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Company Directory - Newcrest Mining Limited

Company Details - Newcrest Mining Limited

Newcrest Mining Limited Logo

Newcrest Mining Limited

Website

Melbourne, Australia

ASX: NCM 

Newcrest Mining Limited is an Australian gold mining company primarily engaged in the exploration, development, mining, and sale of gold and gold-copper concentrate. It is one of the world's largest gold producers.

CCI Score

CCI Score: Newcrest Mining Limited

-2.42

0.01%

Latest Event

Newcrest Mining: Commitment to Human Rights and Sustainability

Newcrest Mining's sustainability report emphasizes its commitment to respecting human rights through comprehensive environmental policies, community social baseline studies, rigorous water stewardship, and responsible tailings management. These initiatives are presented as a proactive effort to mitigate potential adverse human rights impacts from mining operations.

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BYSTANDER

Newcrest Mining Limited is currently rated as a Bystander.

-1 to -4 CCI Score
Companies scoring here do little to oppose authoritarianism. Their inaction results in a passive endorsement of the status quo, as they neither actively resist oppression nor contribute to overt support for it.

Latest Events

  • Newcrest Mining: Commitment to Human Rights and Sustainability Logo
    JAN
    01
    2025

    Newcrest Mining's sustainability report emphasizes its commitment to respecting human rights through comprehensive environmental policies, community social baseline studies, rigorous water stewardship, and responsible tailings management. These initiatives are presented as a proactive effort to mitigate potential adverse human rights impacts from mining operations.

  • +80

    Labor Relations and Human Rights Practices

    March 26

    The article from Newcrest highlights strong self-reported initiatives that address human rights and environmental sustainability. By undertaking community social baseline studies and implementing robust standards in water management and tailings safety, Newcrest demonstrates a commitment to mitigating human rights and related environmental risks. However, as these measures are self-disclosed, independent verification remains important.

    Human Rights

  • Human Rights Complaint Filed Over Toxic Waste Dumping in PNG Logo
    NOV
    20
    2023

    A human rights complaint has been lodged with the AusNCP alleging that Newcrest Mining failed to secure community consent and perform adequate environmental assessments for its proposed toxic waste dumping at the Huon Gulf in Papua New Guinea. The complaint argues that these actions violate community rights and undermine environmental and human rights protections.

  • -50

    Business Practices and Ethical Responsibility

    March 26

    The complaint alleges that Newcrest Mining did not obtain proper community consent and failed to conduct an adequate environmental assessment before proceeding with plans to dump toxic mining waste in PNG. This neglect of due diligence and responsibility reflects a disregard for ethical business practices and human rights, which aligns with broader concerns of corporate complicity in authoritarian practices by undermining local communities' rights.

    Papua New Guinea: Human Rights Complaint Filed with AusNCP Over Newcrest’s Plans To Dump Waste In PNG

  • Newcrest Mining Statement on Human Rights and Ethical Practices Logo
    OCT
    01
    2023

    Newcrest Mining published a response on the Business & Human Rights Resource Centre website, strongly denying allegations regarding its involvement in public health, environmental, and human rights abuses. The company states that the report contains substantial factual inaccuracies, and it reaffirms its commitment to respect and protect the human rights of all its stakeholders.

  • +40

    Labor Relations and Human Rights Practices

    March 26

    The company’s public statement robustly denies claims of human rights abuses and emphasizes its commitment to upholding labor rights and ethical practices. This response, aimed at correcting factual inaccuracies in a critical report, indicates a proactive stance towards maintaining human rights standards. While the statement is positive, the lack of independent verification and detailed action plans tempers the overall score.

    Response from Newcrest Mining - Business & Human Rights Resource Centre

  • Modern Slavery Statement - Newcrest Logo
    JUN
    30
    2023

    Newcrest Mining Limited released its fourth annual Modern Slavery Statement for FY23, detailing enhanced human rights training, thorough reviews of high-risk supply chain areas, and improved grievance mechanisms to combat modern slavery across its operations and supply chains.

  • +80

    Labor Relations and Human Rights Practices

    March 26

    The statement shows a strong commitment to labor relations and human rights by mandating updated human rights training and improving grievance channels. These efforts help equip employees to recognize and respond to modern slavery risks, reflecting positively on Newcrest's labor practices.

