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Research Outline

Prepared for Daniel R. | Delivered September 21, 2020

Mining Companies' Information

Goals

To find out detailed information about precious metal mining companies, including company name, headquarters, number and location of facilities, public vs. private, yearly revenue, sustainability focus efforts, companies owned, contact information, their greatest pain points regarding corrosion management or maintenance.

Early Findings

 Newmont Corporation 

  • Newmont Corporation is a precious metal mining company that operates around the globe.
  • The company works with gold, copper, silver, lead, and zinc.
  • The company is headquartered in Greenwood Village, Colorado, USA.
  • Newmont operates 6 sites in North America, 3 sites in South America, 2 sites in Australia, 2 sites in Africa, 5 sites in Nevada. The sites located in Nevada are not included in North American sites.
  • Newmont is a public company.
  • The company generated annual revenues of $9.74 billion, $7.253 billion, $7.379 billion, $6.68 billion, and $6.085 billion in 2019, 2018, 2017, 2016, and 2015 respectively.
  • Newmont is working in all areas of sustainability, including Environmental, Social, and Governance (ESG). Some initiatives from the company include reduction of water consumption by 7.6% and reduction of GHG (Greenhouse Gases) emissions intensity by 13.7% (as compared to 2013).
  • Newmont Corporation's level 1 subsidiaries include Goldcorp Inc., Moydow Ltd., N.I. Ltd., Newmont Canada FN Holdings ULC, Newmont Capital Ltd., Newmont CC&V Mining Corporation, Newmont Colombia S.A.S., Newmont Euronimba B.V., Newmont FH B.V., Newmont Goldcorp Australia Pty Ltd., Newmont Golden Ridge Holdings VOF, Newmont Holdings ULC, Newmont International Group BV, Newmont LaSource SAS, Newmont Mineral Holdings B.V., Newmont Nusa Tenggara Holdings B.V., Newmont USA Limited, Newmont Ventures Ltd., Normandy Overseas Holding Company Sdn Bhd, NVL Argentina S.R.L., and Pittston Nevada Gold Company Ltd.
  •  Suzy Retallack is the Vice President, Health, Safety, and Security at Newmont Corporation.
  • Newmont has incurred some losses due to maintenance costs, however, those were related to equipment maintenance costs. These costs are not necessarily associated with corrosion maintenance.