Leagold closing Brazil mine for two months due to drought – by Cecilia Jamasmie (Mining.com – October 11, 2018)

http://www.mining.com/

Canada’s Leagold Mining (TSX:LMC) has had to temporarily shut down its Riacho dos Machados (RDM) mine in Brazil as a result of continued drought conditions in the country’s Minas Gerais State.

The Vancouver-based miner said it planned to resume operations in early December, with the commissioning of the grid powerline project.

RDM was closed in August last year and restarted, on an intermittent basis, in early November with the onset of the region’s rainy season.

This year, the mine remained operational until earlier this month as the processing plant benefitted from the water dam and pipeline that became operational in the second quarter of 2017, chief executive Neil Woodyer said in the statement.

The shutdown, Woodyer added, is expected to provide time for water to accumulate in the reservoir to support continuous operations.

For the rest of this article: http://www.mining.com/leagold-closing-brazil-mine-two-months-due-drought/

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