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NGM establishes Heritage Fund employee giving program

NGM establishes Heritage Fund employee giving program

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ELKO — Nevada Gold Mines has officially launched the company’s new employee giving campaign, known as the Heritage Fund. The charitable workplace giving program includes an employee-driven campaign to support nonprofit organizations today and an endowment fund to support community needs into the future.

“We understand and appreciate how important the services are that nonprofit organizations provide for our communities,” NGM Executive Managing Director Greg Walker said. “NGM strives to be a valued member of our local communities, and it is my hope that the Heritage Fund will be a source of strength in our local communities for many years to come.”

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Through the Heritage Fund, NGM employees have the option to support nonprofit organizations of their choice to reflect personal values, passions and pursuits. NGM provided all 7,000 employees with $25 to start their giving account and will match 120 percent of each employee contribution to qualified organizations or to the endowment fund.

NGM also invested an initial $500,000 to kick off the endowment fund portion of the program, which will be professionally managed and invested. The endowment fund was established as the financial legacy NGM will leave for long-term sustainability in the communities where the company operates.

The Heritage Fund is a 501c(3) nonprofit, managed by Executive Director Shane Moss and governed by a nine-person board of directors.

“Nonprofit organizations play a vital role in our communities and will benefit greatly from our collective support. These causes often assist critical health and human services, important educational and environmental initiatives, community development, and even wildlife and habitat improvement,” Moss said. “This is our opportunity to contribute to the organizations that are most meaningful to each of us at NGM and make a positive impact in the communities where we live.”


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Barrick Gold Corp. on Thursday announced fourth-quarter production of 1.21 million ounces of gold, a drop from 1.44 million ounces in the 2019 quarter for all operations, and the company reported 546,000 ounces of gold production in the quarter for its share of Nevada Gold Mines.

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