This document is an investor presentation from Newmont Mining Corporation dated December 13, 2016. It contains forward-looking statements regarding estimates and expectations of future production, costs, capital expenditures, profitability, and other metrics. It cautions that these statements are based on assumptions that may prove to be incorrect. The presentation provides an overview of Newmont's strategy to improve its underlying business, strengthen its portfolio, and create shareholder value. It summarizes recent performance results and updates to guidance. Newmont aims to maximize opportunities and manage risks across its global operations and projects.
This document provides a summary of Newmont Mining Corporation's full year and Q4 2016 earnings. Some key points:
- Safety performance improved with injury rates down 50% and fatigue events down 87% due to increased training and technology.
- Operational performance was strong with gold production up 7% to 4.9Moz and AISC down 2% to $912/oz through cost discipline.
- The portfolio was optimized through developing two new mines $200M below budget and adding over 4Moz of reserves while divesting non-core assets.
- Financial results were up significantly year-over-year with free cash flow more than doubling to $784M and adjusted E
This document summarizes Newmont Mining Corporation's Q3 2016 results. It discusses improvements in safety and cost performance. It highlights projects like Merian and Long Canyon that have begun production ahead of schedule and under budget. It also provides financial details like revenue, earnings, and debt reduction. Newmont reiterates its full-year production and cost guidance. The pending sale of PTNNT is discussed along with expected proceeds and impact. The presentation emphasizes Newmont's leadership in sustainability and portfolio optimization efforts.
This three sentence summary provides the high level information from the investor presentation document:
The document is an investor presentation from Newmont Mining Corporation that includes forward-looking statements and cautions readers that actual results may differ. It outlines Newmont's strategy of improving operational performance, strengthening its portfolio through projects like Merian and Long Canyon, and creating shareholder value through increased free cash flow and returns. The presentation also provides updates on Newmont's safety and sustainability performance as well as its financial and operating results.
Gary Goldberg, President and CEO of Newmont Mining Corporation, presented at the Denver Gold Forum on September 16, 2014. The presentation included:
1) Newmont has industry-leading safety performance and is delivering on commitments to lower costs and strengthen its portfolio.
2) Key projects including Merian, Turf Vent Shaft, and the Ahafo Mill Expansion are on track to optimize production.
3) Newmont has an industry-leading project pipeline and clear capital priorities to maximize value for shareholders.
This document provides an investor presentation for Newmont Mining Corporation from October/November 2016. It includes the following key points:
- Newmont has improved its safety and sustainability performance significantly in recent years while also lowering costs.
- The company is focused on optimizing its existing business, strengthening its portfolio through organic growth projects, and creating shareholder value through industry-leading free cash flow and returns.
- Recent projects like Merian and Long Canyon are expected to provide over a decade of profitable production each and strengthen Newmont's portfolio.
- Newmont's exploration program has delivered over 123 million ounces of gold reserves at a finding cost of $23 per ounce since 2001.
- The company
- Gary Goldberg, President and CEO of Newmont Mining Corporation, presented at the Denver Gold Forum in September 2016
- The presentation contained forward-looking statements regarding estimates and expectations of future production, costs, capital expenditures, and other metrics, which are based on certain assumptions that may prove to be incorrect
- Newmont's strategy focuses on improving the underlying business by optimizing costs, strengthening the portfolio through organic growth and acquisitions, and creating shareholder value through industry-leading returns, cash flow, and financial flexibility
- Newmont Mining Corporation reported its Q2 2017 earnings on July 25, 2017.
- In Q2, the company's AISC decreased 3% to $884/oz due to strong operational execution, and attributable gold production increased 13% to 1.4 Moz from higher grades and throughput.
- The company approved its Twin Underground project, which is expected to add higher grade ore and extend the mine life at lower costs.
Gary Goldberg, President and CEO of Newmont Mining Corporation, presented at the Denver Gold Forum in September 2017. The presentation covered Newmont's strategy of improving its underlying business through superior operational execution, strengthening its global portfolio of long-life assets, and creating value for shareholders by leading the sector in profitability and responsibility. It highlighted Newmont's industry-leading safety and cost improvement performance, profitable growth projects, top-tier reserves, and financial flexibility.
This document provides a summary of Newmont Mining Corporation's full year and Q4 2016 earnings. Some key points:
- Safety performance improved with injury rates down 50% and fatigue events down 87% due to increased training and technology.
- Operational performance was strong with gold production up 7% to 4.9Moz and AISC down 2% to $912/oz through cost discipline.
- The portfolio was optimized through developing two new mines $200M below budget and adding over 4Moz of reserves while divesting non-core assets.
- Financial results were up significantly year-over-year with free cash flow more than doubling to $784M and adjusted E
This document summarizes Newmont Mining Corporation's Q3 2016 results. It discusses improvements in safety and cost performance. It highlights projects like Merian and Long Canyon that have begun production ahead of schedule and under budget. It also provides financial details like revenue, earnings, and debt reduction. Newmont reiterates its full-year production and cost guidance. The pending sale of PTNNT is discussed along with expected proceeds and impact. The presentation emphasizes Newmont's leadership in sustainability and portfolio optimization efforts.
This three sentence summary provides the high level information from the investor presentation document:
The document is an investor presentation from Newmont Mining Corporation that includes forward-looking statements and cautions readers that actual results may differ. It outlines Newmont's strategy of improving operational performance, strengthening its portfolio through projects like Merian and Long Canyon, and creating shareholder value through increased free cash flow and returns. The presentation also provides updates on Newmont's safety and sustainability performance as well as its financial and operating results.
Gary Goldberg, President and CEO of Newmont Mining Corporation, presented at the Denver Gold Forum on September 16, 2014. The presentation included:
1) Newmont has industry-leading safety performance and is delivering on commitments to lower costs and strengthen its portfolio.
2) Key projects including Merian, Turf Vent Shaft, and the Ahafo Mill Expansion are on track to optimize production.
3) Newmont has an industry-leading project pipeline and clear capital priorities to maximize value for shareholders.
This document provides an investor presentation for Newmont Mining Corporation from October/November 2016. It includes the following key points:
- Newmont has improved its safety and sustainability performance significantly in recent years while also lowering costs.
- The company is focused on optimizing its existing business, strengthening its portfolio through organic growth projects, and creating shareholder value through industry-leading free cash flow and returns.
- Recent projects like Merian and Long Canyon are expected to provide over a decade of profitable production each and strengthen Newmont's portfolio.
- Newmont's exploration program has delivered over 123 million ounces of gold reserves at a finding cost of $23 per ounce since 2001.
- The company
- Gary Goldberg, President and CEO of Newmont Mining Corporation, presented at the Denver Gold Forum in September 2016
- The presentation contained forward-looking statements regarding estimates and expectations of future production, costs, capital expenditures, and other metrics, which are based on certain assumptions that may prove to be incorrect
- Newmont's strategy focuses on improving the underlying business by optimizing costs, strengthening the portfolio through organic growth and acquisitions, and creating shareholder value through industry-leading returns, cash flow, and financial flexibility
- Newmont Mining Corporation reported its Q2 2017 earnings on July 25, 2017.
- In Q2, the company's AISC decreased 3% to $884/oz due to strong operational execution, and attributable gold production increased 13% to 1.4 Moz from higher grades and throughput.
- The company approved its Twin Underground project, which is expected to add higher grade ore and extend the mine life at lower costs.
Gary Goldberg, President and CEO of Newmont Mining Corporation, presented at the Denver Gold Forum in September 2017. The presentation covered Newmont's strategy of improving its underlying business through superior operational execution, strengthening its global portfolio of long-life assets, and creating value for shareholders by leading the sector in profitability and responsibility. It highlighted Newmont's industry-leading safety and cost improvement performance, profitable growth projects, top-tier reserves, and financial flexibility.
This document is an investor presentation from Newmont Mining Corporation from November 2017. It summarizes Newmont's strategy to improve its underlying business through superior operational execution, strengthen its portfolio of global assets, and sustain a portfolio of long-life mines. Key points include Newmont leading the sector in safety and sustainability performance, having a global portfolio of long-life assets across four continents, and investing in profitable growth projects across its portfolio to extend mine lives and production.
Gary Goldberg, President and CEO of Newmont Mining Corporation, presented at the BAML Metals & Mining Conference in May 2016. The presentation focused on Newmont's strategy of improving its underlying business through leading safety and cost performance, strengthening its portfolio through organic growth and transactions, and creating shareholder value through a superior balance sheet and cash flow. Newmont has reduced costs by 30% since 2012 and is building a longer-life, lower-cost asset portfolio through projects like Merian and Long Canyon.
- Newmont Mining Corporation reported its Q3 2017 earnings. Key highlights included strong operational execution, leading safety performance, and top sustainability ratings.
- AISC for Q3 was $943/oz due to strong performance in Africa, Australia, and North America. Attributable gold production for Q3 was 1.3 million ounces, up 7% from the prior year.
- The company is progressing long-life assets globally and longer-term growth projects in Canada, Australia, and French Guiana to sustain production and extend mine lives.
The document is a presentation by Gary Goldberg, President and CEO of Newmont Mining Corporation, at the BAML Metals and Mining Conference in May 2017. It summarizes Newmont's leading safety and sustainability performance, stable production profile from a globally diversified portfolio of assets, investment in profitable growth projects, and opportunities from recent investments and discoveries that provide upside potential. Newmont aims to deliver long-term shareholder value through steady gold production, ongoing cost discipline and capital investment focused on high return projects.
The document provides an overview and outlook for Newmont Mining Corporation for 2014-2016. It summarizes that Newmont will see stable gold production recovering in 2015-2016 through higher grades in North America and steady production in other regions. Copper production is expected to increase at the Batu Hijau mine in Indonesia. All-in sustaining costs are projected to remain stable over the three years. Total capital spending is forecasted to decline approximately 30% from 2014 levels. Newmont will focus on disciplined capital allocation to improve its financial flexibility and portfolio through projects like Merian and Long Canyon.
Newmont Mining Corporation reported its Q1 2017 earnings. Gold production for Q1 was 1.2 Moz, up 9% year-over-year and the company remains on track to meet its full-year guidance of 4.9-5.4 Moz. All-in sustaining costs for Q1 were $900/oz, below guidance. Newmont also approved expansions at its Ahafo mine in Africa, which will improve profitability and mine life. The expansions include an underground mine and mill expansion.
This document provides a cautionary statement regarding forward-looking statements in Newmont Mining Corporation's investor presentation. It notes that estimates and expectations in the presentation are based on assumptions that may prove to be incorrect. It lists key assumptions including around geological, metallurgical and other conditions, permitting, development and expansion of operations, political stability, exchange rates, commodity prices, supply prices, mineral reserve and resource estimates, and other risks. The company does not undertake to publicly revise or update forward-looking statements except as required by law.
Royal Gold reported strong financial results for its fiscal second quarter of 2017. Revenue increased 9% compared to the prior year quarter to $107 million, driven by higher gold prices and steady production across its portfolio. Operating cash flow grew 34% year-over-year. Production is expected to increase in the coming quarters from new contributions from Rainy River, which is estimated to begin production in September 2017, and from an amended gold-copper stream at Mount Milligan. Royal Gold has no additional funding requirements and $420 million in available liquidity as of December 31, 2016.
1) First Quantum Minerals achieved strong operating performance in Q3 2016, setting new quarterly production records at several mines. Costs also decreased due to cost cutting measures and a new smelter.
2) The company is in a stronger financial position, with $810 million in unrestricted cash and $593 million available in an undrawn credit facility. Net debt is within bank covenant levels.
3) Development of the Cobre Panama project remains on track. Over half a billion dollars was spent on the project in 2016, with construction of the power station and port facilities ongoing. Project financing is progressing with financial close expected within 12 months.
This document contains a cautionary statement from Newmont Mining Corporation regarding forward-looking statements in their presentation. It notes that estimates and expectations discussed are based on certain assumptions which, if incorrect, could cause actual results to differ. It identifies risks such as metal price volatility, cost variations, permitting issues, and other economic and political factors that could impact projections. The company does not undertake to publicly update forward-looking statements except as required by applicable laws.
Detour Gold Corporation presented at the BMO Global Metals & Mining Conference in February 2016. Key highlights include:
- Detour Gold achieved gold production of 505,558 ounces in 2015 and expects production to increase to 540,000-590,000 ounces in 2016.
- All-in sustaining costs declined significantly over 2015 and are forecasted to be $840-940 per ounce sold in 2016.
- A new 23-year life of mine plan was unveiled, which incorporates the development of the West Detour deposit. The plan outlines steady production of approximately 650,000 ounces per year over the next 9 years.
- Exploration success at the Lower Detour Zone 58N target provides
Alamos corp presentation june 22 2017 finalalamosgoldinc
This June 2017 corporate presentation from Alamos Gold provides an overview of the company and cautions readers about forward-looking statements. It summarizes that Alamos is forecasting 2017 gold production of 400,000-430,000 ounces from its three North American mines at an all-in sustaining cost of $940 per ounce, representing a 7% improvement from 2016. It also notes that Alamos has a strong balance sheet as a debt-free company with $156 million in cash plus an undrawn $150 million credit facility to support its portfolio of six low-cost development projects and track record of delivering shareholder value.
This document provides an overview of Alamos Gold Inc., including:
- Production guidance of 400,000-430,000 ounces of gold from three North American mines in 2017.
- AISC of $940 per ounce in 2017, a 7% improvement from 2016.
- A portfolio of 6 low-cost development projects and exploration properties that provide a platform for long-term growth.
This document is a presentation by The High Margin Precious Metals Company from December 2016. It contains cautionary statements regarding the use of forward-looking statements and notes the risks associated with relying on such statements. Readers are strongly cautioned to carefully review the risk factors contained in the presentation and in other Silver Wheaton regulatory filings.
This document provides an overview and summary of SEMAFO's assets, growth strategy, and projects. SEMAFO has high-grade gold deposits in West Africa, a track record of success, and is pursuing growth through projects like Boungou mine construction and regional exploration. Boungou is on track to begin production in Q3 2018 and aims to be one of SEMAFO's highest producing mines. SEMAFO's priority is replacing reserves through exploration while maintaining a strong social responsibility program.
BMO Capital Markets Global Metals & Mining Conference yamanagold2016
The document provides cautionary notes regarding forward-looking statements in a presentation for a metals and mining conference. It notes that forward-looking statements involve risks and uncertainties that could cause actual results to differ from expectations. It also cautions US investors that mineral resource classifications differ between Canadian and US standards. The document outlines non-GAAP financial measures used by the company and definitions of EBITDA and EBITDA margin. It states that all dollar amounts in the presentation are in US dollars unless otherwise indicated.
