Newmont Reports 2018 Reserves and Resources; Delivered 6.7Mozs of Reserves through exploration, Resources increase

DENVER–(BUSINESS WIRE)–Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) reported
gold Reserves of 65.4 million attributable ounces for 2018 compared to
68.5 million ounces at the end of 2017. New additions of 6.7 million
ounces exceeded the Company’s target, but were offset by negative
revisions of 3.6 million ounces and depletion of 6.1 million ounces.
Gold Resources¹ increased significantly to 55.0 million
ounces in 2018 compared to 48.2 million ounces in 2017 at a constant
gold price.

The Company outperformed its exploration target, adding 6.7 million
ounces of gold Reserves by the drill bit, demonstrating the success of
Newmont’s exploration program. Revisions of 3.6 million ounces were
largely driven by model changes at Phoenix and cost and pit design
changes at Carlin. Newmont reported 5.1 million ounces of attributable
mine production in 2018 resulting in 6.1 million contained ounces of
reserve depletion.

Notable reserve additions for the year include a first-time declaration
of 2.2 million equity ounces from the Yanacocha Sulfides project, 0.8
million ounces each at Tanami and Cripple Creek & Victor (CC&V), 0.6
million ounces at Ahafo Open Pits, 0.5 million ounces at Carlin
Underground and 0.4 million equity ounces at Turquoise Ridge.

The Company’s average gold Reserve grade increased four percent to 1.19
grams per tonne compared to 1.14 grams per tonne in the prior year,
largely due to higher grade additions at Yanacocha Sulfides, Tanami, and
Carlin Underground.

Newmont’s gold Resources increased significantly to 55.0 million ounces,
up 14 percent from 48.2 million ounces in 2017 at a constant gold price,
and more than offsetting the conversion of Resource ounces to Reserves.
Positive changes to the Company’s resource base included 9.5 million
ounces added through exploration and studies and 5.3 million ounces
through the acquisition of a 50 percent interest in the Galore Creek
project. These additions were offset by the conversion of 7.7 million
ounces to Reserves, along with net negative revisions of 2.2 million
ounces primarily driven by Phoenix.

Notable resource additions include 1.8 million equity ounces at KCGM,
1.6 million ounces at Tanami, 1.0 million equity ounces at Yanacocha,
0.8 million equity ounces at Merian, 0.8 million ounces each at
Boddington and CC&V and 0.5 million ounces at Ahafo Open Pits.

Newmont’s gold Resource grade decreased to 0.76 grams per tonne compared
to 0.92 grams per tonne in the prior year, largely due to the
acquisition of Galore Creek and lower grade additions from Boddington.

The Company reported attributable Measured and Indicated²
gold resources of 39.4 million ounces, up 15 percent from the prior
year, and 15.6 million ounces of attributable Inferred gold resources,
an increase of 12 percent from the prior year.

Copper

The Company increased copper Reserves by seven percent to 1.3 million
tonnes and copper Resources³ increased significantly to 4.7
million tonnes, as compared to 2.3 million tonnes at the end of 2017.
The increase was largely driven by the Galore Creek acquisition of 2.8
million tonnes.

Exploration Outlook

Newmont’s total attributable exploration expenditure⁴ is
expected to increase to approximately $250 million in 2019, up nine
percent from the prior year as the Company continues to focus on growing
reserves and resources over the longer term. Around 75 percent of total
exploration spend will be dedicated to near-mine expansion programs and
the remaining 25 percent will be allocated to the advancement of
greenfield projects and innovation programs. Geographically, the Company
expects to invest approximately 35 percent in North America, 20 percent
in Australia and the remainder in South America, Africa and other
locations.

Gold Reserve Sensitivity

A $100 increase in gold price would result in an approximate seven
percent increase in gold reserves while a $100 decrease in gold price
would result in an approximate 13 percent decrease in gold reserves.
These sensitivities assume an oil price of $65 per barrel (WTI) and an
Australian dollar exchange rate of $0.75.

