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Posted on May 22, 2013 in Our Business, Our Values
As a founding member of the International Council on Mining and Metals (ICMM), Newmont takes seriously our responsibility to create shared value and foster sustainable development in the communities where we operate.This month, the ICMM Council of CEOs – which includes Newmont President and CEO Gary Goldberg – approved an ‘Indigenous Peoples and Mining’ position statement.The position statement compliments not only our efforts to develop informed and collaborative approaches to community engagement but also the continuous improvement we have been making as outlined in the lessons learned from the Community Relationships Review.The position statement requires that ICMM member companies will:Respect the rights, interests, special connections to lands and waters, and perspectives of Indigenous Peoples, where mining projects are to be located on lands traditionally...
Posted on May 1, 2013 in Our People, Our Values
With mineral deposits often located in remote areas across the globe, mining can be both a challenge and opportunity. At Newmont, we view them as one and the same. Our global operations span five continents and present opportunities to work side by side with men and women from different cultures, races, religions and traditions.Jeannine Carter, Newmont’s Director Diversity and Global and Inclusion, explains that the diversity in operations and employment at Newmont makes it more important than ever to create a culture of inclusion, whereby employees recognize, respect and embrace each other’s differences.“Studies show that employee satisfaction and morale are higher at companies that are inclusive,” Jeannine says. “This improves companies’ ability to attract and retain employees and also leads to increases in creativity, innovation and productivity....
Posted on April 23, 2013 in Our Business, Our Values
Newmont is committed to promoting sustainable development around the world. Fulfilling this commitment requires ongoing engagement with our host communities and governments to secure their support and create shared value; world class environmental stewardship programs to minimize or mitigate our impacts on land, air quality, water and biodiversity; and continuous improvement in the areas of employee safety and engagement.Each year we publish data on our progress in these areas in our global sustainability report, Beyond the Mine. Using the Global Reporting Initiative (GRI) framework and the AccountAbility 1000 protocol on assurance, Beyond the Mine provides data and case studies on our economic, environmental, social, safety and governance performance.“Being recognized as a leader in social and environmental performance will require Newmont to go beyond compliance and competence...
Posted on April 9, 2013 in Our Business, Our Communities, Our Environment
What does sustainable development mean in the mining industry? At Newmont, we define it as managing resources in a way that provides shared value for all of our stakeholders without impairing the ability of future generations to benefit from those resources.While we are continually improving our own sustainability practices, we also voluntarily participate in a number of external global initiatives and partnerships that are raising the bar for environmental, social, safety, and ethical performance across the mining industry. One such organization is the International Council on Mining and Metals (ICMM).In 1998, Newmont and other leading mining companies and NGOs launched the Mining, Minerals and Sustainable Development project, aimed at ensuring mining’s long-term contribution to sustainable development. By 2001, interest and participation in sustainable mining practices grew and...
Posted on March 26, 2013 in Our Business
Mining is an industry in which even the smallest changes to operations can result in substantial improvements — to costs, efficiency, production, safety and more. At Newmont, this is what drives the development and implementation of new technologies.“We’re continually challenging ourselves and each other to find ways to improve the business,” explains James Earl, Fleet Management System Superintendent at Newmont’s Boddington operation in Western Australia. “Through innovation, we are making these improvements.”At Boddington, Australia’s largest gold mine, the recent implementation of this new technology has created efficiencies never before imagined in deep, open-pit mining. Developed in partnership with Leica Geosystems Mining Division, a company that specializes in solutions for fleet management and high-precision navigation, and Locata...
Posted on March 22, 2013 in Our Environment, Our Values
Every year since 1993, the United Nations (UN) marks March 22 as World Water Day to raise awareness on the importance of managing sustainable freshwater resources.At Newmont, we recognize that our operations have the potential to impact water, and we take our obligation and responsibility to protect water quality and availability very seriously. As demand for water increases around the globe, responsible water management becomes an even more important area of focus for Newmont. Water is vital to the communities and ecosystems, and we work to protect and enhance water access and quality to these communities.Newmont is committed to responsibly managing our water use through:Increasing conservation and re-use – around half of the total water used in our operations is treated and returned to the environment and the other half is recycled. Using non-potable (e.g. salt water) when...
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