Newmont Q4 2021 Earnings Report
Key Takeaways
Newmont's Q4 2021 results showed a net loss of $(61) million, but an adjusted net income of $624 million. The company produced 1.62 million attributable ounces of gold and $2.6 billion in free cash flow for the full year.
Produced 6.0 million attributable ounces of gold and 1.3 million attributable gold equivalent ounces.
Generated $4.3 billion of cash from continuing operations and $2.6 billion of Free Cash Flow.
Advanced profitable near-term projects, including Tanami Expansion 2, Ahafo North and Yanacocha Sulfides.
Declared fourth quarter dividend of $0.55 per share.
Newmont
Newmont
Newmont Revenue by Segment
Newmont Revenue by Geographic Location
Forward Guidance
Newmont's outlook reflects increasing gold production and ongoing investment in its operating assets and most promising growth prospects.
Positive Outlook
- Increasing gold production
- Ongoing investment in operating assets
- Advancing Tanami Expansion 2
- Advancing Ahafo North
- Advancing Yanacocha Sulfides
Challenges Ahead
- Higher costs from inflation
- Higher royalties
- Higher production taxes
- Potential Covid-related interruptions
- Cost escalation related to labor, energy, and material and supplies
Revenue & Expenses
Visualization of income flow from segment revenue to net income