Newmont (NEM) 10-Q 29 Apr 21 2021 Q1 Quarterly report Financial data

Cover

Cover - shares	3 Months Ended
	Mar. 31, 2021	Apr. 22, 2021
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2021
Document Transition Report	false
Entity File Number	001-31240
Entity Registrant Name	NEWMONT CORPORATION
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	84-1611629
Entity Address, Address Line One	6900 E Layton Ave
Entity Address, City or Town	Denver
Entity Address, State or Province	CO
Entity Address, Postal Zip Code	80237
City Area Code	(303)
Local Phone Number	863-7414
Title of 12(b) Security	Common stock, par value $1.60 per share
Trading Symbol	NEM
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		801,161,942
Entity Central Index Key	0001164727
Amendment Flag	false
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q1
Current Fiscal Year End Date	--12-31

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2021	Mar. 31, 2020
Income Statement [Abstract]
Sales (Note 4)		$ 2,872	$ 2,581
Costs and expenses:
Costs applicable to sales	[1]	1,247	1,332
Depreciation and amortization		553	565
Reclamation and remediation (Note 5)		46	38
Exploration		35	44
Advanced projects, research and development		31	27
General and administrative		65	65
Other expense, net (Note 6)		39	53
Total costs and expenses		2,016	2,124
Other income (expense):
Gain on asset and investment sales, net (Note 7)		43	593
Other income, net (Note 8)		(82)	(189)
Interest expense, net of capitalized interest		(74)	(82)
Total other income (expense)		(113)	322
Income (loss) before income and mining tax and other items		743	779
Income and mining tax benefit (expense) (Note 9)		(235)	23
Equity income (loss) of affiliates (Note 10)		50	37
Net income (loss) from continuing operations		558	839
Net income (loss) from discontinued operations		21	(15)
Net income (loss)		579	824
Net loss (income) attributable to noncontrolling interests (Note 11)		(20)	(2)
Net income (loss) attributable to Newmont stockholders		559	822
Net income (loss) attributable to Newmont stockholders:
Continuing operations		538	837
Discontinued operations		21	(15)
Net income (loss) attributable to Newmont stockholders		$ 559	$ 822
Basic:
Continuing operations (in dollars per share)		$ 0.67	$ 1.04
Discontinued operations (in dollars per share)		0.03	(0.02)
Net income (loss) per common share, basic (in dollars per share)		0.70	1.02
Diluted:
Continuing operations (in dollars per share)		0.67	1.04
Discontinued operations (in dollars per share)		0.03	(0.02)
Net income (loss) per common share, diluted (in dollars per share)		$ 0.70	$ 1.02
[1]	Excludes Depreciation and amortization and Reclamation and remediation .

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 579	$ 824
Other comprehensive income (loss):
Change in marketable securities, net of tax of $— and $—, respectively	0	(6)
Foreign currency translation adjustments	2	10
Change in pension and other post-retirement benefits, net of tax of $(1) and $(1), respectively	6	5
Change in fair value of cash flow hedge instruments, net of tax of $(1) and $(2), respectively	3	4
Other comprehensive income (loss)	11	13
Comprehensive income (loss)	590	837
Comprehensive income (loss) attributable to:
Newmont stockholders	570	835
Noncontrolling interests	20	2
Comprehensive income (loss)	$ 590	$ 837

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Parenthetical) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Statement of Comprehensive Income [Abstract]
Change in marketable securities, tax	$ 0	$ 0
Change in pension and other post-retirement benefits, tax	(1)	(1)
Change in fair value of cash flow hedge instruments, tax	$ (1)	$ (2)

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Operating activities:
Net income (loss)	$ 579	$ 824
Adjustments:
Depreciation and amortization	553	565
Gain on asset and investment sales, net (Note 7)	(43)	(593)
Net loss (income) from discontinued operations	(21)	15
Change in fair value of investments (Note 8)	110	93
Reclamation and remediation	43	35
Deferred income taxes	(25)	(118)
Stock-based compensation (Note 13)	17	21
Impairment of investments (Note 8)	0	93
Charges from debt extinguishment (Note 8)	0	74
Other non-cash adjustments	(47)	(97)
Net change in operating assets and liabilities (Note 21)	(325)	27
Net cash provided by (used in) operating activities of continuing operations	841	939
Net cash provided by (used in) operating activities of discontinued operations	0	(3)
Net cash provided by (used in) operating activities	841	936
Investing activities:
Additions to property, plant and mine development	(399)	(328)
Proceeds from sales of investments	62	264
Contributions to equity method investees	(27)	(5)
Return of investment from equity method investees	18	43
Purchases of investments	(4)	(12)
Proceeds from sales of mining operations and other assets, net	1	1,121
Other	(1)	40
Net cash provided by (used in) investing activities	(350)	1,123
Financing activities:
Dividends paid to common stockholders	(441)	(112)
Distributions to noncontrolling interests	(54)	(46)
Funding from noncontrolling interests	30	28
Payments for withholding of employee taxes related to stock-based compensation	(28)	(36)
Payments on lease and other financing obligations	(18)	(16)
Repayment of debt	0	(1,070)
Proceeds from issuance of debt, net	0	985
Repurchases of common stock	0	(321)
Other	0	2
Net cash provided by (used in) financing activities	(511)	(586)
Effect of exchange rate changes on cash, cash equivalents and restricted cash	(2)	(4)
Net change in cash, cash equivalents and restricted cash	(22)	1,469
Cash, cash equivalents and restricted cash at beginning of period	5,648	2,349
Cash, cash equivalents and restricted cash at end of period	$ 5,626	$ 3,818

CONDENSED CONSOLIDATED STATEM_5

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical) - USD ($) $ in Millions	Mar. 31, 2021	Mar. 31, 2020
Reconciliation of cash, cash equivalents and restricted cash:
Cash and cash equivalents	$ 5,518	$ 3,709
Restricted cash included in Other current assets	2	2
Restricted cash included in Other non-current assets	106	107
Total cash, cash equivalents and restricted cash	$ 5,626	$ 3,818

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2021	Dec. 31, 2020
ASSETS
Cash and cash equivalents	$ 5,518	$ 5,540
Trade receivables (Note 4)	263	449
Investments (Note 15)	240	290
Inventories (Note 16)	971	963
Stockpiles and ore on leach pads (Note 17)	890	827
Other current assets	482	436
Current assets	8,364	8,505
Property, plant and mine development, net	24,081	24,281
Investments (Note 15)	3,165	3,197
Stockpiles and ore on leach pads (Note 17)	1,746	1,705
Deferred income tax assets	332	337
Goodwill	2,771	2,771
Other non-current assets	604	573
Total assets	41,063	41,369
LIABILITIES
Accounts payable	446	493
Employee-related benefits	262	380
Income and mining taxes payable	454	657
Lease and other financing obligations	109	106
Debt (Note 18)	1,042	551
Other current liabilities (Note 19)	1,167	1,182
Current liabilities	3,480	3,369
Debt (Note 18)	4,988	5,480
Lease and other financing obligations	575	565
Reclamation and remediation liabilities (Note 5)	3,841	3,818
Deferred income tax liabilities	2,039	2,073
Employee-related benefits	504	493
Silver streaming agreement	958	993
Other non-current liabilities (Note 19)	686	699
Total liabilities	17,071	17,490
Contingently redeemable noncontrolling interest	34	34
EQUITY
Common stock	1,289	1,287
Treasury stock	(196)	(168)
Additional paid-in capital	18,119	18,103
Accumulated other comprehensive income (loss) (Note 20)	(205)	(216)
Retained earnings (accumulated deficit)	4,120	4,002
Newmont stockholders' equity	23,127	23,008
Noncontrolling interests	831	837
Total equity	23,958	23,845
Total liabilities and equity	$ 41,063	$ 41,369

CONDENSED CONSOLIDATED STATEM_6

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($) shares in Millions, $ in Millions		Total	Cumulative Effect, Period of Adoption, Adjustment	Common Stock	Treasury Stock	Additional Paid-In Capital	Accumulated Other Comprehensive Income (Loss)	Retained Earnings (Accumulated Deficit)	Retained Earnings (Accumulated Deficit)Cumulative Effect, Period of Adoption, Adjustment	Noncontrolling Interests
Balance at beginning of period at Dec. 31, 2019		$ 22,370	$ (5)	$ 1,298	$ (120)	$ 18,216	$ (265)	$ 2,291	$ (5)	$ 950
Balance at beginning of period (in shares) at Dec. 31, 2019				811	(3)
Changes in Equity
Net income (loss)		826						822		4
Other comprehensive income (loss)		13					13
Dividends declared		(112)						(112)
Distributions declared to noncontrolling interests		(50)								(50)
Cash calls requested from noncontrolling interests		25								25
Repurchase and retirement of common stock		$ (321)		$ (11)		(160)		(150)
Repurchase and retirement of common stock (in shares)		(7)		(7)
Withholding of employee taxes related to stock-based compensation (in shares)		(0.7)			(1)
Withholding of employee taxes related to stock-based compensation		$ (36)			$ (36)
Stock options exercised		4				4
Stock-based awards and related share issuances		21		$ 3		18
Stock-based awards and related share issuances (in shares)				2
Balance at end of period at Mar. 31, 2020		22,735		$ 1,290	$ (156)	18,078	(252)	2,846		929
Balance at end of period (in shares) at Mar. 31, 2020				806	(4)
Contingently redeemable noncontrolling interest, Balance at beginning of period at Dec. 31, 2019		47
Changes in Contingently Redeemable Noncontrolling Interest
Net income (loss)		(2)
Contingently redeemable noncontrolling interest, Balance at end of period at Mar. 31, 2020		45
Balance at beginning of period at Dec. 31, 2020		23,845		$ 1,287	$ (168)	18,103	(216)	4,002		837
Balance at beginning of period (in shares) at Dec. 31, 2020				804	(4)
Changes in Equity
Net income (loss)		579						559		20
Other comprehensive income (loss)		11					11
Dividends declared	[1]	(441)						(441)
Distributions declared to noncontrolling interests	[2]	(54)								(54)
Cash calls requested from noncontrolling interests	[3]	28								28
Repurchase and retirement of common stock		$ 0
Repurchase and retirement of common stock (in shares)		0
Withholding of employee taxes related to stock-based compensation (in shares)		(0.5)
Withholding of employee taxes related to stock-based compensation		$ (28)			$ (28)
Stock options exercised		1				1
Stock-based awards and related share issuances		17		$ 2		15
Stock-based awards and related share issuances (in shares)				1
Balance at end of period at Mar. 31, 2021		23,958		$ 1,289	$ (196)	$ 18,119	$ (205)	$ 4,120		$ 831
Balance at end of period (in shares) at Mar. 31, 2021				805	(4)
Contingently redeemable noncontrolling interest, Balance at beginning of period at Dec. 31, 2020		34
Changes in Contingently Redeemable Noncontrolling Interest
Net income (loss)		0
Contingently redeemable noncontrolling interest, Balance at end of period at Mar. 31, 2021		$ 34
[1]	Cash dividends declared per common share were $0.55 and $0.14 for the three months ended March 31, 2021 and 2020, respectively.
[2]	Distributions declared to noncontrolling interests of $54 and $50 for the three months ended March 31, 2021 and 2020, respectively, represent cash calls declared by Newmont to Staatsolie for the Merian mine. Newmont paid $54 and $46 for distributions during the three months ended March 31, 2021 and 2020, respectively. Any differences are due to timing of payments.
[3]	Cash calls requested from noncontrolling interests of $28 and $25 for the three months ended March 31, 2021 and 2020, respectively, represent cash calls requested from Staatsolie for the Merian mine. Staatsolie paid $30 and $28 for cash calls during the three months ended March 31, 2021 and 2020, respectively. Differences are due to timing of receipts.

CONDENSED CONSOLIDATED STATEM_7

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (Parenthetical) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2021		Mar. 31, 2020
Cash dividends declared per common share (in dollars per share)	$ 0.55		$ 0.14
Distributions declared to noncontrolling interests	$ 54	[1]	$ 50
Distributions to noncontrolling interests	54		46
Cash calls requested from noncontrolling interests	28	[2]	25
Funding from noncontrolling interests	30		28
Merian mine
Distributions declared to noncontrolling interests	54
Distributions to noncontrolling interests	54
Cash calls requested from noncontrolling interests	28
Funding from noncontrolling interests	30
Noncontrolling Interests
Distributions declared to noncontrolling interests	54	[1]	50
Cash calls requested from noncontrolling interests	$ 28	[2]	25
Noncontrolling Interests | Merian mine
Cash calls requested from noncontrolling interests			25
Funding from noncontrolling interests			$ 28
[1]	Distributions declared to noncontrolling interests of $54 and $50 for the three months ended March 31, 2021 and 2020, respectively, represent cash calls declared by Newmont to Staatsolie for the Merian mine. Newmont paid $54 and $46 for distributions during the three months ended March 31, 2021 and 2020, respectively. Any differences are due to timing of payments.
[2]	Cash calls requested from noncontrolling interests of $28 and $25 for the three months ended March 31, 2021 and 2020, respectively, represent cash calls requested from Staatsolie for the Merian mine. Staatsolie paid $30 and $28 for cash calls during the three months ended March 31, 2021 and 2020, respectively. Differences are due to timing of receipts.

BASIS OF PRESENTATION

BASIS OF PRESENTATION	3 Months Ended
	Mar. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
BASIS OF PRESENTATION	BASIS OF PRESENTATION The interim Condensed Consolidated Financial Statements (“interim statements”) of Newmont Corporation, a Delaware corporation and its subsidiaries (collectively, “Newmont” or the “Company”) are unaudited. In the opinion of management, all adjustments (including normal recurring adjustments) and disclosures necessary for a fair presentation of these interim statements have been included. The results reported in these interim statements are not necessarily indicative of the results that may be reported for the entire year. These interim statements should be read in conjunction with Newmont’s Consolidated Financial Statements for the year ended December 31, 2020 filed on February 18, 2021 on Form 10-K. The year-end balance sheet data was derived from the audited financial statements and, in accordance with the instructions to Form 10-Q, certain information and footnote disclosures required by United States (“U.S.”) generally accepted accounting principles (“GAAP”) have been condensed or omitted. References to “C$” refer to Canadian currency. In March 2021, the Company entered into a binding agreement with GT Gold Corp. ("GT Gold") to acquire the remaining 85.1% of common shares of GT Gold not already owned by Newmont. Under the terms of the arrangement, Newmont will acquire each remaining GT Gold share at a price of C$3.25, for estimated cash consideration of $313. The transaction is expected to close in the second quarter of 2021. In March 2020, the Company sold the Red Lake complex, previously included as part of the Company’s North America segment. As the sale was completed in the first quarter of 2020, there are no results for Red Lake for the three months ended March 31, 2021. Refer to Note 7 for additional information.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
	Mar. 31, 2021
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Risks and Uncertainties As a global mining company, the Company’s revenue, profitability and future rate of growth are substantially dependent on prevailing metal prices, primarily for gold, but also for copper, silver, lead and zinc. Historically, the commodity markets have been very volatile, and there can be no assurance that commodity prices will not be subject to wide fluctuations in the future. A substantial or extended decline in commodity prices could have a material adverse effect on the Company’s financial position, results of operations, cash flows, access to capital and on the quantities of reserves that the Company can economically produce. The carrying value of the Company’s Property, plant and mine development , net; Inventories; Stockpiles and ore on leach pads; Investments; Deferred income tax assets; and Goodwill are particularly sensitive to the outlook for commodity prices. A decline in the Company’s price outlook from current levels could result in material impairment charges related to these assets. In addition to changes in commodity prices, other factors such as changes in mine plans, increases in costs, geotechnical failures, changes in social, environmental or regulatory requirements, impacts of global events such as the COVID-19 pandemic and management’s decision to reprioritize or abandon a development project can adversely affect the Company’s ability to recover its investment in certain assets and result in impairment charges. The COVID-19 pandemic has had a material impact on the global economy, the scale and duration of which remain uncertain. In the first half of 2020, the Company temporarily placed five sites into care and maintenance, including Musselwhite, Éléonore, Yanacocha, Cerro Negro and Peñasquito. The Company worked closely with local stakeholders to resume operations at all five sites during the second quarter of 2020. As of March 31, 2021, all sites were fully operational, with the exception of Cerro Negro that continues to focus on returning operations to full capacity while managing ongoing COVID-related impacts. The impact of this pandemic could include sites being placed into care and maintenance, significant COVID-19 specific costs, volatility in the prices for gold and other metals, logistical challenges shipping our products, delays in product refining and smelting due to restrictions or temporary closures, additional travel restrictions, other supply chain disruptions and workforce interruptions, including loss of life. Depending on the duration and extent of the impact of COVID-19, this could materially impact the Company’s results of operations, cash flows and financial condition and could result in material impairment charges to the Company’s Property, plant and mine development, net ; Inventories ; Stockpiles and ore on leach pads ; Investments ; Deferred income tax assets; and Goodwill . The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the accounting for and recognition and disclosure of assets, liabilities, equity, revenues and expenses. The Company must make these estimates and assumptions because certain information used is dependent on future events, cannot be calculated with a high degree of precision from data available or simply cannot be readily calculated based on generally accepted methodologies. Actual results could differ from these estimates. Reclassifications Certain amounts in prior years have been reclassified to conform to the current year presentation. Recently Adopted Accounting Pronouncements and Securities and Exchange Commission Rules Accounting for Income Taxes In December 2019, ASU No. 2019-12 was issued to simplify the accounting for income taxes, eliminate certain exceptions within ASC 740, Income Taxes, and clarify certain aspects of the current guidance to promote consistency among reporting entities. The Company adopted this standard as of January 1, 2021. The adoption did not have a material impact on the Consolidated Financial Statements or disclosures. Accounting for Equity Securities, Investments and Certain Forward Contracts and Options In January 2020, ASU No. 2020-01 was issued which clarifies the interaction in accounting for equity securities under Topic 321, investments accounted for under the equity method of accounting in ASC 323 and the accounting for certain forward contracts and purchased options accounted for under ASC 815, Derivatives and Hedging. The Company adopted this standard as of January 1, 2021. The adoption did not have a material impact on the Consolidated Financial Statements or disclosures. Financial Disclosures about Acquired and Disposed Businesses In May 2020, the SEC finalized its proposed updates to Rule 3-05 within Regulation S-X, Financial statements of businesses acquired or to be acquired, Rule 3-14, Special instructions for real estate operations to be acquired; Article 11, Pro Forma Financial Information; and other related rules and forms (the “Rules”). The Rules include amendments, which among other things: revise significance tests used to determine disclosure requirements; require the financial statements of the acquired business to cover only up to the two most recent fiscal years; permit the use of, or reconciliation to, International Financial Reporting Standards as issued by the International Accounting Standards Board in certain circumstances; and amend certain pro forma financial information requirements. The Rules were adopted on January 1, 2021. The adoption did not have a material impact on the Consolidated Financial Statements or disclosures. Recently Issued Accounting Pronouncements Effects of Reference Rate Reform In March 2020, ASU No. 2020-04 was issued which provides optional guidance for a limited period of time to ease the potential burden on accounting for contract modifications caused by reference rate reform. This guidance is effective for all entities as of March 12, 2020 through December 31, 2022. The guidance may be adopted over time as reference rate reform activities occur and should be applied on a prospective basis. The Company is still completing its evaluation of the impact of ASU 2020-04 and plans to elect optional expedients as reference rate reform activities occur. In January 2021, ASU No. 2021-01 was issued which broadened the scope of ASU No. 2020-04 to include certain derivative instruments. The Company expects neither the guidance nor the subsequent update to have a material impact on the Consolidated Financial Statements or disclosures.

