• In 1962, Newmont revolutionized the gold mining industry with the world’s first discovery of submicroscopic or “invisible gold.”
  • Newmont helped found the ICMM, promoting sustainable development and social responsibility in mining.

How Mine Projects are Named

Did you know exploration geologists typically get to name new ore discoveries and ultimately our projects? Here's an interesting look at how some were named:

Site Meaning
Batu Hijau 
Green rock  (from the heavy amounts of copper in the geologic formations)
Elang Eagle  (the project was initially named after the DoDo bird until geologists realized it was one of their most significant discoveries to date)
Yanacocha Black lake  (the deposit is located near a large, opaque lake)
Carachugo         
Ugly face (the first deposit in Peru was near a hill that resembled an unattractive woman’s face)

 

 

 

 

 

 

 

 

 

 

 

April 18, 2011