On June 27, 2019, production activities at the Beaufor Mine have been temporarily suspended and the mine was placed on care and maintenance.
On July 27, 2022, Monarch Mining Corporation reported the production of its first gold bar from its wholly-owned Beaufor Mine and Beacon Mill.
On September 27, 2022, Monarch Mining Corporation suspended its operations at the Beaufor Mine due to financial and operational challenges. The mine will be put on care and maintenance for an undetermined period. |