Sustainable development is a core part of Newmont’s strategy and integrated into every aspect of the business. The mining lifecycle requires investment and engagement that span decades and generations, and we are committed to managing each phase responsibly and generating lasting value for our stakeholders. We have built a strong set of principles and practices to fulfill this commitment, but our work to improve our performance never ends. We also will continue to work with industry groups and NGOs, along with host governments and communities, to improve our contribution to sustainable development. This report presents our approach to sustainable development, our performance in 2013, and our priorities and objectives for future years. See the web version of this report at: http://sustainabilityreport.newmont.com/
Sustainable development is a core part of Newmont’s strategy and integrated into every aspect of the business. The mining lifecycle requires investment and engagement that span decades and generations, and we are committed to managing each phase responsibly and generating lasting value for our stakeholders. We have built a strong set of principles and practices to fulfill this commitment, but our work to improve our performance never ends. We also will continue to work with industry groups and NGOs, along with host governments and communities, to improve our contribution to sustainable development. This report presents our approach to sustainable development, our performance in 2013, and our priorities and objectives for future years. See the web version of this report at: http://sustainabilityreport.newmont.com/
Sustainable development is a core part of Newmont’s strategy and integrated into every aspect of the business. The mining lifecycle requires investment and engagement that span decades and generations, and we are committed to managing each phase responsibly and generating lasting value for our stakeholders. We have built a strong set of principles and practices to fulfill this commitment, but our work to improve our performance never ends. We also will continue to work with industry groups and NGOs, along with host governments and communities, to improve our contribution to sustainable development. This report presents our approach to sustainable development, our performance in 2013, and our priorities and objectives for future years. See the web version of this report at: http://sustainabilityreport.newmont.com/
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ome / Overv|ew / Our Bus|ness Newmont |s one of the wor|d`s |ead|ng go|d producers, and an |ndustry |eader |n safety and susta|nab|||ty. The Oompany was founded |n 1921 and has been pub||c|y traded s|nce 1925. Headquartered |n Oo|orado, Newmont has approx|mate|y 32,000 emp|oyees and contractors, the major|ty of whom work at operat|ons |n the n|ted States, Austra||a, New Zea|and, Peru, lndones|a and Ghana. Newmont |s the on|y go|d company ||sted |n the S&P 500 |ndex and |n 2007 became the f|rst go|d company se|ected to be part of the Dow Jones Susta|nab|||ty Wor|d lndex. 2013 Performance ln 2013, under the d|rect|on of new|y appo|nted Pres|dent and Oh|ef Execut|ve Off|cer Gary Go|dberg, Newmont refreshed |ts strategy to: Secure the go|d franch|se - by runn|ng |ts ex|st|ng bus|ness more eff|c|ent|y and effect|ve|y Strengthen the portfo||o - by bu||d|ng a stronger portfo||o of |ong-||fe, |ow-cost go|d and copper assets Enab|e the strategy - by re|nforc|ng techn|ca| and soc|a| competenc|es and |everag|ng them for compet|t|ve advantage Support|ng th|s strategy, the Oompany set aggress|ve |mprovement targets across s|x strateg|c dr|vers, and ended the year meet|ng or exceed|ng them: !"#$ &'$"()*$+," Our Bus|ness F|nanc|a| H|gh||ghts (as of 31 December 2013} 2009 2010 2011 2012 -./0 Attr|butab|e go|d product|on (Koz} 5,237 5,370 5,166 4,977 12.31 Attr|butab|e copper product|on (M|bs} 227 314 197 143 /44 Average rea||zed go|d pr|ce ($/ounce} $977 $1,222 $1,562 $1,662 5/2060 Average rea||zed copper pr|ce ($/|b} $2.60 $3.43 $3.54 $3.43 5-763 Sa|es (|n m||||ons} $7,705 $9,540 $10,358 $9,868 5820-- D|v|dends pa|d per share $0.40 $0.50 $1.00 $1.40 5/7--1 Future Focus Newmont w||| |everage |ts strong asset portfo||o to de||ver average annua| product|on of about f|ve m||||on ounces of go|d over the next three years. We a|so expect to rea||ze at |east another $600 m||||on to $700 m||||on |n sav|ngs from 2014 to 2016, more than offsett|ng the effects of |nf|at|on and r|s|ng |nput costs. Th|s performance w||| he|p us ma|nta|n a strong ba|ance sheet, fund prof|tab|e growth, de||ver returns to |nvestors and create va|ue for a|| stakeho|ders. Our most advanced growth project |s the Mer|an project |n Sur|name and we w||| dec|de whether to proceed w|th deve|opment |n the second quarter of 2014. Th|s project |s va|ue-accret|ve, and g|ves us a footho|d |n the h|gh|y prospect|ve Gu|ana Sh|e|d. Newmont has been act|ve |n Sur|name s|nce 2004, and has used th|s t|me to work w|th trad|t|ona| |andowners to deve|op robust engagement agreements; |oca| NGOs to deve|op b|od|vers|ty p|ans; and government |eaders to max|m|ze va|ue and ra|se safety and env|ronmenta| standards among sma||-sca|e m|ners. Our v|s|on for Newmont |s to |ead the go|d sector |n creat|ng va|ue for shareho|ders and other stakeho|ders. We w||| cont|nue to bu||d a stronger bus|ness by de||ver|ng |ndustry |ead|ng cost and eff|c|ency |mprovements a|ong w|th stab|e product|on; bu||d|ng a stronger asset portfo||o through our wor|d-c|ass project and exp|orat|on portfo||o; and strengthen|ng our techn|ca| sk|||s, as we|| as our pract|ces and outcomes assoc|ated w|th soc|a| and env|ronmenta| susta|nab|||ty, |nc|ud|ng our uncomprom|s|ng focus on the safety and hea|th of our peop|e. Home / Overv|ew / Our Susta|nab|||ty Strategy Newmont has a |ong-stand|ng comm|tment to susta|nab|e deve|opment. Strong performance |n th|s area supports successfu| emp|oyee and stakeho|der engagement, access to h|gh-qua||ty resources and opportun|t|es, effect|ve r|sk management and eff|c|ent operat|ons. M|n|ng |s a |ong-term bus|ness - our operat|ons a||ow us to effect pos|t|ve, susta|nab|e change |n the commun|t|es and countr|es where we work, and our products contr|bute to h|gher ||v|ng standards around the wor|d. The ||fecyc|e of these operat|ons and products a|so |nvo|ves soc|a|, env|ronmenta| and po||t|ca| r|sks of |ncreas|ng comp|ex|ty and s|gn|f|cance - how we manage them d|rect|y |mpacts our reputat|on and ab|||ty to create va|ue. 2013 Performance Desp|te gett|ng th|ngs r|ght |n many areas of susta|nab|e deve|opment - and de||ver|ng wor|d-c|ass performance |n some - Newmont comm|tted to upgrad|ng |ts susta|nab|||ty capab|||t|es, strategy, systems and standards |n 2013 |n order to susta|n |ead|ng performance. The Oompany`s refreshed susta|nab|||ty strategy was approved by the Board of D|rectors |n December 2013 and |s formed around three |mperat|ves: Performance - ach|ev|ng |ndustry |ead|ng performance |n commun|ty engagement, env|ronmenta| protect|on and va|ue creat|on. Newmont |s refresh|ng |ts soc|a| and env|ronmenta| standards and aud|t|ng pract|ces; estab||sh|ng key |nd|cators and targets; and form|ng commun|t|es of pract|ce to dr|ve |mproved performance. Soc|a| acceptance and reputat|on - secur|ng the support of host commun|t|es and reg|ona|, nat|ona| and |nternat|ona| stakeho|ders. The Oompany |s |mprov|ng |ts competenc|es across key d|sc|p||nes - |nc|ud|ng |oca| econom|c deve|opment, commun|ty re|at|ons and government re|at|ons - to dr|ve |mproved acceptance and reputat|on. R|sk management - effect|ve|y |dent|fy|ng and manag|ng current and emerg|ng soc|a|, env|ronmenta| and po||t|ca| r|sks and opportun|t|es. Newmont |s |mp|ement|ng comprehens|ve strateg|es to manage country r|sk, water and energy more effect|ve|y; address emerg|ng |ssues such as free, pr|or and |nformed consent (FPlO}; and ra|se safety and env|ronmenta| standards and pract|ces among sma||-sca|e m|ners. The refreshed susta|nab|||ty strategy |s a||gned to our bus|ness strategy across |ts three key p|||ars: Secure the go|d franch|se - runn|ng ex|st|ng operat|ons more eff|c|ent|y and effect|ve|y |s supported by strong soc|a| and env|ronmenta| performance wh|ch, |n turn, |s requ|red to ma|nta|n our ||cense to operate and grow Strengthen the portfo||o - portfo||o opt|m|zat|on requ|res a proact|ve approach to |dent|fy|ng soc|a| and env|ronmenta| r|sks and opportun|t|es, and engag|ng effect|ve|y w|th stakeho|ders to address them Enab|e the strategy - ach|ev|ng compet|t|ve d|fferent|at|on as an |nvestment, emp|oyer and deve|opment partner of cho|ce requ|res super|or soc|a| and env|ronmenta| performance Our Susta|nab|||ty Strategy Emp|oyees Oontractors |abor un|ons Potent|a| emp|oyees Oommun|t|es near our operat|ons lnd|genous Peop|es Government off|c|a|s Regu|atory off|c|a|s Supp||ers Non-governmenta| organ|zat|ons (NGOs} Academ|a Med|a lndustry organ|zat|ons Shareho|ders F|nanc|a| |nst|tut|ons Board of D|rectors The refreshed susta|nab|||ty strategy a|so |ncorporates our approach to stakeho|der engagement. Th|s approach |s based on mutua| respect, open and honest d|a|ogue, and a des|re to bu||d trust|ng re|at|onsh|ps. We def|ne stakeho|ders as peop|e and organ|zat|ons who |nf|uence our success, |nc|ud|ng: At the corporate |eve|, engagement |s focused on shareho|ders, the |nvestment commun|ty, nat|ona| government |eaders, |ntergovernmenta| organ|zat|ons, trade assoc|at|ons, and c|v|| soc|ety - pr|mar||y nat|ona| and |nternat|ona| NGOs and academ|c |eaders. Engagement processes |nc|ude regu|atory f|||ngs, annua| and quarter|y reports on operat|ona| and f|nanc|a| performance, news re|eases, presentat|ons, as we|| as meet|ngs, te|ephone conversat|ons, med|a |nterv|ews, speeches and conference ca||s. Our webs|te |s another pr|mary source of |nformat|on for a|| stakeho|ders. We a|so use surveys to |ncrease our understand|ng of the know|edge |eve|s and percept|ons of both |nterna| and externa| stakeho|ders. The f|nd|ngs from these surveys he|p us |mprove our performance and create and susta|n organ|zat|ona| change. ln 2013, we conducted surveys w|th our g|oba| emp|oyee popu|at|on to measure engagement; w|th |nvestors and ana|ysts to understand the factors that dr|ve the|r |nvestment dec|s|ons; and w|th a broad range of |nterna| and externa| stakeho|ders to understand what susta|nab|||ty |ssues they cons|der to be of the greatest |mportance. We a|so engage on spec|f|c |ssues. For |nstance, we are part of a mu|t|-sector d|a|ogue - the FPlO Partnersh|p - that seeks to |nterpret FPlO requ|rements as they re|ate to commun|ty re|at|ons approaches, engagement mechan|sms and agreement mak|ng. The compan|es and NGOs part|c|pat|ng |n the FPlO Partnersh|p have comm|tted to work together to f|e|d-test approaches to FPlO and share exper|ences. S|m||ar|y, we are eva|uat|ng the deve|opment of a h|gh-|eve|, |ndependent adv|sory pane| that prov|des gu|dance to our bus|ness |eaders |n Sur|name on how the pr|nc|p|es of FPlO can be app||ed to our Mer|an project. Potent|a| pane| members |nc|ude |nternat|ona| NGOs, academ|cs, and members of the |nvestment commun|ty. More about Newmont`s approach to FPlO |n Sur|name can be found !"#". Newmont a|so cons|ders proact|ve, ongo|ng reg|ona| stakeho|der engagement to be a bus|ness |mperat|ve. One examp|e |s the Nat|ona| Sourc|ng Po||cy and M|n|ng lndustry Approach |n Ghana. Work|ng w|th the Ghana Ohamber of M|nes, we |dent|f|ed 28 d|fferent products and serv|ces we need to run our operat|ons that can be sourced |oca||y. Together w|th spec|a||st consu|tants, we have carr|ed out an |n-depth ana|ys|s of these products and serv|ces - and the compan|es that supp|y them - to boost our |oca| procurement |eve|s and |ncrease bus|ness opportun|t|es for |oca| compan|es. We are sett|ng targets to |mprove |oca| procurement and h|r|ng pract|ces at a|| of our operat|ons |n 2014. Another |||ustrat|on |s |n Nevada, where we engage w|th The Nature Oonservancy, n|vers|ty of Nevada-Reno, .S. F|sh and W||d||fe Serv|ce, .S. Bureau of |and Management and other agenc|es and experts to protect hab|tat for the $#"%&"# (%$")$#*+(". At the commun|ty |eve|, engagement processes are ta||ored to the needs of the s|te and the commun|ty. Our efforts |n our host commun|t|es are deta||ed |n the ,*--+./&0 1"2%&/*.(!/3( sect|on of th|s report. Future Focus ln 2014, Newmont w||| |mp|ement the new susta|nab|||ty strategy formu|ated |n 2013. Th|s work |nvo|ves stream||n|ng and updat|ng susta|nab|||ty standards and procedures; |mprov|ng the qua||ty and re|evance of support|ng systems and processes; and estab||sh|ng commun|t|es of pract|ce |n key funct|ona| areas. Newmont |s a|so work|ng to estab||sh metr|cs and |nd|cators - based on bus|ness needs and stakeho|der expectat|ons - to better measure and report |ts performance, and w||| |ntroduce these |n |ts 2014 susta|nab|||ty report. Broad ownersh|p and a c|ear framework w||| contr|bute to better performance over t|me. We w||| a|so |mprove how we ant|c|pate and manage soc|a|, po||t|ca| and env|ronmenta| r|sks and opportun|t|es |n countr|es where we current|y operate, and those that are prospect|ve or strateg|c for our bus|ness. Our country strategy program de||neates our approach to m|t|gat|ng r|sks and max|m|z|ng opportun|t|es spec|f|c to each country, w|th the u|t|mate goa| of |mprov|ng how we make dec|s|ons, a||ocate resources and de||ver |ead|ng soc|a| and env|ronmenta| performance. 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Board of D|rectors The Board of D|rectors` m|ss|on |s to ensure Newmont`s |ong-term f|nanc|a| strength w|th the u|t|mate goa| of creat|ng susta|nab|e va|ue for shareho|ders, emp|oyees and other stakeho|ders. The Board a|so p|ays a cr|t|ca| ro|e |n assess|ng major r|sks and ensur|ng h|gh standards of eth|ca| bus|ness conduct and comp||ance w|th app||cab|e |aws and regu|at|ons. N|ne of Newmont`s 10 D|rectors meet the cr|ter|a for |ndependence set out by the New York Stock Exchange`s Oorporate Governance Ru|es |nc|ud|ng the Oha|rman, v|ncent Oa|arco. These ru|es requ|re that a major|ty of D|rectors have no mater|a| re|at|onsh|p w|th the Oompany |n order to ensure that they exerc|se |ndependent judgment |n carry|ng out the|r respons|b|||t|es. Pres|dent and Oh|ef Execut|ve Off|cer Gary Go|dberg serves as the on|y management D|rector. Newmont`s Board of D|rectors represents a broad range of exper|ence, perspect|ves, sk|||s and nat|ona||t|es, and, w|th three fema|e D|rectors, |s |n the top 20 percent of Fortune 500 compan|es for representat|on of women. The Board`s Governance Oomm|ttee conducts annua| eva|uat|ons to determ|ne whether the Board and |ts Oomm|ttees are fu|f||||ng the|r purpose and respons|b|||t|es and funct|on|ng effect|ve|y. Four Board Oomm|ttees prov|de overs|ght and gu|dance |n key areas - Safety and Susta|nab|||ty, Aud|t, Oompensat|on and Governance - and each has a wr|tten charter def|n|ng members` ro|es and respons|b|||t|es. The Safety and Susta|nab|||ty Oomm|ttee |s charged w|th advanc|ng Newmont`s susta|nab|||ty program and performance and ensur|ng that susta|nab|||ty r|sks are managed effect|ve|y. Th|s Oomm|ttee |s cha|red by Joseph Oarraba, and |nc|udes veron|ca Hagan, Jane Ne|son and S|mon Thompson, who ret|red from the Board |n Apr|| 2014. The fu|| Board of D|rectors part|c|pates |n s|te v|s|ts at |east once a year to observe and assess |oca| pract|ces. ln 2013, Board members v|s|ted our Nevada operat|ons and our Batu H|jau s|te |n lndones|a. ln 2014, Board members w||| v|s|t operat|ons |n Ghana, Austra||a and New Zea|and, and the Mer|an project |n Sur|name. For more |nformat|on about the Board, p|ease v|s|t !"# %&'()*&. |eadersh|p Execut|ve |eaders Pr|mary respons|b|||ty for de||ver|ng strong susta|nab|||ty performance rests w|th Newmont`s &+&,"*)-& *&./, who has extens|ve operat|ona| and |nternat|ona| extract|ve |ndustry exper|ence. Key ro|es are as fo||ows: Gary Go|dberg, Pres|dent and Oh|ef Execut|ve Off|cer, ho|ds u|t|mate respons|b|||ty for Newmont`s soc|a|, econom|c and env|ronmenta| performance Dr. E|a|ne Dorward-K|ng, Execut|ve v|ce Pres|dent, Susta|nab|||ty & Externa| Re|at|ons, oversees the Oompany`s susta|nab|||ty strategy, po||cy, standards and systems and s|ts on the lnvestment Oounc||, wh|ch determ|nes wh|ch ventures are funded or recommended to the Board for approva| |aur|e Br|as, Execut|ve v|ce Pres|dent and Oh|ef F|nanc|a| Off|cer, oversees the Oompany`s efforts to dr|ve |ong-term f|nanc|a| performance and effect|ve|y manage r|sks Randy Enge|, Execut|ve v|ce Pres|dent, Strateg|c Deve|opment, |s respons|b|e for the Oompany`s strategy and bus|ness p|an and opt|m|z|ng the Oompany`s portfo||o through mergers, acqu|s|t|ons and d|vestment opportun|t|es Stephen Gottesfe|d, Execut|ve v|ce Pres|dent, Genera| Oounse| and Oorporate Secretary, |eads Newmont`s eth|cs and comp||ance program and performance W||||am MacGowan, Execut|ve v|ce Pres|dent, Human Resources and Oommun|cat|ons, dr|ves efforts to attract, deve|op and reta|n ta|ent; and strengthen g|oba| |nc|us|on and d|vers|ty Ohr|s Rob|son, Execut|ve v|ce Pres|dent, Operat|ons and Projects, a|ong w|th the sen|or v|ce pres|dents of Operat|ons and Exp|orat|on, the v|ce Pres|dent of Hea|th, Safety and Secur|ty, and the Reg|ona| Sen|or v|ce Pres|dents, |s charged w|th de||ver|ng |ead|ng hea|th, safety, soc|a| and env|ronmenta| performance Execut|ves are he|d accountab|e through Newmont`s performance management program. Oompensat|on and bonuses are d|rect|y t|ed to ach|ev|ng annua| targets that dr|ve the Oompany`s ab|||ty to meet |ts strateg|c object|ves, wh|ch are to de||ver |ndustry |ead|ng performance |n hea|th and safety; operat|ona| exce||ence; va|ue creat|on; emp|oyee engagement and d|vers|ty; and soc|a| and env|ronmenta| respons|b|||ty. ln 2013, we changed our execut|ve bonus program to |nc|ude a hea|th and safety metr|c, ref|ect|ng the |mportance of v|s|b|e, heartfe|t |eadersh|p |n ach|ev|ng our u|t|mate goa| of zero harm. Newmont ho|ds an annua| adv|sory vote on execut|ve compensat|on to g|ve shareho|ders an opportun|ty to approve, reject or absta|n from vot|ng on execut|ve compensat|on programs and po||c|es. More |nformat|on on D|rector and execut|ve compensat|on |s reported |n our .00".1 2#!+3 (*.*&/&0*. Home / Governance / Oode of Oonduct Our comm|tment to h|gh eth|ca| standards and corporate respons|b|||ty |s ref|ected |n our !"#$ "& !"'#()* (Oode}, wh|ch |s updated regu|ar|y and rat|f|ed by our Board of D|rectors. Oode of Oonduct Oorporate respons|b|||ty |nc|udes a mandate for eth|ca| behav|or by a|| of our emp|oyees, off|cers and D|rectors, and by our partners, vendors and contractors when they are work|ng w|th us or on our beha|f. That mandate |s de||neated |n our Oode of Oonduct, wh|ch promotes our comm|tment to: Work safe|y and upho|d the soc|a|, env|ronmenta| and econom|c pr|nc|p|es of susta|nab|e deve|opment, |nc|ud|ng promot|ng fundamenta| human r|ghts Bu||d d|vers|ty, work respectfu||y and make h|r|ng and promot|on dec|s|ons fa|r|y Behave honest|y, and demonstrate zero to|erance for br|bery or any form of corrupt|on Engage transparent|y and fa|r|y w|th a|| stakeho|ders, and seek to understand the|r |nterests and concerns Speak up when we see |ssues or have quest|ons, and protect others who speak up Oonform w|th the Oode, a|| |oca| and nat|ona| |aws, and app||cab|e regu|at|ons everywhere we do bus|ness Our Oode |s supported by a set of g|oba| po||c|es wh|ch express our |ntent|ons, asp|rat|ons and comm|tments across s|x key aspects of our bus|ness: hea|th and safety; operat|ons and resource deve|opment; asset and va|ue protect|on; bus|ness |ntegr|ty; peop|e; and susta|nab|||ty and stakeho|der engagement. These po||c|es are supported by standards, wh|ch spec|fy m|n|mum acceptab|e requ|rements for behav|ors and dec|s|ons; gu|de||nes, wh|ch prov|de a recommended approach to bus|ness pract|ces; and procedures, wh|ch def|ne spec|f|c work, how |t shou|d be done and who shou|d do |t. Eth|cs Program Newmont`s eth|cs program |s des|gned to create an eth|ca| cu|ture and he|p emp|oyees make good dec|s|ons that a||gn w|th the Oode. A|| managers and bus|ness |eaders must comp|ete on||ne tra|n|ng courses and annua||y s|gn or e|ectron|ca||y acknow|edge a dec|arat|on stat|ng they have read and understand the Oode. New emp|oyees are a|so requ|red to s|gn or e|ectron|ca||y acknow|edge a dec|arat|on that they have read and understand the Oode when they jo|n Newmont. The eth|cs program |s gu|ded by a steer|ng comm|ttee of execut|ves and managed by our corporate |ega| team, who work c|ose|y w|th eth|cs advocates at each of our off|ces and operat|ng reg|ons. Eth|cs |ssues - and act|ons taken to reso|ve them - are reported to the Board of D|rectors` Aud|t Oomm|ttee on a quarter|y bas|s. The +*,-). /"0(*-"' 1""0 |s the program`s centra| system. The too| g|ves emp|oyees, vendors and commun|ty members a conf|dent|a| channe| to report |ssues, ask quest|ons and recogn|ze outstand|ng performance by phone or ema||. The too| |s ava||ab|e 24 hours a day, seven days a week |n mu|t|p|e |anguages, and |s operated by a th|rd party who safeguards the conf|dent|a||ty - and anonym|ty, |f preferred - of those who make reports. lssues subm|tted through the Eth|cs So|ut|on Too|, or by other methods, are |nvest|gated by qua||f|ed personne| |n the re|evant area of expert|se, |nc|ud|ng human resources, |nterna| aud|t and secur|ty. We take what we |earn through |nvest|gat|ons and our se|f-assessment processes to coach or d|sc|p||ne emp|oyees, and to update our po||c|es, systems or tra|n|ng as necessary. Oode of Oonduct 2013 Performance ln 2013, we expanded the reach of our on||ne Oode of Oonduct tra|n|ng and set a target for 100 percent of management staff to comp|ete annua| tra|n|ng. As of March 31, 2014, the part|c|pat|on rate among managers was 81 percent. A|| new|y h|red emp|oyees acknow|edged that they read and understood our Oode |n 2013, and a|| contracts w|th vendors and contractors |nc|uded ant|-corrupt|on c|auses as part of the terms and cond|t|ons. A tota| of 234 new |ssues were ra|sed through our eth|cs and comp||ance report|ng system throughout 2013, and 27 cases were open at the beg|nn|ng of the year. By year end, 224 of those matters were c|osed and 37 rema|ned open. Of the cases c|osed |n 2013, 119 (53 percent} were not substant|ated. Of the 105 (47 percent} that were substant|ated, 74 resu|ted |n human resources or management act|ons that ranged from counse||ng to term|nat|on of the emp|oyees |nvo|ved, and 31 resu|ted |n a change of bus|ness process. There were no conf|rmed |nstances of government corrupt|on. ln 2013, we |ncorporated many of our current pract|ces and procedures |nto a comprehens|ve Bus|ness lntegr|ty Po||cy that requ|res peop|e engaged |n act|v|t|es on our beha|f to work honest|y and |n the best |nterests of the Oompany; to avo|d corrupt|on and br|bery of any k|nd; and to ensure comp||ance w|th re|evant export standards. lt a|so requ|res those |nvo|ved |n report|ng |nformat|on about the Oompany to do so |n a t|me|y and accurate manner. The po||cy |s expected to be approved and |mp|emented |n the f|rst ha|f of 2014. We a|so deve|oped a 2"0-*-)30 !"'*4-5(*-"'. /*3'#34# |n 2013 to expand on our Oode of Oonduct by deta|||ng the ru|es and processes for mak|ng po||t|ca| contr|but|ons or otherw|se engag|ng |n the |eg|s|at|ve or po||t|ca| process. Th|s standard app||es to a|| Newmont emp|oyees, contractors, and D|rectors, and to a|| vendors, contractors and bus|ness partners when they are engaged |n act|v|t|es on our beha|f. We f|na||zed and |mp|emented the standard |n ear|y 2014. Newmont`s .S. po||t|ca| contr|but|ons tota|ed $87,500 |n 2013. We do not make po||t|ca| contr|but|ons outs|de the .S. Read more about our pub||c po||cy process and how our po||t|ca| contr|but|ons were a||ocated ,$4$. Future Focus We are updat|ng our Oode of Oonduct |n 2014 to a||gn w|th our refreshed strategy and the |atest externa| requ|rements and expectat|ons. The updated Oode w||| not re|ax any of our standards, but |t w||| be stream||ned to make |t a more effect|ve gu|dance too|. We w||| a|so update the po||c|es and standards that support the Oode by year end, and take advantage of the opportun|ty to re|nforce our comm|tments - and the behav|ors requ|red to meet them - across our g|oba| workforce. Home / Governance / R|sk Management Enterpr|se R|sk Management Newmont faces a range of r|sks that cou|d threaten our bus|ness - from |os|ng our ||cense to operate, to be|ng adverse|y affected by energy shortages, to fac|ng s|gn|f|cant meta| pr|ce reduct|ons |n the marketp|ace. Wh||e we cannot pred|ct every poss|b|e r|sk, we have adopted an |ntegrated approach to |dent|fy|ng, mon|tor|ng and manag|ng r|sks based on the|r ||ke||hood and s|gn|f|cance. The goa| of our Enterpr|se R|sk Management (ERM} program |s to support Newmont |eaders and D|rectors |n fu|f||||ng the|r f|duc|ary respons|b|||ty for r|sk overs|ght, and u|t|mate|y, to protect peop|e, the env|ronment, our assets and our reputat|on. The ERM system |s bu||t to meet the |nternat|ona| standard for R|sk Management (lSO 31000:2009}. Th|s system ensures that we are tak|ng a comprehens|ve approach that |nc|udes: Estab||sh|ng context - assess|ng the scope, schedu|e, stakeho|ders and de||verab|es that must be comp|eted ahead of the r|sk assessment ldent|fy|ng r|sk - def|n|ng the potent|a| exposure for a g|ven funct|on, project or system, wh|ch re||es on an |n-depth know|edge of the area, subject and assoc|ated bus|ness object|ves Ana|yz|ng r|sk - rev|ew|ng a|| pert|nent deta||s of a r|sk, |ts cause and the ||ke||hood and magn|tude of potent|a| consequences Eva|uat|ng and treat|ng r|sk - rank|ng r|sks and deve|op|ng p|ans to avo|d, transfer, m|t|gate or accept them R|sk mon|tor|ng and rev|ew - effect|ve|y mon|tor|ng r|sk and treatment p|ans and mak|ng course adjustments as necessary Oommun|cat|ng and consu|t|ng - dr|v|ng effect|ve hor|zonta| and vert|ca| commun|cat|ons across a|| areas of r|sk management to dr|ve we||-|nformed dec|s|on mak|ng R|sk Management Every Newmont off|ce and operat|on has a p|an, a tra|ned team and the necessary resources |n p|ace to respond to cr|ses. Th|s Rap|d Response system features common |anguage and c|ear accountab|||t|es to support an effect|ve and coord|nated response on the |oca|, reg|ona| and g|oba| |eve|. We a|so requ|re every team to test |ts p|ans through cr|s|s dr|||s on an annua| bas|s to make sure they are prepared to m|t|gate, contro| and recover from major |nc|dents. A more comp|ete ||st of our s|gn|f|cant r|sks can be found |n our !"#$ #"&' ()*+(,. 2013 Performance |eaders regu|ar|y rev|ew ex|st|ng and emerg|ng r|sks at the reg|ona|, funct|ona| and enterpr|se |eve|, as we|| as the|r assoc|ated m|t|gat|on p|ans. ln 2013, we e|evated our rank|ng for ore grade reconc|||at|on - or the gap between what we est|mate dur|ng exp|orat|on and what we m|ne dur|ng operat|on - and |aunched a program to |mprove our resource mode||ng standards and pract|ces to |ower that r|sk. We a|so downgraded r|sks re|ated to attract|ng and reta|n|ng a sk|||ed workforce |n keep|ng w|th a |ess compet|t|ve |abor market. F|na||y, we conducted an |nterna| aud|t of our ERM process |n 2013 to conf|rm appropr|ate ownersh|p of r|sks, and the accuracy and comp|eteness of our m|t|gat|on p|ans. Dur|ng the th|rd quarter of 2013, we assemb|ed a mu|t|-funct|ona| work|ng group to deve|op a comprehens|ve approach to country r|sk management, overseen by a steer|ng comm|ttee of Newmont execut|ves. The work|ng group`s object|ves were to create a structured and |ntegrated approach to understand|ng and manag|ng country r|sk; to c|ar|fy ro|es and respons|b|||t|es; and to deve|op processes to gu|de sound dec|s|on mak|ng. Key e|ements of the resu|t|ng country r|sk management program are: -)., /0,)(12,34) Future Focus The ERM process has evo|ved from a comp||ance-or|ented report|ng too| |nto a key source of bus|ness |nte|||gence. ln 2014, the ERM team w||| work to |ncrease the frequency w|th wh|ch |eaders and D|rectors rev|ew s|gn|f|cant r|sks and m|t|gat|on p|ans to support better dec|s|on mak|ng. 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We do th|s by: Measur|ng and mon|tor|ng the work env|ronment and our workforce to contro| occupat|ona| hea|th r|sks, |nc|ud|ng exposure to dust, chem|ca|s and no|se. Detect|ng and manag|ng cond|t|ons, such as fat|gue, that can |mpact safety and f|tness for work. We |nvest |n tra|n|ng to he|p emp|oyees spot the s|gns of fat|gue, and p||ot techno|og|es to mon|tor fat|gue before |t |eads to an acc|dent. Support|ng effect|ve management of d|seases that are preva|ent |n some of our operat|ng reg|ons, such as ma|ar|a. Newmont s|tes have c||n|cs that are staffed and equ|pped to prov|de treatment, but our pr|mary focus |s on prevent|on. Encourag|ng hea|thy ||festy|es through nutr|t|on and exerc|se, and by prov|d|ng we||ness |ncent|ves. Many of our s|tes have exerc|se fac|||t|es and some prov|de nutr|t|ona| |nformat|on |n the|r |unch rooms. Our .S. hea|th |nsurance p|an and some of our c||n|cs a|so cover d|agnost|c tests for b|ood pressure, cho|estero| and other hea|th |nd|cators. 2013 Performance ln 2013, Newmont`s occupat|ona| |||ness frequency rate dec||ned as compared to 2012 as |nc|dences of no|se-|nduced hear|ng |oss, ma|ar|a and muscu|oske|eta| d|sorders dec||ned. !""#$%&'()%* ,**)-.. /0-1#-)"2 3%&- (per 200,000 hours worked} Note: A rev|ew of our occupat|ona| |||nesses report|ng resu|ted |n restatements of prev|ous|y reported data. lmprovements to our data management process, |nc|ud|ng track|ng more re|evant occupat|ona| |||ness categor|es and e||m|nat|ng a category not re|ated to exposures |n the occupat|ona| workp|ace, resu|ted |n the restatement. Our occupat|ona| |||ness frequency rate tracks the fo||ow|ng |nc|dents: No|se-|nduced hear|ng |oss (> 25 db} Resp|ratory |||nesses (e.g., s|||cos|s, pneumocon|os|s, occupat|ona| asthma} Pathogen|c exposures (e.g., hepat|t|s, Hlv} Occupat|ona| |nfect|ons (e.g., occupat|ona| ma|ar|a, TB, dengue fever} Work-re|ated cancer Occupat|ona| sk|n d|sease (e.g., contact dermat|t|s} Muscu|oske|eta| d|sorders (e.g., carpa| tunne| syndrome, de Ouerva|n`s d|sorder, tendon|t|s} Other occupat|ona| d|seases lnformat|on on no|se-|nduced hear|ng |oss data at our Yanacocha operat|on |n Peru was not ava||ab|e at the t|me of th|s report and |s not |nc|uded |n the resu|ts. Occupat|ona| Hea|th A rev|ew of our report|ng mechan|sms for occupat|ona| |||nesses has resu|ted |n restatements of prev|ous|y-reported data. Th|s restatement |s the resu|t of a number of |mprovements to our overa|| data management process |nc|ud|ng track|ng for some new |||ness categor|es wh||e e||m|nat|ng a data category not re|ated to exposures |n the occupat|ona| workp|ace env|ronment. Our mon|tor|ng program now tracks |nc|dents of no|se-|nduced hear|ng |oss (> 25 db}; resp|ratory l||nesses (e.g. s|||cos|s, pneumocon|os|s, occupat|ona| asthma}; pathogen|c exposures (e.g. hepat|t|s, Hlv}; occupat|ona| |nfect|ons (e.g. occupat|ona| ma|ar|a, TB, dengue fever}; work re|ated cancer; occupat|ona| sk|n d|sease (e.g. contact dermat|t|s}; muscu|oske|eta| d|sorders (e.g. carpa| tunne| syndrome, de Ouerva|n`s d|sorder, tendon|t|s, who|e body v|brat|on syndrome}; and other occupat|ona| d|seases. P|ease note that we are st||| work|ng w|th a serv|ce prov|der to process and co||ate the no|se-|nduced hear|ng |oss data from our Yanacocha operat|on |n Peru. Th|s |nformat|on was not ava||ab|e at the t|me of th|s report. Our 2013 aud|t f|nd|ngs po|nted to some def|c|enc|es |n our occupat|ona| hea|th programs, and we are work|ng to address them by refresh|ng hea|th r|sk assessments and m|t|gat|on p|ans; |mprov|ng chem|ca| documentat|on; and strengthen|ng f|tness for duty programs. Future Focus Greater focus w||| be p|aced on gett|ng the fundamenta|s of our occupat|ona| hea|th and hyg|ene programs r|ght |n 2014. S|te teams w||| comp|ete or update hea|th r|sk assessments |n the f|rst part of the year, and |mp|ement p|ans to address the most preva|ent hea|th exposures |n the |atter part. Ohem|ca| management p|ans and med|ca| c||n|cs w||| a|so be assessed to ensure cons|stency |n report|ng, |eve|s of care and costs. F|tness for duty programs deve|oped |n 2013 w||| be |mp|emented |n 2014. Some e|ements - |nc|ud|ng pre-emp|oyment f|tness for duty assessments, hear|ng conservat|on and b|o|og|ca| mon|tor|ng programs - are a|ready |n p|ace. Oase Study - F|tness for Duty: Spot||ght on Fat|gue Fat|gue |s a ser|ous safety r|sk for m|n|ng operat|ons, affect|ng peop|e whether they operate heavy mob||e equ|pment or just dr|ve to and from work. Newmont`s Fat|gue R|sk Management Standard prov|des gu|dance on |dent|fy|ng and manag|ng fat|gue through: Prevent|on - Fat|gue management p|ans are deve|oped based on r|sk assessments that determ|ne how staff|ng |eve|s, sh|ft rosters and other factors affect emp|oyees` ab|||ty to get suff|c|ent rest. Educat|on - Emp|oyees are tra|ned to |dent|fy fat|gue and understand |ts assoc|ated r|sks and m|t|gat|on measures; some s|tes a|so make tra|n|ng ava||ab|e to fam||y and commun|ty members. Detect|on - Fat|gue |s mon|tored by peop|e as we|| as techno|ogy; we use fat|gue mon|tor|ng dev|ces to a|ert hau| truck dr|vers when they are gett|ng t|red and need to take a break. M|t|gat|on - Emp|oyees are empowered to rest when they are fat|gued, and encouraged to get the nutr|t|on and exerc|se they need to protect the|r safety and we||be|ng. Home / Hea|th and Safety / Oommun|ty Hea|th Approach We operate |n a number of countr|es where the preva|ence of Hlv/AlDS, ma|ar|a and other d|seases |s h|gh. Recogn|z|ng that we have ||m|ted expert|se on hea|th matters, we partner w|th g|oba| hea|th organ|zat|ons, externa| experts, NGOs and government agenc|es to |mprove commun|ty hea|th and access to hea|thcare. We a|so co||aborate w|th experts to conduct base||ne hea|th assessments that he|p us understand the needs and systems |n each of our host commun|t|es, and to mon|tor whether our commun|ty hea|th programs are work|ng. These programs focus on three key areas: Prevent|ng and contro|||ng commun|cab|e d|seases - We upho|d w|de|y acknow|edged pr|nc|p|es of prevent|on, non-d|scr|m|nat|on and support |n our Hlv/AlDS programs. We a|so partner w|th lnternat|ona| SOS - a g|oba| organ|zat|on w|th extens|ve exper|ence |n ma|ar|a prevent|on and treatment - to combat ma|ar|a |n lndones|a and Ghana. !"# %#&'#()* focus on educat|on, prevent|on and vector contro|. lmprov|ng nutr|t|on - We work w|th commun|t|es |n deve|op|ng reg|ons to reduce ma|nutr|t|on among ch||dren, women and other vu|nerab|e popu|at|ons; and to |mprove hea|th educat|on, part|cu|ar|y among ch||dren. ln Peru, we partner w|th the O||nton G|ustra Susta|nab|e Growth ln|t|at|ve and SAlD to reduce ma|nutr|t|on |n ch||dren, wh|ch has dec||ned by e|ght percentage po|nts s|nce the program was |mp|emented |n 2008. Enhanc|ng hea|thcare access and |nfrastructure - lmprov|ng access to qua||ty hea|thcare he|ps reduce |||ness and morta||ty rates. We support c||n|cs that perform med|ca| procedures such as cataract and c|eft pa|ate surger|es; sponsor hea|th screen|ngs and sem|nars; fund med|ca| equ|pment and supp||es; and |nvest |n hosp|ta|s, c||n|cs and hous|ng for careg|vers |n our host commun|t|es. 2013 Performance ln Ghana, the Newmont Ahafo Deve|opment Foundat|on partnered w|th NGO Breast Oare lnternat|ona| to prov|de free mammograms to more than 500 women and free v|s|on test|ng to hundreds more commun|ty members |n 2013 to commemorate the Foundat|on`s f|ve-year ann|versary. Work|ng w|th Project O..R.E., a .S.-based med|ca| a|d organ|zat|on, we a|so prov|ded more than $1.5 m||||on |n med|ca| supp||es and equ|pment to s|x hea|th centers near Ahafo. At Akyem, we partnered w|th the W|||amette va||ey Med|ca| Team and GhanaHope Foundat|on to prov|de free breast and cerv|ca| cancer screen|ng serv|ces for |oca| women, and made a number of upgrades to the |oca| hosp|ta|. ln Austra||a, we partnered w|th the Western Austra||a Asthma Foundat|on to host educat|ona| sem|nars to |mprove asthma management; and sponsored the W||una Abor|g|na| Med|ca| Serv|ce phys|otherapy program |n the Northern Terr|tory. ln lndones|a, we worked w|th |oca| bus|nesses and the government to deve|op and |mp|ement a week|y vo|untary hea|th surve|||ance program to mon|tor commun|cab|e d|seases, |nc|ud|ng Hlv/AlDS, ma|ar|a, dengue and men|ng|t|s. After co||ect|ng and ana|yz|ng data, we a|ert stakeho|ders to any potent|a| outbreaks and take steps to prevent them. Through th|s program, we d|agnosed Hlv cases |n our host commun|ty, promoted prevent|on among those who tested negat|ve, and he|ped those who tested pos|t|ve seek treatment and support. ln Peru, Yanacocha |aunched a program to tra|n teachers about hea|th ma|ntenance and d|sease prevent|on |n an effort to reduce chron|c ch||d ma|nutr|t|on, and funded a feas|b|||ty study to construct a new |nfect|ous d|sease |aboratory to serve the reg|ona| hosp|ta|. Oommun|ty Hea|th Future Focus We w||| cont|nue to adjust our commun|ty hea|th programs based on the resu|ts of hea|th assessments and what our stakeho|ders te|| us |s |mportant. We w||| cont|nue to contr|bute to better hea|thcare qua||ty and access through fund|ng, med|ca| equ|pment donat|ons, and vo|unteer|ng our t|me. ln 2014, we w||| work w|th Project O..R.E. to measure how donat|ons benef|t the med|ca| fac|||t|es that rece|ve them and the popu|at|ons they serve. Oase Study - F|ght|ng Ma|ar|a |n Ghana and lndones|a Remarkab|e progress has been made |n the f|ght aga|nst ma|ar|a, but erad|cat|on rema|ns e|us|ve. We have been partner|ng w|th +,-.#,(-/&,(0 1!1 to combat the d|sease at our operat|ons |n Ghana and lndones|a for e|ght and 16 years, respect|ve|y. Base||ne stud|es are conducted to determ|ne the most effect|ve |ntervent|on approach based on the preva|ent types of both the mosqu|to that carr|es the paras|te, and the paras|te that causes the d|sease. Stud|es |nform |ntegrated ma|ar|a contro| strateg|es that focus on: vector contro| - by e||m|nat|ng mosqu|to breed|ng s|tes; exterm|nat|ng |arvae through env|ronmenta||y fr|end|y methods; and spray|ng, d|str|but|ng bed nets and |nsta|||ng screens to protect peop|e lnformat|on, Oommun|cat|on and Educat|on (lEO} - to ra|se awareness of r|sks, symptoms, protect|ve measures, and access to d|agnos|s and treatment D|agnos|s and case management - through lnternat|ona| SOS c||n|cs that operate accord|ng to Wor|d Hea|th Organ|zat|on gu|de||nes Program mon|tor|ng, eva|uat|on and report|ng - wh|ch |nvo|ves |nvest|gat|ng each conf|rmed case, and mon|tor|ng the mosqu|to spec|es that caused |t as we|| as |ts response to |nsect|c|des Program resu|ts are prom|s|ng. lnternat|ona| SOS data shows that the |nc|dence of ma|ar|a |n lndones|an schoo| ch||dren dec||ned from 47 percent |n 1999 to 0.33 percent |n 2013. ln Ghana, the average month|y |nc|dence rate among the workforce dec||ned from e|ght percent |n 2006 to 1.1 percent |n 2012. Th|s rate |ncreased to 1.4 percent |n 2013, h|gh||ght|ng the need for constant v|g||ance and the |mportance of a commun|ty-w|de approach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ome / Peop|e / Workp|ace R|ghts Approach Our !"#$ "& !"'#()* gu|des our approach to protect|ng emp|oyees` r|ghts, ho|d|ng them accountab|e for comp|y|ng w|th |aws and regu|at|ons wherever we do bus|ness, and demonstrat|ng eth|ca| behav|or. Th|s Oode sets forth expectat|ons for a|| Newmont emp|oyees, off|cers and D|rectors, and for contractors, vendors and other bus|ness partners when they are engaged |n act|v|t|es on our beha|f. Our +*,-). /"0(*-"'. 1""0 a||ows peop|e to report Oode v|o|at|ons, as we|| as cases of d|scr|m|nat|on, harassment or other uneth|ca| pract|ces, w|thout fear of repr|sa|. Our Oode a|so genera||y a||gns w|th the 2'-*$# 34*-"'. 50"640 !"784)* and |ts pr|nc|p|es. Newmont |s an equa| opportun|ty emp|oyer. We recru|t, h|re, promote and compensate emp|oyees based on the|r qua||f|cat|ons for the job. We do not d|scr|m|nate on the bas|s of |ega||y protected categor|es |nc|ud|ng nat|ona| or|g|n, race, re||g|on, sex, sexua| or|entat|on, d|sab|||ty and age. We a|so comp|y w|th a|| |oca| |aws perta|n|ng to work hours and overt|me, and we do not engage |n, or condone, any form of ch||d, forced or compu|sory |abor. Just over ha|f of our workforce (54 percent} |s represented by a un|on, barga|n|ng un|t or workp|ace agreement. We respect our emp|oyees` r|ght to jo|n un|ons and engage |n co||ect|ve barga|n|ng w|thout |nterference or fear of reta||at|on, and we work to bu||d product|ve re|at|onsh|ps w|th our emp|oyees and the organ|zat|ons they choose to represent them. Wh||e Newmont |s comm|tted to prov|d|ng t|me|y d|sc|osure of mater|a| |nformat|on to a|| our emp|oyees, some of our workp|ace agreements |nc|ude spec|f|c t|meframes for not|fy|ng represented emp|oyees of s|gn|f|cant operat|ona| changes. At the end of 2013, s|x of our e|ght s|tes w|th co||ect|ve barga|n|ng agreements |nc|uded a m|n|mum not|ce per|od of four weeks for commun|cat|ng operat|ona| changes. The other two s|tes - Tanam| and Yanacocha - do not have m|n|mum not|ce per|od requ|rements. 2013 Performance We negot|ated new workp|ace agreements at our operat|ons |n Peru, lndones|a and Nevada |n 2013. Negot|at|ons were product|ve and the resu|t|ng agreements offered fa|r wages and benef|ts |n exchange for work pract|ces that he|p keep our bus|ness compet|t|ve. We a|so s|gned a memorandum of understand|ng w|th the un|on that represents our workforce |n Ghana regard|ng reduct|ons |n force and payout packages to affected emp|oyees. There were no str|kes or |ockouts |n 2013 that exceeded one week. The percentage of our workforce that |s un|on|zed or covered by a representat|ve body or workp|ace agreement |s shown be|ow: Oountr|es 2009 2010 2011 2012 9:;< Austra||a 69% 34% 15% 14% => Ghana 92% 79% 100% 100% ;::> lndones|a 98% 82% 82% 85% ??> New Zea|and 25% 25% 24% 27% 9?> Peru 23% 21% 19% 17% 9@> n|ted States 33% 32% 32% 32% <A> G|oba| tota| 60% 49% 48% 51% A@> Workp|ace R|ghts Forty-two gr|evances re|ated to human r|ghts were reported |n 2013. Of these, 20 were c|ass|f|ed as d|scr|m|nat|on |n the workforce and the other 22 re|ated to c|a|ms of harassment or bu||y|ng by co-workers. Newmont`s human resources group |nvest|gated and reso|ved each of these c|a|ms. Substant|ated c|a|ms resu|ted |n var|ous d|sc|p||nary act|ons |nc|ud|ng d|sm|ssa|. Oase Study - |abor Re|at|ons Approach Refreshed Newmont refreshed |ts |abor re|at|ons approach |n 2013 to |mprove cons|stency |n how we ba|ance the |nterests of represented emp|oyees w|th the |nterests of the bus|ness. We assess three key factors to determ|ne how we need to adapt to keep our bus|ness strong and our emp|oyees engaged: The externa| bus|ness env|ronment, |nc|ud|ng econom|c cond|t|ons and |abor markets; lnterna| bus|ness factors |nc|ud|ng po||c|es, work pract|ces and turnover rates; and The re|at|onsh|p between management and the represented workforce, wh|ch takes |nto account emp|oyee engagement |eve|s, gr|evances reso|ut|on and the effect|veness of our commun|cat|ons. We commun|cate the resu|ts of th|s assessment and where we see room for |mprovement. lmprovements are addressed through ongo|ng engagement and shape how we negot|ate new contracts. The u|t|mate goa| |s to evo|ve the co||ect|ve barga|n|ng exerc|se to one based on |mproved co||aborat|on. Home / Peop|e / G|oba| lnc|us|on and D|vers|ty Approach We be||eve our workforce shou|d ref|ect the d|vers|ty of the countr|es and commun|t|es where we operate. ln 2013, we |ntroduced a forma| G|oba| lnc|us|on and D|vers|ty strategy to acce|erate efforts to deve|op a more d|verse team and ta|ent p|pe||ne, and a more |nc|us|ve workp|ace. The strategy |s shaped by past exper|ence and |ead|ng pract|ce, and features broad |eadersh|p accountab|||ty. ln|t|a| strateg|c pr|or|t|es are to |ncrease fema|e and nat|ona| representat|on |n management; create a more |nc|us|ve workp|ace where a|| emp|oyees can contr|bute to the|r fu|| potent|a|; and estab||sh commun|ty partnersh|ps to deve|op a more d|verse ta|ent p|pe||ne. 2013 Performance ln 2013, we set a goa| to become an |ndustry |eader |n g|oba| |nc|us|on and d|vers|ty, and estab||shed targets to |ncrease fema|e and nat|ona| representat|on |n our |eadersh|p ranks. Pres|dent and Oh|ef Execut|ve Off|cer Gary Go|dberg appo|nted two women to h|s |eadersh|p team and Newmont`s execut|ve |eadersh|p team |s now made up of three women and s|x men. Of the Oompany`s 10 Board D|rectors, three are fema|e and one |s a Ghana|an nat|ona|. Newmont |s |n the top 20 percent of Fortune 500 compan|es for representat|on of women d|rectors. Twe|ve percent of sen|or management, and 11 percent of the ent|re workforce, |s fema|e. Newmont`s rank|ng |n the Human R|ghts Oampa|gn 2013 Best P|aces to Work Oorporate Equa||ty lndex rose from 15 |n 2012 to 60 out of a tota| score of 100. The Oompany`s equa| opportun|ty po||cy, equ|va|ency |n spousa| and partner benef|ts, and comm|tment to a g|oba|, susta|ned and accountab|e |nc|us|on and d|vers|ty effort contr|buted to the h|gher score. Oompany representat|ves a|so jo|ned other |ndustry and commun|ty groups to promote d|vers|ty and g|oba| |nc|us|on, |nc|ud|ng the Oonference Board Oounc|| on G|oba| D|vers|ty and lnc|us|on; the Wor|d Bank/lFO WlNvest OEO Roundtab|e; and the Oh|ef lnc|us|on Off|cer/Oh|ef D|vers|ty Off|cer Roundtab|e. We estab||shed a 'Women |n Newmont" group |n our Austra||a/New Zea|and reg|on to |ncrease fema|e representat|on |n operat|ng ro|es, and partnered w|th the Austra||an lnst|tute of Management to prov|de |eadersh|p tra|n|ng for women. Gender 2009 2010 2011 2012 !"#$ Ma|e 89% 89% 88% 88% %&' Fema|e 11% 11% 12% 12% ##' G|oba| lnc|us|on and D|vers|ty Fema|e Representat|on |n Management Ro|es 2009 2010 2011 2012 !"#$ Board of D|rectors 17% 17% 27% 27% $"' Execut|ve |eadersh|p team 0% 0% 0% 0% $$' Sen|or management 13% 14% 13% 13% #"' Management 13% 10% 11% 10% &' Note: ln 2012, th|s tab|e reported both Management and Front||ne Management |nformat|on. Th|s data shou|d have been reported as on|y one Management category. Th|s tab|e |nc|udes corrected percentages for the Management category |n 2012. Oompensat|on Trends Fema|e Emp|oyees Average Fema|e Sa|ary (S$} Average Ma|e Sa|ary (S$} Rat|o of Average Fema|e Sa|ary to Average Ma|e Sa|ary Sen|or management/execut|ve 18 $282,308 $274,643 1.03 Management 184 $89,634 $78,369 1.14 Non-management 711 $60,798 $69,377 0.88 Hour|y/non-exempt 719 $47,238 $32,684 1.45 Tota| 1,632 $60,518 $47,555 1.27 Future Focus Newmont understands that d|fferent cu|tures, |deas and perspect|ves foster greater creat|v|ty and |nnovat|on as we|| as |mproved dec|s|on mak|ng and emp|oyee engagement. To th|s end, future efforts w||| focus on: Deve|op|ng strateg|c partnersh|ps w|th organ|zat|ons to ensure we |ncrease the d|vers|ty of the ta|ent poo| from wh|ch we h|re and promote; lntegrat|ng |nc|us|on and d|vers|ty pr|nc|p|es and concepts |nto ex|st|ng |eadersh|p deve|opment programs; Deve|op|ng and dep|oy|ng cu|tura| competency and d|vers|ty awareness tra|n|ng programs; |aunch|ng Oompany-sponsored bus|ness resource groups that br|ng together emp|oyee groups to share know|edge and exper|ences to enhance profess|ona| growth; and ldent|fy|ng the v|ta| behav|ors necessary to create a more |nc|us|ve workp|ace. Oase Study - lnsp|r|ng Women ln 2013, Women |n M|n|ng .K. (WlM} |aunched |ts 100 G|oba| lnsp|rat|ona| Women |n M|n|ng Project to promote the bus|ness case for gender d|vers|ty, |nsp|re more women to jo|n m|n|ng, and honor those who have made a s|gn|f|cant contr|but|on. We were proud to have three Newmont emp|oyees nom|nated for th|s honor: Dr. E|a|ne Dorward-K|ng, Execut|ve v|ce Pres|dent, Susta|nab|||ty & Externa| Re|at|ons, was recogn|zed for her 25 years of |eadersh|p and management exper|ence |n deve|op|ng and |mp|ement|ng susta|nab|e deve|opment, safety, hea|th and env|ronment strateg|es |n the m|n|ng, chem|ca| and eng|neer|ng consu|t|ng |ndustr|es. Jod|e Gray, P|t Techn|c|an Superv|sor, Bodd|ngton M|ne, started |n m|n|ng when she was 17 years o|d and has worked |n a var|ety of d|fferent ro|es. ln 2013, Jod|e was recogn|zed as an Outstand|ng Techn|c|an/Tradesperson |n the Ohamber of M|nera|s and Energy of Western Austra||a`s Women |n Resources award program. ||sa M|rtsopou|os, Dump Truck Operator and Tra|ner |n Austra||a, made a career change from a trave| manager to dump truck dr|ver, and became a m|n|ng |ndustry advocate. Her pass|on |ed her to create Dump Truck D|scovery, a webs|te that |nforms and encourages peop|e to take up the profess|on. Home / Peop|e / Recru|tment and Retent|on Approach Newmont works to attract qua||f|ed and except|ona| |nd|v|dua|s to |ts workforce, and to reta|n those who contr|bute to the Oompany`s success through |ts Emp|oyee va|ue Propos|t|on (EvP}, wh|ch |nvo|ves: Strengthen|ng management and |eadersh|p sk|||s through measurement, eva|uat|on, coach|ng and mentor|ng programs; Oreat|ng career opportun|t|es to |nsp|re, mot|vate and cha||enge emp|oyees; De||ver|ng |ndustry |ead|ng performance |n safety, env|ronment and soc|a| respons|b|||ty; Prov|d|ng compet|t|ve pay and benef|ts a||gned to performance and |n support of |ong-term career and persona| goa|s; Oreat|ng a progress|ve workp|ace; and Prov|d|ng a hea|thy, peop|e-or|ented work env|ronment. Recru|t|ng efforts are a||gned w|th our bus|ness strategy and focus on how best to meet current and future bus|ness needs. Our preferences are to h|re |oca||y |n our !"#$ &"''()*$*+#; ensure job cand|dates represent d|verse backgrounds and |deas; |dent|fy |nternat|ona| ass|gnments for new and h|gh-potent|a| emp|oyees |n key ro|es; and proact|ve|y p|an for success|on to top ro|es. When h|r|ng outs|de of Newmont, we use a var|ety of reg|ona| and job-spec|f|c sources. Our un|vers|ty recru|tment program supports re|evant degree programs, and he|ps bu||d our entry-|eve| ta|ent poo|. We seek to offer compet|t|ve compensat|on everywhere we operate. Our programs are |oca||y structured and managed to ref|ect d|fferences |n cu|ture, emp|oyee preferences and statutory requ|rements. Oompensat|on |s d|rect|y ||nked to performance, and emp|oyees can earn s|gn|f|cant rewards based on |nd|v|dua| and Oompany performance. Benef|ts packages are des|gned to he|p emp|oyees max|m|ze the|r phys|ca|, f|nanc|a| and persona| hea|th and we||be|ng. Our packages vary by reg|on and ref|ect |oca| pract|ces and requ|rements, and emp|oyee needs. Benef|ts typ|ca||y |nc|ude hea|th and we|fare components such as med|ca|, ||fe and d|sab|||ty |nsurance coverage; ret|rement benef|ts; ho||days and pa|d t|me off; and recogn|t|on awards and deve|opment |nvestments. The range of benef|ts ava||ab|e a|so depends on each emp|oyee`s pos|t|on and years of serv|ce. Recru|tment and Retent|on 2013 Performance We stream||ned our operat|ng mode| |n 2013 to |mprove eff|c|ency and adapt to cha||eng|ng market cond|t|ons. Our new mode| features greater bus|ness accountab|||ty at the reg|ona| and s|te |eve|s and sh|fts our corporate focus to strategy and governance. Where reduct|ons |n force were ca||ed for, we fo||owed a not|f|cat|on process and treated peop|e fa|r|y and w|th respect, offer|ng severance packages and outp|acement ass|stance. At the end of 2013, Newmont`s g|oba| workforce was made up of more than 15,000 emp|oyees and 17,000 contractors, a 17 percent decrease compared to 2012. Our vo|untary turnover rate averaged 6.8 percent dur|ng the year. We conducted a g|oba| emp|oyee engagement survey for the th|rd consecut|ve year |n 2013. More than 12,700 emp|oyees responded, represent|ng a record response rate of 78 percent. The survey |nc|uded a new Manager Effect|veness |ndex, wh|ch a||owed emp|oyees to g|ve anonymous feedback on the|r managers` |eadersh|p sk|||s. Survey resu|ts show that Newmont emp|oyees rema|n very engaged, w|th engagement scores outperform|ng the extract|on |ndustry benchmark by doub|e d|g|ts. We a|so ach|eved h|gh scores |n the areas of safety, env|ronment and soc|a| respons|b|||ty. Oerta|nty about the Oompany`s strategy dec||ned |n 2013, h|gh||ght|ng room for |mprovement |n how we commun|cate both the Oompany`s refreshed strategy and emp|oyees` ro|e |n de||ver|ng |t. Managers w|th f|ve or more d|rect reports were a|so asked to create act|on p|ans for 2014, focus|ng on a few key opportun|t|es to |mprove engagement based on feedback from the|r teams. Tota| Workforce 2009 2010 2011 2012 ,-./ Emp|oyees 14,294 14,917 16,643 16,553 .01-23 Oontractors 15,161 16,990 21,312 21,939 .2130/ Tota| 29,455 31,907 37,955 38,492 /,1-,, Note: Emp|oyee and contractor numbers |nc|ude personne| from operat|ng s|tes on|y, not exp|orat|on or c|osure s|tes. Emp|oyees by Reg|on 2009 2010 2011 2012 ,-./ Austra||a 1,217 1,636 2,037 2,069 .13/- Ghana 1,675 1,766 2,217 2,514 ,145- lndones|a 4,190 4,056 4,117 4,334 /1650 New Zea|and 135 134 149 128 .,- Peru 3,053 3,375 3,792 2,864 ,1/3, n|ted States 4,024 3,950 4,331 4,644 41,6, Tota| 14,294 14,917 16,643 16,553 .01-23 Oontractors by Reg|on 2009 2010 2011 2012 ,-./ Austra||a 2,603 1,645 1,658 1,503 .1,25 Ghana 2,156 2,967 7,516 7,014 /1664 lndones|a 4,279 4,828 3,001 5,914 4123, New Zea|and 215 252 308 285 .3. Peru 4,979 6,468 7,576 5,059 01-62 n|ted States 929 830 1,253 1,978 .16// Tota| 15,161 16,990 21,312 21,753 .2130/ Fu||/Part-T|me Workforce 2009 2010 2011 2012 ,-./ Part t|me 49 45 92 70 2 Fu|| t|me 14,245 14,872 16,551 16,483 .01-2/ Reg|ona| Turnover (2013} Emp|oyee ln|t|ated 7"$89 Austra||a 11% ,,: Ghana 1% .0: lndones|a 10% .,: New Zea|and 6% 2: Peru 3% .2: n|ted States 7% .0: H|stor|c Turnover Rates Emp|oyee ln|t|ated Tota| ,-./ 2;53: .0;/-: 2012 6.14% 14.00% 2011 5.59% 8.05% 2010 3.86% 6.85% 2009 4% 10% Turnover by Age Group (2013} Tota| Number Percentage Tota| turnover by age group < 30 332 15.34% Tota| turnover by age group 30 to 50 1,546 13.92% Tota| turnover by age group > 50 538 22.05% Turnover by Gender 2009 2010 2011 2012 ,-./ Ma|es 1,041 776 1,073 2,023 .135. Fema|es 332 205 207 363 440 Turnover Rate by Gender 2009 2010 2011 2012 ,-./ Ma|es 8% 6% 7% 14% .0: Fema|es 21% 12% 10% 19% ,5: On average, we pay hour|y and non-exempt emp|oyees wages that are s|gn|f|cant|y h|gher than the m|n|mum wage |n the|r respect|ve country, part|cu|ar|y at our operat|ons |ocated |n rura| and deve|op|ng econom|es. 2013 Newmont Average Sa|ary Oompared to Oountry M|n|mum Wage Future Focus We w||| cont|nue our work to understand and address the needs of emp|oyees and eva|uate our emp|oyee va|ue propos|t|on to ensure that |t rema|ns compet|t|ve and resonates w|th emp|oyees. A key focus |n 2014 w||| be expand|ng our Manager Effect|veness survey to prov|de resu|ts to a broader aud|ence, and advanc|ng our efforts to deve|op act|on p|ans to enhance managers` |eadersh|p capab|||t|es. Oase Study - Ghana Repatr|at|on Program Newmont`s fastest grow|ng operat|ng reg|on |s |n Ghana - a country exper|enc|ng strong econom|c growth. Many Ghana|an c|t|zens study and work abroad. Newmont |aunched a repatr|at|on program |n 2012 to support Ghana|ans return|ng home to serve as mentors and |eaders, and to |ncrease nat|ona| representat|on on |ts reg|ona| |eadersh|p team. Oand|dates for the program are Ghana|an c|t|zens who have 10 years of work exper|ence and have worked abroad |n deve|oped countr|es for at |east seven years. The program |s des|gned to address some of the cha||enges repatr|ates face. A f|nanc|a| component offers a three-year br|dge to he|p trans|t|on from |nternat|ona| to Ghana|an compensat|on and benef|ts. Re|ocat|on ass|stance, tax preparat|on serv|ces, temporary hous|ng and transportat|on serv|ces a|so are offered to fac|||tate the trans|t|on. S|nce the program was |mp|emented, s|x |nd|v|dua|s have benef|ted from |t; of those, f|ve current|y serve as |eaders |n Newmont`s Ghana operat|ons. Home / Peop|e / Deve|opment and Ta|ent Management Approach The goa| of Newmont`s deve|opment and ta|ent management program |s to bu||d and ma|nta|n a h|gh-performance organ|zat|on that has the r|ght peop|e w|th the r|ght sk|||s to de||ver our bus|ness strategy. Our tra|n|ng programs g|ve our emp|oyees the sk|||s and know|edge they need to conduct the|r work |n a safe, respons|b|e and effect|ve manner. We prov|de techn|ca| tra|n|ng to peop|e |n h|gh|y spec|a||zed jobs and to those who requ|re new sk|||s. A|| bus|ness |eaders must a|so undertake annua| tra|n|ng on Newmont`s !"