SEGMENT INFORMATION

SEGMENT INFORMATION	3 Months Ended
	Mar. 31, 2021
Segment Reporting [Abstract]
SEGMENT INFORMATION	SEGMENT INFORMATION The Company has organized its operations into five geographic regions: North America, South America, Australia, Africa and Nevada, which also represent Newmont’s reportable and operating segments. The results of these operating segments are reviewed by the Company’s chief operating decision maker to make decisions about resources to be allocated to the segments and assess their performance. As a result, these operating segments represent the Company’s reportable segments. Notwithstanding this structure, the Company internally reports information on a mine-by-mine basis for each mining operation and has chosen to disclose this information in the following tables. Income (loss) before income and mining tax and other items from reportable segments does not reflect general corporate expenses, interest (except project-specific interest) or income and mining taxes. Intercompany revenue and expense amounts have been eliminated within each segment in order to report on the basis that management uses internally for evaluating segment performance. Newmont’s business activities that are not considered operating segments are included in Corporate and Other. Although they are not required to be included in this footnote, they are provided for reconciliation purposes. Sales Costs Applicable to Sales Depreciation and Amortization Advanced Projects, Research and Development and Exploration Income (Loss) before Income and Mining Tax and Other Items Capital Expenditures (1) Three Months Ended March 31, 2021 CC&V $ 99 $ 61 $ 18 $ 2 $ 18 $ 9 Musselwhite 70 39 20 2 5 9 Porcupine 131 66 24 5 34 11 Éléonore 109 53 32 2 18 17 Peñasquito: Gold 310 89 48 Silver 168 75 41 Lead 44 19 10 Zinc 126 61 29 Total Peñasquito 648 244 128 1 266 31 Other North America — — 4 1 4 — North America 1,057 463 226 13 345 77 Yanacocha 110 50 28 3 3 15 Merian 193 81 25 1 83 10 Cerro Negro 84 40 26 1 6 20 Other South America — — 2 6 (13) — South America 387 171 81 11 79 45 Boddington: Gold 244 131 21 Copper 52 27 4 Total Boddington 296 158 25 2 111 86 Tanami 219 70 23 3 123 59 Other Australia — — 2 2 (3) 2 Australia 515 228 50 7 231 147 Ahafo 187 92 32 3 58 31 Akyem 187 66 32 1 87 8 Other Africa — — — — (2) — Africa 374 158 64 4 143 39 Nevada Gold Mines 539 227 127 6 167 42 Nevada 539 227 127 6 167 42 Corporate and Other — — 5 25 (222) 4 Consolidated $ 2,872 $ 1,247 $ 553 $ 66 $ 743 $ 354 ____________________________ (1) Includes a decrease in accrued capital expenditures of $45; consolidated capital expenditures on a cash basis were $399. Sales Costs Applicable to Sales Depreciation and Amortization Advanced Projects, Research and Development and Exploration Income (Loss) before Income and Mining Tax and Other Items Capital Expenditures (1) Three Months Ended March 31, 2020 CC&V $ 103 $ 60 $ 19 $ 2 $ 20 $ 6 Red Lake 67 45 2 1 20 4 Musselwhite 23 25 14 2 (21) 20 Porcupine 116 55 25 1 34 7 Éléonore 106 61 31 2 10 15 Peñasquito: Gold 159 64 29 Silver 123 68 33 Lead 39 26 13 Zinc 77 73 35 Total Peñasquito 398 231 110 2 66 29 Other North America — — 8 2 (12) — North America 813 477 209 12 117 81 Yanacocha 187 127 44 4 (8) 20 Merian 208 81 25 2 100 9 Cerro Negro 116 51 40 7 8 14 Other South America — — 2 8 (12) — South America 511 259 111 21 88 43 Boddington: Gold 243 131 23 Copper 21 25 5 Total Boddington 264 156 28 1 95 29 Tanami 189 65 24 4 131 31 Other Australia — — 2 2 493 — Australia 453 221 54 7 719 60 Ahafo 151 81 29 5 32 30 Akyem 132 51 27 2 48 7 Other Africa — — — 2 (3) — Africa 283 132 56 9 77 37 Nevada Gold Mines 521 243 131 7 133 59 Nevada 521 243 131 7 133 59 Corporate and Other — — 4 15 (355) 8 Consolidated $ 2,581 $ 1,332 $ 565 $ 71 $ 779 $ 288 ____________________________ (1) Includes a decrease in accrued capital expenditures of $40; consolidated capital expenditures on a cash basis were $328.

SALES

SALES	3 Months Ended
	Mar. 31, 2021
Revenue from Contract with Customer [Abstract]
Sales	SALES The following tables present the Company’s Sales by mining operation, product and inventory type: Gold Sales from Doré Production Sales from Concentrate and Other Production Total Sales Three Months Ended March 31, 2021 CC&V $ 99 $ — $ 99 Musselwhite 70 — 70 Porcupine 131 — 131 Éléonore 109 — 109 Peñasquito: Gold 56 254 310 Silver (1) — 168 168 Lead — 44 44 Zinc — 126 126 Total Peñasquito 56 592 648 North America 465 592 1,057 Yanacocha 109 1 110 Merian 193 — 193 Cerro Negro 84 — 84 South America 386 1 387 Boddington: Gold 66 178 244 Copper — 52 52 Total Boddington 66 230 296 Tanami 219 — 219 Australia 285 230 515 Ahafo 187 — 187 Akyem 187 — 187 Africa 374 — 374 Nevada Gold Mines (2) 525 14 539 Nevada 525 14 539 Consolidated $ 2,035 $ 837 $ 2,872 ____________________________ (1) Silver sales from concentrate includes $20 related to non-cash amortization of the silver streaming agreement liability. (2) The Company purchases its proportionate share of gold from Nevada Gold Mines ("NGM") for resale to third parties. Gold purchases from NGM totaled $522 for the three months ended March 31, 2021. Gold Sales from Doré Production Sales from Concentrate and Other Production Total Sales Three Months Ended March 31, 2020 CC&V $ 103 $ — $ 103 Red Lake 67 — 67 Musselwhite 23 — 23 Porcupine 116 — 116 Éléonore 106 — 106 Peñasquito: Gold 15 144 159 Silver (1) — 123 123 Lead — 39 39 Zinc — 77 77 Total Peñasquito 15 383 398 North America 430 383 813 Yanacocha 187 — 187 Merian 208 — 208 Cerro Negro 116 — 116 South America 511 — 511 Boddington: Gold 54 189 243 Copper — 21 21 Total Boddington 54 210 264 Tanami 189 — 189 Australia 243 210 453 Ahafo 151 — 151 Akyem 132 — 132 Africa 283 — 283 Nevada Gold Mines (2) 509 12 521 Nevada 509 12 521 Consolidated $ 1,976 $ 605 $ 2,581 ____________________________ (1) Silver sales from concentrate includes $21 related to non-cash amortization of the Silver streaming agreement liability. (2) The Company purchases its proportionate share of gold from NGM for resale to third parties. Gold purchases from NGM totaled $513 for the three months ended March 31, 2020. Trade Receivables The following table details the receivables included within Trade receivables : At March 31, At December 31, Receivables from Sales: Gold sales from doré production $ 36 $ 59 Sales from concentrate and other production 227 390 Total receivables from Sales $ 263 $ 449 Provisional Sales The Company sells gold, copper, silver, lead and zinc concentrates on a provisional basis. Provisional concentrate sales contain an embedded derivative that is required to be separated from the host contract for accounting purposes. The host contract is the receivable from the sale of the concentrates at the prevailing indices’ prices at the time of sale. The embedded derivative, which is not designated for hedge accounting treatment, is marked to market through earnings each period prior to final settlement. The impact to Sales from revenue recognized due to the changes in pricing is a decrease of $(36) and $(23) for the three months ended March 31, 2021 and 2020, respectively. At March 31, 2021, Newmont had gold sales of 201,000 ounces priced at an average of $1,692 per ounce, copper sales of 11 million pounds priced at an average price of $4.01 per pound, silver sales of 6 million ounces priced at an average of $24.00 per ounce, lead sales of 29 million pounds priced at an average of $0.89 per pound, and zinc sales of 85 million pounds priced at an average of $1.27 per pound, subject to final pricing over the next several months.

RECLAMATION AND REMEDIATION

RECLAMATION AND REMEDIATION	3 Months Ended
	Mar. 31, 2021
Environmental Remediation Obligations [Abstract]
RECLAMATION AND REMEDIATION	RECLAMATION AND REMEDIATION The Company’s mining and exploration activities are subject to various domestic and international laws and regulations governing the protection of the environment. These laws and regulations are continually changing and are generally becoming more restrictive. The Company conducts its operations to protect public health and the environment and believes its operations are in compliance with applicable laws and regulations in all material respects. The Company has made, and expects to make in the future, expenditures to comply with such laws and regulations, but cannot predict the full amount of such future expenditures. Estimated future reclamation and remediation costs are based principally on current legal and regulatory requirements. The Company’s Reclamation and remediation expense consisted of: Three Months Ended 2021 2020 Reclamation adjustments and other $ 9 $ — Reclamation accretion 32 34 Total reclamation expense 41 34 Remediation adjustments and other 4 2 Remediation accretion 1 2 Total remediation expense 5 4 $ 46 $ 38 The following are reconciliations of Reclamation and remediation liabilities : 2021 2020 Reclamation balance at January 1, $ 3,719 $ 3,334 Additions, changes in estimates and other (1) 9 (2) Adjustment from the Newmont Goldcorp transaction — 15 Payments, net (18) (15) Accretion expense 32 34 Reclamation balance at March 31, $ 3,742 $ 3,366 ____________________________ (1) The $9 addition is primarily due to higher estimated closure plan costs at NGM for the closed Rain site related to water management. 2021 2020 Remediation balance at January 1, $ 313 $ 299 Additions, changes in estimates and other 2 (2) Payments, net (3) (5) Accretion expense 1 2 Remediation balance at March 31, $ 313 $ 294 The current portion of reclamation liabilities was $162 and $164 at March 31, 2021 and December 31, 2020, respectively, and was included in Other current liabilities . The current portion of remediation liabilities was $52 and $50 at March 31, 2021 and December 31, 2020, respectively, and was included in Other current liabilities . At March 31, 2021 and December 31, 2020, $3,742 and $3,719, respectively, were accrued for reclamation obligations relating to operating properties and formerly operating properties that have entered the closure phase and have no substantive future economic value and are included in Reclamation and remediation liabilities . The Company is also involved in several matters concerning environmental remediation obligations associated with former, primarily historic, mining activities. Generally, these matters concern developing and implementing remediation plans at the various sites involved. At March 31, 2021 and December 31, 2020, $313 and $313, respectively, were accrued for such environmental remediation obligations. Depending upon the ultimate resolution of these matters, the Company believes that it is reasonably possible that the liability for these matters could be as much as 48% greater or 0% lower than the amount accrued at March 31, 2021. These amounts are included in Other current liabilities and Reclamation and remediation liabilities . The amounts accrued are reviewed periodically based upon facts and circumstances available at the time. Changes in estimates are recorded in Reclamation and remediation in the period estimates are revised. Included in Other non-current assets at March 31, 2021 and December 31, 2020 was $56 and $56 respectively, of non-current restricted cash held for purposes of settling reclamation and remediation obligations. Of the amounts at March 31, 2021, $48 was related to the Ahafo and Akyem mines in Ghana, Africa and $6 related to NGM in Nevada, United States and $2 was related to the Midnite (Dawn) mine site in Washington, United States. Of the amounts at December 31, 2020, $48 was related to the Ahafo and Akyem mines in Ghana, Africa, $6 related to NGM in Nevada, United States and $2 was related to the Midnite (Dawn) mine site in Washington, United States. Included in Other non-current assets at March 31, 2021 and December 31, 2020 was $38 and $38, respectively, of non-current restricted investments, which are legally pledged for purposes of settling reclamation and remediation obligations. Of the amounts at March 31, 2021, $14 is related to the Midnite mine and Dawn mill sites and $24 is related to San Jose Reservoir. Of the amounts at December 31, 2020, $14 is related to the Midnite mine and Dawn mill sites and $24 is related to San Jose Reservoir. Refer to Notes 19 and 22 for further discussion of reclamation and remediation matters.

OTHER EXPENSE, NET

OTHER EXPENSE, NET	3 Months Ended
	Mar. 31, 2021
Operating Costs and Expenses [Abstract]
OTHER EXPENSE, NET	OTHER EXPENSE, NET Three Months Ended 2021 2020 COVID-19 specific costs $ 22 $ 2 Restructuring and severance 5 1 Settlement costs 3 6 Impairment of long-lived and other assets 1 — Care and maintenance costs — 20 Goldcorp transaction and integration costs — 16 Other 8 8 $ 39 $ 53 COVID-19 specific costs . COVID-19 specific costs represent incremental direct costs incurred, including but not limited to, additional health screenings and security related costs, incremental travel, storage costs, employee related costs and contributions to the Newmont Global Community Support Fund, as well as various other incremental costs incurred as a result of actions taken to protect against the impacts of the COVID-19 pandemic and to comply with local mandates. The Company established the Newmont Global Community Support Fund during the second quarter of 2020 to help host communities, governments and employees combat the COVID-19 pandemic. For the three months ended March 31, 2021, amounts distributed from this fund were $1. Restructuring and severance . Restructuring and severance represents primarily severance and related costs associated with significant organizational or operating model changes implemented by the Company for all periods presented. Settlements. Settlement costs for the three months ended March 31, 2021 and 2020 primarily include legal and other settlements. Care and maintenance costs. For the three months ended March 31, 2020, care and maintenance costs represent direct costs incurred at the Musselwhite, Éléonore, Cerro Negro and Yanacocha mine sites during the period that these sites were temporarily placed into care and maintenance in response to the COVID-19 pandemic. Additionally, for the three months ended March 31, 2020, the Company recognized $7 of non-cash care and maintenance costs included in Depreciation and amortization . Goldcorp transaction and integration costs . Goldcorp transaction and integration costs for the three months ended March 31, 2020, primarily include integration activities, related severance costs and consulting services.

GAIN ON ASSET AND INVESTMENT SA

GAIN ON ASSET AND INVESTMENT SALES, NET	3 Months Ended
	Mar. 31, 2021
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
GAIN ON ASSET AND INVESTMENT SALES, NET	GAIN ON ASSET AND INVESTMENT SALES, NET Three Months Ended 2021 2020 Sale of TMAC $ 42 $ — Sale of Kalgoorlie — 493 Sale of Continental — 91 Sale of Red Lake — 9 Other 1 — $ 43 $ 593 Sale of TMAC. For further information related to the sale of investment holdings in TMAC Resources, Inc. ("TMAC"), refer to Note 15. Sale of Kalgoorlie. The Company entered into a binding agreement dated December 17, 2019, to sell its 50% interest in Kalgoorlie Consolidated Gold Mines (“Kalgoorlie”), included as part of the Australia segment, to Northern Star Resources Limited (“Northern Star”). The Company completed the sale on January 2, 2020, and pursuant to the terms of the agreement, received proceeds of $800 in cash for its interests in Kalgoorlie. The proceeds were inclusive of a $25 payment that gave Northern Star specified exploration tenements, transitional services support and an option to negotiate exclusively for the purchase of Newmont's Kalgoorlie power business for fair market value. A portion of the payment attributable to the option is refundable to Northern Star if the power business is sold to another third party. Sale of Continental. During the fourth quarter of 2019, the Company entered into a contractual arrangement to sell its entire interest in Continental Gold, Inc. ("Continental"), including its convertible debt, to Zijin Mining Group. The Company completed the sale on March 4, 2020, and pursuant to the terms of the agreement, received cash proceeds of $253. Sale of Red Lake. The Company entered into a binding agreement on November 25, 2019, to sell the Red Lake complex in Ontario, Canada, included in the Company’s North America segment, to Evolution Mining Limited (“Evolution”). The Company completed the sale on March 31, 2020, and pursuant to the terms of the agreement, received total consideration of $429, including cash proceeds of $375, $15 towards working capital (received in cash in the second quarter of 2020), and the potential to receive contingent payments of up to an additional $100 tied to new mineralization discoveries over a fifteen year period. The contingent payments are considered an embedded derivative with a fair value of $42 at March 31, 2021. For further information, see Note 14.

OTHER INCOME, NET

OTHER INCOME, NET	3 Months Ended
	Mar. 31, 2021
Other Income, Nonoperating [Abstract]
OTHER INCOME, NET	OTHER INCOME, NET Three Months Ended 2021 2020 Change in fair value of investments $ (110) $ (93) Foreign currency exchange, net 23 66 Interest 3 11 Impairment of investments — (93) Charges from debt extinguishment — (74) Other 2 (6) $ (82) $ (189) Change in fair value of investments . Change in fair value of investments primarily represents unrealized holding gains and losses related to the Company's investments in current and non-current marketable and other equity securities. Foreign currency exchange, net. Although the majority of the Company’s balances are denominated in U.S. dollars, foreign currency exchange gains (losses) are recognized on balances to be satisfied in local currencies. These balances primarily relate to the timing of payments for employee-related benefits and other liabilities in Australia, Mexico, Canada, Peru, Argentina, Suriname and Ghana. Impairment of investments. During the first quarter of 2020, the Company recognized an investment impairment for other-than-temporary declines in the value of TMAC. Refer to Note 15 for additional information. Charges from debt extinguishment. For the three months ended March 31, 2020, the Company recorded charges from debt extinguishment of $66 related to the debt tender offer of its Senior Notes due March 15, 2022 ("2022 Senior Notes"), its Newmont Senior Notes due March 15, 2023 (“2023 Newmont Senior Notes”) and its Goldcorp Senior Notes due March 15, 2023 (“2023 Goldcorp Senior Notes”). For the three months ended March 31, 2020, the Company recorded a loss of $8 related to the associated forward starting swaps, reclassified from Accumulated other comprehensive income (loss)

INCOME AND MINING TAXES

INCOME AND MINING TAXES	3 Months Ended
	Mar. 31, 2021
Income Tax Disclosure [Abstract]
INCOME AND MINING TAXES	INCOME AND MINING TAXES A reconciliation of the U.S. federal statutory tax rate to the Company’s effective income tax rate follows: Three Months Ended 2021 2020 Income (loss) before income and mining tax and other items $ 743 $ 779 U.S. Federal statutory tax rate 21 % $ 156 21 % $ 164 Reconciling items: Change in valuation allowance on deferred tax assets 3 21 (14) (109) (1) Foreign rate differential 9 70 11 84 Mining and other taxes 6 41 3 20 Tax impact of foreign exchange (2) (4) (28) (23) (179) Other (3) (25) (1) (3) Income and mining tax expense (benefit) 32 % $ 235 (3) % $ (23) ____________________________ (1) Change in valuation allowance is due to a net release on marketable securities, capital losses and other capital assets associated with the sales of Kalgoorlie and Continental, partially offset by increases associated with net operating losses, tax credits, and equity method investments. (2) Tax impact of foreign exchange includes the following: (i) Mexican inflation on tax values, (ii) currency translation effects of local currency deferred tax assets and deferred tax liabilities, (iii) the tax impact of local currency foreign exchange gains or losses and (iv) non-taxable or non-deductible U.S. dollar currency foreign exchange gains or losses.

EQUITY INCOME (LOSS) OF AFFILIA

EQUITY INCOME (LOSS) OF AFFILIATES	3 Months Ended
	Mar. 31, 2021
Equity Method Investments and Joint Ventures [Abstract]
EQUITY INCOME (LOSS) OF AFFILIATES	EQUITY INCOME (LOSS) OF AFFILIATES Three Months Ended 2021 2020 Pueblo Viejo Mine $ 50 $ 48 Maverix Metals Inc. 2 (3) Norte Abierto Project (1) (2) Alumbrera Mine (1) — (3) NuevaUnión Project — (2) TMAC Resources Inc. — (1) Other (1) — $ 50 $ 37 ____________________________ (1) In December 2020, the Company contributed its 37.5% ownership interest in Alumbrera in exchange for 18.75% ownership interest in Minera Agua Rica Alumbrera Limited ("MARA"). Following the transaction, the Company no longer holds an investment in Alumbrera and the 18.75% ownership interest acquired in MARA is accounted for as a marketable equity security. Refer to Note 15 for additional information about the above equity method investments.

