RE:RE:RE:Newmont delays Peru expansionWell, here is an interesting query to mull on.......
Is RIO leery about dipping their feet into the gold sphere? Obviously not, hence their strategic partnership with WRN.
Is NEM leery about dipping their feet into the copper sphere? Here,from NEM's perspective, it could feasibly make sense to JVwith RIO, but why would RIO need NEM?
No, lion's don't like to share their spoil. A JV isn't in the best interest of any party involved. If NEM is not comfy with the copper, they need to hire on experienced copper industry talent. No biggie, companies plug talent holes all the time. It's not like NEM doesn't have byproduct from any of their other mine locations globally. Copper makes for a tidy byproduct as they mine up that 21 mm ounces of gold. Well, I guess the combined Casino District has 25 mm ounces, probably much more given enough exploration.