Unanimous Agreement for CONGA Impact Review Good news for all Peruvian mining companies.
DNT permits to follow soon!
GMC
https://www.chinamining.org/News/2011-12-28/1325039218d52869.html
Bloomberg)
Updated: 2011-12-28 10:23
Counter: 68
Opponents of Newmont Mining Corp.'s $4.8 billion Minas Conga gold project in Peru accepted a review of the mine's environmental impact study, the Andean country's government said.
The 40-day review of Peru's largest investment project, which was suspended after environmental protests, will be funded by the government, Cabinet Chief Oscar Valdes told reporters in Lima today. The consulting company that undertakes the review must have at least 15 years of experience, he said.
"We've reached a happy ending where Peru came out winning," Valdes said after meeting with 50 local officials from the northern highland region of Cajamarca. "We've reached a unanimous agreement on an international investigation and the way it will be done."