Gary J. Goldberg was appointed President and Chief Executive Officer and joined the Board of Directors of Newmont Mining Corporation on March 1, 2013. He previously served as President and Chief Operating Officer since July 2012 and as Executive Vice President and Chief Operating Officer since December 2011. Newmont is a leading mining company with gold and copper operations in the United States, Australia, Ghana, Peru and Suriname. The company is headquartered in Denver, Colorado, and has about 25,000 employees and contractors worldwide.
Mr. Goldberg is credited with turning Newmont’s performance around through a disciplined focus on value over volume. The company now leads the gold sector in market capitalization, gold production and value creation as measured by free cash flow generation. This performance is the result of successful efforts to improve underlying costs, efficiencies and technical performance; to optimize the company’s asset portfolio and growth pipeline; and to strengthen the balance sheet. Newmont has also reduced its injury rates by nearly 50 percent, been named the mining sector leader in the Dow Jones Sustainability Index for three consecutive years, and increased female and national representation in its workforce under Mr. Goldberg’s leadership.
He received a lifetime achievement award for his contribution to safety in the mining industry from the Society of Metallurgical Engineers in 2014; was inducted into the American Mining Hall of Fame in 2017; and was awarded the Charles F. Rand Memorial Gold Medal for his leadership and contributions to the mining industry in value, sustainability and safety in 2018.
Prior to joining Newmont, Mr. Goldberg gained more than 30 years’ experience in the mining industry through leadership roles in coal, gold, copper and industrial minerals businesses. Before joining Newmont, he served as President and Chief Executive Officer of Rio Tinto Minerals (RTM), where he was responsible for 19 mines and 29 processing facilities producing industrial mineral products. During his time at RTM, he improved earnings by 50 percent and reduced workplace injuries by 40 percent. He also served as Chairman of the National Mining Association in the United States from 2008 to 2010, where he led the CEO’s Safety Task Force and launched the CORESafety® initiative, with an aggressive goal of eliminating fatalities and reducing mining’s injury rate by 50 percent over the next five years.
Prior to this appointment, he served as President and CEO of US Borax. During his tenure, Borax was twice named the safest large mining operation in the United States by the federal Mine Safety & Health Administration and became the first mining company to receive the California Governor’s Environmental and Economic Leadership Award. He was also appointed to the Board of Directors of the California Climate Action Registry following Borax being named the first mining company to report its emissions and one of only 40 companies statewide to earn the distinction of Climate Action Leader™ under this rigorous program.
Before joining the industrial minerals sector, Mr. Goldberg was Managing Director of Coal & Allied Industries Limited in New South Wales, Australia, one of the world’s leading coal businesses. Under Mr. Goldberg’s direction, Coal & Allied received a national environmental award for its work to restore native habitats and achieve sustainable land use in Australia. He served as director of Port Waratah Coal Services in Newcastle as well as the Australian Coal Association Sustainable Development Program Ltd., and as a member of the New South Wales Minerals Council. Mr. Goldberg was also appointed to the Australian Government’s Business Roundtable on Sustainable Development.
Prior to his appointment as head of Coal & Allied, Mr. Goldberg was President and Chief Executive Officer of Kennecott Energy, headquartered in Gillette, Wyoming. He held numerous other leadership roles throughout the Rio Tinto Group, including Mining Manager for Kennecott Utah Copper; General Manager of Colowyo Coal Company; and Mining Executive reporting to the Chief Executive of Rio Tinto’s Gold and Other Minerals product group based in London, England.
Mr. Goldberg holds a bachelor’s of science degree in Mining Engineering from the University of Wisconsin – Platteville, and a master’s of business administration degree from the University of Utah. He and his wife Beth live in Colorado and have two children, Anna and Brian.
Mr. Goldberg’s community and industry leadership appointments include:
- Member, Mining and Metals sector of the World Economic Forum – The Forum engages the 1,000 foremost political, business and civil society leaders to shape global, regional and industry agendas for positive social, environmental and economic change.
- Board Director, International Council on Mining & Minerals (ICMM) – ICMM is an international organization comprised of the world’s top mining and minerals companies and associations dedicated to improving the industry’s social and environmental performance.
- Board Director, World Gold Council – The Council works to stimulate demand and develop innovative uses of gold and to realize gold’s potential across society.
- CEO representative, Day of Reflection – An initiative to build engagement and understanding between mining industry leaders and faith-based groups – including the Catholic Church, Methodist Church and the Church of England – and to establish shared goals to maximize the social benefits of responsible and sustainable mining.
- Trustee, Boy Scouts of America, Denver Area Council – one of the nation’s largest and most prominent values-based youth development organizations, dedicated to preparing young people for citizenship, community service, and making ethical and moral choices over their lifetimes.
- Founding member, Women on Colorado Boards – a group of Colorado business leaders working to make more gender-balanced leadership a reality, and to achieve a goal of three or more women directors on the boards of all of Colorado’s Fortune 1000 companies.
- Project C.U.R.E. – a volunteer organization that has, through its partnership with Newmont, delivered more than $14 million worth of life-saving medical supplies and equipment to hospitals and clinics in some of the world’s most vulnerable regions. Mr. Goldberg regularly delivers medical supplies to communities surrounding Newmont operations – including an ultrasound machine he purchased for a maternity hospital in rural Ghana – and in 2016, launched a program to donate $50 to Project C.U.R.E. every time a Colorado Rockies pitcher throws a strike-out, which raises more than $60,000 per season for the group.
Gary Goldberg will be presenting on: : Aligning business growth opportunities with sustainable practices across the industry – top three considerations of CEOs today. Download the programme here.