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Pure Gold shares tarnished after Covid-19 outbreak slows production

11th Jan 2022 12:08

(Alliance News) - Pure Gold Mining Inc announced on Tuesday it expects to see "slightly reduced" production rates following a Covid-19 outbreak at its Ontario mine in the past few days.

The Vancouver, Canada-based gold mining company said the impact on production is currently unknown. It expects any shortfall in production to be made up after a return to full production. The company provides no estimated date for this.

Pure Gold said it was taking measures such as reducing on-site staff to essential workers and having administrative staff work remotely.

The stock was down 2.2% to 38.15 pence each midday Tuesday in London.

Pure Gold "continues to monitor the situation very closely and will provide updates as necessary".

By Elizabeth Winter; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


Related Shares:

PUR.L
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