8-KOther Events

NEWMONT Corp /DE/ 8-K Report, Corporate Update (Sep 16, 2010)

Filed September 16, 2010For Securities:NEMNEMCL

Summary

This 8-K filing from Newmont Mining Corporation (NEM) addresses a notice issued by the Mine Safety and Health Administration (MSHA) to its subsidiary, Newmont USA Limited, on September 14, 2010. The notice, classified as an "Order" under the Federal Mine Safety and Health Act, alleged that an employee at the Gold Quarry mine was observed working on a dismantled crusher without proper fall protection. This filing is made in accordance with Section 1503(b)(1) of the Dodd-Frank Act, which mandates disclosure for such safety-related orders.

Key Highlights

  • 1Newmont USA Limited, a subsidiary of Newmont Mining Corporation, received a safety "Order" from MSHA on September 14, 2010.
  • 2The Order was issued for an alleged safety violation at the Gold Quarry mine, specifically concerning fall protection for an employee working on a dismantled crusher.
  • 3The Order was immediately terminated after the employee descended from the crusher.
  • 4Crucially, no accident or injury occurred as a result of the alleged condition.
  • 5The company reported no adverse impact on operations at the Gold Quarry mine due to this incident.
  • 6The filing is a requirement under the Dodd-Frank Wall Street Reform and Consumer Protection Act.

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