10-KPeriod: FY2016

NEWMONT Corp /DE/ Annual Report, Year Ended Dec 31, 2016

Filed February 21, 2017For Securities:NEMNEMCL

Summary

Newmont Corporation's 2016 10-K filing provides a comprehensive overview of its business, financial performance, and strategic outlook as of December 30, 2016. The company, a leading global gold producer, highlighted its significant gold, copper, and silver reserves, underscoring its resource base and future production potential. Investors can glean insights into the company's operational performance across various segments and geographic locations. The report details Newmont's financial condition, results of operations, liquidity, and capital resources. Key areas of focus for investors include the company's commodity price risk management, hedging activities, and its approach to environmental, health, and safety matters. The filing also outlines the risk factors that could impact the company's future performance, offering transparency into potential challenges.

Financial Highlights

47 data points
Beta

Revenue

$6.68B

Net Income

-$629.00M

-9.4% Net Margin

EPS (Diluted)

$-1.18

Total Assets

$21.07B

Cash & Equivalents

$2.76B

Free Cash Flow

$2.79B

Financial Statements
Beta
Revenue$6.68B
R&D Expenses$134.00M
Operating Expenses$6.70B
Operating Income-$226.00M
Net Income-$629.00M
EPS (Basic)$-1.19
EPS (Diluted)$-1.18
Shares Outstanding (Basic)530.00M
Shares Outstanding (Diluted)532.00M

Key Highlights

  • 1Newmont maintains substantial proven and probable gold, copper, and silver reserves, indicating a strong resource foundation for future production.
  • 2The company engaged in hedging activities to manage exposure to fluctuating metal prices, a key consideration for commodity producers.
  • 3Detailed information on operating statistics, production, and development properties provides insights into the company's operational scale and efficiency.
  • 4The report addresses significant environmental, health, and safety matters, reflecting industry-specific risks and corporate responsibility.
  • 5Risk factors are comprehensively outlined, offering investors a clear understanding of potential challenges and uncertainties affecting Newmont's business.
  • 6Consolidated financial results and analysis of liquidity and capital resources offer a view into the company's financial health and investment capacity.
  • 7Management's Discussion and Analysis (MD&A) provides a detailed narrative on the company's performance, market risks, and strategic outlook.

Frequently Asked Questions

Newmont Corporation's primary sources of revenue are derived from the sale of gold, copper, and silver. The company's extensive mining operations and significant reserves in these commodities form the basis of its sales and revenue generation.

Newmont utilizes hedging activities to manage its exposure to fluctuations in metal prices. The 2016 10-K discusses these hedging strategies, which aim to provide a degree of price certainty and mitigate the impact of market volatility on financial results.

Key operational risks for Newmont include those related to geological and mining challenges, operational disruptions, environmental compliance, health and safety incidents, labor relations, and the stability of operations in various geopolitical regions where it operates. The 'Risk Factors' section of the 10-K elaborates on these potential issues.

Newmont operates a portfolio of mining assets across various continents. While the 2016 filing does not list specific current operations in detail here, it typically operates in North America, South America, Australia, and Asia, with a focus on gold and copper production.