SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
February 27, 2006
Newmont Mining Corporation
(Exact name of registrant as specified in its charter)
Delaware
(State or Other Jurisdiction of Incorporation)
001-31240
(Commission File Number)
84-1611629
(I.R.S. Employer Identification No.)
1700 Lincoln Street, Denver, Colorado 80203
(Address of principal executive offices) (zip code)
(303) 863-7414
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
¨	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)	
 
¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)	
 
¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))	
 
¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))	
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)

ITEM 2.02.  	RESULTS OF OPERATIONS AND FINANCIAL CONDITION	
On February 27, 2006, Newmont Mining Corporation, a Delaware corporation, issued a news release reporting its financial results for the quarter ended and year ended December 31, 2005. A copy of the news release is furnished as Exhibit 99.1 to this report.
 
ITEM 9.01.  	FINANCIAL STATEMENTS AND EXHIBITS	
 
(d)	Exhibits	

Exhibit Number	  	Description of Exhibit	
99.1	  	News Release dated February 27, 2006	
 
2

SIGNATURE
Pursuant to the requirements of the Securities and Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		
By:	 	/s/ Sharon E. Thomas	
Name:	 	Sharon E. Thomas	
Title:	 	Vice President and Secretary	
Dated: February 27, 2006
 
3

EXHIBIT INDEX

Exhibit Number	  	Description of Exhibit	
99.1	  	News Release dated February 27, 2006	
 
4
 
Exhibit 99.1

News Release Fourth Quarter and 2005 Results
2005 INCOME FROM CONTINUING OPERATIONS OF $374 MILLION ($0.84 PER SHARE); RECORD EQUITY GOLD RESERVES OF 93.2 MILLION OUNCES AT YEAR-END
DENVER, February 27, 2006 – 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.	
			
NEWMONT – FOURTH QUARTER 2005 RESULTS (FEBRUARY 27, 2006)	  	Page 1 of 1	

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.	

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.	
			
NEWMONT – FOURTH QUARTER 2005 RESULTS (FEBRUARY 27, 2006)	  	Page 2 of 2	

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.	
			
NEWMONT – FOURTH QUARTER 2005 RESULTS (FEBRUARY 27, 2006)	  	Page 3 of 3	

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
			
NEWMONT – FOURTH QUARTER 2005 RESULTS (FEBRUARY 27, 2006)	  	Page 4 of 4	

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
			
NEWMONT – FOURTH QUARTER 2005 RESULTS (FEBRUARY 27, 2006)	  	Page 5 of 5	

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.
			
NEWMONT – FOURTH QUARTER 2005 RESULTS (FEBRUARY 27, 2006)	  	Page 6 of 6	

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.
			
NEWMONT – FOURTH QUARTER 2005 RESULTS (FEBRUARY 27, 2006)	  	Page 7 of 7	

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.

(1) 	Excludes pro forma equity reserves added after December 31, 2005.	
			
NEWMONT – FOURTH QUARTER 2005 RESULTS (FEBRUARY 27, 2006)	  	Page 8 of 8	

STATEMENTS OF CONSOLIDATED INCOME

 	  	Three Months Ended
December 31,	 	 	Years Ended
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	 	
			
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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	

NEWMONT – FOURTH QUARTER 2005 RESULTS (FEBRUARY 27, 2006)	  	Page 10 of 10	

STATEMENTS OF CONSOLIDATED CASH FLOWS

 	  	Three Months Ended
December 31,	 	 	Years Ended
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	 	

NEWMONT – FOURTH QUARTER 2005 RESULTS (FEBRUARY 27, 2006)	  	Page 11 of 11	

2006 GUIDANCE

Gold	  	Equity Sales
(000 ounces)	  	Consolidated
Sales (000
ounces)	  	Consolidated Costs
Applicable to 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	
				
Copper	  	Equity Sales
(million lbs)	  	Consolidated
Sales
(million lbs)	  	Consolidated
Costs Applicable to
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.	

NEWMONT – FOURTH QUARTER 2005 RESULTS (FEBRUARY 27, 2006)	  	Page 12 of 12	

COMPARISON OF EQUITY GOLD SALES OUNCES AND CONSOLIDATED GOLD SALES OUNCES

 	  	 	 	 	Q4 2005	  	Q4 2004	
Geographic Region	  			 	Equity Sales
(000 ozs) 1	  	Consolidated
Sales (000 oz)	  	Equity Sales
(000 ozs) 1	  	Consolidated
Sales (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	
Geographic Region	  			 	Equity Sales
(000 ozs) 1	  	Consolidated
Sales (000 oz)	  	Equity Sales
(000 ozs) 1	  	Consolidated
Sales (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.	

NEWMONT – FOURTH QUARTER 2005 RESULTS (FEBRUARY 27, 2006)	  	Page 13 of 13	

SUPPLEMENTAL INFORMATION
PROVEN AND PROBABLE GOLD RESERVES
Equity Proven, Probable, and Combined Gold Reserves (1) 

