| NEWMONT –
THE INDUSTRY LEADER |
 |
Only S&P 500 gold stock. |
|
“No gold hedging” philosophy. |
|
Largest market capitalization and trading
liquidity. |
| |
|
| FINANCIAL
PERFORMANCE |
|
Record net cash provided by operating activities of
$1.6 billion. |
|
Industry-leading net income of $443 million and earnings
per share of $1.00. |
|
Highest average market spot gold price since 1988 of
$410 per ounce. Newmont realized $412 per ounce. |
|
Cash and marketable securities of $2.1 billion exceeded
total debt of $1.6 billion at year-end. |
|
Annual dividend per share increased 76% from 2003. |
| |
|
| OPERATING
PERFORMANCE |
|
Industry-leading 7 million equity ounces of gold sales
at total cash costs of $231 per ounce. |
|
Record gold sales of 1.6 million equity ounces at Yanacocha
in Peru. |
|
Began development of Ahafo in Ghana with production
expected in the second half of 2006. |
|
Record equity copper sales of 379 million pounds at
an average realized price of $1.33 per pound at Batu Hijau
in Indonesia. |
| |
| EXPLORATION
AND LAND POSITION |
|
Industry-leading gold reserves of 92.4 million equity
ounces at a $350 per ounce gold price assumption. |
|
Reported an additional 4 million equity ounces of reserves
in Ghana, increasing total reserves to 16 million equity
ounces. |
|
Replaced depletion in Nevada for record reserves of
34 million equity ounces. |
| |
| MERCHANT BANKING |
|
Increased royalty and dividend income by 17% to $66
million. |
|
Purchased a 6.6% interest in Canadian Oil Sands Trust
to serve as a natural hedge against rising oil prices. |
|
Increased the value of marketable equity securities
and investments to more than $500 million at year-end,
including the Canadian Oil |
|
Continued drilling to advance the prospective Alberta
“Black Gold” heavy oil project towards feasibility. |
| |
| ENVIRONMENTAL
AND SOCIAL RESPONSIBILITY |
|
Current chair of the International Council on Mining
and Metals. |
|
Signatory to the United Nations Global Compact and the
US/UK Voluntary Principles on Security and Human Rights. |
|
Participant in the Extractive Industries Transparency
Initiative and the World Economic Forum’s Partnering
Against Corruption Initiative. |
