Newmont Commits 800 Million Dollars to Expand Argentina Gold Mine Operations
Gold producer Newmont today announced an 800 million dollar investment to expand its Cerro Negro mine in Argentina. The project aims to extend operations past 2035.
Insights:
Newmont Corporation announced on February 24, 2026, that it will invest approximately $800 million to restart and expand the Cerro Negro Expansion 1 (CNE1) project at the Cerro Negro mine in Argentina 
AR. The investment is designed to extend the operational life of the mine beyond 2035 and represents a major capital commitment to the region's extractive industry.
AR. The investment is designed to extend the operational life of the mine beyond 2035 and represents a major capital commitment to the region's extractive industry.
