NC
$103.6B
USD
Market cap · 2026–07 · week 27
🇺🇸 United States, Denver
Country
Precious Metals
Sector
Producer · Senior · Gold · Australia · South America · USA
Last updated 21 June 2026
Overview:
Newmont Corporation is a senior gold producer headquartered in Denver, Colorado, operating primarily in North America, South America, Australia, and Africa. The portfolio comprises 13 reportable segments, consisting of 12 mining operations that the company manages plus a 38.5% non-managed interest in the Nevada Gold Mines joint venture, complemented by development projects and advanced exploration properties. Key assets include Lihir, Cadia, Boddington, Tanami, Ahafo South, and the Nevada Gold Mines complex. The business model focuses on the exploration, development, and operation of gold properties, with significant co-product production of copper, silver, lead, and zinc. Processing capabilities span milling, heap leaching, roasting, autoclaving, and flotation to produce doré and concentrates across a geographically diverse operating base. A defining competitive characteristic is its standing as the world's leading gold company, with operations concentrated in favorable mining jurisdictions. In October 2025, the company declared commercial production at the Ahafo North project in Ghana, adding a new reportable segment. The group remains subject to mineral price cycles and macroeconomic factors that affect the marketability of its products.
Strategy:
Strategic focus centers on maintaining financial flexibility to execute capital priorities and generate long-term value for stockholders. The enterprise intends to pursue a disciplined capital-allocation strategy, funding near-term development projects such as Tanami Expansion 2 and the Cadia panel caves from existing liquidity and future operating cash flows. A core objective is the continual replacement of depleted reserves through brownfield exploration around existing mines and greenfield exploration globally. The organization has executed a portfolio-optimization program, streamlining operations by divesting non-core assets to concentrate on a smaller set of higher-quality, longer-life operations. Capital allocation is prioritized toward high-return growth opportunities and a resilient balance sheet, while returning capital to stockholders through a sustainable dividend framework and share-repurchase programs. Near-term growth is anchored by the Tanami Expansion 2 and Cadia panel cave projects, alongside the recently commissioned Ahafo North operation in Ghana, which together extend production and lower the cost profile. The approach balances investment in a managed development pipeline with selective participation in joint ventures that extend the company's exposure to tier-one orebodies, while divestiture proceeds are directed toward debt reduction and shareholder returns.
Management:
Executive leadership is headed by President and Chief Executive Officer Natascha Viljoen, who was appointed to the Board and to her role effective January 1, 2026, succeeding Tom Palmer upon his retirement. The senior team includes Peter Wexler as Executive Vice President, Chief Legal Officer, and Interim Chief Financial Officer, and Peter Toth as Executive Vice President and Chief Sustainability and Development Officer. The Board of Directors oversees corporate strategy through four core committees: Audit; Corporate Governance and Nominating; Leadership Development and Compensation; and Safety and Sustainability. Following the leadership transition, overall female representation on the Board increased to 42%, reflecting an emphasis on board diversity. The Audit Committee oversees financial-reporting integrity, the Leadership Development and Compensation Committee aligns executive pay with performance, the Corporate Governance and Nominating Committee maintains board composition and standards, and the Safety and Sustainability Committee oversees environmental and social performance. Governance practices emphasize strong corporate governance, management accountability, and active oversight to mitigate risk and create long-term value, with the Chief Executive Officer serving as the chief operating decision maker for segment reporting.
Sustainability:
The organization's sustainability framework is guided by global policies, standards, and strategies directing environmental stewardship, workforce safety, and social responsibility. A key environmental commitment is a set of science-based greenhouse-gas reduction targets of 32% for Scope 1 and Scope 2 and 30% for Scope 3 by 2030, with an ultimate ambition of carbon neutrality by 2050. The company issued a $1 billion sustainability-linked bond with its coupon tied to performance against 2030 climate targets and female-leadership representation, embedding ESG accountability into its capital structure. Social programs focus on inclusion, diversity, and equity, alongside a commitment to human rights aligned with the UN Guiding Principles. The enterprise publishes an annual sustainability report prepared in accordance with the Global Reporting Initiative Standards and the Sustainability Accounting Standards Board Metals & Mining Industry Standard. Workforce safety is treated as a foundational priority, with global standards directing fatality prevention and the management of tailings and water across the operating portfolio. These programs are overseen by the Board's Safety and Sustainability Committee, integrating sustainability performance into corporate strategy and linking a portion of the company's financing costs to its climate and leadership-diversity targets.
Structure:
A transformational structural change occurred in November 2023 when the company acquired all outstanding shares of Newcrest Mining Limited in an all-stock transaction valued at approximately $13.5 billion, adding assets including Lihir, Cadia, and Red Chris. Across 2024 and 2025, the entity executed a portfolio-optimization program, divesting the Telfer reportable segment in the fourth quarter of 2024, the CC&V, Musselwhite, and Éléonore segments in the first quarter of 2025, the Porcupine and Akyem segments in the second quarter of 2025, and the Coffee development project in the fourth quarter of 2025. A central joint venture is Nevada Gold Mines, in which the company holds a 38.5% economic interest alongside operator Barrick Mining Corporation. The corporate structure also includes a 40% equity interest in the Pueblo Viejo mine, a 50% interest in the NuevaUnión and Norte Abierto projects, and a 32% equity interest in Lundin Gold Inc., operator of the Fruta del Norte mine. The Pueblo Viejo interest is held alongside operator Barrick, which also operates the Nevada Gold Mines venture, concentrating the company's joint-venture exposure with a single major counterparty across two cornerstone districts. These transactions reflect a strategy of consolidating tier-one gold assets through the Newcrest combination while shedding non-core operations to sharpen portfolio quality and strengthen the balance sheet.
Hedge:
The company maintains an unhedged posture on its gold, copper, silver, lead, and zinc sales to provide stockholders with direct leverage to commodity prices. Foreign-exchange policy permits the use of fixed forward contracts to mitigate variability in U.S.-dollar-functional cash flows related to operating and capital expenditures denominated in other currencies. As of December 31, 2025, the company held Australian-dollar- and Canadian-dollar-denominated fixed forward contracts covering forecast expenditures through December 2026. The company also holds a 15-year power purchase agreement for the Cadia mine to mitigate variability in future cash flows related to power purchases. These instruments are used to manage input-cost and currency variability rather than to hedge commodity-price exposure.
Source:
Newmont Corporation - 10-K Filing - 2025
Portfolio Aggregate · 1 project
Portfolio mode — asset rows are for context only; tab totals use the company aggregation.
Newmont Consolidated Portfolio
Portfolio
United States
Gold
5/5
Silver
5/5
Mining
Type
Operating
Status
🇺🇸 United States
Country
Project information
As at 31 December 2025
Aggregation level:
Company portfolio
Aggregation level:
Company portfolio
Report standard:
Sec S K 1300
Report standard:
Sec S K 1300
Ownership %:
100
Ownership %:
100
Operator:
Yes
Operator:
Yes
Extraction:
Open Pit Underground
Extraction:
Open Pit Underground
Description
As at 31 December 2025
Newmont Corporation consolidated portfolio. Newmont (incorporated 1921) is primarily a gold producer with operations and/or assets in 12 countries. Acquired Newcrest Mining Limited in November 2023 (added Lihir, Cadia, Telfer, Brucejack, Red Chris, Wafi-Golpu, Havieron, Lundin Gold equity stake, etc.). Completed portfolio optimisation 2024-2025 — divested CC&V, Musselwhite, Éléonore, Porcupine, Akyem, Telfer and Coffee development project. Achieved commercial production at Ahafo North in October 2025. 13 reportable segments at Dec 31, 2025.
Portfolio Aggregate
As at 31 December 2025 · exclusive
| Commodity | Production | Reserves & Resources | Production value (est.) |
|---|---|---|---|
|
Gold
|
4 750 koz/yr
|
206.3 moz P&P + M&I; 60.6 moz Inferred
|
$19.7B (83%)
USD 4,155.4 / oz
|
|
Silver
|
28 moz/yr
|
326 moz P&P + M&I
|
$1.8B (8%)
USD 64.88 / oz
|
|
Copper
|
134.26 kt/yr
|
27 337.32 mlb P&P + M&I
|
$1.3B (6%)
≈ $10,000 / t
|
|
Molybdenum
|
-
|
440.92 mlb P&P + M&I
|
-
|
|
Zinc
|
230.88 kt/yr
|
1.5 mt P&P + M&I
|
$646.5M (3%)
≈ $2,800 / t
|
|
Lead
|
97.98 kt/yr
|
0.7 mt P&P + M&I
|
$205.7M (<1%)
≈ $2,100 / t
|
Commodity
Production
Reserves & Resources
Production value (est.)
Gold
4 750 koz/yr
206.3 moz P&P + M&I; 60.6 moz Inferred
$19.7B (83%)
USD 4,155.4 / oz
Commodity
Production
Reserves & Resources
Production value (est.)
Silver
28 moz/yr
326 moz P&P + M&I
$1.8B (8%)
USD 64.88 / oz
Commodity
Production
Reserves & Resources
Production value (est.)
Copper
134.26 kt/yr
27 337.32 mlb P&P + M&I
$1.3B (6%)
≈ $10,000 / t
Commodity
Production
Reserves & Resources
Production value (est.)
Molybdenum
-
440.92 mlb P&P + M&I
-
Commodity
Production
Reserves & Resources
Production value (est.)
Zinc
230.88 kt/yr
1.5 mt P&P + M&I
$646.5M (3%)
≈ $2,800 / t
Commodity
Production
Reserves & Resources
Production value (est.)
Lead
97.98 kt/yr
0.7 mt P&P + M&I
$205.7M (<1%)
≈ $2,100 / t
Portfolio Aggregate — Assumptions & Disclaimers
- When a Portfolio Aggregate row exists, individual asset rows are not summed into it — that would double-count.
- The aggregate typically comes from the annual reserves statement and may use a different effective date than individual asset rows.
- Production value (est.) is attributable annual production × the resolved commodity price (compact USD with an optional mix share in parentheses when multiple commodities contribute; short price label on the second line). Estimated lifetime is not shown on this table — use per-asset Oil & Gas sections for reserve life.
- Portfolio-level rollups are convenient for company-vs-company comparisons but can mask asset-level concentration risk: a single producing field or mine may account for the majority of the rollup figure.
Reserves & resources — detail
As at 31 December 2025
Reserves & resources — detail — Assumptions & Disclaimers
- Attributable. Per-category cells follow METALPILOT §6 (latest per project × commodity × category). Headline reserve base appears in Asset quality / mix.
- Inferred is shown for context and excluded from headline totals. Petroleum rows may be deduped on development_status.
Operating · 14 projects
Boddington
Asset
Australia, Western Australia
Gold
5/5
Copper
2/5
Mining
Type
Operating
Status
🇦🇺 Australia, Western Australia
Country
Project information
As at 31 December 2025
Aggregation level:
Asset
Aggregation level:
Asset
Report standard:
Sec S K 1300
Report standard:
Sec S K 1300
Ownership %:
100
Ownership %:
100
Operator:
Yes
Operator:
Yes
Extraction:
Open Pit
Extraction:
Open Pit
Description
As at 31 December 2025
100%-owned open-pit copper-gold mine in southwestern Western Australia. NSR cut-off ≥$18.24/t. Reserves at $2,000/oz Au, $3.75/lb Cu. 2025: 565 koz Au + 53 Mlb Cu; AISC $1,501/oz Au. Gold reserves decreased ~6% YoY due to depletion and negative technical revisions; copper reserves remained consistent.
Mining metrics
As at 31 December 2025 · exclusive
| Commodity | Production (rating) | Reserves & Resources (rating) | Grade (rating) | Costs | Estimated Lifetime |
|---|---|---|---|---|---|
|
Gold
|
565 koz/yr
5/5
|
14.5 moz P&P + M&I
5/5
|
0.58 gpt
1/5
|
AISC 1 501 USD/oz
|
reserves 18.1 yrs
resources 7.6 yrs
|
|
Copper
|
24.04 kt/yr
1/5
|
1 763.7 mlb P&P + M&I
2/5
|
0.09%
1/5
|
-
|
reserves 20.8 yrs
resources 12.5 yrs
|
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Gold
565 koz/yr
5/5
14.5 moz P&P + M&I
5/5
0.58 gpt
1/5
AISC 1 501 USD/oz
reserves 18.1 yrs
resources 7.6 yrs
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Copper
24.04 kt/yr
1/5
1 763.7 mlb P&P + M&I
2/5
0.09%
1/5
-
reserves 20.8 yrs
resources 12.5 yrs
Mining metrics — Assumptions & Disclaimers
- Reserves vs Resources are reported under solid-mineral codes (CIM / NI 43-101, JORC, SAMREC, PERC, SEC S-K 1300, CRIRSCO). The headline reserve base follows the METALPILOT inclusive-vs-exclusive rule: when a source declares resources 'inclusive of' reserves (JORC norm), reserves are not added on top; when 'exclusive' (NI 43-101 norm), the headline is the source-disclosed total.
- Inferred resources are shown for transparency but flagged separately and do not feed the USD value mix.
- Grade is converted to the canonical display unit per commodity (% for base metals, g/t for precious metals, lb/st for U₃O₈, etc.). Where the source reports a grade range, the rating engine uses the midpoint.
- Costs are taken from disclosed cost rows and labelled by cost kind (AISC for gold/silver, C1 for copper/nickel/zinc/lead, cash operating cost for U₃O₈, etc.).
- Estimated lifetime is reserve_base / annual production using attributable figures; both sides are converted to the project's working-interest view before the division when needed.
- A '(WI x.xx%)' tag is shown when the project's ownership_percentage is materially below 100%.
- '(rating)' refers to Metal Pilot's commodity-specific 1-to-5 scoring band. Full band definitions live on the Rating tab.
- Mining reserve and resource estimates are subject to geological, metallurgical, environmental, permitting, infrastructure and market-price risk. A Probable or Proven label does not guarantee that the ounces / tonnes will ever be mined. AISC and C1 are non-GAAP metrics computed under company-specific definitions and are not strictly comparable between companies.
Reserves & resources — detail
As at 31 December 2025
Reserves & resources — detail — Assumptions & Disclaimers
- Attributable. Per-category cells follow METALPILOT §6 (latest per project × commodity × category). Headline reserve base appears in Asset quality / mix.
- Inferred is shown for context and excluded from headline totals. Petroleum rows may be deduped on development_status.
Cadia
Asset · Operating
Australia, New South Wales
Gold
5/5
Copper
4/5
Mining
Type
Operating
Status
🇦🇺 Australia, New South Wales
Country
Project information
As at 31 December 2025
Aggregation level:
Asset
Aggregation level:
Asset
Report standard:
Sec S K 1300
Report standard:
Sec S K 1300
Ownership %:
100
Ownership %:
100
Operator:
Yes
Operator:
Yes
Extraction:
Underground
Extraction:
Underground
Description
As at 31 December 2025
100%-owned underground panel cave copper-gold mine ~25 km south-southwest of Orange, NSW, Australia. Acquired via Newcrest transaction (2023). Cadia Panel Caves project includes two panel caves (PC2-3 ongoing through late 2026; PC1-2 first drawbell fired Dec 2025) to recover ~5 Moz gold reserves and 1.1 Mt copper reserves. NSR cut-off ≥$24.62/t. Reserves at $2,000/oz Au, $3.75/lb Cu, $25/oz Ag, $13/lb Mo. 2025: 385 koz Au + 180 Mlb Cu + Ag credits.
Mining metrics
As at 31 December 2025 · exclusive
| Commodity | Production (rating) | Reserves & Resources (rating) | Grade (rating) | Costs | Estimated Lifetime |
|---|---|---|---|---|---|
|
Gold
|
385 koz/yr
4/5
|
23.2 moz P&P + M&I
5/5
|
0.42 gpt
1/5
|
AISC 1 176 USD/oz
|
reserves 25+ yrs
resources 24.4 yrs
|
|
Copper
|
81.65 kt/yr
2/5
|
12 125.42 mlb P&P + M&I
4/5
|
0.29%
1/5
|
-
|
reserves 25+ yrs
resources 25+ yrs
|
|
Molybdenum
|
-
|
220.46 mlb P&P + M&I
3/5
|
0.01%
1/5
|
-
|
-
|
|
Silver
|
-
|
42 moz P&P + M&I
2/5
|
0.67 gpt
1/5
|
-
|
-
|
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Gold
385 koz/yr
4/5
23.2 moz P&P + M&I
5/5
0.42 gpt
1/5
AISC 1 176 USD/oz
reserves 25+ yrs
resources 24.4 yrs
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Copper
81.65 kt/yr
2/5
12 125.42 mlb P&P + M&I
4/5
0.29%
1/5
-
reserves 25+ yrs
resources 25+ yrs
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Molybdenum
-
220.46 mlb P&P + M&I
3/5
0.01%
1/5
-
-
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Silver
-
42 moz P&P + M&I
2/5
0.67 gpt
1/5
-
-
Mining metrics — Assumptions & Disclaimers
- Reserves vs Resources are reported under solid-mineral codes (CIM / NI 43-101, JORC, SAMREC, PERC, SEC S-K 1300, CRIRSCO). The headline reserve base follows the METALPILOT inclusive-vs-exclusive rule: when a source declares resources 'inclusive of' reserves (JORC norm), reserves are not added on top; when 'exclusive' (NI 43-101 norm), the headline is the source-disclosed total.
- Inferred resources are shown for transparency but flagged separately and do not feed the USD value mix.
- Grade is converted to the canonical display unit per commodity (% for base metals, g/t for precious metals, lb/st for U₃O₈, etc.). Where the source reports a grade range, the rating engine uses the midpoint.
- Costs are taken from disclosed cost rows and labelled by cost kind (AISC for gold/silver, C1 for copper/nickel/zinc/lead, cash operating cost for U₃O₈, etc.).
- Estimated lifetime is reserve_base / annual production using attributable figures; both sides are converted to the project's working-interest view before the division when needed.
- A '(WI x.xx%)' tag is shown when the project's ownership_percentage is materially below 100%.
- '(rating)' refers to Metal Pilot's commodity-specific 1-to-5 scoring band. Full band definitions live on the Rating tab.
- Mining reserve and resource estimates are subject to geological, metallurgical, environmental, permitting, infrastructure and market-price risk. A Probable or Proven label does not guarantee that the ounces / tonnes will ever be mined. AISC and C1 are non-GAAP metrics computed under company-specific definitions and are not strictly comparable between companies.
Reserves & resources — detail
As at 31 December 2025
Reserves & resources — detail — Assumptions & Disclaimers
- Attributable. Per-category cells follow METALPILOT §6 (latest per project × commodity × category). Headline reserve base appears in Asset quality / mix.
- Inferred is shown for context and excluded from headline totals. Petroleum rows may be deduped on development_status.
Lihir
Asset
Papua New Guinea, New Ireland Province
Gold
5/5
Mining
Type
Operating
Status
🇵🇬 Papua New Guinea, New Ireland Province
Country
Project information
As at 31 December 2025
Aggregation level:
Asset
Aggregation level:
Asset
Report standard:
Sec S K 1300
Report standard:
Sec S K 1300
Ownership %:
100
Ownership %:
100
Operator:
Yes
Operator:
Yes
Extraction:
Open Pit
Extraction:
Open Pit
Description
As at 31 December 2025
100%-owned open-pit gold mine on Aniolam Island (Lihir Group), Papua New Guinea, ~900 km northeast of Port Moresby. Acquired via Newcrest transaction (2023). Reserves at $2,000/oz Au and Newmont's 2025 operator-set assumptions. Includes Lihir Open Pits and Lihir Stockpiles. 2025 production 585 koz Au (vs 2024 614 koz), AISC $1,642/oz. PNG bullion policy and Lihir mining development contract may require local PNG refining of a portion of production.
Mining metrics
Multiple effective dates · exclusive
| Commodity | Production (rating) | Reserves & Resources (rating) | Grade (rating) | Costs | Estimated Lifetime |
|---|---|---|---|---|---|
|
Gold
|
585 koz/yr
5/5
|
18.4 moz P&P + M&I
5/5
|
2.26 gpt
3/5
|
AISC 1 642 USD/oz
Cash cost 1 297 USD/oz
|
reserves 20.7 yrs
resources 4.1 yrs
|
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Gold
585 koz/yr
5/5
18.4 moz P&P + M&I
5/5
2.26 gpt
3/5
AISC 1 642 USD/oz
Cash cost 1 297 USD/oz
reserves 20.7 yrs
resources 4.1 yrs
Mining metrics — Assumptions & Disclaimers
- Reserves vs Resources are reported under solid-mineral codes (CIM / NI 43-101, JORC, SAMREC, PERC, SEC S-K 1300, CRIRSCO). The headline reserve base follows the METALPILOT inclusive-vs-exclusive rule: when a source declares resources 'inclusive of' reserves (JORC norm), reserves are not added on top; when 'exclusive' (NI 43-101 norm), the headline is the source-disclosed total.
