Item 2. PROPERTIES (dollars in millions, except per share, per ounce and per pound amounts)

The Company maintains its corporate headquarters in Denver, Colorado, U.S. and has various regional offices. Newmont’s production, development, and exploration properties are described below. All key permits have either been obtained by Newmont or approval is expected to be received in the normal course of business. In addition, Newmont holds investment interests in Papua New Guinea, Chile, Peru, Mexico, Canada, and various other locations. Refer to Item 1A, Risk Factors, for risks related to our properties.

Operating Statistics, Proven and Probable Reserves, and Measured, Indicated and Inferred Resources contain tabular information that is presented in both metric and imperial as follows: (i) metric tonnage is utilized for all metals; (ii) gold and silver grades are presented in grams per tonne; (iii) copper, lead, zinc, and molybdenum grades are presented in percentages; and (iv) metal content for gold and silver is presented in ounces while metal content for copper, lead, zinc, and molybdenum is presented in pounds or tonnes. Refer to Operating Statistics, Proven and Probable Reserves, and Measured, Indicated and Inferred Resources below.

Production Properties

Newmont’s properties described below are in the production stage and are operated by Newmont, unless otherwise noted. Production and other operating statistics are presented below in the Operating Statistics section for each site. At December 31, 2025, the Lihir, Cadia, Boddington, and NGM properties are classified as material individual properties under Regulation S-K 1300 and additional details are provided for these properties accordingly. Additionally, the "Ahafo Complex", which includes the Company's Ahafo South and Ahafo North properties, is classified as material under Regulation S-K 1300.

Lihir, Papua New Guinea. (100% owned) Lihir is an open pit mine located near the town of Londolovit on Aniolam Island, approximately 560 miles (900 kilometers) northeast of Port Moresby, the national capital. Access to Aniolam Island is through the Kunaye airport located approximately 4 miles (7 kilometers) north of the mine. Newcrest acquired the Lihir mine in 2010. Newmont obtained the 100% ownership of Lihir when Newmont acquired Newcrest in 2023. The Lihir deposit is considered to be an example of an epithermal gold deposit. Aniolam Island is part of a 155 mile (250-kilometers) long, northwest-trending, alkalic volcanic island chain that sits within an area where several micro-plates (Solomon Sea Plate, South Bismarck Plate and North Bismarck Plate) developed between the converging Australian and South Pacific plates. Lihir comprises two Plio–Pleistocene volcanic blocks, Londolovit Block and Wurtol Wedge and three Pleistocene volcanic edifices, Huniho, Kinami, and Luise.

Lihir consists of a granted Special Mining Lease, two granted Mining Leases, one granted Exploration License, five granted Leases for Mining Purposes, and three Mining Easements held in the name of Lihir Gold. All leases expire in March 2035, except the

Exploration License and two Mining leases, which are subject to renewal. The total area under license is approximately 63,506 acres (25,700 hectares). Lihir is situated on land held variously under customary, State of PNG, and private ownership, including under State of PNG lease. The bulk of the land that is or will be affected by development, operations and closure of the Lihir Operations is customary owned. Newmont has been granted rights to undertake mining and processing of gold and related activities, through negotiations with the state and local government, and landowners in the area. Environment Permits for water extraction and waste disposal are in place to support mining operations. The Londolovit River is the main source of water for the process plant and surrounding area.

A 2% royalty is payable to the State on the realized prices of all gold and silver bullion sold, less transport and refining costs. In addition, a production levy of 0.5% is also payable to the PNG Mineral Resource Authority on the gross income from the sale of the minerals (i.e., excluding the offsets of treatment and refining charges, payable terms and freight) and other income derived from or in connection with the mining operations.

Operations at Lihir are conducted using a fleet of nine hydraulic shovels and 40 haul trucks, with payload ranging from 90 to 131 tonnes. The process plant consists of crushing and grinding followed by the option of bulk sulphide flotation, then pressure oxidation, and recovery of gold from washed oxidized slurry using conventional cyanidation and electrowinning. For tailings management, Lihir utilizes deep-sea tailings placement in a suitable deep-ocean location. The plant has undergone a number of alterations and expansions since first commissioning in 1997. Lihir’s gross property, plant and mine development at December 31, 2025 was $3,970.

As of December 31, 2025 and 2024, Lihir reported 16.0 million and 15.8 million ounces of gold reserves, respectively. The gold reserves remained consistent in 2025 compared to 2024.

As of December 31, 2025 and 2024, Lihir reported 20.7 million and 20.4 million ounces of gold resources, respectively. The gold resources remained consistent in 2025 compared to 2024.

Cadia, Australia. (100% owned) Cadia is located approximately 16 miles (25 kilometers) south-southwest of the town of Orange in New South Wales ("NSW") and is accessible primarily by paved roads and through the Orange airport located approximately 8 miles (13 kilometers) northeast of the Cadia Operations. The Cadia Operations consist of six granted mining leases and five granted exploration licenses and one granted Exploration Prospecting License through NSW encompassing a total area of 43,720 acres (17,693 hectares). Newmont predominantly owns all properties covered by the mining leases and a number of properties in the surrounding area. The main mining lease expires in October 2038 but can be renewed. Newcrest acquired the Cadia mine in 1991. Newmont obtained the 100% ownership of Cadia when Newmont acquired Newcrest in 2023.

The NSW government levies a royalty rate of 4% for gold, silver, copper, and molybdenum based on revenue. Treatment costs, depreciation, realization, and administration costs are allowable deductions from revenue for royalty calculations.

Cadia consists of the Cadia East, Cadia Hill, Cadia Extended, and Ridgeway deposits which consist of alkalic porphyry gold-copper style mineralization and the Big Cadia deposit which is a skarn-style occurrence.

Cadia operates two adjacent concentrators, Concentrator 1 and Concentrator 2, currently treating ore from Cadia East mine. Both concentrators have undergone throughput upgrades, including operational improvements, over the years. Water supply at Cadia is sourced from the Cadiangullong Dam, Upper Rodds Creek Dam, Flyers Creek Weir, Cadia Creek Weir, Orange Sewage Treatment Plant treated effluent, on-site groundwater bores, Belubula River, and site runoff. Cadia sources all of its power from the National Electricity Market. Cadia is currently under an electricity supply agreement and holds a power purchase agreement.

Production mining is an underground panel cave mining from Cadia East with underground crushing and conveyor to surface. The processing plant infrastructure includes high pressure grinding rolls, SAG mills, ball mills, flotation, coarse ore flotation, gravity concentrator and a molybdenum plant to produce copper and gold concentrate, gold doré, and molybdenum concentrate. The available primary production fleet consists of 28 underground production loaders with an average 18 tonne payload. Cadia’s gross property, plant and mine development at December 31, 2025 was $6,321.

As of December 31, 2025 and 2024, Cadia reported 13.5 million and 14.1 million ounces of gold reserves, respectively, 2.9 million and 3.1 million tonnes of copper reserves, respectively, 21.8 million and 22.8 million ounces of silver reserves, respectively and 0.1 million and 0.1 million tonnes of molybdenum reserves, respectively. This represents a decrease of approximately 6% in copper reserves in 2025 compared to 2024; gold, silver, molybdenum reserves remained consistent.

As of December 31, 2025 and 2024, Cadia reported 11.0 million and 19.5 million ounces of gold resources, 2.9 million and 4.2 million tonnes of copper resources, 22.5 million and 34.0 million ounces of silver resources, and 0.1 million and 0.1 million tonnes of molybdenum resources. These changes represent a decrease of approximately 44% in gold resources, a decrease of approximately 31% in copper resources, and a decrease of approximately 34% in silver resources in 2025 compared to 2024. Molybdenum resources remained consistent. The overall reduction in resources is primarily due to negative technical revisions.

Tanami and Boddington, Australia. Newmont’s Tanami and Boddington operations in Australia take place on land that falls under the custodianship of Aboriginal people. Aboriginal land rights in Australia, which recognize the traditional rights and customs of Aboriginal people, are governed by the Commonwealth Native Title Act and certain other Acts specific to individual states and territories. The Commonwealth Native Title Act was enacted in 1993 following a decision in the High Court of Australia, which held that Aboriginal people, who have maintained a continuing connection with their land according to their traditional laws and customs, may hold certain rights which should be recognized under Australian common law. In the Northern Territory, where the Tanami operation is located, the Aboriginal Land Rights Act (“ALRA”) was introduced in 1976, which established an Aboriginal Land rights regime. Under the ALRA, approximately 50% of the land in the Northern Territory was granted as inalienable Aboriginal freehold titled land.

Newmont has existing agreements with the Traditional Owner groups of the land utilized by our Tanami and Boddington operations. Any future agreements would depend on a determination of native title, which is likely to take many years. If successful, a native title determination could give rights to compensation claims in the future. Throughout Australia, new exploratory and mining tenements may require native title agreements to be entered into and will be subject to a negotiation process, which often gives rise to compensation payments and heritage survey protocols. Newmont does not consider that native title claims or determined areas where rights have been established are an impediment to the operation of existing mines.

In Australia, various ad valorem royalties and taxes are paid to state and territorial governments, typically based on a percentage of gross revenues or earnings. Aboriginal groups have negotiated compensation/royalty payments as a condition to granting access to areas where native title rights are determined or where they own the land.

Tanami, Australia. (100% owned) Tanami is located in the Northern Territory approximately 342 miles (550 kilometers) northwest of Alice Springs. The underground mining infrastructure and operation is located at Dead Bullock Soak (“DBS”). The processing infrastructure is located 25 miles (40 kilometers) to the east of the mining operations at the Granites. Ore is transported by road train from DBS underground to the processing facility at the Granites.

The Newmont Tanami Operations are comprised of exploration licenses encompassing a total area of 1,540,301 acres (623,339 hectares) including 556,545 acres (225,226 hectares) relating to the Tobruk and Monza Joint Ventures entered into with Prodigy Gold, and 44,333 acres (17,941 hectares) relating to a Joint Venture entered into with Top End Exploration Pty Ltd, for which Newmont is the operator, and 44,333 acres (17,941 hectares) relating to the Terry's South Joint Venture entered into with JRE. An additional, 11,025 acres (4,462 hectares) of mineral leases granted pursuant to the Northern Territory Mineral Titles Act. Newmont operates through exploration and mining agreements with the Central Land Council who represent Traditional Owners, the Warlpiri people.

Tanami consists of sediment hosted sheeted quartz vein mineralization. Tanami, as an underground mining operation, has a fleet of ten underground loaders, 22 haul trucks, each with 60 to 65-tonne payloads, and one ejector truck with a 45 tonne capacity. Processing plant facilities currently consist of a crushing plant, a grinding circuit, a gravity circuit, carbon in pulp and absorption tanks, thickeners and a conventional tailings storage facility. Tanami’s gross property, plant and mine development at December 31, 2025 was $3,965. Tanami reported 5.3 million ounces of gold reserves at December 31, 2025.

Brownfield exploration and development for new reserves is ongoing with the main focus being underground ore definition drilling of the Auron, Federation and Liberator ore bodies as well as exploration of the Oberon deposit. Surface drilling continues to test targets with Exploration Upside, proximal to known Tanami mineralization.

Boddington, Australia. (100% owned) Boddington is located 81 miles (130 kilometers) southeast of Perth in Western Australia and is accessible primarily by paved road. Boddington has been wholly owned since June 2009 when Newmont acquired the final 33.33% interest from AngloGold Ashanti Australia Limited. The Boddington project area comprises 52,065 acres (21,070 hectares) of mining tenure leased from the State of Western Australia, of which 26,910 acres (10,890 hectares) is subleased from the South 32 Worsley Joint Venturers ("Worsley JV"). The total project area is comprised of multiple leases that expire between 2027 and 2046. Royalties are paid to the state government at 2.5% for gold and 5% for copper based on revenue. Shipping and treatment and refining costs are allowable deductions from revenue for royalty calculations for copper. Newmont owns 74,474 acres (30,139 hectares) of rural freehold property, some of which overlaps existing mining tenure. The majority of its current operational area is located on its freehold property.

The subleases from the Worsley JV expire immediately prior to the expiry of the relevant mining leases. Newmont holds rights to renew the subleases. The mining leases are renewable upon application to the State of Western Australia by the Worsley JV. As these mining leases are in their third term, renewal of these mining leases is at the discretion of the State. The subleases do not confer an express right to require the Worsley JV to seek application to renew the mining leases. Newmont is entitled to all gold and other non-bauxite mineralization conferred by the mining leases. The Worsley JV retains the rights to bauxite mineralization. The relationship between the Worsley JV bauxite operations and the Boddington gold operations are regulated through a cross-operation agreement. This agreement confers priority on the bauxite operations such that the bauxite/alumina mining operations of the Worsley JV will take priority over the gold mining operations and Newmont is required to take reasonable measures to conserve bauxite including by mining and stockpiling bauxite on behalf of the Worsley JV.

Boddington consists of greenstone diorite hosted mineralization and exploration activities continue to develop the known reserve. The mine operates two pits (North and South Pits), utilizing two electric shovels, and three excavators as its prime ex-pit material movers with a fleet of 41 production autonomous haulage trucks. Boddington has a current capacity to mine approximately 200,000 to 250,000 tonnes of material per day. The milling plant includes a three-stage crushing facility (two primary crushers, six secondary crushers and four high-pressure grinding rolls), four ball mills, a flotation circuit and a carbon-in-leach circuit. The flotation circuit process recovers gold-copper concentrate before the material is then processed by a traditional carbon-in-leach circuit where the remaining gold is recovered to produce doré. Mining operations consist of two open pit operations located adjacent to each other. Boddington’s gross property, plant and mine development at December 31, 2025 was $4,976.

Power for the operation is sourced through the local power grid under a long-term power purchase agreement with Bluewaters Power. The power supply contract with Bluewaters expires in 2031 and includes an option to extend.

As of December 31, 2025 and 2024, Boddington reported 10.2 million and 10.8 million ounces of gold reserves, respectively, and 0.5 million and 0.5 million tonnes of copper reserves, respectively. This represents a decrease of approximately 6% in gold reserves, while copper reserves remained consistent in 2025 compared to 2024. The reduction in gold reserves is primarily due to depletion and negative technical revisions.

As of December 31, 2025 and 2024, Boddington reported 4.4 million and 4.3 million ounces of gold resources, respectively, and 0.3 million and 0.3 million tonnes of copper resources, respectively. The gold and copper resources remained consistent in 2025 compared to 2024.

Brownfield exploration and development for new reserves is ongoing.

Ahafo South and Ahafo North, Ghana. The Company's Ahafo South and Ahafo North properties are together known as the Ahafo Complex and together are classified as material properties under Regulation S-K 1300. All of Newmont’s operations in Africa are located in Ghana. In December 2003, Ghana’s Parliament unanimously ratified an Investment Agreement (“IA”) between Newmont and the government of Ghana. The IA established a fixed fiscal and legal regime, including fixed royalty and tax rates, for the life of any Newmont project in Ghana. In December 2015, Ghana’s Parliament ratified the Revised Investment Agreements (“Ghana Investment Agreements” or “Revised IAs”).

The Revised IAs contain commitments with respect to job training for local Ghanaians, community development, purchasing of local goods, services and environmental protection, and also include a change in tax stabilization from life of mine to 15 years from commercial production for each mine. In October 2017, the government of Ghana approved Newmont’s request to extend the stability period of the Revised IAs at the Ahafo operations for five years to December 31, 2025.

The maximum corporate income tax rate was previously 32.5% under the Revised IAs; however, upon the expiration of the tax stability extension on December 31, 2025, the Company’s operations in Ghana have become subject to a maximum corporate income tax rate of 35% and customs duties on imported goods used in mining operations ranging from 5% to 20% of the value of such items.

Royalties were paid to the Government of Ghana under a sliding‑scale system, based on average monthly gold prices and ranging up to 5% of revenues, plus an additional 0.6% on any production from forest reserve areas. The sliding-scale royalty regime expired on December 31, 2025. Effective January 1, 2026, royalties transitioned to a fixed 5% rate on gold production, with the additional 0.6% forest reserve royalty continuing to apply where applicable.

The government of Ghana is also entitled to receive 10% of a project’s net cash flow after reaching specific production milestones by receiving 1/9th of the total amount paid as dividends to Newmont parent. When the average quoted gold price exceeds $1,300 per ounce within a calendar year, an advance payment on these amounts of 0.6% of total revenues is required. Upon the expiration of the tax extension regime on December 31, 2025, dividends paid in addition to the carried interest will become subject to an 8% withholding tax, effective January 1, 2026.

The Company is now also be subject to a Growth and Sustainability Levy of 3% on gross revenue. As a result, the Company will also be exposed to future changes in fiscal, tax, and other related regulatory regimes in Ghana as they may be enacted from time to time. For instance, the Government of Ghana has announced plans to amend the country’s mineral royalty regime by replacing the flat 5% royalty rate, which became effective on January 1, 2026, with a sliding scale ranging from 5% to 12%, linked to prevailing gold prices. The proposed amendment was submitted to the Ghanaian Parliament on December 19, 2025, and is expected to be considered when parliamentary sessions resume in February 2026. If enacted, the revised royalty framework could increase the Company’s operating costs at its Ghanaian operations, particularly during periods of higher gold prices. The timing, final structure, and implementation mechanisms of the proposed regime currently remain uncertain.

Ahafo South, Ghana. (100% owned) Ahafo South is located near Kenyasi in the Ahafo Region of Ghana, approximately 180 miles (290 kilometers) northwest of the national capital city of Accra, and is largely accessible by paved roads. In 2002, Newmont acquired 50% of Ahafo South as a result of the merger with Normandy. In 2003, Newmont purchased the remaining interest from Moydow Mines International Inc. (“Moydow”), thereby making it a wholly owned subsidiary. The Ahafo South mine is composed of three orogenic gold deposits that have oxide and primary mineralization. Gold occurs primarily in pyrite and secondarily as native gold in quartz veins.

The Ahafo South operations are comprised of three mining leases issued under the Ghanaian Mining Act encompassing a total area of approximately 137,222 acres (55,532 hectares) with current mine take area of approximately 13,698 acres (5,543 hectares) that has been fully compensated and approximately 11,216 acres (4,539 hectares) of mining area that has not been fully compensated (e.g. payment would be necessary to move people from their land). The mining leases grant the exclusive rights to work, develop and produce gold in the lease area, including the processing, storing and transportation of mineral and materials. The mining leases require Ahafo South to respect or perform certain financial and statutory reporting obligations and expire in 2031 and are renewable subject to certain conditions. Ahafo South pays a royalty of 2% on net smelter returns to Franco-Nevada for all gold ounces recovered from areas previously owned by Moydow.

Ahafo South sources all of its power from the National Electricity Market. Ahafo South is currently under an electricity supply agreement and holds a power purchase agreement. Power for the operation is sourced through the local power grid under a long-term power purchase agreement with the Volta River Authority. The power supply contract with Volta River Authority expires in 2028 and includes an option to extend.

Ahafo South currently operates one open pit, following the completion of the Subika open pit in July 2025. The active pit is Awonsu, which is being mined concurrently in two phases: (Layback 3 and Layback 4). Subika added an underground operation, which reached commercial production in November 2018, and Awonsu completed a layback in November 2019. The available mining fleet for surface mining consists of three shovels and 36 haul trucks, each with 141-tonne payload. The available mining fleet for underground mining consists of eight underground loaders and 14 haul trucks, with payload ranging from 55 to 57 tonnes. The daily production rate is approximately 88,000 tonnes. The original processing plant was commissioned in 2006. The Ahafo Mill Expansion, which was completed in October 2019, expanded the plant capacity to process approximately 11 million tonnes per year. The current processing plant consists of two crushing plants, two grinding circuits, carbon-in-leach circuits, elution circuit, counter current decantation circuit, a tailings disposal facility, and a reverse osmosis water treatment plant. Ahafo South’s gross property, plant and mine development at December 31, 2025 was $2,982.

As of December 31, 2025 and 2024, Ahafo South reported 4.1 million and 4.6 million ounces of gold reserves, respectively. This change represents a decrease of approximately 11% in gold reserves in 2025 compared to 2024. The overall reduction in gold reserves is primarily due to depletion.

As of December 31, 2025 and 2024, Ahafo South reported 7.4 million and 5.1 million ounces of gold resources, respectively. This change represents an increase of approximately 45% in gold resources in 2025 compared to 2024. The overall increase in gold resources is primarily due to ounces added from exploration activities.

Brownfield exploration and development for new reserves is ongoing.

Ahafo North, Ghana. (100% owned) Ahafo North operation achieved commercial production in the fourth quarter of 2025 and is located approximately 31 miles (50 kilometers) northeast of Ahafo South and approximately 236 miles (380 kilometers) northwest of the capital city of Accra, Ghana accessible by paved road. In July 2021, the Board of Directors approved full funding for the Ahafo North project. The operation currently includes a mill and two active pits, with a third pit expected to commence operations in early 2026.

Ahafo North sources its power from the Ghana national grid through a long-term power purchase agreement with the Volta River Authority. This contract is valid through 2028 and includes an option for renewal. Water is also sourced from Susuan River, Boreholes 1 and 5, rainfall water, and from the sediments control structures.

The Ahafo North operation is comprised of one mining lease issued under the Ghanaian Mining Act encompassing a total area of approximately 465 kilometers with current mine take area of approximately 7,338 acres (2,970 hectares) that has been fully compensated and approximately 2,623 acres (1,061 hectares) of mining area that has not been fully compensated (e.g. payment would be necessary to resettle the community). The mining lease grants the exclusive rights to work, develop and produce gold in the lease area, including the processing, storing and transportation of mineral and materials. The mining lease requires Ahafo North to respect or perform certain financial and statutory reporting obligations and expires in 2031 and is renewable subject to certain conditions.

The Ahafo North mine is comprised of six open pit orogenic gold deposits with both oxide and primary mineralization. Ahafo North currently has two active pits, Subenso South and Susuan. The available mining fleet for surface mining consists of 3 shovels and 16 haul trucks to increase to 20 in 2026, each with 74.6 and 86.5 tonne payload for saprolite and primary materials respectively. Daily production rate is approximately 66,000 tonnes. The processing plant was commissioned in October 2025, with a plant capacity to process approximately 3.7 million tonnes per year. The current processing plant consists of one jaw crusher, SAG and ball mill combination, carbon-in-leach circuit, elution circuit, counter current decantation circuit, and a tailings disposal facility currently constructed to phase two of the life of mine plan. Ahafo North’s gross property, plant and mine development at December 31, 2025 was $1,114.

As of December 31, 2025 and 2024, Ahafo North reported 4.7 million and 4.6 million ounces of gold reserves, respectively. The gold reserves remained consistent in 2025 compared to 2024.

As of December 31, 2025 and 2024, Ahafo North reported 3.2 million and 2.6 million ounces of gold resources, respectively. This change represents an increase of approximately 23% in gold resources in 2025 compared to 2024. The overall increase in gold resources is primarily due to net positive technical revisions.

Brownfield exploration and development for new reserves is ongoing.

Merian, Suriname. (75% owned) Merian is operated in a partnership, named Suriname Gold Project CV, whereby 75% is owned by Newmont Suriname, LLC (“Newmont Suriname”), formerly known as Suriname Gold Company LLC and 100% directly owned by Newmont Corporation and 25% by Staatsolie. Merian is located in Suriname, approximately 40 miles (66 kilometers) south of the town of Moengo and 19 miles (30 kilometers) north of the Nassau Mountains, close to the eastern border with French Guiana.

Newmont Suriname holds one Right of Exploitation encompassing an area of 41,485 acres (16,788 hectares) and four Rights of Exploration encompassing an area of 160,153 acres (64,812 hectares). In addition to these mining rights, Newmont Suriname holds a surface right, the right of leasehold (recht van grondhuur) for the expansion of its tailings storage facilities. This right of leasehold encompasses an area of 7,771 acres (3,145 hectares). All of the gold mineralization at Merian is closely associated with quartz veining within siltstone and sandstone formations. The operation currently includes the Merian 2 open pit, the Merian 1 open pit, the Maraba open pit, and the Kupari open pit. The available mining fleet consists of three shovels, three mining excavators, and 41 haul trucks, each with 150-tonne payload. Newmont Suriname includes processing facilities that utilize a conventional gold mill, primary crusher and processing plant, consisting of a comminution plant, including gravity and cyanide leach processes, with recovery by carbon-in-leach, elution, electrowinning and induction furnace smelting to produce a gold doré product. Merian’s gross property, plant and mine development at December 31, 2025 was $1,384. Merian reported 4.5 million attributable ounces of gold reserves at December 31, 2025. Brownfield exploration and development for new reserves is ongoing.

Cerro Negro, Argentina. (100% owned) Cerro Negro is located in southern Argentina about 250 miles (400 kilometers) southwest of the coastal city of Comodoro Rivadavia. The mineral tenure consists of ten mining property titles encompassing 53,246 acres (21,548 hectares), and three exploration licenses, encompassing 13,193 acres (5,339 hectares). We also own lands in the Cerro Negro mine area, totaling approximately 27,429 acres (11,100 hectares), which overlie the Bajo Negro and Vein Zone deposits and adjacent prospects. Cerro Negro consists of the Eureka, Mariana Central, Mariana Norte, Emilia, and San Marcos operating underground mines and the Baja Negro and Silica Cap underground mines, which are currently in development. Deposits within the Cerro Negro mine operations are low sulfidation, epithermal gold/silver vein deposits. Cerro Negro’s available underground mining fleet consists of nine underground loaders, 12 underground haul trucks, and six surface haul trucks, each with 30 to 40-tonne payloads and additional auxiliary equipment as required. The processing plant facilities consist of a crushing plant, a grinding circuit, agitated leaching, counter-current decantation, solution clarification, Merril Crowe zinc precipitation and smelting to produce gold and silver doré bars that are shipped to a refinery for further processing. Cerro Negro’s gross property, plant and mine development at December 31, 2025 was $2,449. Cerro Negro reported 3.0 million ounces of gold reserves at December 31, 2025. Brownfield exploration and development for new reserves is ongoing, including the development of the Eastern district.

Yanacocha, Peru. (100% owned) Yanacocha is located approximately 375 miles (604 kilometers) north of Lima and 30 miles (48 kilometers) north of the city of Cajamarca. Yanacocha is comprised of 9 mining concessions and 3 processing concessions encompassing 237,741 acres (96,086 hectares). Yanacocha is an epithermal type deposit of high sulfidation hosted in volcanic rock formations. Gold is associated with iron-oxides and pyrite, which is placed on leach pads. Yanacocha consists of the following open pit mines: the La Quinua Complex, the Yanacocha Complex, the Carachugo Complex, and Maqui Maqui. Yanacocha has four leach pads (La Quinua, Yanacocha, Carachugo and Maqui Maqui). Yanacocha also has three gold processing plants (Pampa Larga, Yanacocha Norte and La Quinua), one limestone processing facility (China Linda) and one mill (Yanacocha Gold Mill). The La Quinua Complex mined material from the La Quinua Sur and the Tapado Oeste Layback and finished mining operations in 2021. The Yanacocha Complex mined material from the Yanacocha Layback and Yanacocha Pinos has had limited mining operations in recent years. The Maqui Maqui operations mined material from multiple mines that are no longer in operation. The Yanacocha Gold Mill and China Linda ceased operations in February 2021 and in December 2022, respectively, and both facilities have been placed into care and maintenance. The Carachugo leach pad processes oxide material from Quecher Main. Yanacocha’s available mining fleet consists of two shovels, two excavators, and 25 haul trucks, each with 233-tonne payload. Yanacocha’s gross property, plant and mine development at December 31, 2025 was $4,130. Yanacocha reported 0.5 million ounces of gold reserves at December 31, 2025.

Peñasquito, Mexico. (100% owned) Peñasquito is an open pit operation located in the northeast corner of Zacatecas State, approximately 125 miles (200 kilometers) northeast of the city of Zacatecas. Peñasquito is comprised of 20 mining concessions for operations comprising 113,231 acres (45,823 hectares) and 60 mining concessions for exploration of 107,456 acres (43,486 hectares). Surface rights in the vicinity of the Peñasco and Chile Colorado open pits are held by three ejidos: Ejido Cedros, Ejido Mazapil and Ejido Cerro Gordo. Peñasquito has signed land use agreements with each ejido, valid through 2035 and 2036, and the relevant private owners. Peñasquito consists of the Peñasco and Chile Colorado open pit mines. The mineralization at Peñasquito contains gold, silver, lead and zinc. Deposits currently mined within the Peñasquito operations are considered to be examples of breccia pipes developed as a result of intrusion-related hydrothermal activity. Process facilities include a sulfide processing plant, comprising two stages of flotation: lead and zinc. In the lead and zinc flotation, the slurry is conditioned with reagents to activate the desired minerals and produce lead and zinc concentrates. The flotation tailings go for final deposition in the tailings storage facility. The available mining fleet consists of five rope shovels, three hydraulic shovels, four loaders, and 81 haul trucks, each with a 312-tonne payload. The fleet is supported by blast hole production drills, as well as track dozers, rubber tire dozers, excavators, and graders. Peñasquito’s gross property, plant and mine development at December 31, 2025 was $5,957. Peñasquito reported 3.2 million ounces of gold reserves, 230 million ounces of silver reserves, 0.7 million tonnes of lead reserves, and 1.5 million tonnes of zinc reserves at December 31, 2025. Brownfield exploration and development for new reserves is ongoing.

Pueblo Viejo, Dominican Republic. (40% owned) Pueblo Viejo is a joint venture with Barrick, where Barrick is the operator who holds the remaining 60% interest. We report our interest in Pueblo Viejo on an equity method basis. The Pueblo Viejo mine is located approximately 60 miles (100 kilometers) northwest of Santo Domingo, Dominican Republic. The Pueblo Viejo mine is situated on the Montenegro Fiscal Reserve, an area specially designated by Presidential Decree for the leasing of minerals and mine development, which covers an area of approximately 19,756 acres (7,995 hectares) in aggregate. The Pueblo Viejo mine is an open pit conventional truck and shovel mining operation with deposits located in two major areas, the Monte Negro pit and the Moore pit, and consists of high sulfidation or acid sulfate epithermal gold, silver, copper and zinc mineralization. Process facilities include a

conventional mill which consists of a crushing and grinding circuit, autoclaves, and a carbon-in-leach circuit. The plant expansion project added a new crusher, SAG mill, carbon-in-leach circuit and a flotation circuit. The tailings storage facility continues to advance. The plant expansion and tailings storage facility are designed to extend its life to 2040 and beyond. The available mining fleet consists of three shovels, five front loaders, 46 haul trucks, each with an average payload of 185 tonnes, and seven drills. The Company's attributable portion of Pueblo Viejo’s gross property, plant and mine development is $3,127 at December 31, 2025. We report our 40% interest in Pueblo Viejo on an equity method basis under U.S. GAAP and as a result our attributable portion of Pueblo Viejo's gross property, plant and mine development is included in the carrying value of our equity method investment at December 31, 2025. As of December 31, 2025, Pueblo Viejo reported 8.2 million ounces of attributable gold reserves and 49 million ounces of attributable silver reserves.

Red Chris, Canada. (70% owned) Red Chris is 70% owned by Newcrest Red Chris Mining Limited, a Newmont subsidiary, and 30% owned by Red Chris Development Company Ltd., an Imperial Metals subsidiary, and is accounted for under proportionate consolidation. Red Chris is located in northwest British Columbia, Canada, approximately 11 miles (18 kilometers) southeast of the Iskut village, 50 miles (80 kilometers) south of Dease Lake, and 7 miles (12 kilometers) east of the Stewart-Cassiar Highway 37. The Red Chris operation is comprised of five mining leases which cover 12,703 acres (5,141 hectares) and 199 mineral claims, encompassing an area of approximately 164,903 acres (66,734 hectares). The mining leases expire in 2042. Red Chris is a copper-gold open pit mining operation. Newmont is conducting a feasibility study on a potential underground block cave mine, and has commenced an exploration decline. Gold and copper porphyry-style mineralization consists of vein, disseminated and breccia sulfides. The main sulfide mineral assemblage is pyrite-chalcopyrite-bornite. Ore from the mine is fed to a primary crusher with crushed ore conveyed to a coarse ore stockpile. From there ore is reclaimed and fed to a conventional SAG mill–ball mill–pebble crushing comminution circuit which in turn feeds a flotation circuit. Flotation concentrate is dewatered and loaded into trucks for transportation off-site. The processing facilities are housed in a single process building. Additional to crushing and processing are waste rock storage facilities, a tailings storage facility, water treatment facilities, and waste treatment facilities. The available fleet consists of three face shovels, five drills, 22 trucks (dump and water trucks), three graders, one PC2000 excavator, five-non-production excavators, two mini excavators, ten loaders, and nine dozers. Red Chris’s gross property, plant and mine development at December 31, 2025 was $2,127. Red Chris reported 3.6 million ounces of gold reserves and 0.9 million tonnes of copper reserves at December 31, 2025.

Brucejack, Canada. (100% owned) Brucejack is located in western British Columbia, approximately 40 miles (65 kilometers) north of Stewart and 28 miles (45 kilometers) southwest of the Stewart-Cassiar Highway 37. The Brucejack operation comprises four mining leases and six core mineral claims which cover 8,169 acres (3,306 hectares) and 337 mineral claims covering 298,795 acres (120,918 hectares). The mining leases expire in 2045. Brucejack is an underground operation and is a deformed, porphyry-related transitional to intermediate sulphidation epithermal high-grade gold-silver deposit. Gold is hosted in quartz-calcite vein stockworks, sheeted veins and veinlets and can also be associated with arsenian pyrite. Process facilities include a mill building containing process equipment, including a rock bin, SAG mill-ball mill circuit followed by conventional flotation, concentrate dewatering, concentrate load-out and tailings dewater operations, a water treatment plant, a paste backfill plant, and a metallurgical laboratory. The mining fleet includes a fleet of load-haul-dump vehicles, trucks for material loading and transport to surface, bolters, jumbo drills, shotcrete sprayers, long-hole drills, and cable bolters. Brucejack’s gross property, plant and mine development at December 31, 2025 was $2,202. Brucejack reported 2.9 million ounces of gold reserves at December 31, 2025.

NGM, Nevada, U.S. (38.5% owned) NGM is located in Elko, Nevada. On July 1, 2019, Newmont and Barrick consummated the Nevada JV Agreement, which combined the Company’s Nevada mining operations with Barrick’s Nevada mining operations resulting in the establishment of NGM, a joint venture with Barrick, who is the operator, and which is accounted for by the Company under proportionate consolidation. NGM operations are primarily accessible by paved road and are comprised of 180,921 acres (73,217 hectares) in aggregate including Cortez 53,999 acres (21,853 hectares), Carlin 58,255 acres (23,575 hectares), Turquoise Ridge 26,679 acres (10,797 hectares), Phoenix 17,900 acres (7,244 hectares), and Long Canyon 24,088 acres (9,748 hectares).

All sites at NGM contain open pit operations while Cortez, Carlin, and Turquoise Ridge also include underground operations. At Cortez, mineralization is sedimentary rock-hosted and consists of submicron to micrometer-sized gold particles and gold in solid solution in pyrite. Refractory ore is transported to Carlin for processing. Phoenix is a skarn-hosted polymetallic massive sulfide replacement deposit. The Phoenix mill produces a gravity gold concentrate and a copper/gold flotation concentrate and recovers additional gold from cyanide leaching of the flotation tails. Carlin and Turquoise Ridge are a sediment-hosted disseminated gold deposit.

In Nevada, mining taxes are assessed on up to 5% of net proceeds of a mine. During 2021, the Nevada legislature enacted a new excise tax which is assessed up to 1.1% of gross revenues.

NGM owns, or controls through leases, fee ownership, and unpatented mining claims, all of the minerals and surface area within the boundaries of the present Nevada mining operations. The long-term leases extend for at least the anticipated mine life of those deposits. With respect to a significant portion of the Gold Quarry mine at Carlin, NGM pays a net smelter royalty equivalent to 16.2% of the mineral production. NGM wholly-owns or controls the remainder of the Gold Quarry mineral rights, in some cases subject to additional royalties. With respect to certain smaller deposits in Nevada, NGM is obligated to pay royalties on production to third parties that vary from 1% to 8% of production.