____________________
1		Resources include measured, indicated and inferred resources; see cautionary statement at the end of this release regarding reserves and resources. See Attributable Gold Mineral Resources tables at the end of this release.
2		Totals may not sum due to rounding; see Attributable Gold Mineral Resources tables at the end of this release
3		Resources include measured, indicated and inferred resources; see cautionary statement at the end of this release regarding reserves and resources. See Attributable Copper Mineral Resources tables at the end of this release.
4		Includes capitalized and expensed exploration

For additional details on Newmont’s reported Gold, Copper and Silver
Mineral Reserves and Resources, please refer to the tables at the end of
this release.

Key Assumptions:

							Years Ended December 31,
							2018			2017
				Gold Reserves (US$/oz)			$1,200			$1,200
				Gold Resources (US$/oz)			$1,400			$1,400
				Copper Reserves (US$/lb)			$2.50			$2.50
				Copper Resources (US$/lb)			$3.25			$3.25
				Australian Dollar (A$:US$)			$0.75			$0.75
				West Texas Intermediate (US$/bbl)			$65			$55

Reserve and Resource Tables

Proven and Probable reserves are based on extensive drilling, sampling,
mine modeling and metallurgical testing from which we determine economic
feasibility. Metal price assumptions follow SEC guidance not to exceed a
three year trailing average. The price sensitivity of reserves depends
upon several factors including grade, metallurgical recovery, operating
cost, waste-to-ore ratio and ore type. Metallurgical recovery rates vary
depending on the metallurgical properties of each deposit and the
production process used. The reserve tables included in this release
list the average metallurgical recovery rate for each deposit, which
takes into account the assumed processing methods. The cut-off grade, or
lowest grade of material considered economic to process, varies with
material type, price, metallurgical recoveries, operating costs and co-
or by-product credits. The Proven and Probable reserve figures presented
herein are estimates based on information available at the time of
calculation. No assurance can be given that the indicated levels of
recovery of gold and copper will be realized. Ounces of gold and silver
or pounds of copper included in the proven and probable reserves are
those contained prior to losses during metallurgical treatment. Reserve
estimates may require revision based on actual production. Market
fluctuations in the price of gold or copper, as well as increased
production costs or reduced metallurgical recovery rates, could render
certain proven and probable reserves containing relatively lower grades
of mineralization uneconomic to exploit and might result in a reduction
of reserves.

The Measured, Indicated, and Inferred resource figures presented herein
are estimates based on information available at the time of calculation
and are exclusive of reserves. A “Mineral Resource” is a concentration
or occurrence of solid material of economic interest in or on the
Earth’s crust in such form, grade, or quality and quantity that there
are reasonable prospects for eventual economic extraction. The location,
quantity, grade or quality, continuity and other geological
characteristics of a Mineral Resource are known, estimated or
interpreted from specific geological evidence and knowledge, including
sampling. Mineral Resources are sub-divided, in order of increasing
geological confidence, into Inferred, Indicated and Measured categories.
Ounces of gold and silver or pounds of copper included in the Measured,
Indicated and Inferred resources are those contained prior to losses
during metallurgical treatment. Market fluctuations in the price of gold
and copper, as well as increased production costs or reduced
metallurgical recovery rates, could change future estimates of
resources. Please refer to the reserves and resources cautionary
statement at the end of the release.

We publish reserves and resources annually, and will recalculate
reserves and resources at year-end 2019, taking into account metal
prices, changes, if any, in future production and capital costs, mine
designs, model changes, divestments and depletion as well as any
acquisitions and additions during 2019.

