Newmont : Reports - CDP 2022 Water Risk Response

Newmont Corporation - Water Security 2022

W0. Introduction

W0.1

(W0.1) Give a general description of and introduction to your organization.

Newmont Corporation was incorporated in 1921 and recently completed its 100th year as the world's leading gold company. Newmont's corporate headquarters are in Denver, Colorado, USA. In this questionnaire, "Newmont," the "Company," "our" and "we" refer to Newmont Corporation together with our affiliates and subsidiaries.

We are primarily engaged in the exploration for and acquisition of gold properties, some of which may contain copper, silver, lead, zinc or other metals. We have significant operations and assets in the United States of America (USA), Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia and Ghana. At December 31, 2021, Newmont had attributable proven and probable gold reserves of 92.8 million ounces, measured and indicated gold resources of 68.3million ounces and an aggregate land position of approximately 24,300 square miles (62,800 square kilometers. Our operations are organized in four geographic regions: Africa (Ghana), Australia, North America (Canada, Mexico, USA), South America (Argentina, Peru, Suriname), Australia and Africa. In general unless otherwise specified, this questionnaire excludes information for non-managed joint ventures (JVs) such as Pueblo Viejo and Nevada Gold Mines (NGM), exploration activities, projects and closed (legacy) sites.

2021 Business Highlights: In 2021, we produced 5.9 million consolidated ounces of gold, which is sold to international bullion banks. Newmont also produced 71 million

consolidated lbs of copper, 31.4 million oz. of silver, 177 million lbs of lead, and 435 million lbs of zinc. Net income (loss): Delivered Net income (loss) from continuing operations attributable to Newmont stockholders of $1,109 or $1.39 per diluted share. Reference the 2021 10-K Highlights for additional financial information. No portfolio changes occurred during 2021.

As the world's leading gold company, Newmont remains committed to creating value and improving lives through sustainable and responsible mining. We are the only gold company included in the S&P 500 Index and the Fortune 500 list of companies. We have been included in the Dow Jones Sustainability Index-World since 2007 and have adopted the World Gold Council's Conflict-Free Gold Policy. Since 2015, Newmont has been ranked as the mining and metal sector's top gold miner by the SAM S&P Corporate Sustainability Assessment. Newmont was ranked the top miner in 3BL Media's 100 Best Corporate Citizens list which ranks the 1,000 largest publicly traded U.S. companies on ESG transparency and performance since 2020.

In the area of water, we believe that access to clean, safe water is a human right, and reliable water supplies are vital for hygiene, sanitation, livelihoods and the health of the environment. Because water is also critical to our business, we recognize the need to use water efficiently, protect water resources, and collaborate with the stakeholders within the watersheds where we operate to effectively manage this shared resource. We operate in water-stressed areas with limited supply and increasing population and water demand. Increasing pressure on water use may occur due to increased populations in and around communities in proximity to our operations. We have set annual water efficiency targets to reduce fresh water consumption and annual action plans to work towards water stewardship in the watersheds within which we operate. Our global Water Strategy was initially developed in 2014, and guides our efforts to understand shared challenges, reduce water-related risks across the business and improve our water management performance. The strategy is supported by standards/guidelines, governance from the corporate to the site level, and validation through reporting of performance and critical controls. Managing water-related risk targets the specific areas in which we operate, and takes into consideration the physical environment, social and regulatory context.

W-MM0.1a

(W-MM0.1a) Which activities in the metals and mining sector does your organization engage in?

Activity	Details of activity
Mining	Copper
	Gold
	Silver
	Zinc
	Lead
Processing	Copper
	Gold
	Silver
	Zinc
	Lead

W0.2

(W0.2) State the start and end date of the year for which you are reporting data.

		Start date	End date
	Reporting year	January 1 2021	December 31 2021

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W0.3

(W0.3) Select the countries/areas in which you operate.

Argentina

Australia

Canada

Ghana

Mexico

Peru

Suriname

United States of America

W0.4

(W0.4) Select the currency used for all financial information disclosed throughout your response.

USD

W0.5

(W0.5) Select the option that best describes the reporting boundary for companies, entities, or groups for which water impacts on your business are being reported.

