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Our Approach to Social Responsibility

Aligning our business goals with the long-term interests of our stakeholders and the broader society is essential to our future success. Our business can play an important role in catalyzing the economic development and social wellbeing of host governments and communities through job creation, provisioning local goods and services, community investments, and paying taxes and royalties. We can contribute to the United Nations’ Sustainable Development Goals by being a leader in the areas where we can have the greatest impact.

We are also committed to a strong governance structure, including multi-stakeholder engagement and transparency around payments to governments, which increases accountability, promotes trust, creates mutual value and reduces corruption.

Our Sustainability and Stakeholder Engagement Policy states our commitment to transparently communicate with stakeholders and to respect all cultures, and along with our People Policy, we commit to providing local employment and economic development opportunities and building capacity.

Social Responsibility

Mutual Value

Mutual Value

Trout farm empowers community

A trout farm was built near Cajamarca, Peru with a $90,000 donation from our Yanacocha mine. Using clean, treated water from our mining operation, the farm produces over 20 tonnes of trout yearly and supplies three local restaurants. This community-run farm diversifies the local economy and offers a sustainable, healthy food source.

Local Procurement

Sourcing from local suppliers helps catalyze economic development, mitigate risk and maximize opportunities by building community and government support and potentially reduce costs.

Local Employment

Hiring locally benefits host communities in many ways including reduced poverty, improved skills, a more diverse workplace and the opportunity to achieve long-term growth and economic diversification.

Volunteerism

Volunteering allows employees to personally connect with the community around them to better understand the social context and external challenges – an understanding that they can bring to their work regardless of their department – while making a difference in the local community.

Community Development

We work with host communities to invest in education, health, infrastructure improvements and capacity development programs.

Economics, Taxes & Royalties

We pay taxes and royalties to national and local governments that support essential government services and raise the standard of living in host communities.

Strategic Partnership Management

Partnerships enhance our ability to positively impact communities and leverage our commitment to create value and improve lives through sustainable and responsible mining and build our reputation.

Social Impact

Social Impact

Celebrating Indigenous Culture and Heritage in Australia

Tanami and Boddington celebrated indigenous culture and heritage through food, art, language, music and cultural artifacts during National Aborigines and Islanders Day Observance Committee week. As part of our commitment to invest in local people and create employment opportunities for them, nearly half (45%) of KCGM’s first year apprentices are of Aboriginal and Torres Strait Islander descent.

Indigenous Peoples Management

We recognize the unique rights, culture, and history of indigenous peoples. We will seek to obtain their consent when a project is located on land they traditionally own or use, and is likely to impact them.

Respecting Human Rights

We recognize our responsibility to respect fundamental human rights, mitigate risks, ensure those impacted by our activities have access to remedies, and help realize many human rights through positive contributions that strengthen capacity and empower communities. 2018 Beyond the Mine – Human Rights Modern Slavery Statement 2017 Report to the Voluntary Principles on Security and Human Rights Human Rights Standard

Land Acquisition & Resettlement

We avoid resettlement where possible. When alternatives are not available, we work to ensure affected people and communities are engaged to make informed decisions, adverse impacts are minimized, and livelihoods and living conditions are restored or improved.

Artisanal Small-Scale Mining (ASM) Management

ASM occurs mainly around operations in Ghana and Suriname and we have developed a holistic strategic focused on security, managing impacts, collaborating to improve livelihood choices and promoting information sharing internally and externally.

Cultural Heritage Management

We seek to protect tangible and intangible cultural resources in our areas of influence and prevent unauthorized or undesired disturbance.

Stakeholder Relationship Management

Stakeholder Relationship Management

Engaging stakeholders for improved watershed management

Newmont’s North America region is working with the Humboldt River Basin Water Authority. Among other activities, we have supported sound management in the watershed by providing reviews and input on regulations and guidelines for water use and rights. This work has resulted in a mutually beneficial relationship as we continue to collaborate on the best way to manage the watersheds where we operate.

External Stakeholder Engagement

We seek to proactively engage external stakeholders based on inclusion, transparency, and integrity. Stakeholders are those people or groups who can influence or are interested in our business, or who are impacted by our business, whether the impact is perceived or real.

Community Relations Management

We strive to build relationships based on mutual respect with our host communities so we contribute toward social and economic development, improved standards and long-term benefits.

Expectations & Commitments Management

Our Stakeholder Relationship Management Standard mandates that we have a clear process to document and respond to stakeholder expectations as well as follow a formal authorization hierarchy before agreeing to commitments.

Institutional Relations Management

Industry groups, professional associations and other institutional stakeholders provide unique views and perspectives on our business and its related impacts. Engaging these stakeholder groups strengthens our understanding and helps establish credibility and trust.

Internal Stakeholder Engagement

Considering the perspective of stakeholders when managing business risk is already built into numerous decision-making processes, yet work is still required for internal stakeholders to fully understand all of the risks, impacts and opportunities associated with their decisions.

Conflict Management

We aim to address concerns before conflicts arise; yet if they do, we apply specific management strategies to resolve the conflict.