Newmont, the global gold producer, has resumed operations at its Cerro Negro gold mine in Argentina after a six-week suspension due to the death of two workers.
Newmont reaffirms commitment to safety
Marcelo Campos, the mine’s general manager, reported that the mine’s return to operations plan has been reviewed and approved by government authorities. According to Campos, this approval is a sign of Newmont’s commitment to safety and operational excellence at its facilities.
On the other hand, the Provincial Chamber of Suppliers and Services (Capromisa) expressed its concern about the negative impact that a prolonged suspension could have on small and medium-sized enterprises (SMEs) and local service providers. In view of this situation, Capromisa urged the authorities to expedite the investigation into the deaths and to speed up the necessary administrative processes to allow the resumption of operations at the mine.
In addition, it is important to note that the Cerro Negro gold mine Cerro Negro, located in Santa Cruz province in southern Argentina, is one of Newmont’s key operations in South America. The mine generates more than US$500 million annually in exports, contributing significantly to the local and national economy.
Development and expansion at the Cerro Negro gold mine
As for future plans, Cerro Negro is in the midst of a US$540 million expansion project that will extend its life until 2034. Total production is expected to exceed 350,000 ounces of gold starting in 2024, while this year’s production is expected to reach 290,000 ounces.
The Cerro Negro complex is extensive and has three underground mines. subway mines three high grade underground mines in operation: Eureka, Mariana Central and Mariana Norte. Two additional subway reservoirs, Emilia and San Marcos, are under development. This asset also includes five other deposits in an advanced stage of evaluation for development, with the objective of expanding existing operations in the Marianas Complex and establishing new operations in the Eastern District.
In a broader context, the resumption of operations at Cerro Negro highlights the importance of safety practices and corporate social responsibility policies in the mining industry. Mining companies must balance production and profits with the safety of their workers and the well-being of local communities.
In this sense, Newmont has shown its commitment to these principles by working closely with authorities to ensure a safe and sustainable working environment.
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Source: mining
Photo: Shutterstock
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