Latest guidance
| Metric | Period | Range | Change |
|---|---|---|---|
| Depreciation & amortization | $2.8B | new |
From the earnings release filed Oct 22, 2026 (8-K on EDGAR).
Forward-looking statements, 10-Q filed Oct 22, 2026
- new · The contribution of the three development properties to NGM is expected in the fourth quarter of 2026, at which time the Company will recognize its 38.5% interest in Fourmile based on the consideration transferred, which will include the cash payment to Barrick and 61.5% of the fair value of Fiberline and Mike.
- new · As Fiberline and Mike have no carrying value prior to their contribution, the Company expects to recognize a gain upon completion of the transaction.
- In October 2025, the Company declared commercial production at its Ahafo North project in Ghana resulting in classification as a reportable segment.
- updated · The Company completed the sale of certain non-core assets which included the Telfer reportable segment in the fourth quarter of 2024, the sale of the CC&V, Musselwhite, and Éléonore reportable segments in the first quarter of 2025, the sale of the Porcupine and Akyem reportable segments in the second quarter of 2025, and the sale of the Coffee development project in the fourth
- The effective tax rate is driven by a number of factors and the comparability of our income tax expense for the reported periods will be primarily affected by (i) variations in our income before income taxes; (ii) geographic distribution of that income; (iii) impacts of the changes in tax law; (iv) valuation allowances on tax assets; (v) percentage depletion; (vi) fluctuation in the value of the USD and foreign…
- The Company is still examining the applicability of the new guidance to Newmont, but at this time, does not believe Pillar II will have a material impact on the financial statements.
- (4) In October 2025, the Company declared commercial production at its Ahafo North project in Ghana resulting in classification as a reportable segment.
- We expect that there would be no additional tax burden upon repatriation after considering the cash cost associated with any potential withholding taxes.
- We believe our existing cash and cash equivalents, available capacity on our revolving credit facility, and cash generated from operating activities will be adequate to satisfy working capital needs, fund future growth, meet debt obligations, and meet other liquidity requirements for the foreseeable future.
- We continue to remain compliant with covenants and do not currently anticipate any events or circumstances that would impact our ability to access funds available on this facility.
- The program will be executed at the Company’s discretion, permits shares to be repurchased under a variety of methods, has no expiration date, may be discontinued at any time, and the program does not obligate the Company to acquire any specific number of shares of its common stock or to repurchase the full authorized amount.
- Our near-term development capital projects include Tanami Expansion 2, Cadia Panel Caves, Lihir Nearshore Barrier, and the Cerro Negro expansion projects, which are being funded from existing liquidity and will continue to be funded from future operating cash flows.
Newmont's latest quarter
Newmont, Q3 2026: revenue $6.4B (+15% year over year), operating margin 49.7%, net earnings $2.5B, operating cash flow $2.8B. The chart follows the revenue to costs, profit and cash.
Questions
Did Newmont raise or lower its guidance?
Newmont (NEM) reaffirmed its guidance on Oct 22, 2026: Depreciation & amortization $2.8B for .
What does Newmont expect?
The contribution of the three development properties to NGM is expected in the fourth quarter of 2026, at which time the Company will recognize its 38.5% interest in Fourmile based on the consideration transferred, which will include the cash payment to Barrick and 61.5% of the fair value of Fiberline and Mike. As Fiberline and Mike have no carrying value prior to their contribution, the Company expects to recognize a gain upon completion of the transaction. The Company completed the sale of certain non-core assets which included the Telfer reportable segment in the fourth quarter of 2024, the
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.