Rio2 suspends Fenix Gold mining operations after severe winter storms disrupt ramp-up

Bitget2026/09/28 11:31

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Rio2’s Fenix Gold mine in Chile suspended operations during Q3 due to severe winter storms linked to a super El Niño.
Heavy snowfall and high winds disrupted the ramp-up of first-year production, with major storm periods July 17–24 and Aug. 10–22.
Workforce was evacuated during the shutdowns; the leach pad, process plant, and power facilities stayed operational at reduced capacity.
Management still targets commercial production in Q4, despite continued risk of unseasonal snowfall through December.
Formal production guidance for the rest of the year remains withheld.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rio2 Limited published the original content used to generate this news brief via Newsfile (Ref. ID: 202609280730NEWSFILECNPR____20260928_316260_1) on September 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Rio2 suspends Fenix Gold mining operations after severe winter storms disrupt ramp-up

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