Seeking Alpha

The Minas Conga copper and gold project in Peru could be shelved if the price of gold falls,...

The Minas Conga copper and gold project in Peru could be shelved if the price of gold falls, Minas Buenaventura (BVN +0.4%) CEO Roque Benavides reportedly tells a local newspaper. BVN owns a 43.65% stake in the mine, one of Peru's biggest private-sector investment projects; Newmont Mining (NEM -0.2%) owns 51.35%.
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