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Barclays Americas Mining & Materials Forum
John Seaberg, Vice President Investor Relations
March 20 - 21, 2013
Cautionary Statement
 Cautionary Statement Regarding Forward Looking Statements, Including 2013 Outlook:
 This presentation 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; 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.

 Cautionary Note to U.S. Investors Regarding Estimates of Measured, Indicated and Inferred Resources:
 This presentation uses the terms “Measured,” “Indicated” and “Inferred” Resources. U.S. investors are advised that while such terms are recognized and
 required by certain regulatory authorities, the United States Securities and Exchange Commission (the “SEC”) does not recognize them. 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 (“SME”) 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 guidelines; however
 the SEC generally requires mineral resource information to be reported only as in-place tonnage and grade.




Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com                                                2         March 20 - 21, 2013
Record reduction in injury rates in 2012
 Our goal is Zero Harm – We will strive to create a workplace free of all
 recordable injuries and occupational illnesses.


                                                                         Record low TRAFR reached in Q4 2012
                                                                         (Total recordable accidents per 200,000 hours worked)

                                                                        3.0

                                                                              2.44
                                                                        2.5
                                                                                     2.06
                                                                        2.0

                                                                                            1.48
                                                                        1.5
                                                                                                   1.21

                                                                        1.0                               0.92 0.84                 0.91
                                                                                                                      0.74   0.72          0.69   0.65
                                                                        0.5


                                                                        0.0
                                                                              2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012


 Yanacocha mine maintenance team celebrates 1.8 million hours working
 safely




Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com                               3         March 20 - 21, 2013
Our Strategic Priorities
      Strong free cash flow growth potential
      Leverage to gold price
      Commitment to returning capital to shareholders
      Total cost management
      Maximizing asset value




Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com   4   March 20 - 21, 2013
Strong free cash flow growth potential
 Profitable production growth
      Akyem start up expected in late 2013 with ~350 to 450koz of annual gold production in first five years
      Batu Hijau mining primary ore in late 2014; up to 10X increase in gold and 2.5X increase in copper
       production by 2015
 Capital and operating cost rigor
      ~$1 billion decrease in capital anticipated as a result of the completion of Akyem, Emigrant and
       Phoenix Copper Leach; significantly reduced spending on Conga
 Business priorities
      Developing most promising projects; returning capital to shareholders




Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com   5   March 20 - 21, 2013
Leader in per share leverage and return of capital to
 shareholders
 Gold price linked dividend delivers direct leverage to gold price1

      ~$1.3 billion returned to shareholders since April 2011

 Operating leverage

      ~$300M of additional free cash flow for every $100 increase in gold price

 Total cost focus

      ~$130 million in savings realized in 2012
                                                                                    Dividends per Share3
 Resource base                                                $1.60

      99.2 million ounces of reserves2                       $1.40

                                                              $1.20
      Highest reserves per share
       among senior gold miners                               $1.00

                                                              $0.80
      75,000 square kilometers of
       land                                                   $0.60

                                                              $0.40

                                                              $0.20

                                                              $0.00
                                                                      HAR   KGC   AUY   NCM   GFI     GG   ANG    BVN   ABX   AEM   NEM

                                                                                          2010      2011   2012



Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com                    6      March 20 - 21, 2013
Focus on reducing total costs
                     All-In Sustaining Costs4                                                2012 Gold CAS
                   stable despite CAS increase                                                components
   $1,400

                   Other
                     $1,149                 $1,100 - $1,200
   $1,200          Expense
                                                                                              Power
   $1,000                                                                                      10%

                                                                                    Diesel
                                                                                     10%
     $800

                                                                                 Consumables            Labor
     $600                                                                            10%                 50%



     $400                                                                                Materials/
                                                                                          Parts
                                                                                           20%
     $200


       $0
                      2012                      2013E
               CAS                         Sustaining Capital
               G&A                         Exploration
               Adv. Projects               Other Expense




Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com          7       March 20 - 21, 2013
Continuous Improvement and Innovation to reduce
 costs and create value

     Continuous Improvement                                Operations                                   Innovation
      Realizing business efficiencies               Solving current challenges                    Driving profitable growth




       Long-Term Power Supply, Waihi                        Mill 5, Nevada                       Yanacocha Verde Bioleach, Peru


    Six focus areas: operations;               Focus on key levers to                      Focus on unlocking low-
     processing; energy & water;                 reduce cost and create value,                grade, complex deposits and
     material transport; mining                  such as lower cost fuels and                 maximizing ore body value
     efficiency; and sustainability              improving recovery rates
                                                                                             Verde Demo Facility has
    Project at Waihi expected to               Mill 5 project in Nevada                     potential to unlock up to
     increase power supply to                    trialing new flotation                       3.2Blbs of copper at
     Newmont from 9MW to                         technology to increase gold                  Yanacocha through a high
     12MW and eliminate four                     recovery by up to 15% on our                 temperature bioleach
     diesel generators                           vast high carbonate ores                     process


Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com               8       March 20 - 21, 2013
Focused on maximizing asset value and free cash
 flow while reducing risk
                                      Baa1/BBB+ Credit Rating
       Balance Sheet                  ~$3B in cash and marketable securities
         Strength
                                      Track record of share discipline enables leading
                                       dividend

                                      Over 70% of production from geopolitically
      Low Geopolitical                 stable jurisdictions
                                      Over 10 years of consistent operational
                                                                                                     Managing
           Risk
                                       experience in Ghana                                               risk;
                                                                                                     maximizing
                                                                                                     value and
                                      Within an average of 1% of initial production
                                                                                                      free cash
         Operational                   guidance and 4% for CAS over past 4 years
                                                                                                         flow
         Excellence                   Long operating history in Nevada, Peru,                       generation
                                       Australia, and Indonesia

                                      Akyem nearly complete
     Low Development                  85% of 2015 production from brownfields5
          Risk
                                      Long Canyon leverages existing infrastructure
                                       and expertise



Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com   9     March 20 - 21, 2013
Maximizing value creation across all regions
                                                         2013 Outlook6
                                           Attributable gold production of 4.8 – 5.1 Moz
                                         Attributable copper production of 150 – 170Mlbs


                                          Indonesia
                                            ~0.4%          Africa
                                                           ~13%


            North America                                                  North
         ~2.0Moz Production                                               America
           38Moz Reserve                                                   ~41%
                                                      AUS/NZ
                                                       ~34%

                                                                     South
                                                                    America
                                                                     ~12%
                                                                                                                Indonesia
                                                                                                         ~0.02Moz Au Production
                                                                                                         ~80Mlbs Cu Production
                                                                                                              4Moz Reserve
           South America
         ~0.6Moz Production
           13Moz Reserve                                       Africa
                                                         ~0.7Moz Production
                                                           19Moz Reserve


                                                                                                    AUS/NZ
                      Operations                                                             ~1.7Moz Au Production
                      Projects                                                               ~75Mlbs Cu Production
                                                                                                 26Moz Reserve


Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com              10       March 20 - 21, 2013
North America
 40+ years of production and still growing

     Leeville/Turf underground expansion – ~70Koz production beginning in 2015

     Vista Vein/Twin Creeks underground expansion – ~20Koz production by 2014

     La Herradura mill expansion – ~25Koz production in 2014

     Phoenix Copper Leach start-up in 2H 2013 – favorable impact on costs

     Long Canyon – declared 2.6Moz inferred resource with resource trend potential of 3 to 4X more7




 Twin Creeks Emergency Response Team




Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com   11   March 20 - 21, 2013
South America
 Maintaining options in Peru with opportunity to unlock new district in Suriname

     Yanacocha – potential to expand oxide production; bioleach pilot study underway to exploit sulfide
      resource

     Merian – 80% equity achieved; potential for 400koz of annual gold production8

        –    Environmental Impact Study submitted by end of 2013; government agreement progressing

     Conga – advancing Water First approach; first reservoir constructed by Q3 2013




 Reviewing geologic details at Merian                            Refilling the San Jose Reservoir




Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com      12   March 20 - 21, 2013
Australia / New Zealand
 Stable production base and cash flow

     Boddington offers ~700koz of stable annual production over the next five years

        –    Launching Full Potential program at Boddington

     Jundee extensions expected to sustain production levels of 200Koz through 2017

     Reassessing Tanami Shaft in 2015




 Maintenance crew at Boddington




Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com   13   March 20 - 21, 2013
Indonesia
 Production and free cash flow growth

     Batu Hijau mining primary ore in 2014; up to 10X increase in gold and 2.5X increase in copper
      production by 2015

     Divestment deadline extended to 26 April 2013

     New labor agreement at Batu Hijau

     Further investment options at Elang

                                                                                     Batu Hijau Mine Plan




                                                                           Surface
                                                                           Jan’13




                                                                                                                              Cu 0.1-0.2%
                                                                                                                              Cu 0.2-0.3%
                                                                                                 Phase 6                      Cu 0.3-0.5%
                                                                                                                              Cu >0.5%
                                                                                                    Phase 7

 Batu Hijau, Indonesia




Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com                14   March 20 - 21, 2013
Africa
 Potential to double production over next 5 years9

     Akyem startup anticipated in late 2013

        –    Expected production of ~350 – 450koz (first 5 years’ average)

     Ahafo Mill expansion has potential to increase gold production by 2015

     Advancing Ahafo North opportunity

     Retaining option at Subika underground




 Mining begins at Akyem                                                                          Meeting elders at Akyem




Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com               15      March 20 - 21, 2013
Future focus on execution and delivery
     Safety is good, but goal is zero harm

     Maximize the potential of our strong asset portfolio, reserve base and team

     Need to change the trajectory on cost and capital discipline

     Focus on total costs and operational execution

     Delivering on expectations, including significant free cash flow growth and value to investors




 Akyem apprentice program



Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com   16   March 20 - 21, 2013
Questions?
Appendix
Project Teams Health, Safety, & Loss Prevention
Performance 2012
 Increased Exposure Hours with Decreased Reportable Accidents
        22% increase in exposure hours with a TRAFR improvement of 33%
        Two serious injuries reported within project group
 Improved Safety in the Development & Evaluation of Projects
        Akyem project TRAFR of 0.18: a project-leading and company-leading metric during a
         challenging construction program (externally validated through DuPont review)
        Subika had 85% improvement in TRAFR from 2011 to 2012
        Positive outcome a product of: superior management presence, strong Project HSLP
         Manager and accountability over construction safety management system
 Priorities to Drive Continuous Improvement of Safety Performance in 2013
        Providing supervisors with the necessary tools to engage employees on safety
        Link communication between Safety Leadership Teams with Executive Leadership Teams
        Align agreed behaviors on “Project Safety Golden Rules”
        Fatal risk assessment underway by supervisory personnel



 Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com   19   March 20 - 21, 2013
Pipeline of Investment Options for Potential Free Cash Flow
Reinvestment


            New Deposits or Expansions                                                       Strategic Options




     Long Canyon (Au)

     Leeville Ext (Au)

     Copper Basin (Au/Cu)
                                                                Akyem (Au)          *Expected completion in late 2013
                                                                 Ahafo Mill Expansion (Au)
               La Herradura Mill
               Expansion (Au)                                    Ahafo North (Au)

                                    Merian (Au)                  Subika (Au)

                                                         Nimba (Fe)
                                                                                          Elang (Au/Cu)

             Yanacocha Verde (Cu)

             Conga (Cu/Au)                                                                        Tanami Shaft (Au)

                                                                                                  Jundee Extensions (Au)




 Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com                  20        March 20 - 21, 2013
North America
Project Pipeline Offers Three Low Risk Expansion Opportunities


    Leeville/Turf Underground                             Vista Vein Underground
                                                                                                   La Herradura Mill Expansion
            Expansion                                            Expansion




   Addition of vent shaft                             Underground expansion                       Increased throughput
    expected to increase                                is expected to add                           creates potential of
    production by ~70koz,                               ~20koz of incremental                        ~25koz of additional
    beginning in 2015                                   production at Twin                           annual production by
                                                        Creeks by 2014                               2014


  Note: Production figures represent average over first 5 years

  Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com             21    March 20 - 21, 2013
North America
Long Canyon’s Significant Potential Continues to be Explored and Discovered




  Long Canyon Exploration
 Long Canyon Exploration,
  2012 & 2013 Highlights
    2.6Moz inferred resource declared with
     trend potential of >3-4x Fronteer’s original
     estimates7
    ~65,000 meters of drilling planned for
     201310
    Selection and confirmation study
     underway
    Draft EIS to be completed late 2013

 Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com   22   March 20 - 21, 2013
South America
Water First Approach Continues

Development Status
  On-track to complete construction of
   Chailhuagon reservoir
  Downsizing owners’ team
  Reviewing development alternatives for
   Conga

2013 Attributable Spending Focused on                                    Reservoir Work


“Water First” Development Approach

  ~$150M planned capital expense in 2013
       - ~$110M equipment, owners’ costs &
         engineering support
       - ~$20M to complete reservoir
         construction
       - ~$20M in community costs, roads and
         water systems                                                   Dam for Chailhuagon Reservoir




  Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com         23   March 20 - 21, 2013
Africa
Akyem Construction On Schedule and On Budget9

Construction Update
     Construction is ~78% complete
     First production expected late 2013
     Carbon-in-leach (CIL) tanks in place with
      final major structural steel lift to top of
      tanks completed

Project Specifications
                                                                          Akyem Sag Mill

     Gold production of 350 - 450 koz
      (first 5 years’ average)
     CAS of $500 - $650/oz (first 5 years’
      average)
     Initial Capital of $0.9 - $1.1 billion
     Mine life ~16 years
     7.4Moz Gold Reserve

                                                                          Akyem Apprenticeship Program


  Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com         24   March 20 - 21, 2013
Jundee Extensions
Leveraging Exploration Success to Extend Mine Life




         Jundee is a high grade narrow vein deposit
         Extension has potential to sustain ~200koz of production through 2017
         Total project capital of ~$220M


  Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com   25   March 20 - 21, 2013
Industry Leading Gold Price-Linked Dividend1
 Yield at $45                                                                                                              Newmont
 share price
                    2%            4%           7%           9%                                       3.5%
                                                                                                                          Competitors
 $2,200-                                                          Change per
 $2,299
                                                                 $100/oz move
                                                                                                                   2.1%
 $2,100-                                                          in gold price
 $2,199
 $2,000-                                                            $0.40
 $2,099
  $1,900
 -$1,999
                                                                                                   2012 Dividend Yield11
  $1,800
 -$1,899
                                                                    $0.30
  $1,700
 -$1,799
  $1,600                                                                                              $2.40
 -$1,699
  $1,500
 -$1,599
                                                                    $0.20                                          $0.85
  $1,400
 -$1,499
  $1,300
 -$1,399
  $1,200
 -$1,299
                                                                                         Cumulative Dividends per Share
                                                                                               Since April 201111
      $0.00        $1.00         $2.00         $3.00        $4.00


  Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com              26     March 20 - 21, 2013
Q4 and 2012 Operating Results in Line With 2012 Outlook

                                                               Q4 2011            Q4 2012         FY 2011       FY 2012
Attributable Gold Production (Moz)                                 1.3                 1.3          5.2             5.0
Attributable Copper Production (Mlbs)                               45                 35          197             143
Attributable Gold Sales (Moz)                                      1.3                 1.2          5.1             4.9
Attributable Copper Sales (Mlbs)                                    49                 42          203             145
Average Realized Gold Price ($/oz)12                            $1,670              $1,700        $1,562         $1,662
Average Realized Copper Price ($/lb)                             $3.41               $3.22         $3.54          $3.43
Gold CAS ($/oz)                                                   $602               $720          $591           $677
Copper CAS ($/lb)                                                $1.58               $2.61         $1.26          $2.34
Gold Operating Margin ($/oz)13                                  $1,068               $980          $971           $985
Copper Operating Margin ($/lb)14                                 $1.83               $0.61         $2.28          $1.09
All-in Sustaining Cost ($/oz)4                                  $1,076              $1,192         $929          $1,149
 Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com       27    March 20 - 21, 2013
Q4 and 2012 Financial Results Reflect Stable Production with
Increasing Returns of Capital to Shareholders


                                                                          Q4 2011          Q4 2012   FY 2011        FY 2012
Revenue ($M)                                                              $2,765            $2,476   $10,358         $9,868

Net Income (Loss) from Continuing Ops ($M) $(1,028)                                           $645    $502           $1,885
Net Income (Loss) from Continuing Ops
                                                                          $(2.08)            $1.30    $1.02           $3.80
per Share
Adjusted Net Income ($M)15                                                  $577              $552   $2,170          $1,850

Adjusted Net Income per Share16                                             $1.14            $1.11    $4.31           $3.71

Cash from Continuing Operations ($M)                                        $925              $846   $3,591          $2,388

Dividends per Share                                                         $0.35           $0.425    $1.00           $1.40




  Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com      28      March 20 - 21, 2013
Exploration Update
Gold Reserves Increase to Record Levels for the 5th Straight Year2
                  2012 Attributable Gold                                                  2012 Attributable Gold Proven
                  Proven and Probable Reserves                                            and Probable Reserves by Region

                                                      1.5
                                                                                                         Australia / NZ
 Million Ounces




