10-QPeriod: Q1 FY2009

NEWMONT Corp /DE/ Quarterly Report for Q1 Ended Mar 31, 2009

Filed April 30, 2009For Securities:NEMNEMCL

Summary

Newmont Mining Corporation's (NEM) first quarter 2009 10-Q filing reveals a company navigating a dynamic economic environment. While the report details financial performance for the period ending March 30, 2009, the overarching narrative suggests a focus on operational efficiency and managing costs amidst commodity price fluctuations. Investors should pay close attention to the company's liquidity position and any forward-looking statements regarding production levels and capital expenditures, as these will be key indicators of future performance. The Management's Discussion and Analysis (MD&A) section is crucial for understanding the drivers behind the reported financial results. Key areas to scrutinize include revenue generation, cost management strategies, and the company's outlook on market risks, particularly related to gold and copper prices. The filing also provides insights into the company's adherence to recently adopted accounting pronouncements, which could impact financial reporting.

Financial Highlights

48 data points
Beta

Net Income

$189.00M

EPS (Diluted)

$0.40

Total Assets

$17.02B

Cash & Equivalents

$1.45B

Free Cash Flow

$385.00M

Financial Statements
Beta
Gross Profit$606.00M
R&D Expenses$31.00M
Operating Expenses$1.13B
Operating Income$189.00M
Interest Expense$32.00M
Net Income$189.00M
EPS (Basic)$0.40
EPS (Diluted)$0.40
Shares Outstanding (Basic)472.00M
Shares Outstanding (Diluted)473.00M

Key Highlights

  • 1The report covers the financial performance for the quarter ended March 30, 2009.
  • 2Key financial statements including Income, Balance Sheets, and Cash Flows are presented.
  • 3Management's Discussion and Analysis (MD&A) provides insights into the company's results of operations and financial condition.
  • 4The filing includes information on Liquidity and Capital Resources, crucial for assessing financial health.
  • 5Disclosures regarding Market Risk are provided, allowing investors to understand exposure to commodity price volatility.
  • 6Information on Legal Proceedings and Issuer Purchases of Equity Securities is included in Part II.
  • 7The company discusses recently adopted accounting pronouncements that may affect financial reporting.

Frequently Asked Questions

The 10-Q filing provides the detailed financial statements for the quarter ending March 30, 2009. Investors should refer to the Consolidated Statements of Income, Balance Sheets, and Cash Flows for a comprehensive overview of the company's financial performance, profitability, and cash generation during this period. The MD&A section will offer management's perspective on the key drivers of these results.

The 'Liquidity and Capital Resources' section within the MD&A is essential for understanding Newmont's financial flexibility. Investors should examine this section for information on cash on hand, access to credit facilities, debt levels, and planned capital expenditures. This will provide insight into the company's ability to fund its operations, invest in growth, and manage its financial obligations.

Item 3, 'Quantitative and Qualitative Disclosures About Market Risk,' will detail Newmont's exposure to market fluctuations, primarily related to commodity prices (such as gold and copper), interest rates, and foreign currency exchange rates. Understanding these risks is vital for investors to assess the potential impact on the company's earnings and overall financial stability.

Part II of the filing includes 'Legal Proceedings' and 'Issuer Purchases of Equity Securities.' Investors can find information regarding any ongoing legal matters that could materially impact the company, as well as details on any share buyback programs or other equity transactions undertaken by Newmont during the reporting period.