Newmont’s Cadia operation in Australia is the company’s first site globally to achieve The Copper Mark and The Molybdenum Mark credentials for its responsible mining practices.
Newmont acquired Cadia—located 250 kms west of Sydney close to the regional city of Orange—through its A$26B purchase of Newcrest Mining in November 2023.
Cadia is Australia’s largest underground mine, its second largest copper producer and the third copper mine in the country to receive The Copper Mark. It is also the only operating molybdenum mine in Australia and so becomes the country’s first mine to achieve The Molybdenum Mark.
The Copper Mark represents the leading global assurance framework to promote responsible, sustainable and ethical practices across the copper, molybdenum, nickel and zinc value chains.
Newmont’s chief safety and sustainability officer, Suzy Retallack, said “the company’s global customers can now choose to source copper concentrate from an independently evaluated mine that “meets the highest standards in environmental, social and governance practices, responding to the increasing demand for sustainable supply chains.”
With this, about 35% of Australia’s copper is produced at sites that have obtained The Copper Mark, said Michèle Brülhart, The Copper Mark’s Executive Director.