Newmont to start ramping up Peñasquito on May 18

Newmont is to begin ramping up operations at its Peñasquito lead-zinc-silver mine in Mexico on Monday May 18 following the government’s designation of mining as an essential activity.

The start-up of Peñasquito is expected to take roughly two weeks to reach stable production levels, the Colorado, United States-based producer said.
“As we begin to ramp up, Newmont will provide an update on the company’s 2020 outlook,” it said.

Operations at Peñasquito were placed on care and maintenance in early April after Mexico mandated the immediate suspension of all non-essential business due to...

Published

Andrea Hotter

May 14, 2020

03:34 GMT

New York