Plus   Neg

Hochschild Mining Halts Inmaculada Operations After Workers Test Positive For Covid-19

Hochschild Mining PLC (HOC.L) said that it has temporarily halted operations at the Inmaculada, due to its workers testing positive for Covid-19.

Hochschild expects to resume operations as soon as a safe and healthy workforce can return to site. Inmaculada will continue with a reduced workforce operating care and maintenance activities at the site.

Both Pallancata in Peru and San Jose in Argentina currently remain in operation.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Billionaire Warren Buffett's Berkshire Hathaway reported a profit for the second-quarter that increased 87 percent from last year, as the value of its investment portfolio increased with the stock market. But it took about $10 billion write down on the value of its Precision Castparts aircraft parts unit due to the impact of the COVID-19 pandemic. Operating profit declined 10 percent. Twitter has had preliminary talks with TikTok's Chinese owner ByteDance to buy the U.S. operations of the video-sharing app, the Wall Street Journal reported citing people familiar with the matter. Meanwhile, Microsoft has been the only company so far to say publicly it is pursuing TikTok. Pfizer said Friday it reached a multi-year deal with Gilead Sciences to manufacture and supply Gilead's investigational antiviral remdesivir for COVID-19 patients.
Follow RTT