Newmont Corporation (NEM) Revenue by Segment

Newmont revenue by segment at a glance

In Q3 fiscal 2023 (the quarter ended September 30, 2023), Newmont's largest business segment was Nevada Gold Mines, with $580.00 million or 23% of revenue, up 26.9% from a year earlier. Next: Boddington (18%), Ahafo (11%) and Tanami (10%).

By product or service, Gold Dore brought in 70% and Sales From Concentrate and Other Production brought in 30% of revenue in Q2 fiscal 2026.

The fastest-growing business segment from a year earlier was Yanacocha (+80.0%).

From company filings, in USD; latest quarter ended September 30, 2023; quarterly data from Q3 fiscal 2017.

Newmont Corporation

NEMNon-Energy Raw Materials

United States

Non-Energy Raw Materials

Revenue breakdown

Fiscal quarters, from company filings

Segments by quarter (USD)

Click a bar to see that period below. Striped bars are calculated fourth quarters; an empty slot means it could not be calculated on the same basis i

North AmericaNevada Gold MinesPenasquitoSouth AmericaNevadaAustraliaBoddingtonAfricaOther

Q2 FY26 breakdown

Fiscal quarter ended Jun 30, 2026 · calculated (full year minus the other periods)

Item	Revenue	Share	vs year before
Nevada Gold Minescalc	USD 1.07B	17.5%	+36.5%
Boddingtoncalc	USD 747.00M	12.2%	+37.6%
Penasquitocalc	USD 663.00M	10.8%	-18.7%
Lihircalc	USD 640.00M	10.5%	+23.8%
Yanacochacalc	USD 581.00M	9.5%	+30.3%
Ahafo Southcalc	USD 415.00M	6.8%	-36.8%
Tanamicalc	USD 404.00M	6.6%	+36.0%
Cadiacalc	USD 345.00M	5.6%	-42.1%
Merian Gold Projectcalc	USD 332.00M	5.4%	+48.9%
Ahafo Northcalc	USD 306.00M	5.0%	–
Brucejackcalc	USD 253.00M	4.1%	+57.1%
Cerro Negrocalc	USD 230.00M	3.8%	+105.4%
Red Chriscalc	USD 133.00M	2.2%	+13.7%

Sum of items USD 6.12B. Shares are of the items shown. Click an item with › to see its parts.

Also reported by:

All periods

Every item and period in one grid. Purple = calculated; "–" = not available.