 	  	 	 	 	December 31, 2005	 	 	December 31, 2004	
Deposits/Districts by Reporting Unit	  	Newmont
Share	 	 	Gold Proven Reserves	  	Gold Probable Reserves	  	Gold Proven + Probable Reserves	  	Metallurgical
Recovery	 	 	Gold Proven + Probable
Reserves	
	  			 	Tonnage
(000 tons)	  	Grade
(oz/ton)	  	Ounces
(000 ozs)	  	Tonnage
(000 tons)	  	Grade
(oz/ton)	  	Ounces
(000 ozs)	  	Tonnage
(000 tons)	  	Grade
(oz/ton)	  	Ounces
(000 ozs)	  			 	Tonnage
(000 tons)	  	Grade
(oz/ton)	  	Ounces
(000
ozs)	
Nevada	  			 		  		  		  		  		  		  		  		  		  			 		  		  		
Carlin Open Pit (2)	  	100	%	 	21,000	  	0.072	  	1,520	  	217,300	  	0.041	  	8,810	  	238,300	  	0.043	  	10,330	  	72	%	 	201,600	  	0.047	  	9,420	
Twin Creeks	  	100	%	 	14,800	  	0.081	  	1,200	  	46,400	  	0.072	  	3,320	  	61,200	  	0.074	  	4,520	  	82	%	 	61,800	  	0.075	  	4,660	
Lone Tree Complex (3)	  	100	%	 	800	  	0.096	  	70	  	3,200	  	0.076	  	250	  	4,000	  	0.080	  	320	  	80	%	 	14,000	  	0.063	  	880	
Phoenix (4)	  	100	%	 	0	  		  	0	  	308,400	  	0.029	  	8,950	  	308,400	  	0.029	  	8,950	  	81	%	 	248,000	  	0.034	  	8,470	
Carlin Underground (5)	  	100	%	 	1,700	  	0.53	  	900	  	6,000	  	0.47	  	2,850	  	7,700	  	0.49	  	3,750	  	94	%	 	8,700	  	0.51	  	4,410	
Midas (6)	  	100	%	 	600	  	0.67	  	430	  	900	  	0.52	  	470	  	1,500	  	0.58	  	900	  	95	%	 	2,900	  	0.51	  	1,450	
Turquoise Ridge (7)	  	25	%	 	1,100	  	0.56	  	620	  	800	  	0.57	  	480	  	1,900	  	0.56	  	1,100	  	90	%	 	1,700	  	0.61	  	1,050	
Nevada Stockpiles (8)	  	100	%	 		  		  		  		  		  		  		  		  		  			 		  		  		
	  			 	22,600	  	0.089	  	2,010	  	4,800	  	0.053	  	250	  	27,400	  	0.083	  	2,260	  	80	%	 	30,300	  	0.086	  	2,610	
Nevada In-Process (9)	  	100	%	 	46,800	  	0.021	  	1,000	  	2,100	  	0.067	  	140	  	48,900	  	0.023	  	1,140	  	65	%	 	47,000	  	0.022	  	1,020	
	  			 	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	 	 	 	  	 	  	 	
TOTAL NEVADA	  			 	109,400	  	0.071	  	7,750	  	589,900	  	0.043	  	25,520	  	699,300	  	0.048	  	33,270	  	80	%	 	616,000	  	0.055	  	33,970	
	  			 	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	 	 	 	  	 	  	 	
Yanacocha, Peru	  			 		  		  		  		  		  		  		  		  		  			 		  		  		
Yanacocha Open Pits (10)	  	51.35	%	 	30,900	  	0.024	  	740	  	263,600	  	0.034	  	8,960	  	294,500	  	0.033	  	9,700	  	69	%	 	348,200	  	0.032	  	11,270	
Yanacocha In-Process (9)	  	51.35	%	 	34,700	  	0.028	  	970	  	0	  		  	0	  	34,700	  	0.028	  	970	  	70	%	 	29,000	  	0.028	  	820	
Conga (11)	  	51.35	%	 	0	  		  	0	  	317,200	  	0.019	  	6,080	  	317,200	  	0.019	  	6,080	  	79	%	 	190,500	  	0.023	  	4,470	
	  			 	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	 	 	 	  	 	  	 	
TOTAL YANACOCHA	  			 	65,600	  	0.026	  	1,710	  	580,800	  	0.026	  	15,040	  	646,400	  	0.026	  	16,750	  	73	%	 	567,700	  	0.029	  	16,560	
	  			 	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	 	 	 	  	 	  	 	
Australia/New Zealand	  			 		  		  		  		  		  		  		  		  		  			 		  		  		
Boddington, Western Australia (12)	  	44.44	%	 	60,600	  	0.029	  	1,780	  	136,800	  	0.025	  	3,380	  	197,400	  	0.026	  	5,160	  	82	%	 	190,900	  	0.025	  	4,850	
Golden Grove, Western Australia (13)	  	100	%	 	0	  		  	0	  	0	  		  	0	  	0	  		  	0	  			 	4,500	  	0.045	  	200	
Kalgoorlie Open Pits and Underground	  	50	%	 	32,900	  	0.060	  	1,980	  	39,400	  	0.063	  	2,500	  	72,300	  	0.062	  	4,480	  	88	%	 	75,400	  	0.063	  	4,750	
Kalgoorlie Stockpiles (8)	  	50	%	 	12,600	  	0.033	  	420	  	0	  		  	0	  	12,600	  	0.033	  	420	  	88	%	 	12,400	  	0.035	  	430	
Total Kalgoorlie, Western Australia (14)	  	50	%	 	45,500	  	0.053	  	2,400	  	39,400	  	0.063	  	2,500	  	84,900	  	0.058	  	4,900	  	88	%	 	87,800	  	0.059	  	5,180	
Pajingo, Queensland	  	100	%	 	400	  	0.41	  	150	  	1,200	  	0.25	  	300	  	1,600	  	0.29	  	450	  	97	%	 	1,900	  	0.34	  	650	
Tanami Underground and Open Pits	  	100	%	 	5,400	  	0.17	  	890	  	8,100	  	0.16	  	1,330	  	13,500	  	0.16	  	2,220	  	95	%	 	12,100	  	0.16	  	1,950	
Tanami Stockpiles (8)	  	100	%	 	400	  	0.074	  	30	  	2,200	  	0.037	  	80	  	2,600	  	0.043	  	110	  	95	%	 	4,100	  	0.048	  	200	
Total Tanami, Northern Territory	  	100	%	 	5,800	  	0.16	  	920	  	10,300	  	0.14	  	1,410	  	16,100	  	0.15	  	2,330	  	95	%	 	16,200	  	0.13	  	2,150	
Jundee, Western Australia	  	100	%	 	2,900	  	0.060	  	170	  	3,700	  	0.36	  	1,360	  	6,600	  	0.23	  	1,530	  	93	%	 	8,400	  	0.17	  	1,410	
Martha, New Zealand (15)	  	100	%	 	0	  		  	0	  	3,500	  	0.16	  	570	  	3,500	  	0.16	  	570	  	91	%	 	4,400	  	0.15	  	670	
	  			 	 	  		  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	 	 	 	  	 	  	 	
TOTAL AUSTRALIA/NEW ZEALAND	  			 	115,200	  	0.047	  	5,420	  	194,900	  	0.049	  	9,520	  	310,100	  	0.048	  	14,940	  	88	%	 	314,100	  	0.048	  	15,110	
	  			 	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	 	 	 	  	 	  	 	
Batu Hijau, Indonesia	  			 		  		  		  		  		  		  		  		  		  			 		  		  		
Batu Hijau Open Pit (16)	  	52.875	%	 	147,600	  	0.012	  	1,770	  	446,500	  	0.010	  	4,540	  	594,100	  	0.011	  	6,310	  	80	%	 	588,700	  	0.012	  	6,910	
Batu Hijau Stockpiles (8) (16)	  	52.875	%	 	0	  		  	0	  	103,900	  	0.003	  	340	  	103,900	  	0.003	  	340	  	69	%	 	86,400	  	0.004	  	300	
	  			 	 	  		  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	 	 	 	  	 	  	 	
TOTAL BATU HIJAU	  			 	147,600	  	0.012	  	1,770	  	550,400	  	0.009	  	4,880	  	698,000	  	0.010	  	6,650	  	80	%	 	675,100	  	0.011	  	7,210	
	  			 	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	 	 	 	  	 	  	 	
Ghana	  			 		  		  		  		  		  		  		  		  		  			 		  		  		
Akyem (17)	  	85	%	 	0	  		  	0	  	125,100	  	0.052	  	6,510	  	125,100	  	0.052	  	6,510	  	89	%	 	109,400	  	0.049	  	5,410	
Ahafo (18)	  	100	%	 	0	  		  	0	  	156,900	  	0.078	  	12,190	  	156,900	  	0.078	  	12,190	  	88	%	 	156,900	  	0.068	  	10,630	
	  			 	 	  		  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	 	 	 	  	 	  	 	
TOTAL GHANA	  			 	0	  		  	0	  	282,000	  	0.066	  	18,700	  	282,000	  	0.066	  	18,700	  	88	%	 	266,300	  	0.060	  	16,040	
	  			 	 	  		  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	 	 	 	  	 	  	 	
Other Operations	  			 		  		  		  		  		  		  		  		  		  			 		  		  		
Golden Giant, Ontario (19)	  	100	%	 	0	  		  	0	  	0	  		  	0	  	0	  		  	0	  			 	500	  	0.31	  	160	
Holloway, Ontario (20)	  	100	%	 	50	  	0.17	  	10	  	100	  	0.20	  	20	  	150	  	0.19	  	30	  	90	%	 	1,400	  	0.18	  	260	
La Herradura, Mexico	  	44	%	 	18,100	  	0.021	  	380	  	16,800	  	0.023	  	390	  	34,900	  	0.022	  	770	  	66	%	 	22,300	  	0.027	  	610	
Kori Kollo, Bolivia	  	88	%	 	12,600	  	0.010	  	120	  	16,200	  	0.019	  	320	  	28,800	  	0.015	  	440	  	63	%	 	22,500	  	0.021	  	470	
Ovacik, Turkey (21)	  	100	%	 	0	  		  	0	  	0	  		  	0	  	0	  		  	0	  			 	400	  	0.25	  	100	
Zarafshan, Uzbekistan (22)	  	50	%	 	46,700	  	0.036	  	1,690	  	0	  		  	0	  	46,700	  	0.036	  	1,690	  	56	%	 	53,800	  	0.037	  	1,940	
	  			 	 	  	 	  	 	  	 	  		  	 	  	 	  	 	  	 	  	 	 	 	 	  	 	  	 	
TOTAL OTHER OPERATIONS	  			 	77,450	  	0.028	  	2,200	  	33,100	  	0.022	  	730	  	110,550	  	0.027	  	2,930	  	60	%	 	100,900	  	0.035	  	3,540	
	  			 	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	 	 	 	  	 	  	 	
TOTAL	  			 	515,250	  	0.037	  	18,850	  	2,231,100	  	0.033	  	74,390	  	2,746,350	  	0.034	  	93,240	  	81	%	 	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.	
			
NEWMONT – FOURTH QUARTER 2005 RESULTS (FEBRUARY 27, 2006)	  	Page 14 of 14	

GOLD NON-RESERVE MINERALIZATION
Equity Gold Mineralized Material Not in Reserves (1) 

   	  	December 31, 2005	
Deposits/Districts	  	Newmont
Share	 	 	Gold Measured
Material	  	Gold Indicated
Material	  	Gold Measured +
Indicated Material	  	Gold Inferred
Material	
	  			 	Tonnage
(000 tons)	  	Grade
(oz/ton)	  	Tonnage
(000 tons)	  	Grade
(oz/ton)	  	Tonnage
(000 tons)	  	Grade
(oz/ton)	  	Tonnage
(000 tons)	  	Grade
(oz/ton)	
Nevada	  			 		  		  		  		  		  		  		  		
Carlin Open Pit	  	100	%	 	4,400	  	0.045	  	23,700	  	0.039	  	28,100	  	0.040	  	4,200	  	0.024	
Twin Creeks	  	100	%	 	1,900	  	0.058	  	18,000	  	0.048	  	19,900	  	0.049	  	3,100	  	0.033	
Lone Tree Complex (2)	  	100	%	 	3,000	  	0.032	  	0	  		  	3,000	  	0.032	  	0	  		
Phoenix	  	100	%	 	0	  	0.000	  	22,200	  	0.023	  	22,200	  	0.023	  	16,500	  	0.026	
Total Nevada Open Pit	  			 	9,300	  	0.043	  	63,900	  	0.036	  	73,200	  	0.037	  	23,800	  	0.026	
Carlin Underground	  	100	%	 	100	  	0.41	  	200	  	0.28	  	300	  	0.33	  	3,700	  	0.46	
Midas	  	100	%	 	0	  	0.00	  	0	  		  	0	  		  	600	  	0.42	
Turquoise Ridge (3)	  	25	%	 	800	  	0.42	  	600	  	0.42	  	1,400	  	0.42	  	400	  	0.54	
Total Nevada Underground	  			 	900	  	0.42	  	800	  	0.39	  	1,700	  	0.41	  	4,700	  	0.46	
Nevada Stockpiles (4)	  	100	%	 	4,800	  	0.055	  	0	  		  	4,800	  	0.055	  	0	  		
	  			 	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	
TOTAL NEVADA	  			 	15,000	  	0.070	  	64,700	  	0.040	  	79,700	  	0.046	  	28,500	  	0.099	
	  			 	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	
Peru	  			 		  		  		  		  		  		  		  		
Yanacocha	  	51.35	%	 	500	  	0.008	  	83,900	  	0.027	  	84,400	  	0.027	  	24,200	  	0.023	
Conga	  	51.35	%	 	0	  		  	58,000	  	0.013	  	58,000	  	0.013	  	79,000	  	0.011	
La Zanja (5)	  	46.9	%	 	5,200	  	0.027	  	3,800	  	0.024	  	9,000	  	0.026	  	0	  		
	  			 	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	
TOTAL PERU	  			 	5,700	  	0.025	  	145,700	  	0.021	  	151,400	  	0.021	  	103,200	  	0.014	
	  			 	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	
Australia/New Zealand	  			 		  		  		  		  		  		  		  		
Boddington, Western Australia (6)	  	44.44	%	 	7,200	  	0.013	  	63,500	  	0.018	  	70,700	  	0.017	  	158,600	  	0.020	
Kalgoorlie, Western Australia	  	50	%	 	1,700	  	0.058	  	2,600	  	0.065	  	4,300	  	0.062	  	2,000	  	0.149	
Pajingo, Queensland	  	100	%	 	0	  		  	100	  	0.11	  	100	  	0.11	  	300	  	0.33	
Tanami, Northern Territory	  	100	%	 	0	  		  	900	  	0.067	  	900	  	0.067	  	5,500	  	0.18	
Jundee, Western Australia	  	100	%	 	0	  		  	400	  	0.051	  	400	  	0.051	  	1,800	  	0.27	
Martha, New Zealand	  	100	%	 	0	  		  	3,000	  	0.17	  	3,000	  	0.17	  	600	  	0.29	
	  			 	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	
TOTAL AUSTRALIA/NEW ZEALAND	  			 	8,900	  	0.022	  	70,500	  	0.027	  	79,400	  	0.026	  	168,800	  	0.031	
	  			 	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	
Batu Hijau, Indonesia	  			 		  		  		  		  		  		  		  		
Batu Hijau (7)	  	52.875	%	 	10,100	  	0.007	  	47,600	  	0.006	  	57,700	  	0.006	  	25,600	  	0.002	
	  			 	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	
TOTAL BATU HIJAU	  			 	10,100	  	0.007	  	47,600	  	0.006	  	57,700	  	0.006	  	25,600	  	0.002	
	  			 	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	
Ghana	  			 		  		  		  		  		  		  		  		
Akyem (8)	  	85	%	 	0	  		  	9,800	  	0.048	  	9,800	  	0.048	  	3,900	  	0.047	
Ahafo	  	100	%	 	0	  		  	45,400	  	0.063	  	45,400	  	0.063	  	19,000	  	0.074	
	  			 	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	
TOTAL AFRICA	  			 	0	  		  	55,200	  	0.060	  	55,200	  	0.060	  	22,900	  	0.070	
	  			 	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	
Other Operations and Projects	  			 		  		  		  		  		  		  		  		
Holloway, Ontario (9)	  	100	%	 	700	  	0.20	  	2,000	  	0.18	  	2,700	  	0.19	  	0	  		
La Herradura, Mexico	  	44	%	 	7,200	  	0.022	  	9,700	  	0.021	  	16,900	  	0.021	  	7,400	  	0.024	
Kori Kollo, Bolivia	  	88	%	 	0	  		  	12,400	  	0.018	  	12,400	  	0.018	  	0	  		
Martabe, Indonesia	  	95	%	 	0	  		  	0	  		  	0	  		  	42,600	  	0.066	
	  			 	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	
TOTAL OTHER OPERATIONS AND PROJECTS	  	 	7,900	  	0.037	  	24,100	  	0.033	  	32,000	  	0.034	  	50,000	  	0.060	
	  			 	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	
TOTAL	  			 	47,600	  	0.037	  	407,800	  	0.029	  	455,400	  	0.030	  	399,000	  	0.036	

(1)	Mineralized material is calculated at a gold price of US$425, A$600, or NZ$715 per ounce unless otherwise noted. 2004 Mineralized material was calculated at a gold price of US$375, A$600, or NZ$715 per ounce. Tonnage amounts have been rounded to the nearest 100,000.	
 
(2)	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.	
 
(3)	Mineralized material estimates were provided by Placer Dome, the operator of the Turquoise Ridge Joint Venture. Placer Dome calculated mineralized material not in reserves assuming a gold price of US$450 per ounce.	
 
(4)	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.	
 
(5)	Mineralized material estimates were provided by Buenaventura, the operator of the La Zanja Project. Buenaventura calculated mineralized material at a gold price of US$350 per ounce.	
 
(6)	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%.	
 
(7)	Percentage reflects Newmont's economic interest in remaining mineralized material.	
 
(8)	Newmont acquired the remaining 15% interest in January 2006, bringing Newmont's equity interest to 100%.	
 
(9)	Newmont's equity interest increased to 100% in 2005 from 96.7% 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.	
			
NEWMONT – FOURTH QUARTER 2005 RESULTS (FEBRUARY 27, 2006)	  	Page 15 of 15	

COPPER PROVEN AND PROBABLE RESERVES
Equity Copper Reserves (1) 

 	  	 	 	 	December 31, 2005	 	 	December 31, 2004	
Deposits/Districts	  	Newmont
Share	 	 	Copper Proven Reserves	  	Copper Probable Reserves	  	Copper Proven + Probable
Reserves	  	Metallurgical
Recovery	 	 	Copper Proven +
Probable Reserves	
	  			 	Tonnage
(000 tons)	  	Grade
(Cu%)	 	 	Copper
(million
pounds)	  	Tonnage
(000 tons)	  	Grade
(Cu%)	 	 	Copper
(million
pounds)	  	Tonnage
(000 tons)	  	Grade
(Cu%)	 	 	Copper
(million
pounds)	  			 	Tonnage
(000 tons)	  	Grade
(Cu%)	 	 	Copper
(million
pounds)	
Phoenix, Nevada (2)	  	100	%	 	0	  			 	0	  	309,900	  	0.15	%	 	900	  	309,900	  	0.15	%	 	900	  	67	%	 	216,700	  	0.15	%	 	660	
Conga, Peru (3)	  	51.35	%	 	0	  			 	0	  	317,200	  	0.26	%	 	1,660	  	317,200	  	0.26	%	 	1,660	  	85	%	 	190,600	  	0.30	%	 	1,140	
Batu Hijau	  	52.875	%	 	147,600	  	0.47	%	 	1,390	  	446,500	  	0.44	%	 	3,920	  	594,100	  	0.45	%	 	5,310	  	83	%	 	588,900	  	0.48	%	 	5,600	
Batu Hijau, Stockpiles (4)	  	52.875	%	 	0	  			 	0	  	103,900	  	0.36	%	 	750	  	103,900	  	0.36	%	 	750	  	70	%	 	86,500	  	0.38	%	 	660	
Total Batu Hijau, Indonesia (5)	  	52.875	%	 	147,600	  	0.47	%	 	1,390	  	550,400	  	0.42	%	 	4,670	  	698,000	  	0.43	%	 	6,060	  	81	%	 	675,400	  	0.46	%	 	6,260	
Boddington, Western Australia (6)	  	44.44	%	 	60,600	  	0.12	%	 	140	  	136,600	  	0.12	%	 	340	  	197,200	  	0.12	%	 	480	  	83	%	 	190,700	  	0.12	%	 	470	
Golden Grove, Western Australia (7)	  	100	%	 	0	  			 	0	  	0	  			 	0	  	0	  			 	0	  			 	8,700	  	2.07	%	 	360	
	  			 	 	  	 	 	 	 	  	 	  	 	 	 	 	  	 	  	 	 	 	 	  	 	 	 	 	  	 	 	 	 	
TOTAL	  			 	208,200	  	0.37	%	 	1,530	  	1,314,100	  	0.29	%	 	7,570	  	1,522,300	  	0.30	%	 	9,100	  	81	%	 	1,282,100	  	0.35	%	 	8,890	

(1)	Reserves are calculated at a copper price of US$1.00 or A$1.43 per pound. 2004 reserves were calculated at a copper price of US$0.90 or A$1.45 per pound. Tonnage amounts have been rounded to the nearest 100,000 and copper pounds have been rounded to the nearest 10 million.	
 
