NEMNewmont

We note that your cumulative losses before income and mining tax and other items for the Yanacocha segment over the last three years amount to $3.2 billion; and that annual losses exceeded revenues for the segment in each of the three years.

Rest of the question

Given the consecutive operating losses and $2.1 billion in total assets reported for the Yanacocha segment, please explain to us how you assessed the long-lived assets of the segment for recoverability in determining there was no impairment in 2023 or 2022, and in booking the $1 million impairment in 2021. Please submit the analysis that you performed in making these determinations, including details of all key assumptions involved and the basis for those assumptions.

Further to your conversation on May 29, 2024 with my colleague,

Logan Hennessey, Deputy General Counsel and Corporate Secretary, I am writing to confirm the Company’s request for a ten

(10) business day extension to the deadline for responding to the comment raised by the Staff of the Securities and Exchange

Commission’s Division of Corporate Finance (the “Staff”) in its letter to the Company, dated May 23, 2024

(the “Comment Letter”), with respect to the above referenced Form 10-K. On that basis, the Company expects to respond to the Comment Letter by no later than Friday, June 21, 2024.

Rest of the answer

We extend our thanks to the Staff for allowing this extension.

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