{"id":1196755,"date":"2020-07-20T11:57:32","date_gmt":"2020-07-20T16:57:32","guid":{"rendered":"https:\/\/www.mining.com\/?p=1030178"},"modified":"2020-07-20T11:57:32","modified_gmt":"2020-07-20T16:57:32","slug":"pan-american-suspends-peru-operations-2","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1196755","title":{"rendered":"Pan American suspends Peru operations"},"content":{"rendered":"

Pan American Silver (NASDAQ: PAAS, TSX: PAAS) announced<\/a> on Monday that it is moving its Huaron and Morococha operations in Peru into care and maintenance in response to several workers at the mines recently testing positive for covid-19. <\/p>\n

According to the company, a reduced workforce will conduct activities until it is determined that normal operations can safely resume.<\/p>\n

Mining companies operating in Peru are being forced to keep operations suspended and halt new ones<\/a> as confirmed coronavirus cases in the country surged past 353,000 on Sunday.<\/p>\n

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Pan American withdrew its 2020 operating guidance in March<\/p>\n<\/blockquote>\n<\/figure>\n

Huaron mine in Pasco produced 3.8 million ounces of silver in 2019 while the Morococha mine produced 2.5 million ounces.  <\/p>\n

The world’s second largest primary silver producer had suspended normal operations<\/a> at its mines in Mexico, Peru, Argentina and Bolivia in March 2020 to comply with mandatory national quarantines imposed in response to the pandemic. <\/p>\n

The Timmins West and Bell Creek mines in Canada have continued to operate at 90% of capacity. <\/p>\n

Pan American withdrew its 2020 operating guidance in March, given the uncertainties related to the pandemic.<\/p>\n

Midday Monday, Pan American\u2019s stock was up 3.3% on the TSX. The company has a C$10.1 billion market capitalization.<\/p>\n","protected":false},"excerpt":{"rendered":"

Company is moving its Huaron and Morococha operations into care and maintenance in response to several workers at the mines recently testing positive for covid-19.<\/p>\n","protected":false},"author":110,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[369,2640],"tags":[43],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1196755"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/110"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1196755"}],"version-history":[{"count":2,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1196755\/revisions"}],"predecessor-version":[{"id":1196853,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1196755\/revisions\/1196853"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1196755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1196755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1196755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}