The document summarizes a presentation given at the Denver Gold Forum from September 25-27, 2017. It discusses Teranga Gold Corporation's Sabodala gold mine in Senegal and its planned Banfora gold project in Burkina Faso. Teranga aims to become a mid-tier West African gold producer, with consolidated average annual production of 300,000-350,000 ounces once Banfora begins production in 2019. The presentation outlines Teranga's growth strategy and provides project details and financial projections for Banfora.
SEMAFO has a track record of operating success in West Africa, with low-cost gold production of 255,900 ounces in 2015. The company's feasibility study shows that its Natougou project has robust economics, including an after-tax IRR of 48% and payback period of 1.5 years. SEMAFO is focused on targeted exploration near its Mana mine and at Natougou to increase reserves and resources. With $167 million in cash and an increased credit facility, SEMAFO has the financial strength to bring Natougou into production by late 2018.
- PVA is a small-cap E&P company focused on oil and liquids-rich plays like the Eagle Ford Shale, with excellent drilling results to date in the Eagle Ford
- PVA is executing a strategy to transition from natural gas to oil and liquids, through increased drilling in plays like the Eagle Ford where it has over 23,000 net acres
- Key catalysts for PVA include further exploratory success in the Eagle Ford, improving production and cash flows from the Eagle Ford, and a potential Granite Wash asset sale to boost liquidity
Newmont Mining Corporation reported its full year and Q4 2015 earnings. Key highlights include:
- The company lowered its all-in sustaining costs by 10% to $898/oz for 2015 and continued to deliver its strategy of improving the underlying business and strengthening its portfolio.
- Operationally, the company increased gold production by 4% to 5.0 million ounces in 2015 while lowering injury rates by 18% and reducing costs.
- Financially, the company increased adjusted EBITDA by 29% to $2.7 billion in 2015, more than doubled its free cash flow to $756 million, and lowered its net debt.
- Looking forward, the company aims to deliver safe and profitable
This investor presentation provides an overview of Newmont Mining Corporation and highlights key points:
1) Newmont has improved its underlying business through cost reductions, growing production from new projects, and divesting non-core assets. All-in sustaining costs have decreased 22% since 2012.
2) The company has strengthened its portfolio through investing in projects like Merian and Long Canyon that have longer mine lives and lower costs than divested assets.
3) Newmont has created shareholder value by outperforming peers in free cash flow generation, with $1.2 billion generated since 2012. This has allowed it to self-fund projects and increase dividends.
This document is an investor presentation from Newmont Mining Corporation from November 2017. It summarizes Newmont's strategy to improve its underlying business through superior operational execution, strengthen its portfolio of global assets, and sustain a portfolio of long-life mines. Key points include Newmont leading the sector in safety and sustainability performance, having a global portfolio of long-life assets across four continents, and investing in profitable growth projects across its portfolio to extend mine lives and production.
Gary Goldberg, President and CEO of Newmont Mining Corporation, presented at the BAML Metals & Mining Conference in May 2016. The presentation focused on Newmont's strategy of improving its underlying business through leading safety and cost performance, strengthening its portfolio through organic growth and transactions, and creating shareholder value through a superior balance sheet and cash flow. Newmont has reduced costs by 30% since 2012 and is building a longer-life, lower-cost asset portfolio through projects like Merian and Long Canyon.
- Newmont Mining Corporation reported its Q3 2017 earnings. Key highlights included strong operational execution, leading safety performance, and top sustainability ratings.
- AISC for Q3 was $943/oz due to strong performance in Africa, Australia, and North America. Attributable gold production for Q3 was 1.3 million ounces, up 7% from the prior year.
- The company is progressing long-life assets globally and longer-term growth projects in Canada, Australia, and French Guiana to sustain production and extend mine lives.
The document is a presentation by Gary Goldberg, President and CEO of Newmont Mining Corporation, at the BAML Metals and Mining Conference in May 2017. It summarizes Newmont's leading safety and sustainability performance, stable production profile from a globally diversified portfolio of assets, investment in profitable growth projects, and opportunities from recent investments and discoveries that provide upside potential. Newmont aims to deliver long-term shareholder value through steady gold production, ongoing cost discipline and capital investment focused on high return projects.
The document provides an overview and outlook for Newmont Mining Corporation for 2014-2016. It summarizes that Newmont will see stable gold production recovering in 2015-2016 through higher grades in North America and steady production in other regions. Copper production is expected to increase at the Batu Hijau mine in Indonesia. All-in sustaining costs are projected to remain stable over the three years. Total capital spending is forecasted to decline approximately 30% from 2014 levels. Newmont will focus on disciplined capital allocation to improve its financial flexibility and portfolio through projects like Merian and Long Canyon.
Newmont Mining Corporation reported its Q1 2017 earnings. Gold production for Q1 was 1.2 Moz, up 9% year-over-year and the company remains on track to meet its full-year guidance of 4.9-5.4 Moz. All-in sustaining costs for Q1 were $900/oz, below guidance. Newmont also approved expansions at its Ahafo mine in Africa, which will improve profitability and mine life. The expansions include an underground mine and mill expansion.
This document provides a cautionary statement regarding forward-looking statements in Newmont Mining Corporation's investor presentation. It notes that estimates and expectations in the presentation are based on assumptions that may prove to be incorrect. It lists key assumptions including around geological, metallurgical and other conditions, permitting, development and expansion of operations, political stability, exchange rates, commodity prices, supply prices, mineral reserve and resource estimates, and other risks. The company does not undertake to publicly revise or update forward-looking statements except as required by law.
Royal Gold reported strong financial results for its fiscal second quarter of 2017. Revenue increased 9% compared to the prior year quarter to $107 million, driven by higher gold prices and steady production across its portfolio. Operating cash flow grew 34% year-over-year. Production is expected to increase in the coming quarters from new contributions from Rainy River, which is estimated to begin production in September 2017, and from an amended gold-copper stream at Mount Milligan. Royal Gold has no additional funding requirements and $420 million in available liquidity as of December 31, 2016.
1) First Quantum Minerals achieved strong operating performance in Q3 2016, setting new quarterly production records at several mines. Costs also decreased due to cost cutting measures and a new smelter.
2) The company is in a stronger financial position, with $810 million in unrestricted cash and $593 million available in an undrawn credit facility. Net debt is within bank covenant levels.
3) Development of the Cobre Panama project remains on track. Over half a billion dollars was spent on the project in 2016, with construction of the power station and port facilities ongoing. Project financing is progressing with financial close expected within 12 months.
This document contains a cautionary statement from Newmont Mining Corporation regarding forward-looking statements in their presentation. It notes that estimates and expectations discussed are based on certain assumptions which, if incorrect, could cause actual results to differ. It identifies risks such as metal price volatility, cost variations, permitting issues, and other economic and political factors that could impact projections. The company does not undertake to publicly update forward-looking statements except as required by applicable laws.
Detour Gold Corporation presented at the BMO Global Metals & Mining Conference in February 2016. Key highlights include:
- Detour Gold achieved gold production of 505,558 ounces in 2015 and expects production to increase to 540,000-590,000 ounces in 2016.
- All-in sustaining costs declined significantly over 2015 and are forecasted to be $840-940 per ounce sold in 2016.
- A new 23-year life of mine plan was unveiled, which incorporates the development of the West Detour deposit. The plan outlines steady production of approximately 650,000 ounces per year over the next 9 years.
- Exploration success at the Lower Detour Zone 58N target provides
Alamos corp presentation june 22 2017 finalalamosgoldinc
This June 2017 corporate presentation from Alamos Gold provides an overview of the company and cautions readers about forward-looking statements. It summarizes that Alamos is forecasting 2017 gold production of 400,000-430,000 ounces from its three North American mines at an all-in sustaining cost of $940 per ounce, representing a 7% improvement from 2016. It also notes that Alamos has a strong balance sheet as a debt-free company with $156 million in cash plus an undrawn $150 million credit facility to support its portfolio of six low-cost development projects and track record of delivering shareholder value.
This document provides an overview of Alamos Gold Inc., including:
- Production guidance of 400,000-430,000 ounces of gold from three North American mines in 2017.
- AISC of $940 per ounce in 2017, a 7% improvement from 2016.
- A portfolio of 6 low-cost development projects and exploration properties that provide a platform for long-term growth.
This document is a presentation by The High Margin Precious Metals Company from December 2016. It contains cautionary statements regarding the use of forward-looking statements and notes the risks associated with relying on such statements. Readers are strongly cautioned to carefully review the risk factors contained in the presentation and in other Silver Wheaton regulatory filings.
This document provides an overview and summary of SEMAFO's assets, growth strategy, and projects. SEMAFO has high-grade gold deposits in West Africa, a track record of success, and is pursuing growth through projects like Boungou mine construction and regional exploration. Boungou is on track to begin production in Q3 2018 and aims to be one of SEMAFO's highest producing mines. SEMAFO's priority is replacing reserves through exploration while maintaining a strong social responsibility program.
BMO Capital Markets Global Metals & Mining Conference yamanagold2016
The document provides cautionary notes regarding forward-looking statements in a presentation for a metals and mining conference. It notes that forward-looking statements involve risks and uncertainties that could cause actual results to differ from expectations. It also cautions US investors that mineral resource classifications differ between Canadian and US standards. The document outlines non-GAAP financial measures used by the company and definitions of EBITDA and EBITDA margin. It states that all dollar amounts in the presentation are in US dollars unless otherwise indicated.
The document summarizes a presentation given at the Denver Gold Forum from September 25-27, 2017. It discusses Teranga Gold Corporation's Sabodala gold mine in Senegal and its planned Banfora gold project in Burkina Faso. Teranga aims to become a mid-tier West African gold producer, with consolidated average annual production of 300,000-350,000 ounces once Banfora begins production in 2019. The presentation outlines Teranga's growth strategy and provides project details and financial projections for Banfora.
SEMAFO has a track record of operating success in West Africa, with low-cost gold production of 255,900 ounces in 2015. The company's feasibility study shows that its Natougou project has robust economics, including an after-tax IRR of 48% and payback period of 1.5 years. SEMAFO is focused on targeted exploration near its Mana mine and at Natougou to increase reserves and resources. With $167 million in cash and an increased credit facility, SEMAFO has the financial strength to bring Natougou into production by late 2018.
- PVA is a small-cap E&P company focused on oil and liquids-rich plays like the Eagle Ford Shale, with excellent drilling results to date in the Eagle Ford
- PVA is executing a strategy to transition from natural gas to oil and liquids, through increased drilling in plays like the Eagle Ford where it has over 23,000 net acres
- Key catalysts for PVA include further exploratory success in the Eagle Ford, improving production and cash flows from the Eagle Ford, and a potential Granite Wash asset sale to boost liquidity
Newmont Mining Corporation reported its full year and Q4 2015 earnings. Key highlights include:
- The company lowered its all-in sustaining costs by 10% to $898/oz for 2015 and continued to deliver its strategy of improving the underlying business and strengthening its portfolio.
- Operationally, the company increased gold production by 4% to 5.0 million ounces in 2015 while lowering injury rates by 18% and reducing costs.
- Financially, the company increased adjusted EBITDA by 29% to $2.7 billion in 2015, more than doubled its free cash flow to $756 million, and lowered its net debt.
- Looking forward, the company aims to deliver safe and profitable
This investor presentation provides an overview of Newmont Mining Corporation and highlights key points:
1) Newmont has improved its underlying business through cost reductions, growing production from new projects, and divesting non-core assets. All-in sustaining costs have decreased 22% since 2012.
2) The company has strengthened its portfolio through investing in projects like Merian and Long Canyon that have longer mine lives and lower costs than divested assets.
3) Newmont has created shareholder value by outperforming peers in free cash flow generation, with $1.2 billion generated since 2012. This has allowed it to self-fund projects and increase dividends.
- Newmont Mining Corporation reported its Q2 2016 results on July 21, 2016
- The company saw a 7% increase in attributable gold production and an 11% increase in attributable gold sales compared to Q2 2015
- All-in sustaining costs were 4% lower than Q2 2015, and the company lowered its 2016 AISC outlook by $10/oz
- Newmont plans to close the sale of its interest in PT Nusa Tenggara Mining in Q3 2016, which will provide $920M in gross cash proceeds and align the company's portfolio with its strategic goal of focusing on gold
Newmont Mining Corporation reported its Q1 2016 results. Key highlights included:
- Gold production of 1.2 million ounces, up 4% from the prior year quarter.
- AISC of $828 per ounce and 2016 outlook lowered by $20 per ounce.
- Adjusted EBITDA of $803 million on strong operating performance.
- Free cash flow of $227 million while continuing to self-fund profitable growth projects.
The document provides an agenda and overview for a CC&V site tour on September 18, 2016. The tour will include introductions, a safety overview, and stops at the Cripple Creek & Victor site to discuss the overview, exploration/geology, mining operations, mill processing, and future expansion plans. Presenters will discuss how CC&V is meeting acquisition targets through cost improvements and new facilities, and trends show operating results are favorable to guidance. The tour schedule provides times and locations for presentations on CC&V and a lunch discussion on sustainability.
- Newmont Mining Corporation presented at the Goldman Sachs Global Metals & Mining Conference in November 2016
- The presentation outlines Newmont's strategy to improve its underlying business, strengthen its portfolio, and create shareholder value through optimizing costs, organic growth, and portfolio enhancements
- Newmont highlights its track record of reducing costs, extending mine life through reinvestment and divestment, growing production, improving margins, and generating industry-leading returns and free cash flow
This document provides an overview and summary of Newmont Mining Corporation's presentation at the Bank of America Merrill Lynch 2016 Canada Mining Fireside Chat conference on September 1, 2016. Some key points:
- Newmont has improved its underlying business through cost reductions, increased productivity, and higher resource estimates.
- The company has a proven track record of exploration and development successes at its Ahafo, Tanami, and Merian operations, growing reserves and resources significantly since 2003.
- Newmont has also successfully delivered first production at projects like Long Canyon and is on track to do the same at Merian and the Tanami expansion on schedule and on budget.
