Experienced Miner Andrew Woodley to Lead Newmont’s North America Business
October 05 2016 - 9:20AM
Business Wire
Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company)
has appointed experienced miner Andrew Woodley to lead the
Company’s North America business beginning on January 2, 2017. Mr.
Woodley succeeds Tom Kerr who retired from Newmont after 32 years
of distinguished service to the Company.
“Andrew is an accomplished operations and business leader with
more than 20 years’ experience driving improvements in safety,
productivity and sustainability,” said Tom Palmer, Executive Vice
President and Chief Operating Officer. “His broad leadership
experience delivering step-change improvements in mining, minerals
processing and project development make him the right leader to
build on our North America region’s strong performance, and to
deliver our strategy – which is to improve the underlying business,
strengthen the portfolio and create value for shareholders and
other stakeholders.”
Andrew joins Newmont having served as President and Chief
Executive Officer of Rio Tinto’s Oyu Tolgoi copper and gold mining
operations in Mongolia. Prior to Oyu Tolgoi, Andrew was Managing
Director for Rio Tinto Coal Mozambique and Country Head for Rio
Tinto in Mozambique. He has held the role of General Manager of
Operations at mines in Australia, and has worked in exploration in
Canada, as well as management consulting in mining, and
manufacturing in Australia, New Zealand, Malaysia and the United
States. Andrew earned his Mining Engineering degree from the
University of New South Wales, Australia and an MBA from Wilfrid
Laurier University in Canada.
Newmont is the largest US-based gold producer where it operates
surface and underground mines in Nevada and Colorado. Last year
Newmont marked 50 years of operations in Nevada and the North
America region accounted for nearly one-third of Newmont’s global
production and 44 percent of the company’s gold reserves. This year
Newmont completed, on time and on budget, the Turf Vent Shaft that
allows for new, profitable gold production from the Leeville
underground mine in Nevada and announced expansion of Exodus. The
Company also expects to begin gold production from Long Canyon in
the first quarter of 2017.
About Newmont
Newmont is a leading gold and copper producer. The Company’s
operations are primarily in the United States, Australia, Ghana,
Peru, Indonesia and Suriname. Newmont is the only gold producer
listed in the S&P 500 Index and was named the mining industry
leader by the Dow Jones Sustainability World Index in 2015 and
2016. The Company is an industry leader in value creation,
supported by its leading technical, environmental, social and
safety performance. Newmont was founded in 1921 and has been
publicly traded since 1925.
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Newmont Mining CorporationMedia
ContactOmar Jabara,
303-837-5114omar.jabara@newmont.comorInvestor
ContactMeredith Bandy,
303-837-5143meredith.bandy@newmont.com
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