Conga is a gold-copper porphyry deposit. The project comprises an open pit mine and a mill with 96ktpd ore processing capacity to produce a gold and copper concentrate. The deposit is located 30km east of Newmont's Yanacocha gold operations in Peru, roughly 600km north of Lima and 73km northeast of Cajamarca. A feasibility study was completed in 2004. The Environmental Impact Statement (EIS) was approved in Q1 2011 and funding was approved in Q3 2011; however, the project was suspended in November 2011 following severe local conflicts. In 2016, the reserves were reclassified as resources. The accompanying analysis conservatively assumes the first production in 2027.