- Inferred resources are shown for transparency but flagged separately and do not feed the USD value mix.
- Grade is converted to the canonical display unit per commodity (% for base metals, g/t for precious metals, lb/st for U₃O₈, etc.). Where the source reports a grade range, the rating engine uses the midpoint.
- Costs are taken from disclosed cost rows and labelled by cost kind (AISC for gold/silver, C1 for copper/nickel/zinc/lead, cash operating cost for U₃O₈, etc.).
- Estimated lifetime is reserve_base / annual production using attributable figures; both sides are converted to the project's working-interest view before the division when needed.
- A '(WI x.xx%)' tag is shown when the project's ownership_percentage is materially below 100%.
- '(rating)' refers to Metal Pilot's commodity-specific 1-to-5 scoring band. Full band definitions live on the Rating tab.
- Mining reserve and resource estimates are subject to geological, metallurgical, environmental, permitting, infrastructure and market-price risk. A Probable or Proven label does not guarantee that the ounces / tonnes will ever be mined. AISC and C1 are non-GAAP metrics computed under company-specific definitions and are not strictly comparable between companies.
Reserves & resources — detail
As at 31 December 2025
Reserves & resources — detail — Assumptions & Disclaimers
- Attributable. Per-category cells follow METALPILOT §6 (latest per project × commodity × category). Headline reserve base appears in Asset quality / mix.
- Inferred is shown for context and excluded from headline totals. Petroleum rows may be deduped on development_status.
Peñasquito
Asset
Mexico, Zacatecas
Silver
5/5
Gold
3/5
Mining
Type
Operating
Status
🇲🇽 Mexico, Zacatecas
Country
Project information
As at 31 December 2025
Aggregation level:
Asset
Aggregation level:
Asset
Report standard:
Sec S K 1300
Report standard:
Sec S K 1300
Ownership %:
100
Ownership %:
100
Operator:
Yes
Operator:
Yes
Extraction:
Open Pit
Extraction:
Open Pit
Description
As at 31 December 2025
100%-owned open-pit polymetallic Au-Ag-Pb-Zn mine in Zacatecas, Mexico. Reserves at $2,000/oz Au, $25/oz Ag, $0.90/lb Pb, $1.20/lb Zn. 2025: 415 koz Au + 28 Moz Ag + 216 Mlb Pb + 509 Mlb Zn produced; AISC $1,321/oz Au. Gross PP&E $5,957M at Dec 31, 2025. Brownfield exploration ongoing. Considered subject to Mexico social, political, regulatory and economic risks.
Mining metrics
As at 31 December 2025 · exclusive
| Commodity | Production (rating) | Reserves & Resources (rating) | Grade (rating) | Costs | Estimated Lifetime |
|---|---|---|---|---|---|
|
Silver
|
28 moz/yr
5/5
|
369.9 moz P&P + M&I
5/5
|
32.37 gpt
1/5
|
-
|
reserves 8.2 yrs
resources 5 yrs
|
|
Gold
|
415 koz/yr
4/5
|
4.8 moz P&P + M&I
3/5
|
0.45 gpt
1/5
|
AISC 1 321 USD/oz
|
reserves 7.7 yrs
resources 3.9 yrs
|
|
Zinc
|
230.88 kt/yr
3/5
|
1.5 mt P&P + M&I
2/5
|
0.67%
1/5
|
-
|
reserves 6.5 yrs
|
|
Lead
|
97.98 kt/yr
3/5
|
1.1 mt P&P + M&I
2/5
|
0.3%
1/5
|
-
|
reserves 7.1 yrs
resources 4.1 yrs
|
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Silver
28 moz/yr
5/5
369.9 moz P&P + M&I
5/5
32.37 gpt
1/5
-
reserves 8.2 yrs
resources 5 yrs
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Gold
415 koz/yr
4/5
4.8 moz P&P + M&I
3/5
0.45 gpt
1/5
AISC 1 321 USD/oz
reserves 7.7 yrs
resources 3.9 yrs
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Zinc
230.88 kt/yr
3/5
1.5 mt P&P + M&I
2/5
0.67%
1/5
-
reserves 6.5 yrs
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Lead
97.98 kt/yr
3/5
1.1 mt P&P + M&I
2/5
0.3%
1/5
-
reserves 7.1 yrs
resources 4.1 yrs
Mining metrics — Assumptions & Disclaimers
- Reserves vs Resources are reported under solid-mineral codes (CIM / NI 43-101, JORC, SAMREC, PERC, SEC S-K 1300, CRIRSCO). The headline reserve base follows the METALPILOT inclusive-vs-exclusive rule: when a source declares resources 'inclusive of' reserves (JORC norm), reserves are not added on top; when 'exclusive' (NI 43-101 norm), the headline is the source-disclosed total.
- Inferred resources are shown for transparency but flagged separately and do not feed the USD value mix.
- Grade is converted to the canonical display unit per commodity (% for base metals, g/t for precious metals, lb/st for U₃O₈, etc.). Where the source reports a grade range, the rating engine uses the midpoint.
- Costs are taken from disclosed cost rows and labelled by cost kind (AISC for gold/silver, C1 for copper/nickel/zinc/lead, cash operating cost for U₃O₈, etc.).
- Estimated lifetime is reserve_base / annual production using attributable figures; both sides are converted to the project's working-interest view before the division when needed.
- A '(WI x.xx%)' tag is shown when the project's ownership_percentage is materially below 100%.
- '(rating)' refers to Metal Pilot's commodity-specific 1-to-5 scoring band. Full band definitions live on the Rating tab.
- Mining reserve and resource estimates are subject to geological, metallurgical, environmental, permitting, infrastructure and market-price risk. A Probable or Proven label does not guarantee that the ounces / tonnes will ever be mined. AISC and C1 are non-GAAP metrics computed under company-specific definitions and are not strictly comparable between companies.
Reserves & resources — detail
As at 31 December 2025
Reserves & resources — detail — Assumptions & Disclaimers
- Attributable. Per-category cells follow METALPILOT §6 (latest per project × commodity × category). Headline reserve base appears in Asset quality / mix.
- Inferred is shown for context and excluded from headline totals. Petroleum rows may be deduped on development_status.
Royalties & streams
All royalty and stream interests in the database that refer to this asset by name.
| Company | Royalty | ||
|---|---|---|---|
| Location | Conditions | ||
|
Peñasquito
|
🇲🇽 Mexico, Zacatecas
|
2.0% NSR royalty on all metals produced from areas subject to our royalty interest at the Peñasquito mine. Acquired in January 2007 from Minera Kennecott S.A. de C.V.
|
Peñasquito
Location
Conditions
🇲🇽 Mexico, Zacatecas
2.0% NSR royalty on all metals produced from areas subject to our royalty interest at the Peñasquito mine. Acquired in January 2007 from Minera Kennecott S.A. de C.V.
| Company | Stream | ||
|---|---|---|---|
| Location | Conditions | ||
|
Peñasquito
|
🇲🇽 Mexico
|
25% of payable silver; Per ounce cash payment of $4.62.
|
Location
Conditions
🇲🇽 Mexico
25% of payable silver; Per ounce cash payment of $4.62.
Royalties & streams — Assumptions
- Royalties and streams whose project name refers to this asset (matched on normalized asset name across all issuers in the database; accents and diacritics folded) and that share at least one commodity when the interest publishes commodity data. Names such as "Canadian Malartic NSR" are grouped with the Canadian Malartic project.
Pueblo Viejo
Asset · Ownership 40%
Dominican Republic, Sánchez Ramírez
Gold
5/5
Silver
2/5
Mining
Type
Operating
Status
🇩🇴 Dominican Republic, Sánchez Ramírez
Country
Project information
As at 31 December 2025
Aggregation level:
Asset
Aggregation level:
Asset
Report standard:
Sec S K 1300
Report standard:
Sec S K 1300
Ownership %:
40
Ownership %:
40
Operator:
No
Operator:
No
Operator name:
Barrick Mining Corporation
Operator name:
Barrick Mining Corporation
Extraction:
Open Pit
Extraction:
Open Pit
Description
As at 31 December 2025
Newmont 40%-owned open-pit gold-silver mine in Sánchez Ramírez, Dominican Republic, operated by Barrick (60%). Accounted for as equity-method investment. Reserves at $1,500/oz Au and $21/oz Ag (Barrick-set pricing). 2025: 253 koz Au attributable. Newmont is subject to funding requirements per Pueblo Viejo loan agreements.
Mining metrics
Multiple effective dates · exclusive
| Commodity | Production (rating) | Reserves & Resources (rating) | Grade (rating) | Costs | Estimated Lifetime |
|---|---|---|---|---|---|
|
Gold
|
101.2 koz/yr
4/5
|
10 moz P&P + M&I
5/5
|
2.06 gpt
3/5
|
-
|
reserves 25+ yrs
resources 7.1 yrs
|
|
Silver
|
-
|
43.5 moz P&P + M&I
2/5
|
12.3 gpt
1/5
|
-
|
-
|
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Gold
101.2 koz/yr
4/5
10 moz P&P + M&I
5/5
2.06 gpt
3/5
-
reserves 25+ yrs
resources 7.1 yrs
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Silver
-
43.5 moz P&P + M&I
2/5
12.3 gpt
1/5
-
-
Mining metrics — Assumptions & Disclaimers
- Reserves vs Resources are reported under solid-mineral codes (CIM / NI 43-101, JORC, SAMREC, PERC, SEC S-K 1300, CRIRSCO). The headline reserve base follows the METALPILOT inclusive-vs-exclusive rule: when a source declares resources 'inclusive of' reserves (JORC norm), reserves are not added on top; when 'exclusive' (NI 43-101 norm), the headline is the source-disclosed total.
- Inferred resources are shown for transparency but flagged separately and do not feed the USD value mix.
- Grade is converted to the canonical display unit per commodity (% for base metals, g/t for precious metals, lb/st for U₃O₈, etc.). Where the source reports a grade range, the rating engine uses the midpoint.
- Costs are taken from disclosed cost rows and labelled by cost kind (AISC for gold/silver, C1 for copper/nickel/zinc/lead, cash operating cost for U₃O₈, etc.).
- Estimated lifetime is reserve_base / annual production using attributable figures; both sides are converted to the project's working-interest view before the division when needed.
- A '(WI x.xx%)' tag is shown when the project's ownership_percentage is materially below 100%.
- '(rating)' refers to Metal Pilot's commodity-specific 1-to-5 scoring band. Full band definitions live on the Rating tab.
- Mining reserve and resource estimates are subject to geological, metallurgical, environmental, permitting, infrastructure and market-price risk. A Probable or Proven label does not guarantee that the ounces / tonnes will ever be mined. AISC and C1 are non-GAAP metrics computed under company-specific definitions and are not strictly comparable between companies.
Reserves & resources — detail
As at 31 December 2025
Reserves & resources — detail — Assumptions & Disclaimers
- Attributable. Per-category cells follow METALPILOT §6 (latest per project × commodity × category). Headline reserve base appears in Asset quality / mix.
- Inferred is shown for context and excluded from headline totals. Petroleum rows may be deduped on development_status.
Royalties & streams
All royalty and stream interests in the database that refer to this asset by name.
| Company | Stream | ||
|---|---|---|---|
| Location | Conditions | ||
|
Pueblo Viejo
|
🇩🇴 Dominican Republic, Sánchez Ramírez
|
7.5% of Barrick's 60% interest in payable gold until 990,000 ounces delivered, 3.75% thereafter. 75% of Barrick's interest in payable silver until 50 million ounces delivered, 37.5% thereafter. Cash purchase price is 30% of spot until thresholds met, 60% thereafter. Silver deliveries subject to deferral mechanism if recovery falls below 52.5%.
|
Pueblo Viejo
Location
Conditions
🇩🇴 Dominican Republic, Sánchez Ramírez
7.5% of Barrick's 60% interest in payable gold until 990,000 ounces delivered, 3.75% thereafter. 75% of Barrick's interest in payable silver until 50 million ounces delivered, 37.5% thereafter. Cash purchase price is 30% of spot until thresholds met, 60% thereafter. Silver deliveries subject to deferral mechanism if recovery falls below 52.5%.
Royalties & streams — Assumptions
- Royalties and streams whose project name refers to this asset (matched on normalized asset name across all issuers in the database; accents and diacritics folded) and that share at least one commodity when the interest publishes commodity data. Names such as "Canadian Malartic NSR" are grouped with the Canadian Malartic project.
Ahafo North
Asset
Ghana, Brong-Ahafo
Gold
4/5
Mining
Type
Operating
Status
🇬🇭 Ghana, Brong-Ahafo
Country
Project information
As at 31 December 2025
Aggregation level:
Asset
Aggregation level:
Asset
Report standard:
Sec S K 1300
Report standard:
Sec S K 1300
Ownership %:
100
Ownership %:
100
Operator:
Yes
Operator:
Yes
Extraction:
Open Pit
Extraction:
Open Pit
Description
As at 31 December 2025
100%-owned open-pit gold mine in Ghana, ~30 km from Ahafo South. Commercial production declared in October 2025; classified as reportable segment thereafter. Cut-off ≥0.60 g/t Au. 2025: 70 koz Au (partial year, includes 21 development ounces). AISC $701/oz. Brownfield exploration ongoing, including development of the Eastern district.
Mining metrics
As at 31 December 2025 · exclusive
| Commodity | Production (rating) | Reserves & Resources (rating) | Grade (rating) | Costs | Estimated Lifetime |
|---|---|---|---|---|---|
|
Gold
|
70 koz/yr
2/5
|
7 moz P&P + M&I
4/5
|
2.23 gpt
3/5
|
AISC 701 USD/oz
|
reserves 25+ yrs
resources 25+ yrs
|
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Gold
70 koz/yr
2/5
7 moz P&P + M&I
4/5
2.23 gpt
3/5
AISC 701 USD/oz
reserves 25+ yrs
resources 25+ yrs
Mining metrics — Assumptions & Disclaimers
- Reserves vs Resources are reported under solid-mineral codes (CIM / NI 43-101, JORC, SAMREC, PERC, SEC S-K 1300, CRIRSCO). The headline reserve base follows the METALPILOT inclusive-vs-exclusive rule: when a source declares resources 'inclusive of' reserves (JORC norm), reserves are not added on top; when 'exclusive' (NI 43-101 norm), the headline is the source-disclosed total.
- Inferred resources are shown for transparency but flagged separately and do not feed the USD value mix.
- Grade is converted to the canonical display unit per commodity (% for base metals, g/t for precious metals, lb/st for U₃O₈, etc.). Where the source reports a grade range, the rating engine uses the midpoint.
- Costs are taken from disclosed cost rows and labelled by cost kind (AISC for gold/silver, C1 for copper/nickel/zinc/lead, cash operating cost for U₃O₈, etc.).
- Estimated lifetime is reserve_base / annual production using attributable figures; both sides are converted to the project's working-interest view before the division when needed.
- A '(WI x.xx%)' tag is shown when the project's ownership_percentage is materially below 100%.
- '(rating)' refers to Metal Pilot's commodity-specific 1-to-5 scoring band. Full band definitions live on the Rating tab.
- Mining reserve and resource estimates are subject to geological, metallurgical, environmental, permitting, infrastructure and market-price risk. A Probable or Proven label does not guarantee that the ounces / tonnes will ever be mined. AISC and C1 are non-GAAP metrics computed under company-specific definitions and are not strictly comparable between companies.
Reserves & resources — detail
As at 31 December 2025
Reserves & resources — detail — Assumptions & Disclaimers
- Attributable. Per-category cells follow METALPILOT §6 (latest per project × commodity × category). Headline reserve base appears in Asset quality / mix.
- Inferred is shown for context and excluded from headline totals. Petroleum rows may be deduped on development_status.
Tanami
Asset · Operating
Australia, Northern Territory
Gold
4/5
Mining
Type
Operating
Status
🇦🇺 Australia, Northern Territory
Country
Project information
As at 31 December 2025
Aggregation level:
Asset
Aggregation level:
Asset
Report standard:
Sec S K 1300
Report standard:
Sec S K 1300
Ownership %:
100
Ownership %:
100
Operator:
Yes
Operator:
Yes
Extraction:
Underground
Extraction:
Underground
Description
As at 31 December 2025
100%-owned underground gold mine in Northern Territory, Australia. Tanami Expansion 2 (TE2) project under construction: 1,460-m hoisting shaft + supporting infrastructure to extend mine life beyond 2040 and lift annual production through first five years (2028-2032). Commercial production from TE2 expected H2 2027. 2025 production 391 koz Au (vs 2024 408 koz). Gross property, plant & mine development at Dec 31, 2025: $3,965M.
Mining metrics
Multiple effective dates · exclusive
| Commodity | Production (rating) | Reserves & Resources (rating) | Grade (rating) | Costs | Estimated Lifetime |
|---|---|---|---|---|---|
|
Gold
|
391 koz/yr
4/5
|
8.2 moz P&P + M&I
4/5
|
5.03 gpt
4/5
|
AISC 1 445 USD/oz
|
reserves 13.6 yrs
resources 4.6 yrs
|
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Gold
391 koz/yr
4/5
8.2 moz P&P + M&I
4/5
5.03 gpt
4/5
AISC 1 445 USD/oz
reserves 13.6 yrs
resources 4.6 yrs
Mining metrics — Assumptions & Disclaimers
- Reserves vs Resources are reported under solid-mineral codes (CIM / NI 43-101, JORC, SAMREC, PERC, SEC S-K 1300, CRIRSCO). The headline reserve base follows the METALPILOT inclusive-vs-exclusive rule: when a source declares resources 'inclusive of' reserves (JORC norm), reserves are not added on top; when 'exclusive' (NI 43-101 norm), the headline is the source-disclosed total.
- Inferred resources are shown for transparency but flagged separately and do not feed the USD value mix.
- Grade is converted to the canonical display unit per commodity (% for base metals, g/t for precious metals, lb/st for U₃O₈, etc.). Where the source reports a grade range, the rating engine uses the midpoint.
- Costs are taken from disclosed cost rows and labelled by cost kind (AISC for gold/silver, C1 for copper/nickel/zinc/lead, cash operating cost for U₃O₈, etc.).
- Estimated lifetime is reserve_base / annual production using attributable figures; both sides are converted to the project's working-interest view before the division when needed.
- A '(WI x.xx%)' tag is shown when the project's ownership_percentage is materially below 100%.
- '(rating)' refers to Metal Pilot's commodity-specific 1-to-5 scoring band. Full band definitions live on the Rating tab.
- Mining reserve and resource estimates are subject to geological, metallurgical, environmental, permitting, infrastructure and market-price risk. A Probable or Proven label does not guarantee that the ounces / tonnes will ever be mined. AISC and C1 are non-GAAP metrics computed under company-specific definitions and are not strictly comparable between companies.
Reserves & resources — detail
As at 31 December 2025
Reserves & resources — detail — Assumptions & Disclaimers
- Attributable. Per-category cells follow METALPILOT §6 (latest per project × commodity × category). Headline reserve base appears in Asset quality / mix.
- Inferred is shown for context and excluded from headline totals. Petroleum rows may be deduped on development_status.
Merian
Asset · Ownership 75%
Suriname, Sipaliwini
Gold
4/5
Mining
Type
Operating
Status
🇸🇷 Suriname, Sipaliwini
Country
Project information
As at 31 December 2025
Aggregation level:
Asset
Aggregation level:
Asset
Report standard:
Sec S K 1300
Report standard:
Sec S K 1300
Ownership %:
75
Ownership %:
75
Operator:
Yes
Operator:
Yes
Extraction:
Open Pit
Extraction:
Open Pit
Description
As at 31 December 2025
75%-owned open-pit gold mine in southeastern Suriname (Staatsolie 25%). Gravity + cyanide leach + CIL processing, elution, electrowinning, induction furnace smelting to gold doré. Reserves at $2,000/oz Au. 2025: 237 koz Au attributable; AISC $1,899/oz. Brownfield exploration ongoing. Gross PP&E at Dec 31, 2025: $1,384M.
