Civil Unrest Causes Mineros S.A. To Temporarily Suspend Nechi Operations

Colombian mining company Mineros S.A. (TSX: MSA) (CB: MINEROS) announced Friday that due to ongoing protests by groups not associated with the company (Clan del Golfo mafia) against measures taken by the national government of Colombia in the Bajo Cauca region, the miner has temporarily suspended all operations at its Nechi Alluvial property.

Nechi is located roughly halfway between Medellín & Cartagena on the banks of the Cauca river.

The protests, which started on March 2, 2023, are taking place in, and have caused disruptions throughout, the Bajo Cauca region in northwestern Colombia where the Cauca river descends from the mountains into coastal plains.

Mineros says it will resume operations when it can ensure the safety and security of its employees and contractors.

The company has also warned that any extended suspension of operations may negatively impact its ability to meet its production guidance from the Nechi Alluvial Property. Mineros says it will keep the market informed of further developments.

Above photo: Colombian riot police clear blockades to reopen roadways in Colombia’s Bajo Cauca region where Clan del Golfo (mafia) sponsored unrest has disrupted commerce and civil life. (Policia Nacional de Colombia – Twitter)