Chilean strike, extreme weather interrupt Cerro Grande’s Pimenton mine

Canadian miner Cerro Grande Mining expects its earnings in its fourth fiscal quarter ended September 30 to be adversely affected by the obstruction of the road serving its Pimenton mine, in Chile.  Striking subcontract workers at Chilean mining major Codelco’s Andina copper/gold mine and a six-day snowstorm had been the cause and as a result Cerro Grande was unable to make shipments of copper concentrate and gold doré, as well as receive a shipment of fuel oil for Pimenton.