17th Aug 2020 16:17
Pure Gold Mining Inc - Canada-focused gold miner - Says it has resumed operations at its Red Lake gold mine after a forest fire in the south area of the town of Red Lake, Canada was brought under control and an evacuation order was rescinded. It said surface and underground inspections have been completed and confirmed there is no damage to infrastructure or equipment at the mine site, adding that power and access have been restored to site and the company is transitioning to a full resumption of mine activities.
Pure Gold assured the temporary shut down had no material impact on its development schedule, stating that the first gold pour is expected in the fourth quarter of 2020
Current stock price: 122.95 pence
Year-to-date change: up almost three-fold from 43.00 pence.
By Ife Taiwo; [email protected]
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