Newmont Corporation (NYSE: NEM, TSX: NGT) the world's leading gold mining company, announced industry-leading climate targets of 30% reduction in greenhouse gas (GHG) emissions by 2030, with an ultimate goal of achieving net zero carbon emissions by 2050.

The new 2030 target builds upon Newmont's existing GHG emissions reductions target of 16.5 percent over five years, concluding in 2020.

'At Newmont, we hold ourselves to high standards from the way in which we govern our business, to how we manage relationships with our stakeholders, to our environmental stewardship and safety practices,' said Tom Palmer, President and CEO of Newmont Corporation. 'We fundamentally understand the human contribution to climate change and understand we reap what we sow. It is our responsibility to take care of the resources provided to us. We take these climate change commitments seriously, and make them because our relationship with the planet is absolute. We want a world that is not just sustainable, but thriving for generations to come.'

Using science-based criteria, Newmont has set climate targets for 2021-2030 for its operating sites, including a renewable energy target. The science-based criteria align with Science-Based Targets Initiative (SBTi) criteria and assists Newmont in developing specific emissions reduction pathways and meeting the Paris Agreement objective of being well below 2-degree Celsius global temperature change.

About Newmont

Newmont is the world's leading gold company and a producer of copper, silver, zinc and lead. The Company's world-class portfolio of assets, prospects and talent is anchored in favorable mining jurisdictions in North America, South America, Australia and Africa. Newmont is the only gold producer listed in the S&P 500 Index and is widely recognized for its principled environmental, social and governance practices. The Company is an industry leader in value creation, supported by robust safety standards, superior execution and technical expertise. Newmont was founded in 1921 and has been publicly traded since 1925.

Contact:

Courtney Boone

Tel: 303.837.5159

Email: courtney.boone@newmont.com

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