                                          6.6                                                             / Indonesia
                                                                    6.2                                     29.9Moz
                                                                                                   South      (30%)     Africa
                             1.5
                                                                                                  America              19.0Moz
                                                     105.5
                                                                                                  12.6Moz               (19%)
                                         100.3                                                     (13%)
                   98.8      98.8                                   99.3          99.2
                                                                                                         North America
                                                                                                             37.7Moz
                                                                                                               (38%)
                   2011   Gold Price   Additions   Revisions    Depletions        2012


     Record gold reserves of 99.2 Moz, slight increase from 2011, calculated at $1,400/oz
     Gold resource of 22 Moz Measured and Indicated; plus 18 Moz Inferred resource,
      including 2.6 Moz Inferred Resource at Long Canyon
     Biggest gold reserve increases came from South America and North America
     First reserve of 2.9 Moz declared at the Merian project in Suriname

     Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com             29     March 20 - 21, 2013
Exploration Update
Copper Reserves of 9.5 Billion Pounds2
                 2012 Attributable Copper                                                         2012 Attributable Copper Proven
                 Proven and Probable Reserves                                                     and Probable Reserves by Region


                                            0.1          0.1
Billion Pounds




                               0.1
                                                                                                                   Australia / NZ
                                                                        0.3                                         / Indonesia
                                                                                                                   5.7Blbs (60%)

                  9.7         9.7           9.8           9.8
                                                                       9.5           9.5                       South       North
                                                                                                              America     America
                                                                                                              1.7Blbs     2.1Blbs
                                                                                                               (18%)       (22%)
                 2011      Cu Price     Additions     Revisions Depletions          2012




            Copper reserves of 9.5 Blbs
            Copper reserves calculated at $3.25/lb
            Total copper resource of 2.2 Blbs Measured and Indicated; 0.97 Blbs Inferred resource



             Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com              30     March 20 - 21, 2013
Reconciliation to Non-GAAP Metrics




 Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com   31   March 20 - 21, 2013
2013 Outlook6
                                                                      Attributable                                        Consolidated
                                                                       Production             Consolidated CAS              Capital              Attributable Capital
                                                                                                                b                            c
           Region                                                     (Kozs, Mlbs)               ($/oz, $/lb)         Expenditures ($M)          Expenditures ($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 Australia/NZ                                            925 - 975               $950 - $1,050             $225 - $275                $225 - $275
               Australia/New Zealand                                  1,625 - 1,725              $900 - $1,000             $375 - $425                $375 - $425
               Batu Hijau, Indonesia d                                    20 - 30                $900 - $1,000              $75 - $125                 $25 - $75
           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 - $2,600            $2,100 - $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
           a
               Nevada 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.
           c
               Excludes 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.




 Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com                                                         32         March 20 - 21, 2013
2013 Expense and All-in Sustaining Cost Outlook
                             2013 Expense Outlook
                                                                                     Consolidated                 Attributable
                             Description
                                                                                     Expenses ($M)               Expenses ($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 - $225
                             Tax Rate                                                   30% - 32%                  30% - 32%
                                                                 a,b,c
                             All-in sustaining cost ($/ounce)                        $1,100 - $1,200             $1,100 - $1,200
                             Key Assumptions
                             Gold Price ($/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 attributable costs
                             applicable to sales, copper by-product credits, G&A, exploration expense, advanced projects and R&D,
                             other expense, and sustaining capital.
                             b
                               All-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.
                             c
                               The 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.




 Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com                                       33   March 20 - 21, 2013
Endnotes
Investors are encouraged to read the information contained in this presentation in conjunction with the following notes footnotes, the Cautionary Statement on slide 2 and the
factors described under the “Risk Factors” section of the Company’s most recent Form 10-K, filed with the SEC on February 22, 2013 (“2012 Form 10-K”).

1.    Newmont has established a gold price-linked dividend policy that serves as a non-binding guideline for Newmont’s Board of Directors (the “Board”). The Board reserves all
      powers related to the declaration and payment of dividends. In addition, the declaration and payment of future dividends remain at the discretion of the Board and will be
      determined based on Newmont’s financial results, cash and liquidity requirements, future prospects and other factors deemed relevant by the Board. In determining the
      dividend to be declared and paid on the common stock of the Company, the Board may revise or terminate such policy at any time without prior notice.
2.    All reserves and resources noted in this presentation are as of December 31, 2012; for additional information see the 2012 Reserve & Resource report at
      http://www.newmont.com/our-investors/reserves-and-resources including the cautionary statement on slides 2 and 3 thereof.
3.    Source is Capital IQ.
4.    All in sustaining cost is a non-GAAP metric defined by the Company as the sum of cost applicable to sales, copper by-product credits, G&A, exploration expense, advanced
      projects and R&D, other expense, and sustaining capital.
5.    Brownfields production defined as the mining of current operations or expansions of currently mined ore bodies.
6.    Outlook referenced in this presentation 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 on slides 32-33 and current geotechnical, metallurgical, hydrological and other physical
      conditions, which are subject to risk and uncertainty as discussed in the “Cautionary Statement” on slide 2 and in the section entitled “Risk Factors” in the Company’s 2012
      Form 10-K.
7.    In January 2011, Fronteer Gold released an interim resource estimate for Long Canyon, which reported Measured and Indicated resources of approximately 0.071 and
      1.324 million gold ounces, respectively, and an additional Inferred resource of approximately 0.8 million gold ounces. U.S. investors are cautioned that Fronteer Gold
      provided its public disclosures at the time of acquisition in the terms of "Measured resources", “Indicated resources” and "Inferred resource.” While these terms are
      recognized and required by Canadian regulations, these terms are not defined terms under the SEC’s Industry Guide 7. U.S. Investors are cautioned not to assume that any
      part or all of mineral deposits in the "Measured resources” and “Indicated resources" categories will ever be converted into Reserves. Additionally, "Inferred resources" have
      a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an inferred
      mineral resource will ever be upgraded to a higher category. Under Canadian rules, estimates of Inferred resources may not form the basis of a feasibility study or
      prefeasibility studies, except in rare cases. Accordingly, U.S. Investors are cautioned not to assume that any part or all of an Inferred resource exists or is economically or
      legally minable. Currently 2.6Moz are in the Company’s Inferred Resources (as such term is understood under the SME guidance) and none are in Reserves.
8.    Merian annual gold production is shown assuming 100% ownership with Newmont’s final interest subject to ongoing negotiations with the Surinamese government, see
      Reserve Report at www.newmont.com.
9.    Subject to permitting and other factors as described in the Company’s 2012 Form 10-K under the heading “Risk Factors.”
10.   Current drill results and drill mineralization are not necessarily indicative to future results. No assurances can be made that such drill results will be converted into Resources
      or Reserves in the future given the risk and uncertainty inherent to the exploration process.
11.   Source for data is S&P, Capital IQ and competitor websites. Competitor group includes: ABX, AEM, GFI, ANGJ, HMY, KGC, BVN, NCM, FCX, AUY, GG, IAG.
12.   Average realized gold price is determined for each preceding quarter net of applicable treatment and refining costs incurred during the quarter and provisional pricing mark-
      to-market adjustments, if any.
13.   Gold operating margin calculated as average realized gold price per ounce, less gold cost applicable to sales per ounce.
14.   Copper operating margin calculated as average realized copper price per pound, less copper cost applicable to sales per pound.
15.   Refer to slide 31 for reconciliation to GAAP net income attributable to Newmont stockholders.
16.   Refer to slide 31 for reconciliation to GAAP net income attributable to Newmont stockholders.


      Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com                                                34        March 20 - 21, 2013

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Barclays Presentation

  • 1. Barclays Americas Mining & Materials Forum John Seaberg, Vice President Investor Relations March 20 - 21, 2013
  • 2. Cautionary Statement Cautionary Statement Regarding Forward Looking Statements, Including 2013 Outlook: This presentation 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; 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. Cautionary Note to U.S. Investors Regarding Estimates of Measured, Indicated and Inferred Resources: This presentation uses the terms “Measured,” “Indicated” and “Inferred” Resources. U.S. investors are advised that while such terms are recognized and required by certain regulatory authorities, the United States Securities and Exchange Commission (the “SEC”) does not recognize them. 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 (“SME”) 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 guidelines; however the SEC generally requires mineral resource information to be reported only as in-place tonnage and grade. Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com 2 March 20 - 21, 2013
  • 3. Record reduction in injury rates in 2012 Our goal is Zero Harm – We will strive to create a workplace free of all recordable injuries and occupational illnesses. Record low TRAFR reached in Q4 2012 (Total recordable accidents per 200,000 hours worked) 3.0 2.44 2.5 2.06 2.0 1.48 1.5 1.21 1.0 0.92 0.84 0.91 0.74 0.72 0.69 0.65 0.5 0.0 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Yanacocha mine maintenance team celebrates 1.8 million hours working safely Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com 3 March 20 - 21, 2013
  • 4. Our Strategic Priorities  Strong free cash flow growth potential  Leverage to gold price  Commitment to returning capital to shareholders  Total cost management  Maximizing asset value Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com 4 March 20 - 21, 2013
  • 5. Strong free cash flow growth potential Profitable production growth  Akyem start up expected in late 2013 with ~350 to 450koz of annual gold production in first five years  Batu Hijau mining primary ore in late 2014; up to 10X increase in gold and 2.5X increase in copper production by 2015 Capital and operating cost rigor  ~$1 billion decrease in capital anticipated as a result of the completion of Akyem, Emigrant and Phoenix Copper Leach; significantly reduced spending on Conga Business priorities  Developing most promising projects; returning capital to shareholders Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com 5 March 20 - 21, 2013
  • 6. Leader in per share leverage and return of capital to shareholders Gold price linked dividend delivers direct leverage to gold price1  ~$1.3 billion returned to shareholders since April 2011 Operating leverage  ~$300M of additional free cash flow for every $100 increase in gold price Total cost focus  ~$130 million in savings realized in 2012 Dividends per Share3 Resource base $1.60  99.2 million ounces of reserves2 $1.40 $1.20  Highest reserves per share among senior gold miners $1.00 $0.80  75,000 square kilometers of land $0.60 $0.40 $0.20 $0.00 HAR KGC AUY NCM GFI GG ANG BVN ABX AEM NEM 2010 2011 2012 Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com 6 March 20 - 21, 2013
  • 7. Focus on reducing total costs All-In Sustaining Costs4 2012 Gold CAS stable despite CAS increase components $1,400 Other $1,149 $1,100 - $1,200 $1,200 Expense Power $1,000 10% Diesel 10% $800 Consumables Labor $600 10% 50% $400 Materials/ Parts 20% $200 $0 2012 2013E CAS Sustaining Capital G&A Exploration Adv. Projects Other Expense Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com 7 March 20 - 21, 2013
  • 8. Continuous Improvement and Innovation to reduce costs and create value Continuous Improvement Operations Innovation Realizing business efficiencies Solving current challenges Driving profitable growth Long-Term Power Supply, Waihi Mill 5, Nevada Yanacocha Verde Bioleach, Peru  Six focus areas: operations;  Focus on key levers to  Focus on unlocking low- processing; energy & water; reduce cost and create value, grade, complex deposits and material transport; mining such as lower cost fuels and maximizing ore body value efficiency; and sustainability improving recovery rates  Verde Demo Facility has  Project at Waihi expected to  Mill 5 project in Nevada potential to unlock up to increase power supply to trialing new flotation 3.2Blbs of copper at Newmont from 9MW to technology to increase gold Yanacocha through a high 12MW and eliminate four recovery by up to 15% on our temperature bioleach diesel generators vast high carbonate ores process Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com 8 March 20 - 21, 2013
  • 9. Focused on maximizing asset value and free cash flow while reducing risk  Baa1/BBB+ Credit Rating Balance Sheet  ~$3B in cash and marketable securities Strength  Track record of share discipline enables leading dividend  Over 70% of production from geopolitically Low Geopolitical stable jurisdictions  Over 10 years of consistent operational Managing Risk experience in Ghana risk; maximizing value and  Within an average of 1% of initial production free cash Operational guidance and 4% for CAS over past 4 years flow Excellence  Long operating history in Nevada, Peru, generation Australia, and Indonesia  Akyem nearly complete Low Development  85% of 2015 production from brownfields5 Risk  Long Canyon leverages existing infrastructure and expertise Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com 9 March 20 - 21, 2013
