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Home > Newmont mine "on back burner": Peru cabinet chief

Newmont mine "on back burner": Peru cabinet chief [1]

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Submitted by Rain on Thu, 08/30/2012 - 15:09

Reuters
LIMA | Thu Aug 23, 2012 11:31am EDT

Andean people destroy a sign of Newmont Mining during a protest against the company's proposed $4.8 billion Conga gold mine, near the Cortada lagoon, in the Andean region of Cajamarca November 24, 2011. REUTERS/Enrique Castro-Mendivil

Andean people destroy a sign of Newmont Mining during a protest against the company's proposed $4.8 billion Conga gold mine, near the Cortada lagoon, in the Andean region of Cajamarca November 24, 2011. Credit: Reuters/Enrique Castro-Mendivil

(Reuters) - Newmont Mining Corp's $5 billion Conga gold project is "on the back burner," Peru's government said on Thursday - a sign that it will stop trying to overcome local opposition that has resulted in violence and two cabinet shuffles.

Prime Minister Juan Jimenez made the comments after a poll by survey firm Ipsos showed 78 percent of people in the northern Peruvian region of Cajamarca opposed the planned mine.

To read the rest of this story, visit Reuters.com. [2]

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[1] //soundofheart.org/galacticfreepress/content/newmont-mine-back-burner-peru-cabinet-chief
[2] http://www.reuters.com/article/2012/08/23/us-peru-mining-newmont-idUSBRE87M0MK20120823
[3] //soundofheart.org/galacticfreepress/type-post/galactic-free-press/freedom-project