- The presentation outlines Newmont
Gary Goldberg, President and CEO of Newmont Mining Corporation, presented at the BMO Metals & Mining Conference on February 29, 2016. The presentation included forward-looking statements and cautioned that actual results could differ materially from expectations. It provided an overview of Newmont's strategy to improve the underlying business, strengthen its portfolio, and create shareholder value. Key highlights included ongoing cost and efficiency improvements, a focus on projects with long mine lives and lower costs, and strong financial and operating performance.
Gary Goldberg, President and CEO of Newmont Mining Corporation, presented at the BMO Metals & Mining Conference on February 27, 2017. The presentation included:
1) Cautionary statements regarding the forward-looking nature of estimates and expectations in the presentation.
2) An overview of Newmont's strategy to deliver long-term shareholder value through steady long-term gold production, ongoing cost discipline and capital investment in profitable growth projects.
3) Details on Newmont's consistently strong operational and financial results in recent years, as well as leading safety and sustainability performance.
1) Newmont outlines its strategic goals of improving safety and cost performance, strengthening its portfolio through organic growth and transactions, and creating shareholder value through a strong balance sheet and cash flow.
2) Newmont highlights recent improvements in reducing costs and injuries, generating over $2.8 billion from asset sales since 2013, and its project pipeline adding profitable new production.
3) Newmont is positioned for long-term value creation by maximizing returns from existing assets and extending mine lives through projects like Merian, Long Canyon, and Northwest
Newmont Mining Corporation is selling its 48.5% economic interest in PT Nusa Tenggara Mining for $1.3 billion total consideration. The sale is expected to close in Q3 2016 pending regulatory approvals. Proceeds will be used to repay debt and fund highest margin projects. Post-sale, 92% of Newmont's reserve base will be gold, improving the risk profile of its portfolio. The transaction supports Newmont's strategy of optimizing its portfolio through asset sales.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive functioning. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms.
This document summarizes a site tour of Newmont Mining Corporation's Merian gold mine in Suriname. The tour included introductions of company leadership, an overview of the Merian Project including health and safety practices, commercial production milestones, community investment programs, and plans for optimizing operations and exploring additional opportunities in the region. The mine began commercial production in 2016 and is expected to produce 300,000-375,000 ounces of gold annually over its projected 13+ year mine life.
Gary Goldberg, President and CEO of Newmont Mining Corporation, presented at the Denver Gold Forum on September 16, 2014. The presentation included:
1) Cautionary statements regarding forward-looking statements and underlying assumptions in estimates and expectations.
2) Newmont has industry-leading safety performance and is delivering on commitments by lowering costs and strengthening its portfolio.
3) Newmont is focused on maximizing productivity and efficiency across its global portfolio of operations and projects.
Gary Goldberg, President and CEO of Newmont Mining Corporation, presented at the Denver Gold Forum on September 16, 2014. In his presentation, he highlighted Newmont's industry-leading safety performance and progress in lowering costs and improving production outlook. He also discussed Newmont's strong and diversified portfolio of operating mines and projects, optimized project pipeline, and disciplined capital allocation approach.
The document is a presentation from Newmont Mining Corporation's Chief Financial Officer given at the CIBC 19th Annual Whistler Investor Conference in January 2016. It contains forward-looking statements and discusses Newmont's strategy to create value through improving operations, strengthening its portfolio, and delivering shareholder returns. Key points include Newmont achieving significant cost reductions and productivity increases in recent years, reinvesting proceeds from non-core asset sales into longer-life, lower-cost assets, maintaining a strong balance sheet and industry-leading returns, and being prepared to adapt to different commodity price environments.
Gary Goldberg, President and CEO of Newmont Mining Corporation, presented at the Denver Gold Forum in September 2017. The presentation covered Newmont's strategy of improving its underlying business through superior operational execution, strengthening its global portfolio of long-life assets, and creating value for shareholders by leading the sector in profitability and responsibility. It provided details on Newmont's projects and growth pipeline, industry-leading reserves, and financial flexibility to fund growth and return cash to shareholders.
This document contains the forward-looking statements of Newmont Mining Corporation's Chief Financial Officer Laurie Brlas at the CIBC 19th Annual Whistler Investor Conference in January 2016. The statements caution that forward-looking estimates are based on assumptions that may prove incorrect, including assumptions about geology, mine plans, permits, metal prices, exchange rates, and costs. Brlas outlines Newmont's strategy to improve operations, strengthen its portfolio, and create shareholder value. Newmont has reduced costs, increased productivity and asset value through projects and divestitures while maintaining a strong balance sheet.
This document contains forward-looking statements regarding Newmont Mining Corporation's estimates, expectations, and assumptions around future production, costs, capital expenditures, projects, and financial performance. It cautions that actual results could differ materially from expectations due to risks and assumptions that may not prove to be correct around permitting, development, operations, commodity prices, exchange rates, and other factors. The document outlines Newmont's strategy to improve the underlying business through ongoing cost reductions, strengthen its portfolio through investments in projects like Merian and Long Canyon Phase 1, and create shareholder value through strong free cash flow and returns.
The document is an investor presentation from Newmont Mining Corporation that provides an overview of the company's operations and projects. It summarizes Newmont's track record of improving operational execution and reducing costs. It outlines a portfolio of projects expected to sustain profitable production over the next several years. These include expansions and new mines across North America, Australia, Africa, and South America. The presentation provides production and cost guidance for 2018-2022 and demonstrates Newmont's pipeline of long-term projects beyond the next 5 years.
This document provides an overview of Newmont Mining Corporation's Nevada site tour in September 2017. It begins with a cautionary statement regarding forward-looking statements. The summary then discusses Newmont's strategic focus on improving safety and sustainability performance, strengthening its portfolio through projects like Long Canyon and Twin Creeks, and using its Full Potential program to drive cost improvements across its Nevada operations. An asset management discussion and demonstration of centralized health monitoring follows. The document provides background on regional leadership and concludes with information on site-specific leadership at Long Canyon.
This document provides an overview of Newmont Mining Corporation's Nevada site tour in September 2017. It begins with a cautionary statement regarding forward-looking statements. The summary then discusses Newmont's strategic focus on improving safety and sustainability performance, strengthening its portfolio through projects like Long Canyon and Twin Creeks, and using its Full Potential program to drive cost improvements across its Nevada assets. An asset management discussion and demonstration of centralized health monitoring follows. The document provides background on regional leadership and concludes with information on local site leadership at Long Canyon.
Newmont Mining Corporation reported its Q2 2018 earnings. Some key points:
- Gold production was in line with guidance at 1.2 million ounces. All-in sustaining costs were $1,024 per ounce.
- Safety performance is improving through applying lessons learned from recent accidents.
- Two projects, Twin Underground and Northwest Exodus, were delivered on time and under budget.
- An agreement was reached to evaluate the world-class Galore Creek copper-gold asset through a partnership with Teck.
- Costs and capital expenditures remain on track with full-year guidance.
Newmont Mining Corporation announced the acquisition of Cripple Creek & Victor gold mine from AngloGold Ashanti. The transaction is valued at $820 million and is expected to close in the third quarter of 2015 pending regulatory approval. The acquisition is expected to be value accretive by adding profitable production of 350,000 to 400,000 ounces of gold per year at costs below Newmont's average. There is also potential to improve costs and efficiency at the mine and extend the mine life beyond the current permits which extend to 2026.
This document provides a cautionary statement regarding forward-looking statements made by Newmont Mining Corporation in presentations on November 19-20, 2014. It notes that actual results could differ materially from projected results due to risks and uncertainties. It lists key assumptions underlying projections including commodity prices, exchange rates, regulations, and geological conditions. The statement is intended to satisfy SEC safe harbor rules for forward-looking statements.
This document contains cautionary statements regarding forward-looking statements made by Newmont Mining Corporation during a presentation at the Goldman Sachs Global Metals & Mining Conference on November 19-20, 2014. It warns that actual results could differ materially from projected results due to risks and uncertainties. It also lists key assumptions underlying projections including assumptions about gold and copper prices, currency exchange rates, costs, and permitting and development of projects.
Goldman Sachs Global Metals & Mining ConferenceNewmontMining
This document contains cautionary statements regarding forward-looking statements made by Newmont Mining Corporation during a presentation at the Goldman Sachs Global Metals & Mining Conference on November 19-20, 2014. It warns that actual results could differ materially from projected results due to risks and uncertainties. It also lists key assumptions underlying any projections including assumptions about gold and copper prices, currency exchange rates, costs, and approvals/permits.
The document is an investor presentation from Newmont Mining Corporation dated September 2017. It provides an overview of Newmont's operations, projects, growth opportunities and key metrics. Newmont has a geographically diverse portfolio of gold mines in North America, South America, Africa and Australia. It is investing in profitable growth projects across its portfolio to sustain steady long-term production while maintaining cost and capital discipline. Newmont also has a leading project pipeline and track record of bringing projects into production.
Goldman Sachs Global Metals & Mining ConferenceNewmontMining
Gary Goldberg, CEO of Newmont Mining Corporation, and Laurie Brlas, CFO, presented at the Goldman Sachs Global Metals & Mining Conference on November 19-20, 2014. Newmont is optimizing its global asset portfolio to generate value across commodity price cycles while maintaining industry-leading safety and lowering costs. Newmont strengthened its balance sheet in 2014 through $1.4 billion in asset sales and expects its Merian project in Suriname to offer favorable economics with low capital costs and cash costs.
This document provides a cautionary statement regarding forward-looking statements in an investor presentation by Newmont Mining Corporation. It notes that estimates and expectations in the presentation are based on assumptions that may prove to be incorrect. It also lists potential risks to the forward-looking statements including changes in geotechnical or other conditions, permitting and development issues, political risks, commodity price volatility, and other operational risks. The company does not undertake to publicly revise or update forward-looking statements except as required by law.
This document provides an investor presentation for Newmont Mining Corporation from March 2018. It includes cautionary statements regarding forward-looking statements. The presentation summarizes Newmont's steady trajectory of improved financial and operational performance from 2013 to 2017. It highlights projects in the pipeline expected to sustain profitable production through 2024. The presentation also discusses Newmont's industry-leading reserve base, balanced capital priorities of growth, debt reduction and returning cash to shareholders, and leadership in profitability and responsibility.
- The document is a cautionary statement regarding forward-looking statements from a CIBC investor conference presentation by Laurie Brlas, CFO of Newmont Mining Corporation.
- It outlines the risks and uncertainties inherent in forward-looking estimates and projections, noting that actual results could differ materially from expectations.
- Key assumptions that could affect results include geotechnical, metallurgical and other conditions, as well as commodity prices, exchange rates, approvals and permits, and mineral reserve estimates.
This document provides a summary and outlook from Gary Goldberg, CEO of Newmont Mining Corporation, and Laurie Brlas, CFO, at the Goldman Sachs Global Metals & Mining Conference on November 19-20, 2014. Key points include: Newmont has optimized its portfolio, improved safety performance, and reduced costs year-to-date; the company maintains a strong balance sheet, focuses on disciplined capital allocation, and is positioned to thrive across commodity price cycles. Newmont also discusses projects like Merian which offer favorable economics, and preparedness for ongoing market fluctuations to maintain positive free cash flow.
This document provides an investor presentation for Newmont Mining Corporation from August 2018. It contains forward-looking statements regarding estimates of future production, costs, capital expenditures, and other metrics. It summarizes Newmont's strategy of investing in profitable projects across economic cycles to create long-term value. Examples provided include the Merian mine in Suriname, the Long Canyon expansion in Nevada, and the Tanami expansion in Australia. The presentation also highlights Newmont's industry-leading reserve base and long-term production profile from existing and future projects.
Newmont Mining Corporation held an ESG briefing on May 22, 2018 to discuss their approach to sustainability. The briefing covered Newmont's environmental, social, and governance performance and strategies. Newmont's sustainability efforts are focused on minimizing risks and creating long-term value. Their sustainability framework and robust management systems aim to drive accountability and continuous improvement across their global portfolio.
- The document is a presentation from Gary Goldberg, President and CEO of Newmont Mining Corporation, at the BAML Global Metals & Mining Conference in May 2018.
- It discusses Newmont's strategy of focusing on sustainable value creation through its global portfolio of long-life assets and project pipeline, with improvements including new lower cost mines and profitable expansions.
- Newmont highlights its leading sustainability performance and top quartile total shareholder returns since 2014.
- Newmont Mining Corporation reported its Q1 2018 earnings on April 26, 2018.
- The company reported adjusted EBITDA of $644 million, up 12% from the prior year quarter, and adjusted net income of $0.35 per diluted share.
- Production was in line with guidance at 1.2 million ounces of gold, and AISC was $973 per ounce, also in line with guidance.
This document is an investor presentation from Newmont Mining Corporation given at a BMO Metals & Mining Conference in February 2018. It summarizes Newmont's financial and operating performance in recent years, current projects and growth plans, and strategy for delivering long-term value to shareholders through profitable production, an industry-leading project pipeline, and returning cash to shareholders.
This document is an investor presentation from Newmont Mining Corporation given at a BMO Metals & Mining Conference in February 2018. It summarizes Newmont's financial and operating performance in recent years, current projects and growth plans, and strategy for delivering long-term value to shareholders through profitable production, an industry-leading project pipeline, and returning cash to shareholders.
This document contains the highlights from Newmont Mining Corporation's full year and Q4 2017 earnings report. Some key points:
- Newmont achieved strong operational and financial performance in 2017, with 8% higher gold production of 5.3 million ounces and $1.5 billion in free cash flow, an 88% increase over 2016.
- The company invested in five expansion projects to extend production and replaced mining depletion by adding 6.4 million ounces of gold reserves and 7.9 million ounces of resources.
- Guidance for 2018 forecasts gold production of 4.9-5.4 million ounces at an all-in sustaining cost of $965-1,025 per ounce and total capital spending
This investor presentation provides an overview of Newmont Mining Corporation and its strategy for long-term value creation. Key points include:
- Newmont has a proven strategy of improving operations, strengthening its global portfolio of long-life assets, and delivering superior returns to shareholders.
- The company has significantly reduced costs while increasing production and reserves through operational improvements and profitable expansion projects.
- Newmont has an industry-leading project pipeline expected to provide stable production for over a decade and generate significant free cash flow.
- The company maintains a strong balance sheet, stable production profile, and pays a sustainable dividend, while continuing to invest in growth.
