Newmont Signs Agreement to Peacefully End Yanacocha Roadblock

08/30/2006

DENVER, August 30, 2006 – Newmont Mining Corporation (NYSE: NEM) today announced the signing of
agreements to peacefully end a blockade that restricted access to the Company’s Minera Yanacocha mine for
one week. The agreements were signed by a delegation from Yanacocha, the Peruvian Government and the
duly appointed representatives of protesting community members. The roadblock is expected to be removed
later today under the terms of the agreement.

Yanacocha will restart all mining and construction activities as soon as safe passage to the mine site is
reestablished. Yanacocha previously suspended mining and construction activities due to safety related threats
posed to Yanacocha’s employees as a result of the blockade. Once safe and secure conditions are
reestablished and normal mining activities have resumed, Yanacocha will participate in a high-level government
commission to address the employment-focused concerns of the protesting community members.

Newmont’s Senior Vice President of Operations, Tom Enos said, “We are pleased that the Peruvian
Government has facilitated the peaceful resolution of the blockade and ensured the rights of our employees to
work in a safe and productive environment. Newmont and Yanacocha remain committed to work constructively
with the Peruvian authorities and the duly recognized leaders of all local communities, so as to continue our
ongoing investment in the sustainable development of the surrounding communities.”

With the anticipated resolution of the roadblock under this agreement brokered by the Peruvian Government,
the temporary suspension of Yanacocha’s operations is not expected to materially impact the mine’s operating
performance or results.

Investor Contacts:
Randy Engel
Telephone: 303.837.6033
Email: randy.engel@newmont.com

John Gaensbauer
Telephone: 303.837.5153
Email: john.gaensbauer@newmont.com

Cautionary Statement
This news 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, that are intended to be
covered by the safe harbor created by such sections. Such forward-looking statements include, without limitation,
statements regarding future operating results. 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, and
political and operational risks. 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.

SOURCE Newmont Mining Corporation