#$ "& !"'#()*. Our profess|ona| and |eadersh|p deve|opment programs are des|gned to he|p emp|oyees grow and deve|op the sk|||s needed for successfu| careers. For examp|e, we offer courses on deve|op|ng effect|ve manager sk|||s and key |eadersh|p behav|ors. Emp|oyees may a|so pursue externa| courses or be g|ven |nternat|ona| ass|gnments to further deve|op the|r sk|||s. Those who take on expatr|ate ro|es are a|so requ|red to transfer know|edge and sk|||s to the |oca| workforce. F|na||y, we support ongo|ng educat|on through apprent|cesh|ps, tu|t|on ass|stance, and scho|arsh|ps to un|vers|t|es and techn|ca| schoo|s. Performance Management connects emp|oyees and the|r work to bus|ness pr|or|t|es and strategy. Our program |s bu||t to a||gn |nd|v|dua| and co||ect|ve goa|s and c|ar|fy expectat|ons. Emp|oyees work w|th the|r managers to def|ne the|r goa|s, and managers conduct regu|ar conversat|ons and sem|-annua| performance rev|ews to rev|ew progress and address barr|ers. The program focuses on both behav|ors and outcomes, and resu|ts are used as the bas|s for mer|t-based compensat|on and to he|p |nform success|on p|ans. Our ta|ent management program |nc|udes strateg|c workforce p|ann|ng, success|on p|ann|ng and ta|ent assessment, a|ong w|th deve|opment programs. We have a strong track record of prepar|ng emp|oyees to take |arger ro|es w|th|n the Oompany through deve|opmenta| ass|gnments, tra|n|ng and coach|ng. 2013 Performance Of our tota| emp|oyee popu|at|on, 59 percent were e||g|b|e to part|c|pate |n our forma| performance rev|ew process and rece|ved a rev|ew |n 2013. We a|so |nvested more than $13 m||||on |n tra|n|ng and deve|opment programs. Our current |nternat|ona| ass|gnee popu|at|on cons|sts of 188 peop|e from 18 d|fferent home countr|es work|ng |n 13 countr|es. The major|ty are non-.S. nat|ona|s se|ected based on the|r techn|ca| sk|||s, cross-cu|tura| competenc|es, and comm|tment to transfer the|r know|edge and sk|||s to deve|op the |oca| workforce. Tra|n|ng and Deve|opment lnvestment 2009 2010 2011 2012 +,-. Tota| (S$M} $15.02 $13.70 $15.86 $15.89 /-.01, Tota| (hours} 925,396 816,838 799,223 1,179,573 -2,3,24,. Deve|opment and Ta|ent Management 2013 Average Hours of Tra|n|ng per Year, per Emp|oyee by Emp|oyee Oategory Future Focus ln 2014, we p|an to update our performance rev|ew process to reduce comp|ex|ty, |ncrease the connect|on between persona| object|ves and bus|ness resu|ts, and he|p dr|ve key |eadersh|p behav|ors. ln add|t|on, our |eadersh|p deve|opment programs w||| be rea||gned to our current bus|ness pr|or|t|es and enhanced to ensure ongo|ng app||cat|on of |eadersh|p sk|||s and behav|ors. Oase Study - Deve|op|ng |eaders at Yanacocha Yanacocha`s |EAD program prov|des current and future |eaders w|th the too|s and know|edge they need to be h|gh|y effect|ve |n the|r ro|es, focus|ng on: |ead|ng peop|e - max|m|z|ng |nd|v|dua| capab|||t|es and team performance |ead|ng the bus|ness - |ncreas|ng bus|ness acumen and use of f|nanc|a| metr|cs to manage the bus|ness |ead|ng change and cont|nuous |mprovement - deve|op|ng cr|t|ca| commun|cat|ons, p|ann|ng and change management sk|||s Persona| |eadersh|p deve|opment - |earn|ng about persona| |eadersh|p sty|e and preferences to be more effect|ve |EAD |s a program that comb|nes about 35 hours of c|assroom |nstruct|on w|th on-the-job tra|n|ng. Part of th|s tra|n|ng a|so |nvo|ves work|ng to strengthen re|at|onsh|ps w|th peers across the organ|zat|on, and deve|op|ng act|on p|ans to bu||d trust w|th co||eagues. Throughout 2013, more than 200 |nd|v|dua|s part|c|pated |n Yanacocha`s |EAD program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ome / Econom|c Deve|opment / Econom|c Oontr|but|ons Approach Newmont`s operat|ons contr|bute d|rect|y to the econom|es of the reg|ons |n wh|ch we operate through wages and benef|ts, taxes and roya|t|es, purchas|ng goods and serv|ces, and |nvest|ng |n commun|ty |n|t|at|ves. We a|so engage w|th governments and c|v|| soc|ety organ|zat|ons to combat corrupt|on and ensure that m|nera| revenues foster susta|nab|e growth through greater revenue transparency. Newmont |s act|ve|y |nvo|ved |n the Extract|ve lndustr|es Transparency ln|t|at|ve (ElTl}, a coa||t|on of governments, compan|es, |nvestors, c|v|| soc|ety groups and |nternat|ona| organ|zat|ons whose goa| |s to promote transparency regard|ng payments by resource compan|es to governments, as we|| as transparency on how governments a||ocate these revenues. ElTl supports |mproved governance that bu||ds accountab|||ty between governments and stakeho|ders. As an or|g|na| s|gnatory to the ElTl |n 2002 and a member of the ElTl Board s|nce 2009, we support the |n|t|at|ve`s |mp|ementat|on |n countr|es where we operate. Ourrent|y, Ghana and Peru are ElTl comp||ant countr|es and lndones|a |s a cand|date country. Austra||a |s undertak|ng an ElTl p||ot, and |n March 2014, the ElTl accepted the n|ted States as a cand|date country. 2013 Performance Newmont`s d|rect econom|c contr|but|ons tota|ed $8.94 b||||on |n 2013, |nc|ud|ng $519.2 m||||on |n taxes and $125.0 m||||on |n government roya|t|es. Econom|c Oontr|but|ons 2013 Taxes and Roya|t|es (|n m||||ons} Oountry Government Roya|t|es Taxes Tota| Percent of Tota| Austra||a $70.1 $(86.2} $(16.1} -2% Ghana $24.1 $103.9 $128.0 20% lndones|a $4.9 $10.4 $15.3 2% New Zea|and $1.7 $(4.6} $(2.8} 0% Peru $24.2 $330.4 $354.6 55% n|ted States - $165.2 $165.2 26% Tota| 2013 $125.0 $519.2 $644.2 100% Rebates and refunds from governments rece|ved |n 2013 were $99.13 m||||on. Th|s |nc|udes $60.9 m||||on |n Austra||a attr|butab|e to a d|ese| fue| rebate and $38.26 m||||on |n Ghana due to tax rebates re|ated to personne| |ncome and sa|es tax exempt|ons. 2013 Econom|c va|ue Generated (|n m||||ons} Oountry Revenues Austra||a $2,556 Ghana $957 lndones|a $523 New Zea|and $157 Peru $1,458 n|ted States $2,413 Tota| 2013 $8,064 2013 Econom|c va|ue D|str|buted (|n m||||ons} Oountry Operat|ng Oosts Emp|oyee Wages and Benef|ts Payments to Prov|ders of Oap|ta| Payments to Governments Oommun|ty lnvestments Tota| Austra||a $1,883.7 $462.6 $2.6 $(16.1} $1.6 $2,334.4 Ghana $539.0 $86.5 $0.2 $128.0 $8.8 $762.5 lndones|a $495.4 $131.3 $5.7 $15.3 $26.5 $674.1 New Zea|and $107.3 $11.0 - $(2.8} $0.5 $116.0 Peru $1,295.4 $227.8 - $354.6 $15.6 $1,893.3 n|ted States $1,399.3 $713.0 $882.8 $165.2 $3.7 $3,164.1 Tota| 2013 $5,720.07 $1,632.17 $891.33 $644.23 $56.68 $8,944.47 2013 Econom|c va|ue Reta|ned* (|n m||||ons} Oountry Tota| Austra||a $221.58 Ghana $194.51 lndones|a ($151.12} New Zea|and $40.99 Peru ($435.34} n|ted States ($751.08} Tota| 2013 ($880.47} * va|ue Reta|ned |s ca|cu|ated by subtract|ng our econom|c va|ue D|str|buted - operat|ng costs, emp|oyee wages and benef|ts, payments to prov|ders of cap|ta|, payments to governments and commun|ty |nvestments - from our econom|c va|ue Generated (|.e., revenues}. Future Focus Newmont |s work|ng to |mp|ement the lnternat|ona| Oounc|| on M|n|ng and Meta|s` Partnersh|p for Deve|opment too|k|t, wh|ch was deve|oped |n co||aborat|on w|th the n|ted Nat|ons Oonference on Trade and Deve|opment (NOTAD} and the Wor|d Bank Group. The too|k|t prov|des a common framework to measure our fu|| econom|c and soc|a| contr|but|on at a nat|ona| and |oca| |eve|, and to compare our contr|but|ons across d|fferent countr|es and compan|es. ln add|t|on, the too|k|t prov|des gu|dance on commun|cat|ng our f|nd|ngs through pub||sh|ng country case stud|es and host|ng workshops w|th stakeho|ders. The too|k|t focuses on the fo||ow|ng s|x areas where partnersh|ps between m|n|ng compan|es and stakeho|ders can enhance the contr|but|on and m|n|m|ze the negat|ve |mpacts: Poverty reduct|on 1. Econom|c deve|opment - revenue management 2. Econom|c deve|opment - reg|ona| deve|opment p|ann|ng 3. Econom|c deve|opment - |oca| content 4. Soc|a| |nvestment 5. D|spute reso|ut|on 6. Oase Study - New Metr|c Shows True Oost of Go|d M|n|ng ln 2013, Newmont worked to deve|op a metr|c that g|ves shareho|ders and other stakeho|ders greater v|s|b|||ty |nto the econom|cs of our go|d m|n|ng operat|ons. Deve|oped by Newmont and other members of the Wor|d Go|d Oounc|| (WGO} and announced |n June 2013, the new 'a||-|n susta|n|ng cash cost" (AlSO} metr|c |nc|udes a more comp|ete p|cture of the cost of produc|ng go|d over the m|ne ||fecyc|e. The AlSO metr|c |s a s|gn|f|cant change from the |ndustry`s prev|ous report|ng method. H|stor|ca||y, go|d compan|es reported on|y on costs app||cab|e to sa|es (OAS}, wh|ch |nc|uded m|n|ng, process|ng, se|||ng and roya|ty costs. The AlSO metr|c |nc|udes OAS p|us susta|n|ng cap|ta|, exp|orat|on and advanced projects, and genera| and adm|n|strat|ve costs. Newmont`s dec|s|on to report |ts AlSO on a quarter|y bas|s was dr|ven by |ts goa| to make |t eas|er for |nvestors - as we|| as governments, commun|t|es and other stakeho|ders - to understand the true marg|n and cash generated for every ounce of go|d produced. AlSO |nc|udes: Oosts app||cab|e to sa|es - a|| d|rect and |nd|rect costs re|ated to current go|d product|on |ncurred to execute on the current m|ne p|an Genera| and adm|n|strat|ve expenses - the cost of perform|ng adm|n|strat|ve funct|ons Exp|orat|on expenses - the cost of exp|or|ng for go|d and copper to ma|nta|n a susta|nab|e bus|ness Advanced projects, research and deve|opment - the cost of deve|op|ng organ|c growth projects Other expenses - soc|a| respons|b|||ty costs and other costs that do not affect future product|on Susta|n|ng cap|ta| - the cost |ncurred to ma|nta|n current operat|ons Rec|amat|on and remed|at|on - the cost of restor|ng d|sturbed |and after m|ne c|osure ln 2013, our AlSO attr|butab|e to Newmont was $1,105 per ounce of go|d, and the average go|d pr|ce for the year was $1,393. Wh||e we cannot contro| the go|d pr|ce, we can contro| many of our costs and eff|c|enc|es. 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C$:6)B /9$ )1#C$5 "4 .5";$(/7 967 5*7$) 45"# 7$,$) /" LKB A*/9 /"/6- 41)<*): 45"# [6)6("(96 *)(5$67*): /" #"5$ /96) TLM #*--*")= [6)6("(96 A67 6A65<$< 6 JKLM W17/6*)6C-$ +$,$-".#$)/ 8A65< C2 @$51R7 X6/*")6- W"(*$/2 "4 G*)*):B @$/5"-$1# 6)< ')$5:2 *) 5$(":)*/*") "4 /9$7$ $44"5/7= Home / Econom|c Deve|opment / Oapac|ty Bu||d|ng Approach We can serve as a cata|yst for capac|ty deve|opment, but we be||eve commun|t|es shou|d take the |ead |n |dent|fy|ng opportun|t|es and pr|or|t|z|ng the|r needs. We seek partnersh|p opportun|t|es w|th NGOs and |oca| government agenc|es to |end expert|se and create overs|ght mechan|sms to ensure programs effect|ve|y address |oca| deve|opment cha||enges and are susta|nab|e after Newmont`s operat|ons c|ose. Our capac|ty-bu||d|ng |n|t|at|ves fa|| |nto three categor|es: Oommun|ty-w|de empowerment to |mprove the capac|ty of the members, |oca| |nst|tut|ons and even nat|ona| |nst|tut|ons to manage deve|opment efforts; Educat|on and tra|n|ng to bu||d the necessary know|edge and sk|||s for jobs outs|de the m|n|ng sector; and Product|v|ty and earn|ng power programs to advance ||ve||hoods that are a|ready |n p|ace through |mprov|ng crop y|e|ds, expand|ng market ava||ab|||ty and reduc|ng post-harvest |osses. We often partner w|th or create foundat|ons to advance our capac|ty-bu||d|ng efforts. 2013 Performance We estab||shed the Newmont Ahafo Deve|opment Foundat|on (NADeF} |n 2008 to support |oca| commun|ty deve|opment projects. Newmont contr|butes $1 per ounce of go|d so|d and one percent of the net prof|t from |ts Ahafo operat|on to NADeF. ln 2013, we contr|buted approx|mate|y $4.6 m||||on to NADeF, br|ng|ng our tota| contr|but|on s|nce 2008 to near|y $17.5 m||||on. lnc|uded |n Newmont`s annua| contr|but|on |s a prov|s|on for the creat|on of an endowment fund, w|th an |ncreas|ng proport|on of the funds earmarked as endowment funds over the ||fe of the m|ne. NADeF was structured to ensure commun|ty ownersh|p and part|c|pat|on |n the foundat|on`s efforts. lts n|ne-member Board of Trustees |nc|udes f|ve commun|ty members and four Newmont representat|ves, and the act|v|t|es of the NADeF are dr|ven by the commun|t|es near the m|ne. Fund|ng supports the fo||ow|ng s|x areas of deve|opment: Human resources deve|opment (scho|arsh|ps and apprent|cesh|ps}; Econom|c empowerment (m|cro cred|ts, bus|ness start-ups}; lnfrastructura| deve|opment; Soc|a| amen|t|es; Ou|tura| her|tage and sports; and Protect|on of natura| resources. The Newmont Akyem Deve|opment Foundat|on (NAkDeF} has a s|m||ar structure to NADeF, and the se|ect|on of commun|ty Board members was approved |n 2013. NAkDeF`s framework |s expected to be f|na||zed |n ear|y 2014. Newmont`s Wa|h| operat|on |n New Zea|and funds a commun|ty |nvestment program that |dent|f|es three t|ers of projects - those we are ob||ged to de||ver, such as env|ronmenta| rehab|||tat|on; those that meet our goa| to |eave a susta|nab|e |egacy, such as capac|ty-bu||d|ng |n|t|at|ves; and requests for commun|ty donat|ons and sponsorsh|ps. We |nvested $2.1 m||||on |n commun|ty |n|t|at|ves across Austra||a and New Zea|and |n 2013. lnvestments focused on commun|ty capac|ty bu||d|ng, hea|th, farm|ng and agr|cu|ture, educat|on, and c|v|c and pub||c |nfrastructure |n|t|at|ves. ln 2013, Austra||a began |mp|ement|ng programs and procedures to address f|nd|ngs from an |nterna| rev|ew of |ts commun|ty |nvestment programs comp|eted |n 2011. The f|nd|ngs determ|ned that |nvestments were be|ng d|rected toward the areas of Oapac|ty Bu||d|ng greatest |mpact. However, many commun|ty members were unaware of the process to request fund|ng. ln lndones|a, our commun|ty deve|opment programs focus on f|ve areas: lmprov|ng commun|ty hea|th standards; lmprov|ng the qua||ty of pr|mary and secondary educat|on; lncreas|ng |ncome through job opportun|t|es and sk|||s deve|opment; Strengthen|ng the |oca| agr|cu|ture, mar|ne and tour|sm |ndustr|es; and Ma|nta|n|ng and preserv|ng cu|tura| her|tage. To he|p bu||d a more susta|nab|e economy |n Sumbawa, PTNNT estab||shed two foundat|ons. The O|at Par|g| Foundat|on (YOP}, wh|ch |s managed by commun|ty-e|ected members, prov|des support to those projects se|ected by the commun|ty. And the West Sumbawa Econom|c Deve|opment Foundat|on (YPESB} runs empowerment and capac|ty-bu||d|ng programs for sma|| and m|cro bus|nesses |n the area. ln 2013, PTNNT`s commun|ty deve|opment programs and foundat|on contr|but|ons tota|ed $26.5 m||||on. Our Nevada operat|ons created the Newmont |egacy Fund |n 2010 to prov|de a more strateg|c and |ong-term commun|ty |nvestment program. The fund |s a three-pronged program that |nc|udes an emp|oyee-g|v|ng campa|gn that |s matched do||ar-for-do||ar by Newmont; a commun|ty |nvestment program; and a commun|ty endowment fund, wh|ch w||| ass|st |n meet|ng future commun|ty needs. ln 2013, Nevada emp|oyees p|edged more than $1 m||||on to the Newmont |egacy Fund and Newmont p|ans to d|str|bute near|y $2.1 m||||on to non-prof|ts throughout northern Nevada |n 2014. ln 2004, Yanacocha estab||shed the Asoc|ac|on |os Andes de Oajamarca (A|AO} foundat|on to forge pub||c and pr|vate partnersh|ps that support susta|nab|e deve|opment |n the Oajamarca reg|on. A|AO |s focused on four strateg|c object|ves: equ|ty |n educat|on and hea|th; bus|ness capac|ty bu||d|ng; |nfrastructure deve|opment w|th an emphas|s on water management; and |nst|tut|ona| strengthen|ng. ln add|t|on to |nvest|ng |n !"#$%&'"'()* )% ,$!(-!(. /0)'$ *1*)'"* |n 2013, A|AO cont|nued programs to reduce chron|c ma|nutr|t|on |n ch||dren, |ower the schoo| dropout and grade repet|t|on rate, and strengthen human cap|ta| deve|opment through scho|arsh|ps and ||teracy programs. Yanacocha contr|buted more than $4.1 m||||on to A|AO |n 2013. Newmont |nvested a tota| of $56.7 m||||on g|oba||y |n 2013 to support a w|de range of commun|ty |n|t|at|ves. 2013 Reg|ona| Oommun|ty lnvestments (|n thousands} Tota| Oommun|ty lnvestment Tota| ln-K|nd Support Tota| Austra||a $1,427.02 $128.20 $1,555.21 New Zea|and $503.28 $4.54 $507.82 Ghana $8,041.70 $778.40 $8,820.11 lndones|a $26,519.30 - $26,519.30 n|ted States $3,678.45 $24.00 $3,702.45 Peru $15,546.72 $25.05 $15,571.77 Tota| 2013 $55,716.47 $960.18 $56,676.65 2%(')0$1 3%""4(!)1 5(&'*)"'()* 5(67!(, 3%""4(!)1 5(&'*)"'()* Future Focus ln 2014, an updated Oommun|ty lnvestment and Deve|opment standard |s expected to be f|na||zed and adopted. Th|s standard sets m|n|mum requ|rements for p|ann|ng, execut|on, mon|tor|ng and eva|uat|on of deve|opment act|v|t|es |n|t|ated or otherw|se part|c|pated |n by Newmont. The goa| |s to ensure that these deve|opment act|v|t|es equ|tab|y |mprove qua||ty of ||fe and a||gn w|th the Oompany`s pr|nc|p|es of transparency and shared va|ue. Oase Study - Scho|arsh|ps He|p Bu||d Br|ght Futures One of the most |mportant ways Newmont contr|butes to the econom|c strength and susta|nab|||ty of |ts host commun|t|es |s by prov|d|ng access to qua||ty educat|on. ln Oajamarca, Peru, the A|ternat|ve ||teracy and Bas|c Educat|on Project (PAEBA} - wh|ch |s funded by Yanacocha - seeks to |ncrease conf|dence, |nterest |n educat|on, c|v|c engagement, and |oca| econom|c growth by |mprov|ng ||teracy rates among teens and adu|ts. ln 2013, 870 peop|e over the age of 15 graduated from one of the program`s three |eve|s, and around 2,200 have graduated s|nce the program began three years ago. ln Ghana, the Newmont Ahafo Deve|opment Foundat|on (NADeF} awards scho|arsh|ps for cont|nu|ng educat|on to |oca| students pursu|ng a h|gh schoo| or un|vers|ty degree. The reg|on`s apprent|cesh|p program - a four-year sk|||s deve|opment program for mechan|ca| and e|ectr|ca| spec|a||sts - prov|des part|c|pants w|th pract|ca| work exper|ence and re|evant, marketab|e sk|||s. Graduates of the program often cont|nue as emp|oyees of Newmont, but a|so are ab|e to pursue opportun|t|es at other compan|es or start the|r own bus|nesses. S|nce the program`s |ncept|on |n 2005, around 460 peop|e have graduated from the program. ln 2013, Newmont`s Bodd|ngton m|ne |n Austra||a partnered w|th the Gnaa|a Kar|a Booja (GKB} nat|ve t|t|e c|a|mants and the South West Abor|g|na| |and and Sea Oounc|| to create the Ka|yagoo| Kadadj|ny Scho|arsh|p Program. The scho|arsh|p prov|des f|nanc|a| ass|stance to GKB, Noongar and Abor|g|na| Western Austra||ans who want to pursue cont|nuous |earn|ng opportun|t|es that are a||gned w|th Bodd|ngton`s bus|ness needs. Oourses |nc|ude stud|es |n human resources, geo|ogy, bus|ness, susta|nab|||ty, organ|zat|ona| deve|opment, eng|neer|ng and occupat|ona| safety and hea|th. Through the Wa|h| Go|d Educat|on Trust, Newmont has awarded more than $680,000 |n student scho|arsh|ps and f|nanc|a| support to |oca| commun|ty educat|on |n|t|at|ves and the Wa|h| Oo||ege |n New Zea|and. Newmont`s operat|ons |n rura| Nevada support educat|ona| and tra|n|ng opportun|t|es by fund|ng scho|arsh|ps to the Great Bas|n Oo||ege (GBO} M|ne Ma|ntenance Tra|n|ng Program. Part|c|pants |n the program comp|ete coursework at the commun|ty co||ege and work as pa|d |nterns at a |oca| m|ne. ln add|t|on, Newmont`s contr|but|ons to the GBO Foundat|on Endowment for New Programs he|p GBO create new academ|c and tra|n|ng programs to meet the evo|v|ng needs of the |oca| economy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ome / Oommun|ty Re|at|onsh|ps / Oommun|ty Engagement Approach Our work to bu||d re|at|onsh|ps and ma|nta|n trust w|th commun|t|es near our operat|ons beg|ns |n the ear|y exp|orat|on stage of the m|ne ||fecyc|e and cont|nues through m|ne c|osure. Because our f|rst contact w|th the commun|ty often occurs dur|ng exp|orat|on, we deve|oped our !"#$%&'()%* ,-)./0%%1 |n 2012 to he|p our exp|orat|on teams effect|ve|y manage env|ronmenta| and soc|a| matters, commun|cate our v|s|on and va|ues, and estab||sh pos|t|ve re|at|onsh|ps w|th the commun|ty. The bas|s for deve|op|ng and ma|nta|n|ng construct|ve, |ong-term re|at|onsh|ps and m|n|m|z|ng potent|a| r|sks to the bus|ness |s our Stakeho|der and Re|at|onsh|ps Management Standards. These standards estab||sh the requ|rements for p|ann|ng, |mp|ement|ng, and mon|tor|ng stakeho|der engagement pract|ces at each s|te. Oommun|ty Engagement Our re|at|onsh|ps w|th host commun|t|es cont|nue to evo|ve under the |essons and gu|dance of the 2%33-*)(4 5/$'()%*67)#6 5/8)/9 :255;, an |ndependent g|oba| assessment of Newmont`s re|at|onsh|ps w|th host commun|t|es. The rev|ew, wh|ch was |n|t|ated |n 2007 by a shareho|der reso|ut|on and supported by Newmont`s Board of D|rectors, was pub||shed |n 2009. Th|s report was the f|rst of |ts k|nd by a m|n|ng company because |t offered deta||ed, transparent and honest feedback from commun|ty stakeho|ders. More than 250 |oca| stakeho|ders and 100 Newmont emp|oyees were |nterv|ewed. Our prev|ous po||c|es, procedures and tra|n|ng programs were assessed |n deta|| by an |ndependent adv|sory board. We have s|nce |mp|emented a range of programs |nformed by the ORR recommendat|ons, and reported our progress |n each ensu|ng year w|th Board engagement. ln 2013, we cont|nued to address the recommended |mprovements, ensure accountab|||ty for susta|n|ng performance, and better |ntegrate the |essons |earned |nto our strateg|c and bus|ness p|ann|ng processes. Th|s |s the f|rst susta|nab|||ty report |n wh|ch we are |ncorporat|ng our ORR progress |nto our regu|ar report|ng processes. Wh||e we w||| a|ways |ook to |mprove our commun|ty re|at|ons capac|ty, pract|ces and management systems, our goa| |s to sh|ft our focus from address|ng def|c|enc|es to |ntegrat|ng wor|d-c|ass commun|ty re|at|ons pract|ces |nto our ongo|ng bus|ness strategy. 