Newmont mulls taking investment for its Peru’s Conga mine elsewhere

By Cecilia Jamasmie

The world’s number two gold producer, Newmont Mining (NYSE: NEM), said it remains committed to resuming its $4.8 billion gold-copper Conga project in Peru, but stressed that is willing to reprioritize and reallocate capital to development alternatives in other countries such as Australia, Ghana, Indonesia and the U.S.

In its …read more