Newmont, based in Denver, Colorado, is the majority owner of the Conga project, which was to begin production in 2015 and is an extension of Yanacocha, Latin America's biggest gold mine. "For the sake of re-establishing tranquillity and social peace in Cajamarca (region), it has been decided to suspend the project's activities," said a statement from the Yanacocha mine, operated by Newmont and its local partner Buenaventura.
The Conga project, located some 3,700 m (12,140 feet) above sea level, involves moving the water from four lakes high in the mountains into reservoirs the company would build.http://www.bbc.co.uk/news/world-latin-america-15956429
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