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Newmont Corp. TSX: NGT-T

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Newmont Reports 2020 Mineral Reserves of 94 Million Gold Ounces Replacing 80 Percent of Depletion

BusinessWire - Wed Feb 10, 6:00AM CST

Newmont Corporation (NYSE: NEM, TSX: NGT) reported gold Mineral Reserves (reserves) of 94.2 million attributable ounces for 2020 as compared to the Company's adjusted(1) 95.7 million ounces at the end of 2019. Newmont exceeded its 2020 conversion target by replacing 80 percent of all depletion and maintaining its industry-leading position with the largest gold reserves.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210210005297/en/

"As the world's leading gold company, Newmont has an exceptional history of exploration success and a track record of consistently delivering on our commitments," said Tom Palmer, President and Chief Executive Officer. "In 2020, we added 6 million ounces of gold reserves overcoming the challenges of an unprecedented year. Newmont's ability to replace reserves is underpinned by our disciplined operating model and world-class portfolio which will support stable production for decades to come."

KEY HIGHLIGHTS AND DIFFERENTIATORS:

Industry's largest gold Mineral Reserves of 94.2 million ouncesOver 90 percent of gold reserves in top-tier jurisdictionsAddition of 6 million ounces in 2020, approximately 5 million ounces added through drillingGold reserve life at operating sites of >10 years underpinned by a strong base at Boddington, Tanami, Ahafo, Yanacocha, Penasquito, and Nevada Gold Mines (NGM), and further enhanced from our seven other operating mines and equity ownership in Pueblo ViejoSignificant gold reserves per share with 117 ounces per 1,000 shares, highest in the industryMeasured & Indicated gold Mineral Resources of 69.6 million ounces; Inferred of 31.6 million ouncesSignificant exposure to copper with 6.9 million tonnes in reserves, 8.0 million tonnes in Measured & Indicated resources and 3.9 million tonnes in Inferred resourcesAdditional exposure to silver, zinc, and lead mainly at Penasquito

PERCENTAGE OF GOLD RESERVES BY JURISDICTION

Newmont's reserve base is a key differentiator with over 90 percent of gold reserves located in top-tier jurisdictions, an operating reserve life of more than 10 years and average reserve grade of 1.03 grams per tonne. In addition, Newmont has substantial exposure to other metals, with nearly 65 million gold equivalent ounces(2) from copper, silver, zinc, lead and molybdenum.

PROVEN AND PROBABLE GOLD RESERVES(3)
In millions of ounces
2019 Gold Reserves         95.7      95.7  
Additions                   4.9       4.9  
Net Revisions               1.1       1.1  
Depletion                  (7.5      (7.5 )

For 2020, Newmont reported 94.2 million ounces of gold Mineral Reserves slightly lower than prior year total of 95.7 million ounces after adjusting for the KCGM and Red Lake divestments. Depletion of 7.5 million ounces was largely replaced by additions before revisions of 4.9 million ounces and net revisions of 1.1 million ounces primarily from mine plan improvements.

Additions before revisions of 4.9 million ounces through exploration met the Company's target despite challenges created by the pandemic with travel restrictions and additional safety protocols. Notable reserve additions for the year from Newmont's operating sites included:

Ahafo added 0.8 million ounces primarily from drilling at Subika UndergroundTanami added 0.6 million ounces from additional drilling at Auron and FederationMerian added 0.6 million equity ounces primarily through drilling at the Merian 2 Open PitNevada Gold Mines added 0.8 million equity ounces and Pueblo Viejo added 0.7 million equity ounces

Favorable net revisions include 1.7 million ounces at Boddington due to the conversion of a layback in the North Open Pit from resource to reserve, partially offset by net negative revision at NGM of 0.4 million ounces and revisions at Ahafo, Cripple Creek & Victor (CC&V), and Musselwhite from mine model and design updates.

Newmont has continued to make progress at recently acquired sites, demonstrating the Company's ability to improve operational performance and position operations for future growth through its proven operating model and disciplined technical standards. Highlights from select sites in 2020 net of revisions included:

Eleonore replaced depletion with reserves of 1.3 million ounces, as a result of positive drilling results along with cost improvements from Newmont's Full Potential programPorcupine more than offset depletion, with reserves of 3 million ounces largely due to progressing study work at the Pamour pit and nearly replacing depletion at the Borden UndergroundCerro Negro replaced depletion with reserves of 2.6 million ounces by advancing infill drilling at underground mines

Newmont's 38.5 percent interest in NGM represented 17.4 million equity ounces of gold reserves at year end, as compared to 18.6 million equity ounces at the end of 2019. PV represented 4.1 million equity ounces in gold reserves at year end as compared to 3.8 million equity ounces at the end of 2019, representing Newmont's 40 percent interest.

Gold reserve grade held constant at 1.03 grams per tonne compared to the prior year.

MEASURED & INDICATED GOLD RESOURCES(4)                       INFERRED GOLD RESOURCES(4) INFERRED GOLD RESOURCES(4)
In millions of ounces                                        In millions of ounces      In millions of ounces
2019 Gold Resources      74.1      74.1   2019 Gold Resources        2019 Gold Resources   29.4   29.4  
Additions                 3.4       3.4   Additions                  Additions              3.5    3.5  
Acquisitions              1.2       1.2   Acquisitions               Acquisitions           0.3    0.3  
Net Revisions            (1.8      (1.8 )                    Net Revisions              Net Revisions         (0.2   (0.2 )
Conversions              (7.3      (7.3 )                    Conversions                Conversions           (1.4   (1.4 )

In 2020, Newmont reported Measured and Indicated gold Mineral Resources of 69.6 million ounces as compared to 74.1 million ounces in the prior year. Inferred gold Mineral Resources totaled 31.6 million ounces as compared to 29.4 million ounces in 2019. The impact from the pandemic required Newmont to prioritize drilling programs in existing operations due to travel restrictions and impacted our ability to progress greenfield resources.

Measured and Indicated Gold Mineral Resources added through exploration programs were 3.4 million ounces and included notable additions before revisions at Yanacocha of 0.5 million equity ounces and 0.3 million ounces at Ahafo South, Porcupine and Eleonore. Additionally, NGM added 0.9 million equity ounces.

Measured and Indicated Gold Mineral Resources reported negative revisions of 1.8 million ounces mainly driven by Porcupine of 2.4 million ounces primarily due to updated study work at the Dome and Pamour West Open Pits partially offset by positive revisions in North and South America.

Inferred Gold Mineral Resources added through exploration programs were 3.5 million ounces and included notable additions at Tanami of 1.4 million ounces, Merian of 0.5 million equity ounces, Cerro Negro of 0.5 million ounces and Ahafo South of 0.4 million ounces. Inferred Gold Mineral Resources had negative net revisions of 0.2 million ounces.

The formation of the MARA project at Agua Rica increased Measured and Indicated gold Mineral Resources by 1.2 million ounces and Inferred Gold Resources by 0.4 million ounces.

Newmont's Measured and Indicated gold Mineral Resource grade decreased to 0.65 grams per tonne compared to 0.70 grams per tonne in the prior year largely from higher grade being converted to reserves. Inferred gold Mineral Resource grade of 0.65 grams per tonne increased compared with 0.63 grams per tonne from 2019.

OTHER METALS

Newmont's base metal reserves were largely stable from 2019. Copper reserves increased slightly to 6.9 million tonnes from 6.8 million tonnes in 2019. Copper resources increased to 8.0 million tonnes of Measured & Indicated and 3.9 million tonnes of Inferred from 6.8 million tonnes of Measured and Indicated and 3.5 million tonnes of Inferred due to additions at Newmont's Nueva Union joint venture and the formation of the Agua Rica joint venture.

Silver reserves decreased from 652 million ounces to 613 million ounces, largely due to depletion and the temporary suspension of exploration activities at Penasquito from COVID-19 restrictions. Measured and Indicated silver resources were 482 million ounces and Inferred were 204 million ounces with revisions at Penasquito, offsetting additions from Nueva Union and the MARA project at Agua Rica.

Lead reserves decreased to 1.3 million tonnes from 1.5 million, zinc reserves also decreased to 3.1 million tonnes from 3.4 million tonnes. In both cases the reduction was primarily due to depletion and the suspension of exploration activities at Penasquito from COVID-19 restrictions. Measured & Indicated zinc resources decreased to 1.7 million tonnes from 1.9 million tonnes and Inferred zinc resources decreased to 0.8 million tonnes from 1.0 million tonnes. Measured & Indicated lead resources remained consistent at 0.8 million tonnes and Inferred lead resources decreased to 0.4 million tonnes from 0.5 million tonnes.

EXPLORATION OUTLOOK

Newmont's total exploration expenditure is expected to be approximately $215 million in 2021 with 80 percent of total exploration investment dedicated to near-mine expansion programs and the remaining 20 percent allocated to the advancement of greenfield projects and innovation programs.

Additionally, Newmont's share of exploration investment for its non-managed joint ventures will total approximately $35 million.

Geographically, the Company expects to invest approximately 28 percent in North America, 25 percent in South America, 20 percent in Australia and the remainder in Africa and other locations.

GOLD RESERVE SENSITIVITY

A $100 increase in gold price would result in an approximate four percent increase in gold reserves while a $100 decrease in gold price would result in an approximate seven percent decrease in gold reserves. These sensitivities assume an oil price of $50 per barrel (WTI), Australian dollar exchange rate of $0.75 and Canadian dollar exchange rate of $0.77.

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

KEY RESERVE AND RESOURCE ASSUMPTIONS:

Years Ended December 31,        Years Ended December 31,
                                   ------------------------ ------------------------------------
                          2020             2020       2019
                                   ------------------------ --------                      --------
Gold Reserves (US$/oz.)                     $1,200           $1,200     $1,200
---------------------------------- ------------------------ -------- -------------------- --------
Gold Resources (US$/oz.)                    $1,400           $1,400     $1,400
---------------------------------- ------------------------ -------- -------------------- --------
Copper Reserves (US$/lb.)                    $2.75            $2.75      $2.75
---------------------------------- ------------------------ -------- -------------------- --------
Copper Resources (US$/lb.)                   $3.25            $3.25      $3.25
---------------------------------- ------------------------ -------- -------------------- --------
Silver Reserves (US$/oz.)                   $17.00           $17.00     $16.00
---------------------------------- ------------------------ -------- -------------------- --------
Silver Resources (US$/oz.)                  $20.00           $20.00     $20.00
---------------------------------- ------------------------ -------- -------------------- --------
Zinc Reserves (US$/lb.)                      $1.15            $1.15      $1.20
---------------------------------- ------------------------ -------- -------------------- --------
Zinc Resources (US$/lb.)                     $1.40            $1.40      $1.45
---------------------------------- ------------------------ -------- -------------------- --------
Lead Reserves (US$/lb.)                      $0.90            $0.90      $0.95
---------------------------------- ------------------------ -------- -------------------- --------
Lead Resources (US$/lb.)                     $1.10            $1.10      $1.15
---------------------------------- ------------------------ -------- -------------------- --------
Australian Dollar (A$:US$)                   $0.75            $0.75      $0.75
---------------------------------- ------------------------ -------- -------------------- --------
Canadian Dollar (C$:US$)                     $0.77            $0.77      $0.77
---------------------------------- ------------------------ -------- -------------------- --------
Mexican Peso (M$:US$)                       $19.50           $19.50     $19.50
---------------------------------- ------------------------ -------- -------------------- --------
West Texas Intermediate (US$/bbl.)            $50              $50        $60
---------------------------------- ------------------------ -------- -------------------- --------
(1)                  Newmont's reported 2019 gold Mineral Reserves of 100.2 million ounces, gold Measured and Indicated Mineral Resources of 76.7 million ounces, and gold Inferred Mineral Resources of 31.3 million ounces were adjusted for the sale of Red Lake and the Company's 50 percent interest in Kalgoorlie Consolidated Gold Mines (KCGM), which occurred during first quarter of 2020. Combined, these sites represented approximately 4.5 million ounces of gold Mineral Reserves and 2.6 million ounces of Measured and Indicated Mineral Resources (resources), bringing Newmont's adjusted 2019 gold Mineral Reserves to 95.7 million ounces and gold Measured and Indicated Mineral Resources to 74.1 million ounces. Newmont's adjusted 2019 Inferred gold Mineral Resources were 29.4 million ounces, after removal of 1.9 million ounces for the sale of Red Lake and KCGM. Newmont's reported 2019 gold Mineral Reserves of 100.2 million ounces, gold Measured and Indicated Mineral Resources of 76.7 million ounces, and gold Inferred Mineral Resources of 31.3 million ounces were adjusted for the sale of Red Lake and the Company's 50 percent interest in Kalgoorlie Consolidated Gold Mines (KCGM), which occurred during first quarter of 2020. Combined, these sites represented approximately 4.5 million ounces of gold Mineral Reserves and 2.6 million ounces of Measured and Indicated Mineral Resources (resources), bringing Newmont's adjusted 2019 gold Mineral Reserves to 95.7 million ounces and gold Measured and Indicated Mineral Resources to 74.1 million ounces. Newmont's adjusted 2019 Inferred gold Mineral Resources were 29.4 million ounces, after removal of 1.9 million ounces for the sale of Red Lake and KCGM.
                 (2)                                                                                                                                                                                                                                       Gold Equivalent Ounces calculated using Mineral Reserve pricing as shown in the Key Reserves and Resource Assumptions table above and metallurgical recoveries for each metal on a site by site basis.
 
(3)                  2019 Gold Reserves are adjusted for divestiture of Red Lake and KCGM.                                                                                                                                                                                                                                     2019 Gold Reserves are adjusted for divestiture of Red Lake and KCGM.
(4)                  2019 Measured & Indicated Gold Resource and 2019 Inferred Gold Resource adjusted for divestiture of Red Lake and KCGM.                                                                                                                                                                                                                                     2019 Measured & Indicated Gold Resource and 2019 Inferred Gold Resource adjusted for divestiture of Red Lake and KCGM.

