Newmont again postpones investment decision for Yanacocha project in Peru
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.
(By Marco Aquino; Editing by Alexander Villegas)
Read More: Newmont becomes sole owner of Yanacocha gold mine in Peru
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