Newmont Accepts Peru Conditions for Conga Gold Mine, Peru21 Says

Newmont Mining Corp. (NEM) agreed to relocate waste dumpsites from its Minas Conga gold and copper project in Peru to meet conditions set by the government, Peru21 reported, citing unnamed government and mining industry officials.

The accord aims to allow Newmont to resume output after environmental protests halted operations at the mine for the past 19 days, the Lima-based newspaper said.

Omar Jabara, a Newmont spokesman, didn’t immediately respond to telephone calls and an e-mail seeking comment. Newmont hasn’t notified its Peruvian office of any decision, Lima-based spokesman Roberto del Aguila said in a telephone interview.

Roque Benavides, chief executive officer of Cia. de Minas Buenaventura SAA, Newmont’s partner in the Conga project, declined to comment at a conference in Lima today.

To contact the reporter on this story: Alexander Emery in Lima at aemery1@bloomberg.net

To contact the editor responsible for this story: Dale Crofts at dcrofts@bloomberg.net

Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.