This document provides an overview of Newmont Mining Corporation and the gold mining industry. It summarizes Newmont's financial and operating performance in 2006, provides production and cost guidance for 2007, and discusses trends of rising costs and declining production industry-wide. It also outlines Newmont's project pipeline and exploration activities.

1. Reinvesting in
the Gold Bull
Market
Boston Road Show
March 21-22, 2007

2. 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, that are intended to be covered by the safe
harbor created by such sections. Such forward-looking statements include, without limitation, (i) estimates of future gold
and copper production and sales; (ii) estimates of future costs applicable to sales; (iii) estimates of future capital
expenditures, royalty and dividend income, tax rates and expenses; (iv) estimates regarding timing of future development,
construction, production or closure activities; (v) statements regarding future exploration results and the replacement of
reserves; and (vi) statements regarding cost structure and competitive position. 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, forward-looking 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 such forward-looking
statements. Such risks include, but are not limited to, gold and other metals price volatility, currency fluctuations, increased
production costs and variances in ore grade or recovery rates from those assumed in mining plans, political and operational
risks in the countries in which we operate, and governmental regulation and judicial outcomes. For a more detailed
discussion of such risks and other factors, see the Company’s 2006 Annual Report on Form 10-K, filed February 26, 2007
which is on file with the Securities and Exchange Commission, as well as the Company’s other SEC filings. The Company
does not undertake any obligation to release publicly revisions to any “forward-looking statement,” to reflect events or
circumstances after the date of this news release, or to reflect the occurrence of unanticipated events, except as may be
required under applicable securities laws.
Slide 2

3. Newmont -
A World Leading Gold Company
Only Major US Gold Company
Founded in 1921
$19 Billion1
Market Capitalization
Only Gold Stock in the S&P 500 and Fortune 500
Approximately $285 Million/Day1
Highly Liquid Gold Stock
29 Million Acres of Land in the World’s Best Gold Districts
Gold Price Leverage “No Gold Hedge” Philosophy
1. Market Capitalization based on 03/16/2007 share price of $42.93, 451 million shares outstanding and 6.6 million average
shares traded daily.
Slide 3

4. Newmont’s Gold Assets
Ghana
Nevada
Peru Indonesia
• 5.9 Million Equity Gold Ounces Sold in 2006 from 11 Mine-sites Globally
• Over 29 Million Acres of Land in the World’s Best Gold Districts Slide 4

5. Ongoing Leverage
To Rising Gold Prices
$599 ~ Average Realized Gold Price +36% YoY
$900
2006
2006
$791
$791
$800
$700
146%
U.S. Dollars ($/oz for Margin)
$600
+146%
$500
44%
+44% 2005
$400
2006 $322
2005
2006 $322
260%
$295
2006
$295
$300 +260%
2005
$223
2006
2005
$204 $223
$204
$200
2005
$62
2005
$100 $62
$-
FY FY
YTD Cash Operating Margin Q4 Net income ($M) YTD Net income ($M) Slide 5
($/oz)

6. 2006
Financial
&
Operating
Summary

7. 2006 Financial & Operating Summary
Financial (millions except per share) Q4 2006 Q4 2005 YE 2006 YE 2005
Revenues $1,460 $1,292 $4,987 $4,352
Net cash provided from continuing operations $435 $489 $1,237 $1,243
Income from continuing operations $215 $69 $840 $360
Income from continuing operations per common share $0.48 $0.16 $1.87 $0.81
Net Income1 $223 $62 $791 $322
Net income per common share $0.50 $0.14 $1.76 $0.72
Operating Q4 2006 Q4 2005 YE 2006 YE 2005
Consolidated gold sales (000 ounces)2 2,011 2,407 7,361 8,429
Equity gold sales (000 ounces)2, 3 1,716 1,799 5,870 6,493
Average realized gold price ($/ounce) $619 $472 $599 $441
Costs applicable to sales ($/ounce) $322 $232 $304 $237
Cash operating margin $297 $240 $295 $204
1. For items impacting Net income, please refer to the Company’s fourth quarter press release, issued February 22, 2007.
2. Includes 17,400 and 100,300 ounces (consolidated and equity) for the quarter and year ended December 31, 2006, respectively, and 22,100 ounces sold
(consolidated and equity) for the quarter and year ended December 31, 2005, from Phoenix and Leeville start-up activities which are not included in Revenue,
Costs applicable to sales and Depreciation, depletion and amortization per ounce calculations prior to commencing operations on October 1, 2006 and October 14,
2006, respectively. Revenues and costs during start-up are included in Other income, net.
Slide 7
3. Includes sales from the Holloway and Zarafshan discontinued operations.

