17th Sep 2015 07:24
LONDON (Alliance News) - Stratex International PLC on Thursday said cold commissioning work has been completed at the Altinepe gold mine in northern Turkey, though weather conditions have caused some delays.
The company said completion of the heap leach pad means the gold pour at the site has been delayed and will now start in October.
"Our partners Bahar have continued to make excellent progress, with cold commissioning completed as scheduled. The short delay to first gold pour is frustrating but reflects the complexities of a mine-construction programme and should only be minimal," said Stratex Chief Executive Bob Foster.
Shares in Stratex were down 3.5% to 2.08 pence on Thursday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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