Paydirt Gold Conference Adriaan van Kersen
2-3 April, 2008
A New Day Dawning
April 2, 2008 Slide 2
Cautionary Statement
This presentation contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended that are intended to be covered by the safe harbor created by such sections. Such forward-looking statements include, without limitation, (i) estimates of future capital expenditures, project costs, tax rates and expenses; (ii) estimates regarding timing of future mine development, construction, operations, or closure activities; and (iii) statements regarding potential cost savings, productivity, operating performance, cost structure and competitive position. 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, forward-looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. Such risks include, but are not limited to, gold and other metals price volatility, currency fluctuations, increased production costs and variances in ore grade or recovery rates from those assumed in mining plans, political and operational risks in the countries in which we operate, and governmental regulation and judicial outcomes. For a more detailed discussion of such risks and other factors, see the Company’s 2007 Annual Report on Form 10-K, filed on February 21, 2008, with the Securities and Exchange Commission, as well as the Company’s other SEC filings. The Company does not undertake any obligation to release publicly revisions to any “forward-looking statement,” 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.
April 2, 2008 Slide 4
A new Day Dawning
April 2, 2008 Slide 5
Project Execution
Operational Execution
Financial Performance
Exploration &Development
Leverage, Scope & Scale
GOLD
BASE METALS
MAJOR PROJECTS
POTENTIAL ACQUISITION
HOPE BAY
Our FoundationsBuilding Sustainable Performance
Regional Growth
April 2, 2008 Slide 6
Operational Execution &2008 Outlook
2007Outlook
2007 Actuals
2008 Outlook
Equity gold sales (million ounces) 5.2 – 5.4
$375 – $400
190 – 210
$1.10 – $1.20
$1.7 – $1.9
$180 – $185
5.1 – 5.4
Costs applicable to sales ($/oz)
5.32
$406*
204
$1.10
$1.67
Exploration (millions) $177 $240 – $255
$425 – $450
Equity copper sales (million pounds) 155 – 165
Costs applicable to sales ($/lb) $1.30 – $1.40
Capital expenditures (billions) $1.8 – $2.0
April 2, 2008 Slide 7
Operational ExecutionAustralia/New Zealand
BoddingtonKalgoorlie
Jundee
Tanami
Waihi
Perth
Q4 2007 YTD 2007 Outlook 2008
335
$494
$229
Equity gold sales (000 ozs)* 1,324 1,065 – 1,125
Costs applicable to sales – Gold ($/oz) $496 $585 - $625
Consolidated capital expenditures ($m)
$597 $800 - $850
*Includes sales from discontinued operations of Pajingo in 2007.
April 2, 2008 Slide 8
Number of Gold Discoveries Found Per Year Over 1 Million Ounces
0
5
10
15
20
25
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
Num
ber o
f Dis
cove
ries
$0
$1
$2
$3
$4
$5
Expl
orat
ion
Expe
nditu
res
($ B
illio
n)
**
Early Stages of Exploration DataSource: PACRIM 2004 & MEG
Industry Exploration Expenditures
Exploration: The Limits to Discovery
April 2, 2008 Slide 9
Exploration: Newmont’s Track Record
Total Reserve Ounce Differential = 52.4 Million OuncesFive-Year Exploration Cost = $804 Million
0
20
40
60
80
100
2003 2004 2005 2006 2007Cumulative Reserves From ExplorationReserves Without Exploration Success Peer Group Average*
91.3 92.4 93.2 93.8
64.855.5
46.941.4
Moz
86.5
34.1
*Peer Group includes: ABX, AU, GFI, PDG
April 2, 2008 Slide 10
Exploration :2008 Program
April 2, 2008 Slide 11
Execution OperationsStage 1 Stage 2 Stage 3 Stage 4 GateGate
Gate 4Ensure single option is optimized, predictable and competitive
GateGate
Gate 3Select a single option to achieve Business Case
GateGate
Gate 2Determine if a Business Case exists
GateGate
Gate 1Advance viable business opportunities
Capital EffectivenessStage-Gate Process
StageDefined work requirements performed by various cross functional groups
GateDetermine if the investment
aligns with Newmont’s Strategy & Objectives
Business Opportunity Creation
Business Opportunity Delivery
April 2, 2008 Slide 13
2008 Strategic Priorities:Exploration & Development ProjectsConga - Peru
Reserves (equity): 6.1 million ounces of gold,
1.7 billion pounds of copper
Progress: Stage 3 studies in progress
Permitting activities underway
Building cross functional teams
Continuing to engage community
Development decision expected in 2008
Akyem - Ghana
Reserves (equity): 7.7 million ounces gold
Progress: Stage 2 studies in progress
Permitting activities underway
Development decision expected in 2008Akyem
Conga Drilling
April 2, 2008 Slide 14
2008 Strategic Priorities:Projects in Execution
Nevada Power PlantImpact: Reduce Nevada operating costs by ~$25 per ounce
Progress: On track for mid-2008 start-up
Capital: $620 - $640 million
Yanacocha Gold Mill (consolidated)Impact: 400 – 500 thousand ounces of gold per annum
$250 – $300/oz average costs applicable to sales
Progress: On track for start-up mid-2008
Capital: $250 - $270 million
Boddington
April 2, 2008 Slide 15
Business ObjectivesDevelop long life operation in AAA country
Increase future reserves
Create long term stable cash flows
Current Reserves (Newmont):
• 11.1 million ounces of gold
• 1.0 billion pounds of copper
Production First Five-Years (100%)Gold annual average : 950 – 1,050 thousand ounce
Copper annual average: 30 – 35 thousand tones
Project Metrics Safety – TRIFR: 1.21
Capital (Newmont): $1.4 to $1.6 billion
Progress: 62% complete
Start-up: On track for late 2008 / early 2009
Boddington 12/31/2007 Status
April 2, 2008 Slide 16
Waihi
DBD0475D1: 19.8m @ 5.6g/t (14.7@ 7.1g/t)
DBD0476: In progress, testing ‘ASOK’ on 59730mE
Auron Domain Shape Feb ‘08
April 2, 2008 Slide 17
The Callie Deeps Vision
April 2, 2008 Slide 18
The Callie Deeps Vision
April 2, 2008 Slide 19
Callie Deeps - Recent Discovery
DBD0475D1: 19.8m @ 5.6g/t (14.7@ 7.1g/t)
DBD0476: In progress, testing ‘ASOK’ on 59730mE
Auron Domain Shape Feb ‘08
April 2, 2008 Slide 20
Driving Shareholder Value ThroughFocus and Execution
Our Foundation
World’s premier unhedged gold producer
Focus on core gold business and
operational execution
Building on the Momentum from 2007
Extensive Exploration Portfolio
Acquired prospective Hope Bay project in Canada
Disciplined Project Evaluation process
Healthy Project Pipeline
Boddington
A New Day Dawning
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