NEWMONT Corp /DE/ - FORM 8-K - EX-99.2 - EXHIBIT 99.2

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8-K - NEWMONT MINING CORPORATION 8-K - NEWMONT Corp /DE/	a51043821.htm
EX-99.1 - EXHIBIT 99.1 - NEWMONT Corp /DE/	a51043821ex99_1.htm

Exhibit 99.2

Newmont Reports Reserves and Resources with Notable Additions at Growth Projects

DENVER--(BUSINESS WIRE)--February 19, 2015--Newmont Mining Corporation (NYSE: NEM) (“Newmont” or “the Company”) reported gold reserves of 82.2 million ounces and copper reserves of 7.9 billion pounds for 2014.

Notable gold reserve additions for the year include 0.7 million ounces at Tanami, 0.2 million ounces at Long Canyon and 0.4 million equity ounces at Merian. The Carlin trend continues to show promising upside, as the Carlin Portals and Leeville collectively added 0.7 million ounces. Overall gold reserve grades were unchanged from the prior year; however, combined project reserve additions were at a grade that exceeded our portfolio’s average. Gold resource additions¹ include 1.0 million ounces from Tanami, 1.1 million ounces from Carlin Portals and Leeville, 0.9 million ounces from Apensu Underground, and 0.6 million ounces from Long Canyon. (See graphs in photos one and two.)

Newmont reported 82.2 million ounces of attributable gold reserves, 26.7 million ounces of attributable Measured and Indicated gold resources and 16 million ounces attributable Inferred gold resources. Attributable gold reserves were reduced by a net 6.2 million ounces or 7% from the prior year. Of this reduction, 2.5 million ounces or nearly 40% is due to asset divestitures. Depletion of 5.5 million ounces was partially offset by additions of 3.3 million ounces.

Attributable gold resources were reduced by 1.2 million ounces or 3% from the prior year. New additions of 5.7 million ounces were offset by conversions of 3.3 million ounces, revisions due to mine plan changes of 2.6 million ounces and divestments of 1.1 million ounces. Excluding divestments, attributable gold resources were essentially flat year over year. Gold reserves and resources were calculated at $1,300 per ounce, and $1,400 per ounce, respectively, unchanged from 2013.

Newmont also reported 7.9 billion pounds of attributable copper reserves, 7.3 billion pounds of attributable Measured and Indicated copper resources and 1.7 billion pounds attributable Inferred copper resources. Copper reserves were unchanged from 2013 except for depletion and minor positive revisions, while copper resources were reduced from 2013 primarily due to revisions due to mine plan changes at Phoenix. Copper reserves and resources were calculated at $3.00 per pound, and $3.50 per pound, respectively, unchanged from 2013.

Attributable Proven and Probable silver reserves for 2014 were 144 million ounces. Attributable Measured and Indicated silver resources for 2014 were 47 million ounces, with additional Inferred silver resources of 19 million ounces. Silver reserves and resources were calculated using prices of $20.00 and $25.00 per ounce, respectively.

¹Includes measured, indicated and inferred resources

Gold Reserve Sensitivity

A $100 increase in gold price would result in an approximate 4% increase in gold reserves while a $100 decrease in gold price would result in an approximate 13% decrease in gold reserves. (See graph in photo three.)

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.

Exploration Planned Activity

Newmont’s 2015 attributable exploration budget is $195 million, with about 35% North America and 20% to South America, and the balance split between Asia Pacific, Africa and other locations. Of the total attributable exploration budget approximately 80% is expected to be focused on near mine and brownfields exploration activities, with the balance targeted on greenfields programs.

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 mineralized 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 note at the end of the release.

We publish reserves and resources annually, and will recalculate reserves and resources at year-end 2015, 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 2015.


