Feb 24 (Reuters) - Gold producer Newmont ( NEM ) will invest
approximately $800 million in Argentina's Cerro Negro mine, the
country's Economy Minister, Luis Caputo, said on Tuesday.
The investment will be used to restart and expand the Cerro
Negro Expansion 1 (CNE1) project, which aims to
extend the mine's operational life beyond 2035.
"This investment aims to strengthen the company's
operational safety, boost employment, and promote regional
development," Caputo wrote in a post on X.
(Reporting by Iñigo Alexander, Editing by Natalia Siniawski)