Newmont confirmed its Cadia operation in Orange, New South Wales, Australia has achieved The Copper Mark and The Molybdenum Mark following an independent assessment that recognised the responsible production practices at Australia’s largest underground mine.
Cadia, Newmont’s first site globally to receive the award, successfully met more than 30 criteria needed in critical areas including environment, community, human rights and governance, amongst others.
Newmont’s Cadia is the nation’s second largest copper producer and the third site in Australia to receive The Copper Mark. Cadia is the only operating mine producing molybdenum in Australia and thus the only mine to receive The Molybdenum Mark, a critical mineral used in industry and defense.
Newmont Chief Safety and Sustainability Officer Suzy Retallack said: “Meeting growing global demand for copper brings an obligation to sustainability and responsible mining, which prioritises environmental stewardship, social responsibility and economic development for the communities in which we operate.
“This means our 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.”
In 2020, Cadia entered into a 15-year renewable power purchase agreement (PPA) with Tilt Renewables Limited to buy 55% of the wind farm’s output. Now fully operational, Rye Park is supplying approximately half of Cadia’s power needs.
“Cadia’s commitment to the community supported an investment of almost A$6 million in the 18 months to December 2023 to support community projects, education and infrastructure,” Retallack said.
The Copper Mark’s executive director Michèle Brülhart said that, with this newest award, about 35% of Australia’s copper is produced at sites that have obtained The Copper Mark.
Cadia is located 16 miles (25 kilometres) south-southwest of Orange in Central West New South Wales (NSW) and 250 kilometres west of Sydney, and comprises the Cadia East underground mine, which is one of the largest gold and copper deposits in the world, and Ridgeway Underground Mine, currently in care and maintenance.
Source: Newmont.com