Newmont Mining Corp (NEM) SEC Filing 10-K Annual report for the fiscal year ending Thursday, December 31, 2015

Exhibit 99.1

Newmont Announces Full Year and Fourth Quarter 2015 Results

DENVER--(BUSINESS WIRE)--February 17, 2016--Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) announced full-year 2015 operating and financial results, including:

• Net income: Delivered adjusted net income¹ of $507 million or $0.98 per share; GAAP net income attributable to shareholders from continuing operations was $193 million or $0.38 per share
• EBITDA: Increased consolidated adjusted EBITDA² by 29% over 2014 to $2.7 billion
• Consolidated cash flow: More than doubled free cash flow³ to $756 million and generated cash from continuing operations of $2.2 billion
• Gold all-in sustaining costs (AISC)⁴: Lowered gold AISC 10% to $898 per ounce, ending the year within guidance

• Gold costs applicable to sales (CAS): Lowered gold CAS 10% to $633 per ounce, ending the year within guidance
• Attributable production: Delivered 5.04 million ounces of attributable gold production, ending the year within guidance
• Portfolio Optimization: Completed the Turf Vent Shaft, progressed Merian, Long Canyon and the Tanami Expansion Project on time and on budget, and acquired Cripple Creek & Victor

• Outlook: Provided long-term production and cost outlook, including profitable gold production of between 4.5 and 5.0 million ounces at AISC below $1,000 per ounce

“Newmont completed the year with safer and more efficient operations, a stronger balance sheet and an improved portfolio,” said Gary Goldberg, President and Chief Executive Officer. “We increased EBITDA by almost one-third to $2.7 billion, more than doubled free cash flow to $756 million, and lowered net debt by 19%, despite a 9% drop in realized gold price. Our performance improved as a result of our disciplined and systematic focus on cost and efficiency. This delivered a 10% reduction in AISC and supported our ability to fund five profitable development projects and acquire Cripple Creek & Victor. Our plans for 2016 and beyond remain focused on improving our underlying business, strengthening our portfolio and creating value for shareholders.”

Fourth quarter 2015 highlights include gold AISC below $1,000 per ounce for the sixth consecutive quarter, adjusted EBITDA of nearly $500 million and gold production in line with the prior year quarter. Fourth quarter results were impacted by lower metal prices, delayed export shipments from Indonesia due to late receipt of an export permit, and other non-recurring costs.

• Net income: Delivered adjusted net income of $20 million or $0.04 per share; GAAP net income attributable to shareholders from continuing operations of $(247) million or $(0.48) per share was impacted by lower metal prices and non-recurring reclamation charges and adjustments
• EBITDA: Generated consolidated adjusted EBITDA of $466 million down from the prior year quarter due to lower metal prices
• Consolidated cash flow: Generated cash from continuing operations of $275 million; free cash flow was $(185) million due to lower metals pricing and timing of project spend
• Gold AISC: Maintained gold AISC at $999 per ounce, the sixth consecutive quarter below $1,000
• Gold CAS: Reported gold CAS at $680 per ounce in the fourth quarter, an 8% increase from the prior year quarter mostly due to lower mill grades at Yanacocha and Ahafo
• Attributable production: Produced 1.3 million ounces of gold in line with prior year quarter
• Shareholder returns: Maintained fourth quarter dividend of $0.025 per share⁵ in line with Newmont’s revised gold price-linked dividend policy

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¹ Non-GAAP measure. Based on fully diluted shares outstanding. See the end of the release for reconciliation to net income.
² Non-GAAP measure. See the end of the release for reconciliation.
³ Non-GAAP measure. See the end of the release for reconciliation.
⁴ Non-GAAP measure. See the end of the release for reconciliation.
⁵ Such policy is non-binding. Declaration of future dividends remains subject to approval and discretion of the Board of Directors.