The document summarizes Newmont Mining Corporation's 2017 Investor Day that took place on December 6, 2017. It includes an agenda for the day-long event covering Newmont's business, technical, operational and exploration outlooks. Presentations were given on safety, Newmont's strategy and performance, the gold market outlook, and financial projections. The document provides an overview of Newmont's global portfolio of long-life assets and projects as well as charts on production, cost, capital and reserve metrics through 2022. It emphasizes Newmont's focus on operational excellence, profitable growth from its project pipeline, and leadership in sustainability and value creation.
UnityNet World Environment Day Abraham Project 2024 Press ReleaseLHelferty
June 12, 2024 UnityNet International (#UNI) World Environment Day Abraham Project 2024 Press Release from Markham / Mississauga, Ontario in the, Greater Tkaronto Bioregion, Canada in the North American Great Lakes Watersheds of North America (Turtle Island).
Bienestar Financiero al servicio de su jubilación anticipada
Pago de su 🏡
Estudio de sus hijos
Directamente a tu cuenta bancaria
Con Tesorería Auditoria Jurídica comercial
Administración de carteras
Apalancamiento Financiero
Desarrollo de tu marca personal
Acceso a Desarrollo de varias industrias
Cuentas bancarias
Estructuras Físicas en USA y en América Central
Avalado por Bolcomer
Puesto de Bolsa Comercial
Turismo
Y mucho más
Link de registro
https://business.myinfinity.global/maurod8/
https://therusnetwork.com/
Contacto:
https://goo.su/pzm1fja
2. Newmont Mining Corporation I Investor Presentation I Slide 213 December 2016
Cautionary statement
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 and All-in sustaining costs; (iii) estimates of future capital expenditures; (iv) estimates of future cost reductions and efficiencies; (v) expectations
regarding the development, growth and potential of the Company’s operations, projects and investment, including, without limitation, returns, IRR,
schedule, decision dates, mine life, commercial start, first production, capital average production, average AISC and upside potential; (vi) expectations
regarding future debt repayments and reductions; (vii) expectations regarding future free cash flow generation, liquidity and balance sheet strength; (viii)
estimates of future closure costs and liabilities and expected non-cash impairment changes at Yanacocha; and (ix) expectations of future dividends and
returns to shareholders. 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 operations and projects being consistent with current expectations
and mine plans, including without limitation receipt of export approvals; (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; (vii) the accuracy of our current mineral reserve and mineralized material estimates; and (viii) other
assumptions noted herein. Potential additional risks include other political, regulatory or legal challenges and community and labor issues. The amount of
contingent payment will remain subject to risks and uncertainties, including copper prices and future production and development at Batu Hijau and Elang.
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‖. Other risks relating to forward looking statements
in regard to the Company’s business and future performance may 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 2015 Annual Report on Form 10-K, filed on February 17, 2016, with the Securities and
Exchange Commission (SEC), and the Company’s Form 10-Q for the quarter ended September 30, 2016, filed with the SEC on October 26, 2016, 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 presentation, 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. Investors are
reminded that this presentation should be read in conjunction with Newmont’s Form 10-Q which has been filed on October 26, 2016 with the SEC (also
available at www.newmont.com).
3. Newmont Mining Corporation I Investor Presentation I Slide 313 December 2016
0.65
0.47
0.39
0.32 0.30
0.2
0.3
0.4
0.5
0.6
0.7
2012A 2013A 2014A 2015A 2016 YTD
Sustainability performance supports long-term value
Injury rates (total recordable injuries per 200,000 hours worked)
Down ~54% since 2012
Mining industry leader
for second year running
• Overall sustainability
• Health and safety
• Climate strategy
• Water management
• Corporate citizenship
• Risk and crisis management
• Asset closure management
• Environmental management systems
4. Newmont Mining Corporation I Investor Presentation I Slide 413 December 2016
• Improve the underlying business – first mover in optimizing costs and portfolio
• Strengthen the portfolio – industry-leading organic growth pipeline and track record
• Create shareholder value – outperforming sector in free cash flow and returns
Delivering strategy for long-term value creation
Merian
5. Newmont Mining Corporation I Investor Presentation I Slide 513 December 2016
Continuing to improve performance and portfolio
Cripple Creek & Victor
Improve
the
underlying
business
12% reduction in total injury rates from prior year quarter
$925/oz AISC1
remains within guidance
1.25 Moz of attributable gold production up 3% from prior year quarter
Strengthen
the
portfolio
Merian reached commercial production safely, on time and $150M below budget
Long Canyon commercial production ahead of schedule, 18% below budget
$2.8B in non-core asset sales with completion of PTNNT sale
Create value
for
shareholders
$240M free cash flow2
up 50%; $666M adj EBITDA3
up 30% from prior year quarter
13% reduction in net debt from prior year quarter
Dividend doubled in Q4; 2017 policy higher across the cycle
6. Newmont Mining Corporation I Investor Presentation I Slide 613 December 2016
Maximizing opportunities and managing risks
All regions
• Continued cost and capital discipline; on track to meet FY 2016 guidance
• Building low cost foundation to offset maturing mines – 4 profitable new operations in 3 years
• Evaluating potential impact of percentage depletion on full-year tax expense
North America
• Production towards lower end of guidance as result of 55-65 Koz shortfall from Silverstar slip
South America
• Updated Yanacocha closure studies for long-term water management costs
• Increased Yanacocha liability results in $1.0-1.2B non-cash impairment charge in Q4 2016*
Africa
• Progressing Ahafo mill and Subika underground projects and awaiting permits
Asia Pacific
• Boddington shipment timing defers ~25-35 Koz of sales from Q4 2016 into Q1 2017
Long Canyon
* See Endnote 6 relating to Yanacocha closure study
.
7. Newmont Mining Corporation I Investor Presentation I Slide 713 December 2016
• YTD* gold production of 3.6 Moz – on track to meet guidance of 4.8 – 5.0Moz
• YTD AISC of $910/oz – on track to meet guidance of $870 – $930/oz
• YTD CapEx of $832M – on track to meet guidance of $970 – $1,150M
Improving underlying business and outlook
$1,170
$1,098
$996
$933
$910
2012 2013 2014 2015 2016YTD
Gold all-in sustaining costs ($/oz) – without Batu Hijau
AISC down 22% at
continuing operations
*YTD represents nine months ended 09/30/2016
.
8. Newmont Mining Corporation I Investor Presentation I Slide 813 December 2016
Systems support sustainable improvement
Investment System
disciplined capital allocation
Full Potential
continuous improvement
Compensation
aligned with strategy
Regional Structure
fit for purpose operating model
Technical Fundamentals
industry leading practices
Resource Reliability
orebody model accuracy
9. Newmont Mining Corporation I Investor Presentation I Slide 913 December 2016
AISC down by >$100/oz
Divested Reinvested
Assets
Batu Hijau, Midas,
Jundee, Penmont,
Waihi
Merian, Long Canyon,
CC&V
Costs1 $800–$900/oz Below $700/oz
Production 630Koz/year ~800Koz/year
Mine life Less than ~5 years More than 10 years
Risk
Higher technical and
social risk
Lower technical and
social risk
Mine life doubled
*Production and cost data represent expected weighted average calculation based on 5-year outlook estimates. See Endnote 4.
Growing value by enhancing mine life and margins
10. Newmont Mining Corporation I Investor Presentation I Slide 1013 December 2016
Existing assets
Divested Project pipeline
-
1,000
2,000
3,000
4,000
5,000
2013 2014 2015 2016E 2017E 2018E 2019E 2020E
Projected production profile (Koz)4
• Counter-cycle investment – in profitable organic growth and opportunistic acquisition
• Project execution – consistently favorable to budget and schedule
• Near-mine exploration focus – delivering highest margin ounces
Strengthening the portfolio
Project pipeline projections include approved development projects, Ahafo Mill Expansion and Subika Underground.
11. Newmont Mining Corporation I Investor Presentation I Slide 1113 December 2016
All projects provide more than 15% IRR
Insert picture of CC&V
Merian
AISC/oz and Koz/year represent first 5-year averages except for Long Canyon (LOM average) and CC&V expansion (2016 production) – see Endnotes 1 and 4
Project Capital ($M) Cost (AISC/oz) Gold (Koz/yr) First production
CC&V expansion ~$185 $600 – $650 350 – 400 Koz July 2016
Northwest Exodus $50 – $75 ~$25 lower 50 – 75 Koz August 2016
Merian (75%) ~$525 $650 – $750 300 – 375 Koz October 2016
Long Canyon ~$225 $500 – $600 100 – 150 Koz November 2016
Tanami expansion $100 – $120 $700 – $750 ~ 80 Koz Mid-2017
12. Newmont Mining Corporation I Investor Presentation I Slide 1213 December 2016
Merian delivered on schedule, $150M under budget
• Optimized approach improves returns and risk profile
• Achieved commercial production on schedule and $150M below budget
• Expected to deliver more than a decade of profitable production
First gold pour at Merian
13. Newmont Mining Corporation I Investor Presentation I Slide 1313 December 2016
Long Canyon commercial production November 2016
• Completed two months ahead of schedule and 18% below budget
• Optimized approach improves returns and payback period
• High grade oxide deposit with mineralization open in all directions
Mining at Long Canyon
14. Newmont Mining Corporation I Investor Presentation I Slide 1413 December 2016
Ahafo projects unlock major underground resource
Ahafo Mill Expansion
Production 75 – 100Koz
Capital $140 – $180M
Decision H1 2017
Subika Underground
Production 150 – 200Koz
Capital $150 – $200M
Decision H1 2017
Expected average for first five years of production. See Endnote 4. Expected life of mine average. See Endnote 4.
15. Newmont Mining Corporation I Investor Presentation I Slide 1513 December 2016
Exploration delivers 123 Moz @ $23/oz since 2001
17.4
8.2
8.9
2.8
4.5
1.7
2.1
1.4
2015
2003
2015
2003
2015
2010
2015
2013
Reserves (proven & probable)
Resource (measured & indicated)
Depletion (through 2015)
Recent development trends (Moz)5
Long Canyon +50%
Merian +165%
Tanami +200%
Ahafo +100%
See Endnote 5 for disclosure on Reserves and Resource figures. Merian 2010 reserves are shown on an attributable 75% basis for comparison purposes.
16. Newmont Mining Corporation I Investor Presentation I Slide 1613 December 2016
Superior pipeline spans four regions
17. Newmont Mining Corporation I Investor Presentation I Slide 1713 December 2016
Goldcorp
Average
Barrick
Randgold
AngloGold
Kinross
GoldFields
Newcrest
Agnico
Yamana
Newmont
withoutBatu
Leading free cash flow generation
* 2013 to 2015 – Competitors represent enterprise value weighted averages for Agnico Eagle, Anglogold Ashanti, Barrick, Goldcorp, Gold Fields, Kinross, Newcrest, Randgold and
Yamana; sourced from Thomson Reuters Eikon; enterprise values as of 30 September 2016. See Endnote 4.
Cumulative free cash flow ($M)2
($2.1B)
$0.7B
Goldcorp
$0
Average
18. Newmont Mining Corporation I Investor Presentation I Slide 1813 December 2016
*US real rates based on 10-year TIPS; Source: MacroBond
Real interest rates (%) & gold price ($/oz) Gold ETF holdings (Moz) & gold price ($/oz)
Source: Bloomberg
Investors turning to gold as safe haven
$400
$800
$1,200
$1,600
$2,000
-
25
50
75
100
2012
2013
2014
2015
2016YTD
-1.0%
0.0%
1.0%
2.0%
3.0%
4.0%
2008
2009
2010
2011
2012
2013
2014
2015
2016
10-yr real interest rates Gold price
19. Newmont Mining Corporation I Investor Presentation I Slide 1913 December 2016
Positioned for long-term value creation
Where are we today? Where are we heading?
Safety & sustainability Industry leaders World class performance
Costs AISC down 22% since 2012 Top quartile costs
Portfolio $2.8B in asset sales since 2013* Superior value and risk profile
Production Profitable growth Highest margin ounces
Free cash flow FCF positive 9 of last 10 quarters Self-fund projects and dividends
Returns Maximize risk-adjusted returns Top quartile TSR
Balance sheet $1.6B debt repayments YTD Superior financial flexibility
* Includes proceeds from sale of PTNNT.
21. Newmont Mining Corporation I Investor Presentation I Slide 2113 December 2016
Strategy map drives alignment
2017 Strategy Map
Purpose Our purpose is to create value and improve lives through sustainable and responsible mining
Strategy
• Secure the gold franchise – by running our existing business more efficiently and effectively
• Strengthen the portfolio – by building a longer-life, lower-cost asset portfolio
• Enable the strategy – through capabilities and systems that create competitive advantage
Elements Health & Safety Operational Excellence Growth People
Sustainability &
External Relations
Strategic
Objectives
• Culture of zero harm
• Industry-leading health and
safety performance
• Culture of continuous
improvement
• Cost improvements more than
offset inflation
• Value-accretive growth
• Industry-leading return on capital
employed (ROCE)
• Competitive advantage through
people
• Industry-leading engagement,
leadership and diversity
• Access to land, resources and
approvals
• Reputation conveys competitive
advantage
Drivers
• Safety leadership
• Fatality prevention
• Employee engagement
• Health and wellness
• Business Improvement
• Portfolio optimization
• Technical Foundations
• Projects, exploration and M&A
that improve portfolio value,
longevity, cost and risk profile
• Employee Engagement
• Management Effectiveness
• Global Inclusion and Diversity
• Performance
• Risk management
• Reputation
2017 BP
Objectives
• Eliminate fatalities by
implementing critical controls for
fatal risks
• Link critical controls to employee
Vital Behaviors
• Improve quality of safety
interactions and lessons learned
from significant potential events
• Reduce health exposures by
implementing critical controls for
key risks
• Meet EBITDA targets
• Meet cash sustaining cost per
gold equivalent ounce targets
• Meet gold and copper
production targets
• Achieve planned Full Potential
cost and efficiency
improvements
• Deliver measurable benefits on
OT/IT and cyber security
• Long Canyon Phase 1 and
Tanami expansion on time and
budget
• Begin development of Ahafo Mill
Expansion and Subika
Underground
• Achieve gold Reserves,
Resource and Inventory targets
by the drill bit
• Deliver to agreed targets in
technology & innovation
• Achieve measurable progress
towards targeted global
employee survey action plans
• Progress inclusive environment
and diverse representation to
achieve multi-year objectives
• Increase focus on bench
strength, employee and
manager development
• Broaden workforce
understanding of employee
value proposition and brand
• Implement Phase 2 of the
Integrated Management System
• Measurably improve perceptions
of Newmont’s transparency
performance and stakeholders’
willingness to act as advocates
• Secure permits required to
execute business strategy
• Achieve 2017 public S&ER
targets
• Improve supplier risk
management
Values Safety Integrity Sustainability Inclusion Responsibility
22. Newmont Mining Corporation I Investor Presentation I Slide 2213 December 2016
Base salary
13%
Personal
bonus
6%
Company bonus
14%
Performance
Stock Units 45%
Restricted Stock
Units 22%
Personal
objectives
Two-thirds of
compensation
based on stock
performance
Operating
performance
Say on pay approval of >90% since 2012
Executive compensation tied to shareholder returns
*CEO target compensation
23. Newmont Mining Corporation I Investor Presentation I Slide 2313 December 2016
Incentives plan aligned to strategic objectivesHealth
and
Safety
• Effective critical controls (leading)
• Total injury rates (lagging)
20%
Operational
excellence
• Value creation (EBITDA) 30%
• Efficiency (production costs) 30%
Growth
• Project execution (timing and spend) 10%
• Exploration success (Reserves and Resources) 5%
S&ER
• Access (public targets)
• Reputation (DJSI rating)
5%
TOTAL 100%
24. Newmont Mining Corporation I Investor Presentation I Slide 2413 December 2016
Executive Leadership Team
Gary
Goldberg
President and
CEO
Nancy Buese
EVP and CFO
Elaine
Dorward-King
EVP. S&ER
Randy
Engel
EVP, Strategic
Development
Steve
Gottesfeld
EVP & General
Counsel
Susan
Keefe
VP, Strategic
Relations
Scott
Lawson
EVP and CTO
Bill
MacGowan
EVP Human
Resources
Tom
Palmer
EVP and COO
Broad management experience
Board of Directors
Noreen
Doyle
Chair
Greg
Boyce
Bruce R.
