Newmont Completes Acquisition of Miramar



    DENVER, March 17 /CNW/ -- Newmont Mining Corporation (NYSE:   NEM)
announced today that Newmont Mining B.C. Limited, an indirect wholly-owned
subsidiary of Newmont, has completed the compulsory acquisition procedures
under the Business Corporations Act (British Columbia) in respect of the
common shares of Miramar Mining Corporation (TSX: MAE, Amex:   MNG).  The common
shares of Miramar have been de-listed from the Toronto Stock Exchange as of
the close of trading on March 12, 2008 and from the American Stock Exchange as
of the close of trading on March 17, 2008, and Miramar has applied to
applicable Canadian securities regulators to cease to be a reporting issuer in
each of the provinces and territories of Canada.
    
    About Newmont:
    
    Founded in 1921 and publicly traded on the NYSE since 1925, Newmont is
one of the largest gold companies in the world. Headquartered in Denver,
Colorado, the company employs approximately 15,000 people, the majority of
whom work at Newmont's core operations in the United States, Australia, Peru,
Indonesia and Ghana. Newmont is the only gold company listed in the S&P 500
index and in the Dow Jones Sustainability Index-World. Newmont's industry
leading performance is reflected through high standards in environmental
management, health and safety for its employees and creating value and
opportunity for host communities and shareholders.
    
    About Miramar:
    
    Miramar is a Canadian gold company that controls the Hope Bay Project,
one of the largest undeveloped gold projects in North America. The Hope Bay
Project extends over 1,000 square kilometers and encompasses one of the most
prospective undeveloped greenstone belts in North America.




For further information:

For further information: investors, John Seaberg, +1-303-837-5743, 
john.seaberg@newmont.com, or media, Omar Jabara, +1-303-837-5114, 
omar.jabara@newmont.com, both of Newmont Mining Corporation Web Site:
http://www.newmont.com

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