Newmont Mining Corporation (NYSE: NEM) today announced fourth quarter income from continuing operations of $72 million ($0.16 per share) and 2005 income from continuing operations of $374 million ($0.84 per share). Newmont also reported industry-leading cash from operations of $1.25 billion for 2005, as well as record proven and probable gold reserves of 93.2 million equity ounces at year-end 2005, based on a gold price assumption of $400 per ounce. Other fourth quarter and 2005 highlights included:

* Consolidated gold sales for the fourth quarter of 2.4 million ounces at

an average realized gold price of $472 per ounce and costs applicable to

sales of $230 per ounce;

* Consolidated gold sales for 2005 of 8.6 million ounces at an average

realized gold price of $441 per ounce and costs applicable to sales of

$236 per ounce; and

* Cash and cash equivalents, short-term marketable securities and other

short-term investments of $1.9 billion at year-end.

Wayne W. Murdy, Chairman and Chief Executive Officer, said, "For 2005, we again generated industry leading operating cash flow, despite lower earnings resulting from industry-wide cost pressures and the impact of several non-cash accounting write-downs. We also achieved our goal of replacing depletion for the fourth straight year. As we look to 2006 and beyond, we are excited about the opportunities our newest initiatives will provide to improve our cost structure and competitive position in the industry. This year we will complete the Phoenix and Leeville projects in Nevada, plus the Ahafo project in Ghana. In 2008, we expect to complete the Nevada power plant, the Akyem project in Ghana, and the Boddington project in Australia."

Financial (in millions,

except per share) Q4 2005 Q4 2004 2005 2004

Revenues $1,305 $1,198 $4,406 $4,411

Net cash provided from

continuing operations $489 $587 $1,253 $1,549

Income from continuing

operations $72 $150 $374 $453

Income from continuing

operations per common share $0.16 $0.34 $0.84 $1.02

Operating

Consolidated gold sales from

continuing ops (000 ounces) 2,437 2,308 8,552 8,829

Equity gold sales

(000 ounces)1 1,799 1,794 6,493 6,969

Average realized gold price

($/ounce) $472 $436 $441 $412

Costs applicable to sales

($/ounce) $230 $211 $236 $216

(1) Includes sales from the Holloway discontinued operation of 16,000 and

19,000 ounces in the fourth quarter of 2005 and 2004, respectively,

and 67,800 and 67,400 ounces for 2005 and 2004, respectively.

EXPLORATION AND RESERVES HIGHLIGHTS

For 2005, the Company added 9.4 million equity ounces of reserves through exploration, offsetting 8.6 million equity ounces of depletion and divestments. 2005 exploration highlights include:

* In Ghana, equity reserves grew by 17% (2.7 million ounces) to 18.7

million ounces;

* In Nevada, Phoenix reserves grew by 0.5 million ounces to 8.9 million

ounces; and

* At Conga in Peru, equity reserves grew by 1.6 million ounces to

6.1 million ounces.

Proven and Probable Equity Gold Reserves(1)

Ounces (million)

Actual 2004 92.4

Depletion -8.3

Divestments -0.3

Additions 9.4

Actual 2005 93.2

2005 Pro Forma 96.8(2)

Of the 9.4 million equity ounces added to reserves during 2005, 6.8 million ounces were added from the drill bit, while 2.6 million ounces were added as a result of a higher gold price assumption ($400 per ounce).

Subsequent to December 31, 2005, pro forma year-end equity reserves increased by 3.6 million ounces to 96.8 million ounces resulting from the acquisitions of the remaining 15% interest in the Akyem project in Ghana and an additional 22.22% of the Boddington project in Australia (under contract), partially offset by a 0.2 million ounce reduction at Zarafshan due to a revision to the ore supply agreement.

(1) For detailed information on the Company's year-end reserves, please

refer to the Supplemental Information in this release.

(2) Includes pro forma equity reserves added after December 31, 2005

through additional interest acquired in Akyem and pending interest to

be acquired in Boddington. Also includes negative adjustment to

Zarafshan reserves.

FINANCIAL & OPERATING REVIEW

Fourth quarter 2005 income from continuing operations was $72 million ($0.16 per share), compared with $150 million ($0.34 per share) for the fourth quarter 2004. For 2005, income from continuing operations was $374 million ($0.84 per share), compared with $453 million ($1.02 per share) for 2004. Income for the fourth quarter was impacted by the following:

Impact of the following

transactions (after-tax) 2005 Q4 2004 Q4

$ Million EPS $ Million EPS

Income from continuing operations $72 $0.16 $150 $0.34

- Gain on sale of marketable

securities $11 $0.02 -- --

- Gain on receivable valuation

allowance adjustment $6 $0.01 -- --

- Gain on disposition of assets -- -- $3 $0.01

- Buyat Bay civil suit settlement ($18) ($0.04) -- --

- Gain on various tax items -- -- $62 $0.14

- (Loss)/gain on reclamation

estimate revisions ($16) ($0.03) $16 $0.04

- Loss on write-down of long-lived

assets ($26) ($0.06) ($9) ($0.02)

- Loss on write-down of Nevada

goodwill ($41) ($0.09) -- --

- Loss on write-down of Pajingo

goodwill -- -- ($52) ($0.12)

These items had the net effect of decreasing income from continuing operations for the fourth quarter of 2005 by $84 million ($0.19 per share) and increasing income from continuing operations for the fourth quarter of 2004 by $20 million ($0.06 per share). For 2005, income from continuing operations was reduced by $34 million ($0.07 per share) as a result of numerous similar transactions.(1)

The Company generated net cash from continuing operations of $489 million in the fourth quarter and $1.25 billion for 2005.

OPERATING HIGHLIGHTS - NEVADA

Nevada Q4 2005 Q4 2004 2005 2004

Consolidated gold sales

(000 ounces) 651.9 702.7 2,444.1 2,538.0

Equity gold sales (000 ounces) 606.2 668.2 2,287.2 2,416.0

Consolidated costs applicable

to sales ($/ounce) $340 $271 $333 $282

In Nevada, gold ounces sold decreased 7% in the fourth quarter of 2005 compared to the same period in 2004 as an 8% increase in mill throughput and a 14% increase in heap leach ore placed were offset by a 14% decrease in mill ore grade. Adverse mill grades were caused by unfavorable ground conditions at underground operations and a continuing underground labor shortage impacting production rates from higher grade underground ore zones. Costs applicable to sales per ounce increased 25% in the fourth quarter of 2005 from the fourth quarter of 2004, primarily due to lower volumes, increased labor and underground contract service costs, as well as higher diesel and other commodity prices. Experienced miners, particularly underground miners, remain in short supply in Nevada, with labor rates increasing commensurate with the shortfall.

(1) Please refer to Supplemental Information in this release.

OPERATING HIGHLIGHTS - YANACOCHA

Yanacocha Q4 2005 Q4 2004 2005 2004

Consolidated gold sales

(000 ounces) 1,062.9 849.1 3,327.5 3,039.9

Equity gold sales (000 ounces) 545.8 436.0 1,708.7 1,561.0

Consolidated costs applicable to

sales ($/ounce) $145 $132 $147 $142

At Yanacocha in Peru, gold ounces sold increased 25% in the fourth quarter of 2005 compared to the same period in 2004 due to a 15% increase in ore placed and reduction of precipitate inventory. Costs applicable to sales per ounce increased 10% as increased labor and commodity costs, including diesel, were partially offset by the increase in production.

OPERATING HIGHLIGHTS - AUSTRALIA/NEW ZEALAND

Australia/New Zealand Q4 2005 Q4 2004 2005 2004

Consolidated sales (000 ounces) 397.0 473.2 1,600.5 1,887.6

Equity gold sales (000 ounces) 397.0 473.2 1,600.5 1,887.6

Consolidated costs applicable

to sales ($/ounce) $315 $292 $317 $280

At Pajingo in Australia, gold ounces sold decreased 27% in the fourth quarter of 2005 from the fourth quarter of 2004, primarily due to a 24% decrease in ore milled as low grade stockpiles that supplemented production in 2004 have been exhausted. Costs applicable to sales per ounce increased 11%, primarily due to lower production.

At Jundee in Australia, gold ounces sold increased 5% in the fourth quarter of 2005 from the fourth quarter of 2004, primarily due to a 6% increase in ore milled. Costs applicable to sales per ounce increased 2% in the fourth quarter of 2005 from the fourth quarter of 2004, primarily due to higher underground contract services and diesel costs.

At Tanami in Australia, gold ounces sold decreased 29% in the fourth quarter of 2005 from the fourth quarter of 2004, primarily due to a 33% decrease in mill throughput, primarily due to the completion of mining at Groundrush in 2004. Costs applicable to sales per ounce remained constant in the fourth quarter of 2005 from the fourth quarter of 2004, as higher underground support and diesel costs were offset by the cessation of milling operations at Groundrush in August 2005.

At Kalgoorlie in Australia, gold ounces sold decreased 11% in the fourth quarter of 2005 from the fourth quarter of 2004, primarily due to an 18% decline in ore grade. Costs applicable to sales per ounce increased 27% in the fourth quarter of 2005 from the fourth quarter of 2004, primarily due to lower production and increased diesel, reagent and power costs.

At Martha in New Zealand, gold ounces sold decreased 12% in the fourth quarter of 2005 compared to the fourth quarter of 2004, primarily the result of a 9% decrease in ore milled. Costs applicable to sales per ounce remained constant in the fourth quarter of 2005 from the fourth quarter of 2004, primarily a result of higher by-product revenue offset by higher processing costs from harder ore.

OPERATING HIGHLIGHTS - BATU HIJAU

Batu Hijau Q4 2005 Q4 2004 2005 2004

Consolidated copper sales

(million pounds) 128.7 164.3 572.7 683.3

Equity copper sales

(million pounds) 68.0 86.8 302.8 378.8

Consolidated costs applicable

to sales ($/pound copper) $0.60 $0.48 $0.53 $0.45

Consolidated gold sales

(000 ounces) 180.9 178.9 720.5 715.2

Equity gold sales (000 ounces) 95.7 94.6 381.0 396.3

Consolidated costs applicable

to sales ($/ounce gold) $161 $135 $152 $128

At Batu Hijau in Indonesia, copper sales decreased 22% in the fourth quarter of 2005 from the fourth quarter of 2004, primarily due to an 18% decrease in ore milled and a 10% decrease in ore grade. Gold sales remained constant in the fourth quarter of 2005 from the fourth quarter of 2004 as an 18% decrease in ore milled was offset by a 15% increase in ore grade. Costs applicable to sales per pound of copper and ounce of gold increased 25% and 19%, respectively, during the fourth quarter of 2005 from the fourth quarter of 2004. Operating costs increased primarily as a result of higher fuel, maintenance, consumable, power and labor costs.

