Newmont Mining Corporation was founded in 1916 by Colonel William Boyd Thompson. The company was intended to be an investment company in mineral, oil, and related companies.
In 1925 Newmont acquired interests in a Texas oil field.
In 1929 Newmont became a mining company when it acquired California’s Empire Star Mine. Within ten years, the company was operating 12 gold mines in North America.
Today the company is the #2 gold producing company in the world, producing 5 million ounces of gold per year. Newmont also produced 143 million pounds of copper in 2012.
The company has assets in Australia, Canada, Ghana, Indonesia, Mexico, Peru, and New Zealand.
Newmont Mining trades publicly on the New York Stock Exchange under the ticker symbol NEM, is a member of the S&P 500, is #295 in the Fortune 500, has 15,085 employees, and had $7.64 billion in revenue in 2013.
Newmont Mining Corporation
Newmont Mining Corporation was founded in 1916 by Colonel William Boyd Thompson. The company was intended to be an investment company in mineral, oil, and related companies.
In 1925 Newmont acquired interests in a Texas oil field.
In 1929 Newmont became a mining company when it acquired California’s Empire Star Mine. Within ten years, the company was operating 12 gold mines in North America.
History
Today the company is the #2 gold producing company in the world, producing 5 million ounces of gold per year. Newmont also produced 143 million pounds of copper in 2012.
The company has assets in Australia, Canada, Ghana, Indonesia, Mexico, Peru, and New Zealand.
Newmont Mining trades publicly on the New York Stock Exchange under the ticker symbol NEM, is a member of the S&P 500, is #295 in the Fortune 500, has 15,085 employees, and had $7.64 billion in revenue in 2013.