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Newmont Delivers Solid First Quarter 2021 Results Newmont TM On track to meet full - year guidance with solid first quarter results ; Newmont continues to invest in the Company's future and diverse world - class portfolio DENVER , April 29 , 2021 - Newmont Corporation ( NYSE : NEM , TSX : NGT ) ( Newmont or the Company ) today announced first quarter 2021 results . FIRST QUARTER 2021 HIGHLIGHTS ✓ Produced 1.5 million attributable ounces of gold and 317 thousand attributable gold equivalent ounces from co- products Reported gold CAS * of $ 752 per ounce and AISC * of $ 1,039 per ounce Generated $ 841 million of cash from continuing operations and $ 442 million of Free Cash Flow ( 99 percent attributable to Newmont ) * ✓ Full - year production continues to be back - half weighted , in line with 2021 guidance ** ✓ Declared first quarter dividend of $ 0.55 per share , consistent with the previous quarter * *** ✓ ✓ ✓ Ended the quarter with $ 5.5 billion of consolidated cash and $ 8.5 billion of liquidity with a net debt to adjusted EBITDA ratio of 0.2x Reduced $ 550 million of debt outstanding with available cash in April 2021 Executed $ 3.0B sustainability - linked revolving credit facility , demonstrating Newmont's unwavering commitment to industry - leading environmental , social and governance ( ESG ) practices First production from Boddington Autonomous Haulage System , delivering safety and productivity improvements ; leading the way as the industry's first autonomous haulage fleet Announced acquisition of GT Gold , * located in the prospective Golden Triangle adding profitable copper and gold exposure to Newmont's industry - leading project portfolio Continued focus on fatality prevention through global application of critical controls " In the first quarter we delivered a solid financial performance with $ 1.5 billion in adjusted EBITDA and $ 442 million in free cash flow , putting Newmont on track to achieve our full - year guidance with improving production expected in the second half of the year . We remain confident in the strength of our business as we invest in our world - class portfolio , strengthening the balance sheet and sustaining our quarterly dividend of $ 0.55 per share , " said Tom Palmer , President and Chief Executive Officer . " We remain focused on proactively eliminating risks that could lead to a fatality and continue to lead the industry with our safety and sustainability practices . We believe that strong ESG performance is a key indicator of a well - managed business and we continue to hold ourselves accountable to create value and improve lives through sustainable and responsible mining . " - Tom Palmer , President and Chief Executive Officer * Non - GAAP metrics ; see pages 11-25 for reconciliations . ** See cautionary statement at end of release regarding forward - looking statements . *** See the cautionary statement at the end of this release , including with respect to future dividends . + The GT Gold transaction is expected to close in the second quarter of 2021 , subject to meeting normal closing conditions . See the Company's news release , dated March 10 , 2021 , for additional information . NEWMONT FIRST QUARTER 2021 RESULTS | NEWS RELEASE 1