DENVER – Feb. 9, 2026 – Newmont Corporation (NYSE: NEM, ASX: NEM, PNGX: NEM) (“Newmont”) today stated its position in response to investor questions and media reports regarding Barrick Mining Corporation’s (TSX: ABX, NYSE: B) preparations for an initial public offering (IPO) of its North American gold assets and operational performance. These assets include interests in Nevada Gold Mines (NGM), Pueblo Viejo, and Fourmile.
Any transaction implicating Newmont’s joint ventures must respect the protections that are contained in those agreements, including, but not limited to, the transfer restriction requirements. Newmont’s primary concern is the operation and management of NGM, which has suffered a degradation in performance and subsequent asset value over the past six years. To that end, Newmont is taking appropriate steps to address these issues with Barrick, with the goal of reversing this decline in performance and ensuring these assets generate the value they are capable of delivering. Newmont remains focused on generating and protecting long-term value through operational excellence and will act in the best interests of its shareholders.
###
About Newmont
Newmont is the world’s leading gold company and a producer of copper, zinc, lead, and silver. The Company’s world-class portfolio of assets, prospects and talent is anchored in favorable mining jurisdictions in Africa, Australia, Latin America & Caribbean, North America, and Papua New Guinea. Newmont is the only gold producer listed in the S&P 500 Index and is widely recognized for its principled environmental, social, and governance practices. Newmont is an industry leader in value creation, supported by robust safety standards, superior execution, and technical expertise. Founded in 1921, the Company has been publicly traded since 1925. At Newmont, our purpose is to create value and improve lives through sustainable and responsible mining. To learn more about Newmont’s sustainability strategy and initiatives, go to www.newmont.com.
Media Contact – Global
Shannon Brushe
globalcommunications@newmont.com
Investor Contact – Global
Neil Backhouse
investor.relations@newmont.com
Cautionary Statement Regarding Forward-Looking Statements
This news release may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbor created by such sections and other applicable laws. Where a forward-looking statement expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. However, such statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by the forward-looking statements. Forward-looking statements in this news release include, without limitation, expectations regarding future financial performance, opportunities, value creation, capital allocation, cost and productivity improvements and other statements regarding future events or results. For a discussion of risks and other factors that might impact future looking statements, see the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, filed with the U.S. Securities and Exchange Commission on February 21, 2025, under the heading Risk Factors.