Newmont Announces Net Income from Continuing Operations of $1.9 Billion or $3.80 per Share in 2012

  Newmont Announces Net Income from Continuing Operations of $1.9 Billion or
                           $3.80 per Share in 2012

Annual Revenue of $9.9 Billion and Increased Quarterly Dividend to $0.425 per
share

PR Newswire

DENVER, Feb. 21, 2013

DENVER, Feb. 21, 2013 /PRNewswire/ --Newmont Mining Corporation (NYSE: NEM)
("Newmont" or the "Company") reported net income from continuing operations of
$1.9 billion or $3.80 per basic share ($3.78 per share on a fully diluted
basis) in 2012, compared with $0.5 billion, or $1.02 per share in 2011.
Adjusted net income[1] was $1.9 billion or $3.71 per share in 2012, compared
with $2.2 billion, or $4.31 per share a year ago.

Financial Highlights

2012 Financial Results:

  oAnnual revenue of $9.9 billion;
  oRecord regular dividends paid to shareholders of $695 million, or $1.40
    per share, representing a payout ratio of 38% of adjusted net income;
  oGold operating margin of $985 per ounce;
  oOperating cash flow of $2.4 billion;
  oAttributable gold and copper production of 5.0 million ounces and 143
    million pounds, respectively;
  oGold and copper consolidated costs applicable to sales ("CAS")[2] of $677
    per ounce and $2.34 per pound, respectively;
  oAll-in sustaining cost[3] of $1,149 per ounce; and
  oAverage realized gold and copper price of $1,662 per ounce and $3.43 per
    pound, respectively.

Q4 2012 Financial Results:

  oApproved Q1 2013 dividend payable of $0.425 per share;
  oAttributable gold and copper production of 1.3 million ounces and 35
    million pounds, respectively;
  oGold and copper CAS of $720 per ounce and $2.61 per pound, respectively;
  oAll-in sustaining cost of $1,192 per ounce; and
  oAverage realized gold and copper price of $1,700 per ounce and $3.22 per
    pound, respectively.

"We were pleased to return the highest dividends in the gold industry on a per
share basis in 2012," said Gary Goldberg, President and Chief Operating
Officer. "We will maintain this competitive advantage by focusing on reducing
our total cost of production and progressing only the most promising
opportunities in our portfolio. These include our Akyem project in Ghana,
which will begin production later this year, and advancing the Phase 6
stripping campaign to deliver the next tranche of production from Batu Hijau,"
added Goldberg.

Management Update

As previously announced, Gary Goldberg will become President and Chief
Executive Officer (CEO) and join Newmont's Board of Directors on 1 March 2013.
He succeeds Richard O'Brien who will step down as CEO and retire from the
Board at that time. Russell Ball, Executive Vice President and Chief Financial
Officer (CFO), has also decided to step down and will leave Newmont later this
year. He plans to continue in his current capacity to ensure a smooth
transition as the company seeks its new CFO.

Other management changes include appointing new leaders and building a team
whose skills and experience align with Mr. Goldberg's immediate priorities for
Newmont – to take a more disciplined approach to capital allocation and cost
control and to restore industry leading social and environmental practices.

These new leaders include: Dr. Elaine Dorward-King, a noted sustainable
development expert with 25 years of experience in the mining sector who joins
Newmont on 18 March 2013 as Executive Vice President, Sustainability &
External Relations; Scott Lawson, Senior Vice President Technical Services,
with 27 years of experience in international operations management and
technical innovation for the mining sector; and Susan Keefe, Vice President,
Strategic Relations, with 25 years of experience in communications and
reputation managementfor the mining sector.

Complementing these new appointments are existing leaders Randy Engel,
Executive Vice President, Strategic Development; Bill MacGowan, Executive Vice
President, Human Resources and Communications; and Stephen Gottesfeld,
Executive Vice President, General Counsel and Corporate Secretary.

"I am excited about working with Newmont leaders to raise our game and deliver
greater value to shareholders. I also want to take this opportunity to express
our thanks to Richard and Russell for their many contributions to Newmont over
their years of service," said Gary Goldberg, President and Chief Operating
Officer.

2012 Operating Results and 2013 Outlook

In 2012, the Company reported attributable gold and copper production of 5.0
million ounces and 143 million pounds, respectively, at CAS of $677 per ounce,
and $2.34 per pound, respectively, on a co-product basis. Attributable 2012
gold production decreased 4% from 2011 levels due to lower production from
Asia Pacific as a result of continued Phase 6 waste mining at Batu Hijau,
lower grade and ore availability at Tanami, and mine sequencing at Waihi; and
lower production from Africa due to lower mill throughput and grade; partially
offset by higher production from South America due to higher mill grade and
recovery partially offset by lower leach placement; and higher production from
North America due to higher throughput at Mill 6, Juniper Mill, and Twin
Creeks Autoclave and the startup of the Emigrant mine.

