Protests in Peru over Newmont Mining's (NEM) $5B Conga gold mine make "no sense" and could spell...

|By:, SA News Editor

Protests in Peru over Newmont Mining's (NEM) $5B Conga gold mine make "no sense" and could spell the end of the project if they succeed in preventing the draining of a nearby lake, the CEO of junior partner Buenaventura (BVN) says. Tensions flared up again this week over the proposed mine, with hundreds of protesters taking to the streets and ending nine months of relative calm.