EX-99.1 2 dex991.htm PRESENTATION MATERIALS Presentation Materials
Slide 1
Wayne W. Murdy
Chairman & CEO
Pierre Lassonde
President
September 27, 2006
2006
DENVER
GOLD
SHOW
2006
DENVER
GOLD
SHOW
Exhibit 99.1


Slide 2
Cautionary Statement
This presentation 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, that are intended to be
covered by the safe harbor created by such sections.  Such forward-looking statements include, without limitation, (i)
estimates of future gold and other metals production and sales; (ii) estimates of future costs and consolidated costs
applicable to sales; (iii) estimates of future capital expenditures and expenses; (iv) estimates regarding timing of
future development, construction, production and expansion activities; (v) statements regarding future exploration
results; (vi) estimates of reserves and statements regarding replacement of reserves; and (vii) estimates of pre-tax
gains.  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, forward-looking
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 such 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 in the countries in
which we operate, and governmental regulation and judicial outcomes.  For a more detailed discussion of such risks
and other factors, see the Company’s 2005 Annual Report on Form 10-K, which is on file 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,”
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.


Slide 3
Overview
Gold in a Long-Term Bull Market
Generating Strong Bottom Line Leverage to Gold
New Mines to Grow Production Beyond 2007
Expect to Grow Reserves for 5   Straight Year
Anticipate Approximately $160
Million in Net Q3
Pre-Tax Gains
th


Slide 4
Competitive Cost Profile
Newmont vs. Industry Weighted Average Cash Costs
$-
$50
$100
$150
$200
$250
$300
$350
2002
2005
H1 2006
Industry
NEM
1)
Source: GFMS
2)
For 2005 and H1 2006, Newmont weighted average cash costs estimated as 1.05 x Cost Applicable to Sales per ounce


Slide 5
H1 2005
$173
H1 2005
$322
H1 2005
$182
H1 2006
$291
H1 2006
$584
H1 2006
$374
$0
$200
$400
$600
Income from Continuing
Operations ($M)
Net Cash from Continuing
Operations ($M)
Operating Margin ($/oz)
~ 40% Increase in Average
Realized Gold Price
From H1 2005 to H1 2006
First-Half 2006 Highlights
*
* Before deductions for DD&A


Slide 6
JUNDEE
Newmont’s Strong Asset Portfolio
Over 32 Million Acres of Land in the World’s Best Gold Districts
Nevada
Yanacocha
Indonesia
Ghana
Australia/
New Zealand
Investment
Portfolio


Slide 7
Phoenix
300K –
350K oz/yr producer
21 year mine life
9 mm oz of gold reserves
Copper leach & exploration upside
Leeville
Ramping-up to 3,200 tpd
by end of 2007
400K –
450K oz/yr of steady state production
Platform for further exploration & expansion
Nevada
33 mm oz of Reserves; ~ 2.3 mm oz of Production in 2006
Nevada
40%
Overview
15 mines; 11 processing facilities
Cost reduction initiatives through “One Nevada”
management system & power plant 1.9 mm acre
land package
Newmont Global 2006E Production
Leeville Mine Isometric View
(Looking Northeast)


Slide 8
Australia & New Zealand
14.9 mm oz of Reserves; ~ 1.4 mm oz of Production in 2006
Overview
Operations in Western Australia, Northern Territory, Queensland and the
North Island of New Zealand
Boddington Project
Initial production in late 2008 or early 2009
600,000 –
675,000 equity oz of steady-state annual
production
Potential to substantially increases equity reserves of
7.7mm oz of gold and 720mm lbs of copper
Exploration Upside
Targeting reserve and NRM additions at
Callie underground operations
Generating positive results at Boddington,
Martha, Kalgoorlie and Jundee
Callie


