Newmont Mining Terminates Merger Discussions with Barrick Gold

Barrick Gold Corporation ABXABX("Barrick") announced today that it has been informed by Newmont Mining Corporation ("Newmont") that its Board has decided to terminate Newmont's merger discussions with Barrick, which have been widely reported by the news media over the last week. Although Barrick believes the interests of shareholders are best served through the completion of this business combination, Newmont's Board has determined that the interests of Newmont's shareholders are best served by remaining independent.