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“Rebuilding the Gold Company of Choice”
                                      Russell Clark
                        Regional Group Executive, Operations
                               Newmont Asia Pacific


                         15th Diggers & Dealers Mining Forum
                              Kalgoorlie, 6-8 August 2007




Cautionary statement
PRIVATE SECURITIES LITIGATION REFORM ACT SAFE HARBOR STATEMENT
This presentation contains “forward-looking statements’’ within the meaning of Section 21E of
the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe
harbor created thereby. Such forward-looking statements include, without limitation, (i)
statements regarding future earnings, and the sensitivity of earnings to the gold price; (ii)
estimates of future gold and copper production and sales, (iii) estimates of future cash costs and
total production costs; (iv) estimates of future capital expenditures; (v) statements regarding
future exploration results and the replacement of reserves; and (vi) statements regarding future
commodity prices. 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 forward-looking statements are subject to risks, uncertainties
and other factors which could cause actual results to differ materially from future results
expressed or implied by such forward-looking statements. Such risks include, but are not limited
to, gold price volatility, increased production costs and variances in ore grade or recovery rates
from those assumed in mining plans, as well as political and operational risks and governmental
regulation. For a more detailed discussion of such risks and other factors, see the Company’s
Annual Report on Form 10-K, which is on file 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 any revisions to any “forward-looking statement” to reflect events or
circumstances after the date of this presentation, or to reflect the occurrence of unanticipated
events, except as may be required under applicable securities laws.




                                 Diggers & Dealers Mining Forum, 2007   Slide 2
Rebuilding the gold company of choice


             Focus on
                 – Core business
                 – Planning and performance
                 – Disciplined project execution
                 – Exploration and growth




                                                       Diggers & Dealers Mining Forum, 2007                Slide 5




     Rebuilding the gold company of choice

             Market capitalization – approximately US$19 billion1

             Only gold stock in the S&P 500 and Fortune 500

             Highly liquid gold stock
             – approximately $285 million/day

             29 million square acres of land in the world’s
             best gold districts

             5.5 million equity gold ounces sold in 2006 from
             11 mines globally


1.   Market Capitalization based on 1 August 2007 share price of $41.73, 451 million shares outstanding and 6.6 million average shares traded daily.




                                                       Diggers & Dealers Mining Forum, 2007                Slide 6
Rebuilding the gold company of choice

 New CEO

 Renewed focus on core gold business

 Maintaining financial strength and reliability

 Merchant banking interest is being divested

 Bought out last 1.9 million ounces of hedged gold

 Issues convertible notes raising US$1billion

 Extended credit facility




                   Diggers & Dealers Mining Forum, 2007   Slide 7




Rebuilding the gold company of choice

 For our shareholders
  – Build a reliable and sustainable production base
 For our employees
  – Secure safe working environment
  – Career development opportunities
 For our other stakeholders – community and government
  – Leadership in social and environmental responsibility




                   Diggers & Dealers Mining Forum, 2007   Slide 8
Newmont’s gold assets




                                                                                          Africa
North America
                                                                                          Ghana
   Nevada




South America                                                      Asia Pacific
     Peru                                                Indonesia, Australia, New Zealand




                                Diggers & Dealers Mining Forum, 2007   Slide 9




 North America - Nevada (100%)

  NEVADA                                               2007 Outlook         YTD 2007        Q2 2007

  Consolidated gold sales (000 ounces)                  2,350 – 2,550             1,091            531
  Equity gold sales (000 ounces)                        2,350 – 2,230             1,091            531
  Costs applicable to sales ($/ounce)                    $400 – $440              $489         $485

     First full year of commercial production
     at Leeville
     Phoenix metallurgy and ore hardness
     Power plant construction and fleet reinvestment
     targeting cost savings




                               Diggers & Dealers Mining Forum, 2007    Slide 10
South America - Peru (51.35%)

                                                                          YTD 2007     Q2 2007
                                                   2007 Outlook
YANACOCHA
Consolidated gold sales (000 ounces)                 1,500 – 1,600               767      312
Equity gold sales (000 ounces)                           775 – 825              394       160
Costs applicable to sales ($/ounce)                   $340 – $360               $357     $426


    Construction of gold mill two-thirds complete
    Optimizing development plan for Conga
    Yanacocha sulfides provide future upside




                              Diggers & Dealers Mining Forum, 2007   Slide 11




Africa - Ghana (100%)

Ahafo                                                 2007 Outlook         YTD 2007    Q2 2007
Consolidated gold sales (000 ozs)                          410 – 450             248      123
Equity gold sales (000 ozs)                                410 – 450             248      123
Costs applicable to sales ($/oz)                        $460 – $500             $362     $384


    Ahafo mine in first full year of production
    25% share in 80mw diesel power station
    Akyem project
    Ahafo expansion opportunities




                              Diggers & Dealers Mining Forum, 2007   Slide 12
Asia Pacific - Indonesia (53%)

Batu Hijau                                             2007 Outlook         YTD 2007     Q2 2007
Consolidated gold sales (000 ozs)                           395 – 435             188            97
Equity gold sales (000 ozs)                                 190 – 210              96            48
Costs applicable to sales ($/oz)                         $1.10 – 1.20            $1.40     $1.40



    Stable production at a low-cost operation
    2007 higher planned grades & throughput
    Copper hedges have expired




                               Diggers & Dealers Mining Forum, 2007   Slide 13




Asia Pacific - Australia/New Zealand

AUSTRALIA / NEW ZEALAND                               2007 Outlook         YTD 2007      Q2 2007
Consolidated gold sales (000 ounces)                   1,275 – 1,325              670        338
Equity gold sales (000 ounces)                         1,275 – 1,325              670        338
Costs applicable to sales ($/ounce)                      $490 – $515             $487       $456




                                        Tanami                   Pajingo


                              Jundee

                              Kalgoorlie

                    Boddington
                                                                                    Waihi Gold


                               Diggers & Dealers Mining Forum, 2007   Slide 14
2007 Q2 &YTD summary
Financial (millions except per share)                                                                               YTD 2007                   Q2 2007
Revenues                                                                                                                  $2,558                  $1,302
Net (Loss) Income1                                                                                                      $(1,994)               $(2,062)
Net (loss) income per common share                                                                                       $(4.42)                 $(4.57)
Operating                                                                                                           YTD 2007                   Q2 2007
Consolidated gold sales (000 ounces)                                                                                        3,053                   1,448
Equity gold sales (000 ounces)2                                                                                             2,590                   1,248
Average realized gold price ($/ounce)                                                                                        $660                    $667
Costs applicable to sales ($/ounce)                                                                                          $427                    $433
                                                          3
Cash operating margin ($/ounce)                                                                                              $233                    $234
(1)   Includes sales from Phoenix and Leeville startup activities which are not included in revenue, costs applicable to sales and depreciation, depletion and
      amortization per ounce calculations prior to commencing operations on October 1, 2006 and October 14, 2006, respectively.
(2)   Before treatment and refining charges but after hedge losses (excluding settlement of price-capped forward sales contracts) and provisional pricing
      market-to-market adjustments.
(3)   Cash operating margin is defined as the Average realized gold price less Costs applicable to sales (excluding DD&A and loss on price-capped forward
      sales contracts)..




