Nexa suspends its Atacocha San Gerardo zinc mine in Peru due to community protests

Kitco Media
By Vladimir Basov
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(Kitco News) - Nexa Resources (NYSE: NEXA) informed today that production at the Atacocha San Gerardo open pit zinc mine in Peru is temporarily suspended.

“The Machcan community has illegally blocked the road access to the mine due to protest activities, and although there is no material impact on Atacocha´s production to date, mine production has been suspended, and activities are limited to critical operations with a minimum workforce to ensure proper maintenance,” the company said in a statement.

Nexa added it is complying with all existing agreements, pursuing an active dialogue with the community and authorities for a peaceful resolution of this situation, in addition to remaining committed to the social development of all its host communities.

The company noted that on a weekly basis, Atacocha produces approximately 0.2kt of zinc, accounting for less than 3% of Nexa's zinc production.

Nexa is an integrated zinc producer with over 60 years of experience developing and operating mining and smelting assets in Latin America.

Nexa currently owns and operates five long-life underground mines - three located in the Central Andes of Peru and two located in the state of Minas Gerais in Brazil - and is starting the Aripuanã Project as its sixth underground mine in Mato Grosso, Brazil. Nexa also currently owns and operates three smelters, two located in Brazil and one in Peru.


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Vladimir Basov

Vladimir (PhD, MEng in Mining) is a professional mining engineer, scientist and analyst that has more than 20 years of practical in-field and research experience. He is particularly interested in collecting, processing baseline data and writing insightful data-driven mining industry analytics, articles, statistical and research reports.

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