Home > Company Performance > Newmont Corporation
Newmont Mining Corporation and Goldcorp Inc. combined in April 2019 to form the world’s leading gold company as measured by assets, prospects and people.
Newmont has actively operating mines in Argentina, Australia, Canada, Dominican Republic, Ghana, Mexico, Peru, Suriname and the US, and a robust exploration and project pipeline further strengthens our global portfolio. With nearly a 100-year history in the mining industry, our purpose is to create value and improve lives through sustainable and responsible mining. Our strategy is to lead the gold sector in creating value for shareholders and other stakeholders by delivering superior operational execution; sustaining a global portfolio of long-life assets, and leading in profitability and responsibility.
Our values of Safety, Integrity, Sustainability, Inclusion, and Responsibility reflect our commitment to act responsibly as individuals and as a business. We are powered by a core belief that our people are as important as the assets we operate. We are committed to the responsible management of resources such as land, air quality, water and biodiversity, as well as putting the health and safety of our people first.
Newmont and TSM
All of Newmont’s three Canadian operating sites, as well as the North America Regional Office in Vancouver actively participate in TSM. Our Canadian operating sites include Musselwhite and Porcupine in Ontario, as well as Éléonore in Quebec.
In 2019, the Vancouver Head Office (now the North America Regional Office), and Musselwhite, Porcupine and Red Lake (sold in 2020) mines underwent third-party verification of their 2018 TSM results. This was the first time these sites have been externally verified along their TSM performance. Éléonore also completed a self-assessment of its 2018 results and underwent its first third-party verification in 2017. External verification was performed by EY.
Newmont had strong results across all seven TSM protocols in 2018. Areas of strength included the Aboriginal and Community Outreach Protocol, the Safety and Health Protocol and the Tailings Management Protocol, where all of Newmont’s Canadian sites received an ‘A’ ranking or higher.
Areas for improvement include the Crisis Management and Communications Planning Protocol at all sites and the Energy Use and GHG Emissions Management Protocol at Porcupine and Red Lake. Newmont continues to strive to improve its level of performance along TSM.
Facility | Crisis management and communications preparedness | Review | Training |
---|---|---|---|
Newmont North America Regional Office | ✔ | ✔ | ✔ |
Musselwhite | ✕ | ✕ | ✕ |
Porcupine | ✕ | ✕ | ✕ |
Red Lake | ✕ | ✕ | ✔ |
Éléonore | ✔ | ✕ | ✔ |
Facility | PREVENTING FORCED LABOUR | PREVENTING CHILD LABOUR |
---|---|---|
Musselwhite | ✔ | ✔ |
Porcupine | ✔ | ✔ |
Éléonore | ✔ | ✔ |
Community of Interest (COI) identification | Effective COI engagement and dialogue | COI response mechanism | Reporting | |
---|---|---|---|---|
Musselwhite | ||||
Porcupine | ||||
Red Lake | ||||
Éléonore |
AAA
AA
A
B
C
Commitments and accountability | Planning and implementation | Training, behaviour and culture | Monitoring and reporting | Performance | |
---|---|---|---|---|---|
Musselwhite | |||||
Porcupine | |||||
Red Lake | |||||
Éléonore |
AAA
AA
A
B
C
Tailings management policy and commitment | Tailings management system | Assigned accountability and responsibility | Annual tailings management review | Operation, maintenance and surveillance (OMS) manual | |
---|---|---|---|---|---|
Musselwhite | |||||
Porcupine | |||||
Red Lake | |||||
Éléonore |
AAA
AA
A
B
C
Commitment, accountability and communications | Conservation planning and implementation | Reporting | |
---|---|---|---|
Musselwhite | |||
Porcupine | |||
Red Lake | |||
Éléonore |
AAA
AA
A
B
C
Energy use and greenhouse gas emissions management | Energy use and greenhouse gas emissions reporting systems | Energy and greenhouse gas emissions performance targets | |
---|---|---|---|
Musselwhite | |||
Porcupine | |||
Red Lake | |||
Éléonore |
AAA
AA
A
B
C
Facility | Total Direct Emissions (Tonnes CO2e) | Total Indirect Emissions (Tonnes CO2e) | Total Emissions | Total Energy Use (GJ) |
---|---|---|---|---|
Musselwhite | 39714 | 5225 | 44938 | 1070834 |
Porcupine | 56254 | 7064 | 63318 | 1506049 |
Red Lake | 30398 | 8458 | 38856 | 1342174 |
Éléonore | 31307 | 337 | 31644 | 1354651 |
International Initiatives | ||
---|---|---|
Industry Sustainability Initiatives | ICMM Sustainable Development Framework |
✔ |
WGC Conflict Free Gold Standard |
✔ | |
ISO 14001 - EMS Standard |
✔ | |
Management System Standards | OHSAS 18001 |
|
UN Global Compact |
✔ | |
International Voluntary Initiatives | Extractive Industries Transparency Initiative |
✔ |
Voluntary Principles on Security and Human Rights |
✔ | |
OECD Guidelines for Multinational Enterprises |
||
AA 1000 |
||
Reporting, Disclosure and Transparency Standards | Global Reporting Initiative |
✔ |
CDP |
✔ | |
Water Disclosure Project |
||
Carbon Pricing Leadership Coalition |
||
IFC Social and Environmental Performance Standards |
||
Financing Standards | Dow Jones Sustainability Index |
✔ |
Listed on Socially Responsible Investing Indices | Jantzi Social Index |
|
Responsible Jewellery |
||
Industry Sustainability Initiatives | International Cyanide Code |
✔ |
Kimberley Process |
Newmont Corporation | 2022 | TSM Letter of Assurance
Newmont Corporation | 2022 | TSM Letter of Assurance
Newmont Corporation | 2020 | TSM Letter of Assurance
Newmont Corporation | 2018 | TSM Letter of Assurance
Newmont Corporation | 2017 | TSM Letter of Assurance
Newmont Corporation | Porcupine | 2022 | Verification Summary Report
Newmont Corporation | Musselwhite | 2022 | Verification Summary Report
TSM Results 2018 (Externally Verified)
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