Each site has its own process facilities which include: an oxide mill, which consists of a crushing and grinding circuit and carbon-in-leach circuit, and two heap leach pads at Cortez; an autoclave, two roasters, an oxide mill/flotation circuit and three heap leach pads at Carlin; the Sage autoclave, an oxide mill, and three heap leach pads at Turquoise Ridge; a flotation mill, a carbon-in-leach plant, a copper leach pad and a solvent extraction electrowinning plant at Phoenix. NGM has a current capacity across all sites to mine approximately 244,000 tonnes of material per day. The milling facilities were commissioned over a range of years beginning in the 1990’s. They undergo routine maintenance each year with process improvements implemented as the projects are identified and approved. Power is either purchased in the open market or supplied by the power plants owned and operated by NGM.

The NGM operations include, in aggregate, an open pit mining fleet consisting of 24 shovels and 154 haul trucks with an average payload of 298 tonnes, and an underground mining fleet consisting of 72 underground loaders and 88 haul trucks, with an average payload of 40 tonnes. Newmont’s share of NGM’s gross property, plant and mine development at December 31, 2025 was $9,273.

As of December 31, 2025 and 2024, NGM reported 17.4 million and 17.9 million attributable ounces of gold reserves, respectively, 0.1 million and 0.1 million tonnes of copper reserves, respectively, and 14.6 million and 14.5 million ounces of silver reserves, respectively. The gold, copper, and silver reserves remained consistent in 2025 compared to 2024.

As of December 31, 2025 and 2024, NGM reported 15.9 million and 15.2 million attributable ounces of gold resources, respectively, 0.2 million and 0.2 million attributable tonnes of copper resources, respectively, and 22.1 million and 19.2 million attributable ounces of silver resources, respectively. This represents an increase of approximately 15% in silver resources, while gold and copper resources remained consistent in 2025 compared to 2024.

Brownfield exploration and development for new reserves is ongoing.

Development and Exploration Properties

Newmont’s development and exploration stage properties are set forth below for which we have declared reserves and/or resources. As these are in the development and exploration stages, the properties have not reached commercial production and do not have processing plants or other available facilities.

Property			Stage			Size and Location			Ownership Type and Operator						Mine Types and Mineralization Styles			Titles, Mineral Rights, Leases or Options
Wafi-Golpu (50% owned)			Development			31,862 acres (12,894 hectares); located approximately 40 miles from the city of Lae, Papua New Guinea.			Joint venture with Harmony Gold Mining Company Limited that is jointly operated and proportionately consolidated.						Contains three separate but genetically related deposits: (1) Nambonga, a mineralized copper-gold quartz vein array; (2) Wafi, a high sulphidation epithermal gold deposit; and (3) Golpu, a mineralized multiphase porphyry style copper-gold deposit.			Consists of two exploration licenses. The State of PNG retains the right to purchase, at a pro rata share of accumulated exploration expenditure, up to 30% equity interest in any mineral discovery at Wafi-Golpu, at any time before the commencement of mining.
NuevaUnión (50% owned)			Development			414,262 acres (167,646 hectares); located in the Atacama Region of Chile.			Joint venture with Teck Resources Limited that is jointly operated and accounted for as an equity method investment.						Open pit mine and is a porphyry copper gold deposit.			Consists of 546 exploitation licenses and 630 exploration licenses.
Norte Abierto (50% owned)			Development			326,785 acres (132,245 hectares); located in the Atacama Region of Chile.			Joint venture with Barrick that is jointly operated and accounted for as an equity method investment.						Open pit mine and is a porphyry copper gold deposit with minor epithermal gold deposits.			Consists of 504 exploitation licenses, 174 exploration licenses, and 26 water rights.
Conga Project (100% owned)			Exploration			35,427 acres (14,337 hectares); located within the Cajamarca Region of Northern Peru.			Operated by Newmont.						Consists of a cluster of porphyry gold-copper deposits, including the Chailhuagón and Perol open pits.			Consists of one mining concession, included within the Yanacocha production property, and 278 surface rights (5,900 hectares).
La Bikina (1) (50% owned)			Exploration			3,946 acres (1,597 hectares); located 35 miles northwest of Caborca, Sonora, Mexico, within the Peñasquito production property.			Joint venture with Minera Frisco; operated by Newmont.						Intermediate sulfidation/skarn deposit.			Consists of 32 mining concessions included within the Peñasquito production property.
Galore Creek (50% owned)			Exploration			455,502 acres (184,335 hectares); located 230 miles northwest of Smithers in British Columbia, Canada.			Joint venture with Teck Resources Limited that is jointly operated and proportionately consolidated.						Open pit mine and is an alkali porphyry copper gold deposit.			Consists of 390 mineral claims.

____________________________

(1)Formerly Noche Buena.

Operating Statistics

The following tables detail operating statistics related to gold production, ounces sold, and production costs per ounce of our continuing operations:

			Mining and Production Detail (1)
Year Ended December 31, 2025			Tonnes Mined												Tonnes Processed												Average Ore Grade (2)												Average Mill Recovery Rate						Ounces Produced																		Ounces Sold
Open Pit						Underground						Mill						Leach						Mill						Leach									Mill						Leach						Consolidated						Consolidated
Lihir			30,984						—						10,072						—						2.344						—						77.1%						585						—						585						582
Cadia			—						29,581						29,520						—						0.524						—						79.0%						385						—						385						384
Tanami			—						2,334						2,393						—						5.189						—						97.9%						391						—						391						385
Boddington			79,235						—						36,532						—						0.572						—						85.0%						565						—						565						550
Ahafo South			25,631						2,485						9,663						—						2.291						—						93.6%						664						—						664						672
Ahafo North (3)			4,595						—						621						—						2.602						—						93.0%						70						—						70						58
Merian (4)			45,920						—						12,815						—						0.644						—						92.0%						237						—						237						238
Cerro Negro			—						789						790						—						8.287						—						95.5%						202						—						202						196
Yanacocha			32,340						—						—						25,935						—						0.844						—%						—						515						515						517
Peñasquito			137,086						—						34,902						—						0.643						—						64.2%						415						—						415						422
Red Chris			19,097						—						6,076						—						0.534						—						62.0%						62						—						62						61
Brucejack			—						1,212						1,226						—						6.388						—						96.8%						231						—						231						235
NGM			85,185						2,731						10,751						5,441						3.431						0.158						82.7%						971						28						999						1,006
Divested (5)
CC&V			5,839						—						—						2,813						—						0.427						—%						—						28						28						27
Musselwhite			—						174						175						—						6.618						—						96.0%						33						—						33						32
Porcupine			296						250						519						—						3.516						—						92.5%						55						—						55						60
Éléonore			—						290						291						—						5.640						—						92.8%						50						—						50						49
Akyem			7,013						—						2,073						—						0.708						—						90.8%						43						—						43						45
Total Gold (6)			473,221						39,846						158,419						34,189						1.183						0.700						83.5%						4,959						571						5,530						5,519

____________________________

(1)All amounts are reported in thousands unless otherwise noted.

(2)Average ore grade reported in grams/tonne.

(3)Ounces produced includes 21 development ounces.

(4)Merian produced 178 attributable ounces, which reflects our 75% ownership interest. Total attributable ounces were 5,471 ounces.

(5)Refer to Note 3 to the Consolidated Financial Statements for information on the Company's divestitures.

(6)Total gold consolidated ounces produced excludes 253 attributable ounces related to Pueblo Viejo, which is 40% owned by Newmont, managed by Barrick, and accounted for as an equity method investment.

			Production Costs per Ounce Sold (1)(2)
Year Ended December 31, 2025			Direct Mining and Production Costs						By-Product Credits						Royalties and Production Taxes						Write-Downs and Inventory Change						Costs Applicable to Sales (3)						Depreciation and Amortization						Reclamation and Remediation						Total Production Costs (4)						All-In Sustaining Costs per Ounce Sold (1)(2)
Lihir			$	1,662					$	(2)					$	85					$	(448)					$	1,297					$	322					$	23					$	1,642					$	1,607
Cadia			$	877					$	(136)					$	123					$	(19)					$	845					$	324					$	7					$	1,176					$	1,253
Tanami			$	1,023					$	(3)					$	90					$	4					$	1,114					$	323					$	8					$	1,445					$	1,716
Boddington			$	1,242					$	(39)					$	90					$	(49)					$	1,244					$	233					$	24					$	1,501					$	1,514
Ahafo South			$	838					$	(2)					$	403					$	(12)					$	1,227					$	276					$	11					$	1,514					$	1,494
Ahafo North			$	579					$	(1)					$	210					$	(256)					$	532					$	168					$	1					$	701					$	696
Merian			$	1,369					$	(1)					$	209					$	(15)					$	1,562					$	317					$	20					$	1,899					$	1,921
Cerro Negro			$	1,665					$	(219)					$	180					$	(32)					$	1,594					$	633					$	29					$	2,256					$	2,220
Yanacocha			$	776					$	(28)					$	106					$	(59)					$	795					$	218					$	15					$	1,028					$	964
Peñasquito			$	916					$	(29)					$	73					$	(38)					$	922					$	382					$	17					$	1,321					$	1,120
Red Chris			$	1,366					$	(36)					$	53					$	(25)					$	1,358					$	399					$	40					$	1,797					$	1,750
Brucejack			$	1,570					$	(74)					$	46					$	(77)					$	1,465					$	775					$	22					$	2,262					$	2,020
NGM			$	1,328					$	(76)					$	106					$	(24)					$	1,334					$	475					$	11					$	1,820					$	1,629
Divested (5)
CC&V			$	1,366					$	(26)					$	190					$	(133)					$	1,397					$	62					$	91					$	1,550					$	1,684
Musselwhite			$	1,095					$	(3)					$	91					$	(143)					$	1,040					$	—					$	19					$	1,059					$	1,531
Porcupine			$	1,358					$	(5)					$	52					$	(105)					$	1,300					$	19					$	48					$	1,367					$	1,810
Éléonore			$	1,031					$	(2)					$	64					$	11					$	1,104					$	—					$	13					$	1,117					$	1,403
Akyem			$	1,611					$	(11)					$	275					$	483					$	2,358					$	62					$	101					$	2,521					$	2,664
Total Gold			$	1,175					$	(44)					$	142					$	(74)					$	1,199					$	362					$	17					$	1,578					$	1,609

____________________________

(1)Production costs and All-in sustaining costs are not comparable due to differences in the items included in each of the measures. All-in sustaining costs is a non-GAAP financial measure. Refer to Non-GAAP Financial Measures within Part II, Item 7, MD&A.

(2)Per ounce measures may not recalculate due to rounding.

(3)Costs applicable to sales per ounce is calculated as the sum of Direct mining and production costs, By-product credits, Royalties and production taxes, and Write-downs and inventory change.

(4)Total production costs is calculated as the sum of Costs applicable to sales, Depreciation and amortization, and Reclamation and remediation.

(5)Refer to Note 3 to the Consolidated Financial Statements for information on the Company's divestitures.

			Mining and Production Detail (1)
Year Ended December 31, 2024			Tonnes Mined												Tonnes Processed												Average Ore Grade (2)												Average Mill Recovery Rate						Ounces Produced																		Ounces Sold
Open Pit						Underground						Mill						Leach						Mill						Leach									Mill						Leach						Consolidated						Consolidated
Lihir			34,515						—						10,885						—						2.334						—						74.8%						614						—						614						620
Cadia			—						30,742						29,824						—						0.626						—						79.6%						464						—						464						454
Tanami			—						2,416						2,359						—						5.442						—						98.5%						408						—						408						411
Boddington			68,208						—						34,936						—						0.623						—						85.2%						590						—						590						581
Ahafo South			26,252						2,524						9,470						—						2.807						—						94.1%						798						—						798						798
Merian (3)			50,433						—						14,141						—						0.646						—						92.9%						274						—						274						274
Cerro Negro			—						837						836						—						9.379						—						94.2%						238						—						238						236
Yanacocha			54,836						—						—						23,265						—						0.396						—%						—						354						354						352
Peñasquito			138,280						—						32,896						—						0.539						—						59.9%						299						—						299						290
Red Chris			19,591						—						6,293						—						0.367						—						56.3%						40						—						40						39
Brucejack			—						1,083						1,073						—						7.811						—						96.8%						258						—						258						249
NGM			82,300						2,642						11,140						3,859						3.296						0.205						82.3%						974						65						1,039						1,036
Held for sale (4)
CC&V			36,240						—						—						21,029						—						0.443						—%						—						146						146						144
Musselwhite			—						1,033						1,029						—						6.630						—						96.4%						212						—						212						215
Porcupine			1,423						902						2,938						—						3.224						—						92.9%						284						—						284						282
Éléonore			—						1,808						1,807						—						4.521						—						91.4%						240						—						240						243
Akyem			24,210						—						8,287						—						0.857						—						89.0%						204						—						204						212
Divested (4)
Telfer			25,568						639						3,665						—						0.770						—						89.9%						73						10						83						103
Total Gold (5)			561,856						44,626						171,579						48,153						1.292						0.401						84.7%						5,970						575						6,545						6,539

____________________________

(1)All amounts are reported in thousands unless otherwise noted.

(2)Average ore grade reported in grams/tonne.

(3)Merian produced 205 attributable ounces, which reflects our 75% ownership interest. Total attributable ounces were 6,476 ounces.

(4)Refer to Note 3 to the Consolidated Financial Statements for information on the Company's divestitures.

(5)Total gold consolidated ounces produced excludes 235 attributable ounces related to Pueblo Viejo, which is 40% owned by Newmont, managed by Barrick, and accounted for as an equity method investment.

			Production Costs per Ounce Sold (1)(2)
Year Ended December 31, 2024			Direct Mining and Production Costs						By-Product Credits						Royalties and Production Taxes						Write-Downs and Inventory Change						Costs Applicable to Sales (3)						Depreciation and Amortization						Reclamation and Remediation						Total Production Costs (4)						All-In Sustaining Costs per Ounce Sold (1)(2)
Lihir			$	1,575					$	(1)					$	59					$	(363)					$	1,270					$	270					$	19					$	1,559					$	1,512
Cadia			$	681					$	(103)					$	82					$	(7)					$	653					$	263					$	5					$	921					$	1,048
Tanami			$	900					$	(2)					$	60					$	(11)					$	947					$	300					$	5					$	1,252					$	1,281
Boddington			$	1,057					$	(24)					$	62					$	(39)					$	1,056					$	193					$	16					$	1,265					$	1,288
Ahafo South			$	644					$	(2)					$	199					$	63					$	904					$	270					$	9					$	1,183					$	1,072
Merian			$	1,300					$	(1)					$	144					$	14					$	1,457					$	305					$	16					$	1,778					$	1,852
Cerro Negro			$	1,359					$	(120)					$	121					$	(35)					$	1,325					$	521					$	19					$	1,865					$	1,631
Yanacocha			$	968					$	(19)					$	72					$	(18)					$	1,003					$	279					$	21					$	1,303					$	1,196
Peñasquito			$	755					$	(5)					$	40					$	(14)					$	776					$	355					$	14					$	1,145					$	984
Red Chris			$	1,257					$	(11)					$	35					$	(56)					$	1,225					$	367					$	43					$	1,635					$	1,607
Brucejack			$	1,317					$	(36)					$	32					$	(59)					$	1,254					$	691					$	19					$	1,964					$	1,603
NGM			$	1,208					$	(60)					$	74					$	(3)					$	1,219					$	413					$	12					$	1,644					$	1,605
Held for sale (5)
CC&V			$	1,568					$	(13)					$	135					$	(300)					$	1,390					$	90					$	76					$	1,556					$	1,691
Musselwhite			$	953					$	(3)					$	75					$	20					$	1,045					$	86					$	16					$	1,147					$	1,541
Porcupine			$	998					$	(6)					$	43					$	62					$	1,097					$	127					$	33					$	1,257					$	1,437
Éléonore			$	1,271					$	(2)					$	54					$	16					$	1,339					$	88					$	15					$	1,442					$	1,811
Akyem			$	1,105					$	(7)					$	297					$	201					$	1,596					$	271					$	65					$	1,932					$	1,816
Divested (5)
Telfer			$	3,443					$	(9)					$	63					$	(1,120)					$	2,377					$	142					$	110					$	2,629					$	2,993
Total Gold			$	1,110					$	(27)					$	94					$	(51)					$	1,126					$	304					$	19					$	1,449					$	1,516

____________________________

(1)Production Costs and All-in sustaining costs are not comparable due to differences in the items included in each of the measures. All-in sustaining costs is a non-GAAP financial measure. Refer to Non-GAAP Financial Measures within Part II, Item 7, MD&A.

(2)Per ounce measures may not recalculate due to rounding.

(3)Costs applicable to sales per ounce is calculated as the sum of Direct mining and production costs, By-product credits, Royalties and production taxes, and Write-downs and inventory change.

(4)Total production costs is calculated as the sum of Costs applicable to sales, Depreciation and amortization, and Reclamation and remediation.

(5)Refer to Note 3 to the Consolidated Financial Statements for information on the Company's divestitures.

			Mining and Production Detail (1)
Year Ended December 31, 2023			Tonnes Mined												Tonnes Processed												Average Ore Grade (2)												Average Mill Recovery Rate						Ounces Produced																		Ounces Sold
Open Pit						Underground						Mill						Leach						Mill						Leach									Mill						Leach						Consolidated						Consolidated
Lihir (3)			6,395						—						2,061						—						2.567						—						76.5%						134						—						134						131
Cadia (3)			—						4,366						5,229						—						0.722						—						81.5%						97						—						97						120
Tanami			—						2,314						2,369						—						6.012						—						98.3%						448						—						448						444
Boddington			61,543						—						36,467						—						0.754						—						85.4%						745						—						745						749
Telfer (3)			6,435						206						2,807						—						0.649						—						73.2%						43						—						43						67
Ahafo South			26,851						2,344						7,976						—						2.399						—						93.9%						581						—						581						578
Akyem			24,494						—						7,646						—						1.317						—						89.5%						295						—						295						296
Merian (4)			41,031						—						14,403						—						0.758						—						91.3%						322						—						322						319
Cerro Negro			—						1,076						1,084						—						8.314						—						92.8%						269						—						269						261
Porcupine			6,972						859						2,911						—						3.015						—						91.4%						260						—						260						258
Éléonore			—						1,656						1,661						—						4.785						—						91.0%						232						—						232						233
Yanacocha			62,173						—						—						19,682						—						0.494						—%						—						276						276						275
Musselwhite			—						1,027						1,028						—						5.701						—						95.7%						180						—						180						181
Peñasquito			96,099						—						20,850						—						0.429						—						57.0%						143						—						143						130
CC&V			38,555						—						—						25,566						—						0.452						—%						—						172						172						171
Red Chris (3)			3,769						—						1,139						—						0.276						—						54.2%						5						—						5						4
Brucejack (3)			—						167						166						—						5.685						—						96.0%						29						—						29						36
NGM			100,728						2,490						11,426						10,853						3.487						0.398						82.5%						1,057						113						1,170						1,167
Total Gold (5)			475,045						16,505						119,223						56,101						1.463						0.456						86.7%						4,840						561						5,401						5,420

____________________________

(1)All amounts are reported in thousands unless otherwise noted.