Mining metrics
As at 31 December 2025 · exclusive
| Commodity | Production (rating) | Reserves & Resources (rating) | Grade (rating) | Costs | Estimated Lifetime |
|---|---|---|---|---|---|
|
Gold
|
177.75 koz/yr
3/5
|
6.3 moz P&P + M&I
4/5
|
1.09 gpt
2/5
|
AISC 1 899 USD/oz
|
reserves 19 yrs
resources 7.6 yrs
|
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Gold
177.75 koz/yr
3/5
6.3 moz P&P + M&I
4/5
1.09 gpt
2/5
AISC 1 899 USD/oz
reserves 19 yrs
resources 7.6 yrs
Mining metrics — Assumptions & Disclaimers
- Reserves vs Resources are reported under solid-mineral codes (CIM / NI 43-101, JORC, SAMREC, PERC, SEC S-K 1300, CRIRSCO). The headline reserve base follows the METALPILOT inclusive-vs-exclusive rule: when a source declares resources 'inclusive of' reserves (JORC norm), reserves are not added on top; when 'exclusive' (NI 43-101 norm), the headline is the source-disclosed total.
- Inferred resources are shown for transparency but flagged separately and do not feed the USD value mix.
- Grade is converted to the canonical display unit per commodity (% for base metals, g/t for precious metals, lb/st for U₃O₈, etc.). Where the source reports a grade range, the rating engine uses the midpoint.
- Costs are taken from disclosed cost rows and labelled by cost kind (AISC for gold/silver, C1 for copper/nickel/zinc/lead, cash operating cost for U₃O₈, etc.).
- Estimated lifetime is reserve_base / annual production using attributable figures; both sides are converted to the project's working-interest view before the division when needed.
- A '(WI x.xx%)' tag is shown when the project's ownership_percentage is materially below 100%.
- '(rating)' refers to Metal Pilot's commodity-specific 1-to-5 scoring band. Full band definitions live on the Rating tab.
- Mining reserve and resource estimates are subject to geological, metallurgical, environmental, permitting, infrastructure and market-price risk. A Probable or Proven label does not guarantee that the ounces / tonnes will ever be mined. AISC and C1 are non-GAAP metrics computed under company-specific definitions and are not strictly comparable between companies.
Reserves & resources — detail
As at 31 December 2025
Reserves & resources — detail — Assumptions & Disclaimers
- Attributable. Per-category cells follow METALPILOT §6 (latest per project × commodity × category). Headline reserve base appears in Asset quality / mix.
- Inferred is shown for context and excluded from headline totals. Petroleum rows may be deduped on development_status.
Red Chris
Asset · Operating · Ownership 70%
Canada, British Columbia
Gold
4/5
Copper
3/5
Mining
Type
Operating
Status
🇨🇦 Canada, British Columbia
Country
Project information
As at 31 December 2025
Aggregation level:
Asset
Aggregation level:
Asset
Report standard:
Sec S K 1300
Report standard:
Sec S K 1300
Ownership %:
70
Ownership %:
70
Operator:
Yes
Operator:
Yes
Extraction:
Open Pit Underground
Extraction:
Open Pit Underground
Description
As at 31 December 2025
70%-owned open-pit copper-gold mine in northwestern British Columbia, Canada (Imperial Metals 30%). Acquired via Newcrest transaction (2023). Red Chris Block Cave development project underway (UG reserves at $1,300/oz Au, $3.00/lb Cu — lower-confidence pricing than operator-set). 2025: 62 koz Au + 63 Mlb Cu; AISC $1,797/oz.
Mining metrics
As at 31 December 2025 · exclusive
| Commodity | Production (rating) | Reserves & Resources (rating) | Grade (rating) | Costs | Estimated Lifetime |
|---|---|---|---|---|---|
|
Gold
|
43.4 koz/yr
2/5
|
7.3 moz P&P + M&I
4/5
|
0.34 gpt
1/5
|
AISC 1 797 USD/oz
|
reserves 25+ yrs
resources 25+ yrs
|
|
Copper
|
20 kt/yr
1/5
|
4 409.25 mlb P&P + M&I
3/5
|
0.34%
1/5
|
-
|
reserves 25+ yrs
resources 25+ yrs
|
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Gold
43.4 koz/yr
2/5
7.3 moz P&P + M&I
4/5
0.34 gpt
1/5
AISC 1 797 USD/oz
reserves 25+ yrs
resources 25+ yrs
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Copper
20 kt/yr
1/5
4 409.25 mlb P&P + M&I
3/5
0.34%
1/5
-
reserves 25+ yrs
resources 25+ yrs
Mining metrics — Assumptions & Disclaimers
- Reserves vs Resources are reported under solid-mineral codes (CIM / NI 43-101, JORC, SAMREC, PERC, SEC S-K 1300, CRIRSCO). The headline reserve base follows the METALPILOT inclusive-vs-exclusive rule: when a source declares resources 'inclusive of' reserves (JORC norm), reserves are not added on top; when 'exclusive' (NI 43-101 norm), the headline is the source-disclosed total.
- Inferred resources are shown for transparency but flagged separately and do not feed the USD value mix.
- Grade is converted to the canonical display unit per commodity (% for base metals, g/t for precious metals, lb/st for U₃O₈, etc.). Where the source reports a grade range, the rating engine uses the midpoint.
- Costs are taken from disclosed cost rows and labelled by cost kind (AISC for gold/silver, C1 for copper/nickel/zinc/lead, cash operating cost for U₃O₈, etc.).
- Estimated lifetime is reserve_base / annual production using attributable figures; both sides are converted to the project's working-interest view before the division when needed.
- A '(WI x.xx%)' tag is shown when the project's ownership_percentage is materially below 100%.
- '(rating)' refers to Metal Pilot's commodity-specific 1-to-5 scoring band. Full band definitions live on the Rating tab.
- Mining reserve and resource estimates are subject to geological, metallurgical, environmental, permitting, infrastructure and market-price risk. A Probable or Proven label does not guarantee that the ounces / tonnes will ever be mined. AISC and C1 are non-GAAP metrics computed under company-specific definitions and are not strictly comparable between companies.
Reserves & resources — detail
As at 31 December 2025
Reserves & resources — detail — Assumptions & Disclaimers
- Attributable. Per-category cells follow METALPILOT §6 (latest per project × commodity × category). Headline reserve base appears in Asset quality / mix.
- Inferred is shown for context and excluded from headline totals. Petroleum rows may be deduped on development_status.
Royalties & streams
All royalty and stream interests in the database that refer to this asset by name.
| Company | Royalty | ||
|---|---|---|---|
| Location | Conditions | ||
|
Red Chris
|
🇨🇦 Canada, British Columbia
|
1.0% NSR royalty on all metals produced from an area covering approximately 51 square kilometers, which includes the currently known mineralization and prospective exploration areas of Red Chris. Royalty payments are made annually within 90 days of the end of the calendar year.
|
Red Chris
Location
Conditions
🇨🇦 Canada, British Columbia
1.0% NSR royalty on all metals produced from an area covering approximately 51 square kilometers, which includes the currently known mineralization and prospective exploration areas of Red Chris. Royalty payments are made annually within 90 days of the end of the calendar year.
Royalties & streams — Assumptions
- Royalties and streams whose project name refers to this asset (matched on normalized asset name across all issuers in the database; accents and diacritics folded) and that share at least one commodity when the interest publishes commodity data. Names such as "Canadian Malartic NSR" are grouped with the Canadian Malartic project.
Brucejack
Asset
Canada, British Columbia, Golden Triangle (British Columbia)
Gold
3/5
Silver
1/5
Mining
Type
Operating
Status
🇨🇦 Canada, British Columbia (Golden Triangle (British Columbia))
Country
Project information
As at 31 December 2025
Aggregation level:
Asset
Aggregation level:
Asset
Report standard:
Sec S K 1300
Report standard:
Sec S K 1300
Ownership %:
100
Ownership %:
100
Operator:
Yes
Operator:
Yes
Extraction:
Underground
Extraction:
Underground
Description
As at 31 December 2025
100%-owned high-grade underground gold-silver mine in BC's Golden Triangle, Canada. Acquired via Newcrest transaction (2023). Long-hole stoping with cement paste backfill. Mining fleet includes LHDs, trucks, bolters, jumbo drills, shotcrete sprayers, long-hole drills, cable bolters. 2025: 231 koz Au; AISC $2,262/oz. Gross PP&E $2,202M at Dec 31, 2025.
Mining metrics
As at 31 December 2025 · exclusive
| Commodity | Production (rating) | Reserves & Resources (rating) | Grade (rating) | Costs | Estimated Lifetime |
|---|---|---|---|---|---|
|
Gold
|
231 koz/yr
3/5
|
3.5 moz P&P + M&I
3/5
|
6.65 gpt
4/5
|
AISC 2 262 USD/oz
|
reserves 12.6 yrs
resources 2.6 yrs
|
|
Silver
|
-
|
15 moz P&P + M&I
1/5
|
29.39 gpt
1/5
|
-
|
-
|
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Gold
231 koz/yr
3/5
3.5 moz P&P + M&I
3/5
6.65 gpt
4/5
AISC 2 262 USD/oz
reserves 12.6 yrs
resources 2.6 yrs
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Silver
-
15 moz P&P + M&I
1/5
29.39 gpt
1/5
-
-
Mining metrics — Assumptions & Disclaimers
- Reserves vs Resources are reported under solid-mineral codes (CIM / NI 43-101, JORC, SAMREC, PERC, SEC S-K 1300, CRIRSCO). The headline reserve base follows the METALPILOT inclusive-vs-exclusive rule: when a source declares resources 'inclusive of' reserves (JORC norm), reserves are not added on top; when 'exclusive' (NI 43-101 norm), the headline is the source-disclosed total.
- Inferred resources are shown for transparency but flagged separately and do not feed the USD value mix.
- Grade is converted to the canonical display unit per commodity (% for base metals, g/t for precious metals, lb/st for U₃O₈, etc.). Where the source reports a grade range, the rating engine uses the midpoint.
- Costs are taken from disclosed cost rows and labelled by cost kind (AISC for gold/silver, C1 for copper/nickel/zinc/lead, cash operating cost for U₃O₈, etc.).
- Estimated lifetime is reserve_base / annual production using attributable figures; both sides are converted to the project's working-interest view before the division when needed.
- A '(WI x.xx%)' tag is shown when the project's ownership_percentage is materially below 100%.
- '(rating)' refers to Metal Pilot's commodity-specific 1-to-5 scoring band. Full band definitions live on the Rating tab.
- Mining reserve and resource estimates are subject to geological, metallurgical, environmental, permitting, infrastructure and market-price risk. A Probable or Proven label does not guarantee that the ounces / tonnes will ever be mined. AISC and C1 are non-GAAP metrics computed under company-specific definitions and are not strictly comparable between companies.
Reserves & resources — detail
As at 31 December 2025
Reserves & resources — detail — Assumptions & Disclaimers
- Attributable. Per-category cells follow METALPILOT §6 (latest per project × commodity × category). Headline reserve base appears in Asset quality / mix.
- Inferred is shown for context and excluded from headline totals. Petroleum rows may be deduped on development_status.
Royalties & streams
All royalty and stream interests in the database that refer to this asset by name.
| Company | Royalty | ||
|---|---|---|---|
| Location | Conditions | ||
|
Brucejack
|
🇨🇦 Canada, British Columbia
|
British Columbia, Canada | Operator: Newmont Corporation | Precious Metals: Au & Ag | Royalty: NSR: 1.2%
|
|
|
Brucejack
|
🇨🇦 Canada, British Columbia
|
Mineral Tax Royalty; Annual payment equal to a fixed percentage of the Mineral Tax payable by Newmont in each calendar year under the Mineral Tax Act in respect of Brucejack.
|
Brucejack
Location
Conditions
🇨🇦 Canada, British Columbia
British Columbia, Canada | Operator: Newmont Corporation | Precious Metals: Au & Ag | Royalty: NSR: 1.2%
Brucejack
Location
Conditions
🇨🇦 Canada, British Columbia
Mineral Tax Royalty; Annual payment equal to a fixed percentage of the Mineral Tax payable by Newmont in each calendar year under the Mineral Tax Act in respect of Brucejack.
Royalties & streams — Assumptions
- Royalties and streams whose project name refers to this asset (matched on normalized asset name across all issuers in the database; accents and diacritics folded) and that share at least one commodity when the interest publishes commodity data. Names such as "Canadian Malartic NSR" are grouped with the Canadian Malartic project.
Cerro Negro
Asset · Operating
Argentina, Santa Cruz
Gold
3/5
Silver
1/5
Mining
Type
Operating
Status
🇦🇷 Argentina, Santa Cruz
Country
Project information
As at 31 December 2025
Aggregation level:
Asset
Aggregation level:
Asset
Report standard:
Sec S K 1300
Report standard:
Sec S K 1300
Ownership %:
100
Ownership %:
100
Operator:
Yes
Operator:
Yes
Extraction:
Underground
Extraction:
Underground
Description
As at 31 December 2025
100%-owned underground gold-silver mine in Santa Cruz Province, Argentina. Cerro Negro District Expansion 1 (CND-EX1) growth project underway, including Eastern district development. Argentina is a hyperinflationary environment with FX controls — Cerro Negro's cash remittance timing and intercompany debt principal payments are affected. 2025: 202 koz Au; AISC $2,256/oz. Reserves at $2,000/oz Au, $25/oz Ag.
Mining metrics
As at 31 December 2025 · exclusive
| Commodity | Production (rating) | Reserves & Resources (rating) | Grade (rating) | Costs | Estimated Lifetime |
|---|---|---|---|---|---|
|
Gold
|
202 koz/yr
3/5
|
3.5 moz P&P + M&I
3/5
|
10.58 gpt
5/5
|
AISC 2 256 USD/oz
|
reserves 14.9 yrs
resources 2.5 yrs
|
|
Silver
|
-
|
15.4 moz P&P + M&I
1/5
|
70.62 gpt
2/5
|
-
|
-
|
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Gold
202 koz/yr
3/5
3.5 moz P&P + M&I
3/5
10.58 gpt
5/5
AISC 2 256 USD/oz
reserves 14.9 yrs
resources 2.5 yrs
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Silver
-
15.4 moz P&P + M&I
1/5
70.62 gpt
2/5
-
-
Mining metrics — Assumptions & Disclaimers
- Reserves vs Resources are reported under solid-mineral codes (CIM / NI 43-101, JORC, SAMREC, PERC, SEC S-K 1300, CRIRSCO). The headline reserve base follows the METALPILOT inclusive-vs-exclusive rule: when a source declares resources 'inclusive of' reserves (JORC norm), reserves are not added on top; when 'exclusive' (NI 43-101 norm), the headline is the source-disclosed total.
- Inferred resources are shown for transparency but flagged separately and do not feed the USD value mix.
- Grade is converted to the canonical display unit per commodity (% for base metals, g/t for precious metals, lb/st for U₃O₈, etc.). Where the source reports a grade range, the rating engine uses the midpoint.
- Costs are taken from disclosed cost rows and labelled by cost kind (AISC for gold/silver, C1 for copper/nickel/zinc/lead, cash operating cost for U₃O₈, etc.).
- Estimated lifetime is reserve_base / annual production using attributable figures; both sides are converted to the project's working-interest view before the division when needed.
- A '(WI x.xx%)' tag is shown when the project's ownership_percentage is materially below 100%.
- '(rating)' refers to Metal Pilot's commodity-specific 1-to-5 scoring band. Full band definitions live on the Rating tab.
- Mining reserve and resource estimates are subject to geological, metallurgical, environmental, permitting, infrastructure and market-price risk. A Probable or Proven label does not guarantee that the ounces / tonnes will ever be mined. AISC and C1 are non-GAAP metrics computed under company-specific definitions and are not strictly comparable between companies.
Reserves & resources — detail
As at 31 December 2025
Reserves & resources — detail — Assumptions & Disclaimers
- Attributable. Per-category cells follow METALPILOT §6 (latest per project × commodity × category). Headline reserve base appears in Asset quality / mix.
- Inferred is shown for context and excluded from headline totals. Petroleum rows may be deduped on development_status.
Nevada Gold Mines (NGM)
Play · Ownership 38.5%
United States, Nevada, Carlin Trend
Gold
5/5
Silver
2/5
Mining
Type
Operating
Status
🇺🇸 United States, Nevada (Carlin Trend)
Country
Project information
As at 31 December 2025
Aggregation level:
Play or complex
Aggregation level:
Play or complex
Report standard:
Sec S K 1300
Report standard:
Sec S K 1300
Ownership %:
38.5
Ownership %:
38.5
Operator:
No
Operator:
No
Operator name:
Barrick Mining Corporation
Operator name:
Barrick Mining Corporation
Interest type:
-
Interest type:
-
Interest rate:
-
Interest rate:
-
Extraction:
Open Pit Underground
Extraction:
Open Pit Underground
Interest conditions:
Newmont holds 38.5% economic interest in NGM JV with Barrick (61.5%) under July 2019 Nevada JV Agreement; Newmont served default notice Feb 3, 2026 over alleged mismanagement.
Description
As at 31 December 2025
Newmont 38.5%-owned JV with Barrick (61.5%) combining Newmont and Barrick's Nevada operations formed July 1, 2019. Operated by Barrick. Open pit + underground gold-copper-silver operations across multiple complexes. Reserves at $1,500/oz Au and $21/oz Ag (Barrick-set). 2025 production: 971 koz Au attributable (NGM total consolidated 999 koz). On Jan 26, 2026 Newmont informed Barrick of evidence of NGM mismanagement (diversion of resources to Barrick's Fourmile property); Feb 3, 2026 sent default notice. Cut-off ≥0.15 g/t Au (OP), ≥3.34 g/t Au (UG), ≥0.44 g/t Au (stockpiles).
Mining metrics
As at 31 December 2025 · exclusive
| Commodity | Production (rating) | Reserves & Resources (rating) | Grade (rating) | Costs | Estimated Lifetime |
|---|---|---|---|---|---|
|
Gold
|
373.83 koz/yr
5/5
|
26 moz P&P + M&I
5/5
|
2.69 gpt
3/5
|
AISC 1 820 USD/oz
|
reserves 4.4 yrs
resources 3.8 yrs
|
|
Silver
|
-
|
34.2 moz P&P + M&I
2/5
|
5.22 gpt
1/5
|
-
|
-
|
|
Copper
|
-
|
330 kt P&P + M&I
1/5
|
0.16%
1/5
|
-
|
-
|
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Gold
373.83 koz/yr
5/5
26 moz P&P + M&I
5/5
2.69 gpt
3/5
AISC 1 820 USD/oz
reserves 4.4 yrs
resources 3.8 yrs
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Silver
-
34.2 moz P&P + M&I
2/5
5.22 gpt
1/5
-
-
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Copper
-
330 kt P&P + M&I
1/5
0.16%
1/5
-
-
Mining metrics — Assumptions & Disclaimers
- Reserves vs Resources are reported under solid-mineral codes (CIM / NI 43-101, JORC, SAMREC, PERC, SEC S-K 1300, CRIRSCO). The headline reserve base follows the METALPILOT inclusive-vs-exclusive rule: when a source declares resources 'inclusive of' reserves (JORC norm), reserves are not added on top; when 'exclusive' (NI 43-101 norm), the headline is the source-disclosed total.
- Inferred resources are shown for transparency but flagged separately and do not feed the USD value mix.
- Grade is converted to the canonical display unit per commodity (% for base metals, g/t for precious metals, lb/st for U₃O₈, etc.). Where the source reports a grade range, the rating engine uses the midpoint.
- Costs are taken from disclosed cost rows and labelled by cost kind (AISC for gold/silver, C1 for copper/nickel/zinc/lead, cash operating cost for U₃O₈, etc.).
- Estimated lifetime is reserve_base / annual production using attributable figures; both sides are converted to the project's working-interest view before the division when needed.
- A '(WI x.xx%)' tag is shown when the project's ownership_percentage is materially below 100%.
- '(rating)' refers to Metal Pilot's commodity-specific 1-to-5 scoring band. Full band definitions live on the Rating tab.
- Mining reserve and resource estimates are subject to geological, metallurgical, environmental, permitting, infrastructure and market-price risk. A Probable or Proven label does not guarantee that the ounces / tonnes will ever be mined. AISC and C1 are non-GAAP metrics computed under company-specific definitions and are not strictly comparable between companies.
Reserves & resources — detail
As at 31 December 2025
Reserves & resources — detail — Assumptions & Disclaimers
- Attributable. Per-category cells follow METALPILOT §6 (latest per project × commodity × category). Headline reserve base appears in Asset quality / mix.
- Inferred is shown for context and excluded from headline totals. Petroleum rows may be deduped on development_status.