                                                    Diggers & Dealers Mining Forum, 2007                     Slide 15




Rebuilding the gold company of choice

      Waihi
       – Acquisition, new country, strong community relations

      Tanami
       – Existing operation, remote location, Aboriginal land

      Boddington
       – Large joint venture investment
       – Innovative technology
       – Requires community involvement & support




                                                    Diggers & Dealers Mining Forum, 2007                     Slide 16
Rebuilding the gold company of choice

 World’s largest unhedged gold producer

 On track for 2007 production and revenue

 Refocused on core gold business

 Renewed focus on operational and project execution

 Continued exploration and expansion

 Capacity for strategic change and growth

 Commitment to communities and the environment




                  Diggers & Dealers Mining Forum, 2007   Slide 25




“Rebuilding the Gold Company of Choice”
                        Russell Clark
            Regional Group Executive, Operations
                   Newmont Asia Pacific


            15th Diggers & Dealers Mining Forum
                 Kalgoorlie, 6-8 August 2007

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Rebuilding Gold Company of Choice Through Focus on Core Business

  • 1. “Rebuilding the Gold Company of Choice” Russell Clark Regional Group Executive, Operations Newmont Asia Pacific 15th Diggers & Dealers Mining Forum Kalgoorlie, 6-8 August 2007 Cautionary statement PRIVATE SECURITIES LITIGATION REFORM ACT SAFE HARBOR STATEMENT This presentation contains “forward-looking statements’’ within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbor created thereby. Such forward-looking statements include, without limitation, (i) statements regarding future earnings, and the sensitivity of earnings to the gold price; (ii) estimates of future gold and copper production and sales, (iii) estimates of future cash costs and total production costs; (iv) estimates of future capital expenditures; (v) statements regarding future exploration results and the replacement of reserves; and (vi) statements regarding future commodity prices. 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 forward-looking statements are subject to risks, uncertainties and other factors which could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. Such risks include, but are not limited to, gold price volatility, increased production costs and variances in ore grade or recovery rates from those assumed in mining plans, as well as political and operational risks and governmental regulation. For a more detailed discussion of such risks and other factors, see the Company’s Annual Report on Form 10-K, which is on file 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 any revisions to any “forward-looking statement” to reflect events or circumstances after the date of this presentation, or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws. Diggers & Dealers Mining Forum, 2007 Slide 2
  • 2.
  • 3. Rebuilding the gold company of choice Focus on – Core business – Planning and performance – Disciplined project execution – Exploration and growth Diggers & Dealers Mining Forum, 2007 Slide 5 Rebuilding the gold company of choice Market capitalization – approximately US$19 billion1 Only gold stock in the S&P 500 and Fortune 500 Highly liquid gold stock – approximately $285 million/day 29 million square acres of land in the world’s best gold districts 5.5 million equity gold ounces sold in 2006 from 11 mines globally 1. Market Capitalization based on 1 August 2007 share price of $41.73, 451 million shares outstanding and 6.6 million average shares traded daily. Diggers & Dealers Mining Forum, 2007 Slide 6
  • 4. Rebuilding the gold company of choice New CEO Renewed focus on core gold business Maintaining financial strength and reliability Merchant banking interest is being divested Bought out last 1.9 million ounces of hedged gold Issues convertible notes raising US$1billion Extended credit facility Diggers & Dealers Mining Forum, 2007 Slide 7 Rebuilding the gold company of choice For our shareholders – Build a reliable and sustainable production base For our employees – Secure safe working environment – Career development opportunities For our other stakeholders – community and government – Leadership in social and environmental responsibility Diggers & Dealers Mining Forum, 2007 Slide 8
