US-based Newmont seeks to expand Cerro Negro and Yanacocha gold mines in Argentina and Peru - BNamericas

Newmont is pursuing expansion plans at Cerro Negro (Argentina) and Yanacocha (Peru), pointing to potential incremental gold supply from two key Latin American jurisdictions. For the desk, this is a medium-term supply-side signal: successful approvals/capex execution would add ounces and can weigh on longer-dated gold fundamentals at the margin while supporting regional mining equities and service names. Near term, the headline is more about project pipeline/optional growth than immediate production changes. Watch for permitting, community/social license, and capex/IRR updates as the tradeable catalysts.