Ahafo South
Play
Ghana, Brong-Ahafo
Gold
4/5
Mining
Type
Operating
Status
🇬🇭 Ghana, Brong-Ahafo
Country
Project information
As at 31 December 2025
Aggregation level:
Play or complex
Aggregation level:
Play or complex
Report standard:
Sec S K 1300
Report standard:
Sec S K 1300
Ownership %:
100
Ownership %:
100
Operator:
Yes
Operator:
Yes
Extraction:
Open Pit Underground
Extraction:
Open Pit Underground
Description
As at 31 December 2025
100%-owned gold mine in Brong-Ahafo region, Ghana, with open pit + underground operations + stockpiles. Cut-off ≥0.49 g/t Au (OP), ≥1.80 g/t Au (UG), ≥0.48 g/t Au (stockpiles). 2025: 664 koz Au; AISC $1,514/oz. Gold reserves decreased ~11% YoY primarily due to depletion.
Mining metrics
As at 31 December 2025 · exclusive
| Commodity | Production (rating) | Reserves & Resources (rating) | Grade (rating) | Costs | Estimated Lifetime |
|---|---|---|---|---|---|
|
Gold
|
664 koz/yr
5/5
|
9.5 moz P&P + M&I
4/5
|
3.46 gpt
3/5
|
AISC 1 514 USD/oz
|
reserves 3 yrs
resources 0.3 yrs
|
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Gold
664 koz/yr
5/5
9.5 moz P&P + M&I
4/5
3.46 gpt
3/5
AISC 1 514 USD/oz
reserves 3 yrs
resources 0.3 yrs
Mining metrics — Assumptions & Disclaimers
- Reserves vs Resources are reported under solid-mineral codes (CIM / NI 43-101, JORC, SAMREC, PERC, SEC S-K 1300, CRIRSCO). The headline reserve base follows the METALPILOT inclusive-vs-exclusive rule: when a source declares resources 'inclusive of' reserves (JORC norm), reserves are not added on top; when 'exclusive' (NI 43-101 norm), the headline is the source-disclosed total.
- Inferred resources are shown for transparency but flagged separately and do not feed the USD value mix.
- Grade is converted to the canonical display unit per commodity (% for base metals, g/t for precious metals, lb/st for U₃O₈, etc.). Where the source reports a grade range, the rating engine uses the midpoint.
- Costs are taken from disclosed cost rows and labelled by cost kind (AISC for gold/silver, C1 for copper/nickel/zinc/lead, cash operating cost for U₃O₈, etc.).
- Estimated lifetime is reserve_base / annual production using attributable figures; both sides are converted to the project's working-interest view before the division when needed.
- A '(WI x.xx%)' tag is shown when the project's ownership_percentage is materially below 100%.
- '(rating)' refers to Metal Pilot's commodity-specific 1-to-5 scoring band. Full band definitions live on the Rating tab.
- Mining reserve and resource estimates are subject to geological, metallurgical, environmental, permitting, infrastructure and market-price risk. A Probable or Proven label does not guarantee that the ounces / tonnes will ever be mined. AISC and C1 are non-GAAP metrics computed under company-specific definitions and are not strictly comparable between companies.
Reserves & resources — detail
As at 31 December 2025
Reserves & resources — detail — Assumptions & Disclaimers
- Attributable. Per-category cells follow METALPILOT §6 (latest per project × commodity × category). Headline reserve base appears in Asset quality / mix.
- Inferred is shown for context and excluded from headline totals. Petroleum rows may be deduped on development_status.
Yanacocha
Play
Peru, Cajamarca
Gold
4/5
Silver
2/5
Mining
Type
Operating
Status
🇵🇪 Peru, Cajamarca
Country
Project information
As at 31 December 2025
Aggregation level:
Play or complex
Aggregation level:
Play or complex
Report standard:
Sec S K 1300
Report standard:
Sec S K 1300
Ownership %:
100
Ownership %:
100
Operator:
Yes
Operator:
Yes
Extraction:
Open Pit Underground
Extraction:
Open Pit Underground
Description
As at 31 December 2025
100%-owned gold mine complex in Cajamarca, Peru (operates through Minera Yanacocha S.R.L.). Open pit + underground + heap leach. 2025 saw material impairment charge as reserves declined to 0.5 Moz (vs 5.3 Moz at YE 2024) — reflects revised closure plan and water-treatment cost studies. Yanacocha water-treatment-plant compliance plan extended to June 2026 (with company appealing for extension to 2027). 2025: 515 koz Au sold from leach pads; AISC $1,028/oz. Property, plant & mine development $4,130M at Dec 31, 2025.
Mining metrics
As at 31 December 2025 · exclusive
| Commodity | Production (rating) | Reserves & Resources (rating) | Grade (rating) | Costs | Estimated Lifetime |
|---|---|---|---|---|---|
|
Gold
|
515 koz/yr
5/5
|
6.3 moz P&P + M&I
4/5
|
1.38 gpt
2/5
|
AISC 1 028 USD/oz
|
reserves 1 yrs
resources 11.3 yrs
|
|
Silver
|
-
|
33.5 moz P&P + M&I
2/5
|
8.82 gpt
1/5
|
-
|
-
|
|
Copper
|
-
|
700 kt P&P + M&I
2/5
|
0.6%
2/5
|
-
|
-
|
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Gold
515 koz/yr
5/5
6.3 moz P&P + M&I
4/5
1.38 gpt
2/5
AISC 1 028 USD/oz
reserves 1 yrs
resources 11.3 yrs
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Silver
-
33.5 moz P&P + M&I
2/5
8.82 gpt
1/5
-
-
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Copper
-
700 kt P&P + M&I
2/5
0.6%
2/5
-
-
Mining metrics — Assumptions & Disclaimers
- Reserves vs Resources are reported under solid-mineral codes (CIM / NI 43-101, JORC, SAMREC, PERC, SEC S-K 1300, CRIRSCO). The headline reserve base follows the METALPILOT inclusive-vs-exclusive rule: when a source declares resources 'inclusive of' reserves (JORC norm), reserves are not added on top; when 'exclusive' (NI 43-101 norm), the headline is the source-disclosed total.
- Inferred resources are shown for transparency but flagged separately and do not feed the USD value mix.
- Grade is converted to the canonical display unit per commodity (% for base metals, g/t for precious metals, lb/st for U₃O₈, etc.). Where the source reports a grade range, the rating engine uses the midpoint.
- Costs are taken from disclosed cost rows and labelled by cost kind (AISC for gold/silver, C1 for copper/nickel/zinc/lead, cash operating cost for U₃O₈, etc.).
- Estimated lifetime is reserve_base / annual production using attributable figures; both sides are converted to the project's working-interest view before the division when needed.
- A '(WI x.xx%)' tag is shown when the project's ownership_percentage is materially below 100%.
- '(rating)' refers to Metal Pilot's commodity-specific 1-to-5 scoring band. Full band definitions live on the Rating tab.
- Mining reserve and resource estimates are subject to geological, metallurgical, environmental, permitting, infrastructure and market-price risk. A Probable or Proven label does not guarantee that the ounces / tonnes will ever be mined. AISC and C1 are non-GAAP metrics computed under company-specific definitions and are not strictly comparable between companies.
Reserves & resources — detail
As at 31 December 2025
Reserves & resources — detail — Assumptions & Disclaimers
- Attributable. Per-category cells follow METALPILOT §6 (latest per project × commodity × category). Headline reserve base appears in Asset quality / mix.
- Inferred is shown for context and excluded from headline totals. Petroleum rows may be deduped on development_status.
Royalties & streams
All royalty and stream interests in the database that refer to this asset by name.
| Company | Royalty | ||
|---|---|---|---|
| Location | Conditions | ||
|
Yanacocha
|
🇵🇪 Peru, Cajamarca
|
1.8% NSR on all minerals. Acquired: August 2024 from Buenaventura for $210M plus $15M contingent payment.
|
Yanacocha
Location
Conditions
🇵🇪 Peru, Cajamarca
1.8% NSR on all minerals. Acquired: August 2024 from Buenaventura for $210M plus $15M contingent payment.
Royalties & streams — Assumptions
- Royalties and streams whose project name refers to this asset (matched on normalized asset name across all issuers in the database; accents and diacritics folded) and that share at least one commodity when the interest publishes commodity data. Names such as "Canadian Malartic NSR" are grouped with the Canadian Malartic project.
Development · 5 projects
Conga
Asset · Pre-feasibility
Peru, Cajamarca
Gold
5/5
Silver
2/5
Mining
Type
Development
Status
🇵🇪 Peru, Cajamarca
Country
Project information
As at 31 December 2025
Aggregation level:
Asset
Aggregation level:
Asset
Report standard:
Sec S K 1300
Report standard:
Sec S K 1300
Ownership %:
100
Ownership %:
100
Operator:
Yes
Operator:
Yes
Extraction:
Open Pit
Extraction:
Open Pit
Description
As at 31 December 2025
100%-owned Conga copper-gold-silver development project in Cajamarca, Peru, near Yanacocha. Has been the target of local political and community protests historically. Gold resources at $1,400/oz Au, copper at $3.50/lb Cu, silver at $26/oz (Newmont-set development pricing). Currently no reserves declared.
Mining metrics
As at 31 December 2025 · exclusive
| Commodity | Production (rating) | Reserves & Resources (rating) | Grade (rating) | Costs | Estimated Lifetime |
|---|---|---|---|---|---|
|
Gold
|
-
|
14.6 moz P&P + M&I
5/5
|
-
|
-
|
-
|
|
Silver
|
-
|
45.9 moz P&P + M&I
2/5
|
2.06 gpt
1/5
|
-
|
-
|
|
Copper
|
-
|
1 800 kt P&P + M&I
2/5
|
0.26%
1/5
|
-
|
-
|
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Gold
-
14.6 moz P&P + M&I
5/5
-
-
-
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Silver
-
45.9 moz P&P + M&I
2/5
2.06 gpt
1/5
-
-
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Copper
-
1 800 kt P&P + M&I
2/5
0.26%
1/5
-
-
Mining metrics — Assumptions & Disclaimers
- Reserves vs Resources are reported under solid-mineral codes (CIM / NI 43-101, JORC, SAMREC, PERC, SEC S-K 1300, CRIRSCO). The headline reserve base follows the METALPILOT inclusive-vs-exclusive rule: when a source declares resources 'inclusive of' reserves (JORC norm), reserves are not added on top; when 'exclusive' (NI 43-101 norm), the headline is the source-disclosed total.
- Inferred resources are shown for transparency but flagged separately and do not feed the USD value mix.
- Grade is converted to the canonical display unit per commodity (% for base metals, g/t for precious metals, lb/st for U₃O₈, etc.). Where the source reports a grade range, the rating engine uses the midpoint.
- Costs are taken from disclosed cost rows and labelled by cost kind (AISC for gold/silver, C1 for copper/nickel/zinc/lead, cash operating cost for U₃O₈, etc.).
- Estimated lifetime is reserve_base / annual production using attributable figures; both sides are converted to the project's working-interest view before the division when needed.
- A '(WI x.xx%)' tag is shown when the project's ownership_percentage is materially below 100%.
- '(rating)' refers to Metal Pilot's commodity-specific 1-to-5 scoring band. Full band definitions live on the Rating tab.
- Mining reserve and resource estimates are subject to geological, metallurgical, environmental, permitting, infrastructure and market-price risk. A Probable or Proven label does not guarantee that the ounces / tonnes will ever be mined. AISC and C1 are non-GAAP metrics computed under company-specific definitions and are not strictly comparable between companies.
Reserves & resources — detail
As at 31 December 2025
Reserves & resources — detail — Assumptions & Disclaimers
- Attributable. Per-category cells follow METALPILOT §6 (latest per project × commodity × category). Headline reserve base appears in Asset quality / mix.
- Inferred is shown for context and excluded from headline totals. Petroleum rows may be deduped on development_status.
Norte Abierto
Asset · Pre-feasibility · Ownership 50%
Chile, Atacama
Gold
5/5
Copper
3/5
Mining
Type
Development
Status
🇨🇱 Chile, Atacama
Country
Project information
As at 31 December 2025
Aggregation level:
Asset
Aggregation level:
Asset
Report standard:
Sec S K 1300
Report standard:
Sec S K 1300
Ownership %:
50
Ownership %:
50
Operator:
No
Operator:
No
Operator name:
Norte Abierto Joint Venture
Operator name:
Norte Abierto Joint Venture
Extraction:
Open Pit
Extraction:
Open Pit
Description
As at 31 December 2025
Newmont 50% / Barrick 50% Norte Abierto copper-gold-silver development project in Atacama Region, Chile. Currently undeveloped. Reserves at $1,700/oz Au, $3.50/lb Cu, $25/oz Ag (joint venture pricing). Combines Cerro Casale and Caspiche deposits.
Mining metrics
As at 31 December 2025 · exclusive
| Commodity | Production (rating) | Reserves & Resources (rating) | Grade (rating) | Costs | Estimated Lifetime |
|---|---|---|---|---|---|
|
Gold
|
-
|
20.9 moz P&P + M&I
5/5
|
0.65 gpt
1/5
|
-
|
-
|
|
Copper
|
-
|
2 400 kt P&P + M&I
3/5
|
0.24%
1/5
|
-
|
-
|
|
Silver
|
-
|
45.1 moz P&P + M&I
2/5
|
1.61 gpt
1/5
|
-
|
-
|
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Gold
-
20.9 moz P&P + M&I
5/5
0.65 gpt
1/5
-
-
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Copper
-
2 400 kt P&P + M&I
3/5
0.24%
1/5
-
-
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Silver
-
45.1 moz P&P + M&I
2/5
1.61 gpt
1/5
-
-
Mining metrics — Assumptions & Disclaimers
- Reserves vs Resources are reported under solid-mineral codes (CIM / NI 43-101, JORC, SAMREC, PERC, SEC S-K 1300, CRIRSCO). The headline reserve base follows the METALPILOT inclusive-vs-exclusive rule: when a source declares resources 'inclusive of' reserves (JORC norm), reserves are not added on top; when 'exclusive' (NI 43-101 norm), the headline is the source-disclosed total.
- Inferred resources are shown for transparency but flagged separately and do not feed the USD value mix.
- Grade is converted to the canonical display unit per commodity (% for base metals, g/t for precious metals, lb/st for U₃O₈, etc.). Where the source reports a grade range, the rating engine uses the midpoint.
- Costs are taken from disclosed cost rows and labelled by cost kind (AISC for gold/silver, C1 for copper/nickel/zinc/lead, cash operating cost for U₃O₈, etc.).
- Estimated lifetime is reserve_base / annual production using attributable figures; both sides are converted to the project's working-interest view before the division when needed.
- A '(WI x.xx%)' tag is shown when the project's ownership_percentage is materially below 100%.
- '(rating)' refers to Metal Pilot's commodity-specific 1-to-5 scoring band. Full band definitions live on the Rating tab.
- Mining reserve and resource estimates are subject to geological, metallurgical, environmental, permitting, infrastructure and market-price risk. A Probable or Proven label does not guarantee that the ounces / tonnes will ever be mined. AISC and C1 are non-GAAP metrics computed under company-specific definitions and are not strictly comparable between companies.
Reserves & resources — detail
As at 31 December 2025
Reserves & resources — detail — Assumptions & Disclaimers
- Attributable. Per-category cells follow METALPILOT §6 (latest per project × commodity × category). Headline reserve base appears in Asset quality / mix.
- Inferred is shown for context and excluded from headline totals. Petroleum rows may be deduped on development_status.
Royalties & streams
All royalty and stream interests in the database that refer to this asset by name.
| Company | Royalty | ||
|---|---|---|---|
| Location | Conditions | ||
|
Norte Abierto
|
🇨🇱 Chile, Atacama
|
Norte Abierto Cu-Au-Ag royalty (Caspiche + Cerro Casale)
|
Location
Conditions
🇨🇱 Chile, Atacama
Norte Abierto Cu-Au-Ag royalty (Caspiche + Cerro Casale)
Royalties & streams — Assumptions
- Royalties and streams whose project name refers to this asset (matched on normalized asset name across all issuers in the database; accents and diacritics folded) and that share at least one commodity when the interest publishes commodity data. Names such as "Canadian Malartic NSR" are grouped with the Canadian Malartic project.
Wafi-Golpu
Asset · Pre-feasibility · Ownership 50%
Papua New Guinea, Morobe
Gold
5/5
Copper
3/5
Mining
Type
Development
Status
🇵🇬 Papua New Guinea, Morobe
Country
Project information
As at 31 December 2025
Aggregation level:
Asset
Aggregation level:
Asset
Report standard:
Sec S K 1300
Report standard:
Sec S K 1300
Ownership %:
50
Ownership %:
50
Operator:
No
Operator:
No
Operator name:
Wafi-Golpu Joint Venture
Operator name:
Wafi-Golpu Joint Venture
Extraction:
Underground
Extraction:
Underground
Description
As at 31 December 2025
Newmont 50% / Harmony Gold 50% Wafi-Golpu copper-gold development project in Morobe Province, Papua New Guinea. Currently undeveloped. Gold reserves at $1,200/oz Au and copper reserves at $3.00/lb Cu (development project pricing). PNG political and regulatory risks apply. Acquired via Newcrest transaction (2023).
Mining metrics
As at 31 December 2025 · exclusive
| Commodity | Production (rating) | Reserves & Resources (rating) | Grade (rating) | Costs | Estimated Lifetime |
|---|---|---|---|---|---|
|
Gold
|
-
|
10 moz P&P + M&I
5/5
|
0.82 gpt
1/5
|
-
|
-
|
|
Copper
|
-
|
3 300 kt P&P + M&I
3/5
|
1.2%
3/5
|
-
|
-
|
|
Silver
|
-
|
7.6 moz P&P + M&I
1/5
|
4.42 gpt
1/5
|
-
|
-
|
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Gold
-
10 moz P&P + M&I
5/5
0.82 gpt
1/5
-
-
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Copper
-
3 300 kt P&P + M&I
3/5
1.2%
3/5
-
-
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Silver
-
7.6 moz P&P + M&I
1/5
4.42 gpt
1/5
-
-
Mining metrics — Assumptions & Disclaimers
- Reserves vs Resources are reported under solid-mineral codes (CIM / NI 43-101, JORC, SAMREC, PERC, SEC S-K 1300, CRIRSCO). The headline reserve base follows the METALPILOT inclusive-vs-exclusive rule: when a source declares resources 'inclusive of' reserves (JORC norm), reserves are not added on top; when 'exclusive' (NI 43-101 norm), the headline is the source-disclosed total.
- Inferred resources are shown for transparency but flagged separately and do not feed the USD value mix.
- Grade is converted to the canonical display unit per commodity (% for base metals, g/t for precious metals, lb/st for U₃O₈, etc.). Where the source reports a grade range, the rating engine uses the midpoint.
- Costs are taken from disclosed cost rows and labelled by cost kind (AISC for gold/silver, C1 for copper/nickel/zinc/lead, cash operating cost for U₃O₈, etc.).
- Estimated lifetime is reserve_base / annual production using attributable figures; both sides are converted to the project's working-interest view before the division when needed.
- A '(WI x.xx%)' tag is shown when the project's ownership_percentage is materially below 100%.
- '(rating)' refers to Metal Pilot's commodity-specific 1-to-5 scoring band. Full band definitions live on the Rating tab.
- Mining reserve and resource estimates are subject to geological, metallurgical, environmental, permitting, infrastructure and market-price risk. A Probable or Proven label does not guarantee that the ounces / tonnes will ever be mined. AISC and C1 are non-GAAP metrics computed under company-specific definitions and are not strictly comparable between companies.
Reserves & resources — detail
As at 31 December 2025
Reserves & resources — detail — Assumptions & Disclaimers
- Attributable. Per-category cells follow METALPILOT §6 (latest per project × commodity × category). Headline reserve base appears in Asset quality / mix.
- Inferred is shown for context and excluded from headline totals. Petroleum rows may be deduped on development_status.
NuevaUnión
Asset · Pre-feasibility · Ownership 50%
Chile, Atacama
Gold
4/5
Copper
4/5
Mining
Type
Development
Status
🇨🇱 Chile, Atacama
Country
Project information
As at 31 December 2025
Aggregation level:
Asset
Aggregation level:
Asset
Report standard:
Sec S K 1300
Report standard:
Sec S K 1300
Ownership %:
50
Ownership %:
50
Operator:
No
Operator:
No
Operator name:
NuevaUnión Joint Venture
Operator name:
NuevaUnión Joint Venture
Extraction:
Open Pit
Extraction:
Open Pit
Description
As at 31 December 2025
Newmont 50% / Teck Resources 50% NuevaUnión copper-gold-silver-molybdenum development project in Atacama Region, Chile. Currently undeveloped. Reserves at $1,300/oz Au, $3.00/lb Cu, $18/oz Ag, $10/lb Mo (joint venture-set pricing). Combines La Fortuna and Relincho deposits.
