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Gran Colombia resumes production at Colombian gold mine

Gran Colombia Gold Corp. has resumed normal work at its Segovia gold mine in Colombia after successful negotiations with government representatives and the local mining collective that instigated the civil strike.

The civil strike last week obstructed the company's workers from safely reporting to work.

According to the Sept. 29 statement, the strike is not expected have a significant effect on the total gold production for the year, expected at 135,000 ounces to 145,000 ounces.

To resolve the situation, the parties agreed to create a Mesa Institucional, a roundtable with representatives from all parties, to analyze and propose solutions to improve social and economic matters in Segovia and Remedios.

Meanwhile, Gran Colombia will continue its negotiations, with each of the illegal mines located within its mining title at Segovia to enter into similar contracts as the ones with 41 other mining cooperatives working within its mining title.

The first set of negotiations, to be moderated by the U.S. Agency for International Development and the government of Antioquia, will start in the second week of October with representatives of the Cogote mine.