U.S. Lags in Mine Development; Senate Takes on Permitting Reform
August 15, 2024
S&P Global found that, on average, it takes 29 years for a U....
For Newmont Mining Co., safety, social responsibility and safeguarding the ecosystems where it operates are high priorities—priorities that do not go unnoticed. For an impressive third year in a row, Newmont was named the mining industry’s overall leader in sustainability for 2017 by the Dow Jones Sustainability Index. The Dow Jones Index is one of the most prestigious assessments of global sustainability. Newmont’s remarkable achievements in environmental stewardship, which are highlighted in the company’s 2016 sustainability report, “Beyond the Mine,” also earned distinction among other Gold Class and Industry Movers recipients across 60 different industries.
From forming partnerships to conserve 1.5 million acres of land to protecting community watersheds, Newmont continuously exemplifies operational excellence and being a good neighbor.
“This ground-breaking achievement demonstrates Newmont’s genuine commitment to sustainable business practices, and further validates the dedication of our team to living our values of safety, integrity, sustainability, inclusion and responsibility.” Read Newmont’s full press release here.
Among the record number of global companies that participated in the assessment, three other National Mining Association members were also recognized for their outstanding sustainability performance: Barrick Gold Corp., Teck Resources Limited and Caterpillar Inc.
We are proud of minerals mining’s commitment to go above and beyond what is required when it comes to sustainability. For example, Teck Resources Limited partnered with the U.S. Bureau of Land Management (BLM) in 2015 and 2016 to reclaim historic sites. Teck has a strong record of voluntarily reclaiming former mine sites—even sites where it never operated like the McCraken Mine in Arizona. Teck earned BLM’s “Fix a Shaft Today” and Arizona State Mine Inspector’s Abandoned Mines Program Voluntary Action Award for its efforts to protect public health and wildlife habitats.
Perhaps even more impressive is our members’ dedication to support the American people. This is evident through their reclamation activities, investment in new sustainable technologies as well as corporate giving. When hurricanes devastated our nation earlier this month, Caterpillar Inc. donated resources through its partnership with the American Red Cross. Acts like these remind us not only of mining’s critical role in driving our economy, but also its commitment to being a good neighbor.
Learn more about how minerals mining is at the forefront of sustainability here.