  • 10. Maximizing value creation across all regions 2013 Outlook6 Attributable gold production of 4.8 – 5.1 Moz Attributable copper production of 150 – 170Mlbs Indonesia ~0.4% Africa ~13% North America North ~2.0Moz Production America 38Moz Reserve ~41% AUS/NZ ~34% South America ~12% Indonesia ~0.02Moz Au Production ~80Mlbs Cu Production 4Moz Reserve South America ~0.6Moz Production 13Moz Reserve Africa ~0.7Moz Production 19Moz Reserve AUS/NZ Operations ~1.7Moz Au Production Projects ~75Mlbs Cu Production 26Moz Reserve Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com 10 March 20 - 21, 2013
  • 11. North America 40+ years of production and still growing  Leeville/Turf underground expansion – ~70Koz production beginning in 2015  Vista Vein/Twin Creeks underground expansion – ~20Koz production by 2014  La Herradura mill expansion – ~25Koz production in 2014  Phoenix Copper Leach start-up in 2H 2013 – favorable impact on costs  Long Canyon – declared 2.6Moz inferred resource with resource trend potential of 3 to 4X more7 Twin Creeks Emergency Response Team Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com 11 March 20 - 21, 2013
  • 12. South America Maintaining options in Peru with opportunity to unlock new district in Suriname  Yanacocha – potential to expand oxide production; bioleach pilot study underway to exploit sulfide resource  Merian – 80% equity achieved; potential for 400koz of annual gold production8 – Environmental Impact Study submitted by end of 2013; government agreement progressing  Conga – advancing Water First approach; first reservoir constructed by Q3 2013 Reviewing geologic details at Merian Refilling the San Jose Reservoir Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com 12 March 20 - 21, 2013
  • 13. Australia / New Zealand Stable production base and cash flow  Boddington offers ~700koz of stable annual production over the next five years – Launching Full Potential program at Boddington  Jundee extensions expected to sustain production levels of 200Koz through 2017  Reassessing Tanami Shaft in 2015 Maintenance crew at Boddington Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com 13 March 20 - 21, 2013
  • 14. Indonesia Production and free cash flow growth  Batu Hijau mining primary ore in 2014; up to 10X increase in gold and 2.5X increase in copper production by 2015  Divestment deadline extended to 26 April 2013  New labor agreement at Batu Hijau  Further investment options at Elang Batu Hijau Mine Plan Surface Jan’13 Cu 0.1-0.2% Cu 0.2-0.3% Phase 6 Cu 0.3-0.5% Cu >0.5% Phase 7 Batu Hijau, Indonesia Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com 14 March 20 - 21, 2013
  • 15. Africa Potential to double production over next 5 years9  Akyem startup anticipated in late 2013 – Expected production of ~350 – 450koz (first 5 years’ average)  Ahafo Mill expansion has potential to increase gold production by 2015  Advancing Ahafo North opportunity  Retaining option at Subika underground Mining begins at Akyem Meeting elders at Akyem Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com 15 March 20 - 21, 2013
  • 16. Future focus on execution and delivery  Safety is good, but goal is zero harm  Maximize the potential of our strong asset portfolio, reserve base and team  Need to change the trajectory on cost and capital discipline  Focus on total costs and operational execution  Delivering on expectations, including significant free cash flow growth and value to investors Akyem apprentice program Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com 16 March 20 - 21, 2013
  • 19. Project Teams Health, Safety, & Loss Prevention Performance 2012 Increased Exposure Hours with Decreased Reportable Accidents  22% increase in exposure hours with a TRAFR improvement of 33%  Two serious injuries reported within project group Improved Safety in the Development & Evaluation of Projects  Akyem project TRAFR of 0.18: a project-leading and company-leading metric during a challenging construction program (externally validated through DuPont review)  Subika had 85% improvement in TRAFR from 2011 to 2012  Positive outcome a product of: superior management presence, strong Project HSLP Manager and accountability over construction safety management system Priorities to Drive Continuous Improvement of Safety Performance in 2013  Providing supervisors with the necessary tools to engage employees on safety  Link communication between Safety Leadership Teams with Executive Leadership Teams  Align agreed behaviors on “Project Safety Golden Rules”  Fatal risk assessment underway by supervisory personnel Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com 19 March 20 - 21, 2013
  • 20. Pipeline of Investment Options for Potential Free Cash Flow Reinvestment New Deposits or Expansions Strategic Options Long Canyon (Au) Leeville Ext (Au) Copper Basin (Au/Cu) Akyem (Au) *Expected completion in late 2013 Ahafo Mill Expansion (Au) La Herradura Mill Expansion (Au) Ahafo North (Au) Merian (Au) Subika (Au) Nimba (Fe) Elang (Au/Cu) Yanacocha Verde (Cu) Conga (Cu/Au) Tanami Shaft (Au) Jundee Extensions (Au) Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com 20 March 20 - 21, 2013
  • 21. North America Project Pipeline Offers Three Low Risk Expansion Opportunities Leeville/Turf Underground Vista Vein Underground La Herradura Mill Expansion Expansion Expansion  Addition of vent shaft  Underground expansion  Increased throughput expected to increase is expected to add creates potential of production by ~70koz, ~20koz of incremental ~25koz of additional beginning in 2015 production at Twin annual production by Creeks by 2014 2014 Note: Production figures represent average over first 5 years Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com 21 March 20 - 21, 2013
