纽蒙特 2025年度报告

(Mark One)☒ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December31, 2025or☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period from__________to__________Commission File Number: 001-31240 NEWMONT CORPORATION(Exact name of registrant as specified in its charter) Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.☒Yes☐No Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filingrequirements for the past 90 days.☒Yes☐No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 ofRegulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).☒Yes☐No Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or anemerging growth company. See definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12-b2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any newor revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the Registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internalcontrol over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared orissued its audit report.☒ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in thefiling reflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensationreceived by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b).☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12-b2 of the Exchange Act).☐Yes☒No At June 30, 2025, the aggregate market value of the registrant’s voting and non-voting common equity held by non-affiliates of the registrant was$64,108,664,771based on the closing sale price as reported on the New York Stock Exchange. There were 1,087,874,212 shares of common stock outstanding onFebruary12, 2026. DOCUMENTS INCORPORATED BY REFERENCE Portions of Registrant’s definitive Proxy Statement for the Registrant’s 2026 Annual Stockholders Meeting will be filed no later than 120 days after the closeof the Registrant's fiscal year ended December31, 2025, are incorporated by reference into PartIII of this report. TABLE OF CONTENTSPART IPageGLOSSARY: UNITS OF MEASURE AND ABBREVIATIONS1RESULTS AND HIGHLIGHTS2ITEM1.BUSINESS6Introduction6Segment Information6Products6Competition9Licenses and Concessions9Condition of Physical Assets and Insurance9Environmental, Social and Governance10Risk Factor Summary13Forward-Looking Statements15Available Information17ITEM1A.RISK FACTORS17ITEM1B.UNRESOLVED STAFF COMMENTS50ITEM1C.CYBERSECURITY50ITEM 2.PROPERTIES53Production and Development Properties53Operating Statistics63Proven and Probable Reserves70Measured, Indicated, and Inferred Resources78ITEM3.LEGAL PROCEEDINGS87ITEM4.MINE SAFETY DISCLOSURES87PART IIITEM 5.MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASE OF EQUITY SECURITIES88ITEM 6.RESERVED88ITEM7.MANAGEMENT’S DISCUSSION AND ANALYSIS OF CONSOLIDATED FINANCIAL CONDITION AND RESULTS OF OPERATIONS89Overview89Consolidated Financial Results90Results of Consolidated Operations94Foreign Currency Exchange Rates98Liquidity and Capital Resources99Environmental104Forward Looking Statements105Non-GAAP Financial Measures105Accounting Developments116Critical Accounting Estimates116ITEM7A.QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK120Metal Prices120Foreign Currency121Commodity Price Exposure121ITEM 8.FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA123ITEM 9.CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE187ITEM9A.CONTROLS AND PROCEDURES187ITEM9B.OTHER INFORMATION189ITEM9C.DISCLOSURE REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS189PART IIIITEM10.DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE190ITEM 11.EXECUTI