Newmont also Added New Reserves at Merian and New Resources at Long Canyon
DENVER, Feb. 21, 2013 /CNW/ - Newmont Mining Corporation (NYSE: NEM) ("Newmont" or "the Company") today announced it increased attributable gold reserves by 0.4 million ounces, net of depletion, to 99.2 million ounces in 2012. Highlights include:
"We are pleased to announce 6.6 million ounces of gold reserve additions in 2012 at higher grades than depleted, with 2.9 million ounces of new reserves declared at Merian in Suriname," said Gary Goldberg, President and Chief Operating Officer. "We also declared 2.6 million ounces of gold inferred resource at Long Canyon in Nevada," Goldberg added.
Gold and copper reserves1 were calculated at $1,400 per ounce, and $3.25 per pound, respectively. A $100 increase in gold price would result in an approximate 2.8% increase in gold reserves while a $100 decrease in gold price would result in an approximate 7.6% decrease in gold reserves. Gold and copper price related reserve additions accounted for 1.5 million ounces of gold and approximately 0.1 billion pounds of copper in 2012, as highlighted in the following charts.
1For detailed information on the Company's year-end attributable Proven and Probable Reserves and Measured, Indicated and Inferred Resources, please refer to the Supplemental Information and the cautionary statement at the end of this release.
(Photo: http://photos.prnewswire.com/prnh/20130221/LA64354-INFO-a)
Attributable measured and indicated gold resources for 2012 were 22.3 million ounces. In addition, attributable inferred gold resources were 17.9 million ounces. Attributable measured and indicated copper resources for 2012 were 2.2 billion pounds. In addition, attributable inferred copper resources were 970 million pounds. Gold and copper resources were calculated using prices of $1,600 per ounce and $3.50 per pound, respectively.
Attributable proven and probable silver reserves for 2012 were 186 million ounces. Attributable measured and indicated silver resources for 2012 were 53 million ounces, with additional inferred silver resources of 35 million ounces. Silver reserves and resources were calculated using prices of $30 and $35 per ounce, respectively.
Exploration: 2013 Planned Activity
Newmont's 2013 attributable exploration budget is $249 million, with over 40% allocated to North America, and the balance split between Asia Pacific, Africa, South America, and other strategic programs, as shown in the chart below. Of the total attributable exploration budget, approximately three quarters is expected to be focused on brownfields exploration activity, with the balance targeted on greenfields programs.
(Photo: http://photos.prnewswire.com/prnh/20130221/LA64354-INFO-b)
22013 Opportunity Fund budget to be allocated regionally to the highest ranking projects identified throughout the course of the year, consistent with prior year practice.
Reserve and Resource Tables
Proven and Probable reserves are based on extensive drilling, sampling, mine modeling and metallurgical testing from which we determined economic feasibility. Metal price assumptions follow SEC guidance not to exceed a three year trailing average. The price sensitivity of reserves depends upon several factors including grade, metallurgical recovery, operating cost, waste-to-ore ratio and ore type. Metallurgical recovery rates vary depending on the metallurgical properties of each deposit and the production process used. The reserve tables included in this release list the average metallurgical recovery rate for each deposit, which takes into account the relevant processing methods. The cut-off grade, or lowest grade of mineralized material considered economic to process, varies with material type, price, metallurgical recoveries, operating costs and co- or by-product credits. The Proven and Probable reserve figures presented herein are estimates based on information available at the time of calculation. No assurance can be given that the indicated levels of recovery of gold and copper will be realized. Ounces of gold and silver or pounds of copper included in the proven and probable reserves are calculated without regard to any losses during metallurgical treatment. Reserve estimates may require revision based on actual production. Market fluctuations in the price of gold and copper, as well as increased production costs or reduced metallurgical recovery rates, could render certain proven and probable reserves containing relatively lower grades of mineralization uneconomic to exploit and might result in a reduction of reserves.
The Measured, Indicated, and Inferred resource figures presented herein are estimates based on information available at the time of calculation and are exclusive of reserves. A 'Mineral Resource' is a concentration or occurrence of solid material of economic interest in or on the Earth's crust in such form, grade or quality and quantity that there are reasonable prospects for eventual economic extraction. The location, quantity, grade or quality, continuity and other geological characteristics of a Mineral Resource are known, estimated or interpreted from specific geological evidence and knowledge, including sampling. Mineral Resources are sub-divided, in order of increasing geological confidence, into Inferred, Indicated and Measured categories. Ounces of gold and silver or pounds of copper included in the Measured, Indicated and Inferred resources are calculated without regard to any losses during metallurgical treatment. Market fluctuations in the price of gold and copper, as well as increased production costs or reduced metallurgical recovery rates, could change future estimates of resources.
We publish reserves and resources annually, and will recalculate reserves and resources at December 31, 2013, taking into account metal prices, changes, if any, in future production and capital costs, divestments and depletion as well as any acquisitions and additions during 2013.
Attributable Proven, Probable, and Combined Gold Reserves(1),U.S Units |
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December 31, 2012 |
December 31, 2011 |
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Deposits/Districts by Reporting Unit |
|
Proven Reserves |
Probable Reserves |
Proven and Probable Reserves |
Metallurgical Recovery |
Proven + Probable Reserves |
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Newmont Share |
Tonnage |
Grade |
Gold |
Tonnage |
Grade |
Gold |
Tonnage |
Grade |
Gold |
|
Tonnage |
Grade |
Gold |
|||||
|
(x1000 tons) |
(oz/ton) |
(x1000 ozs) |
(x1000 tons) |
(oz/ton) |
(x1000 ozs) |
(x1000 tons) |
(oz/ton) |
(x1000 ozs) |
|
(x1000 tons) |
(oz/ton) |
(x1000 ozs) |
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North America |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
|
Carlin Open Pits, Nevada |
100% |
82,100 |
0.059 |
4,810 |
231,100 |
0.030 |
6,840 |
313,200 |
0.037 |
11,650 |
74% |
331,700 |
0.038 |
12,620 |
|||
|
Carlin Underground, Nevada |
100% |
14,500 |
0.252 |
3,650 |
9,000 |
0.285 |
2,580 |
23,500 |
0.265 |
6,230 |
86% |
18,000 |
0.282 |
5,090 |
|||
|
Midas, Nevada |
100% |
200 |
0.191 |
30 |
400 |
0.055 |
20 |
600 |
0.095 |
50 |
90% |
800 |
0.226 |
160 |
|||
|
Phoenix, Nevada |
100% |
22,700 |
0.019 |
440 |
417,200 |
0.017 |
6,990 |
439,900 |
0.017 |
7,430 |
73% |
447,100 |
0.016 |
7,250 |
|||
|
Twin Creeks, Nevada |
100% |
7,100 |
0.101 |
720 |
51,200 |
0.052 |
2,680 |
58,300 |
0.058 |
3,400 |
80% |
48,300 |
0.078 |
3,780 |
|||
|
Turquoise Ridge, Nevada(2) |
25% |
2,200 |
0.396 |
860 |
2,900 |
0.370 |
1,080 |
5,100 |
0.381 |
1,940 |
92% |
4,000 |
0.442 |
1,760 |
|||
|
Nevada In-Process(3) |
100% |
25,500 |
0.018 |
450 |
0 |
|
0 |
25,500 |
0.018 |
450 |
64% |
23,000 |
0.020 |
460 |
|||
|
Nevada Stockpiles(4) |
100% |
68,900 |
0.055 |
3,830 |
3,400 |
0.026 |
90 |
72,300 |
0.054 |
3,920 |
75% |
68,200 |
