Hints and tips:
...Rio forecasts it will meet a quarter of the global demand growth for copper over the next five years from its mines in Chile, the US, Australia, Peru and Mongolia....
...Glencore and Teck both have stakes in the Antamina copper mine in Peru as well....
...Gold Fields produces about 2mn ounces of gold annually from nine mines in Australia, Ghana, Peru and South Africa. It is also developing its flagship growth project, Salares Norte in Chile....
...Hochschild Mining has vowed to fight what it said was an “illegal” plan by Peru to close two of its mines on environmental grounds, deepening a clash between the country’s mining industry and its left-leaning...
...That will rise to 3.4mn if the Yamana deal goes ahead, making the combined company the fourth-largest gold mining group, behind Newmont, Barrick and Agnico....
...Gold Fields, which was founded by Cecil Rhodes in 1887, produces about 2.4mn ounces of gold a year from nine sites in Australia, Ghana, Peru and South Africa....
...Anglo American, Newmont, Glencore and Freeport-McMoRan also operate mines in Chile, as do Chinese-controlled companies including MMG and Chinalco and local producers such as Buenaventura....
...Anglo American, Newmont, Glencore and Freeport-McMoRan also operate mines in the country, as do Chinese-controlled companies including MMG and Chinalco and local producers such as Buenaventura....
...Multinationals such as Anglo American, Newmont, Glencore and Freeport-McMoRan operate, as do Chinese-controlled companies including MMG Ltd and Chinalco and local mining companies such as Buenaventura....
...According to Newmont, in 2019, Yanacocha paid over $100m to the Peruvian government in taxes and other payments, and indirectly contributed a further $330m to the local economy....
...Newmont had also learned “hard lessons” about the social aspects of ESG while operating in Peru and Indonesia in the 1990s and early 2000s, Mr Palmer said....
...In March Newmont halted operations at four mines in Argentina, Canada and Peru because of the virus and last month said it was reducing production at its Peñasquito mine in Mexico....
...But this has come at a cost, with Barrick set to lose its position as world’s largest gold miner to older US rival Newmont Mining....
...Mining is the backbone of Peru’s economy....
...The complexities were laid bare by the paralysis besetting Conga, a Newmont and Buenaventura gold mine project that has been approved but put on hold after protests erupted in 2011....
...A silver lining for Peru’s economy. Gross domestic product expanded 2.68 per cent in March from a year earlier, faster than expected, Peru’s national statistics agency reported on Friday....
...Tía María has been subject to a strike since March while Minas Conga, another high profile project, spearheaded by US gold giant Newmont, has been stalled since late 2011 after protests left several dead...
...It has also run into fierce local opposition to a proposed mine in Peru....
...He says the charges were cooked up by the government and mining companies because he opposes the $5bn Minas Conga copper and gold mine, involving Newmont Mining Corporation and Minas Buenaventura of Peru...
...Three years ago, Minas Conga, a $5bn gold project involving Newmont and Minas Buenaventura of Peru, was halted by riots in Cajamarca, amid local concern over water resources....
...Newmont has had problems at Conga, another mine in Peru, where it has suspended construction amid local concern over water resources....
...* Asian smartphone makers eye developing markets * Turkey’s Erdogan unveils political reforms * Newmont to bid for Glencore Peru project * Ageing population looms in eastern Europe * Unilever holds on...
...Reuters quoted Gary Goldberg, Newmont’s president, as saying the company would take no decision on Conga until after Peru’s October 2014 regional elections....
...* Stocks steady as US shutdown arrives * Turkey’s Erdogan unveils political reforms * No sign of growth for India’s manufacturers * Asian smartphone makers eye developing markets * Newmont to bid for...
...Examples further afield abound: there is Newmont Mining’s $5bn Conga mine in Peru which was put on hold in 2011 after violent protests by the local community – earlier this year the company hinted it may...
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