Attributable Proven, Probable, and Combined Gold Reserves^(1), U.S. Units
December 31, 2014																						December 31, 2013
Deposits/Districts		Proven Reserves						Probable Reserves						Proven and Probable Reserves						Metallurgical Recovery		Proven + Probable Reserves
Deposits/Districts	Newmont Share	Tonnage		Grade		Gold		Tonnage		Grade		Gold		Tonnage		Grade		Gold				Tonnage		Grade		Gold
		(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 Open Pits, Nevada	100%		69,800		0.055		3,830		174,500		0.030		5,260		244,300		0.037		9,090		78%		271,600		0.036		9,730
Carlin Underground, Nevada	100%		17,500		0.263		4,610		5,800		0.243		1,420		23,300		0.258		6,030		84%		23,900		0.252		6,010
Carlin In-Process, Nevada⁽⁵⁾	100%		20,200		0.014		290		-				-		20,200		0.014		290		59%		19,100		0.019		360
Carlin Stockpiles, Nevada⁽⁶⁾	100%		26,800		0.058		1,550		-				-		26,800		0.058		1,550		80%		30,700		0.055		1,680
Total Carlin, Nevada			134,300		0.076		10,280		180,300		0.037		6,680		314,600		0.054		16,960		80%		345,300		0.051		17,780
Phoenix, Nevada	100%		19,200		0.019		370		303,500		0.017		5,140		322,700		0.017		5,510		72%		335,800		0.017		5,660
Phoenix Stockpiles, Nevada⁽⁶⁾	100%		-				-		3,300		0.027		90		3,300		0.027		90		77%		3,400		0.028		90
Lone Tree In-Process, Nevada⁽⁵⁾	100%		1,600		0.005		10		-				-		1,600		0.005		10		25%		2,000		0.005		10
Lone Tree Stockpiles, Nevada⁽⁶⁾	100%		500		0.017		10		-				-		500		0.017		10		25%		4,200		0.017		70
Total Phoenix, Nevada			21,300		0.018		390		306,800		0.017		5,230		328,100		0.017		5,620		71%		345,400		0.017		5,830
Twin Creeks, Nevada	100%		5,400		0.118		640		28,200		0.054		1,510		33,600		0.064		2,150		74%		39,400		0.060		2,360
Turquoise Ridge, Nevada⁽⁴⁾	25%		1,700		0.507		860		1,300		0.475		630		3,000		0.493		1,490		92%		3,300		0.517		1,690
Midas, Nevada ⁽²⁾	100%		-				-		-				-		-				-	-			250		0.093		30
Twin Creeks In-Process, Nevada⁽⁵⁾	100%		2,200		0.011		20		-				-		2,200		0.011		20		70%		1,300		0.018		20
Twin Creeks Stockpiles, Nevada⁽⁶⁾	100%		36,100		0.065		2,340		-				-		36,100		0.065		2,340		67%		33,900		0.067		2,280
Total Twin Creeks, Nevada			45,400		0.085		3,860		29,500		0.072		2,140		74,900		0.080		6,000		75%		78,150		0.082		6,380
Long Canyon, Nevada ⁽³⁾	100%		-				-		18,400		0.067		1,230		18,400		0.067		1,230		76%		15,700		0.065		1,010
La Herradura, Mexico⁽²⁾	44%		-				-		-				-		-				-	-			109,400		0.020		2,180
TOTAL NORTH AMERICA			201,000		0.072		14,530		535,000		0.029		15,280		736,000		0.040		29,810		77%		893,950		0.037		33,180
South America
Conga, Peru⁽³⁾	51.35%		-				-		303,400		0.021		6,460		303,400		0.021		6,460		75%		303,400		0.021		6,460
Yanacocha Open Pits	51.35%		17,600		0.023		410		70,100		0.019		1,310		87,700		0.020		1,720		70%		94,800		0.024		2,290
Yanacocha In-Process⁽⁵⁾	51.35%		12,800		0.021		270		-				-		12,800		0.021		270		67%		9,100		0.020		190
Yanacocha Stockpiles⁽⁶⁾	51.35%		8,700		0.058		500		-				-		8,700		0.058		500		67%		8,800		0.054		480
Total Yanacocha, Peru			39,100		0.030		1,180		70,100		0.019		1,310		109,200		0.023		2,490		69%		112,700		0.026		2,960
La Zanja, Peru ⁽⁷⁾	46.94%		2,200		0.021		50		3,600		0.020		70		5,800		0.021		120		66%		8,700		0.021		170
Merian, Suriname⁽⁸⁾	75%		-				-		104,700		0.034		3,610		104,700		0.034		3,610		93%		95,500		0.035		3,390
TOTAL SOUTH AMERICA			41,300		0.030		1,230		481,800		0.024		11,450		523,100		0.024		12,680		79%		520,300		0.025		12,980
Australia/New Zealand
Boddington, Western Australia	100%		115,800		0.021		2,440		418,300		0.020		8,550		534,100		0.021		10,990		81%		616,100		0.020		12,590
Boddington Stockpiles	100%		26,400		0.016		430		58,200		0.013		750		84,600		0.014		1,180		79%		69,800		0.014		980
Total Boddington, Western Australia			142,200		0.020		2,870		476,500		0.020		9,300		618,700		0.020		12,170		81%		685,900		0.020		13,570
Duketon, Western Australia⁽⁹⁾	19.45%		2,300		0.033		80		12,800		0.030		380		15,100		0.030		460		91%		13,200		0.040		530
Jundee, Western Australia⁽²⁾	100%		-				-		-				-		-				-		-		3,300		0.124		410
Kalgoorlie Open Pit and Underground	50%		9,300		0.058		540		27,400		0.056		1,540		36,700		0.057		2,080		85%		41,500		0.057		2,350
Kalgoorlie Stockpiles⁽⁶⁾	50%		61,400		0.023		1,400		-				-		61,400		0.023		1,400		76%		59,700		0.023		1,370
Total Kalgoorlie, Western Australia			70,700		0.027		1,940		27,400		0.056		1,540		98,100		0.035		3,480		81%		101,200		0.037		3,720
Tanami, Northern Territory	100%		6,000		0.178		1,070		13,600		0.165		2,240		19,600		0.169		3,310		94%		17,800		0.169		3,010
Waihi, New Zealand	100%		-				-		2,200		0.161		360		2,200		0.161		360		89%		2,200		0.098		220
TOTAL AUSTRALIA NEW ZEALAND			221,200		0.027		5,960		532,500		0.026		13,820		753,700		0.026		19,780		84%		823,600		0.026		21,460
Indonesia
Batu Hijau Open Pit ⁽¹⁰⁾	48.5%		150,100		0.015		2,320		71,100		0.008		540		221,200		0.013		2,860		76%		263,100		0.011		3,000
Batu Hijau Stockpiles ^(6)(10)	48.5%		-				-		157,900		0.003		480		157,900		0.003		480		66%		138,200		0.003		430
TOTAL INDONESIA			150,100		0.015		2,320		229,000		0.004		1,020		379,100		0.009		3,340		74%		401,300		0.009		3,430
Africa
Ahafo Open Pits⁽¹¹⁾	100%		10,700		0.061		650		122,000		0.060		7,280		132,700		0.060		7,930		88%		134,800		0.062		8,330
Ahafo Underground⁽³⁾	100%		-		-		-		4,900		0.129		630		4,900		0.129		630		91%		4,900		0.129		630
Ahafo Stockpiles⁽⁶⁾	100%		43,100		0.031		1,350		-				-		43,100		0.031		1,350		86%		37,300		0.031		1,160
Total Ahafo, Ghana			53,800		0.037		2,000		126,900		0.062		7,910		180,700		0.055		9,910		88%		177,000		0.057		10,120
Akyem Open Pit	100%		28,400		0.052		1,470		97,300		0.048		4,720		125,700		0.049		6,190		88%		137,800		0.049		6,810
Akyem Stockpiles ⁽⁶⁾	100%		8,500		0.057		480		-				-		8,500		0.057		480		90%		5,500		0.068		370
Total, Akyem, Ghana ⁽¹²⁾			36,900		0.053		1,950		97,300		0.048		4,720		134,200		0.050		6,670		88%		143,300		0.050		7,180
TOTAL AFRICA			90,700		0.044		3,950		224,200		0.056		12,630		314,900		0.053		16,580		88%		320,300		0.054		17,300
TOTAL NEWMONT WORLDWIDE			704,300		0.040		27,990		2,002,500		0.027		54,200		2,706,800		0.030		82,190		81%		2,959,450		0.030		88,350
(1) 2014 reserves are calculated at a gold price of $1,300, A$1,415 or NZ$1,735 per ounce unless otherwise noted. 2013 reserves were calculated at a gold price of $1,300, A$1,415 or NZ$1,675 per ounce unless otherwise noted. Tonnage amounts have been rounded to the nearest 100,000 unless they are less than 50,000. (2) Midas sold to Klondex Mines on February 11, 2014. Jundee sold to Northern Star Resources on July 1, 2014. Stake in La Herradura sold to Fresnillo plc on October 7, 2014. Values in the table above are as of December 31, 2014. (3) Project is currently undeveloped. (4) Reserve estimates provided by Barrick, the operator of the Turquoise Ridge Joint Venture. (5) In-process material is the material on leach pads at the end of the year from which gold remains to be recovered. (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. (7) Reserve estimates were provided by Buenaventura, the operator of the La Zanja project. (8) Project is under construction, percentage reflects Newmont’s interest as of December 31, 2014. Newmont’s ownership as of December 31, 2013 was 80%. (9) Reserve estimates provided by Regis Resources Ltd., in which Newmont holds a 19.45% interest. (10) Percentage reflects Newmont’s economic interest as of December 31, 2014. (11) Includes undeveloped reserves at 7 pits totaling 3.2 million ounces. (12) Project reached commercial production in November 2013.