NET INCOME (LOSS) ATTRIBUTABLE

NET INCOME (LOSS) ATTRIBUTABLE TO NONCONTROLLING INTERESTS	3 Months Ended
	Mar. 31, 2021
Noncontrolling Interest [Abstract]
NET INCOME (LOSS) ATTRIBUTABLE TO NONCONTROLLING INTERESTS	NET INCOME (LOSS) ATTRIBUTABLE TO NONCONTROLLING INTERESTS Three Months Ended 2021 2020 Merian $ 20 $ 24 Yanacocha — (22) $ 20 $ 2

NET INCOME (LOSS) PER COMMON SH

NET INCOME (LOSS) PER COMMON SHARE	3 Months Ended
	Mar. 31, 2021
Earnings Per Share [Abstract]
NET INCOME (LOSS) PER COMMON SHARE	NET INCOME (LOSS) PER COMMON SHAREBasic net income (loss) per common share is computed by dividing income available to Newmont common stockholders by the weighted average number of common shares outstanding during the period. Diluted net income (loss) per common share is computed similarly, except that weighted average common shares is increased to reflect all dilutive instruments, including employee stock awards. The dilutive effects of Newmont’s dilutive securities are calculated using the treasury stock method. Three Months Ended 2021 2020 Net income (loss) attributable to Newmont stockholders: Continuing operations $ 538 $ 837 Discontinued operations 21 (15) $ 559 $ 822 Weighted average common shares (millions): Basic 801 807 Effect of employee stock-based awards 1 2 Diluted 802 809 Net income (loss) per common share attributable to Newmont stockholders: Basic: Continuing operations $ 0.67 $ 1.04 Discontinued operations 0.03 (0.02) $ 0.70 $ 1.02 Diluted: Continuing operations $ 0.67 $ 1.04 Discontinued operations 0.03 (0.02) $ 0.70 $ 1.02 During the three months ended March 31, 2021 and 2020, the Company repurchased and retired approximately — and 7 million shares of its common stock for $— and $321, respectively. During the three months ended March 31, 2021 and 2020, the Company withheld 0.5 and 0.7 million shares, respectively, for payments of employee withholding taxes related to the vesting of stock awards.

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION	3 Months Ended
	Mar. 31, 2021
Share-based Payment Arrangement [Abstract]
STOCK-BASED COMPENSATION	STOCK-BASED COMPENSATION Three Months Ended 2021 2020 Stock-based compensation: Restricted stock units $ 11 $ 15 Performance stock units 6 6 Other (1) — 4 $ 17 $ 25 ____________________________ (1) Other includes Goldcorp phantom restricted share units and Goldcorp performance share units. These awards have a cash settlement provision. The Company recognizes the liability and expense for these awards ratably over the requisite service period giving effect to the adjusted fair value at the end of each reporting period.

FAIR VALUE ACCOUNTING

FAIR VALUE ACCOUNTING	3 Months Ended
	Mar. 31, 2021
Fair Value Disclosures [Abstract]
FAIR VALUE ACCOUNTING	FAIR VALUE ACCOUNTING Fair value accounting establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are described below: Level 1 Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities; Level 2 Quoted prices in markets that are not active, quoted prices for similar assets or liabilities in active markets, quoted prices or inputs that are observable, either directly or indirectly, for substantially the full term of the asset or liability and model-based valuation techniques (e.g. the Black-Scholes model) for which all significant inputs are observable in the market or can be corroborated by observable market data for substantially the full term of the assets or liabilities; and Level 3 Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable (supported by little or no market activity). The following tables set forth the Company’s assets and liabilities measured at fair value on a recurring basis (at least annually) by level within the fair value hierarchy. As required by accounting guidance, assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. Fair Value at March 31, 2021 Total Level 1 Level 2 Level 3 Assets: Cash and cash equivalents $ 5,518 $ 5,518 $ — $ — Restricted cash 108 108 — — Trade receivable from provisional concentrate sales, net 213 — 213 — Marketable and other equity securities (Note 15) (1) 571 493 23 55 Restricted marketable debt securities (Note 15) 38 24 14 — Contingent consideration assets 145 — — 145 $ 6,593 $ 6,143 $ 250 $ 200 Liabilities: Debt (2) $ 7,067 $ — $ 7,067 $ — Diesel derivative contracts 1 — 1 — Cash-settled Goldcorp share awards 4 — 4 — $ 7,072 $ — $ 7,072 $ — Fair Value at December 31, 2020 Total Level 1 Level 2 Level 3 Assets: Cash and cash equivalents $ 5,540 $ 5,540 $ — $ — Restricted cash 108 108 — — Trade receivable from provisional concentrate sales, net 379 — 379 — Marketable and other equity securities (Note 15) (1) 682 604 25 53 Restricted marketable debt securities (Note 15) 38 24 14 — Contingent consideration assets 119 — — 119 $ 6,866 $ 6,276 $ 418 $ 172 Liabilities: Debt (2) $ 7,586 $ — $ 7,586 $ — Diesel derivative contracts 3 — 3 — Cash-settled Goldcorp share awards 8 — 8 — $ 7,597 $ — $ 7,597 $ — ____________________________ (1) Marketable equity securities includes warrants reported in the Maverix Metals Inc. equity method investment balance of $13 and $14 at March 31, 2021 and December 31, 2020, respectively. (2) Debt is carried at amortized cost. The outstanding carrying value was $6,030 and $6,031 at March 31, 2021 and December 31, 2020, respectively. The fair value measurement of debt was based on an independent third-party pricing source. The fair values of the derivative instruments in the table above are presented on a net basis. The gross amounts related to the fair value of the derivative instruments above are immaterial. All other fair value disclosures in the above table are presented on a gross basis. The Company’s cash and cash equivalents and restricted cash (which includes restricted cash and cash equivalents) are classified within Level 1 of the fair value hierarchy because they are valued using quoted market prices in active markets and are primarily money market securities and U.S. Treasury securities. The Company’s net trade receivables from provisional metal concentrate sales, which contain an embedded derivative and are subject to final pricing, are valued using quoted market prices based on forward curves for the particular metal. As the contracts themselves are not traded on an exchange, these receivables are classified within Level 2 of the fair value hierarchy. The Company’s marketable and other equity securities without readily determinable fair values primarily consists of the Company’s ownership in MARA and warrants in publicly traded companies. The ownership in MARA is accounted for under the measurement alternative and is classified as a non-recurring Level 3 investment within the fair value hierarchy. Warrants are valued using a Black-Scholes model using quoted market prices in active markets of the underlying securities. As the contracts themselves are not traded on the exchange, these equity securities are classified within Level 2 of the fair value hierarchy. The Company’s restricted marketable debt securities are primarily U.S. government issued bonds and international bonds. The Company’s South American debt securities are classified within Level 1 of the fair value hierarchy, using published market prices of actively traded securities. The Company’s North American debt securities are classified within Level 2 of the fair value hierarchy as they are valued using pricing models which are based on prices of similar, actively traded securities. The estimated fair value of the contingent consideration assets is determined using discounted cash flow models. The contingent consideration assets consist of financial instruments that meet the definition of a derivative, but are not designated for hedge accounting under ASC 815. The assets are classified within Level 3 of the fair value hierarchy. Increases in the discount rate will result in a decrease in the estimated fair value of the contingent consideration assets. The Company’s derivative instruments consist of fixed forward contracts. These derivative instruments are valued using pricing models, and the Company generally uses similar models to value similar instruments. Valuation models require a variety of inputs, including contractual terms, market prices, forward curves, measures of volatility, and correlations of such inputs. The Company’s derivatives trade in liquid markets, and as such, model inputs can generally be verified and do not involve significant management judgment. Such instruments are classified within Level 2 of the fair value hierarchy. The Company’s liability-classified stock-based compensation awards consist of cash-settled Goldcorp share awards which become payable in cash on the vesting date. These awards are valued each reporting period based on the quoted Newmont stock price. As the awards themselves are not traded on the exchange, they are classified within Level 2 of the fair value hierarchy. The following tables set forth a summary of the quantitative and qualitative information related to the significant observable and unobservable inputs used in the calculation of the Company’s Level 3 financial assets and liabilities at March 31, 2021 and December 31, 2020: Description At March 31, 2021 Valuation technique Significant input Range, point estimate or average Marketable and other equity securities $ 55 Discounted cash flow Discount rate 9.50 % Long-term gold price $ 1,500 Long-term copper price $ 3.00 Contingent consideration assets $ 145 Discounted cash flow Discount rate (1) 4.53 - 9.19 % ____________________________ (1) The weighted average discount rate used to calculate the Company’s contingent consideration assets is 7.91%. Various other inputs including, but not limited to, metal prices, production profiles and new mineralization discoveries were considered in determining the fair value of the individual contingent consideration assets. Description At December 31, 2020 Valuation technique Significant input Range, point estimate or average Marketable and other equity securities $ 53 Discounted cash flow Discount rate 9.50 % Long-term gold price $ 1,500 Long-term copper price $ 3.00 Contingent consideration assets $ 119 Discounted cash flow Discount rate (1) 4.53 - 9.19 % ____________________________ (1) The weighted average discount rate used to calculate the Company’s contingent consideration assets is 7.63%. Various other inputs including, but not limited to, metal prices, production profiles and new mineralization discoveries were considered in determining the fair value of the individual contingent consideration assets. The following tables set forth a summary of changes in the fair value of the Company’s recurring Level 3 financial assets and liabilities: Contingent consideration assets (1) Total assets Fair value at December 31, 2020 $ 119 $ 119 Additions and settlements — — Revaluation 26 26 Fair value at March 31, 2021 $ 145 $ 145 Continental convertible debt (2) Contingent consideration assets (3) Total assets Holt royalty obligation (4) Total liabilities Fair value at December 31, 2019 $ 39 $ 38 $ 77 $ 257 $ 257 Additions and settlements — 39 39 (3) (3) Revaluation 1 (1) — 17 17 Sales (40) — (40) — — Fair value at March 31, 2020 $ — $ 76 $ 76 $ 271 $ 271 ____________________________ (1) The gain (loss) recognized on revaluation includes $26 that is included in Net income (loss) from discontinued operations . (2) The gain recognized on revaluation is included in Other comprehensive income (loss) . The gain recognized on sale is included in Gain on asset and investment sales, net . (3) Additions of $39 relate to contingent consideration assets received from the sale of Red Lake. See Note 7 for additional information. The gain (loss) recognized on revaluation is included in Net income (loss) from discontinued operations . (4) The gain (loss) recognized is included in Net income (loss) from discontinued operations

INVESTMENTS

INVESTMENTS	3 Months Ended
	Mar. 31, 2021
Investments, Debt and Equity Securities [Abstract]
INVESTMENTS	INVESTMENTS At March 31, At December 31, Current: Marketable equity securities $ 240 $ 290 Non-current: Marketable and other equity securities $ 318 $ 378 Equity method investments: Pueblo Viejo Mine (40.0%) $ 1,235 $ 1,202 NuevaUnión Project (50.0%) 950 949 Norte Abierto Project (50.0%) 497 493 Maverix Metals Inc. (29.8%) 163 160 TMAC Resources, Inc. (—%) — 13 Other 2 2 2,847 2,819 $ 3,165 $ 3,197 Non-current restricted investments: (1) Marketable debt securities $ 38 $ 38 Other assets — — $ 38 $ 38 ____________________________ (1) Non-current restricted investments are legally pledged for purposes of settling reclamation and remediation obligations and are included in Other non-current assets . For further information regarding these amounts, see Note 5. Pueblo Viejo As of March 31, 2021 and December 31, 2020, the Company had outstanding shareholder loans to Pueblo Viejo of $232 and $244, with accrued interest of $1 and $4, respectively, included in the Pueblo Viejo equity method investment. Additionally, the Company had an unfunded commitment to Pueblo Viejo in the form of a revolving loan facility ("Revolving Facility"). There were no borrowings outstanding under the Revolving Facility as of March 31, 2021. The Company purchases its portion (40%) of gold and silver produced from Pueblo Viejo at market price and resells those ounces to third parties. Total payments made to Pueblo Viejo for gold and silver purchased were $171 and $157 for the three months ended March 31, 2021 and 2020, respectively. These purchases, net of subsequent sales, were included in Other income, net and the net amount is immaterial. There were no amounts due to or due from Pueblo Viejo for gold and silver purchases as of March 31, 2021 or December 31, 2020. TMAC Resources, Inc. During the first quarter of 2020, the Company recorded a non-cash other-than-temporary impairment charge of $93, in Other income, net related to TMAC. The impairment charge was calculated using quoted market prices as of March 31, 2020. In February 2021, TMAC entered into an agreement to sell all of the company’s outstanding shares of TMAC to Agnico Eagle Mines Ltd ("Agnico") for cash consideration of $55. The carrying value of the Company's investment in TMAC was $13 resulting in a gain of $42, recognized in Gain on asset and investment sales, net .

INVENTORIES

INVENTORIES	3 Months Ended
	Mar. 31, 2021
Inventory Disclosure [Abstract]
INVENTORIES	INVENTORIES At March 31, At December 31, Materials and supplies $ 676 $ 673 In-process 135 148 Concentrate (1) 50 39 Precious metals (2) 110 103 $ 971 $ 963 ____________________________ (1) Concentrate includes gold, copper, silver, lead and zinc. (2) Precious metals includes gold and silver doré. At March 31, At December 31, Current: Stockpiles $ 542 $ 514 Ore on leach pads 348 313 $ 890 $ 827 Non-current: Stockpiles $ 1,489 $ 1,446 Ore on leach pads 257 259 $ 1,746 $ 1,705 Total: Stockpiles $ 2,031 $ 1,960 Ore on leach pads 605 572 $ 2,636 $ 2,532 Stockpiles Leach pads At March 31, At December 31, At March 31, At December 31, Stockpiles and ore on leach pads: CC&V $ 15 $ 19 $ 224 $ 226 Musselwhite 1 1 — — Porcupine 18 12 — — Éléonore 8 1 — — Peñasquito 333 307 — — Yanacocha 38 37 151 151 Merian 19 29 — — Cerro Negro 3 4 — — Boddington 503 482 — — Tanami 12 7 — — Ahafo 429 422 — — Akyem 135 138 — — Nevada Gold Mines 517 501 230 195 $ 2,031 $ 1,960 $ 605 $ 572 During the three months ended March 31, 2021, the Company recorded write-downs of $14 classified as a component of Costs applicable to sales and write-downs of $7 classified as components of Depreciation and amortization, to reduce the carrying value of stockpiles and ore on leach pads to net realizable value. Of the write-downs during the three months ended March 31, 2021, $5 was related to CC&V and $16 to NGM. During the three months ended March 31, 2020, the Company recorded write-downs of $24 and $9, classified as a component of Costs applicable to sales and Depreciation and amortization, respectively,

STOCKPILES AND ORE ON LEACH PAD

STOCKPILES AND ORE ON LEACH PADS	3 Months Ended
	Mar. 31, 2021
STOCKPILES AND ORE ON LEACH PADS
STOCKPILES AND ORE ON LEACH PADS	INVENTORIES At March 31, At December 31, Materials and supplies $ 676 $ 673 In-process 135 148 Concentrate (1) 50 39 Precious metals (2) 110 103 $ 971 $ 963 ____________________________ (1) Concentrate includes gold, copper, silver, lead and zinc. (2) Precious metals includes gold and silver doré. At March 31, At December 31, Current: Stockpiles $ 542 $ 514 Ore on leach pads 348 313 $ 890 $ 827 Non-current: Stockpiles $ 1,489 $ 1,446 Ore on leach pads 257 259 $ 1,746 $ 1,705 Total: Stockpiles $ 2,031 $ 1,960 Ore on leach pads 605 572 $ 2,636 $ 2,532 Stockpiles Leach pads At March 31, At December 31, At March 31, At December 31, Stockpiles and ore on leach pads: CC&V $ 15 $ 19 $ 224 $ 226 Musselwhite 1 1 — — Porcupine 18 12 — — Éléonore 8 1 — — Peñasquito 333 307 — — Yanacocha 38 37 151 151 Merian 19 29 — — Cerro Negro 3 4 — — Boddington 503 482 — — Tanami 12 7 — — Ahafo 429 422 — — Akyem 135 138 — — Nevada Gold Mines 517 501 230 195 $ 2,031 $ 1,960 $ 605 $ 572 During the three months ended March 31, 2021, the Company recorded write-downs of $14 classified as a component of Costs applicable to sales and write-downs of $7 classified as components of Depreciation and amortization, to reduce the carrying value of stockpiles and ore on leach pads to net realizable value. Of the write-downs during the three months ended March 31, 2021, $5 was related to CC&V and $16 to NGM. During the three months ended March 31, 2020, the Company recorded write-downs of $24 and $9, classified as a component of Costs applicable to sales and Depreciation and amortization, respectively,

DEBT

DEBT	3 Months Ended
	Mar. 31, 2021
Debt Disclosure [Abstract]
DEBT	DEBT Scheduled minimum debt repayments are as follows: Year Ending December 31, 2021 (for the remainder of 2021) $ 550 2022 492 2023 414 2024 — 2025 — Thereafter 4,624 $ 6,080 In March 2021, the Company entered into an agreement to amend certain terms of the existing $3,000, revolving credit agreement dated April 4, 2019. Per the amendment, the expiration date of the credit facility was extended to March 30, 2026. The interest rate on the credit facility was amended to include a margin adjustment based on the Company’s environment, social and governance (“ESG”) scores. The maximum adjustment resulting from the ESG scores is plus or minus 0.05%. Facility fees vary based on the credit ratings of the Company’s senior, uncollateralized, non-current debt. Debt covenants under the amendment are substantially the same as the existing credit agreement. At March 31, 2021, the Company had no borrowings outstanding under the facility. In April 2021, the Company fully redeemed all of the outstanding 3.625% Senior Notes due June 2021 (“2021 Notes”). The redemption price of $557 equaled the principal amount of the outstanding 2021 Notes plus accrued and unpaid interest in accordance with the terms of the 2021 Notes. Interest on the 2021 Notes ceased to accrue on the date of redemption.

OTHER LIABILITIES

OTHER LIABILITIES	3 Months Ended
	Mar. 31, 2021
Other Liabilities Disclosure [Abstract]
OTHER LIABILITIES	OTHER LIABILITIES At March 31, At December 31, Other current liabilities: Accrued operating costs $ 275 $ 285 Reclamation and remediation liabilities 214 214 Accrued capital expenditures 106 144 Taxes other than income and mining 93 48 Accrued interest 85 61 Silver streaming agreement 82 67 Galore Creek deferred payments 74 73 Royalties 66 70 Payables to joint venture partners (1) 63 94 Norte Abierto deferred payments 33 33 Deposit on Kalgoorlie power business option 23 23 Operating leases 17 17 Other 36 53 $ 1,167 $ 1,182 Other non-current liabilities: Income and mining taxes (2) $ 381 $ 382 Norte Abierto deferred payments 122 123 Operating leases 78 91 Social development and community obligations 49 51 Galore Creek deferred payments 23 23 Other 33 29 $ 686 $ 699 ____________________________ (1) Payables to joint venture partners at March 31, 2021 and December 31, 2020 consists of the Company’s proportionate share of total amounts due to (from) NGM for gold and silver purchased, the transition agreement services provided, and CC&V toll milling.

