Headquarters
    USA
    Stock Exchange Listings
    NYSE: NEM - TSX: NGT
    Workforce
    Employees: 12,442 (31/12/2018)
    Contract workers: 11,765 (31/12/2018)
    Total: 24,207 (31/12/2018)
    Geographic Footprint
    Producing countries: 5
    Known tax jurisdictions: 26
    Revenues (in BUSD)
    Total Revenue: 7.253 (31/12/2018)
    Net Income: 0.304 (31/12/2018)
    State Ownership
    No State ownership
    2017 Fatalities
    Total worker fatalities: 0
    • Employees: Not reported
    • Contract workers: Not reported
    Others: Not reported
    2018 Fatalities
    Total worker fatalities: 7
    • Employees: Not reported
    • Contract workers: Not reported
    Others: Not reported
    Home countries, where the company is headquartered
    Producing countries, where the company has mining operations
    Mine sites selected for mine-site-level assessment

    Summary of Results


    While absolute results remain low overall, Newmont shows one of the three stronger results in Community Wellbeing and Environmental Responsibility, one of the five stronger results in Economic Development and Lifecycle Management, and above average in the remaining thematic areas (Business Conduct and Working Conditions). Newmont ranks 9th among the 38 companies on its mine-site-level results, though with an average score of only 19%.

    In Community Wellbeing, Newmont is the only assessed company to have made a formal commitment to respect the rights of human rights defenders, and shows one of the better results on having systems to assess and address the potential impacts of involuntary displacement. These relatively strong results reflect Newmont continuous improvement since the RMI Report 2018, as the company has produced a new policy statement on human rights defenders and has developed new management standards on engaging with Indigenous Peoples and managing involuntary resettlement.

    In Environmental Responsibility, Newmont shows relatively stronger results on three issues: having systems designed to ensure its operations plan and implement water stewardship strategies, tracking its performance on biodiversity management, and taking a systematic approach to assessing and addressing the risks of its use and production of hazardous materials.

    In Economic Development, Newmont shows on the stronger results on developing procurement opportunities for national-level suppliers in producing countries.

    Newmont is associated with a leading practice on its formalised commitment to respect the rights of human rights defenders.

    Newmont’s overall results are limited by a lack of evidence on a number of issues, including for example a systematic approach to integrating ESG issues into its investment decision-making processes, planning for post-closure just transition for workers, assessing and addressing its impacts on land use and land access for affected communities, and addressing the health and safety needs of women workers. Newmont could also strengthen its project-level disclosure of the payments it makes to sub-national and national governments in producing countries.

    Moreover, none of the five Newmont mine sites included in the mine-site assessment show any evidence relating to the disclosure of their air quality data or discussions with affected communities on the actions these operations are taking to manage air quality. There is also very limited evidence of these sites engaging with affected communities on the issue of post-closure planning.

    Overall results

    Economic Development

    2.22 / 6.002020
    2.70 / 6.002018

    Business Conduct

    2.60 / 6.002020
    2.96 / 6.002018

    Lifecycle Management

    2.36 / 6.002020
    2.44 / 6.002018

    Community Wellbeing

    2.66 / 6.002020
    2.72 / 6.002018

    Working Conditions

    2.38 / 6.002020
    2.15 / 6.002018

    Environmental Responsibility

    3.20 / 6.002020
    3.34 / 6.002018

    Average Mine-Site Score

    18.6%2020
    2020
    2.22
    score / 6
    2018
    2.70
    score / 6

    Economic Development

    2020
    2.60
    score / 6
    2018
    2.96
    score / 6

    Business Conduct

    2020
    2.36
    score / 6
    2018
    2.44
    score / 6

    Lifecycle Management

    2020
    2.66
    score / 6
    2018
    2.72
    score / 6

    Community Wellbeing

    2020
    2.38
    score / 6
    2018
    2.15
    score / 6

    Working Conditions

    2020
    3.20
    score / 6
    2018
    3.34
    score / 6

    Environmental Responsibility

    2020
    18.6
    %

    Average Mine-Site Score

    Results per measurement area

    Commitment

    (9 indicators)

    Action

    (42 indicators)

    Effectiveness

    (20 indicators)

    Results per indicator

    Economic Development

    Mine-site Results

    Mine sites selected for individual assessment (but not included in the overall company score)
    AhafoAkyemCripple Creek & VictorMerianYanacocha
    Local Employment
    (score /3)
    0.00.00.01.00.5
    Local Procurement
    (score /3)
    0.00.00.00.01.0
    Post-Closure Plans
    (score /3)
    0.00.00.00.50.0
    Community Grievances
    (score /3)
    1.01.00.51.02.0
    Worker Grievances
    (score /3)
    0.50.50.50.50.5
    Air Quality
    (score /3)
    0.00.00.00.00.0
    Water Quality
    (score /3)
    0.00.00.00.01.5
    Water Quantity
    (score /3)
    1.01.01.01.01.0
    Tailings Management
    (score /3)
    1.01.0-1.01.0
    Emergency Preparedness
    (score /3)
    1.01.01.51.01.5
    Mine-site Score
    (%)
    15.015.013.020.030.0

    Operational mine sites

    Mine Site NameAliasesCountryCompany's share (%)ProductsMining types
    Ahafo-Ghana100GoldOpen-pit
    Akyem-Ghana100GoldOpen-pit
    Boddington-Australia100Copper, GoldOpen-pit
    CortezPipeline, Cortez Hills, Nevada Gold MinesUSA38.5GoldOpen-pit, Underground
    Cripple Creek & Victor-USA100GoldOpen-pit
    Goldstrike-CarlinSilverstar, Goldstar, Leeville, Chukar, Pete Bajo, Exodus, Capstone, Bootstrap, Genesis, Maggie Creek, Tusc, Carlin Trend, Gold Quarry, Betze-Post, Meikle, Rodeo, Nevada Gold MinesUSA38.5GoldOpen-pit, Underground
    KalgoorlieSuper Pit, Mt CharlotteAustralia50GoldOpen-pit
    Long CanyonNevada Gold MinesUSA38.5GoldOpen-pit
    Merian-Suriname75GoldOpen-pit
    Phoenix-Lone TreeNevada Gold MinesUSA38.5Copper, GoldOpen-pit
    South ArturoDee, Storm, Nevada Gold MinesUSA23.1GoldOpen-pit, Underground
    Tanami-Australia100GoldUnderground
    Turquoise Ridge-Twin CreeksGetchell, Nevada Gold MinesUSA25GoldUnderground
    YanacochaSan José, La Quinua, Cerro Yanacocha, Carachugo, Maqui-MaquiPeru51.35Copper, Gold, SilverOpen-pit

    Closed mine sites (known)
    (controlled assets under care & maintenance, closure or post-closure management)

    Mine Site NameAliasesCountryCompany's share (%)ProductsMining typesYear of closure
    Con Gold-Canada100GoldUnderground2005
    Golden Giant-Canada100GoldUnderground2004
    Kinsley Mountain-USA78GoldOpen-pit1999
    MeselMinahasa, Leon, NibongIndonesia80GoldOpen-pit2004
    Midnite-USA51Uranium OxideOpen-pit1981
    Mule Canyon-USA100GoldOpen-pit1999
    Rosebud-USA50Gold, SilverUnderground2000
    San LuisBattle Mountain ResourcesUSA100GoldOpen-pit2000
    Woodcutters-Australia100Zinc, LeadOpen-pit, Underground1999

    Shareholders (known)

    As of: 31/10/2019Shares (%)
    The Vanguard Group, Inc.11.11%
    BlackRock Institutional Trust Company, N.A.7.28%
    State Street Global Advisors (US)4.65%
    Van Eck Associates Corporation4.58%
    BlackRock Investment Management (UK) Ltd.3.95%
    First Eagle Investment Management, L.L.C.2.54%
    Flossbach von Storch AG1.89%
    Geode Capital Management, L.L.C.1.60%
    DWS Investment GmbH1.25%
    Fidelity Management & Research Company1.18%
    T. Rowe Price Associates, Inc.1.12%
    APG Asset Management N.V.1.10%
    Northern Trust Investments, Inc.1.09%
    BlackRock Asset Management Ireland Limited1.00%
    Renaissance Technologies LLC0.89%

    Beneficial Owners (known)

    As of: 10/4/2019Shares (%)
    Gary Goldberg0.16
    Randy Engel0.06
    Thomas Palmer0.04
    Scott Lawson0.02
    Noreen Doyle<0.01%
    Veronica Hagen <0.01%
    Sheri E. Hickok<0.01%
    René Médori<0.01%
    Gregory H. Boyce<0.01%
    Julio M. Quintana<0.01%
    Molly P. Zhang<0.01%
    Nancy Buese<0.01%
    Jane Nelson<0.01%
    Bruce R. Brook<0.01%
    J. Kofi Bucknor<0.01%

    Subsidiaries (known)

    As of: 31/01/2019Country
    Battle Mountain Resources Inc.USA
    Con Exploration Ltd.Canada
    Cripple Creek & Victor Gold Mining Company LLCUSA
    Dawn Mining Company LLCUSA
    Elko Land and Livestock CompanyUSA
    ELLC Grazing Membership LLCUSA
    EMH (BVI) IncBritish Virgin Islands
    Empresa Minera Maria SRLBolivia
    Euronimba Liberia LimitedLiberia
    Euronimba LimitedJersey
    Euronimba UK LimitedUK
    Fronteer Development LLCUSA
    Fronteer Development (USA) LLCUSA
    Fronteer Royalty LLCUSA
    Galore Creek Mining CorporationCanada

    Tax Jurisdictions (known)

    Argentina

    Australia

    Bermuda

    Bolivia

    British Virgin Islands

    Canada

    Chile

    Colombia

    France

    Ghana

    Guinea

    Guyana

    Haiti

    Honduras

    Indonesia

    Jersey

    Liberia

    Malaysia

    Mexico

    Netherlands

    Papua New Guinea

    Peru

    Solomon Islands

    Suriname

    UK

    USA

    Investor / State Disputes
    (since 2014)

    No case