{"product_id":"nem-business-model-canvas","title":"Newmont Corporation (NEM): Business Model Canvas [June-2026 Updated]","description":"\u003cp\u003eThis ready-made Business Model Canvas gives you a practical, research-based snapshot of Newmont Corporation, showing how \u003cstrong\u003e10\u003c\/strong\u003e long-life top-tier operating assets, the Nevada Gold Mines joint venture with Barrick Gold, and autonomous, AI, and monitoring systems support gold, copper, silver, zinc, and lead production. You'll see the core customer segments, direct commodity channels, revenue streams from metal sales and asset monetization, major cost drivers like operating costs, taxes, development capital, and compliance, and the shareholder-return focus built around dividends and share repurchases.\u003c\/p\u003e\u003ch2\u003eNewmont Corporation - Canvas Business Model: Key Partnerships\u003c\/h2\u003e\n\u003cp\u003eNewmont Corporation's most important partnership is Nevada Gold Mines, where Barrick Gold owns \u003cstrong\u003e61.5%\u003c\/strong\u003e and Newmont owns \u003cstrong\u003e38.5%\u003c\/strong\u003e. The joint venture began in \u003cstrong\u003e2019\u003c\/strong\u003e, so Newmont keeps exposure to a major Nevada asset base without funding \u003cstrong\u003e100%\u003c\/strong\u003e of the operating and capital burden.\u003c\/p\u003e\n\n\u003ctable\u003e\n\u003ctr\u003e\n\u003ctd\u003ePartnership area\u003c\/td\u003e\n\u003ctd\u003eReal-life counterpart\u003c\/td\u003e\n\u003ctd\u003eNumber or date\u003c\/td\u003e\n\u003ctd\u003eBusiness model role\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eNevada Gold Mines joint venture\u003c\/td\u003e\n\u003ctd\u003eBarrick Gold and Newmont Corporation\u003c\/td\u003e\n\u003ctd\u003e\n\u003cstrong\u003e61.5%\u003c\/strong\u003e Barrick Gold, \u003cstrong\u003e38.5%\u003c\/strong\u003e Newmont Corporation, started in \u003cstrong\u003e2019\u003c\/strong\u003e\n\u003c\/td\u003e\n\u003ctd\u003eShared control, shared costs, shared mine-life exposure\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eRefining and bullion sales\u003c\/td\u003e\n\u003ctd\u003eGold refiners and metal buyers\u003c\/td\u003e\n\u003ctd\u003e\n\u003cstrong\u003e99.5%\u003c\/strong\u003e fineness, roughly \u003cstrong\u003e400\u003c\/strong\u003e troy ounces for a standard gold bar\u003c\/td\u003e\n\u003ctd\u003eTurns doré into marketable bullion and converts ounces into cash\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePortfolio expansion and counterparties\u003c\/td\u003e\n\u003ctd\u003eNewcrest Mining assets after acquisition close\u003c\/td\u003e\n\u003ctd\u003e\u003cstrong\u003eNovember 6, 2023\u003c\/strong\u003e\u003c\/td\u003e\n\u003ctd\u003eExpanded Newmont's operating footprint and regulator set\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eOwnership structure risk control\u003c\/td\u003e\n\u003ctd\u003eJoint venture model\u003c\/td\u003e\n\u003ctd\u003e\n\u003cstrong\u003e100%\u003c\/strong\u003e not required at Nevada Gold Mines\u003c\/td\u003e\n\u003ctd\u003eReduces single-asset concentration and spreads capital needs\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/table\u003e\n\n\u003cp\u003eHost governments and regulators are a core partnership because mining cash flow depends on permits, environmental approvals, water rights, land access, tax filings, and closure obligations. Newmont cannot mine, process, or export metal without state, provincial, federal, and local approvals, so regulatory timing directly affects production timing and revenue timing.\u003c\/p\u003e\n\n\u003cp\u003eMining contractors, equipment makers, and technology vendors sit inside Newmont's operating model because large-scale mining depends on third-party drilling, blasting, hauling, crushing, grinding, maintenance, and automation systems. These relationships matter because a truck fleet, mill, or control system failure can reduce ounces produced and raise unit costs.\u003c\/p\u003e\n\n\u003cp\u003eLocal communities and Indigenous stakeholders shape access to land, labor, resettlement terms, consultation schedules, and closure plans. In mining, legal title is not enough on its own; Newmont also needs a social license to operate, which means community support, negotiated agreements, and stable local relationships over long mine lives.\u003c\/p\u003e\n\n\u003cp\u003eRefiners, smelters, and metal buyers are the last step before revenue becomes cash. Gold is typically converted into refined bullion that meets \u003cstrong\u003e99.5%\u003c\/strong\u003e purity, while concentrates from copper and other by-products move through smelting and offtake channels before final sale. The quality of these partnerships affects payable metal, settlement speed, and realized prices.\u003c\/p\u003e\n\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003e61.5%\u003c\/strong\u003e \/ \u003cstrong\u003e38.5%\u003c\/strong\u003e ownership is the key structural number at Nevada Gold Mines.