RECLASSIFICATIONS OUT OF ACCUMU

RECLASSIFICATIONS OUT OF ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)​	3 Months Ended
	Mar. 31, 2021
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]
RECLASSIFICATIONS OUT OF ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)​	RECLASSIFICATIONS OUT OF ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) Unrealized Gain (Loss) on Investment Securities, net Foreign Currency Translation Adjustments Pension and Other Post-retirement Benefit Adjustments Unrealized Gain (Loss) on Cash flow Hedge Instruments Total Balance at December 31, 2020 $ — $ 117 $ (237) $ (96) $ (216) Net current-period other comprehensive income (loss): Gain (loss) in other comprehensive income (loss) before reclassifications — 2 — 1 3 (Gain) loss reclassified from accumulated other comprehensive income (loss) — — 6 2 8 Other comprehensive income (loss) — 2 6 3 11 Balance at March 31, 2021 $ — $ 119 $ (231) $ (93) $ (205) Details about Accumulated Other Comprehensive Income (Loss) Components Amount Reclassified from Accumulated Other Comprehensive Income (Loss) Affected Line Item in the Condensed Consolidated Statements of Operations Three Months Ended 2021 2020 Marketable debt securities adjustments: Sale of marketable debt securities $ — $ (5) Gain on asset and investment sales, net Total before tax — (5) Tax — — Net of tax $ — $ (5) Pension and other post-retirement benefit adjustments: Amortization $ 7 $ 6 Other income, net Total before tax 7 6 Tax (1) (1) Net of tax $ 6 $ 5 Hedge instruments adjustments: Interest rate contracts $ 2 $ 11 Interest expense, net (1) Operating cash flow hedges — — Costs applicable to sales Total before tax 2 11 Tax — (2) Net of tax $ 2 $ 9 Total reclassifications for the period, net of tax $ 8 $ 9 ____________________________ (1) $8 was reclassified to Other income, net

NET CHANGE IN OPERATING ASSETS

NET CHANGE IN OPERATING ASSETS AND LIABILITIES	3 Months Ended
	Mar. 31, 2021
Increase (Decrease) in Operating Capital [Abstract]
NET CHANGE IN OPERATING ASSETS AND LIABILITIES	NET CHANGE IN OPERATING ASSETS AND LIABILITIES Net cash provided by (used in) operating activities of continuing operations attributable to the net change in operating assets and liabilities is composed of the following: Three Months Ended March 31, 2021 2020 Decrease (increase) in operating assets: Trade and other receivables $ 228 $ 300 Inventories, stockpiles and ore on leach pads (97) (87) Other assets (38) 5 Increase (decrease) in operating liabilities: Accounts payable (86) (53) Reclamation and remediation liabilities (21) (20) Other accrued liabilities (311) (118) $ (325) $ 27

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	3 Months Ended
	Mar. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES General Estimated losses from contingencies are accrued by a charge to income when information available prior to issuance of the financial statements indicates that it is probable that a liability could be incurred and the amount of the loss can be reasonably estimated. Legal expenses associated with the contingency are expensed as incurred. If a loss contingency is not probable or reasonably estimable, disclosure of the contingency and estimated range of loss, if determinable, is made in the financial statements when it is at least reasonably possible that a material loss could be incurred. Operating Segments The Company’s operating and reportable segments are identified in Note 3. Except as noted in this paragraph, all of the Company’s commitments and contingencies specifically described herein are included in Corporate and Other. The Yanacocha matters relate to the South America reportable segment. The Newmont Ghana Gold and Newmont Golden Ridge matters relate to the Africa reportable segment. The Mexico tax matters relate to the North America reportable segment. Environmental Matter Refer to Note 5 for further information regarding reclamation and remediation. Details about one significant matter are discussed below. Dawn Mining Company LLC (“Dawn”) - 58.19% Newmont Owned Midnite mine site and Dawn mill site . Dawn previously leased an open pit uranium mine, currently inactive, on the Spokane Indian Reservation in the State of Washington. The mine site is subject to regulation by agencies of the U.S. Department of Interior (the Bureau of Indian Affairs and the Bureau of Land Management), as well as the U.S. Environmental Protection Agency (“EPA”). As per the Consent Decree approved by the U.S. District Court for the Eastern District of Washington on January 17, 2012, the following actions were required of Newmont, Dawn, the Department of the Interior and the EPA: (i) Newmont and Dawn would design, construct and implement the cleanup plan selected by the EPA in 2006 for the Midnite mine site; (ii) Newmont and Dawn would reimburse the EPA for its past costs associated with overseeing the work; (iii) the Department of the Interior would contribute a lump sum amount toward past EPA costs and future costs related to the cleanup of the Midnite mine site; (iv) Newmont and Dawn would be responsible for all future EPA oversight costs and Midnite mine site cleanup costs; and (v) Newmont would post a surety bond for work at the site. During 2012, the Department of Interior contributed its share of past EPA costs and future costs related to the cleanup of the Midnite mine site in a lump sum payment of $42, which Newmont classified as restricted assets with interest on the Consolidated Balance Sheets for all periods presented. In 2016, Newmont completed the remedial design process (with the exception of the new water treatment plant (“WTP”) design which was awaiting the approval of the new National Pollutant Discharge Elimination System (“NPDES”) permit). Subsequently, the new NPDES permit was received in 2017 and the WTP design commenced in 2018. Newmont managed the remediation project during the 2020 construction season, but due to the pandemic, activities were limited to those that could be done in compliance with COVID-19 restrictions. The Dawn mill site is regulated by the Washington Department of Health and is in the process of being closed. Remediation at the Dawn mill site began in 2013. The Tailing Disposal Area 1-4 reclamation earthworks component was completed during 2017 with the embankment erosion protection completed in the second quarter of 2018. The remaining closure activity will consist primarily of addressing groundwater issues and evaporating the remaining balance of process water on site. The remediation liability for the Midnite mine site and Dawn mill site is approximately $175 at March 31, 2021. Other Legal Matters Minera Yanacocha S.R.L. - 51.35% Newmont Owned Administrative Actions . The Peruvian government agency responsible for environmental evaluation and inspection, Organismo Evaluación y Fiscalización Ambiental (“OEFA”), conducts periodic reviews of the Yanacocha site. From 2011 to the first quarter of 2021, OEFA issued notices of alleged violations of OEFA standards to Yanacocha and Conga relating to past inspections. The water authority that is in charge of supervising the proper water administration has also issued notices of alleged regulatory violations in previous years. The experience with OEFA and the water authority is that in the case of a finding of violation, remedial action is often the outcome rather than a significant fine. The alleged OEFA violations currently active range from zero to 3,423 units and the water authority alleged violations range from zero to 10 units, with each unit having a potential fine equivalent to approximately $.001214 based on current exchange rates, with a total potential fine amount for outstanding matters of $— to $4.17. Yanacocha is responding to all notices of alleged violations, but cannot reasonably predict the outcome of the agency allegations. Conga Project Constitutional Claim . On October 18, 2012, Marco Antonio Arana Zegarra filed a constitutional claim against the Ministry of Energy and Mines and Yanacocha requesting the Court to order the suspension of the Conga project as well as to declare not applicable the October 27, 2010, directorial resolution approving the Conga project Environmental Impact Assessment (“EIA”). On October 23, 2012, a Cajamarca judge dismissed the claims based on formal grounds finding that: (i) plaintiffs had not exhausted previous administrative proceedings; (ii) the directorial resolution approving the Conga EIA is valid, and was not challenged when issued in the administrative proceedings; (iii) there was inadequate evidence to conclude that the Conga project is a threat to the constitutional right of living in an adequate environment; and (iv) the directorial resolution approving the Conga project EIA does not guarantee that the Conga project will proceed, so there was no imminent threat to be addressed by the Court. The plaintiffs appealed the dismissal of the case. The Civil Court of the Superior Court of Cajamarca confirmed the above mentioned resolution and the plaintiff presented an appeal. On March 13, 2015, the Constitutional Court published its ruling stating that the case should be sent back to the first court with an order to formally admit the case and start the judicial process in order to review the claim and the proofs presented by the plaintiff. Yanacocha has answered the claim. Neither the Company nor Yanacocha can reasonably predict the outcome of this litigation. Yanacocha Tax Dispute. In 2000, Yanacocha paid Buenaventura and Minas Conga S.R.L. a total of $29 to assume their respective contractual positions in mining concession agreements with Chaupiloma Dos de Cajamarca S.M.R.L. The contractual rights allowed Yanacocha the opportunity to conduct exploration on the concessions, but were not a purchase of the concessions. The tax authority alleged that the payments to Buenaventura and Minas Conga S.R.L. were acquisitions of mining concessions requiring the amortization of the amounts under the Peru Mining Law over the life of the mine. Yanacocha expensed the amounts at issue in the initial year since the payments were not for the acquisition of a concession but rather these expenses represented the payment of an intangible and therefore, were amortizable in a single year or proportionally for up to ten years according to Income Tax Law. In 2010, the tax court in Peru ruled in favor of Yanacocha and the tax authority appealed the issue to the judiciary. The first appellate court confirmed the ruling of the tax court in favor of Yanacocha. However, in November 2015, a Superior Court in Peru made an appellate decision overturning the two prior findings in favor of Yanacocha. Yanacocha appealed the Superior Court ruling to the Peru Supreme Court. In January 2019, the Peru Supreme Court issued notice that three judges supported the position of the tax authority and two judges supported the position of Yanacocha. Because four votes are required for a final decision, an additional judge was selected to issue a decision and the parties conducted oral arguments in April 2019. In February 2020, the additional judge ruled in favor of the tax authority, finalizing a decision of the Peru Supreme Court against Yanacocha. As a result of the decision, the company has recognized the amount of $29. However, Yanacocha filed two constitutional actions in 2020, objecting to potential excessive interest and duplicity of criteria of up to $60 and $81, respectively. In March 2021, in one of the constitutional actions, Yanacocha’s request for an injunction to suspend the collection of interest was denied. The matter was sent back to the tax authority, which issued a resolution with an update of the total amount due of approximately $87. Yanacocha is evaluating whether to object to the tax authority’s resolution. It is not possible to fully predict the outcome of this litigation. NWG Investments Inc. v. Fronteer Gold Inc. In April 2011, Newmont acquired Fronteer Gold Inc. (“Fronteer”). Fronteer acquired NewWest Gold Corporation (“NewWest Gold”) in September 2007. At the time of that acquisition, NWG Investments Inc. (“NWG”) owned approximately 86% of NewWest Gold and an individual named Jacob Safra owned or controlled 100% of NWG. Prior to its acquisition of NewWest Gold, Fronteer entered into a June 2007 lock-up agreement with NWG providing that, among other things, NWG would support Fronteer’s acquisition of NewWest Gold. At that time, Fronteer owned approximately 47% of Aurora Energy Resources Inc. (“Aurora”), which, among other things, had a uranium exploration project in Labrador, Canada. NWG contends that, during the negotiations leading up to the lock-up agreement, Fronteer represented to NWG, among other things, that Aurora would commence uranium mining in Labrador by 2013, that this was a firm date, that Aurora faced no current environmental issues in Labrador and that Aurora’s competitors faced delays in commencing uranium mining. NWG further contends that it entered into the lock-up agreement and agreed to support Fronteer’s acquisition of NewWest Gold in reliance upon these purported representations. On October 11, 2007, less than three weeks after the Fronteer-NewWest Gold transaction closed, a member of the Nunatsiavut Assembly introduced a motion calling for the adoption of a moratorium on uranium mining in Labrador. On April 8, 2008, the Nunatsiavut Assembly adopted a three-year moratorium on uranium mining in Labrador. NWG contends that Fronteer was aware during the negotiations of the NWG/Fronteer lock-up agreement that the Nunatsiavut Assembly planned on adopting this moratorium and that its adoption would preclude Aurora from commencing uranium mining by 2013, but Fronteer nonetheless fraudulently induced NWG to enter into the lock-up agreement. On September 24, 2012, NWG served a summons and complaint on the Company, and then amended the complaint to add Newmont Canada Holdings ULC as a defendant. The complaint also named Fronteer Gold Inc. and Mark O’Dea as defendants. The complaint sought rescission of the merger between Fronteer and NewWest Gold and $750 in damages. In August 2013 the Supreme Court of New York, New York County issued an order granting the defendants’ motion to dismiss on forum non conveniens. Subsequently, NWG filed a notice of appeal of the decision and then a notice of dismissal of the appeal on March 24, 2014. On February 26, 2014, NWG filed a lawsuit in Ontario Superior Court of Justice against Fronteer Gold Inc., Newmont Mining Corporation, Newmont Canada Holdings ULC, Newmont FH B.V. and Mark O’Dea. The Ontario complaint is based upon substantially the same allegations contained in the New York lawsuit with claims for fraudulent and negligent misrepresentation. NWG seeks disgorgement of profits since the close of the NWG deal on September 24, 2007 and damages in the amount of C$1,200. Newmont, along with other defendants, served the plaintiff with its statement of defense on October 17, 2014. Newmont intends to vigorously defend this matter, but cannot reasonably predict the outcome. Newmont Ghana Gold Limited and Newmont Golden Ridge Limited - 100% Newmont Owned On December 24, 2018, two individual plaintiffs, who are members of the Ghana Parliament (“Plaintiffs”), filed a writ to invoke the original jurisdiction of the Supreme Court of Ghana. On January 16, 2019, Plaintiffs filed the Statement of Plaintiff’s Case outlining the details of the Plaintiff’s case and subsequently served Newmont Ghana Gold Limited (“NGGL”) and Newmont Golden Ridge Limited (“NGRL”) along with the other named defendants, the Attorney General of Ghana, the Minerals Commission of Ghana and 33 other mining companies with interests in Ghana. The Plaintiffs allege that under article 268 of the 1992 Constitution of Ghana that the mining company defendants are not entitled to carry out any exploitation of minerals or other natural resources in Ghana, unless their respective transactions, contracts or concessions are ratified or exempted from ratification by the Parliament of Ghana. Newmont’s current mining leases are both ratified by Parliament; NGGL June 13, 2001 mining lease, ratified by Parliament on October 21, 2008, and NGRL January 19, 2010 mining lease; ratified by Parliament on December 3, 2015. The writ alleges that any mineral exploitation prior to Parliament ratification is unconstitutional. The Plaintiffs seek several remedies including: (i) a declaration as to the meaning of constitutional language at issue; (ii) an injunction precluding exploitation of minerals for any mining company without prior Parliament ratification; (iii) a declaration that all revenue as a result of violation of the Constitution shall be accounted for and recovered via cash equivalent; and (iv) an order that the Attorney General and Minerals Commission submit all un-ratified mining leases, undertakings or contracts to Parliament for ratification. Newmont intends to vigorously defend this matter, but cannot reasonably predict the outcome. Goldcorp, Inc. 100% Newmont Owned Shareholder Action. On October 28, 2016 and February 14, 2017, separate proposed class actions were commenced in the Ontario Superior Court of Justice pursuant to the Class Proceedings Act (Ontario) against the Company and certain of its current and former officers. Both statement of claims alleged common law negligent misrepresentation in Goldcorp, Inc.’s public disclosure concerning the Peñasquito mine and also pleaded an intention to seek leave from the Court to proceed with an allegation of statutory misrepresentation pursuant to the secondary market civil liability provisions under the Securities Act (Ontario). By a consent order, the latter lawsuit proceeded, and the former action has been stayed. The active lawsuit purports to be brought on behalf of persons who acquired Goldcorp Inc.’s securities in the secondary market during an alleged class period from October 30, 2014 to August 23, 2016. An amended complaint has been filed in the active lawsuit, which removes the individual defendants, and requests leave of the Court to pursue only the statutory cause of action. The Company intends to vigorously defend this matter, but cannot reasonably predict the outcome. Mexico Tax Matters Tax Reassessment from Mexican Tax Authority . During 2016, the Mexican Tax Authority issued reassessment notices to several of Goldcorp, Inc.’s Mexican subsidiaries. Topics under dispute generally involve transfer pricing, deductibility of mine stripping costs, and gain recognized on certain asset sales. The Company has made significant progress in reaching resolution with the Mexican Tax Authority on these matters. In the second quarter of 2019, a number of issues were settled, resulting in a $96 payment, which was fully accrued in the financial statements. In the first quarter of 2020, further settlement was reached for an immaterial amount, with dialogue continuing in an effort to resolve the outstanding reassessment. Additionally, the Company continues to work through several audits in which observation letters have been received from the Mexican Tax Authority. The outcome of the remaining disputes is not readily determinable but could have a material impact on the Company. The Company believes that its tax positions are valid and intends to vigorously defend its tax filing positions. State of Zacatecas’ Ecological Tax. In December 2016, the State of Zacatecas in Mexico approved new environmental taxes that became effective January 1, 2017. Certain operations at the Company’s Peñasquito mine may be subject to these taxes. Payments are due monthly in arrears with the first payment due on February 17, 2017. The Company believes that there is no legal basis for the taxes and filed legal claims challenging their constitutionality and legality on March 9, 2017. Other companies similarly situated also filed legal claims against the taxes. The Mexican federal government also filed a claim before the National Supreme Court against the State of Zacatecas challenging whether the State of Zacatecas had the constitutional authority to implement the taxes. On February 11, 2019, the National Supreme Court of Mexico ruled that the State of Zacatecas has the constitutional authority to implement environmental taxes, and that ruling was not subject to appeal. The Company’s case continued, and although there was an initial ruling in favor of the Company, this ruling was appealed by the local tax authorities. On October 15, 2019, the First Collegiate Circuit Court of the Auxiliary Center of the Eleventh Region reversed the favorable ruling (except with respect to one issue, which was affirmed in the Company’s favor). While the First Collegiate Circuit Court’s ruling is not subject to further appeal and the Company currently has no legal challenges active with the Mexican courts, it is not possible to precisely calculate the environmental taxes given that: (a) the legislation is broadly worded and despite the years of inquiries, the State of Zacatecas has not put forward any guidance on how the tax would be levied; and (b) certain claims by other companies similarly situated are still being resolved by the Supreme Court, the results of which may change the taxes payable by the Company. The Company, along with other companies in the State of Zacatecas, is continuing to meet with governmental authorities to understand how the environmental tax would be levied. In the first quarter of 2021, the Company and the State of Zacatecas reached an agreement in principle for the Company to pay $29 for the taxes in dispute related to tax years 2017-2020, and also arrived at a formula for the payments for tax years 2021-2024, with an agreed-upon basis for the extraction, storage activities, and gas emissions for such years. Other Commitments and Contingencies Newmont is from time to time involved in various legal proceedings related to its business. Except in the above described proceedings, management does not believe that adverse decisions in any pending or threatened proceeding or that amounts that may be required to be paid by reason thereof will have a material adverse effect on the Company’s financial condition or results of operations. In connection with our investment in Galore Creek, Newmont will owe NovaGold Resources Inc. $75 upon the earlier of approval to construct a mine, mill and all related infrastructure for the Galore Creek project or the initiation of construction of a mine, mill or any related infrastructure. The amount due is non-interest bearing. The decision for an approval and commencement of construction is contingent on the results of a prefeasibility and feasibility study, neither of which have occurred. As such, this amount has not been accrued. Deferred payments to Barrick of $155 and $156 as of March 31, 2021 and December 31, 2020, respectively, are to be satisfied through funding a portion of Barrick’s share of project expenditures at the Norte Abierto project. These deferred payments to Barrick are included in Other current liabilities and Other non-current liabilities .

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Mar. 31, 2021
Accounting Policies [Abstract]
Risks and Uncertainties	Risks and Uncertainties As a global mining company, the Company’s revenue, profitability and future rate of growth are substantially dependent on prevailing metal prices, primarily for gold, but also for copper, silver, lead and zinc. Historically, the commodity markets have been very volatile, and there can be no assurance that commodity prices will not be subject to wide fluctuations in the future. A substantial or extended decline in commodity prices could have a material adverse effect on the Company’s financial position, results of operations, cash flows, access to capital and on the quantities of reserves that the Company can economically produce. The carrying value of the Company’s Property, plant and mine development , net; Inventories; Stockpiles and ore on leach pads; Investments; Deferred income tax assets; and Goodwill are particularly sensitive to the outlook for commodity prices. A decline in the Company’s price outlook from current levels could result in material impairment charges related to these assets. In addition to changes in commodity prices, other factors such as changes in mine plans, increases in costs, geotechnical failures, changes in social, environmental or regulatory requirements, impacts of global events such as the COVID-19 pandemic and management’s decision to reprioritize or abandon a development project can adversely affect the Company’s ability to recover its investment in certain assets and result in impairment charges. The COVID-19 pandemic has had a material impact on the global economy, the scale and duration of which remain uncertain. In the first half of 2020, the Company temporarily placed five sites into care and maintenance, including Musselwhite, Éléonore, Yanacocha, Cerro Negro and Peñasquito. The Company worked closely with local stakeholders to resume operations at all five sites during the second quarter of 2020. As of March 31, 2021, all sites were fully operational, with the exception of Cerro Negro that continues to focus on returning operations to full capacity while managing ongoing COVID-related impacts. The impact of this pandemic could include sites being placed into care and maintenance, significant COVID-19 specific costs, volatility in the prices for gold and other metals, logistical challenges shipping our products, delays in product refining and smelting due to restrictions or temporary closures, additional travel restrictions, other supply chain disruptions and workforce interruptions, including loss of life. Depending on the duration and extent of the impact of COVID-19, this could materially impact the Company’s results of operations, cash flows and financial condition and could result in material impairment charges to the Company’s Property, plant and mine development, net ; Inventories ; Stockpiles and ore on leach pads ; Investments ; Deferred income tax assets; and Goodwill .
Use of Estimates	The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the accounting for and recognition and disclosure of assets, liabilities, equity, revenues and expenses. The Company must make these estimates and assumptions because certain information used is dependent on future events, cannot be calculated with a high degree of precision from data available or simply cannot be readily calculated based on generally accepted methodologies. Actual results could differ from these estimates.
Reclassifications	Certain amounts in prior years have been reclassified to conform to the current year presentation.
Recently Adopted Accounting Pronouncements and Securities and Exchange Commission Rules and Recently Issued Accounting Pronouncements	Recently Adopted Accounting Pronouncements and Securities and Exchange Commission Rules Accounting for Income Taxes In December 2019, ASU No. 2019-12 was issued to simplify the accounting for income taxes, eliminate certain exceptions within ASC 740, Income Taxes, and clarify certain aspects of the current guidance to promote consistency among reporting entities. The Company adopted this standard as of January 1, 2021. The adoption did not have a material impact on the Consolidated Financial Statements or disclosures. Accounting for Equity Securities, Investments and Certain Forward Contracts and Options In January 2020, ASU No. 2020-01 was issued which clarifies the interaction in accounting for equity securities under Topic 321, investments accounted for under the equity method of accounting in ASC 323 and the accounting for certain forward contracts and purchased options accounted for under ASC 815, Derivatives and Hedging. The Company adopted this standard as of January 1, 2021. The adoption did not have a material impact on the Consolidated Financial Statements or disclosures. Financial Disclosures about Acquired and Disposed Businesses In May 2020, the SEC finalized its proposed updates to Rule 3-05 within Regulation S-X, Financial statements of businesses acquired or to be acquired, Rule 3-14, Special instructions for real estate operations to be acquired; Article 11, Pro Forma Financial Information; and other related rules and forms (the “Rules”). The Rules include amendments, which among other things: revise significance tests used to determine disclosure requirements; require the financial statements of the acquired business to cover only up to the two most recent fiscal years; permit the use of, or reconciliation to, International Financial Reporting Standards as issued by the International Accounting Standards Board in certain circumstances; and amend certain pro forma financial information requirements. The Rules were adopted on January 1, 2021. The adoption did not have a material impact on the Consolidated Financial Statements or disclosures. Recently Issued Accounting Pronouncements Effects of Reference Rate Reform In March 2020, ASU No. 2020-04 was issued which provides optional guidance for a limited period of time to ease the potential burden on accounting for contract modifications caused by reference rate reform. This guidance is effective for all entities as of March 12, 2020 through December 31, 2022. The guidance may be adopted over time as reference rate reform activities occur and should be applied on a prospective basis. The Company is still completing its evaluation of the impact of ASU 2020-04 and plans to elect optional expedients as reference rate reform activities occur. In January 2021, ASU No. 2021-01 was issued which broadened the scope of ASU No. 2020-04 to include certain derivative instruments. The Company expects neither the guidance nor the subsequent update to have a material impact on the Consolidated Financial Statements or disclosures.

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	3 Months Ended
	Mar. 31, 2021
Segment Reporting [Abstract]
Financial Information of Company's Segments	Sales Costs Applicable to Sales Depreciation and Amortization Advanced Projects, Research and Development and Exploration Income (Loss) before Income and Mining Tax and Other Items Capital Expenditures (1) Three Months Ended March 31, 2021 CC&V $ 99 $ 61 $ 18 $ 2 $ 18 $ 9 Musselwhite 70 39 20 2 5 9 Porcupine 131 66 24 5 34 11 Éléonore 109 53 32 2 18 17 Peñasquito: Gold 310 89 48 Silver 168 75 41 Lead 44 19 10 Zinc 126 61 29 Total Peñasquito 648 244 128 1 266 31 Other North America — — 4 1 4 — North America 1,057 463 226 13 345 77 Yanacocha 110 50 28 3 3 15 Merian 193 81 25 1 83 10 Cerro Negro 84 40 26 1 6 20 Other South America — — 2 6 (13) — South America 387 171 81 11 79 45 Boddington: Gold 244 131 21 Copper 52 27 4 Total Boddington 296 158 25 2 111 86 Tanami 219 70 23 3 123 59 Other Australia — — 2 2 (3) 2 Australia 515 228 50 7 231 147 Ahafo 187 92 32 3 58 31 Akyem 187 66 32 1 87 8 Other Africa — — — — (2) — Africa 374 158 64 4 143 39 Nevada Gold Mines 539 227 127 6 167 42 Nevada 539 227 127 6 167 42 Corporate and Other — — 5 25 (222) 4 Consolidated $ 2,872 $ 1,247 $ 553 $ 66 $ 743 $ 354 ____________________________ (1) Includes a decrease in accrued capital expenditures of $45; consolidated capital expenditures on a cash basis were $399. Sales Costs Applicable to Sales Depreciation and Amortization Advanced Projects, Research and Development and Exploration Income (Loss) before Income and Mining Tax and Other Items Capital Expenditures (1) Three Months Ended March 31, 2020 CC&V $ 103 $ 60 $ 19 $ 2 $ 20 $ 6 Red Lake 67 45 2 1 20 4 Musselwhite 23 25 14 2 (21) 20 Porcupine 116 55 25 1 34 7 Éléonore 106 61 31 2 10 15 Peñasquito: Gold 159 64 29 Silver 123 68 33 Lead 39 26 13 Zinc 77 73 35 Total Peñasquito 398 231 110 2 66 29 Other North America — — 8 2 (12) — North America 813 477 209 12 117 81 Yanacocha 187 127 44 4 (8) 20 Merian 208 81 25 2 100 9 Cerro Negro 116 51 40 7 8 14 Other South America — — 2 8 (12) — South America 511 259 111 21 88 43 Boddington: Gold 243 131 23 Copper 21 25 5 Total Boddington 264 156 28 1 95 29 Tanami 189 65 24 4 131 31 Other Australia — — 2 2 493 — Australia 453 221 54 7 719 60 Ahafo 151 81 29 5 32 30 Akyem 132 51 27 2 48 7 Other Africa — — — 2 (3) — Africa 283 132 56 9 77 37 Nevada Gold Mines 521 243 131 7 133 59 Nevada 521 243 131 7 133 59 Corporate and Other — — 4 15 (355) 8 Consolidated $ 2,581 $ 1,332 $ 565 $ 71 $ 779 $ 288 ____________________________ (1) Includes a decrease in accrued capital expenditures of $40; consolidated capital expenditures on a cash basis were $328.

SALES (Tables)

SALES (Tables)	3 Months Ended
	Mar. 31, 2021
Revenue from Contract with Customer [Abstract]
Schedule of sales by mining operation, product and by inventory type	The following tables present the Company’s Sales by mining operation, product and inventory type: Gold Sales from Doré Production Sales from Concentrate and Other Production Total Sales Three Months Ended March 31, 2021 CC&V $ 99 $ — $ 99 Musselwhite 70 — 70 Porcupine 131 — 131 Éléonore 109 — 109 Peñasquito: Gold 56 254 310 Silver (1) — 168 168 Lead — 44 44 Zinc — 126 126 Total Peñasquito 56 592 648 North America 465 592 1,057 Yanacocha 109 1 110 Merian 193 — 193 Cerro Negro 84 — 84 South America 386 1 387 Boddington: Gold 66 178 244 Copper — 52 52 Total Boddington 66 230 296 Tanami 219 — 219 Australia 285 230 515 Ahafo 187 — 187 Akyem 187 — 187 Africa 374 — 374 Nevada Gold Mines (2) 525 14 539 Nevada 525 14 539 Consolidated $ 2,035 $ 837 $ 2,872 ____________________________ (1) Silver sales from concentrate includes $20 related to non-cash amortization of the silver streaming agreement liability. (2) The Company purchases its proportionate share of gold from Nevada Gold Mines ("NGM") for resale to third parties. Gold purchases from NGM totaled $522 for the three months ended March 31, 2021. Gold Sales from Doré Production Sales from Concentrate and Other Production Total Sales Three Months Ended March 31, 2020 CC&V $ 103 $ — $ 103 Red Lake 67 — 67 Musselwhite 23 — 23 Porcupine 116 — 116 Éléonore 106 — 106 Peñasquito: Gold 15 144 159 Silver (1) — 123 123 Lead — 39 39 Zinc — 77 77 Total Peñasquito 15 383 398 North America 430 383 813 Yanacocha 187 — 187 Merian 208 — 208 Cerro Negro 116 — 116 South America 511 — 511 Boddington: Gold 54 189 243 Copper — 21 21 Total Boddington 54 210 264 Tanami 189 — 189 Australia 243 210 453 Ahafo 151 — 151 Akyem 132 — 132 Africa 283 — 283 Nevada Gold Mines (2) 509 12 521 Nevada 509 12 521 Consolidated $ 1,976 $ 605 $ 2,581 ____________________________ (1) Silver sales from concentrate includes $21 related to non-cash amortization of the Silver streaming agreement liability. (2) The Company purchases its proportionate share of gold from NGM for resale to third parties. Gold purchases from NGM totaled $513 for the three months ended March 31, 2020.
Schedule of receivables included within Trade Receivables	The following table details the receivables included within Trade receivables : At March 31, At December 31, Receivables from Sales: Gold sales from doré production $ 36 $ 59 Sales from concentrate and other production 227 390 Total receivables from Sales $ 263 $ 449

RECLAMATION AND REMEDIATION (Ta

RECLAMATION AND REMEDIATION (Tables)	3 Months Ended
	Mar. 31, 2021
Environmental Remediation Obligations [Abstract]
Reclamation and Remediation Expense	The Company’s Reclamation and remediation expense consisted of: Three Months Ended 2021 2020 Reclamation adjustments and other $ 9 $ — Reclamation accretion 32 34 Total reclamation expense 41 34 Remediation adjustments and other 4 2 Remediation accretion 1 2 Total remediation expense 5 4 $ 46 $ 38
Reconciliation of Reclamation Liabilities	2021 2020 Reclamation balance at January 1, $ 3,719 $ 3,334 Additions, changes in estimates and other (1) 9 (2) Adjustment from the Newmont Goldcorp transaction — 15 Payments, net (18) (15) Accretion expense 32 34 Reclamation balance at March 31, $ 3,742 $ 3,366 ____________________________ (1) The $9 addition is primarily due to higher estimated closure plan costs at NGM for the closed Rain site related to water management.
Reconciliation of Remediation Liabilities	2021 2020 Remediation balance at January 1, $ 313 $ 299 Additions, changes in estimates and other 2 (2) Payments, net (3) (5) Accretion expense 1 2 Remediation balance at March 31, $ 313 $ 294

OTHER EXPENSE, NET (Tables)

OTHER EXPENSE, NET (Tables)	3 Months Ended
	Mar. 31, 2021
Operating Costs and Expenses [Abstract]
Other Expense, Net	Three Months Ended 2021 2020 COVID-19 specific costs $ 22 $ 2 Restructuring and severance 5 1 Settlement costs 3 6 Impairment of long-lived and other assets 1 — Care and maintenance costs — 20 Goldcorp transaction and integration costs — 16 Other 8 8 $ 39 $ 53

GAIN ON ASSET AND INVESTMENT _2

GAIN ON ASSET AND INVESTMENT SALES, NET (Tables)	3 Months Ended
	Mar. 31, 2021
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Schedule of gain on asset and investment sales, net	Three Months Ended 2021 2020 Sale of TMAC $ 42 $ — Sale of Kalgoorlie — 493 Sale of Continental — 91 Sale of Red Lake — 9 Other 1 — $ 43 $ 593

OTHER INCOME, NET (Tables)

OTHER INCOME, NET (Tables)	3 Months Ended
	Mar. 31, 2021
Other Income, Nonoperating [Abstract]
Other Income, Net	Three Months Ended 2021 2020 Change in fair value of investments $ (110) $ (93) Foreign currency exchange, net 23 66 Interest 3 11 Impairment of investments — (93) Charges from debt extinguishment — (74) Other 2 (6) $ (82) $ (189)

INCOME AND MINING TAXES (Tables

INCOME AND MINING TAXES (Tables)	3 Months Ended
	Mar. 31, 2021
Income Tax Disclosure [Abstract]
Income and Mining Tax Expense Reconciliation	Three Months Ended 2021 2020 Income (loss) before income and mining tax and other items $ 743 $ 779 U.S. Federal statutory tax rate 21 % $ 156 21 % $ 164 Reconciling items: Change in valuation allowance on deferred tax assets 3 21 (14) (109) (1) Foreign rate differential 9 70 11 84 Mining and other taxes 6 41 3 20 Tax impact of foreign exchange (2) (4) (28) (23) (179) Other (3) (25) (1) (3) Income and mining tax expense (benefit) 32 % $ 235 (3) % $ (23) ____________________________ (1) Change in valuation allowance is due to a net release on marketable securities, capital losses and other capital assets associated with the sales of Kalgoorlie and Continental, partially offset by increases associated with net operating losses, tax credits, and equity method investments. (2) Tax impact of foreign exchange includes the following: (i) Mexican inflation on tax values, (ii) currency translation effects of local currency deferred tax assets and deferred tax liabilities, (iii) the tax impact of local currency foreign exchange gains or losses and (iv) non-taxable or non-deductible U.S. dollar currency foreign exchange gains or losses.

EQUITY INCOME (LOSS) OF AFFIL_2

EQUITY INCOME (LOSS) OF AFFILIATES (Tables)	3 Months Ended
	Mar. 31, 2021
Equity Method Investments and Joint Ventures [Abstract]
Equity Income (Loss) of Affiliates	Three Months Ended 2021 2020 Pueblo Viejo Mine $ 50 $ 48 Maverix Metals Inc. 2 (3) Norte Abierto Project (1) (2) Alumbrera Mine (1) — (3) NuevaUnión Project — (2) TMAC Resources Inc. — (1) Other (1) — $ 50 $ 37 ____________________________

NET INCOME (LOSS) ATTRIBUTABL_2

NET INCOME (LOSS) ATTRIBUTABLE TO NONCONTROLLING INTERESTS (Tables)	3 Months Ended
	Mar. 31, 2021
Noncontrolling Interest [Abstract]
Schedule of Net Income (Loss) Attributable to Noncontrolling Interests	Three Months Ended 2021 2020 Merian $ 20 $ 24 Yanacocha — (22) $ 20 $ 2

NET INCOME (LOSS) PER COMMON _2

NET INCOME (LOSS) PER COMMON SHARE (Tables)	3 Months Ended
	Mar. 31, 2021
Earnings Per Share [Abstract]
Summary of Income (Loss) per Common Share, Basic and Diluted	Three Months Ended 2021 2020 Net income (loss) attributable to Newmont stockholders: Continuing operations $ 538 $ 837 Discontinued operations 21 (15) $ 559 $ 822 Weighted average common shares (millions): Basic 801 807 Effect of employee stock-based awards 1 2 Diluted 802 809 Net income (loss) per common share attributable to Newmont stockholders: Basic: Continuing operations $ 0.67 $ 1.04 Discontinued operations 0.03 (0.02) $ 0.70 $ 1.02 Diluted: Continuing operations $ 0.67 $ 1.04 Discontinued operations 0.03 (0.02) $ 0.70 $ 1.02

STOCK-BASED COMPENSATION (Table

STOCK-BASED COMPENSATION (Tables)	3 Months Ended
	Mar. 31, 2021
Share-based Payment Arrangement [Abstract]
Schedule of Stock-Based Compensation by Award	Three Months Ended 2021 2020 Stock-based compensation: Restricted stock units $ 11 $ 15 Performance stock units 6 6 Other (1) — 4 $ 17 $ 25 ____________________________ (1) Other includes Goldcorp phantom restricted share units and Goldcorp performance share units. These awards have a cash settlement provision. The Company recognizes the liability and expense for these awards ratably over the requisite service period giving effect to the adjusted fair value at the end of each reporting period.

FAIR VALUE ACCOUNTING (Tables)

FAIR VALUE ACCOUNTING (Tables)	3 Months Ended
	Mar. 31, 2021
Fair Value Disclosures [Abstract]
Assets and Liabilities Measured at Fair Value on a Recurring Basis	The following tables set forth the Company’s assets and liabilities measured at fair value on a recurring basis (at least annually) by level within the fair value hierarchy. As required by accounting guidance, assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. Fair Value at March 31, 2021 Total Level 1 Level 2 Level 3 Assets: Cash and cash equivalents $ 5,518 $ 5,518 $ — $ — Restricted cash 108 108 — — Trade receivable from provisional concentrate sales, net 213 — 213 — Marketable and other equity securities (Note 15) (1) 571 493 23 55 Restricted marketable debt securities (Note 15) 38 24 14 — Contingent consideration assets 145 — — 145 $ 6,593 $ 6,143 $ 250 $ 200 Liabilities: Debt (2) $ 7,067 $ — $ 7,067 $ — Diesel derivative contracts 1 — 1 — Cash-settled Goldcorp share awards 4 — 4 — $ 7,072 $ — $ 7,072 $ — Fair Value at December 31, 2020 Total Level 1 Level 2 Level 3 Assets: Cash and cash equivalents $ 5,540 $ 5,540 $ — $ — Restricted cash 108 108 — — Trade receivable from provisional concentrate sales, net 379 — 379 — Marketable and other equity securities (Note 15) (1) 682 604 25 53 Restricted marketable debt securities (Note 15) 38 24 14 — Contingent consideration assets 119 — — 119 $ 6,866 $ 6,276 $ 418 $ 172 Liabilities: Debt (2) $ 7,586 $ — $ 7,586 $ — Diesel derivative contracts 3 — 3 — Cash-settled Goldcorp share awards 8 — 8 — $ 7,597 $ — $ 7,597 $ — ____________________________ (1) Marketable equity securities includes warrants reported in the Maverix Metals Inc. equity method investment balance of $13 and $14 at March 31, 2021 and December 31, 2020, respectively. (2) Debt is carried at amortized cost. The outstanding carrying value was $6,030 and $6,031 at March 31, 2021 and December 31, 2020, respectively. The fair value measurement of debt was based on an independent third-party pricing source.
Quantitative and Qualitative Information	The following tables set forth a summary of the quantitative and qualitative information related to the significant observable and unobservable inputs used in the calculation of the Company’s Level 3 financial assets and liabilities at March 31, 2021 and December 31, 2020: Description At March 31, 2021 Valuation technique Significant input Range, point estimate or average Marketable and other equity securities $ 55 Discounted cash flow Discount rate 9.50 % Long-term gold price $ 1,500 Long-term copper price $ 3.00 Contingent consideration assets $ 145 Discounted cash flow Discount rate (1) 4.53 - 9.19 % ____________________________ (1) The weighted average discount rate used to calculate the Company’s contingent consideration assets is 7.91%. Various other inputs including, but not limited to, metal prices, production profiles and new mineralization discoveries were considered in determining the fair value of the individual contingent consideration assets. Description At December 31, 2020 Valuation technique Significant input Range, point estimate or average Marketable and other equity securities $ 53 Discounted cash flow Discount rate 9.50 % Long-term gold price $ 1,500 Long-term copper price $ 3.00 Contingent consideration assets $ 119 Discounted cash flow Discount rate (1) 4.53 - 9.19 % ____________________________ (1) The weighted average discount rate used to calculate the Company’s contingent consideration assets is 7.63%. Various other inputs including, but not limited to, metal prices, production profiles and new mineralization discoveries were considered in determining the fair value of the individual contingent consideration assets.
Changes in the Fair Value of the Company's Level 3 Financial Assets	The following tables set forth a summary of changes in the fair value of the Company’s recurring Level 3 financial assets and liabilities: Contingent consideration assets (1) Total assets Fair value at December 31, 2020 $ 119 $ 119 Additions and settlements — — Revaluation 26 26 Fair value at March 31, 2021 $ 145 $ 145 Continental convertible debt (2) Contingent consideration assets (3) Total assets Holt royalty obligation (4) Total liabilities Fair value at December 31, 2019 $ 39 $ 38 $ 77 $ 257 $ 257 Additions and settlements — 39 39 (3) (3) Revaluation 1 (1) — 17 17 Sales (40) — (40) — — Fair value at March 31, 2020 $ — $ 76 $ 76 $ 271 $ 271 ____________________________ (1) The gain (loss) recognized on revaluation includes $26 that is included in Net income (loss) from discontinued operations . (2) The gain recognized on revaluation is included in Other comprehensive income (loss) . The gain recognized on sale is included in Gain on asset and investment sales, net . (3) Additions of $39 relate to contingent consideration assets received from the sale of Red Lake. See Note 7 for additional information. The gain (loss) recognized on revaluation is included in Net income (loss) from discontinued operations . (4) The gain (loss) recognized is included in Net income (loss) from discontinued operations
Changes in the Fair Value of the Company's Level 3 Financial Liabilities	The following tables set forth a summary of changes in the fair value of the Company’s recurring Level 3 financial assets and liabilities: Contingent consideration assets (1) Total assets Fair value at December 31, 2020 $ 119 $ 119 Additions and settlements — — Revaluation 26 26 Fair value at March 31, 2021 $ 145 $ 145 Continental convertible debt (2) Contingent consideration assets (3) Total assets Holt royalty obligation (4) Total liabilities Fair value at December 31, 2019 $ 39 $ 38 $ 77 $ 257 $ 257 Additions and settlements — 39 39 (3) (3) Revaluation 1 (1) — 17 17 Sales (40) — (40) — — Fair value at March 31, 2020 $ — $ 76 $ 76 $ 271 $ 271 ____________________________ (1) The gain (loss) recognized on revaluation includes $26 that is included in Net income (loss) from discontinued operations . (2) The gain recognized on revaluation is included in Other comprehensive income (loss) . The gain recognized on sale is included in Gain on asset and investment sales, net . (3) Additions of $39 relate to contingent consideration assets received from the sale of Red Lake. See Note 7 for additional information. The gain (loss) recognized on revaluation is included in Net income (loss) from discontinued operations . (4) The gain (loss) recognized is included in Net income (loss) from discontinued operations

INVESTMENTS (Tables)

INVESTMENTS (Tables)	3 Months Ended
	Mar. 31, 2021
Investments, Debt and Equity Securities [Abstract]
Schedule of investments	At March 31, At December 31, Current: Marketable equity securities $ 240 $ 290 Non-current: Marketable and other equity securities $ 318 $ 378 Equity method investments: Pueblo Viejo Mine (40.0%) $ 1,235 $ 1,202 NuevaUnión Project (50.0%) 950 949 Norte Abierto Project (50.0%) 497 493 Maverix Metals Inc. (29.8%) 163 160 TMAC Resources, Inc. (—%) — 13 Other 2 2 2,847 2,819 $ 3,165 $ 3,197 Non-current restricted investments: (1) Marketable debt securities $ 38 $ 38 Other assets — — $ 38 $ 38 ____________________________ (1) Non-current restricted investments are legally pledged for purposes of settling reclamation and remediation obligations and are included in Other non-current assets . For further information regarding these amounts, see Note 5.

