Newmont Corp.
Industry Group: Precious Metals
Country/Region: United States of America
Identifier: NYS:NEM
Newmont is the world's largest gold miner. It bought Goldcorp in 2019, combined its Nevada mines in a joint venture with competitor Barrick later that year, and also purchased competitor Newcrest in November 2023. Its portfolio includes 17 wholly or majority owned mines and interests in two joint ventures in the Americas, Africa, Australia and Papua New Guinea. The company is expected to produce roughly 5.5 million ounces of gold in 2024 from its core mines and 6.8 million in total. It is likely to sell a number of its higher cost, smaller mines accounting for 20% of forecast sales in 2024. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts. It had about two decades of gold reserves along with significant byproduct reserves at the end of December 2023.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Precious Metals 13 out of 107
Universe
Global Universe 5262 out of 15080
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Agnico Eagle Mines Ltd. |
21.1
Medium
|
12 out of 107 |
| Newmont Corp. |
21.4
Medium
|
13 out of 107 |
| Barrick Gold Corp. |
29.5
Medium
|
41 out of 107 |
| Zijin Mining Group Co., Ltd. |
36.7
High
|
69 out of 107 |
| PT Amman Mineral Internasional Tbk |
37.4
High
|
71 out of 107 |
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The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
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Top Material ESG Issues for Newmont Corp.
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Controversy Rating
Highest Controversy level that has impacted Newmont Corp.'s ESG Risk Rating in the last three years
Highest Controversy Level
Contributing Events
Highest Controversy Events Locations