CAS per gold ounce increased 15% in 2012 compared to 2011 due to lower
production from Batu Hijau, Tanami, and Waihi, higher royalty and waste mining
costs, partially offset by lower co-product allocation of costs to gold.

Attributable copper pounds produced decreased 27% due to continued Phase 6
waste mining at Batu Hijau, partially offset by higher throughput at
Boddington.

CAS per copper pound increased 86% due to lower production from Batu Hijau,
higher waste mining at Batu Hijau, higher mill maintenance costs at
Boddington, and higher co-product allocation of costs to copper.

2013 attributable gold production is expected to be approximately 4.8 million
to 5.1 million ounces, with attributable copper production of 150 to 170
million pounds. The outlook reflects a continuation of lower expected
production at Batu Hijau as it continues to process lower grade stockpiled ore
during Phase 6 stripping and lower production at Yanacocha, partially offset
by new production at Akyem expected in late 2013. CAS for gold is expected to
be between $675 and $750 per ounce due to lower production at Batu Hijau and
Yanacocha combined with higher expected costs for energy, labor and contracted
services. All-in sustaining cost (sum of CAS, copper by-product credits, G&A,
exploration expense, advanced projects and R&D, other expense, and sustaining
capital) is expected to be between $1,100 and $1,200 per ounce. CAS for copper
is expected to be between $2.25 and $2.50 per pound due to lower production at
Batu Hijau.

2012 Regional Operating Results and 2013 Outlook

North America

Nevada - Attributable gold production was 478,000 and 1.7 million ounces in
the fourth quarter and 2012, respectively. CAS was $580 and $638 per ounce,
for the fourth quarter and 2012, respectively.

Fourth quarter attributable gold production decreased 8% from the prior year
quarter due to lower tons and grades from Leeville. CAS per ounce increased
12% from the prior year quarter due to lower volumes.

2012 attributable gold ounces produced increased slightly due to higher
throughput at Mill 6, Juniper Mill, and the Twin Creeks Autoclave as well as
new production from Emigrant, partially offset by lower grade at Phoenix and
lower throughput and grade at Midas. CAS per ounce increased 6% due to higher
commodity and contractor costs and higher royalties.

La Herradura -  Attributable gold production was 48,000 and 212,000 ounces in
the fourth quarter and 2012, respectively. CAS was $759 and $621 per ounce in
the fourth quarter and 2012, respectively.

Fourth quarter attributable gold production decreased 14% from the prior year
quarter due to the timing of leach recoveries, a refinery adjustment, and
lower grade ore. CAS per ounce increased 25% from the prior year quarter due
to higher waste tons mined and lower by-product credits.

2012 attributable gold production remained essentially unchanged due to new
production at Noche Buena; offset by lower leach recoveries. CAS per ounce
increased 18% due to higher waste tons mined, higher commodity prices and
lower by-product credits.

2013 attributable gold production in North America is expected to be
approximately 2.0 to 2.1 million ounces at CAS of approximately $600 to $650
per ounce.

South America

Yanacocha -  Attributable gold production was 121,000 and 691,000 ounces in
the fourth quarter and 2012, respectively. CAS was $617 and $505 per ounce in
the fourth quarter and 2012, respectively.

Fourth quarter attributable gold production decreased 30% from the prior year
quarter due to lower mill grade and lower leach placement earlier in the year.
Costs applicable to sales per ounce increased 21% from the prior year quarter
due to the lower production.

2012 attributable gold ounces produced increased 4% due to higher mill grade
and recovery, partially offset by lower leach placement at Yanacocha,
Carachugo and La Quinua. Leach tons placed decreased 23% from 43 million tons
to 33 million tons. CAS per ounce decreased 10% due to higher production and
lower mining costs.

La Zanja -  Attributable gold production was 13,000 and 53,000 ounces in the
fourth quarter and 2012, respectively. 2012 attributable gold ounces produced
decreased 17% from the prior year due to a full year of production from our
non-consolidated interest in La Zanja.

2013 attributable gold production in South America is expected to be
approximately 550,000-600,000 ounces attributable to Newmont due to a
reduction in the mining rate in 2013 and 2014 to maintain a more stable
operations workforce and lower grade. CAS is expected to be approximately $600
to $650 per ounce, primarily due to lower production.

Asia Pacific

Boddington - Attributable gold production was 216,000 and 724,000 ounces in
the fourth quarter and 2012, respectively. Attributable copper production was
19 million pounds and 67 million pounds in the fourth quarter and 2012,
respectively. CAS was $856 and $877 per ounce and $2.23 and $2.29 per pound in
the fourth quarter and 2012, respectively.

Fourth quarter attributable gold and copper production increased 7% and
decreased 10%, respectively, from the prior year quarter due to higher gold
grade and with lower copper recovery. CAS increased 14% per ounce and 21% per
pound, respectively, due to a higher strip ratio, higher mill maintenance
costs, and the impact of the Australian carbon tax, which took effect in July
2012.

