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SALES
6 Months Ended
Jun. 30, 2022
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 ProductionSales from Concentrate and Other ProductionTotal Sales
Three Months Ended June 30, 2022
CC&V$85 $— $85 
Musselwhite 73 — 73 
Porcupine 125 — 125 
Éléonore 87 — 87 
Peñasquito:
Gold25 205 230 
Silver (1)
— 140 140 
Lead— 28 28 
Zinc— 92 92 
Total Peñasquito25 465 490 
North America395 465 860 
Yanacocha129 (1)128 
Merian178 — 178 
Cerro Negro 145 — 145 
South America452 (1)451 
Boddington:
Gold107 322 429 
Copper— 76 76 
Total Boddington107 398 505 
Tanami249 — 249 
Australia356 398 754 
Ahafo253 — 253 
Akyem203 — 203 
Africa456 — 456 
Nevada Gold Mines (2)
521 16 537 
Nevada521 16 537 
Consolidated$2,180 $878 $3,058 
____________________________
(1)Silver sales from concentrate includes $20 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 $525 for the three months ended June 30, 2022.
Gold Sales from Doré ProductionSales from Concentrate and Other ProductionTotal Sales
Three Months Ended June 30, 2021
CC&V$116 $— $116 
Musselwhite 63 — 63 
Porcupine 122 — 122 
Éléonore 124 — 124 
Peñasquito:
Gold66 260 326 
Silver (1)
— 175 175 
Lead— 43 43 
Zinc— 137 137 
Total Peñasquito66 615 681 
North America491 615 1,106 
Yanacocha115 123 
Merian196 — 196 
Cerro Negro 142 — 142 
South America453 461 
Boddington:
Gold85 259 344 
Copper— 80 80 
Total Boddington85 339 424 
Tanami199 — 199 
Australia284 339 623 
Ahafo189 — 189 
Akyem163 — 163 
Africa352 — 352 
Nevada Gold Mines (2)
505 18 523 
Nevada505 18 523 
Consolidated$2,085 $980 $3,065 
____________________________
(1)Silver sales from concentrate includes $18 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 $505 for the three months ended June 30, 2021.
Gold Sales from Doré ProductionSales from Concentrate and Other ProductionTotal Sales
Six Months Ended June 30, 2022
CC&V$148 $$153 
Musselwhite 133 — 133 
Porcupine 239 — 239 
Éléonore 181 — 181 
Peñasquito:
Gold56 426 482 
Silver (1)
— 296 296 
Lead— 72 72 
Zinc— 302 302 
Total Peñasquito56 1,096 1,152 
North America757 1,101 1,858 
Yanacocha256 (1)255 
Merian373 — 373 
Cerro Negro 267 — 267 
South America896 (1)895 
Boddington:
Gold198 612 810 
Copper— 175 175 
Total Boddington198 787 985 
Tanami435 — 435 
Australia633 787 1,420 
Ahafo455 — 455 
Akyem372 — 372 
Africa827 — 827 
Nevada Gold Mines (2)
1,050 31 1,081 
Nevada1,050 31 1,081 
Consolidated$4,163 $1,918 $6,081 
____________________________
(1)Silver sales from concentrate includes $39 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 $1,051 for the six months ended June 30, 2022.
Gold Sales from Doré ProductionSales from Concentrate and Other ProductionTotal Sales
Six Months Ended June 30, 2021
CC&V$215 $— $215 
Musselwhite 133 — 133 
Porcupine 253 — 253 
Éléonore 233 — 233 
Peñasquito:
Gold122 514 636 
Silver (1)
— 343 343 
Lead— 87 87 
Zinc— 263 263 
Total Peñasquito122 1,207 1,329 
North America956 1,207 2,163 
Yanacocha224 233 
Merian389 — 389 
Cerro Negro 226 — 226 
South America839 848 
Boddington:
Gold151 437 588 
Copper— 132 132 
Total Boddington151 569 720 
Tanami418 — 418 
Australia569 569 1,138 
Ahafo376 — 376 
Akyem350 — 350 
Africa726 — 726 
Nevada Gold Mines (2)
1,030 32 1,062 
Nevada1,030 32 1,062 
Consolidated$4,120 $1,817 $5,937 
____________________________
(1)Silver sales from concentrate includes $38 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 $1,026 for the six months ended June 30, 2021.
Trade Receivables
The following table details the receivables included within Trade receivables:
At June 30,
2022
At December 31,
2021
Gold sales from doré production$— $40 
Sales from concentrate and other production364 297 
Trade receivables$364 $337 
Provisional Sales
The impact to Sales from revenue recognized due to the changes in pricing on provisional sales is a (decrease) increase of $(105) and $29 for the three months ended June 30, 2022 and 2021, respectively and a decrease of $(47) and $(7) for the six months ended June 30, 2022 and 2021, respectively.
At June 30, 2022, Newmont had the following provisionally priced concentrate sales subject to final pricing over the next several months:
Provisionally Priced Sales
Subject to Final Pricing
(ounces/pounds)
Average Provisional
Price
(per ounce/pound)
Gold (ounces, in thousands) 200 $1,810 
Copper (pounds, in millions)31$3.74 
Silver (ounces, in millions)$20.35 
Lead (pounds, in millions)16$0.87 
Zinc (pounds, in millions)85$1.44