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Newmont Declares Quarterly Dividend of $0.025 Per Share

DENVER, Apr 19, 2016 (BUSINESS WIRE) -- Newmont Mining Corporation NEM, +4.92% (Newmont or the Company) announced its Board of Directors declared a quarterly dividend of $0.025 per share of common stock, payable on June 23, 2016, to holders of record at the close of business on June 9, 2016.

Newmont's gold price-linked dividend policy includes a quarterly dividend payable based on the average LBMA P.M. Gold Price for the preceding quarter (Gold Price). The policy recommends an annual dividend of $0.10 per share or $0.025 per quarter at a Gold Price of up to $1,300 per ounce and an annual dividend of $0.20 per share or $0.05 per quarter at a Gold Price between $1,300 and $1,399 per ounce. For each $100 per ounce increase in the Gold Price above $1,399 per ounce, the annual...


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