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Newmont Safely Ramping Down Peñasquito Operations

Mining News - Published on Fri, 03 Apr 2020

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Newmont Corporation announced that following new, Coronavirus-related restrictions by the government of Mexico, the Company is taking steps towards a safe and orderly ramp down of operations at the Penasquito mine in the state of Zacatecas. Newmont President and Chief Executive Officer Tom Palmer said “Whilst Newmont currently has no confirmed cases of COVID-19, we have proactively implemented rigorous and wide-ranging controls at all of our sites around the globe to protect our workforce and neighboring communities from contracting or transmitting the disease. We will, of course, comply with Mexico’s latest directive while engaging with the government to gain further clarity regarding important activities that may continue at the mine. In the meantime, we will ensure Penasquito remains well-positioned to safely and efficiently ramp up operations in a timely manner once the government’s directive is lifted.”

This includes maintaining critical safety, environmental management, infrastructure maintenance and security activities, while continuing to provide essential community support.

The Company is currently unable to determine the extent to which ramp down activities will impact Penasquito’s production and costs for 2020.

Over the last several weeks at Penasquito, Newmont has implemented a number of protective measures including:
Temperature and other screening before entering the site
Interpersonal distancing at work and during transport
Critical workers, only, allowed at site; remote work from home
Closing offices in Mexico City, Monterrey and Zacatecas
Higher-risk employees (over 60, pregnant, chronic health conditions) remaining at home
Education campaigns with communities and employees about preventing transmission
Donating protective equipment and 500 COVID-19 detection tests to Zacatecas authorities
Donating sanitation kits to local communities to prevent infection

Newmont is the world’s leading gold company and a producer of copper, silver, zinc and lead. The Company’s world-class portfolio of assets, prospects and talent is anchored in favorable mining jurisdictions in North America, South America, Australia and Africa.

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Posted By : Rabi Wangkhem on Fri, 03 Apr 2020
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