NEWMONT MINING CORP
S-3/A, EX-5, 2000-12-13
GOLD AND SILVER ORES
Previous: NEWMONT MINING CORP, S-3/A, EX-23, 2000-12-13
Next: NIAGARA MOHAWK POWER CORP /NY/, 8-K, 2000-12-13



                                  WHITE & CASE
                         Limited Liability Partnership
                          1155 Avenue of the Americas
                         New York, New York 10036-2787
                          Telephone: (1-212) 819-8200
                          Facsimile: (1-212) 354-8113


December 12, 2000

Newmont Mining Corporation
1700 Lincoln Street
Denver, Colorado 80203

Ladies and Gentlemen:

     We have acted as special counsel to Newmont Mining Corporation,  a Delaware
corporation (the "Company"),  in connection with the preparation and filing with
the Securities and Exchange  Commission (the  "Commission")  of the registration
statement on Form S-3 (the "Registration Statement") under the Securities Act of
1933, as amended (the "Act"),  relating to the registration under the Act of the
resale from time to time of an aggregate of  2,628,139  shares of the  Company's
common stock,  $1.60 par value per share (the "Common  Stock"),  to be issued to
Normandy  International  Holdings  Pty Ltd. and Compagnie Miniere Internationale
Or S.A., pursuant to a Settlement  Agreement,  dated as of October 20, 2000 (the
"Settlement  Agreement")  between the  Company,  Compania de Minas  Buenaventura
S.A.A.,  Bureau de Recherches  Geologiques et Minieres,  Normandy Mining Limited
and certain affiliates of each of them.

     In so acting,  we have examined such  certificates of public  officials and
certificates of officers of the Company,  and originals (or copies  certified to
our  satisfaction)  of all such corporate  documents and records of the Company,
and such other documents as we have deemed relevant in order to give the opinion
hereinafter  set forth. In this  connection,  we have assumed the genuineness of
all signatures,  the authenticity of all documents  submitted to us as originals
and the  conformity to authentic  originals of all documents  submitted to us as
certified,  conformed,  facsimile or photostatic  copies.  In addition,  we have
relied,  to the extent we deem such reliance proper,  upon such  certificates of
public  officials and of officers of the Company with respect to the accuracy of
material  factual  matters   contained  therein  which  were  not  independently
established.

     Based upon the foregoing, it is our opinion that issuance of the Shares has
been duly authorized by all necessary  corporate action on behalf of the Company
and, when issued and delivered as provided for in the Settlement Agreement, will
be validly issued, fully paid and nonassessable.

     We  consent to the use of this  opinion  as an exhibit to the  Registration
Statement and further  consent to the use of our name wherever  appearing in the
Registration  Statement,  including the prospectus  constituting a part thereof,
and any amendments or  supplements  thereto.  In giving this consent,  we do not
thereby  admit that we are  within the  category  of  persons  whose  consent is
required  under  Section  7 of the  Act  or the  rules  and  regulations  of the
Commission thereunder.

                                   Very truly yours,


                                   /s/ White & Case LLP



MSB:ABDM:JWK


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission