Resumen: Newmont Mining Corp. (NMS) ha retrasado la fecha de inicio de su proyecto de cobre y oro, Minas Conga, de $4.8 mil millones en Perú. Newmont expresa que su potencial primera producción de Minas Conga está ahora prevista para principios de 2017. La empresa había calculado previamente que la producción comenzaría a finales de 2014 o principios de 2015.
Actualmente Newmont se encuentra revisando las recomendaciones hecha por el gobierno y se espera poder anunciar pronto su decisión con respecto a la implementación de los cambios requeridos al proyecto. Los analistas y la industria están atentos al anuncio que podría impactar en el panorama de inversión de las empresas mineras en el Perú.
Newmont delays start date for Peru mine
LIMA (MarketWatch) -- Newmont Mining Corp. NEM -1.42% has pushed back the start date of its $4.8 billion Minas Conga copper and gold project in Peru, the company said.
Newmont said in a presentation posted on its website that first potential production for Minas Conga is now scheduled for early 2017. The company had previously said that it expected production to start in late 2014 or early 2015.
Production is seen at an average annual output during the first five years of 580,000 to 680,000 ounces of gold and 155 million to 235 million pounds of copper.
Minas Conga has been on hold since November due to pressure from local politicians and residents who oppose the project over environmental concerns. The company denies that the project would harm the environment, including the supply of water.
A government-commissioned review of Minas Conga's environmental impact study by three international consultants resulted in recommendations to improve the project's environmental impact study. The EIS was approved by the government in 2010.
Newmont is currently reviewing the recommendations and is expected to announce soon whether it will implement changes to Minas Conga. Analysts and industry officials are watching closely for the announcement as the decision could impact the investment climate for mining companies in Peru.
Peru is a major global producer of base and precious metals. The country's economy is heavily dependent on mining, which accounts for about 60% of its exports.
The company says that further development of Minas Conga is "contingent upon capital cost reductions required to generate acceptable project returns as well as local community and Peruvian government support."
Newmont said that it has reduced its spending plans for Minas Conga by two-thirds in 2012 and 2013. The company now plans to spend $440 million during the period, compared to the original estimate of $1.5 billion.
Most of the spending will be focused on water supply and quality improvements, camp maintenance and long-lead equipment purchases, Newmont said. Newmont has a 51.35% stake in Minas Conga. Compania de Minas Buenaventura SA (BVN, BUENAVC1.VL) owns 43.65% and the International Finance Corp. has the remaining 5% interest.
Fuente: http://www.marketwatch.com/story/newmont-delays-start-date-for-peru-mine-2012-05-24
0 comentarios: