Newmont CEO confident Peru gold mine will get OK

Newmont Mining Corp is confident Peru's government will approve thegold milling equipment for sale in south africa U.S. gold company's proposed $4.8 billion Conga project after it reviews the environmental impact permit that has sparked protests, Chief Executive Officer Richard O'Brien said on Monday.

He said new exploration projects in North America, Africa and the Pacific region would contribute to Newmont's target of increasing annual gold production from 5 million ounces to 7 million ounces by 2017. "But the big question mark is South America," he told investors at the BMO Capital Markets metals and mining conference in Hollywood, Florida. Potential growth by a total of about 1-1/4 million ounces in the region is dependent on...