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SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): February 21, 2017 Newmont Mining Corporation (Exact name of registrant as specified in its charter) Delaware (State or Other Jurisdiction of Incorporation) 001-31240 (Commission File Number) 84-1611629 (I.R.S. Employer Identification No.) 6363 South Fiddlers Green Circle, Greenwood Village, CO 80111 (Address of principal executive offices) (zip code) (303) 863-7414 (Registrant's telephone number, including area code) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ⃞ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ⃞ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ⃞ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ⃞ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Not Applicable (Former Name or Former Address, if Changed Since Last Report)
Transcript
Page 1: WASHINGTON, D.C.20549 SECURITIES …d18rn0p25nwr6d.cloudfront.net/CIK-0001164727/b52ed...December 31, 2016. A copy of the news release is furnished as Exhibit 99.2 to this report.

SECURITIESANDEXCHANGECOMMISSIONWASHINGTON,D.C.20549

FORM8-K

CURRENTREPORTPURSUANTTOSECTION13OR15(d)OF

THESECURITIESEXCHANGEACTOF1934

DateofReport(Dateofearliesteventreported):

February21,2017

NewmontMiningCorporation(Exactnameofregistrantasspecifiedinitscharter)

Delaware (StateorOtherJurisdictionofIncorporation)

001-31240

(CommissionFileNumber)

84-1611629(I.R.S.EmployerIdentificationNo.)

6363SouthFiddlersGreenCircle,GreenwoodVillage,CO80111

(Addressofprincipalexecutiveoffices)(zipcode)

(303)863-7414(Registrant'stelephonenumber,includingareacode)

ChecktheappropriateboxbelowiftheForm8-Kfilingisintendedtosimultaneouslysatisfythefilingobligationoftheregistrantunderanyofthefollowingprovisions:

⃞WrittencommunicationspursuanttoRule425undertheSecuritiesAct(17CFR230.425)

⃞SolicitingmaterialpursuanttoRule14a-12undertheExchangeAct(17CFR240.14a-12)

⃞Pre-commencementcommunicationspursuanttoRule14d-2(b)undertheExchangeAct(17CFR240.14d-2(b))

⃞Pre-commencementcommunicationspursuanttoRule13e-4(c)undertheExchangeAct(17CFR240.13e-4(c))

NotApplicable(FormerNameorFormerAddress,ifChangedSinceLastReport)

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ITEM2.02.RESULTSOFOPERATIONSANDFINANCIALCONDITION

OnFebruary21,2017,NewmontMiningCorporation,aDelawarecorporation(the“Company”),issuedanewsreleasereportingitsfourthquarterandfullyear2016operatingandfinancialresults.AcopyofthenewsreleaseisfurnishedasExhibit99.1tothisreport.

Additionally,onFebruary21,2017,theCompanyissuedanewsreleasereportingreserveandresourceestimatesasatDecember31,2016.AcopyofthenewsreleaseisfurnishedasExhibit99.2tothisreport.

ITEM9.01.FINANCIALSTATEMENTSANDEXHIBITS

(d)ExhibitsExhibitNumber DescriptionofExhibit99.1 NewsRelease,datedFebruary21,2017,reportingFourthQuarterandFullYear2016OperatingandFinancialResults99.2 NewsRelease,datedFebruary21,2017,reportingReservesandResources

2

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SIGNATURE

PursuanttotherequirementsoftheSecuritiesandExchangeActof1934,asamended,theRegistranthasdulycausedthisreporttobesignedonitsbehalfbytheundersignedhereuntodulyauthorized.

NewmontMiningCorporation

By: /s/NancyK.BueseName: NancyK.BueseTitle: ExecutiveVicePresidentandChiefFinancial

Officer

Dated: February21,2017

3

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EXHIBITINDEX

ExhibitNumber DescriptionofExhibit

99.1 NewsRelease,datedFebruary21,2017,reportingFourthQuarterandFullYear2016OperatingandFinancialResults

99.2 NewsRelease,datedFebruary21,2017,reportingReservesandResources

4

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Exhibit99.1

NewmontAnnouncesFullYearandFourthQuarter2016Results

DENVER--(BUSINESSWIRE)--February21,2017--NewmontMiningCorporation(NYSE:NEM)(NewmontortheCompany)announcedfullyear2016resultsthatdemonstratedimprovedoperationalandfinancialperformance.ExcludingNewmont’sshareofPTNNTwhichwassoldlastNovember,theCompany:

Netincome(loss):DeliveredGAAPnetincome(loss)attributabletoshareholdersfromcontinuingoperationsof$(220)millionor$(0.41)perdilutedshareandadjustednetincome1of$619millionor$1.16perdilutedshare

EBITDA:Generated$2.4billioninadjustedEBITDA2,up25percentfromtheprioryear

Cashflow:Increasednetcashfromcontinuingoperationsto$1.9billionandmorethandoubledfreecashflow3to$784million

Goldcostsapplicabletosales(CAS):ReportedslightlyhigherCASof$682perounce4reflectinglowergradesatYanacochaandhighernon-cashinventorycostsatYanacochaandAhafo

Goldall-insustainingcosts(AISC)5:LoweredgoldAISCforthefourthconsecutiveyearto$912perounce,ortwopercentlowerthan2015

Attributablegoldproduction:Produced4.9millionouncesofgold,upsevenpercentfromtheprioryear

Portfolioimprovements:BuiltMerianandLongCanyon$200millionbelowbudget;deliveredexpansionsandtheinvestmentcaseatCrippleCreek&Victor;progressedprofitableexpansionsatTanamiandNorthwestExodus;generated$920millioningrosscashproceedsfromthesaleofNewmont’sstakeinPTNNT;andadded10millionouncesofhighergradereservesandresourcesbythedrillbit

Financialstrength:Reducednetdebtto$1.9billion,endingtheyearwith$2.8billioncashonhandandanindustryleadingfinancialprofile

Outlook:Updatingguidancetoincludeprofitablegoldproductionofbetween4.5and5.4millionouncesoverthenextfiveyearsandaleadingprojectpipelinethatsupportslong-termvaluecreation

“WecontinuedtomakeNewmontasaferandmoreprofitablebusinessin2016,withdifferentiatedcashflow,financialstrengthandgrowthprospects,”saidGaryGoldberg,PresidentandChiefExecutiveOfficer.“WeincreasedadjustedEBITDAby25percentto$2.4billionandmorethandoubledfreecashflowtonearly$800milliononthebackofsuperioroperationalperformance.Weinvestedtheseproceedswithaneyetolong-termvaluecreation–buildingtwomines,advancingprofitableexpansionsintheAmericasandAustralia,andaddinghighergradeouncestoourreservebase.WorktooptimizeourportfolioculminatedinthesaleofourPTNNTstakefor$920million.Theseproceedshelpedusretiremorethan$1.3billionindebt,improveourliquidityandincreasedividends.Ourplansfor2017andbeyondremainfocusedonimprovingourunderlyingbusiness,strengtheningourportfolioandcreatingvalueforshareholders.”

______________________________________

1Non-GAAPmeasure.SeeendofreleaseforreconciliationtoNetincome(loss)attributabletoNewmontstockholders.2Non-GAAPmeasure.SeeendofreleaseforreconciliationtoNetincome(loss)attributabletoNewmontstockholders.3Non-GAAPmeasure.SeeendofreleaseforreconciliationtoNetcashprovidedbyoperatingactivities.4Non-GAAPmeasure.SeeendofreleaseforreconciliationtoCostsapplicabletosales.5Non-GAAPmeasure.SeeendofreleaseforreconciliationtoCostsapplicabletosales.

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Fourthquarter2016resultsrepresentedsignificantimprovementsfromtheprioryearquarterexcludingnon-recurringcostsassociatedwithincreasedYanacochaclosureliabilityestimatesandarelatednon-cashimpairmentchargeannouncedonDecember13,2016:

Netincome(loss):DeliveredGAAPnetincome(loss)attributabletoshareholdersfromcontinuingoperationsof$(391)million,or$(0.73)pershare,duetohigherclosureliabilityandimpairmentchargesatYanacochaandadjustednetincomeof$133million,or$0.25pershare,upfrom$(0.03)intheprioryearquarter;

EBITDA:DoubledadjustedEBITDAto$629million

Cashflow:Morethandoublednetcashfromcontinuingoperationsto$590millionandincreasedfreecashflowto$289million

GoldCAS:ReducedgoldCASbyfivepercentto$681perounce

GoldAISC:ReducedAISCby11percentto$918perounce

Attributablegoldproduction:Increasedgoldproductionby17percentto1.3millionounces

Shareholderreturns:Doubledthefourthquarterdividendto$0.05pershare,inlinewithNewmont’simprovedgoldprice-linkeddividendpolicy

FullYearandFourthQuarter2016SummaryResults

GAAPNetincome(loss)attributabletoNewmontstockholdersfromcontinuingoperationswas$(220)million,or$(0.41)persharefortheyear,downfrom$(1)millionfortheprioryear.GAAPNetincome(loss)was$(391)million,or$(0.73)pershareforthefourthquarter,downfrom$(276)millionor$(0.54)pershareintheprioryearquarter.

Adjustednetincomeimproved89percentto$619millionor$1.16perdilutedsharefortheyearwithhighergoldproductionandfavorablepricingmorethanoffsettingslightlyhigherCAS(seebelow).Thisexcludesanon-cashimpairmentchargeatYanacochaof$970millionrelatedtotheincreasedclosurecostswhichextendoverdecadesofreclamation.Newmontcontinuestostudyfurtheroxideandsulfidedevelopmentstodeferorpotentiallylowerthesecosts.Fourthquarteradjustednetincomeof$133million,or$0.25perdilutedsharewasupfrom$(0.03)intheprioryearquarterandalsoexcludedtheclosureliabilityandimpairmentchargesatYanacocha.

Revenuerosetenpercentto$6.7billionfortheyearand23percentto$1.8billionforthequarteronhighergoldsalesandimprovedpricing.

Averagerealizedgoldprice6improvedaround$100to$1,243perounceforthefullyearand$1,193perounceforthefourthquarter,respectively.

Attributablegoldproductionincreasedsevenpercentto4.9millionouncesfortheyearsupportedbynewproductionfromMerianandLongCanyon;afullyearofproductionatCrippleCreek&VictorandCarlin’sTurfVentShaft;andproductivityimprovementsatKalgoorlie.TheseouncesoffsettheimpactsofdecliningproductionatYanacochaandgeotechnicalissuesatCarlin.Fourthquarterproductionimproved17percentto1.3millionounceswithproductionatMerian,LongCanyonandCrippleCreek&VictoroffsettinggradereductionatYanacocha.

GoldCAStotaled$3.5billionfortheyearand$976millionforthequarter.GoldCASperouncerosethreepercentto$682perouncefortheyearandfivepercentto$681perounceforthequarterdueprimarilytolowergradesandhighernon-cashinventorycostsatYanacochaandAhafo.Theseimpactswerepartiallyoffsetbylower-costouncesfromLongCanyon,MerianandCrippleCreek&Victor;andfavorableoilpricesandexchangerates.

GoldAISCimprovedtwopercentto$912perouncefortheyear,onlowersustainingcapitalandnon-cashassetretirementcosts,and11percentto$918perounceforthequarteronlowersustainingcapitalandadvancedprojectsspend.

AttributablecopperproductionfromPhoenixandBoddingtondecreasedfivepercentto54,000tonnesfortheyear;fourthquarterproductionof13,000tonneswaslargelyunchangedfromtheprioryear.

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CopperCAStotaled$225millionfortheyearand$60millionforthequarter.CopperCASperpoundroseeightpercentto$1.95perpoundfortheyear,androseelevenpercentto$1.88perpoundforthequarteronlowervolumes.

CopperAISCrosesevenpercentto$2.30perpoundfortheyear,and11percentto$2.31perpoundforthequarter,onincreasedunitCASandlowervolumes.

Capitalexpenditures7decreased14percentfromtheprioryearand29percentfromthepriorquarterasgrowthprojectssuchasMerianandLongCanyonmovedintocommercialproduction.

Consolidatedoperatingcashflowfromcontinuingoperationsrose21percentto$1.9billionfortheyearandmorethandoubledto$590millionforthequarteronincreasedsalesandimprovedgoldpricing.Freecashflowmorethandoubledto$784millionfortheyearwithlowercapitalexpendituresmorethanoffsettingincreasesinworkingcapital,andincreasedto$289millionforthequarteronimprovedproductionandpricing,CASefficienciesandlowercapital.

BalanceSheetimprovedthrough$1.3billionofdebtrepayment.Newmontendedtheyearwith$2.8billioncashonhand,aleverageratioof0.8xnetdebttoadjustedEBITDAandoneofthebestcreditratingsintheminingsector.TheCompanyiscommittedtomaintaininganinvestmentgradecreditprofile.

____________________________________________

6Non-GAAPmeasure.SeeendofreleaseforreconciliationtoSales.7CapitalexpendituresreferstoAdditionstopropertyplantandminedevelopmentfromthestatementsofconsolidatedcashflows.

Projectsupdate

Newmont’scapital-efficientprojectpipelinesupportsstableproductionwithimprovingmarginsandminelife.Near-termprojectsarepresentedbelow.FundingfortheTanamiExpansionProjecthasbeenapproved.Theremainingprojectsrepresentincrementalimprovementstoproductionandcostguidance.

TanamiExpansion(Australia)includesaseconddeclineinthemineandincrementalcapacityintheplanttoincreaseprofitableproductionandserveasaplatformforfuturegrowth.Theprojectisontracktoreachcommercialproductioninmid-2017andwillmaintainTanami’sannualgoldproductionat425,000to475,000ouncesatAISCofbetween$700and$750perounceforthefirstfiveyearsofproduction.Capitalcostsareestimatedatbetween$100and$120millionwithexpenditureof$30to$50millionin2017.

SubikaUnderground(Africa)leveragesexistinginfrastructureandanoptimizedapproachtodevelopAhafo’smostpromisingundergroundresource.Aprojectdecisionisexpectedinthefirsthalfof2017withfirstproductioninthesecondhalfof2017andcommercialproductionbeginninginlate2018.Theexpansionwouldincreaseaverageannualgoldproductionbybetween150,000and200,000ouncesperyearforthefirstfiveyearsbeginningin2019,withaninitialminelifeofapproximately11years.Capitalcostsfortheprojectareestimatedatbetween$150and$200millionwithexpenditureof$80to$90millionin2017.

AhafoMillExpansion(Africa)isdesignedtomaximizeresourcevaluebyimprovingproductionmarginsandacceleratingstockpileprocessing.TheprojectalsosupportsprofitabledevelopmentofAhafo’shighlyprospectiveundergroundresource.Aprojectdecisionisexpectedinthefirsthalfof2017withfirstproductionbeginningin2019.Theexpansionwouldincreaseaverageannualgoldproductionbybetween75,000and100,000ouncesperyearforthefirstfiveyearsbeginningin2020.Capitalcostsfortheprojectareestimatedatbetween$140and$180millionwithexpenditureofapproximately$40to$50millionin2017.

QuecherMain(SouthAmerica)wouldaddoxideproductionatYanacocha,andserveasabridgetodevelopmentofYanacocha’sconsiderablesulfidedeposits.Aprojectdecisionisexpectedinthesecondhalfof2017withfirstproductionin2019.QuecherextendsthelifeoftheYanacochaoperationto2025withaverageannualgoldproductionofapproximately200,000ouncesperyearbetween2020and2025(100percentbasis).Capitalcostsfortheprojectareestimatedatbetween$275and$325millionwithexpenditureof$5to$10millionin2017.

TwinUnderground(NorthAmerica)isaportalminebeneathTwinCreek’sVistasurfaceminewithsimilarmineralization.Aprojectdecisionisexpectedinthesecondhalfof2017withfirstproductionin2018.Theexpansionwouldaddabout30,000ouncesperyearforthefirstfiveyears.Capitalcostsfortheprojectareestimatedatbetween$10and$20million.

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Outlook

Newmont’soutlookreflectssteadygoldproductionandongoinginvestmentinitscurrentassetsandbestgrowthprospects.InvestmentstoexploreanddeveloppromisingexpansionsandtoaddresspreviouslyannouncedgeotechnicalissuesatCarlinandchangestocostallocationbetweengoldandcopperareexpectedtoslightlyincreasetheCompany’s2017and2018goldcostoutlook.Newmontdoesnotincludepotentialcostandefficiencyimprovementsinitsoutlookbeyond2017,nordoesitincludeprojectsthathavenotyetbeenfundedorreachedtheexecutionstage–bothofwhichrepresentupsidetoguidance.Economicassumptionsinclude$1,200perouncegold,$2.25perpoundcopper,$55perbarrelWTIand$0.75AUD-USDexchangerate.

Attributablegoldproduction—Outlookisinlinewithpreviouslypublishedfive-yearguidanceandexpectedtoincreasetobetween4.9and5.4millionouncesin2017asfullyearproductionatMerianandLongCanyonmorethanoffsetsdeclinesatTwinCreeksandYanacocha.Longer-termproductionofbetween4.5and5.0millionouncesisexpectedwithproductionfromLongCanyonandAhafopartlyoffsettingdeclinesatmaturingassets.ExpansionprojectsatAhafo,YanacochaandTwinCreeksrepresentupsidetobothproductionandcostguidance.

NorthAmericaproductionincreasestobetween2.0and2.2millionouncesin2017withafullyearofoperationsatLongCanyonoffsettingtheimpactofhigherplannedstrippingatTwinCreeks.Productiondeclinesslightlytobetween1.9and2.1millionouncesin2018andbetween1.8and2.0millionouncesin2019duetoplannedstrippingatCarlinandcontinuedstrippingatTwinCreeks.Bothsitesreturntohigherproductionlevelsin2020.

SouthAmericaproductionisexpectedtoincreasefrombetween630,000and690,000ouncesin2017tobetween625,000and725,000ouncesin2018withfullproductionatMerianandthentodecreasetobetween500,000and600,000ouncesin2019duetodecliningproductionfromYanacochaandhigherstrippingatMerian.QuecherMainatYanacocharepresentsadditionalupsidecurrentlynotcapturedinguidance.TheCompanycontinuestoadvanceoxideandsulfidepotentialatYanacocha.

Australiaproductionisexpectedtoremainrelativelystablein2017and2018atbetween1.5and1.7millionouncesdroppingslightlytobetween1.4and1.6millionouncesin2019asBoddingtonstrippingresultsinlowergradesandlowerproductionbeforereturningtohigherproductionlevelsin2020.TheCompanyisstudyingafurtherexpansionatTanamiwhichrepresentsadditionalupsidenotcurrentlycapturedinguidance.

Africaproductionisexpectedtodecreasefrombetween715,000and775,000ouncesin2017tobetween650,000and750,000ouncesin2018assofteroresandhighergradestockpilesaredepletedatAkyem.Productionisthenexpectedtoincreasetobetween825,000and925,000ouncesin2019asAhaforeacheshighergradeoreintheSubikapit.TheCompanycontinuestoadvancetheSubikaUndergroundandAhafoMillExpansionprojectsthatrepresentadditionalupsidecurrentlynotcapturedinguidance.Adecisionontheseprojectsisexpectedinthefirsthalfof2017.

Goldcostoutlook–CASisexpectedtobebetween$700and$750perouncein2017andbetween$700and$800perouncein2018,beforeanyportfolioimprovements.WeexpectlongertermCAStoimproveto$650and$750perounce.AISCisexpectedtobebetween$940and$1,000perouncein2017andbetween$950and$1,050perouncein2018,excludingfurthercostandefficiencyimprovementsexpectedthroughtheCompany’songoingFullPotentialprogram.Longer-termAISCisforecasttoimprovetobetween$880and$980perounceasincreasedproductionfromAhafoandLongCanyon–combinedwithongoingproductivity,costandcapitalimprovements–isexpectedtomorethanoffsetinflationandpartiallycountertheeffectsoflowergrades.

