NEM News: Newmont Corp (NEM) Posts $2.5 Billion Net Loss Amid Impairments, Yet Delivers Solid Production ... - 22nd Feb 2024, 11:31pm

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Net Loss: Reported a net loss of $2.5 billion for FY 2023, primarily due to impairment and reclamation charges. Production: Produced 5.5 million ounces of gold and 891 thousand gold equivalent ounces from other metals in 2023. Dividends: Delivered $1.4 billion in dividends to shareholders in 2023. Cash Flow: Generated $2.8 billion in cash from operations and reported $88 million in free cash flow. Costs: Gold Costs Applicable to Sales (CAS) per ounce at $1,050 and All-In Sustaining Costs (AISC) ...

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