Attributable Proven, Probable and Combined Gold Reserves (1), U.S. Units
			December 31, 2018																								December 31, 2017
						Proven Reserves						Probable Reserves						Proven and Probable Reserves									Proven and Probable Reserves
			Newmont			Tonnage (2)		Grade		Gold (3)		Tonnage (2)		Grade		Gold (3)		Tonnage (2)		Grade		Gold (3)		Metallurgical			Tonnage (2)		Grade		Gold (3)
Deposits/Districts			Share			(x1000 tons)		(oz/ton)		(x1000 ozs)		(x1000 tons)		(oz/ton)		(x1000 ozs)		(x1000 tons)		(oz/ton)		(x1000 ozs)		Recovery (3)			(x1000 tons)		(oz/ton)		(x1000 ozs)
North America
Carlin Open Pits (4)			100	%		1,700		0.088		140		118,200		0.047		5,550		119,900		0.048		5,690		73	%		190,600		0.041		7,760
Carlin Leach Pad (5)			100	%		—				—		73,500		0.009		650		73,500		0.009		650		51	%		67,400		0.009		580
Carlin Stockpiles (6)			100	%		18,700		0.067		1,250		—				—		18,700		0.067		1,250		84	%		18,900		0.062		1,180
Carlin Underground (7)			100	%		8,400		0.305		2,580		7,900		0.293		2,290		16,300		0.300		4,870		83	%		18,400		0.291		5,310
Total Carlin, Nevada						28,800		0.138		3,970		199,600		0.043		8,490		228,400		0.055		12,460		77	%		295,300		0.050		14,830
Phoenix (8)			100	%		13,200		0.022		290		133,200		0.019		2,530		146,400		0.019		2,820		70	%		249,900		0.016		4,030
Lone Tree			100	%		3,900		0.008		30		—				—		3,900		0.008		30		32	%		3,700		0.007		20
Total Phoenix, Nevada						17,100		0.019		320		133,200		0.019		2,530		150,300		0.019		2,850		70	%		253,600		0.016		4,050
Turquoise Ridge (9)			25	%		3,300		0.397		1,310		2,700		0.355		960		6,000		0.378		2,270		92	%		4,400		0.454		1,980
Twin Creeks (10)			100	%		1,400		0.086		110		26,000		0.047		1,220		27,400		0.049		1,330		77	%		31,900		0.044		1,400
Twin Creeks Stockpiles (6)			100	%		—				—		31,300		0.061		1,910		31,300		0.061		1,910		71	%		31,900		0.063		2,010
Total Twin Creeks, Nevada						4,700		0.302		1,420		60,000		0.068		4,090		64,700		0.085		5,510		81	%		68,200		0.079		5,390
Long Canyon, Nevada (11)			100	%		700		0.064		50		23,900		0.038		920		24,600		0.039		970		76	%		21,600		0.049		1,070
CC&V (12)			100	%		123,000		0.016		1,940		30,900		0.013		400		153,900		0.015		2,340		59	%		125,500		0.017		2,090
CC&V Leach Pads (5)			100	%		—				—		41,900		0.025		1,050		41,900		0.025		1,050		57	%		45,800		0.025		1,140
CC&V Stockpiles (6)			100	%		900		0.070		60		—				—		900		0.070		60		82	%		2,900		0.084		250
Total CC&V, Colorado						123,900		0.016		2,000		72,800		0.020		1,450		196,700		0.018		3,450		59	%		174,200		0.020		3,480
TOTAL NORTH AMERICA						175,200		0.044		7,760		489,500		0.036		17,480		664,700		0.038		25,240		78	%		812,900		0.035		28,820
South America
Yanacocha Open Pits (13)			51.35	%		7,500		0.020		150		111,500		0.019		2,060		119,000		0.019		2,210		64	%		93,000		0.018		1,720
Yanacocha Leach Pads (5)			51.35	%		7,200		0.022		160		—				—		7,200		0.022		160		70	%		6,300		0.022		130
