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Newmont Announces Two New Board Members

Mining Corporation
(NYSE: NEM) (“Newmont” or “the Company”)
announced the election of Greg Boyce and Julio Quintana to its Board of

Greg Boyce brings extensive operations and global mining experience to
Newmont’s Board. He is currently Executive Chairman of Peabody Energy,
where he served as Chief Executive Officer from 2006 to 2015 and as
Chief Operating Officer from 2003 to 2006. Mr. Boyce’s other leadership
roles included Chief Executive Officer, Energy for Rio Tinto; President
and Chief Executive Officer of Kennecott Energy Company; and President
of Kennecott Minerals Company. Mr. Boyce holds a Bachelor of Science
degree in mining engineering from the University of Arizona and an
Advanced Management Program degree from Harvard University’s Graduate
School of Business. He is Chairman of the Coal Industry Advisory Board
of the International Energy Agency and former Chairman of the National
Mining Association. Mr. Boyce serves on the Board of Directors of the
US-China Business Council, and is a member of The Business Council,
Business Roundtable and the National Coal Council. He is also a member
of the Marathon Oil Corporation and Monsanto Company Boards.

Julio Quintana’s extensive operations and exploration experience
includes several senior executive roles with multinational drilling and
exploration companies. He served as President and Chief Executive
Officer of Tesco Corporation – an oilfields drilling, technology and
services company – from 2005 to 2014, and was Tesco’s Chief Operating
Officer from 2004 to 2005. Mr. Quintana’s other leadership roles include
Vice President of Integrated Project Management, Vice President of
Exploitation, and Vice President of Marketing for Schlumberger
Technology Corporation. He began his career at Unocal Corporation, a
global petroleum exploration company, where he spent nearly 20 years
working in engineering and leadership roles. Mr. Quintana holds a
Bachelor of Science degree in mechanical engineering from the University
of Southern California, Los Angeles. He currently serves on the Board of
SM Energy and is a former member of the Tesco Board.

“We are honored to welcome Greg and Julio to our Board as valued
advisors and acknowledged extractive industry leaders. Their experience
will build on the deep and diverse expertise of our current Board of
Directors, and I look forward to working with them to deliver our
strategy to lead the gold sector in value creation,” said Gary Goldberg,
President and Chief Executive Officer.

About Newmont

Newmont is a leading gold and copper producer. The Company employs
approximately 27,000 employees and contractors, with the majority
working at managed operations in the United States, Australia, Ghana,
Peru, Indonesia and Suriname. Newmont is the only gold producer listed
in the S&P 500 index and in 2007 became the first named to the Dow Jones
Sustainability World Index. The Company is an industry leader in value
creation, supported by its leading technical, environmental, social and
safety performance. Newmont was founded in 1921 and has been publicly
traded since 1925.

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Source: Newmont Mining Corporation

Newmont Mining Corporation
Omar Jabara, 303.837.5114
Meredith Bandy, 303-837-5143