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Newmont anticipates to move forward with Peru mine expansion - CEO

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COPPER/GOLD
Gold miner Newmont is anticipating that it will move forward on a $2-billion investment on the so-called Yanacocha sulfides project in Peru, CEO Tom Palmer said on Tuesday. The remarks are the strongest support yet for a project that Newmont says will only be fully decided later this year. Peru is the world's No. 2 copper producer and a major producer of gold.
 
 
 
 
 

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