Rumours come a year after the gold miner vowed to spend $640 million to extend the life of Lagunas Norte, worth about $1.4 billion according to industry experts.
The company is currently analyzing options to resume work as soon as possible, which includes hiring temporary workers to replace those that have downed tools.
Western Australia may soon have a new uranium mine, after the last environmental hurdle was cleared by Vimy Resources (ASX:VMY) to build its Mulga Rock uranium mine.
The country expects mining investments to increase 360% in the next four years compared to the 2013-2016 period as it has already granted 160 of the 420 explorations licences it put out to tender in July.