Nov 13 (Reuters) - Bounty Mining Ltd (B2Y) :
- ANNOUNCES IMPACT OF OCTOBER ROCK FALL AND ANNOUNCEMENT OF PLACE CHANGE START-UP
- 23,000 T ROM LOSS OF PRODUCTION IN OCTOBER AS A DIRECT RESULT OF ROCK FALLS
- THERE WERE NO PERSONAL INJURIES & ONLY MINOR DAMAGE TO EQUIPMENT
- ESTIMATED THAT THERE WILL BE AN INDIRECT LOSS OF PRODUCTION OF 150,000 TONNES ROM IN FY20
- ESTIMATED THAT THERE WILL BE AN INDIRECT LOSS OF PRODUCTION OF 150,000 TONNES ROM IN FY20
- ABOUT 135,000 TONNES OF RESERVES WILL BE LOST AS A RESULT OF NECESSARY CHANGES TO MINING OPERATIONS
- WILL BE AN ADVERSE IMPACT ON CO'S FINANCIAL POSITION AS A CONSEQUENCE OF CHANGES TO MINING OPERATIONS
- UPDATES ON IMPACT OF PREVIOUSLY ANNOUNCED ROCK FALLS THAT STOPPED PRODUCTION AT COOK COLLIERY IN OCTOBER
