- 2014 Performance
- Future Focus
Closure and reclamation of a mining property is a complex process. Done poorly, a closed mine can leave behind safety and environmental issues, economic and social community challenges, ongoing costs and liabilities and a lasting negative legacy. On the other hand, proper mine closure can significantly minimize risks and liabilities, avoid the need to manage the property in perpetuity, and successfully transition the land from a mine site to a new resource that will provide sustainable community benefits for generations to come.
Our commitment to provide for long-term environmental stability and beneficial post-mining land uses is stated in our Sustainability and Stakeholder Engagement Policy, and our approach to fulfilling this commitment is detailed in our Closure and Reclamation Management Standard.
Prior to construction, each Newmont operation must have a closure and reclamation plan that:
- Identifies the technical aspects of closure and associated costs;
- Considers and addresses regulatory, community and stakeholder commitments and expectations identified during stakeholder engagements and social impact assessments;
- Identifies and addresses the risks and impacts of mine closure on the stakeholders and community;
- Establishes design and success criteria that minimize environmental, social and financial risks;
- Includes a concurrent reclamation plan that is integrated into annual and long-term mine plans; and
- Integrates closure and reclamation requirements into the annual mine planning process.
A multidisciplinary Closure and Reclamation Technical Team (CRTT) is responsible for the development and monitoring of the plans and annually preparing closure cost estimates throughout the mine life.
To minimize the social and economic impact of mine closure, our new standard requires sites to engage and involve stakeholders in planning, implementation and monitoring of the closure and reclamation process. Currently, all of our operations engage local stakeholders whenever a significant event – such as a permit change, mine expansion or environmental impact assessment – warrants a review of the mine closure plan.
Concurrent reclamation – the act of rehabilitating land that is no longer required for operations while we are still mining – is effective in achieving successful and sustainable post-closure outcomes. It helps minimize acid rock drainage and other environmental impacts; allows time to test options; takes advantage of the equipment and personnel already on site; and reduces the time required post-closure to achieve a successful outcome. We plan and budget for concurrent reclamation before operations begin and evaluate opportunities during the annual business planning process.