NYSE American- and TSX-listed Great Panther has lowered its fourth-quarter production guidance for the Tucano mine, in Brazil, following wall failures in one of the five pits scheduled for production in the quarter.
Since the discovery of the geotechnical issue earlier this month, sections of the west wall of the Urucum Central South (UCS) pit had deteriorated, resulting in failures along the lower southern portion of the west wall and cracks along the central section of the pit.