Posted on November 19, 2014 in Our Business
Two years ago, the World Gold Council (WGC), on behalf of its members and in partnership with leading gold refiners, created the Conflict-Free Gold Standard. Member companies such as Newmont publicly committed to abide by the standard, and the WGC recently released a video about the changes participants made to ensure their gold mining operations did not unintentionally fuel conflict.Implementation of the standard required that Newmont put mechanisms in place to ensure the sourcing of materials and services to produce our gold, as well as the gold entering and leaving our facilities, could be independently verified as meeting requirements of the standard.Application of the standard was a valuable learning experience for Newmont, our suppliers and the independent assuror, Bureau Veritas, as it forced close examination of our entire supply chain. The standard is enforced through...
Posted on November 14, 2014 in Our Communities
Done right, mining and natural resource development can be catalysts for economic and social progress in developing countries, as well as poor and subsistence communities.In a study released in October, the Shared Value Initiative identifies pathways for the oil, gas and mining industries to deliver positive social outcomes by tying business success to the prosperity of host communities and countries.While the downstream products and services of these industries create tremendous benefits for society in the form of energy and minerals, the report focuses on the communities where the minerals come from and establishes a framework for identifying ways to address societal issues and deliver real business value.The report highlights a number of best practices from across these industries, including Newmont’s worker apprenticeship programs in Ghana. These programs at our Ahafo and...
Posted on November 12, 2014 in Our People
This year on Veterans Day – a day dedicated to honoring those who served in the United States Armed Forces – Newmont President and Chief Executive Officer, Gary Goldberg, hosted a lunch paying tribute to the men and women of Newmont who sacrificed to defend their country and protect freedom. Joining our CEO for the event was U.S. Congressman Mike Coffman, who joined the U.S. Army at the age of17 and served in both the Army and U.S. Marine Corps during his military career, which included two tours of duty in Iraq. Congressman Coffman commended Newmont for supporting veterans and organizations such as the USO, whose mission is to lift the spirits of American troops and their families. “I think it is so important to remember the men and women who make sacrifices every day in defense of our freedom,” said Congressman Coffman to the crowd of more than 200...
Posted on November 6, 2014 in Our Values
Creating a workplace that is free of injuries and occupational illness requires more than Health and Safety standards and systems. It requires employees and contractors to constantly choose and demonstrate safe behaviors. These behaviors are part of Newmont’s Culture of Zero Harm. Through Vital Behaviors, an employee-driven process launched by Newmont during 2011 - 2013, employees identified by members of their crews as “opinion leaders” were asked to name three to four behaviors specific to their work areas (Mine Operations, Mine Maintenance, Processing, Support) that would make the greatest impact on safety. Opinion leaders also developed strategies to motivate and enable fellow workers to consistently choose these Vital Behaviors especially when that choice could have a huge impact on the outcome.  “In almost every situation, there is...
Posted on October 24, 2014 in Our Communities
This week, the World Gold Council released its second edition of the Responsible gold mining and value distribution report, covering 2013.According to the report, 79 percent of the money spent by gold mining operations that were included in the analysis went to local suppliers, employee wages, community investment, infrastructure, taxes, royalties and fees to governments. These expenditures exceeded $47 billion and resulted in jobs for 161,000 people.Newmont’s direct economic contributions in the countries where we operate totaled nearly $9 billion in 2013. But dollars only tell part of the story. In addition to employing nearby residents at our operations, Newmont partners with local entrepreneurs to establish and grow businesses that provide supplies and services to our mines, as well as other potential customers. Nurturing local enterprises also includes supporting...
Posted on October 8, 2014 in Our Business
Last month Newmont attended the United Nations General Assembly, the annual meeting of global leaders representing nearly 200 member states who come together to promote international peace and discuss solutions to some of the world’s most pressing issues – among them human rights, climate change and humanitarian crises.This forum presented a unique opportunity for Newmont to engage with diplomats and leaders from manycountries where we operate.During the meeting, Johan Ferreira – our Regional Senior Vice President of Africa operations – co-hosted an industry lunch in honor of Ghana President John Mahama. Ferreira and the President discussed Newmont’s collaboration with the Ghanaian government to advance socio-economic development in the region through development foundations and programs that support local jobs, businesses and livelihoods.The two also...

Featured Posts

“Corporate Sustainability is a business approach that creates long-term shareholder value by embracing opportunities and managing risks deriving from economic, environmental...
September 18, 2014
The best course of action a person should take during a fire is to evacuate the area. But in an underground mine, it’s not always that simple. Miners often work hundreds of...
August 5, 2014
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