Companies, entities or groups over which operational control is exercised

W0.6

(W0.6) Within this boundary, are there any geographies, facilities, water aspects, or other exclusions from your disclosure?

Yes

W0.6a

(W0.6a) Please report the exclusions.

Exclusion	Please explain
In general unless otherwise specified, this questionnaire excludes	Non-managed joint ventures are excluded, as they are reported through the managing organization. We work closely with the managing
information for non-managed joint ventures (JVs) such as Pueblo	organizations of our joint ventures to align with Newmont's water strategy and standards. We cannot provide a quantitative measure of the
Viejo and Nevada Gold Mines (NGM), exploration activities, projects	proportion of water volumes that the exclusion of non-managed joint ventures represents, as we do not have access to facility-level water
at new sites, and closed (legacy) sites.	accounting data for these operations from the managing organizations.
	Water withdrawals, consumptions, and discharges (pollution load) for exploration, projects at new sites, and closed (legacy) sites is
	considered to be immaterial in comparison to values for operations (i.e., represents much less than 5%of these values at the enterprise level).
	Projects at existing sites/operations are included in discussions.

W0.7

(W0.7) Does your organization have an ISIN code or another unique identifier (e.g., Ticker, CUSIP, etc.)?

Indicate whether you are able to provide a unique identifier for your organization.	Provide your unique identifier
Yes, a Ticker symbol	NEM on New York Stock Exchange
Yes, a Ticker symbol	NGT on Canadian Stock Exchange

W1. Current state

W1.1

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(W1.1) Rate the importance (current and future) of water quality and water quantity to the success of your business.

	Direct use	Indirect	Please explain
	importance	use
	rating	importance
		rating
Sufficient	Neutral	Important	The direct use of water for our operations is primarily for material processing and transport, cooling and dust control. Indirect inputs of freshwater to our operations
amounts of			occurs through net precipitation inputs to operational facilities (e.g., onto TSFs, pits, waste rock facilities, and WSF) and dewatering activities. These indirect inputs are
good quality			significant and are managed through separation of contact water from non-contact water to the maximum practicable extent.
freshwater
available for use			A "neutral" value was used for direct freshwater as we try to minimize the amount of freshwater withdrawals by maximizing reuse of stored water, recycling, and
			prioritizing lower water quality water. Newmont's Global Water Strategy includes a systematic approach to account for the amount and quality of water inputs, outputs
			and losses. This also includes identifying the percent recycled. The information is used to identify areas where we can improve efficiencies and utilize lower-quality water
			for the process. This information is tracked on a quarterly basis and consolidated on an annual basis to identify areas of improvement. This assignment of importance is
			not expected to change in the future, as we expect that direct uses of freshwater will continue at our operations, though they will continue to be further deprioritized.
			An "important" value was assigned for indirect freshwater in our value chain, as our supply chain includes products that are water intensive (e.g., construction materials
			like steel, timber, cement, equipment, and reagents like cyanide, caustic soda, and lime). However, through our Supplier Risk Management system and our Product
			Stewardship Standard, we strive to influence our value chain to reduce reliance on freshwater. As such, this assignment of importance may be downgraded in the long-
			term.
Sufficient	Important	Not very	The direct use of water for our operations is primarily for material processing and transport, cooling and dust control.
amounts of		important
recycled,			An "important" value was assigned for direct use of recycled and brackish water., as we place a higher value on utilizing recycled water and water of lower water quality.
brackish and/or			Newmont's Global Water Strategy includes a systematic approach to account for the amount and quality of water inputs, outputs and losses. This also includes
produced water			identifying the percent recycled. The information is used to identify areas where we can improve efficiencies and utilize lower-quality water for the process. This
available for use			information is tracked on a quarterly basis and consolidated on an annual basis to identify areas of improvement. This assignment of importance is not expected to
			change in the future, as we expect that direct uses of recycled and brackish water will continue at our operations, and possibly be increased as freshwater offsetting is
			prioritized.
			A "not very important" value was assigned for indirect use of recycled, brackish, and/or produced water in our value chain, as few of the products in our supply chain rely
			on these types of water. However, through our Supplier Risk Management system and our Product Stewardship Standard, we strive to influence our value chain to
			reduce reliance on freshwater. As such, this assignment of importance may be upgraded in the long-term.

