The Newmont name is an abbreviation of where Thompson lived and worked ; New York and Montana .
Newmont Mining Corporation was founded in 1921 in New York by Colonel William Thompson as a holding company to invest in worldwide mineral , oil , and relations companies .
The Newmont Mining Corporation name is an abbreviation of where Colonel lived and worked ; New York and Montana .
Newmont Mining Corporation was founded in 1921 in New York by Colonel William Thompson as a holding company to invest in worldwide mineral , oil , and relations companies .