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Great Panther suspends operations at Topia

According to the company, the suspension of operations is not expected to exceed more than 30 days.

For the three months ended September 30, 2020 , Topia produced an average of approximately 1,400 gold equivalent ounces per month and accounted for approximately 9% of the company’s revenues.

Great Panther’s Tucano and Guanajuato mine complex remain in operation.

The suspension is not expected to impact the company’s ability to achieve its production guidance, Great Panther said in a press release.

Midday Tuesday, Great Panther’s stock was down nearly 1% on the TSX. The company has a C$383 million market capitalization.

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