Newmont Corporation — Ethics Grade C-

Newmont Corporation receives an overall ethics grade of C- (42/100) on CancelCo's corporate accountability database. Sector: Mining & Metals. Market cap: Large Cap.

Category scores

• labor: 55
• privacy: 80
• consumer: 70
• environment: 35
• humanRights: 30

Documented incidents (3)

• Cyanide Spill in Ghana (high, 2010) — The company was fined $4.9 million by the Ghanaian government after a cyanide spill at its Ahafo mine led to mass fish kills and contaminated local water supplies.
• Conga Project Conflict (high, 2012) — Violent clashes between security forces and protesters opposing the Conga mine project in Peru resulted in five deaths, leading to the eventual suspension of the $5 billion project.
• Buyat Bay Mercury Allegations (high, 2004) — Indonesian authorities charged the company with dumping mercury-contaminated waste into Buyat Bay, allegedly causing health issues for local villagers, though the company was later acquitted in a controversial ruling.

Documented good deeds

• Science Based Targets initiative — Committed to a 30% reduction in greenhouse gas emissions by 2030 with a long-term goal of net zero by 2050.

Ethical alternatives

• Agnico Eagle Mines — Stronger track record in community relations and lower environmental incident reports.