Newmont's Gold Mineral Reserves Falls in 2025

MT Newswires Live

Feb 20

Newmont (ASX:NEM) reported gold mineral reserves of 118.2 million attributable ounces at the end of 2025, compared to 134.1 million attributable ounces at the end of 2024, according to a Friday Australian bourse filing.

The results are due to divestments, depletion from mining, the filing said.

Its portfolio includes 12.5 million attributable tonnes of copper reserves, as well as 442 million attributable ounces of silver reserves for 2025, the filing added.

At the end of 2024, the company's portfolio included over 13.5 million attributable tonnes of copper reserves and 530 million attributable ounces of silver reserves.

The company's measured and indicated gold mineral resources fell to 88.1 million attributable ounces from 99.4 million attributable ounces, and its inferred resources fell to 60.6 million attributable ounces from 70.6 million attributable ounces at the end of 2024, the company said.

Newmont's measured and indicated gold mineral resource grade decreased to 0.58 grams per tonne compared to 0.59 grams per tonne, the company added.

It expects attributable exploration expenditure of about AU$205 million in 2026.

Shares of the company fell 3% in recent Friday trade.

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