Newmont Declares Regular Quarterly Dividend

10/17/2007

DENVER, October 17, 2007 – The Board of Directors of Newmont Mining Corporation (NYSE: NEM) today declared a regular quarterly dividend of $0.10 per share, payable December 28, 2007 to holders of record at the close of business on December 7, 2007.

In addition, Newmont Mining Corporation of Canada Limited (TSX: NMC) today declared a regular quarterly dividend of Cdn $0.0974 per share on its exchangeable shares, payable December 28, 2007 to holders of record at the close of business on December 7, 2007. This dividend is designated as an "eligible dividend" for Canadian tax purposes.

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

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

SOURCE Newmont Mining Corporation