The announcement comes as the company is laying off about 50 workers in Lynchburg, Virginia, a bit more than half the jobs it has cut in the US as of late.
Mexico’s biggest copper producer is leveraging its relatively low debt and strong profit margins to invest more than $4.6 billion expanding some of its mines.
Recently released satellite images show that devastation from illegal gold mining activities in Peru is now reaching the Tambopata National Reserve, an important protected area in the country’s southern Amazon.