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NEWMONT MINING DECLARES DIVIDEND

 DENVER, July 14 /PRNewswire/ -- The board of directors of Newmont Mining Corp. (NYSE: NEM) today declared the regular quarterly dividend of 15 cents per share of common stock, payable Sept. 8, 1993, to shareholders of record at the close of business Aug. 25, 1993.
 The Newmont board of directors also declared a dividend on its convertible preferred stock, issued in 1992 in the form of depositary shares, each depositary share representing 1/2 of a share of convertible preferred stock. The dividend declared was $1.375 per share of convertible preferred stock or $0.6875 per depositary share, payable Sept. 15, 1993 to holders of record of such depositary shares at the close of business Aug. 26, 1993.
 Newmont Mining is a leading pure gold company which owns 90.1 percent of Newmont Gold Co. (NYSE: NGC), North America's largest producer; and 100 percent of Newmont Exploration Ltd., a company engaged worldwide in exploration for gold.
 -0- 7/14/93
 /CONTACT: James F. Hill of Newmont Mining, 303-837-5977/
 (NEM NGC)


CO: Newmont Mining Corp. ST: Colorado IN: MNG SU: DIV

BB -- DV006 -- 1445 07/14/93 13:03 EDT
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Publication:PR Newswire
Date:Jul 14, 1993
Words:189
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