Yanacocha Stockpiles (6)			51.35	%		2,300		0.035		80		1,600		0.056		90		3,900		0.044		170		80	%		5,100		0.042		220
Yanacocha Underground (14)			51.35	%		—				—		6,200		0.204		1,270		6,200		0.204		1,270		97	%		—				—
Total Yanacocha, Peru (23)						17,000		0.023		390		119,300		0.029		3,420		136,300		0.028		3,810		76	%		104,400		0.020		2,070
Merian, Suriname (15)			75	%		39,200		0.044		1,720		63,400		0.032		2,010		102,600		0.036		3,730		93	%		111,600		0.036		3,970
TOTAL SOUTH AMERICA						56,200		0.038		2,110		182,700		0.030		5,430		238,900		0.032		7,540		82	%		216,000		0.028		6,040
Australia
Boddington Open Pit (16)			100	%		264,900		0.021		5,520		265,000		0.021		5,470		529,900		0.021		10,990		83	%		546,500		0.021		11,250
Boddington Stockpiles (6)			100	%		7,600		0.020		150		94,800		0.013		1,210		102,400		0.013		1,360		77	%		104,500		0.013		1,400
Total Boddington, Western Australia						272,500		0.021		5,670		359,800		0.019		6,680		632,300		0.020		12,350		83	%		651,000		0.019		12,650
Tanami, Northern Territory (17)			100	%		11,200		0.159		1,780		18,000		0.162		2,910		29,200		0.161		4,690		97	%		26,400		0.166		4,410
Kalgoorlie Open Pit and Underground (18)			50	%		4,600		0.059		270		27,500		0.063		1,720		32,100		0.062		1,990		83	%		33,800		0.063		2,140
Kalgoorlie Stockpiles (6)			50	%		18,400		0.030		560		55,800		0.020		1,100		74,200		0.022		1,660		74	%		75,400		0.023		1,730
Total Kalgoorlie, Western Australia						23,000		0.036		830		83,300		0.034		2,820		106,300		0.034		3,650		79	%		109,200		0.035		3,870
TOTAL AUSTRALIA						306,700		0.027		8,280		461,100		0.027		12,410		767,800		0.027		20,690		84	%		786,600		0.027		20,930
Africa
Ahafo South Open Pits (19)			100	%		17,600		0.070		1,230		53,600		0.054		2,870		71,200		0.058		4,100		91	%		71,300		0.053		3,760
Ahafo Underground (20)			100	%		—				—		8,300		0.138		1,150		8,300		0.138		1,150		94	%		11,600		0.136		1,590
Ahafo Stockpiles (6)			100	%		41,700		0.027		1,130		—				—		41,700		0.027		1,130		87	%		41,300		0.028		1,160
Total Ahafo South, Ghana						59,300		0.040		2,360		61,900		0.065		4,020		121,200		0.053		6,380		91	%		124,200		0.052		6,510
Ahafo North, Ghana (21)			100	%		—				—		48,000		0.070		3,350		48,000		0.070		3,350		91	%		48,000		0.070		3,350
Akyem Open Pit (22)			100	%		9,100		0.049		450		28,600		0.049		1,410		37,700		0.049		1,860		90	%		51,600		0.048		2,500
Akyem Stockpiles (6)			100	%		14,300		0.026		380		—				—		14,300		0.026		380		89	%		11,200		0.028		320
Total Akyem, Ghana						23,400		0.035		830		28,600		0.049		1,410		52,000		0.043		2,240		89	%		62,800		0.045		2,820
TOTAL AFRICA						82,700		0.038		3,190		138,500		0.063		8,780		221,200		0.054		11,970		91	%		235,000		0.054		12,680
TOTAL NEWMONT WORLDWIDE						620,800		0.034		21,340		1,271,800		0.035		44,100		1,892,600		0.035		65,440		83	%		2,050,500		0.033		68,470