(2)	Deposit is partially developed. Construction of facilities began in November 2004, and production is expected in 2006.	
 
(3)	Deposits are undeveloped.	
 
(4)	Stockpiles are comprised primarily of material that has been set aside to allow processing of higher grade material in the mill. Stockpiles increase or decrease depending on current mine plans. Stockpile reserves are reported separately where tonnage or contained metal is greater than 5% of the total site-reported reserves.	
 
(5)	Percentage reflects Newmont's economic interest in remaining reserves.	
 
(6)	Deposit is 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%.	
 
(7)	Golden Grove was sold in July 2005.	
COPPER NON-RESERVE MINERALIZATION
Equity Copper Mineralized Material Not in Reserves (1) 

   	  	December 31, 2005	 	
 	  	 	 	 	Copper Measured
Material	 	 	Copper Indicated
Material	 	 	Copper Measured +
Indicated Material	 	 	Copper Inferred
Material	 	
Deposits/Districts	  	Newmont
Share	 	 	Tonnage
(000 tons)	  	Grade
(Cu%)	 	 	Tonnage
(000 tons)	  	Grade
(Cu%)	 	 	Tonnage
(000 tons)	  	Grade
(Cu%)	 	 	Tonnage
(000 tons)	  	Grade
(Cu%)	 	
Phoenix, Nevada	  	100	%	 	0	  			 	20,600	  	0.11	%	 	20,600	  	0.11	%	 	15,200	  	0.17	%	
Conga, Peru	  	51.35	%	 	0	  			 	58,000	  	0.18	%	 	58,000	  	0.18	%	 	79,000	  	0.17	%	
Batu Hijau, Indonesia (2)	  	52.875	%	 	10,100	  	0.30	%	 	47,600	  	0.31	%	 	57,700	  	0.31	%	 	25,600	  	0.27	%	
Boddington, Western Australia (3)	  	44.44	%	 	7,200	  	0.08	%	 	63,500	  	0.08	%	 	70,700	  	0.08	%	 	158,600	  	0.09	%	
	  			 	 	  	 	 	 	 	  	 	 	 	 	  	 	 	 	 	  	 	 	
TOTAL NEWMONT	  			 	17,300	  	0.21	%	 	189,700	  	0.17	%	 	207,000	  	0.18	%	 	278,400	  	0.14	%	

(1)	Mineralized material is calculated at a copper price of US$1.10 or A$1.47 per pound. 2004 mineralized material was calculated at a copper price of US$1.00 or A$1.50 per pound. Tonnage amounts have been rounded to the nearest 100,000.	
 
(2)	Percentage reflects Newmont’s economic interest in remaining mineralized material.	
 
(3)	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%.	
			
NEWMONT – FOURTH QUARTER 2005 RESULTS (FEBRUARY 27, 2006)	  	Page 16 of 16	

2005 INCOME ANALYSIS

Impact of the following transactions (after-tax)	  	2005	 	 	2004	 	
	  	$ Million	 	 	EPS	 	 	$ Million	 	 	EPS	 	
Income from continuing operations	  	$	374	 	 	$	0.84	 	 	$	453	 	 	$	1.02	 	
- Gain on sale of assets	  	$	56	 	 	$	0.13	 	 	$	10	 	 	$	0.02	 	
- Loss on write-down of long-lived assets	  	($	26	)	 	($	0.06	)	 	($	17	)	 	($	0.04	)	
- Loss on write-down of goodwill	  	($	41	)	 	($	0.09	)	 	($	52	)	 	($	0.12	)	
- Loss on write-down of Kinross	  	 	—  	 	 	 	—  	 	 	($	32	)	 	($	0.07	)	
- Loss on write-down of Ovacik	  	 	—  	 	 	 	—  	 	 	($	16	)	 	($	0.03	)	
- Gain on receivable valuation allowance	  	$	6	 	 	$	0.01	 	 	 	—  	 	 	 	—  	 	
- Buyat Bay litigation and settlement	  	($	30	)	 	($	0.06	)	 	 	—  	 	 	 	—  	 	
- (Loss)/gain on reclamation revisions	  	($	22	)	 	($	0.05	)	 	$	10	 	 	$	0.02	 	
- Loss on Nevada waste dump slide	  	($	4	)	 	($	0.01	)	 	 	—  	 	 	 	—  	 	
- Gain on various tax items	  	$	27	 	 	$	0.06	 	 	$	62	 	 	$	0.14	 	
			
NEWMONT – FOURTH QUARTER 2005 RESULTS (FEBRUARY 27, 2006)	  	Page 17 of 17	

OPERATING STATISTICS SUMMARY

 	  	Nevada	  	Yanacocha, Peru	  	Australia/ New
Zealand	  	Batu Hijau,
Indonesia	  	Other (1)	  	Total	
Three months ended
December 31,	  	2005	  	2004	  	2005	  	2004	  	2005	  	2004	  	2005	  	2004	  	2005	  	2004	  	2005	  	2004	
Gold Summary	  			  			  			  			  			  			  			  			  			  			  			  			
Ounces sold (000)	  	 	651.9	  	 	702.7	  	 	1,062.9	  	 	849.1	  	 	397.0	  	 	473.2	  	 	180.9	  	 	178.9	  	 	144.0	  	 	103.8	  	 	2,436.7	  	 	2,307.7	
Equity ounces sold (000)	  	 	606.2	  	 	668.2	  	 	545.8	  	 	436.0	  	 	397.0	  	 	473.2	  	 	95.7	  	 	94.6	  	 	138.1	  	 	103.1	  	 	1,782.8	  	 	1,775.1	
Cost applicable to sales (in millions)	  	$	222	  	$	191	  	$	154	  	$	111	  	$	125	  	$	138	  	$	29	  	$	24	  	$	31	  	$	23	  	$	561	  	$	487	
Cost applicable to sales per ounce	  	$	340	  	$	271	  	$	145	  	$	132	  	$	315	  	$	292	  	$	161	  	$	135	  	$	214	  	$	219	  	$	230	  	$	211	
Depreciation and amortization (in millions)	  	$	32	  	$	31	  	$	57	  	$	47	  	$	31	  	$	32	  	$	9	  	$	8	  	$	9	  	$	6	  	$	138	  	$	124	
Depreciation and amortization per ounce	  	$	49	  	$	44	  	$	53	  	$	55	  	$	79	  	$	67	  	$	47	  	$	44	  	$	62	  	$	56	  	$	56	  	$	54	
Average realized price per ounce	  			  			  			  			  			  			  			  			  			  			  	$	472	  	$	436	
 
(1)	Includes Golden Giant, Canada; La Herradura, Mexico; Kori Kollo, Bolivia and Zarafshan, Uzbekistan.	

 	  	Nevada	  	Yanacocha, Peru	  	New Zealand	  	Batu Hijau, Indonesia	  	Other (1)	  	Total	
Year ended
December 31,	  	2005	  	2004	  	2005	  	2004	  	2005	  	2004	  	2005	  	2004	  	2005	  	2004	  	2005	  	2004	
Gold Summary	  			  			  			  			  			  			  			  			  			  			  			  			
Ounces sold (000)	  	 	2,444.1	  	 	2,538.0	  	 	3,327.5	  	 	3,039.9	  	 	1,600.5	  	 	1,887.6	  	 	720.5	  	 	715.2	  	 	459.4	  	 	648.2	  	 	8,552.0	  	 	8,828.9	
Equity ounces sold (000)	  	 	2,287.2	  	 	2,416.0	  	 	1,708.7	  	 	1,561.0	  	 	1,600.5	  	 	1,887.6	  	 	381.0	  	 	396.3	  	 	448.1	  	 	640.8	  	 	6,425.5	  	 	6,901.7	
Cost applicable to sales (in millions)	  	$	807	  	$	716	  	$	487	  	$	432	  	$	508	  	$	528	  	$	109	  	$	91	  	$	106	  	$	143	  	$	2,017	  	$	1,910	
Cost applicable to sales per ounce	  	$	333	  	$	282	  	$	147	  	$	142	  	$	317	  	$	280	  	$	152	  	$	128	  	$	229	  	$	220	  	$	236	  	$	216	
Depreciation and amortization (in millions)	  	$	124	  	$	127	  	$	205	  	$	198	  	$	118	  	$	126	  	$	34	  	$	28	  	$	29	  	$	47	  	$	509	  	$	526	
Depreciation and amortization per ounce	  	$	51	  	$	50	  	$	62	  	$	65	  	$	74	  	$	67	  	$	47	  	$	39	  	$	63	  	$	73	  	$	60	  	$	60	
Average realized price per ounce	  			  			  			  			  			  			  			  			  			  			  	$	441	  	$	412	
 
(1)	2005 and 2004 include Golden Giant, Canada; La Herradura, Mexico; Kori Kollo, Bolivia and Zarafshan, Uzbekistan. 2004 also includes Minahasa, Indonesia and Ovacik, Turkey.	

