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Freeport halts Cerro Verde over Covid-19
Freeport-McMoRan announced on Tuesday that it has put its Cerro Verde mine in Peru on care and maintenance for 15 days in response to measures taken by the Peruvian government to contain the Covid-19 outbreak. During this period, onsite personnel will be limited to...
Lundin places zinc expansion on back-burner over coronavirus
Lundin Mining has put the brakes on zinc expansion activities at its Neves-Corvo operation in Portugal, joining the rising number of companies taking precautionary steps in the face of the global spread of the novel coronavirus. “As the workforce for the project...
Barrick revitalizes Veladero mine
Barrick Gold announced Monday that the life of its jointly owned Veladero mine in San Juan, Argentina has been extended to at least 10 years following a comprehensive review of its strategy and business plan. In a media briefing conducted via video conferencing to...
Nevada Copper Opens The First New U.S. Copper Mine in More Than a Decade
With the continuing shift to renewable energy sources and lower carbon emissions, global demand for copper is rising. Some analysts predict that demand could increase by as much as 43% over the next 15 years. But there are concerns about the sector, with sizeable...