(2)Average ore grade reported in grams/tonne.

(3)Sites acquired through the Newcrest transaction in 2023. Refer to Note 3 to the Consolidated Financial Statements for further information.

(4)Merian produced 242 attributable ounces, which reflects our 75% ownership interest. Total attributable ounces were 5,321 ounces.

(5)Total gold consolidated ounces produced excludes 224 attributable ounces related to Pueblo Viejo, which is 40% owned by Newmont, managed by Barrick, and accounted for as an equity method investment.

			Production Costs per Ounce Sold (1)(2)
Year Ended December 31, 2023			Direct Mining and Production Costs						By-Product Credits						Royalties and Production Taxes						Write-Downs and Inventory Change						Costs Applicable to Sales (3)						Depreciation and Amortization						Reclamation and Remediation						Total Production Costs (4)						All-In Sustaining Costs per Ounce Sold (1)(2)
Lihir (5)			$	1,235					$	(2)					$	50					$	(166)					$	1,117					$	153					$	—					$	1,270					$	1,517
Cadia (5)			$	477					$	(59)					$	51					$	610					$	1,079					$	130					$	1					$	1,210					$	1,271
Tanami			$	704					$	(2)					$	51					$	6					$	759					$	249					$	4					$	1,012					$	1,060
Boddington			$	822					$	(17)					$	49					$	(7)					$	847					$	144					$	12					$	1,003					$	1,067
Telfer (5)			$	1,360					$	(9)					$	60					$	471					$	1,882					$	87					$	—					$	1,969					$	1,988
Ahafo South			$	820					$	(1)					$	141					$	(13)					$	947					$	312					$	11					$	1,270					$	1,222
Akyem			$	826					$	(6)					$	115					$	(4)					$	931					$	413					$	40					$	1,384					$	1,210
Merian			$	1,080					$	(1)					$	117					$	11					$	1,207					$	256					$	9					$	1,472					$	1,541
Cerro Negro			$	1,261					$	(102)					$	93					$	5					$	1,257					$	524					$	14					$	1,795					$	1,509
Porcupine			$	1,214					$	(4)					$	25					$	(68)					$	1,167					$	455					$	33					$	1,655					$	1,577
Éléonore			$	1,230					$	(2)					$	44					$	(9)					$	1,263					$	433					$	13					$	1,709					$	1,838
Yanacocha			$	1,122					$	(16)					$	59					$	(96)					$	1,069					$	310					$	20					$	1,399					$	1,266
Musselwhite			$	1,152					$	(2)					$	48					$	(12)					$	1,186					$	444					$	17					$	1,647					$	1,843
Peñasquito			$	1,296					$	(6)					$	33					$	(104)					$	1,219					$	516					$	28					$	1,763					$	1,590
CC&V			$	1,327					$	(7)					$	121					$	(285)					$	1,156					$	136					$	59					$	1,351					$	1,644
Red Chris (5)			$	1,825					$	(1)					$	27					$	(946)					$	905					$	298					$	15					$	1,218					$	1,439
Brucejack (5)			$	1,484					$	(41)					$	30					$	425					$	1,898					$	617					$	—					$	2,515					$	2,646
NGM			$	1,037					$	(55)					$	68					$	20					$	1,070					$	387					$	9					$	1,466					$	1,397
Total Gold			$	999					$	(23)					$	74					$	—					$	1,050					$	327					$	15					$	1,392					$	1,444

____________________________

(1)Production costs and All-in sustaining costs are not comparable due to differences in the items included in each of the measures. All-in sustaining costs is a non-GAAP financial measure. Refer to Non-GAAP Financial Measures within Part II, Item 7, MD&A.

(2)Per ounce measures may not recalculate due to rounding.

(3)Costs applicable to sales per ounce is calculated as the sum of Direct mining and production costs, By-product credits, Royalties and production taxes, and Write-downs and inventory change.

(4)Total production costs is calculated as the sum of Costs applicable to sales, Depreciation and amortization, and Reclamation and remediation.

(5)Sites acquired through the Newcrest transaction in 2023. Refer to Note 3 to the Consolidated Financial Statements for further information.

The following tables detail operating statistics related to co-product metal production and sales:

Year Ended December 31, 2025			Tonnes Milled (thousands)						Average Milled Grade (1)						Average Mill Recovery Rate						Consolidated Pounds/Ounces Produced (millions)						Consolidated Pounds/Ounces Sold (millions)
Copper (pounds)
Cadia			29,520						0.34%						84.3%						180						180
Boddington			36,532						0.09%						81.0%						53						53
Red Chris			6,076						0.58%						83.3%						63						61
Total Copper			72,128						0.23%						83.5%						296						294
Silver (ounces) (2)			34,901						34.10						81.2%						28						28
Lead (pounds) (2)			34,901						0.38%						77.5%						216						209
Zinc (pounds) (2)			34,901						0.96%						82.7%						509						542

Year Ended December 31, 2024			Tonnes Milled (thousands)						Average Milled Grade (1)						Average Mill Recovery Rate						Consolidated Pounds/Ounces Produced (millions)						Consolidated Pounds/Ounces Sold (millions)
Copper (pounds)
Cadia			29,824						0.36%						84.5%						191						186
Boddington			34,936						0.14%						83.1%						83						83
Telfer (3)			3,665						0.11%						73.8%						6						6
Red Chris			6,293						0.52%						83.4%						58						57
Total Copper			74,718						0.26%						83.7%						338						332
Silver (ounces) (2)			32,896						42.61						81.3%						33						33
Lead (pounds) (2)			32,896						0.41%						75.9%						212						213
Zinc (pounds) (2)			32,896						1.13%						83.0%						569						545

Year Ended December 31, 2023			Tonnes Milled (thousands)						Average Milled Grade (1)						Average Mill Recovery Rate						Consolidated Pounds/Ounces Produced (millions)						Consolidated Pounds/Ounces Sold (millions)
Copper (pounds)
Cadia (4)			5,229						0.38%						85.3%						36						45
Boddington			36,467						0.16%						84.2%						98						98
Telfer (4)			2,807						0.08%						59.3%						3						5
Red Chris (4)			1,139						0.40%						81.2%						8						7
Total Copper			45,642						0.18%						83.6%						145						155
Silver (ounces) (2)			20,850						36.65						79.1%						18						17
Lead (pounds) (2)			20,850						0.37%						69.3%						113						107
Zinc (pounds) (2)			20,850						0.78%						78.5%						230						222

____________________________

(1)Average milled grade is calculated as the percentage of the respective metal contained in the total tonnes that were milled, with the exception of silver, which is reported in grams/tonne.

(2)All of our silver, lead, and zinc co-product production came from Peñasquito.

(3)In the fourth quarter of 2024, the Company completed the sale of the assets of the Telfer reportable segment. Refer to Note 3 to the Consolidated Financial Statements for further information.

(4)Sites acquired through the Newcrest transaction in 2023. Refer to Note 3 to the Consolidated Financial Statements for further information.

The following tables detail operating statistics related to co-product metal production costs per gold equivalent ounce (“GEO”) sold. Gold equivalent ounces are calculated as pounds or ounces produced multiplied by the ratio of the other metals’ price to the gold price, using the metal prices as provided in Results of Consolidated Operations within Part II, Item 7 below.

Year Ended December 31, 2025			Cadia						Boddington						Peñasquito						Red Chris						Total / Weighted-Average
Consolidated GEO sold (thousands)			370						109						820						126						1,425
Production costs per GEO sold: (1)(2)
Costs applicable to sales			$	812					$	1,165					$	1,066					$	1,341					$	1,032
Depreciation and amortization			326						223						402						399						368
Reclamation and remediation			7						23						18						40						17
Total production costs per GEO sold			$	1,145					$	1,411					$	1,486					$	1,780					$	1,417
All-in sustaining costs per GEO sold (1)(2)			$	1,230					$	1,397					$	1,318					$	1,692					$	1,392

Year Ended December 31, 2024			Cadia						Boddington						Peñasquito						Red Chris						Telfer (3)						Total / Weighted-Average
Consolidated GEO sold (thousands)			465						205						1,088						142						16						1,916
Production costs per GEO sold: (1)(2)
Costs applicable to sales			$	603					$	994					$	831					$	1,209					$	2,398					$	834
Depreciation and amortization			263						189						343						366						161						307
Reclamation and remediation			5						16						15						37						106						15
Total production costs per GEO sold			$	871					$	1,199					$	1,189					$	1,612					$	2,665					$	1,156
All-in sustaining costs per GEO sold (1)(2)			$	987					$	1,172					$	1,090					$	1,640					$	2,885					$	1,161

Year Ended December 31, 2023			Cadia (3)						Boddington						Peñasquito						Red Chris (3)						Telfer (3)						Total / Weighted-Average
Consolidated GEO sold (thousands)			114						246						507						16						13						896
Production costs per GEO sold: (1)(2)
Costs applicable to sales			$	1,017					$	830					$	1,283					$	1,020					$	1,703					$	1,127
Depreciation and amortization			127						144						561						181						109						378
Reclamation and remediation			—						12						28						—						6						19
Total production costs per GEO sold			$	1,144					$	986					$	1,872					$	1,201					$	1,818					$	1,524
All-in sustaining costs per GEO sold (1)(2)			$	1,342					$	1,067					$	1,756					$	1,660					$	2,580					$	1,579

____________________________

(1)Production costs and All-in sustaining costs are not comparable due to differences in the items included in each of the measures. All-in sustaining costs is a non-GAAP financial measure. Refer to Non-GAAP Financial Measures within Part II, Item 7, MD&A. All-in sustaining costs per GEO are non-GAAP financial measures. Refer to Non-GAAP Financial Measures within Part II, Item 7, MD&A.

(2)Per GEO measures may not recalculate due to rounding.

(3)Sites acquired through the Newcrest transaction in 2023. In the fourth quarter of 2024, the Company completed the sale of the assets of the Telfer reportable segment. Refer to Note 3 to the Consolidated Financial Statements for further information.

Proven and Probable Reserves

All of our reserves are located on land (i) we own or control, or (ii) that is owned or controlled by business entities established with our joint venture partners, in which the Company owns its pro-rata share of the capital stock, membership units, or interests. The risks that could affect title to our property are included above in Item 1A, Risk Factors.

A “mineral reserve” is an estimate of tonnage and grade or quality of measured and indicated mineral resources that, in the opinion of the qualified person, can be the basis of an economically viable project. More specifically, it is the economically mineable part of a measured or indicated mineral resource, which includes diluting materials and allowances for losses that may occur when the material is mined or extracted. The term “economically viable,” as used in the definition of reserve, means that the qualified person has analytically determined that extraction of the mineral reserve is economically viable under reasonable investment and market assumptions.

The term “proven reserves” means the economically mineable part of a measured mineral resource and can only result from conversion of a measured mineral resource. The term “probable reserves” means reserves for which quantity and grade are computed from information similar to that used for proven reserves, but the sites for sampling are less closely spaced. The degree of assurance, although lower than that for proven reserves, is high enough to assume continuity between points of observation. Proven and probable reserves include gold, copper, silver, lead, zinc or molybdenum attributable to Newmont’s ownership or economic interest.

Proven and probable reserves are based on extensive drilling, sampling, mine modeling and metallurgical testing from which we determined economic feasibility. The reference point for mineral reserves is the point of delivery to the process plant. Metal price assumptions, adjusted for our exchange rate assumption, are based on such factors as market forecasts, industry consensus and management estimates. The price sensitivity of reserves depends upon several factors including grade, metallurgical recovery, operating cost, waste-to-ore ratio and ore type. Metallurgical recovery rates vary depending on the metallurgical properties of each deposit and the production process used. The reserve tables below list the average metallurgical recovery rate for each deposit, which takes into account the relevant processing methods. The cut-off grade, or lowest grade of mineralization considered economic to process, varies between deposits depending upon prevailing economic conditions, mineability of the deposit, by-products, amenability of the ore to gold, copper, silver, lead, zinc or molybdenum extraction and type of milling or leaching facilities available. Reserve estimates may have non-material differences in comparison to our joint venture partners due to differences in classification and rounding methodology.

The proven and probable reserve figures presented herein are estimates based on information available at the time of calculation. No assurance can be given that the indicated levels of recovery of gold, copper, silver, lead, zinc and molybdenum will be realized. Ounces of gold or silver or pounds of copper, lead, zinc or molybdenum included in the proven and probable reserves are those contained prior to losses during metallurgical treatment. Reserve estimates may require revision based on actual production. Market fluctuations in the price of gold, copper, silver, lead, zinc and molybdenum, as well as increased production costs or reduced metallurgical recovery rates, could render certain proven and probable reserves containing higher cost reserves uneconomic to exploit and might result in a reduction of reserves.

We had attributable proven and probable gold reserves of 118.2 million ounces at December 31, 2025. For 2025 and 2024, reserves were estimated at a gold price assumption of $2,000 and $1,700 per ounce, respectively, except as noted below. The increase in the reserves gold price assumption is based on the Company's assessment of multiple factors, including historical gold pricing trends, consensus price forecasts, and impacts of inflation. We estimate that our 2025 reserves would increase by 5% (6.4 million ounces), or decline by 2% (2.8 million ounces), if the gold price assumption increased or decreased $100 per ounce, respectively, with all other assumptions remaining constant.

We publish reserves annually, and will recalculate reserves at December 31, 2026, taking into account metal prices, changes, if any, to future production and capital costs, divestments and depletion as well as any acquisitions and additions during 2026.

The Company has internal controls for reviewing and documenting the information supporting the mineral reserve and mineral resource estimates, describing the methods used, and ensuring the validity of the estimates. Information that is utilized to compile mineral reserves and resources is prepared and certified by appropriately qualified persons at the mine site level and is subject to our internal review process which includes review by the Newmont-designated site and the Qualified Person (“QP”) based in our corporate office in Denver, Colorado. Additionally, all material sites are generally audited on a three-year cycle, and non-material sites on a four-year cycle, by subject matter experts for compliance with internal standards, guidelines, and applicable regulatory requirements. Audit timing may be adjusted, as appropriate, based on factors such as site-specific risk assessments, the presence or absence of material changes, or alignment with the timing of significant projects of planned additions. The QP presents the mineral reserve and mineral resource information to the Audit Committee and the Disclosure Committee on an annual basis for further review.

The following tables detail proven and probable reserves reflecting only those reserves attributable to Newmont’s ownership or economic interest at December 31, 2025 and 2024.

Gold Reserves at December 31, 2025 (1)
									Proven Reserves																		Probable Reserves																		Proven and Probable Reserves																		Metallurgical Recovery (3)
Deposits/Districts			Newmont Share						Tonnage (2) (000 tonnes)						Grade (g/tonne)						Ounces (3) (000)						Tonnage (2) (000 tonnes)						Grade (g/tonne)						Ounces (3) (000)						Tonnage (2) (000 tonnes)						Grade (g/tonne)						Ounces (3) (000)
Lihir Open Pits			100%						—						—						—						147,900						2.55						12,100						147,900						2.55						12,100						76%
Lihir Stockpiles (4)			100%						—						—						—						72,300						1.65						3,800						72,300						1.65						3,800						76%
Total Lihir, Papua New Guinea (5)			100%						—						—						—						220,200						2.26						16,000						220,200						2.26						16,000						76%
Wafi-Golpu, Papua New Guinea (6)(7)			50%						—						—						—						194,500						0.82						5,100						194,500						0.82						5,100						68%
Cadia, Australia (8)			100%						—						—						—						1,007,600						0.42						13,500						1,007,600						0.42						13,500						81%
Tanami, Australia			100%						10,100						4.88						1,600						22,700						5.10						3,700						32,800						5.03						5,300						98%
Boddington Open Pit			100%						265,300						0.62						5,300						216,300						0.58						4,100						481,700						0.60						9,300						85%
Boddington Stockpiles (4)			100%						5,600						0.56						100						57,800						0.43						800						63,400						0.44						900						84%
Total Boddington, Australia (9)			100%						271,000						0.61						5,400						274,100						0.55						4,900						545,100						0.58						10,200						85%
Ahafo South Open Pit (10)			100%						2,500						1.16						100						40,900						1.48						1,900						43,400						1.46						2,000						88%
Ahafo South Underground (11)			100%						9,400						2.51						800						10,000						2.23						700						19,400						2.37						1,500						94%
Ahafo South Stockpiles (4)(12)			100%						18,500						0.94						600						—						—						—						18,500						0.94						600						91%
Total Ahafo South, Ghana			100%						30,400						1.44						1,400						50,900						1.63						2,700						81,300						1.56						4,100						91%
Ahafo North, Ghana (13)			100%						—						—						—						65,500						2.23						4,700						65,500						2.23						4,700						89%
Total Ahafo Complex, Ghana			100%						30,400						1.44						1,400						116,500						1.97						7,400						146,900						1.86						8,800						90%
Merian, Suriname			75%						24,800						1.21						1,000						104,600						1.06						3,600						129,400						1.09						4,500						93%
Cerro Negro, Argentina			100%						2,200						11.20						800						6,800						10.38						2,300						9,000						10.58						3,000						94%
Pueblo Viejo Open Pit			40%						35,800						2.22						2,600						51,300						1.95						3,200						87,100						2.06						5,800						81%
Pueblo Viejo Stockpiles (4)			40%						—						—						—						36,900						2.04						2,400						36,900						2.04						2,400						81%
Total Pueblo Viejo, Dominican Republic (7)(14)			40%						35,800						2.22						2,600						88,200						1.99						5,600						123,900						2.06						8,200						81%
NuevaUnión, Chile (7)(15)			50%						—						—						—						341,100						0.47						5,100						341,100						0.47						5,100						66%
Norte Abierto, Chile (7)(16)			50%						—						—						—						521,100						0.65						10,800						521,100						0.65						10,800						86%
Yanacocha, Peru			100%						18,800						0.81						500						—						—						—						18,800						0.81						500						71%
Peñasquito Open Pits			100%						79,500						0.54						1,400						114,800						0.44						1,600						194,300						0.48						3,000						62%
Peñasquito Stockpiles (4)			100%						4,900						0.44						100						21,800						0.21						100						26,700						0.25						200						45%
Total Peñasquito, Mexico			100%						84,400						0.53						1,400						136,600						0.40						1,800						221,000						0.45						3,200						61%
Red Chris, Canada (17)			70%						2,600						0.32						—						178,900						0.63						3,600						181,500						0.62						3,600						69%
Brucejack, Canada			100%						—						—						—						13,500						6.65						2,900						13,500						6.65						2,900						96%
NGM Open Pit (18)			38.5%						—						—						—						131,100						1.02						4,300						131,100						1.02						4,300						75%
NGM Stockpiles (4)(19)			38.5%						6,800						1.29						300						20,800						2.35						1,600						27,600						2.09						1,800						67%
NGM Underground (20)			38.5%						4,200						11.67						1,600						37,900						7.93						9,700						42,100						8.30						11,200						84%
Total NGM, United States (21)			38.5%						10,900						5.24						1,800						189,800						2.54						15,500						200,700						2.69						17,400						80%
Total Gold									490,900						1.04						16,500						3,416,100						0.93						101,800						3,907,000						0.94						118,200						81%

