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SALES (Tables)
3 Months Ended
Mar. 31, 2023
Revenue from Contract with Customer [Abstract]  
Schedule of sales by mining operation, product and by inventory type, and provisional sales
The following tables present the Company’s Sales by mining operation, product and inventory type:
Gold Sales from Doré ProductionSales from Concentrate and Other ProductionTotal Sales
Three Months Ended March 31, 2023
CC&V$91 $— $91 
Musselwhite 83 — 83 
Porcupine 123 — 123 
Éléonore 129 — 129 
Peñasquito:
Gold15 95 110 
Silver (1)
— 117 117 
Lead— 32 32 
Zinc— 117 117 
Total Peñasquito15 361 376 
Merian159 — 159 
Cerro Negro 116 — 116 
Yanacocha94 100 
Boddington:
Gold93 288 381 
Copper— 110 110 
Total Boddington93 398 491 
Tanami123 — 123 
Ahafo249 — 249 
Akyem148 — 148 
Nevada Gold Mines (2)
473 18 491 
Consolidated$1,896 $783 $2,679 
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(1)Silver sales from concentrate includes $16 related to non-cash amortization of the silver streaming agreement liability.
(2)The Company purchases its proportionate share of gold doré from NGM for resale to third parties. Gold doré purchases from NGM totaled $481 for the three months ended March 31, 2023.
Gold Sales from Doré ProductionSales from Concentrate and Other ProductionTotal Sales
Three Months Ended March 31, 2022
CC&V$63 $$68 
Musselwhite 60 — 60 
Porcupine 114 — 114 
Éléonore 94 — 94 
Peñasquito:
Gold31 221 252 
Silver (1)
— 156 156 
Lead— 44 44 
Zinc— 210 210 
Total Peñasquito31 631 662 
Merian195 — 195 
Cerro Negro 122 — 122 
Yanacocha127 — 127 
Boddington:
Gold91 290 381 
Copper— 99 99 
Total Boddington91 389 480 
Tanami186 — 186 
Ahafo202 — 202 
Akyem169 — 169 
Nevada Gold Mines (2)
529 15 544 
Consolidated$1,983 $1,040 $3,023 
____________________________
(1)Silver sales from concentrate includes $19 related to non-cash amortization of the silver streaming agreement liability.
(2)The Company purchases its proportionate share of gold doré from NGM for resale to third parties. Gold doré purchases from NGM totaled $526 for the three months ended March 31, 2022.
At March 31, 2023, Newmont had the following provisionally priced concentrate sales subject to final pricing over the next several months:
GoldCopperSilverLeadZinc
(ounces,
in thousands)
(pounds,
in millions)
(ounces,
in thousands)
(pounds,
in millions)
(pounds,
in millions)
Provisionally priced sales subject to final pricing (1)
132373,493 1959
Average provisional price, per measure$1,969 $4.05 $24.08 $0.96 $1.33 
____________________________
(1)Includes provisionally priced by-product sales subject to final pricing, which are recognized within Costs applicable to sales.