Newmont resumes operations at its Cerro Negro mine in Argentina

Cerro Negro is undergoing a $540-million expansion project that would extend its life until 2034.

Newmont Mining, the world’s largest gold producer, has resumed operations at its Cerro Negro mine in Argentina, after a six-week suspension due to the death of two workers.

“The return-to-operations plan has been reviewed by governmental authorities,” Marcelo Campos, general mine manager, stated.

Argentinian services chamber Capromisa have expressed their concerns about the effects a prolonged suspension would have on small and medium-sized companies as well as service providers.

Capromisa asked the authorities to accelerate the investigation around deaths as well as the administrative processes.

The gold mine, located in the southern Argentinian province of Santa Cruz, is one of Newmont’s key operations in South America, generating over $500 million in exports per year. 

Cerro Negro is undergoing a $540-million expansion project that would extend its life until 2034.

The extensive Cerro Negro complex has three high-grade underground operating mines, Eureka, Mariana Central and Mariana Norte, and two underground deposits being developed, Emilia and San Marcos.