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Newmont Newmont Announces Solid Second Quarter 2021 Results TM Newmont delivers solid second quarter results ; clear strategy to deliver value from our world - class portfolio of long - life , responsibly managed assets 46 DENVER , July 22 , 2021 - Newmont Corporation ( NYSE : NEM , TSX : NGT ) ( Newmont or the Company ) today announced second quarter 2021 results . SECOND QUARTER 2021 HIGHLIGHTS wwmont Produced 1.4 million attributable ounces of gold and 303 thousand attributable gold equivalent ounces from co products Reported gold CAS * of $ 755 per ounce and AISC * of $ 1,035 per ounce Full - year results continue to be back - half weighted , in line with guidance ranges Generated $ 993 million of cash from continuing operations and $ 578 million of Free Cash Flow ( 97 percent attributable to Newmont ) * ** Declared second quarter dividend of $ 0.55 per share , consistent with the previous quarter Completed $ 149 million of share repurchases from $ 1 billion buyback program Ended the quarter with $ 4.6 billion of consolidated cash and $ 7.6 billion of liquidity with a net debt to adjusted EBITDA ratio of 0.2x *** NEWMONT SECOND QUARTER 2021 RESULTS | NEWS RELEASE Reduced $ 550 million of debt outstanding with available cash in April 2021 Completed acquisition of GT Gold in May 2021 , increasing our interest in the prospective Golden Triangle Approved full funding for Ahafo North in July 2021 , meeting Newmont's internal hurdle rate at the base assumption of $ 1,200 per ounce gold price ; expecting to deliver an internal rate of return of over 30 percent at current prices Published 2020 Annual Sustainability Report , a transparent review of our Environmental , Social and Governance performance Launched first Climate Strategy Report , including pathways to achieve our climate targets * " Throughout our history Newmont has taken an industry - leading approach to environmental , social and governance practices . We published our sustainability and climate - focused reports in the second quarter , demonstrating our commitment to responsible mining and doing our part in addressing climate change , " said Tom Palmer , President and Chief Executive Officer . " Capitalizing on the strength of our assets and integrated operating model , Newmont delivered a solid second quarter performance with $ 1.6 billion in adjusted EBITDA and $ 578 million in free cash flow . Our performance and disciplined approach to capital allocation allowed Newmont to declare a second quarter dividend of $ 0.55 per share , whilst we continue reinvest in our business through our most profitable projects . As we move into our next 100 years of mining , we remain focused on delivering value to all of our stakeholders from our world - class portfolio of long - life , responsibly managed assets located in top tier jurisdictions . " - Tom Palmer , President and Chief Executive Officer * Non - GAAP metrics ; see pages 11-31 for reconciliations . ** See discussion of outlook and cautionary statement at end of release regarding forward - looking statements . *** See cautionary statement and endnotes at the end of this release , including with respect to future dividends and share buybacks . Note that the buyback figure above includes $ 15 million settled after June 30 , 2021 . 1