Brook
J. Kofi
Bucknor
Vincent A.
Calarco
Joseph A.
Carrabba
Veronica
Hagen
Jane
Nelson
Julio
Quintana
Top investors (as of 27 October 2016)*
BlackRock
(12.8%)
The Vanguard Group, Inc.
(9.1%)
Van Eck Associates Corp
(5.2%)
State Street Corp
(4.9%)
Carmignac Gestion
(2.5%)
*Top investors sourced from Bloomberg on 27 October 2016
25. Newmont Mining Corporation I Investor Presentation I Slide 2513 December 2016
Improving production and capital outlook
On track to deliver stronger 2016 free cash flow
*Outlook presented excludes Batu Hijau. See Endnote 4
**YTD represents nine months ended 09/30/2016
.
Attributable Production (Moz) Cosolidated gold AISC ($/oz) Consolidated capital
expenditure ($M)
$970 – $1,150
$832 YTD
$910 YTD**
3.6 YTD
$870 – $9304.8 – 5.0
On track to meet full year 2016 guidance*
2016 YTD 2016 guidance
26. Newmont Mining Corporation I Investor Presentation I Slide 2613 December 2016
* YTD represents nine months ended 09/30/2016. ** Enterprise value as of 10/27/2016 pro forma for the sale of Batu Hijau. *** Excludes Batu Hijau.
Operations
Projects
North America
Carlin + NW Exodus
Twin Creeks
Phoenix
Long Canyon
CC&V + expansion
South America
Merian
Yanacocha
Africa
Ahafo
Akyem Australia
Boddington
Kalgoorlie
Tanami + expansion
2016E gold
production***
North America
42%
South America
8%
Africa
17%
Australia
33%
Maximizing returns from existing assets
2016 YTD*
Enterprise value** $23.6B
Total liquidity** >$6.0B
Free cash flow $495M
Adjusted EBITDA $1.7B
Dividend $0.075/sh
27. Newmont Mining Corporation I Investor Presentation I Slide 2713 December 2016
~60
~67 ~71 ~76
~83
$1,000 $1,100 $1,200 $1,300 $1,400
Near mine
Greenfields
North America
Carlin
Twin Creeks
CC&V
Long Canyon
Eastern Great Basin
Mexico
Africa
Ahafo
Akyem
Ethiopia
Australia
Kalgoorlie
Tanami
Mt Isa
2015A gold
reserves*
North America
46%
South America
9%
Africa
18%
Australia
27%
Reserve sensitivity to gold price* (Moz)
Higher grade, near-mine exploration prospects
South America
Merian
Guiana Shield
Yanacocha
Andes
*Excludes Batu Hijau. Assumes USD/AUD rate of $0.80, WTI of $75/bbl and uses risk-adjusted country specific discount rates. See Endnote 5.
28. Newmont Mining Corporation I Investor Presentation I Slide 2813 December 2016
Long Canyon opens prospective new district
• High grade oxide deposit, with trend potential
and mineralization open in all directions
• Optimized to lower capital, improve returns
• Completed ahead of schedule, below budget
Production 100 – 150 Koz
AISC $500 – $600/oz
Capital ~$225M
First production November 2016
Production and AISC calculated as life of mine average
Mining at Long Canyon
29. Newmont Mining Corporation I Investor Presentation I Slide 2913 December 2016
Long Canyon – promising potential
Upside Potential
• 75% of Inventory converted to R&R
• Mineralization over 4.5km strike length is open
Highlights
• East zone discovery (up to 25.6m @ 14.7 g/t Au) identified by Deep Sensing Geochemistry (DSG)
Reserves and Resource (R&R) base
• Reserves: 1.2 Moz (16.3Mt @ 2.3 g/t Au)
• Resource*: 2.2 Moz (22.1Mt @ 3.1 g/t Au)
*For all graphics and mineralization representations please refer to Endnote 5. Resources as used on the page include measured and indicated (0.9Moz) and inferred (1.3Moz) resources.
30. Newmont Mining Corporation I Investor Presentation I Slide 3013 December 2016
Merian completed on schedule, below budget
• Optimized approach, partnership and broad
engagement lower cost and risk
• Completed; ~$150M below initial budget
• First ore grades are favorable to model Production and capital on a 100% basis; production and AISC calculated as
first full five year average
Production 400 – 500 Koz
AISC $650 – $750/oz
Capital ~$700M
First production October 2016
Merian
31. Newmont Mining Corporation I Investor Presentation I Slide 3113 December 2016
Merian – doubled the Reserves & Resource base
Reserves and Resource base (R&R) 100% EOY 2015
• Reserves: 5.1 Moz (133Mt @ 1.2 g/t Au)
• Resource: 2.3 Moz (78Mt @ 0.9 g/t Au)
Upside Potential
• 75% of Inventory converted to R&R
• Extensions and brownfields saprolite, underground
Highlights
• Doubled the Reserves & Resource base over the past 5 years; Reserves and Resource additions in 2016
• Saprolite additions expected from Merian extensions, South Maraba and Merian I district targets
• Confirmed 500m strike length UG potential at Merian II, mineralization remaining open along strike and at depth
*For all graphics and mineralization representations please refer to Endnote 5. Resources as used on the page include measured and indicated (0.8Moz) and inferred (1.5Moz) resources.
32. Newmont Mining Corporation I Investor Presentation I Slide 3213 December 2016
• Option maximizes IRR, cash flow and value
• Expansion improves costs and mine life
• Platform for growth – potential to double
Reserves & Resources at comparable grades
Tanami Expansion adds profitable ounces, mine life
Cripple Creek & Victor
Production To 425 – 475 Koz
AISC/oz $700 – $750
Capital $100 – $120M
First production Mid-2017
Production and AISC calculated as first full five year average for Tanami,
including the expansion
33. Newmont Mining Corporation I Investor Presentation I Slide 3313 December 2016
Highlights
• 0.8Moz Reserves and 0.7Moz Resource additions in 2015
• New Liberator and Federation Discoveries (up to 16m @ 29.4 g/t Au and 6m @ 52 g/t Au)
• Auron (up to 52m @ 9.5 g/t Au); West Auron (up to 22m @ 18.8 g/t Au); Soolin (up to 20m @ 8.6 g/t Au)
Tanami UG – 10Moz growth through new discoveries
Reserves and Resource (R&R) base
• Reserves: 3.5 Moz (18.7Mt @ 5.8 g/t Au)
• Resource*: 2.1 Moz (11.3Mt @ 5.9 g/t Au)
Upside Potential
• 66% of Inventory converted to R&R
• Extensions and repeating structures
*Resources as used on the page include measured and indicated (1.0Moz) and inferred (1.1Moz) resources.
34. Newmont Mining Corporation I Investor Presentation I Slide 3413 December 2016
CC&V adds significant cash flow and upside potential
• Expansion construction complete as of Q3 2016
• First gold at new valley leach facility in Q1
• Completed mill modifications
New valley leach expansion at Cripple Creek & Victor
2016E production 375 – 425 Koz
2016E AISC $600 – $650/oz
Capital ~$185M
Completion Q3 2016
35. Newmont Mining Corporation I Investor Presentation I Slide 3513 December 2016
Northwest Exodus extends Carlin life and access
• Extends mine life by 7 years, produces 700Koz, lowers Carlin AISC by $25/oz
• IRR of >30% at flat $1,200/oz gold price
• Creates platform for future growth in highly prospective Carlin underground
Lantern
Exodus
NW Exodus
36. Newmont Mining Corporation I Investor Presentation I Slide 3613 December 2016
Highlights
• 0.7Moz Reserves and 0.2Moz Resource additions in 2015
• Exodus Footwall discovery (up to 51m @ 12.5 g/t Au); continuity between Exodus and NW Exodus
Reserves and Resource (R&R) base
• Reserves: 0.7 Moz (2.3Mt @ 9.8 g/t Au)
• Resource*: 0.2 Moz (0.7Mt @ 7.1 g/t Au)
Upside Potential
• 50% of Inventory converted to R&R
• Half of +4.0km target drill tested
NW Exodus – growing into major high grade deposit
*Resource as used on the page include measured and indicated (0.1Moz) and inferred (0.1Moz) resources.
37. Newmont Mining Corporation I Investor Presentation I Slide 3713 December 2016
3km Rita K – Pete Bajo mineralized corridor
• 0.3 Moz produced; 0.3 Moz Reserves; 0.4 Moz Resource*
• Only 30% of Inventory converted to R&R; significant percentage still to be drill tested
• Mineralization open in all directions
Developing Carlin’s multimillion-ounce underground
Identifying new trends through
Deep Sensing Geochemistry (DSG)
Increased 2015 Resource by 130%
– improved grade by 16%
*Resources as used on the page include measured and indicated (0.1Moz) and inferred (0.3Moz) resources.
38. Newmont Mining Corporation I Investor Presentation I Slide 3813 December 2016
Fence/Full House
• Reserve of 0.3 Moz (0.9 Mt at 8.9 g/t)
• Resource* of 0.4 Moz (1.5 Mt at 9.3 g/t)
• 10,500m drilling planned for 2016
Fence/Full House
drill intercepts
typically vary in
thickness from 3 to
40 meters with grade
from 5 to 40 grams
per tonne; select
intercepts at Fence
and Full House
shown on far left
Mineralization open in all directions
Rita K drill intercepts
typically vary in
thickness from 5 to
30 meters with grade
from 3 to 30 grams
per tonne; select
intercepts at Rita K
shown on near left
Rita K discovery
• New host discovered
• 100% Inventory; first Resource in 2018
• 850m drill tested, 9,500m drilling planned
for 2016
*Resources as used on the page include measured and indicated (0.1Moz) and inferred (0.3Moz) resources.
39. Newmont Mining Corporation I Investor Presentation I Slide 3913 December 2016
Assessing options to profitably extend Yanacocha
Chaquicocha decline
• Updated closure liability of $1.1-1.2B (100%), to be spent over many decades
• Quecher Main oxides extend life to 2025 with ~200Koz average annual production (100%)
• Prefeasibility studies to further optimize sulfide development (Yanacocha Sulfides)
40. Newmont Mining Corporation I Investor Presentation I Slide 4013 December 2016
Strong Q3 adjusted net income
GAAP to adjusted net income ($/share)
($0.67)
($0.13)
$0.51
$0.04
$1.08
$0.32
$0.03 $0.03
$0.38
$0.13
Net loss
attributable
to NEM
stockholders
Holt property
royalty
obligation
Batu Hijau
operations
Loss on
classification
as held for
sale
Net income
from
continuing
operations
La Quinua
leach pad
revision
Impairments,
restructuring
and other
Adjusted net
income
Batu Hijau
operations
Adjusted net
income
including
Batu Hijau
operations
41. Newmont Mining Corporation I Investor Presentation I Slide 4113 December 2016
$2,363
$2,099
$2,952
$1,327
($832)
($777) ($41)
$59
$853
Cash
(12/31/2015)*
Net cash
provided by
operating
activities*
Capital
expenditures
Debt
repayment
Dividend Other Cash
(09/30/2016)
Net cash
proceeds from
PTNNT sale
Pro forma
cash
Executing capital priorities
Year to date change in ending consolidated cash balance ($M)
* From continuing operations
Cash proceeds from PTNNT
+ $920M Gross cash proceeds
- $45M Deposits received as of 30 Sept
- $22M Distributions to partners & transaction costs
= $853M Net cash proceeds
42. Newmont Mining Corporation I Investor Presentation I Slide 4213 December 2016
Maximizing opportunities throughout the gold cycle
7%
34%
0.0
0.5
1.0
1.5
2.0
2.5
3.0
3.5
4.0
4.5
2014 2015
9 biggest producers outside Newmont Newmont Development Capital
Development Capital Expenditure* ($ billions)
Newmont increased development spending in 2015 while others cut budgets
* Competitor data sourced from Wood Mackenzie
43. Newmont Mining Corporation I Investor Presentation I Slide 4313 December 2016
Enhanced gold price linked dividend
Down 30% since 2012
Dividend increased by ~75% on average
Annualized dividends per share (US$)
*The declaration and payment of dividends remains at the discretion of the Board of Directors
$0.10 $0.15 $0.20
$0.30
$0.40
$0.50
$0.60
$0.85
$1.10
$0.00
$0.25
$0.50
$0.75
$1.00
$1.25
<$1150
$1150-$1199
$1200-$1249
$1250-$1299
$1300-$1349
$1350-$1399
$1400-$1499
$1500-$1599
$1600-$1699
Annualdividend($/shr)
Average quarterly LBMA gold price ($/oz)
Previous policy Revised policy
44. Newmont Mining Corporation I Investor Presentation I Slide 4413 December 2016
Convertibles Other corporate debt
Leading balance sheet
Debt Schedule as of September 30, 2016
Pro forma net debt
reduction*
Since 2013
Pro forma net debt
to EBITDA*
12-month trailing average
Competitor average** Newmont continuing ops
* Pro forma net debt is calculated as total debt less cash and equivalents at 30 September 2016 less cash proceeds from the sale of PTNNT.