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NorthAmericaCASperounceisexpectedtoincreasefrombetween$705and$755tobetween$750and$850in2018and2019.NorthAmericaAISCperounceisexpectedtoincreasefrombetween$905and$980in2017tobetween$950and$1,050in2018beforeloweringtobetween$930and$1,030in2019.ThecostincreasesarearesultofplannedstrippingatCarlincombinedwithlowergradesatTwinCreeksandCC&V.

SouthAmericaCASperounceisexpectedtodecreasefrombetween$675and$725in2017tobetween$650and$750in2018anddecreaseagaintobetween$575and$675in2019.AISCperounceisexpectedtodecreasefrombetween$880and$980in2017tobetween$850and$950for2018andtobetween$810and$910in2019.CostsdecreaseaslowercostproductionfromMerianreplaceshighercostproductionfromYanacocha.YanacochareacheshighergradeoreinTapadoOestein2019.

AustraliaCASperounceisexpectedtoincreasefrombetween$660and$710in2017tobetween$675and$775in2018and2019.AISCperounceisexpectedtoincreasefrombetween$820and$880tobetween$850and$950in2018and2019.HighercostsarearesultoflowergradesatTanami,lowergradesasaresultofstrippingatBoddingtonandtreatmentofadditionallowergradestockpileoreatKalgoorliein2019.

AfricaCASperounceisexpectedtoincreasefrombetween$780and$830in2017tobetween$800and$900in2018beforefallingtobetween$475and$575in2019.AISCperounceisexpectedtoincreasefrombetween$950and$1,010in2017tobetween$1,000and$1,100in2018beforefallingtobetween$680and$780in2019.CostsincreaseduetoAkyemprocessingharder,lower-gradeore.ThisismorethanoffsetasAhaforeacheshigher-gradeoreintheSubikapitin2019.

Copper—Together,BoddingtonandPhoenixareexpectedtoproducebetween40,000and60,000tonnesofcopperperyearinlinewithpreviousguidanceexcludingBatuHijau.In2017,coppercostsareexpectedtobebetween$1.45and$1.65perpoundCASandbetween$1.85and$2.05perpoundAISC.Longerterm,copperCASisexpectedtoaveragebetween$1.50and$1.90perpoundandAISCisexpectedtoaveragebetween$1.85and$2.15perpound,wellbelowpreviousguidanceduetoashiftinallocationofcostsbetweencopperandgold.

Capital—Totalcapitalisexpectedtobebetween$800and$900millionin2017,coveringtheremainingcapitalforNorthwestExodusandtheTanamiExpansionProject.2017sustainingcapitaloutlookofbetween$600and$700millionrepresentsa24percentreductionfrompreviouslypublishedguidanceduetocostsavingsanddeferrals.NewmontexpectstoreachdevelopmentdecisionsonAhafoMillExpansion,SubikaUnderground,QuecherMainandTwinUndergroundprojectslaterthisyear.Theseprojectsarecurrentlyexcludedfromoutlook.Longer-termsustainingcapitalisexpectedtobeapproximately$600to$700millionperyear.

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Outlooka

Consolidated All-in Consolidated

2017 Consolidated Attributable Consolidated Sustaining TotalCapitalProduction Production CAS Costsb Expenditures

(Koz,Kt) (Koz,Kt) ($/oz,$/lb) ($/oz,$/lb) ($M)NorthAmericaCarlin 935 – 1,000 935 – 1,000 795 – 845 1,030 – 1,090 195 – 215Phoenixc 200 – 220 200 – 220 875 – 925 1,070 – 1,130 25 – 35TwinCreeksd 350 – 380 350 – 380 600 – 650 715 – 765 30 – 40CC&V 400 – 450 400 – 450 610 – 660 730 – 780 30 – 40LongCanyon 130 – 170 130 – 170 445 – 495 470 – 520 10 – 20OtherNorthAmerica 20 – 30Total 2,040 – 2,200 2,040 – 2,200 705 – 755 905 – 980 290 – 370

SouthAmericaYanacochae 530 – 560 260 – 300 845 – 895 1,040 – 1,110 35 – 55Merian 470 – 520 350 – 390 500 – 540 560 – 610 85 – 125OtherSouthAmerica Total 1,000 – 1,080 630 – 690 675 – 725 880 – 980 120 – 175

AustraliaBoddington 735 – 785 735 – 785 740 – 790 870 – 920 85 – 95Tanami 405 – 480 405 – 480 575 – 645 785 – 855 110 – 120Kalgoorlief 375 – 425 375 – 425 585 – 635 665 – 715 15 – 25OtherAustralia Total 1,520 – 1,695 1,520 – 1,695 660 – 710 820 – 880 215 – 250

AfricaAhafo 305 – 335 305 – 335 990 – 1,045 1,135 – 1,215 30 – 45Akyem 405 – 435 405 – 435 625 – 665 745 – 795 30 – 40OtherAfrica Total 715 – 775 715 – 775 780 – 830 950 – 1,010 50 – 80

Corporate/Other 15 – 20TotalGoldg 5,275 – 5,770 4,890 – 5,370 700 – 750 940 – 1,000 800 – 900

Phoenix 10 – 20 10 – 20 1.50 – 1.70 1.95 – 2.15Boddington 30 – 40 30 – 40 1.40 – 1.60 1.75 – 1.95 TotalCopper 40 – 60 40 – 60 1.45 – 1.65 1.85 – 2.05

ConsolidatedExpenseOutlookh

General&Administrative $ 225 – $ 250InterestExpense $ 210 – $ 250DD&A $ 1,325 – $ 1,425ExplorationandProjects $ 325 – $ 375SustainingCapital $ 600 – $ 700TaxRate 28% – 34%

a2017Outlookinthetableaboveareconsidered“forward-lookingstatements”andarebaseduponcertainassumptions,including,butnotlimitedto,metalprices,oilprices,certainexchangeratesandotherassumptions.Forexample,2017Outlookassumes$1,200/ozAu,$2.25/lbCu,$0.75USD/AUDexchangerateand$55/barrelWTI;AISCandCASestimatesdonotincludeinflation,fortheremainderoftheyear.Production,AISCandcapitalestimatesexcludeprojectsthathavenotyetbeenapproved,(TwinUnderground,AhafoMillExpansionandSubikaUnderground).Thepotentialimpactoninventoryvaluationasaresultoflowerprices,inputcosts,andprojectdecisionsarenotincludedaspartofthisOutlook.Suchassumptionsmayprovetobeincorrectandactualresultsmaydiffermateriallyfromthoseanticipated.Seecautionarynoteattheendoftherelease.bAll-insustainingcostsorAISCasusedintheCompany’sOutlookisanon-GAAPmetricdefinedasthesumofcostsapplicabletosales(includingalldirectandindirectcostsrelatedtocurrentgoldproductionincurredtoexecuteonthecurrentmineplan),remediationcosts(includingoperatingaccretionandamortizationofassetretirementcosts),G&A,explorationexpense,advancedprojectsandR&D,treatmentandrefiningcosts,otherexpense,netofone-timeadjustmentsandsustainingcapital.Seereconciliationattheendoftherelease.cIncludesLoneTreeoperations.dIncludesTRJVoperations.eConsolidatedproductionforYanacochaispresentedonatotalproductionbasisfortheminesite;attributableproductionrepresentsa51.35%interest.YanacochaCASandAISCguidanceadjustedforLaQuinualeachpadrevision.fBothconsolidatedandattributableproductionareshownonapro-ratabasiswitha50%ownershipforKalgoorlie.gProductionoutlookdoesnotincludeequityproductionfromstakesinTMAC(29.2%)orLaZanja(46.94%).hConsolidatedexpenseoutlookisadjustedtoexcludeextraordinaryitems.Forexample,thetaxrateoutlookaboveisaconsolidatedadjustedrate,whichassumestheexclusionofcertaintaxvaluationallowanceadjustments.Beginningin2016,regionalgeneralandadministrativeexpenseisincludedintotalgeneralandadministrativeexpense(G&A)andcommunitydevelopmentcostisincludedinCAS.

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ThreeMonthsEndedDecember31, YearsEndedDecember31,

OperatingResults 2016 2015 %Change 2016 2015 %Change AttributableSales(koz,kt)Attributablegoldouncessold 2,561 2,378 8 % 4,865 4,603 6 %Attributablecoppertonnessold 28 31 (10) % 52 58 (10) %

AverageRealizedPrice($/oz,$/lb)Averagerealizedgoldprice $ 1,193 $ 1,093 9 % $ 1,243 $ 1,149 8 %Averagerealizedcopperprice $ 2.49 $ 1.93 29 % $ 2.15 $ 2.17 (1) %

AttributableProduction(koz,kt)NorthAmerica 551 427 29 % 2,024 1,643 23 %SouthAmerica 166 108 54 % 414 471 (12) %AsiaPacific 396 393 1 % 1,641 1,665 (1) %Africa 210 201 4 % 819 805 2 %TotalGold 1,323 1,129 17 % 4,898 4,584 7 %

NorthAmerica 4 5 (20) % 19 21 (10) %AsiaPacific 9 9 — % 35 36 (3) %TotalCopper 13 14 (7) % 54 57 (5) %

CASConsolidated($/oz,$/lb)NorthAmerica $ 721 $ 823 (12) % $ 702 $ 758 (7) %SouthAmerica 631 717 (12) % 759 607 25 %AsiaPacific 642 673 (5) % 630 667 (6) %Africa 768 579 33 % 666 522 28 %TotalGold $ 681 $ 718 (5) % $ 682 $ 663 3 %TotalGold(by-product) $ 668 $ 712 (6) % $ 677 $ 653 4 %

NorthAmerica $ 2.44 $ 2.14 14 % $ 2.48 $ 1.97 26 %AsiaPacific 1.68 1.58 6 % 1.67 1.71 (2) %TotalCopper $ 1.88 $ 1.69 11 % $ 1.95 $ 1.80 8 %

AISCConsolidated($/oz,$/lb)NorthAmerica $ 884 $ 1,087 (19) % $ 869 $ 979 (11) %SouthAmerica 844 1,203 (30) % 1,052 949 11 %AsiaPacific 844 860 (2) % 786 818 (4) %Africa 929 806 15 % 833 718 16 %TotalGold $ 918 $ 1,036 (11) % $ 912 $ 933 (2) %TotalGold(by-product) $ 914 $ 1,042 (12) % $ 915 $ 932 (2) %

NorthAmerica $ 2.80 $ 2.36 18 % $ 2.88 $ 2.30 25 %AsiaPacific 2.09 1.96 7 % 2.00 2.06 (3) %TotalCopper $ 2.31 $ 2.08 11 % $ 2.30 $ 2.15 7 %

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NEWMONTMININGCORPORATION

CONSOLIDATEDSTATEMENTSOFOPERATIONS(unaudited,inmillionsexceptpershare)

ThreeMonthsEnded YearsEnded

December31, December31,2016 2015 2016 2015

Sales $ 1,789 $ 1,452 $ 6,711 $ 6,085

CostsandexpensesCostsapplicabletosales(1) 1,036 969 3,772 3,578Depreciationandamortization 328 310 1,220 1,102Reclamationandremediation 112 188 179 253Exploration 41 41 148 156Advancedprojects,researchanddevelopment 29 39 134 126Generalandadministrative 55 61 233 241Impairmentoflong-livedassets 974 50 977 56Otherexpense,net 7 49 58 116

2,582 1,707 6,721 5,628Otherincome(expense)Otherincome,net (24) (1) 69 135Interestexpense,net (69) (71) (273) (297)

(93) (72) (204) (162)Income(loss)beforeincomeandminingtaxandotheritems (886) (327) (214) 295Incomeandminingtaxbenefit(expense) (8) (89) (563) (391)Equityincome(loss)ofaffiliates (5) (11) (13) (45)Income(loss)fromcontinuingoperations (899) (427) (790) (141)Income(loss)fromdiscontinuedoperations,netoftax 92 69 (133) 445Netincome(loss) (807) (358) (923) 304Netloss(income)attributabletononcontrollinginterests,netoftaxContinuingoperations 508 151 570 140Discontinuedoperations (45) (47) (274) (224)

463 104 296 (84)Netincome(loss)attributabletoNewmontstockholders $ (344) $ (254) $ (627) $ 220

Netincome(loss)attributabletoNewmontstockholders:Continuingoperations $ (391) $ (276) $ (220) $ (1)Discontinuedoperations 47 22 (407) 221

$ (344) $ (254) $ (627) $ 220Income(loss)percommonshareBasic:Continuingoperations $ (0.73) $ (0.54) $ (0.41) $ —Discontinuedoperations 0.08 0.04 (0.77) 0.43

$ (0.65) $ (0.50) $ (1.18) $ 0.43Diluted:Continuingoperations $ (0.73) $ (0.54) $ (0.41) $ —Discontinuedoperations 0.08 0.04 (0.77) 0.43

$ (0.65) $ (0.50) $ (1.18) $ 0.43

Cashdividendsdeclaredpercommonshare $ 0.050 $ 0.025 $ 0.125 $ 0.100

(1)ExcludesDepreciationandamortizationandReclamationandremediation.

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NEWMONTMININGCORPORATIONCONSOLIDATEDSTATEMENTSOFCASHFLOWS

(unaudited,inmillions)

ThreeMonthsEnded YearsEndedDecember31, December31,

2016 2015 2016 2015Operatingactivities:Netincome(loss) $ (807) $ (358) $ (923) $ 304Adjustments:Depreciationandamortization 328 310 1,220 1,102Stock-basedcompensation 16 19 70 77Reclamationandremediation 108 185 168 246Loss(income)fromdiscontinuedoperations (92) (69) 133 (445)Impairmentoflong-livedassets 974 50 977 56Impairmentofinvestments — 13 — 115Deferredincometaxes (22) 66 434 198Gainonassetandinvestmentsales,net 1 (9) (108) (118)GainondeconsolidationofTMAC — — — (76)Otheroperatingadjustmentsandinventorywrite-downs 142 101 436 335Netchangeinoperatingassetsandliabilities (58) (24) (490) (206)

Netcashprovidedbyoperatingactivitiesofcontinuingoperations 590 284 1,917 1,588Netcashprovidedbyoperatingactivitiesofdiscontinuedoperations(1) 43 (12) 869 557Netcashprovidedbyoperatingactivities 633 272 2,786 2,145Investingactivities:Additionstoproperty,plantandminedevelopment (301) (422) (1,133) (1,311)ProceedsfromsaleofBatuHijau 920 — 920 —Proceedsfromsalesofinvestments 11 — 195 29Proceedsfromsalesofotherassets 1 77 9 203Acquisitions,net (6) (4) (6) (823)Other 2 (2) (19) (49)Netcashusedininvestingactivitiesofcontinuingoperations 627 (351) (34) (1,951)Netcashusedininvestingactivitiesofdiscontinuedoperations (5) (38) (46) (90)Netcashusedininvestingactivities 622 (389) (80) (2,041)Financingactivities:Repaymentofdebt (535) (2) (1,312) (229)Dividendspaidtononcontrollinginterests — — (146) (3)Dividendspaidtocommonstockholders (26) (14) (67) (52)Fundingfromnoncontrollinginterests,net 5 20 63 109Acquisitionofnoncontrollinginterests — — (19) (8)Proceedsfromstockissuance,net — — — 675Proceedsfromsaleofnoncontrollinginterests — — — 37Other 2 — 1 —Netcashprovidedby(usedin)financingactivitiesofcontinuingoperations (554) 4 (1,480) 529Netcashusedinfinancingactivitiesofdiscontinuedoperations (2) (69) (321) (233)Netcashprovidedby(usedin)financingactivities (556) (65) (1,801) 296Effectofexchangeratechangesoncash (3) (1) 1 (22)Netchangeincashandcashequivalents 696 (183) 906 378Lessnetcashprovidedby(usedin)BatuHijaudiscontinuedoperations 39 (116) 513 246

657 (67) 393 132Cashandcashequivalentsatbeginningofperiod 2,099 2,430 2,363 2,231Cashandcashequivalentsatendofperiod $ 2,756 $ 2,363 $ 2,756 $ 2,363

(1)Netcashprovidedbyoperatingactivitiesofdiscontinuedoperationsincludes$(3)and$(3)forthethreemonthsendedDecember31,2016and2015,respectively,and$(11)and$(12)fortheyearsendedDecember31,2016and2015,respectively,relatedtotheHoltpropertyroyaltythatwaspaidoutofcashandcashequivalentsheldforuse.

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NEWMONTMININGCORPORATIONCONSOLIDATEDBALANCESHEETS

(unaudited,inmillions)

AtDecember31, AtDecember31,2016 2015

ASSETSCashandcashequivalents $ 2,756 $ 2,363Tradereceivables 127 81Otheraccountsreceivables 216 134Investments 56 19Inventories 617 561Stockpilesandoreonleachpads 763 782Othercurrentassets 142 83Currentassetsheldforsale — 960Currentassets 4,677 4,983

Property,plantandminedevelopment,net 12,485 13,210Investments 227 402Stockpilesandoreonleachpads 1,864 1,896Deferredincometaxassets 1,331 1,712Othernon-currentassets 447 445Non-currentassetsheldforsale — 2,482Totalassets $ 21,031 $ 25,130

LIABILITIES

Debt $ 566 $ 9Accountspayable 320 315Employee-relatedbenefits 304 278Incomeandminingtaxespayable 153 38Othercurrentliabilities 407 487Currentliabilitiesheldforsale — 289Currentliabilities 1,750 1,416

Debt 4,049 5,854Reclamationandremediationliabilities 2,029 1,555Deferredincometaxliabilities 592 538Employee-relatedbenefits 411 409Othernon-currentliabilities 326 310Non-currentliabilitiesheldforsale — 756Totalliabilities 9,157 10,838

EQUITYCommonstock 849 847Additionalpaid-incapital 9,490 9,427Accumulatedothercomprehensiveincome(loss) (334) (334)Retainedearnings 716 1,410Newmontstockholders'equity 10,721 11,350Noncontrollinginterests 1,153 2,942Totalequity 11,874 14,292Totalliabilitiesandequity $ 21,031 $ 25,130

Non-GAAPFinancialMeasures

Non-GAAPfinancialmeasuresareintendedtoprovideadditionalinformationonlyanddonothaveanystandardmeaningprescribedbyU.S.generallyacceptedaccountingprinciples(“GAAP”).ThesemeasuresshouldnotbeconsideredinisolationorasasubstituteformeasuresofperformancepreparedinaccordancewithGAAP.Unlessotherwisenoted,wepresenttheNon-GAAPfinancialmeasuresofourcontinuingoperationsinthetablesbelow.

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Adjustednetincome(loss)

ManagementusesAdjustednetincome(loss)toevaluatetheCompany’soperatingperformanceandforplanningandforecastingfuturebusinessoperations.TheCompanybelievestheuseofAdjustednetincome(loss)allowsinvestorsandanalyststounderstandtheresultsofthecontinuingoperationsoftheCompanyanditsdirectandindirectsubsidiariesrelatingtothesaleofproducts,byexcludingcertainitemsthathaveadisproportionateimpactonourresultsforaparticularperiod.Thenetincome(loss)adjustmentsaregenerallypresentednetoftaxattheCompany’sstatutoryeffectivetaxrateof35%andnetofourpartners’noncontrollinginterestswhenapplicable.TheimpactoftheadjustmentsthroughtheCompany’svaluationallowanceisincludedinTaxadjustments.Valuationallowanceisrecordedforitemssuchasforeigntaxcredits,alternativeminimumtaxcredits,capitallossesanddisallowedforeignlosses.Management’sdeterminationofthecomponentsofAdjustednetincome(loss)areevaluatedperiodicallyandbased,inpart,onareviewofnon-GAAPfinancialmeasuresusedbyminingindustryanalysts.Netincome(loss)attributabletoNewmontstockholdersisreconciledtoAdjustednetincome(loss)asfollows:

ThreeMonthsEnded YearsEnded

December31, December31,2016 2015 2016 2015

Netincome(loss)attributabletoNewmontstockholders $ (344) $ (254) $ (627) $ 220Loss(income)attributabletoNewmontstockholdersfromdiscontinuedoperations(1)Holtpropertyroyaltyobligation (22) 7 50 (27)BatuHijauoperations (48) (29) (243) (194)LossonsaleofBatuHijau 23 — 600 —

Netincome(loss)attributabletoNewmontstockholdersfromcontinuingoperations (391) (276) (220) (1)Impairmentofinvestments(2) — 8 — 74Impairmentoflong-livedassets(3) 334 18 336 22Restructuringandother(4) 4 3 18 17Acquisitioncosts(5) (1) 2 6 12Loss(gain)onassetandinvestmentsales(6) 1 (6) (107) (69)GainondeconsolidationofTMAC(7) — — — (49)Reclamationcharges(8) 33 94 33 94GhanaInvestmentAgreement(9) — 18 — 18Lossondebtrepayment(10) 33 — 36 —LaQuinualeachpadrevision(11) — — 17 —Taxadjustments(12) 120 130 500 209Adjustednetincome(loss) $ 133 $ (9) $ 619 $ 327

BatuHijauoperations 48 29 243 194BatuHijautaxadjustments(12) — — — (14)

Adjustednetincome(loss)includingBatuHijauoperations $ 181 $ 20 $ 862 $ 507

Netincome(loss)pershare,basic $ (0.65) $ (0.50) $ (1.18) $ 0.43Loss(income)attributabletoNewmontstockholdersfromdiscontinuedoperations,netoftaxesHoltpropertyroyaltyobligation (0.05) 0.02 0.09 (0.05)BatuHijauoperations (0.08) (0.06) (0.45) (0.38)LossonsaleofBatuHijau 0.05 — 1.13 —

Netincome(loss)attributabletoNewmontstockholdersfromcontinuingoperations (0.73) (0.54) (0.41) —Impairmentofinvestments,netoftaxes — 0.01 — 0.14Impairmentoflong-livedassets,netoftaxes 0.63 0.03 0.63 0.04Restructuringandother,netoftaxes — — 0.03 0.03Acquisitioncosts,netoftaxes — — 0.01 0.02Loss(gain)onassetandinvestmentsales,netoftaxes 0.01 (0.01) (0.20) (0.13)GainondeconsolidationofTMAC,netoftaxes — 0.01 — (0.09)Reclamationcharges,netoftaxes 0.06 0.18 0.06 0.18GhanaInvestmentAgreement,netoftaxes — 0.03 — 0.03Lossondebtrepayment,netoftaxes 0.06 — 0.07 —LaQuinualeachpadrevision,netoftaxes — — 0.03 —Taxadjustments 0.22 0.26 0.95 0.41Adjustednetincome(loss)pershare,basic $ 0.25 $ (0.03) $ 1.17 $ 0.63

BatuHijauoperations 0.08 0.06 0.45 0.38BatuHijautaxadjustments — — — (0.02)

Adjustednetincome(loss)includingBatuHijauoperationspershare,basic $ 0.33 $ 0.03 $ 1.62 $ 0.99

Netincome(loss)pershare,diluted $ (0.65) $ (0.50) $ (1.18) $ 0.43Loss(income)attributabletoNewmontstockholdersfromdiscontinuedoperations,netoftaxesHoltpropertyroyaltyobligation (0.05) 0.02 0.09 (0.05)BatuHijauoperations (0.08) (0.06) (0.45) (0.38)LossonsaleofBatuHijau 0.05 — 1.13 —

Netincome(loss)attributabletoNewmontstockholdersfromcontinuingoperations (0.73) (0.54) (0.41) —Impairmentofinvestments,netoftaxes — 0.01 — 0.14Impairmentoflong-livedassets,netoftaxes 0.63 0.03 0.63 0.04Restructuringandother,netoftaxes — — 0.03 0.03Acquisitioncosts,netoftaxes — — 0.01 0.02Loss(gain)onassetandinvestmentsales,netoftaxes 0.01 (0.01) (0.20) (0.13)GainondeconsolidationofTMAC,netoftaxes — 0.01 — (0.09)Reclamationcharges,netoftaxes 0.06 0.18 0.06 0.18GhanaInvestmentAgreement,netoftaxes — 0.03 — 0.03Lossondebtrepayment,netoftaxes 0.06 — 0.07 —LaQuinualeachpadrevision,netoftaxes — — 0.03 —Taxadjustments 0.22 0.26 0.94 0.41Adjustednetincome(loss)pershare,diluted $ 0.25 $ (0.03) $ 1.16 $ 0.63

BatuHijauoperations 0.08 0.06 0.45 0.38

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BatuHijautaxadjustments — — — (0.03)Adjustednetincome(loss)includingBatuHijauoperationspershare,diluted $ 0.33 $ 0.03 $ 1.61 $ 0.98

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(1) Loss(income)fromdiscontinuedoperationsrelatesto(i)adjustmentsinourHoltpropertyroyalty,presentednetoftaxexpense(benefit)of$13,$(4),$(19)and$11,respectively,(ii)BatuHijauoperations,presentednetoftaxexpense(benefit)of$51,$59,$309and$253,respectively,andamountsattributedtononcontrollinginterestincome(expense)of$(45),$(47),$(274)and$(224),respectively,and(iii)thelossonsaleofBatuHijau.

(2) Impairmentofinvestments,includedinOtherincome,net,representsother-than-temporaryimpairmentsonequityandcostmethodinvestments.Amountsarepresentednetoftaxexpense(benefit)of$-,$(5),$-and$(41),respectively.

(3) Impairmentoflong-livedassets,includedinImpairmentoflong-livedassets,representsnon-cashwrite-downs.The2016impairmentsinclude$970relatedtolong-livedassetsinYanacochainthefourthquarterof2016.Amountsarepresentednetoftaxexpense(benefit)of$(179),$18,$(180)and$(20),respectively,andamountsattributedtononcontrollinginterestincome(expense)of$(460),$(14),$(461)and$(14),respectively.

(4) Restructuringandother,includedinOtherexpense,net,representscertaincostsassociatedwithseveranceandoutsourcingcostsandaccruedlegalcostsinourAfricaregionduring2016,aswellassystemintegrationcostsrelatedtoouracquisitionofCC&V.Amountsarepresentednetoftaxexpense(benefit)of$1,$(3),$(9)and$(12),respectivelyandamountsattributedtononcontrollinginterestincome(expense)of$(3),$(2),$(5)and$(5),respectively.

(5) Acquisitioncosts,includedinOtherexpense,netrepresentsadjustmentsin2016tothecontingentconsiderationliabilityfromtheacquisitionofBoddingtonandcostsassociatedwiththeacquisitionofCC&Vin2015.Amountsarepresentednetoftaxexpense(benefit)of$-,$(2),$(4)and$(7),respectively.

(6) Loss(gain)onassetandinvestmentsales,includedinOtherincome,net,primarilyrepresentsthesaleofourholdingsinRegisinthefirstquarterof2016;incomerecordedinthethirdquarterof2016associatedwithcontingentconsiderationfromthesaleofcertainpropertiesinourNorthAmericasegmentduring2015;landsalesofHemlomineralrightsinCanadaandtheReliefCanyonmineinNevadaduringthefirstquarterof2015;andgainsrelatedtothesaleofourholdingsinEGRinthethirdquarterof2015andWaihiinthefourthquarterof2015.Amountsarepresentednetoftaxexpense(benefit)of$-,$3,$1and$49,respectively.

(7) GainondeconsolidationofTMAC,includedinOtherincome,net,resultedfromthedeconsolidationofTMACinthethirdquarterof2015.Amountsarepresentednetoftaxexpense(benefit)of$-,$-,$-and$27,respectively.

(8) Reclamationcharges,includedinReclamationandremediation,primarilyrepresentadjustmentstoreclamationliabilitiesassociatedwith(i)thereviewoftheYanacochalong-termminingandclosureplansduringthefourthquarterof2016and(ii)revisionstotheremediationplanoftheMidnitemineduringthefourthquarterof2015.Amountsarepresentednetoftaxexpense(benefit)of$(18),$(51),$(18)and$(51),respectively,andamountsattributedtononcontrollinginterestincome(expense)of$(37),$-,$(37)and$-,respectively.

(9) GhanaInvestmentAgreement,includedinOtherexpense,net,representsachargefromtheratificationofrevisedinvestmentagreementsbyGhana’sParliamentduringthefourthquarterof2015.Amountsarepresentednetoftaxexpense(benefit)of$-,$(9),$-and$(9),respectively.

(10) Lossondebtrepayment,includedinOtherincome,net,representstheimpactofthedebttenderofferonour2019SeniorNotesand2039SeniorNotesduringthefirstquarterof2016andthedebttenderofferonour2022SeniorNotesduringthefourthquarterof2016.Amountsarepresentednetoftaxexpenseof$(18),$-,$(19)and$-,respectively.

(11) LaQuinualeachpadrevision,includedinCostsapplicabletosalesandDepreciationandamortization,representsasignificantwrite-downoftheestimatedrecoverableouncesatourYanacochaoperationduringthethirdquarterof2016.Amountsarepresentednetoftaxexpense(benefit)of$-,$-,$(9)and$-,respectively,andamountsattributedtononcontrollinginterestincome(expense)of$-,$-,$(25)and$-,respectively.

(12) Taxadjustmentsincludemovementsintaxvaluationallowanceandtaxadjustments.ThesetaxadjustmentswereprimarilytheresultofataxrestructuringandalosscarrybackwhichresultedinanincreaseintheCompany’svaluationallowanceoncreditsandcapitallosses.Inaddition,animpairmentatYanacochainthefourthquarterof2016resultedinavaluationallowanceontheU.S.taxassetrelatedtothisinvestment.

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AdjustedEarningsBeforeInterest,Taxes,Depreciation,andAmortization(AdjustedEBITDA)

ManagementusesEarningsbeforeinterest,taxesanddepreciationandamortization(“EBITDA”)andEBITDAadjustedfornon-coreorcertainitemsthathaveadisproportionateimpactonourresultsforaparticularperiod(“AdjustedEBITDA”)asnon-GAAPmeasurestoevaluatetheCompany’soperatingperformance.EBITDAandAdjustedEBITDAdonotrepresent,andshouldnotbeconsideredanalternativeto,netincome(loss),operatingincome(loss),orcashflowfromoperationsasthosetermsaredefinedbyGAAP,anddonotnecessarilyindicatewhethercashflowswillbesufficienttofundcashneeds.AlthoughAdjustedEBITDAandsimilarmeasuresarefrequentlyusedasmeasuresofoperationsandtheabilitytomeetdebtservicerequirementsbyothercompanies,ourcalculationofAdjustedEBITDAisnotnecessarilycomparabletosuchothersimilarlytitledcaptionsofothercompanies.TheCompanybelievesthatAdjustedEBITDAprovidesusefulinformationtoinvestorsandothersinunderstandingandevaluatingouroperatingresultsinthesamemannerasourmanagementandboardofdirectors.Management’sdeterminationofthecomponentsofAdjustedEBITDAareevaluatedperiodicallyandbased,inpart,onareviewofnon-GAAPfinancialmeasuresusedbyminingindustryanalysts.Netincome(loss)attributabletoNewmontstockholdersisreconciledtoEBITDAandAdjustedEBITDAasfollows:

ThreeMonthsEnded YearsEnded

December31, December31,2016 2015 2016 2015

Netincome(loss)attributabletoNewmontstockholders $ (344) $ (254) $ (627) $ 220Netincome(loss)attributabletononcontrollinginterests,netoftaxContinuingoperations (508) (151) (570) (140)BatuHijauoperations 45 47 274 224

(463) (104) (296) 84Loss(income)fromdiscontinuedoperations,netoftax(1)Holtpropertyroyaltyobligation (22) 7 50 (27)BatuHijauoperations (93) (76) (517) (418)LossonsaleofBatuHijau 23 — 600 —

(92) (69) 133 (445)Equityloss(income)ofaffiliates 5 11 13 45Incomeandminingtaxexpense(benefit) 8 89 563 391Depreciationandamortization 328 310 1,220 1,102Interestexpense,net 69 71 273 297EBITDA $ (489) $ 54 $ 1,279 $ 1,694Adjustments:Impairmentofinvestments(2) $ — $ 13 $ — $ 115Impairmentoflong-livedassets(3) 973 50 977 56Restructuringandother(4) 6 8 32 34Acquisitioncosts(5) (1) 4 10 19GainondeconsolidationofTMAC(6) — — — (76)Reclamationcharges(7) 88 145 88 145GhanaInvestmentAgreement(8) — 27 — 27Lossondebtrepayment(9) 51 — 55 —LaQuinualeachpadrevision(10) — — 32 —Loss(gain)onassetandinvestmentsales(11) 1 (9) (108) (118)AdjustedEBITDA $ 629 $ 292 $ 2,365 $ 1,896

IncomefromdiscontinuedoperationsofBatuHijau,netoftax 93 76 517 418BatuHijauIncomeandminingtaxexpense 51 59 309 253BatuHijauDepreciationandamortization 19 33 134 137BatuHijauInterestexpense,net — 6 15 28AdjustedEBITDAincludingBatuHijau $ 792 $ 466 $ 3,340 $ 2,732

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(1) Loss(income)fromdiscontinuedoperationsrelatesto(i)adjustmentsinourHoltpropertyroyalty,presentednetoftaxexpense(benefit)of$13,$(4),$19and$(11),respectively,(ii)BatuHijauoperations,presentednetoftaxexpense(benefit)of$51,$59,$309and$253,respectively,and(iii)thelossonsaleofBatuHijau.

(2) Impairmentofinvestments,includedinOtherincome,net,representsother-than-temporaryimpairmentsonequityandcostmethodinvestments.(3) Impairmentoflong-livedassets,includedinImpairmentoflong-livedassets,representsnon-cashwrite-downs.The2016impairmentsinclude$970relatedtolong-livedassetsinYanacochainthefourth

quarterof2016.(4) Restructuringandother,includedinOtherexpense,net,representscertaincostsassociatedwithseveranceandoutsourcingcostsandaccruedlegalcostsinourAfricaregionduring2016,aswellassystem

integrationcostsrelatedtoouracquisitionofCC&V.(5) Acquisitioncosts,includedinOtherexpense,netrepresentsadjustmentsin2016tothecontingentconsiderationliabilityfromtheacquisitionofBoddingtonandcostsassociatedwiththeacquisitionof

CC&Vin2015.(6) GainondeconsolidationofTMAC,includedinOtherincome,net,resultedfromthedeconsolidationofTMACinthethirdquarterof2015.(7) Reclamationcharges,includedinReclamationandremediation,primarilyrepresentadjustmentstoreclamationliabilitiesassociatedwith(i)thereviewoftheYanacochalong-termminingandclosure

plansduringthefourthquarterof2016and(ii)revisionstotheremediationplanoftheMidnitemineduringthefourthquarterof2015.(8) GhanaInvestmentAgreement,includedinOtherexpense,net,representsachargefromtheratificationofrevisedinvestmentagreementsbyGhana’sParliamentduringthefourthquarterof2015.(9) Lossondebtrepayment,includedinOtherincome,net,representstheimpactofthedebttenderofferonour2019SeniorNotesand2039SeniorNotesduringthefirstquarterof2016andthedebttender

offeronour2022SeniorNotesduringthefourthquarterof2016.(10) LaQuinualeachpadrevision,includedinCostsapplicabletosales,representsasignificantwrite-downoftheestimatedrecoverableouncesatourYanacochaoperationduringthethirdquarterof2016.(11) Loss(gain)onassetandinvestmentsales,includedinOtherincome,net,primarilyrepresentsthesaleofourholdingsinRegisinthefirstquarterof2016;incomerecordedinthethirdquarterof2016

associatedwithcontingentconsiderationfromthesaleofcertainpropertiesinourNorthAmericasegmentduring2015;landsalesofHemlomineralrightsinCanadaandtheReliefCanyonmineinNevadaduringthefirstquarterof2015;andgainsrelatedtothesaleofourholdingsinEGRinthethirdquarterof2015andWaihiinthefourthquarterof2015.

FreeCashFlow

ManagementusesFreeCashFlowasanon-GAAPmeasuretoanalyzecashflowsgeneratedfromoperations.FreeCashFlowisNetcashprovidedbyoperatingactivitieslessNetcashprovidedbyoperatingactivitiesofdiscontinuedoperationslessAdditionstoproperty,plantandminedevelopmentaspresentedontheStatementsofConsolidatedCashFlows.TheCompanybelievesFreeCashFlowisalsousefulasoneofthebasesforcomparingtheCompany’sperformancewithitscompetitors.AlthoughFreeCashFlowandsimilarmeasuresarefrequentlyusedasmeasuresofcashflowsgeneratedfromoperationsbyothercompanies,theCompany’scalculationofFreeCashFlowisnotnecessarilycomparabletosuchothersimilarlytitledcaptionsofothercompanies.

Thepresentationofnon-GAAPFreeCashFlowisnotmeanttobeconsideredinisolationorasanalternativetonetincomeasanindicatoroftheCompany’sperformance,orasanalternativetocashflowsfromoperatingactivitiesasameasureofliquidityasthosetermsaredefinedbyGAAP,anddoesnotnecessarilyindicatewhethercashflowswillbesufficienttofundcashneeds.TheCompany’sdefinitionofFreeCashFlowislimitedinthatitdoesnotrepresentresidualcashflowsavailablefordiscretionaryexpendituresduetothefactthatthemeasuredoesnotdeductthepaymentsrequiredfordebtserviceandothercontractualobligationsorpaymentsmadeforbusinessacquisitions.Therefore,theCompanybelievesitisimportanttoviewFreeCashFlowasameasurethatprovidessupplementalinformationtotheCompany’sStatementsofConsolidatedCashFlows.

ThefollowingtablesetsforthareconciliationofFreeCashFlow,anon-GAAPfinancialmeasure,toNetcashprovidedbyoperatingactivities,whichtheCompanybelievestobetheGAAPfinancialmeasuremostdirectlycomparabletoFreeCashFlow,aswellasinformationregardingNetcashusedininvestingactivitiesandNetcashprovidedby(usedin)financingactivities.

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ThreeMonthsEnded YearsEnded

December31, December31,2016 2015 2016 2015

Netcashprovidedbyoperatingactivities $ 633 $ 272 $ 2,786 $ 2,145Less:Netcashprovidedbyoperatingactivitiesofdiscontinuedoperations (43) 12 (869) (557)Netcashprovidedbyoperatingactivitiesofcontinuingoperations 590 284 1,917 1,588Less:Additionstoproperty,plantandminedevelopment (301) (422) (1,133) (1,311)FreeCashFlow $ 289 $ (138) $ 784 $ 277

Netcashusedininvestingactivities(1) $ 622 $ (389) $ (80) $ (2,041)Netcashprovidedby(usedin)financingactivities $ (556) $ (65) $ (1,801) $ 296

(1) NetcashusedininvestingactivitiesincludesAdditionstoproperty,plantandminedevelopment,whichisincludedintheCompany’scomputationofFreeCashFlow.

