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Newmont Mining aims to double annual output at Yanacocha, Latin America’s largest gold mine, to 2.5 million ounces by 2017, Peru business manager Thomas Savage said.

Greenwood Village-based Newmont and partner Cia. de Minas Buenaventura SAA will start construction work at the $4 billion Minas Conga deposit in Peru next year and start production in mid-2014, Savage said.

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