Newmont’s Boddington General Manager to Lead Peñasquito in Mexico as company refreshes brand.

Denver: “Under Jim’s leadership, Boddington has delivered step-change improvements in safety, mill throughput and recovery, mine plan sequencing and execution,” said Tom Palmer, President and Chief Executive Officer. “Boddington’s scale and processing characteristics are similar to Peñasquito’s, making Jim uniquely qualified to replicate Boddington’s consistently strong performance at Peñasquito in Mexico.”the scope of its services.”

Newmont has recently refreshed its brand, name and logo to reflect what the company terms, “its strong and stable foundation” following two historic transactions in 2019. The refreshed brand is being unveiled at a time Newmont is entering its centenary year in May of 2020 and will begin its next century of “superior performance, value creation and sustainability leadership on May 2, 2021.”

“We successfully completed two historic transactions in 2019, which have transformed Newmont into a truly international organization with an unmatched portfolio of assets and prospects in top-tier jurisdictions around the world,” said Tom Palmer, President and Chief Executive Officer. “As this company has done many times in the past, Newmont has demonstrated its ability to adapt to change, which is truly a hallmark of our success over the last 100 years. Updating our brand represents a natural step as we approach the next 100 years in Newmont’s long and proud legacy of operating discipline, profitable growth, environmental stewardship, and developing the industry’s best talent.”

To further realign its operations with its goals, Newmont has today announced its intention to transfer experienced mining leader Jim Cooper, General Manager of Boddington in Australia, to lead the Peñasquito mine in Mexico to optimize this world-class asset. Jim will assume leadership of Peñasquito in the first quarter of 2020 and report to Dan Janney, Newmont’s Regional Senior Vice President for North America.

“Under Jim’s leadership, Boddington has delivered step-change improvements in safety, mill throughput and recovery, mine plan sequencing and execution,” said Tom Palmer, President and Chief Executive Officer. “Boddington’s scale and processing characteristics are similar to Peñasquito’s, making Jim uniquely qualified to replicate Boddington’s consistently strong performance at Peñasquito in Mexico.”

Jen Bennett, currently serving as Vice President of Operations for Newmont’s South America region, will succeed Jim to lead Boddington and build on the operation’s success through a continued focus on safe, efficient production, and project delivery.

Peñasquito’s current General Manager, Brian Berney, will focus on government and community engagement in Mexico while supporting an effective transition with Jim.

Newmont has the strongest and most sustainable portfolio of operations, projects and exploration prospects in the gold sector. These assets allow the Company to sequence profitable projects in its unmatched pipeline to sustain stable gold production over a decades-long time horizon in top-tier jurisdictions around the globe.

Peñasquito Mine

Located in Mexico,Peñasquito mineemploys open pit mining method with an annual target gold production of 272,000 oz per  employing 6,673 Newmont employees and contractors. Whatever Newmont is cooking, the next century looks bright for the company.