By Sabela Ojea
Compañia de Minas Buenaventura has temporarily suspended mining activities at one of its locations for up to three years.
The Peruvian precious metals mining company on Tuesday said it submitted a notice to the Peruvian Ministry of Energy and Mines for the temporary suspension at Colquijirca Tajo Norte.
The move comes as a result of delays to Colquijirca’s modification of environmental impact assessment approval due to Covid-19, and recent regulatory changes to the processing of environmental assessments.
Only exploration activities, stockpiled ore rehandling at the concentrator plant, water management, and care and maintenance activities will be carried out at the site.
Regular mining operations will continue to take place at the Marcapunta underground mine, the company said, noting that it is looking to increase production at the mine.
“The company will maintain its focus on improving operating efficiency to remain competitive while mining activities at Tajo Norte are suspended,” the company said.
Write to Sabela Ojea at [email protected]; @sabelaojeaguix
Read the full article here