financetom
Business
financetom
/
Business
/
Newmont to invest $800 million in Argentina's Cerro Negro
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Newmont to invest $800 million in Argentina's Cerro Negro
Mar 11, 2026 5:28 AM

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)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
US FCC chair to testify before Senate after Kimmel episode
US FCC chair to testify before Senate after Kimmel episode
Nov 7, 2025
WASHINGTON, Nov 7 (Reuters) - U.S. Federal Communications Commission Chairman Brendan Carr will testify on December 17 before the Senate Commerce Committee after he faced bipartisan criticism for pressuring broadcasters to take ABC late-night talk show host Jimmy Kimmel off air. Senator Ted Cruz, the committee chair, announced the oversight hearing late on Friday, which will also include commissioners Olivia...
US Justice Department probes meatpackers, attorney general says
US Justice Department probes meatpackers, attorney general says
Nov 7, 2025
WASHINGTON/CHICAGO (Reuters) -President Donald Trump on Friday accused meatpacking companies of driving up U.S. beef prices, which have hit records, through manipulation and collusion, and ordered the Justice Department to investigate. Attorney General Pam Bondi said in an X post the probe was under way and being run by Agriculture Secretary Brooke Rollins and Assistant Attorney General Gail Slater. Slater...
BRIEF-Pfizer Sweetens Its Offer For Metsera In Bidding War Against Novo - Bloomberg News
BRIEF-Pfizer Sweetens Its Offer For Metsera In Bidding War Against Novo - Bloomberg News
Nov 7, 2025
Nov 7 (Reuters) - * PFIZER SWEETENS ITS OFFER FOR METSERA IN BIDDING WAR AGAINST NOVO - BLOOMBERG NEWS Source text: https://tinyurl.com/5xetvc9c Further company coverage: ...
BlackRock to wind down fund that invested in failed car lender Tricolor, FT reports
BlackRock to wind down fund that invested in failed car lender Tricolor, FT reports
Nov 7, 2025
(Reuters) -BlackRock ( BLK ), the world's biggest asset manager, is winding down a social impact fund that invested in collapsed subprime car lender Tricolor, the Financial Times reported on Friday, citing several people familiar with the decision. The firm told employees it would close its BlackRock Impact Opportunities fund to new investments after Tricolor filed for bankruptcy in September,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved