Newmont (NEM) 10-K 25 Feb 10 2009 FY Annual report Financial data

Document and Company Informatio

Document and Company Information (USD $)
	12 Months Ended Dec. 31, 2009	Feb. 17, 2010	Jun. 30, 2009
Document and Company Information [Abstract]
Entity Registrant Name	NEWMONT MINING CORP /DE/
Entity Central Index Key	0001164727
Document Type	10-K
Document Period End Date	2009-12-31
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Public Float			$20,005,983,973
Entity Common Stock, Shares Outstanding		483,029,539

Statements of Consolidated Inco

Statements of Consolidated Income (Loss) (USD $)
In Millions, except Per Share data	12 Months Ended Dec. 31, 2009		12 Months Ended Dec. 31, 2008		12 Months Ended Dec. 31, 2007
Revenues
Sales - gold, net	$6,386		$5,372		$4,244
Sales - copper, net	1,319		752		1,221
Total revenues, net	7,705		6,124		5,465
Costs and expenses
Costs applicable to sales - gold	2,726	[2]	2,681	[2]	2,376	[2]
Costs applicable to sales - copper	323	[1]	399	[1]	450	[1]
Loss on settlement of price-capped forward sales contracts (Note 3)	0		0		531
Midas redevelopment (Note 4)	0		0		11
Amortization	806		738		685
Accretion	34		31		27
Exploration	187		213		177
Advanced projects, research and development (Note 5)	135		166		62
General and administrative	159		144		142
Write-down of goodwill	0		0		1,122
Write-down of property, plant and mine development	7		137		10
Other expense, net (Note 6)	383		351		243
Total costs and expenses	4,760		4,860		5,836
Other income (expense)
Other income, net (Note 7)	88		123		100
Interest expense, net of capitalized interest of $111, $47 and $50, respectively	(120)		(135)		(118)
Total other income (expense)	(32)		(12)		(18)
Income (loss) from continuing operations before income tax and other items	2,913		1,252		(389)
Income tax expense (Note 8)	(788)		(100)		(190)
Equity income (loss) of affiliates (Note 9)	(16)		(5)		(1)
Income (loss) from continuing operations	2,109		1,147		(580)
Income (loss) from discontinued operations (Note 10)	(16)		13		(905)
Net income (loss)	2,093		1,160		(1,485)
Net income attributable to noncontrolling interests (Note 11)	(796)		(329)		(410)
Net income (loss) attributable to Newmont stockholders	1,297		831		(1,895)
Net income (loss) attributable to Newmont stockholders:
Continuing operations	1,308		816		(988)
Discontinued operations	(11)		15		(907)
Net income attributable to Newmont common stockholders	$1,297		$831		($1,895)
Basic and diluted:
Continuing operations	2.68		1.8		-2.18
Discontinued operations	-0.02		0.03		-2.01
Total income per common share, Basic and diluted	2.66		1.83		-4.19
Cash dividends declared per common share	0.4		0.4		0.4
[1]Exclusive of Amortization and Accretion.
[2]Exclusive of Loss on settlement of price-capped forward sales contracts, Midas redevelopment, Amortization and Accretion.

1_Statements of Consolidated In

Statements of Consolidated Income (Loss) (Parenthetical) (USD $)
In Millions	12 Months Ended Dec. 31, 2009	12 Months Ended Dec. 31, 2008	12 Months Ended Dec. 31, 2007
Other income (expense)
Capitalized interest on interest expense	$111	$47	$50

Statements of Consolidated Cash

Statements of Consolidated Cash Flows (USD $)
In Millions	12 Months Ended Dec. 31, 2009	12 Months Ended Dec. 31, 2008	12 Months Ended Dec. 31, 2007
Operating activities:
Net income (loss)	$2,093	$1,160	($1,485)
Adjustments:
Amortization	806	738	685
Stock based compensation and other benefits	57	50	46
Accretion of accumulated reclamation obligations (Note 25)	46	41	35
Revaluation of contingent consideration (Note 13)	23	0	0
Loss (income) from discontinued operations (Note 10)	16	(13)	905
Reclamation estimate revisions (Note 25)	13	101	29
Write-down of property, plant and mine development	7	137	10
Impairment of marketable securities (Note 16)	6	114	46
Deferred income taxes	1	(315)	(156)
Write-down of goodwill	0	0	1,122
Gain on asset sales, net	(24)	(72)	(10)
Other operating adjustments and write-downs	97	83	30
Net change in operating assets and liabilities (Note 28)	(227)	(627)	(729)
Net cash provided from continuing operations	2,914	1,397	528
Net cash provided from (used in) discontinued operations (Note 10)	33	(104)	137
Net cash provided from operations	2,947	1,293	665
Investing activities:
Additions to property, plant and mine development	(1,769)	(1,870)	(1,669)
Acquisitions, net (Note 13)	(1,007)	(325)	(953)
Sales of marketable securities	17	50	224
Purchases of marketable securities	(5)	(17)	(258)
Repayment of noncontrolling partner loan (Note 11)	0	0	161
Other	(17)	16	23
Net cash used in investing activities of continuing operations	(2,781)	(2,146)	(2,472)
Net cash provided from (used in) investing activities of discontinued operations (Note 10)	0	(11)	1,359
Net cash used in investing activities	(2,781)	(2,157)	(1,113)
Financing activities:
Proceeds from debt, net	4,299	5,078	3,001
Repayment of debt	(2,731)	(4,483)	(2,036)
Proceeds from stock issuance, net	1,278	29	51
Sale of subsidiary shares to noncontrolling interests (Note 11)	638	0	0
Acquisition of subsidiary shares from noncontrolling interests (Note 11)	(287)	0	0
Dividends paid to noncontrolling interests	(394)	(389)	(270)
Dividends paid to common stockholders	(196)	(182)	(181)
Purchase of Company share call options (Note 12)	0	0	(366)
Issuance of Company share warrants (Note 12)	0	0	248
Change in restricted cash and other	(35)	74	11
Net cash provided from financing activities of continuing operations	2,572	127	458
Net cash provided from (used in) financing activities of discontinued operations (Note 10)	(2)	(4)	7
Net cash provided from financing activities	2,570	123	465
Effect of exchange rate changes on cash	44	(54)	50
Net change in cash and cash equivalents	2,780	(795)	67
Cash and cash equivalents at beginning of period	435	1,230	1,163
Cash and cash equivalents at end of period	$3,215	$435	$1,230

Consolidated Balance Sheets

Consolidated Balance Sheets (USD $)
In Millions	Dec. 31, 2009	Dec. 31, 2008
ASSETS
Cash and cash equivalents	$3,215	$435
Trade receivables	438	104
Accounts receivable	102	214
Investments (Note 16)	56	12
Inventories (Note 17)	493	507
Stockpiles and ore on leach pads (Note 18)	403	290
Deferred income tax assets (Note 8)	215	284
Other current assets (Note 19)	900	455
Current assets	5,822	2,301
Property, plant and mine development, net (Note 20)	12,370	10,128
Investments (Note 16)	1,186	655
Stockpiles and ore on leach pads (Note 18)	1,502	1,136
Deferred income tax assets (Note 8)	937	1,039
Other long-term assets (Note 19)	482	395
Assets of operations held for sale (Note 10)	0	73
Total assets	22,299	15,727
LIABILITIES
Current portion of debt (Note 21)	157	165
Accounts payable	396	411
Employee-related benefits (Note 22)	250	170
Income and mining taxes (Note 8)	200	61
Other current liabilities (Note 24)	1,317	770
Current liabilities	2,320	1,577
Debt (Note 21)	4,652	3,072
Reclamation and remediation liabilities (Note 25)	805	699
Deferred income tax liabilities (Note 8)	1,341	1,051
Employee-related benefits (Note 22)	381	379
Other long-term liabilities (Note 24)	174	252
Liabilities of operations held for sale (Note 10)	13	36
Total liabilities	9,686	7,066
EQUITY
Common stock - $1.60 par value; Authorized - 750 million shares Issued and outstanding - Common: 482 million and 443 million shares issued, less 270,000 and 264,000 treasury shares, respectively; Exchangeable: 56 million shares issued, less 47 million and 44 million redeemed shares, respectively	770	709
Additional paid-in capital	8,158	6,831
Accumulated other comprehensive income (loss) (Note 26)	626	(253)
Retained earnings	1,149	4
Newmont stockholders' equity	10,703	7,291
Noncontrolling interests	1,910	1,370
Total equity	12,613	8,661
Total liabilities and equity	$22,299	$15,727

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) (USD $)
	Dec. 31, 2009	Dec. 31, 2008
EQUITY
Common stock, par value	1.6	1.6
Common stock, shares authorized	750,000,000	750,000,000
Common stock, shares issued	482,000,000	443,000,000
Treasury shares	270,000	264,000
Exchangeable common stock, shares issued	56,000,000	56,000,000
Exchangeable common stock, shares redeemed	47,000,000	44,000,000