0.052 |
3,530 |
|||
|
|
|
Total Nevada |
|
223,200 |
0.066 |
14,790 |
715,200 |
0.028 |
20,280 |
938,400 |
0.037 |
35,070 |
77% |
941,100 |
0.037 |
34,650 |
|
|
La Herradura, Mexico |
44% |
85,500 |
0.017 |
1,470 |
72,600 |
0.016 |
1,140 |
158,100 |
0.017 |
2,610 |
67% |
111,400 |
0.021 |
2,330 |
|||
TOTAL NORTH AMERICA |
|
308,700 |
0.053 |
16,260 |
787,800 |
0.027 |
21,420 |
1,096,500 |
0.034 |
37,680 |
77% |
1,052,500 |
0.035 |
36,980 |
||||
South America |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
|
Conga, Peru(5) |
51.35% |
0 |
|
0 |
303,400 |
0.021 |
6,460 |
303,400 |
0.021 |
6,460 |
75% |
303,400 |
0.021 |
6,460 |
|||
|
Yanacocha Open Pits(6) |
51.35% |
23,000 |
0.057 |
1,310 |
73,400 |
0.014 |
1,050 |
96,400 |
0.024 |
2,360 |
73% |
119,900 |
0.030 |
3,570 |
|||
|
Yanacocha In-Process(3) |
51.35% |
8,600 |
0.026 |
220 |
0 |
|
0 |
8,600 |
0.026 |
220 |
78% |
15,200 |
0.025 |
390 |
|||
|
Yanacocha Stockpiles(4) |
51.35% |
8,400 |
0.054 |
460 |
0 |
|
0 |
8,400 |
0.054 |
460 |
60% |
Not Disclosed in 2011 |
|||||
|
|
|
Total Yanacocha, Peru |
51.35% |
40,000 |
0.050 |
1,990 |
73,400 |
0.014 |
1,050 |
113,400 |
0.027 |
3,040 |
72% |
135,100 |
0.029 |
3,960 |
|
|
La Zanja, Peru(7) |
46.94% |
1,700 |
0.021 |
40 |
10,800 |
0.017 |
190 |
12,500 |
0.018 |
230 |
66% |
21,400 |
0.016 |
330 |
|||
|
Merian, Suriname(8) |
80% |
0 |
|
0 |
79,800 |
0.036 |
2,850 |
79,800 |
0.036 |
2,850 |
93% |
|
|
|
|||
TOTAL SOUTH AMERICA |
|
41,700 |
0.048 |
2,030 |
467,400 |
0.023 |
10,550 |
509,100 |
0.025 |
12,580 |
78% |
459,900 |
0.023 |
10,750 |
||||
Asia Pacific |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
|
Batu Hijau Open Pit(9) |
48.5% |
131,300 |
0.017 |
2,170 |
166,600 |
0.006 |
940 |
297,900 |
0.010 |
3,110 |
76% |
323,700 |
0.010 |
3,150 |
|||
|
Batu Hijau Stockpiles(4)(5)(9) |
48.5% |
0 |
|
0 |
140,600 |
0.003 |
440 |
140,600 |
0.003 |
440 |
70% |
156,900 |
0.003 |
490 |
|||
|
|
|
Total Batu Hijau, Indonesia |
48.5% |
131,300 |
0.017 |
2,170 |
307,200 |
0.004 |
1,380 |
438,500 |
0.008 |
3,550 |
76% |
480,600 |
0.008 |
3,640 |
|
|
Boddington, Western Australia |
100% |
117,100 |
0.020 |
2,390 |
813,400 |
0.019 |
15,270 |
930,500 |
0.019 |
17,660 |
81% |
1,053,500 |
0.019 |
19,490 |
|||
|
Boddington Stockpiles |
100% |
32,000 |
0.017 |
540 |
31,800 |
0.013 |
400 |
63,800 |
0.015 |
940 |
81% |
0 |
|
0 |
|||
|
|
|
Total Boddington, Western Australia |
100% |
149,100 |
0.020 |
2,930 |
845,200 |
0.019 |
15,670 |
994,300 |
0.019 |
18,600 |
81% |
1,053,500 |
0.019 |
19,490 |
|
|
Duketon, Western Australia(10) |
19.75% |
1,500 |
0.044 |
70 |
11,100 |
0.045 |
500 |
12,600 |
0.045 |
570 |
95% |
10,800 |
0.045 |
490 |
|||
|
Jundee, Western Australia |
100% |
2,300 |
0.090 |
210 |
1,600 |
0.188 |
300 |
3,900 |
0.130 |
510 |
91% |
3,800 |
0.174 |
650 |
|||
|
Kalgoorlie Open Pit and Underground |
50% |
11,700 |
0.059 |
690 |
38,700 |
0.056 |
2,180 |
50,400 |
0.057 |
2,870 |
85% |
55,000 |
0.057 |
3,140 |
|||
|
Kalgoorlie Stockpiles(4)(5) |
50% |
57,900 |
0.023 |
1,330 |
0 |
|
0 |
57,900 |
0.023 |
1,330 |
83% |
53,900 |
0.023 |
1,260 |
|||
|
|
|
Total Kalgoorlie, Western Australia |
50% |
69,600 |
0.029 |
2,020 |
38,700 |
0.056 |
2,180 |
108,300 |
0.039 |
4,200 |
84% |
108,900 |
0.040 |
4,400 |
|
|
Tanami, Northern Territory |
100% |
5,000 |
0.174 |
860 |
8,900 |
0.153 |
1,360 |
13,900 |
0.161 |
2,220 |
95% |
16,700 |
0.152 |
2,520 |
|||
|
Waihi, New Zealand |
100% |
100 |
0.175 |
20 |
2,900 |
0.097 |
280 |
3,000 |
0.101 |
300 |
89% |
3,200 |
0.112 |
360 |
|||
TOTAL ASIA PACIFIC |
|
358,900 |
0.023 |
8,280 |
1,215,600 |
0.018 |
21,670 |
1,574,500 |
0.019 |
29,950 |
82% |
1,677,500 |
0.019 |
31,550 |
||||
Africa |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||
|
Ahafo Open Pits(11) |
100% |
0 |
|
0 |
183,100 |
0.055 |
10,150 |
183,100 |
0.055 |
10,150 |
88% |
194,700 |
0.055 |
10,790 |
|||
|
Ahafo Underground(12) |
100% |
0 |
0.000 |
0 |
4,900 |
0.13 |
630 |
4,900 |
0.129 |
630 |
92% |
5,900 |
0.112 |
660 |
|||
|
Ahafo Stockpiles(4) |
100% |
27,200 |
0.030 |
800 |
0 |
|
0 |
27,200 |
0.030 |
800 |
86% |
21,000 |
0.030 |
630 |
|||
|
|
|
Total Ahafo, Ghana |
100% |
27,200 |
0.030 |
800 |
188,000 |
0.057 |
10,780 |
215,200 |
0.054 |
11,580 |
88% |
221,600 |
0.055 |
12,080 |
|
|
Akyem, Ghana(13) |
100% |
300 |
0.097 |
20 |
144,300 |
0.051 |
7,360 |
144,600 |
0.051 |
7,380 |
88% |
144,500 |
0.051 |
7,390 |
|||
TOTAL AFRICA |
|
27,500 |
0.030 |
820 |
332,300 |
0.055 |
18,140 |
359,800 |
0.053 |
18,960 |
88% |
366,100 |
0.053 |
19,470 |
||||
TOTAL NEWMONT WORLDWIDE |
|
736,800 |
0.037 |
27,390 |
2,803,100 |
0.026 |
71,780 |
3,539,900 |
0.028 |
99,170 |
81% |
3,556,000 |
0.028 |
98,750 |
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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(1) |
Reserves are calculated at a a gold price of US$1,400, A$1,400, or NZ$1,800 per ounce unless otherwise noted. 2011 reserves were calculated at a gold price of US$1,200, A$1,250, or NZ$1,600 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. |
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(2) |
Reserve estimates provided by Barrick, the operator of the Turquoise Ridge Joint Venture. |
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(3) |
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. |
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(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. 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. |
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(5) |
Project is under development. |
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(6) |
Reserves include the currently undeveloped deposit at La Quinua Sur and Marleny, which contains reserves of 0.5 million attributable ounces. |
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(7) |
Reserves estimates were provided by Buenaventura, the operator of the La Zanja project. |
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(8) |
Project has completed Feasibility and awaits construction decision. Percentage reflects Newmont's economic interest at the time of Reserve declaration. Mineral agreement with the Government of Suriname allows the government to purchase up to 25% interest in the project within 60 days after exploitation license is issued, which is expected in early 2013. |
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(9) |
Percentage reflects Newmont's economic interest as of December 31, 2012. |
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(10) |
Reserve estimates provided by Regis Resources Ltd, in which Newmont holds a 19.75% interest. |
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(11) |
Includes undeveloped reserves at Yamfo South, Yamfo Central, Techire West, Subenso South, Subenso North, Yamfo Northeast, and Susuan totaling 3.2 million ounces. |
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(12) |
Subika Underground project is under development. |
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(13) |
Project is under development. |
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Attributable Proven, Probable, and Combined Gold Reserves(1), Metric Units |
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December 31, 2012 |
December 31, 2011 |
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Deposits/Districts by Reporting Unit |
|
Proven Reserves |
Probable Reserves |
Proven and Probable Reserves |
Metallurgical Recovery |
Proven + Probable Reserves |
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Newmont Share |
Tonnage |
Grade |
Gold |
Tonnage |
Grade |
Gold |
Tonnage |
Grade |
Gold |
|
Tonnage |
Grade |
Gold |
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|
(x1000 tonnes) |
(g/tonne) |
(x1000 ozs) |
(x1000 tonnes) |
(g/tonne) |
(x1000 ozs) |
(x1000 tonnes) |
(g/tonne) |
(x1000 ozs) |
|
(x1000 tonnes) |
(g/tonne) |
(x1000 ozs) |
