Miner Newmont again postpones final investment decision for Yanacocha Sulfides project in Peru

Reuters
22 Feb
Miner Newmont again postpones final investment decision for Yanacocha Sulfides project in Peru

LIMA, Feb 21 (Reuters) - Precious metals miner Newmont said on Friday that it will again postpone a final investment decision for its Yanacocha Sulfides project in Peru.

In a statement, the company said the postponement will allow it to prioritize more profitable projects.

Yanacocha is South America's largest gold mine, located in Peru's Cajamarca department, but it also produces copper and silver, according to Newmont's website.

(Reporting by Marco Aquino; Editing by Alexander Villegas)

((david.aliregarcia@thomsonreuters.com; +52 55 5282 7151; Reuters Messaging: david.aliregarcia.thomsonreuters.com@reuters.net))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10