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Pan American Silver Announces Temporary Suspension of Operations in Peru Following Government Declared State of Emergency

Posted by ipso facto @ 14:26 on March 17, 2020  

VANCOUVER , March 17, 2020 /CNW/ – Pan American Silver Corp. (PAAS) (PAAS) (“Pan American”) today announced that operations at its four mines in Peru : Shahuindo, La Arena, Huaron and Morococha, are temporarily suspended, in accordance with government-mandated restrictions in response to COVID-19. On March 16, 2020 , the government of Peru declared a National State of Emergency requiring a 15-day national quarantine. Pan American will conduct care and maintenance activities during the suspension to sustain the appropriate safety and environmental systems, and ensure operational readiness when the suspension is lifted. As the situation is dynamic, Pan American is currently unable to determine the impact on our Peruvian operations for 2020

https://finance.yahoo.com/news/pan-american-silver-announces-temporary-171400917.html

I hope they were selling it all to crimex!

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.