** Competitor average represents the enterprise value weighted average for Agnico Eagle, AngloGold Ashanti, Barrick, Goldcorp, Gold Fields, Kinross, Newcrest, and Yamana;
sourced from Thomson Reuters as of 5 November 2016 and represent most recent financial period reported on this date; enterprise value weighted as of 5 November 2016.
2016 Debt Repayments
$274M 5.125% Senior Notes due 2019
$226M 6.25% Senior Notes due 2039
$275M Term Loan due 2019
$330M PTNNT Revolver
$508M 3.5% Senior Notes due 2022
$1.6B Debt Repayments through 30 Nov
Debt tender completed 25 November 2016
1.1x
1.7x
56%
11%
$575M $626M $992M $600M $874M $1.0B
2016 2017 2018 2019 2022 2035 2039 2042
45. Newmont Mining Corporation I Investor Presentation I Slide 4513 December 2016
Disciplined approach to portfolio optimization
De-risk Maintain
Close or divest Improve value
LowValueHigh
High Risk Low
Portfolio approach
46. Newmont Mining Corporation I Investor Presentation I Slide 4613 December 2016
*Other divestments include the sale of equipment at Conga and the sale of McCoy Cove in 2014 and the sale of equity interest in Levon Resources, Hemlo mineral rights and Relief
Canyon mining claims in 2015.
Portfolio optimization nets ~$2.8B cash to date
Cumulative cash generated through asset sales at fair value since 2013 ($M)*
$0
$500
$1,000
$1,500
$2,000
$2,500
$3,000 Canadian
OilSands
Midas
Paladin
(5.4%)
Jundee
Penmont
(44%)
Merian
(25%)
Valcambi
Waihi
Other
Regis
(19.45%)
PTNNT
(48.5%)
47. Newmont Mining Corporation I Investor Presentation I Slide 4713 December 2016
PTNNT sale closed on 2 November 2016
• Aligns with strategic goals; monetizes cash flow
• Total consideration of $1.3B including $403M contingent payments
• $920M gross cash proceeds to Newmont
• Post-close position – 92% of reserve base is gold
5
Batu Hijau
48. Newmont Mining Corporation I Investor Presentation I Slide 4813 December 2016
Labor &
services
45%
Materials
30%
Power
10%
Diesel
10%
Royalties
& other 5%
Conservative plan with upside leverageConservative plan with upside leverage
*All other variables held constant (i.e. FCF for flexed gold price does not include changes to Cu price, AUD or WTI). Economics assume 35% portfolio tax rate. Excludes hedges.
CAS pie chart excludes inventory changes.
2016 CAS breakdown Potential upside includes:
• Further cost and efficiency
improvements
• FX and oil tailwinds
• Projects that are not yet
approved
Annualized 2016
sensitivities
2016 Price Change FCF (US$M)
Attributable FCF
(US$M)
Gold ($/oz) $1,300 +$100 +$335 +$300
Copper ($/lb) $2.00 +$0.25 +$20 +$20
Australian Dollar $0.75 -$0.05 +$60 +$60
Oil ($/bbl) $50 -$10 +$30 +$30
49. Newmont Mining Corporation I Investor Presentation I Slide 4913 December 2016
Prepared for opportunities and challenges
$1,200 gold price
• Optimize costs & capital
• Finish current projects;
progress projects with
best returns
• Pursue high grade,
near-mine exploration
prospects
• Reduce support costs
across business
• Evaluate early debt
repayment
• Pay dividend at Board’s
discretion
Downside
• Reduce stripping and
increase stockpile
processing
• Complete current
projects
• Mothball lowest margin
operations
• Reduce exploration
• Discontinue early debt
repayments
• Re-evaluate dividend
Upside
• Maintain cost and capital
discipline
• Pursue profitable growth
− Highest return
projects
− Most promising
exploration prospects
• Accelerate debt
repayment
• Pay higher dividends in
line with policy
50. Newmont Mining Corporation I Investor Presentation I Slide 5013 December 2016
-
1
2
3
4
5
6
7
8
Switzerland
UAE
HongKong
SaudiArabia
Turkey
Thailand
Germany
Vietnam
China
India
Taiwan
Egypt
USA
Russia
UK
Italy
SouthKorea
Indonesia
Japan
France
Capacity for demand growth in China and India
Consumer gold demand (jewelry, bars and coins); average consumption from 2013 through 2015 (Source: World Gold Council)
Per capita gold consumption (average grams per capita)
• China and India represent ~55% of global consumer gold demand
• Per capita consumption relatively low – economic growth, increasing wealth support demand growth
G7
15%
Middle
East
8%
Other
21%India
25%
China
31%
2015 consumption
51. Newmont Mining Corporation I Investor Presentation I Slide 5113 December 2016
Announced production cutbacks (Kt) Copper market balance (Kt)
• Price and operating challenges expected to reduce 2016 copper production by ~700Kt
• Relatively balanced market conditions expected through 2021
Balanced copper fundamentals
Surplus
Deficit
Source: Incomare Ltda. (March 2016)
Surplus
Deficit
(600)
(400)
(200)
-
200
400
600
2010
2011
2012
2013
2014
2015
2016E
2017E
2018E
2019E
2020E
2021E
0
100
200
300
400
500
600
700
800
2015
2016E
2017E
2018E
2019E
2020E
2021E
Other
Delayed start-up
Low copper price
Operating challenges
52. Newmont Mining Corporation I Investor Presentation I Slide 5213 December 2016
2016 Outlooka
a Outlook projections used in this presentation are considered
“forward-looking statements” and represent management’s good
faith estimates or expectations of future production results as of
October 26, 2016. Outlook is based upon certain assumptions
including, but not limited to, metal prices, oil prices, certain exchange
rates and other assumptions. For example, 2016 Outlook assumes
$1,300/oz Au, $2.00/lb Cu, $0.75 USD/AUD exchange rate and
$50/barrel WTI; AISC and CAS cost estimates do not include
inflation, for the remainder of the year. Production, AISC and capital
estimates exclude any results from Batu Hijau and projects that have
not yet been approved, (Twin Underground, Ahafo Mill Expansion
and Subika Underground). The potential impact on inventory
valuation as a result of lower prices, input costs, and project
decisions are not included as part of this Outlook. Such assumptions
may prove to be incorrect and actual results may differ materially
from those anticipated. See cautionary note on slide 2.
bAll-in sustaining costs as used in the Company’s Outlook is a non-
GAAP metric defined as the sum of cost applicable to sales
(including all direct and indirect costs related to current gold
production incurred to execute on the current mine plan),
remediation costs (including operating accretion and amortization of
asset retirement costs), G&A, exploration expense, advanced
projects and R&D, treatment and refining costs, other expense, net
of one-time adjustments and sustaining capital. See reconciliation
on slide 36.
cIncludes Lone Tree operations.
dIncludes TRJV operations.
eConsolidated production for Yanacocha is presented on a total
production basis for the mine site; attributable production represents
a 51.35% interest.
fBoth consolidated and attributable production are shown on a pro-
rata basis with a 50% ownership for Kalgoorlie.
gProduction outlook does not include equity production from stakes
in TMAC (29.2%) or La Zanja (46.94%).
hConsolidated expense outlook is adjusted to exclude extraordinary
items. For example, the tax rate outlook above is a consolidated
adjusted rate, which assumes the exclusion of certain tax valuation
allowance adjustments. Beginning in 2016, regional general and
administrative expense is included in total general and administrative
expense (G&A) and community development cost is included in
CAS.
Consolidated Expense Outlook
h
General & Administrative $ 225 – $ 275
Interest Expense $ 260 – $ 280
DD&A $ 1,200 – $ 1,275
Exploration and Projects $ 275 – $ 300
Sustaining Capital $ 550 – $ 600
Tax Rate 30% – 34%
Consolidated Attributable Consolidated
Consolidated All-
in Sustaining
Consolidated
Total Capital
Production Production CAS Costsb
Expenditures
(Koz, Kt) (Koz, Kt) ($/oz, $/lb) ($/oz, $/lb) ($M)
North America
Carlin 970 – 1,030 970 – 1,030 $775 – $825 $960 – $990 $150 – $170
Phoenix
c
190 – 210 190 – 210 $775 – $825 $900 – $950 $20 – $30
Twin Creeks
d
410 – 440 410 – 440 $500 – $550 $600 – $650 $25 – $35
CC&V 375 – 425 375 – 425 $500 – $550 $600 – $650 $80 – $90
Long Canyon 10 – 20 10 – 20 $300 – $350 $350 – $400 $100 – $120
Other North America $5 – $15
Total 1,970 – 2,130 1,970 – 2,130 $670 – $720 $800 – $875 $375 – $425
South America
Yanacocha
e
630 – 660 310 – 350 $820 – $870 $1,100 – $1,170 $70 – $90
Merian 90 – 110 70 – 80 $430 – $460 $475 – $525 $210 – $250
Total 720 – 770 380 – 430 $760 – $810 $1,050 – $1,150 $280 – $340
Asia Pacific
Boddington 750 – 800 750 – 800 $660 – $700 $750 – $800 $60 – $70
Tanami 400 – 475 400 – 475 $500 – $550 $750 – $800 $150 – $160
Kalgoorlie
f
350 – 400 350 – 400 $650 – $700 $725 – $775 $10 – $20
Other Asia Pacific $5 – $15
Total 1,500 – 1,675 1,500 – 1,675 $600 – $650 $760 – $820 $225 – $265
Africa
Ahafo 330 – 360 330 – 360 $820 – $860 $1,025 – $1,090 $60 – $80
Akyem 440 – 470 440 – 470 $490 – $530 $575 – $625 $20 – $25
Total 770 – 830 770 – 830 $625 – $675 $780 – $830 $80 – $105
Corporate/Other $10 – $15
Total Gold
g
5,100 – 5,350 4,800 – 5,000 $640 – $690 $870 – $930 $970 – $1,150
Phoenix 15 – 25 15 – 25 $2.50 – $2.70 $3.00 – $3.20
Boddington 25 – 35 25 – 35 $1.60 – $1.80 $1.95 – $2.15
Total Copper 40 – 60 40 – 60 $1.90 – $2.10 $2.30 – $2.50
53. Newmont Mining Corporation I Investor Presentation I Slide 5313 December 2016
Free cash flow
Management uses Free Cash Flow as a non-GAAP measure to analyze cash flows generated from operations. Free Cash
Flow is Net cash provided by operating activities plus Net cash used in operating activities of discontinued operations less
Additions to property, plant and mine development as presented on the Condensed Consolidated Statements of Cash
Flow. The Company believes Free Cash Flow is also useful as one of the bases for comparing the Company’s
performance with its competitors. Although Free Cash Flow and similar measures are frequently used as measures of
cash flows generated from operations by other companies, the Company’s calculation of Free Cash Flow is not
necessarily comparable to such other similarly titled captions of other companies. The presentation of non-GAAP Free
Cash Flow is not meant to be considered in isolation or as an alternative to net income as an indicator of the Company’s
performance, or as an alternative to cash flows from operating activities as a measure of liquidity as those terms are
defined by GAAP, and does not necessarily indicate whether cash flows will be sufficient to fund cash needs. The
Company’s definition of Free Cash Flow is limited in that it does not represent residual cash flows available for
discretionary expenditures due to the fact that the measure does not deduct the payments required for debt service and
other contractual obligations or payments made for business acquisitions. Therefore, the Company believes it is important
to view Free Cash Flow as a measure that provides supplemental information to the Company’s Condensed Consolidated
Statements of Cash Flow. The following table sets forth a reconciliation of Free Cash Flow, a non-GAAP financial
measure, to Net cash provided by operating activities, which the Company believes to be the GAAP financial measure
most directly comparable to Free Cash Flow, as well as information regarding Net cash used in investing activities and Net
cash (used in) provided by financing activities.
(1) Net cash used in investing activities includes Additions to property, plant and mine development, which is
included in the Company’s computation of Free Cash Flow.
Three Months Ended Nine Months Ended
September 30, September 30,
2016 2015 2016 2015
Net cash provided by operating activities $ 857 $ 810 $ 2,153 $ 1,873
Plus: Net cash provided by operating activities of discontinued operations (348) (335) (826) (569)
Net cash provided by operating activities of continuing operations 509 475 1,327 1,304
Less: Additions to property, plant and mine development (269) (316) (832) (889)
Free Cash Flow $ 240 $ 159 $ 495 $ 415
Net cash used in investing activities
(1)
$ (297) $ (1,113) $ (702) $ (1,652)
Net cash (used in) provided by financing activities $ (467) $ (37) $ (1,245) $ 361
54. Newmont Mining Corporation I Investor Presentation I Slide 5413 December 2016
Free cash flow
Cumulative free cash flow; 2013 to 2015
Three Months Ended
12/31/2015 12/31/2014 12/31/2013
Net cash provided by operating activities $ 2,145 $ 1,438 $ 1,543
Less: Net cash used in discontinued operations 12 13 18
Net cash provided by continuing operations 2,157 1,451 1,561
Less: Additions to property, plant and mine development (1,401) (1,110) (1,900)
Free Cash Flow 756 341 (339)
Less: Batu Hijau Free Cash Flow 504 (41) (384)
Free Cash Flow adjusted for Batu Hijau $ 252 $ 382 $ 45
Cumulative free cash flow (2013 to 2015) $ 679
55. Newmont Mining Corporation I Investor Presentation I Slide 5513 December 2016
EBITDA and Adjusted EBITDA
Management uses Earnings before interest, taxes and depreciation and amortization (―EBITDA‖) and EBITDA adjusted for non-core or certain
items that have a disproportionate impact on our results for a particular period (―Adjusted EBITDA‖) as non-GAAP measures to evaluate the
Company’s operating performance. EBITDA and Adjusted EBITDA do not represent, and should not be considered an alternative to, net earnings
(loss), operating earnings (loss), or cash flow from operations as those terms are defined by GAAP, and does not necessarily indicate whether
cash flows will be sufficient to fund cash needs. Although Adjusted EBITDA and similar measures are frequently used as measures of operations
and the ability to meet debt service requirements by other companies, our calculation of Adjusted EBITDA is not necessarily comparable to such
other similarly titled captions of other companies. The Company believes that Adjusted EBITDA provides useful information to investors and others
in understanding and evaluating our operating results in the same manner as our management and board of directors. Management’s
determination of the components of Adjusted EBITDA are evaluated periodically and based, in part, on a review of non-GAAP financial measures
used by mining industry analysts. Net income (loss) attributable to Newmont stockholders is reconciled to EBITDA and Adjusted EBITDA as
follows:
(1) Loss (income) from discontinued operations relates to (i) adjustments in
our Holt property royalty, presented net of tax expense (benefit) of $(9), $7,
$(32) and $15, respectively, (ii) the operations of Batu Hijau, presented net
of tax expense (benefit) of $90, $90, $258 and $194, respectively, and (iii)
the loss on classification as held for sale, which has been recorded on an
attributable basis. For additional information regarding our discontinued
operations, see Note 3 to our Condensed Consolidated Financial
Statements.
