Newmont CEO sees copper growth, not worried about Barrick takeover

Copper will account for up to one-fifth of the metal produced by top gold miner Newmont by the end of the decade through development of its existing portfolio, the miner's chief executive said on Friday. "Simply developing, and shepherding through and stewarding our organic project pipeline, we will deliver an exposure to copper in the Newmont portfolio by the end of this decade of around 15% to 20% of the metal we produce," Tom Palmer said at the Financial Times Mining Summit.