 	  	Three months ended December 31,	  	Year ended December 31,	
 	  	2005	  	2004	  	2005	  	2004	
Copper Summary	  			  			  			  			
Pounds sold (000)	  	 	128,691	  	 	164,255	  	 	572,749	  	 	683,279	
Equity pounds sold (000)	  	 	68,045	  	 	86,850	  	 	302,841	  	 	378,801	
Cost applicable to sales (in millions)	  	$	76	  	$	78	  	$	303	  	$	305	
Cost applicable to sales per pound	  	$	0.60	  	$	0.48	  	$	0.53	  	$	0.45	
Depreciation and amortization (in millions)	  	$	21	  	$	24	  	$	87	  	$	90	
Depreciation and amortization per pound	  	$	0.16	  	$	0.15	  	$	0.15	  	$	0.13	
Average realized price per pound	  	$	1.67	  	$	1.39	  	$	1.45	  	$	1.33	
			
NEWMONT – FOURTH QUARTER 2005 RESULTS (FEBRUARY 27, 2006)	  	Page 18 of 18	

GOLD PRODUCTION – OPERATIONS

   	  	Nevada	 	 	Yanacocha,
Peru	 	 	Batu Hijau,
Indonesia	 	
Three months ended December 31,	  	2005	 	 	2004	 	 	2005	 	 	2004	 	 	2005	 	 	2004	 	
Tons Mined (000 dry short tons):	  				 				 				 				 				 				
Open-Pit	  	 	49,536	 	 	 	48,298	 	 	 	53,062	 	 	 	45,112	 	 	 	51,985	 	 	 	63,548	 	
Underground	  	 	475	 	 	 	482	 	 	 	n/a	 	 	 	n/a	 	 	 	n/a	 	 	 	n/a	 	
Tons Milled/Processed (000):	  				 				 				 				 				 				
Oxide	  	 	1,581	 	 	 	1,436	 	 	 	n/a	 	 	 	n/a	 	 	 	n/a	 	 	 	n/a	 	
Refractory	  	 	2,607	 	 	 	2,444	 	 	 	n/a	 	 	 	n/a	 	 	 	11,763	 	 	 	14,424	 	
Leach	  	 	5,740	 	 	 	5,018	 	 	 	36,216	 	 	 	31,435	 	 	 	n/a	 	 	 	n/a	 	
Average Ore Grade (oz/ ton):	  				 				 				 				 				 				
Oxide	  	 	0.103	 	 	 	0.113	 	 	 	n/a	 	 	 	n/a	 	 	 	n/a	 	 	 	n/a	 	
Refractory	  	 	0.184	 	 	 	0.217	 	 	 	n/a	 	 	 	n/a	 	 	 	0.016	 	 	 	0.014	 	
Leach	  	 	0.021	 	 	 	0.034	 	 	 	0.028	 	 	 	0.029	 	 	 	n/a	 	 	 	n/a	 	
Average Mill Recovery Rate:	  				 				 				 				 				 				
Oxide	  	 	73.7	%	 	 	79.3	%	 	 	n/a	 	 	 	n/a	 	 	 	n/a	 	 	 	n/a	 	
Refractory	  	 	88.2	%	 	 	91.6	%	 	 	n/a	 	 	 	n/a	 	 	 	80.6	%	 	 	80.6	%	
Ounces Produced (000):	  				 				 				 				 				 				
Oxide	  	 	95.0	 	 	 	130.9	 	 	 	n/a	 	 	 	n/a	 	 	 	n/a	 	 	 	n/a	 	
Refractory	  	 	440.8	 	 	 	488.0	 	 	 	n/a	 	 	 	n/a	 	 	 	156.9	 	 	 	172.7	 	
Leach	  	 	80.2	 	 	 	84.7	 	 	 	1,064.4	 	 	 	847.3	 	 	 	n/a	 	 	 	n/a	 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total	  	 	616.0	 	 	 	703.6	 	 	 	1,064.4	 	 	 	847.3	 	 	 	156.9	 	 	 	172.7	 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Ounces Sold (000):	  	 	651.9	 	 	 	702.7	 	 	 	1,062.9	 	 	 	849.1	 	 	 	180.9	 	 	 	178.9	 	
Equity Ounces Produced (000):	  	 	570.2	 	 	 	669.1	 	 	 	546.6	 	 	 	435.1	 	 	 	82.9	 	 	 	91.3	 	
Equity Ounces Sold (000)	  	 	606.2	 	 	 	668.2	 	 	 	545.8	 	 	 	436.0	 	 	 	95.7	 	 	 	94.6	 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Production Costs Per Ounce:	  				 				 				 				 				 				
Direct mining and production costs	  	$	336	 	 	$	258	 	 	$	148	 	 	$	133	 	 	$	150	 	 	$	144	 	
Capitalized mining and other	  	 	(4	)	 	 	5	 	 	 	(8	)	 	 	(6	)	 	 	(1	)	 	 	(18	)	
Royalties and production taxes	  	 	7	 	 	 	6	 	 	 	3	 	 	 	3	 	 	 	10	 	 	 	8	 	
Reclamation and mine closure costs	  	 	1	 	 	 	2	 	 	 	2	 	 	 	2	 	 	 	2	 	 	 	1	 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Costs applicable to sales	  	 	340	 	 	 	271	 	 	 	145	 	 	 	132	 	 	 	161	 	 	 	135	 	
Depreciation and amortization	  	 	49	 	 	 	44	 	 	 	53	 	 	 	55	 	 	 	47	 	 	 	44	 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total production costs	  	$	389	 	 	$	315	 	 	$	198	 	 	$	187	 	 	$	208	 	 	$	179	 	

NEWMONT – FOURTH QUARTER 2005 RESULTS (FEBRUARY 27, 2006)	  	Page 19 of 19	

GOLD PRODUCTION – OPERATIONS (CONTINUED)

   	  	Nevada	 	 	Yanacocha,
Peru	 	 	Batu Hijau,
Indonesia	 	
Year ended December 31,	  	2005	 	 	2004	 	 	2005	 	 	2004	 	 	2005	 	 	2004	 	
Tons Mined (000 dry short tons):	  				 				 				 				 				 				
Open-Pit	  	 	193,565	 	 	 	192,821	 	 	 	218,933	 	 	 	193,407	 	 	 	225,838	 	 	 	235,455	 	
Underground	  	 	1,727	 	 	 	1,683	 	 	 	n/a	 	 	 	n/a	 	 	 	n/a	 	 	 	n/a	 	
Tons Milled/Processed (000):	  				 				 				 				 				 				
Oxide	  	 	5,645	 	 	 	4,626	 	 	 	n/a	 	 	 	n/a	 	 	 	n/a	 	 	 	n/a	 	
Refractory	  	 	9,877	 	 	 	8,985	 	 	 	n/a	 	 	 	n/a	 	 	 	50,210	 	 	 	54,243	 	
Leach	  	 	21,660	 	 	 	17,356	 	 	 	146,645	 	 	 	133,514	 	 	 	n/a	 	 	 	n/a	 	
Average Ore Grade (oz/ ton):	  				 				 				 				 				 				
Oxide	  	 	0.108	 	 	 	0.125	 	 	 	n/a	 	 	 	n/a	 	 	 	n/a	 	 	 	n/a	 	
Refractory	  	 	0.183	 	 	 	0.199	 	 	 	n/a	 	 	 	n/a	 	 	 	0.018	 	 	 	0.016	 	
Leach	  	 	0.024	 	 	 	0.029	 	 	 	0.028	 	 	 	0.025	 	 	 	n/a	 	 	 	n/a	 	
Average Mill Recovery Rate:	  				 				 				 				 				 				
Oxide	  	 	75.1	%	 	 	79.1	%	 	 	n/a	 	 	 	n/a	 	 	 	n/a	 	 	 	n/a	 	
Refractory	  	 	89.6	%	 	 	90.8	%	 	 	n/a	 	 	 	n/a	 	 	 	80.7	%	 	 	80.9	%	
Ounces Produced (000):	  				 				 				 				 				 				
Oxide	  	 	405.2	 	 	 	461.2	 	 	 	n/a	 	 	 	n/a	 	 	 	n/a	 	 	 	n/a	 	
Refractory	  	 	1,671.3	 	 	 	1,666.7	 	 	 	n/a	 	 	 	n/a	 	 	 	731.8	 	 	 	718.8	 	
Leach	  	 	357.1	 	 	 	332.5	 	 	 	3,333.1	 	 	 	3,017.3	 	 	 	n/a	 	 	 	n/a	 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total	  	 	2,433.6	 	 	 	2,460.4	 	 	 	3,333.1	 	 	 	3,017.3	 	 	 	731.8	 	 	 	718.8	 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Ounces Sold (000):	  	 	2,444.1	 	 	 	2,538.0	 	 	 	3,327.5	 	 	 	3,039.9	 	 	 	720.5	 	 	 	715.2	 	
Equity Ounces Produced (000):	  	 	2,276.7	 	 	 	2,338.5	 	 	 	1,711.5	 	 	 	1,549.4	 	 	 	386.9	 	 	 	398.5	 	
Equity Ounces Sold (000)	  	 	2,287.2	 	 	 	2,416.0	 	 	 	1,708.7	 	 	 	1,561.0	 	 	 	381.0	 	 	 	396.3	 	
Production Costs Per Ounce:	  				 				 				 				 				 				
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Direct mining and production costs	  	$	346	 	 	$	297	 	 	$	150	 	 	$	144	 	 	$	146	 	 	$	110	 	
Capitalized mining and other	  	 	(23	)	 	 	(22	)	 	 	(8	)	 	 	(6	)	 	 	(5	)	 	 	9	 	
Royalties and production taxes	  	 	8	 	 	 	5	 	 	 	3	 	 	 	2	 	 	 	9	 	 	 	8	 	
Reclamation and mine closure costs	  	 	2	 	 	 	2	 	 	 	2	 	 	 	2	 	 	 	2	 	 	 	1	 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Costs applicable to sales	  	 	333	 	 	 	282	 	 	 	147	 	 	 	142	 	 	 	152	 	 	 	128	 	
Depreciation and amortization	  	 	51	 	 	 	50	 	 	 	62	 	 	 	65	 	 	 	47	 	 	 	39	 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total production costs	  	$	384	 	 	$	332	 	 	$	209	 	 	$	207	 	 	$	199	 	 	$	167	 	

