Newmont Goldcorp to start production at Peñasquito Mine in Mexico; names new senior vice president

October 23, 2019

Newmont Goldcorp Corp. announced that it is safely starting up production at the Peñasquito Mine in Mexico following the lifting of the illegal blockade on October 8. With the support of the state and federal governments, including an ongoing police presence, Newmont Goldcorp has commenced an approximately 10-day process of bringing back the operation to full production.

“We appreciate the government’s efforts to uphold the law by assuring ongoing access to and from Peñasquito while continuing to sponsor the dialogue process, should that continue to be needed,” said Tom Palmer, president and chief executive officer. “Our focus is on ensuring a safe startup of operations so our workforce can return to their jobs in an orderly manner.”

Peñasquito has enhanced water availability for the mine’s 25 neighboring communities through a number of projects including water treatment plants, new wells, pipelines and water trucks, along with 90 other infrastructure and community development projects. This includes installing and operating a reverse osmosis water treatment plant in the Cedros community in 2018 with a capacity of 600,000 liters of drinking water per day.

Peñasquito directly employs more than 6,500 people while supporting another 20,000 indirect jobs in the region. Since 2005, Newmont Goldcorp has invested approximately US$5 billion in Peñasquito.

Newmont Goldcorp Corp. also announced that it has appointed accomplished miner Dan Janney to continue improving the company’s safety and operational performance in North America. Most recently, Janney was serving as Newmont Goldcorp’s Group Executive supporting the Full Potential continuous improvement work in the region. He will assume the full accountabilities of the regional senior vice president role in North America.

Janney succeeds Todd White who has served in the role since closing of the Newmont Goldcorp transaction in April. Janney will report directly to Rob Atkinson, executive vice president and chief operating officer.

“Dan’s appointment is intended to accelerate operational and efficiency improvements at our North American sites, while continuing to enhance the region’s safety performance,” said Tom Palmer, president and chief executive officer. “Dan brings 27 years of global mining operations experience and he has successfully led teams to deliver step change improvements in safety, efficiency and productivity. His background and expertise are well suited to lead our work to safely improve costs and productivity and extend mine lives in our North America region. I’d also like to thank Todd White for his service to Newmont Goldcorp.”

Janney joined Newmont in May of 2017 as the general manager for integration and optimization for North America and, in February of 2019, he was appointed general manager operations services for North America.

Prior to joining Newmont, Janney was a technical consultant with Alacer Gold Corp based in Turkey. He also held several senior leadership roles with Rio Tinto including global head of productivity delivery, general manager of Bengalla Mining Company, general manager of Energy Resources Australia, and general manager Smelter with Kennecott Utah Copper.

In North America, Newmont Goldcorp owns and operates six mines, including four in Canada, one in Mexico and one in the United States.



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