Austral reports robbery in Chile

12th August 2022 By: Esmarie Iannucci - Creamer Media Senior Deputy Editor: Australasia

PERTH ( – ASX- and TSX-V listed Austral Gold on Friday reported an armed robbery at its Guanaco-Amancaya mine complex, in Chile.

The company told shareholders that a group of armed robbers assaulted the Guanaco-Amancaya mine complex and stole gold precipitate material equivalent to approximately 500 oz of gold from the Guanaco refinery.

The company noted that no one was seriously injured in the incident which is being investigated by Chilean authorities.

In addition, although Astral believed it had strong security, the company would undergo a thorough review to determine how it could further strengthen security at its Guanaco-Amancaya mine complex.

Austral produced 6 375 oz of gold from Guanaco-Amancaya in the second quarter ended June, with gold equivalent ounces in the full year to reach between 30 000 oz and 35 000 oz.