NEWMONT – FOURTH QUARTER 2005 RESULTS (FEBRUARY 27, 2006)	  	Page 20 of 20	

GOLD PRODUCTION – AUSTRALIA/NEW ZEALAND

   	  	Pajingo	 	 	Jundee	 	 	Tanami	 	 	Kalgoorlie	 	 	Martha	 	
Three months ended December 31,	  	2005	 	 	2004	 	 	2005	 	 	2004	 	 	2005	 	 	2004	 	 	2005	 	 	2004	 	 	2005	 	 	2004	 	
Tons Mined (000 dry short tons)	  	 	147	 	 	 	181	 	 	 	2,124	 	 	 	662	 	 	 	504	 	 	 	492	 	 	 	11,772	 	 	 	11,431	 	 	 	534	 	 	 	518	 	
Tons Milled/Processed (000)	  	 	159	 	 	 	208	 	 	 	661	 	 	 	624	 	 	 	773	 	 	 	1,157	 	 	 	1,768	 	 	 	1,870	 	 	 	318	 	 	 	349	 	
Average Ore Grade (oz/ton)	  	 	0.342	 	 	 	0.343	 	 	 	0.157	 	 	 	0.155	 	 	 	0.146	 	 	 	0.142	 	 	 	0.057	 	 	 	0.069	 	 	 	0.129	 	 	 	0.121	 	
Average Mill Recovery Rate	  	 	96.5	%	 	 	96.3	%	 	 	92.5	%	 	 	93.4	%	 	 	94.6	%	 	 	95.6	%	 	 	81.7	%	 	 	85.7	%	 	 	93.6	%	 	 	91.0	%	
Ounces Produced (000)	  	 	50.9	 	 	 	69.5	 	 	 	92.2	 	 	 	88.5	 	 	 	107.3	 	 	 	156.3	 	 	 	109.5	 	 	 	124.2	 	 	 	34.6	 	 	 	39.3	 	
Ounces Sold (000)	  	 	51.0	 	 	 	69.4	 	 	 	92.9	 	 	 	88.3	 	 	 	108.2	 	 	 	152.2	 	 	 	109.4	 	 	 	123.1	 	 	 	35.5	 	 	 	40.2	 	
Equity Ounces Produced (000)	  	 	50.9	 	 	 	69.5	 	 	 	92.2	 	 	 	88.5	 	 	 	107.3	 	 	 	156.3	 	 	 	109.5	 	 	 	124.2	 	 	 	34.6	 	 	 	39.3	 	
Equity Ounces Sold (000)	  	 	51.0	 	 	 	69.4	 	 	 	92.9	 	 	 	88.3	 	 	 	108.2	 	 	 	152.2	 	 	 	109.4	 	 	 	123.1	 	 	 	35.5	 	 	 	40.2	 	
Production Costs Per Ounce:	  				 				 				 				 				 				 				 				 				 				
Direct mining and production costs	  	$	245	 	 	$	226	 	 	$	261	 	 	$	250	 	 	$	309	 	 	$	301	 	 	$	453	 	 	$	295	 	 	$	256	 	 	$	269	 	
Capitalized mining and other	  	 	(6	)	 	 	(5	)	 	 	(1	)	 	 	(1	)	 	 	3	 	 	 	27	 	 	 	(82	)	 	 	(9	)	 	 	(55	)	 	 	(69	)	
Royalties and production taxes	  	 	18	 	 	 	12	 	 	 	12	 	 	 	10	 	 	 	28	 	 	 	22	 	 	 	7	 	 	 	11	 	 	 	—  	 	 	 	—  	 	
Reclamation and mine closure costs	  	 	2	 	 	 	1	 	 	 	4	 	 	 	3	 	 	 	4	 	 	 	2	 	 	 	3	 	 	 	3	 	 	 	3	 	 	 	3	 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Costs applicable to sales	  	 	259	 	 	 	234	 	 	 	276	 	 	 	262	 	 	 	344	 	 	 	352	 	 	 	381	 	 	 	300	 	 	 	204	 	 	 	203	 	
Depreciation and amortization	  	 	127	 	 	 	137	 	 	 	83	 	 	 	59	 	 	 	77	 	 	 	58	 	 	 	49	 	 	 	36	 	 	 	96	 	 	 	93	 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total production costs	  	$	386	 	 	$	371	 	 	$	359	 	 	$	321	 	 	$	421	 	 	$	410	 	 	$	430	 	 	$	336	 	 	$	300	 	 	$	296	 	

																																									
    	  	Pajingo	 	 	Yandal (1)	 	 	Tanami	 	 	Kalgoorlie	 	 	Martha	 	
Year ended December 31,	  	2005	 	 	2004	 	 	2005	 	 	2004	 	 	2005	 	 	2004	 	 	2005	 	 	2004	 	 	2005	 	 	2004	 	
Tons Mined (000 dry short tons)	  	 	629	 	 	 	652	 	 	 	14,307	 	 	 	6,982	 	 	 	2,049	 	 	 	11,654	 	 	 	45,603	 	 	 	45,459	 	 	 	2,125	 	 	 	4,142	 	
Tons Milled/Processed (000)	  	 	659	 	 	 	809	 	 	 	2,562	 	 	 	2,821	 	 	 	4,081	 	 	 	4,525	 	 	 	7,314	 	 	 	7,142	 	 	 	1,277	 	 	 	1,405	 	
Average Ore Grade (oz/ton)	  	 	0.303	 	 	 	0.300	 	 	 	0.145	 	 	 	0.133	 	 	 	0.125	 	 	 	0.149	 	 	 	0.067	 	 	 	0.072	 	 	 	0.140	 	 	 	0.102	 	
Average Mill Recovery Rate	  	 	96.6	%	 	 	96.5	%	 	 	92.2	%	 	 	92.9	%	 	 	94.8	%	 	 	95.3	%	 	 	85.6	%	 	 	86.7	%	 	 	93.0	%	 	 	90.4	%	
Ounces Produced (000)	  	 	193.0	 	 	 	241.1	 	 	 	341.6	 	 	 	354.7	 	 	 	487.5	 	 	 	640.0	 	 	 	409.4	 	 	 	453.2	 	 	 	163.5	 	 	 	129.7	 	
Ounces Sold (000)	  	 	192.0	 	 	 	251.4	 	 	 	341.8	 	 	 	379.3	 	 	 	493.7	 	 	 	658.0	 	 	 	409.6	 	 	 	468.4	 	 	 	163.4	 	 	 	130.5	 	
Equity Ounces Produced (000)	  	 	193.0	 	 	 	241.1	 	 	 	341.6	 	 	 	354.7	 	 	 	487.5	 	 	 	640.0	 	 	 	409.4	 	 	 	453.2	 	 	 	163.5	 	 	 	129.7	 	
Equity Ounces Sold (000)	  	 	192.0	 	 	 	251.4	 	 	 	341.8	 	 	 	379.3	 	 	 	493.7	 	 	 	658.0	 	 	 	409.6	 	 	 	468.4	 	 	 	163.4	 	 	 	130.5	 	
Production Costs Per Ounce:	  				 				 				 				 				 				 				 				 				 				
Direct mining and production costs	  	$	289	 	 	$	227	 	 	$	315	 	 	$	266	 	 	$	301	 	 	$	245	 	 	$	363	 	 	$	279	 	 	$	229	 	 	$	292	 	
Capitalized mining and other	  	 	(5	)	 	 	(3	)	 	 	5	 	 	 	—  	 	 	 	3	 	 	 	24	 	 	 	(25	)	 	 	8	 	 	 	(55	)	 	 	(80	)	
Royalties and production taxes	  	 	15	 	 	 	11	 	 	 	11	 	 	 	9	 	 	 	20	 	 	 	24	 	 	 	11	 	 	 	10	 	 	 	—  	 	 	 	—  	 	
Reclamation and mine closure costs	  	 	2	 	 	 	1	 	 	 	4	 	 	 	4	 	 	 	4	 	 	 	2	 	 	 	3	 	 	 	4	 	 	 	3	 	 	 	3	 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Costs applicable to sales	  	 	301	 	 	 	236	 	 	 	335	 	 	 	279	 	 	 	328	 	 	 	295	 	 	 	352	 	 	 	301	 	 	 	177	 	 	 	215	 	
Depreciation and amortization	  	 	130	 	 	 	125	 	 	 	80	 	 	 	71	 	 	 	67	 	 	 	58	 	 	 	42	 	 	 	35	 	 	 	97	 	 	 	106	 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total production costs	  	$	431	 	 	$	361	 	 	$	415	 	 	$	350	 	 	$	395	 	 	$	353	 	 	$	394	 	 	$	336	 	 	$	274	 	 	$	321	 	