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North America |
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|
Carlin Open Pits, Nevada |
100% |
74,500 |
2.01 |
4,810 |
209,700 |
1.01 |
6,840 |
284,200 |
1.28 |
11,650 |
74% |
300,900 |
1.30 |
12,620 |
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Carlin Underground, Nevada |
100% |
13,100 |
8.66 |
3,650 |
8,200 |
9.78 |
2,580 |
21,300 |
9.09 |
6,230 |
86% |
16,400 |
9.66 |
5,090 |
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|
Midas, Nevada |
100% |
100 |
6.54 |
30 |
400 |
1.90 |
20 |
500 |
3.25 |
50 |
90% |
700 |
7.76 |
160 |
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|
Phoenix, Nevada |
100% |
20,600 |
0.66 |
440 |
378,400 |
0.57 |
6,990 |
399,000 |
0.58 |
7,430 |
73% |
405,700 |
0.56 |
7,250 |
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Twin Creeks, Nevada |
100% |
6,400 |
3.47 |
720 |
46,500 |
1.79 |
2,680 |
52,900 |
2.00 |
3,400 |
80% |
43,800 |
2.69 |
3,780 |
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Turquoise Ridge, Nevada(2) |
25% |
2,000 |
13.59 |
860 |
2,700 |
12.68 |
1,080 |
4,700 |
13.07 |
1,940 |
92% |
3,600 |
15.14 |
1,760 |
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Nevada In-Process(3) |
100% |
23,200 |
0.61 |
450 |
0 |
|
0 |
23,200 |
0.61 |
450 |
64% |
20,800 |
0.69 |
460 |
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Nevada Stockpiles(4) |
100% |
62,500 |
1.90 |
3,830 |
3,000 |
0.91 |
90 |
65,500 |
1.86 |
3,920 |
75% |
61,900 |
1.77 |
3,530 |
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Total Nevada |
|
202,400 |
2.27 |
14,790 |
648,900 |
0.97 |
20,280 |
851,300 |
1.28 |
35,070 |
77% |
853,800 |
1.26 |
34,650 |
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La Herradura, Mexico |
44% |
77,500 |
0.59 |
1,470 |
65,900 |
0.54 |
1,140 |
143,400 |
0.57 |
2,610 |
67% |
101,100 |
0.72 |
2,330 |
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TOTAL NORTH AMERICA |
|
279,900 |
1.81 |
16,260 |
714,800 |
0.93 |
21,420 |
994,700 |
1.18 |
37,680 |
77% |
954,900 |
1.20 |
36,980 |
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South America |
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Conga, Peru(5) |
51.35% |
0 |
|
0 |
275,200 |
0.73 |
6,460 |
275,200 |
0.73 |
6,460 |
75% |
275,200 |
0.73 |
6,460 |
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Yanacocha Open Pits(6) |
51.35% |
20,900 |
1.95 |
1,310 |
66,600 |
0.49 |
1,050 |
87,500 |
0.84 |
2,360 |
73% |
108,800 |
1.02 |
3,570 |
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Yanacocha In-Process(3) |
51.35% |
7,800 |
0.88 |
220 |
0 |
|
0 |
7,800 |
0.88 |
220 |
78% |
13,800 |
0.87 |
390 |
|||
|
Yanacocha Stockpiles(4) |
51.35% |
7,600 |
1.86 |
460 |
0 |
|
0 |
7,600 |
1.86 |
460 |
60% |
Not Disclosed in 2011 |
|||||
|
|
|
Total Yanacocha, Peru |
51.35% |
36,300 |
1.70 |
1,990 |
66,600 |
0.49 |
1,050 |
102,900 |
0.92 |
3,040 |
72% |
122,600 |
1.00 |
3,960 |
|
|
La Zanja, Peru(7) |
46.94% |
1,600 |
0.71 |
40 |
9,800 |
0.60 |
190 |
11,400 |
0.61 |
230 |
66% |
19,400 |
0.54 |
330 |
|||
|
Merian, Suriname(8) |
80% |
0 |
|
0 |
72,400 |
1.22 |
2,850 |
72,400 |
1.22 |
2,850 |
93% |
0 |
|
0 |
|||
TOTAL SOUTH AMERICA |
|
37,900 |
1.66 |
2,030 |
424,000 |
0.77 |
10,550 |
461,900 |
0.85 |
12,580 |
78% |
417,200 |
0.80 |
10,750 |
||||
Asia Pacific |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
|
Batu Hijau Open Pit(9) |
48.5% |
119,100 |
0.57 |
2,170 |
151,100 |
0.19 |
940 |
270,200 |
0.36 |
3,110 |
76% |
293,600 |
0.33 |
3,150 |
|||
|
Batu Hijau Stockpiles(5)(9) |
48.5% |
0 |
|
0 |
127,600 |
0.11 |
440 |
127,600 |
0.11 |
440 |
70% |
142,400 |
0.11 |
490 |
|||
|
|
|
Total Batu Hijau, Indonesia |
48.5% |
119,100 |
0.57 |
2,170 |
278,700 |
0.15 |
1,380 |
397,800 |
0.28 |
3,550 |
76% |
436,000 |
0.26 |
3,640 |
|
|
Boddington, Western Australia |
100% |
106,200 |
0.70 |
2,390 |
737,900 |
0.64 |
15,270 |
844,100 |
0.65 |
17,660 |
81% |
955,700 |
0.63 |
19,490 |
|||
|
Boddington Stockpiles |
100% |
29,000 |
0.58 |
540 |
28,800 |
0.43 |
400 |
57,800 |
0.50 |
940 |
81% |
Not Disclosed in 2011 |
|||||
|
|
|
Total Boddington, Western Australia |
100% |
135,200 |
0.67 |
2,930 |
766,700 |
0.64 |
15,670 |
901,900 |
0.64 |
18,600 |
81% |
955,700 |
0.80 |
19,490 |
|
|
Duketon, Western Australia(10) |
19.75% |
1,400 |
1.51 |
70 |
10,100 |
1.53 |
500 |
11,500 |
1.53 |
570 |
95% |
9,800 |
1.54 |
490 |
|||
|
Jundee, Western Australia |
100% |
2,100 |
3.10 |
210 |
1,500 |
6.43 |
300 |
3,600 |
4.46 |
510 |
91% |
3,400 |
5.95 |
650 |
|||
|
Kalgoorlie Open Pit and Underground |
50% |
10,600 |
2.02 |
690 |
35,100 |
1.93 |
2,180 |
45,700 |
1.95 |
2,870 |
85% |
49,900 |
1.96 |
3,140 |
|||
|
Kalgoorlie Stockpiles(5) |
50% |
52,500 |
0.79 |
1,330 |
0 |
|
0 |
52,500 |
0.79 |
1,330 |
83% |
48,900 |
0.80 |
1,260 |
|||
|
|
|
Total Kalgoorlie, Western Australia |
50% |
63,100 |
1.00 |
2,020 |
35,100 |
1.93 |
2,180 |
98,200 |
1.33 |
4,200 |
84% |
98,800 |
1.38 |
4,400 |
|
|
Tanami, Northern Territory |
100% |
4,500 |
5.97 |
860 |
8,100 |
5.25 |
1,360 |
12,600 |
5.51 |
2,220 |
95% |
15,100 |
5.20 |
2,520 |
|||
|
Waihi, New Zealand |
100% |
100 |
6.01 |
20 |
2,600 |
3.34 |
280 |
2,700 |
3.45 |
300 |
89% |
2,900 |
3.85 |
360 |
|||
TOTAL ASIA PACIFIC |
|
325,500 |
0.79 |
8,280 |
1,102,800 |
0.61 |
21,670 |
1,428,300 |
0.65 |
29,950 |
82% |
1,521,700 |
0.65 |
31,550 |
||||
Africa |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||
|
Ahafo Open Pits(11) |
100% |
0 |
|
0 |
166,100 |
1.90 |
10,150 |
166,100 |
1.90 |
10,150 |
88% |
176,600 |
1.90 |
10,790 |
|||
|
Ahafo Underground(12) |
100% |
0 |
|
0 |
4,400 |
4.43 |
630 |
4,400 |
4.43 |
630 |
92% |
5,300 |
3.82 |
660 |
|||
|
Ahafo Stockpiles(4) |
100% |
24,700 |
1.01 |
800 |
0 |
|
0 |
24,700 |
1.01 |
800 |
86% |
19,100 |
1.03 |
630 |
|||
|
|
|
Total Ahafo, Ghana |
100% |
24,700 |
1.01 |
800 |
170,500 |
1.97 |
10,780 |
195,200 |
1.85 |
11,580 |
88% |
201,000 |
1.87 |
12,080 |
|
|
Akyem, Ghana(13) |
100% |
200 |
3.33 |
20 |
130,900 |
1.75 |
7,360 |
131,100 |
1.75 |
7,380 |
88% |
131,100 |
1.75 |
7,390 |
|||
TOTAL AFRICA |
|
24,900 |
1.03 |
820 |
301,400 |
1.87 |
18,140 |
326,300 |
1.81 |
18,960 |
88% |
332,100 |
1.82 |
19,470 |
||||
TOTAL NEWMONT WORLDWIDE |
|
668,200 |
1.27 |
27,390 |
2,543,000 |
0.88 |
71,780 |
3,211,200 |
0.96 |
99,170 |
81% |
3,225,900 |
0.95 |
98,750 |
||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
See Footnotes under Gold Reserves U.S. units table. |
Attributable Gold Mineral Resources(1)(2)- December 31, 2012, U.S. Units |
|||||||||||||||||
|
|
|
|
|
|
Gold Measured Resource |
Gold Indicated Resource |
Gold Measured + Indicated Resource(3) |
Gold Inferred Resource |
||||||||
Deposits/Districts |
Newmont Share |
Tonnage |
Grade |
Au |
Tonnage |
Grade |
Au |
Tonnage |
Grade |
Au |
Tonnage |
Grade |
Au |
||||
(x1000 tons) |
(oz/ton) |
(x1000 ozs) |
(x1000 tons) |
(oz/ton) |
(x1000 ozs) |
(x1000 tons) |
(oz/ton) |
(x1000 ozs) |
(x1000 tons) |
(oz/ton) |
(x1000 ozs) |
||||||
North America |
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
|
|
Buffalo Valley, Nevada |
70% |
0 |
|
0 |
17,900 |
0.018 |
330 |
17,900 |
0.018 |
330 |
600 |
0.010 |
10 |
||
|
|
Carlin Trend Open Pit, Nevada |
100% |
26,200 |
0.036 |
940 |
62,700 |
0.023 |
1,430 |
88,900 |
0.027 |
2,370 |
18,900 |
0.018 |
350 |
||
|
|
Carlin Trend Underground, Nevada |
100% |
500 |
0.148 |
70 |
800 |
0.199 |
170 |
1,300 |
0.180 |
240 |
4,000 |
0.26 |
1,020 |
||
|
|
Lone Tree Complex, Nevada |
100% |
0 |
|
0 |
2,200 |
0.023 |
50 |
2,200 |
0.023 |
50 |
5,000 |
0.016 |
80 |
||
|
|
Long Canyon, Nevada |
100% |
0 |
|
0 |
0 |
|
0 |
0 |
|
0 |
27,900 |
0.094 |
2,630 |
||
|
|
Midas, Nevada |
100% |
0 |
0.149 |
0 |
100 |
0.039 |
0 |
100 |
0.056 |
0 |
300 |
0.07 |
20 |
||
|
|
Phoenix, Nevada |
100% |
6,300 |
0.015 |
90 |
191,800 |
0.013 |
2,430 |
198,100 |
0.013 |
2,520 |
117,200 |
0.012 |
1,390 |
||
|
|
Sandman, Nevada |
100% |
0 |
|
0 |
1,300 |
0.036 |
50 |
1,300 |
0.036 |
50 |
1,100 |