Gold Reserves at December 31, 2024 (1)
									Proven Reserves																		Probable Reserves																		Proven and Probable Reserves																		Metallurgical Recovery (3)
Deposits/Districts			Newmont Share						Tonnage (2) (000 tonnes)						Grade (g/tonne)						Ounces (3) (000)						Tonnage (2) (000 tonnes)						Grade (g/tonne)						Ounces (3) (000)						Tonnage (2) (000 tonnes)						Grade (g/tonne)						Ounces (3) (000)
Lihir Open Pits			100%						—						—						—						125,900						2.86						11,600						125,900						2.86						11,600						77%
Lihir Stockpiles (4)			100%						—						—						—						77,100						1.68						4,200						77,100						1.68						4,200						77%
Total Lihir, Papua New Guinea			100%						—						—						—						203,000						2.41						15,800						203,000						2.41						15,800						77%
Wafi-Golpu, Papua New Guinea (7)			50%						—						—						—						194,500						0.82						5,100						194,500						0.82						5,100						68%
Cadia, Australia			100%						—						—						—						1,051,800						0.42						14,100						1,051,800						0.42						14,100						81%
Tanami, Australia			100%						10,100						5.25						1,700						19,800						5.28						3,400						29,900						5.27						5,100						98%
Boddington Open Pit			100%						276,500						0.64						5,600						219,200						0.61						4,300						495,700						0.62						9,900						84%
Boddington Stockpiles (4)			100%						2,100						0.67						—						61,900						0.42						800						64,100						0.43						900						83%
Total Boddington, Australia			100%						278,600						0.64						5,700						281,200						0.57						5,100						559,800						0.60						10,800						84%
Ahafo South Open Pit			100%						2,400						2.64						200						39,700						1.57						2,000						42,000						1.63						2,200						89%
Ahafo South Underground			100%						6,100						2.97						600						15,200						2.36						1,200						21,300						2.54						1,700						94%
Ahafo South Stockpiles (4)			100%						21,700						0.97						700						—						—						—						21,700						0.97						700						91%
Total Ahafo South, Ghana			100%						30,200						1.51						1,500						54,800						1.79						3,200						85,000						1.69						4,600						91%
Ahafo North, Ghana			100%						—						—						—						62,000						2.32						4,600						62,000						2.32						4,600						91%
Total Ahafo Complex, Ghana			100%						30,200						1.51						1,500						116,800						2.07						7,800						147,000						1.96						9,200						91%
Merian, Suriname			75%						23,400						1.26						900						87,300						1.14						3,200						110,700						1.16						4,100						93%
Cerro Negro, Argentina			100%						2,200						11.84						800						7,100						10.50						2,400						9,300						10.82						3,200						94%
Pueblo Viejo Open Pit			40%						32,200						2.27						2,300						49,500						2.04						3,300						81,700						2.13						5,600						88%
Pueblo Viejo Stockpiles (4)			40%						—						—						—						38,800						2.07						2,600						38,800						2.07						2,600						83%
Total Pueblo Viejo, Dominican Republic (7)(14)			40%						32,200						2.27						2,300						88,300						2.06						5,800						120,500						2.11						8,200						86%
NuevaUnión, Chile (7)(15)			50%						—						—						—						341,100						0.47						5,100						341,100						0.47						5,100						66%
Norte Abierto, Chile (7)(16)			50%						—						—						—						598,800						0.60						11,600						598,800						0.60						11,600						74%
Yanacocha Open Pits			100%						17,700						0.90						500						96,300						0.78						2,500						114,100						0.80						2,900						55%
Yanacocha Underground			100%						—						—						—						12,300						6.06						2,400						12,300						6.06						2,400						97%
Total Yanacocha, Peru			100%						17,800						0.90						500						108,600						1.38						4,800						126,400						1.31						5,300						74%
Peñasquito Open Pits			100%						93,900						0.58						1,700						130,800						0.48						2,000						224,700						0.52						3,800						62%
Peñasquito Stockpiles (4)			100%						4,700						0.60						100						27,300						0.21						200						32,000						0.26						300						37%
Total Peñasquito, Mexico			100%						98,600						0.58						1,800						158,100						0.44						2,200						256,600						0.49						4,100						60%
Red Chris, Canada			70%						—						—						—						186,400						0.62						3,700						186,400						0.62						3,700						69%
Brucejack, Canada			100%						—						—						—						8,600						6.95						1,900						8,600						6.95						1,900						96%
NGM Open Pit			38.5%						—						—						—						124,200						1.16						4,600						124,200						1.16						4,600						77%
NGM Stockpiles (4)			38.5%						16,400						1.86						1,000						12,900						2.36						1,000						29,200						2.08						2,000						69%
NGM Underground			38.5%						4,000						11.28						1,400						39,700						7.73						9,900						43,700						8.06						11,300						89%
Total NGM, United States (21)			38.5%						20,400						3.69						2,400						176,800						2.72						15,500						197,100						2.82						17,900						84%
Held for sale (22)
CC&V Open Pit			100%						87,000						0.43						1,200						28,600						0.44						400						115,600						0.43						1,600						58%
CC&V Leach Pads (23)			100%						—						—						—						34,600						0.73						800						34,600						0.73						800						55%
Total CC&V, United States			100%						87,000						0.43						1,200						63,200						0.60						1,200						150,200						0.50						2,400						57%
Musselwhite, Canada			100%						4,100						6.69						900						3,200						6.10						600						7,400						6.43						1,500						96%
Porcupine Underground			100%						1,600						5.09						300						2,700						7.27						600						4,400						6.46						900						89%
Porcupine Open Pit			100%						300						2.09						—						30,200						1.46						1,500						30,600						1.46						1,500						93%
Total Porcupine, Canada			100%						2,000						4.57						300						33,000						1.94						2,100						34,900						2.09						2,300						92%
Éléonore, Canada			100%						2,200						4.86						300						7,900						5.10						1,300						10,100						5.05						1,600						92%
Akyem Open Pit			100%						12,700						1.52						600						5,500						1.58						300						18,200						1.54						900						90%
Akyem Stockpiles (4)			100%						700						0.72						—						—						—						—						700						0.72						—						90%
Total Akyem, Ghana			100%						13,500						1.48						600						5,500						1.58						300						19,000						1.51						900						90%
Total Gold									622,100						1.06						21,100						3,741,000						0.94						113,000						4,363,000						0.96						134,100						81%

____________________________

(1)At December 31, 2025 and 2024, gold reserves at sites for which Newmont is the operator were estimated at a gold price of $2,000 and $1,700 per ounce, respectively, unless otherwise noted. Reserves provided by other operators may use pricing that differs. Amounts presented may not recalculate in total due to rounding.

(2)Tonnages include allowances for losses resulting from mining methods. Tonnages are rounded to the nearest 100,000.

(3)Ounces are estimates of metal contained in ore tonnages and do not include allowances for processing losses. Metallurgical recovery rates represent the estimated amount of metal to be recovered through metallurgical extraction processes. Ounces may not recalculate as they are rounded to the nearest 100,000.

(4)Stockpiles are comprised primarily of material that has been set aside to allow processing of higher grade material in the mills. Stockpiles increase or decrease depending on current mine plans. Stockpile reserves are reported separately where ounces exceed 100,000 and are greater than 5% of the total site-reported reserves.

(5)Cut-off grade utilized in 2025 reserves not less than 1.00 gram per tonne.

(6)Project is currently undeveloped. Gold reserves at December 31, 2025 were estimated at a gold price of $1,200 per ounce.

(7)Included in the non-operating segment Corporate and Other in Note 4 to the Consolidated Financial Statements.

(8)The net smelter return value utilized in 2025 reserves not less than $24.62 per tonne.

(9)The net smelter return value utilized in 2025 reserves not less than $18.24 per tonne.

(10)Cut-off grade utilized in 2025 reserves not less than 0.49 gram per tonne.

(11)Cut-off grade utilized in 2025 reserves not less than 1.80 gram per tonne.

(12)Cut-off grade utilized in 2025 reserves not less than 0.48 gram per tonne.

(13)Cut-off grade utilized in 2025 reserves not less than 0.60 gram per tonne.

(14)The Pueblo Viejo mine, which is 40% owned by Newmont, is accounted for as an equity method investment. Gold reserves at December 31, 2025 were estimated at a gold price of $1,500 per ounce. Gold reserves at December 31, 2025 and 2024 were provided by Barrick, the operator of Pueblo Viejo.

(15)Project is currently undeveloped. Gold reserves at December 31, 2025 were estimated at a gold price of $1,300 per ounce. Gold reserves at December 31, 2025 and 2024 were provided by the NuevaUnión joint venture.

(16)Project is currently undeveloped. Gold reserves at December 31, 2025 were estimated at a gold price of $1,700 per ounce. Gold reserves at December 31, 2025 and 2024 were provided by the Norte Abierto joint venture.

(17)Gold reserves related to the underground mine at December 31, 2025 were estimated at a gold price of $1,300 per ounce.

(18)Cut-off grade utilized in 2025 reserves not less than 0.15 gram per tonne.

(19)Cut-off grade utilized in 2025 reserves not less than 0.44 gram per tonne.

(20)Cut-off grade utilized in 2025 reserves not less than 3.34 gram per tonne.

(21)Gold reserves at December 31, 2025 were estimated at a gold price of $1,500 per ounce. Gold reserves at December 31, 2025 and 2024 were provided by Barrick, the operator of the NGM joint venture.

(22)Sites were classified as held for sale as of December 31, 2024 and were divested as of December 31, 2025. Refer to Note 3 of the Consolidated Financial Statements for further information on the Company's divestitures.

(23)Leach pad material is the material on leach pads at the end of the year from which gold remains to be recovered. In-process reserves are reported separately where ounces exceed 100,000 and are greater than 5% of the total site-reported reserves.

Copper Reserves at December 31, 2025 (1)
									Proven Reserves																		Probable Reserves																		Proven and Probable Reserves																		Metallurgical Recovery (3)
Deposits/Districts			Newmont Share						Tonnage (2) (000 tonnes)						Grade (Cu %)						Tonnes (3) (000)						Tonnage (2) (000 tonnes)						Grade (Cu %)						Tonnes (3) (000)						Tonnage (2) (000 tonnes)						Grade (Cu %)						Tonnes (3) (000)
Wafi-Golpu, Papua New Guinea (4)(5)			50%						—						—%						—						194,500						1.20%						2,300						194,500						1.20%						2,300						95%
Cadia, Australia (6)			100%						—						—%						—						1,007,600						0.29%						2,900						1,007,600						0.29%						2,900						87%
Boddington, Australia (7)			100%						271,000						0.09%						200						274,100						0.10%						300						545,100						0.09%						500						81%
NuevaUnión, Chile (5)(8)			50%						—						—%						—						1,118,000						0.40%						4,400						1,118,000						0.40%						4,400						88%
Norte Abierto, Chile (5)(9)			50%						—						—%						—						521,100						0.24%						1,200						521,100						0.24%						1,200						79%
Red Chris, Canada (10)			70%						2,600						0.41%						—						178,900						0.52%						900						181,500						0.52%						900						84%
NGM, United States (11)			38.5%						3,700						0.15%						—						76,500						0.18%						100						80,200						0.18%						100						68%
Total Copper									277,300						0.09%						200						3,370,700						0.36%						12,300						3,648,000						0.34%						12,500						87%

Copper Reserves at December 31, 2024 (1)
									Proven Reserves																		Probable Reserves																		Proven and Probable Reserves																		Metallurgical Recovery (3)
Deposits/Districts			Newmont Share						Tonnage (2) (000 tonnes)						Grade (Cu %)						Tonnes (3) (000)						Tonnage (2) (000 tonnes)						Grade (Cu %)						Tonnes (3) (000)						Tonnage (2) (000 tonnes)						Grade (Cu %)						Tonnes (3) (000)
Wafi-Golpu, Papua New Guinea (5)			50%						—						—%						—						194,500						1.20%						2,300						194,500						1.20%						2,300						95%
Cadia, Australia			100%						—						—%						—						1,051,800						0.29%						3,100						1,051,800						0.29%						3,100						87%
Boddington, Australia			100%						278,600						0.09%						200						281,200						0.10%						300						559,800						0.09%						500						81%
NuevaUnión, Chile (5)(8)			50%						—						—%						—						1,118,000						0.40%						4,400						1,118,000						0.40%						4,400						88%
Norte Abierto, Chile (5)(9)			50%						—						—%						—						598,800						0.22%						1,300						598,800						0.22%						1,300						87%
Yanacocha, Peru			100%						—						—%						—						111,100						0.63%						700						111,100						0.63%						700						83%
Red Chris, Canada			70%						—						—%						—						186,400						0.52%						1,000						186,400						0.52%						1,000						84%
NGM, United States (11)			38.5%						4,300						0.16%						—						71,000						0.18%						100						75,400						0.18%						100						66%
Total Copper									282,900						0.09%						200						3,612,900						0.37%						13,200						3,895,800						0.35%						13,500						88%

____________________________

(1)At December 31, 2025 and 2024, copper reserves at sites for which Newmont is the operator were estimated at a copper price of $3.75 and $3.50 per pound, respectively, unless otherwise noted. Reserves provided by other operators may use pricing that differs. Amounts presented may not recalculate in total due to rounding.

(2)Tonnages include allowances for losses resulting from mining methods. Tonnages are rounded to nearest 100,000.

(3)Tonnes are estimates of metal contained in ore tonnages and do not include allowances for processing losses. Metallurgical recovery rates represent the estimated amount of metal to be recovered through metallurgical extraction processes. Tonnes may not recalculate as they are rounded to the nearest 100,000.

(4)Project is currently undeveloped. Copper reserves at December 31, 2025 were estimated at a copper price of $3.00 per pound.

(5)Included in the non-operating segment Corporate and Other in Note 4 to the Consolidated Financial Statements.

(6)The net smelter return value utilized in 2025 reserves not less than $24.62 per tonne.

(7)The net smelter return value utilized in 2025 reserves not less than $18.24 per tonne.

(8)Project is currently undeveloped. Copper reserves at December 31, 2025 were estimated at a copper price of $3.00 per pound. Copper reserves at December 31, 2025 and 2024 were provided by the NuevaUnión joint venture.

(9)Project is currently undeveloped. Copper reserves at December 31, 2025 were estimated at a copper price of $3.50. Copper reserves at December 31, 2025 and 2024 were provided by the Norte Abierto joint venture.

(10)Copper reserves related to the underground mine at December 31, 2025 were estimated at a copper price of $3.00 per pound.

(11)Copper cut-off grade varies with gold and silver credits. Copper reserves at December 31, 2025 were estimated at a copper price of $3.25 per ounce. Copper reserves at December 31, 2025 and 2024 were provided by Barrick, the operator of the NGM joint venture.