2012 attributable gold and copper production decreased 1% and increased 3%,
respectively, essentially in line with 2011. CAS increased 29% per ounce and
13% per pound, respectively, due to a higher strip ratio, higher mill
maintenance costs, and the impact of the carbon tax in Australia.

2013 attributable gold and copper production at Boddington is expected to be
approximately 700,000-750,000 ounces and 70-80 million pounds, respectively,
at CAS of approximately $850 to $950 per ounce and $2.45 to $2.65 per pound,
respectively on a co-product basis. 2013 production is expected to be in-line
with 2012 levels, while higher operating costs are expected to result from
higher mining and labor costs, as well as higher costs for contracted services
and supplies.

Batu Hijau - Attributable gold production was 7,000 and 33,000 ounces in the
fourth quarter and 2012, respectively. Attributable copper production was 16
million and 76 million pounds in the fourth quarter and 2012, respectively.
CAS was $1,292 and $1,071 per ounce and $2.77 and $2.36 per pound on a
co-product basis in the fourth quarter and 2012, respectively.

Fourth quarter attributable gold and copper production decreased 56% and 33%,
respectively, from the prior year quarter due to lower grade and recovery as a
result of processing lower grade stockpiled material. CAS increased 71% per
ounce and 85% per pound, respectively, due to lower production, offset by
lower royalties.

2012 attributable gold and copper production decreased 78% and 42%,
respectively, due to lower grade and recovery as a result of processing
primarily lower grade stockpiled material. Waste tons mined increased 26% as
Phase 6 waste removal continued as planned. The Company expects to process
primarily stockpiled ore until Phase 6 ore becomes the primary mill feed in
2014. CAS increased 125% per ounce and 113% per pound, respectively due to
lower production, partially offset by lower royalties.

2013 attributable gold production for Batu Hijau is expected to be
approximately 20,000 to 30,000 ounces, at CAS of between $900 and $1,000 per
ounce, while attributable copper production is expected to be approximately 75
to 90 million pounds, at CAS of between $2.20 and $2.40 per pound. As
previously disclosed[4], Newmont expects to continue processing stockpiled ore
until Phase 6 ore becomes the primary mill feed commencing in 2014.

Other Australia/New Zealand - Attributable gold production was 245,000 and
955,000 ounces in the fourth quarter and 2012, respectively. CAS was $961 and
$879 per ounce in the fourth quarter and 2012, respectively.

Fourth quarter attributable gold production increased 7% from the prior year
quarter due to higher throughput at Jundee, higher grade at Waihi and higher
throughput and grade at Tanami. CAS per ounce increased 19% from the prior
year quarter due to higher mining and mill maintenance costs at KCGM and the
impact of the carbon tax in Australia.

2012 attributable gold production decreased 8% due to lower throughput at
Tanami and Waihi, and lower throughput, grade, and recovery at KCGM. CAS per
ounce increased 32% due to lower production and higher mining costs.

2013 attributable gold production for Other Australia/New Zealand is expected
to be approximately 925,000 to 975,000 ounces, primarily due to slightly
higher production at Tanami and Waihi. CAS for Other Australia/New Zealand is
expected to increase to approximately $950 to $1,050 per ounce in 2013,
primarily driven by higher labor costs.

Beginning in 2013, our Asia Pacific region will be split into two regions,
Australia/New Zealand, and Indonesia. The Australia/New Zealand region will
include Boddington and Other Australia/New Zealand while the Indonesia region
will include Batu Hijau. Gold production for Australia/New Zealand is expected
to be approximately 1.6 to 1.7 million ounces attributable to Newmont in 2013
at CAS per ounce of $900 to $1,000.

Africa

Ahafo - Attributable gold production was 123,000 and 561,000 ounces during the
fourth quarter and 2012, respectively. CAS was $694 and $596 per ounce for the
fourth quarter and 2012, respectively.

Fourth quarter attributable gold production increased 40% from the prior year
quarter due to drawdown on in-process inventory compared to build up of prior
year quarter, higher grade and recovery. CAS per ounce increased 33% from the
prior year quarter due to lower in-process inventory buildup and higher
drawdown of finished goods inventory at higher average cost as well as higher
power and labor cost.

2012 attributable gold production decreased 1% due to lower throughput and
grade, largely offset by higher drawdown of in-circuit inventory. CAS per
ounce increased 26% due to higher labor, commodity, and royalty costs.

2013 attributable gold production for the Africa operations is expected to
increase to approximately 625,000 to 675,000 ounces due to the new production
from Akyem in late 2013 at CAS of approximately $525 to $575 per ounce.

Capital Update

Consolidated capital expenditures were $3.2 billion in 2012, up from $3.0
billion in 2011. Attributable capital expenditures were $2.5 billion in 2012,
up from $2.3 billion in 2011. Approximately $1.0 billion was spent on major
projects in 2012, such as Akyem in Ghana, and equipment, engineering of
reservoirs, and demobilization of workforce at Conga, with the balance largely
attributed to sustaining capital. The Company currently expects to invest
approximately $2.1 to $2.3 billion in attributable capital expenditures in
2013. Approximately 40% of this is allocated to development capital,
including at the Akyem project (~$250 million), Ahafo Mill Expansion (~$150
million) the Conga project (~$150 million), and other expansion projects in
Nevada (~$260 million) and at La Herradura (~$40 million), with the remaining
60% expected to be spent on sustaining capital.