OPERATING HIGHLIGHTS - OTHER

Other Q4 2005 Q4 2004 2005 2004

Consolidated gold sales

(000 ounces) 144.0 103.8 459.4 648.2

Equity gold sales (000 ounces) 138.1 103.1 448.1 640.8

Consolidated costs applicable

to sales ($/ounce) $214 $219 $229 $220

At Golden Giant in Canada, gold ounces sold increased 11% in the fourth quarter of 2005 from the fourth quarter of 2004, attributable to a 28% increase in mill throughput and a 5% increase in ore grade. Costs applicable to sales per ounce decreased 10% in the fourth quarter of 2005 from the fourth quarter of 2004, primarily as a result of the increase in production, partially offset by the appreciation of the Canadian dollar.

At La Herradura in Mexico, gold ounces sold increased 9% in the fourth quarter of 2005 from the fourth quarter of 2004, primarily due to favorable timing of flows from the leach pads.

At Kori Kollo in Bolivia, additional material from the Kori Kollo pit was placed on the existing leach pad. Beginning in the third quarter of 2005, Kori Kollo also began processing ore from the Kori Chaca pit on a new leach pad. This resulted in a significant increase in ounces sold for the fourth quarter compared to the comparative period of 2004. Costs applicable to sales per ounce decreased significantly period to period, primarily as a result of the increased production.

At Zarafshan in Uzbekistan, gold ounces sold decreased 24% in the fourth quarter of 2005 from the fourth quarter of 2004, due to a 5% decrease in ore grade and lower production from leach pads. Costs applicable to sales per ounce increased 42% in the fourth quarter of 2005 from the fourth quarter of 2004, primarily as a result of the decrease in production and higher energy costs.

MERCHANT BANKING

Newmont Capital is responsible for the Company's merchant banking activities, which include management of the royalty, equity and asset portfolios, as well as in-house investment banking and advisory services. For the fourth quarter of 2005, royalty and dividend income was $23 million, 24% higher than the year ago quarter. For 2005, royalty and dividend income was $79 million, up approximately 20% over last year. At the end of 2005, the market value of the marketable equity securities portfolio was $940 million, an increase of $433 million from year-end 2004. Growth in the equity portfolio in 2005 resulted primarily from an 80% return on average invested capital.

During the fourth quarter of 2005, Newmont reached an agreement to purchase the remaining 15% interest in the Akyem project. The transaction closed on January 20, 2006. During the first quarter of 2006, Newmont reached an agreement to acquire an additional 22.22% interest in the Boddington project from Newcrest Mining Limited, increasing Newmont's ownership in the project to 66.67%, with AngloGold Ashanti owning the remaining 33.33%. Closing is expected by April 2006.

Environmental baseline studies and infill drilling are ongoing at Newmont's 100% owned Alberta oil sands project. A prefeasibility study estimated that 165 million barrels are economically recoverable via steam assisted gravity drainage wells with the potential for production of 25,000 barrels per day.

CAPITAL PROJECT DEVELOPMENT UPDATE

The Leeville underground project in Nevada is approximately 86% complete. The production shaft reached its final depth in November 2005. Dewatering has been successful and the groundwater level is now below the production shaft bottom. The remaining construction work primarily relates to construction of underground facilities. Production ramp up is scheduled to achieve 2,100 tons per day of mine output by the end of 2006.

At the Phoenix project in Nevada, construction is approximately 96% complete. Commissioning of the process plant began in January 2006. Initial gold production is expected by April 2006.

Construction of the 200 megawatt power plant in Nevada was approved by the Newmont Board of Directors in January 2006 after receipt of the final air permit. Project engineering is currently 50% complete. Construction has commenced and the estimated completion date is mid-2008.

At the Ahafo project in Ghana, engineering, procurement, camp and general infrastructure construction are essentially complete. The process plant, including the tailings storage facility and water storage facility, is approximately 76% complete, with overall project construction approximately 83% complete at the end of January 2006. Mining commenced January 9, 2006 and the project is on schedule to deliver first gold production in the second half of 2006.

The Akyem project in Ghana was approved by the Newmont Board of Directors in July 2005. An environmental impact statement was submitted to the Ghana Environmental Protection Agency in May 2005. Construction is expected to commence after approval of the environmental impact statement, with initial production expected in the second half of 2008.

EXPLORATION, ADVANCED PROJECTS, RESEARCH & DEVELOPMENT

Exploration expenditures were $43 million in the fourth quarter of 2005 compared with $31 million in the year ago quarter. Advanced projects, research and development expenditures were $26 million in the fourth quarter of 2005 compared with $21 million in the fourth quarter of 2004. For 2005, exploration expenditures were $147 million, with advanced projects, research and development expenditures totaling $73 million.

In the Conga district in Peru, infill drilling resulted in the conversion of non-reserve mineralization (NRM) to reserves at the Perol and Chailhuagon deposits. Assay results, as well as ongoing resource modeling and engineering, are advancing economic evaluations. Follow-up drilling at the Amaro prospect yielded encouraging results, adding NRM at year-end.

In the Ahafo district in Ghana, development drilling programs advanced the geologic understanding of the deposits in the north and south areas. Drilling of new exploration targets and extensions of known mineralization provided positive results throughout the year.

Drill programs in Nevada yielded positive results at the Carlin Trend and Phoenix, resulting in reserve and NRM additions totaling 2.5 million ounces for the year.

Development drilling at the Tanami, Jundee and Martha underground operations in Australia and New Zealand yielded conversion of NRM to reserves.

