The company has removed its massive gold and copper project Peru from its list of reserves in its annual filing with the U.S. Securities and Exchange Commission (SEC).
Yanacocha Mining News
Newmont’s Conga mine could remain halted until 2018
The future of the proposed $5 billion Conga copper and gold project in Peru remains in limbo as its main opponent was recently re-elected governor of the region where the project is situated.
Peru’s main opponent to Newmont’s Conga mine wins local elections
Jailed Gregorio Santos is set to win the re-election in the country’s gold-rich Cajamarca region, casting fresh doubts on the future of the long-delayed copper and gold project.
Peru set to become world’s second largest copper producer in 2016
Currently China is the second largest producer of the red metal, with an annual output of about 1.6 million tonnes per year.
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.
Peru set to regain world’s second largest copper producer place this year
The South American nation lost the title to China in 2012.
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
Last year alone there were 149 conflicts involving mines in the country.
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
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
Cajamarca’s governor also said Newmont’s local partner has made no progress in terms of gaining support from surrounding communities.
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
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
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
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
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
Newmont's subsidiary Yanacocha said it is evaluating new projects in the region.
Newmont pouring $150 million into Peru’s Conga this year
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
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
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
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
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
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.
Third time's the charm for Peru’s mining issues?
Faced with never ending environmental and social conflicts over mining projects, Peru's President Ollanta Humala decided yesterday to reshuffle his Cabinet… again…for the third time.
Peru detains leader of anti-mining protests then frees him after increased hostility
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.
