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Newmont Increases Gold Reserves to 99.2 Million Ounces and Reports Copper Reserves at 9.5 Billion Pounds



  Newmont Increases Gold Reserves to 99.2 Million Ounces and Reports Copper
                        Reserves at 9.5 Billion Pounds

Newmont also Added New Reserves at Merian and New Resources at Long Canyon

PR Newswire

DENVER, Feb. 21, 2013

DENVER, Feb. 21, 2013 /PRNewswire/ -- Newmont Mining Corporation (NYSE: NEM)
("Newmont" or "the Company") today announced it increased attributable gold
reserves by 0.4 million ounces, net of depletion, to 99.2 million ounces in
2012. Highlights include:

  o Gold reserves of 99.2 million ounces;
  o Copper reserves of 9.5 billion pounds;
  o The addition of 2.9 million ounces of gold reserves at the Merian project
    in Suriname; and
  o The addition of 2.6 million ounces of gold inferred resources at the Long
    Canyon project in Nevada.

"We are pleased to announce 6.6 million ounces of gold reserve additions in
2012 at higher grades than depleted, with 2.9 million ounces of new reserves
declared at Merian in Suriname," said Gary Goldberg, President and Chief
Operating Officer. "We also declared 2.6 million ounces of gold inferred
resource at Long Canyon in Nevada," Goldberg added.

Gold and copper reserves^1 were calculated at $1,400 per ounce, and $3.25 per
pound, respectively. A $100 increase in gold price would result in an
approximate 2.8% increase in gold reserves while a $100 decrease in gold price
would result in an approximate 7.6% decrease in gold reserves. Gold and copper
price related reserve additions accounted for 1.5 million ounces of gold and
approximately 0.1 billion pounds of copper in 2012, as highlighted in the
following charts.

^1For detailed information on the Company's year-end attributable Proven and
Probable Reserves and Measured, Indicated and Inferred Resources, please refer
to the Supplemental Information and the cautionary statement at the end of
this release.

(Photo: http://photos.prnewswire.com/prnh/20130221/LA64354-INFO-a)

Attributable measured and indicated gold resources for 2012 were 22.3 million
ounces. In addition, attributable inferred gold resources were 17.9 million
ounces.  Attributable measured and indicated copper resources for 2012 were
2.2 billion pounds. In addition, attributable inferred copper resources were
970 million pounds. Gold and copper resources were calculated using prices of
$1,600 per ounce and $3.50 per pound, respectively.

Attributable proven and probable silver reserves for 2012 were 186 million
ounces.  Attributable measured and indicated silver resources for 2012 were 53
million ounces, with additional inferred silver resources of 35 million
ounces. Silver reserves and resources were calculated using prices of $30 and
$35 per ounce, respectively.

Exploration: 2013 Planned Activity
Newmont's 2013 attributable exploration budget is $249 million, with over 40%
allocated to North America, and the balance split between Asia Pacific,
Africa, South America, and other strategic programs, as shown in the chart
below. Of the total attributable exploration budget, approximately three
quarters is expected to be focused on brownfields exploration activity, with
the balance targeted on greenfields programs.

(Photo: http://photos.prnewswire.com/prnh/20130221/LA64354-INFO-b)

^22013 Opportunity Fund budget to be allocated regionally to the highest
ranking projects identified throughout the course of the year, consistent with
prior year practice.

Reserve and Resource Tables
Proven and Probable reserves are based on extensive drilling, sampling, mine
modeling and metallurgical testing from which we determined economic
feasibility. Metal price assumptions follow SEC guidance not to exceed a three
year trailing average. The price sensitivity of reserves depends upon several
factors including grade, metallurgical recovery, operating cost, waste-to-ore
ratio and ore type. Metallurgical recovery rates vary depending on the
metallurgical properties of each deposit and the production process used. The
reserve tables included in this release list the average metallurgical
recovery rate for each deposit, which takes into account the relevant
processing methods. The cut-off grade, or lowest grade of mineralized material
considered economic to process, varies with material type, price,
metallurgical recoveries, operating costs and co- or by-product credits.  The
Proven and Probable reserve figures presented herein are estimates based on
information available at the time of calculation. No assurance can be given
that the indicated levels of recovery of gold and copper will be realized.
Ounces of gold and silver or pounds of copper included in the proven and
probable reserves are calculated without regard to any losses during
metallurgical treatment. Reserve estimates may require revision based on
actual production. Market fluctuations in the price of gold and copper, as
well as increased production costs or reduced metallurgical recovery rates,
could render certain proven and probable reserves containing relatively lower
grades of mineralization uneconomic to exploit and might result in a reduction
of reserves.

The Measured, Indicated, and Inferred resource figures presented herein are
estimates based on information available at the time of calculation and are
exclusive of reserves.  A 'Mineral Resource' is a concentration or occurrence
of solid material of economic interest in or on the Earth's crust in such
form, grade or quality and quantity that there are reasonable prospects for
eventual economic extraction.  The location, quantity, grade or quality,
continuity and other geological characteristics of a Mineral Resource are
known, estimated or interpreted from specific geological evidence and
knowledge, including sampling.  Mineral Resources are sub-divided, in order of
increasing geological confidence, into Inferred, Indicated and Measured
categories. Ounces of gold and silver or pounds of copper included in the
Measured, Indicated and Inferred resources are calculated without regard to
any losses during metallurgical treatment. Market fluctuations in the price of
gold and copper, as well as increased production costs or reduced
metallurgical recovery rates, could change future estimates of resources. 

We publish reserves and resources annually, and will recalculate reserves and
resources at December 31, 2013, taking into account metal prices, changes, if
any, in future production and capital costs, divestments and depletion as well
as any acquisitions and additions during 2013. 

 

