Posted on April 14, 2014 in Our Communities, Our Environment
Today, Newmont published its annual sustainability report, Beyond the Mine. The report – which reflects our reporting obligations as a founding member of the International Council of Mining and Metals (ICMM) – details our social and environmental performance and our priorities for the future.Throughout the report, we highlight interesting facts about our business and performance. For example, did you know that Newmont’s safety performance in 2013 was the best in the company’s history, and our injury rate was the lowest among our ICMM peers?We invite you to read Beyond the Mine to learn more about this and other interesting facts about our business including:Newmont invested nearly $57 million globally in 2013 to support a wide range of community and economic development initiatives.The Chailhuagon reservoir in Peru’s Cajamarca region, which Yanacocha...
Posted on January 14, 2014 in Our Environment
While mineral production is Newmont’s core business, environmental stewardship is one of our core values. This includes managing and improving the natural habitat around our operations, as well as sustaining and enhancing healthy ecosystems.Every plant and animal plays an important role in the health of its ecosystem – from coral reefs in Indonesian seas to cutthroat trout in North American rivers. In Nevada, where the majority of our North American operations are located, we are helping to conserve and rehabilitate large expanses of sagebrush habitat, a landscape that is the life source of the Greater Sage-Grouse. Throughout the Western United States, the Greater Sage-Grouse population and the sagebrush ecosystem have suffered from the invasion of non-native plant species and an increase in wildfires.Large, frequent wildfires have affected the sagebrush-communities that...
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...
Posted on July 25, 2013 in Our Business, Our Communities, Our Environment
The lifecycle of a mine can span decades and even generations. At Newmont, our work with the local communities begins with exploration and continues well after the mine has closed.PT Newmont Minahasa Raya (PTNMR), our joint venture in Indonesia, provides one example of our efforts to improve economic and community welfare and create a lasting legacy well after our operations end.In 1996, PTNMR began gold mining production at the Mesel Gold Mine in North Sulawesi. All mining and processing activity at Mesel ended in 2004; most closure activities were finished in 2006; and closure monitoring was completed in 2010. Today, PTNMR continues to fulfill a number of obligations under the Contract of Work (CoW) with the Government of Indonesia.In 2012, PTNMR published a case study on our work with local governments and community representatives to develop, operate and close our mine in a manner...
Posted on May 30, 2013 in Our Environment, Our Values
This week a group of anti-mining activists invaded Yanacocha’s Conga property in Peru and attacked the police who were onsite protecting local contract workers and their equipment. This is not the first time police have been physically attacked while trying to ensure the safety of people and equipment from groups invading the Conga property. The contract employees, all from nearby communities, were engaged in preparatory work for reservoir construction and were safely relocated before the unprovoked assault on police.We reiterate our call for protest leaders to embrace good-faith dialogue and renounce violent provocations and vandalism that threaten everyone’s safety and the livelihood of workers from local communities.We remain focused on our “water...
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...
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