Environment

We recognize the impact mining activities inherently have on the environment. Along with implementing best practices, we pursue groundbreaking innovations and seek partnerships that amplify our efforts to responsibly produce the metals and minerals the world needs.

Our priority topics under Environment consist of Energy & Climate Change, Water Stewardship, Tailings Management, Biodiversity, Closure & Reclamation and Materials. Learn more below.

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Climate change remains an existential threat to the world. Newmont’s stakeholders, including investors, expect action to transition toward a more resilient low-carbon economy and to do so in a way that minimizes risks and maximizes social and economic opportunities. Newmont’s global Energy and Climate Strategy uses science-based targets to reduce greenhouse gas (GHG) emissions and takes an integrated approach, working alongside governments and communities, to accelerate an equitable transition to a low-carbon economy.

Reduced fresh water consumption by 31% globally since 2018
Advanced work to incorporate climate projections into site water balance models

Access to clean, safe water is a human right. Mining activities require water and can potentially impact local water supplies. Newmont’s Global Water Strategy guides our efforts to understand shared challenges, reduce water-related risks and improve our water management performance. Newmont is transitioning to an approach that integrates nature, identifying co-benefits and improving the health, wellbeing and resiliency of ecosystems and other shared natural resources.

Completed self-assessments for all 11 priority facilities to support ongoing conformance with Global Industry Standard on Tailings Management
Developed a Pillars of Responsible Tailings Management Guideline and a Tailings Storage Facility (TSF) Closure Guideline to ensure alignment with the GISTM, enhance consistency and support safe closure

Mining and mineral processing activities produce tailings, which are a waste product that, if not managed properly, can threaten human health and the environment. Newmont aims to manage all wastes, including tailings, by implementing best practices. 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.

Further information on our tailings practices and considerations throughout the lifecycle, please see our Tailings Management page.

Committed to being an early adopter of the Taskforce on Nature-related Financial Disclosures (TNFD), a new framework for disclosing nature related risks and opportunities
Piloted the proposed target-setting approach at a rehabilitation project at Porcupine and a reforestation program at Yanacocha

Biodiversity spans four areas of nature – land, fresh water, ocean and atmosphere – and it is critical for sustaining and stabilizing ecosystems to remedy the global challenge of environmental degradation and habitat loss. Newmont recognizes that local communities and our operations rely on healthy and functioning ecosystems to thrive. Our commitment to No Net Loss of Key Biodiversity Values (KBVs) due to mine-related activities is integrated into our approach and essential to achieving positive nature outcomes.

Completed reclamation on 165 hectares, exceeding our target of 143 hectares
Partnered with the Cooperative Research Centre for Transformations in Mining Economies to address and improve the prediction, remediation and closure of Acid and Neutral Metalliferous Drainage (AMD/NMD) sites

All mines have a finite operating life, making responsible closure planning essential to address the complex social, economic, environmental and regulatory impacts related to the end of mining operations. Newmont’s global Closure Strategy integrates closure planning across the business and throughout the life of each operation. We seek to leave long-term positive and sustainable legacies long after mining ceases.

Advanced our Path to Zero Cyanide Spills program, reducing cyanide-related spills above a certain threshold by 33% from 2022
Experienced 14 environmental events that were designated as having an actual level 3 or higher consequence specific to the environmental impacts

Monitoring materials and waste that can possibly harm people and the environment is essential to every business. Throughout the life of a mine, many activities require materials and generate waste – items such as chemicals, mercury and waste rock – that may pose a risk if not managed properly. Newmont has robust management systems and controls in place to mitigate and prevent potential negative impacts on people and the environment while reducing our long-term liabilities throughout the mine lifecycle.