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Advancing Technology and Innovation into the Future

This is the last of four in a series on technology and innovation.

Our commitment to meet and exceed production targets drives technological advancements in our mines – as does the emphasis we place on workplace safety. Consider our Carlin team, in Nevada, which was the first to test Caterpillar’s Driver Safety System (DSS), an advanced in-cab fatigue detection device. The successful trial saw fatigue and distraction events decline by 87 percent and 68 percent, respectively. This is one of many digital solutions that help Newmont “continuously pivot and self correct towards achieving maximum value from our mines,” as Mike Wundenberg puts it.

Wundenberg, VP Operational Technology and Innovation (OT&I) works alongside the Smart Mine development team headed by Marcelo Godoy, VP, Resource Evaluation and Mine Planning. Godoy’s leadership of our Smart Mine development work is building on the momentum of Newmont’s Full Potential program, which has delivered $1.5 billion in total improvements since 2013. The Smart Mine concept employs sensors, monitoring and optimization tools to anticipate and plan events in real-time, enabling us to continually adjust to operating conditions.

In addition to Smart Mine, our 2017 digital assessments identified other industry-leading technological options worth pursuing. Many of these are being piloted in 2018: fleet automation, predictive analytics, operation support centers and advanced process control.

One pilot project includes connected-worker technologies that analyze facial expressions of haul-truck drivers and sound vibrating alarms if the drivers are distracted or drowsy behind the wheel. There’s also the Smartband – a wearable device similar to a Fitbit. Worn 24/7, it monitors the quality and duration of an employee’s sleep and wake periods. Drivers learn about their own particular signs of fatigue or distraction, as well as how lifestyle changes can reduce fatigue and improve their long-term health.

Newmont is committed to testing and deploying technological innovations – ensuring that the best talents, infrastructure, strategies and capabilities are helping us create shared value. Working closely with operations and other Technical Services functional teams, Newmont’s Operational Technology and Innovation function will be aligning its five-year strategy and roadmap with Newmont’s global standards, guidelines, systems and business processes – a critical step in maximizing the return on our technology and innovation investments.

In the coming months, we will share updates on Newmont’s use of evolving technologies and innovation. In the meantime, be sure to visit our Investor Briefcase at Newmont.com to stay up to date on our commitment to delivering superior operational execution.

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