June 30, 2010

Shilicos from Trujillo are well informed

People from Celendin who live in Trujillo city expressed their points of view about the Conga Project in the program Visión Informativa, Channel 33:

"The mining set up in Celendin is going to be an alternative of progress and improvement for our population. Investment is a sign of progress so I ask to all my fellow countrymen to support this project, because it will bring progress and opportunities to Celendin. We should stop being negative and start accepting our responsibilities to make progress".
Javier Camacho Sánchez

"The good mining based on concerted action brings positive results and provides resources to implement projects which benefit the areas of education, health and transport. We should not lose this opportunity. Those people who don´t share this view, must realize that there are places where mining and agricultural activities co-exist without predation and environmental contaminants which damage the ecology (…) By agreements and dialogues, we can solve several problems of the province, such as the 68% of infant malnutrition, illiteracy, lack of health centres. For solving these problems we need to get into an agreement with the authorities and mining companies", he explained.
Álvaro Bazán Cabellos

"This is a good opportunity. What we should do with buried richness which is useful for nobody? That is greedy! With a responsible mining we can have a great economical opportunity to build hospitals, schools and roads. For this reason, it is important that all the people from Celendin must support this project without being selfish which only causes damage to the progress. Conga officials as well as Celendin authorities, and the interested party too, must explain the project to those who don´t still believe in it".
José Bazán Silva

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June 21, 2010

Minas Conga will require a 3000 million dollars investment

Newmont’s Senior Official, Guy Lansdown said, "We are engaged with Peru and willing to make a 3 million-dollar investment to create sustainable development"

After having obtained the social license at the Public Audience of Cajamarca, with the aim to develop the project which will add half-million tons of copper to the national production, Conga Project, represented by Executive vice-president Guy Lansdown, had an important participation at the XI International Symposium of Gold.

In this event, the participation of Conga project was considered one of the most important gold-copper projects from Compañía de Minas Buenaventura and Newmont Mining Corporation. Conga operations will be managed by Yanacocha Peruvian Unit, the most important gold mining company in Latin America.

Newmont is planning to start Conga Peruvian project by the end of 2014 or at the beginning of 2015, so the decision about the advance of the project would be taken at the end of this year. Guy Lansdown said that the future project will require a strong investment of around 2,500 or 3,000 million dollars.

He also mentioned that the investment in Peru is favorable and competitive comparing with other countries of the region such as Chile, Mexico, and Brazil. "Keeping this investment environment is the key for which Peruvian economy is open, we are so pleased with the environment we have for gold investment."

Conga is an innovative mining project that wants to set up a new environmental and social management model for its influential area. The one will work on the construction of sustainable development of Cajamarca by generating direct and indirect jobs as well as social and economical contributions.

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About the Conga Project

Conga is a Yanacocha project that is currently finishing its Environmental Impact Study. One this study is approved and the financing is obtained, Conga will not longer be a project and it will go through a construction phase in order to become a copper and gold mine. The project is located in the provinces of Celendín (Huasmin and Sorochuco districts) and Cajamarca (La Encañada District).

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  Conga Project - Phone number: (51) (76) 555005 - E-mail: proyecto.conga@newmont.com - © 2010

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