Summary
This 8-K filing from Newmont Mining Corporation (NEM) addresses two Imminent Danger Orders issued by the Mine Safety and Health Administration (MSHA) to its subsidiary, Newmont USA Limited, on August 28, 2010. These orders, stemming from observations at the Twin Creek Mine, involved minor safety protocol deviations by employees. The first instance involved an employee accessing mine equipment while carrying a lunchbox, and the second concerned an employee on a front-end loader without fall protection. In both cases, the situations were immediately rectified by the employee, and the Orders were terminated without incident. Importantly, Newmont stated that these incidents did not result in any accidents or injuries and had no material adverse impact on the company's operations. The filing is in response to disclosure requirements under the Dodd-Frank Wall Street Reform and Consumer Protection Act, specifically Section 1503(b)(1), which mandates reporting if a company receives such an order.
Key Highlights
- 1Two Imminent Danger Orders were issued by MSHA to Newmont USA Limited's Twin Creek Mine on August 28, 2010.
- 2The orders were related to minor safety protocol observations concerning two separate employees.
- 3The first incident involved an employee accessing equipment while carrying a lunchbox; the Order was terminated when the employee secured the box.
- 4The second incident involved an employee on a large front-end loader without fall protection; the Order was terminated when the loader was stopped and the employee exited.
- 5Both cited conditions were immediately corrected by the employees involved.
- 6Newmont explicitly stated that these incidents resulted in no accidents or injuries.
- 7The company confirmed that these events had no material adverse impact on operations at the Twin Creek Mine.