Newmont's investment priorities include completing construction of Akyem in
2013, finishing the Phase 6 stripping campaign at Batu Hijau during 2013 and
2014, and identifying the best paths forward for Conga in Peru and Tanami in
Australia. The Company expects consolidated capital expenditures to decrease
from 2012 to 2013 by approximately 15-20%, excluding capitalized interest, as
declining capital commitments for Conga, Akyem, and Tanami are partially
offset by increasing development capital for the Ahafo Mill Expansion in Ghana
as well as the Phoenix Copper Leach in Nevada. Additional capital investment
is also possible at the Merian project in Suriname in 2013 pending the outcome
of further dialogue with the government and additional project evaluation.

Advanced Projects Update

Consolidated advanced projects, research and development expenditures were
$348 million in 2012, down from $373 million in 2011. The Company currently
plans to spend approximately $350 to $400 million in advanced projects in 2013
on a consolidated basis, or $300 to $350 on an attributable basis, focused
primarily on Long Canyon in Nevada, Elang in Indonesia, and the Subika
expansion in Africa.

2013 Outlook^[5],[6]
                  Attributable    Consolidated    Consolidated   Attributable
                  Production      CAS             Capital        Capital

Region            (Kozs, Mlbs)    ($/oz, $/lb) ^b Expenditures   Expenditures
                                                  ($M) ^c        ($M) ^c
Nevada ^a         1,700 - 1,800   $600 - $650     $600 - $650    $600 - $650
La Herradura     225 - 275       $650 - $700     $125 - $175    $125 - $175
 North America   1,950 - 2,050   $600 - $650     $750 - $800    $750 - $800
Yanacocha         475 - 525       $600 - $650     $225 - $275    $100 - $150
La Zanja          40 - 50         -               -              -
Conga             -               -               $250 - $300    $125 - $175
 South America   550 - 600       $600 - $650     $550 - $600    $250 - $300
Boddington        700 - 750       $850 - $950     $125 - $175    $125 - $175
Other             925 - 975       $950 - $1,050   $225 - $275    $225 - $275
Australia/NZ
Australia/New    1,625 - 1,725   $900 - $1,000   $375 - $425    $375 - $425
Zealand
Batu Hijau,      20 - 30         $900 - $1,000   $75 - $125     $25 - $75
Indonesia^d
Ahafo             525 - 575       $550 - $600     $375 - $425    $375 - $425
Akyem             50 - 100        $450 - $500     $225 - $275    $225 - $275
 Africa          625 - 675       $525 - $575     $650 - $700    $650 - $700
Corporate/Other   -               -               $20 - $30      $20 - $30
Total Gold        4,800 - 5,100   $675 - $750     $2,400 -       $2,100 -
                                                  $2,600         $2,300
Boddington       70 - 80         $2.45 - $2.65   -              -
Batu Hijau        75 - 90         $2.20 - $2.40   -              -
Total Copper      150 - 170       $2.25 - $2.50
^aNevada CAS includes by-product credits from an estimated 30-40 million
pounds of copper production at Phoenix, net of treatment and refining charges.
^b 2013 Attributable CAS Outlook is $700 - $750 per ounce.
^cExcludes capitalized interest of approximately $142 million, consolidated
and attributable.
^d Assumes Batu Hijau economic interest of 44.56% for 2013, subject to final
divestiture obligations.



2013 Expense Outlook
Description                Consolidated Expenses   Attributable Expenses
                           ($M)                    ($M)
General & Administrative   $200 - $250             $200 - $250
DD&A                       $1,050 - $1,100         $850 - $900
Exploration Expense        $250 - $300             $225 - $275
Advanced Projects & R&D    $350 - $400             $300 - $350
Other Expense              $200 - $250             $150 - $200
Sustaining Capital         $1,400 - $1,500         $1,200 - $1,300
Interest Expense           $200 - $250             $175 - $225
Tax Rate                   30% - 32%               30% - 32%
All-in sustaining cost     $1,100 - $1,200         $1,100 - $1,200
($/ounce)^a,b,c
Key Assumptions
Gold Price ($/ounce)       $1,500                  $1,500
Copper Price ($/pound)     $3.50                   $3.50
Oil Price ($/barrel)       $90                     $90
AUD Exchange Rate          $1.00                   $1.00
^a All-in sustaining cost is a non-GAAP metric defined by the Company as
the sum of costs applicable to sales, copper by-product credits, G&A,
exploration expense, advanced projects and R&D, other expense, and
sustaining capital.
^bAll-in sustaining cost per ounce is calculated by dividing all-in
sustaining cost by the midpoint of estimated sales, less non-consolidated
interests in La Zanja and Duketon and development ounces.
^cThe Company's methodology for calculating all-in sustaining costs was
developed independently, and is subject to change due to a number of
factors including the possible adoption of formal industry guidelines
from the World Gold Council.

