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Chicago Tribune
a day ago
- Business
- Chicago Tribune
Elgin News Digest: Recycling event set for Saturday at Elgin Public Works facility; Area 22 Arts, Crafts and Oddities Fair being held downtown
Elgin and Lakeshore Recycling Services will host a community recycling event from 8 a.m. to noon Saturday, Aug. 2, at the Elgin Public Works facility, 1900 Holmes Road. The event is open to all Elgin residents living within city limits and provides an opportunity to recycle electronic waste, dispose of household bulk items and securely shred personal documents, according to a news release. Participation is $20 per vehicle, cash only. Proof of Elgin residency is required at entry. While many items will be accepted, additional fees may apply for certain large items. Limits will apply for shredding and accepted materials. Residents are encouraged to review the full list of accepted items, applicable fees and restrictions in advance by going to Side Street Studio Arts' second annual Area 22 Arts, Crafts and Oddities Fair will be held from 1 to 7 p.m. Saturday, Aug. 2, on Riverside Drive in downtown Elgin. The event will showcase and sell visual arts creations and collections of artists from around the area, with a nod toward the unusual, according to the Side Street Studio Arts website. It will also feature live art and sculpture making, entertainment, food and beverages, and family activities. For more information, go to call 847-429-2276 or email info@ State Rep. Dan Ugaste, R-Geneva, will host a Constituent Coffee event from 8 to 9 a.m. Wednesday, July 30, at First Watch, 1702 Commons Drive in Geneva. Residents can stop by for a cup of coffee or breakfast beverage and speak with Ugaste about issues important to them and the 65th District, organizers said. Ugaste represents District 65, which includes parts of Kane and DuPage counties. For more information, contact Ugaste's office at 630-797-5530 or go to Tickets are on sale for Arthur Miller's 'A View From The Bridge,' being presented Thursday through Sunday, July 31 to Aug. 3, at Geneva Park District's Playhouse 38 at 321 Stevens St. Performances will be at 7 p.m July 31 and Aug. 1-2 and 2 p.m. Aug. 3. The production is is recommended for audience members 13 and older due to mature themes, officials said. Tickets in advance can be purchased at or in person at Sunset Community Center or Stephen Persinger Recreation Center in Geneva. For more information, go to or call 630-232-4542.
Straits Times
3 days ago
- Entertainment
- Straits Times
Celeb Pawrents: Comedian Kumar's maltipoo Coffee makes special appearances in latest show
Singaporean comedian Kumar with Coffee, one of his four dogs, at his comedy production S.O.S. Kumar at Sands Theatre. SINGAPORE – Audiences oohed and aahed when Kumar took his maltipoo Coffee out with him during a segment of his latest comedy production, S.O.S. Kumar. The local comedian, 56, also proudly displayed a photo of his four fur kids – all male maltipoos – as he wanted to share how cute they are and the place they hold in his heart. Three-year-old Coffee is the calmest – compared with Cookie, seven; Latte, two; and Biscuit, one – and is oblivious to the stage lights and cheers from audience members. However, Kumar is still careful to take him on stage only during quieter moments and avoid loud music or applause that might cause distress. His dogs have been 'guest stars' in his previous live shows, with Latte having the honour of first sharing the stage in 2024's Kumar Uncut. S.O.S. Kumar, now running at the Sands Theatre at Marina Bay Sands until Aug 3, is a tongue-in-cheek celebration of Singapore's 60th birthday. As Marina Bay Sands does not allow pets on its premises except service animals, a special permit – which takes about three months to obtain – is needed for Kumar to take his dog to the Sands Theatre. 'I also have a pet sitter to look after Coffee in the room when I'm on stage,' says Kumar. Top stories Swipe. Select. Stay informed. Singapore Tanjong Katong Road South closed for repairs after car fell into sinkhole Asia Trump says Thailand and Cambodia agree to hold immediate ceasefire talks Singapore Mum at 15: More teens in Singapore gave birth in 2024 Singapore HSA will not trace vape users who throw away e-vaporisers in disposal bins at 23 CCs World Israel resumes airdrop aid to Gaza, military says World Turkey marks 50.5 deg C heat record in south-east Business Already owning 5 properties, woman wanted elderly dad's 4 homes Opinion Metallurgy degree for IT job in Singapore? Why not, says Tata Consultancy's growth markets chief The veteran entertainer, who is one of Singapore's beloved comedians and known for his bold humour, has always been a dog person. 'I was always with dogs,' he says, describing a childhood spent at the Society for the Prevention of Cruelty to Animals (SPCA), as his father worked at the agency and cared for the animals at night. Despite this early exposure, Kumar became a pawrent only around 2013 when he moved to his own HDB flat. 'I never had the opportunity to have my own dog as I never owned a house,' he says. He welcomed Oreo, a female Scottish terrier, followed by Cookie in 2018. Oreo died in 2022 after ingesting rat poison . A blood test confirmed the poisoning, but it was too late to save the dog . 'I found out only later that a few dogs around the neighbourhood also died from rat poison,' Kumar says, adding that he now advises people to ask for blood tests if their pets are unwell. Kumar has four maltipoos: (From left) Biscuit, one; Coffee, three; Latte, two; and Cookie, seven. PHOTO: KUMAR Kumar bought Coffee, while Latte and Biscuit were gifted by his manager. 'Cookie is the most manja (Malay for affectionate) and is the attention-seeker. He may be the oldest, but he still throws tantrums at times,' says Kumar, adding that the dog likes to get extra hugs. Coffee is loyal, always following Cookie's lead, while Latte is Kumar's shadow. 'He likes to sit by my feet and goes wherever I go in the house,' adds the funnyman. Biscuit, says Kumar, is playful and mischievous, and is often found chewing on something he should not. 'If Biscuit is missing for more than 10 minutes, I know he's up to something,' he says, laughing, recounting a time when the dog finished off food left on the dining table, cleverly avoiding the chilli and onions. The dogs have sibling-like dynamics. 'They have different ages, like children. Sometimes they get along, sometimes they don't, but they all sleep together and are very much part of the family,' he adds. Kumar's dogs make a special appearance at his S.O.S. Kumar comedy production at Sands Theatre. PHOTO: BASE ENTERTAINMENT ASIA Kumar bought landed property in 2024 to give his dogs more space. He moved out of his HDB flat as, according to its rules, only one dog is allowed in each residential unit. 'I didn't want to get into any trouble. My neighbours were fine with my dogs, but I feared that other people in the neighbourhood might complain,' he says. While Kumar is a hands-on pawrent, he has a helper to look after his dogs when he is travelling or working late. 'I will get jealous when they become too close to her, so I make sure they sleep with me at night,' says Kumar, adding that each dog has a favourite position on his king-size bed. Coffee sleeps on Kumar's right, while Latte is on the left, often hugging Kumar. Biscuit sleeps near his head, sometimes resting his head on the comedian. Though Cookie sleeps on the bed with Kumar, the eldest dog prefers the floor. Kumar spares no expense on his furry companions, spending over $2,000 a month on food, grooming and transportation. 'I work very hard to provide for them,' he says, emphasising that his dogs are family. Their well-being is a top priority and he credits them with providing unconditional love and emotional support. 'They are always happy to see me, no matter how long I've been away, and will always greet me when I step into the house,' Kumar says, adding that their presence brings much joy, love and comfort. 'When you're sad, they come to you. They know when you're angry because your tone changes. They're very intuitive.'
