Categories: विदेश

UPDATE 1-Hudbay resumes operations at Peru's mine after protests

(Adds details, shares and background from paragraph 2 to 5) Oct 7 (Reuters) – Canadian miner Hudbay Minerals said on Tuesday it has resumed operations at its Constancia mine in Peru, weeks after halting output due to local protests and blockades that had disrupted access to the site. The company said it has delayed a 20,000 dry-metric-tonne concentrate shipment from late September to early October due to transport disruptions and inclement ocean swells, temporarily reducing third-quarter sales volumes. Peru, one of the world's largest copper producers, has faced recurring protests and blockades in recent years that have disrupted operations across several mines. During the shutdown, Hudbay performed preventive maintenance on the mill and mining equipment. The workforce is expected to return to normal levels over the coming days, it said in a statement. U.S.-listed shares of Hudbay rose 2.9% to $16.10 in premarket trade. (Reporting by Pranav Mathur in Bengaluru; Editing by Leroy Leo and Tasim Zahid)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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