ICMM Announces Newmont CEO, Tom Palmer as New Chair
Press Release
Today, ICMM announces Tom Palmer, President and Chief Executive Officer of Newmont, as its new Chair, succeeding Iván Arriagada, CEO of Antofagasta Minerals.
ICMM is governed by its Council which comprises the CEOs of its 24 member companies. The Chair is appointed from within this group and serves in the position for approximately two years.
“I am delighted to welcome Tom as our new Chair as we embark on our new strategy to drive responsible mining practices under a consolidated Standard while enhancing dialogue and engagement with our stakeholders," said Rohitesh Dhawan, President and CEO of ICMM. "Tom has led by example in this regard, having Chaired ICMM’s Social Performance Advisory Group and through his genuine sustainability leadership within our industry.”
Newmont is the world’s leading gold company and producer of copper, zinc, lead, and silver. The company’s world-class portfolio of assets, prospects and talent is anchored in favorable mining jurisdictions in Africa, Australia, Latin America & Caribbean, North America, and Papua New Guinea. Newmont is the only gold producer listed in the S&P 500 Index and is widely recognized for its principled environmental, social, and governance practices. Newmont is an industry leader in value creation, supported by robust safety standards, superior execution, and technical expertise. Founded in 1921, the company has been publicly traded since 1925.
“Newmont is a founding member of ICMM, sharing its vision for a safe, just and sustainable mining industry," said Tom Palmer, President and Chief Executive of Newmont. "I look forward to working closely with ICMM leadership, Council members, and the wider mining industry. My focus will be on building support across the sector for a consolidated mining standard. I believe this to be key to enhancing the reputation of the industry and give stakeholders confidence that the materials we mine are done so in a responsible manner.”