Newmont Corp.

DENVER, Feb. 24, 2011 /CNW/ -- 
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Newmont Mining Corporation (NYSE: NEM) ('Newmont' or 'the Company') today announced it increased attributable gold reserves by 1.7 million ounces to 93.5 million ounces in 2010. Highlights include:

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    --  Attributable gold reserves of 93.5 million ounces, an increase of 2%
        from 2009;
    --  Average grade of gold reserves unchanged from 2009 at 0.029 ounces per
        ton;
    --  Record attributable copper reserves of 9.4 billion pounds, an increase
        of 3% from 2009; and
    --  Reserves calculated at $950 per ounce and $2.50 per pound,
        respectively.


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Attributable gold Measured and Indicated non-reserve mineralization ('NRM')(1) for 2010 was 1.3 billion tons

DENVER, Feb. 24, 2011 /CNW/ -- 
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    This release should be read in conjunction with Newmont's 2010 Form 10-K
    filed with the Securities and Exchange Commission on February 24, 2011
    (available at www.newmont.com).




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Newmont Mining Corporation (NYSE: NEM) ('Newmont' or the 'Company') today announced that net income increased 76% to $2.3 billion ($4.63 per share) in 2010, compared to $1.3 billion ($2.66 per share) in the prior year. Operating cash flow was a record $3.2 billion for 2010, compared to $2.9 billion in 2009. Adjusted net income(1) rose 39% to a record $1.9 billion ($3.85 per share) from $1.4 billion ($2.79 per share) in 2009, while the Company's gold operating margin(2) increased by 30% to $737 per ounce in 2010, from $566 per ounce in 2009.

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    2010 Highlights:

    --  Attributable gold and copper production of 5.4 million ounces and 327
        million pounds, respectively, with gold production slightly higher and
        copper production approximately 44% higher than in 2009;
    --  Record revenue of $9.5 billion, an increase of 24% from 2009;
    --  Average realized gold and copper price of $1,222 per ounce and $3.43
        per pound, respectively;
    --  Gold operating margin increase(3) of 30%, compared with an average
        realized gold price increase of 25%;
    --  Consolidated costs applicable to sales for gold and copper of $485 per
        ounce and $0.80 per pound, respectively; and
    --  Cash and cash equivalents of more than $4 billion on December 31,
2010.


    Q4 2010 Highlights:

    --  Attributable gold and copper production of 1.4 million ounces and 74
        million pounds, respectively;
    --  Average realized gold and copper price of $1,366 per ounce and $4.52
        per pound, respectively; and
    --  Costs applicable to sales for gold and copper of $512 per ounce and
        $0.95 per pound, respectively.


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'I am pleased to report that we generated record operating cash flow for the second year in a row, with our gold operating margin growing by 30% to $737 per ounce on an average realized gold price of $1,222 in 2010,' stated Richard O'Brien, President and CEO. 'As a whole, our operations performed according to

DENVER, Feb. 23, 2011 /CNW/ -- 
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The Board of Directors of Newmont Mining Corporation (NYSE: NEM) today declared a regular quarterly dividend of $0.15 per share of common stock, payable March 30, 2011 to holders of record at the close of business on March 15, 2011.

In addition, Newmont Mining Corporation of Canada Limited (TSX: NMC) today