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Pit wall and ramp fails at Avesoro's New Liberty mine
3rd Oct 2019 15:05
(Sharecast News) - Avesoro Resources announced on Thursday that a pit wall and ramp failure occurred in the Kinjor pit at its New Liberty Gold mine in Liberia, on 1 October.
The AIM-traded firm said the site experienced a wall and ramp failure in the north side of the Kinjor-east pit.
There were no injuries or equipment damage arising from the event, the board confirmed.
"However, mining activities within the Kinjor-East pit have been suspended pending an assessment of the impact of the event," the board said in its statement.
"Mining is continuing at the Marvoe and Kinjor-South pits at New Liberty, but ore production volumes will be reduced for some time as a result of the event."
The board added that, further to its announcement on 20 August, the firm's gold production and cost guidance for the 2019 full year remained under review.
The AIM-traded firm said the site experienced a wall and ramp failure in the north side of the Kinjor-east pit.
There were no injuries or equipment damage arising from the event, the board confirmed.
"However, mining activities within the Kinjor-East pit have been suspended pending an assessment of the impact of the event," the board said in its statement.
"Mining is continuing at the Marvoe and Kinjor-South pits at New Liberty, but ore production volumes will be reduced for some time as a result of the event."
The board added that, further to its announcement on 20 August, the firm's gold production and cost guidance for the 2019 full year remained under review.