Only in the fourth quarter of 2017, the company produced 51,699 ounces of gold, up 26% over the fourth quarter of the previous year.
Gran Colombia Gold Mining News
Marmato underground gold mine is expected to have a minimum 12-year productive life, generating over 1.5 million ounces of the precious metal during that time.
While production in August was below normal due to the ongoing disruptions to the company’s operations, Gran Colombia expects to meet its annual production guidance for 2017 of 150,000 to 160,000 ounces of gold.
They are protesting against expansion plans by Zandor Capital, a subsidiary of Canadian-based Gran Colombia Gold, and also in opposition to Bill 169