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e2019\u003c\/strong\u003e is the year the Nevada Gold Mines joint venture started.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eNovember 6, 2023\u003c\/strong\u003e is the close date for the Newcrest acquisition.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e99.5%\u003c\/strong\u003e is the relevant bullion fineness standard for refined gold.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e400\u003c\/strong\u003e troy ounces is the approximate standard weight for a gold bar in the downstream market.\u003c\/li\u003e\n\u003c\/ul\u003e\u003ch2\u003eNewmont Corporation - Canvas Business Model: Key Activities\u003c\/h2\u003e\n\u003cp\u003e\u003cstrong\u003e6.85 million ounces\u003c\/strong\u003e of attributable gold production in 2024, \u003cstrong\u003e$2 billion\u003c\/strong\u003e of divestiture targets, \u003cstrong\u003e$500 million\u003c\/strong\u003e of annual synergies, and a \u003cstrong\u003e$0.25\u003c\/strong\u003e quarterly dividend define the activity base.\u003c\/p\u003e\n\u003ctable\u003e\n\u003ctr\u003e\n\u003cth\u003eKey activity\u003c\/th\u003e\n\u003cth\u003eReal-life number or amount\u003c\/th\u003e\n\u003cth\u003eCompany Name relevance\u003c\/th\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eMining, processing, and selling gold, copper, and silver\u003c\/td\u003e\n\u003ctd\u003e\n\u003cstrong\u003e6.85 million ounces\u003c\/strong\u003e attributable gold production in 2024\u003c\/td\u003e\n\u003ctd\u003eCore operating volume and sales engine\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eSafe and disciplined operation of Tier 1 mines\u003c\/td\u003e\n\u003ctd\u003e\n\u003cstrong\u003eNovember 6, 2023\u003c\/strong\u003e Newcrest acquisition close date\u003c\/td\u003e\n\u003ctd\u003eExpanded operating base and mine portfolio\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePortfolio optimization and divestiture execution\u003c\/td\u003e\n\u003ctd\u003e\n\u003cstrong\u003e$2 billion\u003c\/strong\u003e divestiture target; \u003cstrong\u003e$500 million\u003c\/strong\u003e annual run-rate synergies\u003c\/td\u003e\n\u003ctd\u003eAsset mix simplification and cost reduction\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDevelopment of Cadia, Tanami, and Red Chris\u003c\/td\u003e\n\u003ctd\u003e\n\u003cstrong\u003e3\u003c\/strong\u003e major growth assets\u003c\/td\u003e\n\u003ctd\u003eBrownfield development pipeline\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eShare repurchases and dividend capital allocation\u003c\/td\u003e\n\u003ctd\u003e\n\u003cstrong\u003e$0.25\u003c\/strong\u003e quarterly dividend; \u003cstrong\u003e$1.00\u003c\/strong\u003e annualized dividend\u003c\/td\u003e\n\u003ctd\u003eCash return to shareholders\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/table\u003e\n\u003cp\u003e\u003cstrong\u003e3\u003c\/strong\u003e growth assets sit in the development pipeline, while the operating model still depends on the production base that delivered \u003cstrong\u003e6.85 million ounces\u003c\/strong\u003e in 2024.\u003c\/p\u003e\n\u003ch2\u003eNewmont Corporation - Canvas Business Model: Key Resources\u003c\/h2\u003e\n\u003cp\u003e\u003cstrong\u003e10\u003c\/strong\u003e long-life top-tier operating assets, \u003cstrong\u003e134.1 million ounces\u003c\/strong\u003e of gold Mineral Reserves, \u003cstrong\u003e$3.2 billion\u003c\/strong\u003e of cash and cash equivalents, \u003cstrong\u003e22,200\u003c\/strong\u003e employees and contractors, and \u003cstrong\u003e2\u003c\/strong\u003e autonomous haulage sites.\u003c\/p\u003e\n\n\u003ctable\u003e\n\u003ctr\u003e\n\u003cth\u003eKey resource\u003c\/th\u003e\n\u003cth\u003eAmount\u003c\/th\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eLong-life top-tier operating assets\u003c\/td\u003e\n\u003ctd\u003e\u003cstrong\u003e10\u003c\/strong\u003e\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eGold Mineral Reserves\u003c\/td\u003e\n\u003ctd\u003e\u003cstrong\u003e134.1 million ounces\u003c\/strong\u003e\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eOperating continents\u003c\/td\u003e\n\u003ctd\u003e\u003cstrong\u003e5\u003c\/strong\u003e\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCash and cash equivalents\u003c\/td\u003e\n\u003ctd\u003e\u003cstrong\u003e$3.2 billion\u003c\/strong\u003e\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eEmployees and contractors\u003c\/td\u003e\n\u003ctd\u003e\u003cstrong\u003e22,200\u003c\/strong\u003e\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eAutonomous haulage sites\u003c\/td\u003e\n\u003ctd\u003e\u003cstrong\u003e2\u003c\/strong\u003e\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/table\u003e\n\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e10\u003c\/strong\u003e long-life top-tier operating assets\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e134.1 million ounces\u003c\/strong\u003e of gold Mineral Reserves\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e5\u003c\/strong\u003e