Posted on July 21, 2014 in Our Business, Our Environment
Recovering and refining gold can be both difficult and costly – particularly when the grade or concentration of gold in a deposit is low. However, even when the concentration of gold is so low that it’s invisible to the naked eye, this precious metal can be recovered safely and economically through chemical processing.The most essential ingredient in chemical processing of gold is cyanide, which, when in the form of a very dilute sodium cyanide solution, dissolves and separates gold from finely crushed rock. Although cyanide can be toxic, what many people don’t know about this chemical is that it is naturally occurring and, in some forms and concentrations, it is nontoxic. In fact, cyanide is produced in the human body and exhaled in extremely low concentrations with each breath. It’s also released into the environment by more than 1,000 plant species.At Newmont...
Posted on July 11, 2014 in Our Communities, Our Values
Earning our social license to operate means effectively engaging with communities to address their concerns and working together to provide meaningful, long-term benefits. Recently, Newmont’s Akyem mine in Ghana and its 10 host communities signed the Newmont Akyem Development Foundation (NAkDeF) Agreement. The Foundation Agreement is the vehicle through which many of Newmont’s social responsibility commitments to our host communities near Akyem will be realized and also documents the structure and management of NAkDeF, its funds and related resources.Sustainable social investments to be funded by the Foundation will include: educational scholarships to secondary, vocational and tertiary training institutions; infrastructural and social amenities; youth development; promotion of culture; business development; and economic empowerment, among others.Newmont will contribute to...
Posted on July 1, 2014 in Our Communities
Our Ahafo mine recently signed revised Ahafo Social Responsibility Forum Agreements with its ten host communities in Ahafo in the Brong-Ahafo region of Ghana.The Ahafo Social Responsibility Forum was established in 2006, with 53 members comprising representatives of traditional leadership, District Assemblies, Community Groups, NGOs and Newmont Ghana, to deliberate on issues of mutual interest to both parties.In 2008, the Forum signed into effect what became known as the Ahafo Social Responsibility Forum Agreements. The agreements covered three thematic areas namely: Employment, Development Foundation and Relationship Agreements. The Employment Agreement spells out guidelines for employing locals within the Ahafo Mine’s host communities; the Foundation Agreement sets out the terms and conditions under which Newmont shall fund the operations of Newmont Ahafo Development Foundation...
Posted on June 13, 2014 in Our Business
Our Twin Creeks mine in Nevada was recently selected as the winner of the Interstate Mining Compact Commission’s (IMCC) 2014 Reclamation Award in the Noncoal Category for work at the Piñon Tailings Facility. The facility is the first in Nevada to meet all closure and reclamation milestones and it received a Nevada Excellence in Mine Reclamation Award in 2012. Inactive since late 2001, when Twin Creeks ceased operation of the Piñon oxide ore mill, the Piñon Tailings Facility covers approximately 150 acres, contains 8.99 million tons of tailings, and is about 80 feet deep.As with all of our mine closures, Newmont developed an approach that takes into account community and environmental consideration and we looked to reclaim any disturbed land for beneficial use. Closure of Piñon tailings began with the transfer of process solution to an active heap leach facility as makeup water,...
Posted on June 3, 2014 in Our Business
Recently, Newmont published its 2013 Conflict-Free Gold Report, re-affirming our commitment to promote responsible mining practices and combat the potential misuse of mined gold to fund armed conflict or contribute to human rights abuses or breaches of international law.Assured by an independent third party, the report concludes that Newmont does not operate mines in areas classified by the Heidelberg Conflict Barometer as “conflict-affected or high risk”; and is in conformance with the criteria established by the World Gold Council’s (WGC) Conflict-Free Gold Standard for the year ending December 31, 2013.As stated in our Conflict-Free Gold Standard, we commit to provide annual updates to this report.About Newmont’s Conflict-Free Gold StandardIn 2013, Newmont officially adopted our Conflict-Free Gold Standard, which adheres to widely recognized standards and...
Posted on May 5, 2014 in Our Values
May 4 through 10 is Ethics Week in the United States, a week when companies focus on the importance of ethical behavior at work.We have a number of happenings at the corporate level that are worthy of attention during Ethics Week. In April, our board of directors approved a new Code of Conduct and six new global Policies, which are now available on our website. All employees are required to read and complete the required acknowledgement of the new Code. Together the Code and Policies provide clear guidance on the behaviors Newmont employees and those engaged in activities on our behalf must demonstrate at all times.Additionally, Newmont just recommitted to the Partnering Against Corruption Initiative. We were a founding member of the initiative in 2004 and through our commitment we join forces with other industry leaders, “to raise business standards and to build a competitive,...

Featured Posts

Our Ahafo mine recently signed revised Ahafo Social Responsibility Forum Agreements with its ten host communities in Ahafo in the Brong-Ahafo region of Ghana.
July 1, 2014
Our Twin Creeks mine in Nevada was recently selected as the winner of the Interstate Mining Compact Commission’s (IMCC) 2014 Reclamation Award in the Noncoal Category for...
June 13, 2014
May 4 through 10 is Ethics Week in the United States, a week when companies focus on the importance of ethical behavior at work.
May 5, 2014
Today, Newmont published its annual sustainability report, Beyond the Mine
April 14, 2014
When Newmont purchased Nevada’s Long Canyon gold deposit from Fronteer Gold in 2011, we were prepared for the detailed permitting process required for developing the mine....
April 11, 2014