The world’s largest copper producer may be the chosen company to run the Fruta del Norte project, the largest gold deposit in Ecuador, when the concession for the Canadian miner expires August 1.
Peru's ombudsman office warned about the renewed unrest in the Cajamarca region, where Newmont has its now halted $4.8 billion gold-copper Conga project.
The market is closely watching the opening of Oyu Tolgoi, as fears about copper supply for the rest of 2013 continue to increase, affecting the red metal's price.