DENVER--(BUSINESS WIRE)--
Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) has
appointed experienced miner Andrew Woodley to lead the Company’s North
America business beginning on January 2, 2017. Mr. Woodley succeeds Tom
Kerr who retired from Newmont after 32 years of distinguished service to
the Company.
“Andrew is an accomplished operations and business leader with more than
20 years’ experience driving improvements in safety, productivity and
sustainability,” said Tom Palmer, Executive Vice President and Chief
Operating Officer. “His broad leadership experience delivering
step-change improvements in mining, minerals processing and project
development make him the right leader to build on our North America
region’s strong performance, and to deliver our strategy – which is to
improve the underlying business, strengthen the portfolio and create
value for shareholders and other stakeholders.”
Andrew joins Newmont having served as President and Chief Executive
Officer of Rio Tinto’s Oyu Tolgoi copper and gold mining operations in
Mongolia. Prior to Oyu Tolgoi, Andrew was Managing Director for Rio
Tinto Coal Mozambique and Country Head for Rio Tinto in Mozambique. He
has held the role of General Manager of Operations at mines in
Australia, and has worked in exploration in Canada, as well as
management consulting in mining, and manufacturing in Australia, New
Zealand, Malaysia and the United States. Andrew earned his Mining
Engineering degree from the University of New South Wales, Australia and
an MBA from Wilfrid Laurier University in Canada.
Newmont is the largest US-based gold producer where it operates surface
and underground mines in Nevada and Colorado. Last year Newmont marked
50 years of operations in Nevada and the North America region accounted
for nearly one-third of Newmont’s global production and 44 percent of
the company’s gold reserves. This year Newmont completed, on time and on
budget, the Turf Vent Shaft that allows for new, profitable gold
production from the Leeville underground mine in Nevada and announced
expansion of Exodus. The Company also expects to begin gold production
from Long Canyon in the first quarter of 2017.
About Newmont
Newmont is a leading gold and copper producer. The Company’s operations
are primarily in the United States, Australia, Ghana, Peru, Indonesia
and Suriname. Newmont is the only gold producer listed in the S&P 500
Index and was named the mining industry leader by the Dow Jones
Sustainability World Index in 2015 and 2016. The Company is an industry
leader in value creation, supported by its leading technical,
environmental, social and safety performance. Newmont was founded in
1921 and has been publicly traded since 1925.
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Source: Newmont Mining Corporation