Freeport-McMoRan in talks over limited operations at Cerro Verde

NYSE-listed Freeport-McMoRan said on Thursday that it was in discussions with Peruvian authorities to allow the Cerro Verde mine to conduct limited operations during the country’s extended state of emergency, positioning the mine to return to normal operations when restrictions were lifted.

Peruvian President Martin Vizcarra has ordered an extension of the Covid-19 state of emergency for an additional 13 days until April 12 in a bid to curb the spread of the infection. The initial state of emergency was due to expire on March 30.