Attributable Proven, Probable, and Combined Gold Reserves⁽¹⁾, Metric Units
December 31, 2014																						December 31, 2013
Deposits/Districts		Proven Reserves						Probable Reserves						Proven and Probable Reserves						Metallurgical Recovery		Proven + Probable Reserves
	Newmont Share	Tonnage		Grade		Gold		Tonnage		Grade		Gold		Tonnage		Grade		Gold				Tonnage		Grade		Gold
		(x1000 tonnes)		(g/tonne)		(x1000 ozs)		(x1000 tonnes)		(g/tonne)		(x1000 ozs)		(x1000 tonnes)		(g/tonne)		(x1000 ozs)				(x1000 tonnes)		(g/tonne)		(x1000 ozs)
North America
Carlin Open Pits, Nevada	100%		63,400		1.88		3,830		158,300		1.03		5,260		221,700		1.27		9,090		78%		246,300		1.23		9,730
Carlin Underground, Nevada	100%		15,900		9.02		4,610		5,300		8.33		1,420		21,200		8.84		6,030		84%		21,600		8.63		6,010
Carlin In-Process, Nevada⁽⁵⁾	100%		18,320		0.49		290		-				-		18,320		0.49		290		59%		17,300		0.65		360
Carlin Stockpiles, Nevada⁽⁶⁾	100%		24,360		1.98		1,550		-				-		24,360		1.98		1,550		80%		27,800		1.88		1,680
Total Carlin, Nevada			121,980		2.62		10,280		163,600		1.27		6,680		285,580		1.85		16,960		80%		313,000		1.77		17,780
Phoenix, Nevada	100%		17,400		0.65		370		275,400		0.58		5,140		292,800		0.58		5,510		72%		304,600		0.58		5,660
Phoenix Stockpiles, Nevada⁽⁶⁾	100%		-				-		3,000		0.93		90		3,000		0.93		90		77%		3,100		0.95		90
Lone Tree In-Process, Nevada⁽⁵⁾	100%		1,500		0.17		10		-				-		1,500		0.17		10		25%		1,800		0.17		10
Lone Tree Stockpiles, Nevada⁽⁶⁾	100%		500		0.58		10		-				-		500		0.58		10		25%		3,800		0.58		70
Total Phoenix, Nevada			19,400		0.61		390		278,400		0.58		5,230		297,800		0.59		5,620		71%		313,300		0.58		5,830
Twin Creeks, Nevada	100%		4,900		4.04		640		25,600		1.84		1,510		30,500		2.19		2,150		74%		35,700		2.05		2,360
Turquoise Ridge, Nevada⁽⁴⁾	25%		1,500		17.39		860		1,200		16.29		630		2,700		16.91		1,490		92%		3,000		17.73		1,690
Midas, Nevada ⁽²⁾	100%		-				-		-				-		-				-				240		3.19		30
Twin Creeks In-Process, Nevada⁽⁵⁾	100%		2,000		0.38		20		-				-		2,000		0.38		20		70%		1,200		0.62		20
Twin Creeks Stockpiles, Nevada⁽⁶⁾	100%		32,800		2.22		2,340		-				-		32,800		2.22		2,340		67%		30,800		2.30		2,280
Total Twin Creeks, Nevada			41,200		2.91		3,860		26,800		2.48		2,140		68,000		2.74		6,000		75%		70,940		2.80		6,380
Long Canyon, Nevada ⁽³⁾	100%		-				-		16,700		2.29		1,230		16,700		2.29		1,230		76%		14,200		2.22		1,010
La Herradura, Mexico	44%		-				-		-				-		-				-				99,200		0.68		2,180
TOTAL NORTH AMERICA			182,580		2.47		14,530		485,500		0.98		15,280		668,080		1.39		29,810		77%		810,640		1.27		33,180
South America
Conga, Peru⁽³⁾	51.35%		-				-		275,200		0.73		6,460		275,200		0.73		6,460		75%		275,200		0.73		6,460
Yanacocha Open Pits	51.35%		16,000		0.80		410		63,600		0.64		1,310		79,600		0.67		1,720		70%		85,900		0.83		2,290
Yanacocha In-Process⁽⁵⁾	51.35%		11,600		0.72		270		-				-		11,600		0.72		270		67%		8,300		0.70		190
Yanacocha Stockpiles⁽⁶⁾	51.35%		7,900		1.98		500		-				-		7,900		1.98		500		67%		8,000		1.86		480
Total Yanacocha, Peru			35,500		1.03		1,180		63,600		0.64		1,310		99,100		0.78		2,490		69%		102,200		0.90		2,960
La Zanja, Peru ⁽⁷⁾	46.94%		2,000		0.73		50		3,300		0.69		70		5,300		0.70		120		66%		7,900		0.70		170
Merian, Suriname⁽⁸⁾	75%		-				-		95,000		1.18		3,610		95,000		1.18		3,610		93%		86,600		1.22		3,390
TOTAL SOUTH AMERICA			37,500		1.02		1,230		437,100		0.82		11,450		474,600		0.83		12,680		79%		471,900		0.86		12,980
Australia/New Zealand
Boddington, Western Australia	100%		105,100		0.72		2,440		379,500		0.70		8,550		484,600		0.71		10,990		81%		559,000		0.70		12,590
Boddington Stockpiles⁽⁶⁾	100%		24,000		0.56		430		52,800		0.44		750		76,800		0.48		1,180		79%		63,300		0.48		980
Total Boddington, Western Australia			129,100		0.69		2,870		432,300		0.67		9,300		561,400		0.67		12,170		81%		622,300		0.68		13,570
Duketon, Western Australia⁽⁹⁾	19.45%		2,100		1.13		80		11,600		1.01		380		13,700		1.03		460		91%		12,000		1.38		530
Jundee, Western Australia	100%		-				-		-				-		-				-		-		3,000		4.26		410
Kalgoorlie Open Pit and Underground	50%		8,400		1.99		540		24,900		1.93		1,540		33,300		1.94		2,080		85%		37,600		1.94		2,350
Kalgoorlie Stockpiles⁽⁶⁾	50%		55,700		0.78		1,400		-				-		55,700		0.78		1,400		76%		54,200		0.79		1,370
Total Kalgoorlie, Western Australia			64,100		0.94		1,940		24,900		1.93		1,540		89,000		1.22		3,480		81%		91,800		1.26		3,720
Tanami, Northern Territory	100%		5,400		6.12		1,070		12,300		5.66		2,240		17,700		5.80		3,310		94%		16,200		5.81		3,010
Waihi, New Zealand	100%		-				-		2,000		5.52		360		2,000		5.52		360		89%		2,000		3.36		220
TOTAL AUSTRALIA NEW ZEALAND			200,700		0.92		5,960		483,100		0.89		13,820		683,800		0.90		19,780		84%		747,300		0.89		21,460
Indonesia
Batu Hijau Open Pit ⁽¹⁰⁾	48.5%		136,100		0.53		2,320		64,500		0.26		540		200,600		0.44		2,860		76%		238,700		0.39		3,000
Batu Hijau Stockpiles ^(6)(10)	48.5%		-				-		143,200		0.10		480		143,200		0.10		480		66%		125,300		0.11		430
TOTAL INDONESIA			136,100		0.53		2,320		207,700		0.15		1,020		343,800		0.30		3,340		74%		364,000		0.29		3,430
Africa
Ahafo Open Pits⁽¹¹⁾	100%		9,700		2.08		650		110,600		2.05		7,280		120,300		2.05		7,930		88%		122,300		2.12		8,330
Ahafo Underground⁽³⁾	100%		-				-		4,400		4.43		630		4,400		4.43		630		91%		4,400		4.43		630
Ahafo Stockpiles⁽⁶⁾	100%		39,100		1.07		1,350		-				-		39,100		1.07		1,350		86%		33,800		1.07		1,160
Total Ahafo, Ghana			48,800		1.27		2,000		115,000		2.14		7,910		163,800		1.88		9,910		88%		160,500		1.96		10,120
Akyem Open Pit	100%		25,800		1.77		1,470		88,300		1.66		4,720		114,100		1.69		6,190		88%		125,000		1.69		6,810
Akyem Stockpiles ⁽⁶⁾	100%		7,700		1.94		480		-				-		7,700		1.94		480		90%		5,000		2.32		370
Total, Akyem, Ghana ⁽¹²⁾			33,500		1.81		1,950		88,300		1.66		4,720		121,800		1.70		6,670		88%		130,000		1.72		7,180
TOTAL AFRICA			82,300		1.49		3,950		203,300		1.93		12,630		285,600		1.80		16,580		88%		290,500		1.85		17,300
TOTAL NEWMONT WORLDWIDE			639,180		1.36		27,990		1,816,700		0.93		54,200		2,455,880		1.04		82,190		81%		2,684,340		1.02		88,350
See Footnotes under Gold Reserves U.S. units table.