operating continents\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e$3.2 billion\u003c\/strong\u003e cash and cash equivalents\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e22,200\u003c\/strong\u003e employees and contractors\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e2\u003c\/strong\u003e autonomous haulage sites\u003c\/li\u003e\n\u003c\/ul\u003e\n\n\u003ctable\u003e\n\u003ctr\u003e\n\u003cth\u003eAutonomous and monitoring resource\u003c\/th\u003e\n\u003cth\u003eAmount\u003c\/th\u003e\n\u003cth\u003eSite\u003c\/th\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eAutonomous haulage\u003c\/td\u003e\n\u003ctd\u003e\u003cstrong\u003e2\u003c\/strong\u003e\u003c\/td\u003e\n\u003ctd\u003eBoddington; Cadia\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/table\u003e\u003ch2\u003eNewmont Corporation - Canvas Business Model: Value Propositions\u003c\/h2\u003e\n\u003cp\u003e\u003cstrong\u003e6.85 million\u003c\/strong\u003e attributable gold ounces in \u003cstrong\u003e2024\u003c\/strong\u003e, a quarterly dividend of \u003cstrong\u003e$0.25\u003c\/strong\u003e per share, and gold prices above \u003cstrong\u003e$3,000\u003c\/strong\u003e per ounce in \u003cstrong\u003e2025\u003c\/strong\u003e frame the company's value proposition.\u003c\/p\u003e\n\u003cp\u003eFree cash flow was \u003cstrong\u003e$2.9 billion\u003c\/strong\u003e in \u003cstrong\u003e2024\u003c\/strong\u003e, and the share repurchase authorization was \u003cstrong\u003e$3.0 billion\u003c\/strong\u003e.\u003c\/p\u003e\n\n\u003ctable\u003e\n\u003ctr\u003e\n\u003cth\u003eValue proposition\u003c\/th\u003e\n\u003cth\u003eReal-life number or amount\u003c\/th\u003e\n\u003cth\u003eRelated late-2025 data point\u003c\/th\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eLargest global gold producer\u003c\/td\u003e\n\u003ctd\u003e\n\u003cstrong\u003e6.85 million\u003c\/strong\u003e attributable gold ounces\u003c\/td\u003e\n \u003ctd\u003e\n\u003cstrong\u003e2024\u003c\/strong\u003e production\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eHigh free cash flow from record gold prices\u003c\/td\u003e\n \u003ctd\u003e\n\u003cstrong\u003e$2.9 billion\u003c\/strong\u003e free cash flow\u003c\/td\u003e\n \u003ctd\u003e\u003cstrong\u003e2024\u003c\/strong\u003e\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eStrong shareholder returns via buybacks and dividends\u003c\/td\u003e\n \u003ctd\u003e\n\u003cstrong\u003e$0.25\u003c\/strong\u003e quarterly dividend per share; \u003cstrong\u003e$1.00\u003c\/strong\u003e annualized dividend per share; \u003cstrong\u003e$3.0 billion\u003c\/strong\u003e share repurchase authorization\u003c\/td\u003e\n \u003ctd\u003e\n\u003cstrong\u003e2024\u003c\/strong\u003e to \u003cstrong\u003e2025\u003c\/strong\u003e\n\u003c\/td\u003e\n \u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eLong-life, low-risk Tier 1 asset portfolio\u003c\/td\u003e\n \u003ctd\u003e\n\u003cstrong\u003e38.5%\u003c\/strong\u003e interest in Nevada Gold Mines; \u003cstrong\u003e100%\u003c\/strong\u003e ownership in Boddington, Cadia, Tanami, Lihir, Ahafo, Peñasquito, and Cerro Negro\u003c\/td\u003e\n \u003ctd\u003eLate \u003cstrong\u003e2025\u003c\/strong\u003e portfolio\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eMulti-metal exposure\u003c\/td\u003e\n\u003ctd\u003eGold, copper, silver, zinc, lead\u003c\/td\u003e\n\u003ctd\u003eAsset mix across the portfolio\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/table\u003e\n\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003e6.85 million\u003c\/strong\u003e attributable gold ounces in \u003cstrong\u003e2024\u003c\/strong\u003e\n\u003c\/li\u003e\n \u003cli\u003e\n\u003cstrong\u003e$2.9 billion\u003c\/strong\u003e free cash flow in \u003cstrong\u003e2024\u003c\/strong\u003e\n\u003c\/li\u003e\n \u003cli\u003e\n\u003cstrong\u003e$0.25\u003c\/strong\u003e quarterly dividend per share\u003c\/li\u003e\n \u003cli\u003e\n\u003cstrong\u003e$1.00\u003c\/strong\u003e annualized dividend per share\u003c\/li\u003e\n \u003cli\u003e\n\u003cstrong\u003e$3.0 billion\u003c\/strong\u003e share repurchase authorization\u003c\/li\u003e\n \u003cli\u003e\n\u003cstrong\u003e38.5%\u003c\/strong\u003e interest in Nevada Gold Mines\u003c\/li\u003e\n \u003cli\u003e\n\u003cstrong\u003e100%\u003c\/strong\u003e ownership in Boddington, Cadia, Tanami, Lihir, Ahafo, Peñasquito, and Cerro Negro\u003c\/li\u003e\n\u003c\/ul\u003e\n\n\u003ctable\u003e\n\u003ctr\u003e\n\u003cth\u003eAsset\u003c\/th\u003e\n\u003cth\u003eOwnership\u003c\/th\u003e\n\u003cth\u003eMetals\u003c\/th\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eNevada Gold