8. Nevada
Q4 Q4 YE YE
NEVADA 2006 2005 2006 2005
Consolidated gold sales (000 ounces) 887 652 2,534 2,444
Equity gold sales (000 ounces) 887 606 2,427 2,287
Consolidated costs applicable to sales ($/ounce) $363 $352 $403 $333
Opportunities
First full year of commercial production at Leeville and Phoenix mines
Power plant construction and fleet reinvestment targeting cost savings
Investment in housing and technical schools to address labor shortages
Phoenix copper oxide potential
Challenges
Ongoing labor cost pressures
Higher diesel and power prices
Skilled and experienced labor
Slide 8

9. Peru
Q4 Q4 YE YE
YANACOCHA 2006 2005 2006 2005
Consolidated gold sales (000 ounces) 439 1,063 2,572 3,328
Equity gold sales (000 ounces) 225 546 1,321 1,709
Consolidated costs applicable to sales ($/ounce) $244 $145 $193 $147
Opportunities
Began construction of gold mill during 2006
Optimizing development plan for Conga
Yanacocha sulfides provide future upside
Challenges
Decreasing ore grades
Increasing stripping ratios
Slide 9

10. Australia/New Zealand
AUSTRALIA/NEW ZEALAND Q4 Q4 YE YE
2006 2005 2006 2005
Consolidated gold sales (000 ounces) 347 397 1,350 1,601
Equity gold sales (000 ounces) 347 397 1,350 1,601
Consolidated costs applicable to sales ($/ounce) $387 $315 $384 $317
Opportunities
Boddington project under construction
Boddington resource expansion drilling underway
Boddington moly circuit potential
Exploration upside at Callie underground and other regions
Challenges
Decreasing planned throughput and ore grades
Decreasing production at Pajingo as it nears end of mine life
Slide 10

11. Indonesia
Q4 Q4 YE YE
2006 2005 2006 2005
Batu Hijau
Consolidated copper sales (M lbs) 147 129 435 573
Equity copper sales (M lbs) 78 68 230 303
Consolidated costs applicable to sales ($/lb Cu) $0.64 $0.60 $0.71 $0.53
Consolidated gold sales (000 ozs) 169 181 435 721
Equity gold sales (000 ozs) 89 96 230 381
Consolidated costs applicable to sales ($/oz Au) $192 $162 $209 $152
Opportunities
Stable production at a low-cost operation
Higher planned grades and throughput in 2007
Remaining copper hedges expire during first quarter 2007
Challenges
Higher stripping ratios/harder ores
Higher fuel, energy and consumable prices
Divestiture Slide 11

12. Ghana
Q4 Q4 YE YE
Ahafo
2006 2005 2006 2005
Consolidated gold sales (000 ozs) 125 - 202 -
Equity gold sales (000 ozs) 125 - 202 -
Consolidated costs applicable to sales ($/oz) $326 - $297 -
Opportunities
First full year of commercial production at the Ahafo mine
Ahafo expansion opportunities
Akyem project
Challenges
Limited mill availability and higher cost as a result of nation-wide
power rationing
Higher anticipated labor and contract service expenditures
Slide 12

13. Projects Update
Power Plant, Nevada
Construction approximately 37% complete
Total capital between $610 - $640 million
Completion targeted for mid-2008
Gold Mill, Yanacocha in Peru
Construction approximately 38% complete
Total capital approximately $250 million
Initial production expected in 2008
Boddington Mine, Australia
Construction approximately 21% complete
Total capital approximating $0.9 - $1.1 billion
Initial production expected in late 2008 or early 2009
Akyem Mine, Ghana
Deferred pending permitting, optimization and feasibility study
Additional exploration drilling data underway
Development decision expected by end of 2007 Slide 13

14. Changing
Gold Industry
Fundamentals

15. Gold Industry - Declining Production
8.0
2,700
Mine Production
7.6
NEM Equity Production (oz mm)
Global Production (tonnes)
7.5
Pre-Merger NEM Equity Production (oz/mm)
(5.5 mm ozs)
7.0
2,600
6.5
6.0
2,500
5.9
5.5
5.0
2,400
2001 2002 2003 2004 2005 2006
Source: GFMS Slide 15

16. 2007 Equity Gold Sales Guidance
2006 Actual to 2007 Guidance* Equity Gold Sales Variance
2006 Actual - Equity Gold Sales
Other
6.5 Ghana 6%
3%
Batu Hijau
4%
Nevada
41%
0.02 Australia/New
0.23
Zealand
0.01
23%
0.06 0.57
6.0
5.88
Ounces (million)
0.11
Yanacocha
23%
2007 Guidance* - Equity Gold Sales
5.5
Ghana
5.38
8%
Batu Hijau
5%
Nevada
Australia/New
47%
Zealand
5.0
25%
a
d
G
a
a
a
A
a
ch
ic
si
ic
an
si
07
06
er
r
A
ne
co
al
Af
20
20
m
al
Ze
do
na
A
r
nt
In
Ya
ew
th
Ce
or
/N
N
ia
al
tr
us
Yanacocha
A
Slide 16
15%
* 2007 number based on mid-point of guidance

17. Gold Industry - Costs
$400 Total (%)
2006 change CAGR
2001
Industry* $ 176 $ 305 73% 12%
$350
Newmont $ 182 $ 304 67% 11%
$300
CAS ($/oz)
$250
$200
$150
$100
2001 2002 2003 2004 2005 2006
GFMS (Industry Avg) Barrick Anglo Ashanti Newmont
“Across the globe, producers have cited higher energy and fuel
charges, increasing labor costs, shortages of experienced contractors,
and higher operating consumables price.”
GFMS Survey 2006 – Update 1
* Industry Cost based on H1 2006 GFMS
Slide 17

