Mining Veteran Gary Goldberg Named Chief Executive Officer of Newmont

For best results when printing this announcement, please click on the link
below:

http://pdf.reuters.com/pdfnews/pdfnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20130301:nPnLA69119

DENVER, March 1, 2013 /PRNewswire/ -- Newmont Mining Corporation (NYSE: NEM)
("Newmont" or the "Company") today announced that President and Chief Operating
Officer Gary Goldberg has been named President and Chief Executive Officer and
joined Newmont's Board of Directors, pursuant to a succession plan announced on
December 3, 2012.

Vincent A. Calarco, Non-Executive Chairman of the Board, said, "We congratulate
Gary Goldberg on his appointment and welcome him to the Board. We are confident
that Newmont is well positioned for the next stage of its growth and development
and that Gary's deep and broad skill set and experience make him the right
leader to take the Company forward."

Calarco added, "We thank Richard O'Brien for his loyal service to Newmont and
for his many contributions to the Company's success over the past seven years,
and wish him well for the future."

Goldberg said, "I am honored to lead Newmont as we focus on strengthening our
fundamentals as a mining company and delivering greater value to shareholders.
My immediate priorities are to drive a more disciplined approach to capital
allocation and to set and meet aggressive cost targets. My overall goal is to
build on our superior asset base - including our portfolio, position and people
- while attaining industry- leading practices in the areas of safety and social
and environmental responsibility."

Prior to joining Newmont in December 2011, Goldberg spent 30 years at Rio Tinto
based in the US, UK and Australia and served in increasingly senior positions
in its gold, copper, coal, and industrial minerals businesses. He was President
and CEO of Rio Tinto Minerals from 2006 to 2011; President and CEO of Rio Tinto
Borax from 2004 to 2006; Managing Director of Coal and Allied Industries Ltd
from 2001 to 2004; and President and CEO of Kennecott Energy from 1999 to 2001.

Goldberg also served as Chairman of the US National Mining Association from 2008
to 2010 and formed and led its CEO's Safety Task Force. Under his leadership at
Rio Tinto Borax, the company was twice named America's safest large mining
operation by the federal Mine Safety and Health Administration and was the first
mining company to receive the California Governor's Environmental and Economic
Leadership Award. In Australia, he was appointed to the government's Business
Roundtable on Sustainable Development. He holds a Bachelor of Science degree in
Mining Engineering from the University of Wisconsin-Platteville and a Master
of Business Administration degree from the University of Utah.

About Newmont
Founded in 1921 and publicly traded since 1925, Newmont (www.newmont.com) is one
of the largest gold companies in the world. Headquartered in Colorado, the
Company has approximately 40,000 employees and contractors, with the majority
working at core operations in the United States, Australia, Peru, Indonesia
and Ghana. Newmont is the only gold company listed in the S&P 500 index and in
2007 became the first gold company selected to be part of the Dow Jones
Sustainability World Index. Newmont's industry leading performance is reflected
through high standards in environmental management, health and safety for its
employees and creating value and opportunity for host communities and
shareholders.

Cautionary Statement
This release contains "forward-looking statements" within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of the Securities
Exchange Act of 1934, as amended, which are intended to be covered by the safe
harbor created by such sections and other applicable laws. Such forward-looking
statements may include statements relating to the Company's future growth, asset
development, cost savings, capital allocation, execution and performance. Such
statements relating to future performance are subject to certain risks and other
factors as disclosed in the Company's 2012 Annual Report on Form 10-K filed with
the Securities and Exchange Commission under the heading "Risk Factors." As
such, investors are cautioned not to place undue reliance on forward-looking
statements.

SOURCE Newmont Mining Corporation

Media; Omar Jabara, +1-303-837-5114, omar.jabara@newmont.com, or Diane Reberger,
+1-303-967-9455, diane.reberger@newmont.com, OR Investor; John Seaberg,
+1-303-837-5743, john.seaberg@newmont.com, or Karli Anderson, +1-303-837-6049,
karli.anderson@newmont.com