The Company also updated its equity gold reserve price sensitivity. As illustrated below, if calculated at gold prices of $425 and $450 per ounce, gold reserves would increase to approximately 99 million ounces and 104 million ounces, respectively, all other assumptions remaining constant. The full impact of higher gold prices on gold reserves remains constrained by limited drill data on the margins of known mineralization.

RESERVE SENSITIVITY

Gold Price ($/ounce) December 31, 2005 December 31, 2005

$375 86.3(1) -7.6%

$400 93.2(1) Reserve Price

$425 98.9(1) 6.0%

$450 103.7(1) 11.2%

(1) Excludes pro forma equity reserves added after December 31, 2005.

STATEMENTS OF CONSOLIDATED INCOME

Three Months Ended Years Ended

December 31, December 31,

2005 2004 2005 2004

(unaudited, in millions except per share)

Revenues

Sales - gold, net $1,138 $1,001 $3,734 $3,625

Sales - copper, net 167 197 672 786

1,305 1,198 4,406 4,411

Costs and expenses

Costs applicable to sales

(exclusive of depreciation,

depletion and amortization

shown separately below)

Gold 561 487 2,017 1,910

Copper 76 78 303 305

Depreciation, depletion and

amortization 171 162 644 662

Exploration 43 31 147 107

Advanced projects, research

and development 26 21 73 80

General and administrative 40 36 134 116

Write down of goodwill 41 52 41 52

Write down of long-lived assets 41 13 43 39

Other expense 52 (15) 111 33

1,051 865 3,513 3,304

Other income (expense)

Other income, net 92 52 269 102

Interest expense, net (22) (21) (98) (98)

70 31 171 4

Income from continuing

operations before income

tax expense, minority

interest and equity income

of affiliates 324 364 1,064 1,111

Income tax expense (120) (110) (314) (325)

Minority interest in income

of subsidiaries (132) (105) (380) (335)

Equity income of affiliates -- 1 4 2

Income from continuing

operations 72 150 374

453

(Loss) income from

discontinued operations (10) 40 (52) 37

Cumulative effect of a change

in accounting principle -- -- -- (47)

Net income $62 $190 $322 $443

Income per common share

Basic:

Income from continuing

operations $0.16 $0.34 $0.84 $1.02

(Loss) income from

discontinued operations (0.02) 0.09 (0.12) 0.09

Cumulative effect of a

change in accounting

principle -- -- -- (0.11)

Net income $0.14 $0.42 $0.72 $1.00

Basic weighted-average

common shares outstanding 446 443 446 443

Diluted weighted-average

common shares outstanding 449 447 449 447

Cash dividends declared per

common share $0.10 $0.10 $0.40 $0.30

CONSOLIDATED BALANCE SHEETS

At December 31,

2005 2004

(unaudited, in millions)

ASSETS

Cash and cash equivalents $1,082 $781

Marketable securities and other short-term

investments 817 943

Trade receivables 94 77

Accounts receivable 136 130

Inventories 320 244

Stockpiles and ore on leach pads 255 230

Other current assets 332 288

Current assets 3,036 2,693

Property, plant and mine development, net 5,645 5,136

Investments 955 386

Long-term stockpiles and ore on leach pads 603 525

Deferred income tax assets 517 494

Other long-term assets 283 264

Goodwill 2,879 2,994

Assets of operations held for sale 74 284

Total assets $13,992 $12,776

LIABILITIES

Current portion of long-term debt $196 $286

Accounts payable 232 222

Employee-related benefits 176 129

Derivative instruments 270 71

Other current liabilities 476 375

Current liabilities 1,350 1,083

Long-term debt 1,733 1,316

Reclamation and remediation liabilities 445 418

Deferred income tax liabilities 449 460

Employee-related benefits 273 244

Other long-term liabilities 414 487

Liabilities of operations held for sale 21 55

Total liabilities 4,685 4,063

Minority interest in subsidiaries 931 775

STOCKHOLDERS' EQUITY

Common stock 666 656

Additional paid-in capital 6,578 6,524

Accumulated other comprehensive income 378 147

Retained earnings 754 611

Total stockholders' equity 8,376 7,938

Total liabilities and

stockholders' equity $13,992 $12,776

STATEMENTS OF CONSOLIDATED CASH FLOWS

Three Months Ended Years Ended

December 31, December 31,

2005 2004 2005 2004

(unaudited, in millions)

Operating activities:

Net income $62 $190 $322 $443

Adjustments to reconcile net

income to net cash provided

from operating activities:

Depreciation, depletion and

amortization 171 162 644 662

Minority interest expense 132 105 380 335

Loss (income) from

discontinued operations 10 (40) 52 (37)

Revenue from prepaid

forward sales obligation -- -- (48) --

Accretion of accumulated

reclamation obligations 7 6 27 25

Amortization of deferred

stripping costs, net (6) (4) (56) 4

Deferred income taxes 22 16 (12) 74

Write-down of inventories,

stockpiles and ore on

leach pads 1 14 13 25

Write-down of long-lived

assets 41 13 43 39

Write-down of goodwill 41 52 41 52

Cumulative effect of

change in accounting

principle, net -- -- -- 47

(Gain) loss on

investments, net (27) -- (54) 39

Gain on guarantee of

QMC debt (9) (11) (9) (11)

(Gain) loss on asset

sales, net (12) 1 (48) (28)

Hedge loss, net 31 6 99 10

Other operating adjustments 55 (42) 56 (23)

Increase (Decrease) in

operating assets:

Trade and accounts

receivable (26) 63 (65) (6)

Inventories, stockpiles

and ore on leach pads (27) (25) (189) (15)

