LONDON (Thomson Financial) - Target Resources Plc. said its operations in
the Kono district of Sierra Leone have stalled due to unforeseen delays as
equipment has not arrived on site.
Equipment needed to enable the company's Dense Media Separation plant to
operate is now expected to arrive in August and the dredge is not expected until
September, the company said.
Target added that limited processing of accumulated gravels has commenced as
an interim measure through the recently constructed scrubber and jig plant.
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