(1)	2005 includes Jundee. 2004 includes Jundee and Bronzewing.	
			
NEWMONT – FOURTH QUARTER 2005 RESULTS (FEBRUARY 27, 2006)	  	Page 21 of 21	

GOLD PRODUCTION – OTHER

   	  	Golden Giant,
Canada	 	 	La Herradura,
Mexico	 	 	Kori Kollo,
Bolivia	 	 	Zarafshan,
Uzbekistan	
Three months ended December 31,	  	2005	 	 	2004	 	 	2005	 	 	2004	 	 	2005	 	 	2004	 	 	2005	  	2004	
Tons Mined (000 dry short tons)	  	 	172	 	 	 	135	 	 	 	3,038	 	 	 	3,049	 	 	 	5,305	 	 	 	n/a	 	 	 	n/a	  	 	n/a	
Tons Milled/Processed (000):	  				 				 				 				 				 				 			  			
Leach	  	 	n/a	 	 	 	n/a	 	 	 	717	 	 	 	1,038	 	 	 	4,391	 	 	 	n/a	 	 	 	2,007	  	 	1,965	
Mill	  	 	176	 	 	 	138	 	 	 	n/a	 	 	 	n/a	 	 	 	n/a	 	 	 	n/a	 	 	 	n/a	  	 	n/a	
Average Ore Grade (oz/ton)	  	 	0.309	 	 	 	0.295	 	 	 	0.031	 	 	 	0.025	 	 	 	0.014	 	 	 	n/a	 	 	 	0.035	  	 	0.037	
Average Mill Recovery Rate	  	 	95.2	%	 	 	95.6	%	 	 	n/a	 	 	 	n/a	 	 	 	n/a	 	 	 	n/a	 	 	 	n/a	  	 	n/a	
Ounces Produced (000)	  	 	45.9	 	 	 	41.7	 	 	 	19.0	 	 	 	17.4	 	 	 	46.6	 	 	 	5.7	 	 	 	30.5	  	 	38.9	
Ounces Sold (000)	  	 	46.0	 	 	 	41.6	 	 	 	19.0	 	 	 	17.4	 	 	 	49.4	 	 	 	5.6	 	 	 	29.6	  	 	39.2	
Equity Ounces Produced (000)	  	 	45.9	 	 	 	41.7	 	 	 	19.0	 	 	 	17.4	 	 	 	41.0	 	 	 	5.0	 	 	 	30.5	  	 	38.9	
Equity Ounces Sold (000)	  	 	46.0	 	 	 	41.6	 	 	 	19.0	 	 	 	17.4	 	 	 	43.5	 	 	 	4.9	 	 	 	29.6	  	 	39.2	
Production Costs Per Ounce:	  				 				 				 				 				 				 			  			
Direct mining and production costs	  	$	271	 	 	$	301	 	 	$	263	 	 	$	140	 	 	$	120	 	 	$	224	 	 	$	220	  	$	153	
Capitalized mining and other	  	 	2	 	 	 	2	 	 	 	(42	)	 	 	(23	)	 	 	(5	)	 	 	(22	)	 	 	4	  	 	4	
Royalties and production taxes	  	 	1	 	 	 	3	 	 	 	—  	 	 	 	—  	 	 	 	23	 	 	 	18	 	 	 	—  	  	 	—  	
Reclamation and mine closure costs	  	 	3	 	 	 	2	 	 	 	2	 	 	 	1	 	 	 	7	 	 	 	47	 	 	 	2	  	 	2	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	  	 	 	
Costs applicable to sales	  	 	277	 	 	 	308	 	 	 	223	 	 	 	118	 	 	 	145	 	 	 	267	 	 	 	226	  	 	159	
Depreciation and amortization	  	 	54	 	 	 	53	 	 	 	80	 	 	 	65	 	 	 	47	 	 	 	60	 	 	 	86	  	 	55	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	  	 	 	
Total production costs	  	$	331	 	 	$	361	 	 	$	303	 	 	$	183	 	 	$	192	 	 	$	327	 	 	$	312	  	$	214	

																																										
    	  	Golden Giant,
Canada	 	 	La Herradura,
Mexico	 	 	Kori Kollo,
Bolivia	  	Minahasa,
Indonesia	 	 	Zarafshan,
Uzbekistan	  	Ovacik,
Turkey	 	
Year ended December 31,	  	2005	 	 	2004	 	 	2005	 	 	2004	 	 	2005	 	 	2004	  	2005	  	2004	 	 	2005	  	2004	  	2005	  	2004	 	
Tons Mined (000 dry short tons)	  	 	576	 	 	 	515	 	 	 	13,181	 	 	 	11,557	 	 	 	14,055	 	 	 	n/a	  	n/a	  	 	n/a	 	 	 	n/a	  	 	n/a	  	n/a	  	 	4,659	 	
Tons Milled/Processed (000):	  				 				 				 				 				 			  		  				 			  			  		  				
Leach	  	 	n/a	 	 	 	n/a	 	 	 	3,510	 	 	 	4,149	 	 	 	12,712	 	 	 	n/a	  	n/a	  	 	n/a	 	 	 	7,676	  	 	7,894	  	n/a	  	 	n/a	 	
Mill	  	 	581	 	 	 	519	 	 	 	n/a	 	 	 	n/a	 	 	 	n/a	 	 	 	n/a	  	n/a	  	 	441	 	 	 	n/a	  	 	n/a	  	n/a	  	 	331	 	
Average Ore Grade (oz/ton)	  	 	0.298	 	 	 	0.309	 	 	 	0.029	 	 	 	0.026	 	 	 	0.013	 	 	 	n/a	  	n/a	  	 	0.158	 	 	 	0.035	  	 	0.042	  	n/a	  	 	0.320	 	
Average Mill Recovery Rate	  	 	95.7	%	 	 	95.2	%	 	 	n/a	 	 	 	n/a	 	 	 	n/a	 	 	 	n/a	  	n/a	  	 	90.5	%	 	 	n/a	  	 	n/a	  	n/a	  	 	95.4	%	
Ounces Produced (000)	  	 	161.8	 	 	 	160.0	 	 	 	80.2	 	 	 	68.8	 	 	 	97.4	 	 	 	25.2	  	—  	  	 	63.8	 	 	 	124.0	  	 	205.0	  	—  	  	 	104.8	 	
Ounces Sold (000)	  	 	162.0	 	 	 	160.0	 	 	 	80.2	 	 	 	68.8	 	 	 	94.5	 	 	 	24.6	  	—  	  	 	74.7	 	 	 	122.7	  	 	210.1	  	—  	  	 	110.0	 	
Equity Ounces Produced (000)	  	 	161.8	 	 	 	160.0	 	 	 	80.2	 	 	 	68.8	 	 	 	85.7	 	 	 	25.2	  	—  	  	 	59.9	 	 	 	124.0	  	 	205.0	  	—  	  	 	104.8	 	
Equity Ounces Sold (000)	  	 	162.0	 	 	 	160.0	 	 	 	80.2	 	 	 	68.8	 	 	 	83.2	 	 	 	21.7	  	—  	  	 	70.2	 	 	 	122.7	  	 	210.1	  	—  	  	 	110.0	 	
Production Costs Per Ounce:	  				 				 				 				 				 			  		  				 			  			  		  				
Direct mining and production cost	  	$	291	 	 	$	291	 	 	$	212	 	 	$	154	 	 	$	140	 	 	$	255	  	n/a	  	$	249	 	 	$	214	  	$	150	  	n/a	  	$	202	 	
Capitalized mining and other	  	 	1	 	 	 	2	 	 	 	(30	)	 	 	(8	)	 	 	(8	)	 	 	83	  	n/a	  	 	5	 	 	 	2	  	 	2	  	n/a	  	 	(11	)	
Royalties and production taxes	  	 	1	 	 	 	3	 	 	 	—  	 	 	 	—  	 	 	 	21	 	 	 	17	  	n/a	  	 	8	 	 	 	—  	  	 	—  	  	n/a	  	 	14	 	
Reclamation and mine closure cos	  	 	3	 	 	 	2	 	 	 	2	 	 	 	1	 	 	 	14	 	 	 	43	  	n/a	  	 	4	 	 	 	2	  	 	2	  	n/a	  	 	3	 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	  	 	  	 	 	 	 	 	 	  	 	 	  	 	  	 	 	 	
Costs applicable to sales	  	 	296	 	 	 	298	 	 	 	184	 	 	 	147	 	 	 	167	 	 	 	398	  	n/a	  	 	266	 	 	 	218	  	 	154	  	n/a	  	 	208	 	
Depreciation and amortization	  	 	67	 	 	 	71	 	 	 	63	 	 	 	73	 	 	 	40	 	 	 	93	  	n/a	  	 	32	 	 	 	76	  	 	49	  	n/a	  	 	143	 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	  	 	  	 	 	 	 	 	 	  	 	 	  	 	  	 	 	 	
Total production costs	  	$	363	 	 	$	369	 	 	$	247	 	 	$	220	 	 	$	207	 	 	$	491	  	n/a	  	$	298	 	 	$	294	  	$	203	  	n/a	  	$	351	 	