Mines\u003c\/td\u003e\n\u003ctd\u003e\u003cstrong\u003e38.5%\u003c\/strong\u003e\u003c\/td\u003e\n\u003ctd\u003eGold\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eBoddington\u003c\/td\u003e\n\u003ctd\u003e\u003cstrong\u003e100%\u003c\/strong\u003e\u003c\/td\u003e\n\u003ctd\u003eGold, copper\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCadia\u003c\/td\u003e\n\u003ctd\u003e\u003cstrong\u003e100%\u003c\/strong\u003e\u003c\/td\u003e\n\u003ctd\u003eGold, copper\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eTanami\u003c\/td\u003e\n\u003ctd\u003e\u003cstrong\u003e100%\u003c\/strong\u003e\u003c\/td\u003e\n\u003ctd\u003eGold\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eLihir\u003c\/td\u003e\n\u003ctd\u003e\u003cstrong\u003e100%\u003c\/strong\u003e\u003c\/td\u003e\n\u003ctd\u003eGold\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eAhafo\u003c\/td\u003e\n\u003ctd\u003e\u003cstrong\u003e100%\u003c\/strong\u003e\u003c\/td\u003e\n\u003ctd\u003eGold\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePeñasquito\u003c\/td\u003e\n\u003ctd\u003e\u003cstrong\u003e100%\u003c\/strong\u003e\u003c\/td\u003e\n\u003ctd\u003eGold, silver, zinc, lead\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCerro Negro\u003c\/td\u003e\n\u003ctd\u003e\u003cstrong\u003e100%\u003c\/strong\u003e\u003c\/td\u003e\n\u003ctd\u003eGold, silver\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/table\u003e\n\n\u003cp\u003ePeñasquito includes \u003cstrong\u003e4\u003c\/strong\u003e metals: gold, silver, zinc, and lead.\u003c\/p\u003e\n\u003cp\u003eBoddington and Cadia each add \u003cstrong\u003e2\u003c\/strong\u003e metals: gold and copper.\u003c\/p\u003e\n\u003cp\u003eGold prices above \u003cstrong\u003e$3,000\u003c\/strong\u003e per ounce in \u003cstrong\u003e2025\u003c\/strong\u003e and a \u003cstrong\u003e$2.9 billion\u003c\/strong\u003e free cash flow base in \u003cstrong\u003e2024\u003c\/strong\u003e sit alongside a \u003cstrong\u003e$1.00\u003c\/strong\u003e per share annualized dividend.\u003c\/p\u003e\u003ch2\u003eNewmont Corporation - Canvas Business Model: Customer Relationships\u003c\/h2\u003e\n\u003cp\u003eNewmont Corporation's customer relationships are built around \u003cstrong\u003e4\u003c\/strong\u003e quarterly investor updates, wholesale commodity sales, and compliance reporting, not retail customer loyalty. In 2023, Newmont reported \u003cstrong\u003e$11.8 billion\u003c\/strong\u003e in revenue and \u003cstrong\u003e5.5 million\u003c\/strong\u003e ounces of gold production.\u003c\/p\u003e\n\n\u003cp\u003eLong-term B2B commodity supply relationships matter because a miner selling \u003cstrong\u003e5.5 million\u003c\/strong\u003e ounces of gold a year depends on repeat wholesale counterparties, not one-off buyers. The relationship is based on price, delivery, and volume, and those three variables are easier to manage when production is measured in millions of ounces.\u003c\/p\u003e\n\n\u003ctable\u003e\n\u003ctr\u003e\n\u003ctd\u003eRelationship area\u003c\/td\u003e\n\u003ctd\u003eNumeric data point\u003c\/td\u003e\n\u003ctd\u003eRelationship effect\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eWholesale commodity supply\u003c\/td\u003e\n\u003ctd\u003e\n\u003cstrong\u003e$11.8 billion\u003c\/strong\u003e revenue in 2023; \u003cstrong\u003e5.5 million\u003c\/strong\u003e ounces of gold production\u003c\/td\u003e\n\u003ctd\u003eSupports recurring B2B sales\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eInstitutional investor engagement\u003c\/td\u003e\n\u003ctd\u003e\n\u003cstrong\u003e4\u003c\/strong\u003e quarterly reporting cycles each year\u003c\/td\u003e\n\u003ctd\u003eGives funds and analysts regular operating updates\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eRegular financial and sustainability reporting\u003c\/td\u003e\n\u003ctd\u003e\n\u003cstrong\u003e1\u003c\/strong\u003e annual report; \u003cstrong\u003e1\u003c\/strong\u003e sustainability report\u003c\/td\u003e\n\u003ctd\u003eReduces information gaps on costs, production, and ESG performance\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eShareholder return commitment\u003c\/td\u003e\n\u003ctd\u003e\n\u003cstrong\u003e2\u003c\/strong\u003e return tools: dividends and share repurchases; quarterly dividend of \u003cstrong\u003e$0.25\u003c\/strong\u003e per share\u003c\/td\u003e\n\u003ctd\u003eLinks capital return to cash generation\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCompliance-driven relationships\u003c\/td\u003e\n\u003ctd\u003e\n\u003cstrong\u003e1\u003c\/strong\u003e annual 10-K; \u003cstrong\u003e3\u003c\/strong\u003e quarterly 10-Q filings\u003c\/td\u003e\n\u003ctd\u003eSupports regulatory, lender, and partner trust\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/table\u003e\n\n\u003cp\u003eInstitutional investor engagement depends on the same \u003cstrong\u003e4\u003c\/strong\u003e quarterly rhythm that drives guidance, earnings calls, and valuation updates. For a company with a commodity-linked earnings profile, that cadence matters because investors reprice cash flow quickly when output or costs change.\u003c\/p\u003e\n\n\u003cp\u003eRegular earnings, guidance, and sustainability reporting are part of the relationship model because Newmont has to keep investors aligned on production and cost metrics. The scale of \u003cstrong\u003e$11.8 billion\u003c\/strong\u003e in revenue makes quarterly disclosure more than a formality; it is the main channel for keeping the capital market informed.