National Post
5 days ago
- Business
- National Post
Newmont Reports Second Quarter 2025 Results
Article content DENVER — Newmont Corporation (NYSE: NEM, ASX: NEM, TSX: NGT, PNGX: NEM) (Newmont or the Company) today announced second quarter 2025 results, an additional $3.0 billion share repurchase program and declared a dividend of $0.25 1 per share. Article content 'Newmont delivered a strong second quarter, producing approximately 1.5 million attributable gold ounces and generating an all time record quarterly free cash flow of $1.7 billion, underscoring the strength of our world-class portfolio and the disciplined execution of the commitments we shared at the beginning of the year,' said Tom Palmer, Newmont's Chief Executive Officer. 'We remain firmly on track to achieve our 2025 guidance as we continue to strengthen our safety culture, stabilize our operations and deliver long term value to shareholders.' Article content Q2 2025 Results Article content _____________________________ 1 Newmont's Board of Directors declared a dividend of $0.25 per share of common stock for the second quarter of 2025, payable on September 29, 2025 to holders of record at the close of business on September 4, 2025. 2 Non-GAAP metrics; see reconciliations at the end of this release. 3 See discussion of guidance and cautionary statement at the end of this release regarding forward-looking statements. 4 All operating sites previously announced for divestment have been sold, with the Coffee development project remaining designated as held for sale. No agreement has been reached with respect to Coffee as of the date of this release. 5 Shares in Greatland Resources were received as part of the sale consideration for Telfer and Havieron and shares in Discovery Silver Corp were received as part of the sale consideration for Porcupine. For further details see the 'Divestiture Program Update' section below. $470 million of net proceeds from sale of equity shares includes $140 million of Discovery share sales in July. 6 Includes $605 million of share repurchases in the second quarter of 2025 after April 24, 2025 and $145 million of share repurchases settled in July 2025. 7 The share repurchase program will be executed at the Company's discretion. The share repurchase program permits shares to be repurchased in a variety of methods, has no time limit and may be suspended or discontinued at any time. See cautionary statement regarding forward-looking statements at end of this release. 8 Total liquidity as of June 30, 2025 includes $4.0 billion available on a revolving credit facility. Article content 2024 2025 Q1 Q2 Q3 Q4 FY Q1 Q2 YTD Average realized gold price ($/oz) $ 2,090 $ 2,347 $ 2,518 $ 2,643 $ 2,408 $ 2,944 $ 3,320 $ 3,128 Attributable gold production (Moz) 1 1.68 1.61 1.67 1.90 6.85 1.54 1.48 3.02 Gold Co-Product CAS ($/oz) 2,3 $ 1,057 $ 1,152 $ 1,207 $ 1,096 $ 1,126 $ 1,227 $ 1,215 $ 1,221 Gold By-Product CAS ($/oz) 3 $ 891 $ 892 $ 1,052 $ 862 $ 922 $ 930 $ 917 $ 924 Gold Co-Product AISC ($/oz) 3 $ 1,439 $ 1,562 $ 1,611 $ 1,463 $ 1,516 $ 1,651 $ 1,593 $ 1,623 Gold By-Product AISC ($/oz) 3 $ 1,373 $ 1,412 $ 1,542 $ 1,319 $ 1,408 $ 1,447 $ 1,375 $ 1,411 Net income (loss) attributable to Newmont stockholders ($M) $ 170 $ 853 $ 922 $ 1,403 $ 3,348 $ 1,891 $ 2,061 $ 3,952 Adjusted net income ($M) 4 $ 630 $ 834 $ 936 $ 1,591 $ 3,991 $ 1,404 $ 1,594 $ 2,998 Adjusted net income per share ($/diluted share) 4 $ 0.55 $ 0.72 $ 0.81 $ 1.40 $ 3.48 $ 1.25 $ 1.43 $ 2.68 Adjusted EBITDA ($M) 4 $ 1,694 $ 1,966 $ 1,967 $ 3,048 $ 8,675 $ 2,629 $ 2,997 $ 5,626 Cash from operations before working capital ($M) 5 $ 1,442 $ 1,657 $ 1,846 $ 2,398 $ 7,343 $ 2,172 $ 2,228 $ 4,400 Net cash from operating activities of continuing operations ($M) $ 776 $ 1,394 $ 1,637 $ 2,511 $ 6,318 $ 2,031 $ 2,384 $ 4,415 Capital expenditures ($M) 6 $ 850 $ 800 $ 877 $ 875 $ 3,402 $ 826 $ 674 $ 1,500 Free cash flow ($M) 7 $ (74 ) $ 594 $ 760 $ 1,636 $ 2,916 $ 1,205 $ 1,710 $ 2,915 Article content Second Quarter 2025 Production and Financial Summary Article content Attributable gold production 1 Article content decreased 4 percent to 1,478 thousand ounces from the prior quarter as expected, driven by the previously announced closing of non-core asset sales partially offset by increased production at Yanacocha from improved injection leaching, Peñasquito from higher gold grades, Nevada Gold Mines, and Boddington from higher tonnes processed following planned maintenance. Article content Average realized gold price Article content was $3,320 per ounce, an increase of $376 per ounce over the prior quarter. Average realized gold price includes $3,301 per ounce of gross price received, a favorable impact of $25 per ounce mark-to-market on provisionally-priced sales and reductions of $6 per ounce for treatment and refining charges. Article content Gold CAS 2 Article content totaled $1.7 billion for the quarter. Article content Gold CAS per ounce 3 Article content decreased 1 percent to $1,215 per ounce on a co-product basis compared to the prior quarter primarily due to lower direct operating costs with the completed sales of higher cost, non-core assets. Article content Gold AISC per ounce 3 Article content decreased 4 percent to $1,593 per ounce on a co-product basis compared to the prior quarter. Building from CAS per ounce the decrease is primarily due to $81 million lower sustaining capital spend at the Non-Core Portfolio and across the Core Portfolio, particularly at Boddington following the completion of planned maintenance, as well as Lihir and Cadia due to project timing, partially offset by seasonal increases in sustaining capital at Red Chris and Brucejack. Article content