A U.S. court ruled that the Chaupe family case against Newmont Mining Corporation should be heard in Peru - not Delaware, where the company incorporated almost 100 years ago.
Minera Yanacocha Mining News
Contract security guard was freed early Friday.
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.
Mining companies in Peru invested US$7.2 billion in 2011, 77% more than in 2010, Mines and Energy Ministry (MEM) reports.