Buenaventura

Gold Fields sells majority stake in Peruvian project to Buenaventura

Cecilia Jamasmie | August 19, 2014
Gold Fields sells majority stake in Peruvian project to Buenaventura

The Peruvian firm will develop the deposit as an underground mine, instead of as an open-pit project.

Main opponent of Newmont's gold project in Peru in prison

Cecilia Jamasmie | June 26, 2014
Main opponent of Newmont's gold project in Peru in prison

Cajamarca region governor Gregorio Santos was ordered to jail for 14 months amid a corruption probe. Supporters claim he is being target of political repression for opposing Newmont's mine.

Five major copper mines to begin operations in Peru by 2016

Cecilia Jamasmie | March 16, 2014
Five major copper mines to begin operations in Peru by 2016

Combined estimate investment exceeds $13 billion, says the government.

Mining opposition risks $57bn projected investment in Peru

Cecilia Jamasmie | February 3, 2014
Mining opposition risks $57bn projected investment in Peru

Last year alone there were 149 conflicts involving mines in the country.

Newmont’s Conga opponents vandalize mine site, kidnap worker

Cecilia Jamasmie | January 17, 2014
Newmont’s Conga opponents vandalize mine site, kidnap worker

Contract security guard was freed early Friday.

Newmont’s Conga copper and gold mine could restart next year—authorities

Cecilia Jamasmie | December 30, 2013
Newmont’s Conga copper and gold mine could restart next year—authorities

After meeting with locals, authorities said the company is likely to gain a social license to restart operations in 2014.

Peru 'washing its hands' of Newmont’s Conga mine issues: local authorities

Cecilia Jamasmie | October 7, 2013
Newmont’s Conga copper and gold mine could restart next year—authorities

Cajamarca’s governor also said Newmont’s local partner has made no progress in terms of gaining support from surrounding communities.

Peru halts Gold Fields Chucapaca gold project

Cecilia Jamasmie | June 26, 2013
Peru halts Gold Fields Chucapaca gold project

Decision follows an inspection that showed the company did not have all the necessary land permits.

Thousands of Peruvians camp in the Andes to defend lake from Newmont’s gold project

Cecilia Jamasmie | June 19, 2013
Thousands of Peruvians camp in the Andes to defend lake from Newmont’s gold project

Government has sent additional police forces to watch over the protestors, as previous manifestations have turned violent in the past.

Fresh protests threaten Newmont Conga mine in Peru

Cecilia Jamasmie | June 18, 2013
Newmont Conga mine in Peru

The new round of demonstrations come after a top official for the Conga project, CEO Roque Benavides of Buenaventura, said water from one of the main water sources for locals, would be transferred to a reservoir later this year.

Peru’s mining conflicts made country’s total social issues climb to 225 in May

Cecilia Jamasmie | June 13, 2013
Peru’s mining conflicts made country’s total social issues climb to 225 in May

Peru's ombudsman office warned about the renewed unrest in the Cajamarca region, where Newmont has its now halted $4.8 billion gold-copper Conga project.

Newmont mulls taking Peru’s Conga money elsewhere

Cecilia Jamasmie | April 3, 2013
Newmont mulls taking investment for its Peru’s Conga mine elsewhere

Miner may reallocate capital to development alternatives in Australia, Ghana, Indonesia and Nevada.

Peruvians ask Washington-based human rights commission to halt Newmont’s Conga project

Cecilia Jamasmie | March 13, 2013
Peruvians asks Washington-based human rights commission to halt Newmont’s Conga project

Group claims project continues to advance despite being officially deemed as “suspended.”

Newmont won’t leave Peru’s gold-rich Cajamarca region by 2016: company

Cecilia Jamasmie | March 8, 2013
Investors take chunks out of Newmont after big loss, reserves cut

Newmont's subsidiary Yanacocha said it is evaluating new projects in the region.

Newmont's Peru ambitions take another knock as water authority rejects Yanacocha expansion

Frik Els | February 8, 2013
Newmont's Peru ambitions take another knock as water authority rejects Yanacocha expansion

First Conga, now a new pit at South America's biggest gold mine is blocked.

Newmont pouring $150 million into Peru’s Conga this year

Cecilia Jamasmie | January 25, 2013
Stimulus marathon' good for gold price

The gold-copper project, set to begin production in early 2015, continues to be on hold because of social pressure.

Peru expects $10 billion in mining investments next year

Cecilia Jamasmie | November 24, 2012
peru-expects-ten-billion-in-mining-investments-next-year

Peru's Minister of Energy and Mines Jorge Merino announced the country is expected to attract mining investment projects worth $10 billion in 2013.

Peru to resume talks on Newmont’s $4.8 billion Conga mine

Cecilia Jamasmie | November 12, 2012
Peru to resume talks on Newmont’s $4.8 billion Conga mine

Peru's government is considering resuming talks with opponents of the $4.8 billion Minas Conga copper and gold mining project in the northern region of Cajamarca, Environment Minister, Manuel Pulgar Vidal, said in a TV interview on Sunday night.

Peru lifts state of emergency over Conga mine

Cecilia Jamasmie | September 2, 2012
Newmont’s Conga opponents vandalize mine site, kidnap worker

The Peruvian government confirmed it will end Monday a state of emergency imposed in early July in the country’s northern region, where violent protests against Newmont Mining's (NYSE:NEM) controversial $4.8 billion Conga project left five dead and dozens injured.

Conga remains key for Newmont

Cecilia Jamasmie | August 30, 2012
on

Newmont Mining's (NYSE:NEM) $4.8 billion copper-gold project in Cajamarca Peru remains as one of the company’s priorities, but further development will be done on a very measured basis, told MINING.com the company’s head of communications, Omar Jabara.

Peru abandons Newmont’s $4.8 billion Conga

Cecilia Jamasmie | August 28, 2012
Peru abandons Conga 333

The Peruvian government has thrown in the towel on Newmont Mining's (NYSE:NEM) controversial Conga mine as the nation's prime minister announced Monday evening the $4.8 billion copper-gold project is now on the back burner.

Peru detains leader of anti-mining protests then frees him after increased hostility

Cecilia Jamasmie | July 5, 2012
Amaro

Peruvian police detained former Roman Catholic priest Marco Arana, the leader of the protests against Newmont Mining, yesterday evening. The situation has only worsened since the government declared a state of emergency.

Anti-Newmont protests in Peru force government to declare a state of emergency

Cecilia Jamasmie | July 4, 2012
strike_riot_politics_protest

At least three people were killed and 20 injured in northern Peru yesterday after a clash between police and protesters opposed to the $5 billion Conga gold mine planned by Newmont Mining in the northern region of Cajamarca.

Newmont looking at other options if Conga costs continue to climb

Cecilia Jamasmie | May 1, 2012
finance_redirect_detour_change

Newmont Mining could reallocate project funds if an ongoing evaluation of the environmental impact study for its $4.8 billion Conga mine turns economically unfavourable, CEO Richard O'Brien said.

Peru’s decision on Newmont’s $4.8 billion Conga mine independent of any study: Government

Cecilia Jamasmie | April 18, 2012
Shutterstock: Facade of President palace in Lima, Peru

The team of three international environmental consultants hired by Peru’s government has recommended significant changes to Newmont’s hindered $4.8 billion copper-gold project, the Conga mine. But the government is saying its final decision won’t be determined solely by this or any study.

Focus finds bonanza silver grades at its Peru Minas Chanca Project

Cecilia Jamasmie | February 20, 2012

Focus Ventures Ltd. (CVE:FCV) announced this morning high- to bonanza-grade silver intercepts from its Minas Chanca project in Peru.