Copper $ 5.462 / lb 1.89%
Brent Crude Oil $ 63.75 / bbl 0.71%
Palladium $ 1502.2 / ozt 1.36%
Crude Oil $ 60.08 / bbl 0.64%
Natural Gas $ 5.289 / Btu 4.18%
Silver Futures $ 59.053 / ozt 2.59%
Aluminum Futures $ 2861 / ton 0.00%
Micro Gold Futures $ 4273.8 / ozt 0.14%
Micro Silver Futures $ 59.053 / ozt 2.66%
Platinum $ 1660.5 / ozt -0.17%
Gold Futures $ 4243 / ozt 0.08%
Go to MDC Markets

Peru PM says Conga will get built, otherwise Newmont's compensation bill would be 'huge'

Frik Els | January 24, 2012 | 10:04 pm Base Metals Precious Metals Top Companies Europe Latin America Copper Gold 

Peru's Prime Minister said on Tuesday Newmont Mining’s stalled Conga project will be developed as the government could end up with a "huge" compensation payment if the $4.8 billion mine does not go ahead. Newmont stopped construction of the copper-gold...

Mining.com Recommends

Contest Ranking Modal BG Contest Ranking Modal BG
Contest Ranking Title

Your Rankings.

The new Mining Power Rankings are live. Vote for the sector’s leaders in each of the Large-, Small-, and Micro-Cap leagues.

Vote Now