When mine promoter and financier Colonel William Boyce Thompson decided to create a company in 1916 to handle his larger private acquisitions – including oil and gas and mining interests – he named it the Newmont Company after his business success in New York and his home state of Montana. The early portfolio included interests in coal, copper, lead and zinc.
Newmont steadily grew by acquisition and diversification, often through joint ventures with other well-established companies. Today, Newmont’s portfolio includes significant operations in North America, South America, Australia and Africa. Our robust exploration and project pipeline further strengthens our global portfolio.
Our operational focus is to continuously improve our cost and technical performance and maintain world class social and environmental practices. This gives us the financial flexibility to invest in our most promising growth options, provide competitive returns to shareholders and maintain a strong balance sheet.