INVENTORIES (Tables)

INVENTORIES (Tables)	3 Months Ended
	Mar. 31, 2021
Inventory Disclosure [Abstract]
Summary of Inventories	At March 31, At December 31, Materials and supplies $ 676 $ 673 In-process 135 148 Concentrate (1) 50 39 Precious metals (2) 110 103 $ 971 $ 963 ____________________________ (1) Concentrate includes gold, copper, silver, lead and zinc. (2) Precious metals includes gold and silver doré.

STOCKPILES AND ORE ON LEACH P_2

STOCKPILES AND ORE ON LEACH PADS (Tables)	3 Months Ended
	Mar. 31, 2021
STOCKPILES AND ORE ON LEACH PADS
Stockpiles and Ore on Leach Pads	At March 31, At December 31, Current: Stockpiles $ 542 $ 514 Ore on leach pads 348 313 $ 890 $ 827 Non-current: Stockpiles $ 1,489 $ 1,446 Ore on leach pads 257 259 $ 1,746 $ 1,705 Total: Stockpiles $ 2,031 $ 1,960 Ore on leach pads 605 572 $ 2,636 $ 2,532
Stockpiles and Ore on Leach Pads, by Segment	Stockpiles Leach pads At March 31, At December 31, At March 31, At December 31, Stockpiles and ore on leach pads: CC&V $ 15 $ 19 $ 224 $ 226 Musselwhite 1 1 — — Porcupine 18 12 — — Éléonore 8 1 — — Peñasquito 333 307 — — Yanacocha 38 37 151 151 Merian 19 29 — — Cerro Negro 3 4 — — Boddington 503 482 — — Tanami 12 7 — — Ahafo 429 422 — — Akyem 135 138 — — Nevada Gold Mines 517 501 230 195 $ 2,031 $ 1,960 $ 605 $ 572

DEBT (Tables)

DEBT (Tables)	3 Months Ended
	Mar. 31, 2021
Debt Disclosure [Abstract]
Schedule of Minimum Debt Repayments	Scheduled minimum debt repayments are as follows: Year Ending December 31, 2021 (for the remainder of 2021) $ 550 2022 492 2023 414 2024 — 2025 — Thereafter 4,624 $ 6,080

OTHER LIABILITIES (Tables)

OTHER LIABILITIES (Tables)	3 Months Ended
	Mar. 31, 2021
Other Liabilities Disclosure [Abstract]
Other Liabilities	At March 31, At December 31, Other current liabilities: Accrued operating costs $ 275 $ 285 Reclamation and remediation liabilities 214 214 Accrued capital expenditures 106 144 Taxes other than income and mining 93 48 Accrued interest 85 61 Silver streaming agreement 82 67 Galore Creek deferred payments 74 73 Royalties 66 70 Payables to joint venture partners (1) 63 94 Norte Abierto deferred payments 33 33 Deposit on Kalgoorlie power business option 23 23 Operating leases 17 17 Other 36 53 $ 1,167 $ 1,182 Other non-current liabilities: Income and mining taxes (2) $ 381 $ 382 Norte Abierto deferred payments 122 123 Operating leases 78 91 Social development and community obligations 49 51 Galore Creek deferred payments 23 23 Other 33 29 $ 686 $ 699 ____________________________ (1) Payables to joint venture partners at March 31, 2021 and December 31, 2020 consists of the Company’s proportionate share of total amounts due to (from) NGM for gold and silver purchased, the transition agreement services provided, and CC&V toll milling.

RECLASSIFICATIONS OUT OF ACCU_2

RECLASSIFICATIONS OUT OF ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)​ (Tables)	3 Months Ended
	Mar. 31, 2021
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]
Change in Accumulated Other Comprehensive Income (Loss)	Unrealized Gain (Loss) on Investment Securities, net Foreign Currency Translation Adjustments Pension and Other Post-retirement Benefit Adjustments Unrealized Gain (Loss) on Cash flow Hedge Instruments Total Balance at December 31, 2020 $ — $ 117 $ (237) $ (96) $ (216) Net current-period other comprehensive income (loss): Gain (loss) in other comprehensive income (loss) before reclassifications — 2 — 1 3 (Gain) loss reclassified from accumulated other comprehensive income (loss) — — 6 2 8 Other comprehensive income (loss) — 2 6 3 11 Balance at March 31, 2021 $ — $ 119 $ (231) $ (93) $ (205)
Schedule of Reclassifications Out of Accumulated Other Comprehensive Income (Loss)	Details about Accumulated Other Comprehensive Income (Loss) Components Amount Reclassified from Accumulated Other Comprehensive Income (Loss) Affected Line Item in the Condensed Consolidated Statements of Operations Three Months Ended 2021 2020 Marketable debt securities adjustments: Sale of marketable debt securities $ — $ (5) Gain on asset and investment sales, net Total before tax — (5) Tax — — Net of tax $ — $ (5) Pension and other post-retirement benefit adjustments: Amortization $ 7 $ 6 Other income, net Total before tax 7 6 Tax (1) (1) Net of tax $ 6 $ 5 Hedge instruments adjustments: Interest rate contracts $ 2 $ 11 Interest expense, net (1) Operating cash flow hedges — — Costs applicable to sales Total before tax 2 11 Tax — (2) Net of tax $ 2 $ 9 Total reclassifications for the period, net of tax $ 8 $ 9 ____________________________ (1) $8 was reclassified to Other income, net

NET CHANGE IN OPERATING ASSET_2

NET CHANGE IN OPERATING ASSETS AND LIABILITIES (Tables)	3 Months Ended
	Mar. 31, 2021
Increase (Decrease) in Operating Capital [Abstract]
Net Change in Operating Assets and Liabilities	Net cash provided by (used in) operating activities of continuing operations attributable to the net change in operating assets and liabilities is composed of the following: Three Months Ended March 31, 2021 2020 Decrease (increase) in operating assets: Trade and other receivables $ 228 $ 300 Inventories, stockpiles and ore on leach pads (97) (87) Other assets (38) 5 Increase (decrease) in operating liabilities: Accounts payable (86) (53) Reclamation and remediation liabilities (21) (20) Other accrued liabilities (311) (118) $ (325) $ 27

BASIS OF PRESENTATION (Details)

BASIS OF PRESENTATION (Details) - 1 months ended Mar. 31, 2021 - GT Gold $ in Millions	USD ($)	$ / shares
Business Acquisition [Line Items]
Percentage of common shares acquired		85.10%
Price per share (in C$ per share) | $ / shares		$ 3.25
Cash consideration | $	$ 313

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - site	2 Months Ended	3 Months Ended
	Apr. 30, 2020	Dec. 31, 2020
Accounting Policies [Abstract]
Number of sites placed in care and maintenance	5
Number of sites resumed operations		5

SEGMENT INFORMATION (Details)

SEGMENT INFORMATION (Details) $ in Millions		3 Months Ended
		Mar. 31, 2021USD ($)segment	Mar. 31, 2020USD ($)
Segment Information
Number of operating segments | segment		5
Number of reportable segments | segment		5
Sales		$ 2,872	$ 2,581
Costs applicable to sales	[1]	1,247	1,332
Depreciation and amortization		553	565
Advanced projects, research and development		66	71
Income (loss) before income and mining tax and other items		743	779
Capital expenditures		354	288
Additional disclosures
Increase (decrease) in accrued capital expenditures		(45)	(40)
Consolidated capital expenditures on a cash basis		399	328
Operating Segments | North America
Segment Information
Sales		1,057	813
Costs applicable to sales		463	477
Depreciation and amortization		226	209
Advanced projects, research and development		13	12
Income (loss) before income and mining tax and other items		345	117
Capital expenditures		77	81
Operating Segments | North America | CC&V
Segment Information
Sales		99	103
Costs applicable to sales		61	60
Depreciation and amortization		18	19
Advanced projects, research and development		2	2
Income (loss) before income and mining tax and other items		18	20
Capital expenditures		9	6
Operating Segments | North America | Red Lake
Segment Information
Sales			67
Costs applicable to sales			45
Depreciation and amortization			2
Advanced projects, research and development			1
Income (loss) before income and mining tax and other items			20
Capital expenditures			4
Operating Segments | North America | Musselwhite
Segment Information
Sales		70	23
Costs applicable to sales		39	25
Depreciation and amortization		20	14
Advanced projects, research and development		2	2
Income (loss) before income and mining tax and other items		5	(21)
Capital expenditures		9	20
Operating Segments | North America | Porcupine
Segment Information
Sales		131	116
Costs applicable to sales		66	55
Depreciation and amortization		24	25
Advanced projects, research and development		5	1
Income (loss) before income and mining tax and other items		34	34
Capital expenditures		11	7
Operating Segments | North America | Éléonore
Segment Information
Sales		109	106
Costs applicable to sales		53	61
Depreciation and amortization		32	31
Advanced projects, research and development		2	2
Income (loss) before income and mining tax and other items		18	10
Capital expenditures		17	15
Operating Segments | North America | Peñasquito
Segment Information
Sales		648	398
Costs applicable to sales		244	231
Depreciation and amortization		128	110
Advanced projects, research and development		1	2
Income (loss) before income and mining tax and other items		266	66
Capital expenditures		31	29
Operating Segments | North America | Peñasquito | Gold
Segment Information
Sales		310	159
Costs applicable to sales		89	64
Depreciation and amortization		48	29
Operating Segments | North America | Peñasquito | Silver
Segment Information
Sales		168	123
Costs applicable to sales		75	68
Depreciation and amortization		41	33
Operating Segments | North America | Peñasquito | Lead
Segment Information
Sales		44	39
Costs applicable to sales		19	26
Depreciation and amortization		10	13
Operating Segments | North America | Peñasquito | Zinc
Segment Information
Sales		126	77
Costs applicable to sales		61	73
Depreciation and amortization		29	35
Operating Segments | North America | Other North America
Segment Information
Sales		0	0
Costs applicable to sales		0	0
Depreciation and amortization		4	8
Advanced projects, research and development		1	2
Income (loss) before income and mining tax and other items		4	(12)
Capital expenditures		0	0
Operating Segments | South America
Segment Information
Sales		387	511
Costs applicable to sales		171	259
Depreciation and amortization		81	111
Advanced projects, research and development		11	21
Income (loss) before income and mining tax and other items		79	88
Capital expenditures		45	43
Operating Segments | South America | Yanacocha
Segment Information
Sales		110	187
Costs applicable to sales		50	127
Depreciation and amortization		28	44
Advanced projects, research and development		3	4
Income (loss) before income and mining tax and other items		3	(8)
Capital expenditures		15	20
Operating Segments | South America | Merian
Segment Information
Sales		193	208
Costs applicable to sales		81	81
Depreciation and amortization		25	25
Advanced projects, research and development		1	2
Income (loss) before income and mining tax and other items		83	100
Capital expenditures		10	9
Operating Segments | South America | Cerro Negro
Segment Information
Sales		84	116
Costs applicable to sales		40	51
Depreciation and amortization		26	40
Advanced projects, research and development		1	7
Income (loss) before income and mining tax and other items		6	8
Capital expenditures		20	14
Operating Segments | South America | Other South America
Segment Information
Sales		0	0
Costs applicable to sales		0	0
Depreciation and amortization		2	2
Advanced projects, research and development		6	8
Income (loss) before income and mining tax and other items		(13)	(12)
Capital expenditures		0	0
Operating Segments | Australia
Segment Information
Sales		515	453
Costs applicable to sales		228	221
Depreciation and amortization		50	54
Advanced projects, research and development		7	7
Income (loss) before income and mining tax and other items		231	719
Capital expenditures		147	60
Operating Segments | Australia | Boddington
Segment Information
Sales		296	264
Costs applicable to sales		158	156
Depreciation and amortization		25	28
Advanced projects, research and development		2	1
Income (loss) before income and mining tax and other items		111	95
Capital expenditures		86	29
Operating Segments | Australia | Boddington | Gold
Segment Information
Sales		244	243
Costs applicable to sales		131	131
Depreciation and amortization		21	23
Operating Segments | Australia | Boddington | Copper
Segment Information
Sales		52	21
Costs applicable to sales		27	25
Depreciation and amortization		4	5
Operating Segments | Australia | Tanami
Segment Information
Sales		219	189
Costs applicable to sales		70	65
Depreciation and amortization		23	24
Advanced projects, research and development		3	4
Income (loss) before income and mining tax and other items		123	131
Capital expenditures		59	31
Operating Segments | Australia | Other Australia
Segment Information
Sales		0	0
Costs applicable to sales		0	0
Depreciation and amortization		2	2
Advanced projects, research and development		2	2
Income (loss) before income and mining tax and other items		(3)	493
Capital expenditures		2	0
Operating Segments | Africa
Segment Information
Sales		374	283
Costs applicable to sales		158	132
Depreciation and amortization		64	56
Advanced projects, research and development		4	9
Income (loss) before income and mining tax and other items		143	77
Capital expenditures		39	37
Operating Segments | Africa | Ahafo
Segment Information
Sales		187	151
Costs applicable to sales		92	81
Depreciation and amortization		32	29
Advanced projects, research and development		3	5
Income (loss) before income and mining tax and other items		58	32
Capital expenditures		31	30
Operating Segments | Africa | Akyem
Segment Information
Sales		187	132
Costs applicable to sales		66	51
Depreciation and amortization		32	27
Advanced projects, research and development		1	2
Income (loss) before income and mining tax and other items		87	48
Capital expenditures		8	7
Operating Segments | Africa | Other Africa
Segment Information
Sales		0	0
Costs applicable to sales		0	0
Depreciation and amortization		0	0
Advanced projects, research and development		0	2
Income (loss) before income and mining tax and other items		(2)	(3)
Capital expenditures		0	0
Operating Segments | Nevada
Segment Information
Sales		539	521
Costs applicable to sales		227	243
Depreciation and amortization		127	131
Advanced projects, research and development		6	7
Income (loss) before income and mining tax and other items		167	133
Capital expenditures		42	59
Operating Segments | Nevada | Nevada Gold Mines
Segment Information
Sales		539	521
Costs applicable to sales		227	243
Depreciation and amortization		127	131
Advanced projects, research and development		6	7
Income (loss) before income and mining tax and other items		167	133
Capital expenditures		42	59
Corporate and other
Segment Information
Sales		0	0
Costs applicable to sales		0	0
Depreciation and amortization		5	4
Advanced projects, research and development		25	15
Income (loss) before income and mining tax and other items		(222)	(355)
Capital expenditures		$ 4	$ 8
[1]	Excludes Depreciation and amortization and Reclamation and remediation .