(1)		See cautionary statement regarding reserves and resources at the end of this release. 2018 and 2017 reserves were calculated at a gold price of $1,200, or A$1,600 per ounce unless otherwise noted.
(2)		Tonnages include allowances for losses resulting from mining methods. Tonnages are rounded to the nearest 100,000.
(3)		Ounces are estimates of metal contained in ore tonnages and do not include allowances for processing losses. Metallurgical recovery rates represent the estimated amount of metal to be recovered through metallurgical extraction processes. Ounces may not recalculate as they are rounded to the nearest 10,000.
(4)		Cut-off grades utilized in 2018 reserves were as follows: oxide leach material not less than 0.006 ounce per ton; oxide mill material not less than 0.030 ounce per ton; flotation material not less than 0.016 ounce per ton; and refractory mill material not less than 0.041 ounce per ton.
(5)		Leach pad material is the material on leach pads at the end of the year from which gold remains to be recovered. In-process reserves are reported separately where ounces exceed 100,000 and are greater than 5% of the total site-reported reserves.
(6)		Stockpiles are comprised primarily of material that has been set aside to allow processing of higher grade material in the mills. Stockpiles increase or decrease depending on current mine plans. Stockpile reserves are reported separately where ounces exceed 100,000 and are greater than 5% of the total site-reported reserves.
(7)		Cut-off grade utilized in 2018 reserves not less than 0.048 ounce per ton.
(8)		Gold cut-off grade varies with level of copper and silver credits.
(9)		Reserve estimates provided by Barrick, the operator of the Turquoise Ridge joint venture, as of February 13, 2019.
(10)		Cut-off grades utilized in 2018 reserves were as follows: oxide leach material not less than 0.008 ounce per ton; oxide mill material not less than 0.016 ounce per ton; and refractory mill material not less than 0.046 ounce per ton.
(11)		Cut-off grade utilized in 2018 reserves not less than 0.007 ounce per ton.
(12)		Cut-off grades utilized in 2018 reserves were as follows: oxide mill material not less than 0.040 ounce per ton and leach material not less than 0.007 ounce per ton.
(13)		Gold cut-off grades utilized in 2018 reserves were as follows: oxide leach material not less than 0.004 ounce per ton; oxide mill material not less than 0.013 ounce per ton; and refractory mill material not less than 0.040 ounce per ton.
(14)		Gold cut-off grades utilized in 2018 reserves not less than 0.054 ounce per ton.
(15)		Cut-off grade utilized in 2018 reserves not less than 0.010 ounce per ton.
(16)		Gold cut-off grade varies with level of copper credits.
(17)		Cut-off grade utilized in 2018 reserves not less than 0.047 ounce per ton.
(18)		Cut-off grade utilized in 2018 in situ reserves not less than 0.026 ounce per ton.
(19)		Cut-off grade utilized in 2018 reserves not less than 0.019 ounce per ton.
(20)		Cut-off grade utilized in 2018 reserves not less than 0.064 ounce per ton.
(21)		Includes undeveloped reserves at six pits in the Ahafo trend totaling 3.4 million ounces. Cut-off grade utilized in 2018 reserves not less than 0.014 ounce per ton.
(22)		Cut-off grade utilized in 2018 reserves not less than 0.016 ounce per ton.
(23)		2017 Yanacocha ownership was 54.05%.

