Co-O restarts after Covid scare
PERTH (miningweekly.com) – ASX-listed Medusa Mining has maintained its gold production guidance for the full 2021 at between 90 000 oz and 95 000 oz, despite a seven-day suspension of its Co-O gold mine, in the Philippines.
The company in late October took the decision to suspend operations at Co-O, and to place the site on care and maintenance for a period of seven days after several members of the workforce tested positive for Covid-19.
Operations at the mine resumed on November 3, with the project having been disinfected and the workforce screened to minimise the risk for any further infections on site.
“Temporarily suspending operations was the correct decision and we believe the risk of the further spread of infection at site has now been minimized,” said chairperson and interim CEO Andrew Teo.
“Our workforce has performed admirably in the circumstances, with operations running in line as planned upon resumption.”
All-in sustaining cost estimates for the full 2021 have also remained unchanged at between $1 200/oz and $1 250/oz.
Comments
The
functionality
you are trying to access is only available to subscribers.
If you are already a subscriber, you can Login Here.
If you are not a subscriber, you can subscribe now, by selecting one of the below options.
For more information or assistance, please contact us at subscriptions@creamermedia.co.za.
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation