First Ever Newmont Legacy Fund Campaign Completed at Cripple Creek and Victor
Nov. 8, 2017 – Celebrating the conclusion of its first ever Legacy Fund employee giving campaign at the Cripple Creek and Victor (CC&V) mine, Newmont Mining Corporation announced today that the site attained their goal of 30 percent employee participation, generating donation pledges totaling $70,000 from CC&V employees. Newmont will match the generosity of its CC&V employees by matching their contributions 100 percent, resulting in $140,000 in total pledged donations that will go to local non-profit organizations in 2018. Additionally, Newmont will cover all of the overhead and administrative costs of the Legacy Fund so that 100 percent of the donations are available to help improve lives and build sustainable communities.
More than 65 local, non-profit organizations in and around local communities, including Cripple Creek, Woodland Park, Canon City, Colorado Springs and others, will benefit from the 2018 Legacy Fund’s proceeds. Donations will be distributed on a quarterly basis beginning in April 2018.
The inception of the Newmont Legacy Fund at CC&V also marks the inauguration of the CC&V Endowment Fund to help sustain local communities well into the future. The fund is off to a great start in its first year, with an ongoing annual pledge by Newmont of $30,000, plus employee donations for 2017 of just over $5,000!
“Newmont thanks employees at CC&V for their active participation and commitment to supporting local communities,” said Nancy Ostler, Newmont Legacy Fund Executive Director. “Their generosity will help finance important social services and programs today, while building the Newmont Endowment Fund’s ability to support local communities’ future needs.”
Newmont is a leading gold and copper producer. The Company’s operations are primarily in the United States, Australia, Ghana, Peru 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, 2016 and 2017. 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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