0.063 |
70 |
||
|
|
Turquoise Ridge, Nevada(4) |
25% |
500 |
0.365 |
200 |
500 |
0.328 |
160 |
1,000 |
0.347 |
360 |
900 |
0.42 |
380 |
||
|
|
Twin Creeks, Nevada |
100% |
5,100 |
0.070 |
350 |
36,800 |
0.058 |
2,120 |
41,900 |
0.059 |
2,470 |
3,900 |
0.061 |
240 |
||
|
|
Nevada Stockpiles, Nevada (5) |
100% |
5,800 |
0.037 |
210 |
0 |
|
0 |
5,800 |
0.037 |
210 |
2,300 |
0.043 |
100 |
||
|
|
|
Total Nevada |
|
44,400 |
0.042 |
1,860 |
314,100 |
0.021 |
6,740 |
358,500 |
0.024 |
8,600 |
182,100 |
0.034 |
6,290 |
|
|
|
La Herradura, Mexico |
44% |
30,600 |
0.020 |
610 |
39,900 |
0.017 |
670 |
70,500 |
0.018 |
1,280 |
59,400 |
0.016 |
940 |
||
Total North America |
|
75,000 |
0.033 |
2,470 |
354,000 |
0.021 |
7,410 |
429,000 |
0.023 |
9,880 |
241,500 |
0.030 |
7,230 |
||||
South America |
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
|
|
Conga, Peru |
51.35% |
0 |
0.000 |
0 |
89,300 |
0.012 |
1,030 |
89,300 |
0.012 |
1,030 |
130,500 |
0.011 |
1,480 |
||
|
|
Yanacocha, Peru |
51.35% |
13,000 |
0.040 |
520 |
24,400 |
0.016 |
400 |
37,400 |
0.025 |
920 |
93,800 |
0.025 |
2,360 |
||
|
|
La Zanja, Peru (6) |
46.94% |
0 |
0.006 |
0 |
400 |
0.007 |
0 |
400 |
0.007 |
0 |
2,800 |
0.017 |
50 |
||
|
|
Merian, Suriname |
80% |
0 |
|
0 |
4,100 |
0.056 |
230 |
4,100 |
0.056 |
230 |
30,000 |
0.030 |
910 |
||
Total South America |
|
13,000 |
0.040 |
520 |
118,200 |
0.014 |
1,660 |
131,200 |
0.017 |
2,180 |
257,100 |
0.019 |
4,800 |
||||
Asia Pacific |
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
|
|
Batu Hijau, Indonesia(7) |
48.5% |
8,100 |
0.018 |
150 |
141,300 |
0.007 |
1,040 |
149,400 |
0.008 |
1,190 |
27,600 |
0.002 |
50 |
||
|
|
Boddington, Western Australia |
100% |
35,500 |
0.015 |
540 |
225,900 |
0.013 |
3,010 |
261,400 |
0.014 |
3,550 |
15,600 |
0.015 |
240 |
||
|
|
Duketon, Western Australia(8) |
19.75% |
700 |
0.016 |
10 |
10,200 |
0.023 |
240 |
10,900 |
0.023 |
250 |
24,200 |
0.026 |
640 |
||
|
|
Jundee, Western Australia |
100% |
0 |
|
0 |
300 |
0.108 |
30 |
300 |
0.108 |
30 |
500 |
0.138 |
70 |
||
|
|
Kalgoorlie, Western Australia |
50% |
5,300 |
0.038 |
200 |
15,900 |
0.034 |
540 |
21,200 |
0.035 |
740 |
400 |
0.076 |
30 |
||
|
|
McPhilliamys, New South Wales(8) |
19.75% |
0 |
|
0 |
9,000 |
0.037 |
330 |
9,000 |
0.037 |
330 |
3,500 |
0.046 |
160 |
||
|
|
Tanami, Northern Territories |
100% |
900 |
0.129 |
110 |
2,800 |
0.116 |
330 |
3,700 |
0.119 |
440 |
7,100 |
0.193 |
1,370 |
||
|
|
Waihi, New Zealand |
100% |
0 |
|
0 |
1,800 |
0.267 |
480 |
1,800 |
0.267 |
480 |
800 |
0.192 |
150 |
||
Total Asia Pacific |
|
50,500 |
0.020 |
1,010 |
407,200 |
0.015 |
6,000 |
457,700 |
0.015 |
7,010 |
79,700 |
0.034 |
2,710 |
||||
Africa |
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
|
|
Ahafo, Ghana |
100.0% |
0 |
|
0 |
83,200 |
0.037 |
3,050 |
83,200 |
0.037 |
3,050 |
42,500 |
0.042 |
1,770 |
||
|
|
|
Subika Underground |
100.0% |
0 |
|
0 |
0 |
0.000 |
0 |
0 |
0.000 |
0 |
9,400 |
0.136 |
1,280 |
|
|
|
Total Ahafo |
100.0% |
0 |
|
0 |
83,200 |
0.037 |
3,050 |
83,200 |
0.037 |
3,050 |
51,900 |
0.059 |
3,050 |
||
|
|
Akyem, Ghana |
100.0% |
0 |
|
0 |
13,300 |
0.016 |
210 |
13,300 |
0.016 |
210 |
3,400 |
0.030 |
100 |
||
Total Africa |
|
0 |
|
0 |
96,500 |
0.034 |
3,260 |
96,500 |
0.034 |
3,260 |
55,300 |
0.057 |
3,150 |
||||
TOTAL NEWMONT WORLDWIDE |
138,500 |
0.029 |
4,000 |
975,900 |
0.019 |
18,330 |
1,114,400 |
0.020 |
22,330 |
633,600 |
0.028 |
17,890 |
|||||
(1) |
Resources are reported exclusive of reserves. |
||||||||||||||||
(2) |
Resources calculated at a gold price of US$1,600 or A$1,600 per ounce unless otherwise noted. 2011 Resources were calculated at a gold price of US$1,400 or A$1,475 per ounce. Tonnage amounts have been rounded to the nearest 100,000 and pounds have been rounded to the nearest 10 thousand. |
||||||||||||||||
(3) |
Measured and Indicated combined Resources are equivalent to Mineralized Material disclosed in Newmont's 10K filing. |
||||||||||||||||
(4) |
Resource estimates provided by Barrick, the operator of the Turquoise Ridge joint venture. |
|
|
||||||||||||||
(5) |
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 ounces are greater than 5% of the total site-reported reserves and ounces are greater than 100,000. |
|
|
||||||||||||||
(6) |
Reserve estimates provided by Buenaventura, the operator of the La Zanja project. |
|
|
||||||||||||||
(7) |
Percentage reflects Newmont's economic interest at December 31, 2012. |
|
|
||||||||||||||
(8) |
Resource estimates provided by Regis Resources Ltd, in which Newmont holds a 19.75% interest. |
|
|
Attributable Gold Mineral Resources(1)(2)- December 31, 2012, Metric units |
|||||||||||||||||
|
|
|
|
|
|
Gold Measured Resource |
Gold Indicated Resource |
Gold Measured + Indicated Resource(3) |
Gold Inferred Resource |
||||||||
Deposits/Districts |
Newmont Share |
Tonnage |
Grade |
Au |
Tonnage |
Grade |
Au |
Tonnage |
Grade |
Au |
Tonnage |
Grade |
Au |
||||
(x1000 tonnes) |
(g/tonne) |
(x1000 ozs) |
(x1000 tonnes) |
(g/tonne) |
(x1000 ozs) |
(x1000 tonnes) |
(g/tonne) |
(x1000 ozs) |
(x1000 tonnes) |
(g/tonne) |
(x1000 ozs) |
||||||
North America |
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
|
|
Buffalo Valley, Nevada |
70% |
0 |
|
0 |
16,200 |
0.63 |
330 |
16,200 |
0.63 |
330 |
500 |
0.35 |
10 |
||
|
|
Carlin Trend Open Pit, Nevada |
100% |
23,800 |
1.22 |
940 |
56,900 |
0.78 |
1,430 |
80,700 |
0.91 |
2,370 |
17,100 |
0.63 |
350 |
||
|
|
Carlin Trend Underground, Nevada |
100% |
400 |
5.07 |
70 |
800 |
6.82 |
170 |
1,200 |
6.19 |
240 |
3,600 |
8.75 |
1,020 |
||
|
|
Lone Tree Complex, Nevada |
100% |
0 |
|
0 |
2,000 |
0.79 |
50 |
2,000 |
0.79 |
50 |
4,600 |
0.55 |
80 |
||
|
|
Long Canyon, Nevada |
100% |
0 |
|
0 |
0 |
|
0 |
0 |
|
0 |
25,400 |
3.22 |
2,630 |
||
|
|
Midas, Nevada |
100% |
0 |
5.10 |
0 |
100 |
1.35 |
0 |
100 |
1.93 |
0 |
300 |
2.27 |
20 |
||
|
|
Phoenix, Nevada |
100% |
5,700 |
0.50 |
90 |
174,000 |
0.43 |
2,430 |
179,700 |
0.44 |
2,520 |
106,300 |
0.41 |
1,390 |
||
|
|
Sandman, Nevada |
100% |
0 |
|
0 |
1,200 |
1.23 |
50 |
1,200 |
1.23 |
50 |
1,000 |
2.17 |
70 |
||
|
|
Turquoise Ridge, Nevada(4) |
25% |
500 |
12.51 |
200 |
400 |
11.25 |
160 |
900 |
11.91 |
360 |
800 |
14.28 |
380 |
||
|
|
Twin Creeks, Nevada |
100% |
4,600 |
2.39 |
350 |
33,400 |
1.98 |
2,120 |
38,000 |
2.03 |
2,470 |
3,600 |
2.10 |
240 |
||
|
|
Nevada Stockpiles, Nevada (5) |
100% |
5,200 |
1.25 |
210 |
0 |
|
0 |
5,200 |
1.25 |
210 |
2,100 |
1.48 |
100 |
||
|
|
|
Total Nevada |
|
40,200 |
1.44 |
1,860 |
285,000 |
0.74 |
6,740 |
325,200 |
0.82 |
8,600 |
165,300 |
1.18 |
6,290 |
|
|
|
La Herradura, Mexico |
44% |
27,700 |
0.69 |
610 |
36,200 |
0.57 |
670 |
63,900 |
0.62 |
1,280 |
53,900 |
0.54 |
940 |
||
Total North America |
|
67,900 |
1.13 |
2,470 |
321,200 |
0.72 |
7,410 |
389,100 |
0.79 |
9,880 |
219,200 |
1.02 |
7,230 |
||||
South America |
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
|
|
Conga, Peru |
51.35% |
0 |
0.00 |
0 |
81,000 |
0.40 |
1,030 |
81,000 |
0.40 |
1,030 |
118,400 |
0.39 |
1,480 |
||
|
|
Yanacocha, Peru |
51.35% |
11,800 |
1.38 |
520 |
22,100 |
0.56 |
400 |
33,900 |
0.85 |
920 |
85,100 |
0.86 |
2,360 |
||
|
|
La Zanja, Peru (6) |
46.94% |
0 |
0.20 |
0 |
300 |
0.23 |
0 |
300 |
0.23 |
0 |
2,600 |
0.58 |
50 |
||
|
|
Merian, Suriname |
80% |
0 |
|
0 |
3,700 |
1.90 |
230 |
3,700 |
1.90 |
230 |
27,200 |
1.04 |
910 |
||
Total South America |
|
11,800 |
1.38 |
520 |
107,100 |
0.48 |
1,660 |
118,900 |
0.57 |
2,180 |
233,300 |
0.64 |
4,800 |
||||
Asia Pacific |
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
|
|
Batu Hijau, Indonesia(7) |
48.5% |
7,300 |
0.62 |
150 |
128,200 |
0.25 |
1,040 |
135,500 |
0.27 |
1,190 |
25,000 |
0.07 |
50 |
||
|
|
Boddington, Western Australia |
100% |
32,200 |
0.52 |
540 |
204,900 |
0.46 |
3,010 |
237,100 |
0.47 |
3,550 |
14,200 |
0.52 |
240 |
||
|
|
Duketon, Western Australia(8) |
19.75% |
700 |
0.54 |
10 |
9,200 |
0.80 |
