Newmont

Capital allocation decisions are made by the CEO and board, with Natascha Viljoen holding executive authority as President and CEO since January 2026. Major mine expansions and M&A require board approval. The corporate venture arm, Newmont Ventures, operates with its own investment committee focused on mining technology.

Nevada Gold Mines is a joint venture formed in 2019 where Barrick holds 61.5 percent and operates the assets, while Newmont holds the remaining 38.5 percent. The entity combines the Carlin, Cortez, Turquoise Ridge, and Goldstrike complexes into the single largest gold-producing operation globally. Governance is shared through a joint management committee.

Copper is a growing revenue stream, primarily sourced from the Boddington mine in Western Australia. The planned NuevaUnión project in Chile, a 50/50 joint venture with Teck Resources, would add substantial copper capacity. This places Newmont as an integrated supplier of both gold and the copper required for electrification and energy transition.

Newmont is an operating mining company, not an institutional allocator. It invests directly in mine development, plant expansions, and exploration. Through its wholly-owned subsidiary Newmont Ventures, the firm makes strategic equity investments in early-stage mining technology companies, but does not allocate capital to external funds as a limited partner.

Yes. The Newmont Corporation Contributions Program and the Newmont Legacy Fund direct grants to host communities through the firm's Global Community Support Fund. These are corporate social responsibility vehicles, not legally separate foundations, and are managed by a dedicated community relations team.

Newmont commonly uses joint ventures for large-scale mining complexes rather than financial co-investment structures. Its primary external operating partners are Barrick (Nevada Gold Mines) and Teck Resources (NuevaUnión). The firm does not solicit co-investor capital on its operating assets.

Newmont operates in jurisdictions with established mining codes and supports the International Council on Mining and Metals' sustainability framework. The firm has no active operations in Russia, China, or the Democratic Republic of Congo, and has publicly stated its commitment to mineral projects only in countries with transparent regulatory regimes.