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Business & Analysis

Newmont contributes $5 million to support humanitarian efforts in Ukraine

By : cd on 17 Mar 2022, 01:09     |     Source: christian ahorgah

Newmont

Newmont has announced it has committed US$5 million to support humanitarian efforts relating to the ongoing war in Ukraine.

The Company will provide direct support to Project C.U.R.E., the American Red Cross and International Medical Corps. All three organizations’ missions are to provide relief and medical supplies to those in need and are actively working in Ukraine and neighboring countries to support the millions of people affected by the crisis.

“Newmont has a culture rooted in its values and a deep commitment to and respect for human rights,” said Newmont President and CEO Tom Palmer. “As citizens of the world, we believe that our values compel us to provide meaningful support to the people of Ukraine who are suffering due to this tragic conflict. It is our basic duty to provide what relief we can in the face of such terrible atrocities.”

In addition to directly supporting these important organizations, Newmont is facilitating employee contributions to the American Red Cross by providing a double match to those contributions as well the corporate contributions.

About Newmont

Newmont is the world’s leading gold company and a producer of copper, silver, zinc and lead. The Company’s world-class portfolio of assets, prospects and talent is anchored in favorable mining jurisdictions in North America, South America, Australia and Africa. 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. The Company is an industry leader in value creation, supported by robust safety standards, superior execution and technical expertise. Newmont was founded in 1921 and has been publicly traded since 1925.