1. Newmont Tanami Overview Mining The Territory August 2014

2. Agenda 2 Site Overview Burning Platform to Rebuild Credibility Sustain Credibility Growth 3. Tanami Site Overview 4. Newmont Tanami - Location 5. Newmont Tanami Operations One of the most remote mine sites in Australia Located 550 km from Alice Springs Yuendumu 260 km to the South East Lajamanu 365 km to the North East All personnel flown in and out for rosters All freight mobilised along the Tanami Track 6. Initial discovery by Davidson 1901 Granites/Tanami deposits worked between 1910-1940. Exploration continues from 1969 into 1970s CLC deed signed for Granites in 1984 Production started in 1986 at the Granites Gold Mine Callie discovered in 1991 OP 1992- 1998 Callie Underground Mine first ore 1998 Auron first production in December 2012 Total Production of ~7Moz to date Discovery and Production History 7. Gold is primarily found as coarse nuggets in quartz veins These gold bearing veins occur in sheets, and are called 70/70 veins due to their orientation Gold is also hosted with sulphides in Auron beds 70/70 veins Deposit Geology - Mineralisation 8. Total Reserves, Resources as of 31st December 2013 Reserves 16.2Mt at 5.8g/t for 3.0M ounces Resources 9.6Mt at 6.0g/t for 1.8M ounces NTO: DBS Underground 9. Burning Platform to Rebuild Credibility 10. NTO Performance 5 Year look back 10 Safety Key Themes: Reactive approach to Incidents/Risks 2010 - transition to owner mining 2010 - Newmont Safety Journey 2012 Newmont Vital Behaviours Production Key Themes: Year on year underperformance Chocolates tomorrow Mine constrained campaign milling 2010 transition to owner operator Underground mine productivity 11. NTO Operating Environment - 2013 11 Key Themes: Shaft halted based on base plan with 2yr negative FCF @$1,500/oz Gold Price slump Valued ounces above growth at all costs Focus on Total cash sustaining cost per ounce Core vs non core.. 12. NTO Safety Results 2012 - 2013 Total Recordable Accidents decreased from 41 in 2012, to 22 in 2013 Severity rate decreased by 35% over 12 months Lost Time Injuries decreased from 18 in 2012, to 2 in 2013 0.00 1.00 2.00 3.00 4.00 5.00 0 1 2 3 4 5 6 InjuryCount Jan- 12 Feb- 12 Mar- 12 Apr- 12 May- 12 Jun- 12 Jul- 12 Aug- 12 Sep- 12 Oct- 12 Nov- 12 Dec- 12 Jan- 13 Feb- 13 Mar- 13 Apr- 13 May- 13 Jun- 13 Jul- 13 Aug- 13 Sep- 13 Oct- 13 Nov- 13 Dec- 13 LTA - Actual 4 0 3 3 3 1 1 0 1 1 0 1 0 1 1 0 0 0 0 0 0 0 0 0 RWA - Actual 0 1 0 3 0 0 2 0 0 1 1 5 5 0 1 1 0 2 1 0 1 0 0 2 MTA - Actual 2 2 0 0 0 2 1 0 0 2 1 1 1 2 0 0 0 0 0 1 0 0 2 1 6MMA TRAFR 4.02 3.34 3.62 4.21 4.20 4.14 3.73 3.16 2.78 2.39 2.23 2.89 3.28 3.95 4.25 3.90 3.62 2.72 1.77 1.37 1.20 1.00 1.44 1.67 12MMA TRAFR 3.95 3.66 3.76 4.15 4.12 4.00 3.88 3.25 3.19 3.26 3.17 3.49 3.51 3.55 3.49 3.09 2.86 2.81 2.59 2.75 2.81 2.51 2.57 2.21 TRAFR Target 0.00 3.51 3.51 3.51 3.51 3.51 3.51 3.51 3.51 3.51 3.51 3.51 2.70 2.70 2.70 2.70 2.70 2.70 2.70 2.70 2.70 2.70 2.70 2.70 Tanami - 12MMA, 6MMA TRAFR & Reportable Injuries FrequencyRate 13. NTO Operating Results - 2013 13 Key Themes: 42% increase in Ozs produced 52% increase in t.kms 30% increase in Ore mined 2% increase in recovery 9% lower operating costs 35% reduction in Total cost/oz 14. Sustain Credibility 15. NTO 2014 YTD Safety Overview Safety improvement continues: Over 1 year LTI Free Vital Behaviours imbedded Safety Interactions >100% 15 38% YTD improvement in 12MMA TRAFR Vital Behaviours imbedded 16. NTO Production and Costs Overview YTD Productivity continues to achieve stretch targets: Development 16% above budget Ore tonnes mined 14% above budget Tkms hauled 6% above budget Ore processed 13% above budget Gold production 16% above budget Cost/CSC