Newmont Declares Quarterly Dividend of $0.35 per share, an Increase of 75% over the Prior Year's Quarterly Dividend

Newmont Mining Corporation

("Newmont" or the "Company) announced today its Board of Directors declared a quarterly dividend of $0.35 per share of common stock, payable on June 28, 2012, to holders of record at the close of business on June 12, 2012. "The 75% increase in our dividend compared to the second quarter of 2011 demonstrates our commitment to returning capital to shareholders," said Richard O'Brien, President and Chief Executive Officer. "Our shareholders continue to benefit from our preeminent gold price-linked dividend policy."