About Newmont Ghana
Founded in 1921 and publicly traded since 1925, Newmont is headquartered in Greenwood Village, Colorado. We have approximately 30,000 employees and contractors, with the majority working at managed operations in the United States, Australia, Ghana, Peru, and Suriname. Newmont is an industry leader in value creation and the only gold producer listed in the S&P 500 index. Our purpose – to create value and improve lives through sustainable and responsible mining – is guided by five core values: safety, integrity, sustainability, inclusion and responsibility. We are proud to have been named the mining industry leader in overall sustainability by the Dow Jones Sustainability World Index in 2015 and 2016.
Purpose, Mission, Vision and Values
Our purpose is to create value and improve lives through sustainable and responsible mining.
We transform mineral resources into shared value for our stakeholders and lead the industry in shareholder returns, safety, social responsibility and environmental stewardship.
We will be recognized and respected for exceptional economic, environmental and social performance.
We take care of our safety, health and wellness by recognizing, assessing and managing risk, and choosing safer behaviors at work and home to reach our goal of zero harm.
We behave ethically and respect each other and the customs, cultures and laws wherever we operate.
We serve as a catalyst for local economic development through transparent and respectful stakeholder engagement, and as responsible stewards of the environment.
We create an inclusive environment where employees have the opportunity to contribute, develop and work together to deliver our strategy.
We deliver on our commitments, demonstrate leadership, and have the courage to speak up and challenge the status quo.
Newmont’s strategy is to lead the gold sector in creating value for shareholders and other stakeholders through efforts to:
Secure the gold franchise –
by running its existing business more efficiently and effectively.
Strengthen the portfolio –
by building a longer-life, lower-cost asset portfolio.
Enable the strategy –
through capabilities and systems that create competitive advantage.
Supporting this strategy, the Company sets and meets aggressive improvement targets across five platforms:
Health and safety – working to eliminate all workplace injuries and illness through a focus on behaviors, leadership and risk management.
Operational excellence – delivering sustainable cost and efficiency improvements and world-class technical fundamentals.
Growth – building a stronger portfolio by progressing promising exploration, project development and inorganic opportunities.
People – developing a more streamlined operating model and a more diverse talent pipeline.
Sustainability and external relations – leveraging leading social and environmental practices for competitive advantage
Policies and Standards communicate the philosophy, rules and expectations of an organization.
As an important part of Newmont’s internal governance process, new or revised Global Policies and Standards are reviewed and preliminarily approved by a Global Policies & Standards Committee. Following this preliminary approval, the documents are posted for comment by employees for a minimum of 14 days, after which they are finally approved by the Global Policies & Standards Committee. Policies are then submitted for further approval by Newmont’s Executive Leadership Team and Board of Directors.
The scope of the Social and Environmental Standards is global, and they apply to all directors, officers and employees of Newmont Mining Corporation, its subsidiaries, and any other entities that it controls. A variance request process for existing or future conditions is in place for S&ER standards. The process provides an alternative mechanism for those instances where a Newmont site/operation cannot logistically or feasibly conform to a requirement established in a Standard due to special conditions or unique hardships.