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Photo courtesy of Royal Road Minerals

Royal Road Minerals To Resume Gold Exploration In Colombia Amidst COVID-19 Pandemic

Posted On April 20, 2020
By : Loren Moss
Comment: 0
Tag: circular 401, colombia, colombian mining chamber, colombian ministry of mines and energy, coronavirus, covid-19, covid19, gold, ifc, international finance corporation, mining, pandemic, royal road minerals, tim coughlin, tsxv: ryr, world bank

Royal Road Minerals Limited (TSXV:RYR) announced today that by way of Government Circular 4011 issued by the Colombian Ministry of Mines and Energy on April the 17th, it has been notified that mineral exploration work may now continue in Colombia, subject to the Royal Road complying with certain national health authority guidelines pertaining to the management and mitigation of the COVID-19 pandemic. The miner has filed operating protocols relating to these guidelines with national authorities in Colombia, has published them on the home page of its corporate web site and is currently supplementing them, where deemed fit, with additional obligations and guidance under the company’s commitment to IFC (World Bank Group) Performance Standards.

“This is welcome news from the Colombian authorities but we recognize that it comes with caution and expectation” said Tim Coughlin, Royal Road’s President and CEO “We intend to meet and exceed national health authority guidelines and aim to ensure that local government and local communities are fully-informed and supportive of our plans to continue our exploration activities. We would like to take this opportunity to recognize and extend our gratitude to the Colombian Mining Chamber for their tireless work in facilitating meaningful engagement on this important issue”.

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About the Author
Loren Moss is the founder and publisher of Finance Colombia. He has over 20 years of international business experience, including over a decade of experience in securities, insurance, and commercial real estate, at the institutional and international level.
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