The world's number two gold producer, Newmont Mining (NYSE: NEM), expects to invest $150 million on its $4.8 billion gold-copper Conga project in Peru this year, but said it won't go ahead without community support, reports BNAmericas (subs. required).
The article quotes CFO, Russell Ball, saying the company plans to spend $80 million in equipment, $40 million in reservoir construction and nearly $30 million in community and social-related issues.
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