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Australia/New Zealand
                  Overview
Brian Hill, Vice President, Asia/Pacific Operations
Asia-Pacific – Australia/NZ

                             Batu Hijau




                                             Tanami


                                 Jundee

                                 Kalgoorlie
                   Perth

                           Boddington
                                                                         Waihi




February 8, 2008                  Asia-Pacific – Australia/NZ Overview           2
Regional Alignment with
  Strategic Foundation
           Operational Execution:
                   Excellent Environment and Social Responsibility (ESR) & safety standards
                   Executing against mine plans
                   Integrated Management Operating Systems

           Project Execution:
                   Boddington project completion

           Exploration and Growth:
                   2.0 million equity ounces added to reserves at Boddington in 2007
                   Potential for further Non-Reserve Mineralization additions at Boddington
                   Exploration potential at Waihi, Tanami, Jundee and Boddington

           Leverage, Scope and Scale:
                   Continuous Improvement
                   Centralized services in Perth
                   Employee development and retention


February 8, 2008                      Asia-Pacific – Australia/NZ Overview                    3
2008 Outlook Summary

                                                                                 Q4          YTD      Outlook
                                                                                2007         2007      2008
   Equity gold sales (000 ozs)*                                                   335        1,324   1,065 – 1,125
   Costs applicable to sales – Gold ($/oz)                                       $494        $496    $585 - $625

   Consolidated capital expenditures ($m)                                        $229        $597    $800 - $850
    *Includes sales from discontinued operations of Pajingo in 2007.



            Australian Dollar Exchange Rate for 2008 Assumed at 0.875
                     Roughly $6 CAS/oz change in region for every 0.01 change in A$

            Capital Expenditures Primarily Related to Boddington
                     Expected share of total costs to be between $1.4 and $1.6 billion

February 8, 2008                                      Asia-Pacific – Australia/NZ Overview                           4
2008 Equity Sales

                                    1,500

                                                           ~ 60                ~ (10)
                                    1,400                                                      ~ (50)
      Equity Gold Sales (000 ozs)




                                               1,324                                                            ~ (70)
                                    1,300




                                                                                                 Inventory
                                                                                                                         (171)
                                                            Throughput




                                                                                   Recovery
                                    1,200




                                                                                                                 Grade
                                                                                                                                    1,065 - 1,125
                                    1,100




                                                                                                                          Pajingo
                                    1,000


                                     900


                                     800
                                            2007 Actual*                                                                            2008 Outlook
  *Includes sales from discontinued operations of Pajingo in 2007.

February 8, 2008                                                         Asia-Pacific – Australia/NZ Overview                                       5
2008 Costs Applicable to Sales
                 $650
                                                                                                                                                                     $585 - $625
                                                                                                                                                ~ $10     ~ ($10)
                                                                                                                                ~ $10
                 $600                                                                                     ~ $10
                                                                                    ~ $10




                                                                                                                                                             Other
                                                                         ~ $20




                                                                                                                                  Electricity



                                                                                                                                                 Diesel
                                                                                                           Parts and Supplies
                                                    ~ $20
                 $550
    CAS ($/oz)




                                                                                      Contract Services
                                      ~ $30
                                                                           Labor
                                                     Consumables




                           $496
                 $500
                                       Production




                 $450



                 $400
                        2007 Actual                                                                                                                                  2008 Outlook

February 8, 2008                                                   Asia-Pacific – Australia/NZ Overview                                                                             6
Opportunities and Risks
          Opportunities:
                   Exploration potential at
                    Boddington
                   Leverage centralized services
                   Kalgoorlie power


          Risks:
                   Maturing underground mines
                   Majority of operating costs in Australian dollars
                   Labor turnover in booming Australian mining industry


February 8, 2008                 Asia-Pacific– Australia/NZ Overview      7
Beyond 2008
        Reducing CAS:
              Boddington start-up
              Long-term power agreement with Griffin
              Reduce employee turnover
              Australian dollar hedging program

