Newmont Updates on Boddington Bushfires, Q1 2026 Gold Output Impact Expected

On January 6th, Newmont provided an update on the bushfires near its Boddington Mine in Western Australia, noting that the fires were contained on December 28, though ongoing monitoring will be required. No injuries were reported and critical infrastructure remained secure, although a portion of the site’s water supply infrastructure was damaged.

Operations were suspended on December 24 and have since resumed. However, the processing plant is currently operating at 50–60% capacity until the main water supply is restored, which is expected by February. Newmont estimates an impact of approximately 60 koz of gold in Q1 2026, while 2025 production was not affected.