PRECIOUS METALS

Newmont postpones Yanacocha Sulphides decision

Newmont will postpone a full funding decision for its Yanacocha Sulphides project in Peru until mid-2022 due to COVID-19 concerns, CEO Tom Palmer told delegates at the 2021 Gold Forum Americas in Colorado Springs, Colorado.

Paul Harris in Colorado Springs, Colorado
 Newmont CEO Tom Palmer address the 2021 Americas Gold Forum

Newmont CEO Tom Palmer address the 2021 Americas Gold Forum

Palmer said the company remains committed to the project and intends to progress the project as the pandemic allows and plans to invest US$500 million on critical path activities in 2022 including detailed...

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