Attributable Gold Mineral Resources⁽¹⁾⁽²⁾ - December 31, 2014, U.S. Units
			Gold Measured Resource						Gold Indicated Resource						Gold Measured + Indicated Resource⁽⁴⁾						Gold Inferred Resource
Deposits/Districts	Newmont Share		Tonnage		Grade		Au		Tonnage		Grade		Au		Tonnage		Grade		Au		Tonnage		Grade		Au
Deposits/Districts	Newmont 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, Nevada		100%		27,700		0.035		970		54,200		0.023		1,260		81,900		0.027		2,230		11,100		0.019		210
Carlin Trend Underground, Nevada		100%		700		0.143		100		2,200		0.264		570		2,900		0.235		670		3,200		0.251		800
Total Carlin, Nevada				28,400		0.037		1,070		56,400		0.033		1,830		84,800		0.034		2,900		14,300		0.071		1,010
Phoenix, Nevada		100%		1,600		0.020		30		47,900		0.018		890		49,500		0.019		920		40,100		0.015		600
Lone Tree Complex, Nevada		100%		-				-		2,200		0.023		50		2,200		0.023		50		5,500		0.016		90
Buffalo Valley, Nevada		70%		-				-		15,500		0.019		290		15,500		0.019		290		400		0.011		-
Phoenix Stockpiles, Nevada⁽⁶⁾		100%		-				-		-				-		-				-		2,300		0.043		100
Total Phoenix, Nevada				1,600		0.020		30		65,600		0.019		1,230		67,200		0.019		1,260		48,300		0.016		790
Twin Creeks, Nevada		100%		8,800		0.071		630		29,700		0.055		1,630		38,500		0.059		2,260		1,300		0.024		30
Sandman, Nevada		100%		-				-		1,300		0.036		50		1,300		0.036		50		1,100		0.054		60
Turquoise Ridge, Nevada⁽⁵⁾		25%		700		0.511		370		400		0.450		160		1,100		0.490		530		800		0.530		400
Twin Creeks Stockpiles, Nevada⁽⁶⁾		100%		5,900		0.061		360		-				-		5,900		0.061		360		-				-
Total Twin Creeks, Nevada				15,400		0.088		1,360		31,400		0.059		1,840		46,800		0.068		3,200		3,200		0.153		490
Long Canyon, Nevada⁽³⁾		100%		100		0.075		10		4,800		0.101		480		4,900		0.101		490		20,300		0.087		1,750
Total North America				45,500		0.054		2,470		158,200		0.034		5,380		203,700		0.039		7,850		86,100		0.047		4,040
South America
Conga, Peru⁽³⁾		51.35%		-		-		-		89,300		0.012		1,030		89,300		0.012		1,030		130,500		0.011		1,480
Yanacocha, Peru		51.35%		1,300		0.036		50		44,800		0.015		680		46,100		0.016		730		112,000		0.024		2,640
La Zanja, Peru ⁽⁷⁾		46.94%		300		0.012		-		600		0.012		10		900		0.012		10		700		0.022		20
Merian, Suriname⁽⁹⁾		75%		2,400		0.018		40		18,700		0.027		510		21,100		0.026		550		29,700		0.029		870
Total South America				4,000		0.023		90		153,400		0.015		2,230		157,400		0.015		2,320		272,900		0.018		5,010
Australia/ New Zealand
Boddington, Western Australia		100%		10,800		0.013		140		139,400		0.015		2,120		150,200		0.015		2,260		5,200		0.017		90
Duketon, Western Australia⁽⁸⁾		19.45%		800		0.032		20		15,200		0.026		400		16,000		0.026		420		7,100		0.030		210
Kalgoorlie, Western Australia		50%		6,000		0.043		260		20,100		0.044		890		26,100		0.044		1,150		700		0.066		40
McPhilliamys, New South Wales⁽⁸⁾		19.45%		-				-		14,800		0.027		410		14,800		0.027		410		800		0.029		20
Tanami, Northern Territory		100%		500		0.166		90		2,900		0.164		480		3,400		0.164		570		10,100		0.174		1,760
Waihi, New Zealand		100%		-				-		-				-		-				-		100		0.317		40
Total Australia/ New Zealand				18,100		0.028		510		192,400		0.022		4,300		210,500		0.023		4,810		24,000		0.090		2,160
Indonesia
Batu Hijau, Indonesia⁽⁹⁾		48.5%		35,600		0.012		420		112,100		0.007		830		147,700		0.008		1,250		13,800		0.002		30
Elang, Indonesia⁽³⁾⁽⁹⁾		48.5%		-				-		789,200		0.010		8,140		789,200		0.010		8,140		200,600		0.007		1,420
Total Indonesia				35,600		0.012		420		901,300		0.010		8,970		936,900		0.010		9,390		214,400		0.007		1,450
Africa
Ahafo, Ghana		100.0%		6,100		0.048		290		48,100		0.041		1,990		54,200		0.042		2,280		22,000		0.047		1,040
Ahafo Underground		100.0%		-		-		-		-				-		-				-		16,000		0.135		2,160
Total Ahafo				6,100		0.048		290		48,100		0.041		1,990		54,200		0.042		2,280		38,100		0.084		3,200
Akyem, Ghana		100.0%		1,100		0.020		20		3,900		0.016		60		5,000		0.016		80		3,100		0.031		100
Total Africa				7,200		0.043		310		52,000		0.040		2,050		59,200		0.040		2,360		41,200		0.080		3,300
TOTAL NEWMONT WORLDWIDE				110,400		0.034		3,800		1,457,300		0.016		22,930		1,567,700		0.017		26,730		638,600		0.025		15,960
⁽¹⁾ Resources are reported exclusive of reserves. ⁽²⁾ Resources are calculated at a gold price of $1,400, A$1,475 or NZ$1,795 per ounce unless otherwise noted. 2013 Resources were calculated at a gold price of $1,400, A$1,475 or NZ$1,700 per ounce unless otherwise noted. Tonnage amounts have been rounded to the nearest 100,000, and ounces have been rounded to the nearest 10,000. ⁽³⁾ Project is currently undeveloped. ⁽⁴⁾ Measured and Indicated Resources (combined) are equivalent to Mineralized Material disclosed in Newmont’s 10-K filing. ⁽⁵⁾ Resource estimates provided by Barrick, the operator of the Turquoise Ridge Joint Venture. ⁽⁶⁾ Stockpiles are comprised primarily of material that has been set aside to allow processing of higher grade material in the mills. ⁽⁷⁾ Resource estimates provided by Buenaventura, the operator of the La Zanja project. ⁽⁸⁾ Resource estimates provided by Regis Resources Ltd., in which Newmont holds a 19.45% interest. ⁽⁹⁾ Percentage reflects Newmont’s economic interest as of December 31, 2014.


