BHP sees rising uncertainty for miners on trade as Trump returns
Mining companies across the globe have been spooked by Trump’s plans to slap tariffs.
Southern Copper, one of the world’s largest producers of the metal, has postponed its $1 billion Tia Maria mining project in Peru because of social conflicts, Chief Executive Oscar Gonzalez said on Tuesday.
The company (SCCO.N: Quote) will revise the project’s viability later this month and consider alternative sites in Argentina and Ecuador in the meantime, Gonzalez told local television.