Item	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24	Q1 FY24	Q4 FY23	Q3 FY23	Q2 FY23	Q1 FY23	Q4 FY22	Q3 FY22	Q2 FY22	Q1 FY22	Q4 FY21	Q3 FY21	Q2 FY21	Q1 FY21	Q4 FY20	Q3 FY20	Q2 FY20	Q1 FY20	Q4 FY19	Q3 FY19	Q2 FY19	Q1 FY19	Q4 FY18	Q3 FY18	Q2 FY18	Q1 FY18	Q4 FY17	Q3 FY17
North America	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.0B	–	–	998.0M	–	986.0M	1.1B	1.1B	1.1B	997.0M	588.0M	813.0M	855.0M	643.0M	422.0M	97.0M	803.0M	99.0M	88.0M	682.0M	–	732.0M
Nevada Gold Mines	1.1B	1.2B	–	893.0M	783.0M	626.0M	725.0M	611.0M	590.0M	559.0M	–	580.0M	563.0M	491.0M	–	457.0M	537.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	501.0M	498.0M	–	–	–
Penasquito	663.0M	1.2B	–	918.0M	815.0M	777.0M	819.0M	475.0M	551.0M	477.0M	–	1.0M	316.0M	376.0M	–	464.0M	490.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
South America	–	–	–	–	–	–	–	–	–	–	–	–	–	–	438.0M	–	–	444.0M	–	422.0M	461.0M	387.0M	517.0M	451.0M	340.0M	511.0M	543.0M	582.0M	475.0M	371.0M	402.0M	346.0M	279.0M	309.0M	–	338.0M
Nevada	–	–	–	–	–	–	–	–	–	–	–	–	–	–	560.0M	–	–	544.0M	–	538.0M	523.0M	539.0M	629.0M	650.0M	559.0M	521.0M	537.0M	541.0M	496.0M	532.0M	–	–	–	–	–	–
Australia	–	–	–	–	–	–	–	–	–	–	–	–	–	–	670.0M	–	–	666.0M	–	565.0M	623.0M	515.0M	620.0M	639.0M	535.0M	453.0M	–	559.0M	501.0M	503.0M	–	–	–	–	–	–
Boddington	747.0M	525.0M	–	526.0M	543.0M	488.0M	565.0M	399.0M	406.0M	376.0M	–	440.0M	476.0M	491.0M	–	331.0M	505.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Africa	–	–	–	–	–	–	–	–	–	–	–	–	–	–	508.0M	–	–	371.0M	–	384.0M	352.0M	374.0M	465.0M	433.0M	343.0M	283.0M	414.0M	388.0M	363.0M	300.0M	284.0M	255.0M	261.0M	280.0M	–	245.0M
Ahafo South	415.0M	597.0M	–	516.0M	657.0M	574.0M	569.0M	551.0M	422.0M	381.0M	–	265.0M	263.0M	249.0M	–	263.0M	253.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Cadia	345.0M	745.0M	–	538.0M	596.0M	527.0M	425.0M	503.0M	518.0M	415.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Lihir	640.0M	562.0M	–	475.0M	517.0M	455.0M	434.0M	317.0M	345.0M	377.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Yanacocha	581.0M	677.0M	–	530.0M	446.0M	279.0M	254.0M	220.0M	181.0M	186.0M	–	162.0M	132.0M	100.0M	–	90.0M	128.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Tanami	404.0M	434.0M	–	366.0M	297.0M	210.0M	321.0M	248.0M	231.0M	188.0M	–	238.0M	244.0M	123.0M	–	220.0M	249.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Asia Pacific	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	618.0M	–	–	–	559.0M	525.0M	536.0M	546.0M	–	564.0M
Merian Gold Project	332.0M	409.0M	–	159.0M	223.0M	141.0M	205.0M	158.0M	142.0M	155.0M	–	160.0M	104.0M	159.0M	–	145.0M	178.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Cerro Negro	230.0M	264.0M	–	207.0M	112.0M	108.0M	198.0M	150.0M	65.0M	153.0M	–	124.0M	100.0M	116.0M	–	114.0M	145.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Brucejack	253.0M	281.0M	–	272.0M	161.0M	133.0M	180.0M	252.0M	106.0M	72.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Porcupine	–	–	–	–	32.0M	145.0M	170.0M	172.0M	206.0M	125.0M	–	118.0M	125.0M	123.0M	–	127.0M	125.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Akyem	–	–	–	–	18.0M	113.0M	115.0M	114.0M	111.0M	155.0M	–	135.0M	98.0M	148.0M	–	174.0M	203.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Eleonore	–	–	–	–	–	138.0M	191.0M	129.0M	147.0M	116.0M	–	91.0M	100.0M	129.0M	–	94.0M	87.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Musselwhite	–	–	–	–	–	94.0M	159.0M	124.0M	132.0M	101.0M	–	92.0M	80.0M	83.0M	–	74.0M	73.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Red Chris	133.0M	145.0M	–	124.0M	117.0M	114.0M	106.0M	75.0M	82.0M	62.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Cripple Creek and Victor Mine	–	–	–	–	–	88.0M	116.0M	94.0M	78.0M	59.0M	–	87.0M	82.0M	91.0M	–	81.0M	85.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Ahafo North	306.0M	317.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Telfer	–	–	–	–	–	–	100.0M	13.0M	89.0M	66.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–

Newmont revenue by business segment, last 4 quarters

Business segment	Q3 FY23	Q2 FY23	Q1 FY23	Q3 FY22	Share
Nevada Gold Mines	$580.0M	$563.0M	$491.0M	$457.0M	23%
Boddington	$440.0M	$476.0M	$491.0M	$331.0M	18%
Ahafo	$265.0M	$263.0M	$249.0M	$263.0M	11%
Tanami	$238.0M	$244.0M	$123.0M	$220.0M	10%
Yanacocha	$162.0M	$132.0M	$100.0M	$90.0M	6%
Merian Gold Project	$160.0M	$104.0M	$159.0M	$145.0M	6%
Akyem	$135.0M	$98.0M	$148.0M	$174.0M	5%
Cerro Negro	$124.0M	$100.0M	$116.0M	$114.0M	5%
Porcupine	$118.0M	$125.0M	$123.0M	$127.0M	5%
Musselwhite	$92.0M	$80.0M	$83.0M	$74.0M	4%

In USD, fiscal quarters as reported; share = part of Q3 FY23 revenue.

Newmont revenue by product or service, last 4 quarters

Product or service	Q2 FY26	Q1 FY26	Q3 FY25	Q2 FY25	Share
Gold Dore	$4.3B	$4.8B	$3.5B	$3.3B	70%
Sales From Concentrate and Other Production	$1.8B	$2.5B	$2.1B	$2.0B	30%

In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.

Questions and answers

What are Newmont's business segments?

Nevada Gold Mines, Boddington, Ahafo, Tanami, Yanacocha, Merian Gold Project, Akyem, Cerro Negro, Porcupine, Musselwhite, Eleonore, Cripple Creek and Victor Mine and Penasquito (as reported for Q3 fiscal 2023).

Which business segment makes the most money for Newmont?

Nevada Gold Mines: $580.00 million, or 23% of revenue, in Q3 fiscal 2023.

What are Newmont's main products and services?

By revenue in Q2 fiscal 2026: Gold Dore (70%) and Sales From Concentrate and Other Production (30%).

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Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.