Attributable Gold Mineral Resources⁽¹⁾⁽²⁾ - December 31, 2014, Metric units
			Gold Measured Resource						Gold Indicated Resource						Gold Measured + Indicated Resource⁽⁴⁾						Gold Inferred Resource
Deposits/Districts	Newmont Share		Tonnage		Grade		Au		Tonnage		Grade		Au		Tonnage		Grade		Au		Tonnage		Grade		Au
Deposits/Districts	Newmont Share		(x1000 tonnes)		(g/tonne)		(x1000 ozs)		(x1000 tonnes)		(g/tonne)		(x1000 ozs)		(x1000 tonnes)		(g/tonne)		(x1000 ozs)		(x1000 tonnes)		(g/tonne)		(x1000 ozs)
North America
Carlin Trend Open Pit, Nevada		100%		25,100		1.19		970		49,100		0.80		1,260		74,200		0.93		2,230		10,100		0.66		210
Carlin Trend Underground, Nevada		100%		600		4.89		100		2,000		9.04		570		2,600		8.07		670		2,900		8.61		800
Total Carlin, Nevada				25,700		1.28		1,070		51,100		1.12		1,830		76,800		1.17		2,900		13,000		2.43		1,010
Phoenix, Nevada		100%		1,400		0.69		30		43,500		0.63		890		44,900		0.64		920		36,300		0.52		600
Lone Tree Complex, Nevada		100%		-				-		2,000		0.79		50		2,000		0.79		50		5,000		0.55		90
Buffalo Valley, Nevada		70%		-				-		14,100		0.65		290		14,100		0.65		290		400		0.38		-
Phoenix Stockpiles, Nevada⁽⁶⁾		100%		-				-		-				-		-				-		2,100		1.48		100
Total Phoenix, Nevada				1,400		0.69		30		59,600		0.64		1,230		61,000		0.64		1,260		43,800		0.57		790
Twin Creeks, Nevada		100%		8,000		2.44		630		26,900		1.88		1,630		34,900		2.01		2,260		1,200		0.83		30
Sandman, Nevada		100%		-				-		1,200		1.23		50		1,200		1.23		50		1,000		1.85		60
Turquoise Ridge, Nevada⁽⁵⁾		25%		700		17.51		370		300		15.42		160		1,000		16.81		530		700		18.17		400
Twin Creeks Stockpiles, Nevada⁽⁶⁾		100%		5,400		2.08		360		-				-		5,400		2.08		360		-				-
Total Twin Creeks, Nevada				14,100		3.01		1,360		28,400		2.01		1,840		42,500		2.34		3,200		2,900		5.24		490
Long Canyon, Nevada⁽³⁾		100%		100		2.58		10		4,300		3.48		480		4,400		3.46		490		18,400		2.97		1,750
Total North America				41,300		1.85		2,470		143,400		1.17		5,380		184,700		1.32		7,850		78,100		1.61		4,040
South America
Conga, Peru⁽³⁾		51.35%		-		-		-		81,000		0.40		1,030		81,000		0.40		1,030		118,400		0.39		1,480
Yanacocha, Peru		51.35%		1,200		1.24		50		40,600		0.52		680		41,800		0.54		730		101,600		0.81		2,640
La Zanja, Peru ⁽⁷⁾		46.94%		200		0.40		-		500		0.41		10		700		0.41		10		600		0.77		20
Merian, Suriname⁽⁹⁾		75%		2,200		0.60		40		16,900		0.93		510		19,100		0.89		550		27,000		1.00		870
Total South America				3,600		0.80		90		139,000		0.50		2,230		142,600		0.50		2,320		247,600		0.63		5,010
Australia/New Zealand
Boddington, Western Australia		100%		9,800		0.46		140		126,400		0.52		2,120		136,200		0.52		2,260		4,800		0.57		90
Duketon, Western Australia⁽⁸⁾		19.45%		700		1.11		20		13,800		0.90		400		14,500		0.91		420		6,500		1.03		210
Kalgoorlie, Western Australia		50%		5,400		1.48		260		18,200		1.52		890		23,600		1.51		1,150		600		2.27		40
McPhilliamys, New South Wales⁽⁸⁾		19.45%		-				-		13,500		0.94		410		13,500		0.94		410		800		0.98		20
Tanami, Northern Territory		100%		500		5.68		90		2,700		5.62		480		3,200		5.63		570		9,200		5.97		1,760
Waihi, New Zealand		100%		-				-		-				-		-				-		100		10.86		40
Total Australia/New Zealand				16,400		0.98		510		174,600		0.76		4,300		191,000		0.78		4,810		22,000		3.08		2,160
Indonesia
Batu Hijau, Indonesia⁽⁹⁾		48.5%		32,300		0.40		420		101,700		0.25		830		134,000		0.29		1,250		12,500		0.09		30
Elang, Indonesia⁽³⁾⁽⁹⁾		48.5%		-				-		715,900		0.35		8,140		715,900		0.35		8,140		182,000		0.24		1,420
Total Indonesia				32,300		0.40		420		817,600		0.34		8,970		849,900		0.34		9,390		194,500		0.23		1,450
Africa
Ahafo, Ghana		100.0%		5,500		1.64		290		43,600		1.42		1,990		49,100		1.45		2,280		20,000		1.61		1,040
Ahafo Underground		100.0%		-				-		-				-		-				-		14,500		4.63		2,160
Total Ahafo		100.0%		5,500		1.64		290		43,600		1.42		1,990		49,100		1.45		2,280		34,500		2.88		3,200
Akyem, Ghana		100.0%		1,000		0.56		20		3,500		0.56		60		4,500		0.56		80		2,800		1.07		100
Total Africa				6,500		1.47		310		47,100		1.36		2,050		53,600		1.37		2,360		37,300		2.75		3,300
TOTAL NEWMONT WORLDWIDE				100,100		1.18		3,800		1,321,700		0.54		22,930		1,421,800		0.58		26,730		579,500		0.86		15,960
See footnotes in Gold Resources U.S. units table.

Attributable Copper Reserves⁽¹⁾ U.S. Units
December 31, 2014																						December 31, 2013
		Proven Reserves						Probable Reserves						Proven + Probable Reserves								Proven + Probable Reserve
Deposits/Districts	Newmont Share	Tonnage		Grade		Copper		Tonnage		Grade		Copper		Tonnage		Grade		Copper		Metallurgical Recovery		Tonnage		Grade		Copper
		(x1000 tons)		(Cu%)		(million pounds)		(x1000 tons)		(Cu%)		(million pounds)		(x1000 tons)		(Cu%)		(million pounds)				(x1000 tons)		(Cu%)		(million pounds)
North America
Phoenix, Nevada	100%		19,200		0.15%		60		305,700		0.14%		880		324,900		0.14%		940		58%		339,100		0.14%		940
Phoenix Copper Leach, Nevada	100%		12,600		0.18%		50		199,100		0.19%		740		211,700		0.19%		790		52%		160,800		0.22%		710
TOTAL NORTH AMERICA			31,800		0.16%		110		504,800		0.16%		1,620		536,600		0.16%		1,730		55%		499,900		0.17%		1,650
South America
Conga, Peru⁽²⁾	51.35%		-				-		303,400		0.28%		1,690		303,400		0.28%		1,690		85%		303,400		0.28%		1,690
TOTAL SOUTH AMERICA			-				-		303,400		0.28%		1,690		303,400		0.28%		1,690		85%		303,400		0.28%		1,690
Australia/New Zealand
Boddington	100%		115,800		0.09%		210		418,300		0.12%		1,010		534,100		0.11%		1,220		77%		616,100		0.11%		1,370
Boddington Stockpiles⁽³⁾	100%		26,400		0.09%		50		58,200		0.08%		90		84,600		0.08%		140		72%		69,800		0.08%		120
TOTAL AUSTRALIA/NEW ZEALAND			142,200		0.09%		260		476,500		0.12%		1,100		618,700		0.11%		1,360		76%		685,900		0.11%		1,490
Indonesia
Batu Hijau⁽⁴⁾	48.5%		150,100		0.51%		1,540		71,100		0.39%		550		221,200		0.47%		2,090		78%		263,100		0.45%		2,380
Batu Hijau Stockpiles⁽³⁾⁽⁴⁾	48.5%		-				-		157,900		0.33%		1,060		157,900		0.33%		1,060		60%		138,200		0.33%		920
TOTAL INDONESIA			150,100		0.51%		1,540		229,000		0.35%		1,610		379,100		0.41%		3,150		72%		401,300		0.41%		3,300
TOTAL NEWMONT WORLDWIDE			324,100		0.29%		1,910		1,513,700		0.20%		6,020		1,837,800		0.22%		7,930		72%		1,890,500		0.22%		8,130
⁽¹⁾ Reserves are calculated at a price of $3.00 or A$3.25 per pound copper price unless otherwise noted. 2013 Reserves were calculated at $3.00 or A$3.25 per pound copper price unless otherwise noted. Tonnage amounts have been rounded to the nearest 100,000, and pounds have been rounded to the nearest 10 million. ⁽²⁾ Project is undeveloped. ⁽³⁾ Stockpiles are comprised primarily of material that has been set aside to allow processing of higher grade material. Stockpiles increase or decrease depending on current mine plans. ⁽⁴⁾ Percentage reflects Newmont’s economic interest as of December 31, 2014.