\u003c\/p\u003e\n\n\u003cp\u003eShareholder return commitment has \u003cstrong\u003e2\u003c\/strong\u003e parts: dividends and share repurchases. The dividend is measurable at \u003cstrong\u003e$0.25\u003c\/strong\u003e per share each quarter, which gives equity holders a recurring cash-return signal even when gold prices move.\u003c\/p\u003e\n\n\u003cp\u003eCompliance-driven relationships are also part of the canvas because mining depends on permits, filings, and local operating approvals. Newmont's public reporting stack of \u003cstrong\u003e1\u003c\/strong\u003e annual 10-K and \u003cstrong\u003e3\u003c\/strong\u003e quarterly 10-Q filings creates a formal relationship with regulators, auditors, lenders, and joint-venture partners.\u003c\/p\u003e\n\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003e4\u003c\/strong\u003e quarterly investor touchpoints each year\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e1\u003c\/strong\u003e annual report\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e1\u003c\/strong\u003e sustainability report\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e2\u003c\/strong\u003e shareholder return channels\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e$0.25\u003c\/strong\u003e quarterly dividend per share\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e$11.8 billion\u003c\/strong\u003e 2023 revenue\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e5.5 million\u003c\/strong\u003e ounces of gold production\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e1\u003c\/strong\u003e annual 10-K filing\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e3\u003c\/strong\u003e quarterly 10-Q filings\u003c\/li\u003e\n\u003c\/ul\u003e\u003ch2\u003eNewmont Corporation - Canvas Business Model: Channels\u003c\/h2\u003e\n\u003cp\u003e\u003cstrong\u003e2\u003c\/strong\u003e public equity listings, \u003cstrong\u003e4\u003c\/strong\u003e quarterly earnings calls, \u003cstrong\u003e3\u003c\/strong\u003e Form 10-Q filings, and \u003cstrong\u003e1\u003c\/strong\u003e Form 10-K filing are the main investor channels. Physical sales move through commodity pricing in \u003cstrong\u003e$\u003c\/strong\u003e\/oz and \u003cstrong\u003e$\u003c\/strong\u003e\/lb.\u003c\/p\u003e\n\n\u003cp\u003eDirect sales into global commodity markets run through institutional metal pricing, not retail distribution. The core channel is physical output sold at benchmark-linked prices in \u003cstrong\u003e$\u003c\/strong\u003e\/oz for gold and \u003cstrong\u003e$\u003c\/strong\u003e\/lb for copper, with refinery and industrial buyer routes sitting between mine output and final end use.\u003c\/p\u003e\n\n\u003cul\u003e\n\u003cli\u003eGold, copper, silver, lead, zinc\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e$\u003c\/strong\u003e\/oz\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e$\u003c\/strong\u003e\/lb\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e2\u003c\/strong\u003e physical channel types: bullion\/refinery and industrial metal\u003c\/li\u003e\n\u003c\/ul\u003e\n\n\u003ctable\u003e\n\u003ctr\u003e\n\u003cth\u003eChannel\u003c\/th\u003e\n\u003cth\u003eReal-life numbers or amounts\u003c\/th\u003e\n\u003cth\u003eChannel role\u003c\/th\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDirect sales into global commodity markets\u003c\/td\u003e\n\u003ctd\u003e\n\u003cstrong\u003e$\u003c\/strong\u003e\/oz, \u003cstrong\u003e$\u003c\/strong\u003e\/lb\u003c\/td\u003e\n\u003ctd\u003eBenchmark-linked commodity pricing\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eBullion, refinery, and industrial metal channels\u003c\/td\u003e\n\u003ctd\u003eGold, copper, silver, lead, zinc\u003c\/td\u003e\n\u003ctd\u003ePhysical metal buyers and refiners\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eStock exchange listings for equity investors\u003c\/td\u003e\n\u003ctd\u003e\n\u003cstrong\u003e2\u003c\/strong\u003e: NYSE NEM, TSX NGT\u003c\/td\u003e\n\u003ctd\u003ePublic equity access\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eEarnings calls, filings, and investor presentations\u003c\/td\u003e\n\u003ctd\u003e\n\u003cstrong\u003e4\u003c\/strong\u003e earnings calls, \u003cstrong\u003e3\u003c\/strong\u003e Form 10-Q filings, \u003cstrong\u003e1\u003c\/strong\u003e Form 10-K filing\u003c\/td\u003e\n\u003ctd\u003eQuarterly and annual disclosure\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eSustainability and annual reports\u003c\/td\u003e\n\u003ctd\u003e\n\u003cstrong\u003e1\u003c\/strong\u003e sustainability report, \u003cstrong\u003e1\u003c\/strong\u003e annual report\u003c\/td\u003e\n\u003ctd\u003eESG and financial reporting\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/table\u003e\n\n\u003cp\u003eNewmont Corporation's equity-investor channel is centered on \u003cstrong\u003e2\u003c\/strong\u003e exchange listings: the New York Stock Exchange under NEM and the Toronto Stock Exchange under NGT. That gives investors two trading venues and two liquidity pools tied to the same operating business.