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LAFAYETTE MINING PROJECT IN PHILIPPINES HIT BY SECOND TYPHOON.
SYDNEY, Dec 1 Asia Pulse - Lafayette Mining Ltd's (ASX:LAF) troubled Rapu Rapu polymetallic project in the Philippines has suffered a further setback with a second typhoon causing damage to the site.
The company said typhoon Reming (also know as Durian) hit the island of Rapu Rapu last night damaging infrastructure.
"Due to the extent of the damage to structures on site, operations at Lafayette Mining Ltd's polymetallic plant and mining operation on the island will be interrupted for a period," Lafayette said.
This is the second time a typhoon has disrupted Lafayette's operations at Rapu Rapu, after typhoon Milenyo damaging infrastructure in early October.
Lafayette has requested a trading halt in its shares to assess the implications of the damage.
"Preliminary reports ...
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