Silver Reserves at December 31, 2025 (1)
									Proven Reserves																		Probable Reserves																		Proven and Probable Reserves																		Metallurgical Recovery (3)
Deposits/Districts			Newmont Share						Tonnage (2) (000 tonnes)						Grade (g/tonne)						Ounces (3) (000)						Tonnage (2) (000 tonnes)						Grade (g/tonne)						Ounces (3) (000)						Tonnage (2) (000 tonnes)						Grade (g/tonne)						Ounces (3) (000)
Cadia, Australia (4)			100%						—						—						—						1,007,600						0.67						21,800						1,007,600						0.67						21,800						67%
Cerro Negro, Argentina			100%						2,200						84.41						5,900						6,800						66.20						14,400						9,000						70.62						20,300						74%
Pueblo Viejo Open Pits			40%						35,800						12.01						13,800						51,300						11.58						19,100						87,100						11.76						32,900						53%
Pueblo Viejo Stockpiles (5)			40%						—						—						—						36,900						13.59						16,100						36,900						13.59						16,100						53%
Total Pueblo Viejo, Dominican Republic (6)(7)			40%						35,800						12.01						13,800						88,200						12.42						35,200						123,900						12.30						49,000						53%
NuevaUnión, Chile (7)(8)			50%						—						—						—						1,118,000						1.31						47,200						1,118,000						1.31						47,200						66%
Norte Abierto, Chile (7)(9)			50%						—						—						—						521,100						1.61						27,000						521,100						1.61						27,000						76%
Yanacocha, Peru			100%						—						—						—						68,300						8.82						19,400						68,300						8.82						19,400						5%
Peñasquito Open Pits			100%						79,500						34.50						88,200						114,800						31.09						114,700						194,300						32.49						202,900						83%
Peñasquito Stockpiles (5)			100%						4,900						47.37						7,500						21,800						27.90						19,600						26,700						31.48						27,000						76%
Total Peñasquito, Mexico			100%						84,400						35.25						95,700						136,600						30.58						134,300						221,000						32.37						230,000						82%
Brucejack, Canada			100%						—						—						—						13,500						29.39						12,800						13,500						29.39						12,800						83%
NGM Open Pit			38.5%						—						—						—						66,200						6.54						13,900						66,200						6.54						13,900						38%
NGM Stockpiles (5)			38.5%						2,700						7.89						700						—						—						—						2,700						7.89						700						38%
Total NGM, United States (10)			38.5%						2,700						7.89						700						66,200						6.54						13,900						68,900						6.59						14,600						38%
Total Silver									125,000						28.88						116,000						3,026,200						3.35						326,000						3,151,200						4.36						442,000						71%

Silver Reserves at December 31, 2024 (1)
									Proven Reserves																		Probable Reserves																		Proven and Probable Reserves																		Metallurgical Recovery (3)
Deposits/Districts			Newmont Share						Tonnage (2) (000 tonnes)						Grade (g/tonne)						Ounces (3) (000)						Tonnage (2) (000 tonnes)						Grade (g/tonne)						Ounces (3) (000)						Tonnage (2) (000 tonnes)						Grade (g/tonne)						Ounces (3) (000)
Cadia, Australia			100%						—						—						—						1,051,800						0.67						22,800						1,051,800						0.67						22,800						68%
Cerro Negro, Argentina			100%						2,200						89.85						6,400						7,100						65.87						15,000						9,300						71.58						21,400						75%
Pueblo Viejo Open Pits			40%						32,200						12.44						12,900						49,500						11.49						18,300						81,700						11.86						31,200						71%
Pueblo Viejo Stockpiles (5)			40%						—						—						—						38,800						14.22						17,700						38,800						14.22						17,700						71%
Total Pueblo Viejo, Dominican Republic (6)(7)			40%						32,200						12.44						12,900						88,300						12.69						36,000						120,500						12.62						48,900						71%
NuevaUnión, Chile (7)(8)			50%						—						—						—						1,118,000						1.31						47,200						1,118,000						1.31						47,200						66%
Norte Abierto, Chile (7)(9)			50%						—						—						—						598,800						1.52						29,300						598,800						1.52						29,300						74%
Yanacocha Open Pits and Underground			100%						—						—						—						93,400						19.89						59,800						93,400						19.89						59,800						54%
Yanacocha Stockpiles and Leach Pads (5)(11)			100%						—						—						—						78,900						9.33						23,600						78,900						9.33						23,600						13%
Total Yanacocha, Peru			100%						—						—						—						172,300						15.05						83,400						172,300						15.05						83,400						43%
Peñasquito Open Pits			100%						93,900						34.68						104,700						130,800						28.52						119,900						224,700						31.09						224,600						83%
Peñasquito Stockpiles (5)			100%						4,700						25.38						3,800						27,300						28.32						24,800						32,000						27.89						28,700						73%
Total Peñasquito, Mexico			100%						98,600						34.24						108,500						158,100						28.49						144,800						256,600						30.70						253,300						82%
Brucejack, Canada			100%						—						—						—						8,600						34.36						9,500						8,600						34.36						9,500						83%
NGM Open Pit			38.5%						—						—						—						54,600						7.78						13,700						54,600						7.78						13,700						38%
NGM Stockpiles (5)			38.5%						3,200						7.87						800						—						—						—						3,200						7.87						800						38%
Total NGM, United States (10)			38.5%						3,200						7.87						800						54,600						7.78						13,700						57,900						7.78						14,500						38%
Total Silver									136,200						29.37						128,600						3,257,700						3.83						401,600						3,393,800						4.86						530,200						71%

____________________________

(1)At December 31, 2025 and 2024, silver reserves at sites for which Newmont is the operator were estimated at a silver price of $25 and $20 per ounce, respectively, unless otherwise noted. Reserves provided by other operators may use pricing that differs. Amounts presented may not recalculate in total due to rounding.

(2)Tonnages include allowances for losses resulting from mining methods. Tonnages are rounded to nearest 100,000.

(3)Ounces are estimates of metal contained in ore tonnages and do not include allowances for processing losses. Metallurgical recovery rates represent the estimated amount of metal to be recovered through metallurgical extraction processes. Ounces may not recalculate as they are rounded to the nearest 100,000.

(4)The net smelter return value utilized in 2025 reserves not less than $24.62 per tonne.

(5)Stockpiles are comprised primarily of material that has been set aside to allow processing of higher grade material in the mills. Stockpiles increase or decrease depending on current mine plans. Stockpile reserves are reported separately where ounces exceed 100,000 and are greater than 5% of the total site-reported reserves.

(6)The Pueblo Viejo mine, which is 40% owned by Newmont, is accounted for as an equity method investment. Silver reserves at December 31, 2025 were estimated at a silver price of $21 per ounce. Silver reserves at December 31, 2025 and 2024 were provided by Barrick, the operator of Pueblo Viejo.

(7)Included in the non-operating segment Corporate and Other in Note 4 to the Consolidated Financial Statements.

(8)Project is currently undeveloped. Silver reserves at December 31, 2025 were estimated at a silver price of $18 per ounce. Silver reserves at December 31, 2025 and 2024 were provided by the NuevaUnión joint venture.

(9)Project is currently undeveloped. Silver reserves at December 31, 2025 were estimated at a silver price of $25 per ounce. Silver reserves at December 31, 2025 and 2024 were provided by the Norte Abierto joint venture.

(10)Silver cut-off grade varies with gold and copper credits. Silver reserves at December 31, 2025 were estimated at a silver price of $21 per ounce. Silver reserves at December 31, 2025 and 2024 were provided by Barrick, the operator of the NGM joint venture.

(11)Leach pad material is the material on leach pads at the end of the year from which silver remains to be recovered. In-process reserves are reported separately where ounces exceed 100,000 and are greater than 5% of the total site-reported reserves.

Lead Reserves at December 31, 2025 (1)
									Proven Reserves																		Probable Reserves																		Proven and Probable Reserves																		Metallurgical Recovery (3)
Deposits/Districts			Newmont Share						Tonnage (2) (000 tonnes)						Grade (Pb %)						Tonnes (3) (000)						Tonnage (2) (000 tonnes)						Grade (Pb %)						Tonnes (3) (000)						Tonnage (2) (000 tonnes)						Grade (Pb %)						Tonnes (3) (000)
Peñasquito, Mexico			100%						84,400						0.34%						300						136,600						0.28%						400						221,000						0.30%						700						75%
Total Lead									84,400						0.34%						300						136,600						0.28%						400						221,000						0.30%						700						75%

Lead Reserves at December 31, 2024 (1)
									Proven Reserves																		Probable Reserves																		Proven and Probable Reserves																		Metallurgical Recovery (3)
Deposits/Districts			Newmont Share						Tonnage (2) (000 tonnes)						Grade (Pb %)						Tonnes (3) (000)						Tonnage (2) (000 tonnes)						Grade (Pb %)						Tonnes (3) (000)						Tonnage (2) (000 tonnes)						Grade (Pb %)						Tonnes (3) (000)
Peñasquito, Mexico			100%						98,600						0.35%						300						158,100						0.29%						500						256,600						0.31%						800						74%
Total Lead									98,600						0.35%						300						158,100						0.29%						500						256,600						0.31%						800						74%

____________________________

(1)At December 31, 2025 and 2024, lead reserves were estimated at a lead price of $0.90 per pound. Amounts presented may not recalculate in total due to rounding.

(2)Tonnages include allowances for losses resulting from mining methods. Tonnages are rounded to nearest 100,000.

(3)Tonnes are estimates of metal contained in ore tonnages and do not include allowances for processing losses. Metallurgical recovery rates represent the estimated amount of metal to be recovered through metallurgical extraction processes. Tonnes may not recalculate as they are rounded to the nearest 100,000.

Zinc Reserves at December 31, 2025 (1)
									Proven Reserves																		Probable Reserves																		Proven and Probable Reserves																		Metallurgical Recovery (3)
Deposits/Districts			Newmont Share						Tonnage (2) (000 tonnes)						Grade (Zn %)						Tonnes (3) (000)						Tonnage (2) (000 tonnes)						Grade (Zn %)						Tonnes (3) (000)						Tonnage (2) (000 tonnes)						Grade (Zn %)						Tonnes (3) (000)
Peñasquito Open Pits, Mexico			100%						79,500						0.77%						600						114,800						0.60%						700						194,300						0.67%						1,300						83%
Peñasquito Stockpiles, Mexico (4)			100%						4,900						1.25%						100						21,800						0.54%						100						26,700						0.67%						200						78%
Total Zinc									84,400						0.80%						700						136,600						0.59%						800						221,000						0.67%						1,500						82%

Zinc Reserves at December 31, 2024 (1)
									Proven Reserves																		Probable Reserves																		Proven and Probable Reserves																		Metallurgical Recovery (3)
Deposits/Districts			Newmont Share						Tonnage (2) (000 tonnes)						Grade (Zn %)						Tonnes (3) (000)						Tonnage (2) (000 tonnes)						Grade (Zn %)						Tonnes (3) (000)						Tonnage (2) (000 tonnes)						Grade (Zn %)						Tonnes (3) (000)
Peñasquito Open Pits, Mexico			100%						93,900						0.81%						800						130,800						0.6%						800						224,700						0.69%						1,500						83%
Peñasquito Stockpiles, Mexico (4)			100%						4,700						0.80%						—						27,300						0.54%						100						32,000						0.58%						200						75%
Total Zinc									98,600						0.81%						800						158,100						0.59%						900						256,600						0.68%						1,700						82%

____________________________

(1)At December 31, 2025 and 2024, zinc reserves were estimated at a zinc price of $1.20 per pound. Amounts presented may not recalculate in total due to rounding.

(2)Tonnages include allowances for losses resulting from mining methods. Tonnages are rounded to nearest 100,000.

(3)Tonnes are estimates of metal contained in ore tonnages and do not include allowances for processing losses. Metallurgical recovery rates represent the estimated amount of metal to be recovered through metallurgical extraction processes. Tonnes may not recalculate as they are rounded to the nearest 100,000.

(4)Stockpiles are comprised primarily of material that has been set aside to allow processing of higher grade material in the mills. Stockpiles increase or decrease depending on current mine plans. Stockpile reserves are reported separately where pounds exceed 100 million and are greater than 5% of the total site-reported reserves.

Molybdenum Reserves at December 31, 2025 (1)
									Proven Reserves																		Probable Reserves																		Proven and Probable Reserves																		Metallurgical Recovery (3)
Deposits/Districts			Newmont Share						Tonnage (2) (000 tonnes)						Grade (Mo %)						Tonnes (3) (000)						Tonnage (2) (000 tonnes)						Grade (Mo %)						Tonnes (3) (000)						Tonnage (2) (000 tonnes)						Grade (Mo %)						Tonnes (3) (000)
Cadia, Australia (4)			100%						—						—%						—						996,400						0.01%						100						996,400						0.01%						100						67%
NuevaUnión, Chile (5)(6)			50%						—						—%						—						776,900						0.02%						100						776,900						0.02%						100						48%
Total Molybdenum									—						—%						—						1,773,300						0.01%						200						1,773,300						0.01%						200						56%

Molybdenum Reserves at December 31, 2024 (1)
									Proven Reserves																		Probable Reserves																		Proven and Probable Reserves																		Metallurgical Recovery (3)
Deposits/Districts			Newmont Share						Tonnage (2) (000 tonnes)						Grade (Mo %)						Tonnes (3) (000)						Tonnage (2) (000 tonnes)						Grade (Mo %)						Tonnes (3) (000)						Tonnage (2) (000 tonnes)						Grade (Mo %)						Tonnes (3) (000)
Cadia, Australia			100%						—						—%						—						1,040,600						0.01%						100						1,040,600						0.01%						100						67%
NuevaUnión, Chile (5)(6)			50%						—						—%						—						776,900						0.02%						100						776,900						0.02%						100						48%
Total Molybdenum									—						—%						—						1,817,500						0.01%						200						1,817,500						0.01%						200						56%

____________________________

(1)At December 31, 2025 and 2024, molybdenum reserves at sites for which Newmont is the operator were estimated at a molybdenum price of $13 per pound, unless otherwise noted. Amounts presented may not recalculate in total due to rounding.

(2)Tonnages include allowances for losses resulting from mining methods. Tonnages are rounded to nearest 100,000.

(3)Tonnes are estimates of metal contained in ore tonnages and do not include allowances for processing losses. Metallurgical recovery rates represent the estimated amount of metal to be recovered through metallurgical extraction processes. Tonnes may not recalculate as they are rounded to the nearest 100,000.

(4)The net smelter return value utilized in 2025 reserves not less than $25 per tonne.

(5)Project is currently undeveloped. Molybdenum reserves at December 31, 2025 were estimated at a molybdenum price of $10 per pound. Molybdenum reserves at December 31, 2025 and 2024 were provided by the NuevaUnión joint venture.

(6)Included in the non-operating segment Corporate and Other in Note 4 to the Consolidated Financial Statements.

Measured, Indicated, and Inferred Resources

All of our resources are located on land (i) we own or control, or (ii) that is owned or controlled by business entities established with our joint venture partners, in which the Company owns its pro-rata share of the capital stock, membership units, or interests. The risks that could affect title to our property are included above in Item 1A, Risk Factors.

The measured, indicated, and inferred resource figures presented herein are estimates based on information available at the time of calculation and are exclusive of reserves. A “mineral resource” is a concentration or occurrence of solid material of economic interest in or on the Earth’s crust in such form, grade, or quality and quantity that there are reasonable prospects for eventual economic extraction. The location, quantity, grade or quality, continuity and other geological characteristics of a mineral resource are known, estimated or interpreted from specific geological evidence and knowledge, including sampling. The reference point for mineral resources is in situ. Mineral resources are sub-divided, in order of increasing geological confidence, into inferred, indicated and measured categories. Ounces of gold and silver or pounds of copper, zinc, lead, and molybdenum included in the measured, indicated and inferred resources are those contained prior to losses during metallurgical treatment. The terms "measured resource," "indicated resource," and "inferred resource" mean that part of a mineral resource for which quantity and grade or quality are estimated on the basis of geological evidence and sampling that is considered to be comprehensive, adequate, or limited, respectively.

Market fluctuations in the price of gold, silver, copper, zinc, lead, and molybdenum, as well as increased production costs or reduced metallurgical recovery rates, could change future estimates of resources. Metal price assumptions are based on approximately a ten to twenty-five percent premium over reserve prices.

Our exploration efforts are directed to the discovery of new resources and converting them into proven and probable reserves. We conduct brownfield exploration around our existing mines and greenfield exploration in other locations globally. Brownfield exploration can result in the discovery of additional deposits, which may receive the economic benefit of existing operating, processing and administrative infrastructures. In contrast, the discovery of mineralization through greenfield exploration efforts will require capital investment to build a stand-alone operation. Our Exploration expense was $243, $266, and $265 for the years ended December 31, 2025, 2024, and 2023, respectively.

We had attributable measured and indicated gold resources of 88.1 million ounces and attributable inferred gold resources of 60.6 million ounces at December 31, 2025. For 2025 and 2024, attributable measured, indicated, and inferred gold resources were estimated at a gold price assumption of $2,300 and $2,000 per ounce, respectively, except as noted below. The increase in the resources gold price assumption is based on the Company's assessment of multiple factors, including historical gold pricing trends, consensus price forecasts, and impacts of inflation.

The resource figures presented herein do not include that part of our resources that have been converted to Proven and Probable Reserves as shown above, as they are reported exclusive of reserves, and have been estimated based on information available at the time of calculation.

The Company has internal controls for reviewing and documenting the information supporting the mineral reserve and mineral resource estimates, describing the methods used, and ensuring the validity of the estimates. Refer to Proven and Probable Reserves above for further information on these internal controls.

We publish measured, indicated, and inferred resources annually, and will recalculate them at December 31, 2026, taking into account metal prices, changes, if any, in future production and capital costs, divestments and conversion to reserves, as well as any acquisitions and additions during 2026.

The following tables detail measured, indicated, and inferred resources reflecting only those that are attributable to Newmont’s ownership or economic interest at December 31, 2025 and 2024.