  • 5. Newmont’s gold assets Africa North America Ghana Nevada South America Asia Pacific Peru Indonesia, Australia, New Zealand Diggers & Dealers Mining Forum, 2007 Slide 9 North America - Nevada (100%) NEVADA 2007 Outlook YTD 2007 Q2 2007 Consolidated gold sales (000 ounces) 2,350 – 2,550 1,091 531 Equity gold sales (000 ounces) 2,350 – 2,230 1,091 531 Costs applicable to sales ($/ounce) $400 – $440 $489 $485 First full year of commercial production at Leeville Phoenix metallurgy and ore hardness Power plant construction and fleet reinvestment targeting cost savings Diggers & Dealers Mining Forum, 2007 Slide 10
  • 6. South America - Peru (51.35%) YTD 2007 Q2 2007 2007 Outlook YANACOCHA Consolidated gold sales (000 ounces) 1,500 – 1,600 767 312 Equity gold sales (000 ounces) 775 – 825 394 160 Costs applicable to sales ($/ounce) $340 – $360 $357 $426 Construction of gold mill two-thirds complete Optimizing development plan for Conga Yanacocha sulfides provide future upside Diggers & Dealers Mining Forum, 2007 Slide 11 Africa - Ghana (100%) Ahafo 2007 Outlook YTD 2007 Q2 2007 Consolidated gold sales (000 ozs) 410 – 450 248 123 Equity gold sales (000 ozs) 410 – 450 248 123 Costs applicable to sales ($/oz) $460 – $500 $362 $384 Ahafo mine in first full year of production 25% share in 80mw diesel power station Akyem project Ahafo expansion opportunities Diggers & Dealers Mining Forum, 2007 Slide 12
  • 7. Asia Pacific - Indonesia (53%) Batu Hijau 2007 Outlook YTD 2007 Q2 2007 Consolidated gold sales (000 ozs) 395 – 435 188 97 Equity gold sales (000 ozs) 190 – 210 96 48 Costs applicable to sales ($/oz) $1.10 – 1.20 $1.40 $1.40 Stable production at a low-cost operation 2007 higher planned grades & throughput Copper hedges have expired Diggers & Dealers Mining Forum, 2007 Slide 13 Asia Pacific - Australia/New Zealand AUSTRALIA / NEW ZEALAND 2007 Outlook YTD 2007 Q2 2007 Consolidated gold sales (000 ounces) 1,275 – 1,325 670 338 Equity gold sales (000 ounces) 1,275 – 1,325 670 338 Costs applicable to sales ($/ounce) $490 – $515 $487 $456 Tanami Pajingo Jundee Kalgoorlie Boddington Waihi Gold Diggers & Dealers Mining Forum, 2007 Slide 14
  • 8. 2007 Q2 &YTD summary Financial (millions except per share) YTD 2007 Q2 2007 Revenues $2,558 $1,302 Net (Loss) Income1 $(1,994) $(2,062) Net (loss) income per common share $(4.42) $(4.57) Operating YTD 2007 Q2 2007 Consolidated gold sales (000 ounces) 3,053 1,448 Equity gold sales (000 ounces)2 2,590 1,248 Average realized gold price ($/ounce) $660 $667 Costs applicable to sales ($/ounce) $427 $433 3 Cash operating margin ($/ounce) $233 $234 (1) Includes sales from Phoenix and Leeville startup activities which are not included in revenue, costs applicable to sales and depreciation, depletion and amortization per ounce calculations prior to commencing operations on October 1, 2006 and October 14, 2006, respectively. (2) Before treatment and refining charges but after hedge losses (excluding settlement of price-capped forward sales contracts) and provisional pricing market-to-market adjustments. (3) Cash operating margin is defined as the Average realized gold price less Costs applicable to sales (excluding DD&A and loss on price-capped forward sales contracts).. Diggers & Dealers Mining Forum, 2007 Slide 15 Rebuilding the gold company of choice Waihi – Acquisition, new country, strong community relations Tanami – Existing operation, remote location, Aboriginal land Boddington – Large joint venture investment – Innovative technology – Requires community involvement & support Diggers & Dealers Mining Forum, 2007 Slide 16
  • 9.
  • 10.
  • 11.
  • 12.
  • 13. Rebuilding the gold company of choice World’s largest unhedged gold producer On track for 2007 production and revenue Refocused on core gold business Renewed focus on operational and project execution Continued exploration and expansion Capacity for strategic change and growth Commitment to communities and the environment Diggers & Dealers Mining Forum, 2007 Slide 25 “Rebuilding the Gold Company of Choice” Russell Clark Regional Group Executive, Operations Newmont Asia Pacific 15th Diggers & Dealers Mining Forum Kalgoorlie, 6-8 August 2007