The acquisition of Newcrest Mining Limited significantly expanded Newmont's operations and asset base, incorporating Newcrest's mining operations and projects into Newmont's portfolio. This strategic move positions Newmont as a leading gold producer with a more diversified asset base.

Newmont is actively divesting six non-core assets and a development project as part of a portfolio optimization program, including the completed sale of Telfer. This strategy aims to improve capital allocation and focus on core assets.

Newmont's project pipeline includes Ahafo North, Tanami Expansion 2, and Cadia Panel Caves, designed to support stable production with improving margins and mine life. These projects aim to enhance operational efficiency and extend the lifespan of key assets.

Management is actively divesting non-core assets to improve capital allocation and focus on core assets. This indicates a proactive approach to managing the asset portfolio for optimal performance.

Management is focused on advancing key projects such as Ahafo North, Tanami Expansion 2, and Cadia Panel Caves, targeting specific production timelines and cost targets. This demonstrates a commitment to executing strategic projects.

Management is focused on integrating Newcrest's operations and assets, which is expected to generate synergies and improve operational efficiency. This indicates a commitment to realizing the benefits of the acquisition.

The company's performance is highly dependent on gold prices, which are subject to significant fluctuations. A substantial or extended decline in gold prices could materially affect the company's financial results.

The company faces risks related to replacing depleted reserves and the accuracy of reserve and resource estimates. Inability to replace reserves or inaccuracies in estimates could negatively impact future production and financial performance.

The company faces risks related to transitioning the business to meet regulatory, societal, and investor expectations for operating in a low-carbon economy. These risks could include increased operating costs and capital expenditures.

Newmont continues to rank as the top gold producer with approximately five percent of estimated total worldwide mined gold production. The company's competitive position is based on the size and grade of its ore bodies anchored in a large portfolio of Tier 1 assets located in favorable mining jurisdictions.

The company's competitive position is based on the size and grade of its ore bodies anchored in a large portfolio of Tier 1 assets located in favorable mining jurisdictions. A Tier 1 asset is defined as having, on average over such asset's mine life: (1) production of over 500,000 GEOs per year on a consolidated basis, (2) average AISC per oz in the lower half of the industry cost curve, (3) an expected mine life of over 10 years, and (4) operations in countries that are classified in the A and B rating ranges for Moody's, S&P and Fitch.

The company faces competition with other natural resource companies for specialized equipment, supplies, and skilled personnel. The company's ability to maintain its competitive position depends on its ability to acquire and develop quality deposits, hire and retain a skilled workforce, and manage costs.

The company continues to focus on its Full Potential program to improve operational efficiency and reduce costs. This program aims to optimize processes and improve productivity across the company's operations.

The company relies on its supply chain operations to procure goods and services, and disruptions or shortages may adversely affect operations and development projects. Effective supply chain management is crucial for maintaining cost control and operational efficiency.

The company and the mining industry are facing continued geotechnical, geothermal, and hydrogeological challenges, which could adversely impact production and profitability. Addressing these challenges is essential for maintaining operational efficiency.

The company has a cybersecurity program designed to protect its technology platforms and address risks associated with the implementation of emerging technologies. This program aims to ensure the security and integrity of the company's systems.

The adoption of new technologies such as AI and automation enhances operational capabilities but also presents unique vulnerabilities, including algorithmic biases and data integrity risks. Managing these risks is crucial for successful technology adoption.

The company is dependent on information technology and operational technology systems, which are subject to disruption, damage, failure, or cybersecurity attacks. Protecting these systems is essential for maintaining operational efficiency.

Capital expenditures are primarily directed towards development projects such as Tanami Expansion 2, Ahafo North, and Cadia Panel Caves, as well as sustaining capital to maintain current production. This reflects a strategic allocation of capital to support future growth and operational stability.

The company actively manages its debt portfolio, including repaying bilateral bank debt facilities and issuing new senior notes. These actions aim to reduce borrowing costs and optimize the company's capital structure.

The company has an active share repurchase program in place to return capital to stockholders, indicating a commitment to shareholder value. However, the program may be discontinued at any time.

The company is widely recognized for its principled ESG practices and has been consistently ranked as a leader in the mining and metal sector S&P Global, and listed on the Dow Jones Sustainability World Index since 2007. This demonstrates a long-standing commitment to sustainability.

The company has announced science-based GHG emissions reduction targets and is investing in climate change initiatives to support its goal of being carbon neutral by 2050. This includes investments in cleaner energy solutions and sustainable finance.

The company engages regularly with relevant stakeholders to understand their needs and perspectives, which informs non-financial reporting. This ensures transparency and accountability in ESG performance.

The company's operations are subject to regional, political, economic, community, and other risks of doing business in multiple jurisdictions, including potential instability of foreign governments, expropriation, and restrictions on repatriation of funds.

The company relies on its supply chain operations to procure goods and services to support its operations and projects, and competition with other natural resource companies, and shortage of critical parts, services and equipment may adversely affect our operations and development projects.

A breach or violation of these laws could lead to substantial sanctions, civil and criminal prosecution, fines, penalties, litigation, loss of licenses or permits, and other collateral consequences, including reputational harm.