Costsapplicabletosalesperounce/pound

Costsapplicabletosalesperounce/poundarenon-GAAPfinancialmeasures.Thesemeasuresarecalculatedbydividingthecostsapplicabletosalesofgoldandcopperbygoldouncesorcopperpoundssold,respectively.Thesemeasuresarecalculatedonaconsistentbasisfortheperiodspresentedonaconsolidatedbasis.Costsapplicabletosalesperounce/poundstatisticsareintendedtoprovideadditionalinformationonlyanddonothaveanystandardizedmeaningprescribedbyGAAPandshouldnotbeconsideredinisolationorasasubstituteformeasuresofperformancepreparedinaccordancewithGAAP.ThemeasuresarenotnecessarilyindicativeofoperatingprofitorcashflowfromoperationsasdeterminedunderGAAP.Othercompaniesmaycalculatethesemeasuresdifferently.

Thefollowingtablesreconcilethesenon-GAAPmeasurestothemostdirectlycomparableGAAPmeasures.

Costsapplicabletosalesperounce

ThreeMonthsEnded YearsEnded

December31, December31,2016 2015 2016 2015

Costsapplicabletosales(1) $ 976 $ 908 $ 3,547 $ 3,347Goldsold(thousandounces) 1,433 1,265 5,199 5,052Costsapplicabletosalesperounce $ 681 $ 718 $ 682 $ 663

(1) Includesby-productcreditsof$13and$8duringthethreemonthsendedDecember31,2016and2015,respectively,and$44and$40duringtheyearsendedDecember31,2016and2015,respectively.

Costsapplicabletosalesperpound

ThreeMonthsEnded YearsEnded

December31, December31,2016 2015 2016 2015

Costsapplicabletosales(1) $ 60 $ 61 $ 225 $ 231Coppersold(millionpounds) 32 36 116 129Costsapplicabletosalesperpound $ 1.88 $ 1.69 $ 1.95 $ 1.80

(1) Includesby-productcreditsof$2and$1duringthethreemonthsendedDecember31,2016and2015,respectively,and$6and$5duringtheyearsendedDecember31,2016and2015,respectively.

All-InSustainingCosts

NewmonthasworkedtodevelopametricthatexpandsonGAAPmeasures,suchascostofgoodssold,andnon-GAAPmeasures,suchasCostsapplicabletosalesperounce,toprovidevisibilityintotheeconomicsofourminingoperationsrelatedtoexpenditures,operatingperformanceandtheabilitytogeneratecashflowfromourcontinuingoperations.

CurrentGAAP-measuresusedintheminingindustry,suchascostofgoodssold,donotcapturealloftheexpendituresincurredtodiscover,developandsustainproduction.Therefore,webelievethatall-insustainingcostsisanon-GAAPmeasurethatprovidesadditionalinformationtomanagement,investorsandanalyststhataidintheunderstandingoftheeconomicsofouroperationsandperformancecomparedtootherproducersandintheinvestor’svisibilitybybetterdefiningthetotalcostsassociatedwithproduction.

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All-insustainingcost(“AISC”)amountsareintendedtoprovideadditionalinformationonlyanddonothaveanystandardizedmeaningprescribedbyGAAPandshouldnotbeconsideredinisolationorasasubstituteformeasuresofperformancepreparedinaccordancewithGAAP.ThemeasuresarenotnecessarilyindicativeofoperatingprofitorcashflowfromoperationsasdeterminedunderGAAP.Othercompaniesmaycalculatethesemeasuresdifferentlyasaresultofdifferencesintheunderlyingaccountingprinciples,policiesappliedandinaccountingframeworkssuchasinInternationalFinancialReportingStandards(“IFRS”),orbyreflectingthebenefitfromsellingnon-goldmetalsasareductiontoAISC.Differencesmayalsoariserelatedtodefinitionaldifferencesofsustainingversusdevelopmentcapitalactivitiesbaseduponeachcompany’sinternalpolicies.

Thefollowingdisclosureprovidesinformationregardingtheadjustmentsmadeindeterminingtheall-insustainingcostsmeasure:

CostsApplicabletoSales-Includesalldirectandindirectcostsrelatedtocurrentproductionincurredtoexecutethecurrentmineplan.WeexcludecertainexceptionalorunusualamountsfromCostsapplicabletosales(“CAS”),suchassignificantrevisionstorecoveryamounts.CASincludesby-productcreditsfromcertainmetalsobtainedduringtheprocessofextractingandprocessingtheprimaryore-body.CASisaccountedforonanaccrualbasisandexcludesDepreciationandamortizationandReclamationandremediation,whichisconsistentwithourpresentationofCASontheStatementsofConsolidatedOperations.IndeterminingAISC,onlytheCASassociatedwithproducingandsellinganounceofgoldorapoundofcopperisincludedinthemeasure.Therefore,theamountofgoldCASincludedinAISCisderivedfromtheCASpresentedintheCompany’sStatementsofConsolidatedOperationslesstheamountofCASattributabletotheproductionofcopperatourPhoenixandBoddingtonmines.ThecopperCASatthoseminesitesisdisclosedinNote5totheConsolidatedFinancialStatements.TheallocationofCASbetweengoldandcopperatthePhoenixandBoddingtonminesisbasedupontherelativesalesvalueofcopperandgoldproducedduringtheperiod.

ReclamationCosts-IncludesaccretionexpenserelatedtoAssetRetirementObligation(“ARO”)andtheamortizationoftherelatedAssetRetirementCost(“ARC”)fortheCompany’soperatingproperties.AccretionrelatedtotheAROandtheamortizationoftheARCassetsforreclamationdoesnotreflectannualcashoutflowsbutarecalculatedinaccordancewithGAAP.Theaccretionandamortizationreflecttheperiodiccostsofreclamationassociatedwithcurrentproductionandarethereforeincludedinthemeasure.TheallocationofthesecoststogoldandcopperisdeterminedusingthesameallocationusedintheallocationofCASbetweengoldandcopperatthePhoenixandBoddingtonmines.

Advancedprojects,researchanddevelopmentandExploration-Includesincurredexpensesrelatedtoprojectsthataredesignedtoincreaseorenhancecurrentproductionandexploration.Wenotethatascurrentresourcesaredepleted,explorationandadvancedprojectsarenecessaryforustoreplacethedepletingreservesorenhancetherecoveryandprocessingofthecurrentreserves.Asthisrelatestosustainingourproduction,andisconsideredacontinuingcostofaminingcompany,thesecostsareincludedintheAISCmeasure.ThesecostsarederivedfromtheAdvancedprojects,researchanddevelopmentandExplorationamountspresentedintheStatementsofConsolidatedOperationslesstheamountattributabletotheproductionofcopperatourPhoenixandBoddingtonmines.TheallocationofthesecoststogoldandcopperisdeterminedusingthesameallocationusedintheallocationofCASbetweengoldandcopperatthePhoenixandBoddingtonmines.

GeneralandAdministrative-Includescostsrelatedtoadministrativetasksnotdirectlyrelatedtocurrentproduction,butratherrelatedtosupportourcorporateandregionalstructureandfulfillingourobligationstooperateasapubliccompany.IncludingtheseexpensesintheAISCmetricprovidesvisibilityoftheimpactthatgeneralandadministrativeactivitieshaveoncurrentoperationsandprofitabilityonaperouncebasis.

Otherexpense,net-Includesadministrativecoststosupportcurrentproduction.WeexcludecertainexceptionalorunusualexpensesfromOtherexpense,net,suchasrestructuring,asthesearenotindicativetosustainingourcurrentoperations.Furthermore,thisadjustmenttoOtherexpense,netisalsoconsistentwiththenatureoftheadjustmentsmadetoNetincome(loss)attributabletoNewmontstockholdersasdisclosedintheCompany’snon-GAAPfinancialmeasureAdjustednetincome(loss).TheallocationofthesecoststogoldandcopperisdeterminedusingthesameallocationusedintheallocationofCASbetweengoldandcopperatthePhoenixandBoddingtonmines.

TreatmentandRefiningCosts-Includescostspaidtosmeltersfortreatmentandrefiningofourconcentratestoproducethesalablemetal.ThesecostsarepresentednetasareductionofSalesonourStatementsofConsolidatedOperations.

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SustainingCapital-Wedeterminedsustainingcapitalasthosecapitalexpendituresthatarenecessarytomaintaincurrentproductionandexecutethecurrentmineplan.Capitalexpenditurestodevelopnewoperations,orrelatedtoprojectsatexistingoperationswheretheseprojectswillenhanceproductionorreserves,areconsidereddevelopment.Wedeterminedtheclassificationofsustaininganddevelopmentcapitalprojectsbasedonasystematicreviewofourprojectportfolioinlightofthenatureofeachproject.SustainingcapitalcostsarerelevanttotheAISCmetricastheseareneededtomaintaintheCompany’scurrentoperationsandprovideimprovedtransparencyrelatedtoourabilitytofinancetheseexpendituresfromcurrentoperations.TheallocationofthesecoststogoldandcopperisdeterminedusingthesameallocationusedintheallocationofCASbetweengoldandcopperatthePhoenixandBoddingtonmines.

AdvancedProjects,

Researchand Treatment All-InCosts Development General Other and All-In Ounces Sustaining

ThreeMonthsEnded Applicable Reclamation and and Expense, Refining Sustaining Sustaining (000)/Pounds CostsperDecember31,2016 toSales(1)(2)(3) Costs(4) Exploration Administrative Net(5) Costs Capital(6) Costs (millions)Sold oz/lbGoldCarlin $ 212 $ 1 $ 5 $ — $ — $ — $ 58 $ 276 261 $ 1,057Phoenix 46 2 — — 1 1 4 54 55 982TwinCreeks 64 1 2 — — — 7 74 108 685LongCanyon 4 — — — — — 1 5 22 227CC&V 60 1 4 1 — — 4 70 108 648OtherNorthAmerica — — 6 — 2 — 3 11 — —NorthAmerica 386 5 17 1 3 1 77 490 554 884

Yanacocha 129 14 9 — (2) — 16 166 158 1,051Merian 34 — 3 — — — — 37 99 374OtherSouthAmerica — — 12 2 — — — 14 — —SouthAmerica 163 14 24 2 (2) — 16 217 257 844

Boddington 139 2 1 — — 6 19 167 206 811Tanami 58 1 3 — — — 27 89 102 873Kalgoorlie 68 2 1 — — 3 6 80 103 777OtherAsiaPacific — — 3 3 1 — 4 11 — —AsiaPacific 265 5 8 3 1 9 56 347 411 844

Ahafo 101 1 8 — — — 15 125 85 1,471Akyem 61 2 — — — — 7 70 126 556OtherAfrica — — — 1 — — — 1 — —Africa 162 3 8 1 — — 22 196 211 929

CorporateandOther — — 13 47 1 — 4 65 — —TotalGold $ 976 $ 27 $ 70 $ 54 $ 3 $ 10 $ 175 $ 1,315 1,433 $ 918

CopperPhoenix $ 23 $ 1 $ — $ 1 $ — $ 1 $ 2 $ 28 10 $ 2.80Boddington 37 — — — — 4 5 46 22 2.09TotalCopper $ 60 $ 1 $ — $ 1 $ — $ 5 $ 7 $ 74 32 $ 2.31

Consolidated $ 1,036 $ 28 $ 70 $ 55 $ 3 $ 15 $ 182 $ 1,389

(1)ExcludesDepreciationandamortizationandReclamationandremediation.(2) Includesby-productcreditsof$15.(3) Includesstockpileandleachpadinventoryadjustmentsof$46atYanacocha,$37atAhafo,$26atCarlinand$7atTwinCreeks.(4) Reclamationcostsincludeoperatingaccretionof$18andamortizationofassetretirementcostsof$10.(5) Otherexpense,netisadjustedforrestructuringandothercostsof$7andchangesinBoddingtoncontingentconsiderationof$(1).(6) Excludesdevelopmentcapitalexpenditures,capitalizedinterest,andtheincreaseinaccruedcapital,totaling$119.Thefollowingaremajordevelopmentprojectsduringtheperiod:Merian,LongCanyon

andtheCC&VandTanamiexpansions.

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AdvancedProjects,

Researchand Treatment All-InCosts Development General Other and All-In Ounces Sustaining

ThreeMonthsEnded Applicable Reclamation and and Expense, Refining Sustaining Sustaining (000)/Pounds CostsperDecember31,2015 toSales(1)(2)(3) Costs(4) Exploration Administrative Net(5) Costs Capital(6) Costs (millions)Sold oz/lbGoldCarlin $ 217 $ 1 $ 4 $ 1 $ — $ — $ 64 $ 287 224 $ 1,281Phoenix 42 — — — 1 2 3 48 45 1,067TwinCreeks 56 1 1 — 2 — 10 70 107 654CC&V(7) 34 1 2 — — — 6 43 49 878OtherNorthAmerica(8) — — 11 — (2) — 5 14 — —NorthAmerica 349 3 18 1 1 2 88 462 425 1,087

Yanacocha 159 24 15 1 1 — 38 238 217 1,097OtherSouthAmerica(9) — — 18 3 2 — — 23 — —SouthAmerica 159 24 33 4 3 — 38 261 217 1,203

Boddington 159 2 1 — — 7 13 182 231 788Tanami 53 1 2 1 — — 23 80 93 860Waihi(10) 6 — — — — — 1 7 13 538Kalgoorlie 66 — 1 1 — 2 7 77 85 906OtherAsiaPacific — — 2 6 6 — 3 17 — —AsiaPacific 284 3 6 8 6 9 47 363 422 860

Ahafo 55 2 8 1 — — 17 83 81 1,025Akyem 61 1 2 — (1) — 14 77 120 642OtherAfrica — — — 2 — — — 2 — —Africa 116 3 10 3 (1) — 31 162 201 806

CorporateandOther — — 12 45 1 — 5 63 — —TotalGold $ 908 $ 33 $ 79 $ 61 $ 10 $ 11 $ 209 $ 1,311 1,265 $ 1,036

CopperPhoenix $ 22 $ 1 $ — $ — $ — $ 1 $ 2 $ 26 11 $ 2.36Boddington 39 1 1 — — 5 3 49 25 1.96TotalCopper $ 61 $ 2 $ 1 $ — $ — $ 6 $ 5 $ 75 36 $ 2.08

Consolidated $ 969 $ 35 $ 80 $ 61 $ 10 $ 17 $ 214 $ 1,386

(1) ExcludesDepreciationandamortizationandReclamationandremediation.(2) Includesby-productcreditsof$9.(3) Includesstockpileandleachpadinventoryadjustmentsof$30atCarlin,$34atYanacochaand$2atTwinCreeks.(4) Reclamationcostsincludeoperatingaccretionof$19andamortizationofassetretirementcostsof$16.(5) Otherexpense,netisadjustedforrestructuringcostsandotherof$8,theGhanaInvestmentAgreementpaymentof$27andacquisitioncostsof$4.(6) Excludesdevelopmentcapitalexpenditures,capitalizedinterest,andthedecreaseinaccruedcapital,totaling$208.Thefollowingaremajordevelopmentprojectsduringtheperiod:TurfVentShaft,

Merian,LongCanyonandtheCC&Vexpansionproject .(7) TheCompanyacquiredtheCC&VgoldminingbusinessonAugust3,2015.(8) AdvancedProjects,ResearchandDevelopmentandExplorationincurredatLongCanyonof$8isincludedinOtherNorthAmerica.(9) AdvancedProjects,ResearchandDevelopmentandExplorationincurredatMerianof$4werepreviouslyincludedinCorporateandOtherisincludedinOtherSouthAmerica.(10) OnOctober29,2015,theCompanysoldtheWaihimine.

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AdvancedProjects,

Researchand Treatment All-InCosts Development General Other and All-In Ounces Sustaining

YearsEnded Applicable Reclamation and and Expense, Refining Sustaining Sustaining (000)/Pounds CostsperDecember31,2016 toSales(1)(2)(3) Costs(4) Exploration Administrative Net(5) Costs Capital(6) Costs (millions)Sold oz/lbGoldCarlin $ 797 $ 5 $ 19 $ 5 $ — $ — $ 163 $ 989 944 $ 1,048Phoenix 164 5 1 1 1 8 12 192 205 937TwinCreeks 234 3 8 1 — — 33 279 455 613LongCanyon(7) 4 — — — — — 1 5 22 227CC&V 216 4 11 2 — — 10 243 391 621OtherNorthAmerica — — 32 — 5 — 7 44 — —NorthAmerica 1,415 17 71 9 6 8 226 1,752 2,017 869

Yanacocha 493 57 35 7 — — 82 674 637 1,058Merian(8) 34 — 3 — — — — 37 99 374OtherSouthAmerica — — 57 6 — — — 63 — —SouthAmerica 527 57 95 13 — — 82 774 736 1,052

Boddington 530 6 1 — — 22 51 610 787 775Tanami 238 3 13 — — — 85 339 459 739Kalgoorlie 257 5 5 — — 7 19 293 378 775OtherAsiaPacific — — 8 15 5 — 6 34 — —AsiaPacific 1,025 14 27 15 5 29 161 1,276 1,624 786

Ahafo 313 6 28 — 1 — 54 402 349 1,152Akyem 235 8 8 — 1 — 24 276 473 584OtherAfrica — — 2 5 — — — 7 — —Africa 548 14 38 5 2 — 78 685 822 833

CorporateandOther — — 51 190 3 — 10 254 — —TotalGold $ 3,515 $ 102 $ 282 $ 232 $ 16 $ 37 $ 557 $ 4,741 5,199 $ 912

CopperPhoenix $ 99 $ 3 $ — $ 1 $ — $ 3 $ 9 $ 115 40 $ 2.88Boddington 126 1 — — — 13 12 152 76 2.00TotalCopper $ 225 $ 4 $ — $ 1 $ — $ 16 $ 21 $ 267 116 $ 2.30

Consolidated $ 3,740 $ 106 $ 282 $ 233 $ 16 $ 53 $ 578 $ 5,008

(1)ExcludesDepreciationandamortizationandReclamationandremediation.(2) Includesby-productcreditsof$50.(3) Includesstockpileandleachpadinventoryadjustmentsof$117atYanacocha,$77atCarlin,$71atAhafoand$18atTwinCreeks.TotalstockpileandleachpadinventoryadjustmentsatYanacochaof

$151wereadjustedaboveby$32relatedtoasignificantwrite-downofrecoverableouncesattheLaQuinuaLeachPadinthethirdquarterof2016.(4) Reclamationcostsincludeoperatingaccretionof$75andamortizationofassetretirementcostsof$31.(5) Otherexpense,netisadjustedforrestructuringandothercostsof$32andacquisitioncostsof$10.(6) Excludesdevelopmentcapitalexpenditures,capitalizedinterest,andtheincreaseinaccruedcapital,totaling$555.Thefollowingaremajordevelopmentprojectsduringtheperiod:Merian,LongCanyon

andtheCC&VandTanamiexpansions.(7) AdvancedProjects,ResearchandDevelopmentandExplorationincurredatLongCanyonpriortoreachingcommercialproductioninNovember2016of$20isincludedinOtherNorthAmerica.(8) AdvancedProjects,ResearchandDevelopmentandExplorationincurredatMerianpriortoreachingcommercialproductioninOctober2016of$21isincludedinOtherSouthAmerica.

