Newmont Peñasquito And Miners’ Union Sign New Collective Bargaining Agreement For 2024-2026

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Newmont Peñasquito And Miners' Union Sign New Collective Bargaining Agreement For 2024-2026

October 17, 2024

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Due to open dialogue, the company and the union reached an agreement that prioritizes the safety and well-being of Peñasquito's workforce

ZACATECAS, Mexico, October 18, 2024. ― Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) Newmont Peñasquito and the National Union of Mining, Metallurgical, Steel, and Similar Workers of Mexico (the Union) have agreed on a new Collective Bargain Agreement (CBA) for 2024-2026, reflecting the mutual commitment of all parties.

The agreement is the outcome of a collaborative process characterized by open dialogue and a shared focus on the safety and well-being of our workforce. The Collective Bargain Agreement safeguards the rights of all workers and provides a solid foundation for continuing operations that secures a sustainable future for Peñasquito.

As a company, we remain committed to upholding the highest standards of compliance as we work together with the union to navigate any future challenges, always prioritizing individual safety and fostering a culture of collaboration.

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About Newmont

Newmont is the world's leading gold company and a 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 and has been publicly traded since 1925.
In Mexico, Newmont operates Peñasquito, a polymetallic mine located in the semi-desert of Zacatecas. With nearly 5,000 direct jobs and 28,000 indirect jobs, it is an economic pillar in the region and has been recognized as a Socially Responsible Company for 17 consecutive years.
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 Contact:
Adriana Valdes
[email protected]

Investor Contact:
Neil Backhouse
[email protected]

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