Slide 9
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2005
2006
2007
Overview
2007 opportunities include strong cash flow and earnings
contributions as copper hedges roll off in Q1 2007
Indonesia
6.7 mm oz of Au Reserves; ~ 200k oz of Au Production in 2006
Overview
Near-term challenges from harder
ores affecting mill throughput
Hedge Profile
$1.35
$1.35
$1.40
Unite Hedge
Price ($/lb)


Slide 10
Yanacocha
16.8 mm oz of Reserves; ~ 1.4 mm oz of Production in 2006
Overview
Yanacocha expected to average 850,000 –
900,000 equity ozs from
2007-2010 resulting in higher production costs
Gold mill in 2008
New Government supportive of fair and sustainable business practices
Significant sulfide mineralization at depth
Conga Project
Current reserves of 6.1 mm oz of gold;
1.6B lbs copper
Expected average annual gold sales
of 250,000 equity oz of gold; 80 mm
equity lbs copper


Slide 11
Ghana
18.7 mm oz of Reserves; ~ 170 k oz of Production in 2006
Ahafo Project
On schedule start-up and first
gold pour in July 2006
500,000 –
550,000 oz at
annual steady state production
Power rationing affecting 2006
and 2007 production
Akyem Project
Deferring development to complete permitting, review capital and
address power shortages
Overview
Newmont’s 5   Core Operating District
th


Slide 12
Confident We Will Grow
Reserves for the 5   Straight Year
80
85
90
95
2002
2003
2004
2005
North
America
24%
South
America
27%
Australia
14%
Indonesia
2%
West Africa
10%
Opportunity
Fund &
Support
21%
Turkey
2%
2006
Exploration
Expense
-
$160
mm
-
$165
mm
Nevada
36%
Yanacocha
18%
Batu Hijau
7%
Ghana
20%
Other
3%
Australia/ 
New Zealand
16%
Reserves by Region (YE 2005) 
th


Slide 13
Ghana Growth
19.9
16.0
11.9
4.9
3.3
0
5
10
15
20
25
2001
2002
2003
2004
2005
Ahafo
Akyem
Rapid Reserve Growth &
Expansion Opportunities
Over 16 mm ozs added to reserves
since acquisition
Potential to add 250,000 –
350,000
ozs of annual production at Ahafo
Ahafo Exploration
Significant exploration upside remains
13 exploration targets in North Area
Working to advance Subika
underground,
Susuan
and Awonsu
targets


Slide 14
2006
Estimated Royalty and Other Income of $90 -
$105 million
+$300
Million
in
2
Half
Gains
from
Sale
of
Non-Core
Assets
Long-Term Wealth Creation 
1)
Alberta Heavy Oil Investment: $20 million Investment
$280 million Sale
Proceeds
2)
Canadian Oil Sands Trust: $200 million Investment
>$800 million
3)
Other Assets:
Iron Ore and Coal
Arctic Gas
Gold Refineries
4)
$153 Million Investment in Shore Gold Inc.’s FALC –
Diamond Project
Investment Portfolio
nd


Slide 15
We are in a Long-Term
Gold Bull Market
$-
$100
$200
$300
$400
$500
$600
$700
$800
1969
1972
1975
1978
1981
1984
1987
1990
1993
1996
1999
2002
2005
-8%
-7%
-6%
-5%
-4%
-3%
-2%
-1%
0%
1%
2%
Current Account Deficit/Surplus
Gold Price
Source: Bloomberg
Excessive US Dollar
Reserves in Asia
Current Account Deficit
Approaching a Trillion Dollars
-
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
Rest Of World
Japan
China
Taiwan
Central Bank FX Reserves
(Excluding Central Bank Gold Agreement
Countries and the U.S.)
Source: GFMS Gold Survey 2006


Slide 16
Conclusion
Gold in a Long-Term Bull Market
Generating Strong Bottom Line Leverage to Gold
New Mines to Grow Production Beyond 2007
Expect to Grow Reserves for 5   Straight Year
Anticipate Approximately $160
Million in Net Q3
Pre-Tax Gains
th