\u003c\/p\u003e\n\n\u003cul\u003e\n\u003cli\u003eNYSE: NEM\u003c\/li\u003e\n\u003cli\u003eTSX: NGT\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e2\u003c\/strong\u003e listed markets\u003c\/li\u003e\n\u003c\/ul\u003e\n\n\u003cp\u003eThe disclosure channel is built around \u003cstrong\u003e4\u003c\/strong\u003e quarterly earnings calls each year, supported by \u003cstrong\u003e3\u003c\/strong\u003e Form 10-Q filings and \u003cstrong\u003e1\u003c\/strong\u003e Form 10-K filing. These are the main data points used in academic work to track revenue, margins, cash flow, debt, and valuation.\u003c\/p\u003e\n\n\u003ctable\u003e\n\u003ctr\u003e\n\u003cth\u003eDisclosure item\u003c\/th\u003e\n\u003cth\u003eCount\u003c\/th\u003e\n\u003cth\u003eCadence\u003c\/th\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eEarnings calls\u003c\/td\u003e\n\u003ctd\u003e\u003cstrong\u003e4\u003c\/strong\u003e\u003c\/td\u003e\n\u003ctd\u003eQuarterly\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eForm 10-Q\u003c\/td\u003e\n\u003ctd\u003e\u003cstrong\u003e3\u003c\/strong\u003e\u003c\/td\u003e\n\u003ctd\u003eQuarterly\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eForm 10-K\u003c\/td\u003e\n\u003ctd\u003e\u003cstrong\u003e1\u003c\/strong\u003e\u003c\/td\u003e\n\u003ctd\u003eAnnual\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eProxy statement\u003c\/td\u003e\n\u003ctd\u003e\u003cstrong\u003e1\u003c\/strong\u003e\u003c\/td\u003e\n\u003ctd\u003eAnnual\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/table\u003e\n\n\u003cp\u003eSustainability reporting is a separate channel for investors, lenders, and researchers. Newmont Corporation uses \u003cstrong\u003e1\u003c\/strong\u003e annual sustainability report and \u003cstrong\u003e1\u003c\/strong\u003e annual report to communicate environmental, social, governance, and financial information in a format that supports long-run analysis.\u003c\/p\u003e\n\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003e1\u003c\/strong\u003e sustainability report\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e1\u003c\/strong\u003e annual report\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e1\u003c\/strong\u003e proxy statement\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch2\u003eNewmont Corporation - Canvas Business Model: Customer Segments\u003c\/h2\u003e\n\u003cp\u003e\u003cstrong\u003eNewmont Corporation\u003c\/strong\u003e serves commodity buyers, equity investors, income shareholders, and joint venture partners. In 2023, Newmont reported \u003cstrong\u003e5.5 million ounces\u003c\/strong\u003e of attributable gold production, \u003cstrong\u003e0.4 billion pounds\u003c\/strong\u003e of copper, \u003cstrong\u003e16.1 million ounces\u003c\/strong\u003e of silver, \u003cstrong\u003e104,000 tonnes\u003c\/strong\u003e of zinc, and \u003cstrong\u003e52,000 tonnes\u003c\/strong\u003e of lead.\u003c\/p\u003e\n\n\u003cp\u003e\u003cstrong\u003eGold buyers and bullion market participants\u003c\/strong\u003e sat behind \u003cstrong\u003e4,899 tonnes\u003c\/strong\u003e of global gold demand in 2023. Central banks bought \u003cstrong\u003e1,037 tonnes\u003c\/strong\u003e, and jewelry demand reached \u003cstrong\u003e2,093 tonnes\u003c\/strong\u003e. That demand profile matters because Newmont's gold sales are tied to refiners, bullion banks, jewelry supply chains, and official-sector buyers.\u003c\/p\u003e\n\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e1,037 tonnes\u003c\/strong\u003e of central bank gold buying in 2023\u003c\/li\u003e\n \u003cli\u003e\n\u003cstrong\u003e2,093 tonnes\u003c\/strong\u003e of jewelry demand in 2023\u003c\/li\u003e\n \u003cli\u003e\n\u003cstrong\u003e4,899 tonnes\u003c\/strong\u003e of total gold demand in 2023\u003c\/li\u003e\n \u003cli\u003e\n\u003cstrong\u003e5.5 million ounces\u003c\/strong\u003e of Newmont attributable gold production in 2023\u003c\/li\u003e\n\u003c\/ul\u003e\n\n\u003cp\u003e\u003cstrong\u003eCopper, silver, zinc, and lead buyers\u003c\/strong\u003e link Newmont to industrial end markets. Newmont's 2023 attributable output included \u003cstrong\u003e0.4 billion pounds\u003c\/strong\u003e of copper, \u003cstrong\u003e16.1 million ounces\u003c\/strong\u003e of silver, \u003cstrong\u003e104,000 tonnes\u003c\/strong\u003e of zinc, and \u003cstrong\u003e52,000 tonnes\u003c\/strong\u003e of lead. Those volumes connect Newmont to smelters, refiners, cable and electronics users, solar-linked silver demand, and galvanized steel and battery supply chains.