Attributable Proven, Probable and Combined Gold Reserves (1), Metric Units
			December 31, 2018																								December 31, 2017
						Proven Reserves						Probable Reserves						Proven and Probable Reserves									Proven and Probable Reserves
			Newmont			Tonnage (2)		Grade		Gold (3)		Tonnage (2)		Grade		Gold (3)		Tonnage (2)		Grade		Gold (3)		Metallurgical			Tonnage (2)		Grade		Gold (3)
Deposits/Districts			Share			(x1000 tonnes)		(g/tonne)		(x1000 ozs)		(x1000 tonnes)		(g/tonne)		(x1000 ozs)		(x1000 tonnes)		(g/tonne)		(x1000 ozs)		Recovery			(x1000 tonnes)		(g/tonne)		(x1000 ozs)
North America
Carlin Open Pits			100	%		1,500		3.00		140		107,200		1.61		5,550		108,700		1.63		5,690		73	%		172,800		1.40		7,760
Carlin Leach Pad (5)			100	%		—				—		66,800		0.30		650		66,800		0.30		650		51	%		61,200		0.30		580
Carlin Stockpiles (6)			100	%		16,900		2.30		1,250		—				—		16,900		2.30		1,250		84	%		17,200		2.14		1,180
Carlin Underground			100	%		7,700		10.47		2,580		7,100		10.05		2,290		14,800		10.27		4,870		83	%		16,400		9.96		5,310
Total Carlin, Nevada						26,100		4.73		3,970		181,100		1.46		8,490		207,200		1.87		12,460		77	%		267,600		1.72		14,830
Phoenix			100	%		12,000		0.76		290		120,800		0.65		2,530		132,800		0.66		2,820		70	%		226,600		0.55		4,030
Lone Tree			100	%		3,600		0.29		30		—				—		3,600		0.29		30		32	%		3,400		0.25		20
Total Phoenix, Nevada						15,600		0.64		320		120,800		0.65		2,530		136,400		0.65		2,850		70	%		230,000		0.55		4,050
Turquoise Ridge (9)			25	%		3,000		13.62		1,310		2,500		12.16		960		5,500		12.97		2,270		92	%		3,900		15.56		1,980
Twin Creeks			100	%		1,300		2.96		110		23,600		1.61		1,220		24,900		1.66		1,330		77	%		28,900		1.51		1,400
Twin Creeks Stockpiles (6)			100	%		—				—		28,400		2.09		1,910		28,400		2.09		1,910		71	%		29,000		2.16		2,010
Total Twin Creeks, Nevada						4,300		10.27		1,420		54,500		2.33		4,090		58,800		2.91		5,510		81	%		61,800		2.71		5,390
Long Canyon, Nevada			100	%		600		2.18		50		21,700		1.31		920		22,300		1.34		970		76	%		19,700		1.68		1,070
CC&V			100	%		111,400		0.54		1,940		28,100		0.45		400		139,500		0.52		2,340		59	%		114,000		0.57		2,090
CC&V Leach Pads (5)			100	%		—				—		38,100		0.86		1,050		38,100		0.86		1,050		57	%		41,500		0.86		1,140
CC&V Stockpiles (6)			100	%		800		2.41		60		—				—		800		2.41		60		82	%		2,700		2.89		250
Total CC&V, Colorado						112,200		0.56		2,000		66,200		0.68		1,450		178,400		0.60		3,450		59	%		158,200		0.69		3,480
TOTAL NORTH AMERICA						158,800		1.53		7,760		444,300		1.22		17,480		603,100		1.30		25,240		78	%		737,300		1.22		28,820
South America
Yanacocha Open Pits			51.35	%		6,700		0.68		150		101,100		0.64		2,060		107,800		0.64		2,210		64	%		84,200		0.63		1,720
