LIMA, Feb 21 (Reuters) - Precious metals miner Newmont ( NEM )

said on Friday that it will again postpone a final investment

decision for its Yanacocha Sulfides project in Peru.

In a statement, the company said the postponement will allow

it to prioritize more profitable projects.

Yanacocha is South America's largest gold mine, located in

Peru's Cajamarca department, but it also produces copper and

silver, according to Newmont's ( NEM ) website.