Normal operations have resumed at Besra’s Phuoc Son Gold Mine in central Vietnam after a week-long shutdown earlier this month. The company initiated the shutdown on May 7 due to a blockade of the access road to the site by a number of local protestors.

The blockade commenced following the unauthorized release of 755kg of tailings into the local watershed which resulted from an act of vandalism in the early hours of May 7 when vandals attempted to remove a tailings pipe from site. Besra immediately shut the plant and launched clean-up operations once the discharge was discovered.

Company representatives were able to work closely with local authorities, including the Environment Department and police, as well as senior community representatives. Negotiations with the community concluded peacefully and amicably resulting in the local community withdrawing their blockade on the morning of May 12.

“Despite the production downtime resulting from this event, Besra still expects to meet its market guidance of 60,000 to 65,000 ounces of gold for the financial year ending June 30, 2013,” says chief executive officer John Seton.

The Phuoc Son mine is one of four advanced properties owned by Besra in East Malaysia, Central Vietnam and Capcapo in the Philippines.

www.besra.com

Resource Center Whitepapers, Videos, Case Studies

Conferences & Events

No events