(2) Impairment of investments, included in Other income, net, represents
other-than-temporary impairments on equity and cost method investments
and does not relate to our core operations.
(3) Impairment of long-lived assets, included in Other expense, net,
represents non-cash write-downs that do no impact our core operations.
(4) Restructuring and other, included in Other expense, net, represents
certain costs associated with the Full Potential initiative announced in 2013,
accrued legal costs in our Africa region during 2016 as well as system
integration costs related to our acquisition of CC&V.
(5) Acquisition costs, included in Other expense, net represents adjustments
made in 2016 to the contingent consideration liability from the acquisition of
Boddington, and costs associated with the acquisition of CC&V in 2015.
(6) Gain on deconsolidation of TMAC, included in Other income, net,
resulted from the determination that TMAC should no longer be considered
a variable interest entity during the third quarter of 2015.
(7) Loss on debt repayment, included in Other income, net, represents the
impact of the debt tender offer on our 2019 Notes and 2039 Notes during
the first quarter of 2016 and our Term Loan paydown in the third quarter of
2016.
(8) La Quinua leach pad revision, included in Costs applicable to sales,
represents a significant write off of the estimated recoverable ounces in our
South America segment during the third quarter of 2016.
(9) Loss (gain) on asset and investment sales, included in Other income,
net, primarily represents the sale of our holdings in Regis Resources Ltd. in
the first quarter of 2016, income recorded in the third quarter of 2016
associated with contingent consideration from the sale of certain properties
in our North America segment during 2015, land sales of Hemlo mineral
rights in Canada and the Relief Canyon mine in Nevada during the first
quarter of 2015 and a gain related to the sale of our holdings in EGR in the
third quarter of 2015.
Three Months Ended Nine Months Ended
September 30, September 30,
2016 2015 2016 2015
Net income (loss) attributable to Newmont stockholders $ (358) $ 219 $ (283) $ 474
Net income (loss) attributable to noncontrolling interests, net of tax
Continuing operations (34) — (62) 11
Batu Hijau operations 79 66 229 177
45 66 167 188
Loss (income) from discontinued operations, net of tax
(1)
Holt property royalty obligation 19 (17) 72 (34)
Batu Hijau operations (148) (109) (424) (342)
Loss on classification as held for sale 577 — 577 —
448 (126) 225 (376)
Equity loss (income) of affiliates (2) 18 8 34
Income and mining tax expense (benefit) 90 61 555 302
Depreciation and amortization 335 292 892 792
Interest expense, net 64 74 204 226
EBITDA $ 622 $ 604 $ 1,768 $ 1,640
Adjustments:
Impairment of investments
(2)
$ — $ 29 $ — $ 102
Impairment of long-lived assets
(3)
— 3 4 6
Restructuring and other
(4)
7 12 26 26
Acquisition costs
(5)
9 7 11 15
Gain on deconsolidation of TMAC
(6)
— (76) — (76)
Loss on debt repayment
(7)
1 — 4 —
La Quinua leach pad revision
(8)
32 — 32 —
Loss (gain) on asset and investment sales
(9)
(5) (66) (109) (109)
Adjusted EBITDA $ 666 $ 513 $ 1,736 $ 1,604
56. Newmont Mining Corporation I Investor Presentation I Slide 5613 December 2016
Newmont has worked to develop a metric that expands on GAAP measures such as cost of goods sold and non-GAAP measures, such as Costs applicable to sales per ounce, to provide visibility into the economics of
our mining operations related to expenditures, operating performance and the ability to generate cash flow from our continuing operations.
Current GAAP-measures used in the mining industry, such as cost of goods sold, do not capture all of the expenditures incurred to discover, develop, and sustain gold production. Therefore, we believe that all-in
sustaining costs is a non-GAAP measure that provides additional information to management, investors, and analysts that aid in the understanding of the economics of our operations and performance compared to other
producers and in the investor’s visibility by better defining the total costs associated with production.
All-in sustaining cost (―AISC‖) amounts are intended to provide additional information only and do not have any standardized meaning prescribed by GAAP and should not be considered in isolation or as a substitute for
measures of performance prepared in accordance with GAAP. The measures are not necessarily indicative of operating profit or cash flow from operations as determined under GAAP. Other companies may calculate
these measures differently as a result of differences in the underlying accounting principles, policies applied and in accounting frameworks such as in International Financial Reporting Standards (―IFRS‖), or by reflecting
the benefit from selling non-gold metals as a reduction to AISC. Differences may also arise related to definitional differences of sustaining versus development capital activities based upon each company’s internal
policies.
The following disclosure provides information regarding the adjustments made in determining the all-in sustaining costs measure:
Costs Applicable to Sales - Includes all direct and indirect costs related to current gold production incurred to execute the current mine plan. We exclude certain exceptional or unusual amounts from Costs applicable to
sales (―CAS‖), such as significant revisions to recovery amounts. CAS includes by-product credits from certain metals obtained during the process of extracting and processing the primary ore-body. CAS is accounted for
on an accrual basis and excludes Depreciation and amortization and Reclamation and remediation, which is consistent with our presentation of CAS on the Condensed Consolidated Statements of Operations. In
determining AISC, only the CAS associated with producing and selling an ounce of gold is included in the measure. Therefore, the amount of gold CAS included in AISC is derived from the CAS presented in the
Company’s Condensed Consolidated Statements of Operations less the amount of CAS attributable to the production of copper at our Phoenix and Boddington mines. The copper CAS at those mine sites is disclosed in
Note 5 to the Condensed Consolidated Financial Statements. The allocation of CAS between gold and copper at the Phoenix and Boddington mines is based upon the relative sales value of copper and gold produced
during the period.
Reclamation Costs - Includes accretion expense related to Asset Retirement Obligation (―ARO‖) and the amortization of the related Asset Retirement Cost (―ARC‖) for the Company’s operating properties. Accretion
related to the ARO and the amortization of the ARC assets for reclamation does not reflect annual cash outflows but are calculated in accordance with GAAP. The accretion and amortization reflect the periodic costs of
reclamation associated with current gold production and are therefore included in the measure. The allocation of these costs to gold and copper is determined using the same allocation used in the allocation of CAS
between gold and copper at the Phoenix and Boddington mines.
Advanced Projects and Exploration - Includes incurred expenses related to projects that are designed to increase or enhance current gold production and gold exploration. We note that as current resources are depleted,
exploration and advanced projects are necessary for us to replace the depleting reserves or enhance the recovery and processing of the current reserves. As this relates to sustaining our gold production, and is
considered a continuing cost of a mining company, these costs are included in the AISC measure. These costs are derived from the Advanced projects, research and development and Exploration amounts presented in
the Condensed Consolidated Statements of Operations less the amount attributable to the production of copper at our Phoenix and Boddington mines. The allocation of these costs to gold and copper is determined using
the same allocation used in the allocation of CAS between gold and copper at the Phoenix and Boddington mines.
General and Administrative - Includes costs related to administrative tasks not directly related to current gold production, but rather related to supporting our corporate structure and fulfilling our obligations to operate as a
public company. Including these expenses in the AISC metric provides visibility of the impact that general and administrative activities have on current operations and profitability on a per ounce basis.
Other expense, net - Includes administrative costs to support current gold production. We exclude certain exceptional or unusual expenses from Other expense, net, such as restructuring, as these are not indicative to
sustaining our current gold operations. Furthermore, this adjustment to Other expense, net is also consistent with the nature of the adjustments made to Net income (loss) attributable to Newmont stockholders as
disclosed in the Company’s non-GAAP financial measure Adjusted net income (loss). The allocation of these costs to gold and copper is determined using the same allocation used in the allocation of CAS between gold
and copper at the Phoenix and Boddington mines.
Treatment and Refining Costs - Includes costs paid to smelters for treatment and refining of our concentrates to produce the salable metal. These costs are presented net as a reduction of Sales.
Sustaining Capital - We determined sustaining capital as those capital expenditures that are necessary to maintain current gold production and execute the current mine plan. Capital expenditures to develop new
operations, or related to projects at existing operations where these projects will enhance gold production or reserves, are considered development. We determined the classification of sustaining and development capital
projects based on a systematic review of our project portfolio in light of the nature of each project. Sustaining capital costs are relevant to the AISC metric as these are needed to maintain the Company’s current gold
operations and provide improved transparency related to our ability to finance these expenditures from current operations. The allocation of these costs to gold and copper is determined using the same allocation used in
the allocation of CAS between gold and copper at the Phoenix and Boddington mines.
All-in sustaining costs
57. Newmont Mining Corporation I Investor Presentation I Slide 5713 December 2016
(1) Excludes Depreciation and
amortization and Reclamation and
remediation.
(2) Includes by-product credits of $13.
(3) Includes stockpile and leach pad
inventory adjustments of $8 at Carlin,
$1 at Twin Creeks, $17 at Yanacocha
and $34 at Ahafo. Total stockpile and
leach pad inventory adjustments at
Yanacocha of $49 were adjusted
above by $32 related to a significant
write off of recoverable ounces at the
La Quinua Leach Pad.
(4) Reclamation costs include
operating accretion of $19 and
amortization of asset retirement costs
of $9.
(5) Other expense, net is adjusted for
restructuring and other costs of $7 and
acquisition costs of $9.
(6) Excludes development capital
expenditures, capitalized interest and
the increase in accrued capital of $122.
The following are major development
projects: Merian, Long Canyon, and
the CC&V and the Tanami expansion.
.
All-in sustaining costs
Advanced Treatment All-In
Costs Projects General Other and All-In Ounces Sustaining
Three Months Ended Applicable Reclamation and and Expense, Refining Sustaining Sustaining (000)/Pounds Costs per
September 30, 2016 to Sales (1)(2)(3)
Costs (4)
Exploration Administrative Net (5)
Costs Capital (6)
Costs (millions) Sold oz/lb
Gold
Carlin $ 212 $ 2 $ 7 $ 1 $ — $ — $ 36 $ 258 272 $ 949
Phoenix 30 1 — — — 2 3 36 47 766
Twin Creeks 52 — 2 1 — — 8 63 96 656
Long Canyon — — 4 — — — — 4 — —
CC&V 65 1 3 — — — 4 73 113 646
Other North America — — 3 1 1 — — 5 — —
North America 359 4 19 3 1 2 51 439 528 831
Yanacocha 116 15 6 2 — — 27 166 146 1,137
Merian — — 7 — — — — 7 — —
Other South America — — 8 2 — — — 10 — —
South America 116 15 21 4 — — 27 183 146 1,253
Boddington 139 1 — — — 6 13 159 220 723
Tanami 57 1 4 — — — 24 86 112 768
Kalgoorlie 57 1 1 — — 1 5 65 91 714
Other Asia Pacific — — 2 4 1 — 1 8 — —
Asia Pacific 253 3 7 4 1 7 43 318 423 752
Ahafo 95 2 8 — 1 — 13 119 86 1,384
Akyem 63 2 4 — 1 — 5 75 117 641
Other Africa — — 1 2 — — — 3 — —
Africa 158 4 13 2 2 — 18 197 203 970
Corporate and Other — — 13 50 1 — 1 65 — —
Total Gold $ 886 $ 26 $ 73 $ 63 $ 5 $ 9 $ 140 $ 1,202 1,300 $ 925
Copper
Phoenix $ 32 $ 1 $ — $ — $ — $ — $ 4 $ 37 9 $ 4.11
Boddington 33 1 — — — 3 3 40 21 1.90
Total Copper $ 65 $ 2 $ — $ — $ — $ 3 $ 7 $ 77 30 $ 2.57
Consolidated $ 951 $ 28 $ 73 $ 63 $ 5 $ 12 $ 147 $ 1,279
58. Newmont Mining Corporation I Investor Presentation I Slide 5813 December 2016
All-in sustaining costs
(1) Excludes Depreciation and
amortization and Reclamation and
remediation.
(2) Includes by-product credits of
$12.
(3) Includes stockpile and leach pad
inventory adjustments of $35 at
Carlin, $20 at Yanacocha and $7 at
Twin Creeks.
(4) Reclamation costs include
operating accretion of $19 and
amortization of asset retirement costs
of $20.
(5) Other expense, net is adjusted for
restructuring and other costs of $12,
acquisition costs of $7 and write-
downs of $3.
(6) Excludes development capital
expenditures, capitalized interest and
the increase in accrued capital of
$170. The following are major
development projects: Merian, Turf
Vent Shaft, Long Canyon, and the
CC&V expansion project.
(7) On October 29, 2015, the
Company sold the Waihi mine.