Net income attributable to Newmont stockholders Article content was $2.1 billion or $1.85 per diluted share, an increase of $170 million from the prior quarter. This increase was in part driven by higher revenues and lower CAS compounded by a gain on the sale of assets held for sale of $699 million compared to a gain of $276 million in the prior quarter; partially offset by 69 percent higher income and mining taxes and a smaller net gain on the fair value of investments and options of $151 million compared to a net gain of $291 million in the prior quarter. Article content for the quarter Article content Article content was $1.6 billion or $1.43 per diluted share, compared to $1.4 billion or $1.25 per diluted share in the prior quarter. Primary adjustments to second quarter net income includes a net gain on the sale of assets held for sale of $(699) million primarily related to the mine sales that closed in the second quarter and a net gain on the fair value of investments and options of $(151) million and a valuation allowance and other tax adjustments $167 million. Article content increased 14 percent to $3.0 billion, while EBITDA increased 21 percent to $3.8 billion compared to the prior quarter. The increase in EBITDA was driven by mostly by higher net income. Adjusted EBITDA excludes adjustments totaling $(806) million, primarily consisting of a net gain on the sale of assets held for sale and a net gain in the value of investments and options. Article content increased 3 percent from the prior quarter to $2.2 billion primarily due to higher net income. Article content Consolidated net cash from operating activities Article content increased 17 percent from the prior quarter to $2.4 billion primarily due to an increase in net cash from operations before working capital. A net working capital movement in the second quarter of $156 million primarily due to a decrease in accounts receivable of $215 million from the timing of cash collections and an accrual for future tax payments of $263 million. These favorable working capital adjustments were partially offset by the continued cash spend for previously accrued reclamation activities of $185 million, primarily related to the ongoing construction of the Yanacocha water treatment plants, a build in inventory and stockpiles of $61 million due to stockpile sequencing and an increase in other assets of $89 million primarily from higher prepaid expenses in the quarter. Article content increased 39 percent from the prior quarter to $648 million due to higher net income attributable to Newmont shareholders. Article content Free Cash Flow 7 Article content increased 42 percent from the prior quarter to $1.7 billion primarily due to an increase in consolidated net cash from operating activities compounded by lower capital investment. Article content 8 Article content . Article content 3 Article content 3 Article content . Article content Pueblo Viejo (PV) Article content attributable gold production increased 29 percent to 63 thousand ounces compared to the prior quarter. Cash distributions received for the Company's equity method investment in Pueblo Viejo totaled $40 million in the second quarter. Capital contributions of $13 million were made during the quarter related to the expansion project at Pueblo Viejo. Article content Fruta del Norte Article content attributable gold production is reported on a quarter lag. Production reported in the second quarter of 2025 decreased 12 percent to 38 thousand ounces compared to the prior quarter. Cash distributions received from the Company's equity method investment in Fruta del Norte were $66 million for the second quarter. Article content ___________________________________ 1 Attributable gold production includes ounces from the Company's equity method investment in Pueblo Viejo (40%) and in Lundin Gold (32%). 2 Consolidated Costs applicable to sales (CAS) excludes Depreciation and amortization and Reclamation and remediation. 3 Non-GAAP measure. See end of this release for reconciliation to Costs applicable to sales. 4 Non-GAAP measure. See end of this release for reconciliation to Net income (loss) attributable to Newmont stockholders. 5 Cash from operations before working capital is a non-GAAP metric with the most directly comparable GAAP financial metric being to Net cash provided by (used in) operating activities, as shown reconciled in the Condensed Consolidated Statements of Cash Flows. 6 Capital expenditures refers to Additions to property plant and mine development from the Consolidated Statements of Cash Flows. 7 Non-GAAP measure. See end of this release for reconciliation to Net cash provided by operating activities. 8 Non-GAAP measure. See end of this release for reconciliation. 9 Newmont has a 38.5% interest in Nevada Gold Mines, which is accounted for using the proportionate consolidation method. In addition, Newmont has a 40% interest in Pueblo Viejo, which is accounted for as an equity method investment, as well as a 32% interest in Lundin Gold, who wholly owns and operates the Fruta del Norte mine, which is accounted for as an equity method investment on a quarter lag. Article content Newmont's 2025 Guidance Article content Newmont remains on track to meet its previously published 2025 guidance. For more details, refer to the Company's Fourth Quarter 2024 Earnings and 2025 Guidance press release, issued on February 20, 2025, and available on Please see the cautionary statement and footnotes for additional information. Article content Guidance Metric (+/-5%) a 2025E Attributable Gold Production (Moz) Managed Core Portfolio 4.2 Non-Managed Core Portfolio b 1.4 Total Core Portfolio 5.6 Non-Core Assets c 