AR1 0.00% 16.0¢ austral resources australia ltd

There has been a record (one day) rainfall event at Century Mine...

  1. 224 Posts.
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    There has been a record (one day) rainfall event at Century Mine (313mm rain on 8th March) and this was followed by another 220mm rain on 9th March - NCZ have stopped production activities.

    This monsoonal rainfall event has also impacted 29M Capricorn Copper operation (approx. 170mm rain on 8th March, plus another big dump on the 9th March) and they have also stopped operation (flooding in pits, issues with water storages on site plus site access).
    AR1 have not yet released any update as to the impact on their Mt Kelly operations (which are located approx. 2km from Lady Loretta) - right in the middle of the intense rainfall event zone. AR1's operations are approx 40km to the SW of Gunpowder

    https://hotcopper.com.au/data/attachments/5111/5111168-45b04075f6e8b904f40882ba53072ee2.jpg

 
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