Advanced Treatment All-In
Costs Projects General Other and All-In Ounces Sustaining
Three Months Ended Applicable Reclamation and and Expense, Refining Sustaining Sustaining (000)/Pounds Costs per
September 30, 2015 to Sales (1)(2)(3)
Costs (4)
Exploration Administrative Net (5)
Costs Capital (6)
Costs (millions) Sold oz/lb
Gold
Carlin $ 208 $ 1 $ 5 $ 2 $ — $ — $ 49 $ 265 231 $ 1,147
Phoenix 48 1 — 1 — 3 3 56 59 949
Twin Creeks 67 2 2 — — — 7 78 119 655
Long Canyon — — 7 — — — — 7 — —
CC&V 10 1 1 — — — 1 13 33 394
Other North America — — — 1 2 — — 3 — —
North America 333 5 15 4 2 3 60 422 442 955
Yanacocha 160 24 9 4 1 — 25 223 257 868
Merian — — 3 — — — — 3 — —
Other South America — — 10 — — — — 10 — —
South America 160 24 22 4 1 — 25 236 257 918
Boddington 131 2 — — — 5 10 148 208 712
Tanami 55 — 2 — — — 18 75 126 595
Waihi (7)
12 1 1 — — — 1 15 29 517
Kalgoorlie 68 2 1 — — 1 3 75 86 872
Other Asia Pacific — — 1 6 — — 1 8 — —
Asia Pacific 266 5 5 6 — 6 33 321 449 715
Ahafo 52 1 5 — — — 11 69 79 873
Akyem 54 3 2 — — — 11 70 116 603
Other Africa — — — 2 — — — 2 — —
Africa 106 4 7 2 — — 22 141 195 723
Corporate and Other — — 15 43 2 — 1 61 — —
Total Gold $ 865 $ 38 $ 64 $ 59 $ 5 $ 9 $ 141 $ 1,181 1,343 $ 879
Copper
Phoenix $ 27 $ 1 $ 1 $ — $ — $ 3 $ 2 $ 34 14 $ 2.43
Boddington 33 — — — — 3 3 39 19 2.05
Total Copper $ 60 $ 1 $ 1 $ — $ — $ 6 $ 5 $ 73 33 $ 2.21
Consolidated $ 925 $ 39 $ 65 $ 59 $ 5 $ 15 $ 146 $ 1,254
59. Newmont Mining Corporation I Investor Presentation I Slide 5913 December 2016
All-in sustaining costs
(1) Excludes Depreciation and
amortization and Reclamation and
remediation.
(2) Includes by-product credits of $35.
(3) Includes stockpile and leach pad
inventory adjustments of $51 at
Carlin, $11 at Twin Creeks, $71 at
Yanacocha and $34 at Ahafo. Total
stockpile and leach pad inventory
adjustments at Yanacocha of $103
were adjusted above by $32 related to
a significant write off of recoverable
ounces at the La Quinua Leach Pad.
(4) Reclamation costs include
operating accretion of $57 and
amortization of asset retirement costs
of $21.
(5) Other expense, net is adjusted for
restructuring and other costs of $26,
acquisition costs of $11 and write-
downs of $4.
(6) Excludes development capital
expenditures, capitalized interest and
the increase in accrued capital of
$436. The following are major
development projects: Merian, Long
Canyon, and the CC&V and the
Tanami expansion.
Advanced Treatment All-In
Costs Projects General Other and All-In Ounces Sustaining
Nine Months Ended Applicable Reclamation and and Expense, Refining Sustaining Sustaining (000)/Pounds Costs per
September 30, 2016 to Sales (1)(2)(3)
Costs (4)
Exploration Administrative Net (5)
Costs Capital (6)
Costs (millions) Sold oz/lb
Gold
Carlin $ 585 $ 4 $ 14 $ 4 $ — $ — $ 106 $ 713 683 $ 1,044
Phoenix 118 3 1 1 — 7 8 138 150 920
Twin Creeks 170 2 6 1 — — 26 205 347 591
Long Canyon — — 17 — — — — 17 — —
CC&V 156 3 7 1 — — 6 173 283 611
Other North America — — 9 1 3 — 3 16 — —
North America 1,029 12 54 8 3 7 149 1,262 1,463 863
Yanacocha 364 43 26 7 2 — 66 508 479 1,061
Merian — — 21 — — — — 21 — —
Other South America — — 24 4 — — — 28 — —
South America 364 43 71 11 2 — 66 557 479 1,163
Boddington 391 4 — — — 16 32 443 581 762
Tanami 180 2 10 — — — 58 250 357 700
Kalgoorlie 189 3 4 — — 4 13 213 275 775
Other Asia Pacific — — 5 12 4 — 2 23 — —
Asia Pacific 760 9 19 12 4 20 105 929 1,213 766
Ahafo 212 5 20 — 1 — 39 277 264 1,049
Akyem 174 6 8 — 1 — 17 206 347 594
Other Africa — — 2 4 — — — 6 — —
Africa 386 11 30 4 2 — 56 489 611 800
Corporate and Other — — 38 143 2 — 6 189 — —
Total Gold $ 2,539 $ 75 $ 212 $ 178 $ 13 $ 27 $ 382 $ 3,426 3,766 $ 910
Copper
Phoenix $ 76 $ 2 $ — $ — $ — $ 2 $ 7 $ 87 30 $ 2.90
Boddington 89 1 — — — 9 7 106 54 1.96
Total Copper $ 165 $ 3 $ — $ — $ — $ 11 $ 14 $ 193 84 $ 2.30
Consolidated $ 2,704 $ 78 $ 212 $ 178 $ 13 $ 38 $ 396 $ 3,619
60. Newmont Mining Corporation I Investor Presentation I Slide 6013 December 2016
All-in sustaining costs
(1) Excludes Depreciation and
amortization and Reclamation and
remediation.
(2) Includes by-product credits of $36.
(3) Includes stockpile and leach pad
inventory adjustments of $86 at
Carlin, $42 at Yanacocha, $19 at
Boddington and $12 at Twin Creeks.
(4) Reclamation costs include
operating accretion of $55 and
amortization of asset retirement costs
of $58.
(5) Other expense, net is adjusted for
restructuring and other costs of $26,
acquisition costs of $15 and write-
downs of $6.
(6) Excludes development capital
expenditures, capitalized interest and
the increase in accrued capital of
$455. The following are major
development projects: Merian, Turf
Vent Shaft, Long Canyon, and the
CC&V expansion project.
(7) On October 29, 2015, the
Company sold the Waihi mine.
Advanced Treatment All-In
Costs Projects General Other and All-In Ounces Sustaining
Nine Months Ended Applicable Reclamation and and Expense, Refining Sustaining Sustaining (000)/Pounds Costs per
September 30, 2015 to Sales (1)(2)(3)
Costs (4)
Exploration Administrative Net (5)
Costs Capital (6)
Costs (millions) Sold oz/lb
Gold
Carlin $ 573 $ 3 $ 12 $ 6 $ — $ — $ 124 $ 718 662 $ 1,085
Phoenix 121 4 2 2 — 6 12 147 154 955
Twin Creeks 190 3 7 2 — — 37 239 366 653
Long Canyon — — 13 — — — — 13 — —
CC&V 10 1 1 — — — 1 13 33 394
Other North America — — 6 — 5 — 3 14 — —
North America 894 11 41 10 5 6 177 1,144 1,215 942
Yanacocha 405 73 22 14 2 — 59 575 707 813
Merian — — 8 — — — — 8 — —
Other South America — — 32 1 — — — 33 — —
South America 405 73 62 15 2 — 59 616 707 871
Boddington 411 7 1 — — 17 34 470 585 803
Tanami 172 2 5 — — — 55 234 341 686
Waihi
(7)
49 2 3 — — — 2 56 103 544
Kalgoorlie 206 5 2 — — 3 14 230 233 987
Other Asia Pacific — — 3 11 8 — 3 25 — —
Asia Pacific 838 16 14 11 8 20 108 1,015 1,262 804
Ahafo 151 5 16 — 1 — 40 213 251 849
Akyem 151 5 6 — 1 — 30 193 352 548
Other Africa — — 2 7 — — — 9 — —
Africa 302 10 24 7 2 — 70 415 603 688
Corporate and Other — — 60 136 9 — 5 210 — —
Total Gold $ 2,439 $ 110 $ 201 $ 179 $ 26 $ 26 $ 419 $ 3,400 3,787 $ 898
Copper
Phoenix $ 69 $ 2 $ 1 $ 1 $ — $ 2 $ 7 $ 82 36 $ 2.28
Boddington 101 1 — — — 10 8 120 57 2.11
Total Copper $ 170 $ 3 $ 1 $ 1 $ — $ 12 $ 15 $ 202 93 $ 2.17
Consolidated $ 2,609 $ 113 $ 202 $ 180 $ 26 $ 38 $ 434 $ 3,602
61. Newmont Mining Corporation I Investor Presentation I Slide 6113 December 2016
All-in sustaining costs – 2016 outlook
(1) Excludes Depreciation and amortization and
Reclamation and remediation.
(2) Includes stockpile and leach pad inventory
adjustments.
(3) Remediation costs include operating accretion
and amortization of asset retirement costs.
(4) Excludes development capital expenditures,
capitalized interest and increase in accrued capital.
2016 Outlook - Gold Outlook range
Low High
Costs Applicable to Sales
1,2
$ 3,275 $ 3,540
Reclamation Costs
3
90 110
Advanced Projects and Exploration 275 300
General and Administrative 225 275
Other Expense 10 25
Treatment and Refining Costs 25 50
Sustaining Capital
4
550 600
All-in Sustaining Costs $ 4,525 $ 4,840
Ounces (000) Sold 5,100 5,350
All-in Sustaining Costs per oz $ 870 $ 930
Similar to the historical AISC amounts presented above, AISC outlook is also a non-GAAP financial
measure. A reconciliation of the 2016 Gold AISC outlook range to the 2016 CAS outlook range is
provided below. The estimates in the table below are considered ―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. See the Cautionary Statement on slide 2 for additional
information.
62. Newmont Mining Corporation I Investor Presentation I Slide 6213 December 2016
Endnotes
Investors are encouraged to read the information contained in this presentation in conjunction with the following notes, the Cautionary Statement on slide 2 and the factors described under the “Risk Factors”
section of the Company’s Form 10-K, filed with the SEC on February 17, 2016, Form 10-Q filed with the SEC on October 26, 2016, and disclosure in the Company’s other recent SEC filings.
1. Historical AISC or All-in sustaining cost is a non-GAAP metric. See slides 55 to 60 for more information and a reconciliation to the nearest GAAP metric. All-in sustaining cost (―AISC‖) as used in the
Company’s Outlook is a non-GAAP metric defined as the sum of cost applicable to sales (including all direct and indirect costs related to current gold production incurred to execute on the current mine
plan), remediation costs (including operating accretion and amortization of asset retirement costs), G&A, exploration expense, advanced projects and R&D, treatment and refining costs, other expense, net
of one-time adjustments and sustaining capital. See also note 6 below.
2. Free cash flow is a non-GAAP metric and is generated from Net cash provided from continuing operations less Additions to property, plant and mine development. See slide 52-53 for more information and
for a reconciliation to the nearest GAAP metric. Newmont’s Free Cash Flow Per Share is calculated using company disclosures and competitors’ Free Cash Flow Per Share is calculated using Cash From
Operations less Capital Expenditures as sourced from Thomson Reuters.
3. EBITDA is a non-GAAP financial measure calculated as Earnings before interest, taxes and depreciation and amortization. The EBITDA figures for competitors used in this presentation were calculated by
Thomson Reuters. For management’s EBITDA calculations and reconciliation to the nearest GAAP metric, please see slide 54 for more information. Adjusted EBITDA is also a non-GAAP metric. Please
refer also to slide 28 for a reconciliation of Adjusted EBITDA to the nearest GAAP metric.
4. Outlook projections used in this presentation are considered forward-looking statements and represent management’s good faith estimates or expectations of future production results as of October 26,
2016. Outlook is based upon certain assumptions, including, but not limited to, metal prices, oil prices, certain exchange rates and other assumptions. For example, 2016 Outlook assumes $1,300/oz Au,
$2.00/lb Cu, $0.75 USD/AUD exchange rate and $50/barrel WTI; AISC and CAS cost estimates do not include inflation, for the remainder of the year. Production, AISC and capital estimates exclude
projects that have not yet been approved (Twin Underground, Ahafo Mill Expansion and Subika Underground). The potential impact on inventory valuation as a result of lower prices, input costs, and
project decisions are not included as part of this Outlook. Unless otherwise indicated, Outlook also does not include Batu Hijau. Assumptions used for purposes of Outlook may prove to be incorrect and
actual results may differ materially from those anticipated. Consequently, Outlook cannot be guaranteed. As such, investors are cautioned not to place undue reliance upon Outlook and forward-looking
statements as there can be no assurance that the plans, assumptions or expectations upon which they are placed will occur.
5. U.S. investors are reminded that reserves were prepared in compliance with Industry Guide 7 published by the SEC. Whereas, the term resource, measured resource, indicated resources and inferred
resources are not SEC recognized terms. Newmont has determined that such resources would be substantively the same as those prepared using the Guidelines established by the Society of Mining,
Metallurgy and Exploration and defined as Mineral Resource. 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 reserves. 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. Inventory and upside potential have a greater amount of uncertainty. Investors are cautioned that drill
results illustrated in certain graphics in this presentation are not necessarily indicative of future results or future production. Even if significant mineralization is discovered and converted to reserves, during
the time necessary to ultimately move such mineralization to production the economic and legal feasibility of production may change. As such, investors are cautioned against relying upon those estimates.
For more information regarding the Company’s reserves, see the Company’s Annual Report filed with the SEC on February 17, 2016 for the Proven and Probable Reserve tables prepared in compliance
with the SEC’s Industry Guide 7, which is available at www.sec.gov or on the Company’s website. Investors are further reminded that the reserve and resource estimates used in this presentation are
estimates as of December 31, 2015.
6. As discussed in the Company’s second and third quarter Form 10-Q’s, filed on July 20, 2016 (Item 1, Note 22) and October 26, 2016 (Item 1, Note 25), respectively, the Company is conducting a
comprehensive study of the current Yanacocha reclamation plan as part of the requirement to submit an updated closure plan to Peruvian regulators every five years. The estimated closure liability range
on slide 39 of this presentation represents management’s current assessment of the Yanacocha closure plan after completing its review of preliminary changes to the Yanacocha closure plan based on the
study work completed to date and in connection with the Company’s annual process to evaluate and update all asset retirement obligations. The revised closure plan for Yanacocha may change in
connection with the Company’s submission and review of the plan with Peruvian regulators which is expected in the second half of 2017. As a result of the changes to the updated Yanacocha closure plan
and related increases in estimated future closure costs, the Company has determined that it is required to assess Yanacocha’s long-lived assets for impairment. The Company will perform this assessment
in connection with the preparation of the financial statements to be included in its Annual Report on Form 10-K, and it is probable the Company will record a non-cash impairment charge in the range noted
on slide 6 during the fourth quarter of 2016 which will be reported as a write-down of long-lived assets on the income statement. The Yanacocha closure study is ongoing and could result in future
increases or decreases to the asset retirement obligation. The financial impacts are still being finalized and additional details will be provided in the Company’s Annual Report on Form 10-K for the year
ended December 31, 2016. See the Company’s Form 8-K filed on December 13, 2016 for additional information.