Mining metrics
As at 31 December 2025 · exclusive
| Commodity | Production (rating) | Reserves & Resources (rating) | Grade (rating) | Costs | Estimated Lifetime |
|---|---|---|---|---|---|
|
Gold
|
-
|
7.4 moz P&P + M&I
4/5
|
0.47 gpt
1/5
|
-
|
-
|
|
Copper
|
-
|
5 900 kt P&P + M&I
4/5
|
0.4%
1/5
|
-
|
-
|
|
Molybdenum
|
-
|
220.46 mlb P&P + M&I
3/5
|
0.02%
1/5
|
-
|
-
|
|
Silver
|
-
|
60.6 moz P&P + M&I
2/5
|
1.31 gpt
1/5
|
-
|
-
|
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Gold
-
7.4 moz P&P + M&I
4/5
0.47 gpt
1/5
-
-
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Copper
-
5 900 kt P&P + M&I
4/5
0.4%
1/5
-
-
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Molybdenum
-
220.46 mlb P&P + M&I
3/5
0.02%
1/5
-
-
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Silver
-
60.6 moz P&P + M&I
2/5
1.31 gpt
1/5
-
-
Mining metrics — Assumptions & Disclaimers
- Reserves vs Resources are reported under solid-mineral codes (CIM / NI 43-101, JORC, SAMREC, PERC, SEC S-K 1300, CRIRSCO). The headline reserve base follows the METALPILOT inclusive-vs-exclusive rule: when a source declares resources 'inclusive of' reserves (JORC norm), reserves are not added on top; when 'exclusive' (NI 43-101 norm), the headline is the source-disclosed total.
- Inferred resources are shown for transparency but flagged separately and do not feed the USD value mix.
- Grade is converted to the canonical display unit per commodity (% for base metals, g/t for precious metals, lb/st for U₃O₈, etc.). Where the source reports a grade range, the rating engine uses the midpoint.
- Costs are taken from disclosed cost rows and labelled by cost kind (AISC for gold/silver, C1 for copper/nickel/zinc/lead, cash operating cost for U₃O₈, etc.).
- Estimated lifetime is reserve_base / annual production using attributable figures; both sides are converted to the project's working-interest view before the division when needed.
- A '(WI x.xx%)' tag is shown when the project's ownership_percentage is materially below 100%.
- '(rating)' refers to Metal Pilot's commodity-specific 1-to-5 scoring band. Full band definitions live on the Rating tab.
- Mining reserve and resource estimates are subject to geological, metallurgical, environmental, permitting, infrastructure and market-price risk. A Probable or Proven label does not guarantee that the ounces / tonnes will ever be mined. AISC and C1 are non-GAAP metrics computed under company-specific definitions and are not strictly comparable between companies.
Reserves & resources — detail
As at 31 December 2025
Reserves & resources — detail — Assumptions & Disclaimers
- Attributable. Per-category cells follow METALPILOT §6 (latest per project × commodity × category). Headline reserve base appears in Asset quality / mix.
- Inferred is shown for context and excluded from headline totals. Petroleum rows may be deduped on development_status.
Royalties & streams
All royalty and stream interests in the database that refer to this asset by name.
| Company | Royalty | ||
|---|---|---|---|
| Location | Conditions | ||
|
NuevaUnion (Relincho)
|
🇨🇱 Chile, Chile
|
Chile, South America | Operator: Teck Resources Limited / Newmont Corporation | Metals: Cu, Au & Mo | Royalty: NSR: 1.5%
|
|
|
NuevaUnion
|
🇨🇱 Chile, Atacama
|
2.0% NSR Royalty
|
NuevaUnion (Relincho)
Location
Conditions
🇨🇱 Chile, Chile
Chile, South America | Operator: Teck Resources Limited / Newmont Corporation | Metals: Cu, Au & Mo | Royalty: NSR: 1.5%
Location
Conditions
🇨🇱 Chile, Atacama
2.0% NSR Royalty
Royalties & streams — Assumptions
- Royalties and streams whose project name refers to this asset (matched on normalized asset name across all issuers in the database; accents and diacritics folded) and that share at least one commodity when the interest publishes commodity data. Names such as "Canadian Malartic NSR" are grouped with the Canadian Malartic project.
Galore Creek
Asset · Pre-feasibility · Ownership 50%
Canada, British Columbia, Golden Triangle (British Columbia)
Gold
3/5
Copper
3/5
Mining
Type
Development
Status
🇨🇦 Canada, British Columbia (Golden Triangle (British Columbia))
Country
Project information
As at 31 December 2025
Aggregation level:
Asset
Aggregation level:
Asset
Report standard:
Sec S K 1300
Report standard:
Sec S K 1300
Ownership %:
50
Ownership %:
50
Operator:
No
Operator:
No
Operator name:
Galore Creek Mining Corporation (Teck)
Operator name:
Galore Creek Mining Corporation (Teck)
Extraction:
Open Pit
Extraction:
Open Pit
Description
As at 31 December 2025
Newmont 50% / Teck Resources 50% Galore Creek copper-gold-silver development project in BC's Golden Triangle, Canada. Currently undeveloped. Resource estimates provided by Teck Resources. Acquired via Newcrest transaction (2023).
Mining metrics
As at 31 December 2025 · exclusive
| Commodity | Production (rating) | Reserves & Resources (rating) | Grade (rating) | Costs | Estimated Lifetime |
|---|---|---|---|---|---|
|
Gold
|
-
|
4.7 moz P&P + M&I
3/5
|
-
|
-
|
-
|
|
Copper
|
-
|
2 800 kt P&P + M&I
3/5
|
0.46%
1/5
|
-
|
-
|
|
Silver
|
-
|
59.1 moz P&P + M&I
2/5
|
4.52 gpt
1/5
|
-
|
-
|
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Gold
-
4.7 moz P&P + M&I
3/5
-
-
-
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Copper
-
2 800 kt P&P + M&I
3/5
0.46%
1/5
-
-
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Silver
-
59.1 moz P&P + M&I
2/5
4.52 gpt
1/5
-
-
Mining metrics — Assumptions & Disclaimers
- Reserves vs Resources are reported under solid-mineral codes (CIM / NI 43-101, JORC, SAMREC, PERC, SEC S-K 1300, CRIRSCO). The headline reserve base follows the METALPILOT inclusive-vs-exclusive rule: when a source declares resources 'inclusive of' reserves (JORC norm), reserves are not added on top; when 'exclusive' (NI 43-101 norm), the headline is the source-disclosed total.
- Inferred resources are shown for transparency but flagged separately and do not feed the USD value mix.
- Grade is converted to the canonical display unit per commodity (% for base metals, g/t for precious metals, lb/st for U₃O₈, etc.). Where the source reports a grade range, the rating engine uses the midpoint.
- Costs are taken from disclosed cost rows and labelled by cost kind (AISC for gold/silver, C1 for copper/nickel/zinc/lead, cash operating cost for U₃O₈, etc.).
- Estimated lifetime is reserve_base / annual production using attributable figures; both sides are converted to the project's working-interest view before the division when needed.
- A '(WI x.xx%)' tag is shown when the project's ownership_percentage is materially below 100%.
- '(rating)' refers to Metal Pilot's commodity-specific 1-to-5 scoring band. Full band definitions live on the Rating tab.
- Mining reserve and resource estimates are subject to geological, metallurgical, environmental, permitting, infrastructure and market-price risk. A Probable or Proven label does not guarantee that the ounces / tonnes will ever be mined. AISC and C1 are non-GAAP metrics computed under company-specific definitions and are not strictly comparable between companies.
Reserves & resources — detail
As at 31 December 2025
Reserves & resources — detail — Assumptions & Disclaimers
- Attributable. Per-category cells follow METALPILOT §6 (latest per project × commodity × category). Headline reserve base appears in Asset quality / mix.
- Inferred is shown for context and excluded from headline totals. Petroleum rows may be deduped on development_status.
Exploration · 1 project
La Bikina
Asset · Pre-feasibility · Ownership 50%
Mexico
Gold
1/5
Silver
1/5
Mining
Type
Exploration
Status
🇲🇽 Mexico
Country
Project information
As at 31 December 2025
Aggregation level:
Asset
Aggregation level:
Asset
Report standard:
Sec S K 1300
Report standard:
Sec S K 1300
Ownership %:
50
Ownership %:
50
Operator:
No
Operator:
No
Operator name:
La Bikina Joint Venture
Operator name:
La Bikina Joint Venture
Extraction:
Open Pit
Extraction:
Open Pit
Description
As at 31 December 2025
Newmont 50% La Bikina exploration / development silver project in Mexico. Currently non-operating; reported under Newmont's Corporate and Other segment. Silver-dominant resource.
Mining metrics
As at 31 December 2025 · exclusive
| Commodity | Production (rating) | Reserves & Resources (rating) | Grade (rating) | Costs | Estimated Lifetime |
|---|---|---|---|---|---|
|
Gold
|
-
|
0.2 moz P&P + M&I
1/5
|
0.37 gpt
1/5
|
-
|
-
|
|
Silver
|
-
|
9 moz P&P + M&I
1/5
|
-
|
-
|
-
|
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Gold
-
0.2 moz P&P + M&I
1/5
0.37 gpt
1/5
-
-
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Silver
-
9 moz P&P + M&I
1/5
-
-
-
Mining metrics — Assumptions & Disclaimers
- Reserves vs Resources are reported under solid-mineral codes (CIM / NI 43-101, JORC, SAMREC, PERC, SEC S-K 1300, CRIRSCO). The headline reserve base follows the METALPILOT inclusive-vs-exclusive rule: when a source declares resources 'inclusive of' reserves (JORC norm), reserves are not added on top; when 'exclusive' (NI 43-101 norm), the headline is the source-disclosed total.
- Inferred resources are shown for transparency but flagged separately and do not feed the USD value mix.
- Grade is converted to the canonical display unit per commodity (% for base metals, g/t for precious metals, lb/st for U₃O₈, etc.). Where the source reports a grade range, the rating engine uses the midpoint.
- Costs are taken from disclosed cost rows and labelled by cost kind (AISC for gold/silver, C1 for copper/nickel/zinc/lead, cash operating cost for U₃O₈, etc.).
- Estimated lifetime is reserve_base / annual production using attributable figures; both sides are converted to the project's working-interest view before the division when needed.
- A '(WI x.xx%)' tag is shown when the project's ownership_percentage is materially below 100%.
- '(rating)' refers to Metal Pilot's commodity-specific 1-to-5 scoring band. Full band definitions live on the Rating tab.
- Mining reserve and resource estimates are subject to geological, metallurgical, environmental, permitting, infrastructure and market-price risk. A Probable or Proven label does not guarantee that the ounces / tonnes will ever be mined. AISC and C1 are non-GAAP metrics computed under company-specific definitions and are not strictly comparable between companies.
Reserves & resources — detail
As at 31 December 2025
Reserves & resources — detail — Assumptions & Disclaimers
- Attributable. Per-category cells follow METALPILOT §6 (latest per project × commodity × category). Headline reserve base appears in Asset quality / mix.
- Inferred is shown for context and excluded from headline totals. Petroleum rows may be deduped on development_status.
- The projects listed here reflect the information captured in this workspace and are not necessarily a complete picture of the company's portfolio. For authoritative figures, refer to the company's official filings.
15
Operating projects
5
Development projects
1
Exploration project
Portfolio Summary
Totals from Portfolio Aggregate · As at 31 December 2025 · exclusive
| Commodity | |||
|---|---|---|---|
| Production (rating) | Reserves & Resources (rating) | Production value (est.) | |
|
Gold
|
4 750 koz/yr
5/5
|
206.3 moz P&P + M&I; 60.6 moz Inferred
5/5
|
$19.7B (83%)
USD 4,155.4 / oz
|
|
Silver
|
28 moz/yr
5/5
|
326 moz P&P + M&I
5/5
|
$1.8B (8%)
USD 64.88 / oz
|
|
Copper
|
134.26 kt/yr
3/5
|
27 337.32 mlb P&P + M&I
5/5
|
$1.3B (6%)
≈ $10,000 / t
|
|
Molybdenum
|
-
|
440.92 mlb P&P + M&I
3/5
|
-
|
|
Zinc
|
230.88 kt/yr
3/5
|
1.5 mt P&P + M&I
2/5
|
$646.5M (3%)
≈ $2,800 / t
|
|
Lead
|
97.98 kt/yr
3/5
|
0.7 mt P&P + M&I
2/5
|
$205.7M (<1%)
≈ $2,100 / t
|
Gold
Production (rating)
Reserves & Resources (rating)
Production value (est.)
4 750 koz/yr
5/5
206.3 moz P&P + M&I; 60.6 moz Inferred
5/5
$19.7B (83%)
USD 4,155.4 / oz
Silver
Production (rating)
Reserves & Resources (rating)
Production value (est.)
28 moz/yr
5/5
326 moz P&P + M&I
5/5
$1.8B (8%)
USD 64.88 / oz
Copper
Production (rating)
Reserves & Resources (rating)
Production value (est.)
134.26 kt/yr
3/5
27 337.32 mlb P&P + M&I
5/5
$1.3B (6%)
≈ $10,000 / t
Molybdenum
Production (rating)
Reserves & Resources (rating)
Production value (est.)
-
440.92 mlb P&P + M&I
3/5
-
Zinc
Production (rating)
Reserves & Resources (rating)
Production value (est.)
230.88 kt/yr
3/5
1.5 mt P&P + M&I
2/5
$646.5M (3%)
≈ $2,800 / t
Lead
Production (rating)
Reserves & Resources (rating)
Production value (est.)
97.98 kt/yr
3/5
0.7 mt P&P + M&I
2/5
$205.7M (<1%)
≈ $2,100 / t
Production centres & complexes · 3 projects
As at 31 December 2025 · exclusive
| Project | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Location | Status | Commodity | Production (rating) | Reserves & Resources (rating) | Grade (rating) | Costs | Estimated Lifetime | ||
|
|
🇬🇭 Ghana
Brong-Ahafo
|
Operating
|
Gold
|
664 koz/yr
5/5
|
9.5 moz P&P + M&I
4/5
|
3.46 gpt
3/5
|
AISC 1 514 USD/oz
|
reserves 3 yrs
resources 0.3 yrs
|
|
|
|
Ownership 38.5% WI
|
🇺🇸 United States
Nevada
|
Operating
|
Gold
|
373.83 koz/yr
5/5
|
26 moz P&P + M&I
5/5
|
2.69 gpt
3/5
|
AISC 1 820 USD/oz
|
reserves 4.4 yrs
resources 3.8 yrs
|
|
|
|
|
|
Silver
|
-
|
34.2 moz P&P + M&I
2/5
|
5.22 gpt
1/5
|
-
|
-
|
|
|
|
|
|
Copper
|
-
|
330 kt P&P + M&I
1/5
|
0.16%
1/5
|
-
|
-
|
|
|
🇵🇪 Peru
Cajamarca
|
Operating
|
Gold
|
515 koz/yr
5/5
|
6.3 moz P&P + M&I
4/5
|
1.38 gpt
2/5
|
AISC 1 028 USD/oz
|
reserves 1 yrs
resources 11.3 yrs
|
|
|
|
|
|
|
Silver
|
-
|
33.5 moz P&P + M&I
2/5
|
8.82 gpt
1/5
|
-
|
-
|
|
|
|
|
|
Copper
|
-
|
700 kt P&P + M&I
2/5
|
0.6%
2/5
|
-
|
-
|
|
|
|
|
|
Σ Gold
|
1 552.84 koz/yr
|
25.81 moz
|
-
|
-
|
-
|
|
|
|
|
|
Σ Silver
|
-
|
46.67 moz
|
-
|
-
|
-
|
|
|
|
|
|
Σ Copper
|
-
|
827.05 kt
|
-
|
-
|
-
|
🇬🇭 Ghana
Brong-Ahafo
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Operating
Gold
664 koz/yr
5/5
9.5 moz P&P + M&I
4/5
3.46 gpt
3/5
AISC 1 514 USD/oz
reserves 3 yrs
resources 0.3 yrs
Ownership 38.5% WI
🇺🇸 United States
Nevada
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Operating
Gold
373.83 koz/yr
5/5
26 moz P&P + M&I
5/5
2.69 gpt
3/5
AISC 1 820 USD/oz
reserves 4.4 yrs
resources 3.8 yrs
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Silver
-
34.2 moz P&P + M&I
2/5
5.22 gpt
1/5
-
-
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Copper
-
330 kt P&P + M&I
1/5
0.16%
1/5
-
-
🇵🇪 Peru
Cajamarca
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Operating
Gold
515 koz/yr
5/5
6.3 moz P&P + M&I
4/5
1.38 gpt
2/5
AISC 1 028 USD/oz
reserves 1 yrs
resources 11.3 yrs
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Silver
-
33.5 moz P&P + M&I
2/5
8.82 gpt
1/5
-
-
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Copper
-
700 kt P&P + M&I
2/5
0.6%
2/5
-
-
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Σ Gold
1 552.84 koz/yr
25.81 moz
-
-
-
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Σ Silver
-
46.67 moz
-
-
-
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Σ Copper
-
827.05 kt
-
-
-
Production centres & complexes · 3 projects — Assumptions & Disclaimers
- Reserves vs Resources are reported under solid-mineral codes (CIM / NI 43-101, JORC, SAMREC, PERC, SEC S-K 1300, CRIRSCO). The headline reserve base follows the METALPILOT inclusive-vs-exclusive rule: when a source declares resources 'inclusive of' reserves (JORC norm), reserves are not added on top; when 'exclusive' (NI 43-101 norm), the headline is the source-disclosed total.
- Inferred resources are shown for transparency but flagged separately and do not feed the USD value mix.
- Grade is converted to the canonical display unit per commodity (% for base metals, g/t for precious metals, lb/st for U₃O₈, etc.). Where the source reports a grade range, the rating engine uses the midpoint.
- Costs are taken from disclosed cost rows and labelled by cost kind (AISC for gold/silver, C1 for copper/nickel/zinc/lead, cash operating cost for U₃O₈, etc.).
- Estimated lifetime is reserve_base / annual production using attributable figures; both sides are converted to the project's working-interest view before the division when needed.
- A '(WI x.xx%)' tag is shown when the project's ownership_percentage is materially below 100%.
- '(rating)' refers to Metal Pilot's commodity-specific 1-to-5 scoring band. Full band definitions live on the Rating tab.
- Mining reserve and resource estimates are subject to geological, metallurgical, environmental, permitting, infrastructure and market-price risk. A Probable or Proven label does not guarantee that the ounces / tonnes will ever be mined. AISC and C1 are non-GAAP metrics computed under company-specific definitions and are not strictly comparable between companies.
