Canadian base metals mining company Capstone Mining Corp. (TSX:CS) istaking steps to safely and systematically reduce mining and processing activities at its Cozamin operation in Zacatecas, Mexico, to comply with a government-mandated suspension of all non-essential activities.
On March 31, 2020, the Mexican Federal Government declared a national health emergency in response to the COVID-19 pandemic and suspended all non-essential activities in private and public sectors until April 30, 2020.
Since March 31, 2020, Capstone has been working with government, surrounding communities, industry peers and its employees and contractors to understand and comply with the government mandate.
The company said it is taking all steps necessary to be able to quickly and safely ramp production back up once the temporary suspension has been lifted. A reduced workforce will remain onsite to maintain key infrastructure, manage environmental compliance and provide requisite security.
At this time, Capstone’s Pinto Valley operation in Arizona remains at full capacity.
Capstone said that each of its operations has developed site-specific screening, education and modifications to work procedures to limit COVID-19 exposure and transmission.
“Capstone’s priority is to ensure the health and safety of our people and the communities in which we operate, and is following the requirements and advice of local government authorities and the World Health Organisation. Refer to the news release of March 25, 2020 for some of the rigorous control and prevention measures implemented by the company,” the company stated.
Capstone Mining has two producing mines in the Pinto Valley copper mine located in Arizona and the Cozamin copper-silver mine in Zacatecas State, Mexico.
In addition, Capstone has the large scale 70% owned copper-iron Santo Domingo development project in Region III, Chile, in partnership with Korea Resources Corporation, as well as a portfolio of exploration properties.
