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Newmont Announces Second Quarter Attributable Gold And Copper Production And Sales

Newmont Mining Corporation (NYSE: NEM) (“Newmont” or the “Company”) today reported preliminary second quarter attributable gold and copper production of 1.167 million ounces and 34 million pounds, respectively. Preliminary attributable gold and copper sales were 1.213 million ounces and 37 million pounds, respectively. Second quarter gold production was in line with expectations.

The London PM Fix average gold price for the quarter was $1,415 per ounce.

The Company continues to expect full year 2013 attributable gold and copper production of 4.8 – 5.1 million ounces and 150 – 170 million pounds, respectively.

1 See cautionary statement regarding preliminary results at the end of this release.

Q2 2013 Preliminary Operating Results

Attributable Production
               
   

Q2 2012 Attributable Production

Q1 2013 Attributable Production

Q2 2013 Attributable Production

% Change Q2 2013 vs

% Change Q2 2013 vs
Region (Kozs, Mlbs) (Kozs, Mlbs) (Kozs, Mlbs) Q2 2012 Q1 2013
Nevada a 378 381 383 1% 1%
La Herradura     59     55     54     -8%     -2%
North America     437     436     437     0%     0%
Yanacocha     200     147     150     -25%     2%
La Zanja     13     15     17     31%     13%
South America     213     162     167     -22%     3%
Boddington     180     177     171     -5%     -3%
Other Australia/NZ     212     258     247     17%     -4%
Asia Pacific     392     435     418     7%     -4%
Batu Hijau     8     7     6     -25%     -14%
Indonesia     8     7     6     -25%     -14%
Ahafo     132     125     139     5%     11%
Africa     132     125     139     5%     11%
Total Gold     1,182     1,165     1,167     -1%     0%
Boddington     18     18     16     -11%     -11%
Batu Hijau     20     20     18     -10%     -10%
Total Copper     38     38     34     -11%     -11%
 

Attributable Sales
               
   

Q2 2012 Attributable Sales b

Q1 2013 Attributable Sales b

Q2 2013 Attributable Sales b

% Change Q2 2013 vs

% Change Q2 2013 vs
Region (Kozs, Mlbs) (Kozs, Mlbs) (Kozs, Mlbs) Q2 2012 Q1 2013
Nevada a 361     351     399     11%     14%
La Herradura     59     55     54     -8%     -2%
North America     420     406     453     8%     12%
Yanacocha     196     143     152     -22%     6%
La Zanja     13     15     17     31%     13%
South America     209     158     169     -19%     7%
Boddington     164     200     193     18%     -4%
Other Australia/NZ     211     254     250     18%     -2%
Asia Pacific     375     454     443     18%     -2%
Batu Hijau     6     3     6     0%     100%
Indonesia     6     3     6     0%     100%
Ahafo     130     119     142     9%     19%
Africa     130     119     142     9%     19%
Total Gold     1,140     1,140     1,213     6%     6%
Boddington     13     20     19     46%     -5%
Batu Hijau     15     11     18     20%     64%
Total Copper     28     31     37     32%     19%
a Production and sales volumes do not include copper production from the Phoenix mine. Phoenix copper production is accounted for as a by-product and its revenues, net of treatment and refining charges, are credited to Nevada costs applicable to sales as a by-product credit.
b Included in attributable sales are Newmont’s non-consolidated equity interests in La Zanja and Duketon.
 

Conference Call Details

Newmont Mining Corporation will report second quarter 2013 results after the market closes on Thursday, July 25, 2013. A conference call will be held on Friday, July 26 at 10:00 a.m. Eastern Time (8:00 a.m. Mountain Time); it will also be carried on the Company’s website.

Conference Call Details
     

Dial-In Number
     

888.566.1822

Intl Dial-In Number

312.470.7116

Leader

John Seaberg

Passcode

Newmont

Replay Number

800-846-5455

Intl Replay Number

203-369-3127

Replay Passcode

2013

Webcast Details
      URL      

http://services.choruscall.com/links/newmont130430.html

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