U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 4
OMB APPROVAL
OMB Number: 3235-0287
Expires: September 30, 1998
Estimated average burden hours per response: 0.5
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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(f) of the Investment Company Act of 1940
( ) Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
<TABLE>
<C> <C>
1. Name and Address of Reporting Person*
Last, First Middle: Newmont Mining Corporation
Street: 1700 Lincoln St.
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City, State Zip: Denver, CO 80203
2. Issuer Name and Ticker or Trading Symbol
Newmont Gold Company (NGC)
3. IRS or Social Security Number of Reporting Person (Voluntary)
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4. Statement for Month/Year
November 1996
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
( ) Director (X) 10% Owner ( ) Officer (give title
below) ( ) Other (specify below)
7. Individual or Joint/Group Filing (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
</TABLE>
* If the form is filed by more than one reporting person, see Instruction
4(b)(v).
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<TABLE>
<CAPTION>
Table I -- Non-Derivative Securities Acquired, Disposed
of, or Beneficially Owned
1. Title of Security 2. Transaction Date 3.
Transaction 4. Securities Acquired (A)
(Instr. 3) (Month/Day/Year) Code
or Disposed of (D)
(Instr.
8) (Instr. 3, 4, and 5)
(A) or
Code
V Amount (D) Price
<S> <C> <C> <C>
<C> <C> <C> <C>
(1) Common Stock 11/30/96 X
1,018 A 40.07
(2) Common Stock 11/30/96 X
1,799 A 40.44
(3)
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<CAPTION>
Table I -- Continued
1. Title of Security 5. Amount of Securities
6. Ownership Form: 7. Nature of Indirect
(Instr. 3) Beneficially Owned
Direct (D) or Beneficial Ownership
at End of Month
Indirect (I) (Instr. 4)
(Instr. 3 and 4)
(Instr. 4)
<S> <C> <C>
<C> <C>
(1) Common Stock D
(2) Common Stock D
(3) D
99,521,603
</TABLE>
Reminder: Report on a separate line for each class of securities
beneficially owned directly or indirectly.
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<TABLE>
<CAPTION>
Table II -- Derivative Securities Acquired, Disposed
of, or Beneficially Owned
(e.g., puts, calls, warrants, options,
convertible securities)
1. Title of Derivative Security 2. Conver- 3. Trans-
4. Transac- 5. Number of Deriv-
(Instr. 3) sion or action
tion Code ative Securities
Exercise Date
(Instr. 8) Acquired (A) or
Price of
(Month/ Disposed of (D)
Deriv- Day/
(Instr. 3, 4 and 5)
ative Year)
Security
Code V (A) (D)
<S> <C> <C> <C>
<C> <C> <C> <C>
(1) Option (right to buy) 40.07 11/30/96
X 1,018
(2) Option (right to buy) 40.44 11/30/96
X 1,799
(3) Option (right to buy) 51.94 11/30/96
J 444,534
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<CAPTION>
Table II -- Continued
1. Title of Derivative Security 6. Date
Exercisable and 7. Title and Amount of
(Instr. 3) Expiration
Date Underlying Securities
(Month/Day/Year) (Instr. 3 and 4)
Amount or
Date
Expiration Number of
Exercisable
Date Title Shares
<S> <C> <C>
<C> <C> <C>
(1) Option (right to buy) 11/16/94
11/16/04 Common 1,018
(2) Option (right to buy) 11/15/95
11/15/05 Common 1,799
(3) Option (right to buy) 11/20/96
11/20/06 Common 444,534
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<CAPTION>
Table II -- Continued
1. Title of Derivative Security 8. Price of 9.
Number of 10. Ownership 11. Nature of
(Instr. 3) Derivative
Derivative Form of Indirect
Security
Securities Derivative Beneficial
(Instr. 5)
Beneficially Security: Ownership
Owned at End Direct (D) (Instr. 4)
of Month or Indirect
(Instr. 4) (I)
(Instr. 4)
<S> <C> <C> <C>
<C> <C>
(1) Option (right to buy)
114,467 D
(2) Option (right to buy)
245,206 D
(3) Option (right to buy)
444,534 D
</TABLE>
Explanation of Responses:
* All of the reported transactions relate to the common stock options (the
"NGC Options") granted by Newmont Gold Company (the "Issuer") to Newmont
Mining Corporation ("NMC") in connection with a transaction entered into
by NMC and the Issuer on March 18, 1994 to combine the operations of NMC
and the Issuer, effective as of January 1, 1994. The NGC Option
grants and exercises reported herein result from grants and exercises of
comparable employee stock options of NMC.
/s/ Timothy J. Schmitt 12/10/96
**Signature of Reporting Person Date
Title: Vice President and Secretary
** Intentional misstatements or omissions of facts constitute Federal
Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually
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signed. If space provided is insufficient, see Instruction 6 for
procedure.
Potential persons who are to respond to the collection of information
contained in this form are not required to respond unless the form displays a
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