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10 Apr 2020

Jackson Chen, Mining.com

Newmont announces $20 million fund to support employees, mining communities and governments during Covid-19 pandemic

"Newmont launches $20 million support fund to combat pandemic", 9 April 2020.

Newmont...the world’s largest gold miner, announced on Thursday it has established a $20 million fund to help host communities, governments and employees combat the covid-19 pandemic, building upon other local contributions and efforts the company has implemented over the last month...

“We have been working closely with host governments and communities to implement strict safety protocols at our sites with physical distancing and reduced workforce presence,” CEO Tom Palmer said in a press release. “We are also implementing the provision of hygienic and other critical supplies and training and, in certain cases, pre-emptively ramping down operations to safeguard vulnerable communities, or placing operations in care and maintenance to align with government efforts.”...Newmont added that it will closely monitor the progress and outcomes of the fund, so that it could fine-tune and improve results along the way...the company placed four of its operations on care and maintenance as part of its efforts to contain the spread of coronavirus.