Peru stops mining because of the pandemic
Mining company engaged in the development of mineral deposits in Peru, has suspended production at 15 days due to the introduction of mandatory quarantine to prevent the spread of coronavirus infection COVID-19, the Agency Prime with reference to communications companies.
the Company reported a work stoppage include Freeport-McMoRan Inc copper and molybdenum mine Cerro Verde, Pan American Silver mines Shahuindo La Arena, Huaron and Morococha.
Newmont will reduce the volumes of production at Yanacocha, whereas heap leaching will continue.
Anglo American slows construction on its copper project Quellaveco value of 5.0 to 5.3 billion dollars.
Ministry of mines of Peru stated earlier that the sector will be given a certain freedom of action to run "critical" operations in the period of emergency in the country, albeit with certain conditions of safety, health and environment. The company can continue the transport of mineral concentrates and other products, "to ensure the cycle of operations and logistics".
Power from March 16 closed the border and cancelled all international flights for 15 days.
Peru is the world's second largest silver producer after Chile and the sixth in the world in gold production.