Statements of Consolidated Chan

Statements of Consolidated Changes in Stockholders Equity (USD $)
In Millions	Common Stock	Additional Paid-In Capital	Retained Earnings (Deficit)	Accumulated Other Comprehensive Income (Loss)	Noncontrolling Interest	Total
Beginning Balance, shares at Dec. 31, 2006	451
Beginning Balance at Dec. 31, 2006	$677	$6,703	$1,284	$673	$1,098	$10,435
Net income (loss)			(1,895)		410	(1,485)
Other comprehensive income (loss)				284	4	288
Dividends paid		(90)	(91)		(270)	(451)
Uncertain tax positions			(108)		4	(104)
Acquisition of Miramar Mining Corporation					39	39
Convertible debt issuance		220				220
Repayment of noncontrolling partner loan					161	161
Other					3	3
Stock based compensation and related share issuances	4	88				92
Stock based compensation and related share issuances, shares	2
Shares issued in exchange for exchangeable shares	15	(15)
Warrants issued (Note 12)		248				248
Call options purchased (net of $128 deferred tax assets)		(238)				(238)
Ending Balance at Dec. 31, 2007	696	6,916	(810)	957	1,449	9,208
Ending Balance, shares at Dec. 31, 2007	453
Net income (loss)			831		329	1,160
Other comprehensive income (loss)				(1,210)	(2)	(1,212)
Dividends paid		(165)	(17)		(389)	(571)
Acquisition of subsidiary shares from noncontrolling interests					(17)	(17)
Stock based compensation and related share issuances	2	91				93
Stock based compensation and related share issuances, shares	2
Shares issued in exchange for exchangeable shares	11	(11)
Ending Balance at Dec. 31, 2008	709	6,831	4	(253)	1,370	8,661
Ending Balance, shares at Dec. 31, 2008	455
Net income (loss)			1,297		796	2,093
Other comprehensive income (loss)				879	3	882
Dividends paid		(44)	(152)		(394)	(590)
Common stock issuance	55	1,179				1,234
Common stock issuance, shares	34
Convertible debt issuance		46				46
Sale of subsidiary shares to noncontrolling interests		63			467	530
Acquisition of subsidiary shares from noncontrolling interests					(332)	(332)
Stock based compensation and related share issuances	3	86				89
Stock based compensation and related share issuances, shares	2
Shares issued in exchange for exchangeable shares	3	(3)
Ending Balance at Dec. 31, 2009	$770	$8,158	$1,149	$626	$1,910	$12,613
Ending Balance, shares at Dec. 31, 2009	491

2_Statements of Consolidated Ch

Statements of Consolidated Changes in Stockholders Equity (Parenthetical) (USD $)
In Millions	Additional Paid-In Capital	Total
Deferred tax assets on call option purchased	$128	$128

Statements of Consolidated Comp

Statements of Consolidated Comprehensive Income (Loss) (USD $)
In Millions	12 Months Ended Dec. 31, 2009	12 Months Ended Dec. 31, 2008	12 Months Ended Dec. 31, 2007
Statements of Consolidated Comprehensive Income (Loss) [Abstract]
Net income (loss)	$2,093	$1,160	($1,485)
Other comprehensive income (loss):
Unrealized gain (loss) on marketable securities, net of $(82), $105 and $(19) tax benefit (expense), respectively	418	(573)	113
Foreign currency translation adjustments	264	(387)	138
Change in pension and other post-retirement benefits, net of $(7), $69 and $(18) tax benefit (expense), respectively
Net change from periodic valuations	4	(139)	18
Net amount reclassified to income	10	9	15
Net unrecognized loss on pension and other post-retirement benefits	14	(130)	33
Change in fair value of cash flow hedge instruments, net of $(82), $53 and $(3) tax benefit (expense), respectively
Net change from periodic revaluations	183	(127)	5
Net amount reclassified to income	3	5	(1)
Net unrecognized gain (loss) on derivatives	186	(122)	4
Other comprehensive income (loss)	882	(1,212)	288
Comprehensive income (loss)	2,975	(52)	(1,197)
Comprehensive income (loss) attributable to:
Newmont stockholders	2,176	(379)	(1,611)
Noncontrolling interests	799	327	414
Comprehensive income (loss)	$2,975	($52)	($1,197)

3_Statements of Consolidated Co

Statements of Consolidated Comprehensive Income (Loss) (Parenthetical) (USD $)
In Millions	12 Months Ended Dec. 31, 2009	12 Months Ended Dec. 31, 2008	12 Months Ended Dec. 31, 2007
Other comprehensive income (loss):
Tax effect on unrealized gain (loss) on marketable securities	($82)	$105	($19)
Tax effect on change in pension and other post-retirement benefits	(7)	69	(18)
Tax effect on change in fair value of cash flow hedge instruments	($82)	$53	($3)

The Company

The Company
	12 Months Ended Dec. 31, 2009 USD / shares
The Company [Abstract]
THE COMPANY	NOTE1 THE COMPANY Newmont Mining Corporation and its affiliates and subsidiaries (collectively, Newmont or the Company) predominantly operates in the mining industry, focused on the exploration for and production of gold and copper. The Company has significant assets or operations in the United States, Australia, Peru, Indonesia, Ghana, Canada, New Zealand and Mexico. The cash flow and profitability of the Companys operations are significantly affected by the market price of gold, and to a lesser extent, copper. The prices of gold and copper are affected by numerous factors beyond the Companys control. The Company has evaluated all subsequent events through February24, 2010. References to A$ refers to Australian currency, C$ to Canadian currency, NZ$ to NewZealand currency, IDR to Indonesian currency and $ to United States currency.

Summary of Significant Accounti

Summary of Significant Accounting Policies
	12 Months Ended Dec. 31, 2009 USD / shares
Summary of Significant Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE2 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The Accounting Standards Codification In June 2009, the Financial Accounting Standards Board (FASB) established the FASB Accounting Standards Codification (ASC) as the single source of authoritative generally accepted accounting principles (GAAP) to be applied by nongovernmental entities. The ASC is a new structure which took existing accounting pronouncements and organized them by accounting topic. Relevant authoritative literature issued by the Securities and Exchange Commission (SEC) and select SEC staff interpretations and administrative literature was also included in the ASC. All other accounting guidance not included in the ASC is non-authoritative. The ASC was effective for the Companys interim quarterly period beginning July1, 2009. The adoption of the ASC did not have an impact on the Companys consolidated financial position, results of operations or cash flows. Use of Estimates The Companys Consolidated Financial Statements have been prepared in accordance with GAAP. The preparation of the Companys Consolidated Financial Statements requires the Company to make estimates and assumptions that affect the reported amounts of assets and liabilities and the related disclosure of contingent assets and liabilities at the date of the Consolidated Financial Statements and the reported amounts of revenues and expenses during the reporting period. The more significant areas requiring the use of management estimates and assumptions relate to mineral reserves that are the basis for future cash flow estimates utilized in impairment calculations and units-of-production amortization calculations; environmental, reclamation and closure obligations; estimates of recoverable gold and other minerals in stockpile and leach pad inventories; estimates of fair value for certain reporting units and asset impairments (including impairments of goodwill, long-lived assets and investments); write-downs of inventory, stockpiles and ore on leach pads to net realizable value; post-employment, post-retirement and other employee benefit liabilities; valuation allowances for deferred tax assets; reserves for contingencies and litigation; and the fair value and accounting treatment of financial instruments including marketable securities and derivative instruments. The Company bases its estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances. Accordingly, actual results may differ significantly from these estimates under different assumptions or conditions. Principles of Consolidation The Consolidated Financial Statements include the accounts of Newmont Mining Corporation and more-than-50%-owned subsidiaries that it controls and entities over which control is achieved through means other than voting rights. The Company also includes its pro-rata share of assets, liabilities and operations for unincorporated joint ventures in which it has an interest. All significant intercompany balances and transactions have been eliminated. The functional currency for the majority of the Companys operations, including

Price-Capped Forward Sales Cont

Price-Capped Forward Sales Contracts
	12 Months Ended Dec. 31, 2009 USD / shares
Price-Capped Forward Sales Contracts [Abstract]
PRICE-CAPPED FORWARD SALES CONTRACTS	NOTE3 PRICE-CAPPED FORWARD SALES CONTRACTS In 2001, the Company entered into transactions that closed out certain call options. The options were replaced with a series of forward sales contracts requiring physical delivery of the same quantity of gold over slightly extended future periods. Under the terms of the contracts, the Company would realize the lower of the spot price on the delivery date or the capped price, ranging from $381 to $392 per ounce. The forward sales contracts were accounted for as normal sales contracts in accordance with ASC guidance for derivative instruments. The initial fair value of the forward sales contracts was recorded as deferred revenue, and the fair value of these contracts was not included on the Consolidated Balance Sheets. In June 2007, the Company paid $578 to settle the 1.85million ounce price-capped forward sales contracts. The Company reported a $531 pre-tax loss on the early settlement of the contracts, after a $47 reversal of previously recognized deferred revenue.