RESERVE AND RESOURCE TABLES

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

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

We publish reserves annually, and will recalculate reserves at December 31, 2021, taking into account metal prices, changes, if any, to future production and capital costs, divestments and depletion as well as any acquisitions and additions during 2021. Reserve disclosures as at December 31, 2021 will be presented in the Annual Report on Form 10-K, expected to be filed in February 2022, in accordance with the new Regulation S-K 1300 requirements of the SEC; whereas reserve disclosures as at December 31, 2020, presented herein, have been prepared in accordance with the SEC's Industry Guide 7.

Attributable Proven, Probable and Combined Gold Reserves (1), Metric Units
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                                                                                                                                                                        December 31, 2020                                                                                                                                                                                                                                                                  December 31, 2019
---------------------------------------------------------------------  ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------                                            ----------------------------------------------------------------------------------------------------
                                                                                  Proven Reserves                                                                                           Probable Reserves                                                                                    Proven and Probable Reserves                                                                                   Proven and Probable Reserves
                                                                                                                 ----------------------------------------------------------------------------------------------------                          ----------------------------------------------------------------------------------------------------                          ----------------------------------------------------------------------------------------------------                                                                    ----------------------------------------------------------------------------------------------------
                                        Newmont              Tonnage (2)               Grade                Gold (3)              Tonnage (2)               Grade                Gold (3)              Tonnage (2)               Grade                Gold (3)             Metallurgical           Tonnage (2)               Grade                Gold (3)
Deposits/Districts                                        Share                Share             (x1000 tonnes)            (g/tonne)             (x1000 ozs)          (x1000 tonnes)            (g/tonne)             (x1000 ozs)          (x1000 tonnes)            (g/tonne)             (x1000 ozs)             Recovery            (x1000 tonnes)            (g/tonne)             (x1000 ozs)
------------------------------------------------- -------------------- -------------------                       --------------------                      --------------------                      --------------------                      --------------------                      --------------------                      --------------------                      --------------------                      --------------------                      --------------------                      -------------------                       --------------------                      --------------------                      --------------------
North America                                                                                            
                                                                   100        100 %                       85,300               85,300                 0.50                 0.50                1,370                1,370               19,900               19,900                 0.38                 0.38                  240                  240              105,200              105,200                 0.48                 0.48                1,610                1,610                   62             62 %                  118,500              118,500                 0.50                 0.50                1,910                1,910
  CC&V Open Pits (4)
                                                                   100        100 %               --       --           --       --               33,000               33,000                 0.82                 0.82                  880                  880               33,000               33,000                 0.82                 0.82                  880                  880                   57             57 %                   31,600               31,600                 0.88                 0.88                  890                  890
  CC&V Leach Pads (5)
                                                                                            -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------
                                                                    85,300               85,300                 0.50                 0.50                1,370                1,370               52,900               52,900                 0.66                 0.66                1,120                1,120              138,200              138,200                 0.56                 0.56                2,490                2,490                   61             61 %                  150,100              150,100                 0.58                 0.58                2,800                2,800
    Total CC&V, Colorado
                                                                   100        100 %               --       --           --       --       --       --           --       --       --       --           --       --       -- -- %                    4,600                4,600                 8.68                 8.68                1,300                1,300
  Red Lake, Canada (6)
                                                                   100        100 %                        1,900                1,900                 6.24                 6.24                  380                  380                7,000                7,000                 6.25                 6.25                1,410                1,410                8,900                8,900                 6.25                 6.25                1,790                1,790                   95             95 %                    9,900                9,900                 6.52                 6.52                2,090                2,090
  Musselwhite, Canada (7)
                                                                   100        100 %                        2,200                2,200                 7.86                 7.86                  550                  550                2,800                2,800                 6.14                 6.14                  550                  550                5,000                5,000                 6.90                 6.90                1,100                1,100                   91             91 %                    4,900                4,900                 7.33                 7.33                1,150                1,150
  Porcupine Underground (8)
                                                                   100        100 %                        8,200                8,200                 1.53                 1.53                  410                  410               34,100               34,100                 1.40                 1.40                1,540                1,540               42,300               42,300                 1.43                 1.43                1,950                1,950                   94             94 %                   44,600               44,600                 1.16                 1.16                1,670                1,670
  Porcupine Open Pit (9)
                                                                                            -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------
                                                                    10,400               10,400                 2.87                 2.87                  960                  960               36,900               36,900                 1.76                 1.76                2,090                2,090               47,300               47,300                 2.01                 2.01                3,050                3,050                   93             93 %                   49,500               49,500                 1.77                 1.77                2,820                2,820
    Total Porcupine, Canada
                                                                   100        100 %                        1,400                1,400                 5.75                 5.75                  260                  260                6,400                6,400                 4.84                 4.84                1,000                1,000                7,800                7,800                 5.00                 5.00                1,260                1,260                   93             93 %                    7,400                7,400                 5.31                 5.31                1,280                1,280
  Eleonore, Canada (10)
                                                                   100        100 %                      100,100              100,100                 0.64                 0.64                2,060                2,060              248,100              248,100                 0.58                 0.58                4,620                4,620              348,200              348,200                 0.60                 0.60                6,680                6,680                   71             71 %                  409,700              409,700                 0.60                 0.60                7,860                7,860
  Penasquito Open Pit
                                                                   100        100 %                       11,800               11,800                 0.65                 0.65                  250                  250               27,800               27,800                 0.19                 0.19                  170                  170               39,600               39,600                 0.33                 0.33                  420                  420                   53             53 %                   31,800               31,800                 0.22                 0.22                  220                  220
  Penasquito Stockpiles
                                                                                            -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------
                                                                   111,900              111,900                 0.64                 0.64                2,310                2,310              275,900              275,900                 0.54                 0.54                4,790                4,790              387,800              387,800                 0.57                 0.57                7,100                7,100                   70             70 %                  441,500              441,500                 0.57                 0.57                8,080                8,080
    Total Penasquito, Mexico (11)
                                                                                            -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------
TOTAL NORTH AMERICA                                                210,900              210,900                 0.78                 0.78                5,280                5,280              379,100              379,100                 0.85                 0.85               10,410               10,410              590,000              590,000                 0.83                 0.83               15,690               15,690                   78             78 %                  663,000              663,000                 0.86                 0.86               18,370               18,370
                                                                                            -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------
South America                                                                                            
                                                                 51.35      51.35 %                        5,800                5,800                 0.64                 0.64                  120                  120               89,300               89,300                 0.66                 0.66                1,900                1,900               95,100               95,100                 0.66                 0.66                2,020                2,020                   60             60 %                  107,700              107,700                 0.65                 0.65                2,260                2,260
  Yanacocha Open Pits (12)
                                                                 51.35      51.35 %               --       --           --       --                7,000                7,000                 6.20                 6.20                1,390                1,390                7,000                7,000                 6.20                 6.20                1,390                1,390                   97             97 %                    6,000                6,000                 6.88                 6.88                1,310                1,310
  Yanacocha Underground (13)
                                                                                            -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------
                                                                     5,800                5,800                 0.64                 0.64                  120                  120               96,300               96,300                 1.06                 1.06                3,290                3,290              102,100              102,100                 1.04                 1.04                3,410                3,410                   75             75 %                  113,700              113,700                 0.98                 0.98                3,570                3,570
    Total Yanacocha, Peru
                                                                    75         75 %                       50,100               50,100                 1.30                 1.30                2,100                2,100               57,400               57,400                 1.01                 1.01                1,870                1,870              107,500              107,500                 1.15                 1.15                3,970                3,970                   93             93 %                   87,700               87,700                 1.23                 1.23                3,480                3,480
  Merian, Suriname (14)
                                                                   100        100 %                        2,400                2,400                 8.35                 8.35                  630                  630                6,600                6,600                 9.10                 9.10                1,940                1,940                9,000                9,000                 8.90                 8.90                2,570                2,570                   91             91 %                    8,400                8,400                 9.70                 9.70                2,600                2,600
  Cerro Negro, Argentina (15)
                                                                    40         40 %                        9,500                9,500                 2.41                 2.41                  730                  730               10,100               10,100                 2.27                 2.27                  740                  740               19,600               19,600                 2.34                 2.34                1,470                1,470                   91             91 %                   12,300               12,300                 2.70                 2.70                1,070                1,070
  Pueblo Viejo Open Pits
                                                                    40         40 %               --       --           --       --               35,800               35,800                 2.30                 2.30                2,640                2,640               35,800               35,800                 2.30                 2.30                2,640                2,640                   89             89 %                   35,300               35,300                 2.41                 2.41                2,740                2,740
  Pueblo Viejo Stockpiles (16)
                                                                                            -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------
                                                                     9,500                9,500                 2.41                 2.41                  730                  730               45,900               45,900                 2.29                 2.29                3,380                3,380               55,400               55,400                 2.31                 2.31                4,110                4,110                   90             90 %                   47,600               47,600                 2.49                 2.49                3,810                3,810
    Total Pueblo Viejo, Dominican Republic(17)
                                                                    50         50 %               --       --           --       --              341,100              341,100                 0.47                 0.47                5,110                5,110              341,100              341,100                 0.47                 0.47                5,110                5,110                   66             66 %                  341,100              341,100                 0.47                 0.47                5,150                5,150
  NuevaUnion, Chile (18)
                                                                    50         50 %               --       --           --       --              598,800              598,800                 0.60                 0.60               11,620               11,620              598,800              598,800                 0.60                 0.60               11,620               11,620                   74             74 %                  598,800              598,800                 0.60                 0.60               11,620               11,620
  Norte Abierto, Chile (19)
                                                                                            -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------
TOTAL SOUTH AMERICA                                                 67,800               67,800                 1.65                 1.65                3,580                3,580            1,146,100            1,146,100                 0.74                 0.74               27,210               27,210            1,213,900            1,213,900                 0.79                 0.79               30,790               30,790                   79             79 %                1,197,300            1,197,300                 0.79                 0.79               30,230               30,230
                                                                                            -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------
Australia                                                                                                
                                                                   100        100 %                      247,100              247,100                 0.68                 0.68                5,430                5,430              287,600              287,600                 0.66                 0.66                6,060                6,060              534,700              534,700                 0.67                 0.67               11,490               11,490                   85             85 %                  481,000              481,000                 0.69                 0.69               10,720               10,720
  Boddington Open Pit (20)
                                                                   100        100 %                        1,600                1,600                 0.79                 0.79                   40                   40               84,800               84,800                 0.43                 0.43                1,160                1,160               86,400               86,400                 0.43                 0.43                1,200                1,200                   78             78 %                   85,300               85,300                 0.44                 0.44                1,210                1,210
  Boddington Stockpiles (16)
                                                                                            -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------
                                                                   248,700              248,700                 0.69                 0.69                5,470                5,470              372,400              372,400                 0.60                 0.60                7,220                7,220              621,100              621,100                 0.64                 0.64               12,690               12,690                   85             85 %                  566,300              566,300                 0.65                 0.65               11,930               11,930
    Total Boddington, Western Australia
                                                                   100        100 %                       14,600               14,600                 4.89                 4.89                2,290                2,290               21,600               21,600                 5.15                 5.15                3,580                3,580               36,200               36,200                 5.05                 5.05                5,870                5,870                   98             98 %                   33,200               33,200                 5.31                 5.31                5,680                5,680
  Tanami, Northern Territory (21)
                                                                    50         50 %               --       --           --       --       --       --           --       --       --       --           --       --       -- -- %                   24,100               24,100                 2.02                 2.02                1,560                1,560
  Kalgoorlie Open Pit and Underground
                                                                    50         50 %               --       --           --       --       --       --           --       --       --       --           --       --       -- -- %                   65,000               65,000                 0.76                 0.76                1,580                1,580
  Kalgoorlie Stockpiles
                                                                                            -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------
                                                            --       --           --       --       --       --           --       --       --       --           --       --       -- -- %                   89,100               89,100                 1.10                 1.10                3,140                3,140
    Total Kalgoorlie, Western Australia (22)
                                                                                            -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------
TOTAL AUSTRALIA                                                    263,300              263,300                 0.92                 0.92                7,760                7,760              394,000              394,000                 0.85                 0.85               10,800               10,800              657,300              657,300                 0.88                 0.88               18,560               18,560                   89             89 %                  688,600              688,600                 0.94                 0.94               20,750               20,750
                                                                                            -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------
Africa                                                                                                   
                                                                   100        100 %                       11,900               11,900                 2.41                 2.41                  910                  910               38,100               38,100                 1.75                 1.75                2,140                2,140               50,000               50,000                 1.90                 1.90                3,050                3,050                   90             90 %                   57,200               57,200                 1.90                 1.90                3,490                3,490
  Ahafo South Open Pits (23)
                                                                   100        100 %                        7,500                7,500                 3.91                 3.91                  950                  950                9,600                9,600                 3.23                 3.23                  990                  990               17,100               17,100                 3.53                 3.53                1,940                1,940                   94             94 %                   14,500               14,500                 3.29                 3.29                1,540                1,540
  Ahafo South Underground (24)
                                                                   100        100 %                       36,200               36,200                 0.92                 0.92                1,070                1,070       --       --           --       --               36,200               36,200                 0.92                 0.92                1,070                1,070                   88             88 %                   38,300               38,300                 0.92                 0.92                1,140                1,140
  Ahafo South Stockpiles (16)
                                                                                            -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------
                                                                    55,600               55,600                 1.64                 1.64                2,930                2,930               47,700               47,700                 2.04                 2.04                3,130                3,130              103,300              103,300                 1.82                 1.82                6,060                6,060                   91             91 %                  110,000              110,000                 1.74                 1.74                6,170                6,170
    Total Ahafo South, Ghana
                                                                   100        100 %               --       --           --       --               45,100               45,100                 2.40                 2.40                3,480                3,480               45,100               45,100                 2.40                 2.40                3,480                3,480                   91             91 %                   45,100               45,100                 2.40                 2.40                3,470                3,470
  Ahafo North, Ghana (25)
                                                                   100        100 %                       17,100               17,100                 1.67                 1.67                  920                  920               17,100               17,100                 1.73                 1.73                  950                  950               34,200               34,200                 1.70                 1.70                1,870                1,870                   91             91 %                   38,900               38,900                 1.70                 1.70                2,120                2,120
  Akyem Open Pit (26)
                                                                   100        100 %                       15,100               15,100                 0.82                 0.82                  400                  400       --       --           --       --               15,100               15,100                 0.82                 0.82                  400                  400                   90             90 %                   16,400               16,400                 0.88                 0.88                  460                  460
  Akyem Stockpiles (16)
                                                                                            -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------
                                                                    32,200               32,200                 1.27                 1.27                1,320                1,320               17,100               17,100                 1.73                 1.73                  950                  950               49,300               49,300                 1.43                 1.43                2,270                2,270                   90             90 %                   55,300               55,300                 1.46                 1.46                2,580                2,580
    Total Akyem, Ghana
                                                                                            -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------
TOTAL AFRICA                                                        87,800               87,800                 1.51                 1.51                4,250                4,250              109,900              109,900                 2.14                 2.14                7,560                7,560              197,700              197,700                 1.86                 1.86               11,810               11,810                   91             91 %                  210,400              210,400                 1.81                 1.81               12,220               12,220
                                                                                            -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------
Nevada                                                                                                   
                                                                  38.5       38.5 %                       10,500               10,500                 1.68                 1.68                  570                  570              123,800              123,800                 1.22                 1.22                4,870                4,870              134,300              134,300                 1.26                 1.26                5,440                5,440                   70             70 %                  151,700              151,700                 1.22                 1.22                5,940                5,940
  NGM Open Pits
                                                                  38.5       38.5 %                       33,300               33,300                 2.36                 2.36                2,530                2,530       --       --           --       --               33,300               33,300                 2.36                 2.36                2,530                2,530                   71             71 %                   37,100               37,100                 2.38                 2.38                2,830                2,830
  NGM Stockpiles (16)
                                                                  38.5       38.5 %                       15,200               15,200                10.07                10.07                4,930                4,930               14,500               14,500                 9.61                 9.61                4,490                4,490               29,700               29,700                 9.85                 9.85                9,420                9,420                   88             88 %                   30,300               30,300                10.14                10.14                9,830                9,830
  NGM Underground
                                                                                            -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------
                                                                    59,000               59,000                 4.23                 4.23                8,030                8,030              138,300              138,300                 2.11                 2.11                9,360                9,360              197,300              197,300                 2.74                 2.74               17,390               17,390                   80             80 %                  219,100              219,100                 2.64                 2.64               18,600               18,600
    Total NGM (27)
                                                                                            -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------
TOTAL NEVADA                                                        59,000               59,000                 4.23                 4.23                8,030                8,030              138,300              138,300                 2.11                 2.11                9,360                9,360              197,300              197,300                 2.74                 2.74               17,390               17,390                   80             80 %                  219,100              219,100                 2.64                 2.64               18,600               18,600
                                                                                            -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------
(1)  See cautionary statement regarding reserves and resources on page 15 hereof. 2020 and 2019 reserves were estimated at a gold price of $1,200 per ounce unless otherwise noted.                                                                                                                                                         See cautionary statement regarding reserves and resources on page 15 hereof. 2020 and 2019 reserves were estimated at a gold price of $1,200 per ounce unless otherwise noted.
(2)  Tonnages include allowances for losses resulting from mining methods. Tonnages are rounded to the nearest 100,000.                                                                                                                                                                                                                     Tonnages include allowances for losses resulting from mining methods. Tonnages are rounded to the nearest 100,000.
(3)  Ounces are estimates of metal contained in ore tonnages and do not include allowances for processing losses. Metallurgical recovery rates represent the estimated amount of metal to be recovered through metallurgical extraction processes. Ounces may not recalculate as they are rounded to the nearest 10,000.                    Ounces are estimates of metal contained in ore tonnages and do not include allowances for processing losses. Metallurgical recovery rates represent the estimated amount of metal to be recovered through metallurgical extraction processes. Ounces may not recalculate as they are rounded to the nearest 10,000.
(4)  Cut-off grades utilized in 2020 reserves were as follows: oxide mill material not less than 0.89 gram per tonne and leach material not less than 0.16 gram per tonne.                                                                                                                                                                  Cut-off grades utilized in 2020 reserves were as follows: oxide mill material not less than 0.89 gram per tonne and leach material not less than 0.16 gram per tonne.
(5)  Leach pad material is the material on leach pads at the end of the year from which gold remains to be recovered. In-process reserves are reported separately where ounces exceed 100,000 and are greater than 5% of the total site-reported reserves.                                                                                  Leach pad material is the material on leach pads at the end of the year from which gold remains to be recovered. In-process reserves are reported separately where ounces exceed 100,000 and are greater than 5% of the total site-reported reserves.
(6)  Red Lake was sold during 2020 and classified as held for sale as of December 31, 2019.                                                                                                                                                                                                                                     Red Lake was sold during 2020 and classified as held for sale as of December 31, 2019.
(7)  Cut-off grade utilized in 2020 reserves not less than 3.45 gram per tonne.                                                                                                                                                                                                                                     Cut-off grade utilized in 2020 reserves not less than 3.45 gram per tonne.