STATEMENTS OF CONSOLIDATED INCOME
                                              Years Ended December 31,
                                              2012         2011      2010
                                              (in millions, except per share)
Sales ^                                      $  9,868     $ 10,358  $ 9,540
Costs and expenses ^ 
  Costs applicable to sales^(1)                  4,238       3,890     3,484
  Amortization ^                                1,032       1,036     945
  Reclamation and remediation ^                 96          120       65
  Exploration ^                                356         350       218
  Advanced projects, research and development    348         373       216
  ^
  General and administrative ^                 212         198       178
  Write-down of property, plant and mine         52          2,084     6
  development ^
  Other expense, net ^                          449         265       261
                                                 6,783       8,316     5,373
Other income (expense) ^ 
  Other income, net ^                           278         12        109
  Interest expense, netof capitalized
  interest of $107, $52 and $21, ^               (249)       (244)     (279)
  respectively ^ 
                                                 29          (232)     (170)
Income before income and mining tax and other    3,114       1,810     3,997
items ^ 
Income and mining tax expense ^                 (869)       (713)     (856)
Equity income (loss) of affiliates ^            (51)        11        3
Income from continuing operations ^            2,194       1,108     3,144
Loss from discontinued operations ^             (76)        (136)     (28)
Net income ^                                   2,118       972       3,116
Net income attributable to noncontrolling        (309)       (606)     (839)
interests ^
Net income attributable to Newmont            $  1,809     $ 366     $ 2,277
stockholders ^ 
Net income (loss) attributable to Newmont
stockholders: ^ 
  Continuing operations ^                   $  1,885     $ 502     $ 2,305
  Discontinued operations ^                    (76)        (136)     (28)
                                              $  1,809     $ 366     $ 2,277
Income (loss) per common share ^
  Basic: ^ 
                Continuing operations ^     $  3.80      $ 1.02    $ 4.69
                Discontinued operations ^      (0.15)      (0.28)    (0.06)
                                              $  3.65      $ 0.74    $ 4.63
  Diluted: ^ 
                Continuing operations ^     $  3.78      $ 1.00    $ 4.61
                Discontinued operations ^      (0.15)      (0.27)    (0.06)
                                              $  3.63      $ 0.73    $ 4.55
Cash dividends declared per common share ^  $  1.40      $ 1.00    $ 0.50
(1) Excludes Amortization and Reclamation and remediation.



CONSOLIDATED CASH FLOWS
                            Three Months Ended December  Twelve Months Ended
                            31,                          December 31,
                              2012        2011             2012       2011
Operating activities:
Net income                    $  697      $  (897)       $ 2,118    $ 972
Adjustments:
Amortization                    281         260           1,032      1,036
Stock based compensation         17          17            72         79
and other non-cash benefits
Reclamation and remediation      47          38            96         101
Revaluation of contingent        12          1             12         1
consideration
Loss from discontinued           (28)        -             76         136
operations
Write-down of property,          58          2,082         52         2,084
plant and mine development
Impairment of marketable         8           5             47         180
securities
Deferred income taxes           (10)        (565)         15         (671)
Gain on asset sales, net         (95)        (13)          (107)      (81)
Other operating adjustments      (107)       (35)          48         65
and write-downs
Net change in operating          (34)        32            (1,073)    (311)
assets and liabilities
Net cash provided from           846         925           2,388      3,591
continuing operations
Net cash used in                 (4)         (3)           (16)       (7)
discontinued operations
Net cash provided from           842         922           2,372      3,584
operations
Investing activities:
Additions to property,           (816)       (1,006)       (3,210)    (2,787)
plant and mine development
Acquisitions, net                (3)         (8)           (25)       (2,309)
Sale of marketable               1           7             210        81
securities
Purchases of marketable          (11)        (4)           (220)      (21)
securities
Proceeds from sale of other      28          3             41         9
assets
Other                          (12)        (31)          (60)       (40)
Net cash used in investing       (813)       (1,039)       (3,264)    (5,067)
activities
Financing activities:
Proceeds from debt, net          181         213           3,524      2,011
Repayment of debt              (20)        (187)         (1,976)    (2,273)
Payment of conversion            -           -             (172)      -
premium on debt
Proceeds from stock              4           5             24         40
issuance, net
Acquisition of                   (10)        -             (10)       -
noncontrolling interests
Dividends paid to                -           (100)         (3)        (117)
noncontrolling interests
Dividends paid to common         (174)       (173)         (695)      (494)
stockholders
Other                          (1)         (24)          (3)        (21)
Net cash provided from
(used in) financing              (20)        (266)         689        (854)
activities
Effect of exchange rate          3           8             4          41
changes on cash
Net change in cash and cash      12          (375)         (199)      (2,296)
equivalents
Cash and cash equivalents        1,549       2,135         1,760      4,056
at beginning of period
Cash and cash equivalents     $  1,561    $  1,760       $ 1,561    $ 1,760
at end of period

