Great Panther Mining Limited (TSE:GPR) (NYSEAMERICAN:GPL) (FRA:G3U) has revealed it had temporarily suspended operations at its Topia mine in Mexico due to coronavirus (COVID-19) but noted the move was not expected to hit the group's consolidated production guidance.
The virus has been detected among the workforce at the mine, the precious metals producer said in a brief statement.
"The company will continue working closely with the local government and regional health authorities to ensure a safe restart of normal operations. A reduced workforce will remain on-site to maintain essential activities for the duration of the voluntary suspension," said Great Panther, adding that the suspension was not expected to last more than 30 days.
For the three months to September 30, this year, Topia produced an average of around 1,400 gold equivalent ounces per month and accounted for around 9% of the miner's revenues.
"Great Panther's Tucano and GMC mines remain in operation with strict COVID-19 protocols in place. The suspension of operations at Topia is not expected to impact the company's ability to achieve consolidated production guidance," the firm told investors.
Earlier this month, Great Panther said the group was on track to meet its 2020 output guidance of between 146,000 and 158,000 gold equivalent ounces.
The company boasts a portfolio of assets in Brazil, Mexico and Peru, including three operating gold and silver mines, four exploration projects, and an advanced development project.
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