operator. you, Thank
thank our and making time the Hello, you join call. to everyone, for
joined our the with Today, and Karyn answer and by I'm Ovelmen, available be the our my leadership to Operating call. we'll of all Natascha questions Chief Chief Officer; of rest along at the your executive team, end Viljoen, Officer; Financial
refer our Please note found filings, on website. which SEC of our to cautionary can our statement and be
update a would safety on to an by to I our taking moment like performance. provide start
Newmont values-driven safety and heart the of ensuring our we very everything is the organization, a health workforce and is of do. at
culture, working are and our diligently been have skill our key across and refreshing areas: safety We global around safety systems performance and centered programs development. to strengthen business reviewing key three
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Turning now to rationalization.
a program months resounding over success. been has last XX divestment Our the
part year have sell closing this is the divestment program, from result to all we costs. And program X and after half around billion We billion announced operations which pretax last have our the reached expected in potential $X.X to to first in in or in this cash sold proceeds $X.X of proceeds of taxes as of we definitive noncore deliver to agreements the up February.
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Turning to the next slide.
predictable value. producer, go-forward unique our portfolio, shareholder sight are With full long-term mind, As the people, of the culture to of of is in our with meaningful to prices. and allow and production, it line committed our cash this safety, responsibility and performance. projects margins the productivity clear our to manage making are to on we stable our to capture leading basis, our the incremental improvements better of flows result gold generate combined these a gold world's of strong value drive us seeing results ounce gold combination our maximize of a we and efforts cost equivalent The assets, and as costs a will
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to questions. your that, with And today for time line to and it operator for open the thank I'll you over the turn back