2013 Performance The ORR |dent|f|ed severa| avenues to |mprove re|at|onsh|ps w|th commun|t|es surround|ng our operat|ons. Our current efforts are focused on |mprov|ng four key areas - commun|ty re|at|ons capab|||t|es; performance standards; |ntegrated soc|a| performance assessments; and comp|a|nts and gr|evance management. The organ|zat|ona| structure of our Env|ronment and Soc|a| Respons|b|||ty department underwent a comp|ete rebu||d dur|ng 2013, |n part to strengthen our soc|a| respons|b|||ty approach. Through th|s effort, we eva|uated our capab|||t|es, processes and |nterfaces, as we|| as our a||gnment across reg|ons and funct|ons. The resu|t|ng Susta|nab|||ty & Externa| Re|at|ons (S&ER} department now encompasses env|ronment, soc|a| respons|b|||ty, externa| re|at|ons and government re|at|ons. We a|so estab||shed a requ|rement for each of our operat|ng reg|ons to have adequate representat|on of these funct|ona| areas w|th|n the reg|ona| |eadersh|p team. The respons|b|||ty for performance now res|des w|th s|te genera| managers. The restructured S&ER department undertook a comp|ete rev|ew of |ts performance standards dur|ng the year to |mprove understand|ng and |mp|ementat|on, and |ncorporate s|te exper|ence over the past two years. As a resu|t, prev|ous standards were comb|ned, s|mp||f|ed and/or de|eted, reduc|ng the number from 22 to 12, and three new standards were added to manage the fu|| spectrum of r|sks. The rev|sed standards w||| be f|na||zed |n 2014. To mon|tor the effect|veness of our soc|a| performance and a||gnment w|th our soc|a| respons|b|||ty standards, we |mp|emented a soc|a| assessment protoco|. The protoco| |nc|udes mechan|sms to eva|uate commun|ty percept|ons and |dent|fy and track correct|ve act|ons. ln add|t|on to the s|x assessments comp|eted |n 2012 (Bodd|ngton, Jundee and Tanam| |n Austra||a; Wa|h| |n New Zea|and; Batu H|jau |n lndones|a; and Yanacocha |n Peru}, Ahafo and Akyem |n Ghana comp|eted soc|a| assessments |n 2013. ln 2014, the protoco| w||| be embedded as part of our forma| env|ronmenta| and soc|a| aud|t|ng program. Oomp|a|nts and gr|evances management was |dent|f|ed |n the ORR as a key area for |mprovement and we conducted rev|ews of each s|te`s gr|evance mechan|sm and ab|||ty to measure performance. Fo||ow|ng th|s rev|ew, we deve|oped gu|dance mater|a|s to he|p reg|ons deve|op and |mp|ement robust gr|evance mechan|sms. A comp|a|nt report|ng form and track|ng reg|ster he|ped |mprove management and report|ng by track|ng a number of stat|st|cs |nc|ud|ng the number of comp|a|nts, reso|ut|on of comp|a|nts, and esca|at|on of comp|a|nts to externa| med|at|on and/or the jud|c|a| system. ln 2012, we comm|ss|oned a wh|te paper by RESO|vE, an |ndependent pub||c po||cy organ|zat|on, to prov|de counse| |n deve|op|ng an effect|ve mode| for commun|ty adv|sory pane|s, |nc|ud|ng mandates and ro|es, areas of focus, ground ru|es and other e|ements. Reg|ona| h|gh||ghts for 2013 are as fo||ows: ln Ghana, we sponsor Soc|a| Respons|b|||ty Forums for commun|ty representat|ves to prov|de d|rect|on on pr|nc|p|es of engagement; |oca| emp|oyment; comp|a|nts and gr|evance management; |and access; and c|osure and rec|amat|on |ssues. ln 2013, four Forum meet|ngs were he|d throughout the year a|ong w|th a number of Oommun|ty Oonsu|tat|ve, Orop Rate Negot|at|on and Resett|ement Negot|at|on Oomm|ttee meet|ngs. ln add|t|on, a pub||c meet|ng was he|d on the proposed Ahafo M||| Expans|on project. Operat|ona| |eaders |n Austra||a, New Zea|and and lndones|a deve|oped a framework that |ntegrates soc|a| respons|b|||ty |nto the bus|ness p|ann|ng process and estab||shes spec|f|c targets through an annua| cross-funct|ona| workshop. Th|s framework |ed to the deve|opment of a robust property po||cy at Wa|h| that was created |n conjunct|on w|th commun|ty members, and |s overseen by an |ndependent rev|ew pane|. ln 2013, Newmont and the commun|t|es of Wendover and West Wendover, wh|ch are |ocated near |ts |ong Oanyon project |n Nevada, reached an agreement re|ated to water r|ghts, new water |nfrastructure projects and commun|ty contr|but|ons. We appo|nted new |eaders |n Peru |n October 2012, who were charged w|th tak|ng a fresh approach to bu||d|ng soc|a| acceptance for ex|st|ng operat|ons and deve|opment projects, |nc|ud|ng the Oonga m|ne. Ear|y |n 2013, the new |eadersh|p team moved |ts off|ces from ||ma to Oajamarca where affected commun|t|es ||ve, pub||c|y comm|tted to address|ng commun|ty |ssues cross-funct|ona||y, and out||ned )*)()'$ )3#&%8/3/*(6 |nc|ud|ng cu|tura| awareness tra|n|ng, estab||sh|ng a commun|ty adv|sory comm|ttee, and more regu|ar, re|evant and respons|ve commun|cat|ons. ln 2013, Yanacocha conducted a number of focus groups to soc|a||ze proposa|s re|ated to the Oonga project and rece|ve |nput and feedback. ln add|t|on, the Secur|ty/Oommun|ty lntegrat|on Program (SOlP} he|d e|ght commun|ty soc|a| gather|ngs that brought together commun|ty members and Yanacocha secur|ty personne| |n an effort to bu||d trust and re|at|onsh|ps and prov|de an opportun|ty for members to engage w|th the Yanacocha team. ln Sur|name, we conducted an |ndependent rev|ew to eva|uate the ex|st|ng re|at|onsh|p between the Oompany and the commun|ty near our Mer|an project. Based on the f|nd|ngs, we deve|oped an act|on p|an for commun|ty engagement and executed on the rev|ew`s recommendat|ons, wh|ch resu|ted |n successfu||y s|gn|ng a 3/3%&'*.-3 %< -*./&6('*.)*= :>?@; w|th the Pamaka tr|be. Oomp|a|nts or Gr|evances Recorded on S|te Reg|sters |n 2013 Number Reso|ved w|th|n 30 Days Austra||a/New Zea|and 928 98% Ghana 985 87% lndones|a N/A Not forma||y tracked Nevada 19 72% Peru 757 76% S|tes reg|stered a tota| of 2,689 comp|a|nts |n 2013; 87 percent of a|| comp|a|nts were reso|ved w|th|n 30 days and 94 percent of comp|a|nts |n the fourth quarter of 2013 were reso|ved w|th|n 30 days. E|ght of 14 (57 percent} s|tes report|ng comp|a|nts and gr|evances are ach|ev|ng the proposed 80 percent reso|ut|on target to reso|ve w|th|n 30 days. More than ha|f of the comp|a|nts and gr|evances rece|ved were soc|a| matters pr|mar||y re|ated to vendor and property compensat|on, emp|oyment and |and access. Oomp|a|nts and gr|evances regard|ng env|ronmenta| matters were pr|mar||y re|ated to v|brat|ons from b|asts, no|se and other concerns. Future Focus ln 2013, we stream||ned our soc|a| respons|b|||ty standards, |ncorporat|ng them |nto a s|ng|e Stakeho|der and Re|at|onsh|ps Management Standard. We p|an to |mp|ement th|s standard across a|| s|tes |n 2014 and beg|n to measure our performance aga|nst |ts requ|rements. Oase Study - ||sten|ng Study He|ps Rebu||d Re|at|onsh|ps |n Peru To better understand the reasons beh|nd the pub||c`s negat|ve percept|on of Yanacocha and the Oonga project, |n ear|y 2012 Yanacocha engaged the n|vers|ty of Oueens|and`s Oentre for Soc|a| Respons|b|||ty |n M|n|ng (OSRM} to undertake a thorough, |ndependent assessment of commun|ty percept|ons. The f|nd|ngs from th|s ||sten|ng Study |nc|uded the percept|ons that: The company`s operat|ons and commun|ty engagement created econom|c |nequa||t|es and a negat|ve emot|ona| |egacy; Yanacocha d|d not effect|ve|y ||sten to the commun|ty; Structura| and system|c factors w|th|n the organ|zat|on comprom|sed Yanacocha`s ab|||ty to bu||d and ma|nta|n re|at|onsh|ps; There was a |ack of c|ar|ty around Yanacocha`s deve|opment agenda; The suspens|on of the Oonga project was ||nked to Yanacocha`s |egacy; H|stor|ca| events, such as the protests |n the ear|y 2000s over Yanacocha`s Oerro Ou|||sh project, cont|nue to |mpact re|at|onsh|ps w|th the commun|ty; and The company`s approach seemed to be more short term to obta|n perm|ts and ||cense to operate than |ong term |n support of susta|nab|e deve|opment. Recogn|z|ng the need to re-estab||sh the re|at|onsh|p w|th the commun|ty and earn the soc|a| ||cense to operate, |n 2013 Yanacocha |mp|emented |ts Rega|n|ng Soc|a| |eg|t|macy program. The four p|||ars of the program |nc|ude: Respect for Oajamarca - Soc|a| respons|b|||ty awareness tra|n|ng w|th emp|oyees and contractors and more face-to-face commun|ty engagement w|th urban and rura| stakeho|ders to |mprove commun|ty percept|ons of Yanacocha workers. Transparency and Ored|b|||ty - lncreased commun|cat|ons and engagement about m|ne p|ans, po||c|es, emp|oyment, soc|a| programs and other act|v|t|es to |mprove the company`s reputat|on at the nat|ona| and |oca| |eve|. ln the 2013 Merco/Datum lnternat|ona| Rank|ng of the most respons|b|e compan|es |n Peru, Yanacocha moved from 12th |n 2012 to s|xth |n 2013. Partner for the Deve|opment of Oajamarca - Educat|ng |oca| vendors about the company`s b|dd|ng process and deve|op|ng a capac|ty- bu||d|ng program to tra|n |oca| contractors |n subm|tt|ng successfu| b|ds. As a resu|t of these efforts, the number of Oajamarqu|no compan|es |nv|ted to b|d |ncreased 87 percent, and the amount of contracts |oca||y awarded |ncreased from $3.4 m||||on |n 2012 to $7.6 m||||on |n 2013. Respons|b|e Actor for Water and Env|ronment - ln a||gnment w|th Yanacocha`s 'water f|rst" approach to deve|op|ng |ts Oonga project, bu||d|ng the Oha||huagon reservo|r and severa| water |nfrastructure projects to |mprove water qua||ty and supp|y re||ab|||ty. Home / Oommun|ty Re|at|onsh|ps / Oommun|ty Assessments Approach The framework we use to perform commun|ty assessments |nc|udes: Soc|a| base||ne stud|es - Oomprehens|ve soc|a| base||ne stud|es are often conducted |ong before operat|ons beg|n. They |nvo|ve desktop stud|es, surveys and stakeho|der meet|ngs. The co||ected data prov|des |ns|ght |nto demograph|c character|st|cs, soc|o-cu|tura| |nst|tut|ons and the state of |nfrastructure and |nst|tut|ona| capac|ty. Soc|a| |mpact assessments - Soc|a| |mpact assessments (SlAs} he|p us understand the potent|a| |mpacts of our act|v|t|es on a commun|ty and deve|op effect|ve m|t|gat|on approaches to m|n|m|ze the negat|ve and max|m|ze the pos|t|ve. The assessments |nc|ude extens|ve engagement w|th |oca| stakeho|ders to |dent|fy opportun|t|es for soc|o-econom|c deve|opment and |mprove the |ong-term out|ook for the commun|ty. Our soc|a| respons|b|||ty standard requ|res each Newmont operat|on to undertake an SlA every f|ve years or when there |s a s|gn|f|cant change |n operat|ng cond|t|ons. Oommun|ty needs assessments - Oommun|ty needs assessments |nvo|ve ask|ng commun|ty members and |eaders for the|r op|n|ons of the current serv|ces ava||ab|e w|th|n the commun|ty and what serv|ces are needed. The assessments are a|so used to |dent|fy opportun|t|es to create or bu||d the capac|ty of commun|ty-based organ|zat|ons, |nc|ud|ng estab||sh|ng and support|ng |oca| foundat|ons or form|ng partnersh|ps w|th NGOs or other organ|zat|ons that have spec|f|c deve|opment expert|se. lt |s v|ta| that the commun|ty supports and act|ve|y part|c|pates |n these efforts. Most of these assessments are conducted us|ng |nterna| experts dur|ng the ear|y stages of our presence |n a commun|ty, and by |ndependent experts |n |ater stages. 2013 Performance As of December 31, 2013, 64 percent of our s|tes and projects had a soc|a| |mpact assessment |n p|ace, w|th 100 percent of those conducted w|th|n the |ast f|ve years. Oommun|ty Assessments Project/Operat|on SlA pdated |n |ast F|ve Years Oommun|ty Needs Assessment |n P|ace Other Assessments !"#$%&'(&) Bodd|ngton Yes No No Jundee Yes Yes Yes - 50 percent of the W||una Abor|g|na| popu|at|on (100 peop|e} KOGM Yes Yes Yes - Stakeho|der Percept|on Survey undertaken |n October 2013 Tanam| Yes (f|na||zed |n 2014} Yes No *+&,&) Ahafo Yes Yes Yes - Externa| Stakeho|der Percept|on Survey Akyem Yes Yes Yes - Akyem Aman|e Readersh|p survey; ||ve||hood Enhancement and Oommun|ty Deve|opment Programme (|EODEP} effect|veness study -,./,0#(&) Batu H|jau Yes Yes No 102 40&'&,.) Wa|h| Yes Yes Yes - Res|dents who took part |n the Hea|thy Homes Project were surveyed to assess the effect|veness of the |nsu|at|on project 50%") Yanacocha Yes No Yes - Oonducted a survey on |nex|stence of archeo|og|ca| s|tes 6"%(,&70) Mer|an Yes No 8,($0. 6$&$0#) Nevada Tw|n Oreeks/W|nnemucca and Oar||n do not have SlAs |n p|ace. Reg|on |s exp|or|ng opt|ons to conduct reg|ona| SlA No Yes - Through research partnersh|p w|th n|vers|ty of Nevada-Reno and Dr. G|enn M|||er conducted survey of Western Shoshone members, commun|ty |eaders |ong Oanyon project Yes No No Reg|ona| h|gh||ghts for 2013 are as fo||ows: At our Afr|ca operat|ons, soc|a|/commun|ty/human r|ghts assessments are rout|ne|y conducted and |ncorporated |nto other d|sc|p||ne- spec|f|c aud|ts and eva|uat|ons. These |nc|ude the Akoben aud|t, the lnternat|ona| F|nance Oorporat|on`s (lFO} Externa| Oomp||ance Mon|tor|ng Group (EOMG} Env|ronmenta|, Hea|th and Safety Aud|t, and the lFO`s Soc|a| Performance Assessment (SPA}. An SPA at Akyem and Ahafo was conducted |n 2013 by the n|vers|ty of Oueens|and`s Oentre for Soc|a| Respons|b|||ty |n M|n|ng. The Bureau of lntegrated Rura| Deve|opment (KNST} a|so conducted a Soc|a| Percept|on Survey, and dur|ng the year Ahafo`s base||ne hea|th assessment was updated. We comm|ss|oned a th|rd party, JKTech Pty |td, to conduct the SlA for our Go|den ||nk Project |n Wa|h|, New Zea|and, and a f|na| report was |ssued |n 2013. The study |nc|uded a research and ||terature rev|ew; stakeho|der mapp|ng, consu|tat|on and engagement; a workforce survey; and data and ana|ys|s report|ng. We p|an to deve|op an act|on p|an based on the f|nd|ngs |n 2014. For the Oorrenso Effected Project Area |n Wa|h|, we |n|t|ated a #/9(&' (7:&9$ 7&,&;070,$ :'&, |n |ate 2013 and expect to conc|ude the project |n ear|y 2014. At Tanam|, we conducted an SlA to ensure our efforts and soc|a| programs were a||gned w|th the appropr|ate stakeho|ders and the|r expectat|ons. We expect the SlA to be f|na||zed |n ear|y 2014. ln 2013, Newmont f|na||zed the econom|c |mpact assessment for the |ong Oanyon project, wh|ch |s |ocated between West Wendover and We||s, Nevada. Throughout the year, Newmont worked w|th the .S. Bureau of |and Management (B|M} on the project`s env|ronmenta| |mpact assessment (ElA}. A .%&<$ =-! |s expected |n ear|y 2014. ln Sur|name, Newmont comm|ss|oned Env|ronmenta| Resources Management (ERM} to undertake an env|ronmenta| and soc|a| |mpact assessment (ESlA} |n 2011, |n accordance w|th Sur|name government gu|de||nes. The assessment |dent|f|ed potent|a| env|ronmenta|, soc|a| and hea|th |mpacts assoc|ated w|th deve|op|ng the Oompany`s Mer|an project and descr|bed proposed m|t|gat|on measures. |oca| commun|t|es, government agenc|es, trad|t|ona| author|t|es and NGOs were consu|ted and pub||c meet|ngs were he|d to d|scuss f|nd|ngs, so||c|t feedback and |ncorporate recommendat|ons. The f|na| draft was subm|tted to the government |n February 2013 and approved |n December 2013. Future Focus We w||| cont|nue work|ng to enhance our commun|ty assessment pract|ces to bu||d a stronger understand|ng of commun|t|es where we work and respond to concerns |n a cu|tura||y |nformed manner. Our commun|ty assessments w||| |nform and be part of our evo|v|ng country r|sk management framework. Oase Study - Wa|h| Engages Oommun|ty on Proposed M|ne Expans|on Newmont`s m|ne |n Wa|h|, New Zea|and, dates back to the d|scovery of go|d |n the 1800s. Wh||e the or|g|na| m|ne c|osed |n 1952, the |ncrease |n go|d pr|ces |n the |ate 1970s sparked new exp|orat|on and prospect|ng act|v|ty |n and around Wa|h|. Today, the Wa|h| commun|ty (popu|at|on of around 5,000} and Newmont`s m|n|ng operat|ons co-ex|st - the Martha open p|t operat|on |s surrounded by the town w|th the Favona and Tr|o underground operat|ons accessed through the Favona porta| on the town`s outsk|rts. W|th current operat|ons near|ng the end of the m|ne ||fe, Newmont`s near-m|ne exp|orat|on act|v|t|es |dent|f|ed the Oorrenso ore body, wh|ch wou|d a||ow m|n|ng act|v|t|es to cont|nue |n Wa|h|. Wh||e at s|gn|f|cant depths be|ow the surface (between 130 and 350 meters}, parts of the Oorrenso depos|t ||e be|ow ex|st|ng homes. ln add|t|on to extens|ve stud|es to better understand the v|brat|on, |and stab|||ty and sett|ement |mpacts of the proposed underground m|ne, Newmont conducted a robust stakeho|der engagement program seek|ng feedback and |nput. The resu|t of the engagement efforts was the deve|opment of a property and commun|ty |nvestment po||cy (POlP}, a vo|untary program des|gned to protect property va|ues, prov|de a framework for compensat|on to property damage and |nvest |n commun|ty |mprovements. ln 2013, Newmont rece|ved approva| to construct the Oorrenso m|ne. Th|s |s the f|rst t|me a m|ne under res|dent|a| propert|es has been perm|tted |n New Zea|and. As part of Newmont`s comm|tment to str|ct consent cond|t|ons, m|ne p|ans are posted on||ne at the beg|nn|ng of each month a|ong w|th rea|-t|me |nformat|on about v|brat|on events above Oorrenso. These |n|t|at|ves are |n add|t|on to the current b|ast not|f|cat|on program that prov|des res|dents da||y updates of upcom|ng b|ast t|mes by text, ema||, phone or on||ne. Home / Oommun|ty Re|at|onsh|ps / lnd|genous and Tr|ba| Oommun|t|es Approach Newmont |s comm|tted to ensur|ng our presence and act|v|t|es respect the r|ghts of lnd|genous Peop|es and create a net benef|t |n the|r commun|t|es. ln Austra||a, we have operat|ons near lnd|genous commun|t|es, and we are gu|ded by the framework we deve|oped |n 2011 to bu||d re|at|onsh|ps based on trust and to address the commun|t|es` cu|tura|, soc|a|, econom|c and her|tage needs. Newmont |s a found|ng s|gnatory and f|nanc|a| sponsor to three Austra||an reg|ona| partnersh|p agreements (RPAs}: the South West Emp|oyment and Enterpr|se Deve|opment Agreement (EEDA} w|th the Gnaa|a Kar|a Booja c|a|mants; the Tanam| agreement w|th the War|p|r| peop|e; and the RPA at W||una w|th the Martu peop|e. The RPAs comm|t |ndustry, the Austra||an federa| government, state governments and trad|t|ona| owners to promote econom|c deve|opment opportun|t|es for Abor|g|na| commun|t|es. nder these agreements, Newmont comm|ts to cu|tura| her|tage management, emp|oyment, educat|on, tra|n|ng, bus|ness deve|opment and capac|ty bu||d|ng. ln Sur|name, where Surgo|d (wh|ch |s managed by Newmont} |s deve|op|ng the Mer|an project, we engage extens|ve|y w|th the Pamaka Maroon Tr|be of the Marow|jne R|ver. 2013 Performance ln add|t|on to forma||z|ng the memorandum of understand|ng w|th the Martu peop|e, workshops re|ated to lnd|genous emp|oyment and educat|on were he|d |n 2013 |n Perth and Kw|nana. The workshops were focused on the Gnaa|a Kar|a Booja Emp|oyment and Econom|c Agreement at Bodd|ngton. We p|an to ho|d two more workshops |n Bunbury and Narrog|n |n 2014. ln August 2013, Surgo|d and the Pamaka peop|e entered |nto a memorandum of understand|ng that states the two part|es w||| work together to create and manage a commun|ty deve|opment fund, def|ne terms for emp|oyment and |oca| procurement, and partner on other comm|tments re|ated to deve|opment of the Mer|an project. lnd|genous and Tr|ba| Oommun|t|es Future Focus As a member of the lnternat|ona| Oounc|| on M|n|ng and Meta|s (lOMM}, Newmont |s work|ng to a||gn |ts po||cy frameworks w|th the lOMM`s lnd|genous Peop|es and M|n|ng pos|t|on statement by 2015. These comm|tments requ|re us to: Respect the r|ghts, |nterests, spec|a| connect|ons to |ands and waters, and perspect|ves of lnd|genous Peop|es, where m|n|ng projects are to be |ocated on |ands trad|t|ona||y owned by or under customary use of lnd|genous Peop|es; and Adopt and app|y engagement and consu|tat|on processes that ensure the mean|ngfu| part|c|pat|on of lnd|genous commun|t|es |n dec|s|on mak|ng, through a process that |s cons|stent w|th the|r trad|t|ona| dec|s|on-mak|ng approach and |s based on good fa|th negot|at|on. Dur|ng the year, we worked w|th RESO|vE, an |ndependent pub||c po||cy organ|zat|on, to |mprove our understand|ng of free, pr|or and |nformed consent (FPlO} and how best to engage stakeho|ders to |dent|fy opportun|t|es that |mprove FPlO |mp|ementat|on. Newmont comm|ts to work to obta|n the consent of lnd|genous Peop|es for new projects (and changes to ex|st|ng projects} that are on |ands trad|t|ona||y owned, or customar||y used, by lnd|genous Peop|es. Through FPlO, lnd|genous Peop|es are ab|e to free|y make dec|s|ons w|thout coerc|on, |nt|m|dat|on or man|pu|at|on; they are g|ven suff|c|ent t|me to be |nvo|ved |n project dec|s|on mak|ng before key dec|s|ons are made and |mpacts occur; and they are |nformed about a project and |ts potent|a| |mpacts and benef|ts. Oase Study - Surgo|d and Pamaka S|gn Agreement Sur|name |s one of the most sparse|y popu|ated countr|es |n the wor|d. Wh||e no peop|e ||ve d|rect|y w|th|n Surgo|d`s operat|ng footpr|nt, the Mer|an project |s |ocated on the trad|t|ona| |ands of the Pamaka tr|ba| group (subset of the Maroon ethn|c|ty}, wh|ch |s recogn|zed as an lnd|genous/tr|ba| peop|e by Surgo|d and the |nternat|ona| commun|ty. Because of th|s, spec|a| attent|on |s requ|red to protect the|r |nd|v|dua| and co||ect|ve r|ghts. As a member of the lnternat|ona| Oounc|| on M|n|ng and Meta|s (lOMM}, Newmont str|ves to obta|n the free, pr|or and |nformed consent of the Pamaka peop|e pr|or to beg|nn|ng construct|on and before any s|gn|f|cant change or subsequent phase of the project ||fecyc|e. The Surgo|d Project Team has made commun|ty engagement a pr|or|ty s|nce 2004 through regu|ar engagement a||ow|ng commun|ty members to vo|ce v|ews, |nterests and concerns and prov|de feedback on commun|ty re|at|ons and |nvestment programs. Oommun|ty engagement takes the form of regu|ar pub||c meet|ngs, more frequent 'off|ce hours" |n each v|||age, and task-or|ented tr|ps w|th deve|opment partners re|ated to hea|th, educat|on, cu|tura| her|tage and capac|ty bu||d|ng. ln August 2013, Surgo|d and the Pamaka commun|ty s|gned a memorandum of understand|ng that descr|bes a|| of the work to be accomp||shed over the next few years. Together, Surgo|d and the Pamaka commun|ty w||| create and manage a commun|ty deve|opment fund; def|ne terms of |oca| emp|oyment and |oca| procurement; deve|op a system to co||ect and reso|ve gr|evances; create a part|c|patory mon|tor|ng comm|ttee; and promote safety and env|ronmenta| stewardsh|p. Th|s memorandum w||| be the f|rst of many agreements shou|d the project advance through the construct|on, operat|ons and c|osure stages of the m|ne ||fecyc|e. Home / Oommun|ty Re|at|onsh|ps / Human R|ghts Approach Newmont`s approach to respect|ng human r|ghts |nc|udes work|ng w|th commun|t|es, governments, NGOs and other bus|nesses to deve|op and |mp|ement best pract|ces and frameworks that prov|de for accountab|||ty and transparency |n respect|ng the fundamenta| r|ghts of those affected by our bus|ness act|v|t|es. Human R|ghts Newmont recogn|zes that a|| commun|t|es have a fundamenta| r|ght to preserve the|r cu|ture and her|tage. We a|m to engage ear|y and often w|th commun|t|es to |dent|fy, protect and manage s|tes w|th cu|tura| or her|tage s|gn|f|cance to |oca| stakeho|ders. Our approach a|so |nc|udes !"#$%#&%! #$% (&)*+!!+! to avo|d |nfr|ngement of human r|ghts re|ated to water use, lnd|genous Peop|es and resett|ement and |and use. At the s|te |eve|, our operat|ons offer a range of human r|ghts tra|n|ng programs ta||ored to |oca| needs. These programs may |nc|ude cross-cu|tura| awareness; bu||y|ng, secur|ty and human r|ghts r|sks; and genera| |nformat|on on human r|ghts. Ensur|ng the safety and secur|ty of our emp|oyees, contractors, v|s|tors, fac|||t|es, equ|pment and mater|a|s |s the a|m of our secur|ty program, wh|ch |s governed by our ob||gat|ons under the vPSHR and the n|ted Nat|ons G|oba| Oompact. We have entered |nto memoranda of understand|ng (MOs} w|th pub||c secur|ty agenc|es at some of our fac|||t|es |n an attempt to prov|de add|t|ona| assurance that human r|ghts are respected by everyone |nvo|ved |n an operat|on. pho|d|ng human r|ghts and deta|||ng str|ct ru|es govern|ng the use of force are spec|f|ca||y de||neated |n these MOs. These arrangements are sanct|oned under preva|||ng |aws and are governed by the appropr|ate regu|atory author|ty. A|| secur|ty personne| - |n-house, pr|vate or contracted by Newmont - who work at or near our fac|||t|es must undergo human r|ghts tra|n|ng to ensure that |f the use of force |s abso|ute|y necessary, the response |s appropr|ate and |awfu| based on the threats confront|ng them. Newmont has |dent|f|ed Peru, lndones|a and Ghana as the pr|mary focus areas for Newmont`s vPSHR efforts. 2013 Performance ln 2013, we conducted tra|n|ng based on the vPSHR at our s|tes that emp|oy pub||c and pr|vate secur|ty personne|, and recorded and addressed a|| comp|a|nts and gr|evances re|ated to human r|ghts. Reg|on S|te Tota| Number of Part|c|pants |n Secur|ty Tra|n|ng Oumu|at|ve Hours of Tra|n|ng Afr|ca Ahafo 519 1,954 Akyem 964 3,211 lndones|a Batu H|jau 1,987 2,953 South Amer|ca Yanacocha 2,458 76,601 Oonga Project 5,035 41,829 Oomp|a|nts or Gr|evances Re|ated to Human R|ghts |n 2013 Number Act|ons Taken Austra||a/New Zea|and 34 lnvest|gat|ons occurred and pena|ty app||ed dependent upon sever|ty. ln one |nstance, a contractor was removed from s|te. Ghana 0 Oomp|a|nts or Gr|evances Re|ated to Human R|ghts |n 2013 Number Act|ons Taken lndones|a 1 ln response to PTNNT be|ng accused of v|o|at|ng the r|ghts of the |nd|genous Oek Bocek peop|e |n the E|ang Exp|orat|on Area, PTNNT |nv|ted KOMNAS HAM, the lndones|an comm|ss|on on human r|ghts, to conduct an |nvest|gat|on and meet w|th PTNNT representat|ves |n Jakarta and Batu H|jau. The comm|ss|on`s recommendat|ons |nc|uded: Pub||sh f|nd|ngs on the h|story of the E|ang/Dodo commun|t|es, |n|t|ated by |oca| un|vers|ty. 1. Oonduct archeo|og|ca| assessment at E|ang B|ok by PSPK GM (the Oenter for Rura| and Reg|ona| Deve|opment Stud|es}. 2. Nevada 7 lnvest|gat|ons by Human Resources department occurred and pena|ty app||ed dependent upon sever|ty. Peru 0 Newmont entered |nto one s|gn|f|cant |nvestment agreement |n 2013 w|th the Government of Sur|name that |nc|uded human r|ghts c|auses spec|f|ca||y referenc|ng the vo|untary Pr|nc|p|es on Secur|ty and Human R|ghts. We def|ne 's|gn|f|cant |nvestment agreements" as those w|th governments that enab|e the deve|opment of a m|ne or advance exp|orat|on act|v|t|es w|th|n the|r country. Future Focus Newmont w||| cont|nue to |ntegrate and embed respect for fundamenta| human r|ghts |nto |ts bus|ness act|v|t|es and pract|ces |n a more ho||st|c manner through the deve|opment of po||cy and capac|ty bu||d|ng across the organ|zat|on. Our areas of focus go|ng forward |nc|ude: Deve|op|ng a ho||st|c human r|ghts standard; Refresh|ng our human r|ghts framework to further a||gn w|th the n|ted Nat|ons Gu|d|ng Pr|nc|p|es on Bus|ness and Human R|ghts and other |nternat|ona||y recogn|zed gu|de||nes such as those from the Organ|zat|on for Econom|c Oo-operat|on and Deve|opment (OEOD}; lntegrat|ng human r|ghts |nto s|te performance assessment processes; and Broad|y us|ng the vPSHR`s vo|untary Pr|nc|p|es w|th|n bus|ness un|ts. The overa|| goa| of our human r|ghts approach |s to bu||d stronger re|at|onsh|ps w|th commun|t|es, better respond to concerns, opt|m|ze benef|ts and reduce negat|ve |mpacts. ln 2014, we p|an to |mp|ement an updated cu|tura| resources standard that requ|res every s|te to deve|op a cu|tura| resources management p|an. Each p|an must |nc|ude a study of not just s|tes and phys|ca| |ocat|ons, but a|so |ntang|b|e cu|tura| her|tage e|ements such as arts and enterta|nment, ||ve||hoods and trad|t|ons. Oase Study - Secur|ty Team Oont|nues Focus on Human R|ghts Newmont`s approach to protect|ng and promot|ng human r|ghts |nc|udes work|ng w|th commun|t|es, governments, non-governmenta| organ|zat|ons (NGOs} and other bus|nesses to deve|op and |mp|ement best pract|ces and frameworks that prov|de for accountab|||ty and transparency |n protect|ng human r|ghts. ln add|t|on to be|ng a part|c|pant |n the N G|oba| Oompact - an |n|t|at|ve for bus|nesses comm|tted to 10 un|versa||y accepted pr|nc|p|es |n the areas of human r|ghts, |abor, env|ronment and ant|-corrupt|on - Newmont a|so act|ve|y part|c|pates |n and supports the vo|untary Pr|nc|p|es on Secur|ty and Human R|ghts (vPSHR}. As a forma| part|c|pant, Newmont prov|des an annua| report on our efforts to |mp|ement and promote the vo|untary Pr|nc|p|es (vPs}, wh|ch he|p compan|es: Oonduct a comprehens|ve assessment of human r|ghts r|sks assoc|ated w|th secur|ty; Engage appropr|ate|y w|th pub||c and pr|vate secur|ty |n conf||ct prone areas; Requ|re tra|n|ng for pub||c and pr|vate secur|ty forces work|ng on company property; Ensure that when the use of force |s abso|ute|y necessary, |t |s proport|onate and |awfu|; and Deve|op accountab|e processes for report|ng and |nvest|gat|ng a||egat|ons of human r|ghts abuses. Other part|c|pants |n the vPSHR |nc|ude the governments of the n|ted States, the n|ted K|ngdom, Norway, the Nether|ands, Oanada, Oo|omb|a and Sw|tzer|and, a|ong w|th compan|es operat|ng |n the resource |ndustry and NGOs such as Amnesty lnternat|ona| and Human R|ghts Watch. A|ong w|th ongo|ng tra|n|ng of pr|vate and pub||c secur|ty personne|, Newmont`s Yanacocha operat|on |n Peru created the Secur|ty/Oommun|ty lntegrat|on Program (SOlP} as part of |ts vPSHR act|on p|an. 