Operating the largest gold mine in Latin America requires Newmont to
ensure our production and environmental standards abide by the laws
regulating mining activities both at a domestic and international
level. We are a company that promotes the permanent growth of the
region in compliance with responsible practices that value our workers
and those engaged in forming a better society in which mining can
coexist with the other productive activities of the region.
On July 23, 2009, Newmont announced the transfer of its interest in Empresa Minera Inti Raymi S.A., which owned the Kori Kollo gold mine and Kori Chaca gold mine, to Compania Procesadora de Minerales S.A. ("CPM"), a company controlled by Newmont's long-time Bolivian partner Jose Mercado.