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  • Writer's pictureShernel Thielman

Newmont Corporation and Project C.U.R.E.: A Golden Partnership Saving Lives

In a testament to corporate responsibility and global impact, Newmont Corporation and Project C.U.R.E. have announced a five-year agreement aimed at delivering vital medical supplies and life-saving training to healthcare providers in developing countries and communities near Newmont mining operations.

Under this transformative agreement, Newmont has committed to an annual contribution of $200,000 over the next five years, totaling an impressive $1 million. This commitment reflects Newmont's dedication to making a positive impact on over 10 million people globally through its partnership with Project C.U.R.E.

Suzy Retallack, Newmont’s Chief Safety and Sustainability Officer, expressed pride in the collaboration, stating, "Creating a positive impact on more than 10 million people globally, through our partnership with Project C.U.R.E., is something we are incredibly proud of." This partnership, spanning nearly two decades, has consistently delivered support to host communities near Newmont's operations and around the world.

A History of Impactful Initiatives:

Since 2005, Newmont's collaboration with Project C.U.R.E. has resulted in the distribution of over $42 million worth of crucial medical supplies and equipment. Key highlights of this enduring partnership include:

  1. Funding 108 shipping containers of medical equipment to 36 countries.

  2. Impacting over two million patients through support of the C.U.R.E. Cargo program.

  3. Training more than 440 medical professionals in resource-limited environments to reduce neonatal and maternity morbidity and mortality.

  4. Contributing $5 million to support humanitarian efforts related to the ongoing war in Ukraine.

  5. Delivering 164 C.U.R.E. kits to healthcare facilities in various countries through Newmont employees.

Dr. Douglas Jackson, President and CEO of Project C.U.R.E., commended the partnership, stating, "In countries like Ghana and Suriname and now Mexico, Guatemala, and others, we have established a figurative gold standard for corporate social responsibility."

Global Volunteerism:

Beyond financial contributions, Newmont's employees worldwide actively participate in volunteer opportunities. They dedicate hundreds of hours to activities such as sorting supplies at the Project C.U.R.E. warehouse, packing and unloading containers, and carrying medical kits to communities near Newmont operations.

About Project C.U.R.E.:

Established in 1987, Project C.U.R.E. has become the world's largest distributor of donated medical supplies and equipment to people in developing countries. The organization has delivered over $1 billion of medical relief to save lives in 138 countries. Project C.U.R.E. empowers healthcare professionals with the tools they need to treat diseases, deliver vaccines, perform surgeries, and ensure safe childbirth.

About Newmont:

Newmont stands as the world's leading gold company and a producer of copper, zinc, lead, and silver. With a portfolio anchored in favorable mining jurisdictions, Newmont has a global presence in Africa, Australia, Latin America & the Caribbean, North America, and Papua New Guinea. The company is recognized for its principled environmental, social, and governance practices, making it the only gold producer listed in the S&P 500 Index.

In conclusion, the partnership between Newmont Corporation and Project C.U.R.E. exemplifies the positive impact that responsible corporate initiatives can have on global communities. As the collaboration unfolds over the next five years, the commitment to improving healthcare in underserved regions continues to be a beacon of hope.

Investment Disclaimer: This blog post is for informational purposes only and does not constitute investment advice, endorsement, or a solicitation. Any investment decisions should be based on individual research and consultation with a qualified financial professional. Past performance does not guarantee future results.

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