Newmont Reports 2025 Mineral Reserves of 118.2 Million Gold Ounces and 12.5 Million Tonnes of Copper

1

Compared to 2024 reserves disclosed by gold mining companies in 2025

2

Exclusive of Mineral Reserves

3

Assets divested in 2025 were CC&V, United States; Musselwhite, Canada; Porcupine, Canada; Éléonore, Canada; and Akyem, Ghana.

4

Total resources presented includes Measured and Indicated resources of 88.1 million attributable gold ounces and Inferred resources of 60.6 million attributable gold ounces. See cautionary statement at the end of this release.

5

Net Conversion inclusive of ounces reclassified from reserves to resources.

6

Assets divested in 2025 were CC&V, United States; Musselwhite, Canada; Porcupine, Canada; Éléonore, Canada; and Akyem, Ghana.

7

Includes Measured and Indicated as well as Inferred resources. See detailed tables that follow.

KEY RESERVE AND RESOURCE ASSUMPTIONS⁸

At December 31,

2025

2024

Gold Reserves ($/oz)

$2,000

$1,700

Gold Resources ($/oz)

$2,300

$2,000

Copper Reserves ($/lb)

$3.75

$3.50

Copper Resources ($/lb)

$4.25

$4.00

Silver Reserves ($/oz)

$25.00

$20.00

Silver Resources ($/oz)

$28.00

$23.00

Lead Reserves ($/lb)

$0.90

$0.90

Lead Resources ($/lb)

$1.00

$1.00

Zinc Reserves ($/lb)

$1.20

$1.20

Zinc Resources ($/lb)

$1.30

$1.30

Molybdenum Reserves ($/lb)

$13.00

$13.00

Molybdenum Resources ($/lb)

$16.00

$16.00

Australian Dollar (A$:US$)

$0.70

$0.70

Canadian Dollar (C$:US$)

$0.75

$0.75

West Texas Intermediate ($/bbl)

$75.00

$75.00

8

For 2025 and 2024, Newmont reserves and resources were estimated using the price assumptions noted, except for certain sites as detailed in the footnotes of the reserves and resources tables below.

Gold Reserves ⁽¹⁾

December 31, 2025

December 31, 2024

Proven Reserves

Probable Reserves

Proven and Probable Reserves

Proven and Probable Reserves

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)

Metallurgical

Recovery ⁽³⁾

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

%

125,900

2.86

11,600

Lihir Stockpiles ⁽⁴⁾

100

%

—

—

—

72,300

1.65

3,800

72,300

1.65

3,800

76

%

77,100

1.68

4,200

Total Lihir, Papua New

Guinea ⁽⁵⁾

100

%

—

—

—

220,200

2.26

16,000

220,200

2.26

16,000

76

%

203,000

2.41

15,800

Wafi-Golpu, Papua New Guinea ⁽⁶⁾⁽⁷⁾

50

%

—

—

—

194,500

0.82

5,100

194,500

0.82

5,100

68

%

194,500

0.82

5,100

Cadia, Australia ⁽⁸⁾

100

%

—

—

—

1,007,600

0.42

13,500

1,007,600

0.42

13,500

81

%

1,051,800

0.42

14,100

Tanami, Australia

100

%

10,100

4.88

1,600

22,700

5.10

3,700

32,800

5.03

5,300

98

%

29,900

5.27

5,100

Boddington Open Pit

100

%

265,300

0.62

5,300

216,300

0.58

4,100

481,700

0.60

9,300

85

%

495,700

0.62

9,900

Boddington Stockpiles ⁽⁴⁾

100

%

5,600

0.56

100

57,800

0.43

800

63,400

0.44

900

84

%

64,100

0.43

900

Total Boddington, Australia ⁽⁹⁾

100

%

271,000

0.61

5,400

274,100

0.55

4,900

545,100

0.58

10,200

85

%

559,800

0.60

10,800

Ahafo South Open Pit ⁽¹⁰⁾

100

%

2,500

1.16

100

40,900

1.48

1,900

43,400

1.46

2,000

88

%

42,000

1.63

2,200

Ahafo South Underground ⁽¹¹⁾

100

%

9,400

2.51

800

10,000

2.23

700

19,400

2.37

1,500

94

%

21,300

2.54

1,700

Ahafo South Stockpiles ^(4)(12)

100

%

18,500

0.94

600

—

—

—

18,500

0.94

600

91

%

21,700

0.97

700

Total Ahafo South, Ghana

100

%

30,400

1.44

1,400

50,900

1.63

2,700

81,300

1.56

4,100

91

%

85,000

1.69

4,600

Ahafo North, Ghana ⁽¹³⁾

100

%

—

—

—

65,500

2.23

4,700

65,500

2.23

4,700

89

%

62,000

2.32

4,600

Total Ahafo Complex, Ghana

100

%

30,400

1.44

1,400

116,500

1.97

7,400

146,900

1.86

8,800

90

%

147,000

1.96

9,200

Merian, Suriname

75

%

24,800

1.21

1,000

104,600

1.06

3,600

129,400

1.09

4,500

93

%

110,700

1.16

4,100

Cerro Negro, Argentina

100

%

2,200

11.20

800

6,800

10.38

2,300

9,000

10.58

3,000

94

%

9,300

10.82

3,200

Pueblo Viejo Open Pit

40

%

35,800

2.22

2,600

51,300

1.95

3,200

87,100

2.06

5,800

81

%

81,700

2.13

5,600

Pueblo Viejo Stockpiles ⁽⁴⁾

40

%

—

—

—

36,900

2.04

2,400

36,900

2.04

2,400

81

%

38,800

2.07

2,600

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

%

120,500

2.11

8,200

NuevaUnión, Chile ^(7)(15)

