What are the responsibilities and job description for the Study Manager position at Newmont Mining?
Workplace Type: Hybrid - Remote/Onsite
Founded in 1921 and publicly traded since 1925, Newmont (www.newmont.com) is one of the largest gold companies in the world. Headquartered in Denver, Colorado, the company has approximately 24,000 employees and contractors, with the majority working at Newmont's core operations in the United States, Australia, Ghana, Peru and Suriname. Newmont is the only gold company listed in the S&P 500 index and in 2007 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 creating value and opportunity for host communities and shareholders.
About this role
What will you be responsible for?
Identify, advance, and deliver studies on projects at a site or multiple sites that will add new value and improve lives through sustainable and responsible mining, including the termination of studies deemed to be uneconomic or of an unacceptable business risk.
Safely and responsibly implement high-quality project studies in line with established governance processes, study management standards and guidelines to ensure the most robust and highest value business cases are advanced to make informed management decisions in relation to the conceptual (Stage 0), pre-feasibility (Stage 2A), and feasibility (Stage 2B) phases of the project life cycle.
Your role will consist of
Study Identification, Strategy Planning and Role Determination
- Contribute to development of scenarios for the annual scenario planning exercise in conjunction with Exploration, Long-term Planning (LTP), and Strategic Resource Development (SRD) and decide which scenario layers require.
- Contribute in quarterly Exploration/LTP/Projects coordination meetings to identify new studies or studies passing from Exploration to Studies.
- Participate in quarterly Studies/LTP/Site Projects coordination meetings to identify new studies.
- Participate in site budget and LTP meetings to identify sustaining capital projects which require study support.
- Develop multi-stage study schedules and advancement strategies for identified projects and recommend Investment Leader and Investment Manager in conjunction with Regional Study Director.
- Be the Investment Manager on assigned studies that are deemed to be of sufficient scope or complexity to be in-scope for the Global Studies Team.
- Act as the point of contact for the assigned studies.
- Lead integrated planning workshops and build study schedules.
- Assemble and lead multi-discipline teams including representation from geology, mine engineering, process, project controls, financial modeling, materials and contracts, HSLP, environmental, social responsibility, owners team representation, etc.
- Observe all work in progress to ensure that quality and technical standards are in compliance with Newmont and Investment System standards and policies.
- Monitor all work to ensure that business cases are reliable and achievable and that studies are performed with a high level of quality and innovation.
- Lead and ensure completion of all Newmont Investment System requirements for Stage Gate deliverables, peer reviews, application of opportunity and risk assessment practices, and use of Value Improving practices.
- Write, compile, and/or edit gate reports and project execution plans.
- Assures all Newmont Technical Standards are understood by team members and applied appropriately.
- Ensure that quality and engineering standards are met and that designs evolve through the stage gate process in alignment as decisions are made or new information becomes available; approves changes to designs or schedules as necessary.
Your role will consist of (cont.)
- Employ a strategic planning process that focuses on a full range of options, in a systematic approach that translates opportunities into robust and sustainable solutions that make valuable contributions.
- Investigate, identify and act upon opportunities or risks associated with the project including all related financial, technical, social/community, and governmental/permitting aspects.
- Develop and assist in the delivery of an effective community engagement and permitting strategy for the study that is aligned with the regional and site strategy.
- Review, evaluate and approve contracts for work to be performed by consultants or contractors; monitor budgets, approve plans and designs and resolve problems as they arise.
- Provide leadership and technical direction in the resolution of problems associated with the study work.
- Develop and facilitate productive team relationships with diverse team members.
- Compile and distribute weekly and monthly study reports.
- Collaborate with projects teams before, during and after handover of studies at Gate 2B to assure a smooth transition.
- Demonstrate proactive and visible leadership in achieving a culture of health and safety including maintaining a high focus on safety and actively promoting Newmont’s safety standards while on the job and through safety by design.
- Maintain proactive and effective communication with all key site, regional, and corporate collaborators on studies being managed.
- Participate in monthly regional study dashboard review meetings to communicate study progress to key colleague.
- Participate in Regional Business Development Committee and Regional Growth Steering Committee meetings.
- Assure study and project costs and physicals are properly reflected in business plans, budgets and forecasts.