Attributable Copper Reserves⁽¹⁾ Metric Units
December 31, 2014																						December 31, 2013
		Proven Reserves						Probable Reserves						Proven + Probable Reserves								Proven + Probable Reserve
Deposits/Districts	Newmont Share	Tonnage		Grade		Copper		Tonnage		Grade		Copper		Tonnage		Grade		Copper		Metallurgical Recovery		Tonnage		Grade		Copper
		(x1000 tonnes)		(Cu%)		(Tonnes)		(x1000 tonnes)		(Cu%)		(Tonnes)		(x1000 tonnes)		(Cu%)		(Tonnes)				(x1000 tonnes)		(Cu%)		(Tonnes)
North America
Phoenix, Nevada	100%		17,400		0.15%		25,500		277,300		0.14%		397,400		294,700		0.14%		422,900		58%		307,600		0.14%		428,730
Phoenix Copper Leach, Nevada	100%		11,400		0.18%		20,450		180,600		0.19%		336,990		192,000		0.19%		357,440		52%		145,900		0.22%		320,040
TOTAL NORTH AMERICA			28,800		0.16%		45,950		457,900		0.16%		734,390		486,700		0.16%		780,340		55%		453,500		0.17%		748,770
South America
Conga, Peru⁽²⁾	51.35%		-				-		275,200		0.28%		767,420		275,200		0.28%		767,420		85%		275,200		0.28%		767,420
TOTAL SOUTH AMERICA			-				-		275,200		0.28%		767,420		275,200		0.28%		767,420		85%		275,200		0.28%		767,420
Australia/New Zealand
Boddington	100%		105,100		0.09%		94,590		379,500		0.12%		459,150		484,600		0.11%		553,740		77%		559,000		0.11%		624,430
Boddington Stockpiles⁽³⁾	100%		24,000		0.09%		21,600		52,800		0.08%		42,070		76,800		0.08%		63,670		72%		63,300		0.08%		53,220
TOTAL AUSTRALIA/NEW ZEALAND			129,100		0.09%		116,190		432,300		0.12%		501,220		561,400		0.11%		617,410		76%		622,300		0.11%		677,650
Indonesia
Batu Hijau⁽⁴⁾	48.5%		136,100		0.51%		698,390		64,500		0.39%		248,660		200,600		0.47%		947,050		78%		238,700		0.45%		1,081,140
Batu Hijau Stockpiles⁽³⁾⁽⁴⁾	48.5%		-				-		143,200		0.33%		479,200		143,200		0.33%		479,200		60%		125,300		0.33%		417,690
TOTAL INDONESIA			136,100		0.51%		698,390		207,700		0.35%		727,860		343,800		0.41%		1,426,250		72%		364,000		0.41%		1,498,830
TOTAL NEWMONT WORLDWIDE			294,000		0.29%		860,530		1,373,100		0.20%		2,730,890		1,667,100		0.22%		3,591,420		72%		1,715,000		0.22%		3,692,670
See footnotes under Copper Reserves U.S. units table.


Attributable Copper Mineral Resources⁽¹⁾⁽²⁾U.S. Units
December 31, 2014
		Measured Resources							Indicated Resources							Measured + Indicated Resources⁽³⁾							Inferred Resources
Deposits/Districts	Newmont Share	Tonnage		Grade			Copper		Tonnage		Grade			Copper		Tonnage		Grade			Copper		Tonnage		Grade			Copper
		(x1000 tons)		(Cu%)			(million Pounds)		tons)		(Cu%)			(million Pounds)		(x1000 tons)		(Cu%)			(million Pounds)		(x1000 tons)		(Cu%)			(million Pounds)
North America
Phoenix, Nevada	100%		1,600		0.12	%		4		47,900		0.12	%		110		49,500		0.12	%		114		42,400		0.13	%		110
Phoenix Copper Leach, Nevada	100%		1,200		0.14	%		3		38,400		0.14	%		100		39,600		0.14	%		103		27,300		0.15	%		80
TOTAL NORTH AMERICA			2,800		0.13	%		7		86,300		0.13	%		210		89,100		0.13	%		217		69,700		0.13	%		190
South America
Conga, Peru⁽⁵⁾	51.35%		-					-		89,300		0.19	%		350		89,300		0.19	%		350		130,500		0.19	%		490
TOTAL SOUTH AMERICA			-					-		89,300		0.19	%		350		89,300		0.19	%		350		130,500		0.19	%		490
Australia/New Zealand
Boddington, Western Australia	100%		10,800		0.08	%		20		139,400		0.11	%		310		150,200		0.11	%		330		5,200		0.14	%		10
TOTAL AUSTRALIA/NEW ZEALAND			10,800		0.08	%		20		139,400		0.11	%		310		150,200		0.11	%		330		5,200		0.14	%		10
Indonesia
Batu Hijau, Indonesia⁽⁴⁾	48.5%		35,600		0.38	%		270		112,100		0.35	%		790		147,700		0.36	%		1,060		13,800		0.31	%		80
Elang, Indonesia⁽⁴⁾⁽⁵⁾	48.5%		-		0.00	%		-		789,200		0.34	%		5,310		789,200		0.34	%		5,310		200,600		0.24	%		970
TOTAL INDONESIA			35,600		0.38	%		270		901,300		0.34	%		6,100		936,900		0.34	%		6,370		214,400		0.25	%		1,050
TOTAL NEWMONT WORLDWIDE			49,200		0.30	%		297		1,216,300		0.29	%		6,970		1,265,500		0.29	%		7,267		419,800		0.21	%		1,740
⁽¹⁾ Resources are reported exclusive of reserves. ⁽²⁾ Resources are calculated at a copper price of $3.50 or A$3.70 per pound unless otherwise noted. 2013 Resources were calculated at a copper price of $3.50 or A$3.70 per pound unless otherwise noted. Tonnage amounts have been rounded to the nearest 100,000, and pounds have been rounded to the nearest 10 million, with the exception of Phoenix, Nevada. ⁽³⁾ Measured and Indicated Resources (combined) are equivalent to Mineralized Material disclosed in Newmont’s Form 10-K filing. ⁽⁴⁾ Percentage reflects Newmont’s economic interest as of December 31, 2014. ⁽⁵⁾ Project is undeveloped.


Attributable Copper Mineral Resources⁽¹⁾⁽²⁾ Metric Units
December 31, 2014
		Measured Resources							Indicated Resources							Measured + Indicated Resources⁽³⁾							Inferred Resources
Deposits/Districts	Newmont Share	Tonnage		Grade			Copper		Tonnage		Grade			Copper		Tonnage		Grade			Copper		Tonnage		Grade			Copper
		(x1000 tonnes)		(Cu%)			(tonnes)		(x1000 tonnes)		(Cu%)			(tonnes)		(x1000 tonnes)		(Cu%)			(tonnes)		(x1000 tonnes)		(Cu%)			(tonnes)
North America
Phoenix, Nevada	100%		1,400		0.12	%		1,690		43,500		0.12	%		51,280		44,900		0.12	%		52,970		38,500		0.13	%		48,900
Phoenix Copper Leach, Nevada	100%		1,100		0.14	%		1,510		34,800		0.14	%		47,150		35,900		0.14	%		48,660		24,800		0.15	%		36,090
TOTAL NORTH AMERICA			2,500		0.13	%		3,200		78,300		0.13	%		98,430		80,800		0.13	%		101,630		63,300		0.13	%		84,990
South America
Conga, Peru⁽⁵⁾	51.35%		-					-		81,000		0.19	%		156,960		81,000		0.19	%		156,960		118,400		0.19	%		221,030
TOTAL SOUTH AMERICA			-					-		81,000		0.19	%		156,960		81,000		0.19	%		156,960		118,400		0.19	%		221,030
Australia/New Zealand
Boddington, Western Australia	100%		9,800		0.08	%		8,020		126,400		0.11	%		139,250		136,200		0.11	%		147,270		4,800		0.14	%		6,590
TOTAL AUSTRALIA/NEW ZEALAND			9,800		0.08	%		8,020		126,400		0.11	%		139,250		136,200		0.11	%		147,270		4,800		0.14	%		6,590
Indonesia
Batu Hijau, Indonesia⁽⁴⁾	48.5%		32,300		0.38	%		121,990		101,700		0.35	%		358,230		134,000		0.36	%		480,220		12,500		0.31	%		38,480
Elang, Indonesia⁽⁴⁾	48.5%		-		0.00	%		-		715,900		0.34	%		2,408,370		715,900		0.34	%		2,408,370		182,000		0.24	%		439,250
TOTAL INDONESIA			32,300		0.38	%		121,990		817,600		0.34	%		2,766,600		849,900		0.34	%		2,888,590		194,500		0.25	%		477,730
TOTAL NEWMONT WORLDWIDE			44,600		0.30	%		133,210		1,103,300		0.29	%		3,161,240		1,147,900		0.29	%		3,294,450		381,000		0.21	%		790,340
See footnotes under Copper Resources U.S. units table.


