Torex Gold reports fatalities at Mexican underground mine, shares plunge
Torex Gold Resources (TSX: TXG) says a fatal carbon monoxide gas leak at its El Limón Guajes (ELG) underground mine in Mexico has claimed the lives of three workers.The incident, according to the Canadian miner, occurred during the December 5 day shift at ELG underground, part of a larger mine complex that also hosts two open pits and a 13,000-tonne-a-day processing plant.As a result of the incident, activities at the ELG underground mine have been suspended, Torex said, adding that an investigation to determine the cause of the accident will commence shortly.With this setback, Torex saw its shares plunge on Friday, down 14.7% to C$27.21 apiece by 11:20 a.m. in Toronto. The company’s market capitalization is approximately C$2.3 billion ($1.6bn).Commenting on the fatalities, Torex CEO Jody Kuzenko said: “While the details are very limited at this time, we do know that a 32-year old male, a 36-year old male and a 39-year old male have lost their lives to carbon monoxide exposure.”Two of the workers mentioned were Torex employees, while the third was a contractor. A fourth contract employee was also in the area and sent to hospital, but is expected to recover.In addition to ELG, the company is set to have another underground mine within Mexico’s Guerrero gold belt, with the nearby Media Luna project nearing completion. This new mine is being tied into the ELG complex, and together, they were expected to deliver 450,000 to 470,000 oz. of gold production this year.Weiter zum vollständigen Artikel bei Mining.com
Quelle: Mining.com