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AdvancedProjects,

Researchand Treatment All-InCosts Development General Other and All-In Ounces Sustaining

YearsEnded Applicable Reclamation and and Expense, Refining Sustaining Sustaining (000)/Pounds CostsperDecember31,2015 toSales(1)(2)(3) Costs(4) Exploration Administrative Net(5) Costs Capital(6) Costs (millions)Sold oz/lbGoldCarlin $ 790 $ 4 $ 16 $ 7 $ — $ — $ 188 $ 1,005 886 $ 1,134Phoenix 163 4 2 2 1 8 15 195 199 980TwinCreeks 246 4 8 2 2 — 47 309 473 653CC&V(7) 44 2 3 — — — 7 56 82 683OtherNorthAmerica(8) — — 30 — 3 — 8 41 — —NorthAmerica 1,243 14 59 11 6 8 265 1,606 1,640 979

Yanacocha 564 97 37 15 3 — 97 813 924 880OtherSouthAmerica(9) — — 58 4 2 — — 64 — —SouthAmerica 564 97 95 19 5 — 97 877 924 949

Boddington 570 9 2 — — 24 47 652 816 799Tanami 225 3 7 1 — — 78 314 434 724Waihi(10) 55 2 3 — — — 3 63 116 543Kalgoorlie 272 5 3 1 — 5 21 307 318 965OtherAsiaPacific — — 5 17 14 — 6 42 — —AsiaPacific 1,122 19 20 19 14 29 155 1,378 1,684 818

Ahafo 206 7 24 1 1 — 57 296 332 892Akyem 212 6 8 — — — 44 270 472 572OtherAfrica — — 2 9 — — — 11 — —Africa 418 13 34 10 1 — 101 577 804 718

CorporateandOther — — 72 181 10 — 10 273 — —TotalGold $ 3,347 $ 143 $ 280 $ 240 $ 36 $ 37 $ 628 $ 4,711 5,052 $ 933

CopperPhoenix $ 91 $ 3 $ 1 $ 1 $ — $ 3 $ 9 $ 108 47 $ 2.30Boddington 140 2 1 — — 15 11 169 82 2.06TotalCopper $ 231 $ 5 $ 2 $ 1 $ — $ 18 $ 20 $ 277 129 $ 2.15

Consolidated $ 3,578 $ 148 $ 282 $ 241 $ 36 $ 55 $ 648 $ 4,988

(1) ExcludesDepreciationandamortizationandReclamationandremediation.(2) Includesby-productcreditsof$45.(3) Includesstockpileandleachpadinventoryadjustmentsof$116atCarlin,$14atTwinCreeks,$77atYanacochaand$19atBoddington.(4) Reclamationcostsincludeoperatingaccretionof$74andamortizationofassetretirementcostsof$74.(5) Otherexpense,netisadjustedforrestructuringcostsandotherof$34,theGhanaInvestmentAgreementpaymentof$27andacquisitioncostsof$19.(6) Excludesdevelopmentcapitalexpenditures,capitalizedinterest,andthedecreaseinaccruedcapital,totaling$663.Thefollowingaremajordevelopmentprojectsduringtheperiod:TurfVentShaft,

Merian,LongCanyonandtheCC&Vexpansionproject .(7) TheCompanyacquiredtheCC&VgoldminingbusinessonAugust3,2015.(8) AdvancedProjects,ResearchandDevelopmentandExplorationincurredatLongCanyonof$22isincludedinOtherNorthAmerica.(9) AdvancedProjects,ResearchandDevelopmentandExplorationincurredatMerianof$12werepreviouslyincludedinCorporateandOtherisincludedinOtherSouthAmerica.(10) OnOctober29,2015,theCompanysoldtheWaihimine.

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SimilartothehistoricalAISCamountspresentedabove,AISCoutlookisalsoanon-GAAPfinancialmeasure.Areconciliationofthe2017GoldAISCoutlookrangetothe2017CASoutlookrangeisprovidedbelow.Theestimatesinthetablebelowareconsidered“forward-lookingstatements”withinthemeaningofSection27AoftheSecuritiesActof1933,asamended,andSection21EoftheSecuritiesExchangeActof1934,asamended,whichareintendedtobecoveredbythesafeharborcreatedbysuchsectionsandotherapplicablelaws.

2017Outlook-Gold OutlookrangeLow High

CostsApplicabletoSales(1)(2) $ 3,835 $ 4,185ReclamationCosts(3) 110 130AdvancedProjectsandExploration 325 375GeneralandAdministrative 225 250OtherExpense 5 30TreatmentandRefiningCosts 20 40SustainingCapital(4) 600 700

All-inSustainingCosts(5) $ 5,125 $ 5,630Ounces(000)Sold 5,275 5,770All-inSustainingCostsperoz(5) $ 940 $ 1,000

(1)ExcludesDepreciationandamortizationandReclamationandremediation.(2) Includesstockpileandleachpadinventoryadjustments.(3) Reclamationcostsincludeoperatingaccretionandamortizationofassetretirementcosts.(4) Excludesdevelopmentcapitalexpenditures,capitalizedinterestandincreaseinaccruedcapital.(5) Thereconciliationaboveisprovidedforillustrativepurposesinordertobetterdescribemanagement’sestimatesofthecomponentsofthecalculation.Rangesforeachcomponentoftheforward-looking

All-insustainingcostsperounceareindependentlycalculatedand,asaresult,thetotalAll-insustainingcostsandtheAll-insustainingcostsperouncemaynotsumtothecomponentranges.WhileareconciliationtothemostdirectlycomparableGAAPmeasurehasbeenprovidedfor2017AISCGoldOutlookonaconsolidatedbasis,areconciliationhasnotbeenprovidedonanindividualsite-by-sitebasisinrelianceonItem10(e)(1)(i)(B)ofRegulationS-Kbecausesuchreconciliationisnotavailablewithoutunreasonableefforts.SeetheCautionaryStatementattheendofthisnewsreleaseforadditionalinformation.

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Netaveragerealizedpriceperounce/pound

Averagerealizedpriceperounce/poundarenon-GAAPfinancialmeasures.ThemeasuresarecalculatedbydividingtheNetconsolidatedgoldandcoppersalesbytheconsolidatedgoldouncesorcopperpoundssold,respectively.Thesemeasuresarecalculatedonaconsistentbasisfortheperiodspresentedonaconsolidatedbasis.Averagerealizedpriceperounce/poundstatisticsareintendedtoprovideadditionalinformationonly,donothaveanystandardizedmeaningprescribedbyGAAPandshouldnotbeconsideredinisolationorasasubstituteformeasuresofperformancepreparedinaccordancewithGAAP.ThemeasuresarenotnecessarilyindicativeofoperatingprofitorcashflowfromoperationsasdeterminedunderGAAP.Othercompaniesmaycalculatethesemeasuresdifferently.

Thefollowingtablesreconcilethesenon-GAAPmeasurestothemostdirectlycomparableGAAPmeasure:

ThreeMonthsEnded YearsEnded

December31, December31,2016 2015 2016 2015

Sales $ 1,789 $ 1,452 $ 6,711 $ 6,085Consolidatedcoppersales,net (79) (68) (250) (280)Consolidatedgoldsales,net $ 1,710 $ 1,384 $ 6,461 $ 5,805

Grossbeforeprovisionalpricing $ 1,731 $ 1,397 $ 6,485 $ 5,850Provisionalpricingmark-to-market (11) (2) 13 (8)Grossafterprovisionalpricing 1,720 1,395 6,498 5,842Treatmentandrefiningcharges (10) (11) (37) (37)Net $ 1,710 $ 1,384 $ 6,461 $ 5,805Consolidatedgoldouncessold(thousands): 1,433 1,265 5,199 5,052Averagerealizedgoldprice(perounce):Grossbeforeprovisionalpricing $ 1,208 $ 1,103 $ 1,247 $ 1,158Provisionalpricingmark-to-market (8) (1) 3 (2)Grossafterprovisionalpricing 1,200 1,102 1,250 1,156Treatmentandrefiningcharges (7) (9) (7) (7)Net $ 1,193 $ 1,093 $ 1,243 $ 1,149

ThreeMonthsEnded YearsEndedDecember31, December31,

2016 2015 2016 2015Sales $ 1,789 $ 1,452 $ 6,711 $ 6,085Consolidatedgoldsales,net (1,710) (1,384) (6,461) (5,805)Consolidatedcoppersales,net $ 79 $ 68 $ 250 $ 280

Consolidatedcoppersales:Grossbeforeprovisionalpricing $ 78 $ 77 $ 261 $ 319Provisionalpricingmark-to-market 5 (4) 5 (21)Grossafterprovisionalpricing 83 73 266 298Treatmentandrefiningcharges (4) (5) (16) (18)Net $ 79 $ 68 $ 250 $ 280Consolidatedcopperpoundssold(millions): 32 36 116 129Averagerealizedcopperprice(perpound):Grossbeforeprovisionalpricing $ 2.46 $ 2.20 $ 2.25 $ 2.48Provisionalpricingmark-to-market 0.16 (0.12) 0.04 (0.17)Grossafterprovisionalpricing 2.62 2.08 2.29 2.31Treatmentandrefiningcharges (0.13) (0.15) (0.14) (0.14)Net $ 2.49 $ 1.93 $ 2.15 $ 2.17

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GoldBy-ProductMetrics

Copperisaby-productoftenobtainedduringtheprocessofextractingandprocessingtheprimaryore-body.InourGAAPCondensedConsolidatedFinancialStatements,thevalueoftheseby-productsisrecordedasacredittoourCASandthevalueoftheprimaryoreisrecordedasSales.Incertaininstances,copperisaco-product,orsignificantresourceintheprimaryore-body,andtherevenueisrecordedasSalesinourGAAPCondensedConsolidatedFinancialStatements.

GoldBy-ProductMetricsarenon-GAAPfinancialmeasuresthatserveasabasisforcomparingtheCompany’sperformancewithcertaincompetitors.AsNewmont’soperationsareprimarilyfocusedongoldproduction,“GoldBy-ProductMetrics”weredevelopedtoallowinvestorstoviewSales,CASperounceandAISCperouncecalculationsthatclassifyallcopperproductionasaby-product,evenwhencopperistheprimaryore-body.ThesemetricsarecalculatedbysubtractingcoppersalesrecognizedfromSalesandincludingtheseamountsasoffsetstoCAS.

GoldBy-ProductMetricsarecalculatedonaconsistentbasisfortheperiodspresentedonaconsolidatedbasis.Thesemetricsareintendedtoprovidesupplementalinformationonly,donothaveanystandardizedmeaningprescribedbyGAAPandshouldnotbeconsideredinisolationorasasubstituteformeasuresofperformancepreparedinaccordancewithGAAP.Othercompaniesmaycalculatethesemeasuresdifferentlyasaresultofdifferencesintheunderlyingaccountingprinciples,policiesappliedandinaccountingframeworks,suchasinIFRS.

Thefollowingtablesreconcilethesenon-GAAPmeasurestothemostdirectlycomparableGAAPmeasures:

ThreeMonthsEndedDecember31, YearsEndedDecember31,

2016 2015 2016 2015Consolidatedgoldsales,net $ 1,710 $ 1,384 $ 6,461 $ 5,805Consolidatedcoppersales,net 79 68 250 280

Sales $ 1,789 $ 1,452 $ 6,711 $ 6,085

Costsapplicabletosales $ 1,036 $ 969 $ 3,772 $ 3,578Less:Consolidatedcoppersales,net (79) (68) (250) (280)

By-Productcostsapplicabletosales $ 957 $ 901 $ 3,522 $ 3,298Goldsold(thousandounces) 1,433 1,265 5,199 5,052

TotalGoldCASperounce(by-product) $ 668 $ 712 $ 677 $ 653

TotalAISC $ 1,389 $ 1,386 $ 5,008 $ 4,988Less:Consolidatedcoppersales,net (79) (68) (250) (280)

By-ProductAISC $ 1,310 $ 1,318 $ 4,758 $ 4,708Goldsold(thousandounces) 1,433 1,265 5,199 5,052

TotalGoldAISCperounce(by-product) $ 914 $ 1,042 $ 915 $ 932

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Conferencecallinformation

NewmontMiningCorporation(NYSE:NEM)announceditwillreportfourthquarterandfullyear2016operationsandfinancialresultsafterthemarketclosesonTuesday,February21,2017.AconferencecallwillbeheldonWednesday,February22,2017at10:00a.m.EasternTime(8:00a.m.MountainTime);itwillalsobecarriedontheCompany’swebsite.

ConferenceCallDetailsDial-InNumber800.857.6428IntlDial-InNumber517.623.4916LeaderMeredithBandyPasscodeNewmontReplayNumber800.867.1928IntlReplayNumber203.369.3838

WebcastDetails

URL:http://event.on24.com/wcc/r/1286756/21169E2C08BBA14CF7AFA4E5092C8F16

Thefourthquarterandfullyear2016resultswillbeavailableafterthemarketclosesonTuesday,February21,2017onthe“InvestorRelations”sectionoftheCompany’swebsite,www.newmont.com.Additionally,theconferencecallwillbearchivedforalimitedtimeontheCompany’swebsite.

CautionaryStatementRegardingForwardLookingStatements,IncludingOutlook:

Thisreleasecontains“forward-lookingstatements”withinthemeaningofSection27AoftheSecuritiesActof1933,asamended,andSection21EoftheSecuritiesExchangeActof1934,asamended,whichareintendedtobecoveredbythesafeharborcreatedbysuchsectionsandotherapplicablelaws.Suchforward-lookingstatementsmayinclude,withoutlimitation:(i)estimatesoffutureproductionandsales;(ii)estimatesoffuturecostsapplicabletosalesandAll-insustainingcosts;(iii)estimatesoffuturecapitalexpenditures;(iv)estimatesoffuturecostreductionsandefficiencies;(v)expectationsregardingthedevelopment,growthandpotentialoftheCompany’soperations,projectsandinvestment,including,withoutlimitation,expectedreturns,lifeofmine,commercialstartandfirstproductionandupside;(vi)expectationsregardingfuturedebtrepaymentsand;(vii)expectationsregardingfuturefreecashflowgeneration,liquidityandbalancesheetstrength;and(viii)expectationsregardingthepotentialreceiptofcontingentpaymentsinconnectionwiththesaleofBatuHijau.Estimatesorexpectationsoffutureeventsorresultsarebaseduponcertainassumptions,whichmayprovetobeincorrect.Suchassumptions,include,butarenotlimitedto:(i)therebeingnosignificantchangetocurrentgeotechnical,metallurgical,hydrologicalandotherphysicalconditions;(ii)permitting,development,operationsandexpansionoftheCompany’soperationsandprojectsbeingconsistentwithcurrentexpectationsandmineplans,includingwithoutlimitationreceiptofexportapprovals;(iii)politicaldevelopmentsinanyjurisdictioninwhichtheCompanyoperatesbeingconsistentwithitscurrentexpectations;(iv)certainexchangerateassumptionsfortheAustraliandollartotheU.S.dollar,aswellasothertheexchangeratesbeingapproximatelyconsistentwithcurrentlevels;(v)certainpriceassumptionsforgold,copperandoil;(vi)pricesforkeysuppliesbeingapproximatelyconsistentwithcurrentlevels;(vii)theaccuracyofourcurrentmineralreserveandmineralizedmaterialestimates;and(viii)otherassumptionsnotedherein.TheamountofcontingentpaymentreceivedinthefutureinconnectionwiththesaleofBatuHijauwillalsoremainsubjecttorisksanduncertainties,includingcopperpricesandfutureproductionanddevelopmentatBatuHijauandElang.WheretheCompanyexpressesorimpliesanexpectationorbeliefastofutureeventsorresults,suchexpectationorbeliefisexpressedingoodfaithandbelievedtohaveareasonablebasis.However,suchstatementsaresubjecttorisks,uncertaintiesandotherfactors,whichcouldcauseactualresultstodiffermateriallyfromfutureresultsexpressed,projectedorimpliedbythe“forward-lookingstatements”.OtherrisksrelatingtoforwardlookingstatementsinregardtotheCompany’sbusinessandfutureperformancemayinclude,butarenotlimitedto,goldandothermetalspricevolatility,currencyfluctuations,increasedproductioncostsandvariancesinoregradeorrecoveryratesfromthoseassumedinminingplans,politicalandoperationalrisks,communityrelations,conflictresolutionandoutcomeofprojectsoroppositionsandgovernmentalregulationandjudicialoutcomes.Foramoredetaileddiscussionofsuchrisksandotherfactors,seetheCompany’s2016AnnualReportonForm10-K,filedonFebruary21,2017,withtheSecuritiesandExchangeCommission(SEC),andaswellastheCompany’sotherSECfilings.TheCompanydoesnotundertakeanyobligationtoreleasepubliclyrevisionstoany“forward-lookingstatement,”including,withoutlimitation,outlook,toreflecteventsorcircumstancesafterthedateofthisnewsrelease,ortoreflecttheoccurrenceofunanticipatedevents,exceptasmayberequiredunderapplicablesecuritieslaws.Investorsshouldnotassumethatanylackofupdatetoapreviouslyissued“forward-lookingstatement”constitutesareaffirmationofthatstatement.Continuedrelianceon“forward-lookingstatements”isatinvestors'ownrisk.

InvestorsareremindedthatthisnewsreleaseshouldbereadinconjunctionwithNewmont’sForm10-KexpectedtobefiledonoraboutFebruary21,2017withtheSEC(alsoavailableatwww.newmont.com).

CONTACT:NewmontMiningCorporationInvestorContactsMeredithBandy,[email protected],[email protected]

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Exhibit99.2

NewmontReports2016ReservesandResources

DENVER--(BUSINESSWIRE)--February21,2017--NewmontMiningCorporation(NYSE:NEM)(NewmontortheCompany)reportedgoldreservesof68.5millionouncesfor2016comparedto71.1millionouncesfor2015.

TheCompanyadded4.1millionouncesofgoldreservesthroughexploration.Notableadditionsfortheyearinclude1.4millionouncesatTanami,0.6millionouncesatMerian,0.4millionouncesatCarlinundergroundand0.4millionouncesatKCGM(Newmont’s50percentshare).Overallgoldreservegradesrosefromtheprioryearto1.20gramspertonne.

TheCompanyadded6.1millionouncesofgoldresource1throughexploration,including2.0millionouncesofgoldatYanacochaandsignificantadditionsathighergradeundergroundminesincludingatAhafo,CarlinandTanami.Resourcegradesrosefromtheprioryearto0.86gramspertonne.

Unlessotherwisenoted,allfiguresexcludePTNNT.ThesaleofNewmont’s48.5percentstakeinPTNNT,whichoperatestheBatuHijaumineinIndonesia,closedonNovember2,2016.

Newmontreported4.9millionouncesofattributablemineproductionin2016,resultingin6.0millionouncesofreservedepletion.Otherchangestogoldreservesincludeareductionof0.6millionouncesduetopricechange,primarilyrelatedtotheimpactoflowerassumedcopperreservepricingatPhoenix.Reserverevisionsweremodestandmostlyoffsetting.

Newmontreported33.6millionouncesofattributableMeasuredandIndicatedgoldresourcesand14.0millionouncesattributableInferredgoldresourcesin2016.Totalattributablegoldresourcesincreasedby5.7millionouncesornearly14percentfromtheprioryear.TheCompanyadded6.1millionouncesthroughexploration,partiallyoffsetbyconversionsof4.1millionounces.

ExplorationOutlook

Newmont’stotalexplorationexpenditureisexpectedtoincreasetomorethan$200million2in2017,withabout80percentallocatedtonear-mineandbrownfieldsandthebalanceallocatedtogreenfieldsprograms.Geographically,theCompanyexpectstospendabout38percentofthisamountinNorthAmerica,35percentinSouthAmericaandtheremainderinAustralia,Africaandotherlocations.

_________________

1 Resourcesincludemeasured,indicatedandinferredresources;totalsmaynotaddupduetorounding.Seecautionarystatementatendofreleaseregardingreservesandresources.2 Includescapitalizedandexpensedexploration

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GoldReserveSensitivity

A$100increaseingoldpricewouldresultinanapproximate4percentincreaseingoldreserveswhilea$100decreaseingoldpricewouldresultinanapproximate6percentdecreaseingoldreserves.Thesesensitivitiesassumeanoilpriceof$55perbarrel(WTI)andanAustraliandollarexchangerateof$0.75.

ForadditionaldetailsonNewmont’sreportedGold,CopperandSilverMineralReservesandResources,pleaserefertothetablesattheendofthisrelease.

KeyAssumptions: YearsEndedDecember31,

2016 2015

GoldReserves(US$/oz) $1,200 $1,200GoldResources(US$/oz) $1,400 $1,400CopperReserves(US$/lb) $2.50 $2.75CopperResources(US$/lb) $3.00 $3.50AustralianDollar(A$:US$) $0.75 $0.80WestTexasIntermediate(US$/bbl) $55 $75

ReserveandResourceTables

ProvenandProbablereservesarebasedonextensivedrilling,sampling,minemodelingandmetallurgicaltestingfromwhichwedetermineeconomicfeasibility.MetalpriceassumptionsfollowSECguidancenottoexceedathreeyeartrailingaverage.Thepricesensitivityofreservesdependsuponseveralfactorsincludinggrade,metallurgicalrecovery,operatingcost,waste-to-oreratioandoretype.Metallurgicalrecoveryratesvarydependingonthemetallurgicalpropertiesofeachdepositandtheproductionprocessused.Thereservetablesincludedinthisreleaselisttheaveragemetallurgicalrecoveryrateforeachdeposit,whichtakesintoaccounttheassumedprocessingmethods.Thecut-offgrade,orlowestgradeofmaterialconsideredeconomictoprocess,varieswithmaterialtype,price,metallurgicalrecoveries,operatingcostsandco-orby-productcredits.TheProvenandProbablereservefigurespresentedhereinareestimatesbasedoninformationavailableatthetimeofcalculation.Noassurancecanbegiventhattheindicatedlevelsofrecoveryofgoldandcopperwillberealized.OuncesofgoldandsilverorpoundsofcopperincludedintheProvenandProbablereservesarethosecontainedpriortolossesduringmetallurgicaltreatment.Reserveestimatesmayrequirerevisionbasedonactualproduction.Marketfluctuationsinthepriceofgoldorcopper,aswellasincreasedproductioncostsorreducedmetallurgicalrecoveryrates,couldrendercertainProvenandProbablereservescontainingrelativelylowergradesofmineralizationuneconomictoexploitandmightresultinareductionofreserves.

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TheMeasured,Indicated,andInferredresourcefigurespresentedhereinareestimatesbasedoninformationavailableatthetimeofcalculationandareexclusiveofreserves.A“MineralResource”isaconcentrationoroccurrenceofsolidmaterialofeconomicinterestinorontheEarth’scrustinsuchform,grade,orqualityandquantitythattherearereasonableprospectsforeventualeconomicextraction.Thelocation,quantity,gradeorquality,continuityandothergeologicalcharacteristicsofaMineralResourceareknown,estimatedorinterpretedfromspecificgeologicalevidenceandknowledge,includingsampling.MineralResourcesaresub-divided,inorderofincreasinggeologicalconfidence,intoInferred,IndicatedandMeasuredcategories.OuncesofgoldandsilverorpoundsofcopperincludedintheMeasured,IndicatedandInferredresourcesarethosecontainedpriortolossesduringmetallurgicaltreatment.Marketfluctuationsinthepriceofgoldandcopper,aswellasincreasedproductioncostsorreducedmetallurgicalrecoveryrates,couldchangefutureestimatesofresources.Pleaserefertothereservesandresourcescautionarystatementattheendoftherelease.

Wepublishreservesandresourcesannually,andwillrecalculatereservesandresourcesatyear-end2017,takingintoaccountmetalprices,changes,ifany,infutureproductionandcapitalcosts,minedesigns,modelchanges,divestmentsanddepletionaswellasanyacquisitionsandadditionsduring2017.

AttributableProven,Probable,andCombinedGoldReserves(1),U.S.Units

December31,2016 December31,2015

ProvenReserves ProbableReserves ProvenandProbableReserves MetallurgicalRecovery(3) Proven+ProbableReserves

Deposits/DistrictsbyReportingUnit Newmont Tonnage(2) Grade Gold(3) Tonnage(2) Grade Gold(3) Tonnage(2) Grade Gold(3) Tonnage(2) Grade Gold(3)

Share(23) (x1000tons) (oz/ton) (x1000ozs) (x1000tons) (oz/ton) (x1000ozs) (x1000tons) (oz/ton) (x1000ozs) (x1000tons) (oz/ton) (x1000ozs)NorthAmericaCarlinOpenPits(4) 100% 67,900 0.058 3,960 187,400 0.024 4,540 255,300 0.033 8,500 63% 258,300 0.036 9,350CarlinStockpiles(5) 100% 21,200 0.063 1,330 - - - 21,200 0.063 1,330 81% 22,800 0.059 1,330CarlinUnderground(6) 100% 12,000 0.299 3,580 6,600 0.240 1,590 18,600 0.278 5,170 85% 23,000 0.266 6,100TotalCarlin,Nevada 101,100 0.088 8,870 194,000 0.032 6,130 295,100 0.051 15,000 72% 304,100 0.055 16,780

Phoenix(7) 100% 4,800 0.025 120 251,800 0.017 4,220 256,600 0.017 4,340 76% 291,500 0.017 5,100LoneTree(8) 100% 2,600 0.007 20 1,200 0.020 20 3,800 0.011 40 57% 3,700 0.007 30TotalPhoenix,Nevada 7,400 0.019 140 253,000 0.017 4,240 260,400 0.017 4,380 76% 295,200 0.017 5,130

TurquoiseRidge(9) 25% 1,500 0.453 710 1,400 0.458 630 2,900 0.455 1,340 92% 3,100 0.446 1,400TwinCreeks(10) 100% 3,700 0.046 180 26,200 0.054 1,410 29,900 0.053 1,590 77% 32,100 0.054 1,740TwinCreeksStockpiles(5) 100% 32,000 0.063 2,000 - - - 32,000 0.063 2,000 74% 35,600 0.064 2,280TotalTwinCreeks,Nevada 37,200 0.078 2,890 27,600 0.074 2,040 64,800 0.076 4,930 80% 70,800 0.077 5,420LongCanyon,Nevada(11) 100% - - - 19,200 0.061 1,170 19,200 0.061 1,170 76% 18,000 0.067 1,200

CC&V(12) 100% 72,500 0.022 1,560 17,900 0.017 310 90,400 0.021 1,870 62% 100,800 0.024 2,440CC&VLeachPad(13) 100% - - - 48,500 0.025 1,210 48,500 0.025 1,210 57% 46,000 0.025 1,160CC&VStockpiles(5) 100% 2,800 0.112 310 - - - 2,800 0.112 310 70% 2,700 0.084 230TotalCC&V,Colorado 75,300 0.025 1,870 66,400 0.023 1,520 141,700 0.024 3,390 61% 149,500 0.026 3,830

TOTALNORTHAMERICA 221,000 0.062 13,770 560,200 0.027 15,100 781,200 0.037 28,870 73% 837,600 0.039 32,360SouthAmericaYanacochaOpenPits(14) 51.35% 17,900 0.018 310 81,400 0.018 1,500 99,300 0.018 1,810 69% 113,200 0.017 1,940YanacochaLeachPad(13) 51.35% 8,600 0.020 170 - - - 8,600 0.020 170 67% 12,600 0.019 240YanacochaStockpiles(5) 51.35% 5,800 0.044 260 - - - 5,800 0.044 260 63% 7,800 0.052 410TotalYanacocha,Peru 32,300 0.023 740 81,400 0.018 1,500 113,700 0.020 2,240 69% 133,600 0.019 2,590Merian,Suriname(15) 75% - - - 116,800 0.037 4,290 116,800 0.037 4,290 93% 110,600 0.035 3,840

TOTALSOUTHAMERICA 32,300 0.023 740 198,200 0.029 5,790 230,500 0.028 6,530 85% 244,200 0.026 6,430AsiaPacificBoddingtonOpenPit(16) 100% 226,400 0.022 5,020 241,200 0.022 5,280 467,600 0.022 10,300 84% 511,700 0.020 10,450BoddingtonStockpiles(5) 100% 15,800 0.016 250 83,800 0.013 1,090 99,600 0.013 1,340 77% 93,400 0.014 1,280TotalBoddington,WesternAustralia 242,200 0.022 5,270 325,000 0.020 6,370 567,200 0.021 11,640 83% 605,100 0.019 11,730Tanami,NorthernTerritory(17) 100% 6,300 0.153 960 19,300 0.182 3,520 25,600 0.175 4,480 96% 20,500 0.168 3,460

KalgoorlieOpenPitandUnderground(18) 50% 9,800 0.060 580 30,400 0.064 1,950 40,200 0.063 2,530 84% 45,200 0.059 2,650KalgoorlieStockpiles(5) 50% 70,100 0.023 1,610 - - - 70,100 0.023 1,610 76% 66,000 0.023 1,500TotalKalgoorlie,WesternAustralia

79,900

0.027

2,190

30,400

0.064

1,950

110,300

0.038

4,140

81%

111,200

0.037

4,150

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TOTALASIAPACIFIC 328,400 0.026 8,420 374,700 0.032 11,840 703,100 0.029 20,260 86% 736,800 0.026 19,340AfricaAhafoSouthOpenPits(19) 100% 13,900 0.066 920 50,600 0.051 2,580 64,500 0.054 3,500 90% 72,800 0.054 3,950AhafoUnderground(20) 100% - - - 11,700 0.131 1,530 11,700 0.131 1,530 94% 9,300 0.143 1,330AhafoStockpiles(5) 100% 42,000 0.028 1,190 - - - 42,000 0.028 1,190 87% 44,800 0.030 1,360TotalAhafoSouth,Ghana 55,900 0.038 2,110 62,300 0.066 4,110 118,200 0.053 6,220 90% 126,900 0.052 6,640AhafoNorth,Ghana(21) 100% - - - 47,900 0.069 3,330 47,900 0.069 3,330 91% 36,900 0.071 2,620

AkyemOpenPit(22) 100% 17,200 0.049 840 43,500 0.047 2,040 60,700 0.047 2,880 89% 67,100 0.049 3,260AkyemStockpiles(5) 100% 10,800 0.035 370 - - - 10,800 0.035 370 89% 10,000 0.040 400Total,Akyem,Ghana 28,000 0.043 1,210 43,500 0.047 2,040 71,500 0.045 3,250 89% 77,100 0.048 3,660

TOTALAFRICA 83,900 0.040 3,320 153,700 0.062 9,480 237,600 0.054 12,800 90% 240,900 0.054 12,920TOTALNEWMONTCONTINUINGOPERATIONS

665,600

0.039

26,250

1,286,800

0.033

42,210

1,952,400

0.035

68,460

81%

2,059,500

0.035

71,050

BatuHijauOpenPit(23) 48.5% - - - - - - - - - 0% 134,500 0.015 2,030BatuHijauStockpiles(5)(23) 48.5% - - - - - - - - - 0% 184,800 0.003 640

TOTALNEWMONTWORLDWIDE

665,600

0.039

26,250

1,286,800

0.033

42,210

1,952,400

0.035

68,460

81%

2,378,800

0.031

73,720

(1) Seecautionarystatementregardingreservesandresourcesatendofreleasehereof.2016reserveswerecalculatedatagoldpriceof$1,200orA$1,600perounceunlessotherwisenoted.2015reserveswerecalculatedatagoldpriceof$1,200orA$1,500perounceunlessotherwisenoted.(2) Tonnagesincludeallowancesforlossesresultingfromminingmethods.Tonnagesareroundedtothenearest100,000.(3) Ouncesareestimatesofmetalcontainedinoretonnagesanddonotincludeallowancesforprocessinglosses.Metallurgicalrecoveryratesrepresenttheestimatedamountofmetaltoberecovered

throughmetallurgicalextractionprocesses.Ouncesareroundedtothenearest10,000.(4) Cut-offgradesutilizedin2016reserveswereasfollows:oxideleachmaterialnotlessthan0.006ounceperton;oxidemillmaterialnotlessthan0.015ounceperton;flotationmaterialnotlessthan

0.016ounceperton;andrefractorymillmaterialnotlessthan0.080ounceperton.(5) Stockpilesarecomprisedprimarilyofmaterialthathasbeensetasidetoallowprocessingofhighergradematerialinthemills.Stockpilesincreaseordecreasedependingoncurrentmineplans.

Stockpilereservesarereportedseparatelywhereouncesexceed100,000andaregreaterthan5%ofthetotalsite-reportedreserves.(6) Cut-offgradeutilizedin2016reservesnotlessthan0.044ounceperton.(7) Goldcut-offgradevarieswithlevelofcopperandsilvercredits.(8) Cut-offgradeutilizedin2016reservesnotlessthan0.006ounceperton.(9) ReserveestimatesprovidedbyBarrick,theoperatoroftheTurquoiseRidgejointventure.(10) Cut-offgradesutilizedin2016reserveswereasfollows:oxideleachmaterialnotlessthan0.006ounceperton;oxidemillmaterialnotlessthan0.015ounceperton;andrefractorymillmaterial

notlessthan0.034ounceperton.(11) Cut-offgradeutilizedin2016reservesnotlessthan0.007ounceperton.(12) Cut-offgradesutilizedin2016reserveswereasfollows:oxidemillmaterialnotlessthan0.050ouncepertonandleachmaterialnotlessthan0.005ounceperton.(13) Leachpadmaterialisthematerialonleachpadsattheendoftheyearfromwhichgoldremainstoberecovered.In-processreservesarereportedseparatelywhereouncesexceed100,000andare

greaterthan5%ofthetotalsite-reportedreserves.(14) Cut-offgradesutilizedin2016reserveswereasfollows:oxideleachmaterialnotlessthan0.003ounceperton;andoxidemillmaterialnotlessthan0.013ounceperton.(15) Goldcut-offgradesutilizedin2016reservesnotlessthan0.011ounceperton.(16) Goldcut-offgradevarieswithlevelofcoppercredits.(17) Cut-offgradeutilizedin2016reservesnotlessthan0.070ounceperton.(18) Cut-offgradeutilizedin2016insitureservesnotlessthan0.026ounceperton.(19) Cut-offgradeutilizedin2016reservesnotlessthan0.018ounceperton.(20) Projectispartiallydevelopedwithongoingstudiesbeingcompletedpriortoafull-developmentdecision.Cut-offgradeutilizedin2016reservesnotlessthan0.090ounceperton.(21) IncludesundevelopedreservesatsixpitsintheAhafotrendtotaling3.3millionounces.Cut-offgradeutilizedin2016reservesnotlessthan0.014ounceperton.(22) Cut-offgradeutilizedin2016reservesnotlessthan0.017ounceperton.(23) NewmontdivesteditsinterestintheBatuHijaumineonNovember2,2016.Assuch,NewmontsharepercentagewaszeroasofDecember31,2016.ThepercentagefigureaboveforBatuHijau

representNewmontinterestasofDecember31,2015of48.5%.(24) NewmontsharepercentagereflectsNewmont’seconomicinterestasofDecember31,2016(otherthanBatuHijau;seenote23above).

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AttributableProven,Probable,andCombinedGoldReserves(1),MetricUnitsDecember31,2016 December31,2015

ProvenReserves ProbableReserves ProvenandProbableReserves MetallurgicalRecovery(3) Proven+ProbableReserves

Deposits/DistrictsbyReportingUnit Newmont Tonnage(2)

Grade

Gold(3) Tonnage(2)

Grade

Gold(3) Tonnage(2)

Grade

Gold(3) Tonnage(2)

Grade

Gold(3)

Share(23) (x1000tonnes) (g/tonne) (x1000ozs) (x1000tonnes) (g/tonne) (x1000ozs) (x1000tonnes) (g/tonne) (x1000ozs) (x1000tonnes) (g/tonne) (x1000ozs)NorthAmericaCarlinOpenPits 100% 61,600 2.00 3,960 170,000 0.83 4,540 231,600 1.14 8,500 63% 234,300 1.24 9,350CarlinStockpiles(5) 100% 19,200 2.14 1,330 - - - 19,200 2.14 1,330 81% 20,700 2.01 1,330CarlinUnderground 100% 10,900 10.25 3,580 6,000 8.24 1,590 16,900 9.53 5,170 85% 20,800 9.10 6,100TotalCarlin,Nevada 91,700 3.01 8,870 176,000 1.08 6,130 267,700 1.74 15,000 72% 275,800 1.89 16,780

Phoenix 100% 4,400 0.86 120 228,400 0.57 4,220 232,800 0.58 4,340 76% 262,600 0.60 5,060LoneTree 100% 2,300 0.25 20 1,100 0.68 20 3,400 0.39 40 57% 5,100 0.38 70TotalPhoenix,Nevada 6,700 0.65 140 229,500 0.57 4,240 236,200 0.58 4,380 76% 267,700 0.60 5,130

TurquoiseRidge(9) 25% 1,500 15.55 710 1,200 15.70 630 2,700 15.62 1,340 92% 2,900 15.31 1,400TwinCreeks 100% 3,300 1.57 180 23,800 1.85 1,410 27,100 1.82 1,590 77% 29,000 1.86 1,740TwinCreeksStockpiles(5) 100% 29,000 2.15 2,000 - - - 29,000 2.15 2,000 74% 32,300 2.19 2,280TotalTwinCreeks,Nevada 33,800 2.66 2,890 25,000 2.54 2,040 58,800 2.61 4,930 80% 64,200 2.62 5,420LongCanyon,Nevada 100% - - - 17,500 2.09 1,170 17,500 2.09 1,170 76% 16,300 2.28 1,200

CC&V 100% 65,700 0.74 1,560 16,300 0.58 310 82,000 0.71 1,870 62% 91,500 0.83 2,440CC&VStockpiles(5) 100% 2,500 3.83 310 - - - 2,500 3.83 310 70% 2,500 2.88 230CC&VLeachPad(13) 100% - - - 44,000 0.86 1,210 44,000 0.86 1,210 57% 41,700 0.86 1,160TotalCC&V,Colorado

68,200

0.85

1,870

60,300

0.78

1,520

128,500

0.82

3,390

61%

135,700

0.88

3,830

TOTALNORTHAMERICA

200,400

2.14

13,770

508,300

0.92

15,100

708,700

1.27

28,870

73%

759,700

1.32

32,360

SouthAmericaYanacochaOpenPits 51.35% 16,200 0.60 310 73,800 0.63 1,500 90,000 0.63 1,810 69% 102,700 0.59 1,940YanacochaStockpiles(5) 51.35% 5,300 1.52 260 - - - 5,300 1.52 260 63% 7,100 1.79 410YanacochaLeachPad(13) 51.35% 7,800 0.68 170 - - - 7,800 0.68 170 67% 11,400 0.66 240TotalYanacocha,Peru 29,300 0.79 740 73,800 0.63 1,500 103,100 0.68 2,240 69% 121,200 0.67 2,590Merian,Suriname 75% - - - 106,000 1.26 4,290 106,000 1.26 4,290 93% 100,300 1.19 3,840

TOTALSOUTHAMERICA

29,300

0.79

740

179,800

1.00

5,790

209,100

0.97

6,530

85%

221,500

0.90

6,430

AsiaPacificBoddingtonOpenPit 100% 205,400 0.76 5,020 218,800 0.75 5,280 424,200 0.76 10,300 84% 464,300 0.70 10,450BoddingtonStockpiles(5) 100% 14,400 0.55 250 76,000 0.44 1,090 90,400 0.46 1,340 77% 84,800 0.47 1,280TotalBoddington,WesternAustralia 219,800 0.75 5,270 294,800 0.67 6,370 514,600 0.70 11,640 83% 549,100 0.66 11,730Tanami,NorthernTerritory 100% 5,700 5.26 960 17,500 6.23 3,520 23,200 6.00 4,480 96% 18,700 5.76 3,460

KalgoorlieOpenPitandUnderground 50% 8,900 2.04 580 27,600 2.19 1,950 36,500 2.16 2,530 84% 41,000 2.01 2,650KalgoorlieStockpiles(5) 50% 63,600 0.79 1,610 - - - 63,600 0.79 1,610 76% 59,900 0.78 1,500TotalKalgoorlie,WesternAustralia

72,500

0.94

2,190

27,600

2.19

1,950

100,100

1.29

4,140

81%

100,900

1.28

4,150

TOTALASIAPACIFIC 298,000 0.88 8,420 339,900 1.08 11,840 637,900 0.99 20,260 86% 668,700 0.90 19,340AfricaAhafoSouthOpenPits 100% 12,600 2.25 920 45,900 1.75 2,580 58,500 1.86 3,500 90% 66,100 1.86 3,950AhafoUnderground 100% - - - 10,600 4.50 1,530 10,600 4.50 1,530 94% 8,500 4.89 1,330AhafoStockpiles(5) 100% 38,100 0.97 1,190 - - - 38,100 0.97 1,190 87% 40,600 1.04 1,360TotalAhafo

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South,Ghana 50,700 1.29 2,110 56,500 2.27 4,110 107,200 1.80 6,220 90% 115,200 1.79 6,640AhafoNorth,Ghana 100% - - - 43,500 2.38 3,330 43,500 2.38 3,330 91% 33,500 2.44 2,620

AkyemOpenPit 100% 15,600 1.68 840 39,400 1.61 2,040 55,000 1.63 2,880 89% 60,800 1.67 3,260AkyemStockpiles(5) 100% 9,800 1.19 370 - - - 9,800 1.19 370 89% 9,100 1.39 400Total,Akyem,Ghana

25,400

1.49

1,210

39,400

1.61

2,040

64,800

1.56

3,250

89%

69,900

1.63

3,660

TOTALAFRICA 76,100 1.36 3,320 139,400 2.12 9,480 215,500 1.85 12,800 90% 218,600 1.84 12,920TOTALNEWMONTCONTINUINGOPERATIONS

603,800

1.35

26,250

1,167,400

1.12

42,210

1,771,200

1.20

68,460

81%

1,868,500

1.18

71,050

BatuHijauOpenPit(23) 48.5% - - - - - - - - - 0% 122,100 0.52 2,030BatuHijauStockpiles(5)(23)

48.5%

-

-

-

-

-

-

-

-

-

0%

167,700

0.12

640TOTALNEWMONTWORLDWIDE

603,800

1.35

26,250

1,167,400

1.12

42,210

1,771,200

1.20

68,460

81%

2,158,300

1.06

73,720

SeeFootnotesunderGoldReservesU.S.unitstable.NotethatcutoffgradesinsuchfootnotesarerepresentedinU.S.units

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AttributableGoldMineralResources(1)(2)-December31,2016,U.S.Units GoldMeasuredResource GoldIndicatedResource GoldMeasured+IndicatedResource(3) GoldInferredResource

Deposits/Districts NewmontShare Tonnage Grade Au Tonnage Grade Au Tonnage Grade Au Tonnage Grade Au (x1000tons) (oz/ton) (x1000ozs) (x1000tons) (oz/ton) (x1000ozs) (x1000tons) (oz/ton) (x1000ozs) (x1000tons) (oz/ton) (x1000ozs)NorthAmericaCarlinTrendOpenPit 100% 33,800 0.049 1,670 66,500 0.029 1,950 100,300 0.036 3,620 13,900 0.027 380CarlinTrendUnderground 100% 900 0.201 180 2,300 0.231 540 3,200 0.223 720 3,300 0.235 780TotalCarlin,Nevada 34,700 0.053 1,850 68,800 0.036 2,490 103,500 0.042 4,340 17,200 0.067 1,160

Phoenix 100% 700 0.015 10 177,400 0.014 2,410 178,100 0.014 2,420 58,500 0.012 680PhoenixStockpiles(4) 100% - - - - - - - - - 2,300 0.043 100LoneTreeComplex 100% - - - - - - - - - - - -BuffaloValley 70% - - - 15,500 0.019 290 15,500 0.019 290 400 0.011 -TotalPhoenix,Nevada 700 0.015 10 192,900 0.014 2,700 193,600 0.014 2,710 61,200 0.013 780

TwinCreeks 100% 1,100 0.072 80 30,500 0.062 1,890 31,600 0.062 1,970 16,700 0.043 720TwinCreeksStockpiles(4) 100% 7,700 0.059 460 - - - 7,700 0.059 460 - - -Sandman 100% - - - 1,300 0.036 50 1,300 0.036 50 1,100 0.054 60TurquoiseRidge(5) 25% 900 0.479 420 500 0.435 220 1,400 0.463 640 500 0.487 230TotalTwinCreeks,Nevada 9,700 0.098 960 32,300 0.067 2,160 42,000 0.074 3,120 18,300 0.056 1,010LongCanyon,Nevada 100% 600 0.112 60 15,400 0.102 1,580 16,000 0.103 1,640 7,100 0.054 380CC&V,Colorado 100% 84,000 0.018 1,470 43,200 0.016 710 127,200 0.017 2,180 23,700 0.015 350

TOTALNORTHAMERICA 129,700 0.034 4,350 352,600 0.027 9,640 482,300 0.029 13,990 127,500 0.029 3,680SouthAmericaConga,Peru 51.35% - - - 392,700 0.019 7,490 392,700 0.019 7,490 130,500 0.011 1,480Yanacocha,Peru 51.35% 6,300 0.013 80 64,800 0.025 1,620 71,100 0.024 1,700 99,000 0.030 3,000Merian,Suriname 75% 1,500 0.039 60 19,800 0.032 630 21,300 0.032 690 40,400 0.032 1,300

TOTALSOUTHAMERICA 7,800 0.018 140 477,300 0.020 9,740 485,100 0.020 9,880 269,900 0.021 5,780AsiaPacificBoddington,WesternAustralia 100% 119,700 0.014 1,690 270,700 0.015 4,140 390,400 0.015 5,830 8,300 0.017 140Tanami,NorthernTerritory 100% - 0.039 - 2,800 0.161 460 2,800 0.161 460 3,500 0.171 610Kalgoorlie,WesternAustralia 50% 3,500 0.020 70 12,100 0.028 330 15,600 0.026 400 600 0.072 40

TOTALASIAPACIFIC 123,200 0.014 1,760 285,600 0.017 4,930 408,800 0.016 6,690 12,400 0.064 790AfricaAhafo 100% 1,200 0.017 20 32,200 0.035 1,140 33,400 0.035 1,160 16,900 0.047 790AhafoUnderground 100% - - - 8,600 0.124 1,070 8,600 0.124 1,070 13,900 0.114 1,580TotalAhafo,Ghana 1,200 0.017 20 40,800 0.054 2,210 42,000 0.053 2,230 30,800 0.077 2,370AhafoNorth,Ghana 100% 2,600 0.034 90 7,800 0.050 390 10,400 0.046 480 11,100 0.052 570Akyem,Ghana 100% 1,100 0.047 50 9,200 0.033 300 10,300 0.034 350 18,100 0.044 810

TOTALAFRICA 4,900 0.032 160 57,800 0.050 2,900 62,700 0.049 3,060 60,000 0.062 3,750TOTALNEWMONTWORLDWIDE 265,600 0.024 6,410 1,173,300 0.023 27,210 1,438,900 0.023 33,620 469,800 0.030 14,000

(1) Resourcesarereportedexclusiveofreserves.(2) Resourcesarecalculatedatagoldpriceof$1,400orA$1,750perouncefor2016and$1,400orA$1,650perouncefor2015.Tonnageamountshavebeenroundedtothenearest100,000,and

ounceshavebeenroundedtothenearest10,000.(3) MeasuredandIndicatedResources(combined)areequivalenttoMineralizedMaterialdisclosedinNewmont’s10-Kfiling.(4) Stockpilesarecomprisedprimarilyofmineralizedmaterialthathasbeensetasideduringminingactivities.Stockpilescanincreaseordecreasedependingonchangesinmetalpricesandother

miningandprocessingcostandrecoveryfactors.Stockpilereservesarereportedseparatelywheretonnageexceeds100,000andisgreaterthan5%ofthetotalsite-reportedresources.(5) ResourceestimatesprovidedbyBarrick,theoperatoroftheTurquoiseRidgeJointVenture.

AttributableGoldMineralResources(1)(2)-December31,2016,Metricunits GoldMeasuredResource GoldIndicatedResource GoldMeasured+IndicatedResource(3) GoldInferredResource

Deposits/Districts NewmontShare Tonnage Grade Au Tonnage Grade Au Tonnage Grade Au Tonnage Grade Au (x1000tonnes) (g/tonne) (x1000ozs) (x1000tonnes) (g/tonne) (x1000ozs) (x1000tonnes) (g/tonne) (x1000ozs) (x1000tonnes) (g/tonne) (x1000ozs)NorthAmericaCarlinTrendOpenPit 100% 30,700 1.69 1,670 60,300 1.01 1,950 91,000 1.24 3,620 12,600 0.93 380CarlinTrendUnderground 100% 800 6.90 180 2,100 7.93 540 2,900 7.64 720 3,000 8.05 780TotalCarlin,Nevada 31,500 1.82 1,850 62,400 1.24 2,490 93,900 1.44 4,340 15,600 2.29 1,160

Phoenix 100% 700 0.52 10 160,900 0.47 2,410 161,600 0.47 2,420 53,000 0.39 680PhoenixStockpiles(4) 100% - - - - - - - - - 2,100 1.48 100LoneTreeComplex 100% - - - - - - - - - - - -BuffaloValley 70% - - - 14,100 0.65 290 14,100 0.65 290 400 0.38 -TotalPhoenix,Nevada 700 0.52 10 175,000 0.48 2,700 175,700 0.48 2,710 55,500 0.44 780

TwinCreeks 100% 1,000 2.48 80 27,600 2.12 1,890 28,600 2.14 1,970 15,100 1.49 720TwinCreeksStockpiles(4) 100% 7,000 2.02 460 - - - 7,000 2.02 460 - - -Sandman 100% - - - 1,200 1.23 50 1,200 1.23 50 1,000 1.85 60TurquoiseRidge(5) 25% 800 16.43 420 500 14.90 220 1,300 15.86 640 400 16.68 230

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TotalTwinCreeks,Nevada 8,800 3.37 960 29,300 2.29 2,160 38,100 2.54 3,120 16,500 1.91 1,010LongCanyon,Nevada 100% 500 3.84 60 14,000 3.50 1,580 14,500 3.52 1,640 6,400 1.86 380CC&V,Colorado 100% 76,100 0.60 1,470 39,200 0.56 710 115,300 0.59 2,180 21,600 0.50 350

TOTALNORTHAMERICA 117,600 1.15 4,350 319,900 0.94 9,640 437,500 0.99 13,990 115,600 0.99 3,680SouthAmericaConga,Peru 51.35% - - - 356,300 0.65 7,490 356,300 0.65 7,490 118,400 0.39 1,480Yanacocha,Peru 51.35% 5,700 0.45 80 58,800 0.86 1,620 64,500 0.82 1,700 89,800 1.04 3,000Merian,Suriname 75% 1,400 1.34 60 17,900 1.09 630 19,300 1.11 690 36,700 1.10 1,300

TOTALSOUTHAMERICA 7,100 0.62 140 433,000 0.70 9,740 440,100 0.70 9,880 244,900 0.73 5,780AsiaPacificBoddington,WesternAustralia 100% 108,700 0.48 1,690 245,500 0.53 4,140 354,200 0.51 5,830 7,500 0.58 140Tanami,NorthernTerritory 100% - 1.32 - 2,600 5.53 460 2,600 5.53 460 3,200 5.85 610Kalgoorlie,WesternAustralia 50% 3,100 0.67 70 11,000 0.95 330 14,100 0.89 400 600 2.47 40

TOTALASIAPACIFIC 111,800 0.49 1,760 259,100 0.59 4,930 370,900 0.56 6,690 11,300 2.18 790AfricaAhafo 100% 1,200 0.59 20 29,200 1.22 1,140 30,400 1.19 1,160 15,300 1.60 790AhafoUnderground 100% - - - 7,800 4.26 1,070 7,800 4.26 1,070 12,600 3.90 1,580TotalAhafo,Ghana 1,200 0.59 20 37,000 1.86 2,210 38,200 1.82 2,230 27,900 2.64 2,370AhafoNorth,Ghana 100% 2,300 1.16 90 7,100 1.73 390 9,400 1.59 480 10,000 1.78 570Akyem,Ghana 100% 1,000 1.61 50 8,300 1.12 300 9,300 1.17 350 16,500 1.52 810

TOTALAFRICA 4,500 1.11 160 52,400 1.72 2,900 56,900 1.68 3,060 54,400 2.14 3,750TOTALNEWMONTWORLDWIDE 241,000 0.83 6,410 1,064,400 0.80 27,210 1,305,400 0.80 33,620 426,200 1.02 14,000

SeefootnotesinGoldResourcesU.S.unitstable.

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AttributableCopperReserves(1)U.S.UnitsDecember31,2016 December31,2015

ProvenReserves ProbableReserves Proven+ProbableReserves Proven+ProbableReserveDeposits/Districts NewmontShare Tonnage(2) Grade Copper(3) Tonnage(2) Grade Copper(3) Tonnage(2) Grade Copper(3) Metallurgical Tonnage(2) Grade Copper(3)

(x1000tons) (Cu%) (millionpounds) (x1000tons) (Cu%) (millionpounds) (x1000tons) (Cu%) (millionpounds) Recovery(3) (x1000tons) (Cu%) (millionpounds)NorthAmericaPhoenix,Nevada(4) 100% 19,100 0.21% 80 376,400 0.16% 1,180 395,500 0.16% 1,260 62% 527,400 0.17% 1,750

TOTALNORTHAMERICA

19,100

0.21%

80

376,4000.16%

1,180

395,500

0.16%

1,260

62%

527,400

0.17%

1,750

AsiaPacificBoddingtonOpenPit,WesternAustralia(5) 100% 226,400 0.11% 480 241,200 0.12% 580 467,600 0.11% 1,060 79% 511,700 0.11% 1,160BoddingtonStockpiles,WesternAustralia(6)

100%

15,800

0.09%

30

83,800

0.08%

140

99,600

0.09%

170

72%

93,400

0.08%

150TOTALASIAPACIFIC 242,200 0.10% 510 325,000 0.11% 720 567,200 0.11% 1,230 78% 605,100 0.11% 1,310TOTALNEWMONTCONTINUINGOPERATIONS

261,300

0.11%

590

701,400

0.14%

1,900

962,700

0.13%

2,490

70%

1,132,500

0.14%

3,060

BatuHijauOpenPit,Indonesia(7) 48.5% - 0.00% - - 0.00% - - 0.00% - 0% 134,500 0.50% 1,340BatuHijauStockpiles,Indonesia(6)(7)

48.5%

-0.00%

-

-0.00%

-

-0.00%

-

0%

184,8000.34%

1,270

TOTALNEWMONTWORLDWIDE

261,300

0.11%

590

701,400

0.14%

1,900

962,700

0.13%

2,490

70%

1,451,800

0.20%

5,670

(1) Seefootnote

(1)totheGoldReservestableabove.Copperreservesfor2016werecalculatedatacopperpriceof$2.50orA$3.35perpound.Copperreservesfor2015werecalculatedatacopperpriceof$2.75orA$3.45perpoundunlessotherwisenoted.

(2) Seefootnote(2)totheGoldReservestableabove.Tonnagesareroundedtonearest100,000.(3) Seefootnote(3)totheGoldReservestableabove.Poundsareroundedtothenearest10million.(4) Coppercut-offgradevarieswithlevelofgoldandsilvercredits.(5) Coppercut-offgradevarieswithlevelofgoldcredits.(6) Stockpilesarecomprisedprimarilyofmaterialthathasbeensetasidetoallowprocessingofhighergradematerialinthemills.Stockpilesincreaseordecreasedependingoncurrentmineplans.

Stockpilesarereportedseparatelywherepoundsexceed100millionandaregreaterthan5%ofthetotalsitereportedreserves.(7) NewmontdivesteditsinterestintheBatuHijaumineonNovember2,2016.Assuch,NewmontsharepercentagewaszeroasofDecember31,2016.ThepercentagefigureaboveforBatuHijau

representsNewmontinterestasofDecember31,2015of48.5%.

AttributableCopperReserves(1)MetricUnitsDecember31,2016 December31,2015

ProvenReserves ProbableReserves Proven+ProbableReserves Proven+ProbableReserveDeposits/Districts NewmontShare Tonnage(2) Grade Copper(3) Tonnage(2) Grade Copper(3) Tonnage(2) Grade Copper(3) Metallurgical Tonnage(2) Grade Copper(3) (x1000tonnes) (Cu%) (Tonnes) (x1000tonnes) (Cu%) (Tonnes) (x1000tonnes) (Cu%) (Tonnes) Recovery (x1000tonnes) (Cu%) (Tonnes)NorthAmericaPhoenix,Nevada 100% 17,200 0.21% 36,980 341,500 0.16% 535,480 358,700 0.16% 572,460 62% 478,400 0.17% 796,480TOTALNORTHAMERICA 17,200 0.21% 36,980 341,500 0.16% 535,480 358,700 0.16% 572,460 62% 478,400 0.17% 796,480AsiaPacificBoddingtonOpenPit,WesternAustralia 100% 205,400 0.11% 216,720 218,800 0.12% 263,710 424,200 0.11% 480,430 79% 464,300 0.11% 523,670BoddingtonStockpiles,WesternAustralia(6)

100%

14,400

0.09%

12,650

76,000

0.08%

64,530

90,400

0.09%

77,180

72%

84,800

0.08%

71,380TOTALASIAPACIFIC 219,800 0.10% 229,370 294,800 0.11% 328,240 514,600 0.11% 557,610 78% 549,100 0.11% 595,050TOTALNEWMONTCONTINUINGOPERATIONS

237,000

0.11%

266,350

636,300

0.14%

863,720

873,300

0.13%

1,130,070

70%

1,027,500

0.14%

1,391,530

BatuHijauOpenPit,Indonesia(7) 48.5% - 0.00% - - 0.00% - - 0.00% - 0% 122,100 0.50% 606,500BatuHijauStockpiles,Indonesia(6)(7)

48.5%

-0.00%

-

-0.00%

-

-0.00%

-

0%

167,7000.34%

576,300

TOTALNEWMONTWORLDWIDE

237,000

0.11%

266,350

636,300

0.14%

863,720

873,300

0.13%

1,130,070

70%

1,317,300

0.20%

2,574,330

SeefootnotesunderCopperReservesU.S.unitstable.

