Environment

Newmont recognizes climate change as an existential threat that demands urgent action and shared responsibility. As stewards of both our business and the environment, we understand our vulnerability to the physical and transitional impacts of climate change, such as extreme weather events and water scarcity, that can disrupt operations and production. To address these challenges, Newmont is committed to its Energy and Climate Strategy, which includes aspirational decarbonization targets by 2030 and a goal of becoming carbon neutral by 2050. We are also developing plans to support resilience in both our operations and surrounding communities.

Learn more about Energy and Climate Change on pages 70-73 of our 2024 Sustainability Report.

Access to clean and safe water is a fundamental human right, and responsible water management and stewardship are essential to upholding this right for surrounding communities. Newmont’s Global Water Strategy helps us understand shared challenges, reduce risks and improve our water management performance. We also recognize the importance of water management and stewardship in nature-positive actions that contribute to the wellbeing and resilience of ecosystems and shared natural resources.

Learn more about Water Stewardship on pages 74-84 of our 2024 Sustainability Report.

Newmont's tailings management approach has a goal of zero harm to people and the environment while adhering to best available practices, adopting best available technologies, strengthening and integrating socioeconomic awareness and stakeholder engagement, and environmental considerations throughout the lifecycle. We are committed to conforming with Global Industry Standard on Tailings Management (GISTM) and achieving the goal of zero harm to people and the environment.

Tailings Inventory and Disclosures

Newmont's interactive Public Disclosure Tool provides an informative platform to access information for Newmont's TSFs. The online tool provides users with interactive maps, tables, charts and lists to visualize information on our tailings inventory. For information on tailings facilities at our non-operated joint ventures, please visit the Barrick website.

The tool is shown below or can be accessed here for an interactive experience.

Implementation of the GISTM is a journey, and it is an important step toward raising the bar with respect to management of tailings. Even if full conformance cannot be demonstrated by the established conformance deadlines by Newmont or our peers, we believe it is important to recognize the journey that the industry is on to implement the GISTM, and the enhancements that are being made - now and into the future.

Newmont committed to implementing the GISTM and are working towards conformance to the GISTM for our priority facilities (i.e., active operations and legacy tailings facilities with 'Extreme' or 'Very High' consequence classification) by August 2023 and all others by August 2025.

Implementation of the GISTM is a journey, and it is an important step toward raising the bar with respect to management of tailings. An external disclosure has been developed in accordance with Principle 15 of the GISTM for information that is not already included in the Tailings Inventory and Public Disclosure Tool for any proposed new tailings facilities and for existing tailings facilities that have a consequence classification of 'Very High' or 'Extreme' under the GISTM. A conformance self-assessment has also been completed for these facilities. The disclosure and conformance self-assessment are representative of our portfolio as of August 2023, excluding non-operated joint ventures, and will be updated periodically.

Cadia NTSF Slump

CADIA NTSF EMBANKMENT SLUMP

On 9 March 2018, a localized slump event occurred on the Northern Tailings Storage Facility (NTSF) at Cadia. The slump event resulted in a release of tailings from NTSF with all tailings contained within the Southern Tailings Storage Facilities (STSF).

Newcrest accepted the findings of the independent review into the causal factors and root cause of the event and has made these publicly available at the link below. Following the report, investigations and reviews of all major water and tailings facilities across Newcrest were undertaken, with remediation projects identified and progressed.

CADIA NTSF EMBANKMENT SLUMP MECHANISMS

Nature includes all life on earth (i.e., biodiversity) plus inanimate components (i.e., geology, water and climate) across four key areas – land, fresh water, ocean and atmosphere. Newmont recognizes the interconnection among people, climate and nature and how it is essential for human health, wellbeing and economic stability. Nature Positive is a global society goal to halt and reverse nature loss by 2030 (on a 2020 baseline) and achieve full recovery by 2050. To contribute to Nature Positive, Newmont is committed to achieving No Net Loss of Key Biodiversity Values (KBVs) from mine-related activities.

Learn more about Biodiversity and Nature on pages 88-91 of our 2024 Sustainability Report.

Since mines operate for a finite period, careful closure planning is crucial to address the diverse social, economic, environmental and regulatory impacts associated with the end of mining operations. Newmont’s global Closure Strategy integrates closure planning throughout each operation’s lifespan, aiming to create enduring positive and sustainable legacies that last long after mining ceases.

Learn more about Closure and Reclamation on pages 92-94 of our 2024 Sustainability Report.

Properly managing materials and waste in mining is essential to mitigating environmental risks and protecting public health and safety. Mining involves using various materials and generating byproducts and waste like chemicals, mercury and waste rock, which, if mismanaged, can have negative impacts. Newmont employs effective management systems and controls to prevent adverse impacts on people and the environment and reduce long-term liabilities throughout the mine’s lifecycle.

Learn more about Materials on pages 95-96 of our 2024 Sustainability Report.