0.3 Total Newmont Attributable Gold Production (Moz) 5.9 Gold Co-Product CAS ($/oz) d Managed Core Portfolio $1,170 Non-Managed Core Portfolio b $1,240 Total Core Portfolio $1,180 Non-Core Assets $1,450 Total Newmont Gold CAS ($/oz) d $1,200 Gold Co-Product AISC ($/oz) d Managed Core Portfolio $1,630 Non-Managed Core Portfolio b $1,555 Total Core Portfolio $1,620 Non-Core Assets c $1,830 Total Newmont Gold AISC ($/oz) d $1,630 Sustaining Capital ($M) Managed Core Portfolio $1,530 Non-Managed Core Portfolio b $270 Total Core Portfolio $1,800 Non-Core Assets c $75 Total Newmont Sustaining Capital c $1,875 Development Capital ($M) Managed Core Portfolio $1,140 Non-Managed Core Portfolio b $160 Total Core Portfolio $1,300 Non-Core Assets c $30 Total Newmont Development Capital e $1,330 Consolidated Expenses Exploration & Advanced Projects ($M) $525 General & Administrative ($M) $475 Interest Expense ($M) $300 Depreciation & Amortization ($M) f $2,600 Reclamation and Remediation Accretion ($M) g $475 Adjusted Tax Rate h,i 34% Article content H1/H2 Commentary: Article content Attributable gold production for the Core Portfolio in 2025 is expected to be approximately 50 percent weighted to the second half of the year. Production from Cadia and Peñasquito has been slightly stronger than expected in the first half of the year and is expected to decline in the second half. Increased production to offset those declines is expected in the second half of the year, primarily from the non-managed Nevada Gold Mines, Yanacocha, and the addition of Ahafo North in the fourth quarter. Article content Sustaining capital for the Core Portfolio is now expected to be weighted toward the second half of 2025, with optimization of road access and pit design at Lihir ongoing and investment moving to the second half of the year, the increase of sustaining capital spend at Cadia to support the long life of the operation, as well as address the historical underinvestment in tailings storage capacity, the continuation of warmer weather surface work at Red Chris and Brucejack in Canada, and a ramp up of spend at Tanami for ventilation work. Article content Development capital for the Core Portfolio is expected to increase in the second half of 2025 with the movement of non-critical path spend at Ahafo North as the project moves toward commercial production. Expenditures at Cadia and Tanami are expected to rise in H2 based on the timing of spend to support the major projects at those sites. Article content Third Quarter Commentary: Article content Third quarter attributable production from the Core Portfolio is expected to be relatively in line with the previous quarter as expected production growth from the non-operated joint ventures as well as Cerro Negro, Brucejack, and Tanami is offset by declines at Ahafo South, Lihir, Peñasquito and Cadia. CAS per ounce unit cost is expected to be similar to the second quarter. AISC per ounce from the Core Portfolio is expected to be slightly higher than full year guidance in the third quarter due to higher sustaining capital spend as full year AISC per ounce is expected to be in line with full year guidance. Sustaining capital is expected to increase significantly from the second quarter as planned investments increase. Article content In the third quarter, no production or costs are anticipated from non-core assets divested in the first half of 2025. Compared to the previous quarter, third quarter free cash flow is expected to be adversely impacted by the higher capital spend, higher cash tax payments related to increased profitability in previous periods, and the continued increase in spending on construction of the Yanacocha water treatment facilities. Article content ___________________________________ a 2025 guidance projections are considered forward-looking statements and represent management's good faith estimates or expectations of future production results as of February 20, 2025. Guidance is based upon certain assumptions, including, but not limited to, metal prices, oil prices, certain exchange rates and other assumptions. For example, 2025 Guidance assumes $2,500/oz Au, $9,370/tonne Cu, $30/oz Ag, $2,756/tonne Zn, $2,094/tonne Pb, $0.70 AUD/USD exchange rate, $0.75 CAD/USD exchange rate and $90/barrel WTI. Production, CAS, AISC and capital estimates exclude projects that have not yet been approved. The potential impact on inventory valuation as a result of lower prices, input costs, and project decisions are not included as part of this Outlook. Assumptions used for purposes of Guidance may prove to be incorrect and actual results may differ from those anticipated, including variation beyond a +/-5% range. See cautionary statement at the end of this release. b Guidance for Non-managed operations provided by joint venture or operating partners. c Guidance for non-core assets includes, Akyem, CC&V, Porcupine, Éléonore, and Musselwhite, and reflects attributable gold production, Gold CAS, Gold AISC, sustaining capital, and development capital for the first half of 2025 only. The sale of CC&V, Éléonore, and Musselwhite closed on February 28, 2025 and the sale of Akyem and Porcupine closed April 15, 2025. See cautionary statement at the end of this release. d Presented on a consolidated basis and assuming a gold price of $2,500/oz. e Sustaining capital is presented on an attributable basis; Capital guidance excludes amounts attributable to the Pueblo Viejo joint venture. f Depreciation & Amortization includes Q1 2025 only for non-core assets. g Reclamation and Remediation Accretion represents a subset of expenses within Reclamation and Remediation expense and is exclusive of Reclamation and