Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Ottewell David A.
2. Date of Event Requiring Statement (Month/Day/Year)
03/08/2011
3. Issuer Name and Ticker or Trading Symbol
NEWMONT MINING CORP /DE/ [NEM]
(Last)
(First)
(Middle)
6363 SOUTH FIDDLERS GREEN CIRCLE
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Interim Controller and CAO
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

GREENWOOD VILLAGE, CO 80111
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock, $1.60 par value 7,325 (1) (2)
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy)   (3) 10/26/2015 Common Stock 3,250 $ 45.16 D  
Stock Option (right to buy)   (4) 04/26/2016 Common Stock 4,500 $ 57.71 D  
Stock Option (right to buy)   (5) 04/30/2017 Common Stock 6,000 $ 42.06 D  
Stock Option (right to buy)   (6) 04/28/2018 Common Stock 9,000 $ 44.49 D  
Stock Option (right to buy)   (7) 05/04/2019 Common Stock 6,498 $ 39.95 D  
Stock Option (right to buy)   (8) 04/29/2010 Common Stock 4,473 $ 55.675 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Ottewell David A.
6363 SOUTH FIDDLERS GREEN CIRCLE
GREENWOOD VILLAGE, CO 80111
      Interim Controller and CAO  

Signatures

Logan H. Hennessey, Assistant Secretary 03/18/2011
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Includes 4,202 restricted stock units representing a right to receive one share of the Issuer's common stock in accordance with the terms and conditions of the Reporting Person's restricted stock unit agreements. Restricted stock units vest in three equal annual installments beginning the first anniversary of the date of grant. The restricted stock units held by the Reporting Person will vest as follows: 95 units on April 28, 2011; 753 units on February 23, 2012; 705 units on each of March 1, 2012 and 2013; and 648 units on each of February 28, 2012, 2013 and 2014.
(2) Excludes shares held in 401(k) Plan. As of February 28, 2011 the reporting person held 1,011 shares of Newmont Mining Corporation common stock in his 401(k) Plan.
(3) The stock options vested in four equal annual installments beginning the first anniversary of the grant date and are fully vested.
(4) The stock options vested in two equal annual installments beginning the first anniversary of the grant date and are fully vested.
(5) The stock options vested in three equal annual installments beginning the first anniversary of the grant date and are fully vested.
(6) The stock options vest in three equal annual installments beginning the first anniversary of the grant date and the remaining installment will vest April 28, 2011.
(7) The stock options vest in three equal annual installments beginning the first anniversary of the grant date and the remaining installments will vest May 4, 2011 and May 4, 2012.
(8) The stock options vest in three equal annual installments beginning the first anniversary of the grant date on April 29, 2011, April 29, 2012 and April 29, 2013.

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