DENVER, February 10, 2021 – Newmont Corporation (NYSE: NEM, TSX: NGT) reported gold Mineral Reserves (reserves) of 94.2 million attributable ounces for 2020 as compared to the Company’s adjusted1 95.7 million ounces at the end of 2019. Newmont exceeded its 2020 conversion target by replacing 80 percent of all depletion and maintaining its industry-leading position with the largest gold reserves.
“As the world’s leading gold company, Newmont has an exceptional history of exploration success and a track record of consistently delivering on our commitments,” said Tom Palmer, President and Chief Executive Officer. “In 2020, we added 6 million ounces of gold reserves overcoming the challenges of an unprecedented year. Newmont’s ability to replace reserves is underpinned by our disciplined operating model and world-class portfolio which will support stable production for decades to
come.”
KEY HIGHLIGHTS AND DIFFERENTIATORS:
• Industry’s largest gold Mineral Reserves of 94.2 million ounces
• Over 90 percent of gold reserves in top-tier jurisdictions
• Addition of 6 million ounces in 2020, approximately 5 million ounces added through drilling
• Gold reserve life at operating sites of >10 years underpinned by a strong base at Boddington, Tanami, Ahafo, Yanacocha, Peñasquito, and Nevada Gold Mines (NGM), and further enhanced from our seven other operating mines and equity ownership in Pueblo Viejo
• Significant gold reserves per share with 117 ounces per 1,000 shares, highest in the industry
• Measured & Indicated gold Mineral Resources of 69.6 million ounces; Inferred of 31.6 million ounces
• Significant exposure to copper with 6.9 million tonnes in reserves, 8.0 million tonnes in Measured & Indicated resources and 3.9 million tonnes in Inferred resources
• Additional exposure to silver, zinc, and lead mainly at Peñasquito

*North America includes 38.5 percent interest in Nevada Gold Mines; South America includes Newmont's 40 percent interest in Pueblo Viejo.
Newmont’s reserve base is a key differentiator with over 90 percent of gold reserves located in top-tier jurisdictions, an operating
reserve life of more than 10 years and average reserve grade of 1.03 grams per tonne. In addition, Newmont has substantial
exposure to other metals, with nearly 65 million gold equivalent ounces2
from copper, silver, zinc, lead and molybdenum.
1
Newmont’s reported 2019 gold Mineral Reserves of 100.2 million ounces, gold Measured and Indicated Mineral Resources of 76.7 million ounces, and
gold Inferred Mineral Resources of 31.3 million ounces were adjusted for the sale of Red Lake and the Company’s 50 percent interest in Kalgoorlie
Consolidated Gold Mines (KCGM), which occurred during first quarter of 2020. Combined, these sites represented approximately 4.5 million ounces of
gold Mineral Reserves and 2.6 million ounces of Measured and Indicated Mineral Resources (resources), bringing Newmont’s adjusted 2019 gold Mineral
Reserves to 95.7 million ounces and gold Measured and Indicated Mineral Resources to 74.1 million ounces. Newmont's adjusted 2019 Inferred gold
Mineral Resources were 29.4 million ounces, after removal of 1.9 million ounces for the sale of Red Lake and KCGM.
2
Gold Equivalent Ounces calculated using Mineral Reserve pricing as shown on page 5 and metallurgical recoveries for each metal on a site by site basis.

see & read more on (figures).
https://s24.q4cdn.com/382246808/files/doc_downloads/2021/02/Newmont-2020-Reserves-Release_Final.pdf