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Great Panther Mining updates on impact of coronavirus on its operations

To date, safety measures taken by the miner have not impacted its operating mines in Mexico and Brazil

Great Panther Mining Limited - Great Panther Mining Limited updates on impact of coronavirus on its operations
Great Panther owns an operating gold mine in Brazil, two operating primary silver mines in Mexico, and also owns two mines on care and maintenance, one in Mexico and one in Peru

Great Panther Mining Limited (TSE:GPR) (NYSEAMERICAN:GPL) said Friday that all its operations and offices have implemented “travel restrictions, monitoring and response plans” to reduce the risk of the coronavirus pandemic.

In a statement, the intermediate gold and silver mining and exploration company said it continues to hold “the health and safety of its people and host communities as a top priority.”

International travel has been suspended and health screening of local contractors, visitors and employees has been implemented, said the miner.

READ: Great Panther looking to grow the resource and mine life at Tucano as it posts inaugural estimates

Great Panther owns an operating gold mine in Brazil and two operating primary silver mines in Mexico. It also owns two mines on care and maintenance, one in Mexico and one in Peru.

“To date, these measures have not impacted the company's operating mines in Mexico and Brazil and there are no confirmed or suspected cases of COVID-19 across the company's corporate offices and mining operations,” said the company.

It added that the Coricancha Mine in Peru has been on care and maintenance with some limited mining and processing campaigns to evaluate a restart of operations.

In line with government-mandated restrictions in response to the pandemic, the Coricancha Mine personnel will conduct exclusive care and maintenance activities to sustain the appropriate safety and environmental systems during the 15-day national emergency announced on March 16.

“The Coricancha Mine is not material to the company's operations,” explained the miner.

The company said it will continue to evaluate the "effectiveness" of business continuity measures it has implemented to minimize the potential impact of the pandemic. It will also recognizes restrictions imposed by local governments that may affect its operations, supply chain and financial activities.

Contact the author Uttara Choudhury at [email protected]

Follow her on Twitter: @UttaraProactive 

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TSX:GPR
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