Yanacocha Leach Pads (5)			51.35	%		6,500		0.75		160		—				—		6,500		0.75		160		70	%		5,700		0.75		130
Yanacocha Stockpiles (6)			51.35	%		2,100		1.21		80		1,500		1.91		90		3,600		1.50		170		80	%		4,700		1.44		220
Yanacocha Underground			51.35	%		—				—		5,700		6.98		1,270		5,700		6.98		1,270		97	%		—				—
Total Yanacocha, Peru (23)						15,300		0.79		390		108,300		0.98		3,420		123,600		0.96		3,810		76	%		94,600		0.68		2,070
Merian, Suriname			75	%		35,600		1.51		1,720		57,500		1.09		2,010		93,100		1.25		3,730		93	%		101,200		1.22		3,970
TOTAL SOUTH AMERICA						50,900		1.29		2,110		165,800		1.02		5,430		216,700		1.08		7,540		82	%		195,800		0.96		6,040
Australia
Boddington Open Pit			100	%		240,400		0.71		5,520		240,300		0.71		5,470		480,700		0.71		10,990		83	%		495,900		0.71		11,250
Boddington Stockpiles (6)			100	%		6,900		0.67		150		86,100		0.44		1,210		93,000		0.45		1,360		77	%		94,900		0.46		1,400
Total Boddington, Western Australia						247,300		0.71		5,670		326,400		0.64		6,680		573,700		0.67		12,350		83	%		590,800		0.67		12,650
Tanami, Northern Territory			100	%		10,200		5.46		1,780		16,400		5.54		2,910		26,600		5.51		4,690		97	%		24,100		5.69		4,410
Kalgoorlie Open Pit and Underground			50	%		4,100		2.03		270		24,900		2.14		1,720		29,000		2.13		1,990		83	%		30,700		2.17		2,140
Kalgoorlie Stockpiles (6)			50	%		16,700		1.04		560		50,600		0.68		1,100		67,300		0.77		1,660		74	%		68,300		0.78		1,730
Total Kalgoorlie, Western Australia						20,800		1.23		830		75,500		1.16		2,820		96,300		1.18		3,650		79	%		99,000		1.21		3,870
TOTAL AUSTRALIA						278,300		0.92		8,280		418,300		0.92		12,410		696,600		0.92		20,690		84	%		713,900		0.91		20,930
Africa
Ahafo South Open Pits			100	%		15,900		2.40		1,230		48,700		1.83		2,870		64,600		1.97		4,100		91	%		64,900		1.81		3,760
Ahafo Underground			100	%		—				—		7,500		4.74		1,150		7,500		4.74		1,150		94	%		10,500		4.67		1,590
Ahafo Stockpiles (6)			100	%		38,000		0.92		1,130		—				—		38,000		0.92		1,130		87	%		37,600		0.95		1,160
Total Ahafo South, Ghana						53,900		1.36		2,360		56,200		2.22		4,020		110,100		1.80		6,380		91	%		113,000		1.79		6,510
Ahafo North, Ghana			100	%		—				—		43,500		2.39		3,350		43,500		2.39		3,350		91	%		43,500		2.39		3,350
Akyem Open Pit			100	%		8,200		1.69		450		26,000		1.69		1,410		34,200		1.69		1,860		90	%		46,900		1.66		2,500
Akyem Stockpiles (6)			100	%		12,900		0.90		380		—				—		12,900		0.90		380		89	%		10,200		0.95		320
Total Akyem, Ghana						21,100		1.21		830		26,000		1.69		1,410		47,100		1.47		2,240		89	%		57,100		1.53		2,820
TOTAL AFRICA						75,000		1.32		3,190		125,700		2.17		8,780		200,700		1.85		11,970		91	%		213,600		1.84		12,680
TOTAL NEWMONT WORLDWIDE						563,000		1.18		21,340		1,154,100		1.19		44,100		1,717,100		1.19		65,440		83	%		1,860,600		1.14		68,470

