Rambler Metals pauses mine operations as it discusses finances

17th Feb 2023 13:06

(Sharecast News) - Copper and gold explorer, developer and producer Rambler Metals updated the market on its progress on financing and the status of its operations on Friday.

The company said that while it was continuing with discussions around its financial restructuring, it had decided to pause operations pending the delivery of key supplies to the mine.

All operations were stopped at 0600 on 17 February, and were planned to restart on or before 24 February.

"The mine will be fully maintained through this period," the board said in its statement.

"Rambler appreciates the ongoing support and commitment of its employees, service providers and suppliers.

"Rambler will provide updates to its operating status as appropriate."

Reporting by Josh White for Sharecast.com.