Newmont recognized by BLM for community investment and sustainability programs
ELKO, Nev., Sept. 26, 2012 /PRNewswire/ -- Newmont Mining Corporation (NEM) (NYSE:NEM) was recognized today by the U.S. Department of Interior's Bureau of Land Management (BLM) for exemplary outreach and investment in local communities. The BLM presented Newmont its 2012 Hardrock Mineral Community Outreach and Economic Security Award in Las Vegas at a National Mining Association (NMA) luncheon held in conjunction with MINExpo International . Newmont was selected, in part, for its generous community investment and sustainability programs, which provide ongoing support to dozens of non-profit organizations across northern Nevada.
Newmont's award nomination emphasized the outstanding success of the company's NMC Legacy Fund program, which this year raised $1.8 million in combined employee and company-matching donations to 120 local, non-profit groups throughout northern Nevada's Elko, Eureka, Lander and Humboldt counties.
"Newmont is an active partner in rural northern Nevada's effort to take charge of its future," said Tom Kerr , Newmont's Senior Vice President, North American Operations. "Our investments in social services, educational institutions and skills development programs are laying a sustainable foundation for the long-term economic, environmental and social viability of our local communities."
The award, one of four in the BLM Reclamation and Sustainable Mineral Development category, is presented annually to those hardrock mining organizations that have demonstrated both responsible mineral resource development and an understanding of sustainable development. Nominees are considered according to their success in key areas such as maintaining open and honest communication with community stakeholders, promoting health and safety both on and off the site, investing in programs that improve the skills and productivity of employees and community members, developing strategies for sustaining the local economy after mine closure, and advancing the economic and social infrastructure of the community.
"We commend all of our employees who have helped to make Newmont's community investment and sustainability programs an award-winning success," said Mr. Kerr. "Their hard work and generosity are helping grow and improve northern Nevada's rural communities, while demonstrating our commitment to social responsibility."
Founded in 1921 and publicly traded since 1925, Newmont (www.newmont.com/) is one of the largest gold companies in the world. Headquartered in Colorado, the Company has approximately 44,000 employees and contractors, with the majority working at core operations in the United States, Australia, Peru, Indonesia and Ghana. Newmont is the only gold company listed in the S&P 500 index and in 2007 became the first gold company selected to be part of the Dow Jones Sustainability World Index. Newmont's industry leading performance is reflected through high standards in environmental management, health and safety for its employees and creating value and opportunity for host communities and shareholders.
SOURCE Newmont Mining Corporation