W1.2

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(W1.2) Across all your operations, what proportion of the following water aspects are regularly measured and monitored?

	% of	Please explain
	sites/facilities/operations
Water withdrawals -	100%	All of Newmont's operations (100%) measure the total volume of water withdrawn. The withdrawal volumes are measured continuously and reviewed on a
total volumes		monthly basis to ensure compliance and track performance towards water efficiency targets. Information is tracked within the Water Accounting Framework
		(WAF) and within our internal management system (Enablon). This information is reviewed on a monthly basis and consolidated on an annual basis. Information
		is then reviewed by an external consultant to perform a QA/QC and subject to external audit/verification. Information is disclosed through our Annual
		Sustainability Report.
Water withdrawals -	100%	All of Newmont's operations (100%) measure the total volume of water withdrawn by source. The withdrawal volumes are measured continuously and reviewed
volumes by source		on a monthly basis to ensure compliance and track performance towards water efficiency targets. Information is tracked within the Water Accounting Framework
		(WAF) and within our internal management system (Enablon). This information is reviewed on a monthly basis and consolidated on an annual basis. Information
		is then reviewed by an external consultant to perform a QA/QC and subject to external audit/verification. Information is disclosed through our Annual
		Sustainability Report.
Entrained water	100%	All of Newmont's operations (100%) calculate entrained water volumes by measuring ore moisture content and multiplying by the tonnage of ore processed or
associated with your		placed in leach facilities. This information is reviewed on a monthly basis and consolidated on an annual basis. Information is then reviewed by an external
metals & mining		consultant to perform a QA/QC and subject to external audit/verification. Information is disclosed through our Annual Sustainability Report.
sector activities - total
volumes [only metals
and mining sector]
Produced water
associated with your
oil & gas sector
activities - total
volumes [only oil and
gas sector]
Water withdrawals	100%	All of Newmont's operations (100%) measure the total volume of water withdrawn by quality. The withdrawal volumes are measured continuously. Water quality
quality		is monitored via sampling and analysis at a frequency established within the environmental management system of each operation to meet both regulatory
		requirements and Newmont's Water Management Standard. Volume and quality data are reviewed on a monthly basis to ensure compliance and track
		performance towards water efficiency targets. Information is tracked within the Water Accounting Framework (WAF) and within our internal management system
		(Enablon). This information is reviewed on a monthly basis and consolidated on an annual basis. Information is then reviewed by an external consultant to
		perform a QA/QC and subject to external audit/verification. Information is disclosed through our Annual Sustainability Report.
Water discharges -	100%	All of Newmont's operations (100%) measure the total volume of water discharges. The discharge volumes are measured continuously or during discharge
total volumes		periods. Volume data are reviewed on a monthly basis to ensure compliance and track performance. Information is tracked within the Water Accounting
		Framework (WAF) and within our internal management system (Enablon). This information is reviewed on a monthly basis and consolidated on an annual basis.
		Information is then reviewed by an external consultant to perform a QA/QC and subject to external audit/verification. Information is disclosed through our Annual
		Sustainability Report.
Water discharges -	100%	All of Newmont's operations (100%) measure the total volume of water discharges by destination. The discharge volumes are measured continuously or during
volumes by		discharge periods. Volume data are reviewed on a monthly basis to ensure compliance and track performance. Information is tracked within the Water
destination		Accounting Framework (WAF) and within our internal management system (Enablon). This information is reviewed on a monthly basis and consolidated on an
		annual basis. Information is then reviewed by an external consultant to perform a QA/QC and subject to external audit/verification. Information is disclosed
		through our Annual Sustainability Report.
Water discharges -	100%	All of Newmont's operations (100%) measure the total volume of water discharges by treatment method (e.g., by acid water treatment, by process water
volumes by treatment		treatment, by reverse osmosis, by sewage treatment, by other). The discharge volumes are measured continuously or during discharge periods. Volume and
method		quality data are reviewed on a monthly basis to ensure compliance and track performance. Information is tracked within the Water Accounting Framework (WAF)
		and within our internal management system (Enablon). This information is reviewed on a monthly basis and consolidated on an annual basis. Information is then
		reviewed by an external consultant to perform a QA/QC and subject to external audit/verification. Information is disclosed through our Annual Sustainability
		Report.
Water discharge	100%	All of Newmont's operations (100%) measure water discharge quality ("standard effluent parameters") via sampling and analysis at a frequency established
quality - by standard		within the environmental management system of each operation to meet both regulatory requirements and Newmont's Water Management Standard. Volume
effluent parameters		and quality data are reviewed on a monthly basis to ensure compliance and track performance. Information is tracked within our internal management system
		(Enablon). This information is reviewed on a monthly basis and consolidated on an annual basis. Information is then reviewed by an external consultant to
		perform a QA/QC and subject to external audit/verification. Information is disclosed through our Annual Sustainability Report.
Water discharge	100%	All of Newmont's operations (100%) measure water discharge quality - temperature via sampling and analysis at a frequency established within the
quality - temperature		environmental management system of each operation to meet both regulatory requirements and Newmont's Water Management Standard. Temperature data
		are reviewed on a monthly basis to ensure compliance and track performance. Information is tracked within our internal management system (Enablon). This
		information is reviewed on a monthly basis and consolidated on a frequency established to meet regulatory requirements.
Water consumption -	100%	All of Newmont's operations (100%) estimate the total volume of water consumption based on the difference between water withdrawal and water discharge, as
total volume		well as using the ICMM definition of consumption as the sum of total evaporation, total entrainment, and other losses. Information is tracked within the Water
		Accounting Framework (WAF) and within our internal management system (Enablon). This information is reviewed on a monthly basis and consolidated on an
		annual basis. Information is then reviewed by an external consultant to perform a QA/QC and subject to external audit/verification. Information is disclosed
		through our Annual Sustainability Report.
Water	100%	All of Newmont's operations (100%) estimate the volume and percentage of water recycled/reused. Information is tracked within the Water Accounting
recycled/reused		Framework (WAF) and within our internal management system (Enablon). This information is reviewed on a monthly basis and consolidated on an annual basis.
		Information is then reviewed by an external consultant to perform a QA/QC and subject to external audit/verification. Information is disclosed through our Annual
		Sustainability Report.
The provision of fully-	100%	Our Water Management Standard and Sustainability and Stakeholder Engagement Policy requires that fully-functioning, safely managed WASH services be
functioning, safely		provided to all Newmont employees and contractors at our operations. The performance of the WASH services are routinely monitored and reported internally
managed WASH		and externally.
services to all workers

