Column: In search of the elusive green nickel premium
Just about every Western producer will tell you metal produced to higher environmental and social standards should command a premium.
Canada’s Kinross Gold Corp has isolated its Kupol mine in Russia’s Far East after two workers were hospitalised with suspected coronavirus infections in the biggest mining lockdown since the outbreak of the disease in December last year.
The plant, which has the capacity to produce 4,500 tonnes of ore a day, is continuing to operate on schedule, but its output is not being shipped, a spokesman said.
The plant is continuing to operate on schedule, but its output is not being shipped
Air links to the remote mine, located in the Chukotka region, 400 km (248.55 miles) northwest of the city of Anadyr, have been suspended and its winter road route, a snow and ice overland connection, has been closed off.
Both workers are currently hospitalised in Anadyr, awaiting the results of their coronavirus tests. The region has no confirmed cases of the new disease, which has infected 204,000 globally, including 147 confirmed cases in Russia.
Contacts between the mine complex, where 866 employees are currently located, and another of the company’s plants located 100 km away have been put on hold.
“The plant is continuing its operations, and serious prophylactic measures have been taken. Work is ongoing under self-isolation conditions,” the spokesman said, adding that Kupol’s employees are under medical surveillance.
One of the hospitalised workers had returned to Russia from Verona in Italy, an epicentre of the outbreak, in late February, Russia’s consumer health and safety watchdog said.
(By Anastasia Lyrchikova and Polina Ivanova; Editing by Chizu Nomiyama)
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