Newmont Mining appoints Dean Gehring to lead South America business
PRESS RELEASE
"Dean is an experienced business and operations leader with a 25-year track record of delivering step-change improvements in safety, productivity, project execution, and sustainability," said
Mr. Gehring joins Newmont having most recently served as Head of Safety and Security for Rio Tinto's world-wide operations. Prior to this role, he was President and Chief Executive Officer of Rio Tinto Minerals where he improved the business unit's safety performance, increased free cash flow and maintained financial margins in a declining market. During his tenure with Rio Tinto Mr. Gehring also served as Vice President of Operations for Rio Tinto Minerals, in addition to roles as General Manager of operations and projects with Boron Operations in
Newmont operates South America's largest gold mine, Yanacocha, along with the Merian gold mine in Suriname. Merian achieved commercial production in
About Newmont
Newmont is a leading gold and copper producer. The Company's operations are primarily in
Cautionary Statement Regarding Forward Looking Statements:
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbor created by such sections and other applicable laws. Such forward-looking statements may include, without limitation, future production and profitability, future enhancements to performance, prospects for future development and extensions, future portfolio and balance sheet strength, and future value creation and return to shareholders. Where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. However, such statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by the "forward-looking statements." Such risks include, but are not limited to, gold and other metals price volatility, increased production costs and variances in ore grade or recovery rates from those assumed in mining plans, political and operational risks, community relations risks, changes in governmental and environmental regulations and judicial outcomes. For a more detailed discussion of other risks that may impact the Company's future performance, see the Company's 2015 Annual Report on Form 10-K, filed on February 17, 2016, with the Securities and Exchange Commission (
View source version on businesswire.com: http://www.businesswire.com/news/home/20170220005602/en/
Source:
Newmont Mining Corporation
Media Contact
Omar Jabara, 303-837-5114
or
Investor Contact
Meredith Bandy, 303-837-5143
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