Headquarters
USA
Stock Exchange Listings
NYSE: NEM - TSX: NGT
Workforce
Employees: 14,468 (31/12/2020)
Contract workers: 13,540 (31/12/2020)
Total: 28,008 (31/12/2020)
Geographic Footprint
Producing countries: 9
Known tax jurisdictions: 27
Revenues (in BUSD)
Total Revenue: 11.497 (31/12/2020)
Net Income: 2.666 (31/12/2020)
State Ownership
No State ownership
2019 Fatalities
Total worker fatalities: 0
  • Employees: 0
  • Contract workers: 0
Others: Not Specified
2020 Fatalities
Total worker fatalities: 0
  • Employees: 0
  • Contract workers: 0
Others: Not Specified
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

Economic DevelopmentBusiness ConductLifecycle ManagementCommunity WellbeingWorking ConditionsEnvironmental Responsibility0%20%40%60%80%100%
  • Newmont
  • RMI average
  • Collective Best Score

While absolute results remain low overall, Newmont shows one of the two stronger results in Community Wellbeing and Environmental Responsibility, one of the four stronger results in Economic Development and Business Conduct, and above average in the remaining thematic areas (Lifecycle Management and Working Conditions).

In Community Wellbeing, Newmont is one of only four assessed companies to have made a formal commitment to respect the rights of human rights defenders, and it shows one of the better results on having systems to assess and address the potential impacts of involuntary displacement.

In Environmental Responsibility, Newmont shows relatively stronger results on three issues: systems to ensure its operations take an integrated approach to assessing their environmental impacts, systems to ensure tailings management and safety, and systems to ensure its operations plan and implement water stewardship strategies.

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

Newmont’s relatively strong results in Business Conduct reflect the company’s continuous improvement efforts since the RMI Report 2020, including the release of its Extractive Sector Transparency Measures Act Annual Report publicly disclosing all payments to governments from its mining operations disaggregated by project, subnational government, and type of payments.

Newmont is associated with a leading practice on improving diversity through recruitment and employment practices that aim to counter unconscious biases.

Newmont’s overall results are limited by a lack of evidence on a number of issues, including for example 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. The company also provides no evidence of systems in place to identify, assess, and address how climate change can exacerbate the impacts of their operations on affected communities and workers.

Newmont ranks 7th among the 40 companies on its mine-site-level results, though with an average score of only 14%. None of the seven Newmont mine sites included in the mine-site assessment show any evidence relating to five of the fifteen issues examined. This includes air quality, safety of communities, safety of workers, women workers, and living wage.

Overall results

Economic Development

38.10 / 100.002022
37.00 / 100.002020

Business Conduct

53.80 / 100.002022
43.00 / 100.002020

Lifecycle Management

33.30 / 100.002022
33.00 / 100.002020

Community Wellbeing

44.20 / 100.002022
40.00 / 100.002020

Working Conditions

39.10 / 100.002022
35.00 / 100.002020

Environmental Responsibility

54.50 / 100.002022
55.00 / 100.002020

Average Mine-Site Score

13%2022
2022
38
%
2020
37
%

Economic Development

2022
54
%
2020
43
%

Business Conduct

2022
33
%
2020
33
%

Lifecycle Management

2022
44
%
2020
40
%

Community Wellbeing

2022
39
%
2020
35
%

Working Conditions

2022
55
%
2020
55
%

Environmental Responsibility

2022
13
%

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)

Click on a mine site name to open its individual result page
AhafoAkyemBoddingtonCripple Creek & VictorMerianPueblo ViejoYanacocha
Local Employment
(score /4)
0.00.50.50.01.01.50.5
Local Procurement
(score /4)
1.01.01.01.01.00.01.0
Air Quality
(score /4)
0.00.00.00.00.00.00.0
Water Quality
(score /4)
0.00.00.00.00.00.00.5
Water Quantity
(score /4)
1.01.01.01.01.01.01.0
Rehabilitation and Post-Closure
(score /4)
0.00.00.00.00.00.51.0
Tailings Management
(score /4)
1.01.01.0-1.01.01.0
Safety of Communities
(score /4)
0.00.00.00.00.00.00.0
Community Grievances
(score /4)
1.01.01.01.01.01.02.0
Safety and Health of Workers
(score /4)
0.00.00.00.00.00.00.0
Women Workers
(score /4)
0.00.00.00.00.00.00.0
Workplace Deaths and Injuries
(score /4)
1.51.51.51.51.50.51.5
Training of Workers
(score /4)
0.50.50.50.50.50.00.5
Decent Living Wage
(score /4)
0.00.00.00.00.00.00.0
Worker Grievances
(score /4)
1.51.51.51.51.51.01.5
Mine Site Score
(%)
13.013.013.012.014.011.018.0

Operational mine sites

Mine Site NameAliases/Other namesCountryCompany's share (%)ProductsMining types
Agua Rica/AlumbreraBajo la Alumbrera, Bajo el Durazno, Agua Rica, MARAArgentina18.75Copper, Gold, MolybdenumOpen-pit
Ahafo-Ghana100GoldOpen-pit, Underground
Akyem-Ghana100GoldOpen-pit
Boddington-Australia100Gold, CopperOpen-pit
Cerro NegroEureka, Mariana Central, Mariana NorteArgentina100GoldUnderground
CortezPipeline, Cortez Hills, Nevada Gold Mines, Cortez Hills, Nevada Gold Mines, Nevada Gold MinesUSA38.5GoldOpen-pit, Underground
Cripple Creek & VictorCC&VUSA100GoldOpen-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 CharlotteAustralia0GoldOpen-pit
Long CanyonNevada Gold MinesUSA38.5GoldOpen-pit
Merian-Suriname75GoldOpen-pit
Musselwhite-Canada100GoldUnderground
Peñasquito-Mexico100Gold, Silver, Lead, ZincOpen-pit
Phoenix-Lone TreeNevada Gold MinesUSA38.5Gold, CopperOpen-pit
Porcupine-Canada100GoldUnderground
Pueblo Viejo-Dominican Republic40Silver, Gold, CopperOpen-pit
South ArturoDee, StormUSA23.1GoldOpen-pit, Underground
Tanami-Australia100GoldUnderground
Turquoise Ridge-Twin CreeksGetchell, Nevada Gold MinesUSA38.5GoldOpen-pit, Underground
YanacochaSan José, La Quinua, Cerro Yanacocha, Carachugo, Maqui-MaquiPeru51.35Gold, Silver, CopperOpen-pit
Éléonore-Canada100GoldUnderground

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

Mine Site NameAliases/Other namesCountryCompany's share (%)ProductsMining typesYear of closure
Con Gold-Canada100GoldUnderground2005
Golden Giant-Canada100GoldUnderground2014
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-Australia100Lead, ZincOpen-pit, Underground1999

Tax Jurisdictions (known)

Argentina

Australia

Bermuda

Bolivia

British Virgin Islands

Canada

Chile

Colombia

Dominican Republic

France

Ghana

Guinea

Guyana

Haiti

Honduras

Indonesia

Jersey

Liberia

Malaysia

Mexico

Netherlands

Papua New Guinea

Peru

Solomon Islands

Suriname

UK

USA