CONSOLIDATED BALANCE SHEETS
                                              At December 31,  At December 31,
                                              2012             2011
                                              (in millions)
                    ASSETS
Cash and cash equivalents                   $     1,561      $     1,760
Trade receivables                                 283              300
Accounts receivable                               577              320
Investments                                         86               94
Inventories                                         796              714
Stockpiles and ore on leach pads                    786              671
Deferred income tax assets                         195              396
Other current assets                                1,661            1,133
   Current assets                                 5,945            5,388
Property, plant and mine development, net           18,010           15,881
Investments                                         1,446            1,472
Stockpiles and ore on leach pads                    2,896            2,271
Deferred income tax assets                         481              242
Other long-term assets                              872              857
   Total assets                             $     29,650     $     26,111
                    LIABILITIES
Debt                                          $     10         $     689
Accounts payable                                  657              561
Employee-related benefits                          339              307
Income and mining taxes                            51               250
Other current liabilities                           2,084            2,133
   Current liabilities                            3,141            3,940
Debt                                                6,288            3,624
Reclamation and remediation liabilities             1,457            1,169
Deferred income tax liabilities                    858              784
Employee-related benefits                          586              459
Other long-term liabilities                         372              364
   Total liabilities                              12,702           10,340
                    EQUITY
Common stock - $1.60 par value;                     787              784
   Authorized - 750 million shares
   Issued and outstanding -
    Common: 492 million and 490 million
    shares issued, less 277,000 and 273,000
    treasury shares, respectively
    Exchangeable: 56 million shares issued,
    less 51 million and 51 million redeemed
    shares, respectively
Additional paid-in capital                        8,330            8,408
Accumulated other comprehensive income (Note        490              652
25)
Retained earnings                                 4,166            3,052
Newmont stockholders' equity                      13,773           12,896
Noncontrolling interests                          3,175            2,875
   Total equity                                    16,948           15,771
   Total liabilities and equity             $     29,650     $     26,111

Regional Operating Statistics
Production Statistics Summary
                         Three Months Ended December  Years Ended December 31,
                         31,
                         2012             2011        2012           2011
Gold
Consolidated ounces
produced (thousands):
 North America
Nevada                   478              522         1,748          1,738
La Herradura             48               56          212            212
                         526              578         1,960          1,950
 South America
Yanacocha                236              335         1,346          1,293
 Asia Pacific
Boddington               216              201         724            730
Batu Hijau               14               32          68             308
Other Australia/New      230              224         924            1,026
Zealand
                         460              457         1,716          2,064
 Africa
Ahafo                    123              88          561            566
                         1,345            1,458       5,583          5,873
Copper
Consolidated pounds
produced (millions):
 Asia Pacific
Boddington               19               21          67             65
Batu Hijau               33               49          157            273
                         52               70          224            338
Gold
Attributable ounces
produced (thousands):
 North America
Nevada                   478              522         1,748          1,738
La Herradura             48               56          212            212
                         526              578         1,960          1,950
 South America
Yanacocha                121              172         691            664
Other South America      13               15          53             64
Equity Interests
                         134              187         744            728
 Asia Pacific
Boddington               216              201         724            730
Batu Hijau               7                16          33             149
Other Australia/New      230              224         924            1,026
Zealand
Other Asia Pacific       15               5           31             17
Equity Interests
                         468              446         1,712          1,922
 Africa
Ahafo                    123              88          561            566
                         1,251            1,299       4,977          5,166
Copper
Attributable pounds
produced (millions):
 Asia Pacific
Boddington               19               21          67             65
Batu Hijau               16               24          76             132
                         35               45          143            197

