Start 30 days free, no card. Full Pro access for a month, then decide. Start free
Analyst
Anita Soni
Period: Reporting periods mapped to calendar 2025 Q1 – 2026 Q2 (6 quarters).
- Questions
- 13on tracked calls
- Challenge rate
- 0%none of 13 questions
- Companies
- 1questioned at least once
- Reporting periods
- 6with questions
These figures cover the whole profile: every tracked question, all reporting periods.
How to read these numbers
Challenge rate is the share of questions that pushed back, pressed for specifics or questioned management’s assumptions. It describes how questions were asked on the calls tracked here; it does not measure whether any view turned out to be right.
Rounding. Rates are rounded to whole percentages, so a small share can show as 0% even when some questions were challenging. The count beside each rate is exact; “none of N questions” means no question was challenging.
No questions recorded. “—” means there is nothing to calculate: no questions were recorded for that period on the calls tracked here. It does not mean there was no activity.
Fewer than 3 questions. A company-level rate is withheld when fewer than 3 questions were recorded for that company; the questions are still counted everywhere else.
Small samples. Profiles with fewer than 10 questions are marked Limited sample.
Reporting periods. Questions are grouped by the calendar quarter each company’s fiscal reporting period maps to, not by the date of the call. Periods without a calendar mapping are listed separately under their fiscal label.
Questions asked
Grouped by company, most questions first. Open a company to read its questions, newest reporting period first.
Showing 13 of 13 questions from 1 company
NEMNewmont13 questions · 6 reporting periods · 0 of 13 challenging
Calendar 2026 Q2
I know the there’s a split of 63% of development capital in the back half and 58% of sustaining capital in the back half
Show response
CFO gave the roughly $150 million Q2-to-Q3 step-up and named the tailings, ventilation and nearshore barrier programs driving it.
why does the regulator feel that it’s necessary, that it was okay to restart the operating caves
Show response
CEO explained mature caves are at background seismicity while cave establishment generates seismic activity managed by trigger-action-response plans.
I just had a question with respect to Arcadia and the restart activities. Has everything resumed operations
Show response
CEO separated the operating caves (back in production) from cave establishment at PC12 and PC23, which remains halted.
Calendar 2026 Q1
could you give us an indication of what grade those stockpiles are at right now?
Show response
CEO could not provide the stockpile grade on the call and deferred to IR for follow-up, leaving a gap in visibility on Q2 mill feed quality during Cadia recovery.
Have you had any discussions with Barrick on bringing that into the joint venture partnership at this stage
Show response
CEO gave a brief, non-committal response indicating ongoing technical evaluation of Fourmile with no indication of active negotiation with Barrick on JV inclusion.
Calendar 2025 Q4
On the capital allocation framework, you said plus the net cash position of $1 billion, but I see plus or minus $2 billion. I think maybe someone else mentioned plus or minus $1 billion. I want to ...
Show response
Peter Wexler confirmed $1B net cash target plus or minus $2B. Range designed to withstand commodity cycle volatility and ensure fixed dividend payability. Can flex based on cost cycle, price cycle, and nearshore project needs.
Just seeing the total spend to date is about $1.3 billion, and you're spending about $3.5 -- sorry, $350 million, $330 million this year. And the project total is $1.7 billion to $1.8 billion with ...
Show response
Natascha confirmed Tanami Expansion 2 is on track to hit the $1.7-1.8B budget despite $1.3B already spent with significant work remaining.
Calendar 2025 Q3
They had a really, really strong quarter this quarter. Is that expected to continue into the fourth quarter?
Show response
Q4 production slightly below Q3 as Quecher Main pit mining concludes. Production will rely on injection leaching of heap leaches going forward.
are you assuming Cadia is going to drop off in grade next year? Or could you see some positive surprise on that side as well?
Show response
Models predict grade decrease at Cadia in 2026 as PC1/PC2 wind down. Positive reconciliations seen this year but planning conservatively based on model estimates.
Calendar 2025 Q2
I just want to get an understanding why the capital spending was shifted. I think you said it was deliberately
Show response
Natascha explained deliberate deferrals: Lihir asset integrity work needs proper planning, Tanami ventilation enhancement, and Red Chris/Brucejack seasonal summer works.
I think you had mentioned that there was an initial fall of ground. And then the -- and the workers were asked to go to a refuge station
Show response
Tom provided details: first fall of ground 200m down the decline, workers directed to refuge chamber. Second larger fall blocked access and took out communications. Working on re-establishing communication and dual rescue approaches.
Calendar 2025 Q1
are there any regions where you're concerned about your investments or changes in government stance on royalties and taxes
Show response
Tom emphasized deliberate jurisdiction selection with rule of law and stability agreements. No particular risks seen across Australia, PNG, Ghana, Canada, Mexico, Suriname, Peru, Argentina.
are you looking to perhaps invest in some smaller scale projects or improve your sort of JV portfolio or things like that?
Show response
Tom ruled out new investments for now, focused on stability and delivering from existing portfolio with disciplined $1.3B development capital cap.
Challenge rate by company
Every company this analyst questioned, most questions first. A company-level rate is shown from 3 questions; below that it is withheld.
| Company | Questions | Challenge rate |
|---|---|---|
| NEM Newmont | 13 | 0%none of 13 questions |
- NEMNewmont · 13 questions0%none of 13 questions
Activity by reporting period
Questions recorded for each calendar quarter that companies’ reporting periods map to (not the call date), with the challenge rate for that period. Periods inside the range with no questions are shown as “No questions recorded”.
| Calendar period | Questions | Challenge rate | Companies |
|---|---|---|---|
| 2025 Q1 | 2 | 0%none of 2 questions | 1 |
| 2025 Q2 | 2 | 0%none of 2 questions | 1 |
| 2025 Q3 | 2 | 0%none of 2 questions | 1 |
| 2025 Q4 | 2 | 0%none of 2 questions | 1 |
| 2026 Q1 | 2 | 0%none of 2 questions | 1 |
| 2026 Q2 | 3 | 0%none of 3 questions | 1 |
- 2025 Q12 questions · challenge rate 0% (none of 2 questions) · 1 company
- 2025 Q22 questions · challenge rate 0% (none of 2 questions) · 1 company
- 2025 Q32 questions · challenge rate 0% (none of 2 questions) · 1 company
- 2025 Q42 questions · challenge rate 0% (none of 2 questions) · 1 company
- 2026 Q12 questions · challenge rate 0% (none of 2 questions) · 1 company
- 2026 Q23 questions · challenge rate 0% (none of 3 questions) · 1 company
Topics
Topics tagged on this analyst’s questions.
- Capex Investment5
- Regulation Policy3
- Revenue Growth3
- Guidance Reliability2
- M&A2
- Demand1
- Capital Allocation1
- Cost Pressure1
- Macroeconomic1