Economic

Mining is a long-term endeavor, and our commitment to creating shared value is central to realizing our potential. This focus shapes our policies and practices, contributing to both Newmont’s lasting success and socio-economic progress in the communities we serve.

Our priority topic under Economic is Value Sharing. Learn more below.

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Paid $1.9B in taxes, royalties and other payments to governments
Spent $2.6B with local suppliers in host countries
Contributed $69M in investments in community projects and programs

Businesses are increasingly expected to actively contribute toward solutions that address societal challenges, enhance outcomes and involve communities in decisions that impact them. To fulfill these expectations, Newmont aims to create shared value, act as a catalyst for sustainable development, and build trust and credibility through meaningful engagement and transparent reporting.

Learn more about Value Sharing on pages 99-106 of our 2024 Sustainability Report.

Cover of 2024 Taxes and Royalties Contribution Report