Attributable Proven, Probable, and Combined Gold Reserves^(1),U.S Units
December 31, 2012                                                                                                         December 31, 2011
                                Proven Reserves         Probable Reserves         Proven and Probable       Metallurgical Proven + Probable
                                                                                  Reserves                  Recovery      Reserves
Deposits/Districts by   Newmont Tonnage Grade    Gold   Tonnage   Grade    Gold   Tonnage   Grade    Gold                 Tonnage   Grade    Gold
Reporting Unit          Share
                                (x1000  (oz/ton) (x1000 (x1000    (oz/ton) (x1000 (x1000    (oz/ton) (x1000               (x1000    (oz/ton) (x1000
                                tons)            ozs)   tons)              ozs)   tons)              ozs)                 tons)              ozs)
North America
   Carlin Open Pits,    100%    82,100  0.059    4,810  231,100   0.030    6,840  313,200   0.037    11,650 74%           331,700   0.038    12,620
   Nevada
   Carlin Underground,  100%    14,500  0.252    3,650  9,000     0.285    2,580  23,500    0.265    6,230  86%           18,000    0.282    5,090
   Nevada
   Midas, Nevada        100%    200     0.191    30     400       0.055    20     600       0.095    50     90%           800       0.226    160
   Phoenix, Nevada      100%    22,700  0.019    440    417,200   0.017    6,990  439,900   0.017    7,430  73%           447,100   0.016    7,250
   Twin Creeks, Nevada  100%    7,100   0.101    720    51,200    0.052    2,680  58,300    0.058    3,400  80%           48,300    0.078    3,780
   Turquoise Ridge,     25%     2,200   0.396    860    2,900     0.370    1,080  5,100     0.381    1,940  92%           4,000     0.442    1,760
   Nevada^(2)
   Nevada               100%    25,500  0.018    450    0                  0      25,500    0.018    450    64%           23,000    0.020    460
   In-Process^(3)
   Nevada               100%    68,900  0.055    3,830  3,400     0.026    90     72,300    0.054    3,920  75%           68,200    0.052    3,530
   Stockpiles^(4)
        Total Nevada            223,200 0.066    14,790 715,200   0.028    20,280 938,400   0.037    35,070 77%           941,100   0.037    34,650
   La Herradura, Mexico 44%     85,500  0.017    1,470  72,600    0.016    1,140  158,100   0.017    2,610  67%           111,400   0.021    2,330
TOTAL NORTH AMERICA             308,700 0.053    16,260 787,800   0.027    21,420 1,096,500 0.034    37,680 77%           1,052,500 0.035    36,980
South America
   Conga, Peru^(5)      51.35%  0                0      303,400   0.021    6,460  303,400   0.021    6,460  75%           303,400   0.021    6,460
   Yanacocha Open       51.35%  23,000  0.057    1,310  73,400    0.014    1,050  96,400    0.024    2,360  73%           119,900   0.030    3,570
   Pits^(6)
   Yanacocha            51.35%  8,600   0.026    220    0                  0      8,600     0.026    220    78%           15,200    0.025    390
   In-Process^(3)
   Yanacocha                                                                                                               
   Stockpiles^(4)       51.35%  8,400   0.054    460    0                  0      8,400     0.054    460    60%
                                                                                                                          Not Disclosed in 2011
        Total           51.35%  40,000  0.050    1,990  73,400    0.014    1,050  113,400   0.027    3,040  72%           135,100   0.029    3,960
        Yanacocha, Peru
   La Zanja, Peru^(7)   46.94%  1,700   0.021    40     10,800    0.017    190    12,500    0.018    230    66%           21,400    0.016    330
   Merian, Suriname^(8) 80%     0                0      79,800    0.036    2,850  79,800    0.036    2,850  93%
TOTAL SOUTH AMERICA             41,700  0.048    2,030  467,400   0.023    10,550 509,100   0.025    12,580 78%           459,900   0.023    10,750
Asia Pacific
   Batu Hijau Open      48.5%   131,300 0.017    2,170  166,600   0.006    940    297,900   0.010    3,110  76%           323,700   0.010    3,150
   Pit^(9)
   Batu Hijau           48.5%   0                0      140,600   0.003    440    140,600   0.003    440    70%           156,900   0.003    490
   Stockpiles^(4)(5)(9)
        Total Batu
        Hijau,          48.5%   131,300 0.017    2,170  307,200   0.004    1,380  438,500   0.008    3,550  76%           480,600   0.008    3,640
        Indonesia
   Boddington, Western  100%    117,100 0.020    2,390  813,400   0.019    15,270 930,500   0.019    17,660 81%           1,053,500 0.019    19,490
   Australia^ 
   Boddington           100%    32,000  0.017    540    31,800    0.013    400    63,800    0.015    940    81%           0                  0
   Stockpiles
        Total
        Boddington,     100%    149,100 0.020    2,930  845,200   0.019    15,670 994,300   0.019    18,600 81%           1,053,500 0.019    19,490
        Western
        Australia
   Duketon, Western     19.75%  1,500   0.044    70     11,100    0.045    500    12,600    0.045    570    95%           10,800    0.045    490
   Australia^(10)
   Jundee, Western      100%    2,300   0.090    210    1,600     0.188    300    3,900     0.130    510    91%           3,800     0.174    650
   Australia
   Kalgoorlie Open Pit  50%     11,700  0.059    690    38,700    0.056    2,180  50,400    0.057    2,870  85%           55,000    0.057    3,140
   and Underground
   Kalgoorlie           50%     57,900  0.023    1,330  0                  0      57,900    0.023    1,330  83%           53,900    0.023    1,260
   Stockpiles^(4)(5)
        Total
        Kalgoorlie,     50%     69,600  0.029    2,020  38,700    0.056    2,180  108,300   0.039    4,200  84%           108,900   0.040    4,400
        Western
        Australia
   Tanami, Northern     100%    5,000   0.174    860    8,900     0.153    1,360  13,900    0.161    2,220  95%           16,700    0.152    2,520
   Territory
   Waihi, New Zealand^  100%    100     0.175    20     2,900     0.097    280    3,000     0.101    300    89%           3,200     0.112    360
TOTAL ASIA PACIFIC              358,900 0.023    8,280  1,215,600 0.018    21,670 1,574,500 0.019    29,950 82%           1,677,500 0.019    31,550
Africa
   Ahafo Open Pits^(11) 100%    0                0      183,100   0.055    10,150 183,100   0.055    10,150 88%           194,700   0.055    10,790
   Ahafo                100%    0       0.000    0      4,900     0.13     630    4,900     0.129    630    92%           5,900     0.112    660
   Underground^(12)
   Ahafo Stockpiles^(4) 100%    27,200  0.030    800    0                  0      27,200    0.030    800    86%           21,000    0.030    630
        Total Ahafo,    100%    27,200  0.030    800    188,000   0.057    10,780 215,200   0.054    11,580 88%           221,600   0.055    12,080
        Ghana
   Akyem, Ghana^(13)    100%    300     0.097    20     144,300   0.051    7,360  144,600   0.051    7,380  88%           144,500   0.051    7,390
TOTAL AFRICA                    27,500  0.030    820    332,300   0.055    18,140 359,800   0.053    18,960 88%           366,100   0.053    19,470
TOTAL NEWMONT WORLDWIDE         736,800 0.037    27,390 2,803,100 0.026    71,780 3,539,900 0.028    99,170 81%           3,556,000 0.028    98,750
      Reserves are calculated at a a gold price of US$1,400, A$1,400, or NZ$1,800 per ounce unless otherwise noted. 2011 reserves were calculated
(1)   at a gold price of  US$1,200, A$1,250, or NZ$1,600  per ounce unless otherwise noted.  Tonnage amounts have been rounded to the nearest
      100,000 unless they are less than 50,000, and gold ounces have been rounded to the nearest 10,000.
(2)   Reserve estimates provided by Barrick, the operator of the Turquoise Ridge
      Joint Venture.  
      In-process material is the material on leach pads at the end of each year from which gold remains to be recovered.  In-process material
(3)   reserves are reported separately where tonnage or contained ounces are greater than 5% of the total site-reported reserves and contained
      ounces are greater than 100,000.
      Stockpiles are comprised primarily of material that has been set aside to allow processing of higher grade material in the mills.  Stockpiles
(4)   increase or decrease depending on current mine plans.  Stockpile reserves are reported separately where tonnage or contained ounces are
      greater than 5% of the total site-reported reserves and contained ounces are greater than 100,000.
(5)   Project is under development. 
(6)   Reserves include the currently undeveloped deposit at La Quinua Sur and Marleny, which contains reserves of 0.5
      million attributable ounces.
(7)   Reserves estimates were provided by Buenaventura, the operator of the La
      Zanja project. 
      Project has completed Feasibility and awaits construction decision.  Percentage reflects Newmont's economic interest at the time of Reserve
(8)   declaration.  Mineral agreement with the Government of Suriname allows the government to purchase up to 25% interest in the project within 60
      days after exploitation license is issued, which is expected in early 2013. 
(9)   Percentage reflects Newmont's economic interest as of December 31, 2012.
(10)  Reserve estimates provided by Regis Resources Ltd, in which Newmont holds a
      19.75% interest. 
(11)  Includes undeveloped reserves at Yamfo South, Yamfo Central, Techire West, Subenso South, Subenso North, Yamfo Northeast, and Susuan
      totaling 3.2 million ounces. 
(12)  Subika Underground project is under development. 
(13)  Project is under development. 

 