    Modern Slavery Statement

  • +70

    Supply Chain Ethics

    March 26

    The document details proactive measures in supply chain oversight, including deep dive reviews of high-risk areas. These actions indicate a responsible approach to managing modern slavery risks within supply chains, contributing positively to ethical sourcing practices.

    Modern Slavery Statement

  • Environmental mismanagement allegations against Newcrest Mining's Lihir Gold Logo
    JAN
    01
    2023

    Newcrest Mining's subsidiary, Lihir Gold, faces serious allegations over water over-extraction and mine waste dumping in Papua New Guinea, negatively impacting local communities and marine environments.

  • -70

    Business Practices and Ethical Responsibility

    March 26

    The report details allegations against Lihir Gold, a subsidiary of Newcrest Mining, for over-extracting water and dumping mine waste into the marine environment. These actions demonstrate a severe neglect of ethical business practices and corporate responsibility, adversely affecting the livelihoods of local residents.

    Papua New Guinea: Mining co. Lihir Gold accused of water over-extraction & mine waste dumping in marine environment

  • Foreign Corporate Influence and Mining Lobbying in Australia Logo
    NOV
    01
    2021

    A report by the Australia Institute details how the Australian mining industry uses lobbying groups, predominantly controlled by foreign interests, to influence government policy. Although Newcrest Mining Limited is not explicitly mentioned, as a major player in the industry it may be indirectly implicated in practices that undermine democratic processes.

  • -75

    Political Contributions and Lobbying Efforts

    October 1

    The report underscores significant lobbying expenditures in the Australian mining sector, financed by membership fees to lobby groups whose boards are dominated by foreign companies. This concentration of foreign control in decision-making bodies raises serious concerns about the integrity of democratic processes. While Newcrest Mining Limited is not directly singled out, the company’s participation in this industry context implies indirect complicity in enabling such influence.

    Undermining our democracy: Foreign corporate influence through the Australian mining lobby

  • Newcrest Mining's Lobbying Practices and Foreign Influence Logo
    AUG
    01
    2017

    A report by The Australia Institute reveals that the Australian mining industry, which includes Newcrest Mining, has spent over $541 million on lobbying. The findings point to significant foreign influence and a revolving door of political connections, undermining democratic processes in Australia.

  • -70

    Political Contributions and Lobbying Efforts

    March 26

    The Australia Institute report highlights that the Australian mining lobby has been heavily funded, largely through foreign-owned companies. Newcrest Mining, as one of the companies represented within industry bodies like the Minerals Council of Australia (with board representation by figures from Newcrest), plays a role in this lobbying ecosystem. The significant political expenditure and the influence over policy decisions underline a prioritization of corporate interests over public democratic processes, contributing negatively to public and political behavior.

    PDF Undermining our democracy - The Australia Institute

  • Newcrest Mining: Environmental and Human Rights Violations in Indonesia Logo
    APR
    28
    2004

    Protest and legal action against Newcrest Mining for allegedly violating Indonesian forestry law, mismanaging environmental regulations, and engaging in human rights abuses through the use of a violent paramilitary security force.

  • -80

    Business Practices and Ethical Responsibility

    March 26

    Newcrest Mining is accused of breaching environmental regulations in Indonesia by clearing a new open-cut mine site in the Toguraci Protected Forest in violation of national forestry laws. The company’s practices, compounded by its reported involvement in enabling a violent paramilitary security force to suppress local protests, undermine ethical business practices and exhibit complicity in fostering conditions that favor authoritarian enforcement.

    Lawsuit: Newcrest's Indonesian mining violations challenged

  • -75

    Labor Relations and Human Rights Practices

    March 26

    The incident highlights severe human rights concerns. Newcrest Mining is implicated in the use of a violent, paramilitary security force (BRIMOB) which has been reported to have opened fire on protestors and contributed to the harassment and unlawful detention of local and indigenous communities. This situation underscores the company’s problematic labor and human rights practices, contributing to broader authoritarian dynamics.

    Lawsuit: Newcrest's Indonesian mining violations challenged

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