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` +1/+ /337$00$0 $8")"#*8 3*02./8$#$)+ 3(7*)@ 7$0$++.$#$)+ /)3 *)87$/0$0 "(7 :"8(0 ") .*<$.*1""3 7$0+"7/+*")> '/0$ S+(3, Q ?/7+)$7*)@ B*+1 '"##()*+, 4$/3$70 ") 6F,$# -$0$++.$#$)+ N) JKLK= B1*.$ +1$ 6F,$# #*)$ B/0 *) +1$ $D2."7/+*") 0+/@$= U$B#")+ 7$.$/0$3 *+0 !"#$%& ()*+"$,-,%)* -*. /%+&$)+"01 !$-* 2!(/!3= B1*81 "(+.*)$3 +1$ '"#2/),V0 8"##*+#$)+0 :"7 $)@/@*)@ /)3 *):"7#*)@ +1$ 2(;.*8 ") /8+*<*+*$0 7$./+$3 +" +1$ 27"A$8+> [$8/(0$ +1$ 27"2"0$3 #*)$ 3*7$8+., *#2/8+$3 /7"()3 L=aKK 1"(0$1".30 *) ")$ 0$++.$#$)+ XW/,//0"Z /)3 $*@1+ 1/#.$+0 XU,/#$;$F,$7$= b$7$)F$7$)= bB/0* b2":"7= [/3(= b":* 6F."= 6,$0( c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ome / Env|ronmenta| Stewardsh|p / Water Approach Water access, ava||ab|||ty and qua||ty have moved beyond be|ng an env|ronmenta| or techn|ca| matter to be|ng a po||cy |ssue w|th cu|tura|, po||t|ca| and soc|a| ram|f|cat|ons. We a|m to address the grow|ng cha||enge of phys|ca| and econom|c water stress |n key |ocat|ons through susta|nab|e water management pract|ces. A|ong w|th our comm|tment to comp|y w|th standards, we focus on further deve|op|ng our techn|ca| expert|se - |n water treatment, water contro|, dewater|ng systems and water mon|tor|ng - and on |ncreas|ng awareness of the va|ue of water. We are comm|tted to bu||d|ng on these strengths, and we recogn|ze the need to estab||sh more forward-|ook|ng and |ntegrated water management programs. ln 2013, we deve|oped a g|oba| water strategy to gu|de our reg|ons and s|tes on manag|ng water more strateg|ca||y and engag|ng others to he|p m|t|gate water r|sk, and to c|ear|y ||nk the techn|ca| and operat|ona| aspects of water management w|th |ong-term strateg|c and soc|a| respons|b|||ty object|ves. The strategy was approved by our execut|ve |eadersh|p team and Board of D|rectors. Each of our operat|ng s|tes - and each commun|ty |n wh|ch we operate - has d|fferent water needs and cha||enges, so our s|te-spec|f|c water management p|ann|ng beg|ns w|th understand|ng the area`s c||mate, hydrogeo|ogy, surface water, groundwater and geo|ogy. From th|s |nformat|on we deve|op water ba|ances and management programs to he|p us determ|ne how much water |s ava||ab|e to run our operat|ons; how much must be treated and d|scharged; the amount that can be d|verted around our operat|ons; and what commun|ty and ecosystem needs must be protected or supp|emented dur|ng and after our operat|ons. 2013 Performance As our m|nes mature, the amount of water co||ected and d|scharged from our operat|ons has |ncreased. We have made notab|e progress |n |mprov|ng the overa|| qua||ty of the water d|scharged, |arge|y as a resu|t of manag|ng contact and non-contact water and, where necessary, expand|ng the water treatment capac|ty at our operat|ons. We cont|nue to address the cha||enges of manag|ng m|ne dewater|ng quant|t|es and qua||t|es at some m|ne s|tes: ln 2013, on|y one water source was s|gn|f|cant|y affected (def|ned as f|ve percent or more of the annua| average vo|ume} by our operat|ons` w|thdrawa| of water. As a resu|t, the Bodd|ngton operat|on engaged a r|ver eco|og|st to ca|cu|ate an appropr|ate abstract|on rate from the Hotham R|ver, tak|ng |nto account dry and wet season f|ow cyc|es. Based on th|s study, a max|mum abstract|on ||m|t was proposed by the operat|on and approved by regu|ators. Water conservat|on and ava||ab|||ty |s a cr|t|ca| |ssue at Bodd|ngton. A|ternat|ves are under cons|derat|on. At our Ahafo operat|on, we |mproved our m|ne water management systems to |so|ate and recyc|e waters |mpacted by b|ast|ng. Water treatment feas|b|||ty stud|es are underway to |dent|fy further |mprovements. At our Batu H|jau m|ne, three water qua||ty measurement samp|es from deep sea ta|||ngs d|scharge were s||ght|y above comp||ance |eve|s |n 2012 due to an |ncrease |n process|ng of stockp||ed and ox|d|zed ore. As a resu|t, we made |mmed|ate changes |n ore process|ng to |mprove d|scharge water qua||ty. ln 2013, we conducted extens|ve stud|es to eva|uate ways to process the stockp||ed mater|a|s wh||e ensur|ng water qua||ty rema|ned at or be|ow comp||ance |eve|s. Due to h|gher prec|p|tat|on and |ncreased m|ne dewater|ng rates at Yanacocha, we focused on |mprov|ng our water capture and conveyance systems to cont|nue to meet d|scharge water qua||ty requ|rements from water treatment fac|||t|es. We worked w|th the commun|t|es of Wendover and West Wendover, wh|ch are |ocated near our |ong Oanyon project |n Nevada, to reach an agreement on a water framework. The agreement between Newmont and the two mun|c|pa||t|es out||nes the Oompany`s comm|tments re|ated to water r|ghts, new water |nfrastructure projects, commun|ty contr|but|ons and other terms. Water Water Oonsumpt|on (|n thousands k||o||ters (k|}} 2009 2010 2011 2012 !"#$ Tota| water w|thdrawn 553,518 505,707 481,348 534,446 %&%'()% Surface water 54,614 57,085 46,444 60,678 %%'%&# Groundwater 137,132 130,548 156,710 167,752 #)$')#! Prec|p|tat|on 127,979 97,901 85,017 104,799 #"%'!*" Mun|c|pa| water 1,679 1,639 1,874 1,791 #'+*% Ocean water used for process|ng 68,104 59,166 47,925 32,213 $!')(( Ocean water used for coo||ng 164,011 159,368 143,378 167,213 !#)'((& Tota| water consumed (w|thdrawn m|nus d|rect and tota| d|scharges} 509,342 462,617 436,367 449,250 *(#'*$$ Tota| water recyc|ed 258,050 277,736 272,713 246,435 !"('$)# Tota| water used (consumed + recyc|ed} 767,391 739,266 709,079 695,685 &""'&(* Note: The vo|ume of tota| water consumed was corrected for 2010. Water D|scharges (|n thousands K|} 2009 2010 2011 2012 !"#$ Tota| water d|scharge (d|rect} 44,176 43,089 44,982 85,196 +*'%$! D|rect d|scharge - reused by externa| organ|zat|on 291 282 635 835 (!$ D|rect d|scharge - surface water 38,781 37,966 40,255 44,243 )#')&" D|rect d|scharge - groundwater 5,105 4,834 4,091 5,486 !#'($( D|rect d|scharge - ocean 0 0 0 0 " D|rect d|scharge - externa| treatment fac|||ty 0 0 0 0 " D|rect d|scharge - sewers 0 7 0 0 " Tota| d|scharge of used water 416,827 306,058 273,700 298,937 $*&')%# D|scharge of used water - reused by externa| organ|zat|on 4,600 3,629 5,045 5,064 )'""! D|scharge of used water - surface water 31,334 35,193 43,945 46,155 *+'*)# D|scharge of used water - groundwater 4,547 4 4 5 * D|scharge of used water - ocean 376,309 267,196 224,668 247,672 !($'#*( Water D|scharges (|n thousands K|} 2009 2010 2011 2012 !"#$ D|scharge of used water - externa| treatment fac|||ty 1.5 0.0 0.0 0.0 "," D|scharge of used water - sewers 35 37 38 40 $) Tota| d|scharges 461,003 349,147 318,682 384,132 *$!'#+* Tota| treated water 92,013 89,137 89,109 115,443 ##!'!!& Water treated by ac|d water treatment p|ant 20,257 21,808 29,829 32,395 $+'"#+ Water treated by reverse osmos|s p|ant 11,538 9,993 12,979 13,044 ##'()) Water treated by sewage treatment p|ant 513 440 284 440 **" Water treated by process water treatment p|ant 7,965 5,114 10,337 8,378 )'+!% Water treated by other process 51,741 51,782 35,680 61,186 %*'(&( P|anned and np|anned D|scharge that Exceeded Meta|s and/or Other Parameters (|n thousands k|} 2009 2010 2011 2012 !"#$
39,988 660 4,216 192 #'##* Future Focus ln 2014, we w||| deve|op p|ans to |mp|ement our g|oba| water strategy, reg|ona| water strateg|es and s|te water management charters, as we|| as deve|op the targets and performance |nd|cators we w||| report aga|nst. lmp|ementat|on of the g|oba| water strategy |s expected to be a |ong-term process, but reg|ona| water strateg|es and s|te water management charters are expected to be |n p|ace and underway |n a|| reg|ons by 2015. Because each m|n|ng company has d|fferent water account|ng systems |n p|ace to measure, mon|tor and report water use, the M|nera|s Oounc|| of Austra||a deve|oped a Water Account|ng Framework for the m|nera|s |ndustry to better compare water use by company or reg|on. As part of our water strategy, we comm|t to create a water account|ng system that |s cons|stent w|th th|s framework. Oase Study - E| Agua Pr|mero, |a M|na Despues (Water F|rst, Then M|ne} The Oonga project |s a copper-go|d porphyry depos|t |ocated 75 k||ometers northeast of the c|ty of Oajamarca, Peru and 24 k||ometers northeast of Newmont`s Yanacocha go|d m|ne. Oonga |s a m|n|ng project w|th env|ronmenta| and soc|a| |mpact ana|yses spann|ng 13 years. Fo||ow|ng a three-year, pub||c process on the project`s env|ronmenta| |mpact assessment (ElA} and extens|ve rev|ews by 12 government agenc|es |n Peru, Oonga`s ElA was approved by the M|n|stry of Energy and M|nes |n October 2010. However, due to ant|-m|n|ng protests, project deve|opment was suspended |n November 2011. ln response, the Peruv|an government |n|t|ated an |ndependent expert rev|ew of Oonga`s ElA. ln Apr|| 2012, the resu|ts of the rev|ew conf|rmed that Oonga`s ElA was techn|ca||y sound and conformed to both Peruv|an and |nternat|ona| standards. These experts recommended |ncreas|ng the storage capac|ty of the proposed water reservo|rs contemp|ated by the project`s ElA, wh|ch was accepted by Newmont. Newmont |s tak|ng a 'water f|rst" approach to deve|op|ng Oonga by construct|ng reservo|rs to rep|ace |akes, and |mprove |oca| water qua||ty and supp|y re||ab|||ty. |akes are a very ||m|ted source of water dur|ng the dry season and on|y prov|de a source of water for downstream users when water overf|ows |nto the rece|v|ng streams dur|ng the ra|ny season. Oonstruct|on of the Oha||huagon reservo|r was comp|eted |n May 2013. W|th a water storage capac|ty of 2.6 m||||on cub|c meters - tw|ce the capac|ty of Oha||huagon |ake - the Oha||huagon reservo|r now prov|des a year-round source of water to downstream users. Home / Env|ronmenta| Stewardsh|p / B|od|vers|ty Approach Newmont`s operat|ons span ecosystems rang|ng from h|gh-a|t|tude wet|ands |n Peru to deserts |n Austra||a. ln add|t|on to the|r m|nera| resources, these areas can be r|ch |n other natura| resources and p|ant and an|ma| spec|es, and we are comm|tted to conserv|ng and protect|ng b|o|og|ca| d|vers|ty and ecosystem serv|ces wherever we operate. We do not operate any m|ne s|te w|th|n any geograph|ca||y def|ned areas that are des|gnated, regu|ated or managed as protected areas. As an lOMM member, Newmont has comm|tted not to exp|ore or m|ne |n wor|d her|tage s|tes, wh|ch are cons|dered to be of outstand|ng g|oba| va|ue. Add|t|ona||y, we do not have any operat|ons where water d|scharge or run-off s|gn|f|cant|y affects water bod|es and re|ated hab|tats. Partnersh|ps w|th |oca| and |nternat|ona| conservat|on organ|zat|ons, academ|c |nst|tut|ons and commun|t|es are an |mportant aspect of our approach to protect|ng b|od|vers|ty. For examp|e, we |dent|fy |ega||y protected and h|gh b|od|vers|ty va|ue areas us|ng the lntegrated B|od|vers|ty Assessment Too| (lBAT}, wh|ch was deve|oped by B|rd||fe lnternat|ona|, Oonservat|on lnternat|ona|, the lnternat|ona| n|on for Oonservat|on of Nature (lON} and the n|ted Nat|ons Env|ronment Programme Wor|d Oonservat|on Mon|tor|ng Oentre. We use the lBAT to screen prospect|ve areas and |dent|fy potent|a| b|od|vers|ty and conservat|on r|sks and concerns pr|or to exp|orat|on and m|ne deve|opment. Deta||ed |ndependent base||ne surveys are conducted to def|ne and understand the ecosystems and hab|tats |n and around the project area. These stud|es then |nform the deve|opment of b|od|vers|ty management p|ans, wh|ch are requ|red at a|| operat|ng s|tes w|th s|gn|f|cant b|od|vers|ty va|ues. We current|y have m|n|ng operat|ons |n broad reg|ons that have been |dent|f|ed by Oonservat|on lnternat|ona| as b|od|vers|ty hotspots - name|y, the Trop|ca| Andes (Peru}, the Gu|nean Forests of West Afr|ca (|nc|ud|ng Ghana}, New Zea|and, Southwest Austra||a, and Wa||acea (lndones|a}. W|th|n these hotspots, ||m|ted port|ons of two m|n|ng operat|ons are |ocated |n key b|od|vers|ty areas as def|ned by A|||ance for Zero Ext|nct|on (AZE} and B|rd||fe lnternat|ona|. These |nc|ude the AZE s|te of E| Oh|che and the lmportant B|rd Area (lBA} of R|o Oajamarca |n Peru and the Tatar Sepang on the |s|and of Sumbawa, lndones|a. |ocat|on and S|ze of Newmont`s Operat|ons |n Re|at|on to Areas of H|gh B|od|vers|ty va|ue Operat|on |ocat|on Key B|od|vers|ty Area (KBA} Pos|t|on Re|at|ve to Protected Area S|ze of Operat|ona| S|te (km } Eco|og|ca| Sens|t|v|ty Yanacocha Peru R|o Oajamarca Oonta|ns port|ons of 63 lBA and AZE s|te for grey-be|||ed comet Batu H|jau Sumbawa, lndones|a Tatar Sepang lBA Oonta|ns port|ons of 14 lBA for ye||ow-crested cockatoo and f|ores green-p|geon Our Bodd|ngton operat|on |s |ocated w|th|n the B|rd||fe lnternat|ona| 'Endem|c B|rd Area of Southwest Austra||a" known for |ts Jarrah forests, wh|ch prov|de hab|tat for endangered b|ack cockatoos. Endem|c b|rd areas are not recogn|zed as key b|od|vers|ty areas. 2 B|od|vers|ty 2013 Performance Newmont current|y has four b|od|vers|ty offset programs - one |n Ghana, one |n Austra||a and two |n Nevada: Our Akyem operat|on |n Ghana was one of f|ve p||ots for the Bus|ness B|od|vers|ty Offsets Programme (BBOP}, a co||aborat|ve |n|t|at|ve |nvo|v|ng f|nanc|a| |nst|tut|ons, government agenc|es and NGOs work|ng to deve|op and test methodo|og|es for effect|ve b|od|vers|ty offset programs. Ourrent|y, the offset p||ot |s mov|ng |nto the p|ann|ng phase and |s expected to be f|na||zed by the end of 2014 and |mp|emented |n ear|y 2015. ln Austra||a, we partner w|th Murdoch n|vers|ty on research |nto b|od|vers|ty and conservat|on near our Bodd|ngton m|ne. Th|s research supports efforts to restore b|ack cockatoo feed|ng hab|tats at m|ne s|tes w|th|n the Jarrah Forest and, more genera||y, |n |andscapes throughout southwestern Austra||a. ln 2013, Murdoch researchers found that the b|ack cockatoos were feed|ng at Bodd|ngton`s rehab|||tated s|tes on|y seven years after the s|tes had been revegetated w|th nat|ve trees and shrubs. We have been co||aborat|ng w|th the Nevada D|v|s|on of W||d||fe and the .S. Bureau of |and Management s|nce 1993 to restore thousands of acres of cr|t|ca| mu|e deer hab|tat |n northern Nevada after the w|nter range was destroyed by a w||df|re |n 1985. ln 2013, The Nature Oonservancy and Newmont entered |nto an !"#$$%$&' to |mprove the hab|tat for the greater sage-grouse, mu|e deer and pygmy rabb|t on 1.2 m||||on acres of Newmont`s ranch|and. B|od|vers|ty lmpacts B|od|vers|ty n|ts 2009 2010 2011 2012 ()*+ S|tes |n wh|ch b|od|vers|ty |s covered |n ElA or s|m||ar document Number 9 of 14 9 of 13 9 of 13 9 of 13 ** -. */ M|ne |ease area Thousand hectares 467.5 484.2 495.7 504.9 /012( Potent|a| area of |mpact Thousand hectares 241.0 185.9 185.9 185.9 *342/ lON management areas w|th|n area of potent|a| |mpact Thousand hectares 0.0 0.0 0.0 0.0 )2) NESOO wor|d her|tage s|tes w|th|n area of potent|a| |mpact Thousand hectares 0.0 0.0 0.0 0.0 )2) NESOO man and b|osphere reserves w|th|n area of potent|a| |mpact Thousand hectares 0.0 0.0 0.0 0.0 )2) RAMSAR wet|ands w|th|n area of potent|a| |mpact Thousand hectares 0.0 0.0 0.0 0.0 )2) A|||ance for Zero Ext|nct|on area w|th|n area of potent|a| |mpact Thousand hectares 0.0 0.0 0.0 0.0 )2) Key b|od|vers|ty areas w|th|n area of potent|a| |mpact Thousand hectares 0.0 0.0 0.0 0.0 )2) lmportant b|rd areas w|th|n area of potent|a| |mpact Thousand hectares 3.7 0.0 0.0 0.0 )2) Tota| lON ||sted w||d||fe morta||t|es Number 297 170 175 176 (+3 vu|nerab|e Number 0 0 9 0 ) B|od|vers|ty n|ts 2009 2010 2011 2012 ()*+ Endangered Number 0 0 0 1 + Or|t|ca||y endangered Number 0 0 0 1 ) Near threatened Number - - - 3 0 |east concern Number - - - 171 ((1 Not spec|f|ed Number 297 170 166 0 ) Note: Data summary of w||d||fe morta||t|es was adjusted |n 2012 to |nc|ude spec|f|c data on '|east Ooncern" and 'Near Threatened" morta||t|es where before they were reported together as not spec|f|ed. Go|ng forward, data from each of the s|x categor|es w||| be reported |nd|v|dua||y. Future Focus We deve|oped a B|od|vers|ty Management Standard |n 2013 to |mprove and better measure our performance. We expect to f|na||ze and |mp|ement the standard |n the f|rst ha|f of 2014. Our standard estab||shes requ|red pract|ces that w||| dr|ve a cons|stent approach to b|od|vers|ty conservat|on and resource stewardsh|p throughout the organ|zat|on. We a|so work to |mprove our b|od|vers|ty performance through ongo|ng part|c|pat|on |n |ndustry |n|t|at|ves and partnersh|ps w|th conservat|on organ|zat|ons. Newmont p|ays a |ead|ng ro|e on the lOMM B|od|vers|ty Steer|ng Oomm|ttee. Through our |nvo|vement, we cont|nue to deve|op b|od|vers|ty conservat|on gu|dance, engage w|th g|oba| organ|zat|ons to assess our co||ect|ve performance, and |dent|fy |ead|ng pract|ces we can |ntegrate |nto our management systems. We are a|so found|ng members of lOMM`s Oross-Sector B|od|vers|ty ln|t|at|ve (OSBl}, wh|ch was estab||shed |n 2013 to address b|od|vers|ty |oss and ecosystem degradat|on re|ated to m|n|ng operat|ons. The |n|t|at|ve encourages the deve|opment of sc|ent|f|ca||y va||d and pract|ca| app||cat|ons of the m|t|gat|on h|erarchy - a too| des|gned to ||m|t the |mpacts on b|od|vers|ty. OSBl a|so prov|des a forum for members to share too|s and best pract|ces for app|y|ng the m|t|gat|on h|erarchy |n order to m|n|m|ze potent|a| |mpacts on b|od|vers|ty and ecosystems. Oase Study - Partner|ng w|th The Nature Oonservancy to Protect the Greater Sage-Grouse We are he|p|ng conserve and restore thousands of acres of sagebrush hab|tat |n Nevada to protect the greater sage-grouse. The western n|ted States was once dense|y covered w|th sagebrush that prov|ded food for the b|rds and concea|ed them from predators. Today, some areas are now sparse|y vegetated due to the |ntroduct|on of |nvas|ve non-nat|ve p|ant spec|es and w||df|res. As a resu|t, the greater sage-grouse popu|at|on |s |n dec||ne and |s be|ng cons|dered as a cand|date for ||st|ng under the .S. Endangered Spec|es Act. Newmont`s goa| |s to be part of the so|ut|on to th|s prob|em. ln add|t|on to |ts m|n|ng propert|es, Newmont has four major ranches - the TS, Horseshoe, B|g Spr|ngs and l| Ranches - that are managed for trad|t|ona| uses such as agr|cu|ture and ||vestock as we|| as for renewab|e resource deve|opment. Oomb|ned, the ranches |nc|ude 750,000 acres of pr|vate |and and 1.5 m||||on acres of graz|ng a||otments on pub||c |ands. Much of th|s ranch|and |s |n the heart of the sagebrush ecosystem. Newmont entered |nto an agreement w|th The Nature Oonservancy to deve|op a conservat|on p|an for 1.2 m||||on acres of the Oompany`s pr|vate |ands and assoc|ated federa| graz|ng a||otments. The p|an w||| be used to deve|op and gu|de hab|tat management act|ons for greater sage-grouse, mu|e deer, and other sagebrush w||d||fe |n concert w|th manag|ng ||vestock graz|ng. Restor|ng the hea|th of the sagebrush ecosystem w||| he|p restore popu|at|ons of the greater sage-grouse and other spec|es and m|t|gate a potent|a||y s|gn|f|cant r|sk to our bus|ness. We a|so hope the p|an w||| serve as a b|uepr|nt for how add|t|ona| |ands |n Nevada, the .S. and other parts of the wor|d can be restored and managed |n the future. Home / Env|ronmenta| Stewardsh|p / Energy and O||mate Ohange Approach O||mate change and energy scarc|ty are among the wor|d`s b|ggest cha||enges. Our operat|ons run on coa|, o||, d|ese| and gas, wh|ch em|t greenhouse gases (GHGs}. Oont|nua||y |mprov|ng the energy eff|c|ency of our operat|ons and reduc|ng GHGs |s cr|t|ca| to ma|nta|n|ng our compet|t|veness. We a|so seek to |ncrease our re||ance on renewab|e or |ow-carbon energy sources such as hydroe|ectr|c|ty and so|ar power. Our !"#$%& ("&")*(*&+ ,%-.!/ gu|des our approach to manag|ng r|sk and captur|ng opportun|t|es re|ated to reduc|ng energy consumpt|on and GHG em|ss|ons: We measure and annua||y report our g|oba| GHG em|ss|ons to the Oarbon D|sc|osure Project (ODP} and are comp||ant w|th a|| re|ated ver|f|cat|on requ|rements. Our reduct|on p|an, wh|ch |s deve|oped |n co||aborat|on w|th pub||c and pr|vate |eaders |n energy conservat|on, |nc|udes energy use reduct|on targets, energy eff|c|ency best pract|ces, and energy conservat|on projects that reduce operat|ng costs and GHG em|ss|ons. We |nvest |n projects that d|rect|y reduce our energy consumpt|on and GHG em|ss|ons, generate renewab|e energy cred|ts, enhance susta|nab|e deve|opment and he|p reduce our ant|c|pated future carbon costs. We pursue opportun|t|es and partnersh|ps w|th se|ect bus|nesses to reduce our GHG em|ss|ons wh||e ensur|ng our bus|ness |s susta|nab|e, prof|tab|e and respons|b|e. We |mp|ement sequestrat|on (carbon offset} projects, such as forestry programs, that remove carbon d|ox|de from the atmosphere |n |ocat|ons near our operat|ons. We engage w|th stakeho|ders to assess future |mpacts to our bus|ness and host commun|t|es, and deve|op p|ans to m|t|gate c||mate change r|sks, w|th an emphas|s on water secur|ty. 2013 Performance Tota| energy consumpt|on |ncreased 10.2 percent |n 2013, |nf|uenced by severa| factors. Akyem |n Ghana began product|on |n the |ast quarter of 2013 and reported energy consumpt|on for the f|rst t|me. ln add|t|on, the consumpt|on of coa| and d|ese| |ncreased 9 percent and 3 percent, respect|ve|y. Energy and O||mate Ohange 0%+"- 1-*!+#.!.+/ 2%&34(,+.%& 56.#*!+ 7 8&9.#*!+: (m||||on g|gajou|es (GJ}} 6.#*!+ ;%&<=*&*>"$-* 1&*#)/ 2%&34(,+.%& $/ ?%4#!* 0/,* D|ese| fue| |s used pr|mar||y |n mob||e equ|pment, sma|| veh|c|es, and |n e|ectr|c|ty generators wh||e coa| energy |s used exc|us|ve|y to produce e|ectr|c power. Note: Propane/|PG, waste o||, gaso||ne and av|at|on fue| have been comb|ned |n the chart because they each contr|bute |ess than 0.5 percent of our tota| d|rect energy consumpt|on from non-renewab|e sources. ln 2013, we made progress toward ach|ev|ng our g|oba| energy eff|c|ency object|ves at our d|fferent s|tes: We comp|eted energy eff|c|ency assessments at our Austra||a, New Zea|and and lndones|a operat|ons, |dent|fy|ng more than 80 opportun|t|es to |mprove energy eff|c|ency. To date, a|most ha|f have been |mp|emented. We performed a cost-effect|ve upgrade of the |oca| power network that met the needs of both the power company and our Wa|h| operat|on. The upgrades were comp|eted |n 2013, a||ow|ng us to e||m|nate four d|ese| generators. Energy conservat|on |n|t|at|ves |n Ghana have resu|ted |n a four percent per year reduct|on |n d|ese| fue| consumpt|on compared to a 2011 base||ne. Tota| em|ss|ons |ncreased s|nce 2012, however, due to |ncreased consumpt|on of coa| and d|ese| e|ectr|c|ty. ln 2013, projects des|gned to reduce or offset GHG em|ss|ons |nc|uded: lnvest|ng |n carbon-offset forestat|on projects |n Austra||a and Peru; s|ng b|od|ese| fue| b|ends at our Nevada and Peru operat|ons; lmp|ement|ng a new d|ese| fue| product that reduces fue| consumpt|on at our Ahafo m|ne |n Afr|ca; and Produc|ng b|od|ese| from waste o|| at our Jundee m|ne |n Austra||a. 0%+"- @A@ 1(.33.%&3 5?!%,* B 7 ?!%,* C: (m||||on tonnes OO } Severa| of our operat|ons are powered by modern hydroe|ectr|c p|ants and other renewab|e sources that he|p reduce our carbon footpr|nt: ln Ghana, hydropower supp||ed by the vo|ta R|ver Author|ty supp||es a|most a|| of our power at our Ahafo and Akyem operat|ons. We||s Rura| E|ectr|c supp||es e|ectr|c power that |s 87 percent der|ved from renewab|e sources to our Oar||n operat|on; 27 percent of our overa|| power consumpt|on |n Nevada |s from renewab|e sources. ln Peru, we source our power from hydroe|ectr|c f|rst, then from combust|b|e sources such as natura| gas. ln New Zea|and, more than ha|f of our e|ectr|c|ty comes from hydro and geotherma| power. We a|so produce our own hydropower. A|though our Br|da| ve|| hydropower generator |n Te||ur|de, Oo|orado, was down for much of the year for ma|ntenance and rehab|||tat|on, |n 2013 |t produced 201,600 k||owatt hours of e|ectr|c|ty that was so|d to the |oca| power company. CDBE 1-*!+#.! F%>*# ?%4#!*9 G#%( A/9#%*-*!+#.! "&9 H+I*# =*&*>"$-*3 Note: Power ut|||zed by m|n|ng operat|ons on|y. 2 Tota| E|ectr|c|ty Oonsumpt|on - Energy va|ue (|n m||||on g|gajou|es (GJ} } 2009 2010 2011 2012 CDBE 6.#*!+ 1&*#)/ 2%&34(,+.%& Tota| s|te-generated e|ectr|c|ty (d|rect energy generat|on} 5.95 4.25 9.36 8.76 JKLL D|ese| power 0.00 0.60 0.83 0.68 DKMC Waste o|| 0.00 0.06 0.00 0.00 DKDD Ooa|-f|red power 5.95 3.25 8.20 7.71 JKLN Natura| gas-f|red power 0.00 0.35 0.33 0.37 DKEM |PG/propane power 0.00 0.00 0.00 0.00 DKDD Tota| s|te-generated e|ectr|c|ty so|d 0.00 0.00 0.00 0.00 BKBO Tota| s|te-generated e|ectr|c|ty consumed 5.95 4.78 9.36 8.76 JKLL 8&9.#*!+ *&*#)/ !%&34(,+.%& Tota| gr|d e|ectr|c|ty (|nd|rect energy generat|on} 10.83 11.70 6.93 8.68 JKNB Gr|d e|ectr|c|ty from renewab|e sources 0.70 3.26 4.35 3.99 EKJN Gr|d e|ectr|c|ty from non-renewab|e sources 10.13 8.43 2.58 4.69 OKDC Tota| e|ectr|c|ty consumpt|on (d|rect + |nd|rect} 16.78 16.48 16.29 17.44 BMKEO D|rect Energy Oonsumpt|on - Energy va|ue (|n m||||on GJ} 2009 2010 2011 2012 CDBE D|rect non-renewab|e energy consumpt|on 39.96 40.31 55.58 51.18 OMKBL Ooa| 10.12 10.41 23.34 22.14 CMKLD D|ese| 26.08 22.77 24.76 25.36 CPKCO 2009 2010 2011 2012 CDBE Waste o|| 0.18 0.14 0.06 0.02 DKDD Gaso||ne 0.16 0.17 0.17 0.18 DKBN Natura| gas 2.90 3.04 2.96 2.99 CKJP Propane 0.31 0.23 0.27 0.20 DKBO Heavy fue| o|| 0.00 3.53 3.99 0.27 DKCJ Av|at|on fue| 0.00 0.00 0.03 0.02 DKDB Tota| d|rect renewab|e energy consumpt|on 0.09 0.21 0.43 0.41 DKEP Tota| d|rect energy consumpt|on (energy va|ue of pr|mary sources} 40.05 40.39 56.02 51.59 OMKOD Greenhouse Gas Em|ss|ons OO -e (|n m||||ons of tonnes of OO -e} 2009 2010 2011 2012 CDBE Tota| d|rect em|ss|ons 3.03 3.05 4.58 4.26 LKLN Em|ss|ons from coa| 0.93 1.02 2.37 2.00 CKCC Em|ss|ons from d|ese| 1.81 1.58 1.74 1.78 BKJB Em|ss|ons from waste o|| 0.01 0.005 0.003 0.0002 DKDDDE Em|ss|ons from gaso||ne 0.00 0.01 0.01 0.01 DKDB Em|ss|ons from natura| gas 0.06 0.15 0.15 0.15 DKBO Em|ss|ons from propane 0.00 0.01 0.02 0.01 DKDB Em|ss|ons from heavy fue| o|| 0.01 0.02 0.02 0.02 DKDC Em|ss|ons from av|at|on fue| 0.0002 0.0002 0.002 0.002 DKDDDE Em|ss|ons from ANFO 0.00 0.01 0.01 0.01 DKDDL Em|ss|ons from heavy ANFO 0.003 0.00 0.00 0.00 DKDDC 2 2 OO -e (|n m||||ons of tonnes of OO -e} 2009 2010 2011 2012 CDBE Em|ss|ons from emu|s|on 0.02 0.02 0.02 0.02 DKDC Em|ss|ons from autoc|ave 0.11 0.09 0.10 0.11 DKBB Em|ss|ons from roasters 0.08 0.09 0.10 0.09 DKDJ Em|ss|ons from qu|ck ||me product|on 0.00 0.04 0.04 0.04 DKDL Em|ss|ons from ARD neutra||zat|on 0.00 0.003 0.003 0.01 DKDDE Su|fur hexaf|uor|de (SF } 0.0000001 0.00005 0.00005 0.0001 DKDDDB Hydrof|uorocarbon (HFO} 0.00 0.003 0.003 0.008 DKDB Methane (OH } 0.000000001 0.000000002 0.000000001 0.0005 DKDD Tota| |nd|rect em|ss|ons 1.20 1.65 1.11 1.18 BKCP Tota| em|ss|ons 4.23 4.70 5.69 5.44 OKMO Note: Data for m|nor em|ss|on sources |nc|ud|ng waste o||, av|at|on fue|, heavy ANFO, ARD neutra||zat|on, su|fur hexaf|uor|de, hydrof|uorocarbon, and methane were reported th|s year to the f|rst s|gn|f|cant d|g|t app||cab|e. ln prev|ous years, these em|ss|ons may have been reported |n th|s tab|e as 0.0 m||||on tonnes of OO -e. Future Focus Newmont w||| cont|nue to |nvest |n |mprov|ng our energy eff|c|ency, reduc|ng GHG em|ss|ons, generat|ng carbon offset cred|ts, and generat|ng renewab|e energy cred|ts (REOs}. ln Austra||a, we are eva|uat|ng the construct|on of an 8.7 megawatt so|ar p|ant and cost-effect|ve energy eff|c|ency projects. ln Nevada, we are work|ng w|th potent|a| partners to eva|uate the construct|on of a p|ant that w||| convert natura| gas to ||qu|d natura| gas for use |n hau| trucks. ln Peru, we are assess|ng |mprovements |n dewater|ng systems des|gned to reduce energy consumpt|on by 15 percent. ln 2014, we w||| deve|op a forma| g|oba| energy and c||mate change strategy to reduce our energy use and costs. Th|s strategy w||| |nc|ude goa|s and metr|cs to eva|uate our progress. 2 2 6 4 2 Oase Study - The Grow|ng lmpact of Newmont`s Austra||an Ma||ee Tree Projects Newmont`s Austra||an Ma||ee tree projects - part of a partnersh|p w|th OO2 Austra||a - are he|p|ng to remove carbon d|ox|de from the atmosphere. The B|ue Ma||ee Euca|yptus tree |s nat|ve to Austra||a; drought to|erant, effect|ve at prevent|ng eros|on and |ower|ng so|| sa||n|ty; and can store a |arge amount of carbon throughout the tree`s 120-year ||fe span. The tree`s extens|ve root system a|so prov|des protect|on aga|nst bush f|res, wh|ch are common |n many parts of Austra||a. The Oompany`s f|rst Oarbon Farm|ng ln|t|at|ve (OFl} reforestat|on project |n New South Wa|es w||| eventua||y sequester 119,000 tonnes of atmospher|c carbon d|ox|de, wh||e the second project |n Western Austra||a has the potent|a| to remove 192,000 tonnes of carbon d|ox|de over the f|rst 50 years. Th|s |s equ|va|ent to the annua| greenhouse gas em|ss|ons of 40,000 passenger veh|c|es. ln 2013, OO2 Austra||a and Newmont created the f|rst Austra||an Oarbon Ored|t n|ts (AOOs} |n re|at|on to carbon sequestrat|on, a OFl-e||g|b|e act|v|ty that cert|f|es each tonne of GHGs removed from the atmosphere. ln Austra||a, the government set an |n|t|a| pr|ce of carbon at $23 per tonne for f|sca| year 2012/2013. The AOOs were created us|ng an Austra||an federa| government-approved methodo|ogy deve|oped |n 2013 by OO2 Austra||a that a||ows carbon project proponents to account for carbon |n reforestat|on and afforestat|on projects us|ng f|e|d-based measurements. Newmont has used AOOs to offset a port|on of our Austra||an carbon tax ||ab|||t|es over the past two years. Home / Env|ronmenta| Stewardsh|p / A|r Oua||ty Approach Protect|ng a|r qua||ty |n and around our operat|ons |s cr|t|ca| to the hea|th and safety of our emp|oyees, |oca| commun|t|es and the env|ronment. Newmont`s a|r em|ss|ons are generated from po|nt (a s|ng|e, |dent|f|ab|e source}, mob||e (veh|c|es and other |ndustr|a| equ|pment} and fug|t|ve (un|ntended or |rregu|ar re|eases of gases or vapors} sources. We mon|tor and report a|r em|ss|ons to comp|y w|th a|r qua||ty |aws and regu|at|ons |n the countr|es where we operate. We act|ve|y manage dust generat|on, reduce su|fur ox|de and GHG em|ss|ons, and !"#"!"$% !%'()'* %!"++",#+ us|ng max|mum ach|evab|e contro| techno|ogy (MAOT}. 2013 Performance Our a|r em|ss|ons ref|ect the |nherent var|at|ons |n ore compos|t|on as we m|ne from one part of the ore body to another. Mercury em|ss|ons have decreased |n each of the |ast four years as we work to contro| and manage po|nt source a|r em|ss|ons of mercury through the app||cat|on of -./0 at our m|nes. No Newmont operat|on rece|ved f|nes or sanct|ons for a|r qua||ty exceedances |n 2013. A|r Em|ss|ons A|r Em|ss|ons n|ts 2009 2010 2011 2012 1234 SO (SO } Thousand tonnes 176.8 171.9 171.6 173.8 35367 NO (NO } Thousand tonnes 6.5 6.0 6.5 6.0 768 PM Thousand tonnes 11.7 17.9 20.3 21.0 1164 Oarbon monox|de (OO} Thousand tonnes 3.0 2.3 2.7 2.4 169 Mercury (Hg} Tonnes 7.3 5.4 5.2 4.1 469 Arsen|c (As} Tonnes 4.7 4.4 4.1 4.7 762 |ead (Pb} Tonnes 0.4 0.5 0.9 0.6 267 Se|en|um 3 (Se} Tonnes 6.0 3.9 0.6 3.9 46: Note: Our Austra||a s|tes operated by Newmont report a|r em|ss|ons on a f|sca| year bas|s (Ju|y 1 to June 30} wh||e Ka|goor||e Oonso||dated Go|d M|nes (KOGM} reports |ts a|r em|ss|ons on a ca|endar year bas|s (January 1 to December 31}. x 2 x 2 10 A|r Oua||ty Future Focus One of Newmont`s pr|nc|pa| em|ss|ons |s su|fur d|ox|de, 99 percent of wh|ch |s generated by the KOGM go|d operat|on |n Western Austra||a. KOGM em|ts gaseous mercury and su|fur d|ox|de due to the ore type and process|ng methods used to recover the go|d. These em|ss|ons current|y do not have regu|atory constra|nts or pose any hea|th or safety |ssues at KOGM, but they do not a||gn w|th our corporate va|ue of env|ronmenta| |eadersh|p. As a resu|t, the jo|nt venture owners of KOGM - Newmont and Barr|ck - are |mp|ement|ng an em|ss|ons reduct|on project |n 2014. The project |nvo|ves |nsta||at|on of an u|tra-f|ne gr|nd|ng m|||, c|osure of the G|dj| roaster, and capture of mercury vapors em|tted by the operat|on. The project`s goa| |s to reduce KOGM`s gaseous mercury em|ss|ons by at |east 90 percent and su|fur d|ox|de em|ss|ons by at |east 99 percent by the end of 2015. Newmont`s |nvestment |n the project |s expected to be around $38 m||||on. Oase Study - TS Power P|ant Em|ss|on Oontro|s among the Best When we recogn|zed that |oca| power supp||es were |nadequate and too expens|ve to meet the |ong-term e|ectr|c|ty needs of our go|d and copper m|n|ng operat|ons |n northern Nevada, we bu||t our own power p|ant, wh|ch began commerc|a| operat|ons |n 2008. The 242-megawatt coa|-f|red TS Power P|ant (TSPP} |ocated on our TS Ranch |n Eureka Oounty, Nevada, |s one of the c|eanest coa|-f|red generat|on p|ants |n the wor|d. The p|ant`s em|ss|on contro|s are recogn|zed by the n|ted States Env|ronmenta| Protect|on Agency (EPA} as represent|ng best ava||ab|e contro| techno|ogy (BAOT}. ln |ts annua| performance rat|ng of power p|ants, E|ectr|c ||ght & Power cons|stent|y ranks TSPP among the top 20 e|ectr|ca| generat|ng fac|||t|es |n the country for |ts |ow su|fur d|ox|de and n|trogen ox|de em|ss|on rates. ln |ts |atest rank|ng |n 2011, our p|ant ranked tenth |n su|fur d|ox|de em|ss|on rates and fourth |n n|trogen ox|de em|ss|on rates among a|| .S. coa| p|ants. ln December 2011, the EPA |ssued a f|na| ru|e mandat|ng str|ct em|ss|on ||m|ts for a var|ety of hazardous a|r po||utants em|tted by coa|-f|red power p|ants. The ru|e requ|res max|mum ach|evab|e contro| techno|ogy (MAOT} for mercury, tox|c meta|s and ac|d gas em|ss|ons by 2015. As a resu|t of the |nsta||ed em|ss|on contro|s, our p|ant a|ready meets MAOT standards. Home / Env|ronmenta| Stewardsh|p / Oyan|de Management Approach Today`s go|d depos|ts tend to be '|nv|s|b|e," or |n more techn|ca| terms, d|ssem|nated subm|croscop|c go|d. At such |ow concentrat|ons, chem|ca| extract|on |s the on|y v|ab|e method of recover|ng the go|d from the ore, w|th the most effect|ve and econom|ca| chem|ca| be|ng sod|um cyan|de. Wh||e safer than a|ternat|ve chem|ca| agents, cyan|de can pose hea|th r|sks to humans, an|ma|s and p|ant ||fe. We carefu||y manage |ts use, transportat|on and storage to prov|de a safe work env|ronment and protect the env|ronment and commun|t|es near our operat|ons. ln 2005, Newmont became one of the 14 |n|t|a| s|gnator|es to the lnternat|ona| Oyan|de Management Oode, wh|ch prov|des the framework for manag|ng cyan|de at our operat|ons. We requ|re that our s|tes estab||sh and ma|nta|n comp||ance w|th the Oode`s !"!# %&"!'"()#* +!, -. /0+!,+&,* 12 %&+'0"'# for go|d m|n|ng operat|ons. Oomp||ance w|th the Oode requ|res |ndependent th|rd-party ver|f|cat|on through an aud|t process and recert|f|cat|on every three years. Deta||s of our comp||ance records and cop|es of the aud|t documents for each of our m|nes that use cyan|de for process|ng can be found on the 31,# 4#5*"0#. 2013 Performance ln 2013, Newmont operat|ons used 47.4 thousand tonnes of sod|um cyan|de. Ouant|t|es vary each year due to m|nera| var|at|ons |n our ore bod|es as we|| as process|ng var|ab|es. 6)15+) 78+!0"09 12 39+!",# :3;< 31!*8=#, (thousand tonnes} We cont|nued to estab||sh reg|ona| teams |n 2013 to share best pract|ce. Our Oyan|de Oode P|us Work|ng Group tracked and reported a|| |essons |earned from |nc|dents to he|p prevent recurrences. ln add|t|on, a cyan|de management res|dua| r|sk rev|ew program was deve|oped and |s be|ng p||oted |n our Austra||a/New Zea|and reg|on. Our Yanacocha operat|on trans|t|oned a|| transport of cyan|de from one-metr|c-tonne conta|ners to more secure, reusab|e lSO tanks. ln 2013, our Oar||n and |one Tree operat|ons |n Nevada ach|eved Oode recert|f|cat|on and our Tw|n Oreeks operat|on comp|eted |ts aud|t |n accordance w|th requ|rements; however, the lnternat|ona| Oyan|de Management lnst|tute (lOMl} was st||| rev|ew|ng the aud|tor`s report at year end. ln Ju|y 2013, a recert|f|cat|on aud|t found our Wa|h| operat|on to be |n substant|a| comp||ance, but a|so found def|c|enc|es re|ated to w||d||fe protect|ve measures. No s|gn|f|cant r|sk to w||d||fe occurred and there were no off-s|te re|eases or human exposures. Wa|h| |mp|emented a correct|ve act|on p|an and ach|eved recert|f|cat|on |n November 2013. Oyan|de Management We rate env|ronmenta| |nc|dents on a sever|ty sca|e of one to f|ve, and cons|der |nc|dent |eve|s one and two to be re|at|ve|y m|nor and |eve|s three to f|ve to be more s|gn|f|cant. ln 2013, we recorded f|ve |eve| 3 cyan|de-re|ated env|ronmenta| |nc|dents. There were no |eve| four and f|ve |nc|dents reported. Two |eve| 3 |nc|dents occurred at our Oar||n operat|on |n Nevada; two |eve| 3 |nc|dents occurred at our Tw|n Oreeks operat|on |n Nevada; and one |eve| 3 |nc|dent occurred at our Bodd|ngton operat|on |n Austra||a. A|| |nc|dents were re|ated to sp|||s of process water conta|n|ng cyan|de wh|ch were conta|ned on-s|te and d|d not affect water bod|es, w||d||fe or human hea|th. A|| f|ve |eve| 3 |nc|dents were reported to the appropr|ate regu|atory author|t|es, as requ|red, and a|| re|eases were c|eaned up and remed|ated. 2013 Oyan|de Oode Report|ng S|te lnc|dents of Oyan|de Exposure Resu|t|ng |n Hosp|ta||zat|on lnc|dents Where Re|ease Off the M|ne S|te Requ|red Response or Remed|at|on lnc|dents Where Re|ease On or Off the M|ne S|te Resu|ted |n S|gn|f|cant Adverse Effects to Hea|th Ahafo 0 0 0 Akyem 0 0 0 Bodd|ngton 0 0 0 Oar||n 0 0 0 Tanam| 0 0 0 Jundee 0 0 0 KOGM 0 0 0 |one Tree 0 0 0 M|das 0 0 0 Phoen|x 0 0 0 Tw|n Oreeks 0 0 0 Wa|h| 0 0 0 Yanacocha 0 0 0 Tota| 0 0 0 S|te lnc|dents Where Re|ease On or Off the M|ne S|te Resu|ted |n S|gn|f|cant Adverse Effects to the Env|ronment lnc|dents Where Re|ease On or Off the M|ne S|te Requ|red Report|ng nder App||cab|e Regu|at|ons lnc|dents Where Re|ease Oaused Exceedances of App||cab|e ||m|ts for Oyan|de Ahafo 0 0 0 Akyem 0 0 0 Bodd|ngton 0 5 0 S|te lnc|dents Where Re|ease On or Off the M|ne S|te Resu|ted |n S|gn|f|cant Adverse Effects to the Env|ronment lnc|dents Where Re|ease On or Off the M|ne S|te Requ|red Report|ng nder App||cab|e Regu|at|ons lnc|dents Where Re|ease Oaused Exceedances of App||cab|e ||m|ts for Oyan|de Oar||n 0 2 0 Tanam| 0 1 0 Jundee 0 1 0 KOGM 0 0 0 |one Tree 0 0 0 M|das 0 1 1 Phoen|x 0 0 0 Tw|n Oreeks 0 2 0 Wa|h| 0 0 0 Yanacocha 0 0 0 Tota| 0 12 1 Note: D|fferent regu|atory reg|mes have d|fferent report|ng requ|rements for cyan|de |nc|dents, wh|ch are not necessar||y ref|ected by the sever|ty sca|e of env|ronmenta| |nc|dents d|scussed |n the paragraph above. The number of |nc|dents reported |n th|s tab|e refers to s|gn|f|cant re|eases as def|ned by the Oyan|de Oode. The tota| number of cyan|de re|eases |s reported |n the 31=()"+!'# ,"*'8**"1!. Oyan|de Oode Summary Data Tota| lnc|dents of cyan|de exposure resu|t|ng |n hosp|ta||zat|on 0 lnc|dents where re|ease off the m|ne s|te requ|red response or remed|at|on 0 lnc|dents where re|ease on or off the m|ne s|te resu|ted |n s|gn|f|cant adverse effects to hea|th 0 lnc|dents where re|ease on or off the m|ne s|te resu|ted |n s|gn|f|cant adverse effects to the env|ronment 0 lnc|dents where re|ease on or off the m|ne s|te requ|red report|ng under app||cab|e regu|at|ons 12 lnc|dents where re|ease caused exceedances of app||cab|e ||m|ts for cyan|de 1 For Oyan|de Oode report|ng for prev|ous years p|ease ')"'> ?#&#. Future Focus ln 2014, we w||| conduct recert|f|cat|on aud|ts at our Yanacocha operat|on |n Peru and our Ahafo operat|on |n Ghana. Wh||e new s|tes and fac|||t|es have three years to ach|eve cert|f|cat|on under the Oyan|de Oode requ|rements, our Akyem operat|on, wh|ch ach|eved commerc|a| product|on |n 2013, w||| seek Oode cert|f|cat|on dur|ng 2014. Our Em|grant fac|||ty |n Nevada, wh|ch |s part of the Oar||n operat|on, |s work|ng toward Oode cert|f|cat|on |n 2015 |n order to a||gn w|th the recert|f|cat|on process for Oar||n`s other fac|||t|es. A|| cert|f|ed operat|ons w||| map Oyan|de Oode requ|rements to lSO 14001 env|ronmenta| management system requ|rements. F|na||y, we are deve|op|ng |nterna| and externa| aud|t|ng teams to rev|ew Oode comp||ance |n the years between forma| aud|t cyc|es. Oase Study - Oyan|de Management |n Go|d M|n|ng Wh||e go|d process|ng on|y uses around s|x percent of the hydrogen cyan|de produced annua||y, the |ndustry |s comm|tted to cont|nuous |mprovement of |ts cyan|de management pract|ces. ln 2000, a jo|nt n|ted Nat|ons Env|ronment Programme (NEP} and lnternat|ona| Oounc|| on Meta|s and the Env|ronment (lOME} workshop brought together cyan|de producers, f|nanc|a| |nst|tut|ons, regu|ators, go|d m|n|ng compan|es - |nc|ud|ng Newmont - and env|ronmenta| advocacy groups to form a Steer|ng Oomm|ttee to |mprove the management of cyan|de around the wor|d. The resu|t was the deve|opment of the lnternat|ona| Oyan|de Management Oode, wh|ch was |aunched |n 2005 w|th Newmont as one of the s|gnator|es. The |n|t|a| cert|f|cat|on process |nvo|ves |ndependent aud|tors deemed competent by the lnternat|ona| Oyan|de Management lnst|tute (lOMl}. lf any correct|ve act|ons are |dent|f|ed, those must be addressed before the report |s subm|tted for cert|f|cat|on to the lOMl. To ma|nta|n cert|f|cat|on, s|tes must conduct a th|rd-party aud|t every three years. Wh||e th|s program |s vo|untary and there are no f|nes or pena|t|es for non-conformance, |f s|tes do not recert|fy every three years, they are de-cert|f|ed and the lOMl webs|te |s updated to ref|ect the de-cert|f|cat|on. /8==+&9 +8,"0 &#(1&0* +!, +8,"01& '&#,#!0"+) 21&=* are ava||ab|e to the pub||c. Home / Env|ronmenta| Stewardsh|p / Mercury Management !"#$%#& ()*+ ,-# ./-00-120 (tonnes} ,22%34 !"#$%#& 5#16%$7-12 (tonnes} Approach Newmont does not use mercury to m|ne or extract go|d. However, mercury |s present as natura||y occurr|ng compounds |n ore at severa| of our operat|ons and go|d process|ng can generate mercury compounds. ln some of Newmont`s go|d-recovery processes, ore or ore concentrates are heated to temperatures that transform natura||y occurr|ng mercury m|nera| compounds |nto gaseous e|ementa| mercury. To prevent gaseous mercury from enter|ng the env|ronment, Newmont captures |t us|ng max|mum ach|evab|e contro| techno|ogy (MAOT} and ret|res or stores the co||ected mercury, thereby remov|ng |t from c|rcu|at|on. ln an effort to protect peop|e from the hea|th effects of mercury exposure, our hea|th and safety standards gu|de the precaut|ons we take to prevent exposure and our approach to mon|tor|ng programs. Our /"#$%#& /323*"/"27 814-$& sets targets to: Ret|re a|| byproduct mercury from c|rcu|at|on through an env|ronmenta||y acceptab|e and appropr|ate techno|ogy; Oontro| and manage po|nt source a|r em|ss|ons of mercury through the app||cat|on of MAOT (as def|ned |n the Nevada Mercury Oontro| Program} at the m|nes we operate; Act|ve|y part|c|pate |n the deve|opment of |nternat|ona| and nat|ona| po||cy that promotes awareness of mercury-re|ated r|sks, enhances sc|ent|f|c understand|ng of mercury transport and fate, and advocates mercury reduct|on, recovery and eventua| ret|rement; and Part|c|pate |n |nternat|ona| |n|t|at|ves focused on capac|ty bu||d|ng and the transfer of mercury techno|ogy for art|sana| and sma||-sca|e m|ners (ASM} to reduce the|r mercury usage, wh|ch has been |dent|f|ed as a potent|a| source of s|gn|f|cant re|eases of mercury |nto the env|ronment and re|ated ser|ous hea|th r|sks. 2013 Performance ln 2013, more than 90 countr|es and the European n|on s|gned the M|namata Oonvent|on on Mercury, an |nternat|ona| treaty des|gned to protect human hea|th and the env|ronment through contro|s and reduct|ons on products, processes and |ndustr|es where mercury |s used, re|eased or em|tted. Newmont made s|gn|f|cant techn|ca| contr|but|ons to the treaty and fu||y supports |ts |mp|ementat|on. Our Nevada operat|ons worked c|ose|y w|th the Nevada D|v|s|on of Env|ronmenta| Protect|on and the .S. Env|ronmenta| Protect|on Agency (EPA} to deve|op regu|at|ons that requ|re m|n|ng compan|es to |nsta|| and operate MAOT to reduce atmospher|c em|ss|ons of mercury. Mercury Management Our Nevada fac|||t|es comp|eted a|| MAOT |nsta||at|ons |n 2013, |nc|ud|ng a new mercury abatement system at our Tw|n Oreeks operat|on to s|gn|f|cant|y reduce em|ss|ons from autoc|ave stacks. The new system |s des|gned to meet current federa|, state and |nterna| standards as we|| as the new em|ss|ons standards tak|ng effect |n ear|y 2014. As a resu|t, we surpassed our mercury em|ss|ons reduct|on target to reduce mercury em|ss|ons from our Nevada m|nes to 500 pounds or |ess |n 2013. Actua| em|ss|ons were 252 pounds - near|y ha|f of our target reduct|on. F|na||y, our TS Power P|ant - a 242-megawatt coa|-f|red e|ectr|c|ty generat|ng p|ant - uses an act|vated carbon |nject|on system and a cont|nuous em|ss|ons mon|tor|ng system (OEMS}, one of the f|rst mercury-spec|f|c OEMS |n the n|ted States, to s|gn|f|cant|y reduce mercury stack em|ss|ons. E|ementa| Mercury (Hg} Produced (tonnes} 2009 2010 2011 2012 9:;< 131.3 71.8 53.8 39.3 9=>? Future Focus ln 2014, we w||| conduct source test|ng to conf|rm our po|nt source em|ss|on |eve|s, and |nsta|| MAOT at rema|n|ng operat|ons to further reduce mercury a|r em|ss|ons. At KOGM |n Austra||a, we are |mp|ement|ng a vo|untary mercury em|ss|ons reduct|on program that a|ms to |ower em|ss|ons by at |east 90 percent at a|| po|nt sources. Oomm|ss|on|ng |s p|anned for 2015. Oase Study - Ret|r|ng E|ementa| Mercury Yanacocha has |mp|emented an e|ementa| mercury ret|rement p|an. The operat|on ceased a|| sa|es to an |nternat|ona| broker |n ear|y 2011 and contracted w|th DE|A GmbH Recyc||ng So|ut|ons, based |n Germany, to stab|||ze and ret|re |ts ex|st|ng mercury. E|ementa| mercury that was former|y so|d |s now be|ng processed |nto mercury su|f|de - a natura||y occurr|ng form of mercury - and stored safe|y |n a cert|f|ed |egacy sa|t m|ne |n Germany. Th|s strategy ensures that Yanacocha mercury does not end up |n the hands of art|sana| and sma||-sca|e go|d m|ners, who may use the mercury |n m|n|ng methods that pose s|gn|f|cant hea|th, safety and env|ronmenta| r|sks. The DE|A stab|||zat|on process |nvo|ves the react|on of e|ementa| mercury and e|ementa| su|fur |n a vacuum m|xer that produces a stab|e, red mercury-su|f|de powder. The vacuum techno|ogy |s a v|rtua||y em|ss|ons-free process w|th demonstrated h|gh operat|ona| safety. The product of th|s process meets requ|rements for underground d|sposa| |n Germany. By year-end 2013, DE|A processed e|ght tonnes of Yanacocha mercury. An add|t|ona| 45.4 tonnes were transported from Yanacocha to a Peruv|an port pend|ng sh|pment to DE|A for stab|||zat|on and ret|rement |n 2014. Newmont uses a d|fferent path to ret|re byproduct mercury |n Nevada as the .S. Mercury Export Ban Act prec|udes us from sh|pp|ng .S.-generated mercury to Germany. The ban, wh|ch commenced on January 1, 2013, estab||shes |ong-term storage of e|ementa| mercury as the respons|b|||ty of the .S. Department of Energy (DOE}. However, DOE acceptance of mercury |s st||| severa| years away. nt|| DOE beg|ns accept|ng mercury, we - a|ong w|th other m|n|ng compan|es - are stor|ng our Nevada mercury |n an off-s|te, .S. Resource Oonservat|on and Recovery Act (RORA}-perm|tted fac|||ty. Home / Env|ronmenta| Stewardsh|p / Waste Management Approach Newmont`s operat|ons generate both m|nera| and non-m|nera| waste through m|n|ng and process|ng act|v|t|es. Our g|oba| env|ronmenta| standards for waste rock and waste management set m|n|mum requ|rements for manag|ng these wastes and app|y to a|| emp|oyees, contractors and bus|ness partners perform|ng work at our operat|ons. The m|nera|s we recover from ore bod|es typ|ca||y occur |n very |ow concentrat|ons, so m|n|ng them generates |arge vo|umes of waste. We may use these wastes as backf||| or store them |n eng|neered fac|||t|es or deep be|ow the surface of the sea. Proper management of m|nera| waste reduces costs, |mproves eff|c|enc|es and m|n|m|zes the |ong-term r|sk of |egacy |ssues re|ated to |mproper waste management. Our pr|mary m|nera| waste management methods are as fo||ows: Because our m|ne |n lndones|a |s |ocated |n an area of h|gh se|sm|c act|v|ty w|th heavy ra|nfa|| and rugged terra|n, bu||d|ng a |and-based ta|||ngs storage fac|||ty poses a r|sk to surround|ng farm|and and forests. Based on an |ndependent env|ronmenta| |mpact ana|ys|s, government regu|ators determ|ned that deep-sea ta|||ngs p|acement - a method that transports ta|||ngs offshore and onto the seabed - presented a |ower r|sk to the env|ronment, peop|e and the|r ||ve||hoods. We conduct extens|ve env|ronmenta| mon|tor|ng - |nc|ud|ng water qua||ty, b|ota and sed|ment samp||ng - to ver|fy that th|s system |s funct|on|ng as des|gned, and |nv|te government regu|ators and |ndependent experts to part|c|pate |n the mon|tor|ng process. These efforts are supported by the lndones|an lnst|tute of Sc|ences, wh|ch has the expert|se, spec|a||zed equ|pment and oceanograph|c research vesse|s to conduct the deep sea work. Ac|d rock dra|nage (ARD} |s generated when water comes |nto contact w|th certa|n m|nera|s |n the rock that are ox|d|zed by exposure to a|r, prec|p|tat|on and natura||y occurr|ng bacter|a, caus|ng a chem|ca| react|on that creates ac|d. The re|ease of these substances has the potent|a| to adverse|y affect surface and groundwater qua||ty. To ||m|t potent|a| env|ronmenta| |mpacts from ARD, our operat|ons |mp|ement s|te-spec|f|c management strateg|es so that the des|gn and operat|on of m|nera| waste storage fac|||t|es m|n|m|ze ARD r|sks. ln those Waste Management |nstances where prevent|on |s not poss|b|e, appropr|ate management measures, such as the co||ect|on and treatment of ARD, are used to protect human hea|th and the env|ronment. We seek to m|n|m|ze the quant|ty of hazardous and non-hazardous waste we generate by rep|ac|ng hazardous chem|ca|s w|th |ess hazardous products whenever poss|b|e. Every effort |s made to recyc|e or reuse hazardous and non-hazardous wastes. A|| of our s|tes recyc|e scrap meta|s and waste o||. Our Batu H|jau operat|on |n lndones|a has the capab|||ty to burn waste o|| |n the power p|ant to he|p generate e|ectr|c|ty. And at our Jundee and Tanam| operat|ons |n Austra||a, !"#$$ &'()'*!*$ +#,-(.'*! -/.0 1#!-* ,((2'03 ('$ '0-( &'()'*!*$ to run veh|c|es and d|ese| generators. P|ast|c, g|ass and paper products are recyc|ed as we|| where a v|ab|e market ex|sts. 2013 Performance Newmont generated approx|mate|y 60.4 thousand tonnes (66.6 thousand tons} of non-hazardous so||d waste and 63.6 thousand tonnes (70.1 thousand tons} of hazardous so||d waste at |ts operat|ons |n 2013. Hazardous wastes from m|n|ng operat|ons |nc|ude used petro|eum products, such as o||, and |esser amounts of |aboratory wastes and chem|ca|s. Most of our waste o|| |s recyc|ed. Some |s burned on-s|te, such as |n the power p|ant at our Batu H|jau operat|on |n lndones|a and |n the ||me process|ng k||n at our Yanacocha operat|on |n Peru. The |ncrease |n hazardous waste reported |n 2013 pr|mar||y was re|ated to coa| ash from e|ectr|c|ty generat|on at our Batu H|jau operat|on. We manage th|s coa| ash |n a des|gnated |andf||| and a|so send |t off-s|te for recyc||ng |nto other products. Other contr|butors to the |ncrease |nc|ude the add|t|on of Akyem operat|ons to the reported data set, and |ncreased generat|on of waste o|| from add|t|ona| trucks |n our f|eet. 4#5#.)(/! #0) 6(074#5#.)(/! 8($') 9#!-* (thousand tonnes} :;<= 4#5#.)(/! 9#!-* >#0#3*"*0- (m||||on tonnes} Waste Rock/Ore Moved n|ts 2009 2010 2011 2012 :;<= Tota| waste rock generated M||||on tonnes 377.4 419.2 483.6 559.6 ?