240 |
9,900 |
0.78 |
250 |
21,900 |
0.91 |
640 |
||
|
|
Jundee, Western Australia |
100% |
0 |
|
0 |
200 |
3.69 |
30 |
200 |
3.69 |
30 |
500 |
4.74 |
70 |
||
|
|
Kalgoorlie, Western Australia |
50% |
4,800 |
1.29 |
200 |
14,500 |
1.16 |
540 |
19,300 |
1.19 |
740 |
300 |
2.61 |
30 |
||
|
|
McPhilliamys, New South Wales(8) |
19.75% |
0 |
|
0 |
8,200 |
1.27 |
330 |
8,200 |
1.27 |
330 |
3,200 |
1.57 |
160 |
||
|
|
Tanami, Northern Territories |
100% |
800 |
4.41 |
110 |
2,600 |
3.97 |
330 |
3,400 |
4.08 |
440 |
6,500 |
6.61 |
1,370 |
||
|
|
Waihi, New Zealand |
100% |
0 |
|
0 |
1,600 |
9.14 |
480 |
1,600 |
9.14 |
480 |
700 |
6.57 |
150 |
||
Total Asia Pacific |
|
45,800 |
0.69 |
1,010 |
369,400 |
0.51 |
6,000 |
415,200 |
0.53 |
7,010 |
72,300 |
1.17 |
2,710 |
||||
Africa |
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
|
|
Ahafo, Ghana |
100.0% |
0 |
|
0 |
75,500 |
1.26 |
3,050 |
75,500 |
1.26 |
3,050 |
38,500 |
1.43 |
1,770 |
||
|
|
|
Subika Underground |
100.0% |
0 |
|
0 |
0 |
0.00 |
0 |
0 |
0.00 |
0 |
8,500 |
4.66 |
1,280 |
|
|
|
Total Ahafo |
100.0% |
0 |
|
0 |
75,500 |
1.26 |
3,050 |
75,500 |
1.26 |
3,050 |
47,000 |
2.02 |
3,050 |
||
|
|
Akyem, Ghana |
100.0% |
0 |
|
0 |
12,000 |
0.55 |
210 |
12,000 |
0.55 |
210 |
3,100 |
1.01 |
100 |
||
Total Africa |
|
0 |
|
0 |
87,500 |
1.16 |
3,260 |
87,500 |
1.16 |
3,260 |
50,100 |
1.96 |
3,150 |
||||
TOTAL NEWMONT WORLDWIDE |
125,500 |
0.99 |
4,000 |
885,200 |
0.64 |
18,330 |
1,010,700 |
0.69 |
22,330 |
574,900 |
0.97 |
17,890 |
|||||
|
|
See footnotes in Gold Resources U.S. units table. |
Attributable Copper Reserves(1)U.S. Units |
||||||||||||||||||
December 31, 2012 |
||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2011 |
||
Deposits/Districts |
Newmont Share |
Proven Reserves |
Probable Reserves |
Proven + Probable Reserves |
|
Proven + Probable Reserve |
||||||||||||
Tonnage |
Grade |
Copper |
Tonnage |
Grade |
Copper |
Tonnage |
Grade |
Copper |
Metallurgical |
Tonnage |
Grade |
Copper |
||||||
(x1000 tons) |
(Cu%) |
(million pounds) |
(x1000 tons) |
(Cu%) |
(million pounds) |
(x1000 tons) |
(Cu%) |
(million pounds) |
Recovery |
(x1000 tons) |
(Cu%) |
(million pounds) |
||||||
North America |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
|
Phoenix, Nevada |
100% |
22,700 |
0.15% |
70 |
420,500 |
0.15% |
1,220 |
443,200 |
0.15% |
1,290 |
61% |
450,300 |
0.15% |
1,300 |
|||
|
Phoenix Copper Leach, Nevada(2) |
100% |
0 |
|
0 |
177,100 |
0.24% |
850 |
177,100 |
0.24% |
850 |
58% |
170,200 |
0.22% |
740 |
|||
TOTAL NORTH AMERICA |
|
22,700 |
0.15% |
70 |
597,600 |
0.17% |
2,070 |
620,300 |
0.17% |
2,140 |
59% |
620,500 |
0.16% |
2,040 |
||||
South America |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
|
Conga, Peru(3) |
51.35% |
0 |
|
0 |
303,400 |
0.28% |
1,690 |
303,400 |
0.28% |
1,690 |
85% |
303,400 |
0.28% |
1,690 |
|||
TOTAL SOUTH AMERICA |
|
0 |
|
0 |
303,400 |
0.28% |
1,690 |
303,400 |
0.28% |
1,690 |
85% |
303,400 |
0.28% |
1,690 |
||||
Asia Pacific |
|
|
|
|
|
|
|
|
|
|
|
|
||||||
|
|
Batu Hijau(4) |
48.5% |
131,300 |
0.51% |
1,340 |
166,600 |
0.36% |
1,220 |
297,900 |
0.43% |
2,560 |
75% |
323,700 |
0.41% |
2,670 |
||
|
|
Batu Hijau Stockpiles(4)(5) |
48.5% |
0 |
|
0 |
140,600 |
0.33% |
940 |
140,600 |
0.33% |
940 |
59% |
156,900 |
0.34% |
1,060 |
||
|
Batu Hijau, Indonesia |
48.5% |
131,300 |
0.51% |
1,340 |
307,200 |
0.35% |
2,160 |
438,500 |
0.40% |
3,500 |
71% |
480,600 |
0.39% |
3,730 |
|||
|
|
Boddington |
100% |
117,100 |
0.10% |
230 |
813,400 |
0.11% |
1,840 |
930,500 |
0.11% |
2,070 |
83% |
1,053,500 |
0.11% |
2,260 |
||
|
|
Boddington Stockpiles(5) |
100% |
32,000 |
0.10% |
60 |
31,800 |
0.07% |
50 |
63,800 |
0.08% |
110 |
83% |
|
|
|
||
|
Boddington, Western Australia |
100% |
149,100 |
0.29% |
290 |
845,200 |
0.18% |
1,890 |
994,300 |
0.20% |
2,180 |
83% |
1,053,500 |
0.11% |
2,260 |
|||
TOTAL ASIA PACIFIC |
|
280,400 |
0.29% |
1,630 |
1,152,400 |
0.18% |
4,050 |
1,432,800 |
0.20% |
5,680 |
75% |
1,534,100 |
0.20% |
5,990 |
||||
TOTAL NEWMONT WORLDWIDE |
|
303,100 |
0.28% |
1,700 |
2,053,400 |
0.19% |
7,810 |
2,356,500 |
0.20% |
9,510 |
73% |
2,458,000 |
0.20% |
9,720 |
||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1) |
Reserves are calculated at US$3.25 or A$3.25 per pound copper price unless otherwise noted. 2011 reserves were calculated at US$3.00 or A$3.15 per pound copper price unless otherwise noted. Tonnage amounts have been rounded to the nearest 100,000 and pounds have been rounded to the nearest 10 million. |
|||||||||||||||||
(2) |
Project is under development. Leach reserves are within Phoenix Reserve Pit. |
|||||||||||||||||
(3) |
Project is under development. |
|||||||||||||||||
(4) |
Percentage reflects Newmont's economic interest at December 31, 2012. |
|||||||||||||||||
(5) |
Stockpiles are comprised primarily of material that has been set aside to allow processing of higher grade material. Stockpiles increase or decrease depending on current mine plans. Stockpiles are reported separately where tonnage or contained metal are greater than 5% of the total site reported reserves. |
Attributable Copper Reserves(1)Metric Units |
||||||||||||||||||
December 31, 2012 |
||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2011 |
||
Deposits/Districts |
|
Proven Reserves |
Probable Reserves |
Proven + Probable Reserves |
|
Proven + Probable Reserve |
||||||||||||
Newmont Share |
Tonnage |
Grade |
Copper |
Tonnage |
Grade |
Copper |
Tonnage |
Grade |
Copper |
Metallurgical |
Tonnage |
Grade |
Copper |
|||||
(x1000 tonnes) |
(Cu%) |
(Tonnes) |
(x1000 tonnes) |
(Cu%) |
(Tonnes) |
(x1000 tonnes) |
(Cu%) |
(Tonnes) |
Recovery |
(x1000 tonnes) |
(Cu%) |
(Tonnes) |
||||||
North America |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
|
Phoenix, Nevada |
100% |
20,600 |
0.15% |
31,570 |
381,500 |
0.15% |
554,220 |
402,100 |
0.15% |
585,790 |
61% |
408,500 |
0.15% |
593,140 |
|||
|
Phoenix Copper Leach, Nevada(2) |
100% |
0 |
|
0 |
160,600 |
0.24% |
384,130 |
160,600 |
0.24% |
384,130 |
58% |
154,400 |
0.22% |
339,680 |
|||
TOTAL NORTH AMERICA |
|
20,600 |
0.15% |
31,570 |
542,100 |
0.17% |
938,350 |
562,700 |
0.17% |
969,920 |
59% |
562,900 |
0.16% |
932,820 |
||||
South America |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
|
Conga, Peru(3) |
51.35% |
0 |
|
0 |
275,200 |
0.28% |
767,420 |
275,200 |
0.28% |
767,420 |
85% |
275,200 |
0.28% |
767,300 |
|||
TOTAL SOUTH AMERICA |
|
0 |
|
0 |
275,200 |
0.28% |
767,420 |
275,200 |
0.28% |
767,420 |
85% |
303,400 |
0.28% |
767,300 |
||||
Asia Pacific |
|
|
|
|
|
|
|
|
|
|
|
|
||||||
|
|
Batu Hijau(4) |
48.5% |
119,100 |
0.51% |
606,440 |
151,100 |
0.36% |
551,440 |
270,200 |
0.43% |
1,157,880 |
75% |
293,700 |
0.41% |
1,211,990 |
||
|
|
Batu Hijau Stockpiles(4)(5) |
48.5% |
0 |
|
0 |
127,600 |
0.33% |
425,430 |
127,600 |
0.33% |
425,430 |
59% |
142,300 |
0.34% |
481,570 |
||
|
Batu Hijau, Indonesia |
48.5% |
119,100 |
0.51% |
606,440 |
278,700 |
0.35% |
976,870 |
397,800 |
0.40% |
1,583,310 |
71% |
436,000 |
0.39% |
1,693,560 |
|||
|
|
Boddington |
100% |
106,200 |
0.10% |
106,500 |
737,900 |
0.11% |
832,830 |
844,100 |
0.11% |
939,330 |
83% |
955,700 |
0.11% |
1,025,450 |
||
|
|
Boddington Stockpiles(5) |
100% |
29,000 |
0.10% |
27,930 |
28,800 |
0.07% |
20,880 |
57,800 |
0.08% |
48,810 |
83% |
|
|
|
||
|
Boddington, Western Australia |
100% |
135,200 |
0.10% |
134,430 |
766,700 |
0.11% |
853,710 |
901,900 |
0.11% |
988,140 |
83% |
955,700 |
0.11% |
1,025,450 |
|||
TOTAL ASIA PACIFIC |
|
254,300 |
0.29% |
740,870 |
1,045,400 |
0.18% |
1,830,580 |
1,299,700 |
0.20% |
2,571,450 |
75% |
1,534,100 |
0.20% |
2,719,010 |
||||
TOTAL NEWMONT WORLDWIDE |
|
274,900 |
0.28% |
772,440 |
1,862,700 |
0.19% |
3,536,350 |
2,137,600 |
0.20% |
4,308,790 |
73% |
2,458,000 |
0.20% |
4,419,130 |
||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
See Footnotes under Copper Reserves U.S. units table. |
