Newmont Australia Reforestation Project

Newmont Australia Reforestation Project is a reforestation and afforestation project located primarily in the Parkes local government area of central-west New South Wales, approximately 350km west-northwest of Sydney, with additional land parcels in Western Australia. It was registered in May 2013 and spans an undisclosed total area across multiple properties.

Reforestation and afforestation projects under the Carbon Farming Initiative involve establishing permanent plantings of trees that have the potential to achieve forest cover, typically defined as reaching a height of at least 2 metres and providing at least 20% crown cover. In this case, the project established permanent plantings of native Eucalyptus polybractea (Blue Mallee) on land that was previously used for agricultural purposes.

The Parkes region is a well-known agricultural hub heavily utilised for wheat cropping and sheep grazing. The area is considered to have a temperate, semi-arid climate with moderate rainfall, and the soils are generally red-brown earths, clay loams, and sandy loams.

This project was set up by Newmont Australia, a major gold mining corporation, and managed by carbon developer CO2 Australia. It represents an early example of the resources sector engaging with the Australian carbon market to offset industrial emissions. In January 2020, the project's participant name was officially varied to Newmont Goldcorp Australia Pty Ltd.