06:26 AM EDT, 10/02/2024 (MT Newswires) -- Titan Mining ( TIMCF ) , whose shares rose 8% yesterday, on Wednesday said its Empire State Mine in upstate New York has returned to full commercial production.

"Historic flooding" in upstate New York from tropical Storm Debby on August 10 caused damage to the electrical components of the underground crusher level, the company said in a statement, adding that it completed repairs ahead of schedule and under budget. Mining activities restarted on August 20 and continued during the crusher level repairs, it added.

Titan said based on inventory of broken ore stockpiled in the underground, combined with normal ongoing production and the excess milling capacity, it expects to meet its original full-year production guidance of 56 to 60 million payable pounds of zinc.

"We are confident that we can meet our production targets for the year," said Joel Rheault, Empire State Mines' vice president of operations.

Titan rose $0.02 to $0.27 on Tuesday.