Bloomberg News

Newmont Suspends Work at Peruvian Gold Deposit on Protests

December 01, 2011

Nov. 29 (Bloomberg) -- Newmont Mining Corp., the largest U.S. gold producer, said it halted construction work at a gold deposit in Peru for a second day during a regional protest.

The stoppage at the company’s $4.8 billion Minas Conga project seeks “to avoid conflict with protesters,” opposed to the mine, Newmont spokesman Omar Jabara said today in e-mailed comments. The company is seeking talks with the government and protesters, he said.

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

To contact the editor responsible for this story: Alexander Emery at aemery1@bloomberg.net


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