Exhibit 12.1

Exhibit 12.1

NEWMONT MINING CORPORATION AND SUBSIDIARIES

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Amounts in millions except ratio)


	Three Months Ended
	March 31, 2010
Earnings:
Income before income tax expense, equity loss of affiliates and noncontrolling interests in subsidiaries ⁽¹⁾	$	880
Adjustments:
Fixed charges added to earnings		80
Dividends from equity affiliates		7
Amortization of capitalized interest		6

	$	973

Fixed Charges:
Net interest expense ⁽²⁾	$	75
Portion of rental expense representative of interest		5

Fixed charges added to earnings		80
Capitalized interest		3

	$	83

Ratio of earnings to fixed charges		11.7


⁽¹⁾		Excludes interest on income tax liabilities. Interest and penalties related to income taxes are included in Income tax expense.

⁽²⁾		Includes interest expense of majority-owned subsidiaries and amortization of debt issuance costs.