Great Panther Silver (TSX:GPR, StockForum), a Toronto-based silver mining and exploration company with two producing mines, Topia and Guanajuato, announced today that the company had resumed full operations at the mine and plant facilities at its 100% owned Guanajuato Mine located in Mexico.
According to the news release, the company has spent the last four days since regaining control of the facility on March 13, 2014 assessing damages and returning the complex to full operational capacity.
The re-start came after the mine was overrun by approximately 60 people on March 9, 2014 after an illegal worker died at the mine during an altercation with guards less than a week before. The illegal occupation lasted four days.
Company president and CEO, Robert Archer, commented, “I would like to express my appreciation to all of our employees and contractors who wasted no time in cleaning up, conducting inventories, assessing damages and getting the plant up and running.”
He went on to sum up, “This has been a very difficult week for everyone but our team really pulled together to get things back to normal. Once again, I would like to thank the various authorities who were instrumental in the safe and peaceful return of Great Panther's property in such a short period of time.”
Great Panther is working with authorities as they conduct an investigation into the illegal occupation.
The company was in the news recently when the company regained control of the Guanajuato facility.
Currently there are 138.5m outstanding shares with a market cap of $188.4 million.