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Newmont in Join Dow Jones Sustainability World Index again and IM to celebrate its 90 years in 2011

Posted on 24 Sep 2010

Newmont Mining has been selected to be included in the prestigious Dow Jones Sustainability World Index (http://www.sustainability-index.com/) for the fourth consecutive year.  In 2007, Newmont became the first gold company included in the index.  The company celebrates 90 years in 2011, which will be commemorated by a series of Great Mines articles in International Mining for the first half of 2011 – see below.

In addition, Newmont was selected for inclusion in the DJSI North America Index in 2006, 2007, 2008, 2009 and 2010. “Demonstrating industry leadership in our environmental and social performance over the long-term is vital to the ongoing success of our business,” said Richard O’Brien, Newmont’s President and Chief Executive Officer.  “To ensure Newmont remains sustainable, profitable and responsible we must strive to lead in safety, environmental stewardship and social responsibility.” 

DJSI World, Dow Jones’ premier sustainability index, tracks the performance of 2,500 leading companies, worldwide.  The index independently evaluates companies’ long-term economic, environmental, and social performance, publicly identifying the top 10% of performers in areas of sustainability. 

O’Brien went on to add, “I am especially proud of our employees whose ongoing commitment to sustainability honors our core values.  Year after year, our employees consistently demonstrate leadership by delivering sustainable value and opportunity for our shareholders, employees and host communities.” 

Companies are selected based on a systematic assessment identifying the top sustainability leaders in 58 different industry groups.  The methodology evaluates companies based on a variety of criteria, including transparency, corporate governance, risk and crisis management, environmental management and performance, stakeholder engagement, community development, energy management and climate change, biodiversity, human resources, and safety. 

The series of Great mines articles for 2011 will cover the history of the company in January followed by February – North America, March – Asia Pacific, April – South America, May – Ghana, June – Newmont: the future (looking at projects and exploration). Any suppliers or service companies that have significant presence at any of these mines and wishes to submit editorial for the articles should contact [email protected]

More information on Newmont’s environmental and social performance can be found in the company’s annual sustainability report, http://www.beyondthemine.com/.  The report is published as part of the company’s ongoing obligations as a founding member of the International Council on Mining and Metals (http://www.icmm.com/) and in accordance with its commitments under the United Nations’ Global Compact (http://www.unglobalcompact.org/) and the Voluntary Principles on Security and Human Rights (http://www.voluntaryprinciples.org/). 

Founded in 1921 and publicly traded since 1925, Newmont (http://www.newmont.com/) is one of the largest gold companies in the world.  Headquartered in Colorado, it has approximately 35,000 employees and contractors, with the majority working at core operations in the US, Australia, Peru, Indonesia and Ghana.