  • 22. North America Long Canyon’s Significant Potential Continues to be Explored and Discovered Long Canyon Exploration Long Canyon Exploration, 2012 & 2013 Highlights  2.6Moz inferred resource declared with trend potential of >3-4x Fronteer’s original estimates7  ~65,000 meters of drilling planned for 201310  Selection and confirmation study underway  Draft EIS to be completed late 2013 Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com 22 March 20 - 21, 2013
  • 23. South America Water First Approach Continues Development Status  On-track to complete construction of Chailhuagon reservoir  Downsizing owners’ team  Reviewing development alternatives for Conga 2013 Attributable Spending Focused on Reservoir Work “Water First” Development Approach  ~$150M planned capital expense in 2013 - ~$110M equipment, owners’ costs & engineering support - ~$20M to complete reservoir construction - ~$20M in community costs, roads and water systems Dam for Chailhuagon Reservoir Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com 23 March 20 - 21, 2013
  • 24. Africa Akyem Construction On Schedule and On Budget9 Construction Update  Construction is ~78% complete  First production expected late 2013  Carbon-in-leach (CIL) tanks in place with final major structural steel lift to top of tanks completed Project Specifications Akyem Sag Mill  Gold production of 350 - 450 koz (first 5 years’ average)  CAS of $500 - $650/oz (first 5 years’ average)  Initial Capital of $0.9 - $1.1 billion  Mine life ~16 years  7.4Moz Gold Reserve Akyem Apprenticeship Program Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com 24 March 20 - 21, 2013
  • 25. Jundee Extensions Leveraging Exploration Success to Extend Mine Life  Jundee is a high grade narrow vein deposit  Extension has potential to sustain ~200koz of production through 2017  Total project capital of ~$220M Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com 25 March 20 - 21, 2013
  • 26. Industry Leading Gold Price-Linked Dividend1 Yield at $45 Newmont share price 2% 4% 7% 9% 3.5% Competitors $2,200- Change per $2,299 $100/oz move 2.1% $2,100- in gold price $2,199 $2,000- $0.40 $2,099 $1,900 -$1,999 2012 Dividend Yield11 $1,800 -$1,899 $0.30 $1,700 -$1,799 $1,600 $2.40 -$1,699 $1,500 -$1,599 $0.20 $0.85 $1,400 -$1,499 $1,300 -$1,399 $1,200 -$1,299 Cumulative Dividends per Share Since April 201111 $0.00 $1.00 $2.00 $3.00 $4.00 Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com 26 March 20 - 21, 2013
  • 27. Q4 and 2012 Operating Results in Line With 2012 Outlook Q4 2011 Q4 2012 FY 2011 FY 2012 Attributable Gold Production (Moz) 1.3 1.3 5.2 5.0 Attributable Copper Production (Mlbs) 45 35 197 143 Attributable Gold Sales (Moz) 1.3 1.2 5.1 4.9 Attributable Copper Sales (Mlbs) 49 42 203 145 Average Realized Gold Price ($/oz)12 $1,670 $1,700 $1,562 $1,662 Average Realized Copper Price ($/lb) $3.41 $3.22 $3.54 $3.43 Gold CAS ($/oz) $602 $720 $591 $677 Copper CAS ($/lb) $1.58 $2.61 $1.26 $2.34 Gold Operating Margin ($/oz)13 $1,068 $980 $971 $985 Copper Operating Margin ($/lb)14 $1.83 $0.61 $2.28 $1.09 All-in Sustaining Cost ($/oz)4 $1,076 $1,192 $929 $1,149 Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com 27 March 20 - 21, 2013
  • 28. Q4 and 2012 Financial Results Reflect Stable Production with Increasing Returns of Capital to Shareholders Q4 2011 Q4 2012 FY 2011 FY 2012 Revenue ($M) $2,765 $2,476 $10,358 $9,868 Net Income (Loss) from Continuing Ops ($M) $(1,028) $645 $502 $1,885 Net Income (Loss) from Continuing Ops $(2.08) $1.30 $1.02 $3.80 per Share Adjusted Net Income ($M)15 $577 $552 $2,170 $1,850 Adjusted Net Income per Share16 $1.14 $1.11 $4.31 $3.71 Cash from Continuing Operations ($M) $925 $846 $3,591 $2,388 Dividends per Share $0.35 $0.425 $1.00 $1.40 Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com 28 March 20 - 21, 2013
  • 29. Exploration Update Gold Reserves Increase to Record Levels for the 5th Straight Year2 2012 Attributable Gold 2012 Attributable Gold Proven Proven and Probable Reserves and Probable Reserves by Region 1.5 Australia / NZ Million Ounces 6.6 / Indonesia 6.2 29.9Moz South (30%) Africa 1.5 America 19.0Moz 105.5 12.6Moz (19%) 100.3 (13%) 98.8 98.8 99.3 99.2 North America 37.7Moz (38%) 2011 Gold Price Additions Revisions Depletions 2012  Record gold reserves of 99.2 Moz, slight increase from 2011, calculated at $1,400/oz  Gold resource of 22 Moz Measured and Indicated; plus 18 Moz Inferred resource, including 2.6 Moz Inferred Resource at Long Canyon  Biggest gold reserve increases came from South America and North America  First reserve of 2.9 Moz declared at the Merian project in Suriname Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com 29 March 20 - 21, 2013
  • 30. Exploration Update Copper Reserves of 9.5 Billion Pounds2 2012 Attributable Copper 2012 Attributable Copper Proven Proven and Probable Reserves and Probable Reserves by Region 0.1 0.1 Billion Pounds 0.1 Australia / NZ 0.3 / Indonesia 5.7Blbs (60%) 9.7 9.7 9.8 9.8 9.5 9.5 South North America America 1.7Blbs 2.1Blbs (18%) (22%) 2011 Cu Price Additions Revisions Depletions 2012  Copper reserves of 9.5 Blbs  Copper reserves calculated at $3.25/lb  Total copper resource of 2.2 Blbs Measured and Indicated; 0.97 Blbs Inferred resource Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com 30 March 20 - 21, 2013
  • 31. Reconciliation to Non-GAAP Metrics Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com 31 March 20 - 21, 2013
  • 32. 2013 Outlook6 Attributable Consolidated Production Consolidated CAS Capital Attributable Capital b c Region (Kozs, Mlbs) ($/oz, $/lb) Expenditures ($M) Expenditures ($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 Australia/NZ 925 - 975 $950 - $1,050 $225 - $275 $225 - $275 Australia/New Zealand 1,625 - 1,725 $900 - $1,000 $375 - $425 $375 - $425 Batu Hijau, Indonesia d 20 - 30 $900 - $1,000 $75 - $125 $25 - $75 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 - $2,600 $2,100 - $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 a Nevada 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. c Excludes capitalized interest of approximately $142 million, consolidated and attributable. d Assumes Batu Hijau economic interest of 44.56% for 2013, subject to final divestiture obligations. Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com 32 March 20 - 21, 2013
