In December 2009, Newmont Mining Corporation pledged $1.2 million over three years to establish a new multidisciplinary center in the Mining Engineering Department at the Colorado School of Mines focused on educating new professionals and developing innovative solutions to key challenges facing the mineral resource industry.
The Center for Innovation in Earth Resources Science & Engineering (CIERSE) incorporates expertise and has research projects in other departments, including: Geology & Geological Engineering, Geophysics, Metallurgical & Materials Engineering, and Environmental Science & Engineering.
Initially funded by Newmont, CIERSE has 10 active research projects in 2012. The Center is open to and actively seeking new partners and research projects. We intend to increase the number, breadth and scope of projects and activities during 2012.
Newmont Mining Corporation is primarily a gold producer, with significant assets or operations in the United States, Australia, Peru, Indonesia, Ghana, Canada, New Zealand and Mexico. Founded in 1921 and publicly traded since 1925, Newmont is one of the world's largest gold producers and is the only gold company included in the S&P 500 Index and Fortune 500. Headquartered near Denver, Colorado, the company has over 35,000 employees and contractors worldwide.
In 2007, Newmont became the first gold company selected to be part of the Dow Jones Sustainability World Index. Newmont's industry leading performance is reflected through high standards in environmental management, health and safety for its employees and by creating value and opportunity for host communities and shareholders.