        Continued Focus on Safety, Environment and Community:
              International Cyanide Code certification by Sept 2008
              Environmental international standard by end of 2009 (ISO 14001)
              Occupational Health and Safety Assessment Series in 2010
              (OHSAS:18001)

        Capital Effectiveness:
              Focus on integrating Boddington into operations
              Continued implementation of the Stage Gate process

February 8, 2008                 Asia-Pacific– Australia/NZ Overview            8
Questions & Answers

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newmont mining 5_Asia-Pacific_Overview_Australia_Final1

  • 1. Australia/New Zealand Overview Brian Hill, Vice President, Asia/Pacific Operations
  • 2. Asia-Pacific – Australia/NZ Batu Hijau Tanami Jundee Kalgoorlie Perth Boddington Waihi February 8, 2008 Asia-Pacific – Australia/NZ Overview 2
  • 3. Regional Alignment with Strategic Foundation Operational Execution: Excellent Environment and Social Responsibility (ESR) & safety standards Executing against mine plans Integrated Management Operating Systems Project Execution: Boddington project completion Exploration and Growth: 2.0 million equity ounces added to reserves at Boddington in 2007 Potential for further Non-Reserve Mineralization additions at Boddington Exploration potential at Waihi, Tanami, Jundee and Boddington Leverage, Scope and Scale: Continuous Improvement Centralized services in Perth Employee development and retention February 8, 2008 Asia-Pacific – Australia/NZ Overview 3
  • 4. 2008 Outlook Summary Q4 YTD Outlook 2007 2007 2008 Equity gold sales (000 ozs)* 335 1,324 1,065 – 1,125 Costs applicable to sales – Gold ($/oz) $494 $496 $585 - $625 Consolidated capital expenditures ($m) $229 $597 $800 - $850 *Includes sales from discontinued operations of Pajingo in 2007. Australian Dollar Exchange Rate for 2008 Assumed at 0.875 Roughly $6 CAS/oz change in region for every 0.01 change in A$ Capital Expenditures Primarily Related to Boddington Expected share of total costs to be between $1.4 and $1.6 billion February 8, 2008 Asia-Pacific – Australia/NZ Overview 4
  • 5. 2008 Equity Sales 1,500 ~ 60 ~ (10) 1,400 ~ (50) Equity Gold Sales (000 ozs) 1,324 ~ (70) 1,300 Inventory (171) Throughput Recovery 1,200 Grade 1,065 - 1,125 1,100 Pajingo 1,000 900 800 2007 Actual* 2008 Outlook *Includes sales from discontinued operations of Pajingo in 2007. February 8, 2008 Asia-Pacific – Australia/NZ Overview 5
  • 6. 2008 Costs Applicable to Sales $650 $585 - $625 ~ $10 ~ ($10) ~ $10 $600 ~ $10 ~ $10 Other ~ $20 Electricity Diesel Parts and Supplies ~ $20 $550 CAS ($/oz) Contract Services ~ $30 Labor Consumables $496 $500 Production $450 $400 2007 Actual 2008 Outlook February 8, 2008 Asia-Pacific – Australia/NZ Overview 6
  • 7. Opportunities and Risks Opportunities: Exploration potential at Boddington Leverage centralized services Kalgoorlie power Risks: Maturing underground mines Majority of operating costs in Australian dollars Labor turnover in booming Australian mining industry February 8, 2008 Asia-Pacific– Australia/NZ Overview 7
  • 8. Beyond 2008 Reducing CAS: Boddington start-up Long-term power agreement with Griffin Reduce employee turnover Australian dollar hedging program Continued Focus on Safety, Environment and Community: International Cyanide Code certification by Sept 2008 Environmental international standard by end of 2009 (ISO 14001) Occupational Health and Safety Assessment Series in 2010 (OHSAS:18001) Capital Effectiveness: Focus on integrating Boddington into operations Continued implementation of the Stage Gate process February 8, 2008 Asia-Pacific– Australia/NZ Overview 8