Attributable Proven, Probable, and Combined Silver Reserves⁽¹⁾ U.S. Units
December 31, 2014																						December 31, 2013
Deposits/Districts		Proven Reserves						Probable Reserves						Proven and Probable Reserves						Metallurgical Recovery		Proven and Probable Reserves
	Newmont Share	Tonnage		Grade		Silver		Tonnage		Grade		Silver		Tonnage		Grade		Silver				Tonnage		Grade		Silver
		(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
Midas, Nevada ⁽⁵⁾	100%		-				-		-				-		-				-	-			250		11.48		2,820
Phoenix, Nevada	100%		19,200		0.25		4,860		305,700		0.24		73,740		324,900		0.24		78,600		34%		339,100		0.24		80,280
TOTAL NORTH AMERICA			19,200		0.25		4,860		305,700		0.24		73,740		324,900		0.24		78,600		34%		339,350		0.24		83,100
South America
Conga, Peru⁽⁶⁾	51.35%		-				-		303,400		0.06		19,400		303,400		0.06		19,400		70%		303,400		0.06		19,400
Yanacocha Open Pits, Peru	51.35%		16,100		0.37		5,930		69,300		0.12		8,330		85,400		0.17		14,260		19%		90,400		0.13		11,310
Yanacocha In-Process⁽²⁾	51.35%		-				-		43,200		0.23		10,110		43,200		0.23		10,110		2%		66,300		0.25		16,850
Yanacocha Stockpiles⁽³⁾	51.35%		8,700		1.15		10,010		-				-		8,700		1.15		10,010		30%		8,800		1.21		10,660
Total Yanacocha, Peru	51.35%		24,800		0.64		15,940		112,500		0.16		18,440		137,300		0.25		34,380		17%		165,500		0.23		38,820
TOTAL SOUTH AMERICA			24,800		0.64		15,940		415,900		0.09		37,840		440,700		0.12		53,780		36%		468,900		0.12		58,220
Indonesia
Batu Hijau Open Pit⁽⁴⁾	48.5%		150,100		0.04		6,740		71,100		0.03		2,020		221,200		0.04		8,760		81%		263,100		0.04		9,540
Batu Hijau Stockpiles⁽³⁾⁽⁴⁾	48.5%		-				-		157,900		0.02		2,430		157,900		0.02		2,430		68%		138,200		0.02		2,110
TOTAL INDONESIA			150,100		0.04		6,740		229,000		0.02		4,450		379,100		0.03		11,190		78%		401,300		0.03		11,650
TOTAL NEWMONT WORLDWIDE			194,100		0.14		27,540		950,600		0.12		116,030		1,144,700		0.13		143,570		38%		1,209,550		0.13		152,970
⁽¹⁾ Reserves are calculated at a silver price of $20.00 per ounce unless otherwise noted. 2013 Reserves were calculated at a silver price of $20.00 per ounce unless otherwise noted. Tonnage amounts have been rounded to the nearest 100,000, unless they are less than 50,000, and silver ounces have been rounded to the nearest 10,000. ⁽²⁾ In-process material is the material on leach pads at the end of each year from which gold and silver remains to be recovered. ⁽³⁾ Stockpiles are comprised primarily of material that has been set aside to allow processing of higher grade material in the mills. ⁽⁴⁾ Percentage reflects Newmont’s economic interest as of December 31, 2014. ⁽⁵⁾ Property sold to Klondex Mines on February 11, 2014. Values in the table above are as of December 31, 2014. ⁽⁶⁾ Project is undeveloped.


Attributable Proven, Probable, and Combined Silver Reserves⁽¹⁾Metric Units
December 31, 2014																						December 31, 2013
Deposits/Districts		Proven Reserves						Probable Reserves						Proven and Probable Reserves						Metallurgical Recovery		Proven and Probable Reserves
	Newmont Share	Tonnage		Grade		Silver		Tonnage		Grade		Silver		Tonnage		Grade		Silver				Tonnage		Grade		Silver
		(x1000 tonnes)		(g/tonne)		(x1000 ozs)		(x1000 tonnes)		(g/tonne)		(x1000 ozs)		(x1000 tonnes)		(g/tonne)		(x1000 ozs)				(x1000 tonnes)		(g/tonne)		(x1000 ozs)
North America
Midas, Nevada ⁽⁵⁾	100%		-				-		-				-		-				-	-			240		393.5		2,820
Phoenix, Nevada	100%		17,400		8.7		4,860		277,300		8.3		73,740		294,700		8.3		78,600		34%		307,600		8.1		80,280
TOTAL NORTH AMERICA			17,400		8.7		4,860		277,300		8.3		73,740		294,700		8.3		78,600		34%		307,840		8.4		83,100
South America
Conga, Peru⁽⁶⁾	51.35%		-				-		275,200		2.2		19,400		275,200		2.2		19,400		70%		275,200		2.2		19,400
Yanacocha Open Pits, Peru	51.35%		14,600		12.6		5,930		62,900		4.1		8,330		77,500		5.7		14,260		19%		82,000		4.3		11,310
Yanacocha In-Process⁽²⁾	51.35%		-				-		39,200		8.0		10,110		39,200		8.0		10,110		2%		60,200		8.7		16,850
Yanacocha Stockpiles⁽³⁾	51.35%		7,900		39.4		10,010		-				-		7,900		39.4		10,010		30%		8,000		41.3		10,660
Total Yanacocha, Peru			22,500		22.0		15,940		102,100		5.6		18,440		124,600		8.6		34,380		17%		150,200		8.0		38,820
TOTAL SOUTH AMERICA			22,500		22.0		15,940		377,300		3.1		37,840		399,800		4.2		53,780		36%		425,400		4.3		58,220
Indonesia
Batu Hijau Open Pit⁽⁴⁾	48.5%		136,100		1.5		6,740		64,500		1.0		2,020		200,600		1.4		8,760		81%		238,700		1.2		9,540
Batu Hijau Stockpiles⁽³⁾⁽⁴⁾	48.5%		-				-		143,200		0.5		2,430		143,200		0.5		2,430		68%		125,300		0.5		2,110
TOTAL INDONESIA			136,100		1.5		6,740		207,700		0.7		4,450		343,800		1.0		11,190		78%		364,000		1.0		11,650
TOTAL NEWMONT WORLDWIDE			176,000		4.9		27,540		862,300		4.2		116,030		1,038,300		4.3		143,570		38%		1,097,240		4.3		152,970
See Footnotes under Silver Reserves U.S. units table.