NEWMONT – FOURTH QUARTER 2005 RESULTS (FEBRUARY 27, 2006)	  	Page 22 of 22	

COPPER PRODUCTION – BATU HIJAU

   	  	Three months ended December 31,	 	 	Year ended December 31,	 	
Batu Hijau, Indonesia	  	2005	 	 	2004	 	 	2005	 	 	2004	 	
Total tons mined (000)	  	 	51,985	 	 	 	63,548	 	 	 	225,838	 	 	 	235,455	 	
Dry tons processed (000)	  	 	11,763	 	 	 	14,424	 	 	 	50,210	 	 	 	54,243	 	
Average copper grade	  	 	0.61	%	 	 	0.67	%	 	 	0.69	%	 	 	0.75	%	
Average recovery rate	  	 	85.0	%	 	 	84.7	%	 	 	86.7	%	 	 	87.8	%	
Copper produced (000 lbs)	  	 	120,790	 	 	 	170,919	 	 	 	596,006	 	 	 	716,939	 	
Copper sold (000 lbs)	  	 	128,691	 	 	 	164,255	 	 	 	572,749	 	 	 	683,279	 	
Equity copper produced (000 lbs)	  	 	63,868	 	 	 	90,373	 	 	 	315,138	 	 	 	397,510	 	
Equity copper sold (000 lbs)	  	 	68,045	 	 	 	86,850	 	 	 	302,841	 	 	 	378,801	 	
Production Costs Per Pound:	  				 				 				 				
Direct mining and production costs	  	$	0.52	 	 	$	0.47	 	 	$	0.47	 	 	$	0.36	 	
Capitalized mining and other	  	 	0.04	 	 	 	(0.02	)	 	 	0.04	 	 	 	0.06	 	
Royalties and production taxes	  	 	0.03	 	 	 	0.03	 	 	 	0.02	 	 	 	0.03	 	
Reclamation and mine closure costs	  	 	0.01	 	 	 	—  	 	 	 	—  	 	 	 	—  	 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Costs applicable to sales	  	 	0.60	 	 	 	0.48	 	 	 	0.53	 	 	 	0.45	 	
Depreciation and amortization	  	 	0.16	 	 	 	0.15	 	 	 	0.15	 	 	 	0.13	 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total production costs	  	$	0.76	 	 	$	0.63	 	 	$	0.68	 	 	$	0.58	 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Smelting, refining and freight costs (in millions)	  	$	48	 	 	$	31	 	 	$	161	 	 	$	121	 	
GOLD HEDGE POSITION – AS OF DECEMBER 31, 2005
CURRENT MATURITY SUMMARY (1) (3)  (000 OUNCES)

 	  	Gold Put Option
Contracts	  	Price Capped
Contracts	
Years	  	Ozs	  	Price  (2)	  	Ozs	  	Price ( 2)	
2006	  	100	  	$	338	  	—  	  	 	—  	
2007	  	20	  	$	397	  	—  	  	 	—  	
2008	  	—  	  	 	—  	  	1,000	  	$	384	
2009	  	—  	  	 	—  	  	600	  	$	381	
2010	  	—  	  	 	—  	  	—  	  	 	—  	
2011	  	—  	  	 	—  	  	250	  	$	392	
	  	 	  	 	 	  	 	  	 	 	
Total/Average	  	120	  	$	348	  	1,850	  	$	384	
	  	 	  	 	 	  	 	  	 	 	
Notes :
 
(1) 	For more detailed descriptions, definitions and explanations, refer to the Company’s Annual Report on Form 10-K for the year ended December 31, 2005.	
 
(2)	 Prices quoted are gross contract prices, which represent the gross cash flow per ounce of each contract. Not included in these prices are the additional cash outflows associated with borrowing gold over the life of the contract where the contracts are floating in nature. The rate at which gold is borrowed is determined over the life of the contract based on the prevailing market gold lease rate for the time period that the borrowing is fixed. The borrowing can be fixed for varying periods over the life of the contract.	
 
(3)	 In addition to the gold hedge positions shown in the table above, the Company entered into a prepaid forward gold sales contract in July 1999, which is reflected as debt on the Company’s consolidated balance sheets. Under the prepaid forward gold sales contract, the Company delivered its first of three annual installments of 161,111 ounces of gold in June 2005. For more detailed descriptions, definitions and explanations, refer to the Company’s Annual Report on Form 10-K for the year ended December 31, 2005.	
			
NEWMONT – FOURTH QUARTER 2005 RESULTS (FEBRUARY 27, 2006)	  	Page 23 of 23	

The Company’s fourth quarter earnings conference call and web cast presentation will be held on February 27, 2006 beginning at 4:00 p.m. Eastern Time (2:00 p.m. Mountain Time). To participate:

Dial-In Number:	  	210-234-0000	
		
Leader:	  	Randy Engel	
		
Password:	  	Newmont	
The conference call will also be simultaneously carried on our web site at www.newmont.com under Investor  Information/Presentations and will be archived there for a limited time.
Investor Contacts

Randy Engel	 	John Gaensbauer	 	Jennifer Van Dinter	
Telephone: (303) 837-6033	 	Telephone: (303) 837-5153	 	Telephone: (303) 837-5165	
Email:	 	Email:	 	Email:	
randy.engel@newmont.com	 	john.gaensbauer@newmont.com	 	jennifer.vandinter@newmont.com	
			
Media Contacts	 		 		
			
Deb Witmer	 	Heatheryn Higgins	 	Maureen Upton	
Telephone: (303) 837-5308	 	Telephone: (303) 837-5248	 	Telephone: (303) 837-5281	
Email:	 	Email:	 	Email:	
deb.witmer@newmont.com	 	heatheryn.higgins@newmont.com	 	maureen.upton@newmont.com	
Cautionary Statement
This news 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, that are intended to be covered by the safe harbor created by such sections. Such forward-looking statements include, without limitation, (i) estimates of future gold and copper production and sales; (ii) estimates of future costs applicable to sales; (iii) estimates of future capital expenditures, royalty and dividend income, tax rates and expenses; (iv) estimates regarding timing of future development, construction, production or closure activities; (v) statements regarding future exploration results and the replacement of reserves; and (vi) statements regarding cost structure and competitive position. Where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. However, forward-looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. Such risks include, but are not limited to, gold and other metals price volatility, currency fluctuations, increased production costs and variances in ore grade or recovery rates from those assumed in mining plans, political and operational risks in the countries in which we operate, and governmental regulation and judicial outcomes. For a more detailed discussion of such risks and other factors, see the Company’s 2004 Annual Report on Form 10-K, which is on file with the Securities and Exchange Commission, as well as the Company’s other SEC filings. The Company does not undertake any obligation to release publicly revisions to any “forward-looking statement,” to reflect events or circumstances after the date of this news release, or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws.
			
NEWMONT – FOURTH QUARTER 2005 RESULTS (FEBRUARY 27, 2006)	  	Page 24 of 24