@ABC Potent|a||y ac|d-generat|ng waste rock M||||on tonnes 128.0 179.9 244.4 288.5 :D=BE Non-potent|a||y ac|d-generat|ng waste rock M||||on tonnes 249.4 239.4 239.2 271.1 :C?B= Tota| ta|||ngs M||||on tonnes 109.4 137.5 129.8 145.4 <C=B; Ta|||ngs to surface M||||on tonnes 68.5 93.2 96.7 112.3 <=DBA ln-p|t ta|||ngs M||||on tonnes 1.1 1.8 1.3 1.3 <B= Sub-surface ta|||ngs M||||on tonnes 0.0 0.0 0.0 0.0 ;B; Sub-sea ta|||ngs M||||on tonnes 39.7 42.5 31.7 31.8 =<BD Tota| hazardous waste Thousand tonnes 19.3 28.3 36.2 28.5 @=B@ Tota| hazardous waste sent off-s|te but not recyc|ed Thousand tonnes 1.8 3.7 3.6 4.0 :B@ Tota| hazardous waste treated/d|sposed of on-s|te Thousand tonnes 2.5 11.4 12.3 15.1 =?B@ Tota| hazardous waste recyc|ed Thousand tonnes 14.9 13.2 20.3 9.4 :?BE Tota| non-hazardous waste Thousand tonnes 83.2 68.7 77.1 72.4 @;BE Tota| non-hazardous waste to |andf||| (househo|d and |ndustr|a| waste} Thousand tonnes 38.2 31.9 29.2 24.2 <EB@ Tota| non-hazardous waste sent to other |ocat|ons Thousand tonnes 22.1 16.9 22.3 20.3 :;B< Tota| non-hazardous recyc|ed waste removed from s|te Thousand tonnes 22.7 19.2 25.0 27.7 :?BC Tota| non-hazardous waste |nc|nerated Thousand tonnes 0.2 0.6 0.6 0.1 ;B< Product|on Data n|ts 2009 2010 2011 2012 :;<= Go|d sa|es M||||on ounces 6.24 6.45 5.90 5.58 ?BE@ Oopper sa|es M||||on pounds 284.47 600.44 351.7 224.23 ::CBEE Ore m|ned M||||on tonnes 259.96 205.18 188.02 153.91 :;@BAC Ore to |each pad M||||on tonnes 134.12 68.88 61.12 62.87 C=B=A Product|on Data n|ts 2009 2010 2011 2012 :;<= Ore m|||ed M||||on tonnes 87.29 116.11 109.77 111.54 <<?B;: Waste rock M||||on tonnes 330.38 455.81 506.92 480.87 @:;B=C Tota| rock removed (ore m|ned + waste rock} M||||on tonnes 590.34 660.99 694.94 634.78 A:CB:E Note: Reported vo|umes of Waste Rock were corrected dat|ng back to 2009. Th|s correct|on a|so resu|ted |n a correct|on to the ca|cu|at|on of Tota| Rock Moved. Mater|a|s sage n|ts 2009 2010 2011 2012 :;<= Oement Thousand tonnes 107.7 63.0 48.0 79.3 D=B@ Oyan|de (ON} Thousand tonnes 43.0 47.8 51.0 52.3 ECBE Gr|nd|ng med|a Thousand tonnes 95.5 106.7 106.6 98.4 <;EB< ||me Thousand tonnes 538.2 522.5 470.1 503.1 EC:BC T|res (by we|ght} Thousand tonnes 15.4 14.2 13.8 14.0 <?B; |ubes Thousand k| 12.9 12.3 14.3 13.1 <=BA HO| Thousand k| 8.5 6.8 7.2 5.9 @BC H SO Thousand k| 33.6 17.9 56.3 58.6 ?ABD Ooa| Thousand tonnes 513.8 528.5 1,141.2 1,106.0 <F:;<B= D|ese| Thousand k| 674.9 589.4 640.9 657.9 @CDBE Waste o|| Thousand k| 4.4 1.7 1.5 0.5 ;B; Gaso||ne Thousand k| 4.7 4.9 5.0 5.3 ?BE Natura| gas Thousand g|gajou|es (GJ} 2,094.52 3,044.07 2,957.32 2,993.56 :FA?ABDA Propane Thousand k| 12.3 9.1 10.4 7.6 @B< Heavy fue| o|| Thousand k| 4.7 84.4 95.7 6.4 @BC Av|at|on fue| Thousand k| 0.1 0.1 0.1 0.6 ;BE ANFO Thousand tonnes 1.4 62.6 48.2 36.5 :<BD Heavy ANFO Thousand tonnes 17.3 0.0 0.0 0.8 DB; Emu|s|on Thousand tonnes 88.1 99.9 112.6 84.5 ADBC Note: The quant|ty of emu|s|on consumed was corrected for 2012. 2 4 The fo||ow|ng tab|e presents data regard|ng the percentage of a spec|f|c mater|a| we use |n our m|nera| process|ng that |s made up of recyc|ed mater|a|. For |nstance, |n 2013, 79 percent of the gr|nd|ng med|a we used was made from recyc|ed scrap meta|. Recyc|ed lnput Mater|a|s 2009 2010 2011 2012 :;<= Recyc|ed cement 0.00% 0.00% 0.00% 0.00% ;B;;G Recyc|ed sod|um cyan|de 0.00% 0.00% 0.00% 0.00% ;B;;G Recyc|ed gr|nd|ng med|a 64.76% 55.96% 75.10% 78.05% CABAAG Recyc|ed ||me 0.00% 0.00% 0.00% 0.00% ;B;;G Recyc|ed t|res 0.73% 0.17% 0.35% 0.17% ;B:EG Recyc|ed |ubes 0.00% 21.49% 18.15% 21.02% <AB@?G Recyc|ed H SO 0.00% 0.00% 0.00% 0.00% ;B;;G Recyc|ed HO| 100.00% 17.73% 7.76% 12.47% <?B@AG Future Focus We updated our Waste Management Standard |n 2013 and expect to f|na||ze and |mp|ement |t |n 2014. Th|s standard c|ar|f|es requ|rements for manag|ng hazardous and non-hazardous waste by comb|n|ng mu|t|p|e standards |nto one. We w||| a|so |mp|ement updated standards for Waste Rock and Ore Stockp||e Management and Ta|||ngs & Heap |each Fac|||t|es Management |n 2014. 2 4 Oase Study - Out of the Fry|ng Pan and lnto the Truck Newmont`s Jundee and Tanam| operat|ons |n Western Austra||a are |n remote |ocat|ons that |nc|ude on-s|te m|n|ng camps for the f|y-|n, f|y-out workforce. At both operat|ons, the cook|ng o|| used by the camp`s k|tchen |s be|ng converted |nto b|od|ese| and used to run veh|c|es and d|ese| generators. The process re||es on sma||, |nexpens|ve b|od|ese| p|ants, and generated 1,000 ||ters of b|od|ese| |n 2013, wh|ch was used to run some of the m|ne`s ||ght commerc|a| trucks. B|od|ese| has a number of benef|ts over petro|eum d|ese|: |t |s carbon-neutra|, non-tox|c, b|odegradab|e, renewab|e and su|fur-free. lt |s a|so cheaper, produces |ess exhaust, and has a h|gher |ubr|c|ty to he|p pro|ong eng|ne ||fe. Newmont saves money by convert|ng cook|ng o|| to b|od|ese| through |ower|ng costs re|ated to d|spos|ng the o|| and sh|pp|ng |t to Perth. Home / Env|ronmenta| Stewardsh|p / O|osure and Rec|amat|on Approach O|osure and rec|amat|on of a m|n|ng property can |ast from a few years to |ndef|n|te|y, depend|ng on the c|rcumstances. We are comm|tted to restor|ng the |and d|sturbed by m|n|ng to prov|de |ong-term benef|ts for commun|t|es and to foster the return of nat|ve p|ant and an|ma| spec|es. ln keep|ng w|th our O|osure and Rec|amat|on Standard, each Newmont operat|on must deve|op and |mp|ement a c|osure and rec|amat|on p|an that prov|des for |ong-term env|ronmenta| stab|||ty and su|tab|e benef|c|a| |and uses after m|n|ng ceases. These c|osure p|ans must be |n p|ace at the onset of construct|on and operat|on, ref|ect|ng m|ne des|gn and p|ann|ng. The standard a|so ca||s for ear|y and ongo|ng p|ann|ng and stakeho|der engagement to: Ensure that the costs to c|ose the m|ne are factored |nto the bus|ness dec|s|on to deve|op the m|ne |n the f|rst p|ace; lncrease the ||ke||hood of ga|n|ng acceptance from key stakeho|ders and obta|n|ng approva|s; M|n|m|ze the |mpact to the env|ronment and r|sk of ongo|ng ||ab|||ty; Reduce the overa|| cost of c|osure; lncrease the ||ke||hood of rehab|||tat|on success; and lncrease the ||ke||hood of estab||sh|ng susta|nab|e benef|ts for the commun|ty beyond m|ne c|osure. Oross-funct|ona| c|osure and rec|amat|on techn|ca| teams (ORTTs} are formed to eva|uate the effect|veness of c|osure and rec|amat|on p|ann|ng and act|v|t|es. We encourage m|ne s|tes to rev|ew and update c|osure p|ans w|th externa| stakeho|ders over the ||fe of the m|ne. Ourrent|y 13 of our 14 operat|ons report that |oca| stakeho|ders are |nc|uded |n the rev|ew process every t|me an event - such as a perm|t change, m|ne expans|on or env|ronmenta| |mpact assessment - warrants a rev|ew of the m|ne c|osure p|an. We be||eve that rec|a|m|ng |and wh||e we are st||| m|n|ng - or concurrent rec|amat|on - |s the best approach for a successfu| and susta|nab|e post-c|osure outcome. P|ann|ng and budget|ng for concurrent rec|amat|on |s conducted before operat|ons beg|n. Ooncurrent rec|amat|on he|ps m|n|m|ze ac|d rock dra|nage, dust and sed|ment |mpacts to the |oca| env|ronment; a||ows t|me to test opt|ons; takes advantage of the equ|pment and personne| a|ready on s|te; and reduces the t|me requ|red post-c|osure to ach|eve a successfu| outcome. 2013 Performance At the end of 2013, a|| of our s|tes had c|osure and rec|amat|on p|ans |n p|ace. Dur|ng the year, an add|t|ona| 657 hectares were d|sturbed g|oba||y by our operat|ons, br|ng|ng the tota| cumu|at|ve d|sturbed ground to 33,894 hectares. Ooncurrent rec|amat|on |s be|ng carr|ed out on 4,268 hectares across our operat|ng s|tes. O|osure and Rec|amat|on Oountry Rec|amat|on Area (ha} Ghana 38.3 Peru 502.5 Nevada 3,092 Austra||a/New Zea|and 560.9 lndones|a (Batu H|jau} 74.59 To ensure we |eave a pos|t|ve |egacy and meet a|| |ega| and regu|atory requ|rements, the fo||ow|ng funds were accrued at year end for rec|amat|on costs re|at|ng to current|y or recent|y produc|ng m|nera| propert|es |n accordance w|th F|nanc|a| Account|ng Standard (FAS} No. 143: December 31, 2013: $1,432 m||||on December 31, 2012: $1,341 m||||on December 31, 2011: $1,070 m||||on December 31, 2010: $904 m||||on We a|so are |nvo|ved |n severa| matters concern|ng env|ronmenta| ob||gat|ons assoc|ated w|th former m|n|ng act|v|t|es. Genera||y these matters ca|| for deve|op|ng and |mp|ement|ng remed|at|on p|ans at the var|ous s|tes |nvo|ved. For more deta||s of Newmont`s c|osure and rec|amat|on costs, p|ease see the !"#$ #"&' ()*+(,, pages 86 and 119. Amount of |and D|sturbed or Rehab|||tated |and D|sturbance (thousand hectares} 2009 2010 2011 2012 !"#$ New d|sturbance dur|ng report|ng per|od 0.4 0.4 0.96 1.28 "-.. Tota| rec|amat|on |n progress 5.0 5.3 5.5 4.7 /-$ Ach|eved rec|amat|on (to agreed upon end use} dur|ng report|ng per|od 0.4 0.009 0.08 0.00 "-". Tota| d|sturbance not yet rec|a|med to agreed upon end use at end of report|ng per|od 28.4 28.8 31.8 33.4 $$-0 Future Focus Our 2014 object|ve |s to |mprove our c|osure and rec|amat|on performance. To ach|eve th|s, we w|||: pdate and |mp|ement our O|osure and Rec|amat|on Standard and expand our stakeho|der engagement process; Further enhance cross-funct|ona| co||aborat|on |n p|ann|ng and execut|on of c|osure and rec|amat|on; Deve|op and report on rec|amat|on metr|cs w|th the goa| of expand|ng concurrent rec|amat|on act|v|t|es; and Reduce |ong-term post-operat|ona| act|v|t|es. Oase Study - Ooncurrent Rec|amat|on at Batu H|jau At our Batu H|jau m|ne on the lndones|an |s|and of Sumbawa, |and rec|amat|on and restorat|on act|v|t|es began |n 1997 - pr|or to f|rst product|on - and cont|nue today. These act|v|t|es are ca||ed concurrent rec|amat|on because they take p|ace wh||e m|nera| resources are st||| be|ng deve|oped |n other parts of the m|n|ng area. Successfu| concurrent rec|amat|on at Batu H|jau |s measured by var|ous cr|ter|a |nc|ud|ng: prevent|ng so|| eros|on, protect|ng water qua||ty, restor|ng vegetat|on and nat|ve p|ant spec|es, and |ncreas|ng fauna reco|on|zat|on or usage. Throughout the ||fe of the m|ne, a revegetat|on mon|tor|ng program |s carr|ed out to ensure that rec|amat|on efforts are effect|ve|y contro|||ng eros|on, and meet|ng commun|ty expectat|ons and regu|atory requ|rements for the proposed |and use after the m|ne c|oses. ln lndones|a, the government requ|res Newmont to set as|de funds through a rec|amat|on bond to ensure that the Oompany |mp|ements env|ronmenta| protect|on measures, and to prov|de funds for rec|amat|on |n the event the Oompany cannot meet |ts ob||gat|ons. Regu|atory agenc|es carry out rec|amat|on mon|tor|ng on an annua| bas|s and conduct a more |n-depth eva|uat|on of these act|v|t|es every f|ve years. ln 2013, lndones|an regu|atory agenc|es conducted a deta||ed assessment - ana|yz|ng each p|ant - on more than 40 hectares of rec|a|med |and, and determ|ned that the Oompany met the government`s requ|rements. As a resu|t, the 40 hectares were deducted from certa|n tax ob||gat|ons and Batu H|jau was a||owed to w|thdraw a s|gn|f|cant amount of |ts rec|amat|on bond. Home / Env|ronmenta| Stewardsh|p / Oomp||ance Approach Newmont`s goa| |s to prevent |nc|dents that |mpact peop|e, w||d||fe and the env|ronment. When they do occur, we are comm|tted to transparent report|ng and fu|| m|t|gat|on. Each Newmont-operated s|te must adhere to our overarch|ng Env|ronmenta| M|ss|on Statement: Newmont w|||, at a|| t|mes, operate |ts fac|||t|es |n comp||ance w|th app||cab|e |aws and regu|at|ons; Newmont w||| adopt and adhere to standards that are protect|ve of both human hea|th and the env|ronment at the fac|||t|es |t bu||ds and operates; and Each Newmont operat|on w||| deve|op dur|ng the des|gn phase, and |mp|ement dur|ng operat|ons and c|osure, a c|osure and rec|amat|on p|an that prov|des for |ong-term env|ronmenta| stab|||ty and su|tab|e post-m|n|ng benef|c|a| |and uses. 2013 Performance At the end of 2013, 12 of our 13 act|ve operat|ng s|tes that use cyan|de were cert|f|ed or recert|f|ed as comp||ant w|th the !"#$%&' (#$#)'*'$+ !-&'. Our Tw|n Oreeks operat|on comp|eted |ts aud|t |n accordance w|th the requ|rements; however, the lnternat|ona| Oyan|de Management lnst|tute (lOMl} was st||| rev|ew|ng the aud|tor`s report at year end. We requ|re lSO 14001 cert|f|cat|on of our env|ronmenta| management systems at a|| of our operated s|tes. Th|s requ|res annua| th|rd-party aud|ts to ensure that we are work|ng to m|n|m|ze our env|ronmenta| |mpacts, and sett|ng and ach|ev|ng env|ronmenta| object|ves. ln 2013, a|| Newmont-operated s|tes ma|nta|ned lSO 14001 cert|f|cat|on of the|r env|ronmenta| management systems w|th the except|on of Akyem |n Ghana. Akyem began operat|ons |n |ate 2013 and |s current|y work|ng to ach|eve cert|f|cat|on. We conduct |nterna| aud|ts of a|| our operat|ng s|tes on a ro|||ng three-year t|meframe to assess comp||ance w|th a|| app||cab|e env|ronmenta| regu|atory |aws and comm|tments. Our operat|ons hosted 116 |nspect|ons by regu|atory agenc|es |n 2013 and rece|ved no sanct|ons. We d|d |ncur two f|nes tota||ng $104,005 re|ated to the fo||ow|ng env|ronmenta| matters: Yanacocha pa|d a $93,611 f|ne for |mproper waste rock management |mpact|ng a stream and |mproper sed|ment management contro|s, both of wh|ch occurred |n 2009. Our Oar||n operat|on |n Nevada pa|d a $10,394 f|ne for |mproper storage and d|sposa| of a hazardous waste. Re|eases by Number of lnc|dents 2009 2010 2011 2012 ./01 Tota| re|eases on-s|te 81 92 80 68 2/ Tota| re|eases off-s|te 0 0 0 1 0 Tota| re|eases 81 92 80 69 20 Oyan|de re|eases 76 88 80 60 34 Mercury re|eases 2 0 0 2 / Hydrocarbon re|eases 1 2 0 3 0 Ohem|ca| re|eases 0 0 0 2 0 Oomp||ance Re|eases by Number of lnc|dents 2009 2010 2011 2012 ./01 Other re|eases 2 2 0 2 / Tota| |eve| 3 re|eases 5 8 6 11 2 Tota| |eve| 4 re|eases 0 0 0 0 / Tota| |eve| 5 re|eases 0 0 0 0 / Re|eases by vo|ume (k|} 2009 2010 2011 2012 ./01 Oyan|de 1,154 255 834 90 15121 Mercury re|ease mass 0 0 0 0 / Hydrocarbon 1 2 0 3 0 Ohem|ca| 0 0 0 44 2.1 Other 0 0 0 310 / Note: A|| cyan|de re|eases |n 2013 were on-s|te and ||ke|y of |ow concentrat|on cyan|de content, conta|ned w|th|n the s|te boundar|es and remed|ated accord|ng to app||cab|e regu|at|ons. F|nes and Sanct|ons 2009 2010 2011 2012 ./01 Tota| number of f|nes 3 4 1 4 . Monetary va|ue of f|nes $4,969,546 $100,584 $8,000 $161,339 60/75//8 Tota| number of sanct|ons 2 3 2 0 / Future Focus ln 2014, Oyan|de Oode recert|f|cat|ons are due at our Yanacocha and Ahafo operat|ons. By the end of 2014 we ant|c|pate comp|et|ng the |n|t|a| Oode cert|f|cat|on for the Akyem operat|on that recent|y entered commerc|a| product|on, and we w||| be work|ng toward cert|fy|ng our Em|grant fac|||ty, wh|ch |s part of the Oar||n operat|on. We w||| a|so focus on f|na||z|ng the lSO 14001 cert|f|cat|on for Akyem wh||e ma|nta|n|ng our lSO 14001 cert|f|cat|ons at ex|st|ng s|tes. F|na||y, we w||| refresh our |nterna| aud|t program, wh|ch |s necessary due to the |mp|ementat|on of the updated S&ER Standards |n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ome / Performance / GRl lndex Our susta|nab|||ty report |s gu|ded by the G|oba| Report|ng ln|t|at|ve`s (GRl} framework, wh|ch |s recogn|zed as the |nternat|ona| standard for susta|nab|||ty report|ng and used by more than 1,100 compan|es wor|dw|de. Th|s report a|so ref|ects our report|ng ob||gat|ons as a found|ng member of the lnternat|ona| Oounc|| on M|n|ng and Meta|s (lOMM} and |n accordance w|th |ts comm|tments under the vo|untary Pr|nc|p|es on Secur|ty and Human R|ghts (vPSHR}, the n|ted Nat|ons G|oba| Oompact and the G|oba| Su|||van Pr|nc|p|es. Th|s report |s deve|oped |n accordance w|th the GRl G3 Gu|de||nes and M|n|ng & Meta|s Sector Supp|ement at an A+ |eve|. We p|an to a||gn w|th the G4 Gu|de||nes |n our 2014 susta|nab|||ty report. We have engaged Bureau ver|tas North Amer|ca lnc. to |ndependent|y assure our report for |nc|us|v|ty, comp|eteness, respons|veness and accuracy on mater|a| and s|gn|f|cant susta|nab|||ty matters. Notes & Abbrev|at|ons v|s|on and Strategy v|s|on and Strategy GRl lnd|cator Descr|pt|on lnc|uded Part|a||y Not lnc|uded |ocat|on G|oba| Oompact lOMM Su|||van Pr|nc|p|es 1.1 Statement from the most sen|or dec|s|on maker of the organ|zat|on. Overv|ew - Oh|ef Execut|ve`s Message 8 1 1.2 Descr|pt|on of key |mpacts, r|sks and opportun|t|es. Overv|ew - Our Susta|nab|||ty Strategy and Our Pr|or|t|es, Governance - R|sk Management, 10K Report 4 Newmont Prof||e GRl lnd|cator Descr|pt|on lnc|uded Part|a||y Not lnc|uded |ocat|on G|oba| Oompact lOMM Su|||van Pr|nc|p|es 2.1 Name of the organ|zat|on. Oover page, Overv|ew - Our Bus|ness
2.2 Pr|mary brands, products and/or serv|ces. Overv|ew - Our Bus|ness 2.3 Operat|ona| structure of the organ|zat|on, |nc|ud|ng ma|n d|v|s|ons, operat|ng compan|es, subs|d|ar|es and jo|nt ventures. Overv|ew - Our Bus|ness and About Th|s Report
2.4 |ocat|on of organ|zat|on`s headquarters. Overv|ew - Our Bus|ness (1} (2} (3} (4} (1} (2} (3} (4} GRl lndex Notes & Abbrev|at|ons GRl lnd|cator Descr|pt|on lnc|uded Part|a||y Not lnc|uded |ocat|on G|oba| Oompact lOMM Su|||van Pr|nc|p|es 2.5 Number of countr|es where the organ|zat|on operates, and names of countr|es w|th e|ther major operat|ons or that are spec|f|ca||y re|evant to the susta|nab|||ty |ssues covered |n the report. Overv|ew - Our Bus|ness 2.6 Nature of ownersh|p and |ega| form. Overv|ew - Our Bus|ness 2.7 Markets served (|nc|ud|ng geograph|c breakdown, sectors served and types of customers/benef|c|ar|es}. Overv|ew - Our Bus|ness, 10K Report
2.8 Sca|e of the report|ng organ|zat|on. Overv|ew - Our Bus|ness 2.9 S|gn|f|cant changes dur|ng the report|ng per|od regard|ng s|ze, structure or ownersh|p. Overv|ew - Our Bus|ness 2.10 Awards rece|ved |n the report|ng per|od. Performance - lnd|ces and Awards
Report Parameters GRl lnd|cator Descr|pt|on lnc|uded Part|a||y Not lnc|uded |ocat|on G|oba| Oompact lOMM Su|||van Pr|nc|p|es 3.1 Report|ng per|od (e.g., f|sca|/ca|endar year} for |nformat|on prov|ded. Overv|ew - About Th|s Report
3.2 Date of most recent prev|ous report (|f any}. Overv|ew - About Th|s Report
3.4 Oontact po|nt for quest|ons regard|ng the report or |ts contents. Overv|ew - About Th|s Report
3.5 Process for def|n|ng report content. Overv|ew - Our Bus|ness, Mater|a||ty
3.6 Boundary of the report (e.g., countr|es, d|v|s|ons, subs|d|ar|es, |eased fac|||t|es, jo|nt ventures, supp||ers}. See GRl Boundary Protoco| for further gu|dance. Overv|ew - About Th|s Report
(1} (2} (3} (4} (1} (2} (3} (4} Notes & Abbrev|at|ons GRl lnd|cator Descr|pt|on lnc|uded Part|a||y Not lnc|uded |ocat|on G|oba| Oompact lOMM Su|||van Pr|nc|p|es 3.7 State any spec|f|c ||m|tat|ons on the scope or boundary of the report (see comp|eteness pr|nc|p|e for exp|anat|on of scope}. Overv|ew - About Th|s Report
3.8 Bas|s for report|ng on jo|nt ventures, subs|d|ar|es, |eased fac|||t|es, outsourced operat|ons, and other ent|t|es that can s|gn|f|cant|y affect comparab|||ty from per|od to per|od and/or between organ|zat|ons. Overv|ew - About Th|s Report
3.9 Data measurement techn|ques and the bases of ca|cu|at|ons, |nc|ud|ng assumpt|ons and techn|ques under|y|ng est|mat|ons app||ed to the comp||at|on of the |nd|cators and other |nformat|on |n the report. Exp|a|n any dec|s|ons not to app|y, or to substant|a||y d|verge from, the GRl lnd|cator Protoco|s. Overv|ew - About Th|s Report
3.10 Exp|anat|on of the effect of any restatements of |nformat|on prov|ded |n ear||er reports, and the reasons for such restatements (e.g., mergers/acqu|s|t|ons, change of base years/per|ods, nature of bus|ness, measurement methods}. Overv|ew - About Th|s Report
3.11 S|gn|f|cant changes from prev|ous report|ng per|ods |n the scope, boundary, or measurement methods app||ed |n the report. Overv|ew - Our Bus|ness and About Th|s Report
3.12 Tab|e |dent|fy|ng the |ocat|on of the Standard D|sc|osures |n the report. Performance - GRl lndex 3.13 Po||cy and current pract|ce w|th regard to seek|ng externa| assurance for the report. Overv|ew - About Th|s Report, Performance - GRl lndex, Performance - Report Assurance 10 (1} (2} (3} (4} Engagement and Management Governance, Oomm|tments and Engagement GRl lnd|cator Descr|pt|on lnc|uded Part|a||y Not lnc|uded |ocat|on G|oba| Oompact lOMM Su|||van Pr|nc|p|es 4.1 Governance structure of the organ|zat|on, |nc|ud|ng comm|ttees under the h|ghest governance body respons|b|e for spec|f|c tasks, such as sett|ng strategy or organ|zat|ona| overs|ght. Governance - |eadersh|p 1,2 4.2 lnd|cate whether the Oha|r of the h|ghest governance body |s a|so an execut|ve off|cer. Governance - |eadersh|p 1 4.3 For organ|zat|ons that have a un|tary board structure, state the number of members of the h|ghest governance body that are |ndependent and/or non-execut|ve members. Governance - |eadersh|p 1,2 4.4 Mechan|sms for shareho|ders and emp|oyees to prov|de recommendat|ons or d|rect|on to the h|ghest governance body. Governance - |and|ng Page and |eadersh|p 2,3 4.5 ||nkage between compensat|on for members of the h|ghest governance body, sen|or managers, and execut|ves (|nc|ud|ng departure arrangements}, and the organ|zat|on`s performance (|nc|ud|ng soc|a| and env|ronmenta| performance}. Governance - |and|ng Page and |eadersh|p 2 4.6 Processes |n p|ace for the h|ghest governance body to ensure conf||cts of |nterest are avo|ded. Governance - R|sk Management and Oode of Oonduct 1 4.7 Process for determ|n|ng the qua||f|cat|ons and expert|se of the members of the h|ghest governance body for gu|d|ng the organ|zat|on`s strategy on econom|c, env|ronmenta| and soc|a| top|cs. Governance - |eadersh|p 1 4.8 lnterna||y deve|oped statements of m|ss|on or va|ues, codes of conduct, and pr|nc|p|es re|evant to econom|c, env|ronmenta|, and soc|a| performance and the status of the|r |mp|ementat|on. Governance - Oode of Oonduct 2,10 (1} (2} (3} (4} GRl lnd|cator Descr|pt|on lnc|uded Part|a||y Not lnc|uded |ocat|on G|oba| Oompact lOMM Su|||van Pr|nc|p|es 4.9 Procedures of the h|ghest governance body for oversee|ng the organ|zat|on`s |dent|f|cat|on and management of econom|c, env|ronmenta|, and soc|a| performance, |nc|ud|ng re|evant r|sks and opportun|t|es, and adherence to or comp||ance w|th |nternat|ona||y agreed upon standards, codes of conduct, and pr|nc|p|es. Governance - Oode of Oonduct and |eadersh|p 1,2,4,9 7 4.10 Processes for eva|uat|ng the h|ghest governance body`s own performance, part|cu|ar|y w|th respect to econom|c, env|ronmenta| and soc|a| performance. Governance - |eadersh|p 2,10 4.11 Exp|anat|on of whether and how the precaut|onary approach or pr|nc|p|e |s addressed by the organ|zat|on. Governance - R|sk Management 4,10 4.12 Externa||y deve|oped econom|c, env|ronmenta| and soc|a| charters, pr|nc|p|es, or other |n|t|at|ves wh|ch the organ|zat|on subscr|bes to or endorses. Governance - vo|untary Oomm|tments, Oommun|ty Re|at|onsh|ps - Human R|ghts 10 4.13 Membersh|ps |n assoc|at|ons (such as |ndustry assoc|at|ons} and/or nat|ona|/|nternat|ona| advocacy organ|zat|ons |n wh|ch the organ|zat|on: has pos|t|ons |n governance bod|es; part|c|pates |n projects or comm|ttees; prov|des substant|ve fund|ng beyond rout|ne membersh|p dues; or v|ews membersh|p as strateg|c. Overv|ew - Our Susta|nab|||ty Strategy, Governance - vo|untary Oomm|tments 8,10 4.14 ||st of stakeho|der groups engaged by the organ|zat|on. Overv|ew - Our Susta|nab|||ty Strategy 9,10 4.15 Bas|s for |dent|f|cat|on and se|ect|on of stakeho|ders w|th whom to engage. Overv|ew - Our Susta|nab|||ty Strategy 9,10 4.16 Approaches to stakeho|der engagement, |nc|ud|ng frequency of engagement by type and by stakeho|der group. Overv|ew - Our Susta|nab|||ty Strategy and Our Pr|or|t|es, Oommun|ty Re|at|onsh|ps - Oommun|ty Engagement and lnd|genous and Tr|ba| Oommun|t|es 9,10 4.17 Key top|cs and concerns that have been ra|sed through stakeho|der engagement, and how the organ|zat|on has responded to those key top|cs and concerns, |nc|ud|ng through |ts report|ng. Overv|ew - Our Pr|or|t|es, Oommun|ty Re|at|onsh|ps - Oommun|ty Engagement and lnd|genous and Tr|ba| Oommun|t|es 9,10 (1} (2} (3} (4} Econom|c Performance Econom|c Performance GRl lnd|cator Descr|pt|on lnc|uded Part|a||y Not lnc|uded |ocat|on G|oba| Oompact lOMM Su|||van Pr|nc|p|es DMA EO D|sc|osure on management approach EO |} Goa|s and performance ||} Po||cy |||} Add|t|ona| contextua| |nformat|on Econom|c Deve|opment - |and|ng Page, Econom|c Oontr|but|ons, |oca| H|r|ng and Sk|||s Deve|opment, |oca| Purchas|ng, Oommun|ty lnfrastructure and Oapac|ty Bu||d|ng, Peop|e - Recru|tment and Retent|on and G|oba| lnc|us|on and D|vers|ty, Oarbon Management Po||cy, Oode of Eth|cs for Sen|or F|nanc|a| Off|cers, Oode of Bus|ness Eth|cs and Oonduct - Our Oomm|tment to the Oompany, Our Re|at|onsh|ps, and Our Oomm|tment to Our Oommun|t|es, Soc|a| Respons|b|||ty Po||cy, Waste Management