Midas Redevelopment

Midas Redevelopment
	12 Months Ended Dec. 31, 2009 USD / shares
Midas Redevelopment [Abstract]
MIDAS REDEVELOPMENT	NOTE4 MIDAS REDEVELOPMENT In June 2007, a fatal accident occurred at the Midas mine in Nevada, which resulted in a temporary suspension of operations at the mine to initiate rescue and subsequent recovery efforts. As a result, the Mine Safety and Health Administration (MSHA) issued an order requiring operations to temporarily cease at the mine. During the third and fourth quarters of 2007, activities were undertaken, at the direction of MSHA, to regain entry into the mine in order to resume commercial production which restarted in October 2007. The redevelopment and holding costs of $11 in 2007 included access development, inspection, preventative repairs and road and mill maintenance.

Advanced Projects, Research and

Advanced Projects, Research and Development
	12 Months Ended Dec. 31, 2009 USD / shares
Advanced Projects, Research and Development [Abstract]
ADVANCED PROJECTS, RESEARCH AND DEVELOPMENT	NOTE5 ADVANCED PROJECTS, RESEARCH AND DEVELOPMENT Years Ended December31, 2009 2008 2007 Major projects: Boddington $ 25 $ 3 $ 3 Hope Bay 25 39 Akyem 8 7 6 Conga 4 4 3 Other projects: Technical and project services 24 23 15 Nevada growth 15 12 7 Corporate 14 15 2 Yanacocha sulfides 5 1 5 Tanami optimization 4 4 3 Forta la Corne JV 1 26 Euronimba 15 7 Other 10 17 11 $ 135 $ 166 $ 62

Other Expense, Net

Other Expense, Net
	12 Months Ended Dec. 31, 2009 USD / shares
Other Expense, Net [Abstract]
OTHER EXPENSE, NET	NOTE6 OTHER EXPENSE, NET Years Ended December31, 2009 2008 2007 Boddington acquisition costs (Note13) $ 67 $ $ Regional administration 55 48 38 Community development 52 65 58 Western Australia power plant 37 18 11 Peruvian royalty 28 18 10 Revaluation of contingent consideration (Note13) 23 Workforce reduction 14 Reclamation estimate revisions (Note25) 13 101 29 Batu Hijau divestiture and arbitration 12 15 3 Accretion, non-operating (Note25) 12 10 8 World Gold Council dues 11 10 11 Pension settlement loss (Note22) 13 17 Buyat Bay settlement and other (Note33) (3 ) 3 12 Provision for bad debts (6 ) 9 1 Other 68 41 45 $ 383 $ 351 $ 243

Other Income, Net

Other Income, Net
	12 Months Ended Dec. 31, 2009 USD / shares
Other Income, Net [Abstract]
OTHER INCOME, NET	NOTE7 OTHER INCOME, NET Years Ended December31, 2009 2008 2007 Canadian Oil Sands Trust income $ 26 $ 110 $ 47 Interest income 16 29 50 Gain on sale of exploration property 14 32 Refinery income 14 4 Gain on sale of investments, net 8 30 Royalty income 5 3 Income from development projects, net 4 12 3 Gain on other asset sales, net 2 10 10 Gain (loss) on ineffective portion of derivative instruments, net (Note15) (6 ) 10 4 Impairment of marketable securities (Note16) (6 ) (114 ) (46 ) Foreign currency exchange gains (losses), net (1 ) (12 ) 25 Other 12 9 7 $ 88 $ 123 $ 100

Income Taxes

Income Taxes
	12 Months Ended Dec. 31, 2009 USD / shares
Income Taxes [Abstract]
INCOME TAXES	NOTE8 INCOME TAXES The Companys Income tax (expense) benefit consisted of: Years Ended December31, 2009 2008 2007 Current: United States $ (5 ) $ (62 ) $ 121 Foreign (782 ) (353 ) (467 ) (787 ) (415 ) (346 ) Deferred: United States 42 246 4 Foreign (43 ) 69 152 (1 ) 315 156 $ (788 ) $ (100 ) $ (190 ) The Companys Income (loss) from continuing operations before income tax expense and other items consisted of: Years Ended December31, 2009 2008 2007 United States $ 262 $ 531 $ (169 ) Foreign 2,651 721 (220 ) $ 2,913 $ 1,252 $ (389 ) The Companys income tax expense differed from the amounts computed by applying the United States statutory corporate income tax rate for the following reasons: Years Ended December31, 2009 2008 2007 Income (loss) from continuing operations before income tax expense and other items $ 2,913 $ 1,252 $ (389 ) United States statutory corporate income tax rate 35 % 35 % 35 % Income tax (expense) benefit computed at United States statutory corporate income tax rate (1,020 ) (438 ) 136 Reconciling items: Percentage depletion 127 130 70 Change in valuation allowance on deferred tax assets 32 (31 ) 17 Effect of foreign earnings, net of allowable credits 6 (13 ) U.S. tax effect of noncontrolling interest attributable to non-U.S. investees 18 19 4 Rate differential for foreign earnings indefinitely reinvested 4 (20 ) (7 ) Resolution of prior years uncertain income tax matters 38 69 (3 ) Foreign currency translation of monetary assets 21 Tax effect of changes in tax laws 4 Tax effect of impairment of goodwill (393 ) Tax effect of loss generated on change in form of a non-U.S. subsidiary 159 Other 7 (9 ) (5 ) Income tax expense $ (788 ) $ (100 ) $ (190 )

Equity Income

Equity Income (Loss) of Affiliates
	12 Months Ended Dec. 31, 2009 USD / shares
Equity Income (Loss) of Affiliates [Abstract]
EQUITY INCOME (LOSS) OF AFFILIATES	NOTE9 EQUITY INCOME (LOSS) OF AFFILIATES Years Ended December31, 2009 2008 2007 AGR Matthey Joint Venture $ 5 $ (2 ) $ 1 Regis Resources NL (3 ) (8 ) European Gold Refineries 6 LaZanja (4 ) Euronimba (17 ) $ (16 ) $ (5 ) $ (1 ) AGR Matthey Joint Venture Newmont holds a 40% interest in the AGR Matthey Joint Venture (AGR), a gold refinery, with Johnson Matthey (Australia) Ltd. and the West Australian Mint holding the remaining interests. Newmont has no guarantees related to this investment. Newmont received dividends of $2, $nil and $2 during 2009, 2008 and 2007, respectively, from its interests in AGR. See also Note27 for details of Newmonts transactions with AGR. Regis Resources NL Prior to December 2009, Newmont held a 23.15% interest in Regis Resources NL (Regis Resources), a gold exploration company with substantial landholdings in Western Australia. Newmont has no guarantees related to this investment. On December22, 2009, Regis Resources issued common shares through a rights issue. As a result, Newmonts ownership interest in Regis Resources was diluted to 14.82% and we discontinued equity accounting for our investment in Regis Resources. European Gold Refineries Prior to May1, 2008, Newmont held a 46.72% interest in European Gold Refineries (EGR), sole owner of Valcambi SA, a London Good Delivery precious metals refiner and manufacturer of precious metal coins, medallions and luxury watch components. See Note13 for a discussion of the acquisition of additional shares resulting in the consolidation of EGR in 2008. LaZanja Newmont holds a 46.94% interest in LaZanja, a gold project near the city of Cajamarca, Peru. The remaining interests are held by CompanTHORNia de Minas Buenaventura, S.A.A. (Buenaventura). The mine is being developed by and will be operated by Buenaventura. The construction of LaZanja is approximately 50% complete and production is expected to begin in the third quarter of 2010. The site will consist of two small open pits and one oxide leach pad that will produce approximately 450,000 ounces of gold (Newmonts share will be approximately 210,000 ounces) over its seven year life. Euronimba Newmont holds a 43.5% interest in Euronimba, an iron ore project located in the Republic of Guinea. The remaining interests are held by BHP Billiton (43.5%) and Areva (13%). Euronimba is in the early stages of development and it is currently estimated that production will begin in 2018. Approximately 600million tons of iron ore, mainly hematite, will be mined over the projects 20 plus year estimated life.