(8)  Cut-off grade utilized in 2020 reserves not less than 2.50 gram per tonne.                                                                                                                                                                                                                                     Cut-off grade utilized in 2020 reserves not less than 2.50 gram per tonne.
(9)  Cut-off grade utilized in 2020 reserves not less than 0.44 gram per tonne.                                                                                                                                                                                                                                     Cut-off grade utilized in 2020 reserves not less than 0.44 gram per tonne.
(10) Cut-off grade utilized in 2020 reserves not less than 4.50 gram per tonne.                                                                                                                                                                                                                                     Cut-off grade utilized in 2020 reserves not less than 4.50 gram per tonne.
(11) Gold cut-off grade varies with level of silver, lead and zinc credits.                                                                                                                                                                                                                                     Gold cut-off grade varies with level of silver, lead and zinc credits.
(12) Gold cut-off grades utilized in 2020 reserves were as follows: oxide leach material not less than 0.13 gram per tonne; oxide mill material not less than 0.49 gram per tonne; and refractory mill material not less than 1.49 gram per tonne.                                                                                          Gold cut-off grades utilized in 2020 reserves were as follows: oxide leach material not less than 0.13 gram per tonne; oxide mill material not less than 0.49 gram per tonne; and refractory mill material not less than 1.49 gram per tonne.
(13) Gold cut-off grades utilized in 2020 reserves not less than 2.10 gram per tonne.                                                                                                                                                                                                                                     Gold cut-off grades utilized in 2020 reserves not less than 2.10 gram per tonne.
(14) Cut-off grade utilized in 2020 reserves not less than 0.31 gram per tonne.                                                                                                                                                                                                                                     Cut-off grade utilized in 2020 reserves not less than 0.31 gram per tonne.
(15) Cut-off grade utilized in 2020 reserves not less than 5.85 gram per tonne.                                                                                                                                                                                                                                     Cut-off grade utilized in 2020 reserves not less than 5.85 gram per tonne.
(16) Stockpiles are comprised primarily of material that has been set aside to allow processing of higher grade material in the mills. Stockpiles increase or decrease depending on current mine plans. Stockpile reserves are reported separately where ounces exceed 100,000 and are greater than 5% of the total site-reported reserves. Stockpiles are comprised primarily of material that has been set aside to allow processing of higher grade material in the mills. Stockpiles increase or decrease depending on current mine plans. Stockpile reserves are reported separately where ounces exceed 100,000 and are greater than 5% of the total site-reported reserves.
(17) Reserve estimates provided by Barrick, the operator of Pueblo Viejo.                                                                                                                                                                                                                                     Reserve estimates provided by Barrick, the operator of Pueblo Viejo.
(18) Project is currently undeveloped. Reserve estimates provided by the NuevaUnion joint venture.                                                                                                                                                                                                                             Project is currently undeveloped. Reserve estimates provided by the NuevaUnion joint venture.
(19) Project is currently undeveloped. Reserve estimates provided by the Norte Abierto joint venture                                                                                                                                                                                                                                     Project is currently undeveloped. Reserve estimates provided by the Norte Abierto joint venture
(20) Gold cut-off grade varies with level of copper credits.                                                                                                                                                                                                                                     Gold cut-off grade varies with level of copper credits.
(21) Cut-off grade utilized in 2020 reserves not less than 1.70 gram per tonne.                                                                                                                                                                                                                                     Cut-off grade utilized in 2020 reserves not less than 1.70 gram per tonne.
(22) Kalgoorlie was sold during 2020 and classified as held for sale as of December 31, 2019.                                                                                                                                                                                                                                     Kalgoorlie was sold during 2020 and classified as held for sale as of December 31, 2019.
(23) Cut-off grade utilized in 2020 reserves not less than 0.67 gram per tonne.                                                                                                                                                                                                                                     Cut-off grade utilized in 2020 reserves not less than 0.67 gram per tonne.
(24) Cut-off grade utilized in 2020 reserves not less than 3.10 gram per tonne.                                                                                                                                                                                                                                     Cut-off grade utilized in 2020 reserves not less than 3.10 gram per tonne.
(25) Includes undeveloped reserves in the Ahafo trend totaling 3.4 million ounces. Cut-off grade utilized in 2020 reserves not less than 0.50 gram per tonne.                                                                                                                                                                               Includes undeveloped reserves in the Ahafo trend totaling 3.4 million ounces. Cut-off grade utilized in 2020 reserves not less than 0.50 gram per tonne.
(26) Cut-off grade utilized in 2020 reserves not less than 0.57 gram per tonne.                                                                                                                                                                                                                                     Cut-off grade utilized in 2020 reserves not less than 0.57 gram per tonne.
(27) Reserve estimates provided by Barrick, the operator of the NGM joint venture.                                                                                                                                                                                                                                     Reserve estimates provided by Barrick, the operator of the NGM joint venture.
Attributable Gold Mineral Resources (1)(2) - December 31, 2020, Metric Units
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                            Measured Resource                                                                                         Indicated Resource                                                                                       Measured and Indicated                                                                                        Inferred Resource
                                                                                                                                                                                                                                                                                                                                                                                                                      Resource (3)
                                                                                                            ----------------------------------------------------------------------------------------------------                          ----------------------------------------------------------------------------------------------------                          ----------------------------------------------------------------------------------------------------                          ----------------------------------------------------------------------------------------------------
                                 Newmont              Newmont                Tonnage                 Grade                  Gold                  Tonnage                 Grade                  Gold                  Tonnage                 Grade                  Gold                  Tonnage                 Grade                  Gold
Deposits/Districts                                   Share                Share             (x1000 tonnes)            (g/tonne)             (x1000 ozs)          (x1000 tonnes)            (g/tonne)             (x1000 ozs)          (x1000 tonnes)            (g/tonne)             (x1000 ozs)          (x1000 tonnes)            (g/tonne)             (x1000 ozs)
-------------------------------------------- -------------------- -------------------                       --------------------                      --------------------                      --------------------                      --------------------                      --------------------                      --------------------                      --------------------                      --------------------                      --------------------                      --------------------                      --------------------                      --------------------
North America                                                                                   
                                                              100        100 %                      103,200              103,200                 0.42                 0.42                1,400                1,400               57,800               57,800                 0.38                 0.38                  710                  710              161,000              161,000                 0.41                 0.41                2,110                2,110               20,000               20,000                 0.35                 0.35                  220                  220
  CC&V, Colorado
                                                              100        100 %                          900                  900                 4.00                 4.00                  110                  110                1,900                1,900                 3.72                 3.72                  230                  230                2,800                2,800                 3.81                 3.81                  340                  340                2,700                2,700                 4.65                 4.65                  410                  410
  Musselwhite, Canada
                                                              100        100 %                          100                  100                 5.41                 5.41                   20                   20                  500                  500                 6.68                 6.68                  110                  110                  600                  600                 6.42                 6.42                  130                  130                1,900                1,900                 4.20                 4.20                  260                  260
  Porcupine Underground
                                                              100        100 %                        1,400                1,400                 0.72                 0.72                   30                   30               83,300               83,300                 1.40                 1.40                3,750                3,750               84,700               84,700                 1.39                 1.39                3,780                3,780               77,100               77,100                 1.24                 1.24                3,070                3,070
  Porcupine Open Pit
                                                                                       -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------
                                                                1,500                1,500                 1.04                 1.04                   50                   50               83,800               83,800                 1.43                 1.43                3,860                3,860               85,300               85,300                 1.43                 1.43                3,910                3,910               79,000               79,000                 1.31                 1.31                3,330                3,330
    Total Porcupine, Canada
                                                              100        100 %                          300                  300                 5.13                 5.13                   50                   50                2,700                2,700                 4.44                 4.44                  390                  390                3,000                3,000                 4.51                 4.51                  440                  440                2,500                2,500                 5.65                 5.65                  460                  460
  Eleonore, Canada
                                                              100        100 %                       34,900               34,900                 0.28                 0.28                  310                  310              241,900              241,900                 0.27                 0.27                2,110                2,110              276,800              276,800                 0.27                 0.27                2,420                2,420              150,900              150,900                 0.40                 0.40                1,910                1,910
  Penasquito, Mexico
                                                               50         50 %               --       --           --       --               27,500               27,500                 0.37                 0.37                  330                  330               27,500               27,500                 0.37                 0.37                  330                  330                2,500                2,500                 0.22                 0.22                   20                   20
  Noche Buena, Mexico
                                                              100        100 %                        1,000                1,000                 2.01                 2.01                   60                   60               54,500               54,500                 1.19                 1.19                2,080                2,080               55,500               55,500                 1.20                 1.20                2,140                2,140                6,800                6,800                 1.07                 1.07                  230                  230
  Coffee, Canada
                                                               50         50 %                      128,400              128,400                 0.36                 0.36                1,510                1,510              423,400              423,400                 0.23                 0.23                3,120                3,120              551,800              551,800                 0.26                 0.26                4,630                4,630               99,100               99,100                 0.21                 0.21                  670                  670
  Galore Creek, Canada (4)
                                                                                       -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------
TOTAL NORTH AMERICA                                           270,200              270,200                 0.40                 0.40                3,490                3,490              893,500              893,500                 0.45                 0.45               12,830               12,830            1,163,700            1,163,700                 0.44                 0.44               16,320               16,320              363,500              363,500                 0.62                 0.62                7,250                7,250
                                                                                       -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------
South America                                                                                   
                                                            51.35      51.35 %               --       --           --       --              356,300              356,300                 0.65                 0.65                7,490                7,490              356,300              356,300                 0.65                 0.65                7,490                7,490              118,400              118,400                 0.39                 0.39                1,480                1,480
  Conga, Peru
                                                            51.35      51.35 %                        4,400                4,400                 0.45                 0.45                   70                   70               66,600               66,600                 0.43                 0.43                  930                  930               71,000               71,000                 0.44                 0.44                1,000                1,000               98,700               98,700                 0.81                 0.81                2,560                2,560
  Yanacocha Open Pit
                                                            51.35      51.35 %               --       --                 6.29                 6.29                   10                   10                1,800                1,800                 6.28                 6.28                  370                  370                1,800                1,800                 6.28                 6.28                  380                  380                1,900                1,900                 4.93                 4.93                  300                  300
  Yanacocha Underground
                                                                                       -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------
                                                                4,400                4,400                 0.57                 0.57                   80                   80               68,400               68,400                 0.59                 0.59                1,300                1,300               72,800               72,800                 0.59                 0.59                1,380                1,380              100,600              100,600                 0.88                 0.88                2,860                2,860
    Total Yanacocha, Peru
                                                               75         75 %                        7,300                7,300                 0.92                 0.92                  220                  220               38,400               38,400                 1.07                 1.07                1,320                1,320               45,700               45,700                 1.05                 1.05                1,540                1,540               32,600               32,600                 0.86                 0.86                  900                  900
  Merian, Suriname
                                                              100        100 %                          100                  100                 4.68                 4.68                   10                   10                7,000                7,000                 7.15                 7.15                1,600                1,600                7,100                7,100                 7.11                 7.11                1,610                1,610                2,600                2,600                 7.62                 7.62                  630                  630
  Cerro Negro Underground
                                                              100        100 %                          900                  900                 4.40                 4.40                  130                  130                1,000                1,000                 4.09                 4.09                  130                  130                1,900                1,900                 4.24                 4.24                  260                  260                  100                  100                 3.49                 3.49                   10                   10
  Cerro Negro Open Pit
                                                                                       -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------
                                                              100        100 %                        1,000                1,000                 4.43                 4.43                  140                  140                8,000                8,000                 6.77                 6.77                1,730                1,730                9,000                9,000                 6.51                 6.51                1,870                1,870                2,700                2,700                 7.52                 7.52                  640                  640
    Total Cerro Negro, Argentina
                                                               40         40 %                       34,800               34,800                 2.02                 2.02                2,260                2,260               56,700               56,700                 1.88                 1.88                3,430                3,430               91,500               91,500                 1.93                 1.93                5,690                5,690               27,500               27,500                 1.79                 1.79                1,580                1,580
  Pueblo Viejo, Dominican Republic (5)
                                                               50         50 %                        4,800                4,800                 0.47                 0.47                   70                   70              118,300              118,300                 0.59                 0.59                2,260                2,260              123,100              123,100                 0.59                 0.59                2,330                2,330              239,800              239,800                 0.40                 0.40                3,050                3,050
  NuevaUnion, Chile (6)
                                                               50         50 %                       77,300               77,300                 0.61                 0.61                1,500                1,500              596,900              596,900                 0.49                 0.49                9,310                9,310              674,200              674,200                 0.50                 0.50               10,810               10,810              369,600              369,600                 0.37                 0.37                4,370                4,370
  Norte Abierto, Chile (7)
                                                            18.75      18.75 %                      141,900              141,900                 0.25                 0.25                1,150                1,150              137,400              137,400                 0.15                 0.15                  650                  650              279,300              279,300                 0.20                 0.20                1,800                1,800              139,900              139,900                 0.09                 0.09                  410                  410
  Aqua Rica, Argentina (8)
                                                                                       -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------
TOTAL SOUTH AMERICA                                           271,500              271,500                 0.62                 0.62                5,420                5,420            1,380,400            1,380,400                 0.62                 0.62               27,490               27,490            1,651,900            1,651,900                 0.62                 0.62               32,910               32,910            1,031,100            1,031,100                 0.46                 0.46               15,290               15,290
                                                                                       -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------
Australia                                                                                       
                                                              100        100 %                       62,500               62,500                 0.51                 0.51                1,030                1,030              149,300              149,300                 0.51                 0.51                2,460                2,460              211,800              211,800                 0.51                 0.51                3,490                3,490                3,900                3,900                 0.45                 0.45                   60                   60
  Boddington, Western Australia
                                                              100        100 %                        3,600                3,600                 1.85                 1.85                  210                  210               14,200               14,200                 1.75                 1.75                  800                  800               17,800               17,800                 1.77                 1.77                1,010                1,010                7,600                7,600                 2.07                 2.07                  510                  510
  Tanami Open Pit
                                                              100        100 %                          300                  300                 2.71                 2.71                   30                   30                3,000                3,000                 4.63                 4.63                  450                  450                3,300                3,300                 4.46                 4.46                  480                  480               12,000               12,000                 5.71                 5.71                2,200                2,200
  Tanami Underground
                                                                                       -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------
                                                              100        100 %                        3,900                3,900                 1.91                 1.91                  240                  240               17,200               17,200                 2.25                 2.25                1,250                1,250               21,100               21,100                 2.19                 2.19                1,490                1,490               19,600               19,600                 4.29                 4.29                2,710                2,710
    Total Tanami, Northern Territory
                                                                                       -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------
TOTAL AUSTRALIA                                                66,400               66,400                 0.60                 0.60                1,270                1,270              166,500              166,500                 0.69                 0.69                3,710                3,710              232,900              232,900                 0.67                 0.67                4,980                4,980               23,500               23,500                 3.65                 3.65                2,770                2,770
                                                                                       -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------
Africa                                                                                          
                                                              100        100 %                          500                  500                 0.63                 0.63                   10                   10               24,800               24,800                 1.15                 1.15                  920                  920               25,300               25,300                 1.14                 1.14                  930                  930               12,300               12,300                 1.36                 1.36                  540                  540
  Ahafo South
                                                              100        100 %               --       --           --       --               15,900               15,900                 3.96                 3.96                2,020                2,020               15,900               15,900                 3.96                 3.96                2,020                2,020                6,400                6,400                 3.30                 3.30                  680                  680
  Ahafo Underground
                                                                                       -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------
                                                                  500                  500                 0.63                 0.63                   10                   10               40,700               40,700                 2.25                 2.25                2,940                2,940               41,200               41,200                 2.23                 2.23                2,950                2,950               18,700               18,700                 2.03                 2.03                1,220                1,220
    Total Ahafo South, Ghana
                                                              100        100 %                        2,000                2,000                 1.24                 1.24                   80                   80                8,300                8,300                 1.99                 1.99                  530                  530               10,300               10,300                 1.84                 1.84                  610                  610                7,100                7,100                 1.78                 1.78                  410                  410
  Ahafo North Open Pits, Ghana
                                                              100        100 %                          900                  900                 0.54                 0.54                   20                   20                1,400                1,400                 0.54                 0.54                   30                   30                2,300                2,300                 0.54                 0.54                   50                   50                2,600                2,600                 1.20                 1.20                  100                  100
  Akyem Open Pits
                                                              100        100 %               --       --           --       --                5,300                5,300                 3.85                 3.85                  650                  650                5,300                5,300                 3.85                 3.85                  650                  650                3,700                3,700                 3.31                 3.31                  390                  390
  Akyem Underground
                                                                                       -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------
                                                                  900                  900                 0.54                 0.54                   20                   20                6,700                6,700                 3.16                 3.16                  680                  680                7,600                7,600                 2.86                 2.86                  700                  700                6,300                6,300                 2.42                 2.42                  490                  490
    Total Akyem, Ghana
                                                                                       -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------
TOTAL AFRICA                                                    3,400                3,400                 0.96                 0.96                  110                  110               55,700               55,700                 2.32                 2.32                4,150                4,150               59,100               59,100                 2.24                 2.24                4,260                4,260               32,100               32,100                 2.05                 2.05                2,120                2,120
                                                                                       -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------
Nevada                                                                                          
                                                             38.5       38.5 %                       17,100               17,100                 1.56                 1.56                  860                  860              159,300              159,300                 0.98                 0.98                5,020                5,020              176,400              176,400                 1.04                 1.04                5,880                5,880               53,300               53,300                 0.78                 0.78                1,330                1,330
  NGM Open Pits and Stockpiles
                                                             38.5       38.5 %                        5,900                5,900                 7.11                 7.11                1,340                1,340               19,100               19,100                 6.43                 6.43                3,950                3,950               25,000               25,000                 6.59                 6.59                5,290                5,290               12,600               12,600                 6.91                 6.91                2,790                2,790
  NGM Underground
                                                                                       -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------
                                                               23,000               23,000                 2.97                 2.97                2,200                2,200              178,400              178,400                 1.56                 1.56                8,970                8,970              201,400              201,400                 1.72                 1.72               11,170               11,170               65,900               65,900                 1.94                 1.94                4,120                4,120
    Total NGM (9)
                                                                                       -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------
TOTAL NEVADA                                                   23,000               23,000                 2.97                 2.97                2,200                2,200              178,400              178,400                 1.56                 1.56                8,970                8,970              201,400              201,400                 1.72                 1.72               11,170               11,170               65,900               65,900                 1.94                 1.94                4,120                4,120
                                                                                       -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------
TOTAL NEWMONT                                                 634,500              634,500                 0.61                 0.61               12,490               12,490            2,674,500            2,674,500                 0.67                 0.67               57,150               57,150            3,309,000            3,309,000                 0.65                 0.65               69,640               69,640            1,516,100            1,516,100                 0.65                 0.65               31,550               31,550
                                                                                       ==================== ====================                                           ==================== ==================== ==================== ====================                                           ==================== ==================== ==================== ====================                                           ==================== ==================== ==================== ====================                                           ==================== ====================
(1) Resources are reported exclusive of reserves.                                                                                                                                                                        Resources are reported exclusive of reserves.
(2) Resources are estimated at a gold price of $1,400 per ounce for 2020 and 2019. Tonnage amounts have been rounded to the nearest 100,000. Ounces may not recalculate as they have been rounded to the nearest 10,000. Resources are estimated at a gold price of $1,400 per ounce for 2020 and 2019. Tonnage amounts have been rounded to the nearest 100,000. Ounces may not recalculate as they have been rounded to the nearest 10,000.
(3) Measured and Indicated Resources (combined) are equivalent to Mineralized Material disclosed in Newmont's 10-K filing.                                                                    Measured and Indicated Resources (combined) are equivalent to Mineralized Material disclosed in Newmont's 10-K filing.
(4) Project is currently undeveloped. Resource estimates provided by Teck Resources.                                                                                                                                     Project is currently undeveloped. Resource estimates provided by Teck Resources.
(5) Resource estimates provided by Barrick, the operator of Pueblo Viejo.                                                                                                                                                Resource estimates provided by Barrick, the operator of Pueblo Viejo.
(6) Project is currently undeveloped. Resource estimates provided by the NuevaUnion joint venture.                                                                                                          Project is currently undeveloped. Resource estimates provided by the NuevaUnion joint venture.
(7) Project is currently undeveloped. Resource estimates provided by the Norte Abierto joint venture.                                                                                                                    Project is currently undeveloped. Resource estimates provided by the Norte Abierto joint venture.
(8) Project is currently undeveloped. Resource estimates provided by Yamana, the operator of the Aqua Rica joint venture.                                                                                                Project is currently undeveloped. Resource estimates provided by Yamana, the operator of the Aqua Rica joint venture.
(9) Resource estimates provided by Barrick, the operator of the NGM joint venture.                                                                                                                                       Resource estimates provided by Barrick, the operator of the NGM joint venture.
Attributable Copper Reserves (1) Metric Units
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                                                                                                                                                   December 31, 2020                                                                                                                                                                                                                                                                  December 31, 2019
----------------------------------------------- -------------------- ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------                                               ---------------------------------------------------------------------------------------------------
                                                                                Proven Reserves                                                                                           Probable Reserves                                                                                    Proven and Probable Reserves                                                                                   Proven and Probable Reserves
                                                                                                               ---------------------------------------------------------------------------------------------------                           ---------------------------------------------------------------------------------------------------                           ---------------------------------------------------------------------------------------------------                                                                     ---------------------------------------------------------------------------------------------------
                                      Newmont              Tonnage (2)               Grade               Copper (3)             Tonnage (2)               Grade               Copper (3)             Tonnage (2)               Grade               Copper (3)            Metallurgical           Tonnage (2)               Grade               Copper (3)
Deposits/Districts                                        Share             (x1000 tonnes)             (Cu %)                (Tonnes)            (x1000 tonnes)             (Cu %)                (Tonnes)            (x1000 tonnes)             (Cu %)                (Tonnes)               Recovery            (x1000 tonnes)             (Cu %)                (Tonnes)
-----------------------------------------------                      -------------------                       --------------------                      -------------------                       --------------------                      --------------------                      -------------------                       --------------------                      --------------------                      -------------------                       --------------------                      -------------------                       --------------------                      -------------------                       --------------------
South America                                                                                          
                                                               51.35      51.35 %               --       --           --       --               57,700               57,700                 0.62       0.62 %                      360,000              360,000               57,700               57,700                 0.62       0.62 %                      360,000              360,000                   83         83 %                       53,600               53,600                 0.63       0.63 %                      340,000              340,000
  Yanacocha Open Pits and Underground, Peru (4)
                                                                  50         50 %               --       --           --       --            1,118,000            1,118,000                 0.40       0.40 %                    4,440,000            4,440,000            1,118,000            1,118,000                 0.40       0.40 %                    4,440,000            4,440,000                   88         88 %                    1,118,000            1,118,000                 0.40       0.40 %                    4,420,000            4,420,000
  NuevaUnion, Chile (5)
                                                                  50         50 %               --       --           --       --              598,800              598,800                 0.22       0.22 %                    1,310,000            1,310,000              598,800              598,800                 0.22       0.22 %                    1,310,000            1,310,000                   87         87 %                      598,800              598,800                 0.22       0.22 %                    1,310,000            1,310,000
  Norte Abierto, Chile (6)
                                                                                          -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------
TOTAL SOUTH AMERICA                                       --       --           --       --            1,774,500            1,774,500                 0.34       0.34 %                    6,110,000            6,110,000            1,774,500            1,774,500                 0.34       0.34 %                    6,110,000            6,110,000                   87         87 %                    1,770,400            1,770,400                 0.34       0.34 %                    6,070,000            6,070,000
                                                                                          -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------
Australia                                                                                              
                                                                 100        100 %                      247,100              247,100                 0.10       0.10 %                      240,000              240,000              287,600              287,600                 0.11       0.11 %                      330,000              330,000              534,700              534,700                 0.11       0.11 %                      570,000              570,000                   82         82 %                      481,000              481,000                 0.10       0.10 %                      490,000              490,000
  Boddington Open Pit, Western Australia (7)
                                                                 100        100 %                        1,600                1,600                 0.10       0.10 %               --       --               84,800               84,800                 0.09       0.09 %                       70,000               70,000               86,400               86,400                 0.09       0.09 %                       70,000               70,000                   75         75 %                       85,300               85,300                 0.09       0.09 %                       70,000               70,000
  Boddington Stockpiles, Western Australia (8)
                                                                                          -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------
TOTAL AUSTRALIA                                                  248,700              248,700                 0.10       0.10 %                      240,000              240,000              372,400              372,400                 0.11       0.11 %                      400,000              400,000              621,100              621,100                 0.10       0.10 %                      640,000              640,000                   81         81 %                      566,300              566,300                 0.10       0.10 %                      560,000              560,000
                                                                                          -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------
Nevada                                                                                                 
                                                                38.5       38.5 %                       14,100               14,100                 0.20       0.20 %                       30,000               30,000               68,500               68,500                 0.17       0.17 %                      120,000              120,000               82,600               82,600                 0.18       0.18 %                      150,000              150,000                   64         64 %                       97,100               97,100                 0.18       0.18 %                      170,000              170,000
  NGM, Nevada (9)
TOTAL NEVADA                                                      14,100               14,100                 0.20       0.20 %                       30,000               30,000               68,500               68,500                 0.17       0.17 %                      120,000              120,000               82,600               82,600                 0.18       0.18 %                      150,000              150,000                   64         64 %                       97,100               97,100                 0.18       0.18 %                      170,000              170,000
                                                                                          -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------
(1) See footnote (1) to the Gold Reserves table above. Copper reserves for 2020 and 2019 were estimated at a copper price of $2.75 per pound.                                                                                                                                                                                          See footnote (1) to the Gold Reserves table above. Copper reserves for 2020 and 2019 were estimated at a copper price of $2.75 per pound.
(2) See footnote (2) to the Gold Reserves table above. Tonnages are rounded to nearest 10,000.                                                                                                                                                                                                                                     See footnote (2) to the Gold Reserves table above. Tonnages are rounded to nearest 10,000.
(3) See footnote (3) to the Gold Reserves table above. Tonnes may not recalculate as they are rounded to the nearest 10,000.                                                                                                                                                                                                           See footnote (3) to the Gold Reserves table above. Tonnes may not recalculate as they are rounded to the nearest 10,000.
(4) Reserve estimates relate to the undeveloped Yanacocha Sulfide project. Copper cut-off grade varies with level of gold and silver credits.                                                                                                                                                                                          Reserve estimates relate to the undeveloped Yanacocha Sulfide project. Copper cut-off grade varies with level of gold and silver credits.
(5) Project is currently undeveloped. Reserve estimates provided by the NuevaUnion joint venture.                                                                                                                                                                                                                         Project is currently undeveloped. Reserve estimates provided by the NuevaUnion joint venture.
(6) Project is currently undeveloped. Reserve estimates provided by the Norte Abierto joint venture.                                                                                                                                                                                                                                   Project is currently undeveloped. Reserve estimates provided by the Norte Abierto joint venture.
(7) Copper cut-off grade varies with level of gold credits.                                                                                                                                                                                                                                     Copper cut-off grade varies with level of gold credits.
(8) Stockpiles are comprised primarily of material that has been set aside to allow processing of higher grade material in the mills. Stockpiles increase or decrease depending on current mine plans. Stockpiles are reported separately where pounds exceed 100 million and are greater than 5% of the total site reported reserves. Stockpiles are comprised primarily of material that has been set aside to allow processing of higher grade material in the mills. Stockpiles increase or decrease depending on current mine plans. Stockpiles are reported separately where pounds exceed 100 million and are greater than 5% of the total site reported reserves.
(9) Reserve estimates provided by Barrick, the operator of the NGM joint venture.                                                                                                                                                                                                                                     Reserve estimates provided by Barrick, the operator of the NGM joint venture.
Attributable Copper Mineral Resources (1)(2) - December 31, 2020, Metric Units
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                    Measured Resource                                                                                         Indicated Resource                                                                                       Measured and Indicated                                                                                        Inferred Resource
                                                                                                                                                                                                                                                                                                                                                                                                              Resource (3)
                                                                                                    ---------------------------------------------------------------------------------------------------                           ---------------------------------------------------------------------------------------------------                           ---------------------------------------------------------------------------------------------------                           ---------------------------------------------------------------------------------------------------
                           Newmont                Tonnage                 Grade                 Copper                 Tonnage                 Grade                 Copper                 Tonnage                 Grade                 Copper                 Tonnage                 Grade                 Copper
         Deposits/Districts                    Share             (x1000 tonnes)              (Cu%)                (tonnes)            (x1000 tonnes)              (Cu%)                (tonnes)            (x1000 tonnes)              (Cu%)                (tonnes)            (x1000 tonnes)              (Cu%)                (tonnes)
------------------------------------                      -------------------                       --------------------                      -------------------                       --------------------                      --------------------                      -------------------                       --------------------                      --------------------                      -------------------                       --------------------                      --------------------                      -------------------                       --------------------
North America                                                                           
                                                       50         50 %                      128,400              128,400                 0.72       0.72 %                      920,000              920,000              423,400              423,400                 0.39       0.39 %                    1,640,000            1,640,000              551,800              551,800                 0.47       0.47 %                    2,560,000            2,560,000               99,100               99,100                 0.27       0.27 %                      260,000              260,000
  Galore Creek, Canada (4)
                                                                               -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------
TOTAL NORTH AMERICA                                   128,400              128,400                 0.72       0.72 %                      920,000              920,000              423,400              423,400                 0.39       0.39 %                    1,640,000            1,640,000              551,800              551,800                 0.47       0.47 %                    2,560,000            2,560,000               99,100               99,100                 0.27       0.27 %                      260,000              260,000
                                                                               -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------
South America                                                                           
                                                    51.35      51.35 %               --       --           --       --              356,300              356,300                 0.26       0.26 %                      920,000              920,000              356,300              356,300                 0.26       0.26 %                      920,000              920,000              118,400              118,400                 0.19       0.19 %                      220,000              220,000
  Conga, Peru
                                                    51.35      51.35 %               --       --           --       --               48,600               48,600                 0.39       0.39 %                      190,000              190,000               48,600               48,600                 0.39       0.39 %                      190,000              190,000               18,700               18,700                 0.39       0.39 %                       70,000               70,000
  Yanacocha Open Pits and Stockpiles
                                                    51.35      51.35 %               --       --           --       --                1,800                1,800                 0.09       0.09 %               --       --                1,800                1,800                 0.09       0.09 %               --       --                1,900                1,900                 0.13       0.13 %               --       --
  Yanacocha Underground
                                                                               -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------
                                               --       --           --       --               50,400               50,400                 0.38       0.38 %                      190,000              190,000               50,400               50,400                 0.38       0.38 %                      190,000              190,000               20,600               20,600                 0.36       0.36 %                       70,000               70,000
    Total Yanacocha, Peru
                                                       50         50 %                      164,300              164,300                 0.19       0.19 %                      320,000              320,000              349,900              349,900                 0.34       0.34 %                    1,200,000            1,200,000              514,200              514,200                 0.30       0.30 %                    1,520,000            1,520,000              602,200              602,200                 0.39       0.39 %                    2,340,000            2,340,000
  NuevaUnion, Chile (5)
                                                       50         50 %                       57,600               57,600                 0.24       0.24 %                      140,000              140,000              551,200              551,200                 0.19       0.19 %                    1,060,000            1,060,000              608,800              608,800                 0.20       0.20 %                    1,200,000            1,200,000              361,800              361,800                 0.18       0.18 %                      650,000              650,000
  Norte Abierto, Chile (6)
                                                    18.75      18.75 %                      141,900              141,900                 0.51       0.51 %                      720,000              720,000              137,400              137,400                 0.36       0.36 %                      500,000              500,000              279,300              279,300                 0.44       0.44 %                    1,220,000            1,220,000              139,900              139,900                 0.23       0.23 %                      320,000              320,000
  Aqua Rica, Argentina (7)
                                                                               -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------
TOTAL SOUTH AMERICA                                   363,800              363,800                 0.32       0.32 %                    1,180,000            1,180,000            1,445,200            1,445,200                 0.27       0.27 %                    3,870,000            3,870,000            1,809,000            1,809,000                 0.28       0.28 %                    5,050,000            5,050,000            1,242,900            1,242,900                 0.29       0.29 %                    3,600,000            3,600,000
                                                                               -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------
Australia                                                                               
                                                      100        100 %                       62,500               62,500                 0.11       0.11 %                       70,000               70,000              149,300              149,300                 0.12       0.12 %                      170,000              170,000              211,800              211,800                 0.11       0.11 %                      240,000              240,000                3,900                3,900                 0.09       0.09 %               --       --
  Boddington, Western Australia
                                                                               -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------
TOTAL AUSTRALIA                                        62,500               62,500                 0.11       0.11 %                       70,000               70,000              149,300              149,300                 0.12       0.12 %                      170,000              170,000              211,800              211,800                 0.11       0.11 %                      240,000              240,000                3,900                3,900                 0.09       0.09 %               --       --
                                                                               -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------
Nevada                                                                                  
                                                     38.5       38.5 %                       11,200               11,200                 0.16       0.16 %                       20,000               20,000               83,200               83,200                 0.14       0.14 %                      110,000              110,000               94,400               94,400                 0.14       0.14 %                      130,000              130,000               13,000               13,000                 0.15       0.15 %                       20,000               20,000
  NGM, Nevada (8)
                                                                               -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------
TOTAL NEVADA                                           11,200               11,200                 0.16       0.16 %                       20,000               20,000               83,200               83,200                 0.14       0.14 %                      110,000              110,000               94,400               94,400                 0.14       0.14 %                      130,000              130,000               13,000               13,000                 0.15       0.15 %                       20,000               20,000
                                                                               -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------
(1) Resources are reported exclusive of reserves.                                                                                                          Resources are reported exclusive of reserves.
(2) Resources for 2020 and 2019 were estimated at a copper price of $3.25 per pound. Tonnage amounts have been rounded to the nearest 100,000.             Resources for 2020 and 2019 were estimated at a copper price of $3.25 per pound. Tonnage amounts have been rounded to the nearest 100,000.
(3) Measured and Indicated Resources (combined) are equivalent to Mineralized Material disclosed in Newmont's Form 10-K filing. Measured and Indicated Resources (combined) are equivalent to Mineralized Material disclosed in Newmont's Form 10-K filing.
(4) Project is currently undeveloped. Resource estimates provided by Teck Resources.                                                                       Project is currently undeveloped. Resource estimates provided by Teck Resources.
(5) Project is currently undeveloped. Resource estimates provided by the NuevaUnion joint venture.                                            Project is currently undeveloped. Resource estimates provided by the NuevaUnion joint venture.
(6) Project is currently undeveloped. Resource estimates provided by the Norte Abierto joint venture.                                                      Project is currently undeveloped. Resource estimates provided by the Norte Abierto joint venture.
(7) Project is currently undeveloped. Resource estimates provided by Yamana, the operator of the Aqua Rica joint venture.                                  Project is currently undeveloped. Resource estimates provided by Yamana, the operator of the Aqua Rica joint venture.
(8) Resource estimates provided by Barrick, the operator of the NGM joint venture.                                                                         Resource estimates provided by Barrick, the operator of the NGM joint venture.
Attributable Proven, Probable and Combined Silver Reserves (1) Metric Units
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                                                                                                                                                                       December 31, 2020                                                                                                                                                                                                                                                                  December 31, 2019
--------------------------------------------------------------------  ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------                                            ----------------------------------------------------------------------------------------------------
                                                                                 Proven Reserves                                                                                           Probable Reserves                                                                                    Proven and Probable Reserves                                                                                   Proven and Probable Reserves
                                                                                                                ----------------------------------------------------------------------------------------------------                          ----------------------------------------------------------------------------------------------------                          ----------------------------------------------------------------------------------------------------                                                                    ----------------------------------------------------------------------------------------------------
                                       Newmont              Tonnage (2)               Grade               Silver (3)             Tonnage (2)               Grade               Silver (3)             Tonnage (2)               Grade               Silver (3)            Metallurgical           Tonnage (2)               Grade               Silver (3)
Deposits/Districts                                         Share             (x1000 tonnes)            (g/tonne)             (x1000 ozs)          (x1000 tonnes)            (g/tonne)             (x1000 ozs)          (x1000 tonnes)            (g/tonne)             (x1000 ozs)           Recovery (3)          (x1000 tonnes)            (g/tonne)             (x1000 ozs)
------------------------------------------------                      -------------------                       --------------------                      --------------------                      --------------------                      --------------------                      --------------------                      --------------------                      --------------------                      --------------------                      --------------------                      -------------------                       --------------------                      --------------------                      --------------------
North America                                                                                           
                                                                  100        100 %                      100,100              100,100                38.74                38.74              124,690              124,690              248,100              248,100                33.63                33.63              268,200              268,200              348,200              348,200                35.10                35.10              392,890              392,890                   88         88 %                      409,700              409,700                33.58                33.58              442,460              442,460
  Penasquito Open Pits, Mexico (4)
                                                                  100        100 %                       11,800               11,800                30.03                30.03               11,400               11,400               27,800               27,800                24.01                24.01               21,460               21,460               39,600               39,600                25.81                25.81               32,860               32,860                   82         82 %                       31,800               31,800                28.24                28.24               28,900               28,900
  Penasquito Stockpiles, Mexico (5)
                                                                                           -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------
TOTAL NORTH AMERICA                                               111,900              111,900                37.82                37.82              136,090              136,090              275,900              275,900                32.66                32.66              289,660              289,660              387,800              387,800                34.15                34.15              425,750              425,750                   88         88 %                      441,500              441,500                33.20                33.20              471,360              471,360
                                                                                           -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------
South America                                                                                           
                                                                51.35      51.35 %                        2,800                2,800                 8.89                 8.89                  810                  810               52,900               52,900                18.29                18.29               31,100               31,100               55,700               55,700                17.82                17.82               31,910               31,910                   53         53 %                       61,200               61,200                17.84                17.84               35,100               35,100
  Yanacocha Open Pits and Underground (6)
                                                                51.35      51.35 %                        1,400                1,400                36.81                36.81                1,670                1,670                1,300                1,300                35.14                35.14                1,450                1,450                2,700                2,700                36.02                36.02                3,120                3,120                   73         73 %                        2,600                2,600                40.85                40.85                3,560                3,560
  Yanacocha Stockpiles (5)
                                                                51.35      51.35 %               --       --           --       --               55,400               55,400                 8.18                 8.18               14,560               14,560               55,400               55,400                 8.18                 8.18               14,560               14,560                    5          5 %                       53,000               53,000                 8.19                 8.19               13,950               13,950
  Yanacocha Leach Pads (7)
                                                                                           -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------
                                                                    4,200                4,200                18.19                18.19                2,480                2,480              109,600              109,600                13.85                13.85               47,110               47,110              113,800              113,800                13.85                13.85               49,590               49,590                   40         40 %                      116,800              116,800                14.01                14.01               52,610               52,610
    Total Yanacocha, Peru
                                                                  100        100 %                        2,400                2,400                66.89                66.89                5,060                5,060                6,600                6,600                72.12                72.12               15,360               15,360                9,000                9,000                70.75                70.75               20,420               20,420                   75         75 %                        8,400                8,400                79.51                79.51               21,340               21,340
  Cerro Negro, Argentina (8)
                                                                   40         40 %                        9,500                9,500                12.01                12.01                3,660                3,660               45,900               45,900                15.81                15.81               23,330               23,330               55,400               55,400                15.16                15.16               26,990               26,990                   77         77 %                       47,600               47,600                16.04                16.04               24,570               24,570
  Pueblo Viejo, Dominican Republic (9)
                                                                   50         50 %               --       --           --       --            1,118,000            1,118,000                 1.31                 1.31               47,170               47,170            1,118,000            1,118,000                 1.31                 1.31               47,170               47,170                   66         66 %                      776,900              776,900                 1.54                 1.54               38,440               38,440
  NuevaUnion, Chile (10)
                                                                   50         50 %               --       --           --       --              598,800              598,800                 1.52                 1.52               29,340               29,340              598,800              598,800                 1.52                 1.52               29,340               29,340                   74         74 %                      598,800              598,800                 1.52                 1.52               29,340               29,340
  Norte Abierto, Chile (11)
                                                                                           -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------
TOTAL SOUTH AMERICA                                                16,100               16,100                21.67                21.67               11,200               11,200            1,878,900            1,878,900                 2.69                 2.69              162,310              162,310            1,895,000            1,895,000                 2.85                 2.85              173,510              173,510                   63         63 %                    1,548,500            1,548,500                 3.34                 3.34              166,300              166,300
                                                                                           -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------
Nevada                                                                                                  
                                                                 38.5       38.5 %                        6,000                6,000                 7.83                 7.83                1,500                1,500               53,800               53,800                 6.90                 6.90               11,930               11,930               59,800               59,800                 6.99                 6.99               13,430               13,430                   38         38 %                       64,600               64,600                 7.10                 7.10               14,760               14,760
  NGM, Nevada (12)
TOTAL NEVADA                                                        6,000                6,000                 7.83                 7.83                1,500                1,500               53,800               53,800                 6.90                 6.90               11,930               11,930               59,800               59,800                 6.99                 6.99               13,430               13,430                   38         38 %                       64,600               64,600                 7.10                 7.10               14,760               14,760
                                                                                           -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------
(1)  See footnote (1) to the Gold Reserves table above. Silver reserves for 2020 and 2019 were estimated at a silver price of $17 and $16 per ounce, respectively.                                                                                                                                                                          See footnote (1) to the Gold Reserves table above. Silver reserves for 2020 and 2019 were estimated at a silver price of $17 and $16 per ounce, respectively.
(2)  See footnote (2) to the Gold Reserves table above. Tonnages are rounded to nearest 100,000.                                                                                                                                                                                                                                     See footnote (2) to the Gold Reserves table above. Tonnages are rounded to nearest 100,000.
(3)  See footnote (3) to the Gold Reserves table above. Ounces may not recalculate as they are rounded to the nearest 10,000.                                                                                                                                                                                                               See footnote (3) to the Gold Reserves table above. Ounces may not recalculate as they are rounded to the nearest 10,000.
(4)  Silver cut-off grade varies with gold, lead and zinc credits.                                                                                                                                                                                                                                     Silver cut-off grade varies with gold, lead and zinc credits.
(5)  Stockpiles are comprised primarily of material that has been set aside to allow processing of higher grade material in the mills. Stockpiles increase or decrease depending on current mine plans. Stockpile reserves are reported separately where ounces exceed 100,000 and are greater than 5% of the total site-reported reserves. Stockpiles are comprised primarily of material that has been set aside to allow processing of higher grade material in the mills. Stockpiles increase or decrease depending on current mine plans. Stockpile reserves are reported separately where ounces exceed 100,000 and are greater than 5% of the total site-reported reserves.
(6)  Silver cut-off grade varies with gold and copper credits.                                                                                                                                                                                                                                     Silver cut-off grade varies with gold and copper credits.
(7)  Leach Pad material is the material on leach pads at the end of the year from which silver remains to be recovered. In-process material reserves are reported separately where tonnage or ounces are greater than 5% of the total site-reported reserves and ounces are greater than 100,000.                                           Leach Pad material is the material on leach pads at the end of the year from which silver remains to be recovered. In-process material reserves are reported separately where tonnage or ounces are greater than 5% of the total site-reported reserves and ounces are greater than 100,000.
(8)  Silver cut-off grade varies with gold credits.                                                                                                                                                                                                                                     Silver cut-off grade varies with gold credits.
(9)  Reserve estimates provided by Barrick, the operator of Pueblo Viejo.                                                                                                                                                                                                                                     Reserve estimates provided by Barrick, the operator of Pueblo Viejo.
(10) Project is currently undeveloped. Reserve estimates provided by the NuevaUnion joint venture.                                                                                                                                                                                                                             Project is currently undeveloped. Reserve estimates provided by the NuevaUnion joint venture.
(11) Project is currently undeveloped. Reserve estimates provided by the Norte Abierto joint venture.                                                                                                                                                                                                                                     Project is currently undeveloped. Reserve estimates provided by the Norte Abierto joint venture.
(12) Reserve estimates provided by Barrick, the operator of the NGM joint venture.                                                                                                                                                                                                                                     Reserve estimates provided by Barrick, the operator of the NGM joint venture.
Attributable Silver Mineral Resources (1)(2) - December 31, 2020, Metric Units
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                      Measured Resource                                                                                         Indicated Resource                                                                                       Measured and Indicated                                                                                        Inferred Resource
                                                                                                                                                                                                                                                                                                                                                                                                                Resource (3)
                                                                                                      ----------------------------------------------------------------------------------------------------                          ----------------------------------------------------------------------------------------------------                          ----------------------------------------------------------------------------------------------------                          ----------------------------------------------------------------------------------------------------
                           Newmont              Newmont                Tonnage                 Grade                 Silver                 Tonnage                 Grade                 Silver                 Tonnage                 Grade                 Silver                 Tonnage                 Grade                 Silver
Deposits/Districts                             Share                Share             (x1000 tonnes)            (g/tonne)             (x1000 ozs)          (x1000 tonnes)            (g/tonne)             (x1000 ozs)          (x1000 tonnes)            (g/tonne)             (x1000 ozs)          (x1000 tonnes)            (g/tonne)             (x1000 ozs)
-------------------------------------- -------------------- -------------------                       --------------------                      --------------------                      --------------------                      --------------------                      --------------------                      --------------------                      --------------------                      --------------------                      --------------------                      --------------------                      --------------------                      --------------------
North America                                                                             
                                                        100        100 %                       34,900               34,900                26.81                26.81               30,080               30,080              241,900              241,900                26.74                26.74              207,990              207,990              276,800              276,800                26.75                26.75              238,070              238,070              150,900              150,900                26.36                26.36              127,920              127,920
  Penasquito, Mexico
                                                         50         50 %               --       --           --       --               27,500               27,500                12.35                12.35               10,920               10,920               27,500               27,500                12.35                12.35               10,920               10,920                2,500                2,500                 8.08                 8.08                  640                  640
  Noche Buena, Mexico
                                                         50         50 %                      128,400              128,400                 5.79                 5.79               23,900               23,900              423,400              423,400                 3.75                 3.75               51,020               51,020              551,800              551,800                 4.22                 4.22               74,920               74,920               99,100               99,100                 2.65                 2.65                8,440                8,440
  Galore Creek, Canada (4)
                                                                                 -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------
TOTAL NORTH AMERICA                                     163,300              163,300                10.28                10.28               53,980               53,980              692,800              692,800                12.12                12.12              269,930              269,930              856,100              856,100                11.77                11.77              323,910              323,910              252,500              252,500                16.88                16.88              137,000              137,000
                                                                                 -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------
South America                                                                             
                                                      51.35      51.35 %               --       --           --       --              356,300              356,300                 2.06                 2.06               23,580               23,580              356,300              356,300                 2.06                 2.06               23,580               23,580               89,900               89,900                 1.13                 1.13                3,250                3,250
  Conga, Peru
                                                      51.35      51.35 %                        4,200                4,200                 2.71                 2.71                  370                  370               40,900               40,900                14.13                14.13               18,590               18,590               45,100               45,100                13.07                13.07               18,960               18,960               14,100               14,100                13.86                13.86                6,280                6,280
  Yanacocha Open Pits and Stockpiles
                                                      51.35      51.35 %               --       --           --       --                1,800                1,800                64.29                64.29                3,760                3,760                1,800                1,800                62.68                62.68                3,760                3,760                1,900                1,900                37.56                37.56                2,260                2,260
  Yanacocha Underground
                                                                                 -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------
                                                          4,200                4,200                 2.71                 2.71                  370                  370               42,700               42,700                16.28                16.28               22,350               22,350               46,900               46,900                15.07                15.07               22,720               22,720               16,000               16,000                16.60                16.60                8,540                8,540
    Total Yanacocha, Peru
                                                        100        100 %                          100                  100                52.14                52.14                  150                  150                7,000                7,000                35.15                35.15                7,870                7,870                7,100                7,100                35.37                35.37                8,020                8,020                2,600                2,600                65.53                65.53                5,440                5,440
  Cerro Negro Underground
                                                        100        100 %                          900                  900                 8.53                 8.53                  240                  240                1,000                1,000                 7.87                 7.87                  250                  250                1,900                1,900                 8.18                 8.18                  490                  490                  100                  100                11.07                11.07                   20                   20
  Cerro Negro Open Pit
                                                                                 -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------
                                                          1,000                1,000                12.56                12.56                  390                  390                8,000                8,000                31.80                31.80                8,120                8,120                9,000                9,000                29.70                29.70                8,510                8,510                2,700                2,700                64.21                64.21                5,460                5,460
    Total Cerro Negro, Argentina
                                                         40         40 %                       34,800               34,800                10.24                10.24               11,480               11,480               56,700               56,700                 8.84                 8.84               16,120               16,120               91,500               91,500                 9.38                 9.38               27,600               27,600               27,500               27,500                 7.77                 7.77                6,870                6,870
  Pueblo Viejo, Dominican Republic (5)
                                                         50         50 %                      164,300              164,300                 0.96                 0.96                5,080                5,080              349,900              349,900                 1.19                 1.19               13,370               13,370              514,200              514,200                 1.12                 1.12               18,450               18,450              602,200              602,200                 1.16                 1.16               22,530               22,530
  NuevaUnion, Chile (6)
                                                         50         50 %                       77,300               77,300                 1.20                 1.20                2,990                2,990              596,900              596,900                 1.07                 1.07               20,560               20,560              674,200              674,200                 1.09                 1.09               23,550               23,550              369,600              369,600                 0.95                 0.95               11,330               11,330
  Norte Abierto, Chile (7)
                                                      18.75      18.75 %                      120,200              120,200                 2.90                 2.90               11,190               11,190              135,700              135,700                 2.41                 2.41               10,520               10,520              255,900              255,900                 2.64                 2.64               21,710               21,710              139,300              139,300                 1.62                 1.62                7,260                7,260
  Aqua Rica, Argentina (8)
                                                                                 -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------
TOTAL SOUTH AMERICA                                     401,800              401,800                 2.44                 2.44               31,500               31,500            1,546,200            1,546,200                 2.31                 2.31              114,620              114,620            1,948,000            1,948,000                 2.33                 2.33              146,120              146,120            1,247,200            1,247,200                 1.63                 1.63               65,240               65,240
                                                                                 -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------
Nevada                                                                                    
                                                       38.5       38.5 %                        4,300                4,300                 5.88                 5.88                  810                  810               60,500               60,500                 5.73                 5.73               11,130               11,130               64,800               64,800                 5.74                 5.74               11,940               11,940                8,700                8,700                 5.91                 5.91                1,650                1,650
  NGM, Nevada (9)
                                                                                 -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------
TOTAL NEVADA                                              4,300                4,300                 5.88                 5.88                  810                  810               60,500               60,500                 5.73                 5.73               11,130               11,130               64,800               64,800                 5.74                 5.74               11,940               11,940                8,700                8,700                 5.91                 5.91                1,650                1,650
                                                                                 -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------
(1)                                                                                                                                     Resources are reported exclusive of reserves.
(2)                                                                                                                                     Resource for 2020 and 2019 were estimated at a silver price of $20 per ounce. Tonnage amounts have been rounded to the nearest 100,000.
(3) Measured and Indicated Resources (combined) are equivalent to Mineralized Material disclosed in Newmont's Form 10-K filing. Measured and Indicated Resources (combined) are equivalent to Mineralized Material disclosed in Newmont's Form 10-K filing.
(4) Project is currently undeveloped. Resource estimates provided by Teck Resources.                                                                       Project is currently undeveloped. Resource estimates provided by Teck Resources.
(5) Resource estimates provided by Barrick, the operator of Pueblo Viejo.                                                                                  Resource estimates provided by Barrick, the operator of Pueblo Viejo.
(6) Project is currently undeveloped. Resource estimates provided by the NuevaUnion joint venture.                                            Project is currently undeveloped. Resource estimates provided by the NuevaUnion joint venture.
(7) Project is currently undeveloped. Resource estimates provided by the Norte Abierto joint venture.                                                      Project is currently undeveloped. Resource estimates provided by the Norte Abierto joint venture.
(8) Project is currently undeveloped. Resource estimates provided by Yamana, the operator of the Aqua Rica joint venture.                                  Project is currently undeveloped. Resource estimates provided by Yamana, the operator of the Aqua Rica joint venture.
(9) Resource estimates provided by Barrick, the operator of the NGM joint venture.                                                                         Resource estimates provided by Barrick, the operator of the NGM joint venture.
Attributable Zinc Reserves (1) Metric Units
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                December 31, 2020                                                                                                                                                                                                                      December 31, 2020                                                                                                                                                                                                                                                                  December 31, 2019
------------------------------------------------ -------------------- ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------                                               ---------------------------------------------------------------------------------------------------
                                                                                 Proven Reserves                                                                                           Probable Reserves                                                                                    Proven and Probable Reserves                                                                                   Proven and Probable Reserves
                                                                                                                ---------------------------------------------------------------------------------------------------                           ---------------------------------------------------------------------------------------------------                           ---------------------------------------------------------------------------------------------------                                                                     ---------------------------------------------------------------------------------------------------
                                     Newmont              Newmont              Tonnage (2)               Grade                Zinc (3)              Tonnage (2)               Grade                Zinc (3)              Tonnage (2)               Grade                Zinc (3)             Metallurgical           Tonnage (2)               Grade                Zinc (3)
Deposits/Districts                                       Share                Share             (x1000 tonnes)             (Zn %)                (Tonnes)            (x1000 tonnes)             (Zn %)                (Tonnes)            (x1000 tonnes)             (Zn %)                (Tonnes)               Recovery            (x1000 tonnes)             (Zn %)                (Tonnes)
------------------------------------------------ -------------------- -------------------                       --------------------                      -------------------                       --------------------                      --------------------                      -------------------                       --------------------                      --------------------                      -------------------                       --------------------                      -------------------                       --------------------                      -------------------                       --------------------
North America                                                                                           
                                                                  100        100 %                      100,100              100,100                 0.98       0.98 %                      980,000              980,000              248,100              248,100                 0.77       0.77 %                    1,910,000            1,910,000              348,200              348,200                 0.83       0.83 %                    2,890,000            2,890,000                   82         82 %                      406,800              406,800                 0.79       0.79 %                    3,210,000            3,210,000
  Penasquito Open Pits, Mexico (4)
                                                                  100        100 %                       11,800               11,800                 0.62       0.62 %                       70,000               70,000               27,800               27,800                 0.44       0.44 %                      120,000              120,000               39,600               39,600                 0.49       0.49 %                      190,000              190,000                   72         72 %                       31,800               31,800                 0.49       0.49 %                      150,000              150,000
  Penasquito Stockpiles, Mexico (5)
                                                                                           -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------
(1) See footnote (1) to the Gold Reserves table above. Zinc reserves for 2020 and 2019 were estimated at a zinc price of $1.15 and $1.20 per pound, respectively.                                                                                                                                                                         See footnote (1) to the Gold Reserves table above. Zinc reserves for 2020 and 2019 were estimated at a zinc price of $1.15 and $1.20 per pound, respectively.
(2) See footnote (2) to the Gold Reserves table above. Tonnages are rounded to nearest 100,000.                                                                                                                                                                                                                                     See footnote (2) to the Gold Reserves table above. Tonnages are rounded to nearest 100,000.
(3) See footnote (3) to the Gold Reserves table above. Tonnes may not recalculate as they are rounded to the nearest 10,000.                                                                                                                                                                                                              See footnote (3) to the Gold Reserves table above. Tonnes may not recalculate as they are rounded to the nearest 10,000.
(4) Zinc cut-off grade varies with level of gold, silver and zinc credits.                                                                                                                                                                                                                                     Zinc cut-off grade varies with level of gold, silver and zinc credits.
(5) Stockpiles are comprised primarily of material that has been set aside to allow processing of higher grade material in the mills. Stockpiles increase or decrease depending on current mine plans. Stockpile reserves are reported separately where tonnes exceed 10,000 and are greater than 5% of the total site-reported reserves. Stockpiles are comprised primarily of material that has been set aside to allow processing of higher grade material in the mills. Stockpiles increase or decrease depending on current mine plans. Stockpile reserves are reported separately where tonnes exceed 10,000 and are greater than 5% of the total site-reported reserves.
Attributable Zinc Resources (1)(2) - December 31, 2020, Metric Units
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                 Measured Resource                                                                                         Indicated Resource                                                                                       Measured and Indicated                                                                                        Inferred Resource
                                                                                                                                                                                                                                                                                                                                                                                                           Resource (3)
                                                                                                 ---------------------------------------------------------------------------------------------------                           ---------------------------------------------------------------------------------------------------                           ---------------------------------------------------------------------------------------------------                           ---------------------------------------------------------------------------------------------------
                        Newmont                Tonnage                 Grade                  Zinc                  Tonnage                 Grade                  Zinc                  Tonnage                 Grade                  Zinc                  Tonnage                 Grade                  Zinc
        Deposits/Districts                  Share             (x1000 tonnes)              (Zn%)                (tonnes)            (x1000 tonnes)              (Zn%)                (tonnes)            (x1000 tonnes)              (Zn%)                (tonnes)            (x1000 tonnes)              (Zn%)                (tonnes)
---------------------------------                      -------------------                       --------------------                      -------------------                       --------------------                      --------------------                      -------------------                       --------------------                      --------------------                      -------------------                       --------------------                      --------------------                      -------------------                       --------------------
North America                                                                        
                                                   100        100 %                       34,900               34,900                 0.69       0.69 %                      240,000              240,000              241,900              241,900                 0.59       0.59 %                    1,430,000            1,430,000              276,800              276,800                 0.60       0.60 %                    1,670,000            1,670,000              150,900              150,900                 0.53       0.53 %                      790,000              790,000
  Penasquito, Mexico
                                                                            -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------
(1) Resources are reported exclusive of reserves.                                                                                                                    Resources are reported exclusive of reserves.
(2) Resources for 2020 and 2019 were estimated at a zinc price of $1.40 and $1.45 per pound, respectively. Tonnage amounts have been rounded to the nearest 100,000. Resources for 2020 and 2019 were estimated at a zinc price of $1.40 and $1.45 per pound, respectively. Tonnage amounts have been rounded to the nearest 100,000.
(3) Measured and Indicated Resources (combined) are equivalent to Mineralized Material disclosed in Newmont's Form 10-K filing.           Measured and Indicated Resources (combined) are equivalent to Mineralized Material disclosed in Newmont's Form 10-K filing.
Attributable Lead Reserves (1) Metric Units
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                                                                                                                                                                         December 31, 2020                                                                                                                                                                                                                                                                  December 31, 2019
                                                    
------------------------------------------------ ---------------------- ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------                                               ---------------------------------------------------------------------------------------------------
                                                                                   Proven Reserves                                                                                           Probable Reserves                                                                                    Proven and Probable Reserves                                                                                   Proven and Probable Reserves
                                                                                                                  ---------------------------------------------------------------------------------------------------                           ---------------------------------------------------------------------------------------------------                           ---------------------------------------------------------------------------------------------------                                                                     ---------------------------------------------------------------------------------------------------
                                         Newmont              Tonnage (2)               Grade                Lead (3)              Tonnage (2)               Grade                Lead (3)              Tonnage (2)               Grade                Lead (3)             Metallurgical           Tonnage (2)               Grade                Lead (3)
Deposits/Districts                                        Share                 Share             (x1000 tonnes)             (Pb %)                (Tonnes)            (x1000 tonnes)             (Pb %)                (Tonnes)            (x1000 tonnes)             (Pb %)                (Tonnes)               Recovery            (x1000 tonnes)             (Pb %)                (Tonnes)
------------------------------------------------ ---------------------- -------------------                       --------------------                      -------------------                       --------------------                      --------------------                      -------------------                       --------------------                      --------------------                      -------------------                       --------------------                      -------------------                       --------------------                      -------------------                       --------------------
North America                                                                                             
                                                                    100        100 %                      100,100              100,100                 0.39       0.39 %                      390,000              390,000              248,100              248,100                 0.33       0.33 %                      810,000              810,000              348,200              348,200                 0.34       0.34 %                    1,200,000            1,200,000                   78         78 %                      406,800              406,800                 0.34       0.34 %                    1,370,000            1,370,000
  Penasquito Open Pits, Mexico (4)
                                                                    100        100 %                       11,800               11,800                 0.36       0.36 %                       40,000               40,000               27,800               27,800                 0.32       0.32 %                       90,000               90,000               39,600               39,600                 0.33       0.33 %                      130,000              130,000                   64         64 %                       31,800               31,800                 0.35       0.35 %                      110,000              110,000
  Penasquito Stockpiles, Mexico (5)
                                                                                             -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------
(1) See footnote (1) to the Gold Reserves table above. Lead reserves for 2020 and 2019 were estimated at a lead price of $0.90 and $0.95 per pound, respectively.                                                                                                                                                                         See footnote (1) to the Gold Reserves table above. Lead reserves for 2020 and 2019 were estimated at a lead price of $0.90 and $0.95 per pound, respectively.
(2) See footnote (2) to the Gold Reserves table above. Tonnages are rounded to nearest 100,000.                                                                                                                                                                                                                                     See footnote (2) to the Gold Reserves table above. Tonnages are rounded to nearest 100,000.
(3) See footnote (3) to the Gold Reserves table above. Tonnes may not recalculate as they are rounded to the nearest 10,000.                                                                                                                                                                                                              See footnote (3) to the Gold Reserves table above. Tonnes may not recalculate as they are rounded to the nearest 10,000.
(4) Lead cut-off grade varies with level of gold, silver and zinc credits.                                                                                                                                                                                                                                     Lead cut-off grade varies with level of gold, silver and zinc credits.
(5) Stockpiles are comprised primarily of material that has been set aside to allow processing of higher grade material in the mills. Stockpiles increase or decrease depending on current mine plans. Stockpile reserves are reported separately where tonnes exceed 10,000 and are greater than 5% of the total site-reported reserves. Stockpiles are comprised primarily of material that has been set aside to allow processing of higher grade material in the mills. Stockpiles increase or decrease depending on current mine plans. Stockpile reserves are reported separately where tonnes exceed 10,000 and are greater than 5% of the total site-reported reserves.
Attributable Lead Resources (1)(2) - December 31, 2020, Metric Units
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                 Measured Resource                                                                                         Indicated Resource                                                                                       Measured and Indicated                                                                                        Inferred Resource
                                                                                                                                                                                                                                                                                                                                                                                                           Resource (3)
                                                                                                 ---------------------------------------------------------------------------------------------------                           ---------------------------------------------------------------------------------------------------                           ---------------------------------------------------------------------------------------------------                           ---------------------------------------------------------------------------------------------------
                        Newmont                Tonnage                 Grade                  Lead                  Tonnage                 Grade                  Lead                  Tonnage                 Grade                  Lead                  Tonnage                 Grade                  Lead
Deposits/Districts                        Share                Share             (x1000 tonnes)              (Pb%)                (tonnes)            (x1000 tonnes)              (Pb%)                (tonnes)            (x1000 tonnes)              (Pb%)                (tonnes)            (x1000 tonnes)              (Pb%)                (tonnes)
                                  -------------------- -------------------                       --------------------                      -------------------                       --------------------                      --------------------                      -------------------                       --------------------                      --------------------                      -------------------                       --------------------                      --------------------                      -------------------                       --------------------
North America                                                                        
                                                   100        100 %                       34,900               34,900                 0.30       0.30 %                      100,000              100,000              241,900              241,900                 0.27       0.27 %                      660,000              660,000              276,800              276,800                 0.28       0.28 %                      760,000              760,000              150,900              150,900                 0.27       0.27 %                      400,000              400,000
  Penasquito, Mexico
                                                                            -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------
(1) Resources are reported exclusive of reserves.                                                                                                                    Resources are reported exclusive of reserves.
(2) Resources for 2020 and 2019 were estimated at a lead price of $1.10 and $1.15 per pound, respectively. Tonnage amounts have been rounded to the nearest 100,000. Resources for 2020 and 2019 were estimated at a lead price of $1.10 and $1.15 per pound, respectively. Tonnage amounts have been rounded to the nearest 100,000.
(3) Measured and Indicated Resources (combined) are equivalent to Mineralized Material disclosed in Newmont's Form 10-K filing.           Measured and Indicated Resources (combined) are equivalent to Mineralized Material disclosed in Newmont's Form 10-K filing.
Attributable Molybdenum Reserves (1) Metric Units
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                                                                                                                                                           December 31, 2020                                                                                                                                                                                                                                                                  December 31, 2019
--------------------------------------------------------  ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------                                              ---------------------------------------------------------------------------------------------------
                                                                     Proven Reserves                                                                                           Probable Reserves                                                                                    Proven and Probable Reserves                                                                                   Proven and Probable Reserves
                                                                                                    ----------------------------------------------------------------------------------------------------                          ---------------------------------------------------------------------------------------------------                           ---------------------------------------------------------------------------------------------------                                                                     ---------------------------------------------------------------------------------------------------
                           Newmont              Tonnage (2)               Grade             Molybdenum (3)           Tonnage (2)               Grade             Molybdenum (3)           Tonnage (2)               Grade             Molybdenum (3)          Metallurgical           Tonnage (2)               Grade             Molybdenum (3)
Deposits/Districts                           Share                Share             (x1000 tonnes)             (Mo %)                (Tonnes)            (x1000 tonnes)             (Mo %)                (Tonnes)            (x1000 tonnes)             (Mo %)                (Tonnes)               Recovery            (x1000 tonnes)             (Mo %)                (Tonnes)
------------------------------------ -------------------- -------------------                       --------------------                      --------------------                      --------------------                      --------------------                      -------------------                       --------------------                      --------------------                      -------------------                       --------------------                      -------------------                       --------------------                      -------------------                       --------------------
South America                                                                               
                                                    50.00      50.00 %               --       --           --       --              776,900              776,900                 0.02       0.02 %                      120,000              120,000              776,900              776,900                 0.02       0.02 %                      120,000              120,000                   48         48 %                      776,900              776,900                 0.02       0.02 %                      120,000              120,000
  NuevaUnion, Chile (4)
                                                                               -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------                                           -------------------- --------------------
(1) See footnote (1) to the Gold Reserves table above. Molybdenum reserves were estimated based on a molybdenum price set by NuevaUnion joint venture. See footnote (1) to the Gold Reserves table above. Molybdenum reserves were estimated based on a molybdenum price set by NuevaUnion joint venture.
(2) See footnote (2) to the Gold Reserves table above. Tonnages are rounded to nearest 100,000.                                                                     See footnote (2) to the Gold Reserves table above. Tonnages are rounded to nearest 100,000.
(3) See footnote (3) to the Gold Reserves table above. Tonnes may not recalculate as they are rounded to the nearest 10,000.                                        See footnote (3) to the Gold Reserves table above. Tonnes may not recalculate as they are rounded to the nearest 10,000.
(4) Project is currently undeveloped. Resource estimates provided by NuevaUnion joint venture.                                                         Project is currently undeveloped. Resource estimates provided by NuevaUnion joint venture.
Attributable Molybdenum Resources (1)(2) - December 31, 2020, Metric Units
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                    Measured Resource                                                                                         Indicated Resource                                                                                       Measured and Indicated                                                                                        Inferred Resource
                                                                                                                                                                                                                                                                                                                                                                                                              Resource (3)
                                                                                                    ---------------------------------------------------------------------------------------------------                           ---------------------------------------------------------------------------------------------------                           ---------------------------------------------------------------------------------------------------                           ---------------------------------------------------------------------------------------------------
                           Newmont                Tonnage                 Grade               Molybdenum               Tonnage                 Grade               Molybdenum               Tonnage                 Grade               Molybdenum               Tonnage                 Grade               Molybdenum
Deposits/Districts                           Share                Share             (x1000 tonnes)              (Mo%)                (tonnes)            (x1000 tonnes)              (Mo%)                (tonnes)            (x1000 tonnes)              (Mo%)                (tonnes)            (x1000 tonnes)              (Mo%)                (tonnes)
------------------------------------ -------------------- -------------------                       --------------------                      -------------------                       --------------------                      --------------------                      -------------------                       --------------------                      --------------------                      -------------------                       --------------------                      --------------------                      -------------------                       --------------------
South America                                                                           
                                                       50         50 %                      159,500              159,500                 0.01       0.01 %                       10,000               10,000              231,500              231,500                 0.01       0.01 %                       20,000               20,000              391,000              391,000                 0.01       0.01 %                       30,000               30,000              362,300              362,300                 0.01       0.01 %                       40,000               40,000
  NuevaUnion, Chile (4)
                                                    18.75      18.75 %                      141,900              141,900                 0.03       0.03 %                       40,000               40,000              137,400              137,400                 0.03       0.03 %                       40,000               40,000              279,300              279,300                 0.03       0.03 %                       80,000               80,000              139,900              139,900                 0.03       0.03 %                       40,000               40,000
  Aqua Rica, Argentina (5)
                                                                               -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- -------------------- -------------------- --------------------                                           -------------------- --------------------
(1) Resources are reported exclusive of reserves.                                                                                                                                                                                  Resources are reported exclusive of reserves.
(2) Resources for NuevaUnion and Aqua Rica are estimated based on a molybdenum price set by NuevaUnion joint venture and Yamana, respectively. Tonnage amounts have been rounded to the nearest 100,000. Resources for NuevaUnion and Aqua Rica are estimated based on a molybdenum price set by NuevaUnion joint venture and Yamana, respectively. Tonnage amounts have been rounded to the nearest 100,000.
(3) Measured and Indicated Resources (combined) are equivalent to Mineralized Material disclosed in Newmont's Form 10-K filing.                                                                         Measured and Indicated Resources (combined) are equivalent to Mineralized Material disclosed in Newmont's Form 10-K filing.
(4) Project is currently undeveloped. Resource estimates provided by NuevaUnion joint venture.                                                                                                                        Project is currently undeveloped. Resource estimates provided by NuevaUnion joint venture.
(5) Resource estimates provided by Yamana, the operator of the Aqua Rica joint venture.                                                                                                                                            Resource estimates provided by Yamana, the operator of the Aqua Rica joint venture.

Cautionary Statement:

The "Mineral Reserves" or "reserves" disclosed in this release have been prepared in compliance with Industry Guide 7 published by the SEC. As used in this news release, the term "reserve" means that part of a mineral deposit that can be economically and legally extracted or produced at the time of the reserve determination. The term "economically," as used in this definition, means that profitable extraction or production has been established or analytically demonstrated in a feasibility study to be viable and justifiable under reasonable investment and market assumptions. The term "legally," as used in this definition, does not imply that all permits needed for mining and processing have been obtained or that other legal issues have been completely resolved. However, for a reserve to exist, Newmont must have a justifiable expectation, based on applicable laws and regulations, that issuance of permits or resolution of legal issues necessary for mining and processing at a particular deposit will be accomplished in the ordinary course and in a timeframe consistent with Newmont's current mine plans. Reserves in this news release are aggregated from the proven and probable classes. The term "Proven Reserves" used in the tables of this news release means reserves for which (a) quantity is estimated from dimensions revealed in outcrops, trenches, workings or drill holes; (b) grade and/or quality are estimated from the results of detailed sampling; and (c) the sites for inspection, sampling and measurements are spaced so closely and the geologic character is sufficiently defined that size, shape, depth and mineral content of reserves are well established. The term "Probable Reserves" means reserves for which quantity and grade are estimated from information similar to that used for proven reserves, but the sites for sampling are farther apart or are otherwise less closely spaced. The degree of assurance, although lower than that for proven reserves, is high enough to assume continuity between points of observation. Newmont classifies all reserves as Probable on its development projects until a year of production has confirmed all assumptions made in the reserve estimates. Proven and Probable reserves include gold, copper, silver, zinc, lead or molybdenum attributable to Newmont's ownership or economic interest. Proven and probable reserves were calculated using cut-off grades. The term "cutoff grade" means the lowest grade of mineralized material considered economic to process. Cut-off grades vary between deposits depending upon prevailing economic conditions, mineability of the deposit, by-products, amenability of the ore to gold, copper, silver, zinc, lead, molybdenum extraction and type of milling or leaching facilities available.