18. 2007 Guidance: CAS
Costs Applicable to Sales ($/oz)
2006 Actual = $304
2007 Guidance ~ 25% higher than 2006
Change by Region
$600
% Increase by Cost Drivers 2007 Guidance CAS*
2006 CAS
$500
Diesel & Others
Electricity 3%
5%
$400
Consumbles
5%
$300
Labor &
Contract $200
Services
15%
$100
Production
72%
$0
Ahafo Australia/New Nevada Yanacocha Batu Hijau
Zealand
Slide 18
* 2007 number based on mid-point of guidance

19. Gold Industry –
Cost Escalation Trends
Industry Average Process Plant
Construction Costs (Source: Global Insights)
1.80
1.70
1.60
Index (2002 = 1.00)
1.50
1.40
1.30
1.20
1.10
1.00
0.90
2002 2003 2004 2005 2006
Equipment Steel Labor Total
Slide 19

20. Stage Gating Process
Expensed Projects Capitalized Projects
Slide 20

21. Exploration
&
Merchant
Banking

22. Gold Reserves –
Fifth Consecutive Year Of Growth
2005 to 2006
Proven and Probable Equity Gold Reserves
95
2006 Reserve Sensitivity
93.9
7.9
93.2 7.4
Approximately 3% for
O u n c e s ( m illio n s )
every $25/oz change in
90
gold price between $450-
$550/oz.
1.5
85
2.0 3.7
80
Actual 2005 Depletion Acquisitions
Zarafshan Revisions Additions Actual 2006
Slide 22

23. Newmont’s Reserve Growth
Track Record & Discovery Cycles
100 Ghana
29 Million Acres in
World Class Gold Districts Australia
80
South
America
60
Central Asia &
Indonesia
North
40
America
20
0
1985 1987 1989 1991 1993 1995 1997 1999 2001 2003 2005
Slide 23

24. 2007 Exploration Budget
Budget by Location Budget by Program
Diamonds 9%
Opportunity Fund North America
Opportunity
& Support 21% 24%
Fund 9%
Tech Support/
Management 9% Near Mine
West Africa 10%
54%
China/SE Asia 2% Australia 14%
Turkey 2% Greenfields
20%
South America 28%
Near-Mine Programs: Carlin Trend in Nevada, Mexico, Yanacocha in Peru,
Sefwi Belt in Ghana, and Tanami in Australia
Greenfield Projects: Guiana Shield in South America, Andes in Peru, and
Greenstone Belts in West Africa
Slide 24

25. 2006 Merchant Banking Results
Royalty and Dividend Income
Royalty and Other Income: Record $120 million (+52% over 2005)
Equity Portfolio and Investment Growth
Market value of marketable securities portfolio: $1.4 billion
Alberta Heavy Oil Investment: $20 million investment $280 million sale proceeds
Canadian Oil Sands Trust: $268 million investment $800 million market value
Value Creation Investments
$152 million investment in Shore Gold Inc.’s FALC – Diamond Project
Other Assets - Iron Ore and Coal, Arctic Gas, Gold Refineries
Slide 25

26. Value Creation Investments
Gold Refineries
50% European Refineries, 40% Australian Refineries
Combined, refine and distribute >20% of world’s gold
Iron Ore
43.5% Euronimba Project, Guinea, West Africa
Partnered with BHP in world class project
Coal
100% Millmerran Deposit, Queensland, Australia
Thermal coal resource has high potential in current market
Gas
9% Hecla & Drake fields, Melville Island, Canada
Potential LNG application for largest gas field in N.A.
Slide 26

27. Committed Technical Expertise
Technical Services
80 person Research and Development Team
Proprietary Metallurgy labs, Mining Software, and Patents
Highest R&D and Technical Focus of Any Gold Producer
Projects Group
Expertise and Capacity Across Full Range of Projects
Institutionalized Stage Gate Process
Exploration Group
325 Full-Time geoscientists
Proprietary Geochemical and Geophysical Capacity
Proprietary Global Geological Information System
Proprietary Portfolio and Targeting System
Slide 27

28. Gold Price Leverage & Conclusions
Expanding Margins
$800
$700
Increasing Earnings $599
$600
Gold Price Leverage
$500 $441
$412 $295
$366
$400
$313
$205
$271 $196
$300
$170
$126
$93
$200
$304
$236
$216
$100 $196
$187
$178
$-
2001 2002 2003 2004 2005 2006
CAS/Oz Operating Margin/Oz Realized Price/Oz
Slide 28

29. The Gold Company Of Choice
For A Gold Bull Market
Fifth Consecutive Year of Reserve Growth
Growing Operating Margins (+44% in 2006)
Building New Lower-cost Mines
Balanced Global Portfolio
Strong, Liquid Balance Sheet
Institutional Quality Investment
“No Gold Hedging” Philosophy
Slide 29