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Newmont Reports 2016 Reserves and Resources

DENVER–(BUSINESS WIRE)–Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) reported gold reserves of 68.5 million ounces for 2016 compared to 71.1 million ounces for 2015. The Company added 4.1 million ounces of gold reserves through exploration. Notable additions for the year include 1.4 million ounces at Tanami, 0.6 million ounces at Merian, 0.4 million ounces at Carlin underground and 0.4 million ounces at KCGM (Newmont’s 50 percent share). Overall gold reserve grades rose from