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AttributableCopperMineralResources(1)(2)U.S.UnitsDecember31,2016

MeasuredResources IndicatedResources Measured+IndicatedResources InferredResourcesDeposits/Districts NewmontShare Tonnage Grade Copper Tonnage Grade Copper Tonnage Grade Copper Tonnage Grade Copper (x1000tons) (Cu%) (millionPounds) (x1000tons) (Cu%) (millionPounds) (x1000tons) (Cu%) (millionPounds) (x1000tons) (Cu%) (millionPounds)NorthAmericaPhoenix,Nevada 100% 700 0.10% - 256,300 0.13% 670 257,000 0.13% 670 87,100 0.14% 250

TOTALNORTHAMERICA 700 0.10% - 256,300 0.13% 670 257,000 0.13% 670 87,100 0.14% 250SouthAmericaConga,Peru 51.35% - 0.00% - 392,700 0.26% 2,040 392,700 0.26% 2,040 130,500 0.19% 480Yanacocha,Peru 51.35% - 0.00% - 57,000 0.67% 760 57,000 0.67% 760 5,700 0.35% 40

TOTALSOUTHAMERICA - 0.00% - 449,700 0.31% 2,800 449,700 0.31% 2,800 136,200 0.19% 520AsiaPacificBoddington,WesternAustralia 100% 119,700 0.09% 220 270,700 0.11% 590 390,400 0.10% 810 8,300 0.10% 20

TOTALASIAPACIFIC 119,700 0.09% 220 270,700 0.11% 590 390,400 0.10% 810 8,300 0.10% 20TOTALNEWMONTWORLDWIDE

120,400

0.09%

220

976,700

0.21%

4,060

1,097,100

0.19%

4,280

231,600

0.17%

790

(1) Resourcesarereportedexclusiveofreserves.MeasuredandIndicatedResources(combined)areequivalenttoMineralizedMaterialdisclosedinNewmont’sForm10-Kfiling.(2) Resourcesarecalculatedatacopperpriceof$3.00orA$3.75perpoundfor2016andatacopperpriceof$3.50orA$4.15perpoundfor2015unlessotherwisenoted.Tonnageamountshavebeen

roundedtothenearest100,000,andpoundshavebeenroundedtothenearest10million.

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AttributableCopperMineralResources(1)(2)MetricUnitsDecember31,2016

MeasuredResources IndicatedResources Measured+IndicatedResources InferredResourcesDeposits/Districts NewmontShare Tonnage Grade Copper Tonnage Grade Copper Tonnage Grade Copper Tonnage Grade Copper (x1000tonnes) (Cu%) (tonnes) (x1000tonnes) (Cu%) (tonnes) (x1000tonnes) (Cu%) (tonnes) (x1000tonnes) (Cu%) (tonnes)NorthAmericaPhoenix,Nevada 100% 600 0.10% 680 232,500 0.13% 301,880 233,100 0.13% 302,560 79,000 0.14% 112,560

TOTALNORTHAMERICA 600 0.10% 680 232,500 0.13% 301,880 233,100 0.13% 302,560 79,000 0.14% 112,560SouthAmericaConga,Peru 51.35% - 0.00% - 356,300 0.26% 924,370 356,300 0.26% 924,370 118,400 0.19% 221,040Yanacocha,Peru 51.35% - 0.00% - 51,700 0.67% 344,000 51,700 0.67% 344,000 5,200 0.35% 18,130

TOTALSOUTHAMERICA - 0.00% - 408,000 0.31% 1,268,370 408,000 0.31% 1,268,370 123,600 0.19% 239,170AsiaPacificBoddington,WesternAustralia 100% 108,700 0.09% 100,180 245,500 0.11% 268,600 354,200 0.10% 368,780 7,500 0.10% 7,690

TOTALASIAPACIFIC 108,700 0.09% 100,180 245,500 0.11% 268,600 354,200 0.10% 368,780 7,500 0.10% 7,690TOTALNEWMONTWORLDWIDE 109,300 0.09% 100,860 886,000 0.21% 1,838,850 995,300 0.19% 1,939,710 210,100 0.17% 359,420

SeefootnotesunderCopperResourcesU.S.unitstable.

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AttributableProven,Probable,andCombinedSilverReserves(1)U.S.Units

December31,2016 December31,2015

ProvenReserves ProbableReservesProvenandProbable

ReservesMetallurgicalRecovery(3)

ProvenandProbableReserves

Deposits/DistrictsbyReportingUnit NewmontShare Tonnage(2) Grade Silver(3) Tonnage(2) Grade Silver(3) Tonnage(2) Grade Silver(3) Tonnage(2) Grade Silver(3) (x1000tons) (oz/ton) (x1000ozs) (x1000tons) (oz/ton) (x1000ozs) (x1000tons) (oz/ton) (x1000ozs) (x1000tons) (oz/ton) (x1000ozs)NorthAmericaPhoenix,Nevada 100% 4,800 0.29 1,390 251,800 0.24 59,520 256,600 0.24 60,910 38% 289,500 0.25 73,510

TOTALNORTHAMERICA 4,800 0.29 1,390 251,800 0.24 59,520 256,600 0.24 60,910 38% 289,500 0.25 73,510SouthAmericaYanacochaOpenPits 51.35% 17,900 0.21 3,680 29,000 0.22 6,350 46,900 0.21 10,030 16% 63,800 0.20 12,480YanacochaLeachPad(4) 51.35% - - - 50,500 0.25 12,390 50,500 0.25 12,390 6% 45,000 0.24 10,600YanacochaStockpiles(5) 51.35% 5,500 1.10 5,990 - - - 5,500 1.10 5,990 20% 7,800 0.99 7,720

TOTALSOUTHAMERICA 23,400 0.41 9,670 79,500 0.24 18,740 102,900 0.28 28,410 12% 116,600 0.26 30,800TOTALNEWMONTCONTINUINGOPERATIONS

28,200

0.39

11,060

331,300

0.24

78,260

359,500

0.25

89,320

30%

406,100

0.26

104,310

BatuHijauOpenPit(6) 48.5% - - - - - - - - - 0% 134,500 0.04 5,800BatuHijauStockpiles(5)(6) 48.5% - - - - - - - - - 0% 184,800 0.02 3,160

TOTALNEWMONTWORLDWIDE

28,200

0.39

11,060

331,300

0.24

78,260

359,500

0.25

89,320

30%

725,400

0.16

113,270

(1) Seefootnote(1)totheGoldReservestableabove.Silverreservesfor2016werecalculatedatasilverpriceof$17.Silverreservesfor2015werecalculatedatasilverpriceof$19.(2) Seefootnote(2)totheGoldReservestableabove.Tonnagesareroundedtonearest100,000.(3) Seefootnote(3)totheGoldReservestableabove.(4) LeachPadmaterialisthematerialonleachpadsattheendoftheyearfromwhichsilverremainstoberecovered.In-processmaterialreservesarereportedseparatelywheretonnageorouncesare

greaterthan5%ofthetotalsite-reportedreservesandouncesaregreaterthan100,000.(5) Stockpilesarecomprisedprimarilyofmaterialthathasbeensetasidetoallowprocessingofhighergradematerialinthemills.Stockpilesincreaseordecreasedependingoncurrentmineplans.

Stockpilereservesarereportedseparatelywhereouncesexceed100,000andaregreaterthan5%ofthetotalsite-reportedreserves.(6) NewmontdivesteditsinterestintheBatuHijaumineonNovember2,2016.Assuch,NewmontsharepercentagewaszeroasofDecember31,2016.ThepercentagefigureaboveforBatuHijau

representNewmontinterestasofDecember31,2015of48.5%.

AttributableProven,Probable,andCombinedSilverReserves(1)MetricUnitsDecember31,2016 December31,2015

ProvenReserves ProbableReserves ProvenandProbableReserves Metallurgical

Recovery(3)ProvenandProbable

ReservesDeposits/DistrictsbyReportingUnit

NewmontShare Tonnage(2)

Grade

Silver(3) Tonnage(2)

Grade

Silver(3) Tonnage(2)

Grade

Silver(3) Tonnage(2)

Grade

Silver(3)

(x1000tonnes) (g/tonne) (x1000ozs) (x1000tonnes) (g/tonne) (x1000ozs) (x1000tonnes) (g/tonne) (x1000ozs) (x1000tonnes) (g/tonne) (x1000ozs)NorthAmericaPhoenix,Nevada 100% 4,400 9.8 1,390 228,400 8.1 59,520 232,800 8.1 60,910 38% 262,600 8.7 73,510

TOTALNORTHAMERICA

4,400

9.8

1,390

228,400

8.1

59,520

232,800

8.1

60,910

38%

262,600

8.7

73,510

SouthAmericaYanacochaOpenPits,Peru 51.35% 16,200 7.0 3,680 26,300 7.5 6,350 42,500 7.3 10,030 16% 57,900 6.7 12,480YanacochaLeachPad,Peru(4) 51.35% - - - 45,800 8.4 12,390 45,800 8.4 12,390 6% 40,800 8.1 10,600YanacochaStockpiles,Peru(5)

51.35%

5,000

37.6

5,990

-

-

-

5,000

37.6

5,990

20%

7,100

33.8

7,720TOTALSOUTHAMERICA

21,200

14.2

9,670

72,100

8.1

18,740

93,300

9.5

28,410

12%

105,800

9.1

30,800

TOTALNEWMONTCONTINUINGOPERATIONS

25,600

13.4

11,060

300,500

8.1

78,260

326,100

8.5

89,320

30%

368,400

8.8

104,310

BatuHijauOpenPit,Indonesia(6) 48.5% - - - - - - - - - 0% 122,100 1.5 5,800BatuHijauStockpiles,Indonesia(5)(6)

48.5%

-

-

-

-

-

-

-

-

-

0%

167,700

0.6

3,160TOTALNEWMONTWORLDWIDE

25,600

13.4

11,060

300,500

8.1

78,260

326,100

8.5

89,320

30%

658,200

5.4

113,270

SeeFootnotesunderSilverReservesU.S.unitstable.

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AttributableSilverMineralResources(1)(2)U.S.UnitsDecember31,2016

MeasuredResources IndicatedResources Measured+IndicatedResources InferredResourcesDeposits/Districts NewmontShare Tonnage Grade Ag Tonnage Grade Ag Tonnage Grade Ag Tonnage Grade Ag (x1000tons) (oz/ton) (x1000ozs) (x1000tons) (oz/ton) (x1000ozs) (x1000tons) (oz/ton) (x1000ozs) (x1000tons) (oz/ton) (x1000ozs)NorthAmericaSandman,Nevada 100% - - - 1,300 0.20 260 1,300 0.20 260 1,100 0.12 140Phoenix,Nevada 100% 700 0.20 150 177,400 0.21 37,310 178,100 0.21 37,460 60,800 0.23 13,710

TOTALNORTHAMERICA 700 0.20 150 178,700 0.21 37,570 179,400 0.21 37,720 61,900 0.22 13,850SouthAmericaConga,Peru 51.35% - - - 392,700 0.06 23,580 392,700 0.06 23,580 99,100 0.03 3,250Yanacocha,Peru 51.35% 6,300 0.16 1,020 57,500 0.58 33,170 63,800 0.54 34,190 3,300 0.34 1,140

TOTALSOUTHAMERICA 6,300 0.16 1,020 450,200 0.13 56,750 456,500 0.13 57,770 102,400 0.04 4,390TOTALNEWMONTWORLDWIDE 7,000 0.17 1,170 628,900 0.15 94,320 635,900 0.15 95,490 164,300 0.11 18,240

(1) Resourcesarereportedexclusiveofreserves.MeasuredandIndicatedResources(combined)areequivalenttoMineralizedMaterialdisclosedinNewmont’sForm10-Kfiling.(2) Resourcefor2016wascalculatedatasilverpriceof$20perounceandatasilverpriceof$24perouncefor2015.Tonnageamountshavebeenroundedtothenearest100,000.

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AttributableSilverMineralResources(1)(2)MetricUnitsDecember31,2016

MeasuredResources IndicatedResources Measured+IndicatedResources InferredResourcesDeposits/Districts NewmontShare Tonnage Grade Ag Tonnage Grade Ag Tonnage Grade Ag Tonnage Grade Ag (x1000tonnes) (g/tonne) (x1000ozs) (x1000tonnes) (g/tonne) (x1000ozs) (x1000tonnes) (g/tonne) (x1000ozs) (x1000tonnes) (g/tonne) (x1000ozs)NorthAmericaSandman,Nevada 100% - - - 1,200 6.8 260 1,200 6.8 260 1,100 4.1 140Phoenix,Nevada 100% 700 6.9 150 160,900 7.2 37,310 161,600 7.2 37,460 55,100 7.7 13,710TOTALNORTHAMERICA 700 6.9 150 162,100 7.2 37,570 162,800 7.2 37,720 56,200 7.7 13,850SouthAmericaConga,Peru 51.35% - - - 356,300 2.1 23,580 356,300 2.1 23,580 89,900 1.1 3,250Yanacocha,Peru 51.35% 5,600 5.6 1,020 52,100 19.8 33,170 57,700 18.4 34,190 3,000 11.7 1,140TOTALSOUTHAMERICA 5,600 5.6 1,020 408,400 4.3 56,750 414,000 4.3 57,770 92,900 1.5 4,390TOTALNEWMONTWORLDWIDE

6,300

5.7

1,170

570,500

5.1

94,320

576,800

5.1

95,490

149,100

3.8

18,240

SeeFootnotesunderSilverResourcesU.S.unitstable.

Page 44: WASHINGTON, D.C.20549 SECURITIES …d18rn0p25nwr6d.cloudfront.net/CIK-0001164727/b52ed...December 31, 2016. A copy of the news release is furnished as Exhibit 99.2 to this report.

CautionaryStatementregardingReservesandResources:

The“reserves”disclosedinthisreleasehavebeenpreparedincompliancewithIndustryGuide7publishedbytheSEC.Asusedinthisnewsrelease,theterm“reserve”meansthatpartofamineraldepositthatcanbeeconomicallyandlegallyextractedorproducedatthetimeofthereservedetermination.Theterm“economically,”asusedinthisdefinition,meansthatprofitableextractionorproductionhasbeenestablishedoranalyticallydemonstratedinafeasibilitystudytobeviableandjustifiableunderreasonableinvestmentandmarketassumptions.Theterm“legally,”asusedinthisdefinition,doesnotimplythatallpermitsneededforminingandprocessinghavebeenobtainedorthatotherlegalissueshavebeencompletelyresolved.However,forareservetoexist,Newmontmusthaveajustifiableexpectation,basedonapplicablelawsandregulations,thatissuanceofpermitsorresolutionoflegalissuesnecessaryforminingandprocessingataparticulardepositwillbeaccomplishedintheordinarycourseandinatimeframeconsistentwithNewmont’scurrentmineplans.Reservesinthisnewsreleaseareaggregatedfromtheprovenandprobableclasses.

Theterm“provenreserves”usedinthetablesofthisnewsreleasemeansreservesforwhich(a)quantityiscomputedfromdimensionsrevealedinoutcrops,trenches,workingsordrillholes;(b)gradeand/orqualityarecomputedfromtheresultsofdetailedsampling;and(c)thesitesforinspection,samplingandmeasurementsarespacedsocloselyandthegeologiccharacterissufficientlydefinedthatsize,shape,depthandmineralcontentofreservesarewellestablished.Theterm“probablereserves”meansreservesforwhichquantityandgradearecomputedfrominformationsimilartothatusedforprovenreserves,butthesitesforsamplingarefartherapartorareotherwiselesscloselyspaced.Thedegreeofassurance,althoughlowerthanthatforprovenreserves,ishighenoughtoassumecontinuitybetweenpointsofobservation.NewmontclassifiesallreservesasProbableonitsdevelopmentprojectsuntilayearofproductionhasconfirmedallassumptionsmadeinthereserveestimates.Provenandprobablereservesincludegold,copperorsilverattributabletoNewmont’sownershiporeconomicinterest.Provenandprobablereserveswerecalculatedusingcut-offgrades.Theterm“cut-offgrade”meansthelowestgradeofmineralizedmaterialconsideredeconomictoprocess.Cut-offgradesvarybetweendepositsdependinguponprevailingeconomicconditions,mineabilityofthedeposit,by-products,amenabilityoftheoretogold,copperorsilverextractionandtypeofmillingorleachingfacilitiesavailable.

Theterms“resources”and“Measured,IndicatedandInferredresources”areusedinthisnewsrelease.InvestorsareadvisedthattheSECdoesnotrecognizetheseterms.Newmonthasdeterminedthatsuch“resources”wouldbesubstantivelythesameasthosepreparedusingtheGuidelinesestablishedbytheSocietyofMining,MetallurgyandExploration(SME)anddefinedas“MineralResource”.Estimatesofresourcesaresubjecttofurtherexplorationanddevelopment,aresubjecttoadditionalrisks,andnoassurancecanbegiventhattheywilleventuallyconverttofuturereserves.Inferredresources,inparticular,haveagreatamountofuncertaintyastotheirexistenceandtheireconomicandlegalfeasibility.InvestorsarecautionednottoassumethatanypartoralloftheInferredresourceexists,oriseconomicallyorlegallymineable.Also,disclosureofcontainedouncesispermittedundertheSMEGuidelineandotherregulatoryguidelines,suchasCanada’sNI43-101andAustralia’sJORC.However,theSECgenerallyrequiresmineralresourceinformationinSEC-fileddocumentstobereportedonlyasin-placetonnageandgrade.Investorsareremindedthatevenifsignificantmineralizationisdiscoveredandconvertedtoreserves,duringthetimenecessarytoultimatelymovesuchmineralizationtoproductiontheeconomicfeasibilityofproductionmaychange.SeetheCompany’sAnnualReportforthe“ProvenandProbableReserve”and“MineralizedMaterial”tablespreparedincompliancewiththeSEC’sIndustryGuide7,availableathttp://www.newmont.com/our-investors/financial-reporting/sec-filingsandonwww.sec.gov.InvestorsareremindedthatthetablespresentedintheAnnualReportareestimatesasofDecember31,2016andwerepresentedonanattributablebasisreflectingtheCompany’sownershipinterestatsuchtime.

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CautionaryStatementRegardingForwardLookingStatements:

Thisreleasecontains“forward-lookingstatements”withinthemeaningofSection27AoftheSecuritiesActof1933,asamended,andSection21EoftheSecuritiesExchangeActof1934,asamended,whichareintendedtobecoveredbythesafeharborcreatedbysuchsectionsandotherapplicablelaws.Suchforward-lookingstatementsmayinclude,withoutlimitation,estimatesandexpectationsoffutureexplorationexpendituresandactivities.WheretheCompanyexpressesorimpliesanexpectationorbeliefastofutureeventsorresults,suchexpectationorbeliefisexpressedingoodfaithandbelievedtohaveareasonablebasis.However,suchstatementsaresubjecttorisks,uncertaintiesandotherfactors,whichcouldcauseactualresultstodiffermateriallyfromfutureresultsexpressedorimpliedbythe“forward-lookingstatements”.Foradiscussionofsuchrisksrelatingtoourbusinessandotherfactors,seetheCompany’sForm10-K,filedonoraboutFebruary21,2017,withtheSecuritiesandExchangeCommissionundertheheadings“RiskFactors”and“Forward-LookingStatements.”TheCompanydoesnotundertakeanyobligationtoreleasepubliclyrevisionstoany“forward-lookingstatement,”including,withoutlimitation,outlook,toreflecteventsorcircumstancesafterthedateofthisnewsrelease,ortoreflecttheoccurrenceofunanticipatedevents,exceptasmayberequiredunderapplicablesecuritieslaws.Investorsshouldnotassumethatanylackofupdatetoapreviouslyissued“forward-lookingstatement”constitutesareaffirmationofthatstatement.Continuedrelianceon“forward-lookingstatements”isatinvestors'ownrisk.

CONTACT:NewmontMiningCorporationInvestorContactsMeredithBandy,[email protected],[email protected]


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