Mining metrics · 17 projects
Multiple effective dates · exclusive
| Project | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Location | Status | Commodity | Production (rating) | Reserves & Resources (rating) | Grade (rating) | Costs | Estimated Lifetime | ||
|
★
|
🇦🇺 Australia
Western Australia
|
Operating
|
Gold
|
565 koz/yr
5/5
|
14.5 moz P&P + M&I
5/5
|
0.58 gpt
1/5
|
AISC 1 501 USD/oz
|
reserves 18.1 yrs
resources 7.6 yrs
|
|
|
|
|
|
|
Copper
|
24.04 kt/yr
1/5
|
1 763.7 mlb P&P + M&I
2/5
|
0.09%
1/5
|
-
|
reserves 20.8 yrs
resources 12.5 yrs
|
|
★
|
🇦🇺 Australia
New South Wales
|
Operating
|
Gold
|
385 koz/yr
4/5
|
23.2 moz P&P + M&I
5/5
|
0.42 gpt
1/5
|
AISC 1 176 USD/oz
|
reserves 25+ yrs
resources 24.4 yrs
|
|
|
|
|
|
|
Copper
|
81.65 kt/yr
2/5
|
12 125.42 mlb P&P + M&I
4/5
|
0.29%
1/5
|
-
|
reserves 25+ yrs
resources 25+ yrs
|
|
|
|
|
|
Molybdenum
|
-
|
220.46 mlb P&P + M&I
3/5
|
0.01%
1/5
|
-
|
-
|
|
|
|
|
|
Silver
|
-
|
42 moz P&P + M&I
2/5
|
0.67 gpt
1/5
|
-
|
-
|
|
★
|
🇵🇬 Papua New Guinea
New Ireland Province
|
Operating
|
Gold
|
585 koz/yr
5/5
|
18.4 moz P&P + M&I
5/5
|
2.26 gpt
3/5
|
AISC 1 642 USD/oz
Cash cost 1 297 USD/oz
|
reserves 20.7 yrs
resources 4.1 yrs
|
|
|
|
🇬🇭 Ghana
Brong-Ahafo
|
Operating
|
Gold
|
70 koz/yr
2/5
|
7 moz P&P + M&I
4/5
|
2.23 gpt
3/5
|
AISC 701 USD/oz
|
reserves 25+ yrs
resources 25+ yrs
|
|
|
|
🇨🇦 Canada
British Columbia
|
Operating
|
Gold
|
231 koz/yr
3/5
|
3.5 moz P&P + M&I
3/5
|
6.65 gpt
4/5
|
AISC 2 262 USD/oz
|
reserves 12.6 yrs
resources 2.6 yrs
|
|
|
|
|
|
|
Silver
|
-
|
15 moz P&P + M&I
1/5
|
29.39 gpt
1/5
|
-
|
-
|
|
|
🇦🇷 Argentina
Santa Cruz
|
Operating
|
Gold
|
202 koz/yr
3/5
|
3.5 moz P&P + M&I
3/5
|
10.58 gpt
5/5
|
AISC 2 256 USD/oz
|
reserves 14.9 yrs
resources 2.5 yrs
|
|
|
|
|
|
|
Silver
|
-
|
15.4 moz P&P + M&I
1/5
|
70.62 gpt
2/5
|
-
|
-
|
|
|
Ownership 75.0% WI
|
🇸🇷 Suriname
Sipaliwini
|
Operating
|
Gold
|
177.75 koz/yr
3/5
|
6.3 moz P&P + M&I
4/5
|
1.09 gpt
2/5
|
AISC 1 899 USD/oz
|
reserves 19 yrs
resources 7.6 yrs
|
|
|
🇲🇽 Mexico
Zacatecas
|
Operating
|
Silver
|
28 moz/yr
5/5
|
369.9 moz P&P + M&I
5/5
|
32.37 gpt
1/5
|
-
|
reserves 8.2 yrs
resources 5 yrs
|
|
|
|
|
|
|
Gold
|
415 koz/yr
4/5
|
4.8 moz P&P + M&I
3/5
|
0.45 gpt
1/5
|
AISC 1 321 USD/oz
|
reserves 7.7 yrs
resources 3.9 yrs
|
|
|
|
|
|
Zinc
|
230.88 kt/yr
3/5
|
1.5 mt P&P + M&I
2/5
|
0.67%
1/5
|
-
|
reserves 6.5 yrs
|
|
|
|
|
|
Lead
|
97.98 kt/yr
3/5
|
1.1 mt P&P + M&I
2/5
|
0.3%
1/5
|
-
|
reserves 7.1 yrs
resources 4.1 yrs
|
|
|
Ownership 40.0% WI
|
🇩🇴 Dominican Republic
Sánchez Ramírez
|
Operating
|
Gold
|
101.2 koz/yr
4/5
|
10 moz P&P + M&I
5/5
|
2.06 gpt
3/5
|
-
|
reserves 25+ yrs
resources 7.1 yrs
|
|
|
|
|
|
Silver
|
-
|
43.5 moz P&P + M&I
2/5
|
12.3 gpt
1/5
|
-
|
-
|
|
|
Ownership 70.0% WI
|
🇨🇦 Canada
British Columbia
|
Operating
|
Gold
|
43.4 koz/yr
2/5
|
7.3 moz P&P + M&I
4/5
|
0.34 gpt
1/5
|
AISC 1 797 USD/oz
|
reserves 25+ yrs
resources 25+ yrs
|
|
|
|
|
|
Copper
|
20 kt/yr
1/5
|
4 409.25 mlb P&P + M&I
3/5
|
0.34%
1/5
|
-
|
reserves 25+ yrs
resources 25+ yrs
|
|
|
🇦🇺 Australia
Northern Territory
|
Operating
|
Gold
|
391 koz/yr
4/5
|
8.2 moz P&P + M&I
4/5
|
5.03 gpt
4/5
|
AISC 1 445 USD/oz
|
reserves 13.6 yrs
resources 4.6 yrs
|
|
|
★
|
🇵🇪 Peru
Cajamarca
|
Development
Pre-feasibility
|
Gold
|
-
|
14.6 moz P&P + M&I
5/5
|
-
|
-
|
-
|
|
|
|
|
|
|
Silver
|
-
|
45.9 moz P&P + M&I
2/5
|
2.06 gpt
1/5
|
-
|
-
|
|
|
|
|
|
Copper
|
-
|
1 800 kt P&P + M&I
2/5
|
0.26%
1/5
|
-
|
-
|
|
★
|
Ownership 50.0% WI
|
🇨🇱 Chile
Atacama
|
Development
Pre-feasibility
|
Gold
|
-
|
20.9 moz P&P + M&I
5/5
|
0.65 gpt
1/5
|
-
|
-
|
|
|
|
|
|
Copper
|
-
|
2 400 kt P&P + M&I
3/5
|
0.24%
1/5
|
-
|
-
|
|
|
|
|
|
Silver
|
-
|
45.1 moz P&P + M&I
2/5
|
1.61 gpt
1/5
|
-
|
-
|
|
|
Ownership 50.0% WI
|
🇨🇦 Canada
British Columbia
|
Development
Pre-feasibility
|
Gold
|
-
|
4.7 moz P&P + M&I
3/5
|
-
|
-
|
-
|
|
|
|
|
|
Copper
|
-
|
2 800 kt P&P + M&I
3/5
|
0.46%
1/5
|
-
|
-
|
|
|
|
|
|
Silver
|
-
|
59.1 moz P&P + M&I
2/5
|
4.52 gpt
1/5
|
-
|
-
|
|
|
Ownership 50.0% WI
|
🇨🇱 Chile
Atacama
|
Development
Pre-feasibility
|
Gold
|
-
|
7.4 moz P&P + M&I
4/5
|
0.47 gpt
1/5
|
-
|
-
|
|
|
|
|
|
Copper
|
-
|
5 900 kt P&P + M&I
4/5
|
0.4%
1/5
|
-
|
-
|
|
|
|
|
|
Molybdenum
|
-
|
220.46 mlb P&P + M&I
3/5
|
0.02%
1/5
|
-
|
-
|
|
|
|
|
|
Silver
|
-
|
60.6 moz P&P + M&I
2/5
|
1.31 gpt
1/5
|
-
|
-
|
|
|
Ownership 50.0% WI
|
🇵🇬 Papua New Guinea
Morobe
|
Development
Pre-feasibility
|
Gold
|
-
|
10 moz P&P + M&I
5/5
|
0.82 gpt
1/5
|
-
|
-
|
|
|
|
|
|
Copper
|
-
|
3 300 kt P&P + M&I
3/5
|
1.2%
3/5
|
-
|
-
|
|
|
|
|
|
Silver
|
-
|
7.6 moz P&P + M&I
1/5
|
4.42 gpt
1/5
|
-
|
-
|
|
|
Ownership 50.0% WI
|
🇲🇽 Mexico
|
Exploration
Pre-feasibility
|
Gold
|
-
|
0.2 moz P&P + M&I
1/5
|
0.37 gpt
1/5
|
-
|
-
|
|
|
|
|
|
Silver
|
-
|
9 moz P&P + M&I
1/5
|
-
|
-
|
-
|
|
|
|
|
|
Σ Gold
|
3 166.35 koz/yr
Est. revenue 77%
|
133.13 moz
|
-
|
-
|
-
|
|
|
|
|
|
Σ Copper
|
125.69 kt/yr
Est. revenue 7%
|
25 975.59 kt
|
-
|
-
|
-
|
|
|
|
|
|
Σ Silver
|
28 moz/yr
Est. revenue 11%
|
596.3 moz
|
-
|
-
|
-
|
|
|
|
|
|
Σ Molybdenum
|
-
|
330.69 mlb
|
-
|
-
|
-
|
|
|
|
|
|
Σ Zinc
|
230.88 kt/yr
Est. revenue 4%
|
1.5 mt
|
-
|
-
|
-
|
|
|
|
|
|
Σ Lead
|
97.98 kt/yr
Est. revenue 1%
|
1.1 mt
|
-
|
-
|
-
|
🇦🇺 Australia
Western Australia
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Operating
Gold
565 koz/yr
5/5
14.5 moz P&P + M&I
5/5
0.58 gpt
1/5
AISC 1 501 USD/oz
reserves 18.1 yrs
resources 7.6 yrs
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Copper
24.04 kt/yr
1/5
1 763.7 mlb P&P + M&I
2/5
0.09%
1/5
-
reserves 20.8 yrs
resources 12.5 yrs
★
🇦🇺 Australia
New South Wales
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Operating
Gold
385 koz/yr
4/5
23.2 moz P&P + M&I
5/5
0.42 gpt
1/5
AISC 1 176 USD/oz
reserves 25+ yrs
resources 24.4 yrs
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Copper
81.65 kt/yr
2/5
12 125.42 mlb P&P + M&I
4/5
0.29%
1/5
-
reserves 25+ yrs
resources 25+ yrs
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Molybdenum
-
220.46 mlb P&P + M&I
3/5
0.01%
1/5
-
-
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Silver
-
42 moz P&P + M&I
2/5
0.67 gpt
1/5
-
-
★
🇵🇬 Papua New Guinea
New Ireland Province
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Operating
Gold
585 koz/yr
5/5
18.4 moz P&P + M&I
5/5
2.26 gpt
3/5
AISC 1 642 USD/oz
Cash cost 1 297 USD/oz
reserves 20.7 yrs
resources 4.1 yrs
🇬🇭 Ghana
Brong-Ahafo
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Operating
Gold
70 koz/yr
2/5
7 moz P&P + M&I
4/5
2.23 gpt
3/5
AISC 701 USD/oz
reserves 25+ yrs
resources 25+ yrs
🇨🇦 Canada
British Columbia
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Operating
Gold
231 koz/yr
3/5
3.5 moz P&P + M&I
3/5
6.65 gpt
4/5
AISC 2 262 USD/oz
reserves 12.6 yrs
resources 2.6 yrs
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Silver
-
15 moz P&P + M&I
1/5
29.39 gpt
1/5
-
-
🇦🇷 Argentina
Santa Cruz
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Operating
Gold
202 koz/yr
3/5
3.5 moz P&P + M&I
3/5
10.58 gpt
5/5
AISC 2 256 USD/oz
reserves 14.9 yrs
resources 2.5 yrs
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Silver
-
15.4 moz P&P + M&I
1/5
70.62 gpt
2/5
-
-
Ownership 75.0% WI
🇸🇷 Suriname
Sipaliwini
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Operating
Gold
177.75 koz/yr
3/5
6.3 moz P&P + M&I
4/5
1.09 gpt
2/5
AISC 1 899 USD/oz
reserves 19 yrs
resources 7.6 yrs
🇲🇽 Mexico
Zacatecas
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Operating
Silver
28 moz/yr
5/5
369.9 moz P&P + M&I
5/5
32.37 gpt
1/5
-
reserves 8.2 yrs
resources 5 yrs
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Gold
415 koz/yr
4/5
4.8 moz P&P + M&I
3/5
0.45 gpt
1/5
AISC 1 321 USD/oz
reserves 7.7 yrs
resources 3.9 yrs
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Zinc
230.88 kt/yr
3/5
1.5 mt P&P + M&I
2/5
0.67%
1/5
-
reserves 6.5 yrs
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Lead
97.98 kt/yr
3/5
1.1 mt P&P + M&I
2/5
0.3%
1/5
-
reserves 7.1 yrs
resources 4.1 yrs
Ownership 40.0% WI
🇩🇴 Dominican Republic
Sánchez Ramírez
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Operating
Gold
101.2 koz/yr
4/5
10 moz P&P + M&I
5/5
2.06 gpt
3/5
-
reserves 25+ yrs
resources 7.1 yrs
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Silver
-
43.5 moz P&P + M&I
2/5
12.3 gpt
1/5
-
-
Ownership 70.0% WI
🇨🇦 Canada
British Columbia
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Operating
Gold
43.4 koz/yr
2/5
7.3 moz P&P + M&I
4/5
0.34 gpt
1/5
AISC 1 797 USD/oz
reserves 25+ yrs
resources 25+ yrs
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Copper
20 kt/yr
1/5
4 409.25 mlb P&P + M&I
3/5
0.34%
1/5
-
reserves 25+ yrs
resources 25+ yrs
🇦🇺 Australia
Northern Territory
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Operating
Gold
391 koz/yr
4/5
8.2 moz P&P + M&I
4/5
5.03 gpt
4/5
AISC 1 445 USD/oz
reserves 13.6 yrs
resources 4.6 yrs
★
🇵🇪 Peru
Cajamarca
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Development
Pre-feasibility
Gold
-
14.6 moz P&P + M&I
5/5
-
-
-
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Silver
-
45.9 moz P&P + M&I
2/5
2.06 gpt
1/5
-
-
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Copper
-
1 800 kt P&P + M&I
2/5
0.26%
1/5
-
-
★
Ownership 50.0% WI
🇨🇱 Chile
Atacama
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Development
Pre-feasibility
Gold
-
20.9 moz P&P + M&I
5/5
0.65 gpt
1/5
-
-
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Copper
-
2 400 kt P&P + M&I
3/5
0.24%
1/5
-
-
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Silver
-
45.1 moz P&P + M&I
2/5
1.61 gpt
1/5
-
-
Ownership 50.0% WI
🇨🇦 Canada
British Columbia
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Development
Pre-feasibility
Gold
-
4.7 moz P&P + M&I
3/5
-
-
-
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Copper
-
2 800 kt P&P + M&I
3/5
0.46%
1/5
-
-
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Silver
-
59.1 moz P&P + M&I
2/5
4.52 gpt
1/5
-
-
Ownership 50.0% WI
🇨🇱 Chile
Atacama
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Development
Pre-feasibility
Gold
-
7.4 moz P&P + M&I
4/5
0.47 gpt
1/5
-
-
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Copper
-
5 900 kt P&P + M&I
4/5
0.4%
1/5
-
-
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Molybdenum
-
220.46 mlb P&P + M&I
3/5
0.02%
1/5
-
-
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Silver
-
60.6 moz P&P + M&I
2/5
1.31 gpt
1/5
-
-
Ownership 50.0% WI
🇵🇬 Papua New Guinea
Morobe
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Development
Pre-feasibility
Gold
-
10 moz P&P + M&I
5/5
0.82 gpt
1/5
-
-
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Copper
-
3 300 kt P&P + M&I
3/5
1.2%
3/5
-
-
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Silver
-
7.6 moz P&P + M&I
1/5
4.42 gpt
1/5
-
-
Ownership 50.0% WI
🇲🇽 Mexico
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Exploration
Pre-feasibility
Gold
-
0.2 moz P&P + M&I
1/5
0.37 gpt
1/5
-
-
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Silver
-
9 moz P&P + M&I
1/5
-
-
-
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Σ Gold
3 166.35 koz/yr
Est. revenue 77%
133.13 moz
-
-
-
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Σ Copper
125.69 kt/yr
Est. revenue 7%
25 975.59 kt
-
-
-
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Σ Silver
28 moz/yr
Est. revenue 11%
596.3 moz
-
-
-
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Σ Molybdenum
-
330.69 mlb
-
-
-
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Σ Zinc
230.88 kt/yr
Est. revenue 4%
1.5 mt
-
-
-
Status
Commodity
Production (rating)
Reserves & Resources (rating)
Grade (rating)
Costs
Estimated Lifetime
Σ Lead
97.98 kt/yr
Est. revenue 1%
1.1 mt
-
-
-
Mining metrics · 17 projects — Assumptions & Disclaimers
- Reserves vs Resources are reported under solid-mineral codes (CIM / NI 43-101, JORC, SAMREC, PERC, SEC S-K 1300, CRIRSCO). The headline reserve base follows the METALPILOT inclusive-vs-exclusive rule: when a source declares resources 'inclusive of' reserves (JORC norm), reserves are not added on top; when 'exclusive' (NI 43-101 norm), the headline is the source-disclosed total.
- Inferred resources are shown for transparency but flagged separately and do not feed the USD value mix.
- Grade is converted to the canonical display unit per commodity (% for base metals, g/t for precious metals, lb/st for U₃O₈, etc.). Where the source reports a grade range, the rating engine uses the midpoint.
- Costs are taken from disclosed cost rows and labelled by cost kind (AISC for gold/silver, C1 for copper/nickel/zinc/lead, cash operating cost for U₃O₈, etc.).
- Estimated lifetime is reserve_base / annual production using attributable figures; both sides are converted to the project's working-interest view before the division when needed.
- A '(WI x.xx%)' tag is shown when the project's ownership_percentage is materially below 100%.
- '(rating)' refers to Metal Pilot's commodity-specific 1-to-5 scoring band. Full band definitions live on the Rating tab.
- Mining reserve and resource estimates are subject to geological, metallurgical, environmental, permitting, infrastructure and market-price risk. A Probable or Proven label does not guarantee that the ounces / tonnes will ever be mined. AISC and C1 are non-GAAP metrics computed under company-specific definitions and are not strictly comparable between companies.
