Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRMM.L Share News (RMM)

  • There is currently no data for RMM

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Rambler reports production delays as workers test positive for Covid

Tue, 04th Jan 2022 15:41

(Alliance News) - Rambler Metals and Mining PLC said on Tuesday that shortages in the number of contract workers will delay production targets further into the first quarter of 2022.

The Surrey-based mining company said that a number of critical operators have had to isolate after positive PCR test results for Covid-19.

Rambler stated that the workers were due to fly-in to the Newfoundland mines in Canada, and as of yet, no mining sites had been affected by the virus outbreak.

The shortage of workers, who focus on mine development, will impact Rambler's target of sustaining 1,350 tonnes ore per day, and will delay production guidance further into the first quarter than had previously been announced in the fourth quarter of 2021.

Rambler has said it is looking at arrangements to mitigate the financial impact and will report to the market in due course.

Shares in Rambler Metals & Mining fell 10% to 36.33 pence on Tuesday afternoon in London.

By Elizabeth Winter; elizabethwinter@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
17 Aug 2020 20:11

IN BRIEF: Rambler Metals Secures Short Term Loan Of CAD2.4 Million

IN BRIEF: Rambler Metals Secures Short Term Loan Of CAD2.4 Million

Read more
22 Jul 2020 20:00

IN BRIEF: Rambler Metals Copper Production Down In Half, Eyes Ramp Up

IN BRIEF: Rambler Metals Copper Production Down In Half, Eyes Ramp Up

Read more
1 Jul 2020 21:29

IN BRIEF: Rambler Metals & Mining Reports Delay In Fundraising

IN BRIEF: Rambler Metals & Mining Reports Delay In Fundraising

Read more
2 Jun 2020 13:42

Rambler Metals secures $1m bridge loan from Aether

(Sharecast News) - Copper and gold explorer, developer and producer Rambler Metals and Mining has entered into a short-term financing agreement with Aether Real Assets Co-Investment, it announced on Tuesday.

Read more
2 Jun 2020 12:57

UK TRADING UPDATE SUMMARY: Novacyt Virus Test Orders At EUR135 Million

UK TRADING UPDATE SUMMARY: Novacyt Virus Test Orders At EUR135 Million

Read more
1 Jun 2020 12:02

UK EXECUTIVE CHANGE SUMMARY: Rambler Metals & Minerals Picks New CEO

UK EXECUTIVE CHANGE SUMMARY: Rambler Metals & Minerals Picks New CEO

Read more
29 May 2020 15:57

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

Read more
11 May 2020 12:47

Rambler Metals Revenue Jumps In 2019 But Pandemic To Dent 2020

Rambler Metals Revenue Jumps In 2019 But Pandemic To Dent 2020

Read more
7 May 2020 17:30

UK TRADING UPDATE SUMMARY: Filta Launches Covid-19 Sanitising Service

UK TRADING UPDATE SUMMARY: Filta Launches Covid-19 Sanitising Service

Read more
7 May 2020 15:45

Rambler Metals enters bridging loan deal with major shareholder

(Sharecast News) - Copper and gold explorer, developer and producer Rambler Metals and Mining has entered into a short-term financing agreement with CE Mining III Rambler, it announced on Thursday.

Read more
1 May 2020 15:23

Rambler Metals & Mining Copper Production Up But Gold Output Falls

Rambler Metals & Mining Copper Production Up But Gold Output Falls

Read more
14 Apr 2020 13:24

UK TRADING UPDATE SUMMARY: Companies Cut Pay To Mitigate Virus Impact

UK TRADING UPDATE SUMMARY: Companies Cut Pay To Mitigate Virus Impact

Read more
9 Apr 2020 16:23

UK EXECUTIVE CHANGE SUMMARY: Rambler Metals Taps Former Shanta CEO

UK EXECUTIVE CHANGE SUMMARY: Rambler Metals Taps Former Shanta CEO

Read more
12 Mar 2020 16:16

Rambler Metals Permits Maritime Resources To Study Nugget Pond

Rambler Metals Permits Maritime Resources To Study Nugget Pond

Read more
6 Feb 2020 14:47

Rambler Metals Reports Best Gold And Copper Output Since 2014

Rambler Metals Reports Best Gold And Copper Output Since 2014

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.