Discontinued Operations and Ass

Discontinued Operations and Assets and Liabilities Held For Sale
	12 Months Ended Dec. 31, 2009 USD / shares
Discontinued Operations and Assets and Liabilities Held For Sale [Abstract]
DISCONTINUED OPERATIONS AND ASSETS AND LIABILITIES HELD FOR SALE	NOTE10 DISCONTINUED OPERATIONS AND ASSETS AND LIABILITIES HELD FOR SALE Discontinued operations include the Kori Kollo operation sold in July 2009, the royalty portfolio and Pajingo operation, both sold in December 2007 and the Zarafshan operation expropriated by the Uzbekistan government in 2006. In July 2009, the Company sold its interest in the Kori Kollo operation in Bolivia. As part of the transaction, a reclamation trust fund was established with the proceeds to be made available exclusively to pay for closure and reclamation costs when operations eventually cease. The Company recorded a $13 liability for the trust fund and recognized a $16 charge, net of tax benefits. In December 2007, the Company sold substantially all of Pajingos assets for cash and marketable equity securities totaling $23 resulting in a gain of $8. Additional Pajingo asset sales resulted in a gain of $1 in 2008. In June 2007, the Companys Board of Directors approved a plan to cease Merchant Banking activities. As part of this plan, Newmont decided to dispose of the royalty portfolio assets and a portion of the marketable equity securities portfolio and to cease further investments in marketable equity securities that do not support the core gold mining business. In June 2007, Newmont recorded a $1,665 non-cash charge to impair the goodwill associated with the Merchant Banking Segment. In December 2007, Newmont received net cash proceeds of $1,187 and recognized a gain of $905 related to the sale of the royalty portfolio. In 2008, Newmont recognized additional royalty portfolio revenue of $6 in excess of the 2007 estimate and recorded a $19 tax benefit related to the US tax return true-up on the sale of the royalty portfolio. The Companys interest in the Zarafshan operation was expropriated by the Uzbekistan government in 2006. In 2007, after pursuing international arbitration, Newmont received proceeds of $80 and recognized a gain of $77 related to the settlement. Newmont has accounted for these dispositions in accordance with accounting guidance for the impairment or disposal of long-lived assets. The Company has reclassified the balance sheet amounts and the income statement results from the historical presentation to Assets and Liabilities of operations held for sale on the Consolidated Balance Sheets and to Income (loss) from discontinued operations in the Consolidated Statements of Income (Loss) for all periods presented. The Consolidated Statements of Cash Flows have been reclassified for assets held for sale and discontinued operations for all periods presented. The following table details selected financial information included in the Income (loss) from discontinued operations in the Consolidated Statements of Income (Loss): Years Ended December31, 2009 2008 2007 Sales gold, net $ 32 $ 75 $ 179 Income (loss) from operations: Kori Kollo $ 1 $ (9 ) $ 22 Royalty portfolio 6 123 Pajingo

Net Income Attributable to Nonc

Net Income Attributable to Noncontrolling Interests
	12 Months Ended Dec. 31, 2009 USD / shares
Net Income Attributable to Noncontrolling Interests [Abstract]
NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS	NOTE11 NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS Years Ended December31, 2009 2008 2007 Batu Hijau $ 445 $ 98 $ 299 Yanacocha 354 232 108 Other (3 ) (1 ) 3 $ 796 $ 329 $ 410 In November and December 2009, Newmont, through NTP, completed the sale and transfer of shares for a 17% interest in PTNNT, the Indonesian subsidiary that operates Batu Hijau, to PT Multi Daerah Bersaing (PTMDB) in compliance with divestiture obligations under the Contract of Work, reducing NTPs ownership interest to 63% from 80%. Newmont has a 56.25% interest in NTP, with an affiliate of Sumitomo Corporation of Japan (Sumitomo) holding the remaining 43.75%. Newmont identified NTP as a VIE as a result of certain capital structures and contractual relationships. The share transfers resulted in gains of approximately $63 (after tax of $115) that have been recorded in Additional paid in capital. As a result of the sale, Newmonts ownership in Batu Hijau was reduced from 45% to 35.44%. In December 2009, Newmont entered into a transaction with P.T.Pukuafu Indah (PTPI), an unrelated noncontrolling partner of PTNNT, whereby the Company agreed to advance certain funds to PTPI in exchange for a pledge of the noncontrolling partners 20% share of PTNNT dividends, net of withholding tax, and the assignment of its voting rights to the Company. As a result, PTPI was determined to be a VIE as it has minimal equity capital and the voting rights to its 20% interest in PTNNT reside with Newmont. Based on the above transaction, the Company recognized an additional 17% effective economic interest in PTNNT. Combined with the Companys 56.25% ownership in NTP, Newmont has a 52.44% effective economic interest in PTNNT and continues to consolidate Batu Hijau in its Consolidated Financial Statements. In 2007, because PTPI had been advanced a loan by NTP and was not obligated to absorb the expected losses of PTNNT, PTPIs interest was considered a carried interest and Newmont reported a 52.88% economic interest in Batu Hijau, which reflected Newmonts actual economic interest in the mine until such time as the loan was fully repaid (including accrued interest). On May25, 2007, PTPI fully repaid the loan (including accrued interest) from NTP. As a result of the loan repayment, Newmonts economic interest in Batu Hijau was reduced from 52.88% to 45% and Net income attributable to noncontrolling interests increased by $25 (after-tax) in the second quarter of 2007. Newmont has a 51.35% ownership interest in Minera Yanacocha SR.L. (Yanacocha), with the remaining interests held by Compaia de Minas Buenaventura, S.A.A. (43.65%) and the International Finance Corporation (5%).

Newmont Equity and Income

Newmont Equity and Income (Loss) Per Share
	12 Months Ended Dec. 31, 2009 USD / shares
Newmont Equity and Income (Loss) Per Share [Abstract]
NEWMONT EQUITY AND INCOME (LOSS) PER SHARE	NOTE12 NEWMONT EQUITY AND INCOME (LOSS) PER SHARE Newmont Common Stock In October 2007, Newmont filed a shelf registration statement on FormS-3 under which it can issue an indeterminate number or amount of common stock, preferred stock, debt securities, guarantees of debt securities and warrants from time to time at indeterminate prices. It also included the resale of an indeterminate amount of common stock, preferred stock and debt securities from time to time upon exercise of warrants or conversion of convertible securities. The Company paid common stock dividends of $0.40 per share in 2009, 2008 and 2007. Treasury Stock Treasury stock is acquired by the Company when certain restricted stock awards vest or are forfeited (see Note23). At vesting, a participant has a tax liability and, pursuant to the participants award agreement, may elect withholding of restricted stock to satisfy tax withholding obligations. The withheld or forfeited stock is accounted for as treasury stock and carried at the par value of the related common stock. Exchangeable Shares In connection with the acquisition of Franco-Nevada Corporation (Franco) in February 2002, certain holders of Franco common stock received 0.8 of an exchangeable share of Newmont Mining Corporation of Canada Limited (formerly Franco) for each share of common stock held. These exchangeable shares are convertible, at the option of the holder, into shares of Newmont common stock on a one-for-one basis, and entitle holders to dividends and other rights economically equivalent to holders of Newmont common stock. At December31, 2009 and 2008, the value of these no-par shares was included in Additional paid-in capital. Call Spread Transactions In connection with the issuance of $1,150 of convertible notes in July 2007 (see Note21), the Company entered into separate convertible note hedge transactions and separate warrant transactions with respect to the Companys common stock to minimize the impact of the potential dilution upon conversion of the convertible notes. The Company purchased call options in private transactions to cover 24,887,956shares of the Companys common stock at a strike price of $46.21 per share, subject to adjustment in certain circumstances, for approximately $366. The call options generally allow the Company to receive shares of the Companys common stock from counterparties equal to the number of shares of common stock payable to the holders of the notes upon conversion. The Company also sold warrants in private transactions permitting the purchasers to acquire up to 24,887,956shares of the Companys common stock at an exercise price of $60.27, subject to adjustments in certain circumstances, for total proceeds of approximately $248. The Company has analyzed the Call Spread Transactions under ASC guidance for derivative financial instruments indexed to and potentially settled in a companys own stock and other relevant literature, and determined that they meet the criteria for classification as equity transactions. As a result, the Company recorded the purchase of the call options as a reduction in additional paid-in ca

Acquisitions

Acquisitions
	12 Months Ended Dec. 31, 2009 USD / shares
Acquisitions [Abstract]
ACQUISITIONS	NOTE13 ACQUISITIONS On June25, 2009 the Company completed the acquisition of the remaining 33.33% interest in Boddington from AngloGold Ashanti Australia Limited (AngloGold). The valuation date for the transaction was January1, 2009, and closing adjustments were made to reflect Newmonts economic ownership from that date. Consideration for the acquisition consisted of $750 less an $8 closing adjustment paid in cash at closing, $240 paid in cash in December 2009, and a contingent royalty capped at $100, equal to 50% of the average realized operating margin (Revenue less Costs applicable to sales on a by-product basis), if any, exceeding $600 per ounce, payable quarterly beginning in the second quarter of 2010 on one-third of gold sales from Boddington. The following table summarizes the original consideration to acquire the remaining interest in Boddington: Cash paid in June 2009 $ 742 Cash paid in December 2009 240 Contingent consideration (fair value) 62 $ 1,044 At the acquisition date, the Company estimated that the fair value of the contingent consideration was approximately $62, and recognized this as part of the purchase price. At December31, 2009, the fair value of the contingent consideration was revalued to approximately $85 and the increase in fair value of $23 was recorded to Other expense, net. Amounts are payable under the contingent royalty beginning in the second quarter of 2010. The range of undiscounted amounts the Company could pay is between $0 and $100. The fair value of the contingent royalty recognized was estimated by applying the income approach. See Note14 for a description of the key inputs used in deriving fair value. In connection with the acquisition, Newmont incurred transaction costs of $67 (shown in Note6, Other expense, net), including Australian stamp duties; only $15 of these costs were paid at December31, 2009. Additionally, in June 2009, Newmont paid $182 to reimburse AngloGold for its share of capital and other project expenditures from January1, 2009 to June25, 2009. The reimbursement of capital expenditures is included in Property, plant and mine development, net, and as Additions to property, plant and mine development on the cash flow statement. The Boddington purchase price allocation based on the estimated fair values of assets acquired and liabilities assumed is as follows: Assets: Cash $ 1 Property, plant and mine development, net 1,073 Inventories and stockpiles 7 Deferred income tax asset 28 Other assets 11 $ 1,120 Liabilities: Accrued liabilities $ 33 Reclamation liabilities 15 Deferred income tax liability 28 76 Net assets acquired $ 1,044 In the first quarter of 2009, LaHerradura (of which Newmont owns 44%) purchased a mining property near its Mexico operation for cash consideration of $11 (Newmonts 44% share). The