50

%

—

—

—

341,100

0.47

5,100

341,100

0.47

5,100

66

%

341,100

0.47

5,100

Norte Abierto, Chile ^(7)(16)

50

%

—

—

—

521,100

0.65

10,800

521,100

0.65

10,800

86

%

598,800

0.60

11,600

Yanacocha, Peru

100

%

18,800

0.81

500

—

—

—

18,800

0.81

500

71

%

126,400

1.31

5,300

Peñasquito Open Pits

100

%

79,500

0.54

1,400

114,800

0.44

1,600

194,300

0.48

3,000

62

%

224,700

0.52

3,800

Peñasquito Stockpiles ⁽⁴⁾

100

%

4,900

0.44

100

21,800

0.21

100

26,700

0.25

200

45

%

32,000

0.26

300

Total Peñasquito, Mexico

100

%

84,400

0.53

1,400

136,600

0.40

1,800

221,000

0.45

3,200

61

%

256,600

0.49

4,100

Red Chris, Canada ⁽¹⁷⁾

70

%

2,600

0.32

—

178,900

0.63

3,600

181,500

0.62

3,600

69

%

186,400

0.62

3,700

Brucejack, Canada

100

%

—

—

—

13,500

6.65

2,900

13,500

6.65

2,900

96

%

8,600

6.95

1,900

NGM Open Pit ⁽¹⁸⁾

38.5

%

—

—

—

131,100

1.02

4,300

131,100

1.02

4,300

75

%

124,200

1.16

4,600

NGM Stockpiles ^(4)(19)

38.5

%

6,800

1.29

300

20,800

2.35

1,600

27,600

2.09

1,800

67

%

29,200

2.08

2,000

NGM Underground ⁽²⁰⁾

38.5

%

4,200

11.67

1,600

37,900

7.93

9,700

42,100

8.30

11,200

84

%

43,700

8.06

11,300

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

%

197,100

2.82

17,900

Divested ⁽²²⁾

CC&V Open Pit

115,600

0.43

1,600

CC&V Leach Pads ⁽²³⁾

34,600

0.73

800

Total CC&V, United States

150,200

0.50

2,400

Musselwhite, Canada

7,400

6.43

1,500

Porcupine Underground

4,400

6.46

900

Porcupine Open Pit

30,600

1.46

1,500

Total Porcupine, Canada

34,900

2.09

2,300

Éléonore, Canada

10,100

5.05

1,600

Akyem Open Pit

18,200

1.54

900

Akyem Stockpiles ⁽⁴⁾

700

0.72

—

Total Akyem, Ghana

19,000

1.51

900

Total Gold

490,900

1.04

16,500

3,416,100

0.93

101,800

3,907,000

0.94

118,200

81

%

4,363,000

0.96

134,100

____________________________

(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.

Gold 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

(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

—

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 ⁽¹⁾⁽²⁾ – December 31, 2024

Measured Resource

Indicated Resource

Measured and Indicated Resource

Inferred Resource

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

%

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 Reserves ⁽¹⁾

December 31, 2025

December 31, 2024

Proven Reserves

Probable Reserves

Proven and Probable Reserves

Proven and Probable Reserves

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)

Metallurgical Recovery ⁽³⁾

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

%

194,500

1.20

%

2,300

Cadia, Australia ⁽⁶⁾

100

%

—

—

%

—

1,007,600

0.29

%

2,900

1,007,600

0.29

%

2,900

87

%

1,051,800

0.29

%

3,100

Boddington, Australia ⁽⁷⁾

100

%

271,000

0.09

%

200

274,100

0.10

%

300

545,100

0.09

%

500

81

%

559,800

0.09

%

500

NuevaUnión, Chile ⁽⁵⁾⁽⁸⁾

50

%

—

—

%

—

1,118,000

0.40

%

4,400

1,118,000

0.40

%

4,400

88

%

1,118,000

0.40

%

4,400

Norte Abierto, Chile ⁽⁵⁾⁽⁹⁾

50

%

—

—

%

—

521,100

0.24

%

1,200

521,100

0.24

%

1,200

79

%

598,800

0.22

%

1,300

Yanacocha, Peru

100

%

—

—

%

—

—

—

%

—

—

—

%

—

—

%

111,100

0.63

%

700

Red Chris, Canada ⁽¹⁰⁾

70

%

2,600

0.41

%

—

178,900

0.52

%

900

181,500

0.52

%

900

84

%

186,400

0.52

%

1,000

NGM, United States ⁽¹¹⁾

38.5

%

3,700

0.15

%

—

76,500

0.18

%

100

80,200

0.18

%

100

68

%

75,400

0.18

%

100

Total Copper

277,300

0.09

%

200

3,370,700

0.36

%

12,300

3,648,000

0.34

%

12,500

87

%

3,895,800

0.35

%

13,500

____________________________

(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.

Copper Resources ⁽¹⁾⁽²⁾ – December 31, 2025

Measured Resource

Indicated Resource

Measured and Indicated Resource

Inferred Resource

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

%