Tuesday, April 12, 2011

Century Announces Restart of San Juan Mill Operations

Peru's OSINERGMIN Rescinds Shutdown Order

BLAINE, WASHINGTON--(Marketwire - April 12, 2011) - Century Mining Corporation ("Century" or the "Company") (TSX VENTURE:CMM) is pleased to announce that as of Friday, April 8, 2011 Peru's OSINERGMIN (the Supervisory Agency for Energy and Mining Investment of Peru's Ministry of Mines) has rescinded its closure order, and that that full milling operations at the San Juan gold mine were resumed immediately. Because of the government action the San Juan milling operations were affected for a total of 16 days.

President and CEO Daniel Major noted, "We are glad to have the OSINERGMIN issue resolved without extended downtime of the San Juan milling operation. Century is committed to working with OSINERGMIN and the Ministry of Mines to assure that the Company is in compliance applicable government and environmental requirements in the permitting, construction and operation of our tailings disposal areas."

4 comments:

ATInsider said...

Interesting how after April 7, 2011 deadline for shares being allowed to vote, we now get somewhat positive NR's.

paliman said...

It's funny how a professional can be so vagu in his news releases. They closed us down but we had all our paper work and now they opened us up and can work. Gee I wonder what happened in between?

ATInsider said...

LOL, and I also find it interesting that WTG's share price is now tanking below $3.00 ever since April 7, 2011 has passed... Do "THEY" truly think we are all stupid or something? lmfho

dave peters said...

NT300: On the conference call this morning, it was made known that the RECORD DATE is not yet set. So there was NO April 7, 2011 deadline after all.