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Great Panther restarts Guanajuato ops following explosives theft assessment

17th February 2016

By: Creamer Media Reporter

  

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TORONTO (miningweekly.com) – Great Panther Silver has restarted full operations at its Guanajuato mine complex, in Mexico, after the regulatory authority responsible for permitting and regulating the use of explosives concluded its investigation into explosives theft that took place at one of the operation’s mines in January.

The TSX- and NYSE MKT-listed miner advised that it was trying to make up for the temporary disruption to production and said that, while the incident might have a “minor effect” on the first quarter's results, the company's full-year 2016 production guidance remained between 4-million and 4.2-million silver equivalent ounces.

Great Panther was fined by Mexican authorities after explosives were stolen from one of the mines at its Guanajuato mine complex.

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Edited by Samantha Herbst
Creamer Media Deputy Editor

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