Notice for U.S. Investors:

The terms "resources" and "Measured, Indicated and Inferred resources" are used in this news release. Investors are advised that the SEC does not recognize these terms and "resources" have not been prepared in accordance with Industry Guide 7. Newmont has determined that such "resources" would be substantively the same as those prepared using the Guidelines established by the Society of Mining, Metallurgy and Exploration (SME) and defined as "Mineral Resource". Estimates of resources are subject to further exploration and development, are subject to additional risks, and no assurance can be given that they will eventually convert to future reserves. Inferred Resources, in particular, have a great amount of uncertainty as to their existence and their economic and legal feasibility. Investors are cautioned not to assume that any part or all of the Inferred Resource exists, or is economically or legally mineable. Also, disclosure of contained ounces is permitted under the SME Guideline and other regulatory guidelines, such as Canada's NI 43-101 and Australia's JORC. However, the SEC generally requires mineral resource information in SEC-filed documents to be reported only as in-place tonnage and grade. Investors are reminded that even if significant mineralization is discovered and converted to reserves, during the time necessary to ultimately move such mineralization to production the economic feasibility of production may change. US investors are encouraged to refer to the "Proven and Probable Reserve" tables contained herein for reserves prepared in compliance with the SEC's Industry Guide 7, and to the Company's website for the "Proven and Probable Reserve" and "Mineralized Material tables, available at www.newmont.com and included in the Company's Form 10-K, expected to be filed on or about February 18, 2021, on www.sec.gov. Investors are reminded that the tables presented in the Annual Report are estimates as of December 31, 2020 and were presented on an attributable basis reflecting the Company's ownership interest at such time.

Cautionary Statement Regarding Forward Looking Statements:

This release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbor created by such sections and other applicable laws. Such forward-looking statements may include, without limitation, estimates and expectations of future production, exploration outlook and expected expenditure, and operational and financial performance. Where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. However, such statements are subject to risks, uncertainties, assumptions and other factors, which could cause actual results to differ materially from future results expressed or implied by the "forward-looking statements". Such assumptions, include, but are not limited to the key assumptions set forth on page 5 hereof. For a more detailed discussion of risks and other factors that might impact future looking statements, see the Company's Annual Report on Form 10-K for the year ended December 31, 2019 filed with the U.S. Securities and Exchange Commission (the "SEC"), under the heading "Risk Factors", as well as the COVID-19 related "Risk Factor" in the Quarterly Report on Form 10-Q for the quarter ended March 31, 2020, filed with the SEC, available on the SEC website or www.newmont.com. Investors are also encouraged to refer to the Company's 2020 Form 10-K, which is expected to be filed on or about February 18, 2021, with the SEC under the headings "Risk Factors" and "Forward-Looking Statements" for additional information, The Company does not undertake any obligation to release publicly revisions to any "forward-looking statement," including, without limitation, outlook, to reflect events or circumstances after the date of this news release, or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws. Investors should not assume that any lack of update to a previously issued "forward-looking statement" constitutes a reaffirmation of that statement. Continued reliance on "forward-looking statements" is at investors' own risk.

About Newmont

Newmont is the world's leading gold company and a producer of copper, silver, zinc and lead. The Company's world-class portfolio of assets, prospects and talent is anchored in favorable mining jurisdictions in North America, South America, Australia and Africa. Newmont is the only gold producer listed in the S&P 500 Index and is widely recognized for its principled environmental, social and governance practices. The Company is an industry leader in value creation, supported by robust safety standards, superior execution and technical expertise. Newmont was founded in 1921 and has been publicly traded since 1925.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210210005297/en/

SOURCE: Newmont Corporation

Media Contact 
Courtney Boone, 303.837.5159
courtney.boone@newmont.com 

Investor Contact 
Eric Colby, 303.837.5724
eric.colby@newmont.com
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