Exhibit 12.1

NEWMONT MINING CORPORATION AND SUBSIDIARIES

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(Amounts in millions, except ratio)

	Nine Months Ended
	September 30, 2016
Income before income and mining tax and other items (1)	$	672
Adjustments:
Fixed charges excluding capitalized interest		213
Earnings available for fixed charges	$	885
Fixed Charges:
Interest expense, net (2)	$	204
Portion of rental expense representative of interest		9
Fixed charges added to earnings		213
Capitalized interest		29
Total Fixed Charges	$	242
Ratio of earnings to fixed charges		3.66

(1) Represents amount from continuing operations.

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