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BRIEF-Mandalay Resources Corporation’s Cerro Bayo mine gives notice of force majeure
June 30, 2017 / 12:07 PM / 3 months ago

BRIEF-Mandalay Resources Corporation’s Cerro Bayo mine gives notice of force majeure

June 30 (Reuters) - Mandalay Resources Corp:

* Mandalay Resources Corporation’s Cerro Bayo mine gives notice of Force Majeure

* Mandalay Resources - notice suspends Cerro Bayo’s obligations under contracts with these parties due to flooding of Delia NW mine on June 9, 2017

* Mandalay Resources - ‍compañia Minera Cerro Bayo commenced giving notice of force majeure to primary customers, suppliers, contractors of Cerro Bayo mine​

* Mandalay Resources Corp - company is reviewing several alternatives for future of mining at Cerro Bayo

* Mandalay Resources - co is also initiating consultations with its unions about potential impacts on employees during period of suspended production

* Mandalay Resources - also initiating consultations with its unions about potential impacts on employees during period of suspended production​ Source text for Eikon: Further company coverage:

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