Newmont Completes $20 Million Global Community Support Fund, Partnering with Communities for Greater Resilience Post-Pandemic

Global Community Support Fund demonstrates commitment to social responsibility and strengthening community engagement

Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) proudly announces the successful completion of the $20 million Global Community Support Fund (the Fund), established in April 2020 in response to the unprecedented challenges posed by the global pandemic. The objective of this fund was to provide critical financial resources to host communities where Newmont operates, targeting funds to address immediate impacts of the global pandemic while catalyzing long-term resiliency and future community development.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240404566254/en/

"After almost four years since its launch, we are pleased to announce the successful closure of the Global Community Support Fund, which reflects our ongoing commitment to partnering with the communities where we operate," said Suzy Retallack, Chief Safety and Sustainability Officer at Newmont. "The Fund's impact has been far-reaching, contributing to the collective efforts of communities to overcome the challenges posed by the pandemic and innovate for greater resilience in the future."

Over the past 3.5 years, Newmont has partnered with more than 420 local governments, medical institutions, charities, and non-governmental organizations to strategically allocate funds effectively. The $20 million Fund has been instrumental in supporting a wide range of initiatives, focused on health, food security and economic resilience:

  • $1.4 million donated to the Regional Hospital of Cajamarca, providing ventilators, incubators, monitoring equipment, COVID-19 tests and personal protective equipment (PPE).
  • $500,000 donation matched by the Colorado Health Foundation resulting in a $1 million total donation to the Colorado Community Support Fund to support community health and prevention for underserved populations in the state.
  • $300,000 donated to the American Red Cross Global Disaster Preparedness Center to support research and local-level grants for emergency response community resilience.
  • $304,000 donated to the Cree Trappers' Association in Quebec to provide food security to vulnerable people and employment for traditional harvesters in the nine communities of Eeyou Istchee.
  • $734,000 donated to the Kumasi Centre for Collaborative Research in Ghana to establish two new laboratories in the host communities of Ahafo and Akyem along with COVID-19 tests and testing equipment to expand their testing capacity for COVID-19 and other infectious diseases.
  • $968,000 donated to Suriname's Ministry of Health to launch the Recovery and Resilience Project in partnership with Crown Agents to strengthen Suriname's health system, reduce non-communicable diseases (NCDs) and COVID-19 burdens, and enhance emergency response capabilities.

"As part of our commitment to addressing the challenges posed by non-communicable diseases (NCDs) and the impact of COVID-19 in Suriname, Crown Agents, the Ministry of Health and Newmont formed an impactful partnership on the Recovery and Resilience Project. Together, we worked to strengthen Suriname's health system, alleviate the burden of NCDs and COVID-19, and enhance emergency response capabilities," says Sarah Hepworth, Chief Programmes Officer at Crown Agents. "Our focus on strengthening NCD services, promoting vaccination uptake, and addressing healthcare worker hesitancy underscores our dedication to improving the well-being of the people of Suriname. Crown Agents is proud to collaborate with Newmont and the Ministry of Health to contribute to the health and resilience of Suriname."

Newmont remains committed to its core values of safety, sustainability, and responsibility, and the successful implementation of the Global Community Support Fund underpins the company's purpose to create value and improve lives through sustainable and responsible mining.

About Newmont

Newmont is the world's leading gold company and a producer of copper, zinc, lead, and silver. The company's world-class portfolio of assets, prospects and talent is anchored in favorable mining jurisdictions in Africa, Australia, Latin America & Caribbean, North America, and Papua New Guinea. Newmont is the only gold producer listed in the S&P 500 Index and is widely recognized for its principled environmental, social, and governance practices. Newmont is an industry leader in value creation, supported by robust safety standards, superior execution, and technical expertise. Founded in 1921, the company has been publicly traded since 1925.

At Newmont, our purpose is to create value and improve lives through sustainable and responsible mining. To learn more about Newmont's sustainability strategy and initiatives, go to www.newmont.com .

Media Contact
Jennifer Pakradooni
Globalcommunications@newmont.com

News Provided by Business Wire via QuoteMedia

NGT:CA
The Conversation (0)
TSXV:LSX

LaSalle Exploration: Early-stage Precious Metals Exploration in Under-explored Areas of Quebec

LaSalle Exploration Corp. (TSXV:LSX) has launched its campaign on the Investing News Network’s resource channel.

LaSalle Exploration is a diverse resource exploration and development company focused on projects in the province of Quebec. The company is working to evaluate both the Eeyou Istchee James Bay region and under-explored regions of the Abitibi Greenstone Belt. The company owns a strong portfolio of projects including the Radisson gold property, the Blakelock gold-copper property and its recently-acquired Egan gold property.

Keep reading...Show less
NYSE:NEM

Precipitate Gold: Exploring in Prospective Mining Jurisdictions in the Dominican Republic

Precipitate Gold Corp. (TSXV:PRG) has launched its campaign on the Investing News Network’s resource channel.

Precipitate Gold is a mineral exploration company with district-scale strategic land positions in the Dominican Republic. The company is currently advancing its Pueblo Grande and Juan de Herrera projects in the Dominican Republic, where the company is also working to expand its existing portfolio. Precipitate Gold always works to acquire 100 percent of the properties that it owns, ensuring that there are no outstanding vendor payments or working commitments.

Keep reading...Show less
FRA:29W

White Gold Featured in the Mining Journal

White Gold Corp. (TSXV:WGO,OTC:WHGOF,FRA:29W) has been featured in a sponsored article published by the Mining Journal.

The article covered recent results from White Gold’s 2019 exploration program which is comprised of 17,000 meters of diamond drilling, 7,500 meters of reverse circulation drilling and upcoming drill plans. To date, White Gold has identified multiple new high-grade mineralization trends across its JP Ross project and White Gold project in the Yukon’s White Gold district. The new trends were all delineated within 10 kilometers away from last year’s Vertigo discovery area. One of White Gold’s goals this summer is to add more ounces to the VG zone on the company’s QV project, which sits 44 kilometers north of Newmont Goldcorp’s (TSX:NGT,NYSE:NEM) Coffee project.

Keep reading...Show less

Prospector Announces Closing of Strategic Equity Investment by B2Gold

Prospector Metals Corp. (TSXV: PPP) (OTCQB: PMCOF) (FSE: 1ET) ("Prospector" or the "Company") is pleased to announce that it has closed its previously announced strategic investment by B2Gold Corp. (TSX: BTO) (NYSE American: BTG) (NSX: B2G) ("B2Gold"). Pursuant to the transaction (see news release dated June 28, 2024) B2Gold subscribed for an aggregate of 5,578,720 common shares of the Company (the "Shares") at a price of C$0.163 per Share for aggregate gross proceeds to the Company of $909,331.36 (the "Offering").

The Shares represent a total position of approximately 9.9% of the issued and outstanding common shares of the Company.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less

Relevant Gold Announces Strategic Investment by Kinross Gold

Not for dissemination in or into the United States or through U.S. newswires

All dollars are Canadian unless otherwise noted

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Tempest Minerals

TEM | Yalgoo Update - Remorse Drilling Status

Tempest Minerals Ltd (TEM) is pleased to update the market on the status of planned drilling at the Company’s Remorse Target. TEM has received all the necessary regulatory approvals to commence drilling at the Remorse Target and has completed preparations. TEM expects to commence drilling in mid July 2024 (weather permitting) as Earthworks has been delayed due to inaccessibility as a result of heavy rainfall and partial flooding of the area.

Keep reading...Show less

Wheaton Precious Metals to Release 2024 Second Quarter Results on August 7, 2024

Wheaton Precious Metals™ Corp. will release its 2024 second quarter results on August 7, 2024 after market close.

A conference call will be held on Thursday, August 8, 2024 , starting at 8:00 am ET ( 5:00 am PT ) to discuss these results. To participate in the live call, please use one of the following methods:

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
Element 79 Gold

Element79 Gold Corp Announces Non-Brokered Private Placement

Element 79 Gold Corp . (CSE:ELEM) (OTC:ELMGF) (FSE:7YS) ("Element 79 Gold" or “(ELEM) a mining company focused on the production of gold and silver in Peru, announces that the Company wishes to raise up to $250,000 through a non-brokered private placement of units of the Company (each a “ Unit ”) at a purchase price of $0.23 per Unit (the “ Financing ”). Each Unit will be comprised of one common share of the Company (a “ Common Share ”) and one common share purchase warrant (each a “ Warrant ”). Each Warrant will be exercisable for one Common Share at a price of $0.35 per Common Share for four (4) years from the date of issuance.

Keep reading...Show less

Latest Press Releases

Related News

×