Newmont is the world’s leading gold company and a producer of copper, silver, zinc and lead. The Company’s world-class portfolio of assets, prospects and talent is anchored in favourable mining jurisdictions in North America, South America, Australia and Africa. Newmont is the only gold producer listed in the Standard & Poor's (S&P) 500 Index and is widely recognized for its principled environmental, social and governance practices. The Company is an industry leader in value creation, supported by robust safety standards, superior execution and technical proficiency.
Mr. Tom Palmer, President and Chief Executive Officer at Newmont
Transparency around taxes, royalties and payments to governments from natural resource development is essential to building trust with stakeholders. Transparency coupled with strong governance promotes accountability for both companies and governments alike. Internationally accepted standards like EITI provide both the framework and credibility to our efforts as a company to truly deliver on our purpose of creating value and improving lives through our payments to governments and our broader contributions to local economic development.
Engagement with the EITI
Newmont is part of the multi-stakeholder groups in Ghana via the Chamber of Mines, in Mexico via the Mexican Mining Chamber, and in Peru via the Sociedad Nacional de Mineria y Petroleo. In Guatemala, Newmont is an industry representative on the EITI National Working Group. Newmont supported the Minerals Council of Australia when the government announced its intention to apply as an EITI implementing country in 2016. It is an active member of the International Council on Mining and Metals (ICMM) who coordinates the EITI mining sub-constituency.
In its annual Extractive Sector Transparency Measures Act report (ESTMA) Newmont publicly discloses payments to governments from its mining operations. Read more on Newmont's Beyond the Mine Sustainability Report.
Read more about the company's commitment to the ESG on Newmont's website. The publication of Newmont's sustainability reports is also available on the company's website.
Link to the statement of support on Newmont's Sustainability Report