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                                                                    EXHIBIT 23.1


                       Consent of Independent Accountants

We hereby consent to the incorporation by reference in the Registration
Statement on Form S-8 (No. 333-19335-01) of Newmont Mining Corporation of our
report dated May 5, 1997 pertaining to the statement of net assets available for
plan benefits, with fund information, of the Santa Fe Pacific Gold Corporation
Retirement and Savings Plan as of December 31, 1996 appearing on page 2 of this
Form 11-K.


                                   /s/ PRICE WATERHOUSE LLP


Phoenix, Arizona
June 29, 1998