Fair Value Accounting

Fair Value Accounting
	12 Months Ended Dec. 31, 2009 USD / shares
Fair Value Accounting [Abstract]
FAIR VALUE ACCOUNTING	NOTE14 FAIR VALUE ACCOUNTING Fair value accounting establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level1 measurements) and the lowest priority to unobservable inputs (Level3 measurements). The three levels of the fair value hierarchy are described below: Level1 Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities; Level2 Quoted prices in markets that are not active, or inputs that are observable, either directly or indirectly, for substantially the full term of the asset or liability;and Level3 Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable (supported by little or no market activity). The following table sets forth the Companys assets and liabilities measured at fair value on a recurring basis (at least annually) by level within the fair value hierarchy. As required by accounting guidance, assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. Fair Value at December31, 2009 Total Level 1 Level 2 Level 3 Assets: Cash equivalents $ 1,812 $ 1,812 $ $ Marketable equity securities 1,175 1,175 Marketable debt securities: Asset backed commercial paper 18 18 Auction rate securities 5 5 Corporate 10 10 Trade receivable from provisional copper and gold concentrate sales, net 346 346 Derivative instruments, net 150 150 $ 3,516 $ 3,343 $ 150 $ 23 Liabilities: 85/8%senior notes ($222 hedged portion) $ 242 $ $ 242 $ Boddington contingent consideration 85 85 $ 327 $ $ 242 $ 85 The Companys cash equivalent instruments are classified within Level1 of the fair value hierarchy because they are valued using quoted market prices. The cash equivalent instruments that are valued based on quoted market prices in active markets are primarily money market securities and U.S.Treasury securities. The Companys marketable equity securities are valued using quoted market prices in active markets and as such are classified within Level1 o

Derivative Instruments

Derivative Instruments
	12 Months Ended Dec. 31, 2009 USD / shares
Derivative Instruments [Abstract]
DERIVATIVE INSTRUMENTS	NOTE15 DERIVATIVE INSTRUMENTS Our strategy is to provide shareholders with leverage to changes in the gold and copper prices by selling our gold and copper production at current market prices. Consequently, we do not hedge our gold and copper sales. We continue to manage risks associated with commodity input costs, interest rates and foreign currencies using the derivative market. Cash Flow Hedges Foreign Currency Contracts Newmont utilizes foreign currency contracts to reduce the variability of the US dollar amount of forecasted foreign currency expenditures caused by changes in exchange rates. Newmont hedges up to 80% of the Companys IDR denominated operating expenditures which results in a blended IDR/$ rate realized each period. The hedging instruments are fixed forward contracts with expiration dates ranging up to one year from the date of issue. The principal hedging objective is reduction in the volatility of realized period-on-period IDR/$ rates. During 2009, 2008 and 2007, the IDR/$ fixed forward contracts increased Batu Hijau Costs applicable to sales by $nil and $2, and reduced Batu Hijau Costs applicable to sales by $4, respectively. At December31, 2009, the Company has hedged 32% of its expected 2010 IDR operating expenditures. The Company hedges up to 85% of the Companys A$ denominated operating expenditures with fixed forward contracts that have expiration dates ranging up to three years from the date of issue. The principal hedging objective is reduction in the volatility of realized period-on-period $/A$ rates. Each month, fixed forward contracts are obtained to hedge 1/36th of the forecasted monthly A$ operating cost exposure in the rolling three-year hedge period resulting in a blended $/A$ rate realized. During 2009, 2008 and 2007, the A$ operating hedging instruments increased Other Australia/New Zealand Costs applicable to sales by $7 and $13, and reduced Other Australia/New Zealand Costs applicable to sales by $1, respectively. During 2009, the A$ operating hedge instruments decreased Boddington Costs applicable to sales by $2. At December31, 2009, the Company has hedged 60%, 37% and 13% of its expected 2010, 2011 and 2012 A$ operating expenditures, respectively. The Company hedges up to 75% of the Companys NZ$ denominated operating expenditures with fixed forward contracts that have expiration dates ranging up to two years from the date of issue. The principal hedging objective is reduction in the volatility of realized period-on-period $/NZ$ rates. Each month, fixed forward contracts are obtained to hedge 1/24th of the forecasted monthly NZ$ operating cost exposure in the rolling two-year hedge period resulting in a blended $/NZ$ rate realized. During 2009, 2008 and 2007, the NZ$ operating hedging instruments increased Other Australia/New Zealand Costs applicable to sales by $2, $2 and $nil. At December31, 2009, the Company has hedged 61% and 21% of its expected 2010 and 2011 NZ$ operating expenditures, respectively. The Company hedged A$ denominated capital expenditures related to the construction of Boddington. The hedging instruments consisted of a series of fixed for

Investments

Investments
	12 Months Ended Dec. 31, 2009 USD / shares
Investments [Abstract]
INVESTMENTS	NOTE16 INVESTMENTS At December31, 2009 Cost/Equity Unrealized Fair/Equity Basis Gain Loss Basis Current: Marketable Equity Securities: Regis Resources $ 5 $ 29 $ $ 34 Other 10 12 22 $ 15 $ 41 $ $ 56 Long-term: Marketable Debt Securities: Asset backed commercial paper $ 24 $ $ (6 ) $ 18 Auction rate securities 7 (2 ) 5 Corporate 8 2 10 39 2 (8 ) 33 Marketable Equity Securities: Canadian Oil Sands Trust 292 584 876 Gabriel Resources Ltd. 74 136 210 Shore Gold Inc. 4 11 15 Other 11 7 18 381 738 1,119 Other investments, at cost 6 6 Investment in Affiliates (Note9): AGR Matthey Joint Venture 20 20 LaZanja 8 8 $ 454 $ 740 $ (8 ) $ 1,186 At December31, 2008 Cost/Equity Unrealized Fair/Equity Basis Gain Loss Basis Current: Marketable Equity Securities $ 14 $ 1 $ (3 ) $ 12 Long-term: Marketable Debt Securities: Asset backed commercial paper $ 25 $ $ (3 ) $ 22 Auction rate securities 7 (2 ) 5 32 (5 ) 27 Marketable Equity Securities: Canadian Oil Sands Trust 251 283 534 Gabriel Resources Ltd. 64 64 Shore Gold Inc. 6 6 Other 8 (3 ) 5

Inventories

Inventories
	12 Months Ended Dec. 31, 2009 USD / shares
Inventories [Abstract]
INVENTORIES	NOTE17 INVENTORIES At December31, 2009 2008 In-process $ 80 $ 53 Concentrate 10 54 Precious metals 9 20 Materials, supplies and other 394 380 $ 493 $ 507 The Company recorded aggregate write-downs of $9, $5 and $3 for 2009, 2008 and 2007, respectively, to reduce the carrying value of inventories to net realizable value. Write-downs in 2009 and 2008 were related to Nevada and Batu Hijau. Write-downs in 2007 were related to Kalgoorlie, Waihi and Jundee in Asia Pacific. Inventory write-downs are classified as components of Costs applicable to sales.

Stockpiles and Ore on Leach Pad

Stockpiles and Ore on Leach Pads
	12 Months Ended Dec. 31, 2009 USD / shares
Stockpiles and Ore on Leach Pads [Abstract]
STOCKPILES AND ORE ON LEACH PADS	NOTE18 STOCKPILES AND ORE ON LEACH PADS At December31, 2009 2008 Current: Stockpiles $ 206 $ 117 Ore on leach pads 197 173 $ 403 $ 290 Long-term: Stockpiles $ 1,181 $ 873 Ore on leach pads 321 263 $ 1,502 $ 1,136 At December31, 2009, stockpiles were primarily located at Batu Hijau ($834), Nevada ($269), Ahafo ($72), Boddington ($59) and Other Australia/New Zealand ($121) while leach pads were primarily located at Yanacocha ($337) and Nevada ($176). The Company recorded aggregate write-downs of $nil, $2 and $14 for 2009, 2008 and 2007, respectively, to reduce the carrying value of stockpiles and leach pads to net realizable value. Write-downs in 2008 were related to Jundee in Asia Pacific. Write-downs in 2007 were primarily related to Yanacocha in South America and Jundee and Waihi in Asia Pacific. Stockpile and ore on leach pads write-downs are classified as components of Costs applicable to sales.

Other Assets

Other Assets
	12 Months Ended Dec. 31, 2009 USD / shares
Other Assets [Abstract]
OTHER ASSETS	NOTE19 OTHER ASSETS At December31, 2009 2008 Other current assets: Refinery metal inventory and receivable $ 671 $ 168 Derivative instruments (Note15) 92 6 Other prepaid assets 64 43 Notes receivable 11 8 Prepaid income and mining taxes 6 187 Other 56 43 $ 900 $ 455 Other long-term assets: Goodwill $ 188 $ 188 Restricted cash 70 33 Derivative instruments (Note15) 59 8 Debt issuance costs 50 29 Prepaid royalties 34 19 Other intangible assets 29 6 Other receivables 16 17 Corporate-owned life insurance 13 26 Prepaid maintenance costs 10 13 PTPI loan receivable 21 Other 13 35 $ 482 $ 395

Property, Plant and Mine Develo

Property, Plant and Mine Development
	12 Months Ended Dec. 31, 2009 USD / shares
Property, Plant and Mine Development [Abstract]
PROPERTY, PLANT AND MINE DEVELOPMENT	NOTE20 PROPERTY, PLANT AND MINE DEVELOPMENT Depreciable At December31, 2009 At December31, 2008 Life Accumulated Net Book Accumulated Net Book (In years) Cost Amortization Value Cost Amortization Value Land $ 111 $ $ 111 $ 101 $ $ 101 Facilities and equipment 1- 27 12,099 (4,816 ) 7,283 9,044 (4,297 ) 4,747 Mine development 1- 27 2,696 (1,181 ) 1,515 2,054 (923 ) 1,131 Mineral interests 1- 27 3,380 (608 ) 2,772 2,765 (561 ) 2,204 Asset retirement cost 1- 27 462 (210 ) 252 374 (181 ) 193 Construction-in-progress 437 437 1,752 1,752 $ 19,185 $ (6,815 ) $ 12,370 $ 16,090 $ (5,962 ) $ 10,128 Leased assets included above in facilities and equipment 2- 25 $ 421 $ (275 ) $ 146 $ 421 $ (264 ) $ 157 At December31, 2009 At December31, 2008 Amortization Gross Gross Period Carrying Accumulated Net Book Carrying Accumulated Net Book Mineral Interests (in years) Value Amortization Value Value Amortization Value Production stage 1- 27 $ 1,207 $ (601 ) $ 606 $ 802 $ (554 ) $ 248 Development stage 155 155 372 372 Exploration stage 1- 27 2,018 (7 ) 2,011 1,591 (7 ) 1,584 $ 3,380 $ (608 ) $ 2,772 $ 2,765 $ (561 ) $ 2,204 Construction-in-progress for 2009 of $437 included $168 at Africa primarily related to the Akyem project, the development of the Amoma pit at Ahafo and other infrastructure in Ahafo, $103 at Asia Pacific primarily related to Boddington and infrastructure at Tanami, $85 at South America primarily related to project infrastructure, a water treatment plant and a tailings

Debt

Debt
	12 Months Ended Dec. 31, 2009 USD / shares
Debt [Abstract]
DEBT	NOTE21 DEBT At December31, 2009 2008 Current Non-Current Current Non-Current Sale-leaseback of refractory ore treatment plant $ 24 $ 164 $ 24 $ 188 85/8%senior notes, net of discount (due 2011) 218 214 Corporate revolving credit facility (due 2012) 757 2012 convertible senior notes, net of discount 463 2014 convertible senior notes, net of discount 468 448 2017 convertible senior notes, net of discount 417 401 51/8%senior notes, net of discount (due 2019) 896 57/8%senior notes, net of discount (due 2035) 597 597 61/4%senior notes, net of discount (due 2039) 1,087 PTNNT project financing facility 87 133 87 219 PTNNT shareholder loans 18 Yanacocha credit facility 14 48 14 62 Yanacocha senior notes 8 92 100 Ahafo project facility 10 65 9 66 Other project financings and capital leases 14 4 13 20 $ 157 $ 4,652 $ 165 $ 3,072 Scheduled minimum debt repayments are $157 in 2010, $334 in 2011, $608 in 2012, $116 in 2013; $535 in 2014 and $3,059 thereafter. Sale-Leaseback of Refractory Ore Treatment Plant In September 1994, the Company entered into a sale and leaseback agreement for its refractory ore treatment plant located in Carlin, Nevada. The lease term is 21years and aggregate future minimum lease payments, which include interest, were $226 and $263 at December31, 2009 and 2008, respectively. Future minimum lease payments are $36 in 2010, $39 in 2011, $70 in 2012, $36 in 2013, $36 in 2014 and $9 thereafter. The lease includes purchase options during and at the end of the lease at predetermined prices. The interest rate on this sale-leaseback transaction is 6.36%. In connection with this transaction, the Company entered into certain interest rate hedging contracts that were settled for a gain of $11, which is recognized as a reduction of interest expense over the term of the lease. Including this gain, the effective interest rate on the borrowing is 6.15%. The related asset is specialized, therefore it is not practicable to estimate the fair value of this debt. 85/8%Senior Notes Newmont has outstanding uncollateralized senior notes with a principal amount of $223 due May 2011 bearing an annual interest rate of 8.63%. Interest is paid semi-annually in May and November and the senior notes are redeemable prior to maturity under certain conditions. Newmon

Employee-Related Benefits

Employee-Related Benefits
	12 Months Ended Dec. 31, 2009 USD / shares
Employee-Related Benefits [Abstract]
EMPLOYEE-RELATED BENEFITS	NOTE22 EMPLOYEE-RELATED BENEFITS At December31, 2009 2008 Current: Accrued payroll and withholding taxes $ 152 $ 86 Peruvian workers participation 59 35 Employee pension benefits 4 5 Other post-retirement plans 4 4 Accrued severance 3 1 Other employee-related payables 28 39 $ 250 $ 170 At December31, 2009 2008 Long-term: Employee pension benefits $ 204 $ 235 Other post-retirement benefit plans 91 85 Accrued severance 57 39 Peruvian workers participation 17 10 Other employee-related payables 12 10 $ 381 $ 379 Pension Plans The Companys pension plans include: (1)two qualified non-contributory defined benefit plans (for salaried employees and substantially all domestic hourly union employees); (2)one non-qualified plan (for salaried employees whose benefits under the qualified plan are limited by federal legislation); (3)two qualified plans for salaried and hourly Canadian employees; (4)one non-qualified plan for employees of PTNNT; (5)an international plan for select employees who are not eligible to participate in the U.S.-based plans because of citizenship; (6)one non-qualified plan for certain members of the board of directors; (7)one non-qualified plan for former employees under terminated plans; and (8)two qualified plans for salaried and hourly employees of the former Miramar operations, acquired in December 2007. The vesting period for plans identified in (1)and (2)is five years of service. These plans benefit formulas are based on an employees years of credited service and either (i)such employees highest consecutive five years average pay (salaried plan/final average pay formula) (ii)such employees annual salary (salaried plan/stable value formula) or (iii)a flat dollar amount adjusted by a service-weighted multiplier (hourly plan). The Canadian plan provides for full vesting of benefits upon remittance and the benefit formula is based on a percentage of annual pay. The PTNNT plan is based on Indonesian Labor Law and provides for benefits to employees at age55 or if employment is terminated at mine closing. The benefits formula under the Indonesian Labor Law is based on an employees current salary and years of service prior to retirement or termination of employment at mine closing. The international retirement plans basic and savings accounts have a graded vesting schedule and are fully vested after four years of service. The international retirement plans supplemental account is vested after attaining age55 with 10years of service or attaining age62. The plans benefit formula is based on a percentage of compensation as defined in the plan document. The Company amended the international retir

Stock Based Compensation

Stock Based Compensation
	12 Months Ended Dec. 31, 2009 USD / shares
Stock Based Compensation [Abstract]
STOCK BASED COMPENSATION	NOTE23 STOCK BASED COMPENSATION The Company has stock incentive plans for executives and eligible employees. Stock incentive awards include options to purchase shares of stock with exercise prices not less than fair market value of the underlying stock at the date of grant and restricted stock units. At December31, 2009, 12,078,606shares were available for future stock incentive plan awards. The Company also maintains prior stock incentive plans, but no longer grants awards under these plans. Employee Stock Options Stock options granted under the Companys stock incentive plans vest over periods of three years or more and are exercisable over a period of time not to exceed 10years from the grant date. The value of each option award is estimated at the grant date using the Black-Scholes option-pricing model. The Black-Scholes option-pricing model requires the input of subjective assumptions, including the expected term of the option award and stock price volatility. The expected term of options granted is derived from historical data on employee exercise and post-vesting employment termination experience. Expected volatility is based on the historical volatility of our stock at the grant date. These estimates involve inherent uncertainties and the application of managements judgment. In addition, we are required to estimate the expected forfeiture rate and only recognize expense for those options expected to vest. As a result, if other assumptions had been used, our recorded stock based compensation expense would have been different from that reported. The Black-Scholes option-pricing model used the following assumptions: 2009 2008 2007 2006 2005 Weighted-average risk-free interest rate 2.0 % 3.1 % 4.6 % 4.9 % 4.2 % Dividend yield 1.0 % 1.0 % 1.0 % 0.7 % 1.0 % Expected life in years 5 5 5 5 4 Volatility 36 % 30 % 32 % 34 % 38 % The following table summarizes annual activity for all stock options for each of the three years ended December 31: 2009 2008 2007 Weighted- Weighted- Weighted- Average Average Average Number of Exercise Number of Exercise Number of Exercise Shares Price Shares Price Shares Price Outstanding at beginning of year 6,463,004 $ 42.17 6,234,814 $ 41.09 7,503,608 $ 39.08 Granted 1,157,825 $ 39.99 1,416,963 $ 40.77 1,066,500 $ 42.06 Exercised (1,204,836 ) $ 36.24 (931,741 ) $ 30.88 (1,706,303 ) $ 29.93 Forfeited and expired

