UPDATE 1-Freeport-McMoRan closes New Mexico mine as coronavirus cases spread [Reuters]
Freeport-McMoRan, Inc. (FCX)
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Source: Reuters
UPDATE 1-Freeport-McMoRan closes New Mexico mine as coronavirus cases spread (Adds details) By Ernest Scheyder April 12 (Reuters) - Freeport-McMoRan Inc said on Sunday it has suspended operations at its Chino copper mine in New Mexico indefinitely because of the spread of COVID-19, the respiratory disease caused by the new coronavirus, among the site’s workers. The closure marks the latest blow for Freeport, the world’s largest publicly traded copper producer, after Peru’s government shuttered its mines last month because of the coronavirus outbreak, which has claimed more than 110,000 lives across the globe and infected nearly 2 million. The Chino mine, in New Mexico’s southwest corner, produced 175 million pounds of copper last year, making it the company’s third-largest North American mine by production. Three of the mine’s employees tested positive for the virus earlier this month. Freeport said on Sunday that more employees have now tested positive, adding the contagion is not “w
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