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5/13/18

Breaking news (with updates): HudBay (HBM.to) (HBM) Constancia in flames

Reports arriving of a big fire at the Constancia copper mine mill facility in South Peru. Fire has engulfed much of (EDIT with positive news, make that "some of") the plant and there are some interesting videos being taken by employee phones.

Update. Here's one of them.


UPDATE 2: We hear that three trucks that were being loaded with concentrate at the rear of the facility caught fire. No injuries, happy to say.

UPDATE 3: No firm evidence yet, but there's more than a suspicion that this is more about bad blood between locals and/or local trucking firms than HBM-related. Coincidentally, there was an incident around this time last year when trucks were set on fire. Let's see what HBM has to say for itself when they inform the market tomorrow morning.