Scotgold Resources downgrades annual output guidance | 27 Ap

Scotgold Resources downgrades annual output guidance | 27 April 2021


27 April 2021 | 09:59am
StockMarketWire.com - Mining company Scotgold Resources downgraded production guidance after reassessing the performance of its flagship Cononish mine in Scotland.
The company said it had resolved various outstanding technical issues affecting the processing plant at the mine, which it said was ramping up to full design capacity 'expeditiously'.
Scotgold Resources had commenced a review of the mine plan at the beginning of April.
It concluded a ramp-up of underground mining production would be slower than originally planned.
'Mine development is insufficient for the mine to provide optimal ore quantity and quality in the short term, however this is not predicted to have long term impacts,' it said.

Related Keywords

United Kingdom , Scotland , , Scotgold Resources Ltd , Scotgold Resources , Lon Sgz , Gz L , Fvgz , ஒன்றுபட்டது கிஂக்டம் , ஸ்காட்லாந்து ,

© 2025 Vimarsana