Posted on October 25, 2013 in Our Business, Our Values
Mine rescue is an operation you hope you never need to perform. But in the event that you do, you’d better be prepared.Randy Squires, Senior Manager for Regional Safety Relations at Newmont, speculates this may be the sentiment of every mining company. At Newmont, however, it’s much more than a sentiment. It is a commitment.Determined to safely return employees and contractors to their homes and families at the end of each work day, Newmont has created a culture in which all employees – whether they work at a mine site or in an office building – are expected to manage the risks of their jobs and choose more safe behaviors.It is a culture built upon safety standards and practices that have become second nature for employees. For instance, employees engage in safety interactions to better understand the impact and influence they have on one another’s well...
Posted on October 15, 2013 in Our Business, Our Values
Recently, Newmont was named to the Dow Jones Sustainability World Index (DJSI) for the seventh consecutive year. We are proud to be recognized as a leader in the areas of sustainable economic, environmental and social performance because we understand this performance – and our efforts to continually improve – are central to our future success.Newmont voluntarily participates in various partnerships and programs that provide a means for measuring our performance, as well as a framework for action and a forum to learn from others. One such program is the Extractive Industries Transparency Initiative (EITI), a multi-stakeholder coalition of governments, companies, investors, civil society groups and international organizations.Mining and other resource activities can be catalyst for economic and social development in emerging economies. However, the lack of accountability and...
Posted on October 11, 2013 in Our Values
Newmont’s mine rescue teams have to be at the top of their game every minute of every day. To help prepare our teams for virtually every emergency situation imaginable, we provide specialized training and stage mock rescues.Each year, the mine rescue teams at our Nevada operations showcase their abilities on a national stage at the annual National Mine Rescue Competition. Sponsored by the Nevada Mining Association, the competition is considered the closest thing to the real thing and a good measure of each team’s aptitude.This year’s competition was held from July 30 – August 1 in Reno, Nevada. Two of Newmont’s Nevada mine rescue teams – the Carlin Surface Mine rescue team and the Midas Underground Mine rescue team – delivered outstanding performance to advance to the finals, with the Carlin team ultimately securing the national title.The first...
Posted on October 7, 2013 in Our Business, Our Communities
Africa is experiencing one of the fastest growing economies in the world, second only to China. A significant source of this growth is revenue generated by mineral development, which is providing African nations with greater opportunities to invest in education, job creation and social programs that hold the promise of increasing prosperity and well-being.Heeding a Ghanaian proverb that states, “If an opportunity is not taken when it comes, it passes away,” Ghana has chosen to seize the opportunities created through its natural resource wealth. And with support from Newmont Ghana, Ghanaians are affecting positive change in their lives and in their communities. Just a few examples include:Bernard Fosu, an employee of Newmont and a beneficiary of Newmont’s Emerging Talent Program, pursued a degree in mineral engineering and graduated best among his peers at Ghana’s...
Posted on September 10, 2013 in Our People, Our Values
The most dynamic and essential tools cannot be found in a toolbox or hanging from a pegboard in the garage: they are conveniently located at the end of our arms.Our hands are our personal, built-in multifunctional tools. They are vital to many diverse professions and our everyday existence. Their value is immeasurable -- and that’s why protecting our hands in the workplace and at home is so critical.Unfortunately, hand safety is frequently an afterthought. In fact, nearly 10 percent of hospital emergency room visits are hand injuries. At Newmont, we’re working toward a Culture of Zero Harm, yet more than 50 percent of total reportable injuries in 2012 were hand-related. And while improper cutting techniques and pinched fingers are a leading cause of many hand injuries, there are countless other risks to our hands.Obviously, hands can get crushed by heavy machinery or burned...
Posted on August 12, 2013 in Our Business, Our Communities, Our Environment, Our People, Our Values
Evidence suggests that as far back as prehistoric times people were aware of the minerals that lay beneath the Earth’s surface.Although the science and technology behind mining have evolved over the millennia, the recovery of minerals from the earth remains complex.Depending on the size and location of a mineral deposit, a mining project will advance through a number of different phases and can take as few as 10 or as many as 100 years to complete. Taken together these phases are referred to as the mine lifecycle.Through every phase of mine development, Newmont works to achieve industry-leading environmental performance while creating shared value with the people and communities that host our operations. The following is an overview of the mine lifecycle, including a description of each phase and Newmont’s approach to sustainability.Lifecycle of a MineExploration Phase: Find...
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