Mr. Tom Palmer of Newmont reports

NEWMONT ANNOUNCES SALE OF ITS INTEREST IN ORLA MINING LTD.

Newmont Corp. has completed the sale of common shares of Orla Mining Ltd. Newmont disposed of 43 million common shares through the facilities of the Toronto Stock Exchange at a price of $10.14 (U.S.) ($14) per common share for aggregate gross proceeds of $439-million (U.S.) ($605-million).

"Today's announcement demonstrates Newmont's ongoing commitment to streamlining our equity portfolio and unlocks significant cash to support Newmont's capital allocation priorities," said Tom Palmer, Newmont's chief executive officer. "We value the strong relationship we've had with Orla since our initial investment. From the development of Camino Rojo to the acquisition of Musselwhite from Newmont early this year, we are delighted to have been part of Orla's beginning. While this marks the end of our ownership in Orla, we are confident in their continued ability to drive value for shareholders."

Immediately prior to the sale, Newmont held 43,245,294 common shares, which represented approximately 13.3 per cent of the issued and outstanding common shares on a non-diluted basis. As a result of this disposition, Newmont no longer holds any common shares of Orla.

Orla's president and chief executive officer, Jason Simpson, said: "Orla's portfolio has been built, in part, through the acquisition of former Newmont assets. We are grateful for the confidence placed in us to advance these projects responsibly and to unlock their full potential. As we continue to execute on our growth strategy, we remain focused on creating long-term value for our stakeholders while broadening and diversifying our investor base."

About Newmont Corp.

Newmont is the world's leading gold company and a producer of copper, zinc, lead and silver. The company's world-class portfolio of assets, prospects and talent is anchored in favourable mining jurisdictions in Africa, Australia, Latin America and the Caribbean, North America, and Papua New Guinea. 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. Newmont is an industry leader in value creation, supported by robust safety standards, superior execution and technical expertise. Founded in 1921, the company has been publicly traded since 1925.

At Newmont, the company's purpose is to create value and improve lives through sustainable and responsible mining.

Required Canadian disclosure

An early warning report will be filed by Newmont in accordance with applicable securities laws. To obtain a copy of the early warning report, please contact Newmont at 6900 E Layton Ave., Suite 700, Denver, Colo., 80237.

Newmont sold the common shares to monetize a portion of its investment holdings. Newmont may, depending on price, market conditions or other conditions or factors it considers relevant from time to time, increase its beneficial ownership, control or direction over common shares or other securities of Orla through market transactions, private agreements or otherwise.

We seek Safe Harbor.