SALES - Disaggregation of reven

SALES - Disaggregation of revenue (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
SALES
Sales	$ 2,872	$ 2,581
Gold sales from dore
SALES
Sales	2,035	1,976
Sales from concentrate and other production
SALES
Sales	837	605
Operating Segments | North America
SALES
Sales	1,057	813
Operating Segments | North America | Gold sales from dore
SALES
Sales	465	430
Operating Segments | North America | Sales from concentrate and other production
SALES
Sales	592	383
Operating Segments | North America | CC&V
SALES
Sales	99	103
Operating Segments | North America | CC&V | Gold sales from dore
SALES
Sales	99	103
Operating Segments | North America | CC&V | Sales from concentrate and other production
SALES
Sales	0	0
Operating Segments | North America | Red Lake
SALES
Sales		67
Operating Segments | North America | Red Lake | Gold sales from dore
SALES
Sales		67
Operating Segments | North America | Red Lake | Sales from concentrate and other production
SALES
Sales		0
Operating Segments | North America | Musselwhite
SALES
Sales	70	23
Operating Segments | North America | Musselwhite | Gold sales from dore
SALES
Sales	70	23
Operating Segments | North America | Musselwhite | Sales from concentrate and other production
SALES
Sales	0	0
Operating Segments | North America | Porcupine
SALES
Sales	131	116
Operating Segments | North America | Porcupine | Gold sales from dore
SALES
Sales	131	116
Operating Segments | North America | Porcupine | Sales from concentrate and other production
SALES
Sales	0	0
Operating Segments | North America | Éléonore
SALES
Sales	109	106
Operating Segments | North America | Éléonore | Gold sales from dore
SALES
Sales	109	106
Operating Segments | North America | Éléonore | Sales from concentrate and other production
SALES
Sales	0	0
Operating Segments | North America | Peñasquito
SALES
Sales	648	398
Operating Segments | North America | Peñasquito | Gold sales from dore
SALES
Sales	56	15
Operating Segments | North America | Peñasquito | Sales from concentrate and other production
SALES
Sales	592	383
Operating Segments | North America | Penasquito - Gold
SALES
Sales	310	159
Operating Segments | North America | Penasquito - Gold | Gold sales from dore
SALES
Sales	56	15
Operating Segments | North America | Penasquito - Gold | Sales from concentrate and other production
SALES
Sales	254	144
Operating Segments | North America | Penasquito - Silver
SALES
Sales	168	123
Operating Segments | North America | Penasquito - Silver | Gold sales from dore
SALES
Sales	0	0
Operating Segments | North America | Penasquito - Silver | Sales from concentrate and other production
SALES
Sales	168	123
Operating Segments | North America | Penasquito - Silver | Silver streaming agreement
SALES
Sales	20	21
Operating Segments | North America | Penasquito - Lead
SALES
Sales	44	39
Operating Segments | North America | Penasquito - Lead | Gold sales from dore
SALES
Sales	0	0
Operating Segments | North America | Penasquito - Lead | Sales from concentrate and other production
SALES
Sales	44	39
Operating Segments | North America | Penasquito - Zinc
SALES
Sales	126	77
Operating Segments | North America | Penasquito - Zinc | Gold sales from dore
SALES
Sales	0	0
Operating Segments | North America | Penasquito - Zinc | Sales from concentrate and other production
SALES
Sales	126	77
Operating Segments | South America
SALES
Sales	387	511
Operating Segments | South America | Gold sales from dore
SALES
Sales	386	511
Operating Segments | South America | Sales from concentrate and other production
SALES
Sales	1	0
Operating Segments | South America | Yanacocha
SALES
Sales	110	187
Operating Segments | South America | Yanacocha | Gold sales from dore
SALES
Sales	109	187
Operating Segments | South America | Yanacocha | Sales from concentrate and other production
SALES
Sales	1	0
Operating Segments | South America | Merian
SALES
Sales	193	208
Operating Segments | South America | Merian | Gold sales from dore
SALES
Sales	193	208
Operating Segments | South America | Merian | Sales from concentrate and other production
SALES
Sales	0	0
Operating Segments | South America | Cerro Negro
SALES
Sales	84	116
Operating Segments | South America | Cerro Negro | Gold sales from dore
SALES
Sales	84	116
Operating Segments | South America | Cerro Negro | Sales from concentrate and other production
SALES
Sales	0	0
Operating Segments | Australia
SALES
Sales	515	453
Operating Segments | Australia | Gold sales from dore
SALES
Sales	285	243
Operating Segments | Australia | Sales from concentrate and other production
SALES
Sales	230	210
Operating Segments | Australia | Boddington
SALES
Sales	296	264
Operating Segments | Australia | Boddington | Gold sales from dore
SALES
Sales	66	54
Operating Segments | Australia | Boddington | Sales from concentrate and other production
SALES
Sales	230	210
Operating Segments | Australia | Boddington - Gold
SALES
Sales	244	243
Operating Segments | Australia | Boddington - Gold | Gold sales from dore
SALES
Sales	66	54
Operating Segments | Australia | Boddington - Gold | Sales from concentrate and other production
SALES
Sales	178	189
Operating Segments | Australia | Boddington - Copper
SALES
Sales	52	21
Operating Segments | Australia | Boddington - Copper | Gold sales from dore
SALES
Sales	0	0
Operating Segments | Australia | Boddington - Copper | Sales from concentrate and other production
SALES
Sales	52	21
Operating Segments | Australia | Tanami
SALES
Sales	219	189
Operating Segments | Australia | Tanami | Gold sales from dore
SALES
Sales	219	189
Operating Segments | Australia | Tanami | Sales from concentrate and other production
SALES
Sales	0	0
Operating Segments | Africa
SALES
Sales	374	283
Operating Segments | Africa | Gold sales from dore
SALES
Sales	374	283
Operating Segments | Africa | Sales from concentrate and other production
SALES
Sales	0	0
Operating Segments | Africa | Ahafo
SALES
Sales	187	151
Operating Segments | Africa | Ahafo | Gold sales from dore
SALES
Sales	187	151
Operating Segments | Africa | Ahafo | Sales from concentrate and other production
SALES
Sales	0	0
Operating Segments | Africa | Akyem
SALES
Sales	187	132
Operating Segments | Africa | Akyem | Gold sales from dore
SALES
Sales	187	132
Operating Segments | Africa | Akyem | Sales from concentrate and other production
SALES
Sales	0	0
Operating Segments | Nevada
SALES
Sales	539	521
Operating Segments | Nevada | Gold sales from dore
SALES
Sales	525	509
Operating Segments | Nevada | Sales from concentrate and other production
SALES
Sales	14	12
Operating Segments | Nevada | Nevada Gold Mines
SALES
Sales	539	521
Operating Segments | Nevada | Nevada Gold Mines | Gold sales from dore
SALES
Sales	525	509
Operating Segments | Nevada | Nevada Gold Mines | Gold sales from dore | NGM
SALES
Purchases	522	513
Operating Segments | Nevada | Nevada Gold Mines | Sales from concentrate and other production
SALES
Sales	$ 14	$ 12

SALES - Receivables Balance (De

SALES - Receivables Balance (Details) - USD ($) $ in Millions	Mar. 31, 2021	Dec. 31, 2020
Receivables from Sales:
Total receivables from Sales	$ 263	$ 449
Gold sales from dore
Receivables from Sales:
Total receivables from Sales	36	59
Sales from concentrate and other production
Receivables from Sales:
Total receivables from Sales	$ 227	$ 390

SALES - Additional Information

SALES - Additional Information (Details) oz in Thousands, lb in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2021USD ($)ozlb$ / oz$ / lb	Mar. 31, 2020USD ($)
SALES
Increase (decrease) to sales from revenue recognized due to changes in final pricing | $	$ (36)	$ (23)
Gold
SALES
Sales subject to final pricing (in ounces or pounds) | oz	201
Sales subject to final pricing (in dollars per ounce or pound) | $ / oz	1,692
Copper
SALES
Sales subject to final pricing (in ounces or pounds) | lb	11
Sales subject to final pricing (in dollars per ounce or pound) | $ / lb	4.01
Silver
SALES
Sales subject to final pricing (in ounces or pounds) | oz	6,000
Sales subject to final pricing (in dollars per ounce or pound) | $ / oz	24
Lead
SALES
Sales subject to final pricing (in ounces or pounds) | lb	29
Sales subject to final pricing (in dollars per ounce or pound) | $ / lb	0.89
Zinc
SALES
Sales subject to final pricing (in ounces or pounds) | lb	85
Sales subject to final pricing (in dollars per ounce or pound) | $ / lb	1.27

RECLAMATION AND REMEDIATION - E

RECLAMATION AND REMEDIATION - Expense (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Environmental Remediation Obligations [Abstract]
Reclamation adjustments and other	$ 9	$ 0
Reclamation accretion	32	34
Total reclamation expense	41	34
Remediation adjustments and other	4	2
Remediation accretion	1	2
Total remediation expense	5	4
Reclamation and remediation (Note 5)	$ 46	$ 38

RECLAMATION AND REMEDIATION - R

RECLAMATION AND REMEDIATION - Reconciliation of Obligation (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Change in reclamation liability
Balance at beginning of period	$ 3,719	$ 3,334
Additions, changes in estimates and other	9	(2)
Adjustment from transactions	0	15
Payments, net	(18)	(15)
Accretion expense	32	34
Balance at end of period	3,742	3,366
Change in remediation liability
Balance at beginning of period	313	299
Additions, changes in estimates and other	2	(2)
Payments, net	(3)	(5)
Accretion expense	1	2
Balance at end of period	313	$ 294
Nevada Gold Mines
Change in reclamation liability
Additions, changes in estimates and other	$ 9

RECLAMATION AND REMEDIATION - A

RECLAMATION AND REMEDIATION - Additional Information (Details) - USD ($) $ in Millions	Mar. 31, 2021	Dec. 31, 2020	Mar. 31, 2020	Dec. 31, 2019
Reclamation and remediation
Reclamation obligations, operating properties	$ 3,742	$ 3,719	$ 3,366	$ 3,334
Environmental remediation obligations	$ 313	313	$ 294	$ 299
Maximum
Reclamation and remediation
Loss accrual possible shortfall, as a percent	48.00%
Minimum
Reclamation and remediation
Loss accrual possible shortfall, as a percent	0.00%
Other current liabilities
Reclamation and remediation
Reclamation liabilities, current	$ 162	164
Remediation liabilities, current	52	50
Other noncurrent assets
Reclamation and remediation
Asset retirement obligation restricted assets	56	56
Other noncurrent assets | Marketable equity securities
Reclamation and remediation
Asset retirement obligation restricted assets	38	38
Other noncurrent assets | Ahafo and Akyem mines
Reclamation and remediation
Asset retirement obligation restricted assets	48	48
Other noncurrent assets | NGM
Reclamation and remediation
Asset retirement obligation restricted assets	6	6
Other noncurrent assets | Midnite (Dawn) mine
Reclamation and remediation
Asset retirement obligation restricted assets	2	2
Other noncurrent assets | Midnite mine and Dawn mill sites | Marketable equity securities
Reclamation and remediation
Asset retirement obligation restricted assets	14	14
Other noncurrent assets | San Jose Reservoir | Marketable equity securities
Reclamation and remediation
Asset retirement obligation restricted assets	$ 24	$ 24

OTHER EXPENSE, NET (Details)

OTHER EXPENSE, NET (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Operating Costs and Expenses [Abstract]
COVID-19 specific costs	$ 22	$ 2
Restructuring and severance	5	1
Settlement costs	3	6
Impairment of long-lived and other assets	1	0
Care and maintenance costs	0	20
Goldcorp transaction and integration costs	0	16
Other	8	8
Other expense, net	39	53
Other Income And Expense [Line Items]
Amount distributed from Newmont Global Community Support Fund	1
Care and maintenance costs	$ 0	20
Depreciation and amortization
Operating Costs and Expenses [Abstract]
Care and maintenance costs		7
Other Income And Expense [Line Items]
Care and maintenance costs		$ 7

GAIN ON ASSET AND INVESTMENT _3

GAIN ON ASSET AND INVESTMENT SALES, NET (Details) - Disposed of by sale, not discontinued operations - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Gain (Loss) On Sale Of Other Assets [Line Items]
Gain on sale	$ 43	$ 593
TMAC
Gain (Loss) On Sale Of Other Assets [Line Items]
Gain on sale	42	0
Kalgoorlie
Gain (Loss) On Sale Of Other Assets [Line Items]
Gain on sale	0	493
Continental
Gain (Loss) On Sale Of Other Assets [Line Items]
Gain on sale	0	91
Red Lake
Gain (Loss) On Sale Of Other Assets [Line Items]
Gain on sale	0	9
Other
Gain (Loss) On Sale Of Other Assets [Line Items]
Gain on sale	$ 1	$ 0

GAIN ON ASSET AND INVESTMENT _4

GAIN ON ASSET AND INVESTMENT SALES, NET - Additional Information (Details) - USD ($) $ in Millions	Mar. 31, 2020	Mar. 04, 2020	Jan. 02, 2020	Mar. 31, 2021	Sep. 30, 2020
Continental
Gain (Loss) On Sale Of Other Assets [Line Items]
Cash proceeds on sale		$ 253
Disposed of by sale, not discontinued operations | Kalgoorlie
Gain (Loss) On Sale Of Other Assets [Line Items]
Percentage interest sold			50.00%
Proceeds from sale			$ 800
Disposed of by sale, not discontinued operations | Kalgoorlie | Exploration Tenements, Transitional Services Support, And Option
Gain (Loss) On Sale Of Other Assets [Line Items]
Proceeds from sale			$ 25
Disposed of by sale, not discontinued operations | Red Lake
Gain (Loss) On Sale Of Other Assets [Line Items]
Proceeds from sale	$ 375
Total consideration					$ 429
Consideration, working capital	$ 15
Contingent consideration assets					$ 100
Contingent consideration, period	15 years
Value of embedded derivative				$ 42

OTHER INCOME, NET (Details)

OTHER INCOME, NET (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
OTHER INCOME, NET
Change in fair value of investments	$ (110)	$ (93)
Foreign currency exchange, net	23	66
Interest	3	11
Impairment of investments	0	(93)
Charges from debt extinguishment	0	(74)
Other	2	(6)
Other income, net	$ (82)	(189)
Senior Notes | 2022 and 2023 Senior Notes
OTHER INCOME, NET
Charges from debt extinguishment		66
Senior Notes | Forward starting swaps
OTHER INCOME, NET
Charges from debt extinguishment		$ 8

INCOME AND MINING TAXES (Detail

INCOME AND MINING TAXES (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Reconciling item, percentage
U.S. Federal statutory tax rate	21.00%	21.00%
Reconciling items:
Change in valuation allowance on deferred tax assets	3.00%	(14.00%)
Foreign rate differential	9.00%	11.00%
Mining and other taxes	6.00%	3.00%
Tax impact of foreign exchange	(4.00%)	(23.00%)
Other	(3.00%)	(1.00%)
Income and mining tax expense (benefit)	32.00%	(3.00%)
Reconciling item, amount
Income (loss) before income and mining tax and other items	$ 743	$ 779
U.S. Federal statutory tax rate	156	164
Change in valuation allowance on deferred tax assets	21	(109)
Foreign rate differential	70	84
Mining and other taxes	41	20
Tax impact of foreign exchange	(28)	(179)
Other	(25)	(3)
Income and mining tax expense (benefit)	$ 235	$ (23)

EQUITY INCOME (LOSS) OF AFFIL_3

EQUITY INCOME (LOSS) OF AFFILIATES (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
Equity method investments
Equity income (loss) of affiliates	$ 50	$ 37
Pueblo Viejo Mine
Equity method investments
Equity income (loss) of affiliates	$ 50	48
Ownership interest	40.00%
Maverix Metals Inc.
Equity method investments
Equity income (loss) of affiliates	$ 2	(3)
Ownership interest	29.80%
Norte Abierto Project
Equity method investments
Equity income (loss) of affiliates	$ (1)	(2)
Ownership interest	50.00%
Alumbrera Mine
Equity method investments
Equity income (loss) of affiliates	$ 0	(3)
Ownership interest			37.50%
NuevaUnión Project
Equity method investments
Equity income (loss) of affiliates	$ 0	(2)
Ownership interest	50.00%
TMAC Resources Inc.
Equity method investments
Equity income (loss) of affiliates	$ 0	(1)
Other
Equity method investments
Equity income (loss) of affiliates	$ (1)	$ 0
MARA Investment
Equity method investments
Ownership interest			18.75%

NET INCOME (LOSS) ATTRIBUTABL_3

NET INCOME (LOSS) ATTRIBUTABLE TO NONCONTROLLING INTERESTS (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
NET INCOME (LOSS) ATTRIBUTABLE TO NONCONTROLLING INTERESTS
Net income (loss) attributable to noncontrolling interests	$ 20	$ 2
Merian
NET INCOME (LOSS) ATTRIBUTABLE TO NONCONTROLLING INTERESTS
Net income (loss) attributable to noncontrolling interests	20	24
Minera Yanacocha
NET INCOME (LOSS) ATTRIBUTABLE TO NONCONTROLLING INTERESTS
Net income (loss) attributable to noncontrolling interests	$ 0	$ (22)

NET INCOME (LOSS) PER COMMON _3

NET INCOME (LOSS) PER COMMON SHARE (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Net income (loss) attributable to Newmont stockholders:
Continuing operations	$ 538	$ 837
Discontinued operations	21	(15)
Net income (loss) attributable to Newmont stockholders	$ 559	$ 822
Weighted average common shares:
Basic (in shares)	801	807
Effect of employee stock-based awards (in shares)	1	2
Diluted (in shares)	802	809
Basic:
Continuing operations (in dollars per share)	$ 0.67	$ 1.04
Discontinued operations (in dollars per share)	0.03	(0.02)
Net income (loss) per common share, basic	0.70	1.02
Diluted:
Continuing operations (in dollars per share)	0.67	1.04
Discontinued operations (in dollars per share)	0.03	(0.02)
Net income (loss) per common share, diluted	$ 0.70	$ 1.02
Repurchase and retirement of common stock (in shares)	0	7
Repurchase and retirement of common stock	$ 0	$ 321
Withholding of employee taxes related to stock-based compensation (in shares)	0.5	0.7

STOCK-BASED COMPENSATION (Detai

STOCK-BASED COMPENSATION (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Stock-based compensation
Stock-based compensation	$ 17	$ 25
Restricted stock units
Stock-based compensation
Stock-based compensation	11	15
Performance stock units
Stock-based compensation
Stock-based compensation	6	6
Other
Stock-based compensation
Stock-based compensation	$ 0	$ 4

FAIR VALUE ACCOUNTING - Recurri

FAIR VALUE ACCOUNTING - Recurring Basis (Details) - Recurring - USD ($) $ in Millions	Mar. 31, 2021	Dec. 31, 2020
Assets:
Cash and cash equivalents	$ 5,518	$ 5,540
Restricted cash	108	108
Contingent consideration assets	145	119
Total assets	6,593	6,866
Liabilities:
Debt	7,067	7,586
Cash-settled Goldcorp share awards	4	8
Total liabilities	7,072	7,597
Carrying value
Liabilities:
Debt	6,030	6,031
Diesel derivative contracts
Liabilities:
Diesel derivative contracts	1	3
Level 1
Assets:
Cash and cash equivalents	5,518	5,540
Restricted cash	108	108
Contingent consideration assets	0	0
Total assets	6,143	6,276
Liabilities:
Debt	0	0
Cash-settled Goldcorp share awards	0	0
Total liabilities	0	0
Level 1 | Diesel derivative contracts
Liabilities:
Diesel derivative contracts	0	0
Level 2
Assets:
Cash and cash equivalents	0	0
Restricted cash	0	0
Contingent consideration assets	0	0
Total assets	250	418
Liabilities:
Debt	7,067	7,586
Cash-settled Goldcorp share awards	4	8
Total liabilities	7,072	7,597
Level 2 | Diesel derivative contracts
Liabilities:
Diesel derivative contracts	1	3
Level 3
Assets:
Cash and cash equivalents	0	0
Restricted cash	0	0
Contingent consideration assets	145	119
Total assets	200	172
Liabilities:
Debt	0	0
Cash-settled Goldcorp share awards	0	0
Total liabilities	0	0
Level 3 | Diesel derivative contracts
Liabilities:
Diesel derivative contracts	0	0
Trade receivable from provisional concentrate sales, net
Assets:
Trade receivable from provisional concentrate sales, net	213	379
Trade receivable from provisional concentrate sales, net  | Level 1
Assets:
Trade receivable from provisional concentrate sales, net	0	0
Trade receivable from provisional concentrate sales, net  | Level 2
Assets:
Trade receivable from provisional concentrate sales, net	213	379
Trade receivable from provisional concentrate sales, net  | Level 3
Assets:
Trade receivable from provisional concentrate sales, net	0	0
Marketable equity securities
Assets:
Marketable securities	571	682
Marketable equity securities | Maverix Metals Inc.
Assets:
Marketable securities	13	14
Marketable equity securities | Level 1
Assets:
Marketable securities	493	604
Marketable equity securities | Level 2
Assets:
Marketable securities	23	25
Marketable equity securities | Level 3
Assets:
Marketable securities	55	53
Marketable debt securities
Assets:
Restricted investments	38	38
Marketable debt securities | Level 1
Assets:
Restricted investments	24	24
Marketable debt securities | Level 2
Assets:
Restricted investments	14	14
Marketable debt securities | Level 3
Assets:
Restricted investments	$ 0	$ 0

FAIR VALUE ACCOUNTING - Quantit

FAIR VALUE ACCOUNTING - Quantitative Information (Details) - Level 3 $ in Millions	Mar. 31, 2021USD ($)	Dec. 31, 2020USD ($)
Quantitative and Qualitative Information - Unobservable Inputs
Marketable and other equity securities	$ 55	$ 53
Contingent consideration	$ 145	$ 119
Discounted cash flow | Discount rate
Quantitative and Qualitative Information - Unobservable Inputs
Marketable securities, measurement input	0.0950	0.0950
Discounted cash flow | Long-term gold price
Quantitative and Qualitative Information - Unobservable Inputs
Marketable securities, measurement input	1,500	1,500
Discounted cash flow | Long-term copper price
Quantitative and Qualitative Information - Unobservable Inputs
Marketable securities, measurement input	3	3
Discounted cash flow | Minimum | Discount rate
Quantitative and Qualitative Information - Unobservable Inputs
Contingent consideration, measurement input	0.0453	0.0453
Discounted cash flow | Maximum | Discount rate
Quantitative and Qualitative Information - Unobservable Inputs
Contingent consideration, measurement input	0.0919	0.0919
Discounted cash flow | Weighted Average | Discount rate
Quantitative and Qualitative Information - Unobservable Inputs
Contingent consideration, measurement input	0.0791	0.0763