Other assets (30) 12 (32) (1)

Increase (Decrease) in

operating liabilities:

Accounts payable and other

accrued liabilities 77 84 137 (37)

Early settlement of

derivative instruments

classified as cash

flow hedges -- -- -- --

Reclamation liabilities (24) (15) (48) (48)

Net cash provided from

continuing operations 489 587 1,253 1,549

Net cash (used in) provided

from discontinued operations (7) (2) (10) 8

Net cash from operations 482 585 1,243 1,557

Investing activities:

Additions to property, plant

and mine development (340) (189) (1,226) (683)

Additions to property, plant

and mine development of

discontinued operations -- (9) (25) (35)

Investments in marketable

debt and equity securities (771) (380) (3,301) (1,720)

Proceeds from sale of

marketable debt and

equity securities 796 219 3,358 899

Proceeds from sale of

discontinued operations 5 -- 147 --

Cash recorded upon

consolidation of Batu Hijau -- -- -- 82

Proceeds from sale of assets 18 28 79 51

Other investing (10) (28) (9) (26)

Net cash used in investing

activities (302) (359) (977) (1,432)

Financing activities:

Proceeds from debt, net -- -- 583 56

Repayments of debt (76) (95) (218) (254)

Dividends paid to common

stockholders (45) (44) (179) (133)

Dividends paid to minority

interests (101) (143) (186) (237)

Proceeds from stock issuance 26 45 43 78

Change in restricted cash

and other 3 (3) (5) 15

Net cash provided from (used in)

financing activities (193) (240) 38 (475)

Effect of exchange rate changes

on cash -- 5 (3) 2

Net change in cash and cash

equivalents (13) (9) 301 (348)

Cash and cash equivalents at

beginning of year 1,095 790 781 1,129

Cash and cash equivalents at

end of year $1,082 $781 $1,082 $781

2006 GUIDANCE

Consolidated

Consolidated Costs

Equity Sales Sales Applicable to

Gold (000 ounces) (000 ounces) Sales ($/oz)

Nevada(1) 2,410 2,585 $380

Yanacocha 1,330 2,585 $185

Batu Hijau 305 575 $155

Pajingo 195 195 $275

Jundee 335 335 $335

Tanami 435 435 $330

Kalgoorlie 430 430 $395

Martha 130 130 $265

Ahafo(1) 260 260 $225

Holloway(2) 75 75 $455

Golden Giant 15 15 $520

La Herradura 85 85 $210

Kori Kollo 110 125 $220

Zarafshan 145 145 $260

TOTAL GOLD 6,260 7,980 $283

Consolidated

Consolidated Costs

Equity Sales Sales Applicable to

Copper (million lbs) (million lbs) Sales ($/lb)

Batu Hijau 300 565 $0.45

Consolidated Financial Guidance ($ in million, except tax rate)

Royalty and dividend income $60-$75

Depreciation, depletion & amortization $700-$750

Exploration $150-$160

Advanced projects, research and development $40 - $45

General and administrative $150-$160

Interest expense, net $95-$105

Tax rate (assuming $525/oz gold) 30%-34%

Capital expenditures(3) $1,350 - $1,500

(1) The Company will account for incidental sales during the start-up

phase at Leeville, Phoenix and Ahafo in Other income net of related

incremental costs of production.

(2) The Company accounts for Holloway as a discontinued operation.

(3) Excludes approximately $47 million related to the acquisition of the

additional 22.2% interest in Boddington.

COMPARISON OF EQUITY GOLD SALES OUNCES AND

CONSOLIDATED GOLD SALES OUNCES

Q4 2005 Q4 2004

Equity Consoli- Equity Consoli-

Sales dated Sales dated

Geographic Region (000 ozs)(1) Sales (000 ozs)(1) Sales

(000 oz) (000 oz)

Operations Ownership

Nevada 100.00% 606.2 651.9 668.2 702.7

Yanacocha 51.35% 545.8 1,062.9 436.0 849.1

Batu Hijau 52.88% 95.7 180.9 94.6 178.9

Australia/

New Zealand

Pajingo 100.00% 51.0 51.0 69.4 69.4

Yandal 100.00% 92.9 92.9 88.3 88.3

Tanami 100.00% 108.2 108.2 152.2 152.2

Kalgoorlie 50.00% 109.4 109.4 123.1 123.1

Martha 100.00% 35.5 35.5 40.2 40.2

Other

Golden Giant 100.00% 46.0 46.0 41.6 41.6

Holloway 84.65% 16.0 -- 19.0 --

La Herradura 44.00% 19.0 19.0 17.4 17.4

Kori Kollo 88.00% 43.5 49.4 4.9 5.6

Zarafshan 50.00% 29.6 29.6 39.2 39.2

Newmont 1,798.8 2,436.7 1,794.1 2,307.7

(1) Includes sales from Holloway, which is accounted for as a

discontinued operation.

