NGT Overview

Milestone Achievement: Newmont Corporation announced the first gold pour at its Ahafo North Project in Ghana on September 19, 2025, marking a significant step towards commercial production expected in Q4 2025.

Economic Impact: The Ahafo North Project is projected to produce 275,000 to 325,000 ounces of gold annually over 13 years, creating approximately 4,500 contracted jobs and contributing to Ghana's economy through various financial channels.

Newmont Corp. Stake Sale: Newmont Corp. has sold its entire 13.3% stake in Orla Mining Ltd. for nearly $900 million, raising $439 million from the sale of 43 million shares at US$10.14 each on the Toronto Stock Exchange.

Strategic Focus: The sale is part of Newmont's strategy to streamline its equity portfolio and redirect cash towards capital allocation priorities, with CEO Tom Palmer emphasizing the company's commitment to efficiency and shareholder rewards.

Newmont's Sale of Coffee Project: Newmont Corporation has agreed to sell its Coffee Project in Yukon, Canada to Fuerte Metals Corporation for up to $150 million, with the transaction expected to close in Q4 2025, pending certain conditions.

Transaction Details: The deal includes $10 million in cash at closing, $40 million in Fuerte shares, and a 3.0% Net Smelter Return royalty, which Fuerte can repurchase for up to $100 million. Newmont will own approximately 27% of Fuerte's shares post-transaction.

Newmont's Delisting from TSX: Newmont Corporation has applied for a voluntary delisting of its shares from the Toronto Stock Exchange (TSX) due to low trading volumes, which is expected to take effect around September 24, 2025. The company aims to improve administrative efficiency and reduce costs for shareholders.

Continued Listings on Other Exchanges: Despite the delisting from TSX, Newmont will maintain its primary listing on the New York Stock Exchange (NYSE) and continue to support listings on the Australian Securities Exchange (ASX) and the Papua New Guinea Stock Exchange (PNGX), allowing shareholders to trade under the symbol "NEM".

Credit Rating Upgrade: Newmont Corporation's issuer credit rating has been upgraded by Moody's from Baa1 to A3, reflecting an improved credit profile and strong financial management.

Financial Strength: The company reported $6.2 billion in consolidated cash and $10.2 billion in liquidity as of the end of Q2 2025, emphasizing its commitment to maintaining a robust balance sheet.

Capital Allocation Strategy: Newmont focuses on balancing financial strength with steady reinvestment in the business while delivering shareholder returns through dividends and share repurchases.

Company Overview: As a leading gold producer, Newmont operates globally and is recognized for its environmental, social, and governance practices, aiming to create value through sustainable mining.

Tender Offers Announcement: Newmont Corporation has announced pricing terms for its cash Tender Offers to purchase up to $2 billion of its outstanding notes, with specific details on total consideration and acceptance priority levels for various series of notes.

Investor Guidance: The company emphasizes that the Tender Offers are subject to conditions outlined in the Offer to Purchase, and it does not provide recommendations for note holders regarding whether to tender their notes.