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Newmont Board approves Conga project in Peru and Tanami shaft project in Australia

Newmont Mining Corporation (NYSE:NEM) today announced that its Board of Directors approved funding for the Conga project in Peru and the Tanami Shaft project in Australia. Combined, the two projects are expected to add approximately 400,000 attributable ounces of gold and up to 100 million pounds of copper production per year once commercial operations commence in late 2014 to early 2015.