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Orvana Minerals Provides Update on Transport, Logistics Disruptions in Bolivia
Orvana Minerals (ORV.TO) provided an update on ongoing transport and logistics disruptions in Bolivia amid significant civil unrest and impacts on the oxide stockpile project at the Don Mario operation.Actions including nationwide strikes and road blockades in Bolivia are disrupting the movement of goods and personnel across the country and materially affecting logistics and supply chains nationwide, the company said in a Monday news release.The start of oxide ore processing at Don Mario is being directly impacted by constraints on the supply of required materials.As a result, the start of oxide ore processing will be delayed beyond the previously announced timeline. The company is not in a position to provide a revised start-up date at this time.The Don Mario operation is operated through Orvana's controlled subsidiary Empresa Minera Paitiiti. EMIPA has completed the verification phase of the Don Mario plant's gold-silver circuit, producing 959 gold ounces and 1,079 silver ounces of dore from the processing of legacy sulphide ore.Following completion of the gold-silver testing phase, EMIPA advanced the commissioning and integration of the copper leaching, solvent extraction and electro-winning circuits. The expanded plant is now undergoing final testing and operational readiness verification.EMIPA is taking all available steps to advance oxide ore processing, including evaluating alternative and in-country sourcing options where feasible.The company is continuing to monitor the situation and will provide updates as the impact on EMIPA's operations becomes clearer.