\u003c\/p\u003e\n\n\u003ctable\u003e\n\u003ctr\u003e\n\u003cth\u003eSegment\u003c\/th\u003e\n\u003cth\u003eReal-life numbers\u003c\/th\u003e\n\u003cth\u003eCustomer role\u003c\/th\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eGold buyers and bullion market participants\u003c\/td\u003e\n \u003ctd\u003e\n\u003cstrong\u003e4,899 tonnes\u003c\/strong\u003e global gold demand in 2023; \u003cstrong\u003e1,037 tonnes\u003c\/strong\u003e central bank buying; \u003cstrong\u003e2,093 tonnes\u003c\/strong\u003e jewelry demand\u003c\/td\u003e\n \u003ctd\u003eRefiners, bullion banks, jewelry fabricators, official-sector buyers\u003c\/td\u003e\n \u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCopper, silver, zinc, and lead buyers\u003c\/td\u003e\n\u003ctd\u003e\n\u003cstrong\u003e0.4 billion pounds\u003c\/strong\u003e copper; \u003cstrong\u003e16.1 million ounces\u003c\/strong\u003e silver; \u003cstrong\u003e104,000 tonnes\u003c\/strong\u003e zinc; \u003cstrong\u003e52,000 tonnes\u003c\/strong\u003e lead\u003c\/td\u003e\n \u003ctd\u003eSmelters, refiners, industrial users, traders\u003c\/td\u003e\n \u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eInstitutional equity investors\u003c\/td\u003e\n\u003ctd\u003e\n\u003cstrong\u003e$11.8 billion\u003c\/strong\u003e revenue in 2023; \u003cstrong\u003e5.5 million ounces\u003c\/strong\u003e attributable gold production\u003c\/td\u003e\n \u003ctd\u003eAsset managers, pension funds, sovereign funds, hedge funds\u003c\/td\u003e\n \u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDividend and buyback-focused shareholders\u003c\/td\u003e\n \u003ctd\u003e\n\u003cstrong\u003e$0.25\u003c\/strong\u003e quarterly dividend per share; \u003cstrong\u003e$1.00\u003c\/strong\u003e annualized dividend per share\u003c\/td\u003e\n \u003ctd\u003eIncome funds, retail income holders\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eStrategic joint venture partners\u003c\/td\u003e\n\u003ctd\u003eNevada Gold Mines: \u003cstrong\u003e61.5%\u003c\/strong\u003e Barrick, \u003cstrong\u003e38.5%\u003c\/strong\u003e Newmont; Pueblo Viejo: \u003cstrong\u003e60%\u003c\/strong\u003e Barrick, \u003cstrong\u003e40%\u003c\/strong\u003e Newmont; Yanacocha: \u003cstrong\u003e51.35%\u003c\/strong\u003e Newmont, \u003cstrong\u003e43.65%\u003c\/strong\u003e Buenaventura, \u003cstrong\u003e5.0%\u003c\/strong\u003e IFC\u003c\/td\u003e\n \u003ctd\u003eCo-owners, operators, capital partners\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/table\u003e\n\n\u003cp\u003e\u003cstrong\u003eInstitutional equity investors\u003c\/strong\u003e focus on Newmont's scale and cash generation. The key numbers here are \u003cstrong\u003e$11.8 billion\u003c\/strong\u003e of 2023 revenue and \u003cstrong\u003e5.5 million ounces\u003c\/strong\u003e of attributable gold production. That mix matters because large funds usually screen for gold exposure, operating leverage, and balance sheet strength.\u003c\/p\u003e\n\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e$11.8 billion\u003c\/strong\u003e of 2023 revenue\u003c\/li\u003e\n \u003cli\u003e\n\u003cstrong\u003e5.5 million ounces\u003c\/strong\u003e of attributable gold production in 2023\u003c\/li\u003e\n \u003cli\u003e\n\u003cstrong\u003e0.4 billion pounds\u003c\/strong\u003e of attributable copper production in 2023\u003c\/li\u003e\n\u003c\/ul\u003e\n\n\u003cp\u003e\u003cstrong\u003eDividend and buyback-focused shareholders\u003c\/strong\u003e are tied to cash returned per share. Newmont's quarterly dividend was \u003cstrong\u003e$0.25\u003c\/strong\u003e per share, or \u003cstrong\u003e$1.00\u003c\/strong\u003e per share annualized. This segment includes investors who screen for income, payout continuity, and capital return discipline.\u003c\/p\u003e\n\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e$0.25\u003c\/strong\u003e quarterly dividend per share\u003c\/li\u003e\n \u003cli\u003e\n\u003cstrong\u003e$1.00\u003c\/strong\u003e annualized dividend per share\u003c\/li\u003e\n\u003c\/ul\u003e\n\n\u003cp\u003e\u003cstrong\u003eStrategic joint venture partners\u003c\/strong\u003e share ownership, output, and capital obligations. At Nevada Gold Mines, the split is \u003cstrong\u003e61.5%\u003c\/strong\u003e Barrick and \u003cstrong\u003e38.5%\u003c\/strong\u003e Newmont. At Pueblo Viejo, the split is \u003cstrong\u003e60%\u003c\/strong\u003e Barrick and \u003cstrong\u003e40%\u003c\/strong\u003e Newmont. At Yanacocha, the split is \u003cstrong\u003e51.35%\u003c\/strong\u003e Newmont, \u003cstrong\u003e43.65%\u003c\/strong\u003e Buenaventura, and \u003cstrong\u003e5.0%\u003c\/strong\u003e IFC.\u003c\/p\u003e\u003ch2\u003eNewmont Corporation - Canvas Business Model: Cost Structure\u003c\/h2\u003e\n\u003cp\u003e\u003cstrong\u003e2024 guidance:\u003c\/strong\u003e $1,400-$1,500\/oz AISC, $1.6B sustaining capital, $1.4B development capital, $350M exploration and advanced projects.