Gold Fields plans to extend life of Peru mine

LIMA, Sept 14 (Reuters): South African miner Gold Fields Ltd aims to extend the life of its Cerro Corona gold mine in Peru through 2040 with an investment of at least $240 million, the company's vice president for the Americas said late on Wednesday.

"We're doing studies with Peruvian consulting firms and international engineering companies to extend the life of Cerro Corona until 2040," Luis Rivera told journalists at an event. "It's going to involve the use of new technologies."

Cerro Corona produced 5.1 million grams of gold last year, according to Peru's Energy and Mines Ministry.

The gold mine in northern Peru that also produces some copper, had previously been scheduled to operate until 2023.