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Home > Business Directory >
Newmont Mining Corporation
Summary:

As of December 31, 2010, Newmont had proven and probable gold reserves of 93.5 million attributable ounces, copper reserves of 9.4 billion attributable pounds and an aggregate land position of approximately 27,458 square miles (71,118 square kilometers).

Key Facts

Incorporated: 1921

Headquarters: Denver, Colorado

President and CEO: Richard T. O'Brien

New York Stock Exchange (NYSE): NEM

Work force: Over 34,000 employees and contractors

Number of countries in which we operate or have significant assets: Eight (United States, Australia, Peru, Indonesia, Ghana, Canada, New Zealand and Mexico).

Land position: Approximately 27,458 square miles (71,118 square kilometers)

2010 Highlights

            Record revenues of $9.5 billion, up 24% from 2009;

            Attributable gold sales of 5.4 million ounces and equity copper sales of 327 million pounds;

            Record net cash from continuing operations of $3.2 billion, up 109% from 2009;

            Gold operating margin(1) increased 30% from 2009 on an average realized gold price increase of 25%;

            Cash and cash equivalents of more than $4 billion and $25.7 billion in total assets;

            Included in the Dow Jones Sustainability World Index for the fourth year in a row; and

            Began implementation of global standards and policies stemming from our 2009 Community Relationships Review

(1)"Gold operating margin" defined as average realized price per ounce less costs applicable to sales per ounce, excluding amortization and accretion per ounce.

Core Commodities

Gold (as of year-end 2010)

            93.5 million attributable ounces of proven and probable gold reserves.

            Consolidated production of 6.4 million ounces of gold (5.4 million attributable ounces).


Copper (as of year-end 2010)

            9.4 billion attributable pounds of proven and probable copper reserves.

            Consolidated production of 600 million pounds of copper (327 million attributable pounds). 

 

Vision, Mission and Values

In 2009, Newmont enhanced its Mission, Vision and Values to provide clarity and help us successfully grow our business:

Vision: We will be the most valued and respected mining company through industry leading performance.

Mission: We will build a sustainable mining business that delivers top quartile shareholder returns while leading in safety, environmental stewardship and social responsibility.

Values:

            Act with integrity, trust and respect.

            Reward creativity, a determination to excel and a commitment to action.

            Demonstrate leadership in safety, stewardship of the environment and social responsibility.

            Develop our people in pursuit of excellence.

            Insist on and demonstrate teamwork, as well as honest and transparent communication.

                        Promote positive change by encouraging innovation and applying agreed upon practices.

Street: 6363 South Fiddler's Green Circle
Street 2:Suite 800
City: Greenwood Village
State: CO
Zip: 80111
Country: United States
Phone: 303.863.7414
Fax: 303.837.5837
Website: http://www.newmont.com


Company Description:
Local Map:
Languages Spoken:

  • English

Coverage:

  • Lincenced
  • Insured

Related Categories:

Mining and Drilling -

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