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 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...
Posted on August 5, 2014 in Our Business, Our People
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 feet underground, which can make exiting the area in the event of a fire or emergency a complicated process.Chuck Burns, who for three years was the Health and Safety Manager at Newmont’s Subika underground mine in Ghana, explains that when evacuation isn’t an immediate option, there is an alternative – a mine refuge chamber.“Emergency preparedness and response is an integral part of Newmont’s safety management systems,” says Burns. “In an underground environment, it is paramount that our emergency plans address the hazards associated with fires and other incidents that can result in irrespirable atmospheres, or situations in which miners can’t breathe without the...
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 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...

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