Reach full operating capacity at the Peñasquito mine
Delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 26 Oct 2023
- Due
- 31 Dec 2023
- Delivered
- Q4 2023
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“Newmont expects to reach full operating capacity by the end of the fourth quarter.”
What we found
Evidence strength A What the grades mean
Newmont confirmed that operations at the Peñasquito mine resumed in the fourth quarter of 2023 following the resolution of a labor strike, indicating the commitment to reach full operating capacity was met.
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A Newmont 8-K filed 2024-02-22
“Notably, Peñasquito safely ramped up operations after a resolution of the labor strike was reached with the National Union of Mine and Metal Workers of the Mexican Republic ("the Union") on October 13, 2023.” ✓ confirmed on the page
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A Newmont 10-Q filed 2024-07-25
“The Company reached an agreement with the Union and operations at Peñasquito resumed in the fourth quarter of 2023.” ✓ confirmed on the page
Market reaction: the shares moved -12.0% against the S&P 500 over the three sessions around the disclosure (21 Feb 2024 to 26 Feb 2024). What this measures
Checked 19 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Capacity change
- Indicative materiality
- Medium rules
- Action
- Reach
- Deliverable
- full operating capacity at Peñasquito
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- High
- Specificity
- High
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2023-NEM-015264 · Corrections policy