Miners Suspend Or Slow Operations As Coronavirus Panic Spreads

Metal producers worldwide are suspending production, slowing project construction or curbing their operations to critical activities as governments are imposing restrictions to contain the spread of coronavirus. These companies are also cutting non-essential travel of office employees to protect them against getting infected.

Coronavirus cases across the globe have escalated to 191,127, while the death toll stands at 7,807. To limit the spread, many countries have put in place travel or border restrictions and other measures such as constrained movement and quarantines. The Peruvian Government for instance, has closed its borders, declaring a state of national emergency requiring a 15-day quarantine. Peru is a global mining powerhouse — ranking third in global copper production, second for silver and sixth for gold and also boasts significant reserves of zinc, lead, iron ore and tin. The country’s mining ministry has allowed the mining sector to carry out critical operations during this period while maintaining safety, health and environmental conditions.

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