Newmont Corp. (ASX:NEM) said its gold production at the Boddington mine in Western Australia will be reduced in the first quarter following damage to water-supply infrastructure from a nearby bushfire that began in mid-December and continues to burn.
The Colorado-based miner estimated the disruption could lower first-quarter output by about 60,000 troy ounces, with its processing plant running at 50–60% capacity until repairs to the main water supply are completed, expected next month.
The company added that 2025 production forecasts remain unaffected, as operations were largely maintained in the final weeks of last month.
Newmont confirmed that the mine pit, processing facilities, tailings storage, and key administrative buildings were unharmed.
Employees and contractors are safe, and no serious injuries have been reported, although the bushfire "remains active and will require continual monitoring and management in the weeks ahead," the company said.
At the time of reporting, Newmont Corp's share price was $109.20.