CAS and Capital
Expenditures ^
                       Three Months Ended December    Years Ended December 31,
                       31,
                       2012            2011           2012           2011
Gold ^
^Costs Applicable to
Sales ($/ounce)^(1)
^ North America
^
^ Nevada ^        $ 580           $    519       $  638         $  603
^ La Herradura ^    759                609          621            527
                         596                527          636            594
^ South America
^
^ Yanacocha ^       617                511          505            560
^ Asia Pacific
^
^ Boddington ^      856                749          877            682
^ Batu Hijau ^      1,292              754          1,071          476
^ Other
Australia/New Zealand    961                807          879            664
^
                         925                778          886            639
^ Africa ^
^ Ahafo ^           694                520          596            474
^ Average ^          $ 720           $    602       $  677         $  591
^ Attributable to    $ 726           $    608       $  698         $  597
Newmont ^
Copper ^
^Costs Applicable to
Sales ($/pound)^(1)
^ Asia Pacific
^
^ Boddington ^    $ 2.23          $    1.84      $  2.29        $  2.03
^ Batu Hijau ^      2.77               1.50         2.36           1.11
^ Average ^          $ 2.61          $    1.58      $  2.34        $  1.26
^ Attributable to    $ 2.52          $    1.64      $  2.33        $  1.37
Newmont ^
^(1)Consolidated Costs applicable to sales excludes Amortization and
Reclamation and remediation.
                         Three Months Ended December     Years Ended December
                         31,                             31,
                         2012               2011         2012           2011
^Consolidated Capital
Expenditures ($
million)
^ North America ^
^Nevada ^             $ 157           $    179       $  677         $  559
^La Herradura ^         39                 26           89             81
^Other North America    -                  27           -              101
^
                         196                232          766            741
^ South America ^
^Yanacocha ^            118                116          510            360
^Conga ^                115                291          582            739
^Other South America    10                              19
^
                         243                407          1,111          1,099
^ Asia Pacific ^
^Boddington ^           64                 95           141            217
^Batu Hijau ^           50                 47           148            196
^Other Australia/New    63                 82           277            294
Zealand ^
^Other Asia Pacific ^   7                  10           19             18
                         184                234          585            725
^ Africa ^
^Ahafo ^                52                 45           228            116
^Akyem ^                83                 121          388            248
                         135                166          616            364
^Corporate and Other    7                  12           74             35
^
^Total - Accrual      $ 765           $    1,051     $  3,152       $  2,964
Basis ^
^Change in Capital      51                 (45)         58             (177)
Accrual ^
^Total - Cash Basis ^ $ 816           $    1,006     $  3,210       $  2,787
^Attributable to
Newmont (Accrual       $ 621           $    829       $  2,535       $  2,328
Basis)



Supplemental Information

Non-GAAP Financial Measures
Non-GAAP financial measures are intended to provide additional information
only and do not have any standard meaning prescribed by generally accepted
accounting principles ("GAAP"). These measures should not be considered in
isolation or as a substitute for measures of performance prepared in
accordance with GAAP.

Reconciliation of Adjusted Net Income to GAAP Net Income
Management of the Company uses Adjusted net income to evaluate the Company's
operating performance, and for planning and forecasting future business
operations. The Company believes the use of Adjusted net income allows
investors and analysts to compare results of the continuing operations of the
Company and its direct and indirect subsidiaries relating to the production
and sale of minerals to similar operating results of other mining companies,
by excluding exceptional or unusual items. Management's determination of the
components of Adjusted net income are evaluated periodically and based, in
part, on a review of non-GAAP financial measures used by mining industry
analysts.

Net income attributable to Newmont stockholders is reconciled to Adjusted net
income as follows:

                                         Three months ended  Years ended
                                         December 31,        December 31,
(in millions except per share,          2012     2011         2012    2011
after-tax)
GAAP Net income (1)                    $ 673    $(1,028)     $1,809  $  366
Loss from discontinued operations      (28)     -            76      136
Restructuring and other                6        -            26      -
Boddington contingent consideration    -        1            8       1
Acquisition costs                      -        -            -       18
Income tax benefit from internal        (59)     -            (59)    (65)
restructuring
Impairments/asset sales, net           (40)     1,604        (10)    1,714
Adjusted net income                    $ 552    $  577     $1,850  $2,170
Adjusted net income per share, basic   $1.11    $  1.17     $ 3.73 $ 4.39
Adjusted net income per share, diluted $1.11    $  1.14     $ 3.71 $ 4.31
(1) Attributable to Newmont stockholders.



All-in Sustaining
Costs per ounce
                    Three Months Ended December 31,   Twelve Months Ended
                                                       December 31,
                          2012              2011           2012       2011
 Costs applicable   $     1,131        $    1,025      $   4,238   $  3,890
 to sales
 G&A Expense        $     50           $    53         $   212     $  198
 Exploration        $     47           $    95         $   356     $  350
 Expense
 Advanced Projects  $     90           $    126        $   348     $  373
 and R&D Expense
 Other Expense^(1)  $     47           $    52         $   235     $  226
 Sustaining Capital $     434          $    527        $   1,678   $  1,629
 Copper By-product  $     (216)        $    (271)      $   (785)   $  (1,262)
 Credit
 All-in Sustaining  $     1,583        $    1,607      $   6,282   $  5,404
 Cost ($M)
 Consolidated Gold
 sold (thousand           1,328             1,493          5,466      5,820
 ounces):
 All-in Sustaining
 Cost per ounce     $     1,192        $    1,076      $   1,149   $  929
 ($/oz)
 (1) Other Expense is adjusted for Hope Bay care and maintenance of $144, $17,
 $15, and $17; Restructuring and other charges of $58, $0, $10, and $0; and
 Acquisition costs of $12, $22, $0, and $0 for 2012, 2011, Q4 2012 and Q4
 2011, respectively.