Econom|c Performance EO1 D|rect econom|c va|ue generated and d|str|buted, |nc|ud|ng revenues, operat|ng costs, emp|oyee compensat|on, donat|ons and other commun|ty |nvestments, reta|ned earn|ngs, and payments to cap|ta| prov|ders and governments. Econom|c Deve|opment - |and|ng Page, Econom|c Oontr|but|ons, |oca| H|r|ng and Sk|||s Deve|opment, |oca| Purchas|ng, Oommun|ty lnfrastructure, Oapac|ty Bu||d|ng 9 EO2 F|nanc|a| |mp||cat|ons and other r|sks and opportun|t|es for the organ|zat|on`s act|v|t|es due to c||mate change. Env|ronmenta| Stewardsh|p - Energy and O||mate Ohange 7 9 EO3 Ooverage of the organ|zat|on`s def|ned benef|t p|an ob||gat|ons. Peop|e - Recru|tment and Retent|on, 10K Report 9 EO4 S|gn|f|cant f|nanc|a| ass|stance rece|ved from government. Econom|c Deve|opment - Econom|c Oontr|but|ons 9 Market Presence EO5 Range of rat|os of standard entry-|eve| wage compared to |oca| m|n|mum wage at s|gn|f|cant |ocat|ons of operat|on. Peop|e - G|oba| lnc|us|on and D|vers|ty 6 9 (1} (2} (3} (4} Notes & Abbrev|at|ons GRl lnd|cator Descr|pt|on lnc|uded Part|a||y Not lnc|uded |ocat|on G|oba| Oompact lOMM Su|||van Pr|nc|p|es EO6 Po||cy, pract|ces, and proport|on of spend|ng on |oca||y based supp||ers at s|gn|f|cant |ocat|ons of operat|on. Econom|c Deve|opment - |oca| Purchas|ng 9 EO7 Procedures for |oca| h|r|ng and proport|on of sen|or management and workforce h|red from the |oca| commun|ty at s|gn|f|cant |ocat|ons of operat|on. Peop|e - Recru|tment and Retent|on, Econom|c Deve|opment - |oca| H|r|ng and Sk|||s Deve|opment. We w||| eva|uate our capac|ty to fu||y capture th|s |nformat|on |n future reports. 6 9 Ind|rect Econom|c Impacts EO8 Deve|opment and |mpact of |nfrastructure |nvestments and serv|ces prov|ded pr|mar||y for pub||c benef|t through commerc|a|, |n-k|nd, or pro bono engagement. Econom|c Deve|opment - Econom|c Oontr|but|ons, Oommun|ty lnfrastructure 9,10 EO9 nderstand|ng and descr|b|ng s|gn|f|cant |nd|rect econom|c |mpacts, |nc|ud|ng the extent of |mpacts. Econom|c Deve|opment - |oca| H|r|ng and Sk|||s Deve|opment 9 Env|ronmenta| Performance Env|ronmenta| Performance GRl lnd|cator Descr|pt|on lnc|uded Part|a||y Not lnc|uded |ocat|on G|oba| Oompact lOMM Su|||van Pr|nc|p|es DMA EN D|sc|osure on management approach EN |} Goa|s and performance ||} Po||cy, and organ|zat|ona| respons|b|||ty |||} Tra|n|ng and awareness |v} Mon|tor|ng and fo||ow-up Env|ronmenta| Stewardsh|p - Water, B|od|vers|ty, Energy and O||mate Ohange, A|r Oua||ty, Oyan|de Management, Mercury Management, Waste Management, O|osure and Rec|amat|on and Oomp||ance, Oarbon Management Po||cy, Oode of Bus|ness Eth|cs and Oonduct - Our Oomm|tment to Our Oommun|t|es, Oyan|de Management (2011}, Env|ronmenta| Exce||ence Po||cy Statement, Mercury Management Po||cy, Soc|a| Respons|b|||ty Po||cy 7,8,9 6 5 (1} (2} (3} (4} (1} (2} (3} (4} GRl lnd|cator Descr|pt|on lnc|uded Part|a||y Not lnc|uded |ocat|on G|oba| Oompact lOMM Su|||van Pr|nc|p|es Mater|a|s EN1 Mater|a|s used, by we|ght or vo|ume. Env|ronmenta| Stewardsh|p - Oyan|de Management, Waste Management 7,8 6,8 5 EN2 Percentage of mater|a|s used that are recyc|ed |nput mater|a|s. Env|ronmenta| Stewardsh|p - Waste Management 8 6,8 5 Energy EN3 D|rect energy consumpt|on, by pr|mary energy source. Env|ronmenta| Stewardsh|p - Energy and O||mate Ohange 7,8 6 5 EN4 lnd|rect energy consumpt|on, by pr|mary source. Env|ronmenta| Stewardsh|p - Energy and O||mate Ohange 8 6 5 EN5 Energy saved due to conservat|on and eff|c|ency |mprovements. Env|ronmenta| Stewardsh|p - Energy and O||mate Ohange 8 6 5 EN6 ln|t|at|ves to prov|de energy-eff|c|ent or renewab|e energy-based products and serv|ces, and reduct|ons |n energy requ|rements as a resu|t of these |n|t|at|ves. Env|ronmenta| Stewardsh|p - Energy and O||mate Ohange 8,9 6 5 EN7 ln|t|at|ves to reduce |nd|rect energy consumpt|on and reduct|ons ach|eved. Env|ronmenta| Stewardsh|p - Energy and O||mate Ohange 8,9 6,7 Water EN8 Tota| water w|thdrawa| by source. Env|ronmenta| Stewardsh|p - Water 7,8 6 5 EN9 Water sources s|gn|f|cant|y affected by w|thdrawa| of water. Env|ronmenta| Stewardsh|p - Water 8 6 5 EN10 Percentage and tota| vo|ume of water recyc|ed and reused. Env|ronmenta| Stewardsh|p - Water 8 6,8 5 B|od|vers|ty EN11 |ocat|on and s|ze of |and owned, |eased, managed |n, or adjacent to protected areas and areas of h|gh b|od|vers|ty va|ue outs|de protected areas. Env|ronmenta| Stewardsh|p - B|od|vers|ty 8 6,7 5 (1} (2} (3} (4} GRl lnd|cator Descr|pt|on lnc|uded Part|a||y Not lnc|uded |ocat|on G|oba| Oompact lOMM Su|||van Pr|nc|p|es EN12 Descr|pt|on of s|gn|f|cant |mpacts of act|v|t|es, products and serv|ces on b|od|vers|ty |n protected areas and areas of h|gh b|od|vers|ty va|ue outs|de protected areas. Env|ronmenta| Stewardsh|p - B|od|vers|ty 8 6,7 5 EN13 Hab|tats protected or restored. Env|ronmenta| Stewardsh|p - B|od|vers|ty 8 6,7 5 EN14 Strateg|es, current act|ons, and future p|ans for manag|ng |mpacts on b|od|vers|ty. Env|ronmenta| Stewardsh|p - B|od|vers|ty 8 6,7 5 EN15 Number of lON Red ||st spec|es and nat|ona| conservat|on ||st spec|es w|th hab|tats |n areas affected by operat|ons, by |eve| of ext|nct|on r|sk. Env|ronmenta| Stewardsh|p - B|od|vers|ty 8 7 5 Em|ss|ons, Eff|uents and Waste EN16 Tota| d|rect and |nd|rect greenhouse gas em|ss|ons by we|ght. Env|ronmenta| Stewardsh|p - Energy and O||mate Ohange 7,8 6 EN17 Other re|evant |nd|rect greenhouse gas em|ss|ons by we|ght. Env|ronmenta| Stewardsh|p - Energy and O||mate Ohange 8 6 5 EN18 ln|t|at|ves to reduce greenhouse gas em|ss|ons and reduct|ons ach|eved. Env|ronmenta| Stewardsh|p - Energy and O||mate Ohange 8,9 6,8 5 EN19 Em|ss|ons of ozone-dep|et|ng substances by we|ght. 7,8 6 5 EN20 NO , SO , and other s|gn|f|cant a|r em|ss|ons by type and we|ght. Env|ronmenta| Stewardsh|p - A|r Oua||ty and Mercury Management 7,8 6 5 EN21 Tota| water d|scharge by qua||ty and dest|nat|on. Env|ronmenta| Stewardsh|p - Water 8 6 EN22 Tota| we|ght of waste by type and d|sposa| method. Env|ronmenta| Stewardsh|p - Waste Management 8 6 EN23 Tota| number and vo|ume of s|gn|f|cant sp|||s. Env|ronmenta| Stewardsh|p - Water, Oyan|de Management and Oomp||ance 8 6,7 EN24 We|ght of transported, |mported, exported, or treated waste deemed hazardous under the terms of the Base| Oonvent|on Annex l, ll, lll and vlll, and percentage of transported waste sh|pped |nternat|ona||y. Env|ronmenta| Stewardsh|p - Waste Management 8 6,7 (1} (2} (3} (4} x x Notes & Abbrev|at|ons GRl lnd|cator Descr|pt|on lnc|uded Part|a||y Not lnc|uded |ocat|on G|oba| Oompact lOMM Su|||van Pr|nc|p|es EN25 ldent|ty, s|ze, protected status, and b|od|vers|ty va|ue of water bod|es and re|ated hab|tats s|gn|f|cant|y affected by the report|ng organ|zat|on`s d|scharges of water and runoff. Env|ronmenta| Stewardsh|p - Water 8 6,7 Products and Serv|ces EN26 ln|t|at|ves to m|t|gate env|ronmenta| |mpacts of products and serv|ces, and extent of |mpact m|t|gat|on. Env|ronmenta| Stewardsh|p - Waste Management. Newmont does not have customers |n the trad|t|ona| sense. A|| meta|s are so|d on the spot market. The spot market or cash market |s a commod|t|es or secur|t|es market |n wh|ch goods are so|d for cash and de||vered |mmed|ate|y. Oontracts bought and so|d on these markets are |mmed|ate|y effect|ve. 7,8,9 6,7,8 EN27 Percentage of products so|d and the|r packag|ng mater|a|s that are rec|a|med by category. Performance - GRl lndex. Th|s |nd|cator does not app|y as Newmont`s products do not requ|re packag|ng. 8 6,8 Comp||ance EN28 Monetary va|ue of s|gn|f|cant f|nes and tota| number of non-monetary sanct|ons for non-comp||ance w|th env|ronmenta| |aws and regu|at|ons. Env|ronmenta| Stewardsh|p - Oomp||ance 8 6 Transport EN29 S|gn|f|cant env|ronmenta| |mpacts of transport|ng products and other goods and mater|a|s used for the organ|zat|on`s operat|ons, and transport|ng members of the workforce. 8 6 Overa|| EN30 Tota| env|ronmenta| protect|on expend|tures and |nvestments, by type. Env|ronmenta| Stewardsh|p - O|osure and Rec|amat|on 7,8,9 6 (1} (2} (3} (4} Human R|ghts Human R|ghts GRl lnd|cator Descr|pt|on lnc|uded Part|a||y Not lnc|uded |ocat|on G|oba| Oompact lOMM Su|||van Pr|nc|p|es DMA HR D|sc|osure on management approach HR |} Goa|s and performance ||} Po||cy, and organ|zat|ona| respons|b|||ty |||} Tra|n|ng and awareness |v} Mon|tor|ng and fo||ow-up Oommun|ty Re|at|onsh|ps - lnd|genous and Tr|ba| Oommun|t|es and Human R|ghts, Peop|e - Workp|ace R|ghts, Governance - Oommun|ty Re|at|onsh|ps, Oode of Bus|ness Eth|cs & Oonduct 2013 - Our Oomm|tment to the Oompany, Our Re|at|onsh|ps, Our Oomm|tment to Our Oommun|t|es, Our Oomm|tment to Each Other, Soc|a| Respons|b|||ty Po||cy 1,2,3,4,5,6 1,2,3 1,2,3 Investment and Procurement Pract|ces HR1 Percentage and tota| number of s|gn|f|cant |nvestment agreements that |nc|ude human r|ghts c|auses or that have undergone human r|ghts screen|ng. Oommun|ty Re|at|onsh|ps - Human R|ghts 2 3,9 1 HR2 Percentage of s|gn|f|cant supp||ers and contractors that have undergone screen|ng on human r|ghts and act|ons taken. 2 3,9 1 HR3 Tota| hours of emp|oyee tra|n|ng on po||c|es and procedures concern|ng aspects of human r|ghts that are re|evant to operat|ons, |nc|ud|ng the percentage of emp|oyees tra|ned. Oommun|ty Re|at|onsh|ps - Human R|ghts 1 3,9 1 Non-d|scr|m|nat|on HR4 Tota| number of |nc|dents of d|scr|m|nat|on and act|ons taken. Peop|e - Workp|ace R|ghts 6 3,9 1,2 Freedom of Assoc|at|on and Co||ect|ve Barga|n|ng HR5 Operat|ons |dent|f|ed |n wh|ch the r|ght to exerc|se freedom of assoc|at|on and co||ect|ve barga|n|ng may be at s|gn|f|cant r|sk, and act|ons taken to support these r|ghts. Peop|e - Workp|ace R|ghts 3 3,9 3 (1} (2} (3} (4} Notes & Abbrev|at|ons GRl lnd|cator Descr|pt|on lnc|uded Part|a||y Not lnc|uded |ocat|on G|oba| Oompact lOMM Su|||van Pr|nc|p|es Ch||d Labor HR6 Operat|ons |dent|f|ed as hav|ng s|gn|f|cant r|sk for |nc|dents of ch||d |abor, and measures taken to contr|bute to the e||m|nat|on of ch||d |abor. Peop|e - Workp|ace R|ghts 5 3,9 Forced and Compu|sory Labor HR7 Operat|ons |dent|f|ed as hav|ng s|gn|f|cant r|sk for |nc|dents of forced or compu|sory |abor, and measures taken to contr|bute to the e||m|nat|on of forced or compu|sory |abor. Peop|e - Workp|ace R|ghts 4 3,9 Secur|ty Pract|ces HR8 Percentage of secur|ty personne| tra|ned |n the organ|zat|on`s po||c|es or procedures concern|ng aspects of human r|ghts that are re|evant to operat|ons. Oommun|ty Re|at|onsh|ps - Human R|ghts 1 3,9 Ind|genous R|ghts HR9 Tota| number of |nc|dents of v|o|at|ons |nvo|v|ng r|ghts of lnd|genous Peop|es and act|ons taken. Oommun|ty Re|at|onsh|ps - lnd|genous and Tr|ba| Oommun|t|es. There was one |nc|dent re|ated to lnd|genous Peop|es. 1 3 (1} (2} (3} (4} |abor Performance |abor Pract|ces and Decent Work GRl lnd|cator Descr|pt|on lnc|uded Part|a||y Not lnc|uded |ocat|on G|oba| Oompact lOMM Su|||van Pr|nc|p|es DMA |A D|sc|osure on management approach |A |} Goa|s and performance ||} Po||cy, and organ|zat|ona| respons|b|||ty |||} Tra|n|ng and awareness |v} Mon|tor|ng and fo||ow-up Hea|th and Safety - |and|ng Page, Emp|oyee Safety and Occupat|ona| Hea|th, Econom|c Deve|opment - |oca| H|r|ng and Sk|||s Deve|opment, Peop|e - Recru|tment and Retent|on, Workp|ace R|ghts, Deve|opment and Ta|ent Management and G|oba| lnc|us|on and D|vers|ty, Oode of Bus|ness Eth|cs and Oonduct - Our Oomm|tment to Each Other, Env|ronmenta| Exce||ence Po||cy Statement, Hea|th and Safety Po||cy, Mercury Management Po||cy, Soc|a| Respons|b|||ty Po||cy 3,6 5,9 2,3,4,5 Emp|oyment |A1 Tota| workforce by emp|oyment type, emp|oyment contract and reg|on. Econom|c Deve|opment - |oca| H|r|ng and Sk|||s Deve|opment, Peop|e - Recru|tment and Retent|on 6 |A2 Tota| number and rate of emp|oyee turnover by age group, gender and reg|on. Peop|e - Recru|tment and Retent|on 6 |A3 Benef|ts prov|ded to fu||-t|me emp|oyees that are not prov|ded to temporary or part-t|me emp|oyees, by major operat|ons. Peop|e - Recru|tment and Retent|on 3 3 Labor/Management Re|at|ons |A4 Percentage of emp|oyees covered by co||ect|ve barga|n|ng agreements. Peop|e - Workp|ace R|ghts 3 3 3 |A5 M|n|mum not|ce per|od(s} regard|ng s|gn|f|cant operat|ona| changes, |nc|ud|ng whether |t |s spec|f|ed |n co||ect|ve agreements. Peop|e - Workp|ace R|ghts 3 3 5 (1} (2} (3} (4} Notes & Abbrev|at|ons GRl lnd|cator Descr|pt|on lnc|uded Part|a||y Not lnc|uded |ocat|on G|oba| Oompact lOMM Su|||van Pr|nc|p|es Occupat|ona| Hea|th and Safety |A6 Percentage of tota| workforce represented |n forma| jo|nt management-worker hea|th and safety comm|ttees that he|p mon|tor and adv|se on occupat|ona| hea|th and safety programs. Hea|th and Safety - Emp|oyee Safety. Ourrent|y we do not co||ect th|s |nformat|on. We w||| eva|uate our capac|ty to capture th|s |nformat|on |n future reports. 5 5 |A7 Rates of |njury, occupat|ona| d|seases, |ost days, and absentee|sm, and number of work-re|ated fata||t|es by reg|on. Hea|th and Safety - Emp|oyee Safety, Occupat|ona| Hea|th 5 5 |A8 Educat|on, tra|n|ng, counse||ng, prevent|on, and r|sk-contro| programs |n p|ace to ass|st workforce members, the|r fam|||es, or commun|ty members regard|ng ser|ous d|seases. Hea|th and Safety - Occupat|ona| Hea|th, Oommun|ty Hea|th 5 5 |A9 Hea|th and safety top|cs covered |n forma| agreements w|th trade un|ons. Performance - GRl lndex. Ourrent|y we do not co||ect th|s |nformat|on. We w||| eva|uate our capac|ty to capture th|s |nformat|on |n future reports. 5 4,5 Tra|n|ng and Educat|on |A10 Average hours of tra|n|ng per year per emp|oyee, by emp|oyee category. Peop|e - Deve|opment and Ta|ent Management 6 9 2 |A11 Programs for sk|||s management and ||fe|ong |earn|ng that support the cont|nued emp|oyab|||ty of emp|oyees and ass|st them |n manag|ng career end|ngs. Peop|e - Deve|opment and Ta|ent Management 9 2 |A12 Percentage of emp|oyees rece|v|ng regu|ar performance and career deve|opment rev|ews. Peop|e - Deve|opment and Ta|ent Management 6 9 D|vers|ty and Equa| Opportun|ty |A13 Oompos|t|on of governance bod|es and breakdown of emp|oyees per category accord|ng to gender, age group, m|nor|ty group membersh|p, and other |nd|cators of d|vers|ty. Peop|e - G|oba| lnc|us|on and D|vers|ty 6 3,9 |A14 Rat|o of bas|c sa|ary of men to women by emp|oyee category. Peop|e - G|oba| lnc|us|on and D|vers|ty 6 3,9 (1} (2} (3} (4} Soc|ety Soc|ety GRl lnd|cator Descr|pt|on lnc|uded Part|a||y Not lnc|uded |ocat|on G|oba| Oompact lOMM Su|||van Pr|nc|p|es DMA SO D|sc|osure on management approach SO |} Goa|s and performance ||} Po||cy, and organ|zat|ona| respons|b|||ty |||} Tra|n|ng and awareness |v} Mon|tor|ng and fo||ow-up Oommun|ty Re|at|onsh|ps - Oommun|ty Assessments, Oommun|ty Engagement, lnd|genous and Tr|ba| Oommun|t|es, Human R|ghts and Resett|ement and |and se, Oode of Bus|ness Eth|cs and Oonduct - Our Oomm|tment to Our Oommun|t|es and Our Re|at|onsh|ps, Env|ronmenta| Exce||ence Po||cy Statement, Soc|a| Respons|b|||ty Po||cy 10 1,3,4,9 6,7 Commun|ty SO1 Nature, scope and effect|veness of any programs and pract|ces that assess and manage the |mpacts of operat|ons on commun|t|es, |nc|ud|ng enter|ng, operat|ng and ex|t|ng. Oommun|ty Re|at|onsh|ps - Oommun|ty Assessments 1 2,3,4,9 1,7 Corrupt|on SO2 Percentage and tota| number of bus|ness un|ts ana|yzed for r|sks re|ated to corrupt|on. Governance - Oode of Oonduct 9 1 6 SO3 Percentage of emp|oyees tra|ned |n organ|zat|on`s ant|-corrupt|on po||c|es and procedures. Governance - Oode of Oonduct 9 1 SO4 Act|ons taken |n response to |nc|dents of corrupt|on. Governance - Oode of Oonduct 10 1 Pub||c Po||cy SO5 Pub||c po||cy pos|t|ons and part|c|pat|on |n pub||c po||cy deve|opment and |obby|ng. Governance - Oode of Oonduct, Oode of Bus|ness Eth|cs and Oonduct - Our Oomm|tment to Our Oommun|t|es 1,2,9 SO6 Tota| va|ue of f|nanc|a| and |n-k|nd contr|but|ons to po||t|ca| part|es, po||t|c|ans and re|ated |nst|tut|ons, by country. Governance - Oode of Oonduct 10 1,9 (1} (2} (3} (4} Notes & Abbrev|at|ons GRl lnd|cator Descr|pt|on lnc|uded Part|a||y Not lnc|uded |ocat|on G|oba| Oompact lOMM Su|||van Pr|nc|p|es Ant|-compet|t|ve Behav|or SO7 Tota| number of |ega| act|ons for ant|-compet|t|ve behav|or, ant|-trust, and monopo|y pract|ces and the|r outcomes. Performance - GRl lndex. There were no act|ons of th|s k|nd dur|ng 2013. 1 7 Comp||ance SO8 Monetary va|ue of s|gn|f|cant f|nes and tota| number of non-monetary sanct|ons for non-comp||ance w|th |aws and regu|at|ons. Env|ronment - Oomp||ance 1 7 Product Respons|b|||ty Product Respons|b|||ty GRl lnd|cator Descr|pt|on lnc|uded Part|a||y Not lnc|uded |ocat|on G|oba| Oompact lOMM Su|||van Pr|nc|p|es DMA PR D|sc|osure on management approach PR |} Goa|s and performance ||} Po||cy, and organ|zat|ona| respons|b|||ty |||} Tra|n|ng and awareness |v} Mon|tor|ng and fo||ow-up Governance - Supp|y Oha|n Stewardsh|p, Oode of Bus|ness Eth|cs and Oonduct - Our Oomm|tment to Our Oommun|t|es, Env|ronmenta| Exce||ence Po||cy Statement, Hea|th and Safety Po||cy, Soc|a| Respons|b|||ty Po||cy
Customer Hea|th and Safety PR1 ||fecyc|e stages |n wh|ch hea|th and safety |mpacts of products and serv|ces are assessed for |mprovement, and percentage of s|gn|f|cant products and serv|ces categor|es subject to such procedures. Newmont does not have customers |n the trad|t|ona| sense. A|| meta|s are so|d on the spot market. The spot market or cash market |s a commod|t|es or secur|t|es market |n wh|ch goods are so|d for cash and de||vered |mmed|ate|y. Oontracts bought and so|d on these markets are |mmed|ate|y effect|ve. 5,8 PR2 Tota| number of |nc|dents of non-comp||ance w|th regu|at|ons and vo|untary codes concern|ng hea|th and safety |mpacts of products and serv|ces dur|ng the|r ||fecyc|e, by type of outcomes. As above 5,8 (1} (2} (3} (4} (1} (2} (3} (4} Notes & Abbrev|at|ons GRl lnd|cator Descr|pt|on lnc|uded Part|a||y Not lnc|uded |ocat|on G|oba| Oompact lOMM Su|||van Pr|nc|p|es Product and Serv|ce Labe||ng PR3 Type of product and serv|ce |nformat|on requ|red by procedures, and percentage of s|gn|f|cant products and serv|ces subject to such |nformat|on requ|rements. As above 8 PR4 Tota| number of |nc|dents of non-comp||ance w|th regu|at|ons and vo|untary codes concern|ng product and serv|ce |nformat|on and |abe||ng, by type of outcomes. As above 8 PR5 Pract|ces re|ated to customer sat|sfact|on, |nc|ud|ng resu|ts of surveys measur|ng customer sat|sfact|on. As above 8 Market|ng Commun|cat|ons PR6 Programs for adherence to |aws, standards and vo|untary codes re|ated to market|ng commun|cat|ons, |nc|ud|ng advert|s|ng, promot|on and sponsorsh|p. As above 1 PR7 Tota| number of |nc|dents of non-comp||ance w|th regu|at|ons and vo|untary codes concern|ng market|ng commun|cat|ons, |nc|ud|ng advert|s|ng, promot|on and sponsorsh|p, by type of outcomes. As above 1 Customer Pr|vacy PR8 Tota| number of substant|ated comp|a|nts regard|ng breaches of customer pr|vacy and |osses of customer data. As above 1 Comp||ance PR9 Monetary va|ue of s|gn|f|cant f|nes for non-comp||ance w|th |aws and regu|at|ons concern|ng the prov|s|on and use of products and serv|ces. As above 1 (1} (2} (3} (4} M|n|ng and Meta|s lnd|cators M|n|ng and Meta|s Supp|ement GRl lnd|cator Descr|pt|on lnc|uded Part|a||y Not lnc|uded |ocat|on G|oba| Oompact lOMM Su|||van Pr|nc|p|es MM1 Amount of |and (owned or |eased, and managed for product|on act|v|t|es or extract|ve use} d|sturbed or rehab|||tated. Env|ronmenta| Stewardsh|p - B|od|vers|ty, O|osure and Rec|amat|on 8 MM,2,9 MM2 The number and percentage of tota| s|tes |dent|f|ed as requ|r|ng b|od|vers|ty management p|ans accord|ng to stated cr|ter|a, and the number (percentage} of those s|tes w|th p|ans |n p|ace. Env|ronmenta| Stewardsh|p - B|od|vers|ty 8 MM,2,7 MM3 Tota| amounts of overburden, rock, ta|||ngs, and s|udges and the|r assoc|ated r|sks. Env|ronmenta| Stewardsh|p - Waste Management MM MM4 Number of str|kes and |ock-outs exceed|ng one week`s durat|on, by country. Peop|e - Workp|ace R|ghts 3 MM,3 2 MM5 Tota| number of operat|ons tak|ng p|ace |n or adjacent to lnd|genous Peop|es` terr|tor|es, and number and percentage of operat|ons or s|tes where there are forma| agreements w|th lnd|genous Peop|es` commun|t|es. Oommun|ty Re|at|onsh|ps - lnd|genous and Tr|ba| Oommun|t|es MM,3,10 MM6 Number and descr|pt|on of s|gn|f|cant d|sputes re|at|ng to |and use, customary r|ghts of |oca| commun|t|es and lnd|genous Peop|es. Oommun|ty Re|at|onsh|ps - Oommun|ty Engagement and Human R|ghts 1 MM,3,10 6 MM7 The extent to wh|ch gr|evance mechan|sms were used to reso|ve d|sputes re|at|ng to |and use, customary r|ghts of |oca| commun|t|es and lnd|genous Peop|es, and the outcomes. Oommun|ty Re|at|onsh|ps - Oommun|ty Engagement and Human R|ghts 1 MM,3,10 6 MM8 Number (and percentage} of company operat|ng s|tes where art|sana| and sma||-sca|e m|n|ng (ASM} take p|ace on, or adjacent to, the s|te; the assoc|ated r|sks and the act|ons taken to manage and m|t|gate these r|sks. Oommun|ty Re|at|onsh|ps - Resett|ement and |and se MM (1} (2} (3} (4} Notes & Abbrev|at|ons GRl lnd|cator Descr|pt|on lnc|uded Part|a||y Not lnc|uded |ocat|on G|oba| Oompact lOMM Su|||van Pr|nc|p|es MM9 S|tes where resett|ements took p|ace, the number of househo|ds resett|ed |n each, and how the|r ||ve||hoods were affected |n the process. Oommun|ty Re|at|onsh|ps - Resett|ement and |and se 1 MM,3,10 6 MM10 Number and percentage of operat|ons w|th c|osure p|ans. Env|ronmenta| Stewardsh|p - O|osure and Rec|amat|on MM,2,9,10 MM11 Programs and progress re|at|ng to mater|a|s stewardsh|p. Governance - Supp|y Oha|n Stewardsh|p MM (1} (2} (3} (4} Home / Performance / lOMM Framework As a found|ng member of the lnternat|ona| Oounc|| on M|n|ng and Meta|s (lOMM}, Newmont comm|ts to upho|d the lOMM`s 10 Pr|nc|p|es for Susta|nab|e Deve|opment and to report |n accordance w|th the GRl framework. lOMM 10 Pr|nc|p|es of Susta|nab|e Deve|opment lmp|ement and ma|nta|n eth|ca| bus|ness pract|ces and sound systems of corporate governance 1. lntegrate susta|nab|e deve|opment cons|derat|ons w|th|n the corporate dec|s|on-mak|ng process 2. pho|d fundamenta| human r|ghts and respect cu|tures, customs and va|ues |n dea||ngs w|th emp|oyees and others who are affected by our act|v|t|es 3. lmp|ement r|sk-management strateg|es based on va||d data and sound sc|ence 4. Seek cont|nua| |mprovement of our hea|th and safety performance 5. Seek cont|nua| |mprovement of our env|ronmenta| performance 6. Oontr|bute to conservat|on of b|od|vers|ty and |ntegrated approaches to |and-use p|ann|ng 7. Fac|||tate and encourage respons|b|e product des|gn, use, re-use, recyc||ng and d|sposa| of our products 8. Oontr|bute to the soc|a|, econom|c and |nst|tut|ona| deve|opment of the commun|t|es |n wh|ch we operate 9. lmp|ement effect|ve and transparent engagement, commun|cat|on and |ndependent|y ver|f|ed report|ng arrangements w|th our stakeho|ders 10. We a|so conform to the requ|rements set forth |n the lOMM's pos|t|on statements, wh|ch prov|de c|ear expectat|ons on: Po||cy on c||mate change; Partnersh|ps for deve|opment; Transparency of m|nera| revenues; Mercury r|sk management; lssues surround|ng m|n|ng and lnd|genous Peop|es; and M|n|ng and protected areas. lOMM`s pr|nc|p|es and pos|t|on statements were deve|oped through extens|ve consu|tat|on w|th assurance experts and a rev|ew of re|evant ||terature. lOMM conc|uded that ex|st|ng assurance act|v|t|es across a|| sectors vary w|de|y. However, there |s |ncreas|ng use of standards such as those deve|oped by AccountAb|||ty (AA1000}. Our 2013 report was assured |n accordance w|th the lOMM Assurance Procedure. The assurance was conducted to prov|de a h|gh |eve| of assurance |n accordance w|th the Assurance Standard AA1000AS (2008}. lOMM Framework !"#$ & '$()"(#*+,$ & -+./,$0 *+. 12*(.0 3"(4"(*5$ 12*(.0 *+. 6$,"7+/5/"+ Dow Jones Susta|nab|||ty Wor|d and North Amer|ca Ind|ces -+ 89:;< =$2#"+5 2*0 +*#$. 5" 5>$ ?@A-BC"(D. -+.$E )"( 5>$ 0$F$+5> ,"+0$,G5/F$ H$*(I ?@A- C"(D. 5(*,J0 5>$ 4$()"(#*+,$ ") 8<K99 D$*./+7 ,"#4*+/$0 2"(D.2/.$< /+.$4$+.$+5DH $F*DG*5/+7 5>$/( D"+7B5$(# $,"+"#/,< $+F/("+#$+5*D *+. 0",/*D 4$()"(#*+,$I L>$ 5"4 :9 4$(,$+5 ") 4$()"(#$(0 *($ 0$D$,5$. )("# *#"+7 KM /+.G05(H 7("G40I Soc|ety for M|n|ng, Meta||urgy & Exp|orat|on's (SME| Dan|e| C. Jack||ng Award =$2#"+5 '($0/.$+5 *+. 3>/$) NE$,G5/F$ O))/,$( P*(H P"D.Q$(7 2*0 0$D$,5$. *0 5>$ 89:; ($,/4/$+5 ") 5>$ @*,JD/+7 12*(. )"( >/0 D/)$D"+7 ,"##/5#$+5 5" >$*D5> *+. 0*)$5H< *+. >/0 .$#"+05(*QD$ 4("7($00 5"2*(.0 *,>/$F/+7 R$(" >*(#I L>$ @*,JD/+7 12*(. /0 4($0$+5$. )"( 0/7+/)/,*+5 ,"+5(/QG5/"+0 5" 5$,>+/,*D 4("7($00 /+ 5>$ )/$D.0 ") #/+/+7< 7$"D"7H *+. 7$"4>H0/,0I A/5$ 12*(.0 *+. 6$,"7+/5/"+ 2013 Outstand|ng Company In|t|at|ve Awards Jod|e Gray< * '/5 L$,>+/,/*+ AG4$(F/0"( *5 =$2#"+5S0 T"../+75"+ #/+$< 2*0 ($,"7+/R$. *0 5>$ 89:; 3>*#Q$( ") U/+$(*D0 *+. N+$(7H ") C$05$(+ 1G05(*D/*S0 V3UNW OG505*+./+7 L$,>+/,/*+&O4$(*5"(&L(*.$ )"( >$( $))"(50 5" ,>*#4/"+ 2"#$+ /+ 5>$ #/+/+7 /+.G05(HI F|na||sts for 2013 Go|den Gecko Awards L>$ Martu rangers program *5 =$2#"+5S0 @G+.$$ #/+$ 2*0 * )/+*D/05 )"( 5>$ C$05$(+ 1G05(*D/*+ ?$4*(5#$+5 ") U/+$0S 89:; P"D.$+ P$,J" *2*(.0< 2>/,> ,$D$Q(*5$ $+F/("+#$+5*D $E,$DD$+,$ /+ "G( /+.G05(HI 2012 M|n|ng Magaz|ne Awards -+ 89:;< =$2#"+5S0 T"../+75"+ #/+$ X *D"+7 2/5> Y$/,* P$"0H05$#0 *+. Y",*5* X ($,$/F$. U/+/+7 U*7*R/+$S0 89:8 *2*(. )"( *+,/DD*(H $ZG/4#$+5I L"7$5>$(< 5>$0$ "(7*+/R*5/"+0 .$F$D"4$. @'A< * 7("G+.BQ*0$. *D5$(+*5/F$ 5" P'A 5>*5 4("F/.$0 0/7+/)/,*+5DH /#4("F$. ,"F$(*7$ VM8 5" MM 4$(,$+5W /+ .$$4 "4$+ 4/5 #/+$0 ,"#4*($. 2/5> P'AB"+DH ,"F$(*7$ ") :9 5" [K 4$(,$+5I "B|ue" AKOBEN Rat|ng =$2#"+5S0 1>*)" #/+$ /+ P>*+* "Q5*/+$. * \TDG$] (*5/+7 /+ 5>$ P>*+* N+F/("+#$+5*D '("5$,5/"+ 17$+,HS0 89:8 1^OTN= $+F/("+#$+5*D (*5/+7 *+. ./0,D"0G($ 4("7(*#I 1>*)" ($,$/F$. >/7> 0,"($0 )"( /50 $+F/("+#$+5*D #*+*7$#$+5 *+. 4$()"(#*+,$< *+. ,"(4"(*5$ 0",/*D ($04"+0/Q/D/5H $))"(50I ADITAMA Award -+ ="F$#Q$( 89:;< "G( -+."+$0/*+ *))/D/*5$< 'L =$2#"+5 =G0* L$+77*(* V'L==LW< ($,$/F$. 5>$ 1?-L1U1 12*(. V7"D.W *+. 1?-L1U1 L("4>H )"( /50 $+F/("+#$+5*D #*+*7$#$+5 $))"(50 *+. 5>$ '61L1U1 12*(. VQ("+R$W )"( /50 0*)$5H #*+*7$#$+5 $))"(50 )("# 5>$ 6$4GQD/, ") -+."+$0/*S0 U/+/05(H ") N+$(7H *+. U/+$(*D 6$0"G(,$0I PROPER B|ue Rat|ng for Env|ronmenta| Performance 'L==L ($,$/F$. 5>$ '6O'N6 TDG$ (*5/+7 V3"#4*+H '$()"(#*+,$ 6*5/+7 100$00#$+5 '("7(*#W )("# 5>$ U/+/05(H ") N+F/("+#$+5 ") 5>$ 6$4GQD/, ") -+."+$0/* )"( 5>$ 89:8&89:; 4$(/".I L>$ *00$00#$+5 ,"F$(0 2*5$( *+. */( 4"DDG5/"+ ,"+5("D< 2*05$ #*+*7$#$+5 V/+,DG./+7 5"E/, *+. >*R*(."G0 2*05$0W< *+. ,"+5("D *+. 4($F$+5/"+ ") #/+$ *($* .*#*7$I -+./,$0 *+. 12*(.0 Indones|a F|re and Rescue Cha||enge 'L==LS0 ::B#$#Q$( $#$(7$+,H 0$(F/,$0 5$*# ,"#4$5$. /+ 5>$ 89:; -+."+$0/* _/($ *+. 6$0,G$ 3>*DD$+7$I 1D5>"G7> 5>$ 5$*# 2*0 ($D*5/F$DH +$2 *+. >*. +$F$( ,"#4$5$. Q$)"($< 5>$H 5""J >"#$ )/(05 4D*,$ /+ 5>$ A5(G,5G(*D _/($ _/7>5/+7 ,*5$7"(H *+. 5>/(. 4D*,$ /+ C*5$( 6$0,G$I Un|ted States Nat|ona| M|ne Rescue Compet|t|on OG( $/7>5B4$(0"+ 3*(D/+ U/+$ 6$0,G$ L$*# )("# =$F*.* 2"+ 5>$ 2013 Nat|ona| M|ne Rescue Compet|t|onI L>$ 3*(D/+ 5$*# 2*0 5>$ )/(05 )("# =$F*.* 5" 2/+ 5>$ +*5/"+*D 5/5D$I Nevada Operat|ons and Ind|v|dua|s Honored for Safety L>$ =$F*.* U/+/+7 100",/*5/"+ >"+"($. 0/E #/+$ 0/5$0 *+. :: /+./F/.G*D0 )("# =$2#"+5S0 =$F*.* O4$(*5/"+0 )"( 0*)$5H *,>/$F$#$+5I L>$ *2*(.0 ($,"7+/R$ $))"(50 5" 0$+. $F$(H 2"(J$( >"#$ 0*)$ *+. >$*D5>H *)5$( $F$(H 0>/)5I L>$ "4$(*5"( *2*(.0 *($ Q*0$. "+ 0*)$5H (*5$ .*5*< *+. 5>$ /+./F/.G*D0 *($ `G.7$. "+ 5>$/( 4$(0"+*D 0*)$5H ($,"(. *+. *.F",*,H )"( 0*)$5H /+ 5>$ 2"(J4D*,$I G.I. JOBS Magaz|ne PI-I @OTA U*7*R/+$ +*#$. =$2#"+5 5" /50 89:; L"4 :99 U/D/5*(H _(/$+.DH N#4D"H$(0 Y/05I L>$ D/05 /0 5>$ 4(/#*(H Q$+,>#*(J ") ,"(4"(*5$ ($,(G/5/+7 4("7(*#0 */#$. *5 a+/5$. A5*5$0 F$5$(*+0< *+. ($4($0$+50 5>$ 5"4 52" 4$(,$+5 ") #"($ 5>*+ K<999 $D/7/QD$ ,"#4*+/$0I 2013 Susta|nab|e Deve|opment Award b*+*,",>*S0 4("`$,5 5" |mprove the ava||ab|||ty of water /+ 5>$ ,/5H ") 3*`*#*(,* 2"+ )/(05 4D*,$ /+ 5>$ =*5/"+*D A",/$5H ") U/+/+7< '$5("D$G# *+. N+$(7HS0 89:; AG05*/+*QD$ ?$F$D"4#$+5 12*(.I Safety M||estone Recogn|t|on for Yanacocha L>$ U/+/+7 A*)$5H -+05/5G5$ V-ANUW *+. 5>$ -+05/5G5$ ") U/+/+7 N+7/+$$(0 ") '$(G V--U'W ($,"7+/R$. b*+*,",>*S0 >$*D5> *+. 0*)$5H $))"(50 /+ *,>/$F/+7 c9 #/DD/"+ #*+B>"G(0 2"(J$. 2/5>"G5 * D"05B5/#$ *,,/.$+5< *5 Q"5> 5>$ b*+*,",>* #/+$ *+. 5>$ 3"+7* 4("`$,5I Home / Performance / Report Assurance We prov|de assurance for th|s report pursuant to the AccountAb|||ty 1000 protoco|. The assurance for our 2013 report was undertaken by Bureau ver|tas. The scope for the report`s assurance |nc|udes AccountAb|||ty`s AA1000 Assurance Standard, the G|oba| Report|ng ln|t|at|ve`s G3 set of |nd|cators and the lOMM Assurance Procedure. Assurance aga|nst lOMM`s Assurance Procedure checks the fo||ow|ng: A||gnment of the member company`s susta|nab|||ty po||c|es to lOMM`s 10 Susta|nab|e Deve|opment Pr|nc|p|es and any mandatory requ|rements set out |n lOMM Pos|t|on Statements; The company`s mater|a| susta|nab|e deve|opment r|sks and opportun|t|es based on |ts own rev|ew of the bus|ness and the v|ews and expectat|ons of |ts stakeho|ders; The ex|stence and |mp|ementat|on status of systems and approaches the company |s us|ng to manage the |dent|f|ed mater|a| susta|nab|e deve|opment r|sks and opportun|t|es; The company`s reported performance dur|ng the g|ven report|ng per|od for a se|ect|on of |dent|f|ed mater|a| susta|nab|e deve|opment r|sks and opportun|t|es; and The company`s se|f-dec|ared app||cat|on |eve| of the G|oba| Report|ng ln|t|at|ve`s (GRl} G3 Susta|nab|||ty Report|ng gu|de||nes (G3 gu|de||nes}. Bureau ver|tas prov|des an Assurance Statement, wh|ch |s pub||shed |n our annua| susta|nab|||ty report. The organ|zat|on a|so prov|des an extens|ve |nterna| report deta|||ng observat|ons, f|nd|ngs and opportun|t|es for |mprovement that are based on |nterv|ews w|th a range of our stakeho|ders, as we|| as v|s|ts to our operat|ng s|tes. Report Assurance