Polymetallic producer Buenaventura, owner of the San Gabriel underground gold mine in Peru, said in its earnings report this week the mine will be a heavy focus for it in the coming year in terms of capital spending. In the company’s third-quarter and nine-month 2023 report, Buenaventura said its 9M23 consolidated copper production increased 35% year-on-year; zinc production decreased by…
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Cerro Lindo ops suspended on rains, flooding
Luxembourg-based Nexa Resources has idled production at the Cerro Lindo polymetallic operation in the Chavín District, Chincha Province, Peru, due to heavy rainfall and overflowing rivers. The unusual weather conditions have been caused by Cyclone Yaku, which has been having an impact on the region as well as other parts of the country. At Cerro Lindo, the underground mine workings…
Read MoreNexa halts Cerro Lindo production
Nexa Resources said that production at its Cerro Lindo mine in Peru is temporarily suspended due to the mine’s access road being illegally blocked by a small group of protestors. The miner said that there has been no material impact on Cerro Lindo’s production to date and it does not expect a change to the 2021 production guidance. Activities at…
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