Conga

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

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

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.

Mining projects worth $7.5bn delayed by Peru's environmental authorities

Cecilia Jamasmie | January 10, 2013
Mining projects worth $7,500 million delayed by environmental authorities in Peru

More than half of the total reports submitted in early 2012 are still under evaluation.

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.

Anti-mining protests take a toll on Peru’s foreign investment

Cecilia Jamasmie | September 6, 2012
flickr mining protest peru 333

Instead of the lauded $6 billion in mining invested forecasted for 2013 earlier this year, SNMPE says the country’s sector will attract about $4 billion.

Peru lifts state of emergency over Conga mine

Cecilia Jamasmie | September 2, 2012
Conga Mine protests

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 gold mine protests grow

UPI | July 22, 2012
Cock fight

Peru's Catholic Church intervened in reconciliation talks between the government of President Ollanta Humala and activists protesting the $5 billion Conga copper and gold mine project.

Unions left out of Newmont's negotiations in Peru

Cecilia Jamasmie | July 16, 2012
peru worker with a stop sign

Negotiations among Peruvian authorities, Newmont Mining and the local communities with the intent to end the seven-month conflict over the $5 billion Conga project in the northern region of Cajamarca, are leaving out one key piece: the workers.

Canadian Candente copper to restart drilling in Peru

Cecilia Jamasmie | July 9, 2012
peru_traditional_andes

Candente Copper will be allowed to resume its exploration and feasibility drilling at its Canariaco project in Peru, after the local community of San Juan De Kañaris voted in favour of granting surface access to the company on Sunday.

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.

Peru bringing charges of sedition against anti-Conga protest leader

Frik Els | June 6, 2012
Newmont's Peru ambitions take another knock as water authority rejects Yanacocha expansion

Peru's Congress in a terse statement last night announced charges of “an incitement to the crime of rebellion” against Gregorio Santos, the province of Cajamarca’s Maoist governor who has lead violent protests against Newmont Mining's stalled Conga project.

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.

Newmont’s profit grows 9% despite Peru’s Conga Mine project difficulties

Cecilia Jamasmie | April 30, 2012
Newmont's Peru ambitions take another knock as water authority rejects Yanacocha expansion

Newmont Mining Corp. (NYSE and TSX: NEM) reported a 9% increase in first-quarter profit to $561 million, or $1.13 a share, despite the ongoing troubles with its hindered $4.8 billion copper-gold project in Peru, the Conga mine.

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.

Final report on Newmont’s $4.8 billion Conga gold project delivered to Peru’s Government

Cecilia Jamasmie | April 17, 2012
shutterstock_decisions333

The long-awaited and twice-postponed report from international experts on the environmental impact study (EIS) for Newmont and Buenaventura’s US$4.8 billion copper-gold project, the Conga mine, is finally in the Peruvian government’s hands.