Gold Resources at December 31, 2025 (1)(2)
									Measured Resources																		Indicated Resources																		Measured and Indicated Resources																		Inferred Resources
Deposits/Districts			Newmont Share						Tonnage (000 tonnes)						Grade (g/tonne)						Ounces (3) (000)						Tonnage (000 tonnes)						Grade (g/tonne)						Ounces (3) (000)						Tonnage (000 tonnes)						Grade (g/tonne)						Ounces (3) (000)						Tonnage (000 tonnes)						Grade (g/tonne)						Ounces (3) (000)						Metallurgical Recovery (3)
Lihir, Papua New Guinea			100%						—						—						—						37,500						1.99						2,400						37,500						1.99						2,400						239,800						2.4						18,300						75%
Wafi-Golpu Open Pit (4)			50%						—						—						—						53,600						1.66						2,900						53,600						1.66						2,900						15,500						1.3						600						65%
Wafi-Golpu Underground (5)			50%						—						—						—						140,800						0.45						2,000						140,800						0.45						2,000						91,900						0.6						1,900						68%
Total Wafi-Golpu, Papua New Guinea (6)			50%						—						—						—						194,500						0.78						4,900						194,500						0.78						4,900						107,300						0.7						2,600						67%
Cadia Underground			100%						—						—						—						1,009,300						0.29						9,400						1,009,300						0.29						9,400						163,900						0.2						1,300						81%
Cadia Stockpiles			100%						28,500						0.30						300						—						—						—						28,500						0.30						300						—						—						—						64%
Total Cadia, Australia			100%						28,500						0.30						300						1,009,300						0.29						9,400						1,037,800						0.29						9,700						163,900						0.2						1,300						81%
Tanami Open Pit			100%						10,000						1.62						500						27,300						1.42						1,200						37,200						1.47						1,800						5,500						1.1						200						90%
Tanami Underground			100%						2,600						3.35						300						6,800						3.77						800						9,400						3.65						1,100						17,600						4.4						2,500						96%
Total Tanami, Australia			100%						12,500						1.98						800						34,100						1.89						2,100						46,600						1.91						2,900						23,100						3.6						2,700						94%
Boddington, Australia			100%						97,300						0.52						1,600						168,200						0.49						2,600						265,500						0.50						4,300						3,800						0.5						100						85%
Ahafo South Open Pit			100%						1,000						1.13						—						5,000						0.72						100						6,100						0.79						200						3,200						1.1						100						87%
Ahafo South Underground			100%						1,200						3.69						100						41,400						3.84						5,100						42,500						3.84						5,200						19,500						2.9						1,800						91%
Total Ahafo South, Ghana			100%						2,200						2.49						200						46,400						3.51						5,200						48,600						3.46						5,400						22,700						2.7						2,000						91%
Ahafo North, Ghana			100%						6,600						1.44						300						36,300						1.74						2,000						42,900						1.69						2,300						18,100						1.6						900						90%
Total Ahafo Complex, Ghana			100%						8,700						1.70						500						82,700						2.73						7,300						91,400						2.63						7,700						40,900						2.2						2,900						91%
Merian, Suriname			75%						5,200						0.96						200						49,600						1.05						1,700						54,800						1.05						1,800						79,700						0.8						2,100						90%
Cerro Negro, Argentina			100%						1,300						3.73						200						1,900						5.42						300						3,200						4.73						500						7,500						5.1						1,200						95%
Pueblo Viejo, Dominican Republic (6)(7)			40%						7,300						1.31						300						33,100						1.37						1,500						40,300						1.36						1,800						6,300						1.5						300						81%
NuevaUnión, Chile (6)(8)			50%						4,800						0.47						100						118,300						0.59						2,300						123,100						0.59						2,300						239,800						0.4						3,100						68%
Norte Abierto, Chile (6)(9)			50%						77,700						0.61						1,500						525,500						0.51						8,600						603,200						0.52						10,100						381,100						0.4						5,300						78%
Conga, Peru (6)(10)			100%						—						—						—						693,800						0.65						14,600						693,800						0.65						14,600						230,500						0.4						2,900						75%
Yanacocha Open Pit			100%						12,800						0.41						200						99,100						0.70						2,300						111,900						0.67						2,400						360,300						0.5						6,200						58%
Yanacocha Underground			100%						3,800						7.28						900						15,200						5.13						2,500						19,000						5.56						3,400						3,600						4.9						600						97%
Total Yanacocha, Peru (11)			100%						16,600						1.98						1,100						114,300						1.29						4,700						130,900						1.38						5,800						363,900						0.6						6,700						71%
Peñasquito, Mexico			100%						52,800						0.30						500						172,100						0.21						1,100						224,900						0.23						1,600						9,200						0.2						100						56%
La Bikina, Mexico (6)			50%						—						—						—						19,900						0.37						200						19,900						0.37						200						1,600						0.2						—						50%
Galore Creek, Canada (6)(12)			50%						212,800						0.29						2,000						385,600						0.22						2,700						598,400						0.25						4,700						118,900						0.2						700						75%
Red Chris, Canada (13)			70%						—						—						—						334,800						0.34						3,700						334,800						0.34						3,700						62,000						0.3						700						55%
Brucejack, Canada			100%						—						—						—						4,300						4.13						600						4,300						4.13						600						14,500						5.3						2,500						96%
NGM Open Pit			38.5%						2,900						1.04						100						178,000						0.64						3,600						180,900						0.64						3,700						63,200						0.8						1,500						75%
NGM Underground			38.5%						1,400						8.83						400						21,900						6.34						4,500						23,400						6.50						4,900						25,600						6.9						5,700						82%
Total NGM, Nevada (14)			38.5%						4,300						3.61						500						199,900						1.26						8,100						204,300						1.31						8,600						88,900						2.5						7,300						80%
Total Gold									529,900						0.56						9,500						4,179,300						0.59						78,700						4,709,300						0.58						88,100						2,182,600						0.9						60,600						78%

Gold Resources at December 31, 2024 (1)(2)
									Measured Resources																		Indicated Resources																		Measured and Indicated Resources																		Inferred Resources
Deposits/Districts			Newmont Share						Tonnage (000 tonnes)						Grade (g/tonne)						Ounces (3) (000)						Tonnage (000 tonnes)						Grade (g/tonne)						Ounces (3) (000)						Tonnage (000 tonnes)						Grade (g/tonne)						Ounces (3) (000)						Tonnage (000 tonnes)						Grade (g/tonne)						Ounces (3) (000)						Metallurgical Recovery (3)
Namosi, Fiji			73.24%						—						—						—						105,500						0.22						700						105,500						0.22						700						1,346,900						0.1						4,300						72%
Lihir, Papua New Guinea			100%						—						—						—						44,600						1.97						2,800						44,600						1.97						2,800						227,400						2.4						17,600						75%
Wafi-Golpu Open Pit			50%						—						—						—						53,600						1.66						2,900						53,600						1.66						2,900						15,500						1.3						600						65%
Wafi-Golpu Underground			50%						—						—						—						140,800						0.45						2,000						140,800						0.45						2,000						91,900						0.6						1,900						68%
Total Wafi-Golpu, Papua New Guinea (6)			50%						—						—						—						194,500						0.78						4,900						194,500						0.78						4,900						107,300						0.7						2,600						67%
Cadia Underground			100%						—						—						—						1,245,100						0.36						14,200						1,245,100						0.36						14,200						549,400						0.3						4,800						81%
Cadia Open Pit			100%						30,800						0.30						300						—						—						—						30,800						0.30						300						11,000						0.7						200						65%
Total Cadia, Australia			100%						30,800						0.30						300						1,245,100						0.36						14,200						1,275,900						0.35						14,500						560,400						0.3						5,000						81%
Tanami Open Pit			100%						9,700						1.65						500						26,500						1.45						1,200						36,200						1.50						1,700						5,300						1.1						200						90%
Tanami Underground			100%						2,800						3.22						300						6,600						3.80						800						9,300						3.63						1,100						17,200						4.4						2,400						97%
Total Tanami, Australia			100%						12,500						1.99						800						33,000						1.92						2,000						45,500						1.94						2,800						22,500						3.6						2,600						94%
Boddington, Australia			100%						90,600						0.55						1,600						154,100						0.53						2,600						244,700						0.54						4,200						3,500						0.6						100						84%
Ahafo South Open Pit			100%						3,900						1.13						100						6,500						0.83						200						10,400						0.95						300						3,500						1.2						100						85%
Ahafo South Underground			100%						700						3.85						100						27,100						3.96						3,400						27,800						3.95						3,500						11,500						3.1						1,200						91%
Total Ahafo South, Ghana			100%						4,700						1.56						200						33,500						3.35						3,600						38,200						3.13						3,800						15,000						2.7						1,300						91%
Ahafo North, Ghana			100%						6,900						1.41						300						28,300						1.78						1,600						35,200						1.71						1,900						13,700						1.6						700						90%
Total Ahafo Complex, Ghana			100%						11,600						1.47						500						61,800						2.64						5,200						73,400						2.45						5,700						28,700						2.2						2,000						91%
Merian, Suriname			75%						5,800						1.03						200						58,600						1.08						2,000						64,500						1.08						2,200						70,000						0.9						2,000						90%
Cerro Negro, Argentina			100%						1,300						3.77						200						1,900						5.65						300						3,200						4.88						500						7,600						4.8						1,200						94%
Pueblo Viejo, Dominican Republic (6)(7)			40%						8,200						1.39						400						38,200						1.44						1,800						46,400						1.43						2,100						5,000						1.6						300						88%
NuevaUnión, Chile (6)(8)			50%						4,800						0.47						100						118,300						0.59						2,300						123,100						0.59						2,300						239,800						0.4						3,100						68%
Norte Abierto, Chile (6)(9)			50%						77,200						0.61						1,500						596,900						0.49						9,300						674,200						0.50						10,800						369,600						0.4						4,400						76%
Conga, Peru (6)			100%						—						—						—						693,800						0.65						14,600						693,800						0.65						14,600						230,500						0.4						2,900						75%
Yanacocha Open Pit			100%						16,600						0.41						200						109,200						0.40						1,400						125,700						0.40						1,600						287,200						0.6						5,100						66%
Yanacocha Underground			100%						500						4.07						100						6,200						4.70						900						6,700						4.65						1,000						3,400						5.0						500						97%
Total Yanacocha, Peru			100%						17,100						0.52						300						115,400						0.63						2,300						132,500						0.62						2,600						290,700						0.6						5,600						72%
Peñasquito, Mexico			100%						48,200						0.30						500						163,100						0.22						1,100						211,300						0.24						1,600						21,100						0.2						100						57%
La Bikina, Mexico (6)			50%						—						—						—						19,900						0.37						200						19,900						0.37						200						1,600						0.2						—						50%
Galore Creek, Canada (6)(12)			50%						212,800						0.29						2,000						385,600						0.22						2,700						598,400						0.25						4,700						118,900						0.2						700						75%
Red Chris, Canada			70%						—						—						—						335,100						0.34						3,700						335,100						0.34						3,700						62,100						0.3						700						55%
Brucejack, Canada			100%						—						—						—						4,300						4.68						600						4,300						4.68						600						16,600						5.8						3,100						96%
NGM Open Pit			38.5%						3,700						1.24						100						158,500						0.74						3,800						162,200						0.76						4,000						56,700						0.9						1,600						72%
NGM Underground			38.5%						200						23.55						200						21,500						6.34						4,400						21,800						6.52						4,600						25,100						6.4						5,200						87%
Total NGM, United States (14)			38.5%						3,900						2.51						300						180,000						1.41						8,200						183,900						1.44						8,500						81,800						2.6						6,700						82%

Gold Resources at December 31, 2024 (1)(2) (continued)
									Measured Resources																		Indicated Resources																		Measured and Indicated Resources																		Inferred Resources
Deposits/Districts			Newmont Share						Tonnage (000 tonnes)						Grade (g/tonne)						Ounces (3) (000)						Tonnage (000 tonnes)						Grade (g/tonne)						Ounces (3) (000)						Tonnage (000 tonnes)						Grade (g/tonne)						Ounces (3) (000)						Tonnage (000 tonnes)						Grade (g/tonne)						Ounces (3) (000)						Metallurgical Recovery (3)
Held for sale (15)
CC&V, United States			100%						20,300						0.53						300						26,500						0.48						400						46,700						0.50						800						71,400						0.4						900						51%
Musselwhite, Canada			100%						1,500						4.21						200						2,300						4.10						300						3,800						4.15						500						1,900						5.0						300						96%
Porcupine Underground			100%						—						—						—						1,000						7.70						300						1,100						7.59						300						1,900						7.8						500						92%
Porcupine Open Pit			100%						—						—						—						75,600						1.51						3,700						75,600						1.51						3,700						65,900						1.4						2,900						92%
Total Porcupine, Canada			100%						—						—						—						76,600						1.59						3,900						76,600						1.59						3,900						67,900						1.5						3,400						92%
Éléonore, Canada			100%						400						4.94						100						2,900						4.11						400						3,300						4.21						400						2,400						4.6						400						92%
Coffee, Canada (6)			100%						900						2.14						100						49,300						1.26						2,000						50,200						1.28						2,100						6,700						1.0						200						81%
Akyem, Ghana			100%						800						0.73						—						9,700						3.83						1,200						10,600						3.58						1,200						5,500						3.0						500						92%
Total Gold									548,800						0.53						9,300						4,717,000						0.59						90,100						5,265,900						0.59						99,400						3,967,800						0.6						70,600						78%

____________________________

(1)Resources are reported exclusive of reserves. Amounts presented may not recalculate in total due to rounding.

(2)At December 31, 2025 and 2024, gold resources at sites for which Newmont is the operator were estimated at a gold price of $2,300 and $2,000 per ounce, respectively, unless otherwise noted. Resources provided by other operators may use pricing that differs. Tonnage amounts have been rounded to the nearest 100,000.

(3)Ounces are estimates of metal contained in ore tonnages and do not include allowances for processing losses. Metallurgical recovery rates represent the estimated amount of metal to be recovered through metallurgical extraction processes. Ounces may not recalculate as they are rounded to the nearest 100,000.

(4)Project is currently undeveloped. Gold resources at December 31, 2025 were estimated at a gold price of $1,400 per ounce.

(5)Project is currently undeveloped. Gold resources at December 31, 2025 were estimated at a gold price of $1,300 per ounce.

(6)Included in the non-operating segment Corporate and Other in Note 4 to the Consolidated Financial Statements.

(7)The Pueblo Viejo mine, which is 40% owned by Newmont, is accounted for as an equity method investment. Gold resources at December 31, 2025 were estimated at a gold price of $2,000 per ounce. Gold resources at December 31, 2025 and 2024 were provided by Barrick, the operator of Pueblo Viejo.

(8)Project is currently undeveloped. Gold resources at December 31, 2025 were estimated at a gold price of $1,300 per ounce. Gold resources at December 31, 2025 and 2024 were provided by the NuevaUnión joint venture.

(9)Project is currently undeveloped. Gold resources at December 31, 2025 were estimated at a gold price of $2,000 per ounce. Gold resources at December 31, 2025 and 2024 were provided by the Norte Abierto joint venture.

(10)Gold resources at December 31, 2025 were estimated at a gold price of $1,400 per ounce.

(11)Gold resources related to the Yanacocha Sulfides project at December 31, 2025 were estimated at a gold price of $1,400 per ounce.

(12)Project is currently undeveloped. Resource estimates provided by Teck Resources, the Galore Creek joint venture partner.

(13)Gold resources related to the underground mine at December 31, 2025 were estimated at a gold price of $1,400 per ounce.

(14)Gold resources at December 31, 2025 were estimated at a gold price of $2,000 per ounce. Gold resources at December 31, 2025 and 2024 were provided by Barrick, the operator of the NGM joint venture.

(15)Sites were classified as held for sale as of December 31, 2024 and were divested as of December 31, 2025. Refer to Note 3 of the Consolidated Financial Statements for further information on the Company's divestitures.

Copper Resources at December 31, 2025 (1)(2)
									Measured Resources																		Indicated Resources																		Measured and Indicated Resources																		Inferred Resources
Deposits/Districts			Newmont Share						Tonnage (000 tonnes)						Grade (Cu%)						Tonnes (3) (000)						Tonnage (000 tonnes)						Grade (Cu%)						Tonnes (3) (000)						Tonnage (000 tonnes)						Grade (Cu%)						Tonnes (3) (000)						Tonnage (000 tonnes)						Grade (Cu%)						Tonnes (3) (000)						Metallurgical Recovery (3)
Wafi-Golpu, Papua New Guinea (4)(5)			50%						—						—%						—						140,800						0.73%						1,000						140,800						0.73%						1,000						91,900						0.7%						600						95%
Cadia, Australia			100%						28,500						0.13%						—						1,009,300						0.25%						2,600						1,037,800						0.25%						2,600						163,900						0.2%						300						87%
Boddington, Australia			100%						97,300						0.12%						100						168,200						0.11%						200						265,500						0.11%						300						3,800						0.1%						—						82%
NuevaUnión, Chile (4)(6)			50%						164,300						0.19%						300						349,900						0.34%						1,200						514,100						0.30%						1,500						602,200						0.4%						2,300						89%
Norte Abierto, Chile (4)(7)			50%						58,000						0.23%						100						479,900						0.20%						900						537,900						0.20%						1,100						373,300						0.2%						800						86%
Conga, Peru (4)(8)			100%						—						—%						—						693,800						0.26%						1,800						693,800						0.26%						1,800						230,500						0.2%						400						84%
Yanacocha, Peru (9)			100%						3,700						0.29%						—						114,100						0.61%						700						117,800						0.60%						700						134,900						0.4%						500						83%
Galore Creek, Canada (4)(10)			50%						212,800						0.44%						900						385,600						0.47%						1,800						598,400						0.46%						2,800						118,900						0.3%						300						93%
Red Chris, Canada (11)			70%						—						—%						—						334,800						0.34%						1,100						334,800						0.34%						1,100						62,000						0.4%						200						81%
NGM, United States (12)			38.5%						—						—%						—						130,600						0.16%						200						130,600						0.16%						200						12,100						0.1%						—						69%
Total Copper									564,600						0.27%						1,500						3,806,800						0.30%						11,600						4,371,500						0.30%						13,100						1,793,400						0.3%						5,600						88%

Copper Resources at December 31, 2024 (1)(2)
									Measured Resources																		Indicated Resources																		Measured and Indicated Resources																		Inferred Resources
Deposits/Districts			Newmont Share						Tonnage (000 tonnes)						Grade (Cu%)						Tonnes (3) (000)						Tonnage (000 tonnes)						Grade (Cu%)						Tonnes (3) (000)						Tonnage (000 tonnes)						Grade (Cu%)						Tonnes (3) (000)						Tonnage (000 tonnes)						Grade (Cu%)						Tonnes (3) (000)						Metallurgical Recovery (3)
Namosi Open Pit			73.24%						—						—%						—						105,500						0.61%						600						105,500						0.61%						600						1,346,900						0.3%						4,300						84%
Namosi Underground			73.24%						—						—%						—						—						—%						—						—						—%						—						209,900						0.4%						900						92%
Total Namosi, Fiji (4)			73.24%						—						—%						—						105,500						0.61%						600						105,500						0.61%						600						1,556,800						0.3%						5,200						85%
Wafi-Golpu, Papua New Guinea (4)			50%						—						—%						—						140,800						0.73%						1,000						140,800						0.73%						1,000						91,900						0.7%						600						95%
Cadia, Australia			100%						30,800						0.13%						—						1,245,100						0.25%						3,200						1,275,900						0.25%						3,200						560,400						0.2%						1,000						86%
Boddington, Australia			100%						90,600						0.12%						100						154,100						0.11%						200						244,700						0.12%						300						3,500						0.1%						—						83%
NuevaUnión, Chile (4)(6)			50%						164,300						0.19%						300						349,900						0.34%						1,200						514,100						0.30%						1,500						602,200						0.4%						2,300						89%
Norte Abierto, Chile (4)(7)			50%						57,600						0.24%						100						551,300						0.19%						1,100						608,900						0.20%						1,200						361,800						0.2%						700						90%
Conga, Peru (4)			100%						—						—%						—						693,800						0.26%						1,800						693,800						0.26%						1,800						230,500						0.2%						400						84%
Yanacocha, Peru			100%						1,500						1.02%						—						99,800						0.36%						400						101,300						0.37%						400						39,700						0.4%						100						81%
Galore Creek, Canada (4)(10)			50%						212,800						0.44%						900						385,600						0.47%						1,800						598,400						0.46%						2,800						118,900						0.3%						300						93%
Red Chris, Canada			70%						—						—%						—						335,100						0.34%						1,100						335,100						0.34%						1,100						62,100						0.4%						200						81%
NGM, United States (12)			38.5%						—						—%						—						113,700						0.17%						200						113,700						0.17%						200						11,100						0.2%						—						67%
Total Copper									557,600						0.28%						1,600						4,174,600						0.30%						12,600						4,732,200						0.30%						14,100						3,638,800						0.3%						11,000						87%

____________________________

(1)Resources are reported exclusive of reserves. Amounts presented may not recalculate in total due to rounding.