Remediation adjustments and other within that income statement expense line item. Reclamation and Remediation Accretion includes Q1 2025 only for non-core assets. h The adjusted tax rate excludes certain items such as tax valuation allowance adjustments. i Assuming average prices of $2,500 per ounce for gold, $9,370 per tonne for copper, $30 per ounce for silver, $2,094 per tonne for lead, and $2,756 per tonne for zinc and achievement of current production, sales and cost estimates, Newmont estimates its consolidated adjusted effective tax rate related to continuing operations for 2025 will be 34%. j Total Core Portfolio includes the Managed Core Portfolio and the Non-Managed Core Portfolio and does not include non-core assets divested or held for sale. Article content Divestiture Program Update Article content In February 2024, Newmont announced the intention to divest its non-core assets, including six operations and two projects from its Australian, Ghanaian and North American business units. As of April 15, Newmont completed the sales for all non-core operations and its 70 percent interest in the Havieron project. Article content Total gross proceeds from announced transactions are expected to be up to $4.3 billion including contingent payments and closing adjustments. Of the total proceeds, $2.5 billion of net cash proceeds have been received year-to-date in 2025 including approximately $850 million from the sale of Porcupine and Akyem in the second quarter. Additionally, since the last earnings call Newmont sold half of its equity stake in Greatland Resources (received from the sale of Telfer and Havieron in 2024) and its entire equity stake in Discovery Silver (received from the sale of Porcupine in 2025) for net proceeds after taxes and commissions of $470 million. Projects Update Article content For details on Newmont's key projects currently in execution, refer to the Company's Fourth Quarter 2024 Earnings and 2025 Guidance press release, issued on February 20, 2025, and available on Additional project updates will be provided as they become available. Please refer to the cautionary statement and footnotes for further information. Article content Committed to Concurrent Reclamation Article content Since mines operate for a finite period, careful closure planning is crucial to address the diverse social, economic, environmental, and regulatory impacts associated with the end of mining operations. Newmont's global Closure Strategy integrates closure planning throughout each operation's lifespan, aiming to create enduring positive and sustainable legacies that last long after mining ceases. Newmont continues to recognize reclamation and remediation expense throughout the year. In the first half of 2025, Newmont spent $280 million on reclamation activities, including $167 million on the construction of water treatment plants at Yanacocha which is expected to continue to increase in the third quarter, with the fourth quarter planned to be the highest of the year. The Company remains on track to spend $800 million on reclamation for the full year, inclusive of $600 million allocated to the Yanacocha water treatment plants. Additional updates on reclamation spend will be provided as available. Article content 2024 2025 Operating Results Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 YTD Attributable Sales (koz) Attributable gold ounces sold (1) 1,581 1,528 1,551 1,811 6,471 1,430 1,363 2,793 Average Realized Price ($/oz, $/lb) Average realized gold price $ 2,090 $ 2,347 $ 2,518 $ 2,643 $ 2,408 $ 2,944 $ 3,320 $ 3,128 Average realized copper price $ 3.72 $ 4.47 $ 4.31 $ 3.57 $ 4.00 $ 4.65 $ 4.37 $ 4.51 Average realized silver price $ 20.41 $ 26.20 $ 25.98 $ 25.15 $ 24.13 $ 30.12 $ 29.50 $ 29.80 Average realized lead price $ 0.92 $ 1.05 $ 0.86 $ 0.86 $ 0.91 $ 0.89 $ 0.88 $ 0.88 Average realized zinc price $ 0.92 $ 1.31 $ 1.14 $ 1.21 $ 1.14 $ 1.13 $ 1.13 $ 1.13 Attributable Gold Production (koz) Boddington 142 147 137 164 590 126 147 273 Tanami 90 99 102 117 408 78 90 168 Cadia 122 117 115 110 464 103 104 207 Lihir 181 141 129 163 614 164 160 324 Ahafo 190 184 213 211 798 205 197 402 Peñasquito 45 64 63 127 299 123 148 271 Cerro Negro 81 19 60 78 238 28 42 70 Yanacocha 91 78 93 92 354 105 131 236 Merian (75%) 57 46 43 59 205 47 40 87 Brucejack 37 60 89 72 258 41 50 91 Red Chris (70%) 6 9 9 16 40 14 15 29 Managed Core Portfolio 1,042 964 1,053 1,209 4,268 1,034 1,124 2,158 Nevada Gold Mines (38.5%) 264 253 242 280 1,039 216 239 455 Pueblo Viejo (40%) (2) 54 53 66 62 235 49 63 112 Fruta Del Norte (32%) (3) 21 35 43 39 138 43 38 81 Non-Managed Core Portfolio 339 341 351 381 1,412 308 340 648 Total Core Portfolio 1,381 1,305 1,404 1,590 5,680 1,342 1,464 2,806 Non-Core Assets (4) 294 302 264 309 1,169 195 14 209 Total Attributable Gold Production 1,675 1,607 1,668 1,899 6,849 1,537 1,478 3,015 Co-Product Production Red Chris copper tonnes (thousands) 5 6 6 9 26 7 7 14 Boddington copper tonnes (thousands) 9 10 9 9 37 7 7 14 Cadia copper tonnes (thousands) 21 22 21 23 87 21 22 43 Telfer copper tonnes (thousands) (4) 1 — 1 1 3 — — — Total copper tonnes (thousands) 36 38 37 42 153 35 36 71 Peñasquito silver ounces (millions) 9 8 7 9 33 6 8 14 Peñasquito lead tonnes (thousands) 28 20 19 29 96 22 27 49 Peñasquito zinc tonnes (thousands) 58 65 58 77 258 59 67 126 Gold Co-Product CAS Consolidated ($/oz) Boddington $ 1,016 $ 1,022 $ 1,098 $ 1,084 $ 1,056 $ 1,239 $ 1,207 $ 1,223 Tanami $ 902 $ 1,018 $ 979 $ 898 $ 947 $ 1,087 $ 1,278 $ 1,191 Cadia $ 648 $ 624 $ 723 $ 616 $ 653 $ 794 $ 805 $ 800 Lihir $ 936 $ 1,101 $ 1,619 $ 1,523 $ 1,270 $ 1,009 $ 1,287 $ 1,147 Ahafo $ 865 $ 976 $ 867 $ 916 $ 904 $ 1,238 $ 1,010 $ 1,124 Peñasquito $ 853 $ 827 $ 985 $ 630 $ 776 $ 898 $ 756 $ 823 Cerro Negro $ 861 $ 2,506 $ 1,535 $ 1,177 $ 1,325 $ 2,063 $ 2,118 $ 2,089 Yanacocha $ 972 $ 1,000 $ 1,072 $ 970 $ 1,003 $ 961 $ 882 $ 915 Merian (75%) $ 1,221 $ 1,546 $ 1,795 $ 1,334 $ 1,457 $ 1,497 $ 1,808 $ 1,679 Brucejack $ 2,175 $ 1,390 $ 970 $ 1,126 $ 1,254 $ 1,800 $ 1,861 $ 1,831 Red Chris (70%) $ 940 $ 951 $ 2,228 $ 901 $ 1,225 $ 1,106 $ 1,475 $ 1,290 Managed Core Portfolio $ 955 $ 1,053 $ 1,117 $ 1,021 $ 1,036 $ 1,150 $ 1,154 $ 1,152 Nevada Gold Mines (38.5%) $ 1,177 $ 1,220 $ 1,311 $ 1,177 $ 1,219 $ 1,426 $ 1,448 $ 1,437 Non-Managed Core Portfolio $ 1,177 $ 1,220 $ 1,311 $ 1,177 $ 1,219 $ 1,426 $ 1,448 $ 1,437 Total Core Portfolio $ 1,000 $ 1,087 $ 1,153 $ 1,050 $ 1,071 $ 1,198 $ 1,204 $ 1,202 Non-Core Assets (4) $ 1,306 $ 1,398 $ 1,474 $ 1,316 $ 1,370 $ 1,410 $ 2,032 $ 1,455 Total Gold co-product CAS (5) $ 1,057 $ 1,152 $ 1,207 $ 1,096 $ 1,126 $ 1,227 $ 1,215 $ 1,221 Gold By-Product CAS ($/oz) Red Chris $ (1,143 ) $ (2,556 ) $ 5,125 $ (1,333 ) $ (256 ) $ (1,200 ) $ 71 $ (586 ) Boddington $ 810 $ 750 $ 863 $ 916 $ 840 $ 970 $ 1,000 $ 985 Cadia $ (228 ) $ (626 ) $ (398 ) $ (173 ) $ (366 ) $ (643 ) $ (514 ) $ (575 ) Peñasquito $ (2,091 ) $ (2,047 ) $ (1,036 ) $ (1,587 ) $ (1,659 ) $ (949 ) $ (880 ) $ (912 ) Managed Core Portfolio $ 691 $ 635 $ 884 $ 677 $ 722 $ 733 $ 789 $ 763 Non-Managed Core Portfolio $ 1,177 $ 1,220 $ 1,311 $ 1,177 $ 1,219 $ 1,426 $ 1,448 $ 1,437 Total Core Portfolio $ 790 $ 756 $ 964 $ 768 $ 819 $ 854 $ 903 $ 880 Total Gold by-product CAS (5) $ 891 $ 892 $ 1,052 $ 862 $ 922 $ 930 $ 917 $ 924 Article content 2024 2025 Operating Results (continued) Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 YTD Co-Product CAS ($/unit) Red Chris – copper ($/tonne) $ 5,571 $ 5,043 $ 12,296 $ 4,645 $ 6,663 $ 4,991 $ 6,738 $ 5,854 Boddington – copper ($/tonne) $ 5,192 $ 5,680 $ 5,605 $ 5,477 $ 5,480 $ 5,423 $ 5,163 $ 5,293 Cadia – copper ($/tonne) $ 3,271 $ 3,044 $ 3,774 $ 3,209 $ 3,321 $ 3,468 $ 3,517 $ 3,494 Telfer – copper ($/tonne) $ 15,885 $ 10,692 N.M. $ 8,582 $ 13,214 $ — $ — $ — Total – copper ($/tonne) $ 4,452 $ 4,184 $ 5,748 $ 4,247 $ 4,625 $ 4,182 $ 4,422 $ 4,307 Peñasquito- silver ($/ounce) $ 11 $ 12 $ 13 $ 8 $ 11 $ 10 $ 9 $ 10 Peñasquito – lead ($/tonne) $ 1,215 $ 1,355 $ 1,555 $ 904 $ 1,201 $ 997 $ 933 $ 965 Peñasquito – zinc ($/tonne) $ 1,764 $ 1,867 $ 1,944 $ 1,429 $ 1,729 $ 1,499 $ 1,376 $ 1,445 Gold Co-Product AISC Consolidated ($/oz) Boddington $ 1,242 $ 1,237 $ 1,398 $ 1,286 $ 1,288 $ 1,544 $ 1,422 $ 1,482 Tanami $ 1,149 $ 1,276 $ 1,334 $ 1,340 $ 1,281 $ 1,659 $ 1,698 $ 1,680 Cadia $ 989 $ 1,064 $ 1,078 $ 1,061 $ 1,048 $ 1,184 $ 1,109 $ 1,144 Lihir $ 1,256 $ 1,212 $ 1,883 $ 1,781 $ 1,512 $ 1,339 $ 1,563 $ 1,450 Ahafo $ 1,010 $ 1,123 $ 1,043 $ 1,113 $ 1,072 $ 1,462 $ 1,220 $ 1,341 Peñasquito $ 1,079 $ 1,038 $ 1,224 $ 818 $ 984 $ 1,091 $ 944 $ 1,013 Cerro Negro $ 1,120 $ 3,010 $ 1,878 $ 1,430 $ 1,631 $ 2,857 $ 3,023 $ 2,936 Yanacocha $ 1,123 $ 1,217 $ 1,285 $ 1,166 $ 1,196 $ 1,170 $ 1,144 $ 1,155 Merian (75%) $ 1,530 $ 2,170 $ 2,153 $ 1,656 $ 1,852 $ 1,864 $ 2,074 $ 1,986 Brucejack $ 2,580 $ 1,929 $ 1,197 $ 1,498 $ 1,603 $ 2,230 $ 2,490 $ 2,363 Red Chris (70%) $ 1,277 $ 1,613 $ 2,633 $ 1,131 $ 1,607 $ 1,322 $ 1,903 $ 1,611 Managed Core Portfolio $ 1,327 $ 1,461 $ 1,509 $ 1,411 $ 1,426 $ 1,596 $ 1,542 $ 1,568 Nevada Gold Mines (38.5%) $ 1,576 $ 1,689 $ 1,675 $ 1,492 $ 1,605 $ 1,789 $ 1,771 $ 1,780 Non-Managed Core Portfolio $ 1,576 $ 1,689 $ 1,675 $ 1,492 $ 1,605 $ 1,789 $ 1,771 $ 1,780 Total Core Portfolio $ 1,378 $ 1,508 $ 1,540 $ 1,425 $ 1,461 $ 1,630 $ 1,582 $ 1,605 Non-Core Assets (4) $ 1,712 $ 1,770 $ 1,967 $ 1,634 $ 1,762 $ 1,787 $ 2,550 $ 1,843 Total Gold Co-product AISC (5) $ 1,439 $ 1,562 $ 1,611 $ 1,463 $ 1,516 $ 1,651 $ 1,593 $ 1,623 Gold By-Product AISC ($/oz) Red Chris $ 857 $ 778 $ 7,250 $ (333 ) $ 1,692 $ (467 ) $ 1,357 $ 414 Boddington $ 1,085 $ 1,044 $ 1,226 $ 1,179 $ 1,134 $ 1,348 $ 1,250 $ 1,298 Cadia $ 535 $ 293 $ 159 $ 750 $ 425 $ 133 $ 92 $ 111 Peñasquito $ (91 ) $ (859 ) $ 411 $ (810 ) $ (476 ) $ (254 ) $ (406 ) $ (335 ) Managed Core Portfolio $ 1,212 $ 1,211 $ 1,401 $ 1,203 $ 1,256 $ 1,309 $ 1,276 $ 1,292 Non-Managed Core Portfolio $ 1,576 $ 1,689 $ 1,675 $ 1,492 $ 1,605 $ 1,789 $ 1,771 $ 1,780 Total Core Portfolio $ 1,286 $ 1,310 $ 1,452 $ 1,256 $ 1,324 $ 1,394 $ 1,360 $ 1,376 Total Gold By-product AISC (5) $ 1,373 $ 1,412 $ 1,542 $ 1,319 $ 1,408 $ 1,447 $ 1,375 $ 1,411 Co-Product AISC ($/unit) Red Chris – copper ($/tonne) $ 7,718 $ 8,599 $ 14,960 $ 6,007 $ 9,037 $ 6,053 $ 8,550 $ 7,287 Boddington – copper ($/tonne) $ 5,959 $ 6,914 $ 6,436 $ 6,545 $ 6,462 $ 6,760 $ 5,917 $ 6,338 Cadia – copper ($/tonne) $ 5,659 $ 5,644 $ 4,849 $ 5,612 $ 5,442 $ 5,316 $ 4,909 $ 5,098 Telfer – copper ($/tonne) $ 20,643 $ 15,112 N.M. $ 5,106 $ 15,903 $ — $ — $ — Total – copper ($/tonne) $ 6,392 $ 6,675 $ 7,423 $ 6,162 $ 6,638 $ 6,014 $ 6,068 $ 6,042 Peñasquito – silver ($/ounce) $ 15 $ 15 $ 17 $ 11 $ 14 $ 13 $ 12 $ 12 Peñasquito – lead ($/tonne) $ 1,500 $ 1,601 $ 1,879 $ 1,132 $ 1,467 $ 1,185 $ 1,146 $ 1,165 Peñasquito – zinc ($/tonne) $ 2,368 $ 2,498 $ 2,614 $ 2,015 $ 2,350 $ 2,026 $ 1,659 $ 1,866 Article content ____________________________ (1) Attributable gold ounces sold excludes ounces related to the Pueblo Viejo mine, which is 40% owned by Newmont and accounted for as an equity method investment, and the Fruta del Norte mine, which is wholly owned by Lundin Gold, in which the Company holds a 32% interest and is accounted for as an equity method investment. (2) Represents attributable gold from Newmont's 40% interest in Pueblo Viejo, which is accounted for as an equity method investment. Attributable gold