W1.2b

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(W1.2b) What are the total volumes of water withdrawn, discharged, and consumed across all your operations, and how do these volumes compare to the previous reporting year?

	Volume	Comparison	Please explain
	(megaliters/year)	with
		previous
		reporting
		year
Total	194949	About the	Water withdrawals were about the same in 2021 compared to 2020, with a slight increase (2%) in 2021 due to increased groundwater withdrawal, attributable to
withdrawals		same	resuming normal operations (compared to COVID-related disruptions in 2020) and drier conditions at Peñasquito. However, we are measuring improvements in water
			efficiency against a 2018 baseline. In 2021, water withdrawals were approximately 4% lower than in 2018. We define "About the same" as an increase or decrease
			of 5% or less year-over-year.
Total	94884	Higher	Water discharges were higher (9%) in 2021 than in 2020 due to wetter conditions at several of our operations. The excess water is returned to the environment
discharges			through discharge. Discharged water meets internal standards and external regulatory requirements. We define "Higher" as an increase of greater than 5% and up
			to 25% year-over-year.
Total	100065	Lower	Water consumption was slightly lower (3%) in 2021 than in 2020 on an absolute basis. However, on an intensity basis (i.e., volume per gold equivalent ounce
consumption			produced), water consumption was lower (8%) in 2021 than in 2020 and as compared against the 2018 baseline. We define "Lower" as a decrease of greater than
			5% and up to 25% year-over-year.

W1.2d

(W1.2d) Indicate whether water is withdrawn from areas with water stress and provide the proportion.