See Footnotes under Gold Reserves U.S. units table. Note that cut off
grades in such footnotes are represented in U.S. units

Attributable Gold Mineral Resources (1)(2) – December 31, 2018, U.S. Units
						Measured Resource						Indicated Resource						Measured and Indicated Resource (3)						Inferred Resource
			Newmont			Tonnage		Grade		Gold		Tonnage		Grade		Gold		Tonnage		Grade		Gold		Tonnage		Grade		Gold
Deposits/Districts			Share			(x1000 tons)		(oz/ton)		(x1000 ozs)		(x1000 tons)		(oz/ton)		(x1000 ozs)		(x1000 tons)		(oz/ton)		(x1000 ozs)		(x1000 tons)		(oz/ton)		(x1000 ozs)
North America
Carlin Trend Open Pit			100	%		1,100		0.084		90		110,400		0.037		4,090		111,500		0.038		4,180		10,500		0.029		310
Carlin Trend Underground			100	%		1,000		0.214		220		2,600		0.162		440		3,600		0.176		660		2,600		0.279		740
Total Carlin, Nevada						2,100		0.148		310		113,000		0.040		4,530		115,100		0.042		4,840		13,100		0.080		1,050
Phoenix			100	%		7,000		0.015		100		106,700		0.014		1,530		113,700		0.014		1,630		16,100		0.019		300
Buffalo Valley			70	%		—		0.000		—		15,500		0.019		290		15,500		0.019		290		400		0.011		—
Total Phoenix, Nevada						7,000		0.015		100		122,200		0.015		1,820		129,200		0.015		1,920		16,500		0.018		300
Twin Creeks			100	%		1,900		0.083		150		34,600		0.062		2,150		36,500		0.063		2,300		14,200		0.050		710
Twin Creeks Stockpiles (4)			100	%		9,000		0.059		530		—		0.000		—		9,000		0.059		530		—		0.000		—
Sandman			100	%		—		0.000		—		1,300		0.036		50		1,300		0.036		50		1,100		0.054		60
Turquoise Ridge (5)			25	%		1,100		0.225		240		900		0.240		210		2,000		0.231		450		700		0.348		240
Total Twin Creeks, Nevada						12,000		0.077		920		36,800		0.065		2,410		48,800		0.068		3,330		16,000		0.063		1,010
Long Canyon, Nevada			100	%		600		0.112		60		15,400		0.102		1,570		16,000		0.103		1,630		6,200		0.057		350
CC&V, Colorado			100	%		46,900		0.016		750		30,900		0.014		450		77,800		0.015		1,200		17,300		0.013		200
Galore Creek, Canada (6)			50	%		141,500		0.011		1,510		466,800		0.007		3,120		608,300		0.008		4,630		109,200		0.006		670
TOTAL NORTH AMERICA						210,100		0.017		3,650		785,100		0.018		13,900		995,200		0.018		17,550		178,300		0.020		3,580
South America
Conga, Peru			51.35	%		—		0.000		—		392,700		0.019		7,490		392,700		0.019		7,490		130,500		0.011		1,480
Yanacocha			51.35	%		6,200		0.015		90		36,500		0.011		410		42,700		0.012		500		100,200		0.025		2,480
Yanacocha Underground			51.35	%		—		0.000		—		2,500		0.161		390		2,500		0.161		390		4,500		0.103		460
Total Yanacocha, Peru						6,200		0.015		90		39,000		0.021		800		45,200		0.020		890		104,700		0.028		2,940
Merian, Suriname			75	%		3,900		0.028		110		33,500		0.034		1,130		37,400		0.033		1,240		47,600		0.036		1,730
TOTAL SOUTH AMERICA						10,100		0.019		200		465,200		0.020		9,420		475,300		0.020		9,620		282,800		0.022		6,150
Australia
Boddington, Western Australia			100	%		104,900		0.016		1,680		279,700		0.016		4,510		384,600		0.016		6,190		5,700		0.014		80
Tanami, Northern Territory			100	%		400		0.092		40		8,900		0.099		870		9,300		0.099		910		11,200		0.123		1,370
Kalgoorlie, Western Australia			50	%		5,900		0.042		240		27,900		0.044		1,240		33,800		0.044		1,480		10,300		0.068		700
TOTAL AUSTRALIA						111,200		0.018		1,960		316,500		0.021		6,620		427,700		0.020		8,580		27,200		0.079		2,150
Africa
Ahafo South			100	%		1,600		0.017		30		28,100		0.035		990		29,700		0.034		1,020		10,600		0.045		480
Ahafo Underground			100	%		—		0.000		—		11,000		0.140		1,530		11,000		0.140		1,530		13,400		0.130		1,740
Total Ahafo South, Ghana						1,600		0.017		30		39,100		0.064		2,520		40,700		0.063		2,550		24,000		0.093		2,220
Ahafo North Open Pits, Ghana			100	%		—		0.000		—		10,800		0.048		520		10,800		0.048		520		8,300		0.052		440
Akyem Open Pits			100	%		600		0.023		10		1,700		0.013		20		2,300		0.016		30		—		0.000		—
Akyem Underground			100	%		—		0.000		—		4,100		0.134		540		4,100		0.134		540		8,700		0.120		1,050
Akyem, Ghana						600		0.023		10		5,800		0.097		560		6,400		0.089		570		8,700		0.121		1,050
TOTAL AFRICA						2,200		0.019		40		55,700		0.065		3,600		57,900		0.063		3,640		41,000		0.090		3,710
TOTAL NEWMONT WORLDWIDE						333,600		0.018		5,850		1,622,500		0.021		33,540		1,956,100		0.020		39,390		529,300		0.030		15,590

Contacts

Newmont Mining Corporation
Investor
Contact
Jessica Largent, 303-837-5484
jessica.largent@newmont.com

Media
Contact
Omar Jabara, 303-837-5114
omar.jabara@newmont.com

Read full story here