Minahasa (Closed) gold mine

Capital costs to completion were estimated to be $133M. Commissioning was completed in early 1996. Newmont receives a 94% attributable interest in production until it recoups the bulk of its investment including interest (100% production attributable before November 2001). Reserves are now depleted and milling of stockpiles ceased in 3Q 2004. Wood Mackenzie’s asset reports are built from the bottom up, incorporating a number of granular data metrics to ultimately produce our industry standard cash operating costs. This report contains a detailed asset note giving you a holistic view of the asset, including an operational overview through to a timeline of events from inception to now. This qualitative analysis is supplemented by the associated Excel download which enables interrogation of a whole series of cost and production metrics over the life of the asset.