2005 2004

Equity Consoli- Equity Consoli-

Sales dated Sales dated

Geographic Region (000 ozs)(1) Sales (000 ozs)(1) Sales

(000 oz) (000 oz)

Operations Ownership

Nevada 100.00% 2,287.2 2,444.1 2,416.0 2,538.0

Yanacocha 51.35% 1,708.7 3,327.5 1,561.0 3,039.9

Batu Hijau 52.88% 381.0 720.5 396.3 715.2

Australia/

New Zealand

Pajingo 100.00% 192.0 192.0 251.4 251.4

Yandal 100.00% 341.8 341.8 379.3 379.3

Tanami 100.00% 493.7 493.7 658.0 658.0

Kalgoorlie 50.00% 409.6 409.6 468.4 468.4

Martha 100.00% 163.4 163.4 130.5 130.5

Other

Golden Giant 100.00% 162.0 162.0 160.0 160.0

Holloway 84.65% 67.8 -- 67.4 --

La Herradura 44.00% 80.2 80.2 68.8 68.8

Kori Kollo 88.00% 83.2 94.5 21.7 24.6

Minahasa 94.00% -- -- 70.2 74.7

Zarafshan 50.00% 122.7 122.7 210.1 210.1

Ovacik 100.00% -- -- 110.0 110.0

Newmont 6,493.3 8,552.0 6,969.1 8,828.9

(1) Includes sales from Holloway, which is accounted for as a

discontinued operation.

SUPPLEMENTAL INFORMATION

PROVEN AND PROBABLE GOLD RESERVES

Equity Proven, Probable, and Combined Gold Reserves(1)

December 31, 2005

Deposits/Districts

by Reporting Unit Gold Proven Reserves

Newmont

Share Tonnage Grade Ounces

(000 tons) (oz/ton) (000 ozs)

Nevada

Carlin Open Pit(2) 100% 21,000 0.072 1,520

Twin Creeks 100% 14,800 0.081 1,200

Lone Tree Complex(3) 100% 800 0.096 70

Phoenix(4) 100% 0 0

Carlin Underground(5) 100% 1,700 0.53 900

Midas(6) 100% 600 0.67 430

Turquoise Ridge(7) 25% 1,100 0.56 620

Nevada Stockpiles(8) 100% 22,600 0.089 2,010

Nevada In-Process(9) 100% 46,800 0.021 1,000

TOTAL NEVADA 109,400 0.071 7,750

Yanacocha, Peru

Yanacocha Open Pits(10) 51.35% 30,900 0.024 740

Yanacocha In-Process(9) 51.35% 34,700 0.028 970

Conga(11) 51.35% 0 0

TOTAL YANACOCHA 65,600 0.026 1,710

Australia/New Zealand

Boddington, Western

Australia(12) 44.44% 60,600 0.029 1,780

Golden Grove, Western

Australia(13) 100% 0 0

Kalgoorlie Open Pits and

Underground 50% 32,900 0.060 1,980

Kalgoorlie Stockpiles(8) 50% 12,600 0.033 420

Total Kalgoorlie, Western

Australia(14) 50% 45,500 0.053 2,400

Pajingo, Queensland 100% 400 0.41 150

Tanami Underground and

Open Pits 100% 5,400 0.17 890

Tanami Stockpiles(8) 100% 400 0.074 30

Total Tanami, Northern

Territory 100% 5,800 0.16 920

Jundee, Western Australia 100% 2,900 0.060 170

Martha, New Zealand(15) 100% 0 0

TOTAL AUSTRALIA/NEW ZEALAND 115,200 0.047 5,420

Batu Hijau, Indonesia

Batu Hijau Open

Pit(16) 52.875% 147,600 0.012 1,770

Batu Hijau

Stockpiles(8)(16) 52.875% 0 0

TOTAL BATU HIJAU 147,600 0.012 1,770

Ghana

Akyem(17) 85% 0 0

Ahafo(18) 100% 0 0

TOTAL GHANA 0 0

Other Operations

Golden Giant, Ontario(19) 100% 0 0

Holloway, Ontario(20) 100% 50 0.17 10

La Herradura, Mexico 44% 18,100 0.021 380

Kori Kollo, Bolivia 88% 12,600 0.010 120

Ovacik, Turkey(21) 100% 0 0

Zarafshan, Uzbekistan(22) 50% 46,700 0.036 1,690

TOTAL OTHER OPERATIONS 77,450 0.028 2,200

TOTAL 515,250 0.037 18,850

Equity Proven, Probable, and Combined Gold Reserves(1)

December 31, 2005

Deposits/Districts

by Reporting Unit Gold Probable Reserves

Tonnage Grade Ounces

(000 tons) (oz/ton) (000 ozs)