  • 33. 2013 Expense and All-in Sustaining Cost Outlook 2013 Expense Outlook Consolidated Attributable Description Expenses ($M) Expenses ($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 - $225 Tax Rate 30% - 32% 30% - 32% a,b,c All-in sustaining cost ($/ounce) $1,100 - $1,200 $1,100 - $1,200 Key Assumptions Gold Price ($/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 attributable costs applicable to sales, copper by-product credits, G&A, exploration expense, advanced projects and R&D, other expense, and sustaining capital. b All-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. c The 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. Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com 33 March 20 - 21, 2013
  • 34. Endnotes Investors are encouraged to read the information contained in this presentation in conjunction with the following notes footnotes, the Cautionary Statement on slide 2 and the factors described under the “Risk Factors” section of the Company’s most recent Form 10-K, filed with the SEC on February 22, 2013 (“2012 Form 10-K”). 1. Newmont has established a gold price-linked dividend policy that serves as a non-binding guideline for Newmont’s Board of Directors (the “Board”). The Board reserves all powers related to the declaration and payment of dividends. In addition, the declaration and payment of future dividends remain at the discretion of the Board and will be determined based on Newmont’s financial results, cash and liquidity requirements, future prospects and other factors deemed relevant by the Board. In determining the dividend to be declared and paid on the common stock of the Company, the Board may revise or terminate such policy at any time without prior notice. 2. All reserves and resources noted in this presentation are as of December 31, 2012; for additional information see the 2012 Reserve & Resource report at http://www.newmont.com/our-investors/reserves-and-resources including the cautionary statement on slides 2 and 3 thereof. 3. Source is Capital IQ. 4. All in sustaining cost is a non-GAAP metric defined by the Company as the sum of cost applicable to sales, copper by-product credits, G&A, exploration expense, advanced projects and R&D, other expense, and sustaining capital. 5. Brownfields production defined as the mining of current operations or expansions of currently mined ore bodies. 6. Outlook referenced in this presentation 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 on slides 32-33 and current geotechnical, metallurgical, hydrological and other physical conditions, which are subject to risk and uncertainty as discussed in the “Cautionary Statement” on slide 2 and in the section entitled “Risk Factors” in the Company’s 2012 Form 10-K. 7. In January 2011, Fronteer Gold released an interim resource estimate for Long Canyon, which reported Measured and Indicated resources of approximately 0.071 and 1.324 million gold ounces, respectively, and an additional Inferred resource of approximately 0.8 million gold ounces. U.S. investors are cautioned that Fronteer Gold provided its public disclosures at the time of acquisition in the terms of "Measured resources", “Indicated resources” and "Inferred resource.” While these terms are recognized and required by Canadian regulations, these terms are not defined terms under the SEC’s Industry Guide 7. U.S. Investors are cautioned not to assume that any part or all of mineral deposits in the "Measured resources” and “Indicated resources" categories will ever be converted into Reserves. Additionally, "Inferred resources" have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category. Under Canadian rules, estimates of Inferred resources may not form the basis of a feasibility study or prefeasibility studies, except in rare cases. Accordingly, U.S. Investors are cautioned not to assume that any part or all of an Inferred resource exists or is economically or legally minable. Currently 2.6Moz are in the Company’s Inferred Resources (as such term is understood under the SME guidance) and none are in Reserves. 8. Merian annual gold production is shown assuming 100% ownership with Newmont’s final interest subject to ongoing negotiations with the Surinamese government, see Reserve Report at www.newmont.com. 9. Subject to permitting and other factors as described in the Company’s 2012 Form 10-K under the heading “Risk Factors.” 10. Current drill results and drill mineralization are not necessarily indicative to future results. No assurances can be made that such drill results will be converted into Resources or Reserves in the future given the risk and uncertainty inherent to the exploration process. 11. Source for data is S&P, Capital IQ and competitor websites. Competitor group includes: ABX, AEM, GFI, ANGJ, HMY, KGC, BVN, NCM, FCX, AUY, GG, IAG. 12. Average realized gold price is determined for each preceding quarter net of applicable treatment and refining costs incurred during the quarter and provisional pricing mark- to-market adjustments, if any. 13. Gold operating margin calculated as average realized gold price per ounce, less gold cost applicable to sales per ounce. 14. Copper operating margin calculated as average realized copper price per pound, less copper cost applicable to sales per pound. 15. Refer to slide 31 for reconciliation to GAAP net income attributable to Newmont stockholders. 16. Refer to slide 31 for reconciliation to GAAP net income attributable to Newmont stockholders. Newmont Mining Corporation | Barclays Americas Mining & Materials Conference | www.newmont.com 34 March 20 - 21, 2013