Noreen Doyle Appointed Chair of Newmont's Board of Directors

DENVER--(BUSINESS WIRE)--

Newmont Mining Corporation NEM (Newmont or the Company) announced that Noreen Doyle was appointed to succeed Vincent Calarco as Chair of Newmont's Board of Directors. Mr. Calarco will continue as a Newmont Director and work closely with Ms. Doyle to ensure a smooth leadership transition.

Ms. Doyle has been a Director with the Company since 2005 and previously served as Vice Chair and head of the Board's Audit Committee. Ms. Doyle's experience includes top executive leadership roles at the European Bank for Reconstruction and Development and board leadership roles, including as Vice Chair and Lead Independent Director of the Board of Credit Suisse. Last year, she was appointed Chair of the British Banking Association, a leading trade association for the UK banking sector with member banks having operations in 180 jurisdictions worldwide.

"We are honored that Noreen will take on the role of Board Chair and look forward to her guidance in helping Newmont deliver its strategy to lead the gold sector in value creation," said Gary Goldberg, President and Chief Executive Officer. "I would also like to take this opportunity to thank Vince for his leadership of our Board since 2008 and look forward to his ongoing contributions to the Company's success as a Director."

In July 2015, a Vice Chair role was created on Newmont's Board of Directors and Noreen Doyle was appointed to that role. In the interest of Board succession planning, in February 2016, the Board determined that Ms. Doyle would succeed Mr. Calarco in the role of independent Non-Executive Chair of the Board. Ms. Doyle's appointment to the role of Chair became effective on April 20, 2016, immediately following the Annual Meeting of Stockholders.

Newmont is a leading gold and copper producer. The Company employs approximately 27,000 employees and contractors, with the majority working at managed operations in the United States, Australia, Ghana, Peru, Indonesia and Suriname. Newmont is the only gold producer listed in the S&P 500 index and was named the mining industry leader by the Dow Jones Sustainability World Index in 2015. The Company is an industry leader in value creation, supported by its leading technical, environmental, social and safety performance. Newmont was founded in 1921 and has been publicly traded since 1925.

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