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 June 30, 2022 | | | | | | CC&V | $ | 85 | | | $ | — | | | $ | 85 | | Musselwhite | 73 | | | — | | | 73 | | Porcupine | 125 | | | — | | | 125 | | Éléonore | 87 | | | — | | | 87 | | Peñasquito: | | | | | | Gold | 25 | | | 205 | | | 230 | | Silver (1) | — | | | 140 | | | 140 | | Lead | — | | | 28 | | | 28 | | Zinc | — | | | 92 | | | 92 | | Total Peñasquito | 25 | | | 465 | | | 490 | | North America | 395 | | | 465 | | | 860 | | | | | | | | Yanacocha | 129 | | | (1) | | | 128 | | Merian | 178 | | | — | | | 178 | | Cerro Negro | 145 | | | — | | | 145 | | South America | 452 | | | (1) | | | 451 | | | | | | | | Boddington: | | | | | | Gold | 107 | | | 322 | | | 429 | | Copper | — | | | 76 | | | 76 | | Total Boddington | 107 | | | 398 | | | 505 | | Tanami | 249 | | | — | | | 249 | | Australia | 356 | | | 398 | | | 754 | | | | | | | | Ahafo | 253 | | | — | | | 253 | | Akyem | 203 | | | — | | | 203 | | Africa | 456 | | | — | | | 456 | | | | | | | | Nevada Gold Mines (2) | 521 | | | 16 | | | 537 | | Nevada | 521 | | | 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 Production | | Sales from Concentrate and Other Production | | Total Sales | Three Months Ended June 30, 2021 | | | | | | CC&V | $ | 116 | | | $ | — | | | $ | 116 | | Musselwhite | 63 | | | — | | | 63 | | Porcupine | 122 | | | — | | | 122 | | Éléonore | 124 | | | — | | | 124 | | Peñasquito: | | | | | | Gold | 66 | | | 260 | | | 326 | | Silver (1) | — | | | 175 | | | 175 | | Lead | — | | | 43 | | | 43 | | Zinc | — | | | 137 | | | 137 | | Total Peñasquito | 66 | | | 615 | | | 681 | | North America | 491 | | | 615 | | | 1,106 | | | | | | | | Yanacocha | 115 | | | 8 | | | 123 | | Merian | 196 | | | — | | | 196 | | Cerro Negro | 142 | | | — | | | 142 | | South America | 453 | | | 8 | | | 461 | | | | | | | | Boddington: | | | | | | Gold | 85 | | | 259 | | | 344 | | Copper | — | | | 80 | | | 80 | | Total Boddington | 85 | | | 339 | | | 424 | | Tanami | 199 | | | — | | | 199 | | Australia | 284 | | | 339 | | | 623 | | | | | | | | Ahafo | 189 | | | — | | | 189 | | Akyem | 163 | | | — | | | 163 | | Africa | 352 | | | — | | | 352 | | | | | | | | Nevada Gold Mines (2) | 505 | | | 18 | | | 523 | | Nevada | 505 | | | 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 Production | | Sales from Concentrate and Other Production | | Total Sales | Six Months Ended June 30, 2022 | | | | | | CC&V | $ | 148 | | | $ | 5 | | | $ | 153 | | Musselwhite | 133 | | | — | | | 133 | | Porcupine | 239 | | | — | | | 239 | | Éléonore | 181 | | | — | | | 181 | | Peñasquito: | | | | | | Gold | 56 | | | 426 | | | 482 | | Silver (1) | — | | | 296 | | | 296 | | Lead | — | | | 72 | | | 72 | | Zinc | — | | | 302 | | | 302 | | Total Peñasquito | 56 | | | 1,096 | | | 1,152 | | North America | 757 | | | 1,101 | | | 1,858 | | | | | | | | Yanacocha | 256 | | | (1) | | | 255 | | Merian | 373 | | | — | | | 373 | | Cerro Negro | 267 | | | — | | | 267 | | South America | 896 | | | (1) | | | 895 | | | | | | | | Boddington: | | | | | | Gold | 198 | | | 612 | | | 810 | | Copper | — | | | 175 | | | 175 | | Total Boddington | 198 | | | 787 | | | 985 | | Tanami | 435 | | | — | | | 435 | | Australia | 633 | | | 787 | | | 1,420 | | | | | | | | Ahafo | 455 | | | — | | | 455 | | Akyem | 372 | | | — | | | 372 | | Africa | 827 | | | — | | | 827 | | | | | | | | Nevada Gold Mines (2) | 1,050 | | | 31 | | | 1,081 | | Nevada | 1,050 | | | 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 Production | | Sales from Concentrate and Other Production | | Total Sales | Six Months Ended June 30, 2021 | | | | | | CC&V | $ | 215 | | | $ | — | | | $ | 215 | | Musselwhite | 133 | | | — | | | 133 | | Porcupine | 253 | | | — | | | 253 | | Éléonore | 233 | | | — | | | 233 | | Peñasquito: | | | | | | Gold | 122 | | | 514 | | | 636 | | Silver (1) | — | | | 343 | | | 343 | | Lead | — | | | 87 | | | 87 | | Zinc | — | | | 263 | | | 263 | | Total Peñasquito | 122 | | | 1,207 | | | 1,329 | | North America | 956 | | | 1,207 | | | 2,163 | | | | | | | | Yanacocha | 224 | | | 9 | | | 233 | | Merian | 389 | | | — | | | 389 | | Cerro Negro | 226 | | | — | | | 226 | | South America | 839 | | | 9 | | | 848 | | | | | | | | Boddington: | | | | | | Gold | 151 | | | 437 | | | 588 | | Copper | — | | | 132 | | | 132 | | Total Boddington | 151 | | | 569 | | | 720 | | Tanami | 418 | | | — | | | 418 | | Australia | 569 | | | 569 | | | 1,138 | | | | | | | | Ahafo | 376 | | | — | | | 376 | | Akyem | 350 | | | — | | | 350 | | Africa | 726 | | | — | | | 726 | | | | | | | | Nevada Gold Mines (2) | 1,030 | | | 32 | | | 1,062 | | Nevada | 1,030 | | | 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 production | 364 | | | 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) | 4 | | | $ | 20.35 | | Lead (pounds, in millions) | 16 | | $ | 0.87 | | Zinc (pounds, in millions) | 85 | | $ | 1.44 | |
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