Nevada

Carlin Open Pit(2) 217,300 0.041 8,810

Twin Creeks 46,400 0.072 3,320

Lone Tree Complex(3) 3,200 0.076 250

Phoenix(4) 308,400 0.029 8,950

Carlin Underground(5) 6,000 0.47 2,850

Midas(6) 900 0.52 470

Turquoise Ridge(7) 800 0.57 480

Nevada Stockpiles(8) 4,800 0.053 250

Nevada In-Process(9) 2,100 0.067 140

TOTAL NEVADA 589,900 0.043 25,520

Yanacocha, Peru

Yanacocha Open Pits(10) 263,600 0.034 8,960

Yanacocha In-Process(9) 0 0

Conga(11) 317,200 0.019 6,080

TOTAL YANACOCHA 580,800 0.026 15,040

Australia/New Zealand

Boddington, Western Australia(12) 136,800 0.025 3,380

Golden Grove, Western

Australia(13) 0 0

Kalgoorlie Open Pits and

Underground 39,400 0.063 2,500

Kalgoorlie Stockpiles(8) 0 0

Total Kalgoorlie, Western

Australia(14) 39,400 0.063 2,500

Pajingo, Queensland 1,200 0.25 300

Tanami Underground and Open Pits 8,100 0.16 1,330

Tanami Stockpiles(8) 2,200 0.037 80

Total Tanami, Northern Territory 10,300 0.14 1,410

Jundee, Western Australia 3,700 0.36 1,360

Martha, New Zealand(15) 3,500 0.16 570

TOTAL AUSTRALIA/NEW ZEALAND 194,900 0.049 9,520

Batu Hijau, Indonesia

Batu Hijau Open Pit(16) 446,500 0.010 4,540

Batu Hijau Stockpiles(8)(16) 103,900 0.003 340

TOTAL BATU HIJAU 550,400 0.009 4,880

Ghana

Akyem(17) 125,100 0.052 6,510

Ahafo(18) 156,900 0.078 12,190

TOTAL GHANA 282,000 0.066 18,700

Other Operations

Golden Giant, Ontario(19) 0 0

Holloway, Ontario(20) 100 0.20 20

La Herradura, Mexico 16,800 0.023 390

Kori Kollo, Bolivia 16,200 0.019 320

Ovacik, Turkey(21) 0 0

Zarafshan, Uzbekistan(22) 0 0

TOTAL OTHER OPERATIONS 33,100 0.022 730

TOTAL 2,231,100 0.033 74,390

Equity Proven, Probable, and Combined Gold Reserves(1)

December 31, 2005

Deposits/Districts Gold Proven + Probable Reserves

by Reporting Unit Metal-

Tonnage Grade Ounces lurgical

(000 tons) (oz/ton) (000 ozs) Recovery

Nevada

Carlin Open Pit(2) 238,300 0.043 10,330 72%

Twin Creeks 61,200 0.074 4,520 82%

Lone Tree Complex(3) 4,000 0.080 320 80%

Phoenix(4) 308,400 0.029 8,950 81%

Carlin Underground(5) 7,700 0.49 3,750 94%

Midas(6) 1,500 0.58 900 95%

Turquoise Ridge(7) 1,900 0.56 1,100 90%

Nevada Stockpiles(8) 27,400 0.083 2,260 80%

Nevada In-Process(9) 48,900 0.023 1,140 65%

TOTAL NEVADA 699,300 0.048 33,270 80%

Yanacocha, Peru

Yanacocha Open Pits(10) 294,500 0.033 9,700 69%

Yanacocha In-Process(9) 34,700 0.028 970 70%

Conga(11) 317,200 0.019 6,080 79%

TOTAL YANACOCHA 646,400 0.026 16,750 73%

Australia/New Zealand

Boddington, Western

Australia(12) 197,400 0.026 5,160 82%

Golden Grove, Western

Australia(13) 0 0

Kalgoorlie Open Pits and

Underground 72,300 0.062 4,480 88%

Kalgoorlie Stockpiles(8) 12,600 0.033 420 88%

Total Kalgoorlie, Western

Australia (14) 84,900 0.058 4,900 88%

Pajingo, Queensland 1,600 0.29 450 97%

Tanami Underground and Open Pits 13,500 0.16 2,220 95%

Tanami Stockpiles(8) 2,600 0.043 110 95%

Total Tanami, Northern Territory 16,100 0.15 2,330 95%

Jundee, Western Australia 6,600 0.23 1,530 93%

Martha, New Zealand 15) 3,500 0.16 570 91%

TOTAL AUSTRALIA/NEW ZEALAND 310,100 0.048 14,940 88%

Batu Hijau, Indonesia

Batu Hijau Open Pit(16) 594,100 0.011 6,310 80%

Batu Hijau Stockpiles(8)(16) 103,900 0.003 340 69%

TOTAL BATU HIJAU 698,000 0.010 6,650 80%

Ghana

Akyem(17) 125,100 0.052 6,510 89%

Ahafo(18) 156,900 0.078 12,190 88%

TOTAL GHANA 282,000 0.066 18,700 88%

Other Operations

Golden Giant, Ontario(19) 0 0

Holloway, Ontario(20) 150 0.19 30 90%

La Herradura, Mexico 34,900 0.022 770 66%

Kori Kollo, Bolivia 28,800 0.015 440 63%

Ovacik, Turkey(21) 0 0

Zarafshan, Uzbekistan(22) 46,700 0.036 1,690 56%

TOTAL OTHER OPERATIONS 110,550 0.027 2,930 60%

TOTAL 2,746,350 0.034 93,240 81%

Equity Proven, Probable, and Combined Gold Reserves (1)

December 31, 2004

Deposits/Districts

by Reporting Unit Gold Proven + Probable Reserves

Tonnage Grade Ounces

(000 tons) (oz/ton) (000 ozs)

