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Siana ore processing to cease soon – Red 5

Creamer Media Senior Deputy Editor: Australasia
ASX-listed Red 5 is expected to cease ore processing at its Siana gold mine, in the Philippines, by the end of June or early July. Mining operations were suspended in April on the back of uncertainty around regulatory and government mining policy, as well as an assessment of the likely resulting changes to openpit operations after taking into account delays in gaining approvals for the environmental compliance certificate amendment for the long-term tailings storage facility and other mining challenges.

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