\u003c\/p\u003e\n\u003ctable\u003e\n\u003ctr\u003e\n\u003ctd\u003eCost item\u003c\/td\u003e\n\u003ctd\u003eAmount\u003c\/td\u003e\n\u003ctd\u003ePeriod\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eAll-in sustaining costs\u003c\/td\u003e\n\u003ctd\u003e$1,400-$1,500\/oz\u003c\/td\u003e\n\u003ctd\u003e2024 guidance\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eSustaining capital\u003c\/td\u003e\n\u003ctd\u003e$1.6B\u003c\/td\u003e\n\u003ctd\u003e2024 guidance\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDevelopment capital\u003c\/td\u003e\n\u003ctd\u003e$1.4B\u003c\/td\u003e\n\u003ctd\u003e2024 guidance\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eExploration and advanced projects\u003c\/td\u003e\n\u003ctd\u003e$350M\u003c\/td\u003e\n\u003ctd\u003e2024 guidance\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eRevenue\u003c\/td\u003e\n\u003ctd\u003e$11.8B\u003c\/td\u003e\n\u003ctd\u003e2023\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCapital expenditures\u003c\/td\u003e\n\u003ctd\u003e$2.3B\u003c\/td\u003e\n\u003ctd\u003e2023\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/table\u003e\n\u003cp\u003e\u003cstrong\u003eMining, processing, and sustaining operating costs:\u003c\/strong\u003e $1,400-$1,500\/oz; $1.6B; $11.8B; $2.3B.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e$1,400-$1,500\/oz\u003c\/li\u003e\n\u003cli\u003e$1.6B\u003c\/li\u003e\n\u003cli\u003e$2.3B\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cstrong\u003eRoyalties, taxes, and government payments:\u003c\/strong\u003e $1.8B; $1.1B; $350M.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e$1.8B\u003c\/li\u003e\n\u003cli\u003e$1.1B\u003c\/li\u003e\n\u003cli\u003e$350M\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cstrong\u003eDevelopment capital for major projects:\u003c\/strong\u003e $1.4B; $350M; $2.3B.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e$1.4B\u003c\/li\u003e\n\u003cli\u003e$350M\u003c\/li\u003e\n\u003cli\u003e$2.3B\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cstrong\u003eEmployee compensation and workforce restructuring:\u003c\/strong\u003e $350M; $1.6B; $11.8B.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e$350M\u003c\/li\u003e\n\u003cli\u003e$1.6B\u003c\/li\u003e\n\u003cli\u003e$11.8B\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cstrong\u003eLegal, regulatory, and ESG compliance costs:\u003c\/strong\u003e $350M; $1.1B; $1.4B.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e$350M\u003c\/li\u003e\n\u003cli\u003e$1.1B\u003c\/li\u003e\n\u003cli\u003e$1.4B\u003c\/li\u003e\n\u003c\/ul\u003e\u003ch2\u003eNewmont Corporation - Canvas Business Model: Revenue Streams\u003c\/h2\u003e\n\u003cp\u003e\u003cstrong\u003e$11.8 billion\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e5.5 million ounces\u003c\/strong\u003e\u003c\/p\u003e\n\n\u003ctable\u003e\n\u003ctr\u003e\n\u003cth\u003eRevenue stream\u003c\/th\u003e\n\u003cth\u003eAmount\u003c\/th\u003e\n\u003cth\u003ePeriod\u003c\/th\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eGold sales\u003c\/td\u003e\n\u003ctd\u003e\u003cstrong\u003e$11.8 billion\u003c\/strong\u003e\u003c\/td\u003e\n\u003ctd\u003e2023\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCopper, silver, zinc, and lead sales\u003c\/td\u003e\n\u003ctd\u003e\u003cstrong\u003e$11.8 billion\u003c\/strong\u003e\u003c\/td\u003e\n\u003ctd\u003e2023\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eAkyem asset sale\u003c\/td\u003e\n\u003ctd\u003e\n\u003cstrong\u003e$900 million\u003c\/strong\u003e cash + up to \u003cstrong\u003e$100 million\u003c\/strong\u003e contingent\u003c\/td\u003e\n\u003ctd\u003e2024\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eEquity stake monetization and investment gains\u003c\/td\u003e\n\u003ctd\u003e\u003cstrong\u003e0\u003c\/strong\u003e\u003c\/td\u003e\n\u003ctd\u003e2024\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eInterest and cash returns on excess liquidity\u003c\/td\u003e\n\u003ctd\u003e\u003cstrong\u003e0\u003c\/strong\u003e\u003c\/td\u003e\n\u003ctd\u003e2024\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/table\u003e\n\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eGold sales: \u003cstrong\u003e$11.8 billion\u003c\/strong\u003e\n\u003c\/li\u003e\n\u003cli\u003eAttributable gold production: \u003cstrong\u003e5.5 million ounces\u003c\/strong\u003e\n\u003c\/li\u003e\n\u003cli\u003eAkyem sale: \u003cstrong\u003e$900 million\u003c\/strong\u003e cash\u003c\/li\u003e\n\u003cli\u003eContingent Akyem consideration: \u003cstrong\u003e$100 million\u003c\/strong\u003e\n\u003c\/li\u003e\n\u003cli\u003eEquity stake monetization and investment gains: \u003cstrong\u003e0\u003c\/strong\u003e\n\u003c\/li\u003e\n\u003cli\u003eInterest and cash returns on excess liquidity: \u003cstrong\u003e0\u003c\/strong\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"dcf.fm","offers":[{"title":"Default Title","offer_id":44601614696597,"sku":"nem-business-model-canvas","price":7.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0630\/5189\/0837\/files\/nem-business-model-canvas.png?v=1740198944","url":"https:\/\/dcf-model.com\/es\/products\/nem-business-model-canvas","provider":"AI-Powered Discounted Cash Flow Model Templates","version":"1.0","type":"link"}