Straits Resources Limited (ASX:SRQ) says heavy rain and flash flooding has impacted its Mt Muro gold mine operations in Indonesia.
166 millimetres of rain in 72 hours has affected mining in the short term, with Straits suspending milling operations until the situation is stabilised.
Personnel are working to ensure Straits’ pumping and rainwater discharge facilities are not overwhelmed and have initiated a recommissioning plan to control site water levels.
Currently there have been no alterations to full year production guidance, as Straits prepares to resume milling once all facilities have been damage reviewed.
The drenching comes with Mt Muro’s operations already under review ahead of a potential demerger of Straits gold and copper operations, due by December 20.
Straits resources reported a $139 million loss in the 2012 financial year.