Reserves & resources — detail
As at 31 December 2025
| Project | ||||||
|---|---|---|---|---|---|---|
| Commodity | Prov. & Prob. (share %) | Indicated (share %) | Meas. & Ind. (share %) | Inferred (share %) | Total (share %) | |
|
Boddington
|
Gold
|
10.2 moz (13%)
|
-
|
4.3 moz (8%)
|
-
|
14.5 moz (11%)
|
|
Boddington
|
Copper
|
500 kt (6%)
|
-
|
300 kt (3%)
|
-
|
800 kt (5%)
|
|
Cadia
|
Gold
|
13.5 moz (17%)
|
9.4 moz (25%)
|
9.4 moz (18%)
|
-
|
22.9 moz (18%)
|
|
Cadia
|
Copper
|
2 900 kt (36%)
|
-
|
2 600 kt (30%)
|
-
|
5 500 kt (33%)
|
|
Cadia
|
Silver
|
21.8 moz (7%)
|
-
|
20.2 moz (8%)
|
-
|
42 moz (7%)
|
|
Cadia
|
Molybdenum
|
100 kt (67%)
|
-
|
-
|
-
|
100 kt (67%)
|
|
Lihir
|
Gold
|
16 moz (20%)
|
-
|
2.4 moz (5%)
|
-
|
18.4 moz (14%)
|
|
Peñasquito
|
Gold
|
3.2 moz (4%)
|
-
|
1.6 moz (3%)
|
-
|
4.8 moz (4%)
|
|
Peñasquito
|
Silver
|
230 moz (70%)
|
-
|
139.9 moz (53%)
|
-
|
369.9 moz (62%)
|
|
Peñasquito
|
Zinc
|
1 500 kt
|
-
|
-
|
-
|
1 500 kt
|
|
Peñasquito
|
Lead
|
700 kt
|
-
|
400 kt
|
-
|
1 100 kt
|
|
Ahafo North
|
Gold
|
4.7 moz (6%)
|
2.3 moz (6%)
|
2.3 moz (4%)
|
-
|
7 moz (5%)
|
|
Tanami
|
Gold
|
5.3 moz (7%)
|
1.8 moz (5%)
|
1.8 moz (3%)
|
-
|
7.1 moz (5%)
|
|
Brucejack
|
Gold
|
2.9 moz (4%)
|
-
|
0.6 moz (1%)
|
-
|
3.5 moz (3%)
|
|
Brucejack
|
Silver
|
12.8 moz (4%)
|
-
|
2.2 moz (<1%)
|
-
|
15 moz (3%)
|
|
Cerro Negro
|
Gold
|
3 moz (4%)
|
-
|
0.5 moz (<1%)
|
-
|
3.5 moz (3%)
|
|
Cerro Negro
|
Silver
|
14.4 moz (4%)
|
-
|
1 moz (<1%)
|
-
|
15.4 moz (3%)
|
|
Merian
|
Gold
|
3.38 moz (4%)
|
-
|
1.35 moz (3%)
|
-
|
4.72 moz (4%)
|
|
Red Chris
|
Gold
|
2.52 moz (3%)
|
-
|
2.59 moz (5%)
|
-
|
5.11 moz (4%)
|
|
Red Chris
|
Copper
|
630 kt (8%)
|
-
|
770 kt (9%)
|
-
|
1 400 kt (8%)
|
|
Pueblo Viejo
|
Gold
|
3.28 moz (4%)
|
-
|
0.72 moz (1%)
|
-
|
4 moz (3%)
|
|
Pueblo Viejo
|
Silver
|
14.08 moz (4%)
|
-
|
3.32 moz (1%)
|
-
|
17.4 moz (3%)
|
|
Conga
|
Gold
|
-
|
14.6 moz (40%)
|
14.6 moz (28%)
|
-
|
14.6 moz (11%)
|
|
Conga
|
Copper
|
-
|
-
|
1 800 kt (21%)
|
-
|
1 800 kt (11%)
|
|
Conga
|
Silver
|
-
|
-
|
45.9 moz (17%)
|
-
|
45.9 moz (8%)
|
|
Norte Abierto
|
Gold
|
5.4 moz (7%)
|
5.05 moz (14%)
|
5.05 moz (10%)
|
-
|
10.45 moz (8%)
|
|
Norte Abierto
|
Copper
|
650 kt (8%)
|
-
|
550 kt (6%)
|
-
|
1 200 kt (7%)
|
|
Norte Abierto
|
Silver
|
13.5 moz (4%)
|
-
|
9.05 moz (3%)
|
-
|
22.55 moz (4%)
|
|
Wafi-Golpu
|
Gold
|
2.55 moz (3%)
|
1.45 moz (4%)
|
1.45 moz (3%)
|
-
|
4 moz (3%)
|
|
Wafi-Golpu
|
Copper
|
1 150 kt (14%)
|
-
|
500 kt (6%)
|
-
|
1 650 kt (10%)
|
|
Wafi-Golpu
|
Silver
|
-
|
-
|
3.8 moz (1%)
|
-
|
3.8 moz (<1%)
|
|
NuevaUnión
|
Gold
|
2.55 moz (3%)
|
-
|
1.15 moz (2%)
|
-
|
3.7 moz (3%)
|
|
NuevaUnión
|
Copper
|
2 200 kt (27%)
|
-
|
750 kt (9%)
|
-
|
2 950 kt (18%)
|
|
NuevaUnión
|
Silver
|
23.6 moz (7%)
|
-
|
6.7 moz (3%)
|
-
|
30.3 moz (5%)
|
|
NuevaUnión
|
Molybdenum
|
50 kt (33%)
|
-
|
-
|
-
|
50 kt (33%)
|
|
Galore Creek
|
Gold
|
-
|
2.35 moz (6%)
|
2.35 moz (4%)
|
-
|
2.35 moz (2%)
|
|
Galore Creek
|
Copper
|
-
|
-
|
1 400 kt (16%)
|
-
|
1 400 kt (8%)
|
|
Galore Creek
|
Silver
|
-
|
-
|
29.55 moz (11%)
|
-
|
29.55 moz (5%)
|
|
La Bikina
|
Gold
|
-
|
-
|
0.1 moz (<1%)
|
-
|
0.1 moz (<1%)
|
|
La Bikina
|
Silver
|
-
|
4.5 moz
|
4.5 moz (2%)
|
-
|
4.5 moz (<1%)
|
|
Newmont Consolidated Portfolio (Portfolio)
|
Gold
|
118.2 moz
|
-
|
88.1 moz
|
60.6 moz
|
266.9 moz
|
|
Newmont Consolidated Portfolio (Portfolio)
|
Copper
|
12 400 kt
|
-
|
-
|
-
|
12 400 kt
|
|
Newmont Consolidated Portfolio (Portfolio)
|
Silver
|
326 moz
|
-
|
-
|
-
|
326 moz
|
|
Newmont Consolidated Portfolio (Portfolio)
|
Molybdenum
|
200 kt
|
-
|
-
|
-
|
200 kt
|
|
Newmont Consolidated Portfolio (Portfolio)
|
Zinc
|
1 500 kt
|
-
|
-
|
-
|
1 500 kt
|
|
Newmont Consolidated Portfolio (Portfolio)
|
Lead
|
700 kt
|
-
|
-
|
-
|
700 kt
|
|
Ahafo South (Play)
|
Gold
|
4.1 moz (36%)
|
5.2 moz (73%)
|
5.2 moz (40%)
|
-
|
9.3 moz (38%)
|
|
Yanacocha (Play)
|
Gold
|
0.5 moz (4%)
|
-
|
5.8 moz (45%)
|
-
|
6.3 moz (26%)
|
|
Yanacocha (Play)
|
Copper
|
-
|
-
|
700 kt (90%)
|
-
|
700 kt (85%)
|
|
Yanacocha (Play)
|
Silver
|
19.4 moz (78%)
|
-
|
14.1 moz (64%)
|
-
|
33.5 moz (72%)
|
|
Nevada Gold Mines (NGM) (Play)
|
Gold
|
6.7 moz (59%)
|
1.89 moz (27%)
|
1.89 moz (15%)
|
-
|
8.59 moz (35%)
|
|
Nevada Gold Mines (NGM) (Play)
|
Copper
|
50.05 kt
|
-
|
77 kt (10%)
|
-
|
127.05 kt (15%)
|
|
Nevada Gold Mines (NGM) (Play)
|
Silver
|
5.35 moz (22%)
|
-
|
7.82 moz (36%)
|
-
|
13.17 moz (28%)
|
|
|
Σ Gold
|
78.48 moz
|
36.95 moz
|
52.26 moz
|
-
|
130.73 moz
|
|
|
Σ Copper
|
8 030 kt
|
-
|
8 670 kt
|
-
|
16 700 kt
|
|
|
Σ Silver
|
330.18 moz
|
4.5 moz
|
266.12 moz
|
-
|
596.3 moz
|
|
|
Σ Molybdenum
|
150 kt
|
-
|
-
|
-
|
150 kt
|
|
|
Σ Zinc
|
1 500 kt
|
-
|
-
|
-
|
1 500 kt
|
|
|
Σ Lead
|
700 kt
|
-
|
400 kt
|
-
|
1 100 kt
|
Boddington
Commodity
Gold
Prov. & Prob. (share %)
10.2 moz (13%)
Indicated (share %)
-
Meas. & Ind. (share %)
4.3 moz (8%)
Inferred (share %)
-
Total (share %)
14.5 moz (11%)
Boddington
Commodity
Copper
Prov. & Prob. (share %)
500 kt (6%)
Indicated (share %)
-
Meas. & Ind. (share %)
300 kt (3%)
Inferred (share %)
-
Total (share %)
800 kt (5%)
Cadia
Commodity
Gold
Prov. & Prob. (share %)
13.5 moz (17%)
Indicated (share %)
9.4 moz (25%)
Meas. & Ind. (share %)
9.4 moz (18%)
Inferred (share %)
-
Total (share %)
22.9 moz (18%)
Cadia
Commodity
Copper
Prov. & Prob. (share %)
2 900 kt (36%)
Indicated (share %)
-
Meas. & Ind. (share %)
2 600 kt (30%)
Inferred (share %)
-
Total (share %)
5 500 kt (33%)
Cadia
Commodity
Silver
Prov. & Prob. (share %)
21.8 moz (7%)
Indicated (share %)
-
Meas. & Ind. (share %)
20.2 moz (8%)
Inferred (share %)
-
Total (share %)
42 moz (7%)
Cadia
Commodity
Molybdenum
Prov. & Prob. (share %)
100 kt (67%)
Indicated (share %)
-
Meas. & Ind. (share %)
-
Inferred (share %)
-
Total (share %)
100 kt (67%)
Lihir
Commodity
Gold
Prov. & Prob. (share %)
16 moz (20%)
Indicated (share %)
-
Meas. & Ind. (share %)
2.4 moz (5%)
Inferred (share %)
-
Total (share %)
18.4 moz (14%)
Peñasquito
Commodity
Gold
Prov. & Prob. (share %)
3.2 moz (4%)
Indicated (share %)
-
Meas. & Ind. (share %)
1.6 moz (3%)
Inferred (share %)
-
Total (share %)
4.8 moz (4%)
Peñasquito
Commodity
Silver
Prov. & Prob. (share %)
230 moz (70%)
Indicated (share %)
-
Meas. & Ind. (share %)
139.9 moz (53%)
Inferred (share %)
-
Total (share %)
369.9 moz (62%)
Peñasquito
Commodity
Zinc
Prov. & Prob. (share %)
1 500 kt
Indicated (share %)
-
Meas. & Ind. (share %)
-
Inferred (share %)
-
Total (share %)
1 500 kt
Peñasquito
Commodity
Lead
Prov. & Prob. (share %)
700 kt
Indicated (share %)
-
Meas. & Ind. (share %)
400 kt
Inferred (share %)
-
Total (share %)
1 100 kt
Ahafo North
Commodity
Gold
Prov. & Prob. (share %)
4.7 moz (6%)
Indicated (share %)
2.3 moz (6%)
Meas. & Ind. (share %)
2.3 moz (4%)
Inferred (share %)
-
Total (share %)
7 moz (5%)
Tanami
Commodity
Gold
Prov. & Prob. (share %)
5.3 moz (7%)
Indicated (share %)
1.8 moz (5%)
Meas. & Ind. (share %)
1.8 moz (3%)
Inferred (share %)
-
Total (share %)
7.1 moz (5%)
Brucejack
Commodity
Gold
Prov. & Prob. (share %)
2.9 moz (4%)
Indicated (share %)
-
Meas. & Ind. (share %)
0.6 moz (1%)
Inferred (share %)
-
Total (share %)
3.5 moz (3%)
Brucejack
Commodity
Silver
Prov. & Prob. (share %)
12.8 moz (4%)
Indicated (share %)
-
Meas. & Ind. (share %)
2.2 moz (<1%)
Inferred (share %)
-
Total (share %)
15 moz (3%)
Cerro Negro
Commodity
Gold
Prov. & Prob. (share %)
3 moz (4%)
Indicated (share %)
-
Meas. & Ind. (share %)
0.5 moz (<1%)
Inferred (share %)
-
Total (share %)
3.5 moz (3%)
Cerro Negro
Commodity
Silver
Prov. & Prob. (share %)
14.4 moz (4%)
Indicated (share %)
-
Meas. & Ind. (share %)
1 moz (<1%)
Inferred (share %)
-
Total (share %)
15.4 moz (3%)
Merian
Commodity
Gold
Prov. & Prob. (share %)
3.38 moz (4%)
Indicated (share %)
-
Meas. & Ind. (share %)
1.35 moz (3%)
Inferred (share %)
-
Total (share %)
4.72 moz (4%)
Red Chris
Commodity
Gold
Prov. & Prob. (share %)
2.52 moz (3%)
Indicated (share %)
-
Meas. & Ind. (share %)
2.59 moz (5%)
Inferred (share %)
-
Total (share %)
5.11 moz (4%)
Red Chris
Commodity
Copper
Prov. & Prob. (share %)
630 kt (8%)
Indicated (share %)
-
Meas. & Ind. (share %)
770 kt (9%)
Inferred (share %)
-
Total (share %)
1 400 kt (8%)
Pueblo Viejo
Commodity
Gold
Prov. & Prob. (share %)
3.28 moz (4%)
Indicated (share %)
-
Meas. & Ind. (share %)
0.72 moz (1%)
Inferred (share %)
-
Total (share %)
4 moz (3%)
Pueblo Viejo
Commodity
Silver
Prov. & Prob. (share %)
14.08 moz (4%)
Indicated (share %)
-
Meas. & Ind. (share %)
3.32 moz (1%)
Inferred (share %)
-
Total (share %)
17.4 moz (3%)
Conga
Commodity
Gold
Prov. & Prob. (share %)
-
Indicated (share %)
14.6 moz (40%)
Meas. & Ind. (share %)
14.6 moz (28%)
Inferred (share %)
-
Total (share %)
14.6 moz (11%)
Conga
Commodity
Copper
Prov. & Prob. (share %)
-
Indicated (share %)
-
Meas. & Ind. (share %)
1 800 kt (21%)
Inferred (share %)
-
Total (share %)
1 800 kt (11%)
Conga
Commodity
Silver
Prov. & Prob. (share %)
-
Indicated (share %)
-
Meas. & Ind. (share %)
45.9 moz (17%)
Inferred (share %)
-
Total (share %)
45.9 moz (8%)
Norte Abierto
Commodity
Gold
Prov. & Prob. (share %)
5.4 moz (7%)
Indicated (share %)
5.05 moz (14%)
Meas. & Ind. (share %)
5.05 moz (10%)
Inferred (share %)
-
Total (share %)
10.45 moz (8%)
Norte Abierto
Commodity
Copper
Prov. & Prob. (share %)
650 kt (8%)
Indicated (share %)
-
Meas. & Ind. (share %)
550 kt (6%)
Inferred (share %)
-
Total (share %)
1 200 kt (7%)
Norte Abierto
Commodity
Silver
Prov. & Prob. (share %)
13.5 moz (4%)
Indicated (share %)
-
Meas. & Ind. (share %)
9.05 moz (3%)
Inferred (share %)
-
Total (share %)
22.55 moz (4%)
Wafi-Golpu
Commodity
Gold
Prov. & Prob. (share %)
2.55 moz (3%)
Indicated (share %)
1.45 moz (4%)
Meas. & Ind. (share %)
1.45 moz (3%)
Inferred (share %)
-
Total (share %)
4 moz (3%)
Wafi-Golpu
Commodity
Copper
Prov. & Prob. (share %)
1 150 kt (14%)
Indicated (share %)
-
Meas. & Ind. (share %)
500 kt (6%)
Inferred (share %)
-
Total (share %)
1 650 kt (10%)
Wafi-Golpu
Commodity
Silver
Prov. & Prob. (share %)
-
Indicated (share %)
-
Meas. & Ind. (share %)
3.8 moz (1%)
Inferred (share %)
-
Total (share %)
3.8 moz (<1%)
NuevaUnión
Commodity
Gold
Prov. & Prob. (share %)
2.55 moz (3%)
Indicated (share %)
-
Meas. & Ind. (share %)
1.15 moz (2%)
Inferred (share %)
-
Total (share %)
3.7 moz (3%)
NuevaUnión
Commodity
Copper
Prov. & Prob. (share %)
2 200 kt (27%)
Indicated (share %)
-
Meas. & Ind. (share %)
750 kt (9%)
Inferred (share %)
-
Total (share %)
2 950 kt (18%)
NuevaUnión
Commodity
Silver
Prov. & Prob. (share %)
23.6 moz (7%)
Indicated (share %)
-
Meas. & Ind. (share %)
6.7 moz (3%)
Inferred (share %)
-
Total (share %)
30.3 moz (5%)
NuevaUnión
Commodity
Molybdenum
Prov. & Prob. (share %)
50 kt (33%)
Indicated (share %)
-
Meas. & Ind. (share %)
-
Inferred (share %)
-
Total (share %)
50 kt (33%)
Galore Creek
Commodity
Gold
Prov. & Prob. (share %)
-
Indicated (share %)
2.35 moz (6%)
Meas. & Ind. (share %)
2.35 moz (4%)
Inferred (share %)
-
Total (share %)
2.35 moz (2%)
Galore Creek
Commodity
Copper
Prov. & Prob. (share %)
-
Indicated (share %)
-
Meas. & Ind. (share %)
1 400 kt (16%)
Inferred (share %)
-
Total (share %)
1 400 kt (8%)
Galore Creek
Commodity
Silver
Prov. & Prob. (share %)
-
Indicated (share %)
-
Meas. & Ind. (share %)
29.55 moz (11%)
Inferred (share %)
-
Total (share %)
29.55 moz (5%)
La Bikina
Commodity
Gold
Prov. & Prob. (share %)
-
Indicated (share %)
-
Meas. & Ind. (share %)
0.1 moz (<1%)
Inferred (share %)
-
Total (share %)
0.1 moz (<1%)
La Bikina
Commodity
Silver
Prov. & Prob. (share %)
-
Indicated (share %)
4.5 moz
Meas. & Ind. (share %)
4.5 moz (2%)
Inferred (share %)
-
Total (share %)
4.5 moz (<1%)
Newmont Consolidated Portfolio (Portfolio)
Commodity
Gold
Prov. & Prob. (share %)
118.2 moz
Indicated (share %)
-
Meas. & Ind. (share %)
88.1 moz
Inferred (share %)
60.6 moz
Total (share %)
266.9 moz
Newmont Consolidated Portfolio (Portfolio)
Commodity
Copper
Prov. & Prob. (share %)
12 400 kt
Indicated (share %)
-
Meas. & Ind. (share %)
-
Inferred (share %)
-
Total (share %)
12 400 kt
Newmont Consolidated Portfolio (Portfolio)
Commodity
Silver
Prov. & Prob. (share %)
326 moz
Indicated (share %)
-
Meas. & Ind. (share %)
-
Inferred (share %)
-
Total (share %)
326 moz
Newmont Consolidated Portfolio (Portfolio)
Commodity
Molybdenum
Prov. & Prob. (share %)
200 kt
Indicated (share %)
-
Meas. & Ind. (share %)
-
Inferred (share %)
-
Total (share %)
200 kt
Newmont Consolidated Portfolio (Portfolio)
Commodity
Zinc
Prov. & Prob. (share %)
1 500 kt
Indicated (share %)
-
Meas. & Ind. (share %)
-
Inferred (share %)
-
Total (share %)
1 500 kt
Newmont Consolidated Portfolio (Portfolio)
Commodity
Lead
Prov. & Prob. (share %)
700 kt
Indicated (share %)
-
Meas. & Ind. (share %)
-
Inferred (share %)
-
Total (share %)
700 kt
Ahafo South (Play)
Commodity
Gold
Prov. & Prob. (share %)
4.1 moz (36%)
Indicated (share %)
5.2 moz (73%)
Meas. & Ind. (share %)
5.2 moz (40%)
Inferred (share %)
-
Total (share %)
9.3 moz (38%)
Yanacocha (Play)
Commodity
Gold
Prov. & Prob. (share %)
0.5 moz (4%)
Indicated (share %)
-
Meas. & Ind. (share %)
5.8 moz (45%)
Inferred (share %)
-
Total (share %)
6.3 moz (26%)
Yanacocha (Play)
Commodity
Copper
Prov. & Prob. (share %)
-
Indicated (share %)
-
Meas. & Ind. (share %)
700 kt (90%)
Inferred (share %)
-
Total (share %)
700 kt (85%)
Yanacocha (Play)
Commodity
Silver
Prov. & Prob. (share %)
19.4 moz (78%)
Indicated (share %)
-
Meas. & Ind. (share %)
14.1 moz (64%)
Inferred (share %)
-
Total (share %)
33.5 moz (72%)
Nevada Gold Mines (NGM) (Play)
Commodity
Gold
Prov. & Prob. (share %)
6.7 moz (59%)
Indicated (share %)
1.89 moz (27%)
Meas. & Ind. (share %)
1.89 moz (15%)
Inferred (share %)
-
Total (share %)
8.59 moz (35%)
Nevada Gold Mines (NGM) (Play)
Commodity
Copper
Prov. & Prob. (share %)
50.05 kt
Indicated (share %)
-
Meas. & Ind. (share %)
77 kt (10%)
Inferred (share %)
-
Total (share %)
127.05 kt (15%)
Nevada Gold Mines (NGM) (Play)
Commodity
Silver
Prov. & Prob. (share %)
5.35 moz (22%)
Indicated (share %)
-
Meas. & Ind. (share %)
7.82 moz (36%)
Inferred (share %)
-
Total (share %)
13.17 moz (28%)
Commodity
Σ Gold
Prov. & Prob. (share %)
78.48 moz
Indicated (share %)
36.95 moz
Meas. & Ind. (share %)
52.26 moz
Inferred (share %)
-
Total (share %)
130.73 moz
Commodity
Σ Copper
Prov. & Prob. (share %)
8 030 kt
Indicated (share %)
-
Meas. & Ind. (share %)
8 670 kt
Inferred (share %)
-
Total (share %)
16 700 kt
Commodity
Σ Silver
Prov. & Prob. (share %)
330.18 moz
Indicated (share %)
4.5 moz
Meas. & Ind. (share %)
266.12 moz
Inferred (share %)
-
Total (share %)
596.3 moz
Commodity
Σ Molybdenum
Prov. & Prob. (share %)
150 kt
Indicated (share %)
-
Meas. & Ind. (share %)
-
Inferred (share %)
-
Total (share %)
150 kt
Commodity
Σ Zinc
Prov. & Prob. (share %)
1 500 kt
Indicated (share %)
-
Meas. & Ind. (share %)
-
Inferred (share %)
-
Total (share %)
1 500 kt
Commodity
Σ Lead
Prov. & Prob. (share %)
700 kt
Indicated (share %)
-
Meas. & Ind. (share %)
400 kt
Inferred (share %)
-
Total (share %)
1 100 kt
Reserves & resources — detail — Assumptions & Disclaimers
- Attributable. Per-category cells follow METALPILOT §6 (latest per project × commodity × category). Headline reserve base appears in Asset quality / mix.
- Inferred is shown for context and excluded from headline totals. Petroleum rows may be deduped on development_status.
