---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-073025"
form_type: "8-K"
ticker: "NEM"
cik: "0001164727"
company_name: "NEWMONT Corp /DE/"
filed_at: "2023-06-21T23:59:59+00:00"
generated_at: "2026-06-13T19:44:13.904382+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Newmont defers Yanacocha Sulfides investment decision for at least two years

## Summary
- Deferral of full-funds investment decision for Yanacocha Sulfides Project in Peru for at least two years to advance portfolio optimization.
- Targeting at least $2 billion in near-term cash flow improvements within two years post-Newcrest acquisition.
- Reduction of ~$300 million in 2024 development capital expenditures from the deferral.
- Dean Gehring transitions from Yanacocha lead to Chief Integration Officer for the Newcrest acquisition.

## SEC filing metadata
- accession: 0001104659-23-073025
- form_type: 8-K
- ticker: NEM
- cik: 0001164727
- company_name: NEWMONT Corp /DE/
- filed_at: 2023-06-21T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1164727/000110465923073025/0001104659-23-073025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1164727/000110465923073025/tm2315741d7_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-073025
- JSON: https://secwatch.observer/filing/0001104659-23-073025.json
- Plain text: https://secwatch.observer/filing/0001104659-23-073025.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.