COVID-19

Little pandemic pain for Kingsrose

COVID-19 restrictions in Indonesia not expected to disrupt Kingsrose's production.

This article is 4 years old. Images might not display.

Australia's Mining Monthly is making some of its most important coverage of the COVID-19 pandemic freely available to readers. For more coverage, please see our COVID-19 hub. To subscribe to AMM, click here.

The company told the Australian Securities Exchange that its guidance for the 2019-20 financial year remained unchanged at 25,000 ounces to 29,000oz at an all-in sustaining cost of US$930-US$1130 per ounce.

However, the Talang Santo Phase 2 drilling program will be halted at the end of April because Indonesian travel restrictions to help stop the spread of COVID-19 are making it increasingly difficult to adequately supervise the work.

It is estimated the program will be 50% complete.

Limited mining resumed at the Talang Santo open pit in March after a safety review of the wall slip that happened in February.

Mining at Talang Santo is expected to be completed in mid-April and production of dore should continue at the Way Linggo plant into July.

Applications for permits to progress future projects will be lodged once Indonesian authorities return to "business as usual" following the country's COVID-19 measures.

 

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

Mining Magazine Intelligence: Automation and Digitalisation Report 2024

Exclusive research for Mining Magazine Intelligence Automation and Digitalisation Report 2024 shows mining companies are embracing cutting-edge tech

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets