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GOLD-STANDARD STEWARDSHIP

By McClenahen, John S
Publication: Industry Week
Date: Saturday, July 1 2006

DENVER-BASED NEWMONT MINING CORP. HAS mine sites on five continents and bills itself as the world's largest gold producer. Under the leadership of Chairman and CEO Wayne W. Murdy, the $4.4 billion company has made much of the principle of stewardship, including commitments to the environment and community health.

IW: What is Newmont's concept of corporate stewardship, particularly as it relates to environmental protection and community health?

Murdy: Newmont's future is dependent on

its ability to develop, operate and close mines consistent with our commitment to sustainable development, protection of human life, health, the environment, and adding value to the communities in which we operate. Our social responsibility commitments form an integral part of our operations.

Our commitment to sustainability has been enhanced through our membership in the International Council on Mining and Metals (ICMM), an organization comprised of the world's leading natural-resource companies. Newmont is a founding member of the ICMM, and I am privileged to chair this group. ICMM members are committed to sustainable development principles, including public reporting on performance in accordance with the United Nations Global Reporting Initiative.