Attributable Copper Mineral Resources(1)(2) |
|||||||||||||||||
December 31, 2012 |
|||||||||||||||||
Deposits/Districts |
|
Measured Resources |
Indicated Resources |
Measured + Indicated Resources(3) |
Inferred Resources |
||||||||||||
Newmont Share |
Tonnage |
Grade |
Copper |
Tonnage |
Grade |
Copper |
Tonnage |
Grade |
Copper |
Tonnage |
Grade |
Copper |
|||||
(x1000 tons) |
(Cu%) |
(million Pounds) |
(x1000 tons) |
(Cu%) |
(million Pounds) |
(x1000 tons) |
(Cu%) |
(million Pounds) |
(x1000 tons) |
(Cu%) |
(million Pounds) |
||||||
North America |
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
|
Phoenix, Nevada |
100% |
6,300 |
0.07% |
10 |
191,800 |
0.08% |
300 |
198,100 |
0.08% |
310 |
119,600 |
0.10% |
230 |
|||
|
Phoenix Copper Leach, Nevada |
100% |
1,000 |
0.34% |
10 |
21,300 |
0.25% |
110 |
22,300 |
0.25% |
120 |
16,900 |
0.20% |
70 |
|||
TOTAL NORTH AMERICA |
|
7,300 |
0.11% |
20 |
213,100 |
0.09% |
410 |
220,400 |
0.10% |
430 |
136,500 |
0.11% |
300 |
||||
South America |
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
|
Conga, Peru |
51.35% |
0 |
|
0 |
89,300 |
0.19% |
350 |
89,300 |
0.19% |
350 |
130,480 |
0.19% |
490 |
|||
TOTAL SOUTH AMERICA |
|
0 |
0 |
89,300 |
0.19% |
350 |
89,300 |
0.19% |
350 |
130,480 |
0.19% |
490 |
|||||
Asia Pacific |
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
|
Batu Hijau, Indonesia(4) |
48.5% |
8,100 |
0.37% |
60 |
141,300 |
0.34% |
970 |
149,400 |
0.34% |
1,030 |
27,600 |
0.27% |
150 |
|||
|
Boddington, Western Australia |
100% |
35,500 |
0.07% |
50 |
225,900 |
0.08% |
360 |
261,400 |
0.08% |
410 |
15,600 |
0.11% |
30 |
|||
TOTAL ASIA PACIFIC |
|
43,600 |
0.12% |
110 |
367,200 |
0.18% |
1,330 |
410,800 |
0.18% |
1,440 |
43,200 |
0.21% |
180 |
||||
TOTAL NEWMONT WORLDWIDE |
|
50,900 |
0.12% |
130 |
669,600 |
0.16% |
2,090 |
720,500 |
0.15% |
2,220 |
310,180 |
0.16% |
970 |
||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1) |
Resources are reported exclusive of reserves. |
||||||||||||||||
(2) |
Resources calculated at a copper price of US$3.50 or A$3.50 per pound unless otherwise noted. 2011 Resources were calculated at a copper price of US$3.50 or A$3.70 per pound. Tonnage amounts have been rounded to the nearest 100,000 and pounds have been rounded to the nearest 10 million. |
||||||||||||||||
(3) |
Measured and Indicated combined Resources are equivalent to Mineralized Material disclosed in Newmont's 10K filing. |
||||||||||||||||
(4) |
Percentage reflects Newmont's economic interest at December 31, 2012. |
Attributable Copper Mineral Resources(1)(2)Metric Units |
|||||||||||||||||
December 31, 2012 |
|||||||||||||||||
Deposits/Districts |
|
Measured Resources |
Indicated Resources |
Measured + Indicated Resources(3) |
Inferred Resources |
||||||||||||
Newmont Share |
Tonnage |
Grade |
Copper |
Tonnage |
Grade |
Copper |
Tonnage |
Grade |
Copper |
Tonnage |
Grade |
Copper |
|||||
(x1000 tonnes) |
(Cu%) |
(tonnes) |
(x1000 tonnes) |
(Cu%) |
(tonnes) |
(x1000 tonnes) |
(Cu%) |
(tonnes) |
(x1000 tonnes) |
(Cu%) |
(tonnes) |
||||||
North America |
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
|
Phoenix, Nevada |
100% |
5,700 |
0.07% |
4,110 |
174,000 |
0.08% |
135,170 |
179,700 |
0.08% |
139,280 |
108,500 |
0.10% |
104,570 |
|||
|
Phoenix Copper Leach, Nevada |
100% |
900 |
0.34% |
3,060 |
19,300 |
0.25% |
48,300 |
20,200 |
0.25% |
51,360 |
15,300 |
0.20% |
30,540 |
|||
TOTAL NORTH AMERICA |
|
6,600 |
0.11% |
7,170 |
193,300 |
0.09% |
183,470 |
199,900 |
0.10% |
190,640 |
123,800 |
0.11% |
135,110 |
||||
South America |
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
|
Conga, Peru |
51.35% |
0 |
|
0 |
81,000 |
0.19% |
156,960 |
81,000 |
0.19% |
156,960 |
118,400 |
0.19% |
221,030 |
|||
TOTAL SOUTH AMERICA |
|
0 |
0 |
81,000 |
0.19% |
156,960 |
81,000 |
0.19% |
156,960 |
118,400 |
0.19% |
221,030 |
|||||
Asia Pacific |
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
|
Batu Hijau, Indonesia(3) |
48.5% |
7,300 |
0.37% |
27,230 |
128,200 |
0.34% |
440,320 |
135,500 |
0.34% |
467,550 |
25,000 |
0.27% |
68,080 |
|||
|
Boddington, Western Australia |
100% |
32,200 |
0.07% |
21,090 |
204,900 |
0.08% |
164,200 |
237,100 |
0.08% |
185,290 |
14,200 |
0.11% |
15,040 |
|||
TOTAL ASIA PACIFIC |
|
39,500 |
0.12% |
48,320 |
333,100 |
0.18% |
604,520 |
372,600 |
0.18% |
652,840 |
39,200 |
0.21% |
83,120 |
||||
TOTAL NEWMONT WORLDWIDE |
|
46,100 |
0.12% |
55,490 |
607,400 |
0.16% |
944,950 |
653,500 |
0.15% |
1,000,440 |
281,400 |
0.16% |
439,260 |
||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
See Footnotes under Copper Resources U.S. units table. |
Attributable Proven, Probable, and Combined Silver Reserves(1)U.S. Units |
|
|
|
|||||||||||||||
December 31, 2012 |
|
|
|
|||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2011 |
||
Deposits/Districts by Reporting Unit |
|
Proven Reserves |
Probable Reserves |
Proven and Probable Reserves |
Metallurgical Recovery |
Proven and Probable Reserves |
||||||||||||
Newmont Share |
Tonnage |
Grade |
Silver |
Tonnage |
Grade |
Silver |
Tonnage |
Grade |
Silver |
|
Tonnage |
Grade |
Silver |
|||||
(x1000 tons) |
(oz/ton) |
(x1000 ozs) |
(x1000 tons) |
(oz/ton) |
(x1000 ozs) |
(x1000 tons) |
(oz/ton) |
(x1000 ozs) |
|
(x1000 tons) |
(oz/ton) |
(x1000 ozs) |
||||||
North America |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
|
Midas, Nevada |
100% |
200 |
3.072 |
510 |
400 |
9.731 |
3,900 |
600 |
7.791 |
4,410 |
90% |
800 |
7.201 |
5,250 |
|||
|
Phoenix, Nevada |
100% |
22,700 |
0.288 |
6,540 |
420,500 |
0.252 |
106,040 |
443,200 |
0.254 |
112,580 |
36% |
450,300 |
0.244 |
109,980 |
|||
TOTAL NORTH AMERICA |
|
22,900 |
0.308 |
7,050 |
420,900 |
0.261 |
109,940 |
443,800 |
0.264 |
116,990 |
38% |
451,100 |
0.255 |
115,230 |
||||
South America |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
|
Conga, Peru |
51.35% |
0 |
|
0 |
303,400 |
0.064 |
19,400 |
303,400 |
0.064 |
19,400 |
70% |
303,400 |
0.064 |
19,400 |
|||
|
|
Yanacocha Open Pits, Peru |
51.35% |
19,700 |
0.167 |
3,300 |
65,700 |
0.078 |
5,110 |
85,400 |
0.098 |
8,410 |
29% |
89,600 |
0.125 |
11,240 |
||
|
|
Yanacocha In-Process(2) |
51.35% |
0 |
|
0 |
71,600 |
0.257 |
18,370 |
71,600 |
0.257 |
18,370 |
10% |
59,500 |
0.485 |
28,840 |
||
|
|
Yanacocha Stockpiles(3) |
51.35% |
8,400 |
1.235 |
10,380 |
0 |
|
0 |
8,400 |
1.235 |
10,380 |
31% |
6,100 |
1.235 |
7,430 |
||
|
Total Yanacocha, Peru |
51.35% |
28,100 |
0.486 |
13,680 |
137,300 |
0.171 |
23,480 |
165,400 |
0.225 |
37,160 |
20% |
155,200 |
0.306 |
47,510 |
|||
TOTAL SOUTH AMERICA |
|
28,100 |
0.486 |
13,680 |
440,700 |
0.097 |
42,880 |
468,800 |
0.121 |
56,560 |
37% |
458,600 |
0.146 |
66,910 |
||||
Asia Pacific |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
|
|
Batu Hijau Open Pit(4) |
48.5% |
131,300 |
0.047 |
6,120 |
166,600 |
0.024 |
3,980 |
297,900 |
0.034 |
10,100 |
78% |
323,700 |
0.032 |
10,410 |
||
|
|
Batu Hijau Stockpiles(3)(4) |
48.5% |
0 |
|
0 |
140,600 |
0.015 |
2,140 |
140,600 |
0.015 |
2,140 |
72% |
156,900 |
0.015 |
2,430 |
||
|
Total Batu Hijau, Indonesia |
48.5% |
131,300 |
0.047 |
6,120 |
307,200 |
0.020 |
6,120 |
438,500 |
0.028 |
12,240 |
77% |
480,600 |
0.027 |
12,840 |
|||
TOTAL ASIA PACIFIC |
|
131,300 |
0.047 |
6,120 |
307,200 |
0.020 |
6,120 |
438,500 |
0.028 |
12,240 |
77% |
480,600 |
0.027 |
12,840 |
||||
TOTAL NEWMONT WORLDWIDE |
|
182,300 |
0.147 |
26,850 |
1,168,800 |
0.136 |
158,940 |
1,351,100 |
0.138 |
185,790 |
40% |
1,390,300 |
0.140 |
194,980 |
||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1) |
Reserves are calculated at a a silver price of US$30.00, A$30.00, or NZ$38.75 per ounce unless otherwise noted. 2011 reserves were calculated at a silver price of US$22.00, A$23.00, or NZ$29.00 per ounce unless otherwise noted. Tonnage amounts have been rounded to the nearest 100,000 unless they are less than 50,000, and silver ounces have been rounded to the nearest 10,000. |
|
|