Nevada

Carlin Open Pit(2) 201,600 0.047 9,420

Twin Creeks 61,800 0.075 4,660

Lone Tree Complex(3) 14,000 0.063 880

Phoenix(4) 248,000 0.034 8,470

Carlin Underground(5) 8,700 0.51 4,410

Midas(6) 2,900 0.51 1,450

Turquoise Ridge(7) 1,700 0.61 1,050

Nevada Stockpiles(8) 30,300 0.086 2,610

Nevada In-Process(9) 47,000 0.022 1,020

TOTAL NEVADA 616,000 0.055 33,970

Yanacocha, Peru

Yanacocha Open Pits(10) 348,200 0.032 11,270

Yanacocha In-Process(9) 29,000 0.028 820

Conga(11) 190,500 0.023 4,470

TOTAL YANACOCHA 567,700 0.029 16,560

Australia/New Zealand

Boddington, Western Australia(12) 190,900 0.025 4,850

Golden Grove, Western Australia(13) 4,500 0.045 200

Kalgoorlie Open Pits and Underground 75,400 0.063 4,750

Kalgoorlie Stockpiles(8) 12,400 0.035 430

Total Kalgoorlie, Western

Australia(14) 87,800 0.059 5,180

Pajingo, Queensland 1,900 0.34 650

Tanami Underground and Open Pits 12,100 0.16 1,950

Tanami Stockpiles(8) 4,100 0.048 200

Total Tanami, Northern Territory 16,200 0.13 2,150

Jundee, Western Australia 8,400 0.17 1,410

Martha, New Zealand(15) 4,400 0.15 670

TOTAL AUSTRALIA/NEW ZEALAND 314,100 0.048 15,110

Batu Hijau, Indonesia

Batu Hijau Open Pit(16) 588,700 0.012 6,910

Batu Hijau Stockpiles(8)(16) 86,400 0.004 300

TOTAL BATU HIJAU 675,100 0.011 7,210

Ghana

Akyem(17) 109,400 0.049 5,410

Ahafo(18) 156,900 0.068 10,630

TOTAL GHANA 266,300 0.060 16,040

Other Operations

Golden Giant, Ontario(19) 500 0.31 160

Holloway, Ontario(20) 1,400 0.18 260

La Herradura, Mexico 22,300 0.027 610

Kori Kollo, Bolivia 22,500 0.021 470

Ovacik, Turkey(21) 400 0.25 100

Zarafshan, Uzbekistan(22) 53,800 0.037 1,940

TOTAL OTHER OPERATIONS 100,900 0.035 3,540

TOTAL 2,540,100 0.036 92,430

(1) Reserves are calculated at a gold price of US$400, A$550, or NZ$650

per ounce unless otherwise noted. 2004 reserves were calculated at a

gold price of US$350, A$550, or NZ$650 per ounce unless otherwise

noted. Tonnage amounts have been rounded to the nearest 100,000

unless they are less than 50,000, and gold ounces have been rounded

to the nearest 10,000.

(2) Includes undeveloped reserves at Castle Reef, North Lantern and

Emigrant deposits for combined total undeveloped reserves of 1.75

million ounces.

(3) The Lone Tree deposit will be mined out in August 2006 based on the

current mine plan. Processing of stockpiles and residual leaching

will continue after the open pit operation is closed.

(4) Deposit is partially developed. Construction of facilities began in

November 2004, and production is expected in 2006.

(5) Includes partially developed reserves at Leeville, which contains

total reserves of 2.43 million ounces. Production is expected in

2006.

(6) Also contains reserves of 11 million ounces of silver with a

metallurgical recovery of 90%.

(7) Reserve estimates provided by Placer Dome, the operator of the

Turquoise Ridge Joint Venture.

(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.

Stockpile reserves are reported separately where tonnage or contained

ounces are greater than 5% of the total site-reported reserves and

contained ounces are greater than 100,000.

(9) In-process material is the material on leach pads at the end of each

year from which gold remains to be recovered. In-process material

reserves are reported separately where tonnage or contained ounces

are greater than 5% of the total site-reported reserves and contained

ounces are greater than 100,000.

(10) Reserves include currently undeveloped deposits at Corimayo and

Chaquicocha Sur, which contain combined undeveloped reserves of

3.0 million equity ounces.

(11) Deposits are currently undeveloped.

(12) Deposit is currently undeveloped. Newmont announced the acquisition

of an additional 22.22% equity interest on February 12, 2006, which

will increase Newmont's equity ownership to 66.67%.

(13) Golden Grove was sold in June 2005.

(14) Reserves based on a gold price of A$560 per ounce.

(15) Includes partially developed reserves of 350,000 ounces at the Favona

deposit.

(16) Percentage reflects Newmont's economic interest in the remaining

reserves.

(17) Deposit is undeveloped. Newmont acquired the remaining 15% interest

in January 2006, bringing Newmont's equity interest to 100%.

(18) Deposits are partially developed. Includes undeveloped reserves

totaling 5.51 million ounces. Construction of facilities began in

November 2004, and production is expected in 2006.

(19) Reserves were depleted by mining in December 2005. The mine is in

closure.

(20) Newmont's equity interest increased to 100% in 2005 from 93.87% in

2004 because our joint venture partner elected not to participate in

the work program as of September 30, 2005; as a result, its equity

interest converted into a net profits interest. Property includes

partially developed reserves of 15,000 ounces at the Blacktop

deposit.

(21) Ovacik was sold in March 2005.

(22) Reserves are comprised primarily of stockpile material contractually

designated for processing by Zarafshan-Newmont. Tonnage and gold

content of material available to Zarafshan-Newmont for processing

from the designated stockpiles are guaranteed by the state entities

of Uzbekistan. Subsequent to December 31, 2005, and pursuant to an

agreement with the state entities, the state entities re-designated

the stockpile material available to Zarafshan-Newmont, which will

reduce 2006 reserves by approximately 190,000 ounces.

For further information: Investors, Randy Engel, +1-303-837-6033, randy.engel@newmont.com, or John Gaensbauer, +1-303-837-5153, john.gaensbauer@newmont.com, or Jennifer Van Dinter, +1-303-837-5165, jennifer.vandinter@newmont.com, or Media, Deb Witmer, +1-303-837-5308, deb.witmer@newmont.com, or Heatheryn Higgins, +1-303-837-5248, heatheryn.higgins@newmont.com, or Maureen Upton, +1-303-837-5281, maureen.upton@newmont.com, all of Newmont Mining Corporation /FIRST AND FINAL ADD -- TABLES AND CONFERENCE CALL INFORMATION -- TO FOLLOW /Web site: http://www.newmont.com

Source: newswire