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Newmont sees FY23 gold production 5.7M-6.3M ounces
The Fly

Newmont sees FY23 gold production 5.7M-6.3M ounces

As previously signaled, 2023 production guidance is between 5.7 and 6.3 million gold ounces; steadily improves to between 6.1 and 6.7 million ounces in the longer-term, driven by strong production from world-class assets and an unmatched organic project pipeline; further enhanced by profitable production from other metals Gold CAS guidance is $870 to $970 per ounce and Gold AISC guidance is $1,150 to $1,250 per ounce for 2023, improving longer-term due to declining inflationary pressure assumptions and increased production levels Sustaining capital guidance is $1.0 to $1.2 billion for 2023, consistent with longer-term averages

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