https://www.engineeringnews.co.za

Galantas restarts Omagh processing, to publish results later

28th May 2020

By: Marleny Arnoldi

Online News Editor

     

Font size: - +

TSX-V- and Aim-listed Galantas Gold has advised that it will only publish its full-year and interim results later this year.

This follows after the Canadian Securities Administrators published blanket relief for market participants regarding the filing of certain continuous disclosure documents as a result of Covid-19 delays and impacts.

To this end, Galantas intends to file its annual financial statements for the year ended December 31, 2019, and its interim financial statements for the quarter ended March 31, by June 15 and July 15, respectively.

Meanwhile, the company has restarted concentrate processing at its Omagh gold mine, in Northern Ireland.

The restart follows a review of Northern Ireland/UK government health advice regarding Covid-19, a risk assessment and the introduction of appropriate modifications to working practices.

Feedstock for the processing plant is from low grade stock until suitable arrangements are in place to restart development underground, Galantas advises.

The company is continuing discussions with a number of parties, involving a potential sale or joint venture agreement for the mine.

Edited by Mariaan Webb
Creamer Media Contract Publishing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Multotec
Multotec

Multotec, recognised industry leaders in metallurgy and process engineering help mining houses across the world process minerals more efficiently,...

VISIT SHOWROOM 
Iritron
Iritron

Iritron delivers advanced automation, control, and optimisation solutions to the Mining, Minerals & Metals, Consumer Package Goods and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.049 1.341s - 140pq - 2rq
Subscribe Now