Other Liabilities

Other Liabilities
	12 Months Ended Dec. 31, 2009 USD / shares
Other Liabilities [Abstract]
OTHER LIABILITIES	NOTE24 OTHER LIABILITIES At December31, 2009 2008 Other current liabilities: Refinery metal payable $ 671 $ 168 Accrued operating costs 131 137 Accrued capital expenditures 115 107 Interest 72 35 Royalties 58 28 Reclamation and remediation costs (Note25) 54 58 Boddington acquisition costs (Note13) 52 Peruvian royalty 28 18 Taxes other than income and mining 21 39 Deferred income tax 17 8 Boddington contingent consideration (Note13) 16 Derivative instruments (Note15) 111 Other 82 61 $ 1,317 $ 770 At December31, 2009 2008 Other long-term liabilities: Boddington contingent consideration (Note13) $ 69 $ Income and mining taxes 38 167 Derivative instruments (Note15) 1 43 Other 66 42 $ 174 $ 252

Reclamation and Remediation Lia

Reclamation and Remediation Liabilities (Asset Retirement Obligations)
	12 Months Ended Dec. 31, 2009 USD / shares
Reclamation and Remediation Liabilities (Asset Retirement Obligations) [Abstract]
RECLAMATION AND REMEDIATION LIABILITIES (ASSET RETIREMENT OBLIGATIONS)	NOTE25 RECLAMATION AND REMEDIATION LIABILITIES (ASSET RETIREMENT OBLIGATIONS) The Companys mining and exploration activities are subject to various federal and state laws and regulations governing the protection of the environment. These laws and regulations are continually changing and are generally becoming more restrictive. The Company conducts its operations to protect public health and the environment and believes its operations are in compliance with applicable laws and regulations in all material respects. The Company has made, and expects to make in the future, expenditures to comply with such laws and regulations, but cannot predict the full amount of such future expenditures. Estimated future reclamation costs are based principally on legal and regulatory requirements. At December31, 2009 and 2008, $698 and $594, respectively, were accrued for reclamation obligations relating to currently or recently producing mineral properties. In addition, the Company is involved in several matters concerning environmental obligations associated with former, primarily historic, mining activities. Generally, these matters concern developing and implementing remediation plans at the various sites involved. At December31, 2009 and 2008, $161 and $163, respectively, were accrued for such obligations. These amounts are also included in Reclamation and remediation liabilities. Included in Other long-term assets at December31, 2009 and 2008 is $11 and $23, respectively, of restricted cash that is legally restricted for purposes of settling asset retirement obligations related to the Con mine from the Miramar acquistion. Included in Investments at December31, 2009, are $10 and $5 of long-term marketable debt securities and long-term marketable equity securities, respectively, that are legally pledged for purposes of settling asset retirement obligations related to the SanJose Reservoir in Yanacocha. The following is a reconciliation of the total liability for reclamation and remediation: Balance January1, 2008 $ 672 Additions, change in estimates and other 147 Liabilities settled (103 ) Accretion expense 41 Balance December31, 2008 757 Additions, change in estimates and other 105 Liabilities settled (49 ) Accretion expense 46 Balance December31, 2009 $ 859 The current portions of Reclamation and remediation liabilities of $54 and $58 at December31, 2009 and 2008, respectively, are included in Other current liabilities. The Companys reclamation and remediation expenses consisted of: Years Ended December31, 2009 2008 2007 Asset retirement cost amortization $ 29 $ 25 $ 25 Accretion, operating 34 31 27 Accretion, non-operating (Note6) 12 10 8 Reclamation estimate revisions (Note6) 13 101 29 $ 88 $

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)
	12 Months Ended Dec. 31, 2009 USD / shares
Accumulated Other Comprehensive Income (Loss) [Abstract]
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	NOTE26 ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) At December31, 2009 2008 Unrealized gain on marketable securities, net of $138 and $55 tax expense, respectively $ 635 $ 218 Foreign currency translation adjustments 57 (206 ) Pension liability adjustments, net of $86 and $94 tax benefit, respectively (161 ) (176 ) Other post-retirement benefit adjustments, net of $4 and $5 tax expense, respectively 9 10 Changes in fair value of cash flow hedge instruments, net of tax benefit (expense) and noncontrolling interests of $(38) and $44, respectively 86 (99 ) $ 626 $ (253 )

Related Party Transactions

Related Party Transactions
	12 Months Ended Dec. 31, 2009 USD / shares
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE27 RELATED PARTY TRANSACTIONS Newmont had transactions with EGR and AGR, as follows: Years Ended December31, 2009 2008 2007 Gold and silver sales: AGR $ 10 $ 10 $ 9 EGR $ $ $ 135 Refining fees paid: AGR $ 3 $ 3 $ 2 EGR $ $ $ 2 During 2008, Newmont increased its investment in EGR to 60.64%, and the additional interest resulted in the consolidation of EGR. See Notes9 and 13 for a discussion of Newmonts investments in AGR and EGR, respectively.

Net Change in Operating Assets

Net Change in Operating Assets and Liabilities
	12 Months Ended Dec. 31, 2009 USD / shares
Net Change in Operating Assets and Liabilities [Abstract]
NET CHANGE IN OPERATING ASSETS AND LIABILITIES	NOTE28 NET CHANGE IN OPERATING ASSETS AND LIABILITIES Net cash provided from operations attributable to the net change in operating assets and liabilities is composed of the following: Years Ended December31, 2009 2008 2007 Decrease (increase) in operating assets: Trade and accounts receivable $ 42 $ 81 $ 12 Inventories, stockpiles and ore on leach pads (378 ) (343 ) (77 ) EGR refinery assets (508 ) 38 Other assets (19 ) (208 ) 8 Increase (decrease) in operating liabilities: Accounts payable and other accrued liabilities 177 (54 ) (620 ) EGR refinery liabilities 508 (38 ) Reclamation liabilities (49 ) (103 ) (52 ) $ (227 ) $ (627 ) $ (729 ) The decrease in accounts payable and other accrued liabilities in 2007 includes $276 from the settlement of pre-acquisition Australian income taxes of Normandy and $174 from the final settlement of copper collar contracts.

Supplemental Cash Flow Informat

Supplemental Cash Flow Information
	12 Months Ended Dec. 31, 2009 USD / shares
Supplemental Cash Flow Information [Abstract]
SUPPLEMENTAL CASH FLOW INFORMATION	NOTE29 SUPPLEMENTAL CASH FLOW INFORMATION Years Ended December31, 2009 2008 2007 Income taxes, net of refunds $ 371 $ 785 $ 313 Pension plan contributions $ 58 $ 76 $ 101 Interest, net of amounts capitalized $ 121 $ 96 $ 88 Noncash Investing Activities and Financing Activities Minera Yanacocha entered into mining equipment leases that resulted in non-cash increases to Property, plant and mine development, net and Long-term debt of $12 in 2008. In 2008, Nevada entered into warehouse equipment leases that resulted in non-cash increases to Property, plant and mine development, net and Long-term debt of $2. In March 2007, the Company completed an agreement with Oxiana Resources (Oxiana) and Agincourt Resources (Agincourt) in connection with Oxianas offer to acquire Agincourt. The transaction followed the Companys sale in 2006 of the Martabe project to Agincourt in exchange for Agincourt shares, and as a result, the Company received Oxiana shares classified as marketable equity securities valued at $64 in return for its 43million Agincourt shares classified as marketable equity securities. Newmont sold its Pajingo operation for total consideration of $23 which included $9 received in marketable equity securities.

Operating Lease Commitments

Operating Lease Commitments
	12 Months Ended Dec. 31, 2009 USD / shares
Operating Lease Commitments [Abstract]
OPERATING LEASE COMMITMENTS	NOTE30 OPERATING LEASE COMMITMENTS The Company leases certain assets, such as equipment and facilities, under operating leases expiring at various dates through 2020. Future minimum annual lease payments are $12 in 2010 and 2011, $10 in 2012, $9 in 2013, $8 in 2014 and $36 thereafter, totaling $87. Rent expense for 2009, 2008 and 2007 was $48, $36 and $32, respectively.

