VictoriaGold Victoria Gold reports lower production in Q3, retracts 2022 guidance due to conveyor belt failure
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The company said that reduced year-over-year Q3 production was the result of no run of mine ore tonnes hauled directly from the open pit to the Heap Leach Facility , adding that in Q3 2021, a total of 1.1M tonnes of run of mine ore was hauled directly from the open pit to the HLF. Importantly, the company also reported that on September 29, the 1.5 kilometer overland conveyor that links and delivers ore from the crushing plant to the HLF experienced a splice failure of the main belt, which has been in service since the start of operations in 2019.
Due to the length of the belt and number of sections to be spliced, the company anticipates that crushing, conveying and stacking operations will be down between 2 to 3 weeks.
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