Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) has announced the promotion of Natascha Viljoen, the current Executive Vice President and Chief Operating Officer, to the position of President and Chief Operating Officer effective May 2, 2025. Viljoen, who has been with the company since 2023, will continue to report directly to Chief Executive Officer Tom Palmer.
Under Viljoen's leadership as Chief Operating Officer, Newmont has seen a strong commitment to safe operational delivery and extensive connections with internal and external stakeholders. Palmer emphasized that her energy, passion, and resolve will be critical assets as the company works to improve costs and productivity to deliver value to shareholders.
This announcement comes in the wake of the completion of the rationalization of Newmont's portfolio following the Newcrest acquisition. As the company focuses on ensuring the best position to support its people to deliver on commitments safely, Viljoen's new role is deemed an important step in achieving that objective.
Natascha Viljoen previously served as the Chief Executive Officer of Anglo American Platinum, the world’s largest primary producer of platinum. She holds a Bachelor of Engineering from North West University in South Africa and an Executive MBA from the University of Cape Town, South Africa.
Newmont is the world’s leading gold company and a producer of copper, zinc, lead, and silver. The company's portfolio of assets, prospects, and talent is anchored in favorable mining jurisdictions in Africa, Australia, Latin America & Caribbean, North America, and Papua New Guinea. Newmont is widely recognized for its principled environmental, social, and governance practices and is the only gold producer listed in the S&P 500 index.
As of now, Newmont is publicly traded and has been since 1925. The company's purpose is to create value and improve lives through sustainable and responsible mining.
Following this development, Viljoen expressed her honor and excitement at the opportunity to serve as President and Chief Operating Officer of Newmont. She looks forward to leading the company's efforts in this new capacity and ensuring that all stakeholders benefit from Newmont's world-class portfolio.
The press release did not include any specific financial metrics or changes in key performance indicators. Following these announcements, the company's shares moved 0.1%, and are now trading at a price of $51.53. For the full picture, make sure to review Newmont's 8-K report.
