Peru’s government hired consultants to conduct an environmental review of Newmont Mining Corp.’s stalled $4.8 billion Peruvian gold project, daily La Republica reported in its online edition.
Cabinet Chief Oscar Valdes’s office signed contracts with Spanish consultants Luis Lopez and Rafael Fernandez and will sign a third with Portuguese geologist Jose Martins Carvalho to overhaul the environmental impact study for the Minas Conga deposit, the Lima-based newspaper said, citing state electronic contracting agency Seace.
The 40-day review of the Minas Conga project, postponed by environmental protests in November, will cost 647,000 soles ($240,000), La Republica said.
Newmont welcomes the review, spokesman Omar Jabara said today in e-mailed comments. Valdes’ spokesman Luis Urmeneta didn’t immediately respond to a telephone call and an e-mail seeking comment.