FAIR VALUE ACCOUNTING - Changes

FAIR VALUE ACCOUNTING - Changes in the Fair Value of Level 3 Financial Assets and Liabilities (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Summary of changes in Level 3 financial assets
Balance at beginning of period, assets	$ 119	$ 77
Additions and settlements	0	39
Revaluation	26	0
Sales		(40)
Balance at end of period, assets	145	76
Summary of changes in Level 3 financial liabilities
Balance at beginning of period, liabilities		257
Additions and settlements		(3)
Revaluation		17
Sales		0
Balance at end of period, liabilities		271
Holt Royalty Obligation
Summary of changes in Level 3 financial liabilities
Balance at beginning of period, liabilities		257
Additions and settlements		(3)
Revaluation		17
Sales		0
Balance at end of period, liabilities		271
Continental Convertible Debt
Summary of changes in Level 3 financial assets
Balance at beginning of period, assets		39
Additions and settlements		0
Revaluation		1
Sales		(40)
Balance at end of period, assets		0
Contingent Consideration
Summary of changes in Level 3 financial assets
Balance at beginning of period, assets	119	38
Additions and settlements	0	39
Revaluation	26	(1)
Sales		0
Balance at end of period, assets	145	76
Contingent Consideration | Red Lake
Summary of changes in Level 3 financial assets
Additions and settlements		$ 39
Contingent Consideration | Net income (loss) from discontinued operations
Summary of changes in Level 3 financial assets
Revaluation	$ 26

INVESTMENTS (Details)

INVESTMENTS (Details) - USD ($) $ in Millions	1 Months Ended	3 Months Ended
	Feb. 28, 2021	Mar. 31, 2021	Sep. 30, 2020	Mar. 31, 2020	Dec. 31, 2020
Investments
Investments		$ 3,165			$ 3,197
Non-current restricted investments		38			38
Pueblo Viejo Mine
Investments
Share of loans included in investment		232			244
Interest receivable		$ 1			4
Ownership interest		40.00%
Purchases		$ 171		$ 157
NuevaUnión Project
Investments
Ownership interest		50.00%
Norte Abierto Project
Investments
Ownership interest		50.00%
Maverix Metals Inc.
Investments
Ownership interest		29.80%
TMAC
Investments
Equity method investments	$ 13
Ownership interest		0.00%
Other-than-temporary impairment charge			$ 93
Cash proceeds on sale	55
Gain on sale	$ 42
Marketable debt securities
Investments
Non-current restricted investments		$ 38			38
Other assets
Investments
Non-current restricted investments		0			0
Investments - current | Marketable equity securities
Investments
Marketable securities		240			290
Investments - noncurrent
Investments
Equity method investments		2,847			2,819
Investments		3,165			3,197
Investments - noncurrent | Pueblo Viejo Mine
Investments
Equity method investments		1,235			1,202
Investments - noncurrent | NuevaUnión Project
Investments
Equity method investments		950			949
Investments - noncurrent | Norte Abierto Project
Investments
Equity method investments		497			493
Investments - noncurrent | Maverix Metals Inc.
Investments
Equity method investments		163			160
Investments - noncurrent | TMAC
Investments
Equity method investments		0			13
Investments - noncurrent | Other
Investments
Equity method investments		2			2
Investments - noncurrent | Marketable equity securities
Investments
Marketable securities		$ 318			$ 378

INVENTORIES (Details)

INVENTORIES (Details) - USD ($) $ in Millions	Mar. 31, 2021	Dec. 31, 2020
Inventory, net
Materials and supplies	$ 676	$ 673
In-process	135	148
Concentrate	50	39
Precious metals	110	103
Total inventories	$ 971	$ 963

STOCKPILES AND ORE ON LEACH P_3

STOCKPILES AND ORE ON LEACH PADS - By location (Details) - USD ($) $ in Millions	Mar. 31, 2021	Dec. 31, 2020
Stockpiles And Ore On Leach Pads
Current stockpiles and ore on leach pads	$ 890	$ 827
Non-current stockpiles and ore on leach pads	1,746	1,705
Stockpiles and ore on leach pads	2,636	2,532
Stockpiles
Stockpiles And Ore On Leach Pads
Current stockpiles and ore on leach pads	542	514
Non-current stockpiles and ore on leach pads	1,489	1,446
Stockpiles and ore on leach pads	2,031	1,960
Stockpiles | CC&V
Stockpiles And Ore On Leach Pads
Stockpiles and ore on leach pads	15	19
Stockpiles | Musselwhite
Stockpiles And Ore On Leach Pads
Stockpiles and ore on leach pads	1	1
Stockpiles | Porcupine
Stockpiles And Ore On Leach Pads
Stockpiles and ore on leach pads	18	12
Stockpiles | Éléonore
Stockpiles And Ore On Leach Pads
Stockpiles and ore on leach pads	8	1
Stockpiles | Peñasquito
Stockpiles And Ore On Leach Pads
Stockpiles and ore on leach pads	333	307
Stockpiles | Yanacocha
Stockpiles And Ore On Leach Pads
Stockpiles and ore on leach pads	38	37
Stockpiles | Merian
Stockpiles And Ore On Leach Pads
Stockpiles and ore on leach pads	19	29
Stockpiles | Cerro Negro
Stockpiles And Ore On Leach Pads
Stockpiles and ore on leach pads	3	4
Stockpiles | Boddington
Stockpiles And Ore On Leach Pads
Stockpiles and ore on leach pads	503	482
Stockpiles | Tanami
Stockpiles And Ore On Leach Pads
Stockpiles and ore on leach pads	12	7
Stockpiles | Ahafo
Stockpiles And Ore On Leach Pads
Stockpiles and ore on leach pads	429	422
Stockpiles | Akyem
Stockpiles And Ore On Leach Pads
Stockpiles and ore on leach pads	135	138
Stockpiles | Nevada Gold Mines
Stockpiles And Ore On Leach Pads
Stockpiles and ore on leach pads	517	501
Ore on Leach Pads
Stockpiles And Ore On Leach Pads
Current stockpiles and ore on leach pads	348	313
Non-current stockpiles and ore on leach pads	257	259
Stockpiles and ore on leach pads	605	572
Ore on Leach Pads | CC&V
Stockpiles And Ore On Leach Pads
Stockpiles and ore on leach pads	224	226
Ore on Leach Pads | Musselwhite
Stockpiles And Ore On Leach Pads
Stockpiles and ore on leach pads	0	0
Ore on Leach Pads | Porcupine
Stockpiles And Ore On Leach Pads
Stockpiles and ore on leach pads	0	0
Ore on Leach Pads | Éléonore
Stockpiles And Ore On Leach Pads
Stockpiles and ore on leach pads	0	0
Ore on Leach Pads | Peñasquito
Stockpiles And Ore On Leach Pads
Stockpiles and ore on leach pads	0	0
Ore on Leach Pads | Yanacocha
Stockpiles And Ore On Leach Pads
Stockpiles and ore on leach pads	151	151
Ore on Leach Pads | Merian
Stockpiles And Ore On Leach Pads
Stockpiles and ore on leach pads	0	0
Ore on Leach Pads | Cerro Negro
Stockpiles And Ore On Leach Pads
Stockpiles and ore on leach pads	0	0
Ore on Leach Pads | Boddington
Stockpiles And Ore On Leach Pads
Stockpiles and ore on leach pads	0	0
Ore on Leach Pads | Tanami
Stockpiles And Ore On Leach Pads
Stockpiles and ore on leach pads	0	0
Ore on Leach Pads | Ahafo
Stockpiles And Ore On Leach Pads
Stockpiles and ore on leach pads	0	0
Ore on Leach Pads | Akyem
Stockpiles And Ore On Leach Pads
Stockpiles and ore on leach pads	0	0
Ore on Leach Pads | Nevada Gold Mines
Stockpiles And Ore On Leach Pads
Stockpiles and ore on leach pads	$ 230	$ 195

STOCKPILES AND ORE ON LEACH P_4

STOCKPILES AND ORE ON LEACH PADS - Write-downs (Details) - Stockpiles and ore on leach pads - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
CC&V
Stockpiles And Ore On Leach Pads
Write-downs of inventory and stockpiles and ore on leach pads	$ 5
Nevada Gold Mines
Stockpiles And Ore On Leach Pads
Write-downs of inventory and stockpiles and ore on leach pads	16	$ 9
Yanacocha
Stockpiles And Ore On Leach Pads
Write-downs of inventory and stockpiles and ore on leach pads		24
Costs applicable to sales
Stockpiles And Ore On Leach Pads
Write-downs of inventory and stockpiles and ore on leach pads	14	24
Depreciation and amortization
Stockpiles And Ore On Leach Pads
Write-downs of inventory and stockpiles and ore on leach pads	$ 7	$ 9

DEBT - Minimum Debt Repayments

DEBT - Minimum Debt Repayments (Details) $ in Millions	Mar. 31, 2021USD ($)
Scheduled minimum debt repayments
2021 (for the remainder of 2021)	$ 550
2022	492
2023	414
2024	0
2025	0
Thereafter	4,624
Net carrying amount	$ 6,080

DEBT - Additional Information (

DEBT - Additional Information (Details) - USD ($)	1 Months Ended	3 Months Ended
	Apr. 29, 2021	Mar. 31, 2021
Line of Credit
Debt
Line of credit facility maximum borrowing capacity		$ 3,000,000,000
Line of Credit | ESG Scores
Debt
Adjustment - plus or minus		0.05%
Senior Notes Due 2021 | Senior Notes | Subsequent Event [Member]
Debt
Interest rate	3.625%
Redemption of notes	$ 557,000,000

OTHER LIABILITIES (Details)

OTHER LIABILITIES (Details) - USD ($) $ in Millions	Mar. 31, 2021	Dec. 31, 2020
Other current liabilities:
Accrued operating costs	$ 275	$ 285
Reclamation and remediation liabilities	214	214
Accrued capital expenditures	106	144
Taxes other than income and mining	93	48
Accrued interest	85	61
Silver streaming agreement	82	67
Royalties	66	70
Payables to joint venture partners	63	94
Deposit on Kalgoorlie power business option	23	23
Operating leases	17	17
Other	36	53
Other current liabilities	1,167	1,182
Other non-current liabilities:
Income and mining taxes	381	382
Operating leases	78	91
Social development and community obligations	49	51
Other	33	29
Other long-term liabilities, total	686	699
Unrecognized tax benefits, interest and penalties	368	367
Galore Creek
Other current liabilities:
Deferred payments	74	73
Other non-current liabilities:
Deferred payments	23	23
Norte Abierto Project
Other current liabilities:
Deferred payments	33	33
Other non-current liabilities:
Deferred payments	$ 122	$ 123

RECLASSIFICATIONS OUT OF ACCU_3

RECLASSIFICATIONS OUT OF ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)​​ - Components of AOCI (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	$ 23,845	$ 22,370
Gain (loss) in other comprehensive income (loss) before reclassifications	3
(Gain) loss reclassified from accumulated other comprehensive income (loss)	8
Other comprehensive income (loss)	11	13
Balance at end of period	23,958	22,735
Total
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	(216)	(265)
Other comprehensive income (loss)	11	13
Balance at end of period	(205)	$ (252)
Unrealized Gain (Loss) on Investment Securities, net
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	0
Gain (loss) in other comprehensive income (loss) before reclassifications	0
(Gain) loss reclassified from accumulated other comprehensive income (loss)	0
Other comprehensive income (loss)	0
Balance at end of period	0
Foreign Currency Translation Adjustments
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	117
Gain (loss) in other comprehensive income (loss) before reclassifications	2
(Gain) loss reclassified from accumulated other comprehensive income (loss)	0
Other comprehensive income (loss)	2
Balance at end of period	119
Pension and Other Post-retirement Benefit Adjustments
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	(237)
Gain (loss) in other comprehensive income (loss) before reclassifications	0
(Gain) loss reclassified from accumulated other comprehensive income (loss)	6
Other comprehensive income (loss)	6
Balance at end of period	(231)
Unrealized Gain (Loss) on Cash flow Hedge Instruments
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	(96)
Gain (loss) in other comprehensive income (loss) before reclassifications	1
(Gain) loss reclassified from accumulated other comprehensive income (loss)	2
Other comprehensive income (loss)	3
Balance at end of period	$ (93)

RECLASSIFICATIONS OUT OF ACCU_4

RECLASSIFICATIONS OUT OF ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)​ - Reclassifications (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2021	Mar. 31, 2020
Amount Reclassified from Accumulated Other Comprehensive Income (Loss)
Other income, net		$ 82	$ 189
Interest rate contracts		74	82
Costs applicable to sales	[1]	1,247	1,332
Total before tax		(743)	(779)
Tax		(235)	23
Net of tax		(579)	(824)
Charges from debt extinguishment		0	(74)
Reclassification Out of Accumulated Other Comprehensive Income
Amount Reclassified from Accumulated Other Comprehensive Income (Loss)
Net of tax		8	9
Reclassification Out of Accumulated Other Comprehensive Income | Marketable debt securities adjustments:
Amount Reclassified from Accumulated Other Comprehensive Income (Loss)
Other income, net		0	(5)
Total before tax		0	(5)
Tax		0	0
Net of tax		0	(5)
Reclassification Out of Accumulated Other Comprehensive Income | Pension and other post-retirement benefit adjustments:
Amount Reclassified from Accumulated Other Comprehensive Income (Loss)
Total before tax		7	6
Tax		(1)	(1)
Net of tax		6	5
Reclassification Out of Accumulated Other Comprehensive Income | Amortization
Amount Reclassified from Accumulated Other Comprehensive Income (Loss)
Other income, net		7	6
Reclassification Out of Accumulated Other Comprehensive Income | Hedge instruments adjustments:
Amount Reclassified from Accumulated Other Comprehensive Income (Loss)
Total before tax		2	11
Tax		0	(2)
Net of tax		2	9
Reclassification Out of Accumulated Other Comprehensive Income | Hedge instruments adjustments: | Forward starting swaps
Amount Reclassified from Accumulated Other Comprehensive Income (Loss)
Interest rate contracts		2	11
Charges from debt extinguishment			8
Reclassification Out of Accumulated Other Comprehensive Income | Hedge instruments adjustments: | Operating cash flow hedges
Amount Reclassified from Accumulated Other Comprehensive Income (Loss)
Costs applicable to sales		$ 0	$ 0
[1]	Excludes Depreciation and amortization and Reclamation and remediation .

NET CHANGE IN OPERATING ASSET_3

NET CHANGE IN OPERATING ASSETS AND LIABILITIES (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Decrease (increase) in operating assets:
Trade and other receivables	$ 228	$ 300
Inventories, stockpiles and ore on leach pads	(97)	(87)
Other assets	(38)	5
Increase (decrease) in operating liabilities:
Accounts payable	(86)	(53)
Reclamation and remediation liabilities	(21)	(20)
Other accrued liabilities	(311)	(118)
Net change in operating assets and liabilities	$ (325)	$ 27

COMMITMENTS AND CONTINGENCIES -

COMMITMENTS AND CONTINGENCIES - Environmental Matters (Details)	3 Months Ended
	Mar. 31, 2021USD ($)unit$ / unit	Dec. 31, 2020USD ($)	Mar. 31, 2020USD ($)	Dec. 31, 2019USD ($)	Dec. 31, 2012USD ($)
Loss contingencies
Environmental remediation obligations	$ 313,000,000	$ 313,000,000	$ 294,000,000	$ 299,000,000
Minera Yanacocha | Minimum
Loss contingencies
Potential fine for alleged violations	0
Minera Yanacocha | Maximum
Loss contingencies
Potential fine for alleged violations	$ 4.17
OEFA | Minera Yanacocha
Loss contingencies
Potential fine for each unit alleged violations (in dollars per unit) | $ / unit	0.001214
OEFA | Minera Yanacocha | Minimum
Loss contingencies
Number of units with alleged violations | unit	0
OEFA | Minera Yanacocha | Maximum
Loss contingencies
Number of units with alleged violations | unit	3,423
Water Authority | Minera Yanacocha | Minimum
Loss contingencies
Number of units with alleged violations | unit	0
Water Authority | Minera Yanacocha | Maximum
Loss contingencies
Number of units with alleged violations | unit	10
Midnite Mine
Loss contingencies
Department of Interior contribution for past and future cleanup costs					$ 42,000,000
Midnite mine and Dawn mill sites
Loss contingencies
Environmental remediation obligations	$ 175,000,000
Dawn Mining Company
Loss contingencies
Percent ownership held by Newmont	58.19%

COMMITMENTS AND CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES - Other Legal Matters - Yanacocha (Details)	Jan. 18, 2019votejudge	Nov. 30, 2015judgment	Mar. 31, 2021USD ($)unit	Sep. 30, 2020USD ($)	Dec. 31, 2000USD ($)
Minera Yanacocha
Loss contingencies
Percent ownership held by Newmont			51.35%
Contractual right to conduct exploration
Loss contingencies
Intangible asset acquired					$ 29,000,000
Intangible asset, useful life					10 years
Yanacocha Tax Dispute
Loss contingencies
Number of rulings overturned | judgment		2
Number of judges supporting tax authority | judge	3
Number of judges supporting Yanacocha position | judge	2
Number of votes required | vote	4
Tax settlement				$ 29,000,000
Potential interest disputed			$ 87,000,000
Yanacocha Tax Dispute, Filed Action #1
Loss contingencies
Potential interest disputed				60,000,000
Yanacocha Tax Dispute, Filed Action #2
Loss contingencies
Potential interest disputed				$ 81,000,000
Minera Yanacocha | Minimum
Loss contingencies
Potential fine for alleged violations			0
Minera Yanacocha | Maximum
Loss contingencies
Potential fine for alleged violations			$ 4.17
Minera Yanacocha | OEFA | Minimum
Loss contingencies
Number of units with alleged violations | unit			0
Minera Yanacocha | OEFA | Maximum
Loss contingencies
Number of units with alleged violations | unit			3,423
Minera Yanacocha | Water Authority | Minimum
Loss contingencies
Number of units with alleged violations | unit			0
Minera Yanacocha | Water Authority | Maximum
Loss contingencies
Number of units with alleged violations | unit			10

COMMITMENTS AND CONTINGENCIES_3

COMMITMENTS AND CONTINGENCIES - Other Legal Matters - NWG, etc. (Details) $ in Millions	Dec. 24, 2018plaintiffco-defendant	Feb. 26, 2014USD ($)	Sep. 24, 2012USD ($)	Apr. 08, 2008	Mar. 31, 2021USD ($)	Mar. 31, 2020USD ($)	Jun. 30, 2019USD ($)	Sep. 30, 2007
Loss contingencies
Settlement costs					$ 3	$ 6
Mexican Tax Authority
Loss contingencies
Tax settlement paid							$ 96
Settlement costs					$ 29
NWG New York Case | Pending Litigation
Loss contingencies
Damages sought			$ 750
NWG Ontario Complaint | Pending Litigation
Loss contingencies
Damages sought		$ 1,200
Ghana Parliament Cases
Loss contingencies
Number of plaintiffs | plaintiff	2
Number of co-defendants | co-defendant	33
Labrador | Pending Litigation
Loss contingencies
Uranium mining moratorium term				3 years
NWG Investments Inc | Jacob Safra
Loss contingencies
Noncontrolling interest, ownership percentage by parent								100.00%
Newmont Ghana Gold Limited And Newmont Golden Ridge Limited
Loss contingencies
Noncontrolling interest, ownership percentage by parent					100.00%
Goldcorp
Loss contingencies
Noncontrolling interest, ownership percentage by parent					100.00%
NWG Investments Inc | NewWest Gold
Loss contingencies
Noncontrolling interest, ownership percentage by parent								86.00%
Fronteer | Aurora
Loss contingencies
Noncontrolling interest, ownership percentage by parent								47.00%

COMMITMENTS AND CONTINGENCIES_4

COMMITMENTS AND CONTINGENCIES - Other Commitments and Contingences (Details) - USD ($) $ in Millions	Mar. 31, 2021	Dec. 31, 2020
Galore Creek
Other commitments
Contingent consideration liability	$ 75
Norte Abierto Project
Other commitments
Contingent consideration liability	$ 155	$ 156

Uncategorized Items - nem-20210

Label	Element	Value
Accounting Standards Update [Extensible List]	us-gaap_AccountingStandardsUpdateExtensibleList	us-gaap:AccountingStandardsUpdate201602Member