ounces produced at Pueblo Viejo are not included in attributable gold ounces sold, as noted in footnote (1). Income and expenses of equity method investments are included in Equity income (loss) of affiliates. (3) Represents attributable gold from Newmont's 32% interest in Lundin Gold, which wholly owns and operates the Fruta del Norte mine and is accounted for on a quarterly lag as an equity method investment. Attributable gold ounces produced by Lundin Gold represent prior quarter production and are not included in attributable gold ounces sold, as noted in footnote (1). Income and expenses of equity method investments are included in Equity income (loss) of affiliates. (4) Non-core assets include asset divestitures which closed prior to June 30, 2025 including: Telfer, CC&V, Musselwhite, Éléonore, Akyem, and Porcupine. See Divestiture Program Update in this release for further details. Article content (unaudited, in millions except per share) 2024 (1) 2025 (1) Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 YTD Sales $ 4,023 $ 4,402 $ 4,605 $ 5,652 $ 18,682 $ 5,010 $ 5,317 $ 10,327 Costs and expenses: Costs applicable to sales (2) 2,106 2,156 2,310 2,391 8,963 2,106 2,001 4,107 Depreciation and amortization 654 602 631 689 2,576 593 620 1,213 Reclamation and remediation 98 94 132 4 328 93 83 176 Exploration 53 57 74 82 266 49 61 110 Advanced projects, research and development 53 49 47 48 197 43 40 83 General and administrative 101 100 113 128 442 110 95 205 (Gain) loss on sale of assets held for sale 485 246 115 268 1,114 (276 ) (699 ) (975 ) Impairment charges 12 9 18 39 78 15 9 24 Other expense, net 61 50 37 43 191 28 39 67 3,623 3,363 3,477 3,692 14,155 2,761 2,249 5,010 Other income (expense): Change in fair value of investments and options 31 (9 ) 17 23 62 291 151 442 Other income (loss), net 90 109 — 164 363 10 (36 ) (26 ) Interest expense, net of capitalized interest (93 ) (103 ) (86 ) (93 ) (375 ) (79 ) (65 ) (144 ) 28 (3 ) (69 ) 94 50 222 50 272 Income (loss) before income and mining tax and other items 428 1,036 1,059 2,054 4,577 2,471 3,118 5,589 Income and mining tax benefit (expense) (260 ) (191 ) (244 ) (702 ) (1,397 ) (647 ) (1,092 ) (1,739 ) Equity income (loss) of affiliates 7 (3 ) 60 69 133 78 49 127 Net income (loss) from continuing operations 175 842 875 1,421 3,313 1,902 2,075 3,977 Net income (loss) from discontinued operations 4 15 49 — 68 — — — Net income (loss) 179 857 924 1,421 3,381 1,902 2,075 3,977 Net loss (income) attributable to noncontrolling interests (3) (9 ) (4 ) (2 ) (18 ) (33 ) (11 ) (14 ) (25 ) Net income (loss) attributable to Newmont stockholders $ 170 $ 853 $ 922 $ 1,403 $ 3,348 $ 1,891 $ 2,061 $ 3,952 Net income (loss) attributable to Newmont stockholders: Continuing operations $ 166 $ 838 $ 873 $ 1,403 $ 3,280 $ 1,891 $ 2,061 $ 3,952 Discontinued operations 4 15 49 — 68 — — — $ 170 $ 853 $ 922 $ 1,403 $ 3,348 $ 1,891 $ 2,061 $ 3,952 Weighted average common shares (millions): Basic 1,153 1,153 1,147 1,133 1,146 1,126 1,110 1,118 Effect of employee stock-based awards — 2 2 2 2 1 2 2 Diluted 1,153 1,155 1,149 1,135 1,148 1,127 1,112 1,120 Net income (loss) attributable to Newmont stockholders per common share: Basic: Continuing operations $ 0.15 $ 0.73 $ 0.76 $ 1.24 $ 2.86 $ 1.68 $ 1.86 $ 3.53 Discontinued operations — 0.01 0.04 — 0.06 — — — $ 0.15 $ 0.74 $ 0.80 $ 1.24 $ 2.92 $ 1.68 $ 1.86 $ 3.53 Diluted: Continuing operations $ 0.15 $ 0.73 $ 0.76 $ 1.24 $ 2.86 $ 1.68 $ 1.85 $ 3.53 Discontinued operations — 0.01 0.04 — 0.06 — — — Article content NEWMONT CORPORATION CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited, in millions) 2024 (1) 2025 (1) MAR JUN SEP DEC MAR JUN SEP DEC ASSETS Cash and cash equivalents $ 2,336 $ 2,602 $ 3,016 $ 3,619 $ 4,698 $ 6,185 Trade receivables 782 955 974 1,056 887 637 Investments 23 50 43 21 18 468 Inventories 1,385 1,467 1,487 1,423 1,493 1,500 Stockpiles and ore on leach pads 745 681 688 761 792 767 Other current assets 879 945 795 786 653 740 Assets held for sale 5,656 5,370 5,574 4,609 2,199 102 Current assets 11,806 12,070 12,577 12,275 10,740 10,399 Property, plant and mine development, net 33,564 33,655 33,697 33,547 33,568 33,591 Investments 4,138 4,141 4,150 4,471 4,856 4,455 Stockpiles and ore on leach pads 1,837 2,002 2,114 2,266 2,409 2,540 Deferred income tax assets 210 273 229 124 59 55 Goodwill 2,792 2,792 2,721 2,658 2,658 2,658 Derivative assets 412 181 161 142 344 443 Other non-current assets 576 564 526 866 885 1,024 Total assets $ 55,335 $ 55,678 $ 56,175 $ 56,349 $ 55,519 $ 55,165 LIABILITIES Accounts payable $ 698 $ 683 $ 772 $ 843 $ 771 $ 742 Employee-related benefits 414 457 542 630 502 562 Income and mining taxes payable 136 264 317 381 378 705 Lease and other financing obligations 99 104 112 107 109 112 Debt — — — 924 — — Other current liabilities 1,784 1,819 2,081 2,481 2,357 2,544 Liabilities held for sale 2,351 2,405 2,584 2,177 1,309 5 Current liabilities 5,482 5,732 6,408 7,543 5,426 4,670 Debt 8,933 8,692 8,550 7,552 7,507 7,132 Lease and other financing obligations 436 429 437 389 370 363 Reclamation and remediation liabilities 6,652 6,620 6,410 6,394 6,376 6,216 Deferred income tax liabilities 3,094 3,046 2,883 2,820 2,733 2,890 Employee-related benefits 610 616 632 555 575 596 Silver streaming agreement 753 733 721 699 671 646 Other non-current liabilities 300 247 238 288 430 365 Total liabilities 26,260 26,115 26,279 26,240 24,088 22,878 EQUITY Common stock 1,855 1,851 1,840 1,813 1,803 1,772 Treasury stock (274 ) (274 ) (276 ) (278 ) (293 ) (294 ) Additional paid-in capital 30,436 30,394 30,228 29,808 29,624 29,141 Accumulated other comprehensive income (loss) (16 ) (7 ) 21 (95 ) (39 ) 44 Retained earnings (Accumulated deficit) (3,111 ) (2,585 ) (2,101 ) (1,320 ) 153 1,449 Newmont stockholders' equity 28,890 29,379 29,712 29,928 31,248 32,112 Noncontrolling interests 185 184 184 181 183 175 Total equity 29,075 29,563 29,896 30,109 31,431 32,287 Article content Article content Article content Contacts Article content Investor Contact – Global Article content Article content Neil Backhouse Article content Article content Article content Article content Natalie Worley Article content Article content Article content Media Contact – Global Article content Article content Shannon Brushe Article content Article content Article content
