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Access has been restored to China Nonferrous's Pakrat gold project

It's taken a couple of months to clear the snow but the flooding is going to take longer to address
Certain sections of the mine below 2,230 metres remain flooded

Access has been restored at China Nonferrous Gold Limited’s (LON:CNG) Pakrat gold project in the Republic of Tajikistan after the late February avalanche.

Renovation of the damaged buildings is in progress and a temporary external power restoration program is underway with power supply to the mine expected to resume later this month.

READ China Non-Ferrous Gold says avalanche at Pakrut mine to "significantly" affect gold production

The snow has been melting and while this has helped in gaining access to the mine above ground, it has resulted in certain sections of the mine below 2,230 metres being flooded.

Drainage cannot take place until the power supply is resumed, and will take time to complete so operations at the mine are not expected to return to normal until the fourth quarter of this year.

The company said discussions with its insurance provider remain in progress.


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