- 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.
Recent Features :
Our Business
Our People
Our Values
Our Environment
Mine Recognized for Water Smarts
Index of Features
- 1 of 5
- ››
Cajamarca, Peru
One Newmont mine has taken sustainable water use to a new level, earning acclaim twice this year as a result and forging an agreement to ensure an ongoing supply.
Minera Yanacocha recently received the III Social and Environmental Responsibility Prize for outstanding water management at the ExpoMINA Peru 2010 Conference. Earlier this year, the Peruvian Environmental Ministry also awarded the operation with its Business Eco-efficiency Prize for 2010 in the water eco-efficiency category.
The operation also signed an agreement with national and regional government representatives and civil society organizations committing to implement policies for sustainable water use in mining projects and sharing best practices.
Since its development, Minera Yanacocha has worked to store and provide enough water for not only mining operations, but also for nearby landowners and farmers. It built the enormous San Jose reservoir, which – along with Yanacocha's treatment, permanent monitoring and water storage systems – is now linked to rural projects that directly benefit the recipients' agricultural production.
Water from the reservoir also flows to family reservoirs and technical watering systems, which allow agricultural activities to take place throughout the year rather than only during the rainy season.
November 30, 2010