	Withdrawals	%	Comparison	Identification	Please explain
	are from	withdrawn	with	tool
	areas with	from	previous
	water stress	areas with	reporting
		water	year
		stress
Row	Yes	11-25	About the	WRI	We utilize both WRI and our own internal risks to evaluate those sites that we consider to be in a water stressed area. The WRI Aqueduct is a data
1			same	Aqueduct	platform run by World Resources Institute, an environmental research organization. The tool uses global data to asses water risk. For the purposes of
					this evaluation water stress is identified based on the indicator within Aqueduct for baseline water stress. The Aqueduct tool indicates that Peñasquito
					and CC&V are in water stressed areas (high level of baseline water stress). Internally, we have also completed risk evaluations on water availability at
					our operations and potential impacts on external systems. Based on our internal risk evaluations we also consider Tanami and Cerro Negro to be
					water stressed. For this question we have just used the results from the Aqueduct tool to estimate the withdrawal from water stressed areas which
					includes Peñasquito and CC&V. The withdrawal from Peñasquito and CC&V is (31,565 +4,396)= 35,961 ML as compared to a total of 194,949 ML,
					which equates to ~18%. The reason that we use this hybrid approach is that the WRI tool does not provide granularity at the site level, and we utilize
					these valuations to set metrics and targets for our operations.
					We define "About the same" as not changing the range of percentage withdrawn from areas with water stress year-over-year.

W1.2h

(W1.2h) Provide total water withdrawal data by source.

	Relevance	Volume	Comparison	Please explain
		(megaliters/year)	with
			previous
			reporting
			year
Fresh surface water,	Relevant	104701	About the	Withdrawals from fresh surface water represent a relevant percentage of our total withdrawal (54%). The value presented here includes
including rainwater,			same	surface water and precipitation from all of our operations except Boddington, where surface water is considered to be brackish water.
water from wetlands,				The total surface water (with Boddington) - 10,000 ML (surface water) and 102,938 (precipitation) = 112,938 ML. Without Boddington (8,237
rivers, and lakes				ML) the total is 104,701 ML (112,938 ML, Total - 8,237 ML = 104,701 ML). The 2021 withdrawal was slightly higher (2%) than the 2020
				withdrawal (102,251 ML), largely due to wetter conditions (i.e., more precipitation) at several of our operations.
				We define "About the same" as an increase or decrease of 5% or less year-over-year.
Brackish surface	Relevant	8237	Much lower	Withdrawals from brackish water represent a low but relevant percentage of our total withdrawal (4%). We do not have seawater withdrawal
water/Seawater				at any of our operations. We do use brackish (high salinity) surface water at our Boddington operation that has been designated for
				industrial/mining use only. The 2021 withdrawal was much lower (20%) than the 2020 withdrawal (10,341 ML), due to wetter conditions (i.e.,
				increased precipitation inputs to the water balance) at Boddington.
				We define "Much lower" as a decrease of greater than 25% year-over-year.
Groundwater -	Relevant	80412	Higher	Withdrawals from renewable groundwater represent a relevant percentage of our total withdrawal (41%). Renewable groundwater is defined
renewable				as groundwater that recharges itself through the hydrologic cycle within a measurable period as compared with the human lifecycle (less
				than 100 years). The 2021 groundwater withdrawal was higher (6%) than the 2020 withdrawal (75,871 ML).
				We define "Higher" as an increase of greater than 5% and up to 25% year-over-year.
Groundwater - non-	Not		<>	We do not withdraw water from groundwater resources that are considered to be non-renewable.
renewable	relevant		Applicable>
Produced/Entrained	Not		<>	We estimate the volume of water that is entrained in the ore and this volume is included in groundwater withdrawals. The volume of
water	relevant		Applicable>	entrained/produced water is included as part of the volume of renewable groundwater and, therefore, is considered as non-relevant here.
Third party sources	Relevant	1599	Much lower	Withdrawals from third party sources represent a low but relevant percentage of our total withdrawal (1%). The 2021 third party sources
				withdrawal was lower (16%) than the 2020 withdrawal (1,909 ML). Only one of our operations, Cripple Creek & Victor, obtains a relevant
				portion of its water withdrawal from third party sources (1,402 ML of 4,396 ML total). Other operations obtain drinking water supplies
				(including bottled water) from third party sources.
				We define "Much lower" as a decrease of greater than 25% year-over-year.

W1.2i

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