Newmont Suriname Awarded U.S. Secretary of State’s Award for Corporate Excellence
October 28 2024 - 7:43PM
Business Wire
The award is a competitive process with U.S.
companies nominated by ambassadors from around the world
Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX:
NEM) today announces its operations in Suriname has been awarded
with the United States of America Secretary of State’s Award for
Corporate Excellence in the Climate Resilience category. This
recognition, highlights Newmont’s pivotal role in advancing
Suriname’s economic development and the company’s commitment to
sustainability and corporate responsibility.
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"Newmont is honored to receive this prestigious award. It is a
testament to our commitment to creating value and improving lives
through responsible and sustainable mining,” said Tom Palmer, CEO
and President of Newmont. "Since we began operations in Suriname,
we recognized the critical needs of local communities, especially
with regard to infrastructure and economic opportunities that have
been impacted by climate change.
“Over the years, we have built programs in collaboration with
our community partners to support existing businesses and to
generate new opportunities that benefit from Newmont’s value chain.
This includes working closely with Artisanal Small-Scale Miners on
their land reclamation efforts and offering capacity-building
programs and financial assistance to develop a new pipeline of
small business opportunities.
“As a 103-year-old US-based company, we are proud to demonstrate
our commitment to the highest ethical and environmental standards,
and to the long-term advancement of Suriname and its people,” he
added.
Newmont is deeply committed to supporting and advancing
Suriname’s green development goals. We will continue to enhance our
impact in this area by working closely with our stakeholders. Over
the years, our unwavering dedication to this purpose has
consistently driven socio-economic development in the communities
we serve.
Newmont fosters economic growth by empowering local communities
through talent development, local procurement, and
capacity-building initiatives. In collaboration with our community
partners, Newmont has created programs to support local businesses
and generate new opportunities from our value chain. This includes
working closely with Artisanal Small-Scale Miners on land
reclamation efforts and providing capacity-building programs and
financial assistance to develop new opportunities for small local
businesses.
Established in 1999, the United States of America Secretary of
State’s Award for Corporate Excellence recognizes the crucial role
U.S. companies play in elevating higher standards of business
conduct. More information can be found here.
About Newmont
Newmont is the world’s leading gold company and 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20241028794086/en/
Media Contact: Jennifer Pakradooni
globalcommunications@newmont.com
Investor Contact: Neil Backhouse
investor.relations@newmont.com
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