(2)At December 31, 2025 and 2024, copper resources at sites in which Newmont is the operator were estimated at a copper price of $4.25 and $4.00 per pound, respectively, unless otherwise noted. Resources provided by other operators may use pricing that differs. Tonnage amounts have been rounded to the nearest 100,000.

(3)Tonnes are estimates of metal contained in ore tonnages and do not include allowances for processing losses. Metallurgical recovery rates represent the estimated amount of metal to be recovered through metallurgical extraction processes. Tonnes may not recalculate as they are rounded to the nearest 100,000.

(4)Included in the non-operating segment Corporate and Other in Note 4 to the Consolidated Financial Statements.

(5)Project is currently undeveloped. Copper resources related to the open pit mine at December 31, 2025 were estimated at a copper price of $3.40 per pound.

(6)Project is currently undeveloped. Copper resources at December 31, 2025 were estimated at a copper price of $3.00 per pound. Copper resources at December 31, 2025 and 2024 were provided by the NuevaUnión joint venture.

(7)Project is currently undeveloped. Copper resources at December 31, 2025 were estimated at a copper price of $4.00 per pound. Copper resources at December 31, 2025 and 2024 were provided by the Norte Abierto joint venture.

(8)Copper resources at December 31, 2025 were estimated at a copper price of $3.50 per pound.

(9)Copper resources related to the Yanacocha Sulfides project at December 31, 2025 were estimated at a copper price of $3.25 per pound.

(10)Project is currently undeveloped. Resource estimates provided by Teck Resources.

(11)Copper resources related to the underground mine at December 31, 2025 were estimated at a copper price of $3.40 per pound.

(12)Copper resources at December 31, 2025 were estimated at a copper price of $4.50 per pound. Copper resources at December 31, 2025 and 2024 were provided by Barrick, the operator of the NGM joint venture.

Silver Resources at December 31, 2025 (1)(2)
									Measured Resources																		Indicated Resources																		Measured and Indicated Resources																		Inferred Resources
Deposits/Districts			Newmont Share						Tonnage (000 tonnes)						Grade (g/tonne)						Ounces (3) (000)						Tonnage (000 tonnes)						Grade (g/tonne)						Ounces (3) (000)						Tonnage (000 tonnes)						Grade (g/tonne)						Ounces (3) (000)						Tonnage (000 tonnes)						Grade (g/tonne)						Ounces (3) (000)						Metallurgical Recovery (3)
Wafi-Golpu, Papua New Guinea (4)			50%						—						—						—						53,600						4.42						7,600						53,600						4.42						7,600						15,500						4.5						2,200						45%
Cadia, Australia			100%						—						—						—						1,009,300						0.62						20,200						1,009,300						0.62						20,200						163,900						0.4						2,300						68%
Pueblo Viejo, Dominican Republic (4)(5)			40%						7,300						6.95						1,600						33,100						7.79						8,300						40,300						7.64						9,900						6,300						8.3						1,700						53%
NuevaUnión, Chile (4)(6)			50%						164,300						0.96						5,100						349,900						1.19						13,400						514,100						1.12						18,400						602,200						1.2						22,500						66%
Norte Abierto, Chile (4)(7)			50%						77,700						1.21						3,000						525,500						1.07						18,100						603,200						1.09						21,100						381,100						1.0						12,600						79%
Peñasquito, Mexico			100%						52,800						28.32						48,100						172,100						25.28						139,900						224,900						26.00						188,000						9,200						24.2						7,100						80%
La Bikina, Mexico (4)			50%						—						—						—						19,900						13.99						9,000						19,900						13.99						9,000						1,600						11.0						500						25%
Cerro Negro Underground			100%						100						72.50						200						700						57.19						1,300						800						59.07						1,500						7,200						28.3						6,500						75%
Cerro Negro Open Pit			100%						1,200						6.76						300						1,200						6.62						300						2,400						6.70						500						300						6.7						100						71%
Total Cerro Negro, Argentina			100%						1,300						11.74						500						1,900						25.50						1,600						3,200						19.88						2,000						7,500						27.4						6,600						75%
Conga, Peru (4)(8)			100%						—						—						—						693,800						2.06						45,900						693,800						2.06						45,900						175,000						1.1						6,300						70%
Yanacocha Open Pit			100%						15,600						7.91						3,900						96,300						19.80						61,300						111,900						18.14						65,200						89,500						14.3						41,300						55%
Yanacocha Leach Pad (9)			100%						—						—						—						57,100						2.03						3,700						57,100						2.03						3,700						11,600						4.4						1,600						3%
Yanacocha Underground			100%						3,700						0.21						—						14,900						15.49						7,400						18,600						12.45						7,400						3,600						38.4						4,400						83%
Total Yanacocha, Peru (10)			100%						19,300						6.41						4,000						168,200						13.39						72,400						187,500						12.67						76,400						104,700						14.1						47,300						55%
Galore Creek, Canada (4)(11)			50%						212,800						4.08						27,900						385,600						4.77						59,100						598,400						4.52						87,000						118,900						2.6						9,900						73%
Brucejack, Canada			100%						—						—						—						4,300						15.90						2,200						4,300						15.90						2,200						14,500						11.7						5,500						82%
NGM, United States (12)			38.5%						—						—						—						121,000						5.22						20,300						121,000						5.22						20,300						10,100						5.4						1,800						38%
Total Silver									535,500						5.24						90,200						3,538,100						3.67						418,000						4,073,600						3.88						508,200						1,610,400						2.4						126,400						68%

Silver Resources at December 31, 2024 (1)(2)
									Measured Resources																		Indicated Resources																		Measured and Indicated Resources																		Inferred Resources
Deposits/Districts			Newmont Share						Tonnage (000 tonnes)						Grade (g/tonne)						Ounces (3) (000)						Tonnage (000 tonnes)						Grade (g/tonne)						Ounces (3) (000)						Tonnage (000 tonnes)						Grade (g/tonne)						Ounces (3) (000)						Tonnage (000 tonnes)						Grade (g/tonne)						Ounces (3) (000)						Metallurgical Recovery (3)
Wafi-Golpu, Papua New Guinea (4)			50%						—						—						—						53,600						4.42						7,600						53,600						4.42						7,600						15,500						4.5						2,200						45%
Cadia, Australia			100%						—						—						—						1,245,100						0.65						26,100						1,245,100						0.65						26,100						549,400						0.4						7,900						67%
Pueblo Viejo, Dominican Republic (4)(5)			40%						8,200						7.69						2,000						38,200						7.82						9,600						46,400						7.80						11,600						5,000						6.8						1,100						71%
NuevaUnión, Chile (4)(6)			50%						164,300						0.96						5,100						349,900						1.19						13,400						514,100						1.12						18,400						602,200						1.2						22,500						66%
Norte Abierto, Chile (4)(7)			50%						77,200						1.20						3,000						596,900						1.07						20,600						674,200						1.09						23,500						369,600						1.0						11,300						78%
Peñasquito, Mexico			100%						48,200						27.22						42,200						163,100						24.84						130,300						211,300						25.39						172,400						21,100						25.4						17,200						80%
La Bikina, Mexico (4)			50%						—						—						—						19,900						13.99						9,000						19,900						13.99						9,000						1,600						11.0						500						25%
Cerro Negro Underground			100%						100						70.12						300						700						61.42						1,400						900						62.67						1,700						7,300						26.5						6,200						76%
Cerro Negro Open Pit			100%						1,200						6.76						300						1,200						6.62						300						2,400						6.70						500						300						6.7						100						71%
Total Cerro Negro, Argentina			100%						1,300						12.61						500						1,900						27.54						1,700						3,200						21.43						2,200						7,600						25.7						6,300						75%
Conga, Peru (4)			100%						—						—						—						693,800						2.06						45,900						693,800						2.06						45,900						175,000						1.1						6,300						70%
Yanacocha Open Pit			100%						16,300						6.71						3,500						103,900						10.16						33,900						120,200						9.69						37,400						26,300						13.4						11,400						43%
Yanacocha Leach Pad			100%						—						—						—						—						—						—						—						—						—						62,700						2.2						4,500						4%
Yanacocha Underground			100%						500						0.37						—						6,200						37.02						7,300						6,700						34.23						7,400						3,400						40.4						4,400						83%
Total Yanacocha, Peru (9)			100%						16,800						6.52						3,500						110,100						11.66						41,300						126,900						10.98						44,800						92,400						6.8						20,300						47%
Galore Creek, Canada (4)(11)			50%						212,800						4.08						27,900						385,600						4.77						59,100						598,400						4.52						87,000						118,900						2.6						9,900						73%
Brucejack, Canada			100%						—						—						—						4,300						19.68						2,700						4,300						19.68						2,700						16,600						11.6						6,200						82%
NGM, United States (12)			38.5%						—						—						—						98,300						5.64						17,800						98,300						5.64						17,800						10,300						4.2						1,400						38%
Total Silver									528,900						4.96						84,300						3,760,700						3.18						385,000						4,289,600						3.40						469,200						1,985,100						1.8						113,200						69%

____________________________

(1)Resources are reported exclusive of reserves. Amounts presented may not recalculate in total due to rounding.

(2)At December 31, 2025 and 2024, silver resources at sites in which Newmont is the operator were estimated at a silver price of $28 and $23 per ounce, respectively, unless otherwise noted. Resources provided by other operators may use pricing that differs. Tonnage amounts have been rounded to the nearest 100,000.

(3)Ounces are estimates of metal contained in ore tonnages and do not include allowances for processing losses. Metallurgical recovery rates represent the estimated amount of metal to be recovered through metallurgical extraction processes. Ounces may not recalculate as they are rounded to the nearest 100,000.

(4)Included in the non-operating segment Corporate and Other in Note 4 to the Consolidated Financial Statements.

(5)Silver resources at December 31, 2025 were estimated at a silver price of $25 per ounce. Silver resources at December 31, 2025 and 2024 were provided by Barrick, the operator of the Pueblo Viejo.

(6)Project is currently undeveloped. Silver resources at December 31, 2025 were estimated at a silver price of $18 per ounce. Silver resources at December 31, 2025 and 2024 were provided by the NuevaUnión joint venture.

(7)Project is currently undeveloped. Silver resources at December 31, 2025 were estimated at a silver price of $23 per ounce. Silver resources at December 31, 2025 and 2024 were provided by the Norte Abierto joint venture.

(8)Silver resources at December 31, 2025 were estimated at a silver price of $26 per ounce.

(9)Leach pad material is the material on leach pads at the end of the year from which silver remains to be recovered. In-process resources are reported separately where ounces exceed 100,000 and are greater than 5% of the total site-reported resources.

(10)Silver resources related to the Yanacocha Sulfides project at December 31, 2025 were estimated at a silver price of $23 per ounce.

(11)Project is currently undeveloped. Resource estimates provided by Teck Resources.

(12)Silver resources at December 31, 2025 were estimated at a silver price of $25 per ounce. Silver resources at December 31, 2025 and 2024 were provided by Barrick, the operator of the NGM joint venture.

Lead Resources at December 31, 2025 (1)(2)
									Measured Resource																		Indicated Resource																		Measured and Indicated Resource																		Inferred Resource
Deposits/Districts			Newmont Share						Tonnage (000 tonnes)						Grade (Pb%)						Tonnes (3) (000)						Tonnage (000 tonnes)						Grade (Pb%)						Tonnes (3) (000)						Tonnage (000 tonnes)						Grade (Pb%)						Tonnes (3) (000)						Tonnage (000 tonnes)						Grade (Pb%)						Tonnes (3) (000)						Metallurgical Recovery (3)
Peñasquito, Mexico			100%						52,800						0.26%						100						172,100						0.24%						400						224,900						0.24%						500						9,200						0.2%						—						73%
Total Lead									52,800						0.26%						100						172,100						0.24%						400						224,900						0.24%						500						9,200						0.2%						—						73%

Lead Resources at December 31, 2024 (1)(2)
									Measured Resource																		Indicated Resource																		Measured and Indicated Resource																		Inferred Resource
Deposits/Districts			Newmont Share						Tonnage (000 tonnes)						Grade (Pb%)						Tonnes (3) (000)						Tonnage (000 tonnes)						Grade (Pb%)						Tonnes (3) (000)						Tonnage (000 tonnes)						Grade (Pb%)						Tonnes (3) (000)						Tonnage (000 tonnes)						Grade (Pb%)						Tonnes (3) (000)						Metallurgical Recovery (3)
Peñasquito, Mexico			100%						48,200						0.25%						100						163,100						0.23%						400						211,300						0.23%						500						21,100						0.2%						—						73%
Total Lead									48,200						0.25%						100						163,100						0.23%						400						211,300						0.23%						500						21,100						0.2%						—						73%

____________________________

(1)Resources are reported exclusive of reserves.

(2)At December 31, 2025 and 2024, lead resources were estimated at a lead price of $1.00 per pound. Tonnage amounts have been rounded to the nearest 100,000.

(3)Tonnes are estimates of metal contained in ore tonnages and do not include allowances for processing losses. Metallurgical recovery rates represent the estimated amount of metal to be recovered through metallurgical extraction processes. Tonnes may not recalculate as they are rounded to the nearest 100,000.

Zinc Resources at December 31, 2025 (1)(2)
									Measured Resource																		Indicated Resource																		Measured and Indicated Resource																		Inferred Resource
Deposits/Districts			Newmont Share						Tonnage (000 tonnes)						Grade (Zn%)						Tonnes (3) (000)						Tonnage (000 tonnes)						Grade (Zn%)						Tonnes (3) (000)						Tonnage (000 tonnes)						Grade (Zn%)						Tonnes (3) (000)						Tonnage (000 tonnes)						Grade (Zn%)						Tonnes (3) (000)						Metallurgical Recovery (3)
Peñasquito, Mexico			100%						52,800						0.72%						400						172,100						0.57%						1,000						224,900						0.60%						1,400						9,200						0.5%						—						82%
Total Zinc									52,800						0.72%						400						172,100						0.57%						1,000						224,900						0.60%						1,400						9,200						0.5%						—						82%

Zinc Resources at December 31, 2024 (1)(2)
									Measured Resource																		Indicated Resource																		Measured and Indicated Resource																		Inferred Resource
Deposits/Districts			Newmont Share						Tonnage (000 tonnes)						Grade (Zn%)						Tonnes (3) (000)						Tonnage (000 tonnes)						Grade (Zn%)						Tonnes (3) (000)						Tonnage (000 tonnes)						Grade (Zn%)						Tonnes (3) (000)						Tonnage (000 tonnes)						Grade (Zn%)						Tonnes (3) (000)						Metallurgical Recovery (3)
Peñasquito, Mexico			100%						48,200						0.69%						300						163,100						0.55%						900						211,300						0.59%						1,200						21,100						0.6%						100						81%
Total Zinc									48,200						0.69%						300						163,100						0.55%						900						211,300						0.59%						1,200						21,100						0.6%						100						81%

____________________________

(1)Resources are reported exclusive of reserves.

(2)At December 31, 2025 and 2024, zinc resources were estimated at a zinc price of $1.30 per pound. Tonnage amounts have been rounded to the nearest 100,000.

(3)Tonnes are estimates of metal contained in ore tonnages and do not include allowances for processing losses. Metallurgical recovery rates represent the estimated amount of metal to be recovered through metallurgical extraction processes. Tonnes may not recalculate as they are rounded to the nearest 100,000.

Molybdenum Resources at December 31, 2025 (1)(2)
									Measured Resource																		Indicated Resource																		Measured and Indicated Resource																		Inferred Resource
Deposits/Districts			Newmont Share						Tonnage (000 tonnes)						Grade (Mo%)						Tonnes (3) (000)						Tonnage (000 tonnes)						Grade (Mo%)						Tonnes (3) (000)						Tonnage (000 tonnes)						Grade (Mo%)						Tonnes (3) (000)						Tonnage (000 tonnes)						Grade (Mo%)						Tonnes (3) (000)						Metallurgical Recovery (3)
Cadia, Australia			100%						—						—%						—						938,100						0.01%						100						938,100						0.01%						100						124,200						—%						—						67%
NuevaUnión, Chile (4)			50%						159,500						0.01%						—						231,500						0.01%						—						391,000						0.01%						—						362,300						—%						—						52%
Total Molybdenum									159,500						0.01%						—						1,169,600						0.01%						100						1,329,100						0.01%						100						486,500						—%						—						59%

Molybdenum Resources at December 31, 2024 (1)(2)
									Measured Resource																		Indicated Resource																		Measured and Indicated Resource																		Inferred Resource
Deposits/Districts			Newmont Share						Tonnage (000 tonnes)						Grade (Mo%)						Tonnes (3) (000)						Tonnage (000 tonnes)						Grade (Mo%)						Tonnes (3) (000)						Tonnage (000 tonnes)						Grade (Mo%)						Tonnes (3) (000)						Tonnage (000 tonnes)						Grade (Mo%)						Tonnes (3) (000)						Metallurgical Recovery (3)
Cadia, Australia			100%						—						—%						—						1,173,900						0.01%						100						1,173,900						0.01%						100						509,600						—%						—						72%
NuevaUnión, Chile (4)			50%						159,500						0.01%						—						231,500						0.01%						—						391,000						0.01%						—						362,300						—%						—						52%
Total Molybdenum									159,500						0.01%						—						1,405,400						0.01%						100						1,564,900						0.01%						100						872,000						—%						100						62%

____________________________

(1)Resources are reported exclusive of reserves.

(2)At December 31, 2025 and 2024, molybdenum resources at sites in which Newmont is the operator were estimated at a molybdenum price of $16 per pound, unless otherwise noted. Tonnage amounts have been rounded to the nearest 100,000.

(3)Tonnes are estimates of metal contained in ore tonnages and do not include allowances for processing losses. Metallurgical recovery rates represent the estimated amount of metal to be recovered through metallurgical extraction processes. Tonnes may not recalculate as they are rounded to the nearest 100,000.

(4)Project is currently undeveloped and is included in Corporate and Other in Note 4 to the Consolidated Financial Statements. Molybdenum resources at December 31, 2025 were estimated at a molybdenum price of $10 per pound. Molybdenum resources at December 31, 2025 and 2024 were provided by the NuevaUnión joint venture.