Newmont Declares Regular Quarterly Dividend

10/22/2008

DENVER, October 22, 2008 – The Board of Directors of Newmont Mining Corporation (NYSE: NEM) today declared a regular quarterly dividend of $0.10 per share of common stock, payable December 29, 2008 to holders of record at the close of business on December 5, 2008. In Australia, CHESS Depository Nominees Pty Ltd (CAN 071 346 506) is the stockholder of record of the underlying shares of Newmont common stock. Holders of the CHESS Depository Interests (CDIs) are entitled to receive the dividend on a ten CDIs-for-one share of common stock basis.

In addition, Newmont Mining Corporation of Canada Limited (TSX: NMC) today declared a regular quarterly dividend of Cdn $0.1250 per share on its exchangeable shares, payable December 29, 2008 to holders of record at the close of business on December 5, 2008. This dividend is designated as an "eligible dividend" for Canadian tax purposes.

Contacts:
Investor Relations:
John Seaberg
Phone:  303.837.5743
Email:  john.seaberg@newmont.com

Media Relations:
Omar Jabara
Phone:  303.837.5114
Email:  omar.jabara@newmont.com

SOURCE Newmont Mining Corporation