Attributable Proven, Probable, and Combined Gold Reserves^(1), Metric Units
December 31, 2012                                                                                                       December 31, 2011
                           Proven Reserves          Probable Reserves          Proven and Probable        Metallurgical Proven + Probable Reserves
                                                                               Reserves                   Recovery
Deposits/Districts Newmont Tonnage Grade     Gold   Tonnage   Grade     Gold   Tonnage   Grade     Gold                 Tonnage   Grade     Gold
by Reporting Unit  Share
                           (x1000  (g/tonne) (x1000 (x1000    (g/tonne) (x1000 (x1000    (g/tonne) (x1000               (x1000    (g/tonne) (x1000
                           tonnes)           ozs)   tonnes)             ozs)   tonnes)             ozs)                 tonnes)             ozs)
North America
 Carlin Open Pits, 100%    74,500  2.01      4,810  209,700   1.01      6,840  284,200   1.28      11,650 74%           300,900   1.30      12,620
 Nevada
 Carlin
 Underground,      100%    13,100  8.66      3,650  8,200     9.78      2,580  21,300    9.09      6,230  86%           16,400    9.66      5,090
 Nevada
 Midas, Nevada     100%    100     6.54      30     400       1.90      20     500       3.25      50     90%           700       7.76      160
 Phoenix, Nevada   100%    20,600  0.66      440    378,400   0.57      6,990  399,000   0.58      7,430  73%           405,700   0.56      7,250
 Twin Creeks,      100%    6,400   3.47      720    46,500    1.79      2,680  52,900    2.00      3,400  80%           43,800    2.69      3,780
 Nevada
 Turquoise Ridge,  25%     2,000   13.59     860    2,700     12.68     1,080  4,700     13.07     1,940  92%           3,600     15.14     1,760
 Nevada^(2)
 Nevada            100%    23,200  0.61      450    0                   0      23,200    0.61      450    64%           20,800    0.69      460
 In-Process^(3)
 Nevada            100%    62,500  1.90      3,830  3,000     0.91      90     65,500    1.86      3,920  75%           61,900    1.77      3,530
 Stockpiles^(4)
     Total Nevada          202,400 2.27      14,790 648,900   0.97      20,280 851,300   1.28      35,070 77%           853,800   1.26      34,650
 La Herradura,     44%     77,500  0.59      1,470  65,900    0.54      1,140  143,400   0.57      2,610  67%           101,100   0.72      2,330
 Mexico
TOTAL NORTH                279,900 1.81      16,260 714,800   0.93      21,420 994,700   1.18      37,680 77%           954,900   1.20      36,980
AMERICA
South America
 Conga, Peru^(5)   51.35%  0                 0      275,200   0.73      6,460  275,200   0.73      6,460  75%           275,200   0.73      6,460
 Yanacocha Open    51.35%  20,900  1.95      1,310  66,600    0.49      1,050  87,500    0.84      2,360  73%           108,800   1.02      3,570
 Pits^(6)
 Yanacocha         51.35%  7,800   0.88      220    0                   0      7,800     0.88      220    78%           13,800    0.87      390
 In-Process^(3)
 Yanacocha                                                                                                               
 Stockpiles^(4)    51.35%  7,600   1.86      460    0                   0      7,600     1.86      460    60%
                                                                                                                        Not Disclosed in 2011
     Total
     Yanacocha,    51.35%  36,300  1.70      1,990  66,600    0.49      1,050  102,900   0.92      3,040  72%           122,600   1.00      3,960
     Peru
 La Zanja,         46.94%  1,600   0.71      40     9,800     0.60      190    11,400    0.61      230    66%           19,400    0.54      330
 Peru^(7)
 Merian,           80%     0                 0      72,400    1.22      2,850  72,400    1.22      2,850  93%           0                   0
 Suriname^(8)
TOTAL SOUTH                37,900  1.66      2,030  424,000   0.77      10,550 461,900   0.85      12,580 78%           417,200   0.80      10,750
AMERICA
Asia Pacific
 Batu Hijau Open   48.5%   119,100 0.57      2,170  151,100   0.19      940    270,200   0.36      3,110  76%           293,600   0.33      3,150
 Pit^(9)
 Batu Hijau        48.5%   0                 0      127,600   0.11      440    127,600   0.11      440    70%           142,400   0.11      490
 Stockpiles^(5)(9)
     Total Batu
     Hijau,        48.5%   119,100 0.57      2,170  278,700   0.15      1,380  397,800   0.28      3,550  76%           436,000   0.26      3,640
     Indonesia
 Boddington,
 Western           100%    106,200 0.70      2,390  737,900   0.64      15,270 844,100   0.65      17,660 81%           955,700   0.63      19,490
 Australia^ 
 Boddington                                                                                                              
 Stockpiles        100%    29,000  0.58      540    28,800    0.43      400    57,800    0.50      940    81%
                                                                                                                        Not Disclosed in 2011
     Total
     Boddington,   100%    135,200 0.67      2,930  766,700   0.64      15,670 901,900   0.64      18,600 81%           955,700   0.80      19,490
     Western
     Australia
 Duketon, Western  19.75%  1,400   1.51      70     10,100    1.53      500    11,500    1.53      570    95%           9,800     1.54      490
 Australia^(10)
 Jundee, Western   100%    2,100   3.10      210    1,500     6.43      300    3,600     4.46      510    91%           3,400     5.95      650
 Australia
 Kalgoorlie Open
 Pit and           50%     10,600  2.02      690    35,100    1.93      2,180  45,700    1.95      2,870  85%           49,900    1.96      3,140
 Underground
 Kalgoorlie        50%     52,500  0.79      1,330  0                   0      52,500    0.79      1,330  83%           48,900    0.80      1,260
 Stockpiles^(5)
     Total
     Kalgoorlie,   50%     63,100  1.00      2,020  35,100    1.93      2,180  98,200    1.33      4,200  84%           98,800    1.38      4,400
     Western
     Australia
 Tanami, Northern  100%    4,500   5.97      860    8,100     5.25      1,360  12,600    5.51      2,220  95%           15,100    5.20      2,520
 Territory
 Waihi, New        100%    100     6.01      20     2,600     3.34      280    2,700     3.45      300    89%           2,900     3.85      360
 Zealand^ 
TOTAL ASIA PACIFIC         325,500 0.79      8,280  1,102,800 0.61      21,670 1,428,300 0.65      29,950 82%           1,521,700 0.65      31,550
Africa
 Ahafo Open        100%    0                 0      166,100   1.90      10,150 166,100   1.90      10,150 88%           176,600   1.90      10,790
 Pits^(11)
 Ahafo             100%    0                 0      4,400     4.43      630    4,400     4.43      630    92%           5,300     3.82      660
 Underground^(12)
 Ahafo             100%    24,700  1.01      800    0                   0      24,700    1.01      800    86%           19,100    1.03      630
 Stockpiles^(4)
     Total Ahafo,  100%    24,700  1.01      800    170,500   1.97      10,780 195,200   1.85      11,580 88%           201,000   1.87      12,080
     Ghana
 Akyem, Ghana^(13) 100%    200     3.33      20     130,900   1.75      7,360  131,100   1.75      7,380  88%           131,100   1.75      7,390
TOTAL AFRICA               24,900  1.03      820    301,400   1.87      18,140 326,300   1.81      18,960 88%           332,100   1.82      19,470
TOTAL NEWMONT              668,200 1.27      27,390 2,543,000 0.88      71,780 3,211,200 0.96      99,170 81%           3,225,900 0.95      98,750
WORLDWIDE
   See Footnotes under Gold Reserves U.S. units table.