Royalties & streams · 10
All royalty and stream interests in the database that refer to any asset in this portfolio by name.
| Company | Royalty | ||||
|---|---|---|---|---|---|
| Location | Status | Commodity | Conditions | ||
|
Brucejack
|
🇨🇦 Canada, British Columbia
|
Operating
|
Gold Silver |
British Columbia, Canada | Operator: Newmont Corporation | Precious Metals: Au & Ag | Royalty: NSR: 1.2%
|
|
|
NuevaUnion (Relincho)
|
🇨🇱 Chile, Chile
|
Exploration
|
Gold Copper Molybdenum |
Chile, South America | Operator: Teck Resources Limited / Newmont Corporation | Metals: Cu, Au & Mo | Royalty: NSR: 1.5%
|
|
|
Yanacocha
|
🇵🇪 Peru, Cajamarca
|
Operating
|
Gold (1/5) (0.74 Moz P&P + M&I; 0.18 Moz Inferred) |
1.8% NSR on all minerals. Acquired: August 2024 from Buenaventura for $210M plus $15M contingent payment.
|
|
|
NuevaUnion
|
🇨🇱 Chile, Atacama
|
Development
|
Gold Copper |
2.0% NSR Royalty
|
|
|
Brucejack
|
🇨🇦 Canada, British Columbia
|
Operating
|
Gold |
Mineral Tax Royalty; Annual payment equal to a fixed percentage of the Mineral Tax payable by Newmont in each calendar year under the Mineral Tax Act in respect of Brucejack.
|
|
|
Peñasquito
|
🇲🇽 Mexico, Zacatecas
|
Operating
|
Silver (5/5) (230 Moz P&P + M&I) Gold (3/5) (3.2 Moz P&P + M&I) Zinc (2/5) (1.48 Mt P&P + M&I) |
2.0% NSR royalty on all metals produced from areas subject to our royalty interest at the Peñasquito mine. Acquired in January 2007 from Minera Kennecott S.A. de C.V.
|
|
|
Red Chris
|
🇨🇦 Canada, British Columbia
|
Operating
|
Gold (4/5) (5.18 Moz P&P + M&I) Copper (2/5) (2963 Mlb P&P + M&I) |
1.0% NSR royalty on all metals produced from an area covering approximately 51 square kilometers, which includes the currently known mineralization and prospective exploration areas of Red Chris. Royalty payments are made annually within 90 days of the end of the calendar year.
|
|
|
Norte Abierto
|
🇨🇱 Chile, Atacama
|
Development
|
Gold Silver Copper |
Norte Abierto Cu-Au-Ag royalty (Caspiche + Cerro Casale)
|
Brucejack
Location
Status
Commodity
Conditions
🇨🇦 Canada, British Columbia
Operating
Gold
Silver
British Columbia, Canada | Operator: Newmont Corporation | Precious Metals: Au & Ag | Royalty: NSR: 1.2%
NuevaUnion (Relincho)
Location
Status
Commodity
Conditions
🇨🇱 Chile, Chile
Exploration
Gold
Copper
Molybdenum
Chile, South America | Operator: Teck Resources Limited / Newmont Corporation | Metals: Cu, Au & Mo | Royalty: NSR: 1.5%
Yanacocha
Location
Status
Commodity
Conditions
🇵🇪 Peru, Cajamarca
Operating
Gold (1/5) (0.74 Moz P&P + M&I; 0.18 Moz Inferred)
1.8% NSR on all minerals. Acquired: August 2024 from Buenaventura for $210M plus $15M contingent payment.
Location
Status
Commodity
Conditions
🇨🇱 Chile, Atacama
Development
Gold
Copper
2.0% NSR Royalty
Brucejack
Location
Status
Commodity
Conditions
🇨🇦 Canada, British Columbia
Operating
Gold
Mineral Tax Royalty; Annual payment equal to a fixed percentage of the Mineral Tax payable by Newmont in each calendar year under the Mineral Tax Act in respect of Brucejack.
Peñasquito
Location
Status
Commodity
Conditions
🇲🇽 Mexico, Zacatecas
Operating
Silver (5/5) (230 Moz P&P + M&I)
Gold (3/5) (3.2 Moz P&P + M&I)
Zinc (2/5) (1.48 Mt P&P + M&I)
2.0% NSR royalty on all metals produced from areas subject to our royalty interest at the Peñasquito mine. Acquired in January 2007 from Minera Kennecott S.A. de C.V.
Red Chris
Location
Status
Commodity
Conditions
🇨🇦 Canada, British Columbia
Operating
Gold (4/5) (5.18 Moz P&P + M&I)
Copper (2/5) (2963 Mlb P&P + M&I)
1.0% NSR royalty on all metals produced from an area covering approximately 51 square kilometers, which includes the currently known mineralization and prospective exploration areas of Red Chris. Royalty payments are made annually within 90 days of the end of the calendar year.
Location
Status
Commodity
Conditions
🇨🇱 Chile, Atacama
Development
Gold
Silver
Copper
Norte Abierto Cu-Au-Ag royalty (Caspiche + Cerro Casale)
| Company | Stream | ||||
|---|---|---|---|---|---|
| Location | Status | Commodity | Conditions | ||
|
Pueblo Viejo
|
🇩🇴 Dominican Republic, Sánchez Ramírez
|
Operating
|
Gold (5/5) (20.8 Moz P&P + M&I; 0.46 Moz Inferred) Silver (3/5) (125 Moz P&P + M&I; 2.5 Moz Inferred) |
7.5% of Barrick's 60% interest in payable gold until 990,000 ounces delivered, 3.75% thereafter. 75% of Barrick's interest in payable silver until 50 million ounces delivered, 37.5% thereafter. Cash purchase price is 30% of spot until thresholds met, 60% thereafter. Silver deliveries subject to deferral mechanism if recovery falls below 52.5%.
|
|
|
Peñasquito
|
🇲🇽 Mexico
|
Operating
|
Silver (2/5) (57.5 Moz P&P + M&I) |
25% of payable silver; Per ounce cash payment of $4.62.
|
Pueblo Viejo
Location
Status
Commodity
Conditions
🇩🇴 Dominican Republic, Sánchez Ramírez
Operating
Gold (5/5) (20.8 Moz P&P + M&I; 0.46 Moz Inferred)
Silver (3/5) (125 Moz P&P + M&I; 2.5 Moz Inferred)
7.5% of Barrick's 60% interest in payable gold until 990,000 ounces delivered, 3.75% thereafter. 75% of Barrick's interest in payable silver until 50 million ounces delivered, 37.5% thereafter. Cash purchase price is 30% of spot until thresholds met, 60% thereafter. Silver deliveries subject to deferral mechanism if recovery falls below 52.5%.
Location
Status
Commodity
Conditions
🇲🇽 Mexico
Operating
Silver (2/5) (57.5 Moz P&P + M&I)
25% of payable silver; Per ounce cash payment of $4.62.
Royalties & streams · 10 — Assumptions
- Royalties and streams whose project name refers to any featured asset in this portfolio (matched on normalized asset name across all issuers in the database; accents and diacritics folded) and that share at least one commodity when the interest publishes commodity data. Each interest appears once even when it relates to more than one portfolio asset.
Generic assumptions
- Generic assumptions (this panel) covers modelling choices for the KPI strip and each table section. Generic disclaimers (the panel below) covers investment risk, section-specific notices and data limitations. For definitions, units, reporting standards, cost benchmarks and attribution methods, see the Terminology tab.
- Project counts exclude play-level rollups so the same asset is not double-counted with its parent play.
- When a Portfolio Aggregate row exists, company-level totals (attributable production / reserve base USD) use only that rollup; underlying assets appear only in the per-project sections below.
- Attributable production / reserve base apply the attribution method documented on the Terminology tab (working interest, royalty / stream rate, net of royalty, or gross WI).
- Hydrocarbon production shows source units with an MMboe equivalent for gas (6 Mcf ≈ 1 BOE); estimated production revenue and the mix bar value MMboe-normalised gas at the same $/Bcf × 6 implied $/MMboe.
- USD value lines use the most recent commodity price snapshot. They are not a market valuation of the company.
- 'Operating' reflects each asset's operating status. 'Strategic' reflects the strategic flag on the asset.
Generic disclaimers
- The information on this page is provided for informational and educational purposes only. It is not investment advice, not a recommendation to buy, sell or hold any security, commodity, derivative or other financial instrument, and not an offer or solicitation in any jurisdiction.
- Metal Pilot compiles, normalises and presents data drawn from publicly available sources. We make no representation or warranty, express or implied, as to the accuracy, completeness, timeliness, fitness for a particular purpose, or non-infringement of any data on this page. Figures may be incomplete, out of date, misclassified, mis-attributed or incorrect.
- Always verify every figure with the original public disclosure (the company's annual report, NI 43-101 / NI 51-101 / SEC / JORC / SAMREC / PERC / PRMS / COGEH technical report, MD&A, investor presentation, press release, regulator filing or equivalent primary source) before making any investment, trading, lending, commercial, legal or operational decision. The primary source always prevails over Metal Pilot's normalised view.
- To the maximum extent permitted by applicable law, Metal Pilot, its affiliates, contributors and licensors disclaim all liability for any loss, damage, claim, cost or expense of any kind (including direct, indirect, incidental, consequential, special, punitive or exemplary losses, loss of profits, loss of opportunity, trading losses, investment losses or reputational losses) arising out of or in connection with reliance on, or use of, any information on this page.
- Metal Pilot is not a registered investment adviser, broker-dealer, mineral / petroleum qualified person or competent person, technical evaluator, accountant or lawyer. The presentation of data on this page does not constitute a qualified person's report, a competent person's statement, an audit, a fairness opinion or a valuation.
- By using this page you acknowledge that all investment and commercial decisions are made at your own risk and that any reliance on the information shown here is your own responsibility.
- KPI tiles are convenience aggregations only. They are not guidance, not a forecast, not a valuation, and may exclude assets that the company itself reports as material. Always verify with the most recent 10-K / 20-F / 40-F / annual report and the underlying technical reports.
- Counts and country flags are derived from the company's own classification. Some assets may be reported under joint ventures, holding companies or special-purpose vehicles, which may change the apparent country or operator profile relative to a strict beneficial-ownership view.
- Mining reserve and resource estimates are subject to geological, metallurgical, environmental, permitting, infrastructure and market-price risk. A Probable or Proven label does not guarantee that the ounces / tonnes will ever be mined. AISC and C1 are non-GAAP metrics computed under company-specific definitions and are not strictly comparable between companies.
- Portfolio-level rollups are convenient for company-vs-company comparisons but can mask asset-level concentration risk: a single producing field or mine may account for the majority of the rollup figure.
- Adding categories across uncertainty levels (e.g. adding Inferred to M+I, or adding 3P to 2P) is statistically incorrect because the underlying probability distributions are different. Do not infer a single 'total resource' by summing rows of different categories.
- Snapshot in time. Reserves, resources, production, costs, NPV and grade figures are dated to the effective date of the source document; operating results may have changed materially since publication.
- Estimates, not certainties. Reserves and resources are estimates prepared under defined codes; even classified reserves carry stated probability ranges, and resources carry significantly higher uncertainty.
- Heterogeneous standards. Mining categories (Proven, Probable, Measured, Indicated, Inferred) and petroleum categories (1P, 2P, 3P, 1C, 2C, 3C, 1U, 2U, 3U) are not directly comparable across codes or even across companies. Definitions live on the Terminology tab.
- Attribution mathematics. Volumes may be on a gross (100 %), company gross working-interest, or company net (after royalty / entitlement) basis. See the Terminology tab → Attribution methods.
- Currency and units. Costs and NPV are shown in the currency the company reports them in; no FX adjustment is applied to historical figures. Volumes are normalised to the commodity display unit when a conversion is defined.
- Aggregation choices. When a Portfolio Aggregate row exists, snapshot KPIs use only that rollup so the same barrel / tonne is not counted twice; play-level rollups never feed company-level totals.
- Coverage gaps. A blank cell (–) means the company did not disclose the figure under the reporting standard we tracked, or the figure was not machine-extractable. It does not mean the figure is zero.
- Possible data errors. Despite our QC pipeline, individual figures may be misread, mis-categorised, attached to the wrong commodity or the wrong effective date. Always verify against the original filing before relying on any number for a decision.
- The tables below list unit codes most often used in the Precious Metals sector for this company. MetalPilot stores contained metal or product in the codes below; grade and tonnage use separate fields. In side-by-side comparison views (stock page Portfolio tab, watchlist By sector), heterogeneous source units are converted to each commodity's preferred display unit (for example Moz Au, kt Cu, MMbbl oil) before summing; the same canonical codes appear in project data.
- The Portfolio tab presents a project-level view of the company's reported assets, built from publicly disclosed information (technical reports, annual filings, MD&A, investor presentations, MRMR / R&R statements, NI 43-101 / NI 51-101 / SEC S-K 1300 / SEC S-K 1200 / JORC / SAMREC / PERC / PRMS / COGEH filings, and similar primary sources).
- Figures are grouped by project type (mining, oil & gas, royalty, stream, processing facility, development, portfolio aggregate) and are shown alongside the headline reserve base, headline production, headline grade / quality, cost benchmarks, estimated lifetime, commercial terms (for royalties / streams), operational capacity (for processing) and a single-figure rating where the underlying data supports one.
- Each data table on the Portfolio tab is followed by ONE Assumptions footnote describing the modelling choices for that table; KPI stat-card assumptions appear in the bottom block instead. All legal and section disclaimers are merged into a single disclaimer list at the bottom of the Portfolio tab.
- Resources vs Reserves. Resources are geological estimates that could one day be mined; Reserves are the subset with a feasibility study and plausible positive economics. Measured → Indicated → Inferred describe increasing geological uncertainty; Proven → Probable are reserve labels from Measured/Indicated. Inferred resources are not convertible to reserves under most codes.
- Grade (g/t) is the headline number on gold/silver pages. High-grade is often above 5 g/t; >10 g/t is bonanza territory; below 1 g/t is bulk low-grade. Open-pit cut-offs are typically lower than underground.
- AISC (All-In Sustaining Cost) is direct cash costs + sustaining capex + royalties + corporate overhead + reclamation, per ounce produced. C1 strips sustaining capex and corporate overhead. Both are non-GAAP and defined differently across issuers.
- By-product credits. Polymetallic deposits credit by-product value against the main metal cost; negative AISC after credits does not mean the main metal is sold below cash cost.
- Portfolio KPIs — company-level headline numbers aggregated from the featured projects (project counts, attributable annual production by commodity, attributable resource base by commodity, last filing date, operator share). USD value lines multiply attributable volumes by the resolved snapshot price.
- Portfolio snapshot — one-screen summary of the portfolio: counts by type and status, country mix, reporting standards used, operator share, primary commodity, attributable annual production summary and attributable resource base summary.
- Mining — one row per mining project, with columns for project name, location, status, primary commodities, production (with rating), reserves & resources (with rating), grade (with rating), costs and estimated lifetime. Multi-commodity projects emit one summary row per commodity.
- Royalty — one row per royalty interest held by the company. Columns cover the underlying project, operator, commodity, commercial terms (rate, type, cap, area-of-interest), attributable production, attributable reserves and estimated lifetime.
- Stream — one row per metal stream held by the company. Each row shows the underlying project, the streamed commodity, the headline stream percentage, the ongoing per-ounce / per-tonne payment, and attributable production / reserves.
- Processing facilities — one row per midstream / processing facility (pipeline, fractionator, LNG train, storage cavern, refinery, smelter, mill, heap-leach pad, CPP, etc.). Columns include nameplate capacity, contracted capacity, feedstock commodities and operational footprint.
- Development — projects in development status or in a pre-production lifecycle phase. The production column is re-labelled 'Targeted production (rating)' to highlight that the figures are plans, not actuals.
- Portfolio Aggregate — a single company-level row used when the company itself publishes a portfolio rollup (e.g. company-wide 2P barrels across all properties).
- Reserves & resources — detail — a leaf-category pivot showing every reserve and resource category disclosed across the projects.
- NPV (grouped) — all NPV rows captured from the filings, grouped by commodity, resource category, development status and pricing case. Each NPV figure is shown with its discount rate, basis (before-tax / after-tax), currency and value scale.
- Ownership percentage means the company's working-interest share of the asset: its slice of the project before royalties and before government take. It is shown on a 0–100 scale.
- Mines, oil and gas fields, and processing facilities — this is how much of the asset belongs to the company under that working-interest idea. One hundred percent is fully owned; a lower number usually means partners share the rest.
- Royalties and streaming agreements — the percentage is often not the story; what matters economically is usually the royalty or stream rate, shown elsewhere alongside these figures.
- Oil and gas — read this as gross working interest only. Do not treat it as net production or net wells after royalties; when filings distinguish gross from net, that shows up in how the resource numbers themselves are labelled.
- Below 100% — the short summary for each project names other owners and their stakes when the source says who they are.
- NRI vs WI (O&G). Working interest (WI) is the obligation to pay a share of costs; net revenue interest (NRI) is the share of revenue after royalties and overriding-royalty interests. A 100% WI well rarely produces 100% NRI; typical onshore U.S. NRI is 75–87.5% of WI depending on the lease royalty.
- Operator vs non-operator. The operator runs day-to-day operations; non-operating partners pay their WI share of costs but do not run the asset. Some Portfolio rows show operator share where disclosed.
Unit codes, conversion cheat sheets, cost benchmarks (AISC, C1–C3), reporting standards (NI 43-101, JORC, SEC S-K 1300) and resource/reserve category definitions live in the full terminology & units reference.
Each table lists the numeric band for scores 1–5 (production and resource base; grade where applicable for mining commodities) using the same thresholds as project rating stat cards. Only commodities that appear on featured projects for this document are listed.
Gold
1 / 5
0–50 koz Au
0–1 Moz Au
0–1 g/t Au
2 / 5
50–125 koz Au
1–2.5 Moz Au
1–2 g/t Au
3 / 5
125–250 koz Au
2.5–5 Moz Au
2–5 g/t Au
4 / 5
250–500 koz Au
5–10 Moz Au
5–8 g/t Au
5 / 5
≥ 500 koz Au
≥ 10 Moz Au
≥ 8 g/t Au
Silver
1 / 5
0–1 Moz Ag
0–25 Moz Ag
0–50 g/t Ag
2 / 5
1–3 Moz Ag
25–75 Moz Ag
50–100 g/t Ag
3 / 5
3–7 Moz Ag
75–150 Moz Ag
100–200 g/t Ag
4 / 5
7–12 Moz Ag
150–225 Moz Ag
200–300 g/t Ag
5 / 5
≥ 12 Moz Ag
≥ 225 Moz Ag
≥ 300 g/t Ag
Copper
1 / 5
0–100 Mlb Cu
0–1000 Mlb Cu
0–0.5 % Cu
2 / 5
100–250 Mlb Cu
1000–4000 Mlb Cu
0.5–1 % Cu
3 / 5
250–500 Mlb Cu
4000–10000 Mlb Cu
1–1.5 % Cu
4 / 5
500–1000 Mlb Cu
10000–20000 Mlb Cu
1.5–2 % Cu
5 / 5
≥ 1000 Mlb Cu
≥ 20000 Mlb Cu
≥ 2 % Cu
Zinc
1 / 5
0–50 kt Zn
0–1 Mt Zn
0–2.5 % Zn
2 / 5
50–150 kt Zn
1–3 Mt Zn
2.5–5 % Zn
3 / 5
150–300 kt Zn
3–7 Mt Zn
5–8 % Zn
4 / 5
300–500 kt Zn
7–15 Mt Zn
8–12 % Zn
5 / 5
≥ 500 kt Zn
≥ 15 Mt Zn
≥ 12 % Zn
Lead
1 / 5
0–25 kt Pb
0–0.5 Mt Pb
0–1 % Pb
2 / 5
25–75 kt Pb
0.5–1.5 Mt Pb
1–2.5 % Pb
3 / 5
75–150 kt Pb
1.5–4 Mt Pb
2.5–5 % Pb
4 / 5
150–300 kt Pb
4–8 Mt Pb
5–8 % Pb
5 / 5
≥ 300 kt Pb
≥ 8 Mt Pb
≥ 8 % Pb
Molybdenum
1 / 5
0–5 Mlb Mo
0–50 Mlb Mo
0–0.03 % Mo
2 / 5
5–15 Mlb Mo
50–200 Mlb Mo
0.03–0.06 % Mo
3 / 5
15–30 Mlb Mo
200–500 Mlb Mo
0.06–0.12 % Mo
4 / 5
30–50 Mlb Mo
500–1000 Mlb Mo
0.12–0.2 % Mo
5 / 5
≥ 50 Mlb Mo
≥ 1000 Mlb Mo
≥ 0.2 % Mo
Copper uses Mlb Cu bands because featured projects include lb-scale contained units on copper rows. Lithium grade uses hard-rock % Li₂O bands unless brine-style extraction or brine units appear on featured projects.
- Presented values are denominated in currency of the country where the company is headquartered. Values like market capitalization might differ from the values visible in other parts of the page, where the currency is always USD.
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