SALES

9 Months Ended

Sep. 30, 2021

Revenue from Contract with Customer [Abstract]

SALES

SALES

The following tables present the Company’s Sales by mining operation, product and inventory type:

	Gold Sales from Doré Production		Sales from Concentrate and Other Production		Total Sales
Three Months Ended September 30, 2021
CC&V	$	83	$	4	$	87
Musselwhite	64		—		64
Porcupine	128		—		128
Éléonore	104		—		104
Peñasquito:
Gold	31		265		296
Silver (1)	—		143		143
Lead	—		42		42
Zinc	—		122		122
Total Peñasquito	31		572		603
North America	410		576		986
Yanacocha	114		4		118
Merian	190		—		190
Cerro Negro	114		—		114
South America	418		4		422
Boddington:
Gold	74		220		294
Copper	—		72		72
Total Boddington	74		292		366
Tanami	199		—		199
Australia	273		292		565
Ahafo	220		—		220
Akyem	164		—		164
Africa	384		—		384
Nevada Gold Mines (2)	515		23		538
Nevada	515		23		538
Consolidated	$	2,000	$	895	$	2,895

____________________________

(1)Silver sales from concentrate includes $19 related to non-cash amortization of the silver streaming agreement liability.

(2)The Company purchases its proportionate share of gold doré from NGM for resale to third parties. Gold doré purchases from NGM totaled $516 for the three months ended September 30, 2021.

	Gold Sales from Doré Production		Sales from Concentrate and Other Production		Total Sales
Three Months Ended September 30, 2020
CC&V	$	137	$	—	$	137
Musselwhite	90		—		90
Porcupine	154		—		154
Éléonore	111		—		111
Peñasquito:
Gold	14		224		238
Silver (1)	—		138		138
Lead	—		30		30
Zinc	—		99		99
Total Peñasquito	14		491		505
North America	506		491		997
Yanacocha	152		—		152
Merian	204		—		204
Cerro Negro	95		—		95
South America	451		—		451
Boddington:
Gold	83		265		348
Copper	—		43		43
Total Boddington	83		308		391
Tanami	248		—		248
Australia	331		308		639
Ahafo	261		—		261
Akyem	172		—		172
Africa	433		—		433
Nevada Gold Mines (2)	631		19		650
Nevada	631		19		650
Consolidated	$	2,352	$	818	$	3,170

____________________________

(1)Silver sales from concentrate includes $16 related to non-cash amortization of the silver streaming agreement liability.

(2)The Company purchases its proportionate share of gold doré from NGM for resale to third parties. Gold doré purchases from NGM totaled $630 for the three months ended September 30, 2020.

	Gold Sales from Doré Production		Sales from Concentrate and Other Production		Total Sales
Nine Months Ended September 30, 2021
CC&V	$	298	$	4	$	302
Musselwhite	197		—		197
Porcupine	381		—		381
Éléonore	337		—		337
Peñasquito:
Gold	153		779		932
Silver (1)	—		486		486
Lead	—		129		129
Zinc	—		385		385
Total Peñasquito	153		1,779		1,932
North America	1,366		1,783		3,149
Yanacocha	338		13		351
Merian	579		—		579
Cerro Negro	340		—		340
South America	1,257		13		1,270
Boddington:
Gold	225		657		882
Copper	—		204		204
Total Boddington	225		861		1,086
Tanami	617		—		617
Australia	842		861		1,703
Ahafo	596		—		596
Akyem	514		—		514
Africa	1,110		—		1,110
Nevada Gold Mines (2)	1,545		55		1,600
Nevada	1,545		55		1,600
Consolidated	$	6,120	$	2,712	$	8,832

____________________________

(1)Silver sales from concentrate includes $58 related to non-cash amortization of the silver streaming agreement liability.

(2)The Company purchases its proportionate share of gold doré from NGM for resale to third parties. Gold doré purchases from NGM totaled $1,542 for the nine months ended September 30, 2021.

	Gold Sales from Doré Production		Sales from Concentrate and Other Production		Total Sales
Nine Months Ended September 30, 2020
CC&V	$	348	$	—	$	348
Red Lake	67		—		67
Musselwhite	114		—		114
Porcupine	420		—		420
Éléonore	240		—		240
Peñasquito:
Gold	36		505		541
Silver (1)	—		337		337
Lead	—		92		92
Zinc	—		239		239
Total Peñasquito	36		1,173		1,209
North America	1,225		1,173		2,398
Yanacocha	456		—		456
Merian	584		—		584
Cerro Negro	262		—		262
South America	1,302		—		1,302
Boddington:
Gold	207		667		874
Copper	—		101		101
Total Boddington	207		768		975
Tanami	652		—		652
Australia	859		768		1,627
Ahafo	594		—		594
Akyem	465		—		465
Africa	1,059		—		1,059
Nevada Gold Mines (2)	1,675		55		1,730
Nevada	1,675		55		1,730
Consolidated	$	6,120	$	1,996	$	8,116

____________________________

(1)Silver sales from concentrate includes $48 related to non-cash amortization of the silver streaming agreement liability.

(2)The Company purchases its proportionate share of gold doré from NGM for resale to third parties. Gold doré purchases from NGM totaled $1,681 for the nine months ended September 30, 2020.

Trade Receivables

The following table details the receivables included within Trade receivables:

	At September 30, 2021		At December 31, 2020
Receivables from Sales:
Gold sales from doré production	$	96	$	59
Sales from concentrate and other production	238		390
Total receivables from Sales	$	334	$	449

Provisional Sales

The Company sells gold, copper, silver, lead and zinc concentrates on a provisional basis. Provisional concentrate sales contain an embedded derivative that is required to be separated from the host contract for accounting purposes. The host contract is the

receivable from the sale of the concentrates at the prevailing indices’ prices at the time of sale. The embedded derivative, which is not designated for hedge accounting treatment, is marked to market through earnings each period prior to final settlement.

The impact to Sales from revenue recognized due to the changes in pricing is a (decrease) increase of $(11) and $46 for the three months ended September 30, 2021 and 2020, respectively and a (decrease) increase of $(18) and $65 for the nine months ended September 30, 2021 and 2020, respectively.

At September 30, 2021, Newmont had the following provisionally priced concentrate sales subject to final pricing over the next several months:

	Provisionally Priced Sales Subject to Final Pricing	Average Provisional Price (per ounce/pound)
Gold (ounces/thousands)	218	$	1,744
Copper (pounds/millions)	16	$	4.09
Silver (ounces/millions)	5	$	21.53
Lead (pounds/millions)	29	$	0.95
Zinc (pounds/millions)	62	$	1.35