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Nevada Copper suspends operations

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(Kitco News) - Responding to COVID-19 containment measures, Nevada Copper (TSX:NCU) said Monday it is suspending copper production at its Pumpkin Hollow project located in Nevada.

The company said suspension is expected to last six weeks.

"As in many parts of the United States, Nevada has imposed stringent travel and workplace restrictions the nature of which are continuing to evolve. As previously disclosed, these restrictions have resulted in significant operational delays and work constraints affecting the company. Their continued impact without mitigation measures, especially during ramp up of the company’s underground mine, prevent it from continuing effective operations," said Nevada Copper. 

"General concern regarding the risks to the health of the company’s workforce, contractors and suppliers, the consequences of the working restrictions now in effect, and disruptions to the company’s supply chains, have made it necessary for the company to suspend copper production."

Nevada Copper is a new mine. It kicked off production in December.

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