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Newmont Says Las Bambas Comments Were 'misrepresented'

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October 01, 2013 AT 10:49 AM
(Reuters) - The Financial Times took comments from Newmont Mining Corp's chief executive out of context when it wrote that the U.S. gold miner had joined the race to buy Glencore Xstrata Plc's Las Bambas copper project, Newmont said on Tuesday. "The FT story misrepresented the context and spirit in which our CEO responded to a question about Las Bambas," Newmont spokesman Omar Jabara said in an email. "He only said that Las Bambas was 'interesting' and was speaking about it in a hypothetical context. He never said that we have 'joined the race' to buy Las Bambas," he said. ...