Attributable Gold Mineral Resources^(1)(2)- December 31, 2012, U.S. Units
                           Gold Measured Resource  Gold Indicated Resource Gold Measured + Indicated Gold Inferred Resource
                                                                           Resource^(3)
                   Newmont Tonnage Grade    Au     Tonnage Grade    Au     Tonnage   Grade    Au     Tonnage Grade    Au
Deposits/Districts Share   (x1000  (oz/ton) (x1000 (x1000  (oz/ton) (x1000 (x1000    (oz/ton) (x1000 (x1000  (oz/ton) (x1000
                           tons)            ozs)   tons)            ozs)   tons)              ozs)   tons)            ozs)
North America
     Buffalo
     Valley,       70%     0                0      17,900  0.018    330    17,900    0.018    330    600     0.010    10
     Nevada
     Carlin Trend
     Open Pit,     100%    26,200  0.036    940    62,700  0.023    1,430  88,900    0.027    2,370  18,900  0.018    350
     Nevada
     Carlin Trend
     Underground,  100%    500     0.148    70     800     0.199    170    1,300     0.180    240    4,000   0.26     1,020
     Nevada
     Lone Tree
     Complex,      100%    0                0      2,200   0.023    50     2,200     0.023    50     5,000   0.016    80
     Nevada
     Long Canyon,  100%    0                0      0                0      0                  0      27,900  0.094    2,630
     Nevada
     Midas, Nevada 100%    0       0.149    0      100     0.039    0      100       0.056    0      300     0.07     20
     Phoenix,      100%    6,300   0.015    90     191,800 0.013    2,430  198,100   0.013    2,520  117,200 0.012    1,390
     Nevada
     Sandman,      100%    0                0      1,300   0.036    50     1,300     0.036    50     1,100   0.063    70
     Nevada
     Turquoise
     Ridge,        25%     500     0.365    200    500     0.328    160    1,000     0.347    360    900     0.42     380
     Nevada^(4)
     Twin Creeks,  100%    5,100   0.070    350    36,800  0.058    2,120  41,900    0.059    2,470  3,900   0.061    240
     Nevada
     Nevada
     Stockpiles,   100%    5,800   0.037    210    0                0      5,800     0.037    210    2,300   0.043    100
     Nevada ^(5)
       Total               44,400  0.042    1,860  314,100 0.021    6,740  358,500   0.024    8,600  182,100 0.034    6,290
       Nevada
     La Herradura, 44%     30,600  0.020    610    39,900  0.017    670    70,500    0.018    1,280  59,400  0.016    940
     Mexico
Total North                75,000  0.033    2,470  354,000 0.021    7,410  429,000   0.023    9,880  241,500 0.030    7,230
America
South America
     Conga, Peru   51.35%  0       0.000    0      89,300  0.012    1,030  89,300    0.012    1,030  130,500 0.011    1,480
     Yanacocha,    51.35%  13,000  0.040    520    24,400  0.016    400    37,400    0.025    920    93,800  0.025    2,360
     Peru
     La Zanja,     46.94%  0       0.006    0      400     0.007    0      400       0.007    0      2,800   0.017    50
     Peru ^(6)
     Merian,       80%     0                0      4,100   0.056    230    4,100     0.056    230    30,000  0.030    910
     Suriname
Total South                13,000  0.040    520    118,200 0.014    1,660  131,200   0.017    2,180  257,100 0.019    4,800
America
Asia Pacific
     Batu Hijau,   48.5%   8,100   0.018    150    141,300 0.007    1,040  149,400   0.008    1,190  27,600  0.002    50
     Indonesia^(7)
     Boddington,
     Western       100%    35,500  0.015    540    225,900 0.013    3,010  261,400   0.014    3,550  15,600  0.015    240
     Australia
     Duketon,
     Western       19.75%  700     0.016    10     10,200  0.023    240    10,900    0.023    250    24,200  0.026    640
     Australia^(8)
     Jundee,
     Western       100%    0                0      300     0.108    30     300       0.108    30     500     0.138    70
     Australia
     Kalgoorlie,
     Western       50%     5,300   0.038    200    15,900  0.034    540    21,200    0.035    740    400     0.076    30
     Australia
     McPhilliamys,
     New South     19.75%  0                0      9,000   0.037    330    9,000     0.037    330    3,500   0.046    160
     Wales^(8)
     Tanami,
     Northern      100%    900     0.129    110    2,800   0.116    330    3,700     0.119    440    7,100   0.193    1,370
     Territories
     Waihi, New    100%    0                0      1,800   0.267    480    1,800     0.267    480    800     0.192    150
     Zealand
Total Asia Pacific         50,500  0.020    1,010  407,200 0.015    6,000  457,700   0.015    7,010  79,700  0.034    2,710
Africa
     Ahafo, Ghana  100.0%  0                0      83,200  0.037    3,050  83,200    0.037    3,050  42,500  0.042    1,770
       Subika      100.0%  0                0      0       0.000    0      0         0.000    0      9,400   0.136    1,280
       Underground
     Total Ahafo   100.0%  0                0      83,200  0.037    3,050  83,200    0.037    3,050  51,900  0.059    3,050
     Akyem, Ghana  100.0%  0                0      13,300  0.016    210    13,300    0.016    210    3,400   0.030    100
Total Africa               0                0      96,500  0.034    3,260  96,500    0.034    3,260  55,300  0.057    3,150
TOTAL NEWMONT WORLDWIDE    138,500 0.029    4,000  975,900 0.019    18,330 1,114,400 0.020    22,330 633,600 0.028    17,890
(1)  Resources are reported exclusive of reserves.
     Resources calculated at a gold price of US$1,600 or A$1,600 per ounce unless otherwise noted.  2011 Resources were
(2)  calculated at a gold price of US$1,400 or A$1,475 per ounce. Tonnage amounts have been rounded to the nearest 100,000
     and pounds have been rounded to the nearest 10 thousand.
(3)  Measured and Indicated combined Resources are equivalent to Mineralized Material disclosed in Newmont's 10K filing.
(4)  Resource estimates provided by Barrick, the operator of the Turquoise Ridge joint venture.
     Stockpiles are comprised primarily of material that has been set aside to allow processing of higher
(5)  grade material in the mills. Stockpiles increase or decrease depending on current mine plans. Stockpile
     reserves are reported separately where tonnage or ounces are greater than 5% of the total site-reported
     reserves and ounces are greater than 100,000.
(6)  Reserve estimates provided by Buenaventura, the operator of the La Zanja project.
(7)  Percentage reflects Newmont's economic interest at December 31, 2012.
(8)  Resource estimates provided by Regis Resources Ltd, in which Newmont holds a 19.75% interest. 

 

Attributable Gold Mineral Resources^(1)(2)- December 31, 2012, Metric units
                           Gold Measured Resource   Gold Indicated Resource  Gold Measured + Indicated  Gold Inferred Resource
                                                                             Resource^(3)
                   Newmont Tonnage Grade     Au     Tonnage Grade     Au     Tonnage   Grade     Au     Tonnage Grade     Au
Deposits/Districts Share   (x1000  (g/tonne) (x1000 (x1000  (g/tonne) (x1000 (x1000    (g/tonne) (x1000 (x1000  (g/tonne) (x1000
                           tonnes)           ozs)   tonnes)           ozs)   tonnes)             ozs)   tonnes)           ozs)
North America
    Buffalo        70%     0                 0      16,200  0.63      330    16,200    0.63      330    500     0.35      10
    Valley, Nevada
    Carlin Trend
    Open Pit,      100%    23,800  1.22      940    56,900  0.78      1,430  80,700    0.91      2,370  17,100  0.63      350
    Nevada
    Carlin Trend
    Underground,   100%    400     5.07      70     800     6.82      170    1,200     6.19      240    3,600   8.75      1,020
    Nevada
    Lone Tree
    Complex,       100%    0                 0      2,000   0.79      50     2,000     0.79      50     4,600   0.55      80
    Nevada
    Long Canyon,   100%    0                 0      0                 0      0                   0      25,400  3.22      2,630
    Nevada
    Midas, Nevada  100%    0       5.10      0      100     1.35      0      100       1.93      0      300     2.27      20
    Phoenix,       100%    5,700   0.50      90     174,000 0.43      2,430  179,700   0.44      2,520  106,300 0.41      1,390
    Nevada
    Sandman,       100%    0                 0      1,200   1.23      50     1,200     1.23      50     1,000   2.17      70
    Nevada
    Turquoise
    Ridge,         25%     500     12.51     200    400     11.25     160    900       11.91     360    800     14.28     380
    Nevada^(4)
    Twin Creeks,   100%    4,600   2.39      350    33,400  1.98      2,120  38,000    2.03      2,470  3,600   2.10      240
    Nevada
    Nevada
    Stockpiles,    100%    5,200   1.25      210    0                 0      5,200     1.25      210    2,100   1.48      100
    Nevada ^(5)
      Total Nevada         40,200  1.44      1,860  285,000 0.74      6,740  325,200   0.82      8,600  165,300 1.18      6,290
    La Herradura,  44%     27,700  0.69      610    36,200  0.57      670    63,900    0.62      1,280  53,900  0.54      940
    Mexico
Total North                67,900  1.13      2,470  321,200 0.72      7,410  389,100   0.79      9,880  219,200 1.02      7,230
America
South America
    Conga, Peru    51.35%  0       0.00      0      81,000  0.40      1,030  81,000    0.40      1,030  118,400 0.39      1,480
    Yanacocha,     51.35%  11,800  1.38      520    22,100  0.56      400    33,900    0.85      920    85,100  0.86      2,360
    Peru
    La Zanja, Peru 46.94%  0       0.20      0      300     0.23      0      300       0.23      0      2,600   0.58      50
    ^(6)
    Merian,        80%     0                 0      3,700   1.90      230    3,700     1.90      230    27,200  1.04      910
    Suriname
Total South                11,800  1.38      520    107,100 0.48      1,660  118,900   0.57      2,180  233,300 0.64      4,800
America
Asia Pacific
    Batu Hijau,    48.5%   7,300   0.62      150    128,200 0.25      1,040  135,500   0.27      1,190  25,000  0.07      50
    Indonesia^(7)
    Boddington,
    Western        100%    32,200  0.52      540    204,900 0.46      3,010  237,100   0.47      3,550  14,200  0.52      240
    Australia
    Duketon,
    Western        19.75%  700     0.54      10     9,200   0.80      240    9,900     0.78      250    21,900  0.91      640
    Australia^(8)
    Jundee,
    Western        100%    0                 0      200     3.69      30     200       3.69      30     500     4.74      70
    Australia
    Kalgoorlie,
    Western        50%     4,800   1.29      200    14,500  1.16      540    19,300    1.19      740    300     2.61      30
    Australia
    McPhilliamys,
    New South      19.75%  0                 0      8,200   1.27      330    8,200     1.27      330    3,200   1.57      160
    Wales^(8)
    Tanami,
    Northern       100%    800     4.41      110    2,600   3.97      330    3,400     4.08      440    6,500   6.61      1,370
    Territories
    Waihi, New     100%    0                 0      1,600   9.14      480    1,600     9.14      480    700     6.57      150
    Zealand
Total Asia Pacific         45,800  0.69      1,010  369,400 0.51      6,000  415,200   0.53      7,010  72,300  1.17      2,710
Africa
    Ahafo, Ghana   100.0%  0                 0      75,500  1.26      3,050  75,500    1.26      3,050  38,500  1.43      1,770
      Subika       100.0%  0                 0      0       0.00      0      0         0.00      0      8,500   4.66      1,280
      Underground
    Total Ahafo    100.0%  0                 0      75,500  1.26      3,050  75,500    1.26      3,050  47,000  2.02      3,050
    Akyem, Ghana   100.0%  0                 0      12,000  0.55      210    12,000    0.55      210    3,100   1.01      100
Total Africa               0                 0      87,500  1.16      3,260  87,500    1.16      3,260  50,100  1.96      3,150
TOTAL NEWMONT WORLDWIDE    125,500 0.99      4,000  885,200 0.64      18,330 1,010,700 0.69      22,330 574,900 0.97      17,890
    See footnotes in Gold Resources U.S. units table.

