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 2012Q1 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 2012Q1 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

The second quarter 2013 results and related financial and statistical information will be available after the market close on Thursday, July 25, 2013 on the "Investor Relations" section of the Company's web site, www.newmont.com. Additionally, the conference call will be archived for a limited time on the Company's website.

Cautionary Statement Regarding Preliminary Results

We caution you that, whether or not expressly stated, all measures of the Company's second quarter financial results and condition contained in this news release, including gold and copper production and sales, are preliminary and reflect our expected second quarter results as of the date of this news release. Actual reported results are subject to management's final review as well as audit by the Company's independent registered accounting firm and may vary significantly from those expectations because of a number of factors, including, without limitation, additional or revised information and changes in accounting standards or policies or in how those standards are applied. For a discussion of factors that may adversely affect our financial results and condition, see the Company's 2012 Annual Report on Form 10-K, filed on February 22, 2013, with the Securities and Exchange Commission ("SEC"), as well as the Company's other SEC filings, available on the SEC's website at www.sec.gov. The Company will provide additional discussion and analysis and other important information about its second quarter financial results and condition when it reports actual results on July 25, 2013. Investors are encouraged to consider this information in conjunction with the Company's Form 10-Q for the quarter-ended June 30, 2013, which is expected to be filed with the SEC on or about July 25, 2013.

Cautionary Statement Regarding Forward Looking Statements:

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbor created by such sections and other applicable laws. Such forward-looking statements may include, without limitation estimates of full year 2013 attributable gold and copper production and sales. Estimates or expectations of future events or results are based upon certain assumptions, which may prove to be incorrect. Such assumptions, include, but are not limited to: (i) there being no significant change to current geotechnical, metallurgical, hydrological, meteorological and other physical conditions; (ii) permitting, development, operations and expansion being consistent with current expectations and mine plans; (iii) political developments in any jurisdiction in which the Company operates being consistent with its current expectations; (v) certain price assumptions for gold, copper and oil; (vi) prices for key supplies being approximately consistent with current levels; and (vii) the accuracy of our current mineral reserve and mineral resource estimates. 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 and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by the "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, community relations, conflict resolution and outcome of oppositions and governmental regulation and judicial outcomes. For a more detailed discussion of such risks and other factors, see the Company's 2012 Annual Report on Form 10-K, filed on February 22, 2013, 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," 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.

Newmont Mining Corporation
Investor Contacts
John Seaberg, 303-837-5743
john.seaberg@newmont.com
Allysa Howell, 303-837-5788
allysa.howell@newmont.com
or
Media Contacts
Omar Jabara, 303-837-5114
omar.jabara@newmont.com
Diane Reberger, 303-967-9455
diane.reberger@newmont.com