DECEMBER 2021 INVESTOR PRESENTATION
Expanding the Cerro Negro District in Argentina
UP TO 50% INCREASE IN ANNUAL PRODUCTION
✓ The project is expected to improve annual production to above
350 Koz beginning in 2024
✓ Attractive AISC under $900 per ounce
**
✓ Extends mine life of existing operations beyond 2030
✓ The first expansion includes the development of Marianas and
Eastern districts unlocking value through shared resources
SIGNIFICANT EXPLORATION UPSIDE
✓ Highly prospective and underexplored gold district
N
TM
✓ Among the top land packages in Newmont's portfolio; doubled
size since Goldcorp acquisition
✓ Deposits remain open along strike and at depth
✓ Provides platform for further exploration and growth through
future expansions
INDICATIVE CERRO NEGRO EXPANSION 1 PROFILE* (KOZS)
400
Cerro Negro Base
Marianas District Expansion
Eastern District
200
2021
2022
2023
*Not yet approved but included in outlook. See endnote re Outlook.
**Costs presented using a $1,200/oz gold price assumption.
DECEMBER 2021 INVESTOR PRESENTATION
2024
2025
2026
2027
2028
2029
2030
2031
2032
NEWMONT CORPORATION
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