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Chance of 2015 development start for Conga copper-gold project in Peru

January 30, 2014 - 12:55 GMT Location: São Paulo

KEYWORDS: Peru , Conga , Newmont , Minas Buenaventura

Newmont Mining and Peruvian mining company Minas Buenaventura are assessing whether development could start at the Conga copper-gold project at the beginning of 2015.

A decision will be made after regional elections in Cajamarca, the region of Peru where the project is located, and after the strengthening of local water resources, according to the Peruvian newspaper, Gestión. The companies will then review costs and other factors and decide if they will proceed with Conga's construction....

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