Freeport Indonesia to process 400,000t of copper concentrate at new smelter
Earlier this month, Freeport obtained an export permit for the rest of the year from the government.
Canada’s Endeavour Mining (TSX:EDV) announced on Tuesday that its chief executive officer, Sébastien de Montessus, is donating 30% of his base salary to efforts helping to fight the coronavirus pandemic.
Other members of the management team have also committed to give a portion of their salaries, for the next three months, the company said.
Initiative brings the company’s total donation to fight the global pandemic to $6 million
Endeavour will match the funds to result in a total donation of $1 million, which when added to previous spending on community initiatives, brings the miner’s total donation to $6 million.
The West Africa-focused miner also said the employees who tested positive for covid-19 in March had fully recovered, adding that its operations in Côte d’Ivoire, Burkina Faso and Mali continue at normal levels, with increased health and safety measures in place.
The company last month bought smaller rival Semafo (TSX: SMF) in a C$1 billion ($691 million) deal, which made it the biggest gold producer in Burkina Faso and Ivory Coast, with production estimated at over 1 million ounces a year.
Billionaire Egyptian Naguib Sawiris’s family holding, La Mancha, owns about 30% of Endeavour Mining.
Comments
Andrés sorribes
Look about zoonosis due to human presente on the earth, maybe more( even more dangerous) will come in the future…??