1

2008 Financial Overview 2008 Financial Overview

Russell Ball, Senior Vice President and Chief Financial Officer

2February 8, 2008

2007 Equity Gold Sales

Company’s Equity Gold Sales2007A: 5.3 million ounces2007F: 5.2 – 5.6 million ounces

(1) Includes sales from discontinued operations for Pajingo in 2007

2,34

1

803

1,32

4

446 174

233 15

5 - 1

90

410

- 450

230

- 250

1,27

5 - 1

,325

775

- 825

2,35

0 - 2

,550

0

500

1,000

1,500

2,000

2,500

3,000

3,500

Nevada Yanacocha Australia/NZ Batu Hijau Ahafo Other

000

ozs

2007 Actual 2007 Outlook at Beginning of Year

(1)

3February 8, 2008

2007 CAS ($/oz)$4

44

$345

$243

$396

$332

$496

$305

- $3

25

$460

- $5

00

$225

- $2

40

$445

- $4

70

$340

- $3

60

$375

- $4

00

$0

$200

$400

$600

$800

Nevada Yanacocha Australia/NZ Batu Hijau Ahafo Other

CA

S ($

/oz)

2007 Actual 2007 Outlook at Beginning of Year

CAS ($/oz)2007A: $406 2007F: $375 - $400

4February 8, 2008

2007 CAPEX

$588

$253

$134

$597

$74

$560

- $6

30

$310

- $3

40

$580

- $6

45

$140

- $1

50

$180

- $2

00

$0

$200

$400

$600

$800

$1,000

Nevada Yanacocha Australia/NZ Batu Hijau Ahafo

CA

PEX

($ m

illio

n)

2007 Actual 2007 Outlook at Beginning of the Year

CAPEX (in billions)2007A: $1.72007F: $1.8 – $2.0

5February 8, 2008

190 – 205Other

1,060 – 1,120Australia/New Zealand

885 – 925Yanacocha

2,270 – 2,400Nevada

495 – 530Ahafo

5,100 – 5,400Total Equity Gold Sales (000 ozs)

150 – 165

2008F

Batu Hijau

Equity Gold Sales (000 ozs)

155 – 165Total Equity Copper Sales (million lbs)

155 – 165

2008F

Batu Hijau

Equity Copper Sales (million lbs)

2008 Equity Sales Outlook

6February 8, 2008

$340 - $360Other

$585 - $625Australia/New Zealand

$370 - $390Yanacocha

$400 - $430Nevada

$485 - $520Ahafo

$425 - $450Gold CAS ($/oz)

$285 - $325

2008F

Batu Hijau

Gold CAS ($/oz)

$1.30 - $1.40Copper CAS ($/lbs)

$1.30 - $1.40

2008F

Batu Hijau

Copper CAS ($/lbs)

2008 CAS Outlook ($/oz)

7February 8, 2008

$150 - $155Ahafo

$145 - $195Batu Hijau

$1,800 - $2,000Consolidated CAPEX ($ million)

$800 - $850Australia/New Zealand

$250 - $290Yanacocha

$350 - $400Nevada

$1,600 - $1,800Equity CAPEX

~$30

2008F

Hope Bay

Consolidated CAPEX ($/million)

$75 - $85Power Plant, Nevada

$35 - $40Gold Mill, Yanacocha

$625 - $675

2008F

Boddington, Australia

Major Project ($/million)

2008 CAPEX Outlook

8February 8, 2008

2008 Equity Sales Outlook

5,321

4,700

4,900

5,100

5,300

5,500

5,700

2007 Actual 2008 Outlook

Equi

ty G

old

Sale

s (0

00 o

zs)

5,100 - 5,400

Yana

coch

a

Afri

ca

Oth

er O

pera

tions

Nev

ada

Indo

nesi

a

Aus

tralia

/NZ

~ 100~ 70 ~ 20 ~ (30) ~ (70)

~ (240)

9February 8, 2008

2008 CAS Outlook ($/oz)

$406

$300

$320

$340

$360

$380

$400

$420

$440

$460

$480

2007 Actual 2008 Outlook

Cos

ts A

pplic

able

to S

ales

per

Oun

ce ~ $20

~ $10

~ ($20) $425-$450Pa

rts

and

Supp

lies

Labo

r Die

sel

Con

sum

able

s

Elec

tric

ity

Prod

uctio

n

Con

trac

t Ser

vice

s

Oth

er

~ $5 ~ ($5) ~ ($5)

~ $30

~ ($5)

10February 8, 2008

Batu Hijau Divestiture UpdateLocation

11February 8, 2008

Batu Hijau Divestiture UpdateOwnership Structure

Current Ownership & Structure

PT Pukuafu Indah (PTPI)Indonesia

Nusa Tenggara Mining Corp, JapanSumitomo Corp – 74.3%

Sumitomo Metal & Mining Co., Ltd – 14.3%Mitsubishi Materials Corp – 7.1%

Furukawa Co Ltd – 4.3% Newmont Indonesia Ltd. Delaware

Newmont Mining Corporation Delaware

80%

56.25%

20%

43.75%

100%

Nusa Tenggara Partnership, Netherlands (“NTP”)

Current Ownership & StructureCurrent Ownership & Structure

PT Pukuafu Indah (PTPI)Indonesia

Nusa Tenggara Mining Corp, JapanSumitomo Corp – 74.3%

Sumitomo Metal & Mining Co., Ltd – 14.3%Mitsubishi Materials Corp – 7.1%

Furukawa Co Ltd – 4.3% Newmont Indonesia Ltd. Delaware

Newmont Mining Corporation Delaware

80%

56.25%

20%

43.75%

100%

Nusa Tenggara Partnership, Netherlands (“NTP”)

Divestment Obligations

Existing Divestiture Schedule

CoW requirement

to offer to Indonesians

Existing Indonesian

Interest (PTPI)

Required Shares to be Offered by

NTP Potential

NTP InterestMarch 31, 2005 15% 20% 0% 80% March 31, 2006 23% 20% 3% 77% March 31, 2007 30% 20% 10% 70% March 31, 2008 37% 20% 17% 63% March 31, 2009 44% 20% 24% 56% March 31, 2010 51% 20% 31% 49%

Divestment Obligations

Existing Divestiture Schedule

CoW requirement

to offer to Indonesians

Existing Indonesian

Interest (PTPI)

Required Shares to be Offered by

NTP Potential

NTP InterestMarch 31, 2005 15% 20% 0% 80% March 31, 2006 23% 20% 3% 77% March 31, 2007 30% 20% 10% 70% March 31, 2008 37% 20% 17% 63% March 31, 2009 44% 20% 24% 56% March 31, 2010 51% 20% 31% 49%

12February 8, 2008

Batu Hijau Divestiture Update

ValuationContract of Work

“…then current replacement cost…”“…would be accepted for listing on Jakarta stock exchange…”“… fair valuation… as a going concern… agreed with Government …”

2006 Valuation $3.64 billion (100%)$109 million (for 3% required divestiture)

2007 Valuation $4.03 billion (100%)$282 million (for 7% required divestiture)

2008 Valuation (further 7% divestiture)Required as of 12/31/07Offered to Indonesian Government by March 31, 2008

13

Questions & Answers Questions & Answers