Newmont Announces Two New Board Members

10/31/2005

DENVER, Oct 31, 2005 /PRNewswire-FirstCall via COMTEX News Network/ -- Newmont Mining Corporation(NYSE: NEM) announced the appointments of Veronica Hagen and Noreen Doyle tothe Newmont Board of Directors.

Ms. Doyle brings a broad range of financial expertise to Newmont's Boardof Directors. She was appointed the First Vice President of the European Bankfor Reconstruction and Development in 2001, where she was responsible forbanking operations in its twenty-seven countries. Ms. Doyle currently sits onthe Board of Directors of Credit Suisse Group and has served as the chair ofthe Budapest Bank Supervisory Board. Prior to joining the EBRD, she had along career in investment banking, with an emphasis in the natural resourcessector. She holds a Bachelor of Arts Degree from the College of Mount SaintVincent and a Masters of Business Administration from the Amos Tuck School ofBusiness at Dartmouth College, where she currently serves on its Board ofOverseers.

Ms. Hagen brings extensive operations and global commodity marketexperience to her role on the Newmont Board of Directors. She was appointedPresident and CEO of Sappi Fine Paper North America in 2004. Prior to workingfor Sappi, she served in various executive roles with Alcoa and Alumax, beforeits acquisition by Alcoa. She currently serves on the Board of Directors forJacuzzi Brands, Incorporated. Ms. Hagen holds a Bachelor of Science inInternational Relations from the University of Southern California.

Newmont is the world's largest gold producer with significant assets oroperations on five continents. Headquartered in Denver, Colorado, Newmontemploys approximately 14,000 people worldwide and is committed to the higheststandards for environmental management, social responsibility, and health andsafety for its employees and neighboring communities. In addition to the NewYork Stock Exchange, Newmont trades on the Australian and Toronto stockexchanges. More information about the Company is available atwww.newmont.com.

SOURCE Newmont Mining Corporation

Investor Contacts:

Randy Engel

(303) 837-6033

randy.engel@newmont.com

Media Contacts:

Heatheryn Higgins

(303) 837-5248

heatheryn.higgins@newmont.com

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