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Avanco may scale back operations amid Brazilian truck driver strike

Avanco Resources Ltd. said in a May 23 release that it may have to scale back some operations in Brazil to preserve fuel stocks due to a nationwide truck driver strike.

While operations have so far been unaffected by the strike action, the company said the situation may disrupt the supply of consumables for mining and processing at the Antas copper project and delay the transport of copper concentrate to port.

Thousands of Brazilian truck drivers went on strike May 21, protesting rising fuel prices. In response, the Brazilian government announced a tax reduction on diesel and will reportedly open negotiations with the striking truck drivers May 23.