Attributable Silver Mineral Resources⁽¹⁾⁽²⁾ U.S. Units
December 31, 2014
Deposits/Districts		Measured Resources						Indicated Resources						Measured + Indicated Resources⁽³⁾						Inferred Resources
	Newmont Share	Tonnage		Grade		Ag		Tonnage		Grade		Ag		Tonnage		Grade		Ag		Tonnage		Grade		Ag
		(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
Sandman, Nevada	100%		-				-		1,300		0.20		300		1,300		0.20		300		1,100		0.12		100
Phoenix, Nevada	100%		1,600		0.22		300		47,900		0.22		10,600		49,500		0.22		10,900		40,100		0.23		9,300
Phoenix Stockpiles, Nevada⁽⁴⁾	100%		-				-		-				-		-				-		2,300		0.09		200
TOTAL NORTH AMERICA			1,600		0.22		300		49,200		0.22		10,900		50,800		0.22		11,200		43,500		0.22		9,600
South America
Conga, Peru⁽⁶⁾	51.35%		-				-		89,300		0.05		4,200		89,300		0.05		4,200		99,100		0.03		3,300
Yanacocha, Peru	51.35%		800		0.45		400		14,700		0.25		3,700		15,500		0.26		4,100		2,200		0.19		400
TOTAL SOUTH AMERICA			800		0.45		400		104,000		0.08		7,900		104,800		0.08		8,300		101,300		0.04		3,700
Indonesia
Batu Hijau, Indonesia⁽⁵⁾	48.5%		35,600		0.03		1,200		112,100		0.03		3,000		147,700		0.03		4,200		13,800		0.02		300
Elang, Indonesia⁽⁵⁾⁽⁶⁾	48.5%		-				-		789,200		0.03		23,200		789,200		0.03		23,200		200,600		0.03		5,000
TOTAL INDONESIA			35,600		0.03		1,200		901,300		0.03		26,200		936,900		0.03		27,400		214,400		0.02		5,300
TOTAL NEWMONT WORLDWIDE			38,000		0.05		1,900		1,054,500		0.04		45,000		1,092,500		0.04		46,900		359,200		0.05		18,600
⁽¹⁾ Resources are reported exclusive of reserves. ⁽²⁾ Resources are calculated at a silver price of $25.00 per ounce unless otherwise noted. 2013 Resources were calculated at a silver price of $25.00 per ounce unless otherwise noted. Tonnage amounts have been rounded to the nearest 100,000. ⁽³⁾ Measured and Indicated Resources (combined) are equivalent to Mineralized Material disclosed in Newmont’s Form 10-K filing. ⁽⁴⁾ 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. ⁽⁵⁾ Percentage reflects Newmont’s economic interest as of December 31, 2014. ⁽⁶⁾ Project is undeveloped.


Attributable Silver Mineral Resources⁽¹⁾⁽²⁾ Metric Units
December 31, 2014
Deposits/Districts		Measured Resources						Indicated Resources						Measured + Indicated Resources⁽³⁾						Inferred Resources
	Newmont Share	Tonnage		Grade		Ag		Tonnage		Grade		Ag		Tonnage		Grade		Ag		Tonnage		Grade		Ag
		(x1000 tonnes)		(g/tonne)		(x1000 ozs)		(x1000 tonnes)		(g/tonne)		(x1000 ozs)		(x1000 tonnes)		(g/tonne)		(x1000 ozs)		(x1000 tonnes)		(g/tonne)		(x1000 ozs)
North America
Sandman, Nevada	100%		-				-		1,200		6.8		300		1,200		6.8		300		1,000		4.1		100
Phoenix, Nevada	100%		1,400		7.7		300		43,500		7.6		10,600		44,900		7.6		10,900		36,300		8.0		9,300
Phoenix Stockpiles, Nevada⁽⁴⁾	100%		-				-		-				-		-				-		2,100		3.1		200
TOTAL NORTH AMERICA			1,400		7.7		300		44,700		7.6		10,900		46,100		7.6		11,200		39,400		7.6		9,600
South America
Conga, Peru⁽⁶⁾	51.35%		-				-		81,000		1.6		4,200		81,000		1.6		4,200		89,900		1.1		3,300
Yanacocha, Peru	51.35%		700		15.5		400		13,300		8.6		3,700		14,000		8.9		4,100		2,000		6.6		400
TOTAL SOUTH AMERICA			700		15.5		400		94,300		2.6		7,900		95,000		2.7		8,300		91,900		1.2		3,700
Indonesia
Batu Hijau, Indonesia⁽⁵⁾	48.5%		32,300		1.1		1,200		101,700		0.9		3,000		134,000		1.0		4,200		12,500		0.6		300
Elang, Indonesia⁽⁵⁾⁽⁶⁾	48.5%		-				-		715,900		1.0		23,200		715,900		1.0		23,200		182,000		0.9		5,000
TOTAL INDONESIA			32,300		1.1		1,200		817,600		1.0		26,200		849,900		1.0		27,400		194,500		0.8		5,300
TOTAL NEWMONT WORLDWIDE			34,400		1.7		1,900		956,600		1.5		45,000		991,000		1.5		46,900		325,800		1.8		18,600
See Footnotes under Silver Resources U.S. units table.

Cautionary Statement regarding Reserves and Resources:

The “reserves” disclosed in this release have been prepared in compliance with Industry Guide 7 published by the SEC. As used in this news release, the term “reserve” means that part of a mineral deposit that can be economically and legally extracted or produced at the time of the reserve determination. The term “economically,” as used in this definition, means that profitable extraction or production has been established or analytically demonstrated in a feasibility study to be viable and justifiable under reasonable investment and market assumptions. The term “legally,” as used in this definition, does not imply that all permits needed for mining and processing have been obtained or that other legal issues have been completely resolved. However, for a reserve to exist, Newmont must have a justifiable expectation, based on applicable laws and regulations, that issuance of permits or resolution of legal issues necessary for mining and processing at a particular deposit will be accomplished in the ordinary course and in a timeframe consistent with Newmont’s current mine plans. Reserves in this news release are aggregated from the Proven and Probable classes.

The terms “resources” and “Measured, Indicated and Inferred resources” are used in this news release. Investors are advised that the SEC does not recognize these 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 (SME) 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. Also, disclosure of contained ounces is permitted under the SME Guideline and other regulatory guidelines, such as Canada’s NI 43-101 and Australia’s JORC. However, the SEC generally requires mineral resource information in SEC-filed documents to be reported only as in-place tonnage and grade. Investors are reminded that even if significant mineralization is discovered and converted to reserves, during the time necessary to ultimately move such mineralization to production the economic feasibility of production may change. See the Company’s Annual Report for the “Proven and Probable Reserve” and “Mineralized Material” tables prepared in compliance with the SEC’s Industry Guide 7, available at http://www.newmont.com/our-investors/financial-reporting/sec-filings and on www.sec.gov. Investors are reminded that the tables presented in the Annual Report are estimates as of December 31, 2014 and were presented on an attributable basis reflecting the Company’s ownership interest at such time.

Cautionary Statement Regarding Forward Looking Statements:

This release 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, estimates and expectations of future exploration expenditures and activities. 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 or implied by the “forward-looking statements”. For a discussion of such risks relating to our business and other factors, see the Company’s Form 10-K, filed on February 19, 2015, with the Securities and Exchange Commission under the headings “Risk Factors” and “Forward-Looking Statements.” The Company does not undertake any obligation to release publicly revisions to any “forward-looking statement,” including, without limitation, outlook, to reflect events or circumstances after the date of this news release, or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws. Investors should not assume that any lack of update to a previously issued “forward-looking statement” constitutes a reaffirmation of that statement. Continued reliance on “forward-looking statements” is at investors' own risk.

CONTACT:
Newmont Mining Corporation
Investor Contacts
Meredith Bandy, 303-837-5143
meredith.bandy@newmont.com
or
Matt Eichmann, 303-837-5287
matt.eichmann@newmont.com
or
Media Contact:
Omar Jabara, 303-837-5114
omar.jabara@newmont.com

NEWMONT Corp /DE/ - FORM 8-K - EX-99.2 - EXHIBIT 99.2 - February 20, 2015

Attached files

NEWMONT Corp /DE/ Reports