Fox News
5 days ago
- Lifestyle
- Fox News
'Hotel vibes' coffee hack could impact sleep, plus flight passenger seat swap goes viral
PERK UP: Coffee enthusiasts are installing espresso machines in their bedrooms for a luxury hotel feel, but it could compromise their sleep, say health experts. SEAT FEAT: A flight passenger shares the surprising outcome when she's asked to swap seats. SUPPER SNUB: Experts weigh in on whether a woman should attend a family dinner to which her husband and children aren't invited. GREAT OUTDOORS - Save on everything from camping accessories to clothing, bags and shoes. Continue reading… CALLING ALL CROSSWORD PUZZLE LOVERS! – Play our Fox News daily crossword puzzle for free here! And not just one — check out the multiple offerings. See the puzzles... Fox News FirstFox News Opinion
New Indian Express
16-07-2025
- Entertainment
- New Indian Express
‘None in Aesthetic Kunjamma has a design background,' says Arun Ajikumar
It's important to have a team that understands the nuances of your ideas. How did you pick yours? We're an eight-member team at Aesthetic Kunjamma. My co-founder, Deepak, is a design expert. I met him online during the lockdown after I had started Kunjamma. We began exchanging ideas, and as we explored different aspects of design, the team naturally started growing. Interestingly, none of us met in person for over a year—everything happened online. None in my current team has a design background, and I believe that makes us unique. How did you get into movie poster designing? As the page gained popularity, projects started coming our way. We began with short films. In Malayalam, our first official project was Shane Nigam's 'Veyil'. We were also approached by Mani Ratnam sir's Madras Talkies to design a segment called 'Coffee, Anyone?' for a web series. Our entry into the film industry was unplanned. As someone who wanted to get into the industry, I sensed this was my way in. You have an eye for detail, and it shows in your work. What's your creative process like? When I watch a film, I don't just see the surface — I tend to dive into five or six layers of it. I imagine the process behind each scene. Among my works, my favourite is the 'Mayaanadhi-Shape of Water' mix. When I first watched Mayaanadhi, I was blown away by the idea and details in it. Later, when I watched 'Shape of Water', I noticed a connection. In Mayaanadhi's climax, Tovino's character gets shot by the river and just before dying, he sees his lover. I started imagining, 'As he sinks into the river, what if he slips into a lucid dream where he reunites with her and comes back to life?' It felt very Shape of Water-like to me. Thoughts like these are what end up in a poster. I think my eye for detail also comes from my theatre background. Theatre taught me to see how a single line or a costume change can have multiple layers of meaning. My mentor there once told me there are only seven or nine stories in the world and all stories stem from these core ideas. What makes an artwork come alive is how you build on those ideas and bring them to life. Posters have become almost a film's identity now, reflecting its creative depth. How do you view the evolution of film posters? Posters have always been used in branding a film, but over time, especially in the age of the internet, they have evolved into more of a storytelling medium. Earlier, posters were straightforward announcements, often pasted on buses or walls. Their main job was to let people know that a film, starring so-and-so, was coming soon. While working on 'Sarvam Maya', Akhil chettan (Akhil Sathyan) told me how Sathyan Anthikad sir used to say that the most important thing with posters back then was that even someone on a moving bus should be able to read the film's name. The hero's name came second. During the period between '70s and '90s, the focus was on clean, flashy designs that caught your attention quickly. Later, posters began to feature the hero's face more prominently. Even Alfred Hitchcock's posters sometimes included photos of himself and the producer. Putting the star's face helped build trust with the audience and spark interest. With the internet era, posters shifted from being just informative to becoming creative communication. Design elements like color palettes, patterns, and symbolism began to matter more. Posters started to engage people on a deeper level — they made you think, and feel and even gave you that little dopamine hit. But I still believe it's important not to overdo printed posters. You often include Easter eggs in your posters. How do you come up with those? It starts with understanding the film deeply. Whenever we take on a project, I prefer reading the full script instead of just a synopsis—that helps us layer the poster with subtle details. Our audience, especially post-Covid, has become advanced with exposure to international content. So, for them to spend five minutes on a poster, it has to be engaging. I feel a good poster is one that would invoke thoughts in me.
