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Press release from PR Newswire

Newmont Mining Corporation of Canada Limited Announces Shareholder Meeting

Monday, October 31, 2011

Newmont Mining Corporation of Canada Limited Announces Shareholder Meeting09:00 EDT Monday, October 31, 2011TORONTO, Oct. 31, 2011 /PRNewswire/ -- Newmont Mining Corporation of Canada Limited (the "Company") (TSX: NMC), a subsidiary of Newmont Mining Corporation (NYSE: NEM), today announced that a special meeting of the holders of the Company's exchangeable shares will be held on December 9, 2011 in Toronto, Ontario to consider a reorganization involving the Company and certain of its affiliates. The reorganization is intended to provide a more flexible and efficient corporate structure for the exchangeable shares and would not substantively affect the rights of the holders of the Company's exchangeable shares.Information regarding the reorganization will be included in an information circular that will be mailed to holders of the exchangeable shares in mid-November. Cautionary Statement: This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbor created by such sections and other applicable laws, and "forward-looking information" within the meaning of applicable Canadian securities laws which are intended to be covered by the safe harbor created by such laws (such forward-looking statement and forward-looking information being referred to in this release as "forward-looking statements"), including those relating to the anticipated benefits and effects of the proposed reorganization, involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results expressed or implied by those forward-looking statements. Forward-looking statements are based on various factors and assumptions and involve certain risks and uncertainties (including those that will be described in the information circular that will be mailed to holders of the Company's exchangeable shares), should not be interpreted as guarantees of future results, should not be unduly relied upon, and will not necessarily be accurate indications of whether or not such results will be achieved.SOURCE Newmont Mining CorporationFor further information: Media, Omar Jabara, +1-303-837-5114, omar.jabara@newmont.com, or Diane Reberger, +1-303-967-9455, diane.reberger@newmont.com, or Investors, John Seaberg, +1-303-837-5743, john.seaberg@newmont.com, or Karli Anderson, +1-303-837-6049, karli.anderson@newmont.com, all of Newmont Mining Corporation