Newmont won’t leave Peru’s gold-rich Cajamarca region by 2016: company

By Cecilia Jamasmie

The world’s number two gold producer, Newmont Mining (NYSE: NEM), denied Peruvian press reports claiming the company’s subsidiary Yanacocha was planning to leave the gold-rich northern region of Cajamarca no later than 2016.

In a statement (in Spanish) Yanacocha’s CEO, Javier Velarde, said the company will continue to exploit …read more