According to the company, the Conga project and the near-by Yanacocha operations have experienced intermittent work stoppages during the past month as a result of ongoing protests in the region.
Anti-mining activists expressed concerns beginning in October 2011 about perceived impacts of the Conga project on the local water supply.
Newmont president and CEO Richard O’Brien said should the company be unable to continue with its current development plan at Conga, the scale and diversity of its global portfolio provides it with flexibility to reprioritize and reallocate capital to maintain focus on its objectives through development alternatives in Nevada, Canada, Ghana, Indonesia and Suriname.
