RE: An interesting thought process25 Mar 2020 20:56
SNAP MrBond....I worry too about our mine being closed down by COVID-19 /Gov regs. resulting in cancellation of our DIV..
Around the world...just today....mines are being forced to close down by COVID mainly S Africa atm
but Egypt is heavy populated as well
I AM A LT CEY SHAREHOLDER TOO ....NOT A TROLL
SOME OF TODAYS ANNOUNCEMENTS HERE.......
SolGold PLC - gold explorer - Temporarily suspends site work in Ecuador following order to stay at home from government. Teams working from home, Alpala feasibility study continuing externally. Cannot give timeframe on work suspension.
Firestone Diamonds PLC - diamond miner - Puts Liqhobong mine in Lesotho on care & maintenance. Decision follows 21-day lockdown ordered in South Africa, which surrounds Lesotho.
Kropz PLC - African phosphate explorer - Does not expect adverse impact from South Africa lockdown, can continue to progress work with all staff working from home.
Alien Metals Ltd - copper, zinc, lead and silver miner - Work continues on all operations despite Covid-19, but work programmes being reviewed. Update to come in coming weeks.
Katoro Gold PLC - African gold miner - All activity on-site in South Africa put on hold, staff working from home. No further guidance given.
Goldplat PLC - gold recovery - Operations temporarily curtailed due to Covid-19. Kilimapesa gold plant under care & maintenance, South African operations to stop from Thursday for 21 days. Debt is low by industry standards, confident will have strength to see of downturn.
Red Rock Resources PLC - gold, copper and oil explorer - Investee Jupiter Mines Ltd has been forced to close the Tshipi manganese mine in South Africa. Operations in Kenya operating normally, but further government restrictions to come.
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