 

Attributable Copper Reserves^(1)U.S. Units
December 31, 2012
                                                                                                                      December 31, 2011
                               Proven Reserves        Probable Reserves        Proven + Probable                      Proven + Probable
                                                                               Reserves                               Reserve
Deposits/Districts     Newmont Tonnage Grade Copper   Tonnage   Grade Copper   Tonnage   Grade Copper   Metallurgical Tonnage   Grade Copper
                       Share   (x1000  (Cu%) (million (x1000    (Cu%) (million (x1000    (Cu%) (million Recovery      (x1000    (Cu%) (million
                               tons)         pounds)  tons)           pounds)  tons)           pounds)                tons)           pounds)
North America
  Phoenix, Nevada      100%    22,700  0.15% 70       420,500   0.15% 1,220    443,200   0.15% 1,290    61%           450,300   0.15% 1,300
  Phoenix Copper       100%    0             0        177,100   0.24% 850      177,100   0.24% 850      58%           170,200   0.22% 740
  Leach, Nevada^(2)
TOTAL NORTH AMERICA            22,700  0.15% 70       597,600   0.17% 2,070    620,300   0.17% 2,140    59%           620,500   0.16% 2,040
South America
  Conga, Peru^(3)      51.35%  0             0        303,400   0.28% 1,690    303,400   0.28% 1,690    85%           303,400   0.28% 1,690
TOTAL SOUTH AMERICA            0             0        303,400   0.28% 1,690    303,400   0.28% 1,690    85%           303,400   0.28% 1,690
Asia Pacific
    Batu Hijau^(4)     48.5%   131,300 0.51% 1,340    166,600   0.36% 1,220    297,900   0.43% 2,560    75%           323,700   0.41% 2,670
    Batu Hijau         48.5%   0             0        140,600   0.33% 940      140,600   0.33% 940      59%           156,900   0.34% 1,060
    Stockpiles^(4)(5) 
  Batu Hijau,          48.5%   131,300 0.51% 1,340    307,200   0.35% 2,160    438,500   0.40% 3,500    71%           480,600   0.39% 3,730
  Indonesia^ 
    Boddington         100%    117,100 0.10% 230      813,400   0.11% 1,840    930,500   0.11% 2,070    83%           1,053,500 0.11% 2,260
    Boddington         100%    32,000  0.10% 60       31,800    0.07% 50       63,800    0.08% 110      83%
    Stockpiles^(5)
  Boddington, Western  100%    149,100 0.29% 290      845,200   0.18% 1,890    994,300   0.20% 2,180    83%           1,053,500 0.11% 2,260
  Australia
TOTAL ASIA PACIFIC             280,400 0.29% 1,630    1,152,400 0.18% 4,050    1,432,800 0.20% 5,680    75%           1,534,100 0.20% 5,990
TOTAL NEWMONT                  303,100 0.28% 1,700    2,053,400 0.19% 7,810    2,356,500 0.20% 9,510    73%           2,458,000 0.20% 9,720
WORLDWIDE
    Reserves are calculated at US$3.25 or A$3.25 per pound copper price unless otherwise noted.  2011 reserves were calculated at US$3.00 or
(1) A$3.15 per pound copper price unless otherwise noted.  Tonnage amounts have been rounded to the nearest 100,000 and pounds have been
    rounded to the nearest 10 million.
(2) Project is under development.  Leach reserves are within Phoenix Reserve Pit.
(3) Project is under development. 
(4) Percentage reflects Newmont's economic interest at December 31, 2012.
    Stockpiles are comprised primarily of material that has been set aside to allow processing of higher grade material.  Stockpiles increase
(5) or decrease depending on current mine plans.  Stockpiles are reported separately where tonnage or contained metal are greater than 5% of
    the total site reported reserves.

Attributable Copper Reserves^(1)Metric Units
December 31, 2012
                                                                                                                      December 31, 2011
                             Proven Reserves        Probable Reserves         Proven + Probable                       Proven + Probable Reserve
                                                                              Reserves
Deposits/Districts   Newmont Tonnage Grade Copper   Tonnage   Grade Copper    Tonnage   Grade Copper    Metallurgical Tonnage   Grade Copper
                     Share   (x1000  (Cu%) (Tonnes) (x1000    (Cu%) (Tonnes)  (x1000    (Cu%) (Tonnes)  Recovery      (x1000    (Cu%) (Tonnes)
                             tonnes)                tonnes)                   tonnes)                                 tonnes)
North America
 Phoenix, Nevada     100%    20,600  0.15% 31,570   381,500   0.15% 554,220   402,100   0.15% 585,790   61%           408,500   0.15% 593,140
 Phoenix Copper      100%    0             0        160,600   0.24% 384,130   160,600   0.24% 384,130   58%           154,400   0.22% 339,680
 Leach, Nevada^(2)
TOTAL NORTH AMERICA          20,600  0.15% 31,570   542,100   0.17% 938,350   562,700   0.17% 969,920   59%           562,900   0.16% 932,820
South America
 Conga, Peru^(3)     51.35%  0             0        275,200   0.28% 767,420   275,200   0.28% 767,420   85%           275,200   0.28% 767,300
TOTAL SOUTH AMERICA          0             0        275,200   0.28% 767,420   275,200   0.28% 767,420   85%           303,400   0.28% 767,300
Asia Pacific
  Batu Hijau^(4)     48.5%   119,100 0.51% 606,440  151,100   0.36% 551,440   270,200   0.43% 1,157,880 75%           293,700   0.41% 1,211,990
  Batu Hijau         48.5%   0             0        127,600   0.33% 425,430   127,600   0.33% 425,430   59%           142,300   0.34% 481,570
  Stockpiles^(4)(5) 
 Batu Hijau,         48.5%   119,100 0.51% 606,440  278,700   0.35% 976,870   397,800   0.40% 1,583,310 71%           436,000   0.39% 1,693,560
 Indonesia^ 
  Boddington         100%    106,200 0.10% 106,500  737,900   0.11% 832,830   844,100   0.11% 939,330   83%           955,700   0.11% 1,025,450
  Boddington         100%    29,000  0.10% 27,930   28,800    0.07% 20,880    57,800    0.08% 48,810    83%
  Stockpiles^(5)
 Boddington, Western 100%    135,200 0.10% 134,430  766,700   0.11% 853,710   901,900   0.11% 988,140   83%           955,700   0.11% 1,025,450
 Australia
TOTAL ASIA PACIFIC           254,300 0.29% 740,870  1,045,400 0.18% 1,830,580 1,299,700 0.20% 2,571,450 75%           1,534,100 0.20% 2,719,010
TOTAL NEWMONT                274,900 0.28% 772,440  1,862,700 0.19% 3,536,350 2,137,600 0.20% 4,308,790 73%           2,458,000 0.20% 4,419,130
WORLDWIDE
  See Footnotes under Copper Reserves U.S. units table.

 

Attributable Copper Mineral Resources^(1)(2)
December 31, 2012
                           Measured Resources     Indicated Resources    Measured + Indicated   Inferred Resources
                                                                         Resources^(3)
Deposits/Districts Newmont Tonnage Grade Copper   Tonnage Grade Copper   Tonnage Grade Copper   Tonnage Grade Copper
                   Share   (x1000  (Cu%) (million (x1000  (Cu%) (million (x1000  (Cu%) (million (x1000  (Cu%) (million
                           tons)         Pounds)  tons)         Pounds)  tons)         Pounds)  tons)         Pounds)
North America
   Phoenix, Nevada 100%    6,300   0.07% 10       191,800 0.08% 300      198,100 0.08% 310      119,600 0.10% 230
   Phoenix Copper  100%    1,000   0.34% 10       21,300  0.25% 110      22,300  0.25% 120      16,900  0.20% 70
   Leach, Nevada
TOTAL NORTH                7,300   0.11% 20       213,100 0.09% 410      220,400 0.10% 430      136,500 0.11% 300
AMERICA
South America
   Conga, Peru     51.35%  0             0        89,300  0.19% 350      89,300  0.19% 350      130,480 0.19% 490
TOTAL SOUTH                0             0        89,300  0.19% 350      89,300  0.19% 350      130,480 0.19% 490
AMERICA
Asia Pacific
   Batu Hijau,     48.5%   8,100   0.37% 60       141,300 0.34% 970      149,400 0.34% 1,030    27,600  0.27% 150
   Indonesia^(4)
   Boddington,
   Western         100%    35,500  0.07% 50       225,900 0.08% 360      261,400 0.08% 410      15,600  0.11% 30
   Australia
TOTAL ASIA PACIFIC         43,600  0.12% 110      367,200 0.18% 1,330    410,800 0.18% 1,440    43,200  0.21% 180
TOTAL NEWMONT              50,900  0.12% 130      669,600 0.16% 2,090    720,500 0.15% 2,220    310,180 0.16% 970
WORLDWIDE
(1)     Resources are reported exclusive of reserves.
        Resources calculated at a copper price of US$3.50 or A$3.50 per pound unless otherwise noted.  2011 Resources
(2)     were calculated at a copper price of US$3.50 or A$3.70 per pound. Tonnage amounts have been rounded to the
        nearest 100,000 and pounds have been rounded to the nearest 10 million.
(3)     Measured and Indicated combined Resources are equivalent to Mineralized Material disclosed in Newmont's 10K
        filing.
(4)     Percentage reflects Newmont's economic interest at December 31, 2012.

 

Attributable Copper Mineral Resources^(1)(2)Metric Units
December 31, 2012
                           Measured Resources     Indicated Resources    Measured + Indicated    Inferred Resources
                                                                         Resources^(3)
Deposits/Districts Newmont Tonnage Grade Copper   Tonnage Grade Copper   Tonnage Grade Copper    Tonnage Grade Copper
                   Share   (x1000  (Cu%) (tonnes) (x1000  (Cu%) (tonnes) (x1000  (Cu%) (tonnes)  (x1000  (Cu%) (tonnes)
                           tonnes)                tonnes)                tonnes)                 tonnes)
North America
  Phoenix, Nevada  100%    5,700   0.07% 4,110    174,000 0.08% 135,170  179,700 0.08% 139,280   108,500 0.10% 104,570
  Phoenix Copper   100%    900     0.34% 3,060    19,300  0.25% 48,300   20,200  0.25% 51,360    15,300  0.20% 30,540
  Leach, Nevada
TOTAL NORTH                6,600   0.11% 7,170    193,300 0.09% 183,470  199,900 0.10% 190,640   123,800 0.11% 135,110
AMERICA
South America
  Conga, Peru      51.35%  0             0        81,000  0.19% 156,960  81,000  0.19% 156,960   118,400 0.19% 221,030
TOTAL SOUTH                0             0        81,000  0.19% 156,960  81,000  0.19% 156,960   118,400 0.19% 221,030
AMERICA
Asia Pacific
  Batu Hijau,      48.5%   7,300   0.37% 27,230   128,200 0.34% 440,320  135,500 0.34% 467,550   25,000  0.27% 68,080
  Indonesia^(3)
  Boddington,
  Western          100%    32,200  0.07% 21,090   204,900 0.08% 164,200  237,100 0.08% 185,290   14,200  0.11% 15,040
  Australia
TOTAL ASIA PACIFIC         39,500  0.12% 48,320   333,100 0.18% 604,520  372,600 0.18% 652,840   39,200  0.21% 83,120
TOTAL NEWMONT              46,100  0.12% 55,490   607,400 0.16% 944,950  653,500 0.15% 1,000,440 281,400 0.16% 439,260
WORLDWIDE
       See Footnotes under Copper Resources U.S. units table.

 

Attributable Proven, Probable, and Combined Silver Reserves^(1)U.S. Units
December 31, 2012
                                                                                                                          December 31, 2011
                              Proven Reserves         Probable Reserves          Proven and Probable        Metallurgical Proven and Probable
Deposits/Districts by                                                            Reserves                   Recovery      Reserves
Reporting Unit        Newmont Tonnage Grade    Silver Tonnage   Grade    Silver  Tonnage   Grade    Silver                Tonnage   Grade    Silver
                      Share   (x1000  (oz/ton) (x1000 (x1000    (oz/ton) (x1000  (x1000    (oz/ton) (x1000                (x1000    (oz/ton) (x1000
                              tons)            ozs)   tons)              ozs)    tons)              ozs)                  tons)              ozs)
North America
  Midas, Nevada       100%    200     3.072    510    400       9.731    3,900   600       7.791    4,410   90%           800       7.201    5,250
  Phoenix, Nevada     100%    22,700  0.288    6,540  420,500   0.252    106,040 443,200   0.254    112,580 36%           450,300   0.244    109,980
TOTAL NORTH AMERICA           22,900  0.308    7,050  420,900   0.261    109,940 443,800   0.264    116,990 38%           451,100   0.255    115,230
South America
  Conga, Peru         51.35%  0                0      303,400   0.064    19,400  303,400   0.064    19,400  70%           303,400   0.064    19,400
    Yanacocha Open    51.35%  19,700  0.167    3,300  65,700    0.078    5,110   85,400    0.098    8,410   29%           89,600    0.125    11,240
    Pits, Peru
    Yanacocha         51.35%  0                0      71,600    0.257    18,370  71,600    0.257    18,370  10%           59,500    0.485    28,840
    In-Process^(2)
    Yanacocha         51.35%  8,400   1.235    10,380 0                  0       8,400     1.235    10,380  31%           6,100     1.235    7,430
    Stockpiles^(3)
  Total Yanacocha,    51.35%  28,100  0.486    13,680 137,300   0.171    23,480  165,400   0.225    37,160  20%           155,200   0.306    47,510
  Peru
TOTAL SOUTH AMERICA           28,100  0.486    13,680 440,700   0.097    42,880  468,800   0.121    56,560  37%           458,600   0.146    66,910
Asia Pacific
    Batu Hijau Open   48.5%   131,300 0.047    6,120  166,600   0.024    3,980   297,900   0.034    10,100  78%           323,700   0.032    10,410
    Pit^(4)
    Batu Hijau        48.5%   0                0      140,600   0.015    2,140   140,600   0.015    2,140   72%           156,900   0.015    2,430
    Stockpiles^(3)(4)
  Total Batu Hijau,   48.5%   131,300 0.047    6,120  307,200   0.020    6,120   438,500   0.028    12,240  77%           480,600   0.027    12,840
  Indonesia
TOTAL ASIA PACIFIC            131,300 0.047    6,120  307,200   0.020    6,120   438,500   0.028    12,240  77%           480,600   0.027    12,840
TOTAL NEWMONT                 182,300 0.147    26,850 1,168,800 0.136    158,940 1,351,100 0.138    185,790 40%           1,390,300 0.140    194,980
WORLDWIDE
    Reserves are calculated at a a silver price of US$30.00, A$30.00, or NZ$38.75 per ounce unless otherwise noted. 2011
(1) reserves were calculated at a silver price of  US$22.00, A$23.00, or NZ$29.00  per ounce unless otherwise noted. 
    Tonnage amounts have been rounded to the nearest 100,000 unless they are less than 50,000, and silver ounces have
    been rounded to the nearest 10,000.
    In-process material is the material on leach pads at the end of each year from which gold remains to be recovered. 
(2) In-process material reserves are reported separately where tonnage or contained ounces are greater than 5% of the
    total site-reported reserves and contained ounces are greater than 100,000.
    Stockpiles are comprised primarily of material that has been set aside to allow processing of higher grade material
(3) in the mills.  Stockpiles increase or decrease depending on current mine plans.  Stockpile reserves are reported
    separately where tonnage or contained ounces are greater than 5% of the total site-reported reserves and contained
    ounces are greater than 100,000.
(4) Percentage reflects Newmont's economic interest at December 31, 2012.