CAS per Ounce/Pound
CAS per ounce/pound are non-GAAP financial measures. These measures are
calculated by dividing the CAS of gold and copper by gold ounces or copper
pounds sold, respectively. These measures are calculated on a consistent basis
for the periods presented on both a consolidated and attributable to Newmont
basis. Attributable CAS is based on our economic interest in production from
our mines. For operations where we hold less than a 100% economic share in the
production, we exclude the share of gold or copper production attributable to
the non-controlling interest. We include attributable CAS per ounce/pound to
provide management, investors and analysts with information with which to
compare our performance to other gold producers. CAS per ounce/pound
statistics are intended to provide additional information only and do not have
any standardized meaning prescribed by GAAP and should not be considered in
isolation or as a substitute for measures of performance prepared in
accordance with GAAP. The measures are not necessarily indicative of operating
profit or cash flow from operations as determined under GAAP. Other companies
may calculate these measures differently.

Net attributable CAS per ounce measures the benefit of copper produced in
conjunction with gold, as a credit against the cost of producing gold. A
number of other gold producers present their costs net of the contribution
from copper and other non-gold sales. We believe that including a measure of
this basis provides management, investors and analysts with information with
which to compare our performance to other gold producers, and to better assess
the overall performance of our business. In addition, this measure provides
information to enable investors and analysts to understand the importance of
non-gold revenues to our cost structure.



CAS per ounce/pound ^
                     Gold^(1)                        Copper^(2)
                     Years Ended December 31, ^      Years Ended December 31,
                                                     ^
                     2012       2011     2010 ^    2012     2011     2010 ^
^CAS: ^
   Consolidated per                         3,054                       430
   financial         $  3,703    $ 3,440  $ ^        $ 535    $ 450    $ ^
   statements ^
   Noncontrolling       (362)      (442)    (395) ^    (198)    (171)    (169)
   interests^(3)                                                         ^
   Attributable to   $  3,341    $ 2,998  $ 2,659   $ 337    $ 279    $ 261
   Newmont ^                                ^                            ^
^Gold/Copper sold (thousand
ounces/million pounds):
   Consolidated ^       5,466      5,820    6,296     229      356      539
                                            ^                            ^
   Noncontrolling       (679)      (795)    (1,043)    (84)     (153)    (247)
   interests^(3)                            ^                            ^
   Attributable to      4,787      5,025    5,253     145      203      292
   Newmont^(4)                              ^                            ^
^CAS per
ounce/pound: ^
   Consolidated ^    $  677      $ 591    $ 485 ^   $ 2.34   $ 1.26   $ 0.80
                                                                         ^
   Attributable to   $  698      $ 597    $ 506 ^   $ 2.33   $ 1.37   $ 0.89
   Newmont ^                                                             ^
^(1)Consolidated CAS per financial statements includes by-product credits of
$231, $291 and $245 for 2012, 2011 and 2010, respectively. ^
^(2)Consolidated CAS per financial statements includes by-product credits of
$11, $28 and $29 for 2012, 2011 and 2010, respectively. ^
^(3)Relates to partners' interests in Batu Hijau and Yanacocha. ^
^(4)Does not include any sales from our non-consolidated interests in LaZanja
and Duketon. ^



Net attributable CAS per ounce
                                              Years Ended December 31,
                                              2012    2011       2010
^Attributable CAS: ^
         Gold ^                               $ 3,341  $ 2,998    $ 2,659
         Copper ^                              337      279        261
                                                3,678    3,277      2,920
^Copper revenue: ^
         Consolidated ^                         (785)    (1,262)    (1,848)
         Noncontrolling interests^(1)           289      542        847
                                                (496)    (720)      (1,001)
^Net attributable CAS ^                      $ 3,182  $ 2,557    $ 1,919
^Attributable gold ounces sold (thousands) ^   4,787    5,025      5,253
^Net attributable CAS per ounce ^            $ 665    $ 509      $ 365
^(1)Relates to partners' interests in Batu Hijau.



Conference Call Information
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, 2013 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



Cautionary Statement
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 CAS; (iii) estimates of
future consolidated and attributable capital expenditures, CAS, and all-in
sustaining cost; and (iv) 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.

[1] Non-GAAP measure. See page 13 for reconciliation.
[2] Attributable gold CAS was $698 per ounce for 2012.
[3] Non-GAAP measure. See page 13 for reconciliation.
[4] Please see Newmont's Form 10-K filed on February 21, 2013.
[5] Outlook referenced in the table above and elsewhere in this release is
based upon management's good faith estimates as of February 21, 2013 and are
considered "forward-looking statements." References to outlook guidance are
based on current mine plans, assumptions noted above and current geotechnical,
metallurgical, hydrological and other physical conditions, which are subject
to risk and uncertainty as discussed in the "Cautionary Statement" on page 15
and in the section entitled "Risk Factors" in the Company's form 10-K.
[6] 2013 Annual CAS, inclusive of hedge gains and losses, are expected to
change by approximately $13 per ounce for every $10 change in the oil price
and by approximately $6 per ounce for every $0.10 change in the Australian
dollar exchange rate.



SOURCE Newmont Mining Corporation

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