Segment and Related Information

Segment and Related Information
	12 Months Ended Dec. 31, 2009 USD / shares
Segment and Related Information [Abstract]
SEGMENT AND RELATED INFORMATION	NOTE31 SEGMENT AND RELATED INFORMATION Newmont predominantly operates in a single industry, namely exploration for and production of gold. The Companys reportable segments are based upon the Companys management organization structure that is focused on the geographic region for the companys operations and include North America, South America, Asia Pacific, Africa and Corporate and Other. Newmonts major operations include Nevada, Yanacocha, Boddington, Other Australia/New Zealand, Batu Hijau and Ahafo. The Company identifies its reportable segments as those consolidated mining operations or functional groups that represent more than 10% of the combined revenue, profit or loss or total assets of all reported operating segments. Consolidated mining operations or functional groups not meeting this threshold are aggregated at the applicable geographic region or corporate level for segment reporting purposes. Earnings from operations do not reflect general corporate expenses, interest (except project-specific interest) or income taxes (except for equity investments). Intercompany revenue and expense amounts have been eliminated within each segment in order to report on the basis that management uses internally for evaluating segment performance. Segment results for 2009, 2008 and 2007 reflect an organizational change, effective in the first quarter of 2009, that (i)moved the results of the LaHerradura operation in Mexico to North America from Other and (ii)combined the management of exploration and advanced projects, research and development activities under one executive and assigned the legacy exploration segment to the regional reportable segments. As a result of managements decision to dispose of the Kori Kollo operation in Bolivia, Kori Kollo has been reclassified to discontinued operations. Costs Advanced Applicable to Projects and Pre-Tax Total Capital Sales Sales Amortization Exploration Income Assets(1) Expenditures(1) Year Ended December31, 2009 Nevada $ 1,943 $ 1,045 $ 261 $ 54 $ 557 $ 3,236 $ 205 LaHerradura 113 42 11 3 57 137 54 Hope Bay 12 66 (77 ) 1,862 5 Other North America 2 (7 ) 55 North America 2,056 1,087 284 125 530 5,290 264 Yanacocha 2,013 642 168 23 1,089 2,472 146 Other South America 23 1 32

Consolidating Financial Stateme

Consolidating Financial Statements
	12 Months Ended Dec. 31, 2009 USD / shares
Consolidating Financial Statements [Abstract]
CONSOLIDATING FINANCIAL STATEMENTS	NOTE32 CONSOLIDATING FINANCIAL STATEMENTS The following Consolidating Financial Statements are presented to satisfy disclosure requirements of Rule3-10(e) of RegulationS-X resulting from the inclusion of Newmont USA Limited (Newmont USA), a wholly-owned subsidiary of Newmont, as a co-registrant with Newmont on a shelf registration statement on FormS-3 filed under the Securities Act of 1933 under which securities of Newmont (including debt securities which may be guaranteed by Newmont USA) may be issued from time to time (the Shelf Registration Statement). To the extent Newmont issues debt securities under the Shelf Registration Statement, it is expected that Newmont USA will provide a guarantee of that debt. In accordance with Rule3-10(e) of RegulationS-X, Newmont USA, as the subsidiary guarantor, is 100% owned by Newmont, the guarantee will be full and unconditional, and it is not expected that any other subsidiary of Newmont will guarantee any security issued under the Shelf Registration Statement. There are no significant restrictions on the ability of Newmont USA to obtain funds from its subsidiaries by dividend or loan. For the Year Ended December31, 2009 Newmont Newmont Mining Condensed Consolidating Mining Newmont Other Corporation Statement of Income Corporation USA Subsidiaries Eliminations Consolidated Revenues Sales gold, net $ $ 4,619 $ 1,767 $ $ 6,386 Sales copper, net 1,292 27 1,319 5,911 1,794 7,705 Costs and expenses Costs applicable to sales gold(1) 1,847 902 (23 ) 2,726 Costs applicable to sales copper(1) 307 16 323 Amortization 565 242 (1 ) 806 Accretion 26 8 34 Exploration 101 86 187 Advanced projects, research and development 66 71 (2 ) 135 General and administrative 129 4 26 159 Write-down of property, plant and mine development 6 1 7 Other expense, net 9 175 199 383 9 3,222 1,529 4,760 Other income (expense) Other income (expense), net (11 )

Commitments and Contingencies

Commitments and Contingencies
	12 Months Ended Dec. 31, 2009 USD / shares
Commitments and Contingencies [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE33 COMMITMENTS AND CONTINGENCIES General The Company follows ASC guidance in determining its accruals and disclosures with respect to loss contingencies. Accordingly, estimated losses from loss contingencies are accrued by a charge to income when information available prior to issuance of the financial statements indicates that it is probable (greater than a 75% probability) that a liability could be incurred and the amount of the loss can be reasonably estimated. Legal expenses associated with the contingency are expensed as incurred. If a loss contingency is not probable or reasonably estimable, disclosure of the loss contingency is made in the financial statements when it is at least reasonably possible that a material loss could be incurred. Operating Segments The Companys operating segments are identified in Note31. Except as noted in this paragraph, all of the Companys commitments and contingencies specifically described in this Note33 relate to the Corporate and Other reportable segment. The Nevada Operations matters under Newmont USA Limited relate to the North America reportable segment. The PT Newmont Minahasa Raya matters relate to the Asia Pacific reportable segment. The Yanacocha matters relate to the South America reportable segment. The Newmont Yandal Operations Pty Limited matter relates to the Asia Pacific reportable segment. The PTNNT matters relate to the Asia Pacific reportable segment. Environmental Matters The Companys mining and exploration activities are subject to various laws and regulations governing the protection of the environment. These laws and regulations are continually changing and are generally becoming more restrictive. The Company conducts its operations so as to protect the public health and environment and believes its operations are in compliance with applicable laws and regulations in all material respects. The Company has made, and expects to make in the future, expenditures to comply with such laws and regulations, but cannot predict the full amount of such future expenditures. Estimated future reclamation costs are based principally on legal and regulatory requirements. At December31, 2009 and 2008, $698 and $594, respectively, were accrued for reclamation costs relating to mineral properties in accordance with asset retirement obligation accounting guidance. The current portions of $36 and $43 at December31, 2009 and 2008, respectively, are included in Other current liabilities. In addition, the Company is involved in several matters concerning environmental obligations associated with former mining activities. Generally, these matters concern developing and implementing remediation plans at the various sites involved. The Company believes that the related environmental obligations associated with these sites are similar in nature with respect to the development of remediation plans, their risk profile and the compliance required to meet general environmental standards. Based upon the Companys best estimate of its liability for these matters, $161 and $163 were accrued for such obligations at December31, 2009 and 2008, respectively. These am

Unaudited Supplementary Data

Unaudited Supplementary Data
	12 Months Ended Dec. 31, 2009 USD / shares
Unaudited Supplementary Data [Abstract]
UNAUDITED SUPPLEMENTARY DATA	NOTE34 UNAUDITED SUPPLEMENTARY DATA Quarterly Data The following is a summary of selected quarterly financial information (unaudited): 2009 Three Months Ended March31 June30 September30 December31 Revenues $ 1,536 $ 1,602 $ 2,049 $ 2,518 Gross profit(1) $ 597 $ 722 $ 1,077 $ 1,420 Income from continuing operations(2) $ 189 $ 171 $ 388 $ 560 Income (loss) from discontinued operations(2) (9 ) (2 ) Net income(2) $ 189 $ 162 $ 388 $ 558 Income from continuing operations, per common share, basic $ 0.40 $ 0.35 $ 0.79 $ 1.14 Income from discontinued operations, per common share, basic (0.02 ) Net income per common share, basic $ 0.40 $ 0.33 $ 0.79 $ 1.14 Income from continuing operations, per common share, diluted $ 0.40 $ 0.35 $ 0.79 $ 1.13 Income from discontinued operations, per common share, diluted (0.02 ) Net income per common share, diluted $ 0.40 $ 0.33 $ 0.79 $ 1.13 Basic weighted-average shares outstanding 472 490 490 491 Diluted weighted-average shares outstanding 473 491 491 493 Dividends declared per common share $ 0.10 $ 0.10 $ 0.10 $ 0.10 Closing price of common stock $ 44.76 $ 40.87 $ 44.02 $ 47.31 2008 Three Months Ended March31 June30 September30 December31 Revenues $ 1,925 $ 1,502 $ 1,372 $ 1,325 Gross profit(1) $ 955 $ 564 $ 396 $ 360 Income from continuing operations(2) $ 356 $ 270 $ 182 $ 8 Income (loss) from discontinued operations(2) 8 1 9 (3 ) Net income(2) $ 364 $ 271 $ 191 $ 5 Income from continuing operations, per common share, basic $ 0.78 $ 0.60 $ 0.40 $ 0.02 Income from discontinued operations, per common share, basic 0.02 0.02 (0.01 ) Net income per common share, ba

Subsequent Events

Subsequent Events
	12 Months Ended Dec. 31, 2009 USD / shares
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE35 SUBSEQUENT EVENTS On February23, 2010, PTNNT repaid the $220 remaining balance under the PTNNT project financing facility. As a result, the Company is no longer required to maintain letters of credit to secure 56.25% of the PTNNT project financing facility and PTNNTs assets are no longer pledged as collateral.