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ICYMI: Newmont Celebrates 95 Years

On Monday, Newmont celebrated its 95th anniversary since its official incorporation on May 2, 1921.

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Most recently, Newmont has delivered its strategy to lead the gold sector in value creation by:

  • Making operations safer and more efficient – Newmont has reduced its all-in sustaining costs and halved its injury rates to among the lowest in the mining sector over the last three years
  • Strengthening the balance sheet – Newmont has generated $1.9 billion in non-core asset sales and lowered net debt by $2 billion since 2013, resulting in a superior credit rating
  • Investing in profitable growth – Newmont acquired Cripple Creek & Victor and delivered five million ounces of gold reserves through exploration in 2015; delivered new, profitable gold production at Akyem in Ghana; and is building new mines at Merian, Long Canyon and expansions in the US and Australia
  • Improving environmental, social and governance practices – Newmont was named the mining industry’s sustainability leader by the Dow Jones Sustainability World Index in 2015. The Company has also improved female and national representation in its leadership ranks, and maintained long-standing shareholder support for its governance and compensation systems

To learn more about Newmont’s rich legacy over the past 95 years, visit our interactive timeline on our website. And to join in the conversation on social media, feel free to follow our 95th anniversary hashtag #NEM95 for historical facts throughout May.

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