|
||||||||||||||
(2) |
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. |
|
|
|
||||||||||||||
(3) |
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. |
|
|
|
||||||||||||||
(4) |
Percentage reflects Newmont's economic interest at December 31, 2012. |
|
|
|
Attributable Proven, Probable, and Combined Silver Reserves(1) Metric Units |
|
|
|
|||||||||||||||
December 31, 2012 |
|
|
|
|||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2011 |
||
Deposits/Districts by Reporting Unit |
|
Proven Reserves |
Probable Reserves |
Proven and Probable Reserves |
Metallurgical Recovery |
Proven and Probable Reserves |
||||||||||||
Newmont Share |
Tonnage |
Grade |
Silver |
Tonnage |
Grade |
Silver |
Tonnage |
Grade |
Silver |
|
Tonnage |
Grade |
Silver |
|||||
(x1000 tonnes) |
(g/tonne) |
(x1000 ozs) |
(x1000 tonnes) |
(g/tonne) |
(x1000 ozs) |
(x1000 tonnes) |
(g/tonne) |
(x1000 ozs) |
|
(x1000 tonnes) |
(g/tonne) |
(x1000 ozs) |
||||||
North America |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
|
Midas, Nevada |
100% |
100 |
105.3 |
510 |
400 |
333.6 |
3,900 |
500 |
267.1 |
4,410 |
90% |
700 |
246.9 |
5,250 |
|||
|
Phoenix, Nevada |
100% |
20,600 |
9.9 |
6,540 |
381,500 |
8.6 |
106,040 |
402,100 |
8.7 |
112,580 |
36% |
408,500 |
8.4 |
109,980 |
|||
TOTAL NORTH AMERICA |
|
20,700 |
10.6 |
7,050 |
381,900 |
9.0 |
109,940 |
402,600 |
9.0 |
116,990 |
38% |
409,200 |
8.8 |
115,230 |
||||
South America |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
|
Conga, Peru |
51.35% |
0 |
|
0 |
275,200 |
2.2 |
19,400 |
275,200 |
2.2 |
19,400 |
70% |
275,200 |
2.2 |
19,400 |
|||
|
|
Yanacocha Open Pits, Peru |
51.35% |
17,900 |
5.7 |
3,300 |
59,600 |
2.7 |
5,110 |
77,500 |
3.4 |
8,410 |
29% |
81,300 |
4.3 |
11,240 |
||
|
|
Yanacocha In-Process(2) |
51.35% |
0 |
|
0 |
64,900 |
8.8 |
18,370 |
64,900 |
8.8 |
18,370 |
10% |
54,000 |
16.6 |
28,840 |
||
|
|
Yanacocha Stockpiles(3) |
51.35% |
7,600 |
42.4 |
10,380 |
0 |
|
0 |
7,600 |
42.4 |
10,380 |
31% |
5,500 |
42.3 |
7,430 |
||
|
Total Yanacocha, Peru |
51.35% |
25,500 |
16.7 |
13,680 |
124,500 |
5.9 |
23,480 |
150,000 |
7.7 |
37,160 |
20% |
140,800 |
10.5 |
47,510 |
|||
TOTAL SOUTH AMERICA |
|
25,500 |
16.7 |
13,680 |
399,700 |
3.3 |
42,880 |
425,200 |
4.1 |
56,560 |
37% |
416,000 |
5.0 |
66,910 |
||||
Asia Pacific |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
|
|
Batu Hijau Open Pit(4) |
48.5% |
119,100 |
1.6 |
6,120 |
151,100 |
0.8 |
3,980 |
270,200 |
1.2 |
10,100 |
78% |
293,700 |
1.1 |
10,410 |
||
|
|
Batu Hijau Stockpiles(3)(4) |
48.5% |
0 |
|
0 |
127,600 |
0.5 |
2,140 |
127,600 |
0.5 |
2,140 |
72% |
142,300 |
0.5 |
2,430 |
||
|
Total Batu Hijau, Indonesia |
48.5% |
119,100 |
1.6 |
6,120 |
278,700 |
0.7 |
6,120 |
397,800 |
1.0 |
12,240 |
77% |
436,000 |
0.9 |
12,840 |
|||
TOTAL ASIA PACIFIC |
|
119,100 |
1.6 |
6,120 |
278,700 |
0.7 |
6,120 |
397,800 |
1.0 |
12,240 |
77% |
436,000 |
0.9 |
12,840 |
||||
TOTAL NEWMONT WORLDWIDE |
|
165,300 |
5.0 |
26,850 |
1,060,300 |
4.7 |
158,940 |
1,225,600 |
4.7 |
185,790 |
40% |
1,261,200 |
4.8 |
194,980 |
||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
See Footnotes under Silver Reserves U.S. units table. |
Attributable Silver Mineral Resources(1)(2)U.S. Units |
|||||||||||||||||
|
|
|
|
|
|
December 31, 2012 |
|||||||||||
Deposits/Districts |
|
Measured Resources |
Indicated Resources |
Measured + Indicated Resources(3) |
Inferred Resources |
||||||||||||
Newmont Share |
Tonnage |
Grade |
Ag |
Tonnage |
Grade |
Ag |
Tonnage |
Grade |
Ag |
Tonnage |
Grade |
Ag |
|||||
(x1000 tons) |
(oz/ton) |
(x1000 ozs) |
(x1000 tons) |
(oz/ton) |
(x1000 ozs) |
(x1000 tons) |
(oz/ton) |
(x1000 ozs) |
(x1000 tons) |
(oz/ton) |
(x1000 ozs) |
||||||
North America |
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
|
Sandman, Nevada |
100% |
0 |
|
0 |
1,300 |
0.199 |
300 |
1,300 |
0.199 |
300 |
1,100 |
0.167 |
200 |
|||
|
Midas, Nevada |
100% |
0 |
2.236 |
40 |
100 |
7.717 |
700 |
100 |
6.879 |
740 |
300 |
7.156 |
2,500 |
|||
|
Phoenix, Nevada |
100% |
6,300 |
0.185 |
1,200 |
191,800 |
0.186 |
35,700 |
198,100 |
0.186 |
36,900 |
117,200 |
0.202 |
23,700 |
|||
|
Phoenix Stockpiles, Nevada(4) |
100% |
0 |
|
0 |
0 |
|
0 |
0 |
|
0 |
2,300 |
0.089 |
200 |
|||
TOTAL NORTH AMERICA |
|
6,300 |
0.190 |
1,240 |
193,200 |
0.190 |
36,700 |
199,500 |
0.190 |
37,940 |
120,900 |
0.220 |
26,600 |
||||
South America |
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
|
Conga, Peru |
51.35% |
0 |
0 |
0 |
89,300 |
0.047 |
4,200 |
89,300 |
0.047 |
4,200 |
99,100 |
0.033 |
3,300 |
|||
|
Yanacocha, Peru |
51.35% |
12,700 |
0.434 |
5,500 |
16,700 |
0.080 |
1,300 |
29,400 |
0.233 |
6,800 |
10,000 |
0.425 |
4,300 |
|||
TOTAL SOUTH AMERICA |
|
12,700 |
0.434 |
5,500 |
106,000 |
0.052 |
5,500 |
118,700 |
0.093 |
11,000 |
109,100 |
0.069 |
7,600 |
||||
Asia Pacific |
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
|
Batu Hijau, Indonesia(5) |
48.5% |
8,100 |
0.038 |
300 |
141,300 |
0.027 |
3,700 |
149,400 |
0.027 |
4,000 |
27,600 |
0.016 |
400 |
|||
TOTAL ASIA PACIFIC |
|
8,100 |
0.038 |
300 |
141,300 |
0.027 |
3,700 |
149,400 |
0.027 |
4,000 |
27,600 |
0.016 |
400 |
||||
TOTAL NEWMONT WORLDWIDE |
|
27,100 |
0.259 |
7,040 |
440,500 |
0.104 |
45,900 |
467,600 |
0.113 |
52,940 |
257,600 |
0.134 |
34,600 |
||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1) |
Mineral Resources reported exclusive of reserves. |
|
|||||||||||||||
(2) |
Mineral Resources calculated at a silver price of US$35.00, A$35.00, or NZ$45.00 per ounce unless otherwise noted. 2011 Resources were calculated at a silver price of US$26.00, A$27.50, or NZ$34.50 per ounce. Tonnage amounts have been rounded to the nearest 100,000. |
|
|||||||||||||||
(3) |
Measured and Indicated combined Resources are equivalent to Mineralized Material disclosed in Newmont's 10K filing. |
||||||||||||||||
(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) |
Percentage reflects Newmont's economic interest at December 31, 2012. |
Attributable Silver Mineral Resources(1)(2)Metric Units |
|||||||||||||||||
|
|
|
|
|
|
December 31, 2012 |
|||||||||||
Deposits/Districts |
|
Measured Resources |
Indicated Resources |
Measured + Indicated Resources(3) |
Inferred Resources |
||||||||||||
Newmont Share |
Tonnage |
Grade |
Ag |
Tonnage |
Grade |
Ag |
Tonnage |
Grade |
Ag |
Tonnage |
Grade |
Ag |
|||||
(x1000 tonnes) |
(g/tonne) |
(x1000 ozs) |
(x1000 tonnes) |
(g/tonne) |
(x1000 ozs) |
(x1000 tonnes) |
(g/tonne) |
(x1000 ozs) |
(x1000 tonnes) |
(g/tonne) |
(x1000 ozs) |
||||||
North America |
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
|
Sandman, Nevada |
100% |
0 |
|
0 |
1,200 |
6.8 |
300 |
1,200 |
6.8 |
300 |
1,000 |
5.7 |
200 |
|||
|
Midas, Nevada |
100% |
0 |
76.7 |
40 |
100 |
264.6 |
700 |
100 |
235.8 |
740 |
300 |
245.4 |
2,500 |
|||
|
Phoenix, Nevada |
100% |
5,700 |
6.3 |
1,200 |
174,000 |
6.4 |
35,700 |
179,700 |
6.4 |
36,900 |
106,300 |
6.9 |
23,700 |
|||
|
Phoenix Stockpiles, Nevada(4) |
100% |
0 |
|
0 |
0 |
|
0 |
0 |
|
0 |
2,100 |
3.1 |
200 |
|||
TOTAL NORTH AMERICA |
|
5,700 |
6.5 |
1,240 |
175,300 |
6.5 |
36,700 |
181,000 |
6.5 |
37,940 |
109,700 |
7.5 |
26,600 |
||||
South America |
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
|
Conga, Peru |
51.35% |
0 |
|
0 |
81,000 |
1.6 |
4,200 |
81,000 |
1.6 |
4,200 |
89,900 |
1.1 |
3,300 |
|||
|
Yanacocha, Peru |
51.35% |
11,500 |
14.9 |
5,500 |
15,100 |
2.7 |
1,300 |
26,600 |
8.0 |
6,800 |
9,100 |
14.6 |
4,300 |
|||
TOTAL SOUTH AMERICA |
|
11,500 |
14.9 |
5,500 |
96,100 |
1.8 |
5,500 |
107,600 |
3.2 |
11,000 |
99,000 |
2.4 |
7,600 |
||||
Asia Pacific |
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
|
Batu Hijau, Indonesia(5) |
48.5% |
7,300 |
1.3 |
300 |
128,200 |
0.9 |
3,700 |
135,500 |
0.9 |
4,000 |
25,000 |
0.5 |
400 |
|||
TOTAL ASIA PACIFIC |
|
7,300 |
1.3 |
300 |
128,200 |
0.9 |
3,700 |
135,500 |
0.9 |
4,000 |
25,000 |
0.5 |
400 |
||||
TOTAL NEWMONT WORLDWIDE |
