Newmont boosts investment in Yanacocha gold mine in Peru

Mining News Pro - Newmont, the world’s no. 1 gold miner by output, has increased its planned investments for its Yanacocha Sulfides gold project in Peru from $2.25 billion to $2.5 billion, with a firm decision on the amount to be made by year-end.

Newmont becomes sole owner of Yanacocha gold mine in Peru

Mining News Pro - Newmont, the world’s no. 1 gold miner by output, is buying Sumitomo Corp’s 5% stake in the Yanacocha mine in Peru for $48 million.

Newmont’s Yanacocha sulfides project delayed by pandemic

Mining News Pro - Newmont Mining Corp’s Yanacocha sulfides project to expand gold production in Peru has been delayed and will only be developed “at the pace the pandemic allows,” CEO Tom Palmer said on Wednesday at an industry conference.

Combayo residents to protest against Minera Yanacocha in northern Peru

Mining News Pro - Residents of the Combayo community, located in the Cajamarca department of northern Peru, announced a protest for February 6, 2019, against Minera Yanacocha, owned by Colorado’s Newmont Mining Corporation (NYSE: NEM), Peru’s Buenaventura, and the World Bank`s International Finance Corporation.

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