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, 2022 | | | | | | CC&V | $ | 81 | | | $ | — | | | $ | 81 | | Musselwhite | 74 | | | — | | | 74 | | Porcupine | 127 | | | — | | | 127 | | Éléonore | 94 | | | — | | | 94 | | Peñasquito: | | | | | | Gold | 23 | | | 205 | | | 228 | | Silver (1) | — | | | 105 | | | 105 | | Lead | — | | | 26 | | | 26 | | Zinc | — | | | 105 | | | 105 | | Total Peñasquito | 23 | | | 441 | | | 464 | | North America | 399 | | | 441 | | | 840 | | | | | | | | Yanacocha | 90 | | | — | | | 90 | | Merian | 145 | | | — | | | 145 | | Cerro Negro | 114 | | | — | | | 114 | | South America | 349 | | | — | | | 349 | | | | | | | | Boddington: | | | | | | Gold | 78 | | | 205 | | | 283 | | Copper | — | | | 48 | | | 48 | | Total Boddington | 78 | | | 253 | | | 331 | | Tanami | 220 | | | — | | | 220 | | Australia | 298 | | | 253 | | | 551 | | | | | | | | Ahafo | 263 | | | — | | | 263 | | Akyem | 174 | | | — | | | 174 | | Africa | 437 | | | — | | | 437 | | | | | | | | Nevada Gold Mines (2) | 439 | | | 18 | | | 457 | | Nevada | 439 | | | 18 | | | 457 | | | | | | | | Consolidated | $ | 1,922 | | | $ | 712 | | | $ | 2,634 | |
____________________________ (1)Silver sales from concentrate includes $17 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 $434 for the three months ended September 30, 2022. | | | | | | | | | | | | | | | | | | | 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 | Nine Months Ended September 30, 2022 | | | | | | CC&V | $ | 229 | | | $ | 5 | | | $ | 234 | | Musselwhite | 207 | | | — | | | 207 | | Porcupine | 366 | | | — | | | 366 | | Éléonore | 275 | | | — | | | 275 | | Peñasquito: | | | | | | Gold | 79 | | | 631 | | | 710 | | Silver (1) | — | | | 401 | | | 401 | | Lead | — | | | 98 | | | 98 | | Zinc | — | | | 407 | | | 407 | | Total Peñasquito | 79 | | | 1,537 | | | 1,616 | | North America | 1,156 | | | 1,542 | | | 2,698 | | | | | | | | Yanacocha | 346 | | | (1) | | | 345 | | Merian | 518 | | | — | | | 518 | | Cerro Negro | 381 | | | — | | | 381 | | South America | 1,245 | | | (1) | | | 1,244 | | | | | | | | Boddington: | | | | | | Gold | 276 | | | 817 | | | 1,093 | | Copper | — | | | 223 | | | 223 | | Total Boddington | 276 | | | 1,040 | | | 1,316 | | Tanami | 655 | | | — | | | 655 | | Australia | 931 | | | 1,040 | | | 1,971 | | | | | | | | Ahafo | 718 | | | — | | | 718 | | Akyem | 546 | | | — | | | 546 | | Africa | 1,264 | | | — | | | 1,264 | | | | | | | | Nevada Gold Mines (2) | 1,489 | | | 49 | | | 1,538 | | Nevada | 1,489 | | | 49 | | | 1,538 | | | | | | | | Consolidated | $ | 6,085 | | | $ | 2,630 | | | $ | 8,715 | |
____________________________ (1)Silver sales from concentrate includes $56 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 $1,485 for the nine months ended September 30, 2022. | | | | | | | | | | | | | | | | | | | 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. Trade Receivables and Provisional Sales At September 30, 2022 and December 31, 2021, Trade receivables primarily consisted of sales from provisionally priced concentrate and other production. The impact to Sales from revenue recognized due to the changes in pricing on provisional sales is a decrease of $39 and $11 for the three months ended September 30, 2022 and 2021, respectively and a decrease of $86 and $18 for the nine months ended September 30, 2022 and 2021, respectively. At September 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) | 222 | | | $ | 1,667 | | Copper (pounds, in millions) | 26 | | $ | 3.43 | | Silver (ounces, in millions) | 4 | | | $ | 18.98 | | Lead (pounds, in millions) | 23 | | $ | 0.87 | | Zinc (pounds, in millions) | 42 | | $ | 1.37 | |
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