- Define annual reserve and resource targets in the region with Exploration and LTP and ensure work plans are developed to achieve targets.
- Support Regional Study Directors in revisions and updates to the study standards, requirements, tools and guidelines related to stage gates 1, 2A and 2B.
- Coordinate alignment of schedules and deliverables associated between any execution work completed by projects and study work if Early Works execution occurs during Stages 1 to 2B.
- Adhere to Newmont’s Values in the execution of the Study Manager role.
- The above duties and responsibilities are representative of the nature and level of work assigned and are not necessarily all-inclusive.
Your training, skills, and experience checklist
Education:
Experience:
- A minimum of 10 to 15 years experience in the mining industry in operations and projects with at least 3 years of project management and evaluation experience.
- A proven track record in mining studies including experience with both greenfield and brownfield projects.
- Demonstrated ability to understand and synthesize diverse types of information from functions including geology, metallurgy/process, mine engineering, infrastructure engineering, hydrogeology/hydrology, geostatistical modeling, operations, projects, information technology, tax, treasury, financials, environmental, social, political, land, legal, human resources, supply chain, security, and overall project management on one or more complex evaluations at one time.
- Demonstrated ability to work within and understand other cultures, including language skills, and lead multi-cultural teams.
- Ability to think out of the box, drive innovation, and hold cross functional teams accountable for results and recommendations that drive critical site, regional and corporate decisions.
- Ability to communicate complex information in varying forms (verbal, presentation, report) to audiences ranging from technical team members to executive leadership.
- Proven track record to explain, budget, implement and handle large complex studies with varying financial drivers, varying project risks and project costs up to and including $100M plus.
- Shown ability to work with contracted technical specialists, site, regional and corporate technical staff in a dynamic global environment.
- Ability to show initiative, engage with and independently direct multiple technical teams, and handle uncertainty while knowing when to advance key issues or decision points and seek feedback from appropriate team members.
- Thorough understanding of discounted cash flow analysis and the correlation between all physical and cost inputs to a project’s financial metrics.
- Highly developed interpersonal skills and the ability to influence and motivate change within business unit.
- Key competencies are: leadership, business insight, risk management, strategic planning, problem solving, scheduling and budgeting, attention to detail, information management, and work prioritization.
- Fluent in English and Spanish
Working conditions and location
Where you will be located
The role is site based or based in the corporate office with regular visits to the operations/sites where studies are taking place and travel to meet with team members or key collaborators as required.
This role is an opportunity for an occupied position with an intended candidate. This is not a new position being added to the headcount.
Although there is an intended candidate for this opportunity, this posting is provided for transparency pursuant to the goal of the Colorado Equal Pay for Equal Work Act. You are invited to apply, and even if you are not the intended candidate, the hiring manager may reach out to discuss your interest in this and other potential future opportunities.
We understand no candidate will meet every single desired qualification. If your experience looks a little different from what we’ve identified and you think you can bring value to the role, we’d love to learn more about you!
The salary range offered for this role is USD $134,240 - 159,410. The salary range is tied to the Colorado market for jobs performed in Colorado. The salary offer to the successful candidate will be based on job-related education, training, and/or experience. The salary offer will not be based on a candidate’s salary history at other jobs, and by law, Newmont will not seek information about salary history, and candidates should not share such information with Newmont.
This role will be eligible for participation in a discretionary annual bonus program, pursuant to which an employee may be awarded a percentage of their salary based on the company’s performance and their own individual performance. This role also will be eligible for participation in a discretionary long-term incentive program, pursuant to which an employee may receive awards based on their level and individual performance.
Newmont offers a competitive and inclusive benefits package to support physical, mental, financial and emotional wellbeing. This role will be eligible for the following benefits: Medical, prescription drug, dental, and vision insurance; flexible spending accounts; health savings accounts; life and accidental death and dismemberment insurance; short and long-term disability; defined benefit pension; 401(k) program with company match; financial planning; employee assistance program (EAP); wellbeing reimbursement program; adoption assistance; tuition reimbursement; paid holidays and paid time off; paid family leave; matching gifts; and discounts on home, auto and pet insurance. All bonuses and benefits are subject to the applicable eligibility and program/plan terms and may be modified or terminated at Newmont’s sole discretion.
Nearest Major Market: Denver
Salary : $100 - $134,240