 

Attributable Proven, Probable, and Combined Silver Reserves^(1) Metric Units
December 31, 2012
                                                                                                                           December 31, 2011
                            Proven Reserves          Probable Reserves           Proven and Probable         Metallurgical Proven and Probable
Deposits/Districts                                                               Reserves                    Recovery      Reserves
by Reporting Unit   Newmont Tonnage Grade     Silver Tonnage   Grade     Silver  Tonnage   Grade     Silver                Tonnage   Grade     Silver
                    Share   (x1000  (g/tonne) (x1000 (x1000    (g/tonne) (x1000  (x1000    (g/tonne) (x1000                (x1000    (g/tonne) (x1000
                            tonnes)           ozs)   tonnes)             ozs)    tonnes)             ozs)                  tonnes)             ozs)
North America
 Midas, Nevada      100%    100     105.3     510    400       333.6     3,900   500       267.1     4,410   90%           700       246.9     5,250
 Phoenix, Nevada    100%    20,600  9.9       6,540  381,500   8.6       106,040 402,100   8.7       112,580 36%           408,500   8.4       109,980
TOTAL NORTH AMERICA         20,700  10.6      7,050  381,900   9.0       109,940 402,600   9.0       116,990 38%           409,200   8.8       115,230
South America
 Conga, Peru        51.35%  0                 0      275,200   2.2       19,400  275,200   2.2       19,400  70%           275,200   2.2       19,400
  Yanacocha Open    51.35%  17,900  5.7       3,300  59,600    2.7       5,110   77,500    3.4       8,410   29%           81,300    4.3       11,240
  Pits, Peru
  Yanacocha         51.35%  0                 0      64,900    8.8       18,370  64,900    8.8       18,370  10%           54,000    16.6      28,840
  In-Process^(2)
  Yanacocha         51.35%  7,600   42.4      10,380 0                   0       7,600     42.4      10,380  31%           5,500     42.3      7,430
  Stockpiles^(3)
 Total Yanacocha,   51.35%  25,500  16.7      13,680 124,500   5.9       23,480  150,000   7.7       37,160  20%           140,800   10.5      47,510
 Peru
TOTAL SOUTH AMERICA         25,500  16.7      13,680 399,700   3.3       42,880  425,200   4.1       56,560  37%           416,000   5.0       66,910
Asia Pacific
  Batu Hijau Open   48.5%   119,100 1.6       6,120  151,100   0.8       3,980   270,200   1.2       10,100  78%           293,700   1.1       10,410
  Pit^(4)
  Batu Hijau        48.5%   0                 0      127,600   0.5       2,140   127,600   0.5       2,140   72%           142,300   0.5       2,430
  Stockpiles^(3)(4)
 Total Batu Hijau,  48.5%   119,100 1.6       6,120  278,700   0.7       6,120   397,800   1.0       12,240  77%           436,000   0.9       12,840
 Indonesia
TOTAL ASIA PACIFIC          119,100 1.6       6,120  278,700   0.7       6,120   397,800   1.0       12,240  77%           436,000   0.9       12,840
TOTAL NEWMONT               165,300 5.0       26,850 1,060,300 4.7       158,940 1,225,600 4.7       185,790 40%           1,261,200 4.8       194,980
WORLDWIDE
  See Footnotes under Silver Reserves U.S. units table.

 

Attributable Silver Mineral Resources^(1)(2)U.S. Units
                           December 31, 2012
                           Measured Resources      Indicated Resources     Measured + Indicated     Inferred Resources
                                                                           Resources^(3)
Deposits/Districts Newmont Tonnage Grade    Ag     Tonnage Grade    Ag     Tonnage Grade    Ag     Tonnage Grade    Ag
                   Share   (x1000  (oz/ton) (x1000 (x1000  (oz/ton) (x1000 (x1000  (oz/ton) (x1000 (x1000  (oz/ton) (x1000
                           tons)            ozs)   tons)            ozs)   tons)            ozs)   tons)            ozs)
North America
   Sandman, Nevada 100%    0                0      1,300   0.199    300    1,300   0.199    300    1,100   0.167    200
   Midas, Nevada   100%    0       2.236    40     100     7.717    700    100     6.879    740    300     7.156    2,500
   Phoenix, Nevada 100%    6,300   0.185    1,200  191,800 0.186    35,700 198,100 0.186    36,900 117,200 0.202    23,700
   Phoenix
   Stockpiles,     100%    0                0      0                0      0                0      2,300   0.089    200
   Nevada^(4)
TOTAL NORTH                6,300   0.190    1,240  193,200 0.190    36,700 199,500 0.190    37,940 120,900 0.220    26,600
AMERICA
South America
   Conga, Peru     51.35%  0       0        0      89,300  0.047    4,200  89,300  0.047    4,200  99,100  0.033    3,300
   Yanacocha, Peru 51.35%  12,700  0.434    5,500  16,700  0.080    1,300  29,400  0.233    6,800  10,000  0.425    4,300
TOTAL SOUTH                12,700  0.434    5,500  106,000 0.052    5,500  118,700 0.093    11,000 109,100 0.069    7,600
AMERICA
Asia Pacific
   Batu Hijau,     48.5%   8,100   0.038    300    141,300 0.027    3,700  149,400 0.027    4,000  27,600  0.016    400
   Indonesia^(5)
TOTAL ASIA PACIFIC         8,100   0.038    300    141,300 0.027    3,700  149,400 0.027    4,000  27,600  0.016    400
TOTAL NEWMONT              27,100  0.259    7,040  440,500 0.104    45,900 467,600 0.113    52,940 257,600 0.134    34,600
WORLDWIDE
(1)     Mineral Resources reported exclusive of reserves.
        Mineral Resources calculated at a silver price of US$35.00, A$35.00, or NZ$45.00 per ounce unless otherwise
(2)     noted.  2011 Resources were calculated at a silver price of US$26.00, A$27.50, or NZ$34.50 per ounce.
        Tonnage amounts have been rounded to the nearest 100,000.
(3)     Measured and Indicated combined Resources are equivalent to Mineralized Material disclosed in Newmont's 10K
        filing.
(4)     Stockpiles are comprised primarily of material that has been set aside to allow processing of higher grade
        material in the mills.  Stockpiles increase or decrease depending on current mine plans.  
(5)     Percentage reflects Newmont's economic interest at December 31, 2012.

