TIMELINE
Celebrates 100 Years
Newmont was founded by Colonel William Boyce Thompson in 1921 . Celebrating 100 years since its early beginnings in mining in California , Newmont grew to become a geographically diverse and diversified mining house . Following international expansion and a series of mergers and acquisitions , Newmont is currently the world ’ s leading gold mining company with 12 operating mines and two joint ventures , all in top-tier jurisdictions across North America , South America , Australia and Africa .
1937 1961 1971
Acquires two historic lead , zinc , and gold mines , and opens the O ’ okiep copper mine in South Africa , becoming a major source of supply to Allied Forces during World War II .
With the discovery of Nevada ’ s prolific Carlin Trend , Newmont begins production on the world ’ s first open pit ‘ submicroscopic ’ gold mine , which revolutionises the gold industry .
Utilises heap leaching technology on sub-mill grade ores at Carlin and celebrates 50th anniversary with revenues of $ 241mn .
16 July 2021