ICMM Announces Newmont CEO, Tom Palmer as New Chair

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ICMM Announces Newmont CEO, Tom Palmer as New Chair

October 3, 2024

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3 October 2024 - 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.

Rohitesh Dhawan, President and CEO of ICMM: "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. 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."

"I am very grateful to Ivan for his leadership which saw ICMM make significant progress in the last two years. Key milestones included our landmark Position Statements on Nature, Diversity, Equity & Inclusion and updated commitments on Indigenous Peoples, and significant progress on members' implementation of the Global Industry Standard on Tailings Management and the development of a Consolidated Responsible Mining Standard."

Tom Palmer, President and Chief Executive of Newmont:"Newmont is a founding member of ICMM, sharing its vision for a safe, just and sustainable mining industry. 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."

Iván Arriagada, CEO of Antofagasta said: "It has been an honour to lead the ICMM Council, and I am proud of the progress we have made, especially on the issues of tailings management, nature, diversity, equity and inclusion and better engagement with Indigenous Peoples. All of these have contributed to improving the standards of the global mining industry. ICMM plays an essential role in championing responsible mining practices, which is more critical than ever as the world's demand for metals and minerals is set to grow to meet the needs of the energy transition. Working together, we can ensure those materials are produced responsibly for the benefit of the common good."

About ICMM

ICMM stands for mining with principles. We bring together a third of the global mining and metals industry, along with key partners to drive leadership, action and innovation for sustainable development, ultimately delivering a positive contribution to society. Through collaboration, ICMM member companies set the standard for responsibly produced minerals and metals in a safe, just and sustainable world.

About Newmont

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.
At Newmont, our purpose is to create value and improve lives through sustainable and responsible mining.

To learn more about Newmont's sustainability strategy and initiatives, go to www.newmont.com.

Media contacts 
Molly Stewart
Senior Manager, Communications ICMM 
[email protected]
+44 (0) 7887 778794

Kristen Dodd 
Director, Communications ICMM 
[email protected]
+44 (0) 7758 785851 

Media Contact
Jennifer Pakradooni
[email protected]

Investor Contact
Neil Backhouse
[email protected]

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