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Soma Gold temporarily suspends mining operations at El Bagre due to 'civil unrest'

Vladimir Basov

Kitco News

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(Kitco News) - Soma Gold (TSXV: SOMA) announced yesterday that mining and processing operations at its El Bagre gold mining complex in Colombia have been temporarily suspended due to civil unrest in the region.

The company said that the unrest has been caused by small alluvial miners rejecting and protesting against the Government's enforcement of the mining and environmental rules.

"The general strike and protests are not aimed at legal underground operations, such as Soma's mine and mill. Still, the company has decided to suspend operations in the interest of their workers' safety," Soma said in a statement. "The Government is actively working to resolve the conflict with an expectation of a quick resolution of the issues."

Soma added it is maintaining all systems at "ready status" and will re-commence operations as soon as possible.

"At this point, the anticipated suspension will not affect the company's production guidance for 2023," Soma said.

Soma Gold is a mining company focused on gold production and exploration. The company owns two adjacent mining properties in Antioquia, Colombia with a combined milling capacity of 675 tpd. (permitted for 1,400 tpd). The El Bagre mill is currently operating and producing.

The company also owns an exploration property near Tucuma, Para State, Brazil that is currently under option to Ero Copper Corp.

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By Vladimir Basov

For Kitco News

Contact vbasov@kitco.com
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