Newmont Says Co Improves Q4 2025, FY25 Guidance

Author: Benzinga Newsdesk | October 23, 2025 03:09pm

Newmont's Fourth Quarter and 2025 Guidance

Newmont has made significant progress on the cost savings initiatives announced in February 2025, enabling the Company to improve its 2025 guidance for several cost metrics, while maintaining its outlook for production and unit costs in a rising gold price environment. In addition, the Company has improved its capital guidance, reflecting a shift in the timing of spend to next year. Newmont's fourth quarter and full year 2025 guidance, presented on a full portfolio basis, is provided below. Please see the cautionary statement and footnotes for additional information.

Guidance Metric (+/-5%) a	2025E	Q4 2025E
Attributable Gold Production	(Moz)	(Koz)
Total Core Portfolio	5.6	1,415
Non-Core Assets b	0.3	—
Total Newmont Attributable Gold Production	5.9	1,415
Gold Co-Product CAS ($/oz)
Total Core Portfolio	$1,180	$1,260
Non-Core Assets	$1,450	$—
Total Newmont Gold CAS ($/oz)	$1,200	$1,260
Gold Co-Product AISC ($/oz)
Total Core Portfolio	$1,620	$1,670
Non-Core Assets b	$1,830	$—
Total Newmont Gold AISC ($/oz)	$1,630	$1,670
Sustaining Capital ($M)
Total Core Portfolio	$1,650	$450
Non-Core Assets b	$75	$—
Total Newmont Sustaining Capital c	$1,725	$450
Development Capital ($M)
Total Core Portfolio	$1,250	$350
Non-Core Assets b	$30	$—
Total Newmont Development Capital c	$1,280	$350
Consolidated Expenses
Exploration & Advanced Projects ($M)	$450	$150
General & Administrative ($M)	$390	$100
Interest Expense ($M)	$255	$55
Depreciation & Amortization ($M)	$2,600	$750
Reclamation and Remediation Accretion ($M)	$350	$110
Adjusted Tax Rate d,e	33%	33%

 

Posted In: NEM