Calling investors, Mount Quilish to be served …

     |    Saturday, der 23. April 2011

Once a year, stock market investors have their fill of milk and honey – on the annual Investor’s Day. Newmont Mining, the world’s second largest gold mining company on the New York and Toronto stock exchanges, is no exception.On April 7, it was time.

Growth is the plan – and the goal is production capacity of 7 million fine ounces of gold (currently at $ 1,500 per ounce) by 2017 at the latest. Production is now at about 5 million ounces and the projected increase should mainly occur in Latin America, in Peru and Surinam. The sensitive natural balance of the land will be affected by these projects and north of Cajamarca, and good old Quilish mountain will once again be on the ‘menu’.