|
24,500 |
8.9 |
7,040 |
399,600 |
3.6 |
45,900 |
424,100 |
3.9 |
52,940 |
233,700 |
4.6 |
34,600 |
||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
See Footnotes under Silver Resources U.S. units table. |
To view more detailed financial disclosure, including regional mine statistics, Results of Consolidated Operations, Liquidity and Capital Resources, Management's Discussion & Analysis, relevant Risk Factors, and a complete outline of the 2012 Operating and Financial guidance by region, please see the Company's Annual Report on Form 10-K, filed with the Securities and Exchange Commission on February 22, 2013, available at www.newmont.com.
Newmont Mining Corporation (NYSE: NEM) announced it will report Fourth Quarter and Year-End 2012 results after the market closes on Thursday, February 21, 2013. A conference call will be held on Friday, February 22 at 10:00 a.m. Eastern Time (8:00 a.m. Mountain Time); it will also be carried on the Company's website.
Conference Call Details |
|
Dial-In Number |
888.566.1822 |
Intl Dial-In Number |
312.470.7116 |
Leader |
John Seaberg |
Passcode |
Newmont |
Replay Number |
866-380-6745 |
Intl Replay Number |
203-369-0348 |
Replay Passcode |
2013 |
|
|
Webcast Details |
|
URL |
|
|
|
The Fourth Quarter and Year-End 2012 results and related financial and statistical information will be available after the market close on Thursday, February 21, 2013 on the "Investor Relations" section of the Company's web site, www.newmont.com. Additionally, the conference call will be archived for a limited time on the Company's website.
Cautionary Statement Regarding Forward Looking Statements, Including 2013 Outlook:
This 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, which are intended to be covered by the safe harbor created by such sections and other applicable laws. Such forward-looking statements may include, without limitation: (i) estimates of future production and sales; (ii) estimates of future costs applicable to sales; (iii) estimates of future consolidated and attributable capital expenditures, CAS, and all-in sustaining cost; (iv) estimates of future exploration spending; and (v) expectations regarding the development, growth and exploration potential of the Company's projects. Estimates or expectations of future events or results are based upon certain assumptions, which may prove to be incorrect. Such assumptions, include, but are not limited to: (i) there being no significant change to current geotechnical, metallurgical, hydrological and other physical conditions; (ii) permitting, development, operations and expansion of the Company's projects being consistent with current expectations and mine plans; (iii) political developments in any jurisdiction in which the Company operates being consistent with its current expectations; (iv) certain exchange rate assumptions for the Australian dollar to the U.S. dollar, as well as other the exchange rates being approximately consistent with current levels; (v) certain price assumptions for gold, copper and oil; (vi) prices for key supplies being approximately consistent with current levels; and (vii) the accuracy of our current mineral reserve and mineral resource estimates. 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, such 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 the "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, community relations, conflict resolution and outcome of projects or oppositions and governmental regulation and judicial outcomes. For a more detailed discussion of such risks and other factors, see the Company's 2012 Form 10-K, filed on February 22, 2013, 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," including, without limitation, outlook, 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. Investors should not assume that any lack of update to a previously issued "forward-looking statement" constitutes a reaffirmation of that statement. Continued reliance on "forward-looking statements" is at investors' own risk.
Cautionary Statement regarding Reserves and Resource:
Ian Douglas, Newmont's Group Executive of Reserves, is the qualified person responsible for the preparation of the Reserve and Resource estimates in this presentation. The Reserves disclosed in this presentation have been prepared in compliance with Industry Guide 7 published by the SEC. As used in this news release, the term "Reserve" means that part of a mineral deposit that can be economically and legally extracted or produced at the time of the reserve determination. The term "economically," as used in this definition, means that profitable extraction or production has been established or analytically demonstrated in a full feasibility study to be viable and justifiable under reasonable investment and market assumptions. The term "legally," as used in this definition, does not imply that all permits needed for mining and processing have been obtained or that other legal issues have been completely resolved. However, for a reserve to exist, Newmont must have a justifiable expectation, based on applicable laws and regulations, that issuance of permits or resolution of legal issues necessary for mining and processing at a particular deposit will be accomplished in the ordinary course and in a timeframe consistent with Newmont's current mine plans. Reserves in this news release may be aggregated from the Proven and Probable classes. The terms "Mineral Resources" or "Resources" and Measured, Indicated and Inferred resources are used in this news release. Investors are advised that the SEC does not recognize these terms. Newmont has determined that such Resources would be substantively the same as those prepared using the Guidelines established by the Society of Mining, Metallurgy and Exploration and defined as Mineral Resources. Estimates of Resources are subject to further exploration and development, are subject to additional risks, and no assurance can be given that they will eventually convert to future Mineral Reserves of the company. Inferred Resources, in particular, have a great amount of uncertainty as to their existence and their economic and legal feasibility. Investors are cautioned not to assume that any part or all of the Inferred Resource exists, or is economically or legally mineable. Also, disclosure of contained ounces is permitted under SME and other regulatory guideline; however, the SEC generally requires mineral resource information to be reported only as in-place tonnage and grade. In addition, our current or future reserves and exploration and development projects may not result in new mineral producing operations. Even if significant mineralization is discovered and converted to reserves, it will likely take many years from the initial phases of exploration to development and ultimately to production, during which time the economic feasibility of production may change. Additionally, references to "attributable ounces," "attributable pounds" and "attributable mineralization" in this news release are intended to mean that portion of gold or copper produced, sold or included in Proven and Probable Reserves or Resources that is attributable to our ownership or economic interest.
Image with caption: "2012 Reserves (CNW Group/Newmont Mining Corporation)". Image available at: http://photos.newswire.ca/images/download/20130221_C7672_PHOTO_EN_23974.jpg
Image with caption: "Actual and Budget (CNW Group/Newmont Mining Corporation)". Image available at: http://photos.newswire.ca/images/download/20130221_C7672_PHOTO_EN_23975.jpg
SOURCE: Newmont Mining Corporation
Investors, John Seaberg, +1-303-837-5743, [email protected], or Karli Anderson, +1-303-837-6049 [email protected], or Media, Omar Jabara, +1-303-837-5114. [email protected], or Diane Reberger, +1-303-967-9455, [email protected]
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