 

 

Attributable Silver Mineral Resources^(1)(2)Metric Units
                           December 31, 2012
                           Measured Resources       Indicated Resources      Measured + Indicated      Inferred Resources
                                                                             Resources^(3)
Deposits/Districts Newmont Tonnage Grade     Ag     Tonnage Grade     Ag     Tonnage Grade     Ag     Tonnage Grade     Ag
                   Share   (x1000  (g/tonne) (x1000 (x1000  (g/tonne) (x1000 (x1000  (g/tonne) (x1000 (x1000  (g/tonne) (x1000
                           tonnes)           ozs)   tonnes)           ozs)   tonnes)           ozs)   tonnes)           ozs)
North America
  Sandman, Nevada  100%    0                 0      1,200   6.8       300    1,200   6.8       300    1,000   5.7       200
  Midas, Nevada    100%    0       76.7      40     100     264.6     700    100     235.8     740    300     245.4     2,500
  Phoenix, Nevada  100%    5,700   6.3       1,200  174,000 6.4       35,700 179,700 6.4       36,900 106,300 6.9       23,700
  Phoenix
  Stockpiles,      100%    0                 0      0                 0      0                 0      2,100   3.1       200
  Nevada^(4)
TOTAL NORTH                5,700   6.5       1,240  175,300 6.5       36,700 181,000 6.5       37,940 109,700 7.5       26,600
AMERICA
South America
  Conga, Peru      51.35%  0                 0      81,000  1.6       4,200  81,000  1.6       4,200  89,900  1.1       3,300
  Yanacocha, Peru  51.35%  11,500  14.9      5,500  15,100  2.7       1,300  26,600  8.0       6,800  9,100   14.6      4,300
TOTAL SOUTH                11,500  14.9      5,500  96,100  1.8       5,500  107,600 3.2       11,000 99,000  2.4       7,600
AMERICA
Asia Pacific
  Batu Hijau,      48.5%   7,300   1.3       300    128,200 0.9       3,700  135,500 0.9       4,000  25,000  0.5       400
  Indonesia^(5)
TOTAL ASIA PACIFIC         7,300   1.3       300    128,200 0.9       3,700  135,500 0.9       4,000  25,000  0.5       400
TOTAL NEWMONT              24,500  8.9       7,040  399,600 3.6       45,900 424,100 3.9       52,940 233,700 4.6       34,600
WORLDWIDE
       See Footnotes under Silver Resources U.S. units table.

 

 

To view more detailed financial disclosure, including regional mine
statistics, Results of Consolidated Operations, Liquidity and Capital
Resources, Management's Discussion & Analysis, relevant Risk Factors, and a
complete outline of the 2012 Operating and Financial guidance by region,
please see the Company's Annual Report on Form 10-K, filed with the Securities
and Exchange Commission on February 22, 2013, available at www.newmont.com. 

Newmont Mining Corporation (NYSE: NEM) announced it will report Fourth Quarter
and Year-End 2012 results after the market closes on Thursday, February 21,
2013. A conference call will be held on Friday, February 22 at 10:00 a.m.
Eastern Time (8:00 a.m. Mountain Time); it will also be carried on the
Company's website.

Conference Call Details
Dial-In Number      888.566.1822
Intl Dial-In Number 312.470.7116
Leader              John Seaberg
Passcode            Newmont
Replay Number       866-380-6745
Intl Replay Number  203-369-0348
Replay Passcode     2013
Webcast Details
URL                 http://services.choruscall.com/links/newmont130222.html

The Fourth Quarter and Year-End 2012 results and related financial and
statistical information will be available after the market close on Thursday,
February 21, 2013 on the "Investor Relations" section of the Company's web
site, www.newmont.com. Additionally, the conference call will be archived for
a limited time on the Company's website.

Cautionary Statement Regarding Forward Looking Statements, Including 2013
Outlook:
This release contains "forward-looking statements" within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, which are intended to be covered
by the safe harbor created by such sections and other applicable laws.  Such
forward-looking statements may include, without limitation: (i) estimates of
future production and sales; (ii) estimates of future costs applicable to
sales; (iii) estimates of future consolidated and attributable capital
expenditures, CAS, and all-in sustaining cost; (iv) estimates of future
exploration spending; and (v) expectations regarding the development, growth
and exploration potential of the Company's projects. Estimates or expectations
of future events or results are based upon certain assumptions, which may
prove to be incorrect.  Such assumptions, include, but are not limited to: (i)
there being no significant change to current geotechnical, metallurgical,
hydrological and other physical conditions; (ii) permitting, development,
operations and expansion of the Company's projects being consistent with
current expectations and mine plans; (iii) political developments in any
jurisdiction in which the Company operates being consistent with its current
expectations; (iv) certain exchange rate assumptions for the Australian dollar
to the U.S. dollar, as well as other the exchange rates being approximately
consistent with current levels; (v) certain price assumptions for gold, copper
and oil; (vi) prices for key supplies being approximately consistent with
current levels; and (vii) the accuracy of our current mineral reserve and
mineral resource estimates. Where the Company expresses or implies an
expectation or belief as to future events or results, such expectation or
belief is expressed in good faith and believed to have a reasonable basis. 
However, such statements are subject to risks, uncertainties and other
factors, which could cause actual results to differ materially from future
results expressed, projected or implied by the "forward-looking statements". 
Such risks include, but are not limited to, gold and other metals price
volatility, currency fluctuations, increased production costs and variances in
ore grade or recovery rates from those assumed in mining plans, political and
operational risks, community relations, conflict resolution and outcome of
projects or oppositions and governmental regulation and judicial outcomes. 
For a more detailed discussion of such risks and other factors, see the
Company's 2012 Form 10-K, filed on February 22, 2013, with the Securities and
Exchange Commission, as well as the Company's other SEC filings.  The Company
does not undertake any obligation to release publicly revisions to any
"forward-looking statement," including, without limitation, outlook, to
reflect events or circumstances after the date of this news release, or to
reflect the occurrence of unanticipated events, except as may be required
under applicable securities laws.  Investors should not assume that any lack
of update to a previously issued "forward-looking statement" constitutes a
reaffirmation of that statement. Continued reliance on "forward-looking
statements" is at investors' own risk.

Cautionary Statement regarding Reserves and Resource:
Ian Douglas, Newmont's Group Executive of Reserves, is the qualified person
responsible for the preparation of the Reserve and Resource estimates in this
presentation. The Reserves disclosed in this presentation have been prepared
in compliance with Industry Guide 7 published by the SEC. As used in this news
release, the term "Reserve" means that part of a mineral deposit that can be
economically and legally extracted or produced at the time of the reserve
determination. The term "economically," as used in this definition, means that
profitable extraction or production has been established or analytically
demonstrated in a full feasibility study to be viable and justifiable under
reasonable investment and market assumptions. The term "legally," as used in
this definition, does not imply that all permits needed for mining and
processing have been obtained or that other legal issues have been completely
resolved. However, for a reserve to exist, Newmont must have a justifiable
expectation, based on applicable laws and regulations, that issuance of
permits or resolution of legal issues necessary for mining and processing at a
particular deposit will be accomplished in the ordinary course and in a
timeframe consistent with Newmont's current mine plans. Reserves in this news
release may be aggregated from the Proven and Probable classes. The terms
"Mineral Resources" or "Resources" and Measured, Indicated and Inferred
resources are used in this news release. Investors are advised that the SEC
does not recognize these terms. Newmont has determined that such Resources
would be substantively the same as those prepared using the Guidelines
established by the Society of Mining, Metallurgy and Exploration and defined
as Mineral Resources. Estimates of Resources are subject to further
exploration and development, are subject to additional risks, and no assurance
can be given that they will eventually convert to future Mineral Reserves of
the company. Inferred Resources, in particular, have a great amount of
uncertainty as to their existence and their economic and legal feasibility.
Investors are cautioned not to assume that any part or all of the Inferred
Resource exists, or is economically or legally mineable. Also, disclosure of
contained ounces is permitted under SME and other regulatory guideline;
however, the SEC generally requires mineral resource information to be
reported only as in-place tonnage and grade. In addition, our current or
future reserves and exploration and development projects may not result in new
mineral producing operations. Even if significant mineralization is discovered
and converted to reserves, it will likely take many years from the initial
phases of exploration to development and ultimately to production, during
which time the economic feasibility of production may change. Additionally,
references to "attributable ounces," "attributable pounds" and "attributable
mineralization" in this news release are intended to mean that portion of gold
or copper produced, sold or included in Proven and Probable Reserves or
Resources that is attributable to our ownership or economic interest.

 

SOURCE Newmont Mining Corporation

Website: http://www.newmont.com
Contact: Investors, John Seaberg, +1-303-837-5743, john.seaberg@newmont.com,
or Karli Anderson, +1-303-837-6049 